Coro Global (CGLO) 10-Q 15 May 18 2018 Q1 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	3 Months Ended
	Mar. 31, 2018	May 15, 2018
Document and Entity Information [Abstract]
Entity Registrant Name	Hash Labs Inc.
Entity Central Index Key	842,013
Trading Symbol	HLAB
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Document Type	10-Q
Document Period End Date	Mar. 31, 2018
Document Fiscal Period Focus	Q1
Document Fiscal Year Focus	2,018
Entity Filer Category	Smaller Reporting Company
Entity Common Stock, Shares Outstanding		18,451,277

Consolidated Balance Sheets (Un

Consolidated Balance Sheets (Unaudited) - USD ($)	Mar. 31, 2018	Dec. 31, 2017
Current assets
Cash	$ 323	$ 730
Merchant services reserve	2,938	2,938
Total current assets	3,261	3,668
Dino Might program	1,979	1,979
Total assets	5,240	5,647
Current liabilities
Accounts payable and accrued liabilities	263,590	235,589
Bank overdraft	432	1,577
Note payable - related party	719,075	653,405
Convertible debenture - related party	19,518	19,055
Derivative liability convertible note	26,933	19,406
Total current liabilities	1,029,548	929,032
Stockholders' deficit
Preferred stock, value
Common stock, $.0001 par value: 700,000,000 authorized; 151,277 shares issued and outstanding on March 31, 2018 and December 31, 2017, respectively	15	15
Additional paid-in capital	29,328,064	29,328,064
Accumulated deficit	(30,352,388)	(30,251,465)
Total stockholders' deficit	(1,024,308)	(923,385)
Total liabilities and stockholders' deficit	5,240	5,647
Series C Preferred Stock
Stockholders' deficit
Preferred stock, value	$ 1	$ 1

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) (Unaudited) - $ / shares	Mar. 31, 2018	Dec. 31, 2017
Preferred stock, par value	$ 0.0001	$ 0.0001
Preferred stock, shares authorized	10,000,000	10,000,000
Preferred stock, shares issued
Preferred stock, shares outstanding
Common stock, par value	$ 0.0001	$ 0.0001
Common stock, shares authorized	700,000,000	700,000,000
Common stock, shares issued	151,277	151,277
Common stock, shares outstanding	151,277	151,277
Series C Preferred Stock
Preferred stock, par value	$ 0.0001	$ 0.0001
Preferred stock, shares authorized	7,000	7,000
Preferred stock, shares issued	7,000	7,000
Preferred stock, shares outstanding	7,000	7,000

Consolidated Statements of Oper

Consolidated Statements of Operations (Unaudited) - USD ($)	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017
Income Statement [Abstract]
Revenue	$ 6,899	$ 9,709
Operating expenses
Selling, general and administrative expenses	90,187	106,594
Total operating expenses	90,187	106,594
Loss from operations	(83,288)	(96,885)
Other expenses
Interest expense	(10,108)	(6,953)
Change in fair value of derivative liabilities	(7,527)	(3,762)
Total other expenses	(17,635)	(10,715)
Net loss	$ (100,923)	$ (107,600)
Net loss per common share: basic and diluted	$ (0.67)	$ (0.75)
Weighted average common shares outstanding: basic and diluted	151,277	143,780

Consolidated Statements of Cash

Consolidated Statements of Cash Flows (Unaudited) - USD ($)	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017
Cash flows from operating activities
Net loss	$ (100,923)	$ (107,600)
Adjustments to reconcile net loss to net cash used in operating activities:
Loss on change in fair value of derivative liability	7,527	3,762
Changes in operating assets and liabilities
Accounts payable and accrued liabilities	28,001	31,374
Bank overdraft	(1,145)
Accrued interest - convertible debenture	463	420
Accrued interest - notes payable	9,645	6,533
Net cash used in operating activities	(56,432)	(65,511)
Cash flows from investing activities
Cash paid for Domain names		(17,845)
Net cash used in investing activities		(17,845)
Cash flow from financing activities
Proceeds from notes payable - related party	56,025	96,500
Net cash provided by financing activities	56,025	96,500
Net increase (decrease) in cash and cash equivalents	(407)	13,144
Cash and cash equivalents at beginning of period	730	730
Cash and cash equivalents at end of period	323	26,262
Supplemental disclosure of cash flow information
Cash paid for interest
Cash paid for income taxes

