Caleminder 10-K 14 Mar 16 2015 FY Annual report Financial data

Document and Entity Information

Document and Entity Information - USD ($)	12 Months Ended
	Dec. 31, 2015	Mar. 14, 2016
Document And Entity Information
Entity Registrant Name	CALEMINDER INC
Entity Central Index Key	1,611,019
Document Type	10-K
Document Period End Date	Dec. 31, 2015
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Is Entity a Well-known Seasoned Issuer?	No
Is Entity a Voluntary Filer?	No
Is Entity's Reporting Status Current?	Yes
Entity Filer Category	Smaller Reporting Company
Entity Public Float		$ 0
Entity Common Stock, Shares Outstanding		10,000,000
Document Fiscal Period Focus	FY
Document Fiscal Year Focus	2,015

Balance Sheets

Balance Sheets - USD ($)	Dec. 31, 2015	Dec. 31, 2014
Current Assets:
Cash	$ 270	$ 3,542
Deferred offering costs		6,000
Prepaid expenses		3,249
Total current assets	$ 270	12,791
Total assets	270	12,791
Current Liabilities:
Accounts payable	10,099	6,297
Loans payable to related party	11,664	25,130
Total current liabilities	21,763	31,427
Stockholders' Deficit:
Common stock, 500,000,000 shares authorized, par value $0.0001, 10,000,000 and 7,500,000 shares issued and outstanding, respectively	1,000	$ 750
Additional paid in capital	43,750
Accumulated deficit	(66,243)	$ (19,386)
Total stockholders' deficit	(21,493)	(18,636)
Total liabilities and stockholders' deficit	$ 270	$ 12,791

Balance Sheets (Parenthetical)

Balance Sheets (Parenthetical) - $ / shares	Dec. 31, 2015	Dec. 31, 2014
Statement of Financial Position [Abstract]
Common stock, par value per share	$ 0.0001	$ 0.0001
Common stock, shares authorized	500,000,000	500,000,000
Common stock, shares issued	10,000,000	7,500,000
Common stock, shares outstanding	10,000,000	7,500,000

Statements Of Operations

Statements Of Operations - USD ($)	7 Months Ended	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2015
Income Statement [Abstract]
Revenue
General and Administrative Expenses	$ 19,386	$ 46,857
Operating loss	(19,386)	(46,857)
Loss before income taxes	$ (19,386)	$ (46,857)
Provision for Income Taxes
Net loss	$ (19,386)	$ (46,857)
Basic and Diluted
Loss Per Common Share	$ 0	$ 0
Weighted Average Number of Common Shares Outstanding	7,362,385	9,732,877

Statement Of Stockholder's Defi

Statement Of Stockholder's Deficit - USD ($)	Common Stock [Member]	Additional Paid-in Capital [Member]	Accumulated Deficit [Member]	Total
Balance shares at May. 27, 2014
Balance value at May. 27, 2014
Founder's shares issued for cash, $0.0001 per share, shares	7,500,000
Founder's shares issued for cash, $0.0001 per share, value	$ 750			$ 750
Net loss for the year			$ (19,386)	$ (19,386)
Balance shares at Dec. 31, 2014	7,500,000			7,500,000
Balance value at Dec. 31, 2014	$ 750		$ (19,386)	$ (18,636)
Shares issued for cash, $0.02 per share (less $6,000 offering cost), shares	2,500,000
Shares issued for cash, $0.02 per share (less $6,000 offering cost), value	$ 250	$ 43,750		44,000
Net loss for the year			$ (46,857)	$ (46,857)
Balance shares at Dec. 31, 2015	10,000,000			10,000,000
Balance value at Dec. 31, 2015	$ 1,000	$ 43,750	$ (66,243)	$ (21,493)

Statement Of Stockholder's Def6

Statement Of Stockholder's Deficit (Parenthetical)	Feb. 09, 2015USD ($)$ / shares
Statement of Stockholders' Equity [Abstract]
Stock price per share | $ / shares	$ 0.02
Offering costs adjusted against additional paid in capital | $	$ 6,000

