Document and Entity Information
Document and Entity Information - USD ($) | 12 Months Ended | |
May 31, 2016 | Aug. 26, 2016 | |
Document And Entity Information | ||
Entity Registrant Name | FUTURE WORLD GROUP, INC. | |
Entity Central Index Key | 1,616,156 | |
Document Type | 10-K | |
Document Period End Date | May 31, 2016 | |
Amendment Flag | false | |
Current Fiscal Year End Date | --05-31 | |
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 | 8,130,000 | |
Document Fiscal Period Focus | FY | |
Document Fiscal Year Focus | 2,016 |
BALANCE SHEETS
BALANCE SHEETS - USD ($) | May 31, 2016 | May 31, 2015 |
Current Assets | ||
Cash | $ 46,755 | $ 22 |
Total current assets | 46,755 | 22 |
Total Assets | 46,755 | 22 |
Current Liabilities | ||
Accounts payable | 468 | |
Due to a related party | 124,653 | |
Total Liabilities | 124,653 | 468 |
Stockholders' Equity: | ||
Common stock, par value $0.001; 75,000,000 shares authorized, 8,130,000 and 8,130,000 shares issued and outstanding; respectively | 8,130 | 8,130 |
Additional paid in capital | 27,661 | 27,661 |
Accumulated deficit | (113,689) | (36,237) |
Total Stockholders' Equity (Deficit) | (77,898) | (446) |
Total Liabilities and Stockholders' Equity (Deficit) | $ 46,755 | $ 22 |
BALANCE SHEETS (Parenthetical)
BALANCE SHEETS (Parenthetical) - $ / shares | May 31, 2016 | May 31, 2015 | Apr. 26, 2015 |
Statement of Financial Position [Abstract] | |||
Common stock, par value | $ 0.001 | $ 0.001 | |
Common stock, shares authorized | 75,000,000 | 75,000,000 | |
Common stock, shares issued | 8,130,000 | 8,130,000 | 8,130,000 |
Common stock, shares outstanding | 8,130,000 | 8,130,000 | 8,130,000 |
STATEMENTS OF OPERATIONS
STATEMENTS OF OPERATIONS - USD ($) | 12 Months Ended | |
May 31, 2016 | May 31, 2015 | |
Income Statement [Abstract] | ||
Revenue | ||
Operating Expenses: | ||
General and administrative | 2,425 | 18,547 |
Professional fees | 75,027 | 17,554 |
Total operating expenses | 77,452 | 36,101 |
Loss from operations | (77,452) | (36,101) |
Provision for Income Taxes | ||
Net Loss | $ (77,452) | $ (36,101) |
Net loss per share - basic | $ (0.01) | $ 0 |
Weighted average shares outstanding, basic & diluted | 8,130,000 | 7,278,082 |
STATEMENT OF STOCKHOLDERS' EQUI
STATEMENT OF STOCKHOLDERS' EQUITY (DEFICIT) - USD ($) | Common Stock [Member] | Additional Paid In Capital [Member] | Accumulated Deficit [Member] | Total |
Beginning balance at May. 31, 2014 | $ 6,000 | $ (136) | $ (136) | |
Beginning balance, shares at May. 31, 2014 | 6,000,000 | |||
Common stock issued for cash | $ 2,130 | 18,358 | 20,488 | |
Common stock issued for cash, shares | 2,130,000 | |||
Change of control | 9,303 | 9,303 | ||
Net loss | (36,101) | (36,101) | ||
Ending balance at May. 31, 2015 | $ 8,130 | 27,661 | (36,237) | $ (446) |
Ending balance, shares at May. 31, 2015 | 8,130,000 | 8,130,000 | ||
Net loss | (77,452) | $ (77,452) | ||
Ending balance at May. 31, 2016 | $ 8,130 | $ 27,661 | $ (113,689) | $ (77,898) |
Ending balance, shares at May. 31, 2016 | 8,130,000 | 8,130,000 |
STATEMENT OF CASH FLOWS
STATEMENT OF CASH FLOWS - USD ($) | 12 Months Ended | |
May 31, 2016 | May 31, 2015 | |
Cash flows from operating activities: | ||
Net loss | $ (77,452) | $ (36,101) |
Changes in assets and liabilities: | ||
Accounts payable | (468) | 468 |
Cash flows used in operating activities | (77,920) | (35,633) |
Cash flows from financing activities: | ||
Proceeds from sale of common stock | 20,488 | |
Loans from a director | 124,653 | 11,672 |
Cash flows provided by financing activities | 124,653 | 32,160 |
Net increase (decrease) in cash | 46,733 | (3,473) |
Cash, beginning of year | 22 | 3,495 |
Cash, end of year | 46,755 | 22 |
Supplemental cash flow information: | ||
Interest paid | ||
Income taxes paid | ||
Supplemental disclosure of non-cash activities | ||
Forgiveness of related party debt | 15,304 | |
Fixed asset retained in change of control | $ 6,000 |
ORGANIZATION AND NATURE OF BUSI
ORGANIZATION AND NATURE OF BUSINESS | 12 Months Ended |
May 31, 2016 | |
Organization, Consolidation and Presentation of Financial Statements [Abstract] | |
ORGANIZATION AND NATURE OF BUSINESS | NOTE 1 ORGANIZATION AND NATURE OF BUSINESS Future World Group, Inc. was incorporated As new management has yet to cause the Company to acquire any assets or a business; we are deemed to be a shell company, as that term is defined pursuant to Rule 12b-2 under the Securities Exchange Act of 1934. |