Basis of Presentation & Going C

Basis of Presentation & Going Concern	3 Months Ended
	Mar. 31, 2018
Basis of Presentation & Going Concern [Abstract]
BASIS OF PRESENTATION & GOING CONCERN	NOTE 1 – BASIS OF PRESENTATION & GOING CONCERN Basis of Presentation The accompanying unaudited consolidated financial statements of Hash Labs Inc., a Nevada corporation (the “Company”), have been prepared in accordance with the instructions to Form 10-Q and do not include all of the information and footnotes required by accounting principles generally accepted in the United States of America for complete consolidated financial statements. These unaudited consolidated financial statements and related notes should be read in conjunction with the Company’s Form 10-K for the fiscal year ended December 31, 2017. In the opinion of management, these unaudited consolidated financial statements reflect all adjustments that are of a normal recurring nature and which are necessary to present fairly the financial position of the Company as of March 31, 2018, and the results of operations and cash flows for the three months ended March 31, 2018 and 2017. The results of operations for the three months ended March 31, 2018 are not necessarily indicative of the results that may be expected for the entire fiscal year. Nature of Business Operations Our Company was originally formed on November 1, 2005 when Bio-Solutions International, Inc. (“Bio-Solutions”) entered into an Agreement and Plan of Merger with OmniMed Acquisition Corp., a Nevada corporation and a wholly-owned subsidiary of Bio-Solutions, OmniMed International, Inc. (“OmniMed”) and the shareholders of OmniMed. Pursuant to the agreement, Bio-Solutions acquired all of the outstanding equity stock from the OmniMed shareholders. As a result, the OmniMed shareholders assumed control of Bio-Solutions and changed the name of the Company to OmniMed International, Inc., effective November 21, 2006. On January 17, 2006, OmniMed changed its name to MedeFile International, Inc. The Company’s business following the closing of this agreement was the sale of an Internet-enabled Personal Health Record (iPHR) system for gathering, digitizing, maintaining, accessing and sharing an individual’s medical records, and in connection therewith, providing a professional service specializing in HIPAA compliant retrieval, reproduction and release of information. Under this service, Company personnel go onsite to physicians’ offices weekly to reproduce the records requested by third parties. In October 2017, the name of the Company was changed to Tech Town Holdings, Inc. to reflect a new business strategy centered on identifying and fostering new or early stage business opportunities being aggressively fueled by digital reinvention and innovation. To that end, our business-building platform was segmented into six focused categories, for which we planned to advance numerous technology development projects: ● Digital News Aggregation ● Digital Entertainment and Gaming ● Digital Health and Wellness ● Cryptocurrencies and Blockchain Technologies ● CannaTech ● Mobile App Design and Development However, following closer scrutiny of the new business opportunities we were exploring in late 2017, coupled with our evaluation of market trends and growth dynamics in their respective categories, we determined that a more prudent strategy was to narrow our focus, working instead on capitalizing on global growth opportunities in a single industry category. At this time, we continue to evaluate prevailing opportunities for our Company and anticipate determining a focused course of action in mid-2018. In January 2018, the Company’s name was changed to Hash Labs Inc. We also continue to provide a professional service specializing in HIPAA compliant retrieval, reproduction and release of information. Going Concern The accompanying unaudited consolidated financial statements have been prepared contemplating a continuation of the Company as a going concern. However, the Company incurred a net loss of $100,923 for the three months ended March 31, 2018 and has negative working capital of $1,026,287 as of March 31, 2018. The accompanying unaudited