AppSoft (ASFT) 10-Q 28 Jan 21 2020 Q2 Quarterly report Financial data

Cover

Cover - shares	6 Months Ended
	Jun. 30, 2020	Jan. 27, 2021
Cover [Abstract]
Entity Registrant Name	Appsoft Technologies, Inc.
Entity Central Index Key	0001651992
Document Type	10-Q
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Entity Small Business	true
Entity Shell Company	false
Entity Emerging Growth Company	true
Entity Current Reporting Status	No
Document Period End Date	Jun. 30, 2020
Entity Filer Category	Non-accelerated Filer
Document Fiscal Period Focus	Q2
Document Fiscal Year Focus	2020
Entity Ex Transition Period	false
Entity Common Stock Shares Outstanding		4,153,103
Document Quarterly Report	true
Document Transition Report	false
Entity Interactive Data Current	Yes

Balance Sheets

Balance Sheets - USD ($)	Jun. 30, 2020	Dec. 31, 2019
CURRENT ASSETS
Cash	$ 6	$ 6
TOTAL CURRENT ASSETS	6	6
FIXED ASSETS
Computer Equipment, net	415	623
TOTAL FIXED ASSETS	415	623
TOTAL ASSETS	421	629
CURRENT LIABILITIES
Accounts Payable and Accruals	38,232	35,046
Accrued Interest	6,106	3,995
TOTAL CURRENT LIABILITIES	44,338	39,041
Note Payable	218,581	202,420
TOTAL LIABILITIES	262,919	241,461
COMMITMENTS AND CONTINGENCIES	0	0
STOCKHOLDER'S EQUITY
Common stock ($0.0001 par value; 1,000,000,000 shares authorized; 4,145,103 and 4,145,103 shares issued and outstanding at June 30, 2020 and December 31, 2019, respectively)	414	414
Additional Paid in Capital	491,492	491,492
Additional Paid in Capital - Stock Warrants	42,400	42,400
Accumulated Deficit	(796,998)	(775,332)
TOTAL STOCKHOLDER'S EQUITY (DEFICIT)	(262,498)	(240,832)
TOTAL LIABILITIES AND STOCKHOLDER'S EQUITY/(DEFICIT)	421	629
Series A Convertible Preferred Stock [Member]
STOCKHOLDER'S EQUITY
Series A Cumulative, Convertible Preferred stock ($0.0001 par value; 10,000,000 shares authorized; 1,937,400 and 1,937,900 shares issued and outstanding at June 30, 2020 and December 31, 2019, respectively)	$ 194	$ 194

Balance Sheets (Parenthetical)

Balance Sheets (Parenthetical) - $ / shares	Jun. 30, 2020	Dec. 31, 2019	Jun. 30, 2019
STOCKHOLDER'S EQUITY
Common Stock, Par or Stated Value Per Share	$ 0.0001	$ 0.0001	$ 0.0001
Common Stock, Shares Authorized	1,000,000,000	1,000,000,000	1,000,000,000
Common Stock, Shares, Issued	4,145,103	4,145,103	4,145,103
Common Stock, Shares, Outstanding	4,145,103	4,145,103	4,145,103
Preferred Stock, Shares Issued	1,937,400		1,937,400
Preferred Stock, Shares Outstanding	1,937,400		1,937,400
Series A Convertible Preferred Stock [Member]
STOCKHOLDER'S EQUITY
Preferred Stock, Par value	$ 0.0001	$ 0.0001
Preferred Stock, Shares Authorized	10,000,000	10,000,000
Preferred Stock, Shares Issued	1,937,400	1,937,900
Preferred Stock, Shares Outstanding	1,937,400	1,937,900

Statements of Operations (Unaud

Statements of Operations (Unaudited) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Statements of Operations (Unaudited)
Sales	$ 0	$ 0	$ 0	$ 0
Total Revenue	0	0	0	0
EXPENSES:
Selling, General and Administrative	0	0	2,321	6,511
Amortization/Depreciation Expense	104	104	208	208
Interest Expense	1,073	924	2,111	1,774
Outside Services	0	0	0	2,000
Professional Fees	17,026	1,769	17,026	9,109
Total Expense	18,203	2,797	21,666	19,602
Loss from operations	(18,203)	(2,797)	(21,666)	(19,602)
Provision for Income Taxes	0	0	0	0
NET LOSS	$ (18,203)	$ (2,797)	$ (21,666)	$ (19,602)
Weighted average common shares outstanding, basic and fully diluted	4,145,103	4,145,103	4,145,103	4,145,103
Basic and fully diluted net loss per common share:	$ 0	$ 0	$ (0.01)	$ 0

