| Document and Entity Information | 2 Months Ended | |
| Mar. 31, 2015 | 15-May-15 | |
| Document And Entity Information | ||
| Entity Registrant Name | Vortronnix Technologies, Inc. | |
| Entity Central Index Key | 1632276 | |
| Document Type | 10-Q | |
| Document Period End Date | 31-Mar-15 | |
| Amendment Flag | FALSE | |
| Current Fiscal Year End Date | -19 | |
| Is Entity a Well-known Seasoned Issuer? | No | |
| Is Entity a Voluntary Filer? | No | |
| Is Entity's Reporting Status Current? | No | |
| Entity Filer Category | Smaller Reporting Company | |
| Entity Common Stock, Shares Outstanding | 10,000,000 | |
| Document Fiscal Period Focus | Q1 | |
| Document Fiscal Year Focus | 2015 |
| Balance Sheets (USD $) | Mar. 31, 2015 |
| Current assets: | |
| Cash | |
| Total assets | |
| Current liabilities | |
| Accounts payable and accrued liabilities | 1,037 |
| Total current liabilities | 1,037 |
| Stockholders' deficit: | |
| Preferred Stock | |
| Common Stock | 1,000 |
| Additional paid-in capital | 1,000 |
| Accumulated Deficit | -3,037 |
| Total stockholders' deficit | -1,367 |
| Total liabilities and stockholders' deficit |
| Balance Sheets (Parenthetical) (USD $) | Mar. 31, 2015 |
| Statement of Financial Position [Abstract] | |
| Common stock, par value | $0.00 |
| Common stock, shares authorized | 100,000,000 |
| Common stock, shares issued | 10,000,000 |
| Common stock, shares outstanding | 10,000,000 |
| Preferred stock, par value | $0.00 |
| Preferred stock, shares authorized | 5,000,000 |
| Preferred stock, issued | 0 |
| Preferred stock, outstanding | 0 |
| Statements of Operations (USD $) | 2 Months Ended |
| Mar. 31, 2015 | |
| Income Statement [Abstract] | |
| Revenue | |
| Operating expenses: | |
| General and administrative | 3,037 |
| Total operating expenses | 3,037 |
| Net loss | ($3,037) |
| Basic loss per common share | $0 |
| Basic weighted average common shares outstanding | 10,000,000 |
| Statements of Cash Flows (USD $) | 2 Months Ended |
| Mar. 31, 2015 | |
| Operating activities: | |
| Net loss | ($3,037) |
| Adjustments to reconcile net loss to net cash provided by (used in) operating activities: | |
| Stock-based compensation - related party | 1,000 |
| Changes in operating assets and liabilities: | |
| Accounts payable and accrued liabilities | 1,037 |
| Net cash used in operating activities | -1,000 |
| Financing activities: | |
| Proceeds from contributed capital - related party | 1,000 |
| Net cash provided by financing activities | 1,000 |
| Net change in cash | |
| Cash, beginning of period | |
| Cash, end of period | |
| SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION: | |
| Cash paid for interest | |
| Cash paid for taxes |
| 1. DESCRIPTION OF BUSINESS AND HISTORY | 2 Months Ended | |
| Mar. 31, 2015 | ||
| Organization, Consolidation and Presentation of Financial Statements [Abstract] | ||
| 1. DESCRIPTION OF BUSINESS AND HISTORY | 1 | DESCRIPTION OF BUSINESS AND HISTORY |
| Description of business– Vortronnix Technologies, Inc. formerly, ANDES 5 Inc., (the “Company”) was incorporated under the laws of the State of Delaware on January 26, 2015and has been inactive since inception. The Company intends to serve as a vehicle to effect an asset acquisition, merger, exchange of capital stock or other business combination with a domestic or foreign business. | ||
| On April 29, 2015, as fully disclosed on Form 8-K, the sole officer and director of ANDES 5 Inc. (the “Company”), the former sole shareholder and Company’s President, Chief Executive Officer, Secretary, Treasurer, and Chairman of the Board of Directors, entered into a Share Purchase Agreement (the “SPA”) pursuant to which he entered into an agreement to sell an aggregate of 10,000,000 shares of his shares of the Company’s common stock to Hardaway Net-Works, Inc., at an aggregate purchase price of $40,000, on April 20, 2015. These shares represented 100% of the Company’s issued and outstanding common stock. Effective upon the closing date of the Share Purchase Agreement dated, April 27, 2015, the former sole shareholder and Company’s President, Chief Executive Officer, Secretary, Treasurer, and Chairman of the Board of Directors executed the agreement and owned no shares of the Company’s stock and Hardaway Net-Works, Inc., was the majority stockholder of the Company. On the same day as the closing date, following the execution of the SPA, Hardaway Net-Works, Inc., elected Glenn Hardaway, as a Director of the Company. Immediately following the election of Mr. Hardaway as a Director to the Company’s Board of Directors, Mr. Hardaway, acting as the sole Director of the Company, accepted the resignation of the former sole shareholder and Company’s President, Chief Executive Officer, Secretary, Treasurer, and Chairman of the Board of Directors The resignation was in connection with the consummation of the SPA between the former sole shareholder and Company’s President, Chief Executive Officer, Secretary, Treasurer, and Chairman of the Board of Directors and Hardaway Net-Works, Inc., and was not the result of any disagreement with the Company on any matter relating to the Company's operations, policies or practices. | ||