consolidated financial statements have been prepared assuming the Company will continue as a going concern. The operating losses and working capital deficit raise substantial doubt about the Company’s ability to continue as a going concern. The Company’s ability to obtain additional financing depends on the success of its growth strategy and its future performance, each of which is subject to general economic, financial, competitive, legislative, regulatory and other factors beyond the Company’s control. The unaudited consolidated financial statements do not include any adjustments relating to the recoverability and classification of recorded assets, or the amounts of and classification of liabilities that might be necessary in the event the Company cannot continue in existence. We will need to raise additional capital in order to continue operations. Financing transactions may include the issuance of equity or debt securities, obtaining credit facilities, or other financing mechanisms. Additional financing may not be available on terms acceptable to the Company, or at all. Further, if we issue additional equity or debt securities, stockholders may experience additional dilution or the new equity securities may have rights, preferences or privileges senior to those of existing holders of our common stock. If additional financing is not available or is not available on acceptable terms, we will have to curtail or cease our operations. Financial Accounting Pronouncements In May 2014, the FASB issued ASU No. 2014-09, “Revenue from Contracts with Customers.” ASU 2014-09 is a comprehensive revenue recognition standard that has superseded nearly all existing revenue recognition guidance under current U.S. GAAP and replaced it with a principle based approach for determining revenue recognition. ASU 2014-09 requires that companies recognize revenue based on the value of transferred goods or services as they occur in the contract. The ASU also requires additional disclosure about the nature, amount, timing and uncertainty of revenue and cash flows arising from customer contracts, including significant judgments and changes in judgments and assets recognized from costs incurred to obtain or fulfill a contract. ASU 2014-09 is effective for interim and annual periods beginning after December 15, 2017. The Company’s primary source of revenue is from providing a professional service that specializes in HIPAA compliant retrieval, reproduction and release of information. Orders are fulfilled as requested, then invoiced. Once payment is received, revenue is recognized when records are delivered. During the fourth quarter of 2017, the Company finalized its assessment related to the new standard and determined that the timing of revenue recognition related to the Company’s revenues will remain consistent between the new standard and the previous standard. The Company adopted ASU 2014-09 effective January 1, 2018 using the modified retrospective method, and there was no cumulative adjustment to retained earnings. Fair Value of Financial Instruments Cash and Equivalents, Deposits In-Transit, Receivables, Prepaid and Other Current Assets, Accounts Payable, Accrued Salaries and Wages and Other Current Liabilities The carrying amounts of these items approximated fair value. 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. To increase the comparability of fair value measures, Financial Accounting Standards Board (“FASB”) ASC Topic 820-10-35 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 measurement) and the lowest priority to unobservable inputs (level 3 measurements). Level 1 Level 2 Level 3 The application of the three levels of the fair value hierarchy under Topic 820-10-35 to our assets and liabilities as of March 31, 2018 and December 31, 2017 are described below: Fair Value Measurements Level 1 Level 2 Level 3 Total March 31, 2018: Liabilities Derivative Liabilities $ - $ - $ 26,933 $ 26,933 Total $ - $ - $ 26,933 $ 26,933 December 31, 2017: Liabilities Derivative Liabilities $ - $ - $ 19,406 $ 19,406 Total $ - $ - $ 19,406 $ 19,406 Derivative liability as of March 31, 2018 was $26,933, compared to $19,406 as of December 31, 2017.

