LeGall S-1/A 11 Dec 17 IPO registration (amended) Financial data

Document and Entity Information

Document and Entity Information	6 Months Ended
	Jun. 30, 2017
Document and Entity Information [Abstract]
Entity Registrant Name	LeGall Holdings Inc.
Entity Central Index Key	1,672,899
Amendment Flag	false
Document Type	S1
Document Period End Date	Jun. 30, 2017
Entity Filer Category	Smaller Reporting Company

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($)	Jun. 30, 2017	Dec. 31, 2016
CURRENT ASSETS
Cash	$ 1,561	$ 72
Total current assets	1,561	72
Total assets	1,561	72
CURRENT LIABILITIES
Accrued liabilities	8,038	6,238
Payable to related party	75,893	35,580
Accrued interest - related party	3,031	714
Total current liabilities	86,962	42,532
STOCKHOLDERS' DEFICIT
Preferred stock, $0.0001 par value 20,000,000 shares authorized; none issued and outstanding as of June 30, 2017 and December 31, 2016, respectively
Common stock; $0.0001 par value, 100,000,000 shares authorized; 6,255,500 shares issued and outstanding as of June 30, 2017 and December 31, 2016, respectively	626	626
Discount on common stock	(550)	(550)
Additional paid-in capital	1,688	1,688
Accumulated deficit	(87,165)	(44,224)
Total stockholders' deficit	(85,401)	(42,460)
TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT	$ 1,561	$ 72

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - $ / shares	Jun. 30, 2017	Dec. 31, 2016
Statement of Financial Position [Abstract]
Preferred stock, par value	$ 0.0001	$ 0.0001
Preferred stock, shares authorized	20,000,000	20,000,000
Preferred stock, shares issued
Preferred stock, shares outstanding
Common stock, par value	$ 0.0001	$ 0.0001
Common stock, shares authorized	100,000,000	100,000,000
Common stock, shares issued	6,255,500	6,255,500
Common stock, shares outstanding	6,255,500	6,255,500

Consolidated Statements of Oper

Consolidated Statements of Operations (Unaudited) - USD ($)	3 Months Ended		6 Months Ended	9 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Dec. 31, 2016
Income Statement [Abstract]
Revenues
Cost of revenues
Gross profit
General and administrative expenses	25,492	1,562	42,624	43,510
Operating loss	(25,492)	(1,562)	(42,624)	(43,510)
Other Income	2,000		2,000
Interest expense	(1,394)		(2,317)	(714)
Loss before income taxes	(24,886)	(1,562)	(42,941)	(44,224)
Provision for income taxes
Net loss	$ (24,886)	$ (1,562)	$ (42,941)	$ (44,224)
Net loss per share - basic and diluted	$ 0	$ 0	$ (0.01)	$ 0
Weighted average number of shares - basic and diluted	6,255,500	20,000,000	6,255,500	11,377,913

Statement of Stockholders' Defi

Statement of Stockholders' Deficit - USD ($)	Total	Common Stock	Additional Paid-in Capital	Discount On Common Stock	Accumulated Deficit
Beginning balance at Apr. 04, 2016
Beginning balance, shares at Apr. 04, 2016
Issuance of common stock		$ 2,000		(2,000)
Issuance of common stock, shares		20,000,000
Redemption of common stock		$ (1,950)		1,950
Redemption of common stock, shares		(19,500,000)
Issuance of common stock		$ 500		(500)
Issuance of common stock, shares		5,000,000
Issuance of common stock for acquisition of subsidiary	152	$ 26	126
Issuance of common stock for acquisition of subsidiary, shares		255,500
Issuance of common stock for cash	50	$ 50
Issuance of common stock for cash, shares		500,000
Expenses paid by stockholder and contributed as capital	1,562		1,562
Net loss	(44,224)
Ending balance at Dec. 31, 2016	(42,460)	$ 626	$ 1,688	$ (550)
Ending balance, shares at Dec. 31, 2016		6,255,500
Net loss	(42,941)
Ending balance at Jun. 30, 2017	$ (85,401)

