Go Ez (GEZC) 10-Q 18 Aug 15 2015 Q2 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	6 Months Ended
	Jun. 30, 2015	Aug. 12, 2015
Document and Entity Information
Entity Registrant Name	Go EZ CORPORATION
Entity Central Index Key	314,197
Document Type	10-Q
Document Period End Date	Jun. 30, 2015
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Entity a Well-known Seasoned Issuer	No
Entity a Voluntary Filer	No
Entity's Reporting Status Current	Yes
Entity Filer Category	Smaller Reporting Company
Entity Common Stock, Shares Outstanding		1,630,080
Document Fiscal Period Focus	Q2
Document Fiscal Year Focus	2,015

CONDENSED CONSOLIDATED BALANCE

CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)	Jun. 30, 2015	Dec. 31, 2014
CURRENT ASSETS:
Cash	$ 4,328	$ 15,394
Accounts receivables	41,275
Other receivable, net	2,763
Inventory	22,830
Prepaid expense	73,930	$ 106
Total Current Assets	145,126	15,500
Property and equipment, net	14,158	10,474
Total Assets	159,284	25,974
CURRENT LIABILITIES:
Accounts payable	66,987	18,800
Advances from related party	19,672	$ 1,600
Accrued expenses	27,486
Derivative liability	$ 216,223	$ 268,403
Payroll liabilities		4,503
Accrued tax		$ 4,067
Note payable-related party	$ 72,807
Debt related party	6,599
Total Current Liabilities	$ 409,774	$ 297,373
STOCKHOLDERS' EQUITY (DEFICIT):
Preferred stock, $.0001 par value 100,000,000 shares authorized, 171 shares issued and outstanding
Common stock, $.0001 par value, 800,000,000 shares authorized, 1,630,080 and 1,368,200 shares issued and outstanding at 2015 and 2014, respectively	$ 163	$ 151
Capital in excess of par value	261,844,527	21,316,377
Accumulated deficit	(262,108,838)	(21,593,649)
Non-controlling interest	13,658	5,722
Total Stockholders' Equity (Deficit)	(250,490)	(271,399)
Total Liabilities and Stockholders' Equity (Deficit)	$ 159,284	$ 25,974

CONDENSED CONSOLIDATED BALANCE3

CONDENSED CONSOLIDATED BALANCE SHEETS (Parenthetical) - $ / shares	Jun. 30, 2015	Dec. 31, 2014
STOCKHOLDERS' EQUITY (DEFICIT):
Preferred stock par value	$ .0001	$ .0001
Preferred stock authorized	100,000,000	100,000,000
Preferred stock issued	171	171
Preferred stock outstanding	171	171
Common stock par value	$ .0001	$ .0001
Common stock authorized	800,000,000	800,000,000
Common stock issued	1,630,080	1,368,200
Common stock outstanding	1,630,080	1,368,200

UNAUDITED CONDENSED CONSOLIDATE

UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Unaudited Condensed Consolidated Statements Of Operations
REVENUES	$ 77,363		$ 136,328
Cost of goods sold	24,284		56,038
GROSS PROFIT	53,079		80,290
EXPENSES
General & administrative	81,159	$ 45,909	151,348	$ 46,048
Depreciation expenses	763		1,411
Bank service charge	148	$ 368	283	$ 368
Compensation expense	$ 458,250		477,000
Payroll expenses			$ 239
Non-cash contributed services		$ 7,500		$ 20,150
Total Expenses	$ 540,320	53,777	$ 630,281	66,566
LOSS BEFORE OTHER INCOME (EXPENSE)	(487,241)	$ (53,777)	(549,992)	$ (66,566)
OTHER INCOME (EXPENSE):
Gain on derivative liability	$ 42,742		$ 52,180
Gain of forgiveness of debt		$ 75,971		$ 75,971
Loss on acquisition			$ (240,007,725)
Interest expense	$ (472)		(782)	$ (2,550)
Finance charge	$ 1,364		(153)
Other income			21
Total Other Income (Expense)	$ 43,634	$ 75,971	(239,956,459)	$ 73,421
LOSS BEFORE INCOME TAXES	(443,607)	22,561	(240,506,451)
TAX EXPENSE	(800)		(800)
NET LOSS	(444,407)	$ 22,561	(240,507,251)	$ 6,855
Gain applicable to non-controlling interest in Federal Technology Agency, Inc.	(11,369)		(7,936)
NET INCOME (LOSS)	$ (455,776)	$ 22,561	$ (240,515,187)	$ 6,855
BASIC AND DILUTED LOSS PER COMMON SHARE	$ (0.29)	$ 0.02	$ (155.78)	$ 0.01
Weighted-Average Common Shares Outstanding - Basic and Diluted	1,586,592	1,049,519	1,543,972	710,741

