Document and Entity Information
Document and Entity Information | 9 Months Ended |
Sep. 30, 2017shares | |
Document And Entity Information | |
Entity Registrant Name | Teardroppers, Inc. |
Entity Central Index Key | 1,615,780 |
Document Type | 10-Q |
Document Period End Date | Sep. 30, 2017 |
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 Common Stock, Shares Outstanding | 41,550,000 |
Document Fiscal Period Focus | Q3 |
Document Fiscal Year Focus | 2,017 |
Condensed Balance Sheets (Unaud
Condensed Balance Sheets (Unaudited) - USD ($) | Sep. 30, 2017 | Dec. 31, 2016 |
Current Assets | ||
Cash | $ 47,649 | $ 48,636 |
Total Current Assets | 47,649 | 48,636 |
Fixed Assets: | ||
Cost | 89,000 | 5,000 |
Less: Accumulated depreciation | (12,158) | (2,208) |
Fixed assets, net | 76,842 | 2,792 |
Total Assets | 124,491 | 51,428 |
Current Liabilities | ||
Accounts payable | 136,675 | 104,062 |
Accounts payable - related parties | 255,000 | 177,500 |
Customer deposits | 14,500 | 14,500 |
Loan payable | 450,000 | 450,000 |
Lines of credit from related party | 2,385 | 125,560 |
Accrued interest | 123,050 | 89,300 |
Accrued interest - related parties | 13,226 | 8,431 |
Total current liabilities | 994,836 | 969,353 |
Total Liabilities | 994,836 | 969,353 |
Stockholders' Equity (Deficit): | ||
Preferred stock, par value $0.001, authorized 20,000,000 shares, issued shares 0, respectively | 0 | 0 |
Common stock, par value $0.001, authorized 100,000,000 shares issued 41,550,000 and 37,750,000 shares, respectively | 41,550 | 37,750 |
Additional paid in capital | 283,728 | 36,528 |
Accumulated deficit | (1,195,623) | (992,203) |
Total Stockholders' Equity (Deficit) | (870,345) | (917,925) |
Total Liabilities and Stockholders' Equity (Deficit) | $ 124,491 | $ 51,428 |
Condensed Balance Sheets (Unau3
Condensed Balance Sheets (Unaudited) (Parenthetical) - $ / shares | Sep. 30, 2017 | Dec. 31, 2016 |
Statement of Financial Position [Abstract] | ||
Preferred stock, par value | $ 0.001 | $ .001 |
Preferred stock, shares authorized | 20,000,000 | 20,000,000 |
Preferred stock, shares issued | 0 | 0 |
Preferred stock, shares outstanding | 0 | 0 |
Common stock, par value | $ 0.001 | $ .001 |
Common stock, shares authorized | 100,000,000 | 100,000,000 |
Common stock, shares issued | 41,550,000 | 37,750,000 |
Common stock, shares outstanding | 41,550,000 | 37,750,000 |
Condensed Statements of Operati
Condensed Statements of Operations (Unaudited) - USD ($) | 3 Months Ended | 9 Months Ended | |||
Sep. 30, 2017 | Sep. 30, 2016 | Sep. 30, 2017 | Sep. 30, 2016 | ||
Income Statement [Abstract] | |||||
Revenues | $ 0 | $ 0 | $ 0 | $ 6,010 | |
Total revenue | 0 | 0 | 0 | 6,010 | |
Costs of sales | 0 | 0 | 0 | 0 | |
Gross Margin | 0 | 0 | 0 | 6,010 | |
Operating Expenses: | |||||
Consulting to related parties | 25,000 | 27,500 | 77,500 | 83,000 | |
General and administrative | 26,873 | 11,095 | 66,096 | 34,632 | |
Professional fees | 3,675 | 27,039 | 21,279 | 47,767 | |
Operating Expenses | 55,548 | 65,634 | 164,875 | 165,399 | |
Operating Income (loss) | (55,548) | (65,634) | (164,875) | (159,389) | |
Other Income (Expense): | |||||
Interest expense related parties | (269) | (2,147) | (4,795) | (4,196) | |
Interest expense - unrelated parties | (11,250) | (11,342) | (33,750) | (33,873) | |
Total Other Income (Expense) | (11,519) | (13,489) | (38,545) | (38,069) | |
Net Income Before Taxes | (67,067) | (79,123) | (203,420) | (197,458) | |
Income Tax Provision | 0 | 0 | 0 | 0 | |
Net income (loss) | $ (67,067) | $ (79,123) | $ (203,420) | $ (197,458) | |
Net income (loss) per share - (basic and fully diluted) | $ 0 | $ 0 | [1] | $ (0.01) | $ (0.01) |
Weighted average number of common shares outstanding | 41,368,478 | 37,750,000 | 39,132,637 | 37,847,070 | |
[1] | denotes a loss of less than $(.01) per share. |
Condensed Statements of Cash Fl
Condensed Statements of Cash Flows (Unaudited) - USD ($) | 9 Months Ended | |
Sep. 30, 2017 | Sep. 30, 2016 | |
CASH FLOWS FROM OPERATING ACTIVITIES: | ||
Net income (loss) | $ (203,420) | $ (197,458) |
Adjustments to reconcile net loss to net cash provided by (used for) operating activities: | ||
Depreciation | 9,950 | 2,980 |
Changes in Operating Assets and Liabilities | ||
Increase in accounts payable - unrelated parties | 32,613 | 44,025 |
Increase in accounts payable - related parties | 77,500 | 76,641 |
Increase in accrued interest - related parties | 4,795 | 4,196 |
Increase in accrued interest - unrelated parties | 33,750 | 33,873 |
Net cash used for operating activities | (44,812) | (35,743) |
CASH FLOWS FROM FINANCING ACTIVITIES: | ||
Proceeds from line of credit to related party | 196,825 | 218,434 |