Statements of Cash Flows (Unaud

Statements of Cash Flows (Unaudited) - USD ($)	6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019
CASH FLOWS FROM OPERATING ACTIVITIES:
Net loss	$ (21,666)	$ (19,602)
Amortization and Depreciation	208	208
Changes in Assets and Liabilities:
Increase (decrease) in Accounts Payable and Other Accruals	3,186	(11,800)
Increase (decrease) in Accrued Interest Expense	2,111	1,774
NET CASH PROVIDED BY (USED IN) OPERATING ACTIVITIES	(16,161)	(29,420)
CASH FLOWS TO/(FROM) FINANCING ACTIVITIES:
Note Payable - borrowings	16,161	29,409
NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES	16,161	29,409
NET INCREASE(DECREASE) IN CASH AND CASH EQUIVALENTS	0	(11)
CASH AND CASH EQUIVALENTS, BEGINNING OF THE PERIOD	6	17
CASH AND CASH EQUIVALENTS, END OF THE PERIOD	6	6
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION:
CASH PAID DURING THE PERIOD FOR: Interest	0	0
CASH PAID DURING THE PERIOD FOR: Taxes	$ 0	$ 0

Statement of Stockholders' Equi

Statement of Stockholders' Equity (Unaudited) - USD ($)	Total	Common Stock	Preferred Stock	Additional Paid-in Capital	Additional Paid-in Capital Stock Warrants	Accumulated Deficit
Balance, shares at Dec. 31, 2018		4,154,103	1,937,400
Balance, amount at Dec. 31, 2018	$ (196,256)	$ 414	$ 194	$ 491,492	$ 42,400	$ (730,756)
Net Loss	(19,602)	$ 0	$ 0	0	0	(19,602)
Balance, shares at Jun. 30, 2019		4,154,103	1,937,400
Balance, amount at Jun. 30, 2019	(215,858)	$ 414	$ 194	491,492	42,400	(750,358)
Balance, shares at Dec. 31, 2019		4,154,103	1,937,400
Balance, amount at Dec. 31, 2019	(240,832)	$ 414	$ 194	491,492	42,400	(775,332)
Net Loss	(21,666)	$ 0	$ 0	0	0	(21,666)
Balance, shares at Jun. 30, 2020		4,154,103	1,937,400
Balance, amount at Jun. 30, 2020	$ (262,498)	$ 414	$ 194	$ 491,492	$ 42,400	$ (796,998)

BUSINESS ACTIVITY

BUSINESS ACTIVITY	6 Months Ended
	Jun. 30, 2020
BUSINESS ACTIVITY
NOTE A - BUSINESS ACTIVITY	AppSoft Technologies (the "Company”) was organized under the laws of the State of Nevada March 24, 2015. The Company’s fiscal year end is December 31 st We currently generate revenue from sales, or downloads, of our Apps and from advertisements published on our ad supported game titles.

GOING CONCERN

GOING CONCERN	6 Months Ended
	Jun. 30, 2020
GOING CONCERN
NOTE B - GOING CONCERN	The accompanying financial statements have been prepared on a going concern basis, which assumes the Company will realize its assets and discharge its liabilities in the normal course of business. As reflected in the accompanying financial statements, the Company has a deficit accumulated of $796,998 and cash used in operations of $16,161 at the period ended June 30, 2020. The Company’s ability to continue as a going concern is dependent upon its ability to generate future profitable operations and/or to obtain the necessary financing to meet its obligations and repay its liabilities arising from normal business operations when they come due. These circumstances raise substantial doubt about the Company’s ability to continue as a going concern for the 12 months from the date when these financial statements were issued. The accompanying financial statements do not include any adjustments that might arise because of this uncertainty. To address these aforementioned, management has undertaken the following initiatives: 1) enter into discussions to secure additional equity funding from current or new shareholders; 2) undertake a program to continue to monitor the Company’s ongoing working capital requirements and minimum expenditure commitments; 3) continue their focus on maintaining an appropriate level of corporate overhead in line with the Company’s available cash resources.