Notes Payable - Related Party

Notes Payable - Related Party	3 Months Ended
	Mar. 31, 2018
Notes Payable - Related Party [Abstract]
NOTES PAYABLE - RELATED PARTY	2. NOTES PAYABLE – RELATED PARTY During the year ended December 31, 2016, the Company entered into eight unsecured 7% Promissory Notes with a significant shareholder. During the year ended December 31, 2017, the Company entered into additional unsecured 7% Promissory Notes totaling $215,500. As of March 31, 2018, $367,000 of the notes were in default. During the first quarter 2018, the Company entered into five additional notes totaling $41,000 with an interest rate of 7%. The notes mature four to 12 months from issuance. The balance of notes payable to related party as of March 31, 2018 March 31, December 31, Notes payable – related party at beginning of period $ 470,603 231,569 Borrowings on notes payable – related party 41,000 215,500 Accumulated interest 6,622 23,534 Notes payable – related party $ 518,225 470,603 On March 21, 2018, the Company, entered into an unsecured 7% Promissory Note with a significant shareholder in the amount of $15,000. The note has a term of one year. The note includes interest calculated for the three months ending March 31, 2018, from another note owned by the same shareholder. March 31, Notes payable – related party at beginning of period $ 15,000 Borrowings on notes payable – related party Accumulated interest 1,113 Notes payable – related party $ 16,113 On July 15, 2016, the Company entered into an unsecured 7% Promissory Notes with a significant shareholder in the amount of $100,000. The note has a one-year term and was in default as of March 31, 2018. The changes in these notes payable to related party consisted of the following during the three months ended March 31, 2018: March 31, December 31, Notes payable at beginning of period $ 110,688 $ 103,248 Borrowings on notes payable - - Repayment - - Accumulated interest 1,910 7,440 Notes payable – related party $ 112,598 $ 110,688 During the year ended December 31, 2017, the Company entered into five unsecured 7% Promissory Notes with a significant shareholder totaling $65,500. As of March 31, 2018, $65,500 are in default. The changes in these notes payable to related party consisted of the following during the three months ended March 31, 2018: March 31, December 31, Notes payable at beginning of period $ 68,696 $ - Borrowings on notes payable - 65,500 Repayment - - Accumulated interest 1,084 3,469 Interest transferred to related party (1,084 ) - Notes payable – related party $ 68,696 $ 68,696 During the year ended December 31, 2017, the Company borrowed a total of $4,275 from the CEO of the Company, repaid $4,330 to the CEO, and the amount due to the CEO was $3,145 as of December 31, 2017. The advance carries 0% interest rate, is unsecured, and is due on demand. Other Related Party Transaction Michael Delin, a director of the Company, provides accounting services to the Company through an entity he owns. During the three month ended March 31, 2018, the Company paid Mr. Delin $3,500 for such services.

Convertible Debenture - Related

Convertible Debenture - Related Party	3 Months Ended
	Mar. 31, 2018
Convertible Debenture - Related Party [Abstract]
CONVERTIBLE DEBENTURE - RELATED PARTY	3. CONVERTIBLE DEBENTURE – RELATED PARTY The Company entered into two 10% Secured Convertible Debentures with a significant shareholder in the amount of $50,000 on November 4, 2013 and $60,000 on December 17, 2013. The debentures carry a one-year term and are convertible into common stock at conversion price equal to the lower of $400 or 80% of the previous day’s closing price. The note was in default at March 31, 2018. The changes in these outstanding convertible notes payable to related party consisted of the following during the three months ended March 31, 2018: March 31, December 31, Convertible debenture – related party at beginning of period $ 19,055 $ 17,287 Conversion - - Repayment - - Accumulated interest 463 1,768 Convertible debenture – related party at end of period $ 19,518 $ 19,055

Derivative Liabilities

Derivative Liabilities	3 Months Ended
	Mar. 31, 2018
Derivative Liabilities [Abstract]
DERIVATIVE LIABILITIES	4. DERIVATIVE LIABILITIES As noted above, the Company entered into two 10% Secured Convertible Debentures with a significant shareholder, one in the amount of $50,000 on November 4, 2013 and the other in the amount of $60,000 on December 17, 2013. The debentures carry a one-year term and are convertible into common stock at a conversion price equal to the lower of $400 or 80% of the previous day’s closing price. The Company assesses the fair value of the convertible debenture using the Black Scholes pricing model and records a derivative liability for the value. The Company then assesses the fair value quarterly based on the Black Scholes Model and increases or decreases the liability to the new value and records a corresponding gain or loss (see below for variables used in assessing the fair value). Due to the variable conversion rates, the Company treats the convertible debenture as a derivative liability in accordance with the provisions of ASC 815 “Derivatives and Hedging” (ASC 815). ASC 815 applies to any freestanding financial instruments or embedded features that have the characteristics of a derivative and to any freestanding financial instruments that potentially settle in an entity’s own common stock. The fair value of the conversion options was determined using the Black-Scholes Option Pricing Model and the following significant assumptions during the three months ended March 31, 2018. March 31, December 31, Risk-free interest rate at grant date 0.45 % 0.45 % Expected stock price volatility 249 % 228 % Expected dividend payout - - Expected option in life-years 1 1 The change in fair value of the conversion option derivative liability consisted of the following during the year ended December 31, 2017: March 31, 2018 December 31, Conversion option liability (beginning balance) $ 19,406 $ 12,567 Additional liability due to new convertible note - Loss on changes in fair market value of conversion option liability 7,527 6,839 Net conversion option liability $ 26,933 $ 19,406 Change in fair market value of conversion option liability resulted in a loss of $7,527 for the three months ended March 31, 2018 and $6,839 for the year ended December 31, 2017.