Consolidated Statements of Cash

Consolidated Statements of Cash Flows (Unaudited) - USD ($)	3 Months Ended	6 Months Ended	9 Months Ended
	Jun. 30, 2016	Jun. 30, 2017	Dec. 31, 2016
OPERATING ACTIVITIES
Net loss	$ (1,562)	$ (42,941)	$ (44,224)
Adjustments to reconcile net loss to net cash used in operating activities:
Expenses paid by stockholder and contributed as capital	312		1,688
Changes in operating assets and liabilities
Accrued liabilities	1,250	1,800	6,238
Accrued interest		2,317	714
Net cash used in operating activities		(38,824)	(35,584)
FINANCING ACTIVITIES
Common stock issued for cash			76
Proceeds from loan from related party		40,313	35,580
Net cash provided by financing activities		40,313	35,656
NET INCREASE IN CASH		1,489	72
CASH AT BEGINNING OF PERIOD		72
CASH AT END OF PERIOD		1,561	72
CASH PAID FOR:
Interest
Income taxes
NON-CASH DISCLOSURES:
Common stock issued for acquisition of subsidiary		$ 152	$ 152

Description of Business and Bas

Description of Business and Basis of Presentation	6 Months Ended	9 Months Ended
	Jun. 30, 2017	Dec. 31, 2016
Description of Business and Basis of Presentation [Abstract]
DESCRIPTION OF BUSINESS AND BASIS OF PRESENTATION	NOTE 1 – DESCRIPTION OF BUSINESS AND BASIS OF PRESENTATION Nature of Operations As used herein and except as otherwise noted, the term “Company”, “it(s)”, “our”, “us”, “we” and “LeGall” shall mean LeGall Holdings, Inc., a Delaware corporation. LeGall Holdings, Inc., formerly known as Garnet Island Acquisition Corporation, was incorporated on April 4, 2016 under the laws of the state of Delaware. LeGall Holdings, Inc. (the “Company” or “LeGall”), is a development stage company designed as a global food & restaurant brand specializing in Caribbean and American cuisine and fine dining. The Company will operate a Caribbean restaurant brand known as “LE GRILLE”. The Company also intends to distribute its own proprietary line of Jerk Sauce. In May 2016, the Company filed a registration statement with the Securities and Exchange Commission on Form 10 by which it became a public reporting company. On September 28, 2016, the Company implemented a change of control by redeeming shares of existing shareholders, issuing shares to new shareholders, electing new officers and directors and accepting the resignations of its then existing officers and directors. In connection with the change of control, the shareholders of the Company and its board of directors unanimously approved the change of the Company’s name from Garnet Island Acquisition Corporation to LeGall Holdings Corporation. Subsequent to the change in control, on August 7 th Basis of Presentation On August 7, 2017, the Company announced that it had entered into an Agreement And Plan Of Reorganization (the “Share Exchange Agreement”) with Le’ Grille, LLC., a New Jersey Limited Liability Company (“LG”), and the controlling members of LG (the “LG Members”) (the “Acquisition”). Pursuant to the Share Exchange Agreement, the Company acquired 100% of the issued and outstanding equity of LG from the LG Members (the “LG Ownership”) and in exchange the Company issued to LG 255,500 shares of its common stock (the “LHI Shares”). As a result of the Share Exchange Agreement, LG became a wholly owned subsidiary of the Company. The Share Exchange Agreement contains customary representations, warranties and conditions to closing. The closing of the Share Exchange (the “Closing”) occurred upon LG providing the Company with audited financial statements, with such financial statements being prepared by an independent accounting firm registered with the Public Company Accounting Oversight Board (“PCAOB”). At the time of the Acquisition, there were three shareholders of the Company who were also members and managers of LG. LG has become a wholly owned subsidiary of the Company and the Company has taken over its operations and business plan. Prior to the Acquisition, the Company had no ongoing business or operations. Since the Company and LG were entities under common control prior to the Acquisition, the transaction is accounted for as a recapitalization/restructuring transaction. The Company has recast prior period financial statements to reflect the conveyance of LG’s members’ capital as if the restructuring had occurred as of the earliest date of the accompanying consolidated financial statements. These consolidated financial statements and related notes are presented in accordance with accounting principles generally accepted in the United States, and are expressed in U.S. dollars. The Company’s fiscal year-end is December 31. The accompanying unaudited consolidated financial statements have been prepared by the Company. In the opinion of management, all adjustments (which include normal recurring adjustments) necessary to present fairly the financial position, results of operations, and cash flows at June 30, 2017, and for all periods presented herein, have been made. Certain information and footnote disclosures normally present in annual consolidated financial statements prepared in accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”) were omitted pursuant to such rules and regulations. The results for the six months ended June 30, 2017, are not necessarily indicative of the results to be expected for the year ending December 31, 2017. Principles of Consolidation The accompanying consolidated financial statements include the accounts of LeGall Holdings, Inc. and its wholly owned subsidiary, Le’Grille, LLC (collectively, the “Company”). All intercompany accounts have been eliminated upon consolidation.	NOTE 1 – DESCRIPTION OF BUSINESS AND BASIS OF PRESENTATION Nature of Operations As used herein and except as otherwise noted, the term “Company”, “it(s)”, “our”, “us”, “we” and “LeGall” shall mean LeGall Holdings, Inc., a Delaware corporation. LeGall Holdings, Inc., formerly known as Garnet Island Acquisition Corporation, was incorporated on April 4, 2016 under the laws of the state of Delaware. LeGall Holdings, Inc. (the “Company” or “LeGall”), is a development stage company designed as a global food & restaurant brand specializing in Caribbean and American cuisine and fine dining. The Company will operate a Caribbean restaurant brand known as “LE GRILLE”. The Company also intends to distribute its own proprietary line of Jerk Sauce. In May 2016, the Company filed a registration statement with the Securities and Exchange Commission on Form 10 by which it became a public reporting company. On September 28, 2016, the Company implemented a change of control by redeeming shares of existing shareholders, issuing shares to new shareholders, electing new officers and directors and accepting the resignations of its then existing officers and directors. In connection with the change of control, the shareholders of the Company and its board of directors unanimously approved the change of the Company’s name from Garnet Island Acquisition Corporation to LeGall Holdings Inc. Basis of Presentation These financial statements and related notes are presented in accordance with accounting principles generally accepted in the United States, and are expressed in U.S. dollars. The Company’s fiscal year-end is December 31. Principles of Consolidation The accompanying consolidated financial statements include the accounts of LeGall Holdings, Inc. and its wholly owned subsidiary, Le’Grille, LLC (collectively, the “Company”). All intercompany accounts have been eliminated upon consolidation.

