Document and Entity Information
Document and Entity Information | 3 Months Ended |
Mar. 31, 2017 | |
Document And Entity Information | |
Entity Registrant Name | Anvia Holdings Corp |
Entity Central Index Key | 1,681,282 |
Document Type | S-1/A |
Document Period End Date | Mar. 31, 2017 |
Amendment Flag | true |
Amendment Description | This registration statement and the prospectus therein covers the registration of 3,796,700 shares of common stock offered by the holders thereof. |
Entity Filer Category | Smaller Reporting Company |
Condensed Balance Sheets
Condensed Balance Sheets - USD ($) | Mar. 31, 2017 | Dec. 31, 2016 |
Current Assets | ||
Cash and cash equivalents | $ 1,009 | |
Prepaid deposits | 4,278 | |
Total Current Assets | 5,287 | |
Total Assets | 5,287 | 0 |
Current Liabilities | ||
Accrued liabilities | 3,521 | 5,250 |
Payable to related party | 4,116 | |
Total Current Liabilities | 7,637 | 5,250 |
Total Liabilities | 7,637 | 5,250 |
Commitments and Contingencies (Note 5) | ||
Stockholders' Deficit | ||
Preferred stock value | ||
Common stock, $0.0001 par value, 100,000,000 shares authorized; 19,263,367 shares and 20,000,000 shares issued and outstanding at March 31, 2017 and at December 31, 2016, respectively | 1,926 | 2,000 |
Discount on common stock | (500) | |
Additional paid in capital | 29,488 | 312 |
Stock subscriptions received in advance | 475 | |
Stock subscriptions receivables | (1,277) | |
Deficit accumulated during development stage | (32,462) | (7,562) |
Total Stockholders' Deficit | (2,350) | (5,250) |
Total Liabilities and Stockholders' Deficit | 5,287 | 0 |
Series A Preferred Stock [Member] | ||
Stockholders' Deficit | ||
Preferred stock value |
Condensed Balance Sheets (Paren
Condensed Balance Sheets (Parenthetical) - $ / shares | Mar. 31, 2017 | Dec. 31, 2016 |
Preferred stock, par value | $ 0.0001 | $ 0.0001 |
Preferred stock, shares authorized | 20,000,000 | 20,000,000 |
Preferred stock, shares issued | 1,000 | |
Preferred stock, shares outstanding | 1,000 | |
Common stock, par value | $ 0.0001 | $ 0.0001 |
Common stock, shares authorized | 100,000,000 | 100,000,000 |
Common stock, shares issued | 19,263,367 | 20,000,000 |
Common stock, shares outstanding | 19,263,367 | 20,000,000 |
Series A Preferred Stock [Member] | ||
Preferred stock, par value | $ 0.0001 | $ 0.0001 |
Preferred stock, shares authorized | 20,000,000 | 20,000,000 |
Preferred stock, shares issued | 1,000 | |
Preferred stock, shares outstanding | 1,000 |
Condensed Statement of Operatio
Condensed Statement of Operations - USD ($) | 3 Months Ended | 5 Months Ended |
Mar. 31, 2017 | Dec. 31, 2016 | |
Income Statement [Abstract] | ||
Revenue | ||
Cost of Revenue | ||
Gross Profit | ||
Operating Expenses | ||
General and Administrative | 24,900 | |
Total Operating Expenses | 24,900 | 7,562 |
Operating Loss From Operations | (24,900) | (7,562) |
Loss From Operations Before Income Tax | (24,900) | (7,562) |
Provision For Income Tax | ||
Net Loss | $ (24,900) | $ (7,562) |
Basic and Diluted Net Loss Per Share | $ 0 | $ 0 |
Weighted Average Number of Shares Outstanding | 9,349,450 | 20,000,000 |
Statement of Stockholders' Defi
Statement of Stockholders' Deficit - USD ($) | Common Stock [Member] | Additional Paid-in Capital [Member] | Accumulated Deficit [Member] | Total |
Balance at Jul. 21, 2016 | ||||
Balance, shares at Jul. 21, 2016 | ||||
Issuance of common stock for services | $ 2,000 | 2,000 | ||
Issuance of common stock for services, shares | 20,000,000 | |||
Stockholder contributed company expenses | 312 | 312 | ||
Net loss | (7,562) | (7,562) | ||
Balance at Dec. 31, 2016 | $ 2,000 | $ 312 | $ (7,562) | (5,250) |
Balance, shares at Dec. 31, 2016 | 20,000,000 | |||
Issuance of common stock for services | ||||
Net loss | (24,900) | |||
Balance at Mar. 31, 2017 | $ (2,350) |
Condensed Statement of Cash Flo
Condensed Statement of Cash Flows - USD ($) | 3 Months Ended | 5 Months Ended |
Mar. 31, 2017 | Dec. 31, 2016 | |
Cash Flows from Operating Activities | ||
Net loss | $ (24,900) | $ (7,562) |
Adjustment to reconcile net loss to net cash used in operating activities: | ||
Expenses paid for by stockholder and contributed as capital | 312 | |
Common Stock issued for services | 2,000 | |
Redemption of common shares in connection with the change of control | (1,950) | |
Changes in operating assets and liabilities | ||
Prepaid deposits | (4,278) | |
Accrued liabilities | (1,729) | (5,250) |
Net Cash Used in Operating Activities | (32,857) | |
Cash Flows from Financing Activities | ||
Cash proceeds advanced from related party | 4,116 | |
Cash received for stock subscriptions received in advance | 475 | |
Cash proceeds from sales of common stock | 29,275 | |
Net Cash Provided by Financing Activities | 33,866 | |
Net Increase in Cash and Cash Equivalents | 1,009 | |
Cash and Cash Equivalents, Beginning of the Period | ||
Cash and Cash Equivalents, End of the Period | 1,009 | |
Supplemental Disclosures of Cash Flow Information | ||
Cash paid for income taxes | ||
Cash paid for interest | ||
Supplemental Disclosure of Non-cash Investing and Financing Activities: | ||
Common stock subscriptions receivable | 1,277 | |
Common stock issued to officer for no consideration | $ 500 |
Nature of Operations, Basis of
Nature of Operations, Basis of Presentation and Going Concern | 3 Months Ended |
Mar. 31, 2017 | |
Accounting Policies [Abstract] | |