SUMMARY OF SIGNIFICANT ACCOUNTI

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	6 Months Ended
	Jun. 30, 2020
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
NOTE C - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	Basis of Presentation- The financial statements included herein were prepared under Generally Accepted Accounting Principles (GAAP). All adjustments have been made which in the opinion of management are necessary, normal, and recurring in nature for presentation. Interim filings should be read in conjunction with the Company’s annual report as of December 31, 2019. Cash and Cash Equivalents- For purposes of the Statement of Cash Flows, the Company considers liquid investments with an original maturity of three months or less to be cash equivalents. Management’s Use of Estimates- 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 disclosures of contingent assets and liabilities at the date of financial statements and the reported amounts of revenue and expenses during the reporting period. Actual results could differ from those estimates. The financial statements above reflect all of the costs of doing business. Revenue Recognition- On May 28, 2014, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) No.2014-09, Revenue from Contracts with Customers, Topic 606 (“ASC 606”), requiring an entity to recognize the amount of revenue to which it expects to be entitled for the transfer of promised goods or services to customers. The new revenue standard replaces most existing revenue recognition guidance in GAAP and permits the use of either the full retrospective or modified retrospective transition method. The Company adopted this standard using the modified basis effective January 1, 2019 and given the Company's limited revenue, the modified retrospective basis has no material impact on prior years given the limited revenue. Comprehensive Income (Loss) - The Company reports Comprehensive income and its components following guidance set forth by section 220-10 of the FASB Accounting Standards Codification which establishes standards for the reporting and display of comprehensive income and its components in the financial statements. There were no items of comprehensive income (loss) applicable to the Company during the period covered in the financial statements. Comprehensive Income (Loss) - The Company reports Comprehensive income and its components following guidance set forth by section 220-10 of the FASB Accounting Standards Codification which establishes standards for the reporting and display of comprehensive income and its components in the financial statements. There were no items of comprehensive income (loss) applicable to the Company during the period covered in the financial statements. Net Income per Common Share- Net loss per common share is computed pursuant to section 260-10-45 of the FASB Accounting Standards Codification. Basic net loss per share is computed by dividing net loss by the weighted average number of shares of common stock outstanding during the period. Diluted net loss per share is computed by dividing net loss by the weighted average number of shares of common stock and potentially outstanding shares of common stock during each period. There was a total of 1,937,400 upon conversion of preferred stock as June 30, 2020. Deferred Taxes- The Company accounts for income taxes under Section 740-10-30 of the FASB Accounting Standards Codification. Deferred income tax assets and liabilities are determined based upon differences between the financial reporting and tax bases of assets and liabilities and are measured using the enacted tax rates and laws that will be in effect when 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 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 operations in the period that includes the enactment date. Fair Value of Financial Instruments- The carrying amounts reported in the balance sheet for cash, accounts receivable and payable approximate fair value based on the short-term maturity of these instruments. Accounts Receivable- Accounts deemed uncollectible are written off in the year they become uncollectible. As of June 30, 2020, and 2019 the balance in Accounts Receivable was $0 and $0. Impairment of Long-Lived Assets- The Company evaluates the recoverability of its fixed assets and other assets in accordance with section 360-10-15 of the FASB Accounting Standards Codification for disclosures about Impairment or Disposal of Long-Lived Assets. Disclosure requires recognition of impairment of long-lived assets in the event the net book value of such assets exceeds its expected cash flows. If so, it is impaired and is written down to fair value, which is determined based on either discounted future cash flows or appraised values. The Company adopted the statement on inception. No impairments of these types of assets were recognized during the periods ended June 30, 2020 and 2019. Stock-Based Compensation- The Company accounts for stock-based compensation using the fair value method following the guidance set forth in section 718-10 of the FASB Accounting Standards Codification for disclosure about Stock-Based Compensation. This section requires a public entity to measure the cost of employee services received in exchange for an award of equity instruments based on the grant-date fair value of the award (with limited exceptions). That cost will be recognized over the period during which an employee is required to provide service in exchange for the award- the requisite service period (usually the vesting period). No compensation cost is recognized for equity instruments for which employees do not render the requisite service. Fair Value for Financial Assets and Financial Liabilities- The Company follows paragraph 825-10-50-10 of the FASB Accounting Standards Codification for disclosures about fair value of its financial instruments and paragraph 820-10-35-37 of the FASB Accounting Standards Codification (“Paragraph 820-10-35-37”) to measure the fair value of its financial instruments. Paragraph 820-10-35-37 establishes a framework for measuring fair value in accounting principles generally accepted in the United States of America (U.S. GAAP), and expands disclosures about fair value measurements. To increase consistency and comparability in fair value measurements and related disclosures, Paragraph 820-10-35-37 establishes a fair value hierarchy which prioritizes the inputs to valuation techniques used to measure fair value into three broad levels. The fair value hierarchy gives the highest priority to quoted prices (unadjusted) in active markets for identical assets or liabilities and the lowest priority to unobservable inputs. The three levels of fair value hierarchy defined by Paragraph 820-10-35-37 are described below: Level 1 Quoted market prices available in active markets for identical assets or liabilities as of the reporting date. Level 2 Pricing inputs other than quoted prices in active markets included in Level 1, which are either directly or indirectly observable as of the reporting date. Level 3 Pricing inputs that are generally unobservable inputs and not corroborated by market data. The carrying amounts of the Company’s financial assets and liabilities, such as cash and accrued expenses, approximate their fair values because of the short maturity of these instruments. The Company’s note payable approximates the fair value of such instrument based upon management’s best estimate of interest rates that would be available to the Company for similar financial arrangement at the periods ended June 30, 2020 and 2019. The Company does not have any assets or liabilities measured at fair value on a recurring or a non-recurring basis, consequently, the Company did not have any fair value adjustments for assets and liabilities measured at fair value at June 30, 2020, nor gains or losses are reported in the statement of operations that are attributable to the change in unrealized gains or losses relating to those assets and liabilities still held at the reporting date for the periods ended June 30, 2020 and 2019. Recently Issued Accounting Pronouncements January 2019, the FASB issued ASU 2016-02, Leases (Topic 842) – ASU 2016-02 requires that a lessee recognize the assets and liabilities that arise from operating leases. A lessee should recognize, in the statement of financial position, a liability to make lease payments (the lease liability) and a right-of-use asset representing its right to use the underlying asset for the lease term. For leases with a term of twelve months or less, a lessee is permitted to make an accounting policy election by class of underlying asset not to recognize lease assets and lease liabilities. In transition, lessees and lessors are required to recognize and measure leases at the beginning of the earliest period presented using a modified retrospective approach. Public business entities should apply the amendments in ASU 2016-02 for fiscal years beginning after December 15, 2018 with a one-year deferral for Emerging Growth Companies, including interim periods within those fiscal years (i.e., January 1, 2019, for a calendar year entity). Early application is permitted for all public business entities and all non-public business entities upon issuance. The adoption of this standard did not have a material impact on the Company’s financial position and results of operations. In December 2019, the FASB issued ASU No. 2019-12, “ Income Taxes (Topic 740): Simplifying the Accounting for Income Taxes Other pronouncements issued by the FASB or other authoritative accounting standards groups with future effective dates are either not applicable or are not expected to be significant to the Company’s financial position, results of operations or cash flows.