Repayments on line of credit to related party | (153,000) | (174,600) |
Net cash provided by financing activities | 43,825 | 43,834 |
Net Increase (Decrease) in Cash | (987) | 8,091 |
Cash at the Beginning of the Period | 48,636 | 46,899 |
Cash at the End of the Period | 47,649 | 54,990 |
Non-cash investing and financing activities | ||
Conversion of related party debt to stock | 167,000 | 0 |
Assets acquired in exchange for stock | 84,000 | 0 |
Assets acquired with accounts payable | 0 | 5,859 |
Asset transferred for cancellation of shares | $ 0 | $ (33,107) |
1. Organization and Description
1. Organization and Description of Business | 9 Months Ended |
Sep. 30, 2017 | |
Organization, Consolidation and Presentation of Financial Statements [Abstract] | |
Organization and Description of Business | On June 3, 2013, Teardroppers, Inc. (the “Company”), was incorporated under the laws of the state of Nevada. We intend to enter the business of mobile billboard advertising by offering to provide billboard advertising space on custom designed "Teardrop Trailers". Teardrop Trailers, are usually designed for short-period accommodations for vacationers and travelers. Teardrop Trailers are designed to be towed behind small economy sized vehicles and pickup trucks. |
2. Summary of Significant Accou
2. Summary of Significant Accounting Policies | 9 Months Ended |
Sep. 30, 2017 | |
Accounting Policies [Abstract] | |
Summary of Significant Accounting Policies | Basis of presentation The Company’s financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”). Interim Financial Statements The accompanying financial statements have been prepared in accordance with generally accepted accounting principles for interim financial information and with the instructions to Form 10-Q and Article 8 of Regulation S-X. Accordingly, they do not include all of the information and footnotes required by generally accepted accounting principles for complete financial statements. In our opinion the financial statements include all adjustments (consisting of normal recurring accruals) necessary in order to make the financial statements not misleading. Operating results for the nine months ended September 30, 2017 are not necessarily indicative of the final results that may be expected for the year ended December 31, 2017. For more complete financial information, these unaudited financial statements should be read in conjunction with the audited financial statements for the year ended December 31, 2016 filed with the SEC. Use of estimates The preparation of financial statements in conformity with U.S. GAAP 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 revenues and expenses during the reporting period. Accordingly, actual results could differ from those estimates. Such estimates include management’s assessments of the carrying value of certain assets, useful lives of assets, and related depreciation and amortization methods applied. Cash equivalents The Company considers all highly liquid investments with an original maturity of three months or less when purchased to be cash equivalents. Fair value of financial instruments The Company adopted the provisions of FASB Accounting Standards Codification (“ASC”) 820 (the “Fair Value Topic”) which defines fair value, establishes a framework for measuring fair value under U.S. GAAP, and expands disclosures about fair value measurements. The Fair Value Topic defines fair value as the exchange price that would be received for an asset or paid to transfer a liability (an exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants on the measurement date. It requires that valuation techniques maximize the use of observable inputs and minimize the use of unobservable inputs. It also establishes a fair value hierarchy, which prioritizes the valuation inputs into three broad levels. The carrying amount of the Company’s financial assets and liabilities, such as cash, accounts payable, accrued expenses, and deferred revenue approximate their fair value because of the short-term maturity of those instruments. The Company’s note payable approximates the fair value of such instruments based upon management’s best estimate of interest rates that would be available to the Company for similar financial arrangements at September 30, 2017 and December 31, 2016. The Company had no assets or liabilities measured at fair value on a recurring basis for as of September 30, 2017 and December 31, 2016, respectively, using the market and income approaches. Property and equipment Property and equipment are recorded at cost. Expenditures for major additions and betterments are capitalized. Maintenance and repairs are charged to operations as incurred. Depreciation is computed by the straight-line