Equity

Equity	3 Months Ended
	Mar. 31, 2018
Equity [Abstract]
EQUITY	5. EQUITY On September 29, 2017, the Company filed a Certificate of Designation of Series C Preferred Stock with the Secretary of State of Nevada. The Company authorized 7,000 shares of preferred stock as Series C Preferred Stock. The Company has issued 7,000 shares of Series C Preferred Stock. Each holder of outstanding shares of Series C Preferred Stock shall be entitled to cast the number of votes equal to the number of whole shares of common stock into which the shares of Series C Preferred Stock held by such holder are convertible as of the record date for determining stockholders entitled to vote on such matter. The Series C Preferred Stock is convertible into common stock at a conversion ratio determined by dividing the Series C Original Issue Price of $100 per share by the conversion price of $2.00 (such that each share of Series C Preferred Stock is convertible into 50 shares of common stock). The Series C Preferred Stock will vote on an as-converted basis with the common stock, and in the event any dividends are paid on the common stock, the Series C Preferred Stock will be entitled to dividends on an as-converted basis. If a Distribution Event (as defined in the Series C Certificate of Designation) occurs, the Company will pay to the holders of Series C Preferred Stock $30,000 for every $120,000 received from such Distribution Event, and the number of outstanding shares of Series C Preferred Stock will be reduced by an amount determined by dividing the amount of such payment by the Series C Original Issue Price. A Distribution Event is defined as the receipt by the Company of $120,000 in proceeds from a financing not involving any holder of Series C Preferred Stock, or any fiscal period in which the Company generated gross profits of $120,000 or more. In the event the Corporation shall at any time after the Series C Original Issue Date issue Additional Shares of Common Stock, without consideration or for a consideration per share less than the Series C Conversion Price in effect immediately prior to such issue, then the Series C Conversion Price shall be reduced, concurrently with such issue. On September 29, 2017, the Company issued 7,000 shares of Series C Preferred Shares in connection with an Asset Purchase Agreement. The value of the shares issued amount to $820,451. The valuation of the Preferred Shares was determined by an independent financial analyst. On October 25, 2017, the Company filed a Certificate of Amendment to its Articles of Incorporation with the Secretary of State of Nevada, pursuant to which a one-for-200 reverse split of its common stock was effected and the Company changed its name to Tech Town Holdings Inc, effective November 2, 2017. All share and per share amounts herein retroactively reflect the split.

Subsequent Event

Subsequent Event	3 Months Ended
	Mar. 31, 2018
Subsequent Event [Abstract]
SUBSEQUENT EVENT	6. SUBSEQUENT EVENT On April 3, 2018, the Company entered into an exchange agreement with The Vantage Group Ltd. (“Vantage”). Pursuant to the exchange agreement, Vantage exchanged outstanding promissory notes of the Company in the aggregate principal amount of $518,225 (including accrued interest) held by Vantage for a new convertible promissory note of the Company in the principal amount of $518,225. The convertible note bears interest at the rate of 7% per year and is convertible into shares of common stock of the Company at a conversion price of $0.027. On April 3, 2018, the Company entered into an exchange agreement with Lyle Hauser. Pursuant to the exchange agreement, Mr. Hauser exchanged outstanding promissory notes of the Company in the aggregate principal amount of $68,969 (including accrued interest) held by Mr. Hauser for a new convertible promissory note of the Company in the principal amount of $68,969. The convertible note bears interest at the rate of 7% per year and is convertible into shares of common stock of the Company at a conversion price of $0.0005. Lyle Hauser (directly and through Vantage, which he owns) is the Company’s largest stockholder. On April 3, 2018, the Company issued an aggregate of 9,300,000 shares of common stock to Vantage upon the conversion of (i) $241,650 of Vantage’s convertible note and (ii) 7,000 shares of Series C Preferred Stock. In connection with the conversion, Vantage waived any dividends owed to Vantage as the holder of the Series C Preferred Stock. On April 6, 2018, the Company issued an aggregate of 9,000,000 shares of common stock upon the conversion of a convertible note in the principal amount (including accrued interest) of $243,000. On April 13, 2018, the Company entered into a $10,000, 7% Promissory Note with a significant shareholder. The note has a six month term.

