| Document and Entity Information - shares | 6 Months Ended | |
| May. 31, 2015 | Jul. 20, 2015 | |
| Document And Entity Information | ||
| Entity Registrant Name | Opulent Acquisition, Inc. | |
| Entity Central Index Key | 1,634,291 | |
| Document Type | 10-Q | |
| Document Period End Date | May 31, 2015 | |
| Amendment Flag | false | |
| Current Fiscal Year End Date | --11-30 | |
| Entity Well Known Seasoned Issuer | No | |
| Entity Voluntary Filers | No | |
| Entity Current Reporting Status | Yes | |
| Entity Filer Category | Smaller Reporting Company | |
| Entity Common Stock Shares Outstanding | 20,000,000 | |
| Document Fiscal Period Focus | Q2 | |
| Document Fiscal Year Focus | 2,015 |
| BALANCE SHEETS (Unaudited) - USD ($) | May. 31, 2015 | Nov. 30, 2014 |
| Current Assets | ||
| Total Current Assets | ||
| Total Assets | ||
| Current Liabilities | ||
| Accrued Expenses | $ 1,800 | $ 2,148 |
| Total Current Liabilities | 1,800 | 2,148 |
| Total Liabilities | $ 1,800 | $ 2,148 |
| Stockholder's Equity (Deficit) | ||
| Preferred Stock ($.0001 par value, 20,000,000 authorized; none issued and outstanding) | ||
| Common stock ($0.0001 par value, 500,000,000 shares authorized; 20,000,000 shares issued and outstanding as of April 30, 2015 and July 31, 2014) | $ 2,000 | $ 2,000 |
| Additional Paid In Capital | 3,648 | |
| Accumulated Deficit | $ (7,448) | $ (4,148) |
| Total Stockholder's Deficit |
| BALANCE SHEETS (Parenthetical) - $ / shares | May. 31, 2015 | Nov. 30, 2014 |
| StockholdersEquity | ||
| Preferred Stock Par Or Stated Value Per Share | $ 0.0001 | $ 0.0001 |
| 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 Or Stated Value Per Share | $ 0.0001 | $ 0.0001 |
| Common Stock Shares Authorized | 500,000,000 | 500,000,000 |
| Common Stock Shares Issued | 20,000,000 | 20,000,000 |
| Common Stock Shares Outstanding | 20,000,000 | 20,000,000 |
| STATEMENTS OF OPERATIONS (Unaudited) - USD ($) | 3 Months Ended | 6 Months Ended | ||
| May. 31, 2015 | May. 31, 2014 | May. 31, 2015 | May. 31, 2014 | |
| Income Statement [Abstract] | ||||
| Revenues | ||||
| Total Revenues | ||||
| General and Administrative Expenses | ||||
| Share-Based Expenses | ||||
| Organization and Related Expenses | $ 550 | $ 550 | ||
| Professional Fees | 1,250 | 2,750 | ||
| Total General and Administrative Expenses | 1,800 | 3,300 | ||
| Net Loss | $ (1,800) | $ (3,300) | ||
| Basic and Diluted Loss Per Share | $ 0 | $ 0 | ||
| Weighted Average Number of Common Shares Outstanding | 20,000,000 | 20,000,000 | ||
| STATEMENT OF CASH FLOWS (Unaudited) - USD ($) | 6 Months Ended | |
| May. 31, 2015 | May. 31, 2014 | |
| CASH FLOWS FROM OPERATING ACTIVITIES | ||
| Net (loss) | $ (3,300) | |
| Expenses contributed to capital | $ 3,648 | |
| Prepaid Expenses | ||
| Accounts payable-related party | ||
| Accrued Expenses | $ (348) | |
| Net cash provided by (used in) operating activities | $ 0 | |
| ORGANIZATION AND DESCRIPTION OF BUSINESS | 6 Months Ended |
| May. 31, 2015 | |
| Organization, Consolidation and Presentation of Financial Statements [Abstract] | |
| Organization and Description of Business | Note 1 Organization and Description of Business Opulent Acquisition, Inc. (the Company) was incorporated under the laws of the State of Delaware on November 25, 2014. The Company intends to serve as a vehicle to affect an asset acquisition, merger, exchange of capital stock or other business combination with a domestic or foreign business. As of May 31, 2015 the Company had not yet commenced any operations. The Company has elected November 30th as its year end. |
| SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES | 6 Months Ended |
| May. 31, 2015 | |
| Accounting Policies [Abstract] | |
| Significant Accounting Policies | Note 2 Summary of Significant Accounting Policies Basis of Presentation The accompanying unaudited financial statements have been prepared in accordance with generally accepted accounting principles in the United States of America for interim financial information and with the instructions to Form 10-Q and Regulation S-X. Accordingly, these condensed financial statements do not include all of the information and footnotes required by generally accepted accounting principles for complete financial statements. In the opinion of management, all adjustments considered necessary for a fair presentation have been included and such adjustments are of a normal recurring nature. These financial statements should be read in conjunction with the financial statements for the year ended November 30, 2014 and notes thereto. The results of operations for the six month period ended May 31, 2015 are not necessarily indicative of the results for the full fiscal year ending November 30, 2015. 