SEGMENT REPORTING

SEGMENT REPORTING	6 Months Ended
	Jun. 30, 2020
SEGMENT REPORTING
NOTE D - SEGMENT REPORTING	The Company follows the guidance set forth by section 280-10 of the FASB Accounting Standards Codification for reporting and disclosure on operating segments of the Company. It also requires segment disclosures about products and services, geographic areas, and major customers. The Company determined that it did not have any separately reportable operating segments as of June 30, 2020 and 2019.

CAPITAL STOCK

CAPITAL STOCK	6 Months Ended
	Jun. 30, 2020
CAPITAL STOCK
NOTE E - CAPITAL STOCK	The Company is authorized to issue 1,000,000,000 Common Shares at $.0001 par value per share. Total issued and outstanding shares of common stock is 4,145,103 and 4,145,103 as of June 30, 2020 and 2019, respectively. Total issued and outstanding shares of preferred stock is 1,937,400 and 1,937,400 as of June 30,2020 and 2019, respectively. The Company is authorized to issue 10,000,000 Series A Cumulative, Convertible Preferred Shares (Preferred Stock) at $.0001 par value per share. During the period from inception (March 24, 2015) through December 31, 2016, the Company issued 2,000,000 shares of preferred stock at $.05 per share to Ventureo, LLC in exchange for $50,000 in cash and Phone Apps with a fair market value of $50,000 for a total of $100,000. The shares of “Preferred Stock” are convertible, at the option of the holder, into shares of common stock at a conversion price of $0.005 per share. The holder of the “Preferred Stock” may not convert any portion of the “Preferred Stock” if, after giving effect to such conversion, the holder would beneficially own in excess of 4.99%, except that the holder may, by written notice to the Company, increase or decrease this percentage up to a maximum of 9.99%, provided that any such increase will not be effective until the 61 st The Company agreed to reduce the price at which each share of Series A Preferred Stock, of which Ventureo is the sole holder, converts into Common Stock from $0.005 per share to $0.0002 per share. The Company filed an amendment to its Articles of Incorporation reflecting the change of the conversion price. The Company’s Board approved the Agreement by unanimous written consent to action on November 30, 2018 and the Majority Holders approved the Agreement by the Stockholder Consent on December 4, 2018. Capital Contributions Brian Kupchik, President and CEO made no capital contributions during the six months ended June 30, 2020 and 2019.