UNAUDITED CONDENSED CONSOLIDAT5

UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)	6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014
Cash Flows From Operating Activities:
Net Loss	$ (240,507,251)	$ 6,855
Adjustments to reconcile net loss to net cash:
Depreciation expense	1,411
(Gain) Loss on asset acquisition	240,007,725
Issuance of common stock for services	447,000
Related party contributed services	7,500
(Gain) loss on derivative valuation	(52,180)
Related party contributed liabilities	$ 662
Non-cash contributed services		$ 20,150
Non-cash expenses – capital contribution		8,537
Non-cash forgiveness of debt		$ (75,971)
Decrease (increase) in operating assets
Accounts receivable	$ (38,966)
Other receivable	(2,763)
Inventory	(9,998)
Pre-paid & other assets	(824)
Increase (decrease) in operating liabilities
Accounts payable	$ 48,182	$ (40,301)
Account payables - related party		77,180
Accrued interest - related party		$ 2,550
Accrued expenses	$ 17,318
Related party payables	19,672
Advanced debt	6,599
Net Cash (Used) by Operating Activities	(55,913)	$ (1,000)
Cash Flows From Investing Activities:
Purchase of fixed assets	(5,049)
Cash acquired in CMB asset acquisition	2,134
Net Cash (Used) by Investing Activities	(2,960)
Cash Flows from Financing Activities:
Proceeds from short term debenture - related party	$ 47,807
Issuance of common stock for cash		$ 1,000
Net Cash Provided by Financing Activities	$ 47,807	$ 1,000
Net Increase (Decrease) in Cash	(11,066)
Cash at Beginning of Period	15,394
Cash at End of Period	$ 4,328
Supplemental Disclosures of Cash Flow Information:
Cash paid during the period for: Interest
Cash paid during the period for: Income taxes
Supplemental Disclosures of Non-Cash Transactions
Common stock issued for prepaid services	$ 73,000
Contributed payments on behalf of company		$ 152,097

Summary Of Significant Accounti

Summary Of Significant Accounting Policies	6 Months Ended
	Jun. 30, 2015
Notes to Financial Statements
Note 1 - Summary Of Significant Accounting Policies	Organization – Condensed Consolidated Financial Statements - Certain information and footnote disclosures normally included in financial statements prepared in accordance with generally accepted accounting principles in the United States of America have been condensed or omitted. It is suggested that these financial statements be read in conjunction with the financial statements and notes thereto included in the Company’s June 30, 2014 audited financial statements. The results of operations for the three months ended June 30, 2015 and 2014 are not necessarily indicative of the operating results for the full year. Principles of Consolidation - Accounting Estimates- Reclassification -

Going Concern

Going Concern	6 Months Ended
	Jun. 30, 2015
Notes to Financial Statements
Note 2 - Going Concern	The accompanying financial statements have been prepared in conformity with generally accepted accounting principles in the United States of America, which contemplate continuation of the Company as a going concern. However, the Company has incurred losses since inception and currently has no on-going operations. Further, the Company has current liabilities in excess of current assets. These factors raise substantial doubt about the ability of the Company to continue as a going concern. In this regard, management is proposing to raise any necessary additional funds not provided by operations through loans or through additional sales of its common stock. There is no assurance that the Company will be successful in raising this additional capital or in achieving profitable operations. The financial statements do not include any adjustments that might result from the outcome of these uncertainties.

Cash and Cash Equivalents

Cash and Cash Equivalents	6 Months Ended
	Jun. 30, 2015
Notes to Financial Statements
Note 3 - Cash and Cash Equivalents	For the purpose of the financial statements cash equivalents include all highly liquid investments with maturity of three months or less. As of June 30, 2015 and December 31, 2014, the Company has recorded cash of $4,328 and $15,394, respectively.

Receivables

Receivables	6 Months Ended
	Jun. 30, 2015
Notes to Financial Statements
Note 4 - Receivables	Receivables consist principally of amounts due from customer credit card transactions. We had $41,275 and $0 receivables as of June 30, 2015 and December 31, 2014.