Nature of Operations, Basis of Presentation and Going Concern | NOTE 1 – NATURE OF OPERATIONS, BASIS OF PRESENTATION AND GOING CONCERN As used herein and except as otherwise noted, the term “Company”, “it(s)”, “our”, “us”, “we”, and “ANVIA” shall mean Anvia Holdings Corporation, a Delaware corporation. Anvia Holdings Corporation (formerly Dove Street Acquisition Corporation) was incorporated on July 22, 2016 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 has been in the developmental stage since inception and its operations to date have been limited to issuing shares to its original shareholders, and friend and family. The Company is attempting to locate and negotiate with a business entity for the combination of that target company with the Company. On January 10, 2017, the Company effected a change of control by cancelling an aggregate of 19,500,000 shares of common stock of existing shareholders, issuing 5,000,000 shares of common stock to its sole officer and director; electing new officer and director and accepting the resignations of its then existing officers and directors. In connection with the change of control, the sole shareholder of the Company and its board of directors unanimously approved the change of the Company’s name from Dove Street Acquisition Corporation to Anvia Holdings Corporation. Basis of Presentation The accompanying interim condensed financial statements are unaudited, but in the opinion of management of the Company, contain all adjustments, which include normal recurring adjustments necessary to present fairly the financial position at March 31, 2017, and the results of operations and cash flows for the three months ended March 31, 2017. The balance sheet as of December 31, 2016 is derived from the Company’s audited financial statements. Certain information and footnote disclosures normally included in financial statements that have been prepared in accordance with generally accepted accounting principles have been condensed or omitted pursuant to the rules and regulations of the Securities and Exchange Commission, although management of the Company believes that the disclosures contained in these interim condensed financial statements are adequate to make the information presented therein not misleading. For further information, refer to the financial statements and the notes thereto contained in the Company’s 2016 Annual Report filed with the Securities and Exchange Commission on Form 10-K on April 11, 2017. Going Concern The Company’s financial statements are prepared using generally accepted accounting principles in the United States of America applicable to a going concern, which contemplates the realization of assets and the satisfaction of liabilities in the normal course of business. The Company has not yet generated any revenue and has sustained operating losses since July 22, 2016 (Inception Date) to date and allow it to continue as a going concern. The continuation of the Company as a going concern is dependent upon the continued financial support from its shareholders, the ability of the Company to obtain necessary financing to continue operations, and the attainment of profitable operations. The Company incurred a net loss of $24,900 from January 1, 2017 to March 31, 2017, used net cash in operating activities of $32,857, has a working capital deficit of $2,350, and has an accumulated deficit of $32,462 as of March 31, 2017. These factors, among others raise a substantial doubt regarding the Company’s ability to continue as a going concern. If the Company is unable to obtain adequate capital, it could be forced to cease operations. The accompanying financial statements do not include any adjustments to reflect the recoverability and classification of recorded asset amounts and classification of liabilities that might be necessary should the Company be unable to continue as a going concern. |
Nature of Operations and Summar
Nature of Operations and Summary of Significant Accounting Policies | 5 Months Ended |
Dec. 31, 2016 | |
Accounting Policies [Abstract] | |
Nature of Operations and Summary of Significant Accounting Policies | NOTE 1 - NATURE OF OPERATIONS AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES NATURE OF OPERATIONS Anvia Holdings Corporation (formerly Dove Street Acquisition Corporation) (“Anvia” or the “Company”) was incorporated on July 22, 2016 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 has been in the developmental stage since inception and its operations to date have been limited to issuing shares to its original shareholders. The Company will attempt to locate and negotiate with a business entity for the combination of that target company with the Company. The combination will normally take the form of a merger, stock-for-stock exchange or stock-for-assets exchange. In most instances, the target company will wish to structure the business combination to be within the definition of a tax-free reorganization under Section 351 or Section 368 of the Internal Revenue Code of 1986, as amended. No assurances can be given that the Company will be successful in locating or negotiating with any target 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. In January, 2017, in anticipation of the subsequent change in control, the Company filed a Form 8-K announcing the change in its name to Anvia Holdings Corporation. BASIS OF PRESENTATION The summary of significant accounting policies presented below is designed to assist in understanding the Company’s financial statements. Such 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 Company has not earned any revenue from operations since inception. Accordingly, the Company’s activities have been accounted for as those of a “Development Stage Enterprise” as set forth in ASC 915, “Development Stage Entities.” Among the disclosures required by ASC 915, are that the Company’s financial statements be identified as those of a development stage company, and that the statements of operations, stockholders’ equity and cash flows disclose activity since the date of the Company’s inception. The Company chose December 31 as its fiscal year end. USE OF ESTIMATES The preparation of financial statements in conformity with GAAP 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 could differ from those estimates. CASH AND CASH EQUIVALENTS Cash and cash equivalents include cash on hand and on deposit at banking institutions as well as all highly liquid short-term investments with original maturities of 90 days or less. The Company did not have cash equivalents as of December 31, 2016. 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 as of December 31, 2016. 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. LOSS PER COMMON 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. 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 nonfinancial 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 nonfinancial 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. |
