| Note 2 - Summary of Significant Accounting Policies | NOTE 2 -SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Going Concern The Company's financial statements are prepared using accounting
principles generally accepted in the United States of America applicable to a going concern which contemplates the realization
of assets and liquidation of liabilities in the normal course of business. The Company has not yet had significant revenues
sufficient to cover its operating cost, and requires additional capital to commence its operating plan. The ability of the
Company to continue as a going concern is dependent on the Company obtaining adequate capital to fund operating losses until it
becomes profitable. If the Company is unable to obtain adequate capital, it could be forced to cease operations. These factors
raise substantial doubt about its ability to continue as a going concern. In order to continue as a going, concern, the Company will
need, among other things, additional capital resources. Management's plan to obtain such resources for the Company include:
sales of equity instruments; traditional financing, such as loans; and obtaining capital from management and significant stockholders
sufficient to meet its minimal operating expenses. However, management cannot provide any assurance that the Company will be successful
in accomplishing any of its plans. There is no assurance that the Company will be able to obtain
sufficient additional funds when needed or that such funds, if available, will be obtainable on terms satisfactory to the Company.
In addition, profitability will ultimately depend upon the level of revenues received from business operations. However,
there is no assurance that the Company will attain profitability. The accompanying financial statements do not include any adjustments
that might be necessary if the Company is unable to continue as a going concern. Basis of Presentation The Financial Statements and related disclosures have been
prepared pursuant to the rules and regulations of the Securities and Exchange Commission ("SEC"). The Financial
Statements have been prepared using the accrual basis of accounting in accordance with Generally Accepted Accounting Principles
("GAAP") of the United States. 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 disclosure of contingent assets and liabilities at the date of the
financial statements. The estimates and judgments will also affect the reported amounts for certain revenues and expenses during
the reporting period. Actual results could differ from these good faith estimates and judgments. Revenue Recognition The Company recognizes revenue from the sale of products
and services in accordance with ASC 605,"Revenue Recognition." The Company recognizes revenue from services only when all
of the following criteria have been met:
i) Persuasive evidence for an agreement exists;
ii) Service has been provided;
iii) The fee is fixed or determinable; and,
iv) Collection is reasonably assured. Revenue related to multi-media downloads is fully recognized
when the above criteria are met. Revenue related to online subscriptions is recognized ratably over the duration of the subscriptions. Allowance for Doubtful Accounts We establish an allowance for bad debts through a review
of several factors including historical collection experience, current aging status of the customer accounts, and financial condition
of our customers. We do not generally require collateral for our accounts receivable. Our allowance for doubtful accounts was $0
as of September 30, 2016 and December 31, 2015. Stock based compensation We account for stock based compensation in accordance with
ASC 718 which requires companies to measure the cost of employee services received in exchange for an award of an equity instrument
based on the grant-date fair value of the award. For stock-based awards granted on or after January 1, 2006, stock-based compensation
expense is recognized on a straight-line basis over the requisite service period. In prior years, we accounted for stock-based
awards under APB No. 25, “Accounting for Stock Issued to Employees.” We account for non-employee share-based awards
in accordance with ASC 505-50. Impairment of Long-Lived Assets Long-lived assets are
reviewed for impairment whenever events or changes in circumstances indicate that the carrying amount of an asset may not be recoverable
through the estimated undiscounted cash flows expected to result from the use and eventual disposition of the assets. Whenever
any such impairment exists, an impairment loss will be recognized for the amount by which the carrying value exceeds the fair value.