OTHER ASSET_PHONE APPS AND GAMI

OTHER ASSET/PHONE APPS AND GAMING PLATFORM	6 Months Ended
	Jun. 30, 2020
OTHER ASSET/PHONE APPS AND GAMING PLATFORM
NOTE F - OTHER ASSET/PHONE APPS AND GAMING PLATFORM	Phone Apps As a part of the Preferred Stock transaction (refer to Note E above), the Company acquired Phone Apps valued at $50,000. These Phone Apps have not been generating sufficient sales revenue (cash inflow) and it is evident that the book value of the asset cannot be recovered, so Company’s Management decided to write-off the asset as of December 31, 2018. The write-off of the Phone Apps resulted in a loss in the amount of $12,500 which has been reported on the Company’s December 31, 2018 Financial Statements. eSports Tournament Platform Assets In June 2016, AppSoft Technologies, Inc. (the “Company”) acquired certain assets comprising an eSports tournament platform for competitive gamers from Guuf LLC (“Guuf”). The Company acquired the assets for a total purchase price of $60,000. These Guuf Apps have not been generating sufficient sales revenue (cash inflow) and it is evident that the book value of the asset cannot be recovered at this time, so Company’s Management decided to write-off the asset as of December 31, 2018. The write-off of the Guuf Apps resulted in a loss in the amount of $33,000 which has been reported on the Company’s December 31, 2018 Financial Statements.

INCOME TAX

INCOME TAX	6 Months Ended
	Jun. 30, 2020
INCOME TAX
NOTE G - INCOME TAX	The Company provides for income taxes under (now included under Accounting Standards Codification (ASC), 740), Accounting for Income Taxes. ASC 740 requires the use of an asset and liability approach in accounting for income taxes. Deferred tax assets and liabilities are recorded based on the differences between the financial statement and tax bases of assets and liabilities and the tax rates in effect when these differences are expected to reverse. ASC 740 requires the reduction of deferred tax assets by a valuation allowance if, based on the weight of available evidence, it is more likely than not that some or all the deferred tax assets will not be realized. For Federal income tax purposes, the Company has net operating loss carry forwards that expire through 2030. The net operating loss carry forward as of June 30, 2020 is approximately $797,000 and as of June 30, 2019 is $750,000 approximately. The total deferred tax asset is approximately $167,000 and $158,000 for the periods ended June 30, 2020 and 2019, respectively. No tax benefit has been reported in the financial statements because after evaluating our own potential tax uncertainties, the Company has determined that there are no material uncertain tax positions that have a greater than 50% likelihood of reversal if the Company were to be audited. The provision for income taxes differs from the amounts which would be provided by applying the statutory federal income tax rate of 21% to the net loss before provision for income taxes for the following reasons: The Company is not obligated to pay State Income Taxes because it is a Nevada corporation. The Company does not currently have any tax returns open for examination.

NOTES PAYABLE AND NOTE EXCHANGE

NOTES PAYABLE AND NOTE EXCHANGE AGREEMENT	6 Months Ended
	Jun. 30, 2020
NOTES PAYABLE AND NOTE EXCHANGE AGREEMENT
NOTE H - NOTES PAYABLE AND NOTE EXCHANGE AGREEMENT	On November 30, 2018, the Company entered into an Exchange Agreement with its Creditors under which Although new borrowings are not yet formalized into a note agreement, the Company and the lender agree that the new loans have the same terms and conditions for the formalized notes. The total amount of the Notes Payable is $218,681 and bears interest at 2% per year. Interest expense for the six-month period ended June 30, 2020 is $2,111 and total accrued interest as of June 30, 2020 is $6,106. Detail of the $218,581 in Notes Payable is as follows: · 2018 Principal and Interest consolidated into new promissory note in the amount of $160,314. · During the 1 st · During the 2 nd · During the 3 rd · During the 4 th As of March 31, 2020, the Company executed a Drawdown Promissory Note in favor of Bryan Glass Securities, Inc. (“BSG”) under which the Company is entitled to borrow up to an aggregate of $50,000 during the 2020 calendar year (the “Drawdown Note”). Under the Drawdown Note, the Company must request a drawdown against the instrument not less than three days prior to the date on which it requires the proceeds, stating the amount of the drawdown and the purposes to which the proceeds will be applied. BSG is entitled to approve or decline an advance of all or a portion of the drawdown request. The unpaid principal amount of the Drawdown Note bears interest at the rate of 2% per year. During the period January 1, 2020 through June 30, 2020, the Company borrowed an aggregate of $16,161 from BSG under the Drawdown Note and the sum of $33,839 remains available for advances thereunder.