Statements Of Cashflows

Statements Of Cashflows - USD ($)	7 Months Ended	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2015
OPERATING ACTIVITIES:
Net loss	$ (19,386)	$ (46,857)
Adjustments to reconcile net loss to net cash used in operating activities:
Decrease (increase) in prepaid expenses	3,249	(3,249)
Increase in accounts payable	6,297	3,802
Net cash used in operating activities	(16,338)	(39,806)
FINANCING ACTIVITIES:
Proceeds from issuance of common stock	750	$ 50,000
Offering costs	6,000
Proceeds from loans from stockholder	42,130	$ 8,000
Payment of loans from stockholder	17,000	21,466
Net cash provided by financing activities	19,880	36,534
Net change in cash	$ 3,542	(3,272)
Cash, Beginning of Period		3,542
Cash, End of Period	$ 3,542	$ 270
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION
Cash paid during the period for: Interest
Cash paid during the period for: Income taxes

General Organization And Busine

General Organization And Business	12 Months Ended
	Dec. 31, 2015
General Organization And Business
General Organization and Business	NOTE 1. GENERAL ORGANIZATION AND BUSINESS Caleminder Inc. (“the Company”) was incorporated under the laws of the state of Delaware on May 28, 2014. The Company has not yet realized any revenues from its planned operations. The Company’s principal operations will include an online gifts and greeting business. The Company expects to generate revenues through online advertising. The Company is in the process of building its website. The Company’s activities are subject to significant risks and uncertainties including failure to secure additional funding to properly execute the company’s business plan.

Summary Of Significant Accounti

Summary Of Significant Accounting Practices	12 Months Ended
	Dec. 31, 2015
Summary Of Significant Accounting Practices
Summary of Significant Accounting Practices	NOTE 2. SUMMARY OF SIGNIFICANT ACCOUNTING PRACTICES Basis of Accounting The Company’s financial statements are prepared using the accrual method of accounting. The Company has elected a December 31 fiscal year end. Use of Estimates The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenue and expenses during the reporting period. Actual results could differ from those estimates. Cash and Cash Equivalents The Company considers all highly liquid investments with maturity of three months or less when purchased to be cash equivalents. Deferred Offering Costs The Company defers as other assets the direct incremental costs of raising capital until such time as the offering is completed. At the time of the completion of the offering, the costs are charged against the capital raised. Should the offering be terminated, deferred offering costs are charged to operations during the period in which the offering is terminated. Income Taxes A deferred tax asset or liability is recorded for all temporary differences between financial and tax reporting and net operating loss carry forwards. Deferred tax expense (benefit) results from the net change during the year of deferred tax assets and liabilities. Deferred tax assets are reduced by a valuation allowance when, in the opinion of management, it is more likely than not that some portion or all of the deferred tax assets will not be realized. Deferred tax assets and liabilities are adjusted for the effects of changes in tax laws and rates on the date of enactment. When required, the Company records a liability for unrecognized tax positions, defined as the aggregate tax effect of differences between positions taken on tax returns and the benefits recognized in the financial statements. Tax positions are measured at the largest amount of benefit that is greater than fifty percent likely of being realized upon ultimate settlement. No tax benefits are recognized for positions that do not meet this threshold. The Company has no uncertain tax positions that require the Company to record a liability. The Company recognizes penalties and interest associated with tax matters as part of the income tax provision and includes accrued interest and penalties with the related tax liability in the balance sheet. The Company had no accrued penalties and interest as of December 31, 2015. Loss per Share The basic loss per share is calculated by dividing our net loss by the weighted average number of common shares outstanding during the year. The diluted earnings (loss) per share is calculated by dividing our net loss by the diluted weighted average number of shares outstanding during the year. The diluted weighted average number of shares outstanding is the basic weighted number of shares adjusted for any potentially dilutive debt or equity. The Company has not issued any potentially dilutive debt or equity securities. Recently issued accounting pronouncements The Company does not believe that there are any new accounting pronouncements that have been issued that might have a material impact on its financial position or results of operations.

