Lepora 10-K 31 Mar 17 2016 FY Annual report Financial data

Document And Entity Information

Document And Entity Information - USD ($)	12 Months Ended
	Dec. 31, 2016	Mar. 31, 2017	Jun. 30, 2016
Document Information [Line Items]
Document Type	10-K
Amendment Flag	false
Document Period End Date	Dec. 31, 2016
Document Fiscal Year Focus	2,016
Document Fiscal Period Focus	FY
Entity Registrant Name	Lepora Holdings, Inc.
Entity Central Index Key	1,662,645
Current Fiscal Year End Date	--12-31
Entity Well-known Seasoned Issuer	No
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Filer Category	Smaller Reporting Company
Entity Public Float			$ 0
Entity Common Stock, Shares Outstanding		5,500,000

BALANCE SHEETS

BALANCE SHEETS - USD ($)	Dec. 31, 2016	Dec. 31, 2015
Current Assets
Cash	$ 0	$ 0
Total Current Assets	0	0
Total Assets	0	0
Current Liabilities
Accrued liabilities	6,758	1,000
Payable to related party	11,615	0
Total Current Liabilities	18,373	1,000
Total Liabilities	18,373	1,000
Commitments and Contingencies (Note 6)
Stockholders' Deficit
Preferred stock, $0.0001 par value, 20,000,000 shares authorized; none issued and outstanding at December 31, 2016 and 2015, respectively	0	0
Common stock, $0.0001 par value, 100,000,000 shares authorized; 5,500,000 shares and 20,000,000 shares issued and outstanding at December 31, 2016 and 2015, respectively	550	2,000
Discount on common stock	(550)	(2,000)
Additional paid-in capital	2,919	312
Accumulated deficit	(21,292)	(1,312)
Total Stockholders' Deficit	(18,373)	(1,000)
Total Liabilities and Stockholders' Deficit	$ 0	$ 0

BALANCE SHEETS (Parenthetical)

BALANCE SHEETS (Parenthetical) - $ / shares	Dec. 31, 2016	Dec. 31, 2015
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	100,000,000	100,000,000
Common Stock, Shares, Issued	5,500,000	20,000,000
Common Stock, Shares, Outstanding	5,500,000	20,000,000

STATEMENTS OF OPERATIONS

STATEMENTS OF OPERATIONS - USD ($)	1 Months Ended	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2016
Revenue	$ 0	$ 0
Cost of Revenue	0	0
Gross Profit	0	0
Operating Expenses
General and administrative expenses	1,312	19,980
Total Operating Expenses	1,312	19,980
Operating Loss	(1,312)	(19,980)
Other Income (Expenses)	0	0
Loss From Operations Before Income Tax	(1,312)	(19,980)
Provision for Income Tax	0	0
Net Loss	$ (1,312)	$ (19,980)
Basic and Diluted Net Loss Per Share	$ 0	$ 0
Weighted Average Number of Shares Outstanding	20,000,000	11,310,109

STATEMENTS OF CHANGES IN STOCKH

STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY (DEFICIT) - USD ($)	Total	Common Stock [Member]	Discount On Common Stock [Member]	Additional Paid-in Capital [Member]	Retained Earnings [Member]
Balance at Dec. 11, 2015	$ 0	$ 0	$ 0	$ 0	$ 0
Balance (in shares) at Dec. 11, 2015		0
Issuance of shares	0	$ 2,000	(2,000)	0	0
Issuance of shares (in shares)		20,000,000
Stockholder contributions for company expenses	312	$ 0	0	312	0
Net loss	(1,312)	0	0	0	(1,312)
Balance at Dec. 31, 2015	(1,000)	$ 2,000	(2,000)	312	(1,312)
Balance (in shares) at Dec. 31, 2015		20,000,000
Redemption of shares	0	$ (1,950)	1,950	0	0
Redemption of shares (in shares)		(19,500,000)
Issuance of shares	0	$ 500	(500)	0	0
Issuance of shares (in shares)		5,000,000
Stockholder contributions for company expenses	2,607	$ 0	0	2,607	0
Net loss	(19,980)	0	0	0	(19,980)
Balance at Dec. 31, 2016	$ (18,373)	$ 550	$ (550)	$ 2,919	$ (21,292)
Balance (in shares) at Dec. 31, 2016		5,500,000