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 of the financial statements and the reported amounts of revenues and expenses during the reporting period. In the opinion of management, all adjustments necessary in order to make the financial statements not misleading have been included. Due to the minimal level of operations, the Company has not had to make material assumptions or estimates other than the assumption that the Company is a going concern. Actual results could differ from those estimates. These financial statements should be read in conjunction with the financial statements for the year ended November 30, 2014. Shell Company Status We are considered a shell company as defined in Rule 12b-2 of the Exchange Act. Rule 12b-2 of the Exchange Act defines a shell company as a registrant that has no or nominal operations and either no or nominal assets or assets consisting solely of cash and cash equivalents or assets consisting of any amount of cash and cash equivalents and nominal other assets. Our shell company status prevents investors from reselling our shares under Rule 144(i) unless and until 12 months after we are no longer considered a shell company. We caution investors as to the highly illiquid nature of an investment in our shares. Cash Equivalents The Company considers all highly liquid investments with an original maturity of three months or less when purchased to be cash equivalents. Cash and cash equivalents at May 31, 2015 were $0. Cash Flows Reporting The Company follows ASC 230, Statement of Cash Flows to report net cash flow from operating activities by adjusting net income to reconcile it to net cash flow from operating activities by removing the effects of (a) all deferrals of past operating cash receipts and payments and all accruals of expected future operating cash receipts and payments and (b) all items that are included in net income that do not affect operating cash receipts and payments. Income Taxes The Company accounts for income taxes under ASC 740, Income Taxes Basic Earnings (Loss) Per Share The Company computes basic and diluted earnings per share amounts in accordance with ASC Topic 260, Earnings per Share Fair Value of Financial Instruments The Companys balance sheet includes certain financial instruments. The carrying amounts of current assets and current liabilities approximate their fair value because of the relatively short period of time between the origination of these instruments and their expected realization. ASC 820, Fair Value Measurements and Disclosures · Level 1 - Unadjusted quoted prices in active markets that are accessible at the measurement date for identical, unrestricted assets or liabilities. · Level 2 - Inputs other than quoted prices included within Level 1 that are observable for the asset or liability, either directly or indirectly, including quoted prices for similar assets or liabilities in active markets; quoted prices for identical or similar assets or liabilities in markets that are not active; inputs other than quoted prices that are observable for the asset or liability (e.g., interest rates); and inputs that are derived principally from or corroborated by observable market data by correlation or other means. · Level 3 - Inputs that are both significant to the fair value measurement and unobservable. Fair value estimates discussed herein are based upon certain market assumptions and pertinent information available to management as of May 31, 2015. The respective carrying value of certain on-balance-sheet financial instruments approximated their fair values due to the short-term nature of these instruments. These financial instruments include accrued expenses. Share-based Expense ASC 718, Compensation Stock Compensation The Company accounts for stock-based compensation issued to non-employees and consultants in accordance with the provisions of ASC 505-50, Equity Based Payments to Non-Employees. The company had no stock-based compensation plans at May 31, 2015. Share-based expense for the six months ended May 31, 2015 was $0. Related Parties The Company follows ASC 850, Related Party Disclosures, |
| GOING CONCERN | 6 Months Ended |
| May. 31, 2015 | |
| Going Concern | |
| Going Concern | Note 3 Going Concern The Companys financial statements are prepared using accounting principles generally accepted in the United States of America applicable to a going concern that contemplates the realization of assets and liquidation of liabilities in the normal course of business. The Company demonstrates adverse conditions that raise substantial doubt about the Company's ability to continue as a going concern for one year following the issuance of these financial statements. These adverse conditions are negative financial trends, specifically operating loss, working capital deficiency, negative cash flow from operating activities, and other adverse key financial ratios. The Company has not established any source of revenue to cover its operating costs. Management plans to fund operating expenses with related party contributions to capital. There is no assurance that management's plan will be successful. The financial statements do not include any adjustments relating to the recoverability and classification of recorded assets, or the amounts and classification of liabilities that might be necessary in the event that the Company cannot continue as a going concern. |
| RECENTLY ISSUED ACCOUNTING PRONOUNCEMENTS | 6 Months Ended |
| May. 31, 2015 | |
| Organization, Consolidation and Presentation of Financial Statements [Abstract] | |