GOING CONCERN
GOING CONCERN | 12 Months Ended |
May 31, 2016 | |
Going Concern | |
GOING CONCERN | NOTE 2 GOING CONCERN The accompanying financial statements have been prepared in conformity with generally accepted accounting principles, which contemplate continuation of the Company as a going concern. However, the Company has no revenues to date and an accumulated deficit of $113,689. The Company currently has limited working capital, and has not completed its efforts to establish a stabilized source of revenues sufficient to cover operating costs over an extended period of time. Management anticipates that the Company will be dependent, for the near future, on additional investment capital to fund operating expenses The Company intends to position itself so that it may be able to raise additional funds through the capital markets. In light of managements efforts, there are no assurances that the Company will be successful in this or any of its endeavors or become financially viable and continue as a going concern. |
SUMMARY OF SIGNIFCANT ACCOUNTIN
SUMMARY OF SIGNIFCANT ACCOUNTING POLICIES | 12 Months Ended |
May 31, 2016 | |
Accounting Policies [Abstract] | |
SUMMARY OF SIGNIFCANT ACCOUNTING POLICIES | NOTE 3 SUMMARY OF SIGNIFCANT ACCOUNTING POLICIES Basis of presentation The Companys financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (U.S. GAAP).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 revenues and expenses during the reporting period. Actual results could differ from those estimates. 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 disclosure of contingent assets and liabilities at the date the financial statements and the reported amount of revenues and expenses during the reporting period. Actual results could differ from those estimates. Reclassifications Certain reclassifications have been made to the prior year financial information to conform to the presentation used in the financial statements for the year ended May 31, 2016. Concentrations of Credit Risk We maintain our cash in bank deposit accounts, the balances of which at times may exceed federally insured limits. We continually monitor our banking relationships and consequently have not experienced any losses in our accounts. We believe we are not exposed to any significant credit risk on cash. Cash Equivalents The Company considers all highly liquid investments with the original maturities of three months or less to be cash equivalents. There were no cash equivalents as of May 31, 2016 and 2015. Fair Value of Financial Instruments The Companys financial instruments consist of cash and cash equivalents and amounts due to shareholder. The carrying amount of these financial instruments approximates fair value due either to length of maturity or interest rates that approximate prevailing market rates unless otherwise disclosed in these financial statements. ASC Topic 820, Fair Value Measurements and Disclosures, requires disclosure of the fair value of financial instruments held by the Company. ASC Topic 825, Financial Instruments, defines fair value, and establishes a three-level valuation hierarchy for disclosures of fair value measurement that enhances disclosure requirements for fair value measures. The carrying amounts reported in the balance sheets for receivables and current liabilities each qualify as financial instruments and are a reasonable estimate of their fair values because of the short period of time between the origination of such instruments and their expected realization and their current market rate of interest. The three levels of valuation hierarchy are defined as follows: · Level 1. Observable inputs such as quoted prices in active markets; · Level 2. Inputs, other than the quoted prices in active markets, that are observable either directly or indirectly; · Level 3. Unobservable inputs in which there is little or no market data, which require the reporting entity to develop its own assumptions. Income Taxes The Company follows Section 740-10-30 of the FASB Accounting Standards Codification, which requires recognition of deferred tax assets and liabilities for the expected future tax consequences of events that have been included in the financial statements or tax returns. Under this method, deferred tax assets and liabilities are based on the differences between the financial statement and tax bases of assets and liabilities using enacted tax rates in effect for the fiscal year in which the differences are expected to reverse. Deferred tax assets are reduced by a valuation allowance to the extent management concludes it is more likely than not that the assets will not be realized. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the fiscal years in which those temporary differences are expected to be recovered or settled. The effect on deferred tax assets and liabilities of a change in tax rates is recognized in the Statements of Income and Comprehensive Income in the period that includes the enactment date. The Company adopted section 740-10-25 of the FASB Accounting Standards Codification (Section 740-10-25) with regards to uncertainty income taxes. Section 740-10-25 addresses the determination of whether tax benefits claimed or expected to be claimed on a tax return should be recorded in the financial statements. Under Section 740-10-25, the Company may recognize the tax benefit from an uncertain tax position only if it is more likely than not that the tax position will be sustained on examination by the taxing authorities, based on the technical merits of the position. The tax benefits recognized in the financial statements from such a position should be measured based on the largest benefit that has a greater than fifty percent (50%) likelihood of being realized upon ultimate settlement. Section 740-10-25 also provides guidance on de-recognition, classification, interest and penalties on income taxes, accounting in interim periods and requires increased disclosures. The Company had no material adjustments to its liabilities for unrecognized income tax benefits according to the provisions of Section 740-10-25. Stock-Based Compensation We account for equity-based transactions with nonemployees under the provisions of ASC Topic No. 505-50, Equity-Based Payments to Non-Employees We account for employee stock-based compensation in accordance with the guidance of FASB ASC Topic 718, CompensationStock Compensation, Basic Income (Loss) Per Share Net income (loss) per common share is computed pursuant to section 260-10-45 of the FASB Accounting Standards Codification. Basic net income (loss) per common share is computed by dividing net income (loss) by the weighted average number of shares of common stock outstanding during the period. Diluted net income (loss) per common share is computed by dividing net income (loss) by the weighted average number of shares of common stock and potentially outstanding shares of common stock during the period. The weighted average number of common shares outstanding and potentially outstanding common shares assumes that the Company incorporated as of the beginning of the first period presented. As of May 31, 2016 and 2015 there were no potentially dilutive shares. Recent Accounting Pronouncements In November 2015, the FASB issued ASU No. 2015-17, Balance Sheet Classification of Deferred Taxes In March 2016, the FASB issued ASU 2016-09, Improvements to Employee Share Based Payment Accounting, to simplify several aspects of the accounting for share-based payment transactions, including the income tax consequences, classification of awards as either equity or liabilities, and classification on the statement of cash flows. The guidance will be effective for annual periods beginning after December 15, 2016 and interim periods within those annual periods. Early adoption is permitted, including adoption in an interim period. The Company is currently evaluating the impact of the adoption of this newly issued guidance to its consolidated financial statements. 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 our financial position or results of operations. |
PROPERTY AND EQUIPMENT
PROPERTY AND EQUIPMENT | 12 Months Ended |
May 31, 2016 | |
Property, Plant and Equipment [Abstract] | |