Going Concern

Going Concern	6 Months Ended	9 Months Ended
	Jun. 30, 2017	Dec. 31, 2016
Going Concern [Abstract]
GOING CONCERN	NOTE 2 – GOING CONCERN The Company has not yet generated any revenue since inception to date and has sustained operating loss of $42,941 during the six months ended June 30, 2017. The Company had a working capital deficit of $85,401 and an accumulated deficit of $87,165 as of June 30, 2017 and a working capital deficit of $42,460 and an accumulated deficit of $44,224 as of December 31, 2016. The Company’s continuation as a going concern is dependent on its ability to generate sufficient cash flows from operations to meet its obligations and/or obtaining additional financing from its members or other sources, as may be required. The accompanying unaudited consolidated financial statements have been prepared assuming that the Company will continue as a going concern; however, the above condition raises substantial doubt about the Company’s ability to do so. The unaudited consolidated 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. In order to maintain its current level of operations, the Company will require additional working capital from either cash flow from operations or from the sale of its equity. However, the Company currently has no commitments from any third parties for the purchase of its equity. If the Company is unable to acquire additional working capital, it will be required to significantly reduce its current level of operations.	NOTE 2 – GOING CONCERN The Company has not yet generated any revenue since inception to date and has sustained net loss of $44,224 during the period from April 4, 2016 (Inception) to December 31, 2016. The Company had a working capital deficit of $42,460 and an accumulated deficit of $44,224 as of December 31, 2016. The Company’s continuation as a going concern is dependent on its ability to generate sufficient cash flows from operations to meet its obligations and/or obtaining additional financing from its members or other sources, as may be required. The accompanying financial statements have been prepared assuming that 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. In order to maintain its current level of operations, the Company will require additional working capital from either cash flow from operations or from the sale of its equity. However, the Company currently has no commitments from any third parties for the purchase of its equity. If the Company is unable to acquire additional working capital, it will be required to significantly reduce its current level of operations.