Basis of Presentation & Going12

Basis of Presentation & Going Concern (Policies)	3 Months Ended
	Mar. 31, 2018
Basis of Presentation & Going Concern [Abstract]
Basis of Presentation	Basis of Presentation The accompanying unaudited consolidated financial statements of Hash Labs Inc., a Nevada corporation (the “Company”), have been prepared in accordance with the instructions to Form 10-Q and do not include all of the information and footnotes required by accounting principles generally accepted in the United States of America for complete consolidated financial statements. These unaudited consolidated financial statements and related notes should be read in conjunction with the Company’s Form 10-K for the fiscal year ended December 31, 2017. In the opinion of management, these unaudited consolidated financial statements reflect all adjustments that are of a normal recurring nature and which are necessary to present fairly the financial position of the Company as of March 31, 2018, and the results of operations and cash flows for the three months ended March 31, 2018 and 2017. The results of operations for the three months ended March 31, 2018 are not necessarily indicative of the results that may be expected for the entire fiscal year.
Nature of Business Operations	Nature of Business Operations Our Company was originally formed on November 1, 2005 when Bio-Solutions International, Inc. (“Bio-Solutions”) entered into an Agreement and Plan of Merger with OmniMed Acquisition Corp., a Nevada corporation and a wholly-owned subsidiary of Bio-Solutions, OmniMed International, Inc. (“OmniMed”) and the shareholders of OmniMed. Pursuant to the agreement, Bio-Solutions acquired all of the outstanding equity stock from the OmniMed shareholders. As a result, the OmniMed shareholders assumed control of Bio-Solutions and changed the name of the Company to OmniMed International, Inc., effective November 21, 2006. On January 17, 2006, OmniMed changed its name to MedeFile International, Inc. The Company’s business following the closing of this agreement was the sale of an Internet-enabled Personal Health Record (iPHR) system for gathering, digitizing, maintaining, accessing and sharing an individual’s medical records, and in connection therewith, providing a professional service specializing in HIPAA compliant retrieval, reproduction and release of information. Under this service, Company personnel go onsite to physicians’ offices weekly to reproduce the records requested by third parties. In October 2017, the name of the Company was changed to Tech Town Holdings, Inc. to reflect a new business strategy centered on identifying and fostering new or early stage business opportunities being aggressively fueled by digital reinvention and innovation. To that end, our business-building platform was segmented into six focused categories, for which we planned to advance numerous technology development projects: ● Digital News Aggregation ● Digital Entertainment and Gaming ● Digital Health and Wellness ● Cryptocurrencies and Blockchain Technologies ● CannaTech ● Mobile App Design and Development However, following closer scrutiny of the new business opportunities we were exploring in late 2017, coupled with our evaluation of market trends and growth dynamics in their respective categories, we determined that a more prudent strategy was to narrow our focus, working instead on capitalizing on global growth opportunities in a single industry category. At this time, we continue to evaluate prevailing opportunities for our Company and anticipate determining a focused course of action in mid-2018. In January 2018, the Company’s name was changed to Hash Labs Inc. We also continue to provide a professional service specializing in HIPAA compliant retrieval, reproduction and release of information.
