| Summary of Significant Accounting Policies | NOTE 2: SUMMARY OF SIGNIFICANT ACCOUNTING
POLICIES Basis of Presentation The accompanying
unaudited condensed financial statements have been prepared in accordance with U.S. generally accepted accounting principles (“GAAP”)
for interim financial information and with the instructions to Form 10-Q and Article 8 of Regulation S-X. Accordingly, they do
not include all of the information and footnotes required by U.S. GAAP for complete financial statements. In the opinion of management,
all adjustments (all of which are of a normal recurring nature) considered necessary for a fair presentation have been included.
Operating results for the three and nine months ended August 31, 2018 are not indicative of the results that may be expected for
the year ending November 30, 2018 or for any other future period. These unaudited financial statements and the unaudited condensed
notes thereto should be read in conjunction with the (i) audited financial statements and notes thereto included in for the year ended October
31, 2017, filed with the Securities and Exchange Commission (the “SEC”) on July 23, 2018, and (ii) the unaudited financial
statements and notes thereto included in the Company’s Quarterly Report on Form 10-Q Use of Estimates The preparation of abbreviated financial statements
in conformity with accounting principles generally accepted in the United States of America requires management to make estimates
and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities
at the date of the abbreviated financial statements and reported amounts of revenues and expenses during the reporting period.
Actual results could differ from those estimates. If actual results significantly differ from the Company’s estimates, the
Company’s financial condition and results of operations could be materially impacted. Cash and Cash Equivalents For purposes of net assets contributed presentation,
the Company considers all unrestricted demand deposits, money market funds and highly liquid debt instruments with an original
maturity of less than 90 days to be cash and cash equivalents. There were no cash equivalents as of August 31, 2018 and November
30, 2017. Accounts Receivable The Company regularly reviews outstanding receivables
and provides for estimated losses through an allowance for doubtful accounts. In evaluating the level of established loss reserves,
the Company makes judgments regarding its customers’ ability to make required payments, economic events, and other factors.
As the financial condition of these parties change, and circumstances develop or additional information becomes available, adjustments
to the allowance for doubtful accounts may be required. Property and Equipment All expenditures on the acquisition for property
and equipment are recorded at cost and capitalized as incurred, provided the asset benefits the Company for a period of more than
one year. Expenditures on routine repairs and maintenance of property and equipment are charged directly to operating expense.
The property and equipment are depreciated based upon its estimated useful life after being placed in service. The estimated useful
life of computer equipment is 3 years. When equipment is retired, sold or impaired, the resulting gain or loss is reflected in
earnings. The Company incurred depreciation expense of $0 and $10,311 for the nine months ended August 31, 2018 and 2017, respectively. Impairment of Long-Lived Assets In accordance with Accounting Standards Codification
360-10, “Property, Plant, and Equipment”, the Company periodically reviews its long- lived assets for impairment whenever
events or changes in circumstances indicate that the carrying amount of the assets may not be fully recoverable. The Company recognizes
an impairment loss when the sum of expected undiscounted future cash flows is less than the carrying amount of the asset. The amount
of impairment is measured as the difference between the asset’s estimated fair value and its book value. The Company did
not impair any long-lived assets as of August 31, 2018 and November 30, 2017. Website Development Costs The Company accounts for website development
costs in accordance with Accounting Standards Codification 350-50 “Website Development Costs”. Accordingly, all costs
incurred in the planning stage are expensed as incurred, costs incurred in the website application and infrastructure development
stage that meet specific criteria are capitalized and costs incurred in the day to day operation of the website are expensed as
incurred. Fair Value of Financial Instruments The Company adopted ASC topic 820, “Fair
Value Measurements and Disclosures” (ASC 820), formerly SFAS No. 157 “Fair Value Measurements,” effective January
1, 2009. ASC 820 defines “fair value” as the price that would be received for an asset or paid to transfer a liability
(an exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market
participants on the measurement date. There was no impact relating to the adoption of ASC 820 to the Company’s abbreviated
financial statements. ASC 820 also describes three levels of inputs
that may be used to measure fair value: Level 1: Observable inputs that reflect
unadjusted quoted prices for identical assets or liabilities traded in active markets. Level 2: Inputs other than quoted
prices included within Level 1 that are observable for the asset or liability, either directly or indirectly. Level 3: Inputs that are generally
unobservable. These inputs may be used with internally developed methodologies that result in management’s best estimate
of fair value. Financial instruments consist principally of
cash, accounts receivable, prepaid expenses, due from affiliates, accounts payable, accrued liabilities and other current liabilities.