method over the assets estimated useful life of three (3) years for equipment, five (5) years for automobile, and seven (7) years for furniture and fixtures. Upon sale or retirement of property and equipment, the related cost and accumulated depreciation are removed from the accounts and any gain or loss is reflected in statements of operations. Revenue recognition The Company follows paragraph 605-10-S99-1 of the FASB ASC for revenue recognition. The Company will recognize revenue when it is realized or realizable and earned. The Company considers revenue realized or realizable and earned when all of the following criteria are met: (i) persuasive evidence of an arrangement exists, (ii) the product has been shipped or the services have been rendered to the customer, (iii) the sales price is fixed or determinable and (iv) collectability is reasonably assured. In addition, the Company records allowances for accounts receivable that are estimated to not be collected. The primary source of revenue is from the rental of advertising space on custom designed Teardrop Trailers. The length of the rental agreements varies from one to thirty days. Customers pay in advance and revenue is recognized based on the number of days of each contract that have expired. The Company recognized $6,010 of income from the rental of the trailers during the nine months ended September 30, 2016. Net income (loss) per share The Company computes basic and diluted earnings per share amounts pursuant to ASC 260-10-45. Basic earnings per 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, excluding the effects of any potentially dilutive securities. Diluted earnings per share is computed by dividing net income (loss) available to common shareholders by the diluted weighted average number of shares of common stock during the period The diluted weighted average number of common shares outstanding is the basic weighted number of shares adjusted as of the first day of the year for any potentially diluted debt or equity. There were no potentially dilutive shares outstanding as of September 30, 2017 and December 31, 2016, respectively. Subsequent events The Company follows the guidance in ASC 855-10-50 for the disclosure of subsequent events. The Company will evaluate subsequent events through the date when the financial statements were issued. Recently issued accounting pronouncements The Company has implemented all new accounting pronouncements that are in effect. These pronouncements did not have any material impact on the financial statements unless otherwise disclosed, and the Company 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. |
3. Going Concern
3. Going Concern | 9 Months Ended |
Sep. 30, 2017 | |
Organization, Consolidation and Presentation of Financial Statements [Abstract] | |
Going Concern | The Company's consolidated financial statements have been prepared on a going concern basis, which contemplates the realization of assets and satisfaction of liabilities in the normal course of business. The financial statements do not include any adjustment relating to recoverability and classification of recorded amounts of assets and liabilities that might be necessary should the Company be unable to continue as a going concern. The Company has a minimum cash balance available for payment of ongoing operating expenses. Its continued existence is dependent upon its ability to continue to execute its operating plan and to obtain additional debt or equity financing. There can be no assurance the necessary debt or equity financing will be available, or will be available on terms acceptable to the Company. |
4. Line of Credit from Related
4. Line of Credit from Related Party | 9 Months Ended |
Sep. 30, 2017 | |
Debt Disclosure [Abstract] | |
Line of Credit from Related Party | On February 25, 2014, the Company entered into a line of credit with DEVCAP Partners, LLC, a California limited liability company, for an amount up to $450,000 with a maturity date of June 1, 2018, bearing interest of 10% per annum. DEVCAP Partners, LLC is a related party to the Company as it is the majority shareholder of the Company. On July 5, 2017, $142,000 of the balance due was converted into 2,840,000 shares of stock valued at $.05 per share. As of September 30, 2017, and December 31, 2016, the balance of the line of credit was $2,385 and $100,560, respectively. The Company recorded accrued interest of $8,494 and $4,972 on the line of credit at June 30, 2017 and December 31, 2016, respectively. On August 13, 2015, the Company entered into a line of credit with General Pacific Partners, LLC, a California limited liability company, for an amount up to $450,000. The line of credit is a demand loan bearing interest of 10% per annum. General Pacific Partners, LLC is a related party to the Company as it is owned by a majority shareholder of the Company. On July 5, 2017, the entire balance of $25,000 was converted into 500,000 shares of stock valued at $.05 per share. As of September 30, 2017, and December 31, 2016 the balance of the line of credit was $0 and $25,000, respectively. The Company recorded accrued interest of $4,732 and $3,459 at September 30, 2017 and December 31, 2016, respectively. |