Going Concern	Going Concern The accompanying unaudited consolidated financial statements have been prepared contemplating a continuation of the Company as a going concern. However, the Company incurred a net loss of $100,923 for the three months ended March 31, 2018 and has negative working capital of $1,026,287 as of March 31, 2018. The accompanying unaudited consolidated financial statements have been prepared assuming the Company will continue as a going concern. The operating losses and working capital deficit raise substantial doubt about the Company’s ability to continue as a going concern. The Company’s ability to obtain additional financing depends on the success of its growth strategy and its future performance, each of which is subject to general economic, financial, competitive, legislative, regulatory and other factors beyond the Company’s control. The unaudited consolidated financial statements do not include any adjustments relating to the recoverability and classification of recorded assets, or the amounts of and classification of liabilities that might be necessary in the event the Company cannot continue in existence. We will need to raise additional capital in order to continue operations. Financing transactions may include the issuance of equity or debt securities, obtaining credit facilities, or other financing mechanisms. Additional financing may not be available on terms acceptable to the Company, or at all. Further, if we issue additional equity or debt securities, stockholders may experience additional dilution or the new equity securities may have rights, preferences or privileges senior to those of existing holders of our common stock. If additional financing is not available or is not available on acceptable terms, we will have to curtail or cease our operations.
Financial Accounting Pronouncements	Financial Accounting Pronouncements In May 2014, the FASB issued ASU No. 2014-09, “Revenue from Contracts with Customers.” ASU 2014-09 is a comprehensive revenue recognition standard that has superseded nearly all existing revenue recognition guidance under current U.S. GAAP and replaced it with a principle based approach for determining revenue recognition. ASU 2014-09 requires that companies recognize revenue based on the value of transferred goods or services as they occur in the contract. The ASU also requires additional disclosure about the nature, amount, timing and uncertainty of revenue and cash flows arising from customer contracts, including significant judgments and changes in judgments and assets recognized from costs incurred to obtain or fulfill a contract. ASU 2014-09 is effective for interim and annual periods beginning after December 15, 2017. The Company’s primary source of revenue is from providing a professional service that specializes in HIPAA compliant retrieval, reproduction and release of information. Orders are fulfilled as requested, then invoiced. Once payment is received, revenue is recognized when records are delivered. During the fourth quarter of 2017, the Company finalized its assessment related to the new standard and determined that the timing of revenue recognition related to the Company’s revenues will remain consistent between the new standard and the previous standard. The Company adopted ASU 2014-09 effective January 1, 2018 using the modified retrospective method, and there was no cumulative adjustment to retained earnings.
Fair Value of Financial Instruments	Fair Value of Financial Instruments Cash and Equivalents, Deposits In-Transit, Receivables, Prepaid and Other Current Assets, Accounts Payable, Accrued Salaries and Wages and Other Current Liabilities The carrying amounts of these items approximated fair value. 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. To increase the comparability of fair value measures, Financial Accounting Standards Board (“FASB”) ASC Topic 820-10-35 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 measurement) and the lowest priority to unobservable inputs (level 3 measurements). Level 1 Level 2 Level 3 The application of the three levels of the fair value hierarchy under Topic 820-10-35 to our assets and liabilities as of March 31, 2018 and December 31, 2017 are described below: Fair Value Measurements Level 1 Level 2 Level 3 Total March 31, 2018: Liabilities Derivative Liabilities $ - $ - $ 26,933 $ 26,933 Total $ - $ - $ 26,933 $ 26,933 December 31, 2017: Liabilities Derivative Liabilities $ - $ - $ 19,406 $ 19,406 Total $ - $ - $ 19,406 $ 19,406 Derivative liability as of March 31, 2018 was $26,933, compared to $19,406 as of December 31, 2017.

