| SUMMARY OF SIGNIFICANT POLICIES | SUMMARY OF SIGNIFICANT POLICIES Basis of Presentation The accompanying unaudited interim
financial statements of the Company have been prepared in accordance with accounting principles generally accepted in the United
States of America and the rules of the Securities and Exchange Commission, and should be read in conjunction with the audited financial
statements and notes thereto contained in the Company’s most recent Annual Financial Statements filed with the SEC on Form
10-K for fiscal year 2017. In the opinion of management, all adjustments, consisting of normal recurring adjustments, necessary
for a fair presentation of financial position and the results of operations for the interim period presented have been reflected
herein. The results of operations for the interim period are not necessarily indicative of the results to be expected for the full
year. Notes to the financial statements which would substantially duplicate the disclosures contained in the audited financial
statements for the most recent fiscal period, as reported in the Form 10-K, have been omitted. Concentrations The Company deposits cash with a
national bank within the United States of America and at times throughout the year may maintain balances that exceed federally
insured limits of $250,000 per depositor, per insured bank. There was no uninsured cash at March 31, 2018 or December 31, 2017.
The Company has not experienced any losses in such accounts, and management believes the Company is not exposed to any unusual
credit risk on cash and cash equivalents. Use of Estimates The preparation of financial statements
in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect the
reported amounts of assets and liabilities and disclosures of contingent assets and liabilities at the date of the financial statements
and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. Cash and Cash Equivalents The Company considers all highly
liquid investments purchased with original maturities of three months or less to be cash equivalents. Cash equivalents are placed
with high credit quality financial institutions and are primarily in money market funds. The carrying value of those investments
approximates fair value. Accounts Receivable Accounts receivable are uncollateralized
customer obligations due under normal trade terms and are stated at the amount the Company expects to collect from outstanding
balances. The Company records an allowance for doubtful accounts based on specifically identified amounts that are believed to
be uncollectible. Management considers accounts receivable to be fully collectible at March 31, 2018. Revenue Recognition The Company recognizes revenue pursuant
to Accounting Standards Codification (“ASC”) 606, “Revenue from Contracts with Customers”.
Performance Obligations The Company recognizes revenue when
performance obligations under the terms of the contract with the customer are satisfied. The Company measures revenue as the amount
of consideration to which it expects to be entitled in exchange for transferring goods and
Contract Balances Customer payments received in advance
of the performance of services are recorded as deferred revenues in the balance sheets and are recognized as revenue when the web
and IT services are rendered. Policy Election The Company has elected to exclude
sales tax and similar taxes from the measurement of transaction price. As the Company historically has presented taxes on a net
revenue basis, there is no change to the current presentation as a result of the adoption of ASC 606. Cost of Revenues Cost of revenues includes all costs
associated with the providing website development and IT services for its clients and primarily consists of subcontracted services. Earnings (loss) per share Basic earnings (loss) per common
share is computed by dividing net income (loss) available to common shareholders by the weighted-average number of shares of common
stock outstanding during the period. Diluted earnings per common share is computed by dividing income available to common shareholders
by the weighted-average number of shares of common stock outstanding during the period increased to include the number of additional
shares of common stock that would have been outstanding if potentially dilutive securities had been issued. At March 31, 2018,
the Company had a $50,000 loan from a stockholder which is convertible on demand. Management has not determined the conversion
rate on this potentially dilutive security at March 31, 2018. Stock-based compensation The Company accounts for equity
instruments issued in exchange for the receipt of goods or services from other than employees in accordance with FASB ASC 718-10,
“Compensation- Stock Compensation”, and FASB ASC 505-50, “Equity- Based Payments to Non-Employees”. Costs
are measured at the estimated fair value of the consideration received or the estimated fair value of the equity instruments issued,
whichever is more reliably measurable. The value of the equity instruments issued for consideration other than employee services
is determined on the earliest of a performance commitment or completion of performance by the provider of goods or services. Related Parties A related party is generally defined
as (i) any person that holds 10% or more of the Company’s securities and their immediate families, (ii) the Company's management,
(iii) someone that directly or indirectly controls, is controlled by or is under common control with the Company, or (iv) anyone
who can significantly influence the financial and operating decisions of the Company. A transaction is considered to be a related
party transaction when there is a transfer of resources or obligations between related parties. Income Taxes The Company records income taxes
under the asset and liability method, whereby deferred tax assets and liabilities are recognized based on the future tax consequences
attributable to temporary differences between the financial statement carrying amounts of existing assets and liabilities and their
respective tax bases, and attributable to operating loss and tax credit carryforwards. Accounting standards regarding income taxes
requires a reduction of the carrying amounts of deferred tax assets by a valuation allowance, if based on the available evidence,
it is more likely than not that such assets will not be realized. Accordingly, the need to establish valuation allowances for deferred
tax assets is assessed at each reporting period based on a more-likely-than-not realization threshold. This assessment considers,
among other matters, the nature, frequency and severity of current and cumulative losses, forecasts of future profitability, the
duration of statutory carryforward periods, the Company’s experience with operating loss and tax credit carryforwards not
expiring unused, and tax planning alternatives. The Company recorded valuation allowances
on the net deferred tax assets. Management will reassess the realization of deferred tax assets based on the accounting standards
for income taxes each reporting period. To the extent that the financial results of operations improve and it becomes more likely
than not that the deferred tax assets are realizable, the Company will be able to reduce the valuation allowance. Significant judgment is required
in evaluating the Company’s tax positions and determining its provision for income taxes. During the ordinary course of business,
there are many transactions and calculations for which the ultimate tax determination is uncertain. Accounting standards regarding