Summary of Significant Accounti
Summary of Significant Accounting Policies | 3 Months Ended |
Mar. 31, 2017 | |
Accounting Policies [Abstract] | |
Summary of Significant Accounting Policies | NOTE 2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES The following summary of significant accounting policies of the Company is presented to assist in the understanding of the Company’s financial statements. The financial statements and notes are the representation of the Company’s management who is 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. Use of Estimates The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America (U.S. GAAP) requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. The Company regularly evaluates estimates and assumptions related to the valuation of accounts payable, accrued liabilities and payable to related party. The Company bases its estimates and assumptions on current facts, historical experience and various other factors that it believes to be reasonable under the circumstances, the results of which form the basis for making judgments about the carrying values of assets and liabilities and the accrual of costs and expenses that are not readily apparent from other sources. The actual results experienced by the Company may differ materially and adversely from the Company’s estimates. To the extent there are material differences between the estimates and the actual results, future results of operations will be affected. Cash and Cash Equivalents The Company considers all highly liquid instruments with maturity of three months or less at the time of issuance to be cash equivalents. The Company had a cash balance of $1,009 and $0 as of March 31, 2017 and December 31, 2016, respectively. 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 does not have the cash balances in excess of Federal Deposit Insurance Corporation limit at March 31, 2017 and December 31, 2016, respectively. Income Taxes The Company accounts for income taxes using the asset and liability method in accordance with ASC 740, “ Income Taxes” The Company follows the provisions of ASC 740-10, “ Accounting for Uncertain Income Tax Positions Earnings (Loss) Per Common Share The Company computes net earnings (loss) per share in accordance with ASC 260, “ Earnings per Share” Fair value of Financial Instruments and Fair Value Measurements ASC 820, “ Fair Value Measurements and Disclosures”, Level 1 Level 1 applies to assets or liabilities for which there are quoted prices in active markets for identical assets or liabilities. Level 2 Level 2 applies to assets or liabilities for which there are inputs other than quoted prices that are observable for the asset or liability such as quoted prices for similar assets or liabilities in active markets; quoted prices for identical assets or liabilities in markets with insufficient volume or infrequent transactions (less active markets); or model-derived valuations in which significant inputs are observable or can be derived principally from, or corroborated by, observable market data. If the asset or liability has a specified (contractual) term, the Level 2 input must be observable for substantially the full term of the asset or liability. Level 3 Level 3 applies to assets or liabilities for which there are unobservable inputs to the valuation methodology that are significant to the measurement of the fair value of the assets or liabilities. The Company’s financial instruments consist principally of cash, accrued liabilities and payable to related party. Pursuant to ASC 820, “ Fair Value Measurements and Disclosures” Financial Instruments” 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 |
Going Concern
Going Concern | 5 Months Ended |
Dec. 31, 2016 | |
Organization, Consolidation and Presentation of Financial Statements [Abstract] | |
Going Concern | NOTE 2 - GOING CONCERN The Company has not yet generated any revenue since inception to date and has sustained operating losses of $7,562 during the period from July 22, 2016 (Inception) to December 31, 2016. The Company had a working capital deficit of $5,250 and an accumulated deficit of $7,562 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. |
Recent Accounting Pronouncement
Recent Accounting Pronouncements | 5 Months Ended |
Dec. 31, 2016 | |
Accounting Changes and Error Corrections [Abstract] | |
Recent Accounting Pronouncements | NOTE 3 - 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”). The new guidance is intended to reduce diversity in practice by adding or clarifying guidance on classification and presentation of changes in restricted cash on the statement of cash flows. ASU 2016-18 is effective for annual and interim periods beginning after December 15, 2017. Early adoption is permitted. The amendments in this update should be applied retrospectively to all periods presented. The Company is currently evaluating the impact of adopting ASU 2016-18, which will only impact the Company if it has restricted cash in the future. In August 2016, the FASB issued ASU 2016-15, “Statement of Cash Flows (Topic 230): Classification of Certain Cash Receipts and Cash Payments” (“ASU 2016-15”). ASU 2016-15 will make eight targeted changes to how cash receipts and cash payments are presented and classified in the statement of cash flows. ASU 2016-15 is effective for fiscal years beginning after December 15, 2017. The new standard will require adoption on a retrospective basis unless it is impracticable to apply, in which case it would be required to apply the amendments prospectively as of the earliest date practicable. The Company is currently in the process of evaluating the impact of ASU 2016-15 on its condensed financial statements. In August 2014, the FASB issued ASU No. 2014-15, “Presentation of Financial Statements Going Concern (Subtopic 205-40): Disclosure of Uncertainties about an Entity’s Ability to Continue as a Going Concern”. This standard is intended to define management’s responsibility to evaluate whether there is