FIXED ASSETS

FIXED ASSETS	6 Months Ended
	Jun. 30, 2020
FIXED ASSETS
NOTE I - FIXED ASSETS	In July 2016, the Company purchased computer equipment for $2,079. The computer equipment will be depreciated over its estimated useful life of 5 years. Annual depreciation is $416. Depreciation expense was $208 and $208 for the six months ended June 30, 2020 and 2019, respectively. Accumulated Depreciation is $1,664 and 1,560 as of June 30, 2020 and December 31,2019.

MATERIAL EVENTSMATERIAL EVENTS

MATERIAL EVENTSMATERIAL EVENTS	6 Months Ended
	Jun. 30, 2020
MATERIAL EVENTSMATERIAL EVENTS
NOTE J - MATERIAL EVENTS/MATERIAL EVENTS	Since the close of the period covered by the financial statements of which these notes form a part, the following material transactions have occurred: None.

SUMMARY OF SIGNIFICANT ACCOUN_2

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	6 Months Ended
	Jun. 30, 2020
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
Basis of Presentation	The financial statements included herein were prepared under Generally Accepted Accounting Principles (GAAP). All adjustments have been made which in the opinion of management are necessary, normal, and recurring in nature for presentation. Interim filings should be read in conjunction with the Company’s annual report as of December 31, 2019.
Cash and Cash Equivalents	For purposes of the Statement of Cash Flows, the Company considers liquid investments with an original maturity of three months or less to be cash equivalents.
Management's Use of Estimates	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 disclosures of contingent assets and liabilities at the date of financial statements and the reported amounts of revenue and expenses during the reporting period. Actual results could differ from those estimates. The financial statements above reflect all of the costs of doing business.
Revenue Recognition	On May 28, 2014, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) No.2014-09, Revenue from Contracts with Customers, Topic 606 (“ASC 606”), requiring an entity to recognize the amount of revenue to which it expects to be entitled for the transfer of promised goods or services to customers. The new revenue standard replaces most existing revenue recognition guidance in GAAP and permits the use of either the full retrospective or modified retrospective transition method. The Company adopted this standard using the modified basis effective January 1, 2019 and given the Company's limited revenue, the modified retrospective basis has no material impact on prior years given the limited revenue.
Comprehensive Income (Loss)	The Company reports Comprehensive income and its components following guidance set forth by section 220-10 of the FASB Accounting Standards Codification which establishes standards for the reporting and display of comprehensive income and its components in the financial statements. There were no items of comprehensive income (loss) applicable to the Company during the period covered in the financial statements. The Company reports Comprehensive income and its components following guidance set forth by section 220-10 of the FASB Accounting Standards Codification which establishes standards for the reporting and display of comprehensive income and its components in the financial statements. There were no items of comprehensive income (loss) applicable to the Company during the period covered in the financial statements.
Net Income per Common Share	Net loss per common share is computed pursuant to section 260-10-45 of the FASB Accounting Standards Codification. Basic net loss per share is computed by dividing net loss by the weighted average number of shares of common stock outstanding during the period. Diluted net loss per share is computed by dividing net loss by the weighted average number of shares of common stock and potentially outstanding shares of common stock during each period. There was a total of 1,937,400 upon conversion of preferred stock as June 30, 2020.
Deferred Taxes	The Company accounts for income taxes under Section 740-10-30 of the FASB Accounting Standards Codification. Deferred income tax assets and liabilities are determined based upon differences between the financial reporting and tax bases of assets and liabilities and are measured using the enacted tax rates and laws that will be in effect when 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 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 operations in the period that includes the enactment date.
Fair Value of Financial Instruments	The carrying amounts reported in the balance sheet for cash, accounts receivable and payable approximate fair value based on the short-term maturity of these instruments.
Accounts Receivable	Accounts deemed uncollectible are written off in the year they become uncollectible. As of June 30, 2020, and 2019 the balance in Accounts Receivable was $0 and $0.