| Following the former sole shareholder and Company’s President, Chief Executive Officer, Secretary, Treasurer, and Chairman of the Board of Directors resignation, and effective as of the same date, to fill the vacancies created by Richard Chiang’s resignations, and acting as the sole member of the Board of Directors, Mr. Hardaway appointed himself as President, Chief Executive Officer, Chief Financial Officer, Treasurer, and Chairman of the Board. Further, the Board of Directors also appointed Lawrence JL Palmer as Vice President, and Secretary, and Robert Shontz as Director. | ||
| On May 7, 2015, the Majority Stockholder of the Registrant approved to amend the Registrant’s Articles of Incorporation to change the name of the Registrant from Andes 5 Inc. to Vortronnix Technologies, Inc. On that date, the officers of the Registrant were instructed to file such amendment with the State of Delaware, which amendment was effectively completed and the Registrant informed on May 12, 2015. | ||
| 2. SUMMARY OF SIGNIFICANT POLICIES | 2 Months Ended | |
| Mar. 31, 2015 | ||
| Accounting Policies [Abstract] | ||
| 2. SUMMARY OF SIGNIFICANT POLICIES | 2 | SUMMARY OF SIGNIFICANT POLICIES |
| The accompanying unaudited financial statements of Vortronnix Technologies, Inc.. have been prepared without audit pursuant to the rules and regulations of the Securities and Exchange Commission requirements for interim financial statements. Therefore, they do not include all of the information and footnotes required by accounting principles generally accepted in the United States for complete financial statements. The financial statements should be read in conjunction with the audited financial statements for the period ended January 31, 2015 of Vortronnix Technologies, Inc. in our Form 10-12G/A2 filed on March 18, 2015. | ||
| The interim financial statements present the balance sheets, statements of operations and cash flows Vortronnix Technologies, Inc.. The financial statements have been prepared in accordance with accounting principles generally accepted in the United States. | ||
| The interim financial information is unaudited. In the opinion of management, all adjustments necessary to present fairly the financial position as of March 31, 2015 and the results of operations and cash flows presented herein have been included in the financial statements. All such adjustments are of a normal and recurring nature. Interim results are not necessarily indicative of results of operations for the full year. | ||
| Use of estimates– The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America(“U.S.GAAP”) requires the Company to make estimates and judgments that affect the reported amounts of assets and liabilities, revenues and expenses, and related | ||
| disclosures of contingent assets and liabilities. These estimates and judgments are based on historical information, information that is currently available to the Company and on various other assumptions that the Company believes to be reasonable under the circumstances. Actual results could differ from those estimates. | ||
| Cash and cash equivalents–Cash and cash equivalents consist of cash and short-term investments with original maturities of less than 90 days. 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. | ||
| Revenue Recognition – Revenue is only recognized when all of the following criteria are met: (1) persuasive evidence of an arrangement exists, (2) delivery has occurred or services have been rendered, (3) the price to the buyer is fixed or determinable, and (4) collectability is reasonably assured. | ||
| 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. There were no potentially dilutive securities outstanding during the periods presented. | ||
| 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 Financial Accounting Standards Board(“FASB”) ASC 718-10, Compensation – Stock Compensation, and the conclusions reached by FASB ASC 505-50, Equity – Equity-Based Payments to Non-Employees. Costs are measured at the estimated fair market value of the consideration received or the estimated fair value of the equity instruments issued, whichever is more reliably measurable. The value of 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 as defined by FASB ASC 505-50. | ||
| 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. | ||
| Recent Accounting Pronouncements – The Company has evaluated recent pronouncements through Accounting Standards Updates (“ASU”) 2014-08 and believes that none of them will have a material impact on the Company’s financial position, results of operations or cash flows. | ||
| 3. GOING CONCERN | 2 Months Ended | |
| Mar. 31, 2015 | ||
| Organization, Consolidation and Presentation of Financial Statements [Abstract] | ||