substantial doubt about an organization’s ability to continue as a going concern and to provide related footnote disclosures. Under U.S. GAAP, financial statements are prepared under the presumption that the reporting organization will continue to operate as a going concern, except in limited circumstances. Financial reporting under this presumption is commonly referred to as the going concern basis of accounting. The going concern basis of accounting is critical to financial reporting because it establishes the fundamental basis for measuring and classifying assets and liabilities. Currently, U.S. GAAP lacks guidance about management’s responsibility to evaluate whether there is substantial doubt about the organization’s ability to continue as a going concern or to provide related footnote disclosures. This ASU provides guidance to an organization’s management, with principles and definitions that are intended to reduce diversity in the timing and content of disclosures that are commonly provided by organizations today in the financial statement footnotes. The amendments are effective for annual periods ending after December 15, 2016, and interim periods within annual periods beginning after December 15, 2016. Early application is permitted for annual or interim reporting periods for which the financial statements have not previously been issued. The Company is currently evaluating the impact of this accounting standard. Other recent accounting pronouncements issued by the FASB (including its Emerging Issues Task Force) and the United States Securities and Exchange Commission did not or are not believed by management to have a material impact on the Company’s present or future financial statements. |
Prepaid Deposit
Prepaid Deposit | 3 Months Ended |
Mar. 31, 2017 | |
Prepaid Deposit | |
Prepaid Deposit | NOTE 3 – PREPAID DEPOSIT The Company had prepaid deposits of $4,278 and $0 at March 31, 2017 and December 31, 2016, respectively. The prepaid deposits of $4,278 at March 31, 2017 consisted of $3,700 prepaid to a third party for performing due diligence for future potential acquisition targets and $578 security deposit for the lease commitment (Note 6). |
Accrued Liabilities
Accrued Liabilities | 3 Months Ended | 5 Months Ended |
Mar. 31, 2017 | Dec. 31, 2016 | |
Payables and Accruals [Abstract] | ||
Accrued Liabilities | NOTE 4 – ACCRUED LIABILITIES The Company had accrued professional fees of $3,251 and $5,250 at March 31, 2017 and December 31, 2016, respectively. | NOTE 4 - ACCRUED LIABILITIES As of December 31, 2016, the Company had accrued professional fees of $5,250. |
Related Party Transactions
Related Party Transactions | 3 Months Ended |
Mar. 31, 2017 | |
Related Party Transactions [Abstract] | |
Related Party Transactions | NOTE 5 – RELATED PARTY TRANSACTIONS Payable to related party amounted to $4,116 and $0 at March 31, 2017 and December 31, 2016, respectively, consists of funds advanced to the Company by its President for the its working capital needs. Funds advanced to the Company by the President are non-interest bearing, unsecured and due on demand. On January 11, 2017, the Company issued 5,000,000 shares of its common stock to its President, an officer and director of the Company valued at $500. The Company recorded a discount of the same amount as no consideration was paid to these shares. On February 16, 2017, the Company issued to a family member of the President of the Company 1,000,000 shares of its common stock for total proceeds of $1,000. On February 16, 2017, the Company issued to an officer and director of the Company, an aggregate of 5,000,000 shares of its common stock in exchange for total proceeds of $5,000. In February 2017, the Company issued to its President an aggregate of 600 Series A preferred shares for total proceeds of $0.06. In addition, in February 2017, the Company issued to an officer and director an aggregate of 400 Series A Preferred Stock shares for total proceeds of $0.04. |
Commitments and Contingencies
Commitments and Contingencies | 3 Months Ended |
Mar. 31, 2017 | |
Commitments and Contingencies Disclosure [Abstract] | |
Commitments and Contingencies | NOTE 6 – COMMITMENTS AND CONTINGENCIES On February 9, 2017, the Company executed an operating lease agreement for its principal office with the lease commencing February 10, 2017 and terminating on February 28, 2018. The Company agreed to pay a monthly rent of $289 and paid a security deposit of $578 on February 9, 2017 upon the execution of the lease. Future minimum lease commitments of the Company are as follows: Amount For the years ending December 31, 2017 $ 2,601 2018 578 Total $ 3,179 The Company recorded the rent expense of $495 for the three months ended March 31, 2017. 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' Equity (Defict)
Stockholders' Equity (Defict) | 3 Months Ended | 5 Months Ended |
Mar. 31, 2017 | Dec. 31, 2016 | |
Equity [Abstract] | ||
Stockholders’ Equity | NOTE 7 – STOCKHOLDERS’ EQUITY The Company’s capitalization at March 31, 2017 was 100,000,000 authorized common shares with a par value of $0.0001 per share, and 20,000,000 authorized preferred shares with a par value of $0.0001 per share. Common Stock On July 22, 2016, the Company issued 20,000,000 shares of its common stock, at par value of $0.0001 per share, to two directors and officers for the services performed at $2,000. On January 10, 2017, the Company effectuated a change in control and redeemed 19,500,000 shares of its then outstanding 20,000,000 shares of common stock upon the resignation of two officers and directors. No consideration was paid out or will be paid out as a result of the cancellation of these shares; and no consideration was paid out by the Company to the former executives of the Company that resigned as a result of the change in control; On January 11, 2017, the Company issued 5,000,000 shares of its common stock at par value and at a discount of $500, accepted resignation of two officers and directors, and pursuant to Section 4(2) of the Securities Act of 1933, appointed David Meyers, to be the Company’s Chief Executive Officer, the sole