Statements of Cash Flows

Statements of Cash Flows - USD ($)	1 Months Ended	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2016
Cash Flows from Operating Activities
Net loss	$ (1,312)	$ (19,980)
Adjustment to reconcile net loss to net cash used in operating activities:
Expenses paid by stockholder contributed as capital	312	2,607
Changes in operating assets and liabilities
Increase in accrued liabilities	1,000	5,758
Net Cash Used in Operating Activities	0	(11,615)
Cash Flows from Financing Activities
Cash proceeds from related party to settle debt	0	11,615
Net Cash Provided by Financing Activities	0	11,615
Net Increase in Cash and Cash Equivalents	0	0
Cash and Cash Equivalents, Beginning of the Period	0	0
Cash and Cash Equivalents, End of the Period	0	0
Supplemental Disclosures of Cash Flow Information
Cash paid for income taxes	0	0
Cash paid for interest	0	0
Supplemental Non-Cash Investing and Financing Activities
Common stock issued to founders for no consideration	2,000	0
Common stock issued to officers for no consideration	$ 0	$ 500

NATURE OF OPERATIONS SUMMARY OF

NATURE OF OPERATIONS SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	12 Months Ended
	Dec. 31, 2016
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Organization, Consolidation and Presentation of Financial Statements Disclosure and Significant Accounting Policies [Text Block]	NOTE 1 – NATURE OF OPERATIONS SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Nature of Operations Lepora Holdings, Inc. (formerly Event Hill Acquisition Corporation) (the "Company") was incorporated on December 11, 2015 under the laws of the state of Delaware to engage in any lawful corporate undertaking, including, but not limited to, selected mergers and acquisitions. The Company registered its common stock on a Form 10 Registration Statement filed pursuant to the Securities and Exchange Act of 1934 (the “Exchange Act) and Rule 12 (g) thereof on January 7, 2016, by which it became a public reporting company. The Company has been formed to provide a method for a foreign or domestic private company to become a reporting company with a class of securities registered under the Securities Exchange Act of 1934. On December 11, 2015, the Company issued to the founders (two officers and directors) 20,000,000 0.0001 2,000 5,000,000 0.0001 19,500,000 20,000,000 Since the change in control, the Company plans to develop China and Asian markets for the sale of products which are designed to improve air, water, health and the home environment. The products include ParadisePURE water filtration systems which reduce pollutants produced by industry, agriculture and nature including chlorine, chloroform, herbicides, pesticides, lead, silver, arsenic, chromium and mercury and over 50 volatile organic compounds. ParadisePURE water filters also remove unpleasant odors and cloudiness and makes water better tasting while retaining naturally occurring beneficial minerals essential for good health. Other products include the ParadisePAD "health pad" which is intended to provide beneficial and enjoyable home therapy and comfort through the application of infrared waves, soothing heat, and hot micro-stone therapy. The Company believes that the demand for these products will be strong in the target markets in Asia where much of the water is polluted and air pollution commonly reaches dangerous levels and consumers are becoming increasingly health conscious.