Merchandise Inventories

Merchandise Inventories	6 Months Ended
	Jun. 30, 2015
Notes to Financial Statements
Note 5 - Merchandise Inventories	Merchandise inventories are recorded using first-in-first-out. In-bound freight-related costs from our vendors are included as part of the net cost of merchandise inventories. Other costs associated with acquiring, storing and transporting merchandise inventories to our retail stores are expensed as incurred and included in cost of goods sold. Our inventory valuation reflects adjustments for anticipated physical inventory losses (e.g., theft) that have occurred since the last physical inventory. Physical inventory counts are taken on a regular basis to ensure that the inventory reported in our consolidated financial statements is properly stated. The Company had $22,830 worth of merchandise inventories as of June 30, 2015.

Furniture And Equipment

Furniture And Equipment	6 Months Ended
	Jun. 30, 2015
Notes to Financial Statements
Note 6 - Furniture And Equipment	Property and equipment are recorded at cost. We compute depreciation using the straight-line method over the estimated useful lives of the assets. Furniture and equipment consists of the following as of June 30, 2015 and December 31, 2014: 2015 2014 Furniture and Equipment $ 16,369 $ 11,218 Less: Accumulated Depreciation (2,211 ) (745 ) Net Property and Equipment $ 14,157 $ 10,474

Liabilities

Liabilities	6 Months Ended
	Jun. 30, 2015
Notes to Financial Statements
Note 7 - Liabilities	Accounts payables primarily consists of payables to customers who purchase phone top-up minutes from us. We usually pay off within one or two days of the transactions. Accrued expenses primarily consist of accrued compensation to Company officer/director.

Notes and Debt

Notes and Debt	6 Months Ended
	Jun. 30, 2015
Notes to Financial Statements
Note 8 - Notes and Debt	On January 20, 2015, the Company entered into an Asset Purchase Agreement with Roger Ng, the owner of all of the issued and outstanding shares of capital stock of FTA and completed its acquisition of FTA through its issuance of sixty shares of the Company’s Preferred Series B stock, and a twenty-five thousand dollar ($25,000) Promissory Note. Said Promissory Note carries 0% interest and matures one year from the date of the closing of this Transaction. FTA issued a series debt to Company officers/directors for their cash contributions to the Company. On February 2, 2015, FTA issued debt with principle amount of $1,000, at 6% interest rate, maturing in one year to Roger Ng for cash advances. On February 18, 2015, FTA issued debt with principle amount of $1,200, at 6% interest rate, maturing in one year to Benedict Chen for cash advances. On March 9, 2015, FTA issued debt with principle amount of $400, at 6% interest rate, maturing in one year to Benedict Chen for cash advances. On March 20, 2015, FTA issued debt with principle amount of $1,000, at 6% interest rate, maturing in one year to Benedict Chen for cash advances. On March 24, 2015, FTA issued debt with principle amount of $1000, at 6% interest rate, maturing in one year to Benedict Chen for cash advances. On March 31, 2015, FTA issued debt with principle amount of $999, at 6% interest rate, maturing in one year to Abraham Cinta for cash advances. On June 24, 2015, FTA issued debt with principle amount of $1000, at 6% interest rate, maturing in one year to Benedict Chen for cash advances.

Revenue Recognition

Revenue Recognition	6 Months Ended
	Jun. 30, 2015
Notes to Financial Statements
Note 9 - Revenue Recognition	The Company generates revenue principally from the sale of electronic products accessories, including mobile phones, selfie-sticks and smart watches and providing of internet services. The Company sells its products through retail, wholesale and online store. We recognize revenue when the sales price is fixed or determinable, collection is reasonably assured and the customer takes possession of the merchandise, or in the case of services, the service has been provided. Revenue is recognized for store sales when the customer receives and pays for the merchandise. For online sales, we defer revenue and the related product costs for shipments that are in-transit to the customer and recognize revenue at the time the customer receives the product. Online customers typically receive goods within a few days of shipment. Revenue from merchandise sales and services is reported net of sales returns. We recognized revenue of $136,328 and $0 during the six month period ended June 30, 2015 and 2014, respectively.