officer and director. The former officers and directors of the Company contributed as additional paid in capital in settlement of Company’s expenses of $312 as of December 31, 2016. On February 16, 2017, the Company issued to a family member of the President of the Company 1,000,000 shares of its common stock for total proceeds of $1,000. On February 16, 2017, the Company issued to an officer and director of the Company, an aggregate of 5,000,000 shares of its common stock for total proceeds of $500, or at $0.0001 per share. During the three months ended March 31, 2017, the Company sold 12,486,700 shares of its common stock to the friends and family (“Investors”) and raised capital of $29,275, or at $0.0023 per share. All the stock certificates issued to the Investors have been affixed with an appropriate legend restricting sales and transfers. Based on the foregoing, the Company has issued the shares in reliance upon the exemptions from registration provided by Section 4a (2) of the Securities Act of 1933. In addition, the Company issued 1,276,667 shares of common stock to certain investors and recorded subscription receivable of $1,277 as of March 31, 2017, or at $0.001 per share. The Company has received in advance $475 for subscription deposits for which the Company has not issued 475,360 shares of common stock as of March 31, 2017. As a result of all common stock issuances, the total issued and outstanding shares of common stock at March 31, 2017 and December 31, 2016 were 19,263,367 and 20,000,000, respectively. Preferred stock Series A Preferred Stock The Company’s directors and officers, have beneficial ownership of the entire class of the Company’s Series A Preferred Stock, which voting together as a class, have the right to vote 51% of the Company’s voting shares on any and all shareholder matters (the “Majority Voting Rights”). Additionally, the Company shall not adopt any amendments to the Company’s Bylaws, Articles of Incorporation, as amended, make any changes to the Certificate of Designations establishing the Series A Preferred Stock, or effect any reclassification of the Series A Preferred Stock, without the affirmative vote of at least 60% of the outstanding shares of Series A Preferred Stock. However, the Company may, by any means authorized by law and without any vote of the holders of shares of Series A Preferred Stock, make technical, corrective, administrative or similar changes to such Certificate of Designations that do not, individually or in the aggregate, adversely affect the rights or preferences of the holders of shares of Series A Preferred Stock. Other than the Majority Voting Rights, our Series A Preferred Stock does not have any other dividend, liquidation, conversion, or redemption rights, whatsoever; provided, however, he Series A Preferred Stock and the rights associated therewith, could act to prevent or delay a change in control. In February, 2017, the Company issued 600 shares of Series A preferred stock to its President for total proceeds of $0.06, and 400 shares of Series A preferred shares to an officer and director for total proceeds of $0.04. At March 31, 2017, the Company has 1,000 shares of Series A preferred stock issued and outstanding. | NOTE 5 - STOCKHOLDERS’ DEFICIT On July 22, 2016, the Company issued 20,000,000 founders common stock to two directors and officers pro rata as founder shares for services rendered to the Company, valued at $0.0001 par value per share, for a total of $2,000. 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, 20,000,000 shares of common stock and no preferred stock were issued and outstanding. |
Subsequent Events
Subsequent Events | 3 Months Ended | 5 Months Ended |
Mar. 31, 2017 | Dec. 31, 2016 | |
Subsequent Events [Abstract] | ||
Subsequent Events | NOTE 8 – SUBSEQUENT EVENTS In May 2017, the Company issued 140,000 shares of its common stock to 2 shareholders in exchange for total proceeds of $70,000. Management has evaluated subsequent events through May 15, 2017, the date the financial statements were available to be issued, noting no items that would impact the accounting for events or transactions in the current period or require additional disclosure. | NOTE 6 - SUBSEQUENT EVENTS On January 10, 2017, the Company effected a change of its control. The Company cancelled an aggregate of 19,500,000 shares of the then 20,000,000 shares of outstanding stock valued at par. No consideration was paid out or will be paid out as a result of the cancellation of these shares; and no consideration was paid out by the Company to the former executives of the Company that resigned as a result of the change in control; provided, however, Mr. Ali Kasa, in his capacity as an individual, paid $100,000 to Tiber Creek Corporation (“Tiber Creek”) in connection with services rendered by Tiber Creek. James M. Cassidy resigned as the Company’s president, secretary and director and James McKillop resigned as the Company’s vice president and director. Ali Kasa was then named sole director of the Company and was named President, Secretary and Chief Financial Officer of the Company. On January 11, 2017, the Company issued 5,000,000 shares of its common stock to its then sole officer and director, Ali Kasa. In March 2017, the Company issued 5,000,000 shares to Waleed Badurik for services. Mr. Badurik has been appointed a director of the Company and serves as Chief Technology Officer. The Company designated 1,000 shares of its preferred stock as Series A Preferred Stock (the “Series A Designation”). The holders of the Series A Preferred Stock voting as a class have a voting power equal to 51% of the total vote on all shareholder matters. In addition, under Section 2 of the Series A Designation, the Company is prohibited from making any changes to the Series A designation without the affirmative vote of at least 60% of the outstanding shares of Series A. The Company issued 600 shares of its Series A Preferred Stock to Ali Kasa, a director and its president and 400 shares of its Series A Preferred Stock to Waleed Badurik, a director and its chief technology officer. In March 2017, the Company