SUMMARY OF SIGNIFICANT ACCOUNTI

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	12 Months Ended
	Dec. 31, 2016
Accounting Policies [Abstract]
Significant Accounting Policies [Text Block]	NOTE 2 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES The summary of significant accounting policies presented below are designed to assist in understanding the Company's financial statements. These financial statements and accompanying notes are the representations of the Company's management, who are responsible for their integrity and objectivity. These accounting policies conform to accounting principles generally accepted in the United States of America ("GAAP") in all material respects, and have been consistently applied in preparing the accompanying financial statements. 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 periods. Actual results may differ from those estimates. For the purposes of the Statement of Cash Flows, the Company considers liquid investments with an original maturity of three months or less to be a cash equivalent. The Company did not have cash equivalents at December 31, 2016 or 2015. Financial instruments that potentially subject the Company to concentrations of credit risk consist principally of cash. The Company places its cash with high quality banking institutions. The Company did not have cash balances in excess of the Federal Deposit Insurance Corporation limit at December 31, 2016 or 2015. The Company follows guidance for accounting for fair value measurements of financial assets and financial liabilities and for fair value measurements of non-financial items that are recognized or disclosed at fair value in the financial statements on a recurring basis. Additionally, the Company adopted guidance for fair value measurement related to non-financial items that are recognized and disclosed at fair value in the financial statements on a nonrecurring basis. The guidance establishes a fair value hierarchy that prioritizes the inputs to valuation techniques used to measure fair value. The hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1 measurements) and the lowest priority to measurements involving significant unobservable inputs (Level 3 measurements). The three levels of the fair value hierarchy are as follows: Level 1 inputs are quoted prices (unadjusted) in active markets for identical assets or liabilities that the Company has the ability to access at the measurement date. Level 2 inputs are inputs other than quoted prices included within Level 1 that are observable for the asset or liability, either directly or indirectly. Level 3 inputs are unobservable inputs for the asset or liability. The carrying amounts of financial assets such as cash approximate their fair values because of the short maturity of these instruments. The Company’s financial instruments principally consist of accrued liabilities and payable to a related party. Pursuant to ASC 820 and ASC 825, “ Financial Instruments” Under the Accounting Standards Codification (ASC) 740, "Income Taxes," deferred tax assets and liabilities are recognized for the future tax consequences attributable to temporary differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases. 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. Valuation allowances are established when it is more likely than not that some or all of deferred tax assets will not be realized. As of December 31, 2016 and 2015, there were no deferred taxes due to the uncertainty of the realization of net operating loss or carry forward prior to expiration. Basic earnings (loss) per common share are computed by dividing the loss applicable to common stock by the weighted average number of common shares outstanding. Diluted net loss per common share is computed by dividing the net loss applicable to common stock by the weighted average number of common shares outstanding for the period and, if dilutive, potential common shares outstanding during the period. Diluted loss per common share reflect the potential dilution that could occur if securities or other contracts to issue common stock were exercised or converted into common stock or resulted in the issuance of common stock that then shared in the loss of the entity. As of December 31, 2016 and 2015, there are no outstanding dilutive securities. In November 2016, the FASB issued Accounting Standards Update No. 2016-18, “ Statement of Cash Flows (Topic 230): Restricted Cash” (“ASU 2016-18”) In August 2016, the FASB issued ASU 2016-15, “ Statement of Cash Flows (Topic 230): Classification of Certain Cash Receipts and Cash Payments In May 2014, the FASB issued ASU 2014-09, Revenue from Contracts with Customers: Topic 606 In 2015, the FASB issued ASU No. 2015-17, “ Income Taxes” Balance Sheet Classification of Deferred Taxes In August 2014, the FASB issued ASU No. 2014-15, “ Presentation of Financial Statements—Going Concern

GOING CONCERN

GOING CONCERN	12 Months Ended
	Dec. 31, 2016
Going Concern [Abstract]
Substantial Doubt about Going Concern [Text Block]	NOTE 3 – GOING CONCERN The Company has not yet generated any revenue since inception to date and has sustained operating loss of $ 19,980 1,312 18,373 21,292 1,000 1,312 The accompanying financial statements have been prepared assuming the Company will continue as a going concern; however, the above condition raises substantial doubt about the Company's ability to do so. The financial statements do not include any adjustments to reflect the possible future effects on the recoverability and classification of assets or the amounts and classifications of liabilities that may result should the Company be unable to continue as a going concern.

ACCRUED LIABILITIES

ACCRUED LIABILITIES	12 Months Ended
	Dec. 31, 2016
Payables and Accruals [Abstract]
Accounts Payable and Accrued Liabilities Disclosure [Text Block]	NOTE 4 – ACCRUED LIABILITIES The Company has recorded accrued filing fees of $ 4,758 2,000 1,000

PAYABLE TO RELATED PARTY

PAYABLE TO RELATED PARTY	12 Months Ended
	Dec. 31, 2016
Related Party Transactions [Abstract]
Related Party Transactions Disclosure [Text Block]	– PAYABLE TO RELATED PARTY The Company has received cash advances from its Chief Executive Officer (“Officer”) for working capital requirements of the Company to settle its obligations in the normal course of business. The cash advances received are unsecured, non-interest bearing and due on demand. Cash advances received by the Company from its Officer were $ 11,615 0

COMMITMENTS AND CONTINGENCIES

COMMITMENTS AND CONTINGENCIES	12 Months Ended
	Dec. 31, 2016
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies Disclosure [Text Block]	– COMMITMENTS AND CONTINGENCIES LEGAL COSTS AND CONTINGENCIES In the normal course of business, the Company incurs costs to hire and retain external legal counsel to advise it on regulatory, litigation and other matters. The Company expenses these costs as the related services are received. If a loss is considered probable and the amount can be reasonable estimated, the Company recognizes an expense for the estimated loss. If the Company has the potential to recover a portion of the estimated loss from a third party, the Company makes a separate assessment of recoverability and reduces the estimated loss if recovery is also deemed probable.