During the year ended December 31, 2015, the Company impaired the acquired intangible assets valued at $60,000. Earnings per Share In accordance with
ASC Topic 280 – “Earnings Per Share”, the basic loss per common share is computed by dividing net loss available
to common stockholders by the weighted average number of common shares outstanding. Diluted loss per common share is computed similar
to basic loss per common share except that the denominator is increased to include the number of additional common shares that
would have been outstanding if the potential common shares had been issued and if the additional common shares were dilutive. Income Taxes The Company accounts for income taxes in accordance with
Accounting Standards Codification (“ASC”) Topic 740, Income Taxes, which requires that the Company recognize deferred
tax liabilities and assets based on the differences between the financial statement carrying amounts and the tax bases of assets
and liabilities, using enacted tax rates in effect in the years the differences are expected to reverse. Deferred income tax benefit
(expense) results from the change in net deferred tax assets or deferred tax liabilities. A valuation allowance is recorded when
it is more likely than not that some or all deferred tax assets will not be realized. Financial Instruments FASB ASC 820, Fair
Value Measurements and Disclosures, defines fair value as the exchange price that would be received for an asset or paid to transfer
a liability (an exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between
market participants on the measurement date. FASB ASC 820 also establishes a fair value hierarchy which requires an entity to maximize
the use of observable inputs and minimize the use of unobservable inputs when measuring fair value. FASB ASC 820 describes three
levels of inputs that may be used to measure fair value: Level 1 Level 2 Level 3 If the inputs used to measure the financial assets and liabilities
fall within more than one level described above, the categorization is based on the lowest level of input that is significant to
the fair value measurement of the instrument. Recent Accounting Pronouncements In August 2016, the Financial Accounting Standards Board
("FASB") issued Accounting Standards Update ("ASU") No. 2016-15, Statement of Cash Flows (Topic 230): Classification
of Certain Cash Receipts and Cash Payments. The new standard will make eight targeted changes to how cash receipts and cash payments
are presented and classified in the statement of cash flows. The standard will be effective for the Company beginning January 1,
2018, with early application permitted. The standard will require adoption on a retrospective basis unless it is impracticable
to apply, in which case we would be required to apply the amendments prospectively as of the earliest date practicable. In June 2016, the Financial Accounting Standards Board ("FASB")
issued Accounting Standards Update ("ASU") No. 2016-13, Financial Instruments—Credit Losses (Topic 326): Measurement
of Credit Losses on Financial Instruments. The new standard requires financial assets measured at amortized cost be presented at
the net amount expected to be collected, through an allowance for credit losses that is deducted from the amortized cost basis.
The standard will be effective for the Company beginning January 1, 2020, with early application permitted. This standard is not
expected to have a material impact on our financial position, results of operations or statement of cash flows upon adoption. In March 2016, the FASB issued ASU No. 2016-09, Compensation
— Stock Compensation: Improvements to Employee Share-Based Payment Accounting In February 2016, the FASB issued ASU 2016-02, Leases (Topic
842). ASU 2016-02 requires the lessee to recognize assets and liabilities for leases with lease terms of more than twelve months.
For leases with a term of twelve months or less, the Company is permitted to make an accounting policy election by class of underlying
asset not to recognize lease assets and lease liabilities. Further, the lease requires a finance lease to recognize both an interest
expense and an amortization of the associated expense. Operating leases generally recognize the associated expense on a straight
line basis. ASU 2016-02 requires the Company to adopt the standard using a modified retrospective approach and adoption beginning
on January 1, 2019. In January 2016, the FASB issued ASU 2016-01, Financial Instruments
- Overall: Recognition and Measurement of Financial Assets and Financial Liabilities. This new standard provides guidance on how
entities measure certain equity investments and present changes in the fair value. This standard requires that entities measure
certain equity investments that do not result in consolidation and are not accounted for under the equity method at fair value
and recognize any changes in fair value in net income. ASU 2016-01 is effective for fiscal years beginning after December 31, 2017. The Company has chosen to qualify as an Emerging Growth Company
(“EGC”) and use the deferral provisions under Securities Act Section 7(a)(2)(B) and therefore does not expect to adopt
the guidance from new accounting policies issued with effective dates after April 2012 until such time as the earlier of when they
become applicable to private enterprises or the Company no longer qualifies as an EGC. |