issued an aggregate of an additional 8,763,367 shares of common stock to 32 investors pursuant to Regulation D of the Rules and Regulations of the Securities and Exchange Commission for an aggregate of $29,900. On March 22, 2017, Anvia and All Crescent Sdn Bhd (“All Crescent”) entered into a non-binding preliminary agreement (the “All Crescent Acquisition”). Under the terms of the proposed All Crescent Acquisition, the Company shall pay $200,000 U.S. Dollars in exchange for a 51% equity stake in All Crescent. At the time of closing of the All Crescent Acquisition, among other things, All Crescent shall (1) own 100% of the issued and outstanding capital stock of Sage Interactive Sdn Bhd and 100% of the issued and outstanding capital stock of Sage Interactive MSC Sdn Bhd (collectively “Sage Interactive”); and (2) own 5% of the issued and outstanding capital stock of Celex Media Sdn Bhd (“Celex”). There is no binding definitive agreement at this time. |
Nature of Operations and Summ18
Nature of Operations and Summary of Significant Accounting Policies (Policies) | 3 Months Ended | 5 Months Ended |
Mar. 31, 2017 | Dec. 31, 2016 | |
Accounting Policies [Abstract] | ||
Nature of Operations | NATURE OF OPERATIONS Anvia Holdings Corporation (formerly Dove Street Acquisition Corporation) (“Anvia” or the “Company”) was incorporated on July 22, 2016 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 has been in the developmental stage since inception and its operations to date have been limited to issuing shares to its original shareholders. The Company will attempt to locate and negotiate with a business entity for the combination of that target company with the Company. The combination will normally take the form of a merger, stock-for-stock exchange or stock-for-assets exchange. In most instances, the target company will wish to structure the business combination to be within the definition of a tax-free reorganization under Section 351 or Section 368 of the Internal Revenue Code of 1986, as amended. No assurances can be given that the Company will be successful in locating or negotiating with any target 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. In January, 2017, in anticipation of the subsequent change in control, the Company filed a Form 8-K announcing the change in its name to Anvia Holdings Corporation. | |
Basis of Presentation | BASIS OF PRESENTATION The summary of significant accounting policies presented below is designed to assist in understanding the Company’s financial statements. Such 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 Company has not earned any revenue from operations since inception. Accordingly, the Company’s activities have been accounted for as those of a “Development Stage Enterprise” as set forth in ASC 915, “Development Stage Entities.” Among the disclosures required by ASC 915, are that the Company’s financial statements be identified as those of a development stage company, and that the statements of operations, stockholders’ equity and cash flows disclose activity since the date of the Company’s inception. The Company chose December 31 as its fiscal year end. | |
Use of Estimates | Use of Estimates The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America (U.S. GAAP) requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. The Company regularly evaluates estimates and assumptions related to the valuation of accounts payable, accrued liabilities and payable to related party. The Company bases its estimates and assumptions on current facts, historical experience and various other factors that it believes to be reasonable under the circumstances, the results of which form the basis for making judgments about the carrying values of assets and liabilities and the accrual of costs and expenses that are not readily apparent from other sources. The actual results experienced by the Company may differ materially and adversely from the Company’s estimates. To the extent there are material differences between the estimates and the actual results, future results of operations will be affected. | USE OF ESTIMATES The preparation of financial statements in conformity with GAAP 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 could differ from those estimates. |
Cash and Cash Equivalents | Cash and Cash Equivalents The Company considers all highly liquid instruments with maturity of three months or less at the time of issuance to be cash equivalents. The Company had a cash balance of $1,009 and $0 as of March 31, 2017 and December 31, 2016, respectively. | CASH AND CASH EQUIVALENTS Cash and cash equivalents include cash on hand and on deposit at banking institutions as well as all highly liquid short-term investments with original maturities of 90 days or less. The Company did not have cash equivalents as of December 31, 2016. |
Concentration of Risk | 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 does not have the cash balances in excess of Federal Deposit Insurance Corporation limit at March 31, 2017 and December 31, 2016, respectively. | 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 as of December 31, 2016. |
Income Taxes | Income Taxes The Company accounts for income taxes using the asset and liability method in accordance with ASC 740, “ Income Taxes” The Company follows the provisions of ASC 740-10, “ Accounting for Uncertain Income Tax Positions | 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. |
Earnings (Loss) Per Common Share | Earnings (Loss) Per Common Share The Company computes net earnings (loss) per share in accordance with ASC 260, “ Earnings per Share” | LOSS PER COMMON 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. |