| 3. GOING CONCERN | 3 | GOING CONCERN |
| The accompanying financial statements have been prepared on a going concern basis, which contemplates the realization of assets and the satisfaction of liabilities in the normal course of business. The Company has incurred losses since inception and had accumulated a deficit of $3,037 as of March 31, 2015. The Company requires capital for its contemplated operational and marketing activities. The Company’s ability to | ||
| raise additional capital through the future issuances of common stock is unknown. The obtainment of additional financing, the successful development of the Company’s contemplated plan of operations, and its transition, ultimately, to the attainment of profitable operations are necessary for the Company to continue operations. The ability to successfully resolve these factors raise substantial doubt about the Company’s ability to continue as a going concern. The financial statements of the Company do not include any adjustments that may result from the outcome of these aforementioned uncertainties. | ||
| In order to mitigate the risk related with this uncertainty, the Company plans to issue additional shares of common stock for cash and services during the next 12 months. | ||
| 4. STOCKHOLDERS' EQUITY | 2 Months Ended |
| Mar. 31, 2015 | |
| Equity [Abstract] | |
| 4. STOCKHOLDERS' EQUITY | 4. STOCKHOLDERS’ EQUITY |
| Preferred Stock – The Company is authorized to issue 5,000,000 shares of $.0001 par value preferred stock. As of March 31, 2015 no shares of preferred stock had been issued. | |
| Common Stock - The Company is authorized to issue 100,000,000 shares of $.0001 par value common stock. As of March 31, 2015, 10,000,000 shares were issued and outstanding respectively. | |
| Upon formation of the Company on January 26, 2015, the Board of Directors issued 10,000,000 shares of common stock for $1,000 in services to the founding shareholder of the Company. In addition, the founding shareholder made a contribution of $1,000 to the Company for the period ended March 31, 2015, which is recorded as additional paid-in capital. |
| 5. COMMITMENT | 2 Months Ended | |
| Mar. 31, 2015 | ||
| Commitments and Contingencies Disclosure [Abstract] | ||
| 5. COMMITMENT | 5 | COMMITMENT |
| There is no commitment or contingency to disclose during the period ended March 31, 2015. | ||
| 2. SUMMARY OF SIGNIFICANT POLICIES (Policies) | 2 Months Ended |
| Mar. 31, 2015 | |
| Accounting Policies [Abstract] | |
| Use of estimates | Use of estimates– The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America(“U.S.GAAP”) requires the Company to make estimates and judgments that affect the reported amounts of assets and liabilities, revenues and expenses, and related |
| disclosures of contingent assets and liabilities. These estimates and judgments are based on historical information, information that is currently available to the Company and on various other assumptions that the Company believes to be reasonable under the circumstances. Actual results could differ from those estimates. | |
| Cash and cash equivalents | Cash and cash equivalents–Cash and cash equivalents consist of cash and short-term investments with original maturities of less than 90 days. 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. |
| Revenue Recognition | Revenue Recognition – Revenue is only recognized when all of the following criteria are met: (1) persuasive evidence of an arrangement exists, (2) delivery has occurred or services have been rendered, (3) the price to the buyer is fixed or determinable, and (4) collectability is reasonably assured. |
| Earnings (loss) per share | 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. There were no potentially dilutive securities outstanding during the periods presented. |
| Stock-based compensation | 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 Financial Accounting Standards Board(“FASB”) ASC 718-10, Compensation – Stock Compensation, and the conclusions reached by FASB ASC 505-50, Equity – Equity-Based Payments to Non-Employees. Costs are measured at the estimated fair market value of the consideration received or the estimated fair value of the equity instruments issued, whichever is more reliably measurable. The value of 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 as defined by FASB ASC 505-50. |
| Income taxes | 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. | |
| Recent Accounting Pronouncements – The Company has evaluated recent pronouncements through Accounting Standards Updates (“ASU”) 2014-08 and believes that none of them will have a material impact on the Company’s financial position, results of operations or cash flows. |
| 4. STOCKHOLDERS' EQUITY(Details Narrative) (USD $) | 2 Months Ended |
| Mar. 31, 2015 | |
| Stockholders Equitydetails Narrative | |
| Stock issued for services, shares | 10,000,000 |
| Stock issued for services, value | $1,000 |
| Additional paid-in capital | $1,000 |