STOCKHOLDERS' DEFICIT

STOCKHOLDERS' DEFICIT	12 Months Ended
	Dec. 31, 2016
Stockholders' Equity Note [Abstract]
Stockholders' Equity Note Disclosure [Text Block]	NOTE 7 – STOCKHOLDERS' DEFICIT The Company’s capitalization at December 31, 2016 was 100,000,000 0.0001 20,000,000 0.0001 Common Stock On December 11, 2015, the Company issued 20,000,000 0.0001 2,000 On May 26, 2016, the Company effected a change in control, and redeemed 19,500,000 20,000,000 On May 27, 2016, the Company issued 5,000,000 500 4,980,000 20,000 As a result of the above stock issuances, the Company has 5,500,000 Preferred Stock No shares of preferred stock are issued and outstanding at December 31, 2016.

SUBSEQUENT EVENT

SUBSEQUENT EVENT	12 Months Ended
	Dec. 31, 2016
Subsequent Events [Abstract]
Subsequent Events [Text Block]	NOTE 8 – SUBSEQUENT EVENT Management has evaluated subsequent events through March 30, 2017, the date which the financial statements were available to be issued. All subsequent events requiring recognition as of December 31, 2016 have been incorporated into these financial statements in accordance with FASB ASC Topic 855, " Subsequent Events

SUMMARY OF SIGNIFICANT ACCOUN15

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	12 Months Ended
	Dec. 31, 2016
Accounting Policies [Abstract]
Use of Estimates, Policy [Policy Text Block]	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, and the reported amounts of revenues and expenses during the reporting periods. Actual results may differ from those estimates.
Cash and Cash Equivalents, Policy [Policy Text Block]	Cash and Cash Equivalents For the purposes of the Statement of Cash Flows, the Company considers liquid investments with an original maturity of three months or less to be a cash equivalent. The Company did not have cash equivalents at December 31, 2016 or 2015.
Concentration Risk, Credit Risk, Policy [Policy Text Block]	Concentration of Risk Financial instruments that potentially subject the Company to concentrations of credit risk consist principally of cash. The Company places its cash with high quality banking institutions. The Company did not have cash balances in excess of the Federal Deposit Insurance Corporation limit at December 31, 2016 or 2015.
Fair Value of Financial Instruments, Policy [Policy Text Block]	Fair Value of Financial Instruments The Company follows guidance for accounting for fair value measurements of financial assets and financial liabilities and for fair value measurements of non-financial items that are recognized or disclosed at fair value in the financial statements on a recurring basis. Additionally, the Company adopted guidance for fair value measurement related to non-financial items that are recognized and disclosed at fair value in the financial statements on a nonrecurring basis. The guidance establishes a fair value hierarchy that prioritizes the inputs to valuation techniques used to measure fair value. The hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1 measurements) and the lowest priority to measurements involving significant unobservable inputs (Level 3 measurements). The three levels of the fair value hierarchy are as follows: Level 1 inputs are quoted prices (unadjusted) in active markets for identical assets or liabilities that the Company has the ability to access at the measurement date. Level 2 inputs are inputs other than quoted prices included within Level 1 that are observable for the asset or liability, either directly or indirectly. Level 3 inputs are unobservable inputs for the asset or liability. The carrying amounts of financial assets such as cash approximate their fair values because of the short maturity of these instruments. The Company’s financial instruments principally consist of accrued liabilities and payable to a related party. Pursuant to ASC 820 and ASC 825, “ Financial Instruments”
Income Tax, Policy [Policy Text Block]	Income Taxes Under the Accounting Standards Codification (ASC) 740, "Income Taxes," deferred tax assets and liabilities are recognized for the future tax consequences attributable to temporary differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases. 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. Valuation allowances are established when it is more likely than not that some or all of deferred tax assets will not be realized. As of December 31, 2016 and 2015, there were no deferred taxes due to the uncertainty of the realization of net operating loss or carry forward prior to expiration.
Earnings Per Share, Policy [Policy Text Block]	Earnings (loss) per Common Share Basic earnings (loss) per common share are computed by dividing the loss applicable to common stock by the weighted average number of common shares outstanding. Diluted net loss per common share is computed by dividing the net loss applicable to common stock by the weighted average number of common shares outstanding for the period and, if dilutive, potential common shares outstanding during the period. Diluted loss per common share reflect the potential dilution that could occur if securities or other contracts to issue common stock were exercised or converted into common stock or resulted in the issuance of common stock that then shared in the loss of the entity. As of December 31, 2016 and 2015, there are no outstanding dilutive securities.
New Accounting Pronouncements, Policy [Policy Text Block]	Recent Issued Accounting Standards In November 2016, the FASB issued Accounting Standards Update No. 2016-18, “ Statement of Cash Flows (Topic 230): Restricted Cash” (“ASU 2016-18”) In August 2016, the FASB issued ASU 2016-15, “ Statement of Cash Flows (Topic 230): Classification of Certain Cash Receipts and Cash Payments In May 2014, the FASB issued ASU 2014-09, Revenue from Contracts with Customers: Topic 606 In 2015, the FASB issued ASU No. 2015-17, “ Income Taxes” Balance Sheet Classification of Deferred Taxes In August 2014, the FASB issued ASU No. 2014-15, “ Presentation of Financial Statements—Going Concern