Fair value of Financial Instruments and Fair Value Measurements | Fair value of Financial Instruments and Fair Value Measurements ASC 820, “ Fair Value Measurements and Disclosures”, Level 1 Level 1 applies to assets or liabilities for which there are quoted prices in active markets for identical assets or liabilities. Level 2 Level 2 applies to assets or liabilities for which there are inputs other than quoted prices that are observable for the asset or liability such as quoted prices for similar assets or liabilities in active markets; quoted prices for identical assets or liabilities in markets with insufficient volume or infrequent transactions (less active markets); or model-derived valuations in which significant inputs are observable or can be derived principally from, or corroborated by, observable market data. If the asset or liability has a specified (contractual) term, the Level 2 input must be observable for substantially the full term of the asset or liability. Level 3 Level 3 applies to assets or liabilities for which there are unobservable inputs to the valuation methodology that are significant to the measurement of the fair value of the assets or liabilities. The Company’s financial instruments consist principally of cash, accrued liabilities and payable to related party. Pursuant to ASC 820, “ Fair Value Measurements and Disclosures” Financial Instruments” | 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 nonfinancial 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 nonfinancial 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. |
Recent Accounting Pronouncements | 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 |
Commitments and Contingencies (
Commitments and Contingencies (Tables) | 3 Months Ended |
Mar. 31, 2017 | |
Commitments and Contingencies Disclosure [Abstract] | |
Schedule of Future Minimum Lease Payments | Future minimum lease commitments of the Company are as follows: Amount For the years ending December 31, 2017 $ 2,601 2018 578 Total $ 3,179 |
Nature of Operations, Basis o20
Nature of Operations, Basis of Presentation and Going Concern (Details Narrarive) - USD ($) | 3 Months Ended | 5 Months Ended |
Mar. 31, 2017 | Dec. 31, 2016 | |
Accounting Policies [Abstract] | ||
Number of common shares cancelled | 19,500,000 | |
Number of common shares issued | 5,000,000 | |
Net loss | $ 24,900 | $ 7,562 |
Net cash in operating activities | 32,857 | |
Working capital deficit | 2,350 | 5,250 |
Accumulated deficit | $ 32,462 | $ 7,562 |
Summary of Significant Accoun21
Summary of Significant Accounting Policies (Details Narrative) - USD ($) | Mar. 31, 2017 | Dec. 31, 2016 | Jul. 21, 2016 |
Accounting Policies [Abstract] | |||
Cash balance | $ 1,009 |
Going Concern (Details Narrariv
Going Concern (Details Narrarive) - USD ($) | 3 Months Ended | 5 Months Ended |
Mar. 31, 2017 | Dec. 31, 2016 | |
Organization, Consolidation and Presentation of Financial Statements [Abstract] | ||
Operating losses | $ 24,900 | $ 7,562 |
Working capital deficit | 2,350 | 5,250 |
Accumulated deficit | $ 32,462 | $ 7,562 |
Prepaid Deposit (Details Narrat
Prepaid Deposit (Details Narrative) - USD ($) | Mar. 31, 2017 | Dec. 31, 2016 |
Prepaid Deposit Details Narrative | ||
Prepaid deposits | $ 4,278 | $ 0 |
Prepaid to a third party | 3,700 | |
Security deposit for the lease commitment | $ 578 |
Accrued Liabilities (Details Na
Accrued Liabilities (Details Narrative) - USD ($) | Mar. 31, 2017 | Dec. 31, 2016 |
Payables and Accruals [Abstract] | ||
Accrued professional fees | $ 3,251 | $ 5,250 |
Related Party Transactions (Det
Related Party Transactions (Details Narrative) - USD ($) | Feb. 16, 2017 | Jan. 11, 2017 | Feb. 28, 2017 | Mar. 31, 2017 | Dec. 31, 2016 |
Payable to related party | $ 4,116 | ||||
Number of common stock issued | 5,000,000 | ||||
Proceeds from issuance of common stock | $ 29,275 | ||||
Officer and Director [Member] | |||||
Number of common stock issued | 5,000,000 | 5,000,000 | |||
Value of common stock issued | $ 500 | ||||
Proceeds from issuance of common stock | $ 5,000 | ||||
Stock issued price per share | $ 0.04 | ||||
Officer and Director [Member] | Series A Preferred Stock [Member] | |||||
Number of common stock issued | 400 | ||||
Stock issued price per share | $ 0.04 | ||||
Family Member of President [Member] | |||||
Number of common stock issued | 1,000,000 | ||||
Proceeds from issuance of common stock | $ 1,000 | ||||
President [Member] | |||||
Stock issued price per share | $ 0.06 | ||||
President [Member] | Series A Preferred Stock [Member] | |||||
Number of common stock issued | 600 | ||||
Stock issued price per share | $ 0.06 |
Commitments and Contingencies26
Commitments and Contingencies (Details Narrative) | 3 Months Ended |
Mar. 31, 2017USD ($) | |
Commitments and Contingencies Disclosure [Abstract] | |
Monthly rent | $ 289 |
Security deposit | 578 |
Rent expense | $ 495 |
Commitments and Contingencies -
Commitments and Contingencies - Schedule of Future Minimum Lease Payments (Details) | Mar. 31, 2017USD ($) |
Commitments and Contingencies Disclosure [Abstract] | |
2,017 | $ 2,601 |
2,018 | 578 |
Total | $ 3,179 |
Stockholders' Deficit (Details
Stockholders' Deficit (Details Narrative) (10K) - USD ($) | Jul. 23, 2016 | Jul. 23, 2016 | Mar. 31, 2017 | Dec. 31, 2016 | Jan. 11, 2017 | Jan. 10, 2017 |
Common stock, par value | $ 0.0001 | |||||
Issuance of common stock for service, value | $ (2,000) | |||||
Common stock, shares authorized | 100,000,000 | 100,000,000 | ||||
Preferred stock, shares authorized | 20,000,000 | 20,000,000 | ||||
Common stock, shares issued | 19,263,367 | 20,000,000 | ||||
Common stock, shares outstanding | 19,263,367 | 20,000,000 | ||||
Preferred stock, shares issued | 1,000 | |||||
Preferred stock, shares outstanding | 1,000 | |||||
Two Directors and Officers [Member] | ||||||
Number of shares issued for services | 20,000,000 | 20,000,000 | ||||
Common stock, par value | $ 0.0001 | $ 0.0001 | ||||
Issuance of common stock for service, value | $ 2,000 | $ 2,000 | ||||
Common stock, shares issued | 5,000,000 | |||||
Common stock, shares outstanding | 20,000,000 |
Stockholders_ Equity (Details N
Stockholders’ Equity (Details Narrative) (10Q) - USD ($) | Feb. 16, 2017 | Jan. 11, 2017 | Jan. 10, 2017 | Jul. 23, 2016 | Jul. 23, 2016 | Feb. 28, 2017 | Mar. 31, 2017 | Dec. 31, 2016 |
Common stock, shares authorized | 100,000,000 | 100,000,000 | ||||||
Common stock, par value | $ 0.0001 | |||||||
Preferred stock, shares authorized | 20,000,000 | 20,000,000 | ||||||
Preferred stock, par value | $ 0.0001 | $ 0.0001 | ||||||