PROPERTY AND EQUIPMENT | NOTE 4 PROPERTY AND EQUIPMENT During the year ended May 31, 2014, the Company purchased a candle making machine that was never placed in service. In conjunction with the Stock Purchase Agreement dated April 26, 2015, the property was maintained by the seller. As this was not considered a disposal of an asset no expense was recognized. The $6,000 purchase price of the asset was debited to additional paid in capital. |
RELATED PARTY LOANS
RELATED PARTY LOANS | 12 Months Ended |
May 31, 2016 | |
Debt Disclosure [Abstract] | |
RELATED PARTY LOANS | NOTE 5 RELATED PARTY LOANS In the prior year a former Director loaned the Company a total of $15,304. All funds were used for general operating purposes. The loans were unsecured, non-interest bearing and due on demand. On May 11, 2015, in conjunction with the Stock Purchase Agreement the balance due of $15,304 was forgiven by the seller and credited to additional paid in capital. During the year ended May 31, 2016, the CEO loaned the Company a total of $53,913. All funds were used for professional fees and other general operating purposes. The loans are unsecured, non-interest bearing and due on demand. During the year ended February 29, 2016, another company owned by the CEO loaned the Company a total of $70,740. Some of the funds were used for professional fees and other general operating purposes. The loans are unsecured, non-interest bearing and due on demand. All funds were used for general operating purposes. The loans are unsecured, non-interest bearing and due on demand. On May 11, 2015, in conjunction with the Stock Purchase Agreement the balance due of $15,304 was forgiven by the seller and credited to additional paid in capital. |
COMMON STOCK
COMMON STOCK | 12 Months Ended |
May 31, 2016 | |
Equity [Abstract] | |
COMMON STOCK | NOTE 6 COMMON STOCK The Company has 75,000,000, $0.001 par value shares of common stock authorized. During the period from June 2014 to February, 2015, the Company issued 2,130,000 shares of common stock for net cash proceeds of $20,488 at $0.01 per share. There were 8,130,000 shares of common stock issued and outstanding as of May 31, 2016. |
INCOME TAXES
INCOME TAXES | 12 Months Ended |
May 31, 2016 | |
Income Tax Disclosure [Abstract] | |
INCOME TAXES | NOTE 7 INCOME TAXES Deferred taxes are provided on a liability method whereby deferred tax assets are recognized for deductible temporary differences and operating loss and tax credit carry forwards and deferred tax liabilities are recognized for taxable temporary differences. Temporary differences are the differences between the reported amounts of assets and liabilities and their tax bases. 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. The provision for Federal income tax consists of the following at May 31: 2016 2015 Federal income tax benefit attributable to: Current Operations $ 26,334 $ 12,274 Less: valuation allowance (26,334 ) (12,274 ) Net provision for Federal income taxes $ $ The cumulative tax effect at the expected rate of 34% of significant items comprising our net deferred tax amount is as follows at May 31: 2016 2015 Deferred tax asset attributable to: Net operating loss carryover $ 38,654 $ 12,321 Less: valuation allowance (38,654 ) (12,321 ) Net deferred tax asset $ $ At May 31, 2016, the Company had net operating loss carry forwards of approximately $114,000 that may be offset against future taxable income from the year 2017 to 2036. No tax benefit has been reported in the May 31, 2016 financial statements since the potential tax benefit is offset by a valuation allowance of the same amount. Due to the change in ownership provisions of the Tax Reform Act of 1986, net operating loss carry forwards for Federal Income tax reporting purposes are subject to annual limitations. Should a change in ownership occur net operating loss carry forwards may be limited as to use in future years. |
SUBSEQUENT EVENTS
SUBSEQUENT EVENTS | 12 Months Ended |
May 31, 2016 | |
Subsequent Events [Abstract] | |