5. Other Related Party Transact
5. Other Related Party Transactions | 9 Months Ended |
Sep. 30, 2017 | |
Related Party Transactions [Abstract] | |
Other Related Party Transactions | Line of credit from related party The Company has two line of credit agreements with related parties. The sole owner of DEVCAP Partners, LLC is also the majority shareholder in the Company. General Pacific Partners is owned by the party that owns DEVCAP Partners, LLC. See Note 4 for further disclosure. Consulting expense to related party (DEVCAP Partners, LLC) On January 1, 2014, the Company executed a three-year consulting agreement with DEVCAP Partners, LLC, (“DEVCAP”), whereby the Company agreed to pay $7,500 a month for consulting services to be provided to the Company such as marketing, architectural development, accounting, finance, corporate structure and tax planning. For the three months ended September 30, 2017 and 2016, the Company recorded consulting fee expense to DEVCAP of $22,500. For the nine months ended September 30, 2017 and 2016, the Company recorded consulting fee expense to DEVCAP of $67,500. The amount due but unpaid is $210,000 and $142,500 at September 30, 2017 and December 31, 2016, respectively, and is included in accounts payable- related parties on the balance sheet. Consulting expense to related party (Ray Gerrity) On January 1, 2014, the Company entered into a verbal consulting agreement with its Chief Executive Officer, Ray Gerrity, whereby the Company agreed to pay $2,500 per quarter for consulting services related to his duties as Chief Executive Officer. For the three months ended September 30, 2017 and 2016, the Company recorded consulting fee expense of $2,500. For the nine months ended September 30, 2017 and 2016, the Company recorded consulting fee expense of $7,500. The amount due but unpaid was $27,500 and $20,000 at June 30, 2017 and December 31, 2016, respectively, and was included on the balance sheet as accounts payable - related parties. Consulting expense to related party (Robert Wilson) On January 1, 2014, the Company entered into a verbal consulting agreement with its former Chief Financial Officer, Robert Wilson, whereby the Company agreed to pay $2,500 per quarter for consulting services related to his duties as Chief Financial Officer. He resigned effective April 1, 2017. For the three and nine months ended September 30, 2016, the Company recorded consulting fee expense of $0 and $2,500, respectively. The amount due but unpaid was $17,500 and $15,000 at September 30, 2017 and December 31, 2016, respectively, and was included on the balance sheet as accounts payable - related parties. Related party purchase of asset On February 4, 2017, the Company purchased a 1971 Chevrolet Corvette for use in the business operations. The vehicle was acquired from the majority shareholder in exchange for 160,000 shares of stock valued at $.15 per share, for a total of $24,000. On April 15, 2017, the Company purchased a 1995 Featherlite trailer for use in the business operations. The trailer was purchased from a shareholder in exchange for 300,000 shares valued at $.20 per share, for a total of $60,000. |
6. Stockholders' Equity (Defici
6. Stockholders' Equity (Deficit) | 9 Months Ended |
Sep. 30, 2017 | |
Equity [Abstract] | |
Stockholders' Equity (Deficit) | At the time of incorporation, the Company was authorized to issue 10,000 shares of common stock and 1,000 shares of preferred stock with a par value of $0.001. The Company amended its articles of incorporation to increase its authorized shares to 100,000,000 shares of common stock and 20,000,000 shares of preferred stock, both $0.001 par value. |
7. Subsequent Events
7. Subsequent Events | 9 Months Ended |
Sep. 30, 2017 | |
Subsequent Events [Abstract] | |
Subsequent Events | Management has evaluated subsequent events pursuant to the requirements of ASC Topic 855 and has determined that no material subsequent events exist. |
2. Summary of Significant Acc13
2. Summary of Significant Accounting Policies (Policies) | 9 Months Ended |
Sep. 30, 2017 | |
Accounting Policies [Abstract] | |
Basis of presentation | Basis of presentation The Company’s financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”). |