The carrying amounts of such financial instruments in the accompanying balance sheets approximate their fair values due to their
relatively short- term nature. The fair value of long-term debt is based on current rates at which the Company could borrow funds
with similar remaining maturities. The carrying amounts approximate fair value. It is management’s opinion that the Company
is not exposed to any significant currency or credit risks arising from these financial instruments. Revenue Recognition The Company recognizes revenue when all of
the following criteria are met: (1) persuasive evidence of an arrangement exits; (2) delivery has occurred or services have been
rendered; (3) the Company’s price to its customer is fixed or determinable and (4) collectability is reasonably assured. The Company provides its marketing and promotional
services to agents or brokers via a web-based portal that allows for credit card payments. Customers may pay a monthly recurring
fee or an annual fee. Some customers additionally pay a one-time set up fee. Monthly recurring fees are recognized in the month
the service is rendered. Collection of one-time set up fees and annual services fees give rise to recognized monthly revenue in
the current month. Cost of Revenues Cost of revenues includes costs attributable
to services sold and delivered. These costs include engineering costs incurred to maintain our networks. Advertising Expense Advertising costs are charged to expense as
incurred and are included in selling and promotions expense in the accompanying financial statements. Advertising expense for the
three months ended August 31, 2018 and 2017 were $1,136 and $147, respectively. Advertising expense for the nine months ended August
31, 2018 and 2017 were $1,890 and 2,659, respectively. Income Taxes The Company accounts for income taxes in accordance
with ASC 740, Accounting for Income Taxes, as clarified by ASC 740-10, Accounting for Uncertainty in Income Taxes. Under this method,
deferred income taxes are determined based on the estimated future tax effects of differences between the financial statement and
tax basis of assets and liabilities and net operating loss and tax credit carryforwards given the provisions of enacted tax laws.
Deferred income tax provisions and benefits are based on changes to the assets or liabilities from year to year. In providing for
deferred taxes, the Company considers tax regulations of the jurisdictions in which the Company operates, estimates of future taxable
income, and available tax planning strategies. If tax regulations, operating results or the ability to implement tax-planning strategies
vary, adjustments to the carrying value of deferred tax assets and liabilities may be required. Valuation allowances are recorded
related to deferred tax assets based on the “more likely than not” criteria of ASC 740. ASC 740-10 requires that the Company recognize
the financial statement benefit of a tax position only after determining that the relevant tax authority would more likely than
not sustain the position following an audit. For tax positions meeting the “more-likely-than-not” threshold, the amount
recognized in the financial statements is the largest benefit that has a greater than 50 percent likelihood of being realized upon
ultimate settlement with the relevant tax authority. The company has applied for an extension of time to file with the Internal
Revenue Service. The Company recognizes expenses for tax penalties
and interest assessed by the Internal Revenue Service and other taxing authorities upon receiving valid notice of assessments.
The Company has received no such notices as of August 31, 2018. Marketable securities As part
of a legal settlement, the Company received $32,370 of common shares of the Monaker Group from the Monaker Group in January 2018.
In March 2018, the company received $16,653 of common shares of Realbiz Media Group, Inc. from Realbiz Media Group, Inc. as part
of a legal settlement. We have classified these shares as “trading” securities. Pursuant to SFAS No. 115, “Accounting
for Certain Investments in Debt and Equity Securities,” our marketable securities are marked to market on a quarterly basis,
with unrealized gains and losses being reflected as a component of other income. Earnings Per Share Basic earnings per share is computed by dividing
net income attributable to common stockholders by the weighted average number of shares of common stock outstanding during the
period. Diluted earnings per share is computed by dividing
net income attributable to common stockholders by the weighted average number of shares of common stock, common stock equivalents
and potentially dilutive securities outstanding during each period. Diluted loss per common share is considered to be equal to
basic because the common stock equivalents are anti-dilutive. In August 2018, the Company issued $75,000 in convertible promissory
notes with a conversion price of $0.12 per share. If converted, those notes would require 625,000 shares to be issued. Total fully
diluted shares outstanding at August 31, 2018 and November 30, 2017 were 1,733,060 and 100, respectively. Concentrations,
Risks and Uncertainties The Company’s operations are related
to the real estate industry and its prospects for success are tied indirectly to interest rates and the general housing and business
climates in the United States. Recently Issued Accounting Pronouncements In May 2014, the FASB issued (ASU No. 2014-09),
Revenue from Contracts with Customers (Topic 606). ASU 2014-09 establishes a single comprehensive model for entities to use in
accounting for revenue arising from outside contracts with customers and supersedes most of the existing revenue recognition guidance
and notes that lease contracts with customers are a scope exception. ASU 2014-09 requires an entity to recognize revenue when it
transfers promised goods or services to customers in an amount that reflects the consideration to which an entity expects to be
entitled in exchange for those goods or services and also requires certain additional disclosures. On August 12, 2015, the FASB
issued ASU 2015-14 to defer the effective date of ASU 2014-09. Public business entities may elect to adopt the amendments as of
the original effective date, however, adoption is required for annual reporting periods beginning after December 15, 2017. The
Company is currently assessing the impact of the guidance on our consolidated financial statements and notes to our consolidated
financial statements. In January 2016, the FASB issued ASU-2016-01,
Financial Instruments- Overall (Subtopic 825-10) Recognition and Measurement of Financial Assets and Financial Liability Letters.