Impairment of Long-Lived Assets	The Company evaluates the recoverability of its fixed assets and other assets in accordance with section 360-10-15 of the FASB Accounting Standards Codification for disclosures about Impairment or Disposal of Long-Lived Assets. Disclosure requires recognition of impairment of long-lived assets in the event the net book value of such assets exceeds its expected cash flows. If so, it is impaired and is written down to fair value, which is determined based on either discounted future cash flows or appraised values. The Company adopted the statement on inception. No impairments of these types of assets were recognized during the periods ended June 30, 2020 and 2019.
Stock-Based Compensation	The Company accounts for stock-based compensation using the fair value method following the guidance set forth in section 718-10 of the FASB Accounting Standards Codification for disclosure about Stock-Based Compensation. This section requires a public entity to measure the cost of employee services received in exchange for an award of equity instruments based on the grant-date fair value of the award (with limited exceptions). That cost will be recognized over the period during which an employee is required to provide service in exchange for the award- the requisite service period (usually the vesting period). No compensation cost is recognized for equity instruments for which employees do not render the requisite service.
Fair Value for Financial Assets and Financial Liabilities	The Company follows paragraph 825-10-50-10 of the FASB Accounting Standards Codification for disclosures about fair value of its financial instruments and paragraph 820-10-35-37 of the FASB Accounting Standards Codification (“Paragraph 820-10-35-37”) to measure the fair value of its financial instruments. Paragraph 820-10-35-37 establishes a framework for measuring fair value in accounting principles generally accepted in the United States of America (U.S. GAAP), and expands disclosures about fair value measurements. To increase consistency and comparability in fair value measurements and related disclosures, Paragraph 820-10-35-37 establishes a fair value hierarchy which prioritizes the inputs to valuation techniques used to measure fair value into three broad levels. The fair value hierarchy gives the highest priority to quoted prices (unadjusted) in active markets for identical assets or liabilities and the lowest priority to unobservable inputs. The three levels of fair value hierarchy defined by Paragraph 820-10-35-37 are described below: Level 1 Quoted market prices available in active markets for identical assets or liabilities as of the reporting date. Level 2 Pricing inputs other than quoted prices in active markets included in Level 1, which are either directly or indirectly observable as of the reporting date. Level 3 Pricing inputs that are generally unobservable inputs and not corroborated by market data. The carrying amounts of the Company’s financial assets and liabilities, such as cash and accrued expenses, approximate their fair values because of the short maturity of these instruments. The Company’s note payable approximates the fair value of such instrument based upon management’s best estimate of interest rates that would be available to the Company for similar financial arrangement at the periods ended June 30, 2020 and 2019. The Company does not have any assets or liabilities measured at fair value on a recurring or a non-recurring basis, consequently, the Company did not have any fair value adjustments for assets and liabilities measured at fair value at June 30, 2020, nor gains or losses are reported in the statement of operations that are attributable to the change in unrealized gains or losses relating to those assets and liabilities still held at the reporting date for the periods ended June 30, 2020 and 2019.
Recently Issued Accounting Pronouncements	January 2019, the FASB issued ASU 2016-02, Leases (Topic 842) – ASU 2016-02 requires that a lessee recognize the assets and liabilities that arise from operating leases. A lessee should recognize, in the statement of financial position, a liability to make lease payments (the lease liability) and a right-of-use asset representing its right to use the underlying asset for the lease term. For leases with a term of twelve months or less, a lessee is permitted to make an accounting policy election by class of underlying asset not to recognize lease assets and lease liabilities. In transition, lessees and lessors are required to recognize and measure leases at the beginning of the earliest period presented using a modified retrospective approach. Public business entities should apply the amendments in ASU 2016-02 for fiscal years beginning after December 15, 2018 with a one-year deferral for Emerging Growth Companies, including interim periods within those fiscal years (i.e., January 1, 2019, for a calendar year entity). Early application is permitted for all public business entities and all non-public business entities upon issuance. The adoption of this standard did not have a material impact on the Company’s financial position and results of operations. In December 2019, the FASB issued ASU No. 2019-12, “ Income Taxes (Topic 740): Simplifying the Accounting for Income Taxes Other pronouncements issued by the FASB or other authoritative accounting standards groups with future effective dates are either not applicable or are not expected to be significant to the Company’s financial position, results of operations or cash flows.