Income Taxes

Income Taxes	12 Months Ended
	Dec. 31, 2015
Income Taxes
Income Taxes	NOTE 3. INCOME TAXES The Company uses the liability method , where deferred tax assets and liabilities are determined based on the expected future tax consequences of temporary differences between the carrying amounts of assets and liabilities for financial and income tax reporting purposes. As of December 31, 2015 and 2014, the Company has incurred net losses and, therefore, has no tax liability. The net deferred tax asset generated by the loss carry-forward has been fully reserved. As of December 31, 2015 the cumulative net operating loss carry-forward is approximately $66,000 and will expire 20 years from the date the loss was incurred.

Stockholders' Deficit

Stockholders' Deficit	12 Months Ended
	Dec. 31, 2015
Stockholders Deficit
Stockholders' Deficit	NOTE 4. STOCKHOLDERS’ DEFICIT Authorized The Company is authorized to issue 500,000,000 shares of $0.0001 par value common stock. All common shares have equal voting rights, are non-assessable and have one vote per share. Voting rights are not cumulative and, therefore, the holders of more than 50% of the common stock could, if they choose to do so, elect all of the directors of the Company. Issued and Outstanding On June 1, 2014, the Company issued 7,500,000 common shares to its sole stockholder for cash consideration of $0.0001 per share. The proceeds of $750 were received on June 27, 2014. The Company received $50,000 from subscriptions to issue 2,500,000 shares of common stock as per a Registration Statement filed with the SEC to register and sell 2,500,000 shares of newly issued common stock at an offering price of $0.02 per share. The subscribed shares were issued on February 9, 2015.

Conflicts Of Interest

Conflicts Of Interest	12 Months Ended
	Dec. 31, 2015
Conflicts Of Interest
Conflicts of Interest	NOTE 5. CONFLICTS OF INTEREST The officers and directors of the Company are involved in other business activities and may, in the future, become involved in other business opportunities. If a specific business opportunity becomes available, such persons may face a conflict in selecting between the Company and their other business interests. The Company has not formulated a policy for the resolution of such conflicts.

Going Concern

Going Concern	12 Months Ended
	Dec. 31, 2015
Going Concern
Going Concern	NOTE 6. GOING CONCERN The accompanying financial statements have been prepared assuming that the Company will continue as a going concern. The Company has no revenues. This condition raises substantial doubt about the Company’s ability to continue as a going concern. The Company’s continuation as a going concern is dependent on its ability to meet its obligations, to obtain additional financing as may be required and ultimately to attain profitability. The financial statements do not include any adjustments that might result from the outcome of this uncertainty. Management is planning to raise funds through debt or equity offerings. There is no guarantee that the Company will be successful in these efforts.

Related Party Transactions

Related Party Transactions	12 Months Ended
	Dec. 31, 2015
Related Party Transactions
Related Party Transactions	NOTE 7. RELATED PARTY TRANSACTIONS On June 1, 2014, the Company issued 7,500,000 common shares to its sole stockholder for cash consideration of $0.0001 per share. The proceeds of $750 were received on June 27, 2014. As of December 31, 2015 and 2014, loans from the Company’s sole stockholder amounted to $11,664 and $25,130, respectively, and represent working capital advances from the Company’s sole officer. The loans are unsecured, non-interest bearing, and due on demand.