The Company is currently assessing the impact of the guidance on our consolidated financial statements and notes to our consolidated
financial statements. In February 2016, the FASB issued ASU 2016-02,
Leases (“ASU 2016-02”). The standard amends the existing accounting standards for lease accounting, including requiring
lessees to recognize most leases on their balance sheets and making targeted changes to lessor accounting. ASU 2016-02 will be
effective beginning in the first quarter of fiscal 2020. Early adoption of ASU 2016-02 is permitted. The new leases standard requires
a modified retrospective transition approach for all leases existing at, or entered into after, the date of initial application,
with an option to use certain transition relief. In September, the FASB issued ASU 2017-13, Revenue Recognition (Topic 605), Revenue
from Contracts with Customers (Topic 606), Leases (Topic 840), and Leases (Topic 842) which amends certain aspects of the new lease
standard. The Company is currently evaluating the impact of adopting ASU 2016-02 on the Company’s financial statements. In November 2016, the FASB issued ASU 2016-18,
Statement of Cash Flows (Topic 230): Restricted Cash. The new standard changes the presentation of restricted cash and cash equivalents
on the statement of cash flows. Restricted cash and restricted cash equivalents will be included with cash and cash equivalents
when reconciling the beginning-of-period and end-of-period total amounts shown on the statement of cash flows. The new standard
is effective for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2017. Early adoption
is permitted. This ASU is not expected to have a material impact on the Company’s financial statements. In January 2017, the FASB issued ASU No. 2017-01,
“Business Combinations (Topic 805): Clarifying the Definition of a Business.” The amendments in this Update clarify
the definition of a business with the objective of adding guidance to assist entities with evaluating whether transactions should
be accounted for as acquisitions (or disposals) of businesses. The amendments in this Update provide a screen to determine when
a set is not a business. If the screen is not met, it (1) requires that to be considered a business, a set must include, at a minimum,
an input and a substantive process that together significantly contribute to the ability to create output and (2) removes the evaluation
of whether a market participant could replace the missing elements. This Update is the final version of Proposed ASU 2015-330 Business
Combinations (Topic 805) – Clarifying The Definition of a Business, which has been deleted. The amendments in this Update
are effective for all entities for annual periods, and interim periods within those annual periods, beginning after December 15,
2017. Early adoption is permitted. This ASU is not expected to have a material impact on the Company’s financial statements. In May 2017, the FASB issued ASU 2017-09, “Compensation—Stock
Compensation (Topic 718): Scope of Modification Accounting” to provide clarity and reduce both (1) diversity in practice
and (2) cost and complexity when applying the guidance in Topic 718, Compensation—Stock Compensation, to a change to the
terms or conditions of a share-based payment award. The amendments in this Update provide guidance about which changes to the terms
or conditions of a share-based payment award require an entity to apply modification accounting in Topic 718. This Update is the
final version of Proposed ASU 2016-360—Compensation—Stock Compensation (Topic 718)—Scope of Modification Accounting,
which has been deleted. The amendments in this Update are effective for all entities for annual periods, and interim periods within
those annual periods, beginning after December 15, 2017. Early adoption is permitted. This ASU is not expected to have a material
impact on the Company’s financial statements. Management does not believe that any other
recently issued, but not yet effective accounting pronouncements, if adopted, would have a material impact on the accompanying
abbreviated financial statements. |