Cost of Goods Sold

Cost of Goods Sold	6 Months Ended
	Jun. 30, 2015
Notes to Financial Statements
Note 10 - Cost of Goods Sold	Cost of goods sold consists primarily of costs related to products sold to customers. It includes manufacturing costs and shipping costs. Cost of goods sold for the six month period ended June 30, 2015 and 2014 is $56,038 and $0, respectively.

General and Administrative Expe

General and Administrative Expenses	6 Months Ended
	Jun. 30, 2015
Notes to Financial Statements
Note 11 - General and Administrative Expenses	General and administrative expenses consist of sales related cost, which include postage and delivery, as well as the costs of professional services, office supplies and other administrative expenses. We expect our general and administrative expense to increase in absolute dollars due to the anticipated growth of our business and related infrastructure as well as accounting, insurance, investor relations and other costs related to being a public company. The Company recorded $152,687 and $46,048 general and administrative expenses for the six month period ended June 30, 2015 and 2014, respectively.

Fair Value of Financial Instrum

Fair Value of Financial Instruments	6 Months Ended
	Jun. 30, 2015
Notes to Financial Statements
Note 12 - Fair Value of Financial Instruments	Fair Value of Financial Instruments, requires disclosure of the fair value information, whether or not recognized in the balance sheet, where it is practicable to estimate that value. As of June 30, 2014, the balances reported for cash, prepaid expenses, accounts payable, accrued expenses, derivative liability, and notes payable approximate the fair value because of their short maturities. We adopted ASC Topic 820 (originally issued as SFAS 157, “Fair Value Measurements”) for financial instruments measured as fair value on a recurring basis. ASC Topic 820 defines fair value, established a framework for measuring fair value in accordance with accounting principles generally accepted in the United States and expands disclosures about fair value measurements. Fair value is defined as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. ASC Topic 820 established a three-tier fair value hierarchy which prioritizes the inputs used in measuring 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 unobservable inputs (level 3 measurements). These tiers include: · Level 1, defined as observable inputs such as quoted prices for identical instruments in active markets; · Level 2, defined as inputs other than quoted prices in active markets that are either directly or indirectly observable such as quoted prices for similar instruments in active markets or quoted prices for identical or similar instruments in markets that are not active; and · Level 3, defined as unobservable inputs in which little or no market data exists, therefore requiring an entity to develop its own assumptions, such as valuations derived from valuation techniques in which one or more significant inputs or significant value drivers are unobservable. We measure certain financial instruments at fair value on a recurring basis. Assets and liabilities measured at fair value on a recurring basis are as follows at June 30, 2015: Fair Value of Financial Instruments Total (Level 1) (Level 2) (Level 3) Assets $ - $ - $ - $ - Total assets measured at fair value $ - $ - $ - $ - Liabilities Derivative Liability $ 216,223 $ - $ - $ 216,223 Total liabilities measured at fair value $ 216,223 $ - $ - $ 216,223 For purpose of determining the fair market value of the derivative liability for the warrants, the Company used Black Scholes option valuation model. The significant assumptions used in the Black Scholes valuation of the derivative are as follows: Risk free interest rate 0.46 % Stock volatility factor 37.06 % Months to Maturity 18 Months Expected dividend yield None b. For recurring fair value measurements categorized within Level 3 of the fair value hierarchy, a reconciliation from the opening balances to the closing balances, disclosing separately changes during the period attributable to the following: Total gains or losses for the period recognized in earnings, and the line item(s) in the income statement in which those gains or losses are recognized.: Beginning balance as of January 1, 2014 $ 268,403 Fair value of derivative liabilities issued 0 Net Loss/Gain on change in derivative liability (52,180 ) Ending balance as of June 30, 2015 $ 216,223

Related Party Transactions

Related Party Transactions	6 Months Ended
	Jun. 30, 2015
Notes to Financial Statements
Note 13 - Related Party Transactions	Management Compensation – Office Space – Advances from Related Party

Loss per Share

Loss per Share	6 Months Ended
	Jun. 30, 2015
Notes to Financial Statements
Note 14 - Loss per Share	The following data show the amounts used in computing loss per share for the periods presented: For the Three Months Ended June 30, 2015 For the Three Months Ended June 30, 2014 For the Six Months Ended June 30, 2015 For the Six Months Ended June 30, 2014 Loss available to common shareholders (numerator) $ (455,776) $ 22,561 $ (240,515,187) $ 6,855 Weighted average number of common shares outstanding used in loss per share for the period (denominator) 1,586,592 1,049,519 1,543,972 710,741 LOSS PER COMMON SHARE $ (0.29) $ 0.02 $ (155.78) $ (0.01) Dilutive loss per share was not presented; as the Company had no common equivalent shares for all periods presented that would affect the computation of diluted loss per share.