Summary Of Significant Accoun15

Summary Of Significant Accounting Practices (Policies)	12 Months Ended
	Dec. 31, 2015
Summary Of Significant Accounting Practices Policies
Basis of Accounting	Basis of Accounting The Company’s financial statements are prepared using the accrual method of accounting. The Company has elected a December 31 fiscal year end.
Use of Estimates	Use of Estimates The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenue and expenses during the reporting period. Actual results could differ from those estimates.
Cash and Cash Equivalents	Cash and Cash Equivalents The Company considers all highly liquid investments with maturity of three months or less when purchased to be cash equivalents.
Deferred Offering Costs	Deferred Offering Costs The Company defers as other assets the direct incremental costs of raising capital until such time as the offering is completed. At the time of the completion of the offering, the costs are charged against the capital raised. Should the offering be terminated, deferred offering costs are charged to operations during the period in which the offering is terminated.
Income Taxes	Income Taxes A deferred tax asset or liability is recorded for all temporary differences between financial and tax reporting and net operating loss carry forwards. Deferred tax expense (benefit) results from the net change during the year of deferred tax assets and liabilities. Deferred tax assets are reduced by a valuation allowance when, in the opinion of management, it is more likely than not that some portion or all of the deferred tax assets will not be realized. Deferred tax assets and liabilities are adjusted for the effects of changes in tax laws and rates on the date of enactment. When required, the Company records a liability for unrecognized tax positions, defined as the aggregate tax effect of differences between positions taken on tax returns and the benefits recognized in the financial statements. Tax positions are measured at the largest amount of benefit that is greater than fifty percent likely of being realized upon ultimate settlement. No tax benefits are recognized for positions that do not meet this threshold. The Company has no uncertain tax positions that require the Company to record a liability. The Company recognizes penalties and interest associated with tax matters as part of the income tax provision and includes accrued interest and penalties with the related tax liability in the balance sheet. The Company had no accrued penalties and interest as of December 31, 2015.
Loss Per Share	Loss per Share The basic loss per share is calculated by dividing our net loss by the weighted average number of common shares outstanding during the year. The diluted earnings (loss) per share is calculated by dividing our net loss by the diluted weighted average number of shares outstanding during the year. The diluted weighted average number of shares outstanding is the basic weighted number of shares adjusted for any potentially dilutive debt or equity. The Company has not issued any potentially dilutive debt or equity securities.
Recently Issued Accounting Pronouncements	Recently issued accounting pronouncements The Company does not believe that there are any new accounting pronouncements that have been issued that might have a material impact on its financial position or results of operations.

Income Taxes (Narrative) (Detai

Income Taxes (Narrative) (Details)	12 Months Ended
	Dec. 31, 2015USD ($)
Income Taxes Narrative Details
Net operating loss carry-forward	$ 66,000
Operating loss carryforward limitations on use	Will expire 20 years from the date the loss was incurred.

Stockholders' Deficit (Narrativ

Stockholders' Deficit (Narrative) (Details) - USD ($)	Feb. 09, 2015	Dec. 31, 2014	Dec. 31, 2015	Jun. 01, 2014
Proceeds from issuance of common stock		$ 750	$ 50,000
Offering price per share	$ 0.02			$ 0.0001
Common Stock [Member]
Common stock voting rights			All common stock shares have equal voting rights, are non-assessable and have one vote per share. Voting rights are not cumulative and, therefore, the holders of more than 50% of the common stock could, if they choose to do so, elect all of the directors of the Company.
Proceeds from issuance of common stock	$ 50,000
Shares issued during the period for new issues	2,500,000		2,500,000
Offering price per share	$ 0.02

Related Party Transactions (Nar

Related Party Transactions (Narrative) (Details) - USD ($)	Feb. 09, 2015	Jun. 27, 2014	Jun. 01, 2014	Dec. 31, 2014	Dec. 31, 2015
Related Party Transaction [Line Items]
Price per share	$ 0.02		$ 0.0001
Proceeds from issuance of common stock				$ 750	$ 50,000
Loans payable to related parties				25,130	$ 11,664
Common Stock [Member]
Related Party Transaction [Line Items]
Stock issued to sole stockholder for cash consideration	2,500,000				2,500,000
Price per share	$ 0.02
Proceeds from issuance of common stock	$ 50,000
Sole Stockholder [Member] | Loans Payable [Member]
Related Party Transaction [Line Items]
Loans payable to related parties				$ 25,130	$ 11,664
Loan terms				The loans are unsecured, non-interest bearing, and due on demand.	The loans are unsecured, non-interest bearing, and due on demand.
Sole Stockholder [Member] | Common Stock [Member]
Related Party Transaction [Line Items]
Stock issued to sole stockholder for cash consideration			7,500,000
Price per share			$ 0.0001
Proceeds from issuance of common stock		$ 750