Summary of Significant Accounti

Summary of Significant Accounting Policies	6 Months Ended	9 Months Ended
	Jun. 30, 2017	Dec. 31, 2016
Summary of Significant Accounting Policies [Abstract]
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	NOTE 3 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Use of Estimates The preparation of consolidated 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 at the date of the consolidated financial statements and the reported amounts of revenue and expenses during the reporting period. Actual results could differ from those estimates. Cash and Cash Equivalents The Company considers all highly liquid instruments with a maturity of three months or less at the time of issuance to be cash equivalents. The Company had cash and cash equivalents of $1,561 and $72 as of June 30, 2017 and December 31, 2016, respectively. Concentration of Credit 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 as of June 30, 2017 and December 31, 2016. Fair Value of Financial Instruments In accordance with ASC 820, the carrying value of cash and cash equivalents and accounts payable approximates fair value due to the short-term maturity of these instruments. ASC 820 clarifies the definition of fair value, prescribes methods for measuring fair value, and establishes a fair value hierarchy to classify the inputs used in measuring fair value as follows: Level 1- Inputs are unadjusted quoted prices in active markets for identical assets or liabilities available at the measurement date. Level 2- Inputs are unadjusted quoted prices for similar assets and liabilities in active markets, quoted prices for identical or similar assets and liabilities in markets that are not active, inputs other than quoted prices that are observable, and inputs derived from or corroborated by observable market data. Level 3- Inputs are unobservable inputs which reflect the reporting entity’s own assumptions on what assumptions the market participants would use in pricing the asset or liability based on the best available information. The carrying amounts reported in the balance sheets for cash, accounts payable and accrued expenses approximate their fair market value based on the short-term maturity of these instruments. Income Taxes Under 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 the deferred tax assets will not be realized. As of June 30, 2017 and December 31, 2016, there were no deferred taxes due to the uncertainty of the realization of net operating loss or carry forward prior to expiration. Basic and Diluted Net income (Loss) per Share Basic loss per common share excludes dilution and is computed by dividing net loss by the weighted average number of 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 June 30, 2017, there are no outstanding dilutive securities.	NOTE 3 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES 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 at the date of the financial statements and the reported amounts of revenue and expenses during the reporting period. Actual results could differ from those estimates. Cash and Cash Equivalents The Company considers all highly liquid instruments with a maturity of three months or less at the time of issuance to be cash equivalents. There were no cash equivalents as of December 31, 2016 Concentration of Credit 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 as of December 31, 2016. Fair Value of Financial Instruments In accordance with ASC 820, the carrying value of cash and cash equivalents and accounts payable approximates fair value due to the short-term maturity of these instruments. ASC 820 clarifies the definition of fair value, prescribes methods for measuring fair value, and establishes a fair value hierarchy to classify the inputs used in measuring fair value as follows: Level 1- Inputs are unadjusted quoted prices in active markets for identical assets or liabilities available at the measurement date. Level 2- Inputs are unadjusted quoted prices for similar assets and liabilities in active markets, quoted prices for identical or similar assets and liabilities in markets that are not active, inputs other than quoted prices that are observable, and inputs derived from or corroborated by observable market data. Level 3- Inputs are unobservable inputs which reflect the reporting entity’s own assumptions on what assumptions the market participants would use in pricing the asset or liability based on the best available information. The carrying amounts reported in the balance sheets for cash, accounts payable and accrued expenses approximate their fair market value based on the short-term maturity of these instruments. Income Taxes Under 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 the deferred tax assets will not be realized. As of December 31, 2016, there were no deferred taxes due to the uncertainty of the realization of net operating loss or carry forward prior to expiration. Basic and Diluted Net Loss Per Share Basic loss per common share excludes dilution and is computed by dividing net loss by the weighted average number of 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, there are no outstanding dilutive securities.

Accrued Liabilities

Accrued Liabilities	6 Months Ended	9 Months Ended
	Jun. 30, 2017	Dec. 31, 2016
Accrued Liabilities [Abstract]
ACCRUED LIABILITIES	NOTE 4 – ACCRUED LIABILITIES As of June 30, 2017 and December 31, 2016, the Company had $8,038 and $6,238 of accrued professional fees, respectively.	NOTE 4 – ACCRUED LIABILITIES As of December 31, 2016, the Company had $6,238 of accrued professional fees.

Payable to Related Party

Payable to Related Party	6 Months Ended	9 Months Ended
	Jun. 30, 2017	Dec. 31, 2016
Payable to Related Party [Abstract]
PAYABLE TO RELATED PARTY	NOTE 5 – PAYABLE TO RELATED PARTY As of June 30, 2017 and December 31, 2016, the Company had $75,893 and $35,580 of payable to related-party primarily as a result of operating expenses paid by Portia LeGall, the Company’s Co-Chief Executive Officer, respectively. The balance due bares 6% interest annually, unsecured, and due on demand. Accrued interest total $3,031 and $714 as of June 30, 2017 and December 31, 2016, respectively. Interest expense amounted to $2,317 for the six months ended June 30, 2017.	NOTE 5 – PAYABLE TO RELATED PARTY As of December 31, 2016, the Company had $35,580 of payable to related-party primarily as a result of operating expenses paid by Portia LeGall, the Company’s Co-Chief Executive Officer. There was no written agreement for the balance due which bares 6% interest annually, unsecured, and due on demand. Interest expense amounted to $714 for the period from April 4, 2016 (inception) to December 31, 2016.