Commitments and Contingencies

Commitments and Contingencies	6 Months Ended
	Jun. 30, 2015
Notes to Financial Statements
Note 15 - Commitments and Contingencies	Contingencies -

Capital Stock

Capital Stock	6 Months Ended
	Jun. 30, 2015
Notes to Financial Statements
Note 16 - Capital Stock	Amendment of Security Registration On April 22, 2015, we filed an amendment to Form S-1 Registration Statement, previously filed on February 12, 2015. This Amendment is not effective yet. Securities Registered for Issuance Under Equity Compensation Plans On April 23, 2015, we filed Form S-8 with the SEC under the Securities Act of 1933, as amended (the “Securities Act”). The Registration Statement registered 200,000 shares of Common Stock, par value $0.0001 per share, to be issued under the Go Ez Corporation 2015 Equity Incentive Plan. Proposed maximum offering price per share is at $4.00. This registration is effective immediately. Capital Stock Designations Series E Preferred Stock – 10,000 Shares, convertible after thirty days based on a formula, no dividend rights, no voting rights, no liquidation preference. Company has no call redemption rights.

Other Income (Expense)

Other Income (Expense)	6 Months Ended
	Jun. 30, 2015
Notes to Financial Statements
Note 17 - Other Income (Expense)	We incurred a loss on asset purchase of Cellular Miami Beach of $240,007,725 for June 30, 2015.This is a result of 60 preferred shares and $25,000 note payable issued and payable to the seller. the preferred shares have no fair value, but are convertible into common stock at a ratio of 1 preferred share to 1,000,000 common shares. At the stock price of $4.00 at the time of the acquisition, this represents a total of $240,025,000. As $17,275 in assets were acquired, this resulted in the $240,007,725 loss.

Subsidiary

Subsidiary	6 Months Ended
	Jun. 30, 2015
Notes to Financial Statements
Note 18 - Subsidiary	Acquisition of Cellular of Miami Beach, Inc. On January 20, 2015, FTA entered into an Asset Purchase Agreement with Roger Ng, the owner of all of the issued and outstanding shares of capital stock of the Seller and completed its acquisition of the Seller through its issuance of sixty shares of the Company’s Preferred Series B stocks, and twenty-five thousand dollars’ worth of ($25,000) Promissory Note. Said Promissory Note will not carry any interest and matures one year from the date of the closing of this Transaction. The entry into the Asset Purchase Agreement was approved by Unanimous Written Consent of the Board of Directors of the Company without a meeting on January 19, 2015. In accordance with the terms of the Agreement, the Seller shall validly and effectively grant, sell, convey, assign, transfer and deliver to FTA, upon and subject to the terms and conditions of this Agreement, all of the Seller’s right, title and interest in and to (i) the business as a going concern, and (ii) certain of the Seller’s assets set forth in the Agreement, properties and rights constituting the business or used in the business, which are described in this Agreement, free and clear of all liens, pledges, security interests, charges, claims, restrictions and encumbrances of any nature whatsoever, and (iii) all of the Seller’s rights, title and interest in the name “Cellular of Miami Beach, Inc.,” or any derivative thereof. Incorporation Of Subsidiary On February 2, 2015, we incorporated a wholly-owned subsidiary with name of Glophone International in the State of Florida, USA. Mr. Abraham Dominguez Cinta is appointed as the Director and President of the Subsidiary. Mr. Eduardo Paz is appointed as the Secretary of the Subsidiary.

Subsequent Events

Subsequent Events	6 Months Ended
	Jun. 30, 2015
Notes to Financial Statements
Note 19 - Subsequent Events	The Company has evaluated subsequent events from the balance sheet date through the date the financial statements were issued, and determined there are no events to disclose, except as follows: Loan from Related Party – on July 30, 2015 the Company received a loan, in the amount of $22,000 from a related entity in consideration for expenses and advances made on behalf of the Company. The loan provides for interest at 6% per year and is due on July 30, 2016.