BUSINESS ACTIVITY (Details Narr

BUSINESS ACTIVITY (Details Narrative)	6 Months Ended
	Jun. 30, 2020integer
BUSINESS ACTIVITY
Number of Mobile Applications Owned	400

GOING CONCERN (Details Narrativ

GOING CONCERN (Details Narrative) - USD ($)	6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Dec. 31, 2019
GOING CONCERN
Accumulated Deficit	$ (796,998)		$ (775,332)
Net Cash Provided by (Used in) Operating Activities	$ (16,161)	$ (29,420)

SUMMARY OF SIGNIFICANT ACCOUN_3

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details Narrative) - USD ($)	6 Months Ended
	Jun. 30, 2020	Dec. 31, 2019
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
Incremental Common Shares Attributable to Dilutive Effect of Conversion of Preferred Stock	1,937,400
Accounts Receivable	$ 0	$ 0

CAPITAL STOCK (Details Narrativ

CAPITAL STOCK (Details Narrative) - USD ($)	6 Months Ended	12 Months Ended	21 Months Ended
	Jun. 30, 2020	Dec. 31, 2019	Dec. 31, 2016	Jun. 30, 2019
Common Stock, Shares, Issued	4,145,103	4,145,103		4,145,103
Common Stock Shares, Outstanding	4,145,103	4,145,103		4,145,103
Preferred Stock, Shares Outstanding	1,937,400			1,937,400
Common Stock, Shares Authorized	1,000,000,000	1,000,000,000		1,000,000,000
Common Stock, Par value	$ 0.0001	$ 0.0001		$ 0.0001
Preferred Stock, Shares Issued	1,937,400			1,937,400
Common Stock, Convertible, Conversion Price, Decrease	$ 0.0002
Payments to Acquire Productive Assets, Total			$ 50,000
Maximum [Member]
Convertible Preferred Stock ,Beneficially Ownership Percentage			9.99%
Minimum [Member]
Convertible Preferred Stock ,Beneficially Ownership Percentage			4.99%
Series A Convertible Preferred Stock [Member]
Preferred Stock, Shares Outstanding	1,937,400	1,937,900
Preferred Stock, Shares Issued	1,937,400	1,937,900
Preferred Stock, Shares Authorized	10,000,000	10,000,000
Preferred Stock, Par value	$ 0.0001	$ 0.0001
Series A Convertible Preferred Stock [Member] | Ventureo, LLC [Member]
Preferred Stock, Shares Issued			2,000,000
Preferred Stock, Par value			$ 0.05
Stock Issued During Period, Value, New Issues			$ 100,000
Proceeds from Issuance of Preferred Stock and Preference Stock			$ 50,000
Convertible Preferred Stock Conversion Price			$ 0.005
Common Stock, Convertible, Conversion Price, Decrease		$ 0.0002
Payments to Acquire Productive Assets, Total			$ 50,000

OTHER ASSETPHONE APPS AND GAMIN

OTHER ASSETPHONE APPS AND GAMING PLATFORM (Details Narrative) - USD ($)	12 Months Ended	21 Months Ended
	Dec. 31, 2018	Dec. 31, 2016	Jun. 30, 2016
Payments to Acquire Productive Assets, Total		$ 50,000
Capitalized Computer Software, Net			$ 60,000
Guuf Apps [Member]
Loss on write off of other assets	$ 33,000
Phone Apps [Member]
Loss on write off of other assets	$ 12,500

INCOME TAX (Details Narrative)

INCOME TAX (Details Narrative) - USD ($)	6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019
INCOME TAX
Operating Loss Carryforwards	$ 797,000	$ 750,000
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent	21.00%
Tax position descriptions	The Company has determined that there are no material uncertain tax positions that have a greater than 50% likelihood of reversal if the Company were to be audited.
Deferred Tax Assets	$ 167,000	$ 158,000
Description of net operating loss carryforward expiry year	The Company has net operating loss carry forwards that expire through 2030.

NOTES PAYABLE AND NOTE EXCHAN_2

NOTES PAYABLE AND NOTE EXCHANGE AGREEMENT (Details Narrative) - USD ($)	3 Months Ended			6 Months Ended		9 Months Ended	12 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Mar. 31, 2019	Jun. 30, 2020	Jun. 30, 2019	Sep. 30, 2019	Dec. 31, 2019	Nov. 30, 2018
Common Stock, Convertible, Conversion Price, Decrease				$ 0.0002
Additional notes payable			$ 14,640		$ 14,769	$ 1,526	$ 11,171
Note Payable	$ 218,581			$ 218,581			202,420
Notes Payable, Total	$ 218,681			$ 218,681				$ 160,314
Debt Instrument, Interest Rate, Stated Percentage	2.00%			2.00%
Interest Expense	$ 1,073	$ 924		$ 2,111	$ 1,774
Total Accrued Interest	$ 6,106			6,106			$ 3,995
Promissory note issued				160,314
Bryan Glass Securities [Member]
Promissory note issued				$ 50,000
Interest rate				2.00%
Debt instrument descriptions				The Company borrowed an aggregate of $16,161 from BSG under the Drawdown Note and the sum of $33,839 remains available for advances thereunder.

FIXED ASSETS (Details Narrative

FIXED ASSETS (Details Narrative) - USD ($)	1 Months Ended	6 Months Ended
	Jul. 31, 2016	Jun. 30, 2020	Jun. 30, 2019	Dec. 31, 2019
Amortization and Depreciation		$ 208	$ 208
Accumulated Depreciation		$ 1,664		$ 1,560
Computer Equipment [Member]
Depreciation	$ 416
Payments to acquire property, plant, and equipment	$ 2,079
Finite-lived intangible asset, useful life	5 years