| RECENTLY ISSUED ACCOUNTING PRONOUNCEMENTS | Note 4 - Recently Issued Accounting Pronouncements Except for rules and interpretive releases of the SEC under authority of federal securities laws and a limited number of grandfathered standards, the FASB Accounting Standards Codification We have reviewed the FASB issued Accounting Standards Update (ASU) accounting pronouncements and interpretations thereof that have effectiveness dates during the periods reported and in future periods. The Company has carefully considered the new pronouncements that alter previous generally accepted accounting principles and does not believe that any new or modified principles will have a material impact on the corporations reported financial position or operations in the near term. The applicability of any standard is subject to the formal review of our financial management and certain standards are under consideration. In June 2015, FASB issued Accounting Standards Update (ASU) No. 2015-10, Technical Corrections and Updates. In January 2015, FASB issued Accounting Standards Update (ASU) No. 2015-01, Income Statement-Extraordinary and Unusual Items (Subtopic 225-20). In August 2014, FASB issued Accounting Standards Update (ASU) No. 2014-15, Presentation of Financial Statements Going Concern; Disclosures of Uncertainties about an Entitys Ability to Continue as a Going Concern. In June 2014, the FASB issued ASU 2014-10, Development Stage Entities (Topic 915): Elimination of Certain Financial Reporting Requirements, Including an Amendment to Variable Interest Entities Guidance in Topic 810, Consolidation |
| ACCRUED EXPENSES | 6 Months Ended |
| May. 31, 2015 | |
| Payables and Accruals [Abstract] | |
| ACCRUED EXPENSES | Note 5 Accrued Expenses Accrued expenses totaled $1,800 and $2,148 at May 31, 2015 and November 30, 2014, respectively and consisted solely of professional fees and general and administrative expenses. |
| COMMITMENTS AND CONTINGENCIES | 6 Months Ended |
| May. 31, 2015 | |
| Income Tax Disclosure [Abstract] | |
| COMMITMENTS AND CONTINGENCIES | Note 6 Commitments and Contingencies The Company follows ASC 450-20, Los Contingencies, |
| INCOME TAXES | 6 Months Ended |
| May. 31, 2015 | |
| Income Tax Disclosure [Abstract] | |
| Income Taxes | Note 7 - Income Taxes The Company has not recognized an income tax benefit for its operating losses generated based on uncertainties concerning its ability to generate taxable income in future periods. The tax benefit for the period presented is offset by a valuation allowance established against deferred tax assets arising from the net operating losses, the realization of which could not be considered more likely than not. In future periods, tax benefits and related deferred tax assets will be recognized when management considers realization of such amounts to be more likely than not. As of May 31, 2015, the Company has incurred a net loss of approximately $7,400 which resulted in a net operating loss for income tax purposes. NOLs begin expiring in 2034. The loss results in a deferred tax asset of approximately $2,600 at the effective statutory rate of 35%. The deferred tax asset has been off-set by an equal valuation allowance. May 31, 2015 Deferred tax asset, generated from net operating loss at statutory rates $ 2,600 Valuation allowance (2,600) $ The reconciliation of the effective income tax rate to the federal statutory rate is as follows: Federal income tax rate 35.0 % Increase in valuation allowance (35.0) % Effective income tax rate 0.0 % |
| STOCKHOLDER'S EQUITY | 6 Months Ended |
| May. 31, 2015 | |
| Stockholders Equity | |
| Stockholder's Equity | Note 8 Shareholder Equity Preferred Stock The authorized preferred stock of the Company consists of 20,000,000 shares with a par value of $0.0001. The Company has not issued any shares as of May 31, 2015. Common Stock The authorized common stock of the Company consists of 500,000,000 shares with a par value of $0.0001. There were 20,000,000 shares of common stock issued and outstanding as of May 31, 2015. The Company does not have any potentially dilutive instruments as of May 31, 2015 and, thus, anti-dilution issues are not applicable. On November 25, 2014 the Company issued 20,000,000 of its $0.0001 par value common stock at $0.0001 per share and totaling $2,000 to the sole officer/director/shareholder of the Company in exchange for developing the Companys business concept and plan. Pertinent Rights and Privileges Holders of shares of common stock are entitled to one vote for each share held to be used at all stockholders meetings and for all purposes including the election of directors. Common stock does not have cumulative voting rights. Nor does it have preemptive or preferential rights to acquire or subscribe for any unissued shares of any class of stock. Additional Paid In Capital Total amounts contributed to additional paid in capital for the periods ended May 31, 2015 and November 30, 2014 totaled $3,648 and $0, respectively. (Note 9) |
| RELATED PARTY DISCLOSURE | 6 Months Ended |
| May. 31, 2015 | |
| Related Party Transactions [Abstract] | |
| Related Party Transactions | Note 9 Related-Party Transactions Common stock On November 25, 2014 the Company issued 20,000,000 of its $0.0001 par value common stock at $0.0001 per share and totaling $2,000 to the sole office/director/shareholder of the Company as founders shares. Additional paid in capital During the six month period ending May 31, 2015, our sole officer/director/shareholder contributed additional paid in capital in the amount of $3,648 to fund operating expenses. Total amounts contributed at May 31, 2015 totaled $3,648. |
| SUBSEQUENT EVENTS | 6 Months Ended |
| May. 31, 2015 | |
| Subsequent Events [Abstract] | |
| Subsequent Events | Note 10 Subsequent Events Management has evaluated subsequent events through the date the financial statements were available to be issued. Based on our evaluation no events have occurred requiring adjustment or disclosure. |