Summary Of Significant Accoun25

Summary Of Significant Accounting Policies (Policies)	6 Months Ended
	Jun. 30, 2015
Summary Of Significant Accounting Policies Policies
Organization	Go Ez Corporation (“the Company”) was incorporated on October 24, 1979 as E.R.C. Energy Recovery Corporation in the State of Delaware for the purpose of providing accounting, personnel recruiting and general business consulting. Currently, the Company provides technology devices, accessories and internet services in the United States of America. The products are sold through online and offline retailors, wholesale distributors. Internet technology services include full unit testing, framework design, development, implementation, and testing to internet services companies. The Company has wholly-owned subsidiaries in Miami, Florida, USA. The Company changed its name to Go Ez Corporation on May 7, 2014.
Condensed Consolidated Financial Statements	The accompanying financial statements have been prepared by the Company without audit. In the opinionof management, all adjustments (which include only normal recurring adjustments) necessary to present fairly the financial position, results of operations and cash flows at June 30, 2015 and 2014 and for the periods then ended have been made. Certain information and footnote disclosures normally included in financial statements prepared in accordance with generally accepted accounting principles in the United States of America have been condensed or omitted. It is suggested that these financial statements be read in conjunction with the financial statements and notes thereto included in the Company’s June 30, 2014 audited financial statements. The results of operations for the three months ended June 30, 2015 and 2014 are not necessarily indicative of the operating results for the full year.
Principles of Consolidation	The consolidated financial statements for June 30, 2015 do not include the accounts of Evotech Capital S.A., the largest shareholder of the Company. Evotech is the investor acquiring 73% voting equity of the company, which is recognized as a change of control. The sale of common stocks was recorded at cost. The consolidated financial statements for June 30, 2015 include the accounts of Go Ez Corporation, Federal Technology Agency, Inc.(“FTA”), of which Go Ez Corporation owns 70%, and Glophone International Inc., a wholly-owned subsidiary of Go Ez Corporation. All significant intercompany balances and transactions have been eliminated.
Accounting Estimates	The preparation of financial statements in conformity with generally accepted accounting principles in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, the disclosures of contingent assets and liabilities at the date of the financial statements, and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimated by management.
Reclassification	The financial statements for periods prior to June 30, 2015 have been reclassified to conform to the headings and classifications used in the June 30, 2015 financial statements.

Furniture And Equipment (Tables

Furniture And Equipment (Tables)	6 Months Ended
	Jun. 30, 2015
Furniture And Equipment Tables
Furniture and equipment	2015 2014 Furniture and Equipment $ 16,369 $ 11,218 Less: Accumulated Depreciation (2,211 ) (745 ) Net Property and Equipment $ 14,157 $ 10,474

Fair Value of Financial Instr27

Fair Value of Financial Instruments (Tables)	6 Months Ended
	Jun. 30, 2015
Fair Value Of Financial Instruments Tables
Fair Value of Financial Instruments	Total (Level 1) (Level 2) (Level 3) Assets $ - $ - $ - $ - Total assets measured at fair value $ - $ - $ - $ - Liabilities Derivative Liability $ 216,223 $ - $ - $ 216,223 Total liabilities measured at fair value $ 216,223 $ - $ - $ 216,223
Fair value of the derivative liability	Risk free interest rate 0.46 % Stock volatility factor 37.06 % Months to Maturity 18 Months Expected dividend yield None
For recurring fair value measurements	Beginning balance as of January 1, 2014 $ 268,403 Fair value of derivative liabilities issued 0 Net Loss/Gain on change in derivative liability (52,180 ) Ending balance as of June 30, 2015 $ 216,223

Loss per Share (Tables)

Loss per Share (Tables)	6 Months Ended
	Jun. 30, 2015
Loss Per Share Tables
Loss per Share	For the Three Months Ended June 30, 2015 For the Three Months Ended June 30, 2014 For the Six Months Ended June 30, 2015 For the Six Months Ended June 30, 2014 Loss available to common shareholders (numerator) $ (455,776) $ 22,561 $ (240,515,187) $ 6,855 Weighted average number of common shares outstanding used in loss per share for the period (denominator) 1,586,592 1,049,519 1,543,972 710,741 LOSS PER COMMON SHARE $ (0.29) $ 0.02 $ (155.78) $ (0.01)

Cash and Cash Equivalents (Deta

Cash and Cash Equivalents (Details Narrative) - USD ($)	Jun. 30, 2015	Dec. 31, 2014
Cash And Cash Equivalents Details Narrative
Cash	$ 4,328	$ 15,394