Recent Accounting Pronouncement

Recent Accounting Pronouncements	6 Months Ended	9 Months Ended
	Jun. 30, 2017	Dec. 31, 2016
Recent Accounting Pronouncements [Abstract]
RECENT ACCOUNTING PRONOUNCEMENTS	NOTE 6 – RECENT ACCOUNTING PRONOUNCEMENTS 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 June 2016, the FASB issued Accounting Standards Update (“ASU”) 2016-13, “ Financial Instruments - Credit Losses 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	NOTE 6 – RECENT ACCOUNTING PRONOUNCEMENTS On November 20, 2015, FASB issued ASU-2015-17-Income Taxes. The Board is issuing this Update as part of its initiative to reduce complexity in accounting standards (the Simplification Initiative). The objective of the Simplification Initiative is to identify, evaluate, and improve areas of generally accepted accounting principles (GAAP) for which cost and complexity can be reduced while maintaining or improving the usefulness of the information provided to users of financial statements. Current GAAP requires an entity to separate deferred income tax liabilities and assets into current and noncurrent amounts in a classified statement of financial position. To simplify the presentation of deferred income taxes, the amendments in this Update require that deferred tax liabilities and assets be classified as noncurrent in a classified statement of financial position. The amendments in this Update apply to all entities that present a classified statement of financial position. The current requirement that deferred tax liabilities and assets of a tax-paying component of an entity be offset and presented as a single amount is not affected by the amendments in this Update. For public business entities, the amendments in this Update are effective for financial statements issued for annual periods beginning after December 15, 2016, and interim periods within those annual periods. Earlier application is permitted for all entities as of the beginning of an interim or annual reporting period. The Company is still in the process of evaluating future impact of adopting this standard.

Common Stock

Common Stock	6 Months Ended	9 Months Ended
	Jun. 30, 2017	Dec. 31, 2016
Common Stock [Abstract]
COMMON STOCK	NOTE 7 – COMMON STOCK On April 4, 2016, the Company issued 20,000,000 founders common stock to two prior directors, officers, and shareholders. On September 28, 2016, the Company redeemed 19,500,000 shares from the two prior owners. On September 29, 2016, the Company issued 5,000,000 of its common stock to effect a change in control. These shares were issued to four executives in the Company. During October and November 2016, the Company issued a total of 500,000 shares of its common stock to 35 unrelated investors for total proceeds of $50, or at par value of $0.0001 per share. On August 7, 2017, LeGall Holdings, Inc. announced that it had entered into a Share Exchange Agreement (the “Share Exchange Agreement”) with Le’ Grille, LLC., a New Jersey Limited Liability Company (“LG”), and the controlling members of LG (the “LG Members”) (the “Acquisition”). Pursuant to the Share Exchange Agreement, the Company acquired 100% of the issued and outstanding equity of LG from the LG Members (the “LG Ownership”) and in exchange the Company issued to LG 255,500 shares of its common stock (the “LHI Shares”). The Company is authorized to issue 100,000,000 shares of common stock and 20,000,000 shares of preferred stock. As of June 30, 2017, 6,255,500 shares of common stock and no preferred stock were issued and outstanding.	NOTE 7 – COMMON STOCK On April 4, 2016, the Company issued 20,000,000 founders common stock to two prior directors, officers, and shareholders. On September 28, 2016, the Company redeemed 19,500,000 shares from the two prior owners. On September 29, 2016, the Company issued 5,000,000 of its common stock to effect a change in control. These shares were issued to four executives in the Company. On October 7, 2016, the Company issued 20,000 shares of its common stock, for cash, at $0.0001 per share. On October 8, 2016, the Company issued 90,000 shares of its common stock, for cash, at $0.0001 per share. On October 14, 2016, the Company issued 10,000 shares of its common stock, for cash, at $0.0001 per share. On October 18, 2016, the Company issued 180,000 shares of its common stock, for cash, at $0.0001 per share. On October 19, 2016, the Company issued 10,000 shares of its common stock, for cash, at $0.0001 per share. On October 20, 2016, the Company issued 40,000 shares of its common stock, for cash, at $0.0001 per share. On October 22, 2016, the Company issued 40,000 shares of its common stock, for cash, at $0.0001 per share. On October 23, 2016, the Company issued 10,000 shares of its common stock, for cash, at $0.0001 per share. On October 24, 2016, the Company issued 30,000 shares of its common stock, for cash, at $0.0001 per share. On October 25, 2016, the Company issued 50,000 shares of its common stock, for cash, at $0.0001 per share. On October 26, 2016, the Company issued 10,000 shares of its common stock, for cash, at $0.0001 per share. On November 30, 2016, the Company issued 10,000 shares of its common stock, for cash, at $0.0001 per share. The Company is authorized to issue 100,000,000 shares of common stock and 20,000,000 shares of preferred stock. As of December 31, 2016, 6,000,000 shares of common stock and no preferred stock were issued and outstanding. On August 7, 2017, LeGall Holdings, Inc. announced that it had entered into a Share Exchange Agreement (the “Share Exchange Agreement”) with Le’ Grille, LLC., a New Jersey Limited Liability Company (“LG”), and the controlling members of LG (the “LG Members”) (the “Acquisition”). Pursuant to the Share Exchange Agreement, the Company acquired 100% of the issued and outstanding equity of LG from the LG Members (the “LG Ownership”) and in exchange the Company issued to LG 255,500 shares of its common stock (the “LHI Shares”).