SUBSEQUENT EVENTS | NOTE 8 SUBSEQUENT EVENTS In accordance with SFAS 165 (ASC 855-10) management has performed an evaluation of subsequent events through the date that the financial statements were available to be issued, August 26, 2016 and through the date of the filing, and has determined that it does not have any material subsequent events to disclose in these financial statements other than the following. On each of August 1, 2016 and August 3, 2016, Sky Rover Holdings, Ltd., a California corporation (Sky Rover) which is 100% owned by Lei Pei, the CEO and principal shareholder, loaned $500,000 to the Company (total of $1,000,000). Sky Rover was issued an unsecured, 5%, convertible promissory note which is due on August 1, 2019, and is convertible into the common shares at any time before the due date, at a conversion price of $.04 per share (subject to adjustment in the event of stock splits, forward splits, recapitalizations, a merger, etc.). |
SUMMARY OF SIGNIFCANT ACCOUNT15
SUMMARY OF SIGNIFCANT ACCOUNTING POLICIES (Policies) | 12 Months Ended |
May 31, 2016 | |
Accounting Policies [Abstract] | |
Basis of presentation | Basis of presentation The Companys financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (U.S. GAAP).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 revenues and expenses during the reporting period. Actual results could differ from those estimates. |
Use of Estimates | 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 disclosure of contingent assets and liabilities at the date the financial statements and the reported amount of revenues and expenses during the reporting period. Actual results could differ from those estimates. |
Reclassifications | Reclassifications Certain reclassifications have been made to the prior year financial information to conform to the presentation used in the financial statements for the year ended May 31, 2016. |
Concentrations of Credit Risk | Concentrations of Credit Risk We maintain our cash in bank deposit accounts, the balances of which at times may exceed federally insured limits. We continually monitor our banking relationships and consequently have not experienced any losses in our accounts. We believe we are not exposed to any significant credit risk on cash. |
Cash Equivalents | Cash Equivalents The Company considers all highly liquid investments with the original maturities of three months or less to be cash equivalents. There were no cash equivalents as of May 31, 2016 and 2015. |
Fair Value of Financial Instruments | Fair Value of Financial Instruments The Companys financial instruments consist of cash and cash equivalents and amounts due to shareholder. The carrying amount of these financial instruments approximates fair value due either to length of maturity or interest rates that approximate prevailing market rates unless otherwise disclosed in these financial statements. ASC Topic 820, Fair Value Measurements and Disclosures, requires disclosure of the fair value of financial instruments held by the Company. ASC Topic 825, Financial Instruments, defines fair value, and establishes a three-level valuation hierarchy for disclosures of fair value measurement that enhances disclosure requirements for fair value measures. The carrying amounts reported in the balance sheets for receivables and current liabilities each qualify as financial instruments and are a reasonable estimate of their fair values because of the short period of time between the origination of such instruments and their expected realization and their current market rate of interest. The three levels of valuation hierarchy are defined as follows: · Level 1. Observable inputs such as quoted prices in active markets; · Level 2. Inputs, other than the quoted prices in active markets, that are observable either directly or indirectly; · Level 3. Unobservable inputs in which there is little or no market data, which require the reporting entity to develop its own assumptions. |
Income Taxes | Income Taxes The Company follows Section 740-10-30 of the FASB Accounting Standards Codification, which requires recognition of deferred tax assets and liabilities for the expected future tax consequences of events that have been included in the financial statements or tax returns. Under this method, deferred tax assets and liabilities are based on the differences between the financial statement and tax bases of assets and liabilities using enacted tax rates in effect for the fiscal year in which the differences are expected to reverse. Deferred tax assets are reduced by a valuation allowance to the extent management concludes it is more likely than not that the assets will not be realized. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the fiscal years in which those temporary differences are expected to be recovered or settled. The effect on deferred tax assets and liabilities of a change in tax rates is recognized in the Statements of Income and Comprehensive Income in the period that includes the enactment date. The Company adopted section 740-10-25 of the FASB Accounting Standards Codification (Section 740-10-25) with regards to uncertainty income taxes. Section 740-10-25 addresses the determination of whether tax benefits claimed or expected to be claimed on a tax return should be recorded in the financial statements. Under Section 740-10-25, the Company may recognize the tax benefit from an uncertain tax position only if it is more likely than not that the tax position will be sustained on examination by the taxing authorities, based on the technical merits of the position. The tax benefits recognized in the financial statements from such a position should be measured based on the largest benefit that has a greater than fifty percent (50%) likelihood of being realized upon ultimate settlement. Section 740-10-25 also provides guidance on de-recognition, classification, interest and penalties on income taxes, accounting in interim periods and requires increased disclosures. The Company had no material adjustments to its liabilities for unrecognized income tax benefits according to the provisions of Section 740-10-25. |
Stock-Based Compensation | Stock-Based Compensation We account for equity-based transactions with nonemployees under the provisions of ASC Topic No. 505-50, Equity-Based Payments to Non-Employees We account for employee stock-based compensation in accordance with the guidance of FASB ASC Topic 718, CompensationStock Compensation, |
Basic Income (Loss) Per Share | Basic Income (Loss) Per Share Net income (loss) per common share is computed pursuant to section 260-10-45 of the FASB Accounting Standards Codification. Basic net income (loss) per common share is computed by dividing net income (loss) by the weighted average number of shares of common stock outstanding during the period. Diluted net income (loss) per common share is computed by dividing net income (loss) by the weighted average number of shares of common stock and potentially outstanding shares of common stock during the period. The weighted average number of common shares outstanding and potentially outstanding common shares assumes that the Company incorporated as of the beginning of the first period presented. As of May 31, 2016 and 2015 there were no potentially dilutive shares. |
Recent Accounting Pronouncements | Recent Accounting Pronouncements In November 2015, the FASB issued ASU No. 2015-17, Balance Sheet Classification of Deferred Taxes In March 2016, the FASB issued ASU 2016-09, Improvements to Employee Share Based Payment Accounting, to simplify several aspects of the accounting for share-based payment transactions, including the income tax consequences, classification of awards as either equity or liabilities, and classification on the statement of cash flows. The guidance will be effective for annual periods beginning after December 15, 2016 and interim periods within those annual periods. Early adoption is permitted, including adoption in an interim period. The Company is currently evaluating the impact of the adoption of this newly issued guidance to its consolidated financial statements. 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 our financial position or results of operations. |
INCOME TAXES (Tables)
INCOME TAXES (Tables) | 12 Months Ended |
May 31, 2016 | |
Income Tax Disclosure [Abstract] | |
Schedule of Provision for Federal Income Tax | The provision for Federal income tax consists of the following at May 31: 2016 2015 Federal income tax benefit attributable to: Current Operations $ 26,334 $ 12,274 Less: valuation allowance (26,334 ) (12,274 ) Net provision for Federal income taxes $ $ |
Schedule of Net Deferred Tax Assets | The cumulative tax effect at the expected rate of 34% of significant items comprising our net deferred tax amount is as follows at May 31: 2016 2015 Deferred tax asset attributable to: Net operating loss carryover $ 38,654 $ 12,321 Less: valuation allowance (38,654 ) (12,321 ) Net deferred tax asset $ $ |