Receivables (Details Narrative)

Receivables (Details Narrative) - USD ($)	Jun. 30, 2015	Dec. 31, 2014
Receivables Details Narrative
Accounts Receivable, net	$ 41,275

Merchandise Inventories (Detail

Merchandise Inventories (Details Narrative) - USD ($)	Jun. 30, 2015	Dec. 31, 2014
Merchandise Inventories Details Narrative
Inventory	$ 22,830

Furniture And Equipment (Detail

Furniture And Equipment (Details) - USD ($)	Jun. 30, 2015	Dec. 31, 2014
Furniture And Equipment Details
Furniture and Equipment	$ 16,369	$ 11,218
Less: Accumulated Depreciation	(2,211)	(745)
Net Property and Equipment	$ 14,158	$ 10,474

Revenue Recognition (Details Na

Revenue Recognition (Details Narrative) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Revenue Recognition Details Narrative
Revenue	$ 77,363		$ 136,328

Cost of Goods Sold (Details Nar

Cost of Goods Sold (Details Narrative) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Cost Of Goods Sold Details Narrative
Cost of goods sold	$ 24,284		$ 56,038

General and Administrative Ex35

General and Administrative Expenses (Details Narrative) - USD ($)	6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014
General And Administrative Expenses Details Narrative
General and administrative expenses	$ 152,687	$ 46,048

Fair Value of Financial Instr36

Fair Value of Financial Instruments (Details)	Jun. 30, 2015USD ($)
Assets
Total assets measured at fair value
Liabilities
Derivative Liability	$ 216,223
Total liabilities measured at fair value	$ 216,223
Fair Value, Inputs, Level 1 [Member]
Assets
Total assets measured at fair value
Liabilities
Derivative Liability
Total liabilities measured at fair value
Fair Value, Inputs, Level 2 [Member]
Assets
Total assets measured at fair value
Liabilities
Derivative Liability
Total liabilities measured at fair value
Fair Value, Inputs, Level 3 [Member]
Assets
Total assets measured at fair value
Liabilities
Derivative Liability	$ 216,223
Total liabilities measured at fair value	$ 216,223

Fair Value of Financial Instr37

Fair Value of Financial Instruments (Details 1) - 6 months ended Jun. 30, 2015	Total
Fair Value Of Financial Instruments Details 1
Risk free interest rate	0.46%
Stock volatility factor	37.06%
Months to Maturity	18 months
Expected dividend yield

Fair Value of Financial Instr38

Fair Value of Financial Instruments (Details 2)	6 Months Ended
	Jun. 30, 2015USD ($)
Fair Value Of Financial Instruments Details 2
Beginning balance as of January 1, 2014	$ 268,403
Fair value of derivative liabilities issued
Net Loss/Gain on change in derivative liability	$ (52,180)
Ending balance as of June 30, 2015	$ 216,223

Related Party Transactions (Det

Related Party Transactions (Details Narrative) - USD ($)	6 Months Ended
	Jun. 30, 2015	Dec. 31, 2014
Related Party Transactions Details Narrative
Accrued compensation	$ 22,500
Payments on advances payable to related party	72,478,947
Owed to related party	$ 99,077	$ 1,600

Loss per Share (Details)

Loss per Share (Details) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Loss Per Share Details
Loss available to common shareholders (numerator)	$ (455,776)	$ 22,561	$ (240,515,187)	$ 6,855
Weighted average number of common shares outstanding during the period used in loss per share (denominator)	1,586,592	1,049,519	1,543,972	710,741
Loss per share	$ (0.29)	$ 0.02	$ (155.78)	$ 0.01

Other Income (Expense) (Details

Other Income (Expense) (Details Narrative) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Other Income Expense Details Narrative
Loss on Acquisition			$ 240,007,725

Uncategorized Items - gezc-2015

Label	Element	Value
Depreciation expenses	us-gaap_Depreciation
Depreciation expenses	us-gaap_Depreciation	$ 763
Gain of forgiveness of debt	us-gaap_GainsLossesOnExtinguishmentOfDebt
Gain of forgiveness of debt	us-gaap_GainsLossesOnExtinguishmentOfDebt	$ 75,971
Net Loss	us-gaap_NetIncomeLoss	(444,407)
Net Loss	us-gaap_NetIncomeLoss	$ 22,561