Basis of Presentation & Going13

Basis of Presentation & Going Concern (Tables)	3 Months Ended
	Mar. 31, 2018
Basis of Presentation & Going Concern [Abstract]
Schedule of three levels of fair value hierarchy to assets and liabilities	Fair Value Measurements Level 1 Level 2 Level 3 Total March 31, 2018: Liabilities Derivative Liabilities $ - $ - $ 26,933 $ 26,933 Total $ - $ - $ 26,933 $ 26,933 December 31, 2017: Liabilities Derivative Liabilities $ - $ - $ 19,406 $ 19,406 Total $ - $ - $ 19,406 $ 19,406

Notes Payable - Related Party (

Notes Payable - Related Party (Tables)	3 Months Ended
	Mar. 31, 2018
Notes Payable - Related Party One [Member]
Short-term Debt [Line Items]
Summary of changes in notes payable to related party	March 31, December 31, Notes payable – related party at beginning of period $ 470,603 231,569 Borrowings on notes payable – related party 41,000 215,500 Accumulated interest 6,622 23,534 Notes payable – related party $ 518,225 470,603
Notes Payable - Related Party Two [Member]
Short-term Debt [Line Items]
Summary of changes in notes payable to related party	March 31, Notes payable – related party at beginning of period $ 15,000 Borrowings on notes payable – related party Accumulated interest 1,113 Notes payable – related party $ 16,113
Notes Payable - Related Party Three [Member]
Short-term Debt [Line Items]
Summary of changes in notes payable to related party	March 31, December 31, Notes payable at beginning of period $ 110,688 $ 103,248 Borrowings on notes payable - - Repayment - - Accumulated interest 1,910 7,440 Notes payable – related party $ 112,598 $ 110,688
Notes Payable Related Party Four [Member]
Short-term Debt [Line Items]
Summary of changes in notes payable to related party	March 31, December 31, Notes payable at beginning of period $ 68,696 $ - Borrowings on notes payable - 65,500 Repayment - - Accumulated interest 1,084 3,469 Interest transferred to related party (1,084 ) - Notes payable – related party $ 68,696 $ 68,696

Convertible Debenture - Relat15

Convertible Debenture - Related Party (Tables)	3 Months Ended
	Mar. 31, 2018
Convertible Debenture - Related Party [Abstract]
Schedule of outstanding convertible notes payable to related party	March 31, December 31, Convertible debenture – related party at beginning of period $ 19,055 $ 17,287 Conversion - - Repayment - - Accumulated interest 463 1,768 Convertible debenture – related party at end of period $ 19,518 $ 19,055

Derivative Liabilities (Tables)

Derivative Liabilities (Tables)	3 Months Ended
	Mar. 31, 2018
Derivative Liabilities [Abstract]
Schedule of fair value of the conversion options	March 31, December 31, Risk-free interest rate at grant date 0.45 % 0.45 % Expected stock price volatility 249 % 228 % Expected dividend payout - - Expected option in life-years 1 1
Schedule of fair value of the conversion option derivative liability	March 31, 2018 December 31, Conversion option liability (beginning balance) $ 19,406 $ 12,567 Additional liability due to new convertible note - Loss on changes in fair market value of conversion option liability 7,527 6,839 Net conversion option liability $ 26,933 $ 19,406

Basis of Presentation & Going17

Basis of Presentation & Going Concern (Details) - USD ($)	Mar. 31, 2018	Dec. 31, 2017
Liabilities
Derivative Liabilities	$ 26,933	$ 19,406
Total	26,933	19,406
Level 1 [Member]
Liabilities
Derivative Liabilities
Total
Level 2 [Member]
Liabilities
Derivative Liabilities
Total
Level 3 [Member]
Liabilities
Derivative Liabilities	26,933	19,406
Total	$ 26,933	$ 19,406

Basis of Presentation & Going18

Basis of Presentation & Going Concern (Details Textual) - USD ($)	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017	Dec. 31, 2017
Basis of Presentation & Going Concern (Textual)
Derivative liability	$ 26,933		$ 19,406
Net loss	(100,923)	$ (107,600)
Negative working capital	$ 1,026,287

Notes Payable - Related Party19

Notes Payable - Related Party (Details) - USD ($)	3 Months Ended		12 Months Ended
	Mar. 31, 2018	Mar. 31, 2017	Dec. 31, 2017
Short-term Debt [Line Items]
Borrowings on notes payable - related party	$ 56,025	$ 96,500
Notes Payable - Related Party One [Member]
Short-term Debt [Line Items]
Notes payable - related party at beginning of period	470,603	231,569	$ 231,569
Borrowings on notes payable - related party	41,000		215,500
Accumulated interest	6,622		23,534