Subsequent Events

Subsequent Events	6 Months Ended	9 Months Ended
	Jun. 30, 2017	Dec. 31, 2016
Subsequent Events [Abstract]
SUBSEQUENT EVENTS	NOTE 8 – SUBSEQUENT EVENTS Management has evaluated subsequent events, accordance with FASB ASC Topic 855, “Subsequent Events”, through September 18, 2017, the date which the consolidated financial statements were available to be issued. There were no subsequent events to be disclosed except as noted below. On August 7, 2017, LeGall Holdings, Inc. announced that it had entered into a Share Exchange Agreement (the “Share Exchange Agreement”) with Le’ Grille, LLC., a New Jersey Limited Liability Company (“LG”), and the controlling members of LG (the “LG Members”) (the “Acquisition”). Pursuant to the Share Exchange Agreement, the Company acquired 100% of the issued and outstanding equity of LG from the LG Members (the “LG Ownership”) and in exchange the Company issued to LG 255,500 shares of its common stock (the “LHI Shares”). As a result of the Share Exchange Agreement, LG became a wholly owned subsidiary of the Company. The Share Exchange Agreement contains customary representations, warranties and conditions to closing. The closing of the Share Exchange (the “Closing”) occurred upon LG providing LHI with audited financial statements, with such financial statements being prepared by an independent accounting firm registered with the Public Company Accounting Oversight Board (“PCAOB”). The Share Exchange Agreement was treated as a recapitalization of the Company for financial accounting purposes. LG was considered the acquirer for accounting purposes. The equity of LG is presented as the equity of the combined company and the members’ equity accounts of LG is adjusted to reflect the total value of the outstanding and issued common stock of the legal acquirer (LeGall Holdings, Inc.) after giving effect to the number of shares issued in the Share Exchange Agreement.	NOTE 8 – SUBSEQUENT EVENTS Management has evaluated subsequent events, accordance with FASB ASC Topic 855, “Subsequent Events”, through April 24, 2017, the date which the financial statements were available to be issued. There were no subsequent events to be disclosed except as noted below. On August 7, 2017, LeGall Holdings, Inc. announced that it had entered into a Share Exchange Agreement (the “Share Exchange Agreement”) with Le’ Grille, LLC., a New Jersey Limited Liability Company (“LG”), and the controlling members of LG (the “LG Members”) (the “Acquisition”). Pursuant to the Share Exchange Agreement, the Company acquired 100% of the issued and outstanding equity of LG from the LG Members (the “LG Ownership”) and in exchange the Company issued to LG 255,500 shares of its common stock (the “LHI Shares”). As a result of the Share Exchange Agreement, LG became a wholly owned subsidiary of the Company. The Share Exchange Agreement contains customary representations, warranties and conditions to closing. The closing of the Share Exchange (the “Closing”) occurred upon LG providing LHI with audited financial statements, with such financial statements being prepared by an independent accounting firm registered with the Public Company Accounting Oversight Board (“PCAOB”). The Share Exchange Agreement was treated as a recapitalization of the Company for financial accounting purposes. LG was considered the acquirer for accounting purposes. The equity of LG is presented as the equity of the combined company and the members’ equity accounts of LG is adjusted to reflect the total value of the outstanding and issued common stock of the legal acquirer (LeGall Holdings, Inc.) after giving effect to the number of shares issued in the Share Exchange Agreement.