Interim Financial Statements | Interim Financial Statements The accompanying financial statements have been prepared in accordance with generally accepted accounting principles for interim financial information and with the instructions to Form 10-Q and Article 8 of Regulation S-X. Accordingly, they do not include all of the information and footnotes required by generally accepted accounting principles for complete financial statements. In our opinion the financial statements include all adjustments (consisting of normal recurring accruals) necessary in order to make the financial statements not misleading. Operating results for the nine months ended September 30, 2017 are not necessarily indicative of the final results that may be expected for the year ended December 31, 2017. For more complete financial information, these unaudited financial statements should be read in conjunction with the audited financial statements for the year ended December 31, 2016 filed with the SEC. |
Use of estimates | Use of estimates The preparation of financial statements in conformity with U.S. GAAP 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 revenues and expenses during the reporting period. Accordingly, actual results could differ from those estimates. Such estimates include management’s assessments of the carrying value of certain assets, useful lives of assets, and related depreciation and amortization methods applied. |
Cash equivalents | Cash equivalents The Company considers all highly liquid investments with an original maturity of three months or less when purchased to be cash equivalents. |
Fair value of financial instruments | Fair value of financial instruments The Company adopted the provisions of FASB Accounting Standards Codification (“ASC”) 820 (the “Fair Value Topic”) which defines fair value, establishes a framework for measuring fair value under U.S. GAAP, and expands disclosures about fair value measurements. The Fair Value Topic defines fair value as the exchange price that would be received for an asset or paid to transfer a liability (an exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants on the measurement date. It requires that valuation techniques maximize the use of observable inputs and minimize the use of unobservable inputs. It also establishes a fair value hierarchy, which prioritizes the valuation inputs into three broad levels. The carrying amount of the Company’s financial assets and liabilities, such as cash, accounts payable, accrued expenses, and deferred revenue approximate their fair value because of the short-term maturity of those instruments. The Company’s note payable approximates the fair value of such instruments based upon management’s best estimate of interest rates that would be available to the Company for similar financial arrangements at September 30, 2017 and December 31, 2016. The Company had no assets or liabilities measured at fair value on a recurring basis for as of September 30, 2017 and December 31, 2016, respectively, using the market and income approaches. |
Property and equipment | Property and equipment Property and equipment are recorded at cost. Expenditures for major additions and betterments are capitalized. Maintenance and repairs are charged to operations as incurred. Depreciation is computed by the straight-line method over the assets estimated useful life of three (3) years for equipment, five (5) years for automobile, and seven (7) years for furniture and fixtures. Upon sale or retirement of property and equipment, the related cost and accumulated depreciation are removed from the accounts and any gain or loss is reflected in statements of operations. |
Revenue recognition | Revenue recognition The Company follows paragraph 605-10-S99-1 of the FASB ASC for revenue recognition. The Company will recognize revenue when it is realized or realizable and earned. The Company considers revenue realized or realizable and earned when all of the following criteria are met: (i) persuasive evidence of an arrangement exists, (ii) the product has been shipped or the services have been rendered to the customer, (iii) the sales price is fixed or determinable and (iv) collectability is reasonably assured. In addition, the Company records allowances for accounts receivable that are estimated to not be collected. The primary source of revenue is from the rental of advertising space on custom designed Teardrop Trailers. The length of the rental agreements varies from one to thirty days. Customers pay in advance and revenue is recognized based on the number of days of each contract that have expired. The Company recognized $6,010 of income from the rental of the trailers during the nine months ended September 30, 2016. |