NATURE OF OPERATIONS SUMMARY 16

NATURE OF OPERATIONS SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details Textual) - USD ($)	1 Months Ended
	May 27, 2016	Dec. 31, 2016	Dec. 31, 2015	Dec. 11, 2015
Nature Of Operations And Basis Of Presentation [Line Items]
Common Stock, Shares, Issued		5,500,000	20,000,000
Common Stock, Par or Stated Value Per Share	$ 0.0001	$ 0.0001	$ 0.0001
Common Stock, Discount on Shares	$ 500	$ 550	$ 2,000
Stock Issued During Period, Shares, New Issues	5,000,000
Stock Redeemed or Called During Period, Shares	19,500,000
Common Stock, Shares, Outstanding	5,500,000	5,500,000	20,000,000
Officers and Directors Two [Member]
Nature Of Operations And Basis Of Presentation [Line Items]
Common Stock, Shares, Issued				20,000,000
Common Stock, Par or Stated Value Per Share				$ 0.0001
Common Stock, Discount on Shares				$ 2,000
Stock Issued During Period, Shares, New Issues	20,000

GOING CONCERN (Details Textual)

GOING CONCERN (Details Textual) - USD ($)	1 Months Ended	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2016	Dec. 31, 2015
Going Concern [Line Items]
Working Capital Deficit	$ 1,000	$ 18,373	$ 1,000
Operating Income (Loss)	(1,312)	(19,980)	1,312
Retained Earnings (Accumulated Deficit)	$ (1,312)	$ (21,292)	$ (1,312)

ACCRUED LIABILITIES (Details Te

ACCRUED LIABILITIES (Details Textual) - USD ($)	Dec. 31, 2016	Dec. 31, 2015
Accrued Liabilities [Line Items]
Accrued Professional Fees, Current	$ 2,000	$ 1,000
Other Accrued Liabilities, Current	$ 4,758

PAYABLE TO RELATED PARTY (Detai

PAYABLE TO RELATED PARTY (Details Textual) - USD ($)	Dec. 31, 2016	Dec. 31, 2015
Related Party Transaction [Line Items]
Accounts Payable, Related Parties, Current	$ 11,615	$ 0

STOCKHOLDERS' DEFICIT (Details

STOCKHOLDERS' DEFICIT (Details Textual) - USD ($)	1 Months Ended
	May 27, 2016	Dec. 31, 2016	Dec. 31, 2015	Dec. 11, 2015
Class of Stock [Line Items]
Common Stock, Shares, Issued		5,500,000	20,000,000
Common Stock, Par or Stated Value Per Share	$ 0.0001	$ 0.0001	$ 0.0001
Common Stock, Discount on Shares	$ 500	$ 550	$ 2,000
Stock Redeemed or Called During Period, Shares	19,500,000
Common Stock, Shares, Outstanding	5,500,000	5,500,000	20,000,000
Stock Issued During Period, Shares, New Issues	5,000,000
Preferred Stock, Shares Authorized		20,000,000	20,000,000
Preferred Stock, Par or Stated Value Per Share		$ 0.0001	$ 0.0001
Common Stock, Shares Authorized		100,000,000	100,000,000
Officers and Directors One [Member]
Class of Stock [Line Items]
Stock Issued During Period, Shares, New Issues	4,980,000
Officers and Directors Two [Member]
Class of Stock [Line Items]
Common Stock, Shares, Issued				20,000,000
Common Stock, Par or Stated Value Per Share				$ 0.0001
Common Stock, Discount on Shares				$ 2,000
Stock Issued During Period, Shares, New Issues	20,000