Summary of Significant Accoun15

Summary of Significant Accounting Policies (Policies)	6 Months Ended	9 Months Ended
	Jun. 30, 2017	Dec. 31, 2016
Summary of Significant Accounting Policies [Abstract]
Use of Estimates	Use of Estimates The preparation of consolidated 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 at the date of the consolidated financial statements and the reported amounts of revenue and expenses during the reporting period. Actual results could differ from those estimates.	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 at the date of the financial statements and the reported amounts of revenue and expenses during the reporting period. Actual results could differ from those estimates.
Cash and Cash Equivalents	Cash and Cash Equivalents The Company considers all highly liquid instruments with a maturity of three months or less at the time of issuance to be cash equivalents. The Company had cash and cash equivalents of $1,561 and $72 as of June 30, 2017 and December 31, 2016, respectively.	Cash and Cash Equivalents The Company considers all highly liquid instruments with a maturity of three months or less at the time of issuance to be cash equivalents. There were no cash equivalents as of December 31, 2016
Concentration of Credit Risk	Concentration of Credit 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 as of June 30, 2017 and December 31, 2016.	Concentration of Credit 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 as of December 31, 2016.
Fair Value of Financial Instruments	Fair Value of Financial Instruments In accordance with ASC 820, the carrying value of cash and cash equivalents and accounts payable approximates fair value due to the short-term maturity of these instruments. ASC 820 clarifies the definition of fair value, prescribes methods for measuring fair value, and establishes a fair value hierarchy to classify the inputs used in measuring fair value as follows: Level 1- Inputs are unadjusted quoted prices in active markets for identical assets or liabilities available at the measurement date. Level 2- Inputs are unadjusted quoted prices for similar assets and liabilities in active markets, quoted prices for identical or similar assets and liabilities in markets that are not active, inputs other than quoted prices that are observable, and inputs derived from or corroborated by observable market data. Level 3- Inputs are unobservable inputs which reflect the reporting entity’s own assumptions on what assumptions the market participants would use in pricing the asset or liability based on the best available information. The carrying amounts reported in the balance sheets for cash, accounts payable and accrued expenses approximate their fair market value based on the short-term maturity of these instruments.	Fair Value of Financial Instruments In accordance with ASC 820, the carrying value of cash and cash equivalents and accounts payable approximates fair value due to the short-term maturity of these instruments. ASC 820 clarifies the definition of fair value, prescribes methods for measuring fair value, and establishes a fair value hierarchy to classify the inputs used in measuring fair value as follows: Level 1- Inputs are unadjusted quoted prices in active markets for identical assets or liabilities available at the measurement date. Level 2- Inputs are unadjusted quoted prices for similar assets and liabilities in active markets, quoted prices for identical or similar assets and liabilities in markets that are not active, inputs other than quoted prices that are observable, and inputs derived from or corroborated by observable market data. Level 3- Inputs are unobservable inputs which reflect the reporting entity’s own assumptions on what assumptions the market participants would use in pricing the asset or liability based on the best available information. The carrying amounts reported in the balance sheets for cash, accounts payable and accrued expenses approximate their fair market value based on the short-term maturity of these instruments.
Income Taxes	Income Taxes Under 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 the deferred tax assets will not be realized. As of June 30, 2017 and December 31, 2016, there were no deferred taxes due to the uncertainty of the realization of net operating loss or carry forward prior to expiration.	Income Taxes Under 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 the deferred tax assets will not be realized. As of December 31, 2016, there were no deferred taxes due to the uncertainty of the realization of net operating loss or carry forward prior to expiration.
Basic and Diluted Net income (Loss) per Share	Basic and Diluted Net income (Loss) per Share Basic loss per common share excludes dilution and is computed by dividing net loss by the weighted average number of 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 June 30, 2017, there are no outstanding dilutive securities.	Basic and Diluted Net Loss Per Share Basic loss per common share excludes dilution and is computed by dividing net loss by the weighted average number of 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, there are no outstanding dilutive securities.