Issuance of common stock for service, value | $ (2,000) | |||||||
Number of common shares redeemed | 19,500,000 | |||||||
Common stock, shares outstanding | 19,263,367 | 20,000,000 | ||||||
Common stock, shares issued | 19,263,367 | 20,000,000 | ||||||
Discount on common stock | $ 500 | |||||||
Additional paid in capital | $ 29,488 | 312 | ||||||
Number of common stock issued | 5,000,000 | |||||||
Proceeds from issuance of common stock | $ 29,275 | |||||||
Subscription receivable | (1,277) | |||||||
Subscription deposits received in advance | $ 475 | |||||||
Common stock shares issuable | 475,360 | |||||||
Preferred stock, shares issued | 1,000 | |||||||
Preferred stock, shares outstanding | 1,000 | |||||||
Series A Preferred Stock [Member] | ||||||||
Preferred stock, shares authorized | 20,000,000 | 20,000,000 | ||||||
Preferred stock, par value | $ 0.0001 | $ 0.0001 | ||||||
Preferred stock voting rights description | right to vote 51% of the Companys voting shares | |||||||
Preferred stock, shares issued | 1,000 | |||||||
Preferred stock, shares outstanding | 1,000 | |||||||
Common Stock [Member] | ||||||||
Number of shares issued for services | 20,000,000 | |||||||
Issuance of common stock for service, value | $ (2,000) | |||||||
Two Directors and Officers [Member] | ||||||||
Common stock, par value | $ 0.0001 | $ 0.0001 | ||||||
Number of shares issued for services | 20,000,000 | 20,000,000 | ||||||
Issuance of common stock for service, value | $ 2,000 | $ 2,000 | ||||||
Number of common shares redeemed | 19,500,000 | |||||||
Common stock, shares outstanding | 20,000,000 | |||||||
Common stock, shares issued | 5,000,000 | |||||||
Discount on common stock | $ 500 | |||||||
Family Member of President [Member] | ||||||||
Number of common stock issued | 1,000,000 | |||||||
Proceeds from issuance of common stock | $ 1,000 | |||||||
Officer and Director [Member] | ||||||||
Common stock, par value | $ 0.0001 | |||||||
Number of common stock issued | 5,000,000 | 5,000,000 | ||||||
Proceeds from issuance of common stock | $ 5,000 | |||||||
Stock issued price per share | $ 0.04 | |||||||
Preferred stock, shares issued | 400 | |||||||
Officer and Director [Member] | Series A Preferred Stock [Member] | ||||||||
Number of common stock issued | 400 | |||||||
Stock issued price per share | $ 0.04 | |||||||
Officer and Director [Member] | Common Stock [Member] | ||||||||
Number of common stock issued | 5,000,000 | |||||||
Proceeds from issuance of common stock | $ 500 | |||||||
Investors One [Member] | ||||||||
Number of common stock sold | 12,486,700 | |||||||
Proceeds from sale of stock | $ 29,275 | |||||||
Stock issued price per share | $ 0.0023 | |||||||
Investors [Member] | ||||||||
Common stock, shares issued | 1,276,667 | |||||||
Stock issued price per share | $ 0.001 | |||||||
Subscription receivable | $ 1,277 | |||||||
President [Member] | ||||||||
Stock issued price per share | $ 0.06 | |||||||
Preferred stock, shares issued | 600 | |||||||
President [Member] | Series A Preferred Stock [Member] | ||||||||
Number of common stock issued | 600 | |||||||
Stock issued price per share | $ 0.06 |
Subsequent Events (Details Narr
Subsequent Events (Details Narrative) (10K) - USD ($) | May 22, 2017 | Jan. 11, 2017 | Jan. 10, 2017 | Mar. 31, 2017 | Mar. 31, 2017 | Dec. 31, 2016 |
Aggregate shares cancelled | 19,500,000 | |||||
Stock issued for, value | $ (2,000) | |||||
Preferred stock, shares issued | 1,000 | 1,000 | ||||
Aggregate shares of common stock issued | 5,000,000 | |||||
Series A Preferred Stock [Member] | ||||||
Preferred stock, shares issued | 1,000 | 1,000 | ||||
Subsequent Event [Member] | ||||||
Aggregate shares cancelled | 19,500,000 | |||||
Number of shares outstanding | 20,000,000 | |||||
Aggregate shares of common stock issued | 8,763,367 | |||||
Aggregate common stock issued, value | $ 29,900 | |||||
Subsequent Event [Member] | Non-binding Preliminary Agreement [Member] | ||||||
Business acquisition, cost | $ 200,000 | |||||
Percentage of equity stake | 51.00% | |||||
Subsequent Event [Member] | Series A Preferred Stock [Member] | ||||||
Designated shares of preferred stock | 1,000 | |||||
Percentage of voting power | 51.00% | |||||
Designation preferred stock, description | In addition, under Section 2 of the Series A Designation, the Company is prohibited from making any changes to the Series A designation without the affirmative vote of at least 60% of the outstanding shares of Series A. | |||||
Subsequent Event [Member] | Ali Kasa [Member] | ||||||
Number of shares sold during period | 5,000,000 | |||||
Subsequent Event [Member] | Ali Kasa [Member] | Series A Preferred Stock [Member] | ||||||
Preferred stock, shares issued | 600 | |||||
Subsequent Event [Member] | Waleed Badurik [Member] | ||||||
Number of shares issued for services | 5,000,000 | |||||
Subsequent Event [Member] | Waleed Badurik [Member] | Series A Preferred Stock [Member] | ||||||
Preferred stock, shares issued | 400 | |||||
Subsequent Event [Member] | Tiber Creek Corporation [Member] | ||||||
Stock issued for, value | $ 100,000 | |||||
Subsequent Event [Member] | Sage Interactive Sdn Bhd [Member] | Non-binding Preliminary Agreement [Member] | ||||||
Issued and outstanding percentage of capital stock | 100.00% | |||||
Subsequent Event [Member] | Sage Interactive MSC Sdn Bhd [Member] | Non-binding Preliminary Agreement [Member] | ||||||
Issued and outstanding percentage of capital stock | 100.00% | |||||
Subsequent Event [Member] | Celex Media Sdn Bhd [Member] | Non-binding Preliminary Agreement [Member] | ||||||
Issued and outstanding percentage of capital stock | 5.00% |
Subsequent Events (Details Na31
Subsequent Events (Details Narrative) (10Q) - USD ($) | May 31, 2017 | Mar. 31, 2017 | Mar. 31, 2017 | Dec. 31, 2016 |
Number of common stock issued | 5,000,000 | |||
Proceeds from issuance of common stock | $ 29,275 | |||
Subsequent Event [Member] | ||||
Number of common stock issued | 8,763,367 | |||
Subsequent Event [Member] | Two Shareholders [Member] | ||||
Number of common stock issued | 140,000 | |||
Proceeds from issuance of common stock | $ 70,000 |