ORGANIZATION AND NATURE OF BU17
ORGANIZATION AND NATURE OF BUSINESS (Details) - USD ($) | 1 Months Ended | 12 Months Ended | ||
Apr. 30, 2015 | May 31, 2016 | May 31, 2015 | Apr. 26, 2015 | |
Organization, Consolidation and Presentation of Financial Statements [Abstract] | ||||
Number of common shares sold through stock purchase agreement | 6,000,000 | |||
Percentage of issued and outstanding stock sold through stock purchase agreement | 73.80% | |||
Common stock, shares issued | 8,130,000 | 8,130,000 | 8,130,000 | |
Common stock, shares outstanding | 8,130,000 | 8,130,000 | 8,130,000 | |
Proceeds from issuance of common stock | $ 340,000 | $ 20,488 |
GOING CONCERN (Details)
GOING CONCERN (Details) - USD ($) | May 31, 2016 | May 31, 2015 |
Going Concern | ||
Accumulated deficit | $ 113,689 | $ 36,237 |
SUMMARY OF SIGNIFCANT ACCOUNT19
SUMMARY OF SIGNIFCANT ACCOUNTING POLICIES (Details) - USD ($) | 12 Months Ended | |
May 31, 2016 | May 31, 2015 | |
Accounting Policies [Abstract] | ||
Cash equivalents | ||
Potentially dilutive shares | 0 | 0 |
PROPERTY AND EQUIPMENT (Details
PROPERTY AND EQUIPMENT (Details) | Apr. 26, 2015USD ($) |
Property, Plant and Equipment [Abstract] | |
Value of unused equipment returned to seller | $ 6,000 |
RELATED PARTY LOANS (Details)
RELATED PARTY LOANS (Details) - USD ($) | 1 Months Ended | 12 Months Ended | ||
May 31, 2015 | May 31, 2016 | Feb. 29, 2016 | May 31, 2015 | |
Related Party Transaction [Line Items] | ||||
Proceeds from loans made by related party | $ 124,653 | $ 11,672 | ||
Forgiveness of related party debt | 15,304 | |||
Director [Member] | ||||
Related Party Transaction [Line Items] | ||||
Proceeds from loans made by related party | $ 15,304 | |||
Forgiveness of related party debt | $ 15,304 | |||
CEO [Member] | ||||
Related Party Transaction [Line Items] | ||||
Proceeds from loans made by related party | $ 53,913 | |||
Company Owned by CEO [Member] | CEO [Member] | ||||
Related Party Transaction [Line Items] | ||||
Proceeds from loans made by related party | $ 70,740 |
COMMON STOCK (Details)
COMMON STOCK (Details) - USD ($) | 1 Months Ended | 9 Months Ended | 12 Months Ended | ||
Apr. 30, 2015 | Feb. 28, 2015 | May 31, 2016 | May 31, 2015 | Apr. 26, 2015 | |
Class of Stock [Line Items] | |||||
Common stock, par value | $ 0.001 | $ 0.001 | |||
Common stock, shares authorized | 75,000,000 | 75,000,000 | |||
Common stock, shares issued | 8,130,000 | 8,130,000 | 8,130,000 | ||
Common stock, shares outstanding | 8,130,000 | 8,130,000 | 8,130,000 | ||
Proceeds from issuance of common stock | $ 340,000 | $ 20,488 | |||
Common Stock [Member] | |||||
Class of Stock [Line Items] | |||||
Stock issued during period, shares | 2,130,000 | ||||
Proceeds from issuance of common stock | $ 20,488 | ||||
Stock issued, price per share | $ 0.01 |
INCOME TAXES (Narrative) (Detai
INCOME TAXES (Narrative) (Details) | 12 Months Ended |
May 31, 2016USD ($) | |
Operating Loss Carryforwards [Line Items] | |
Net operating loss carry forwards | $ 114,000 |
Expected tax rate | 34.00% |
Minimum [Member] | |
Operating Loss Carryforwards [Line Items] | |
Net operating loss carry forwards, expiration date | Dec. 31, 2017 |
Maximum [Member] | |
Operating Loss Carryforwards [Line Items] | |
Net operating loss carry forwards, expiration date | Dec. 31, 2036 |
INCOME TAXES (Schedule of Provi
INCOME TAXES (Schedule of Provision for Federal Income Tax) (Details) - USD ($) | 12 Months Ended | |
May 31, 2016 | May 31, 2015 | |
Federal income tax benefit attributable to: | ||
Current Operations | $ 26,334 | $ 12,274 |
Less: valuation allowance | (26,334) | (12,274) |
Net provision for Federal income taxes |
INCOME TAXES (Schedule of Net D
INCOME TAXES (Schedule of Net Deferred Tax Assets) (Details) - USD ($) | May 31, 2016 | May 31, 2015 |
Deferred tax asset attributable to: | ||
Net operating loss carryover | $ 38,654 | $ 12,321 |
Less: valuation allowance | (38,654) | (12,321) |
Net deferred tax asset |
SUBSEQUENT EVENTS (Details)
SUBSEQUENT EVENTS (Details) - Subsequent Event [Member] - CEO [Member] - Convertible Promissory Note [Member] | Aug. 03, 2016USD ($)$ / shares |
Subsequent Event [Line Items] | |
Debt amount | $ | $ 1,000,000 |
Debt interest rate | 5.00% |
Debt maturity date | Aug. 1, 2019 |
Debt conversion price | $ / shares | $ .04 |