Description of Business and B16

Description of Business and Basis of Presentation (Details) - shares	Aug. 07, 2017	Jun. 30, 2017	Dec. 31, 2016
Description of Business and Basis of Presentation (Textual)
Common stock, shares issued		6,255,500	6,255,500
LG Ownership [Member] | Subsequent Events [Member]
Description of Business and Basis of Presentation (Textual)
Acquired issued and outstanding equity percentage	100.00%
Common stock, shares issued	255,500

Going Concern (Details)

Going Concern (Details) - USD ($)	3 Months Ended		6 Months Ended	9 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Dec. 31, 2016
Going Concern (Textual)
Net loss	$ (24,886)	$ (1,562)	$ (42,941)	$ (44,224)
Working capital deficit	85,401		85,401	42,460
Accumulated deficit	$ (87,165)		$ (87,165)	$ (44,224)

Summary of Significant Accoun18

Summary of Significant Accounting Policies (Details) - USD ($)	Jun. 30, 2017	Dec. 31, 2016	Jun. 30, 2016	Apr. 04, 2016
Summary of Significant Accounting Policies (Textual)
Cash and cash equivalents value	$ 1,561	$ 72

Accrued Liabilities (Details)

Accrued Liabilities (Details) - USD ($)	Jun. 30, 2017	Dec. 31, 2016
Accrued Liabilities (Textual)
Accrued professional fees	$ 8,038	$ 6,238

Payable to Related Party (Detai

Payable to Related Party (Details) - USD ($)	6 Months Ended	9 Months Ended
	Jun. 30, 2017	Dec. 31, 2016
Payable to Related Party (Textual)
Payable to related party	$ 75,893	$ 35,580
Interest rate percentage	6.00%	6.00%
Interest expense amount	$ 2,317	$ 714
Accrued interest	$ 3,031	$ 714

Common Stock (Details)

Common Stock (Details)	Oct. 14, 2016$ / sharesshares	Oct. 08, 2016$ / sharesshares	Oct. 07, 2016$ / sharesshares	Apr. 04, 2016shares	Nov. 30, 2016USD ($)Investors$ / sharesshares	Oct. 31, 2016USD ($)Investors$ / sharesshares	Oct. 26, 2016$ / sharesshares	Oct. 25, 2016$ / sharesshares	Oct. 24, 2016$ / sharesshares	Oct. 23, 2016$ / sharesshares	Oct. 22, 2016$ / sharesshares	Oct. 20, 2016$ / sharesshares	Oct. 19, 2016$ / sharesshares	Oct. 18, 2016$ / sharesshares	Sep. 29, 2016shares	Sep. 28, 2016shares	Jun. 30, 2016USD ($)	Jun. 30, 2017USD ($)$ / sharesshares	Dec. 31, 2016USD ($)$ / sharesshares	Aug. 07, 2017shares
Common Stock (Textual)
Common stock, par value | $ / shares					$ 0.0001	$ 0.0001												$ 0.0001	$ 0.0001
Common stock, shares authorized																		100,000,000	100,000,000
Common stock, shares issued																		6,255,500	6,255,500
Common stock, shares outstanding																		6,255,500	6,255,500
Common stock issued by the founders					500,000	500,000
Preferred stock, shares authorized																		20,000,000	20,000,000
Preferred stock, shares issued
Preferred stock, shares outstanding
Number of unrelated investors | Investors					35	35
Proceeds from investors | $																			$ 76
LG Ownership [Member] | Subsequent Events [Member]
Common Stock (Textual)
Common stock, shares issued																				255,500
Acquired issued and outstanding equity percentage																				100.00%
Two Prior Directors, Officers, and Shareholders [Member]
Common Stock (Textual)
Common stock issued by the founders				20,000,000
Two Prior Owners [Member]
Common Stock (Textual)
Redeemed shares of common stock																19,500,000
Four Executives [Member]
Common Stock (Textual)
Common stock issued by the founders															5,000,000
Common Stock [Member]
Common Stock (Textual)
Common stock issued	10,000	90,000	20,000		10,000		10,000	50,000	30,000	10,000	40,000	40,000	10,000	180,000
Redeemed shares of common stock																			(19,500,000)
Issuance of common stock, shares																			5,000,000
Shares issued, price per share | $ / shares	$ 0.0001	$ 0.0001	$ 0.0001		$ 0.0001		$ 0.0001	$ 0.0001	$ 0.0001	$ 0.0001	$ 0.0001	$ 0.0001	$ 0.0001	$ 0.0001
Common stock issued by the founders																			20,000,000
Proceeds from investors | $					$ 50	$ 50

Subsequent Events (Details)

Subsequent Events (Details) - shares	Aug. 07, 2017	Jun. 30, 2017	Dec. 31, 2016
Subsequent Events (Textual)
Common stock, shares issued		6,255,500	6,255,500
Subsequent Events [Member] | LG Ownership [Member]
Subsequent Events (Textual)
Acquired issued and outstanding equity percentage	100.00%
Common stock, shares issued	255,500