uncertainty in income taxes provides a two-step approach to recognizing and measuring uncertain tax positions. The first step is
to evaluate the tax position for recognition by determining if the weight of available evidence indicates it is more likely than
not that the position will be sustained on audit, including resolution of related appeals or litigation processes, if any. The
second step is to measure the tax benefit as the largest amount which is more than 50% likely, based solely on the technical merits,
of being sustained on examinations. The Company considers many factors when evaluating and estimating its tax positions and tax
benefits, which may require periodic adjustments, and which may not accurately anticipate actual outcomes. Fair Value of Financial Instruments The Company follows guidance for
accounting for fair value measurements of financial assets and financial liabilities and for fair value measurements of nonfinancial
items that are recognized or disclosed at fair value in the financial statements on a recurring basis. Additionally, the Company
adopted guidance for fair value measurement related to valuation techniques used to measure fair value. The hierarchy gives the
highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1 measurements) and the
lowest priority to measurements involving significant unobservable inputs (Level 3 measurements). The three levels of fair value
hierarchy are as follows: Level 1 – Inputs are quoted
prices (unadjusted) in active markets for identical assets or liabilities that the Company has the ability to access at the measurement
date. Level 2 – Inputs are inputs
other than quoted prices included within Level 1 that are observable for the assets or liability, either directly or indirectly. Level 3 – Inputs are unobservable
inputs for the asset or liability. The Company does not have any financial
assets or liabilities that are required to be fair valued on a recurring basis. For certain of the Company's financial
instruments, including cash and cash equivalents, accounts receivables, accounts payable and accrued liabilities, amounts due to
related parties and income tax payable, the carrying amounts approximate fair values due to their short maturities. Transactions involving related parties
cannot be presumed to be carried out on an arm's-length basis, as the requisite conditions of competitive, free market dealings
may not exist. Representations about transactions with related parties, if made, shall not imply that the related party transactions
were consummated on terms equivalent to those that prevail in arm's-length transactions unless such representations can be substantiated.
It is not, however, practical to determine the fair value of amounts due from/to related parties due to their related party nature. Foreign Currency Transactions
and Translation The Company records and settles
all transactions in U.S. Dollars based on the current exchange rate prevailing at each transaction date, therefore there are no
translation adjustments at the balance sheet date that should be included in accumulated other comprehensive income. Accounting Standards Adopted In May 2014, the Financial Accounting
Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) No. 2014-09, “Revenue from
Contracts with Customers (Topic 606)”. This ASU created a single comprehensive new revenue recognition standard. Under
the new standard and its related amendments (collectively known as Accounting Standards Codification (“ASC 606”), an
entity recognizes revenue when its customer obtains control of promised goods or services, in an amount that reflects the consideration
which the entity expects to receive in exchange for those goods or services. Enhanced disclosures are required regarding the nature,
amount, timing, and uncertainty of revenue and cash flows arising from contracts with customers. ASU 2014-09 was effective for
annual reporting periods beginning after December 15, 2017. The Company adopted the standard as of January 1, 2018, using the modified
retrospective method applied to contracts which were not completed as of that date, which represent contracts for which all (or
substantially all) of the revenues have not been recognized under existing standard as of the date of adoption. The Company did
not record any cumulative effect adjustment to its opening balance of retained earnings as a result of the adoption of ASC 606
since the revenue recognition approach under ASC 606 for the remaining performance obligations on the incomplete contracts does
not differ from its historical revenue recognition pattern. Under this approach, the Company did not restate the prior financial
statements presented. In August 2016, the FASB issued
ASU 2016-15, Statement of Cash Flows (Topic 230): Classification of Certain Cash Receipts and Cash Payments (a consensus of the
Emerging Issues Task Force). ASU 2016-15 reduces diversity in practice in how certain transactions are classified in the statement
of cash flows. The effective date was the first quarter of fiscal year 2018 with early adoption permitted. The Company adopted
the standard as of January 1, 2018. The adoption of ASU 2016-15 had no effect on the Company’s financial position or results
of operations. Accounting Standards Not Yet
Adopted In February 2016, the FASB issued
ASU 2016-02, Leases (Topic 842), which supersedes ASC 840, Leases. This ASU is based on the principle that entities
should recognize assets and liabilities arising from leases. The ASU does not significantly change the lessees’
recognition, measurement and presentation of expenses and cash flows from the previous accounting standard. Leases
are classified as finance or operating. The ASU’s primary change is the requirement for entities to recognize
a lease liability for payments and a right of use asset representing the right to use the leased asset during the term on operating
lease arrangements. Lessees are permitted to make an accounting policy election to not recognize the asset and liability
for leases with a term of twelve months or less. Lessors’ accounting under the ASC is largely unchanged from
the previous accounting standard. In addition, the ASU expands the disclosure requirements of lease arrangements. Lessees
and lessors will use a modified retrospective transition approach, which includes a number of practical expedients. The
effective date will be the first quarter of fiscal year 2020 with early adoption permitted. Management continues to
assess the overall impact the adoption of ASU 2016-02 will have on the Company’s financial statements. In June 2016, the FASB issued ASU
2016-13, “Financial Instruments – Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments.”
The amendments in this ASU replace the incurred loss impairment methodology in current GAAP with a methodology that reflects expected
credit losses and requires consideration of a broader range of reasonable and supportable information to inform credit loss estimates.
The amendments in this ASU are effective for fiscal years beginning after December 15, 2019, including interim periods within those
fiscal years. The Company is currently in the process of evaluating the impact of the adoption on its financial statements. The Company has implemented all
new accounting pronouncements that are in effect and that may impact its consolidated financial statements and does not believe
that there are any other new accounting pronouncements that have been issued that might have a material impact on its financial
position or results of operations. |