Net income (loss) per share | Net income (loss) per share The Company computes basic and diluted earnings per share amounts pursuant to ASC 260-10-45. Basic earnings per share is computed by dividing net income (loss) available to common shareholders, by the weighted average number of shares of common stock outstanding during the period, excluding the effects of any potentially dilutive securities. Diluted earnings per share is computed by dividing net income (loss) available to common shareholders by the diluted weighted average number of shares of common stock during the period The diluted weighted average number of common shares outstanding is the basic weighted number of shares adjusted as of the first day of the year for any potentially diluted debt or equity. There were no potentially dilutive shares outstanding as of September 30, 2017 and December 31, 2016, respectively. |
Subsequent events | Subsequent events The Company follows the guidance in ASC 855-10-50 for the disclosure of subsequent events. The Company will evaluate subsequent events through the date when the financial statements were issued. |
Recently issued accounting pronouncements | Recently issued accounting pronouncements The Company has implemented all new accounting pronouncements that are in effect. These pronouncements did not have any material impact on the financial statements unless otherwise disclosed, and the Company does not believe that there are any other new accounting pronouncements that have been issued that might have a material impact on its financial position or results of operations. |
2. Summary of Significant Acc14
2. Summary of Significant Accounting Policies (Details Narrative) - USD ($) | 3 Months Ended | 9 Months Ended | 12 Months Ended |
Sep. 30, 2016 | Sep. 30, 2017 | Dec. 31, 2016 | |
Fair value of assets/liabilities | $ 0 | $ 0 | |
Rental income | $ 6,010 | ||
Potentially dilutive shares outstanding | 0 | 0 | |
Equipment [Member] | |||
Property and equipment estimated useful lives | P3Y | ||
Automobiles [Member] | |||
Property and equipment estimated useful lives | P5Y | ||
Furniture and Fixtures [Member] | |||
Property and equipment estimated useful lives | P7Y |
4. Line of Credit from Relate15
4. Line of Credit from Related Party (Details Narrative) - USD ($) | 9 Months Ended | |
Sep. 30, 2017 | Dec. 31, 2016 | |
Credit line balance | $ 2,385 | $ 125,560 |
Accrued interest | $ 123,050 | 89,300 |
DEVCAP Partners, LLC [Member] | ||
Debt issuance date | Feb. 25, 2014 | |
Line of credit maximum borrowing capacity | $ 450,000 | |
Maturity date | Jun. 1, 2018 | |
Interest rate | 10.00% | |
Debt converted, shares issued | 2,840,000 | |
Debt converted, amount converted | $ 142,000 | |
Credit line balance | 2,385 | 100,560 |
Accrued interest | $ 8,494 | 4,972 |
General Pacific Partners, LLC [Member] | ||
Debt issuance date | Aug. 13, 2015 | |
Line of credit maximum borrowing capacity | $ 450,000 | |
Interest rate | 10.00% | |
Debt converted, shares issued | 500,000 | |
Debt converted, amount converted | $ 25,000 | |
Credit line balance | 0 | 25,000 |
Accrued interest | $ 4,732 | $ 3,459 |
5. Other Related Party Transa16
5. Other Related Party Transactions (Details Narrative) - USD ($) | 3 Months Ended | 9 Months Ended | |||
Sep. 30, 2017 | Sep. 30, 2016 | Sep. 30, 2017 | Sep. 30, 2016 | Dec. 31, 2016 | |
Consulting fees to related party | $ 25,000 | $ 27,500 | $ 77,500 | $ 83,000 | |
Stock issued for asset purchase, value | 84,000 | 0 | |||
DEVCAP Partners, LLC [Member] | |||||
Consulting fees to related party | 22,500 | 22,500 | 67,500 | 67,500 | |
Due to related party | 210,000 | 210,000 | $ 142,500 | ||
Gerrity [Member] | |||||
Consulting fees to related party | 2,500 | 2,500 | 7,500 | 7,500 | |
Due to related party | 27,500 | 27,500 | 20,000 | ||
Wilson [Member] | |||||
Consulting fees to related party | $ 0 | $ 2,500 | |||
Due to related party | 17,500 | 17,500 | $ 15,000 | ||
Accrued consulting fees | $ 2,500 | $ 2,500 | |||
Majority Shareholder [Member] | |||||
Stock issued for asset purchase, shares issued | 160,000 | ||||
Stock issued for asset purchase, value | $ 24,000 | ||||
Shareholder [Member] | |||||
Stock issued for asset purchase, shares issued | 300,000 | ||||
Stock issued for asset purchase, value | $ 60,000 |
6. Stockholders' Equity (Defi17
6. Stockholders' Equity (Deficit) (Details Narrative) - $ / shares | Sep. 30, 2017 | Dec. 31, 2016 |
Equity [Abstract] | ||
Common stock, shares authorized | 100,000,000 | 100,000,000 |
Common stock, par value | $ 0.001 | $ .001 |
Preferred stock, shares authorized | 20,000,000 | 20,000,000 |
Preferred stock, par value | $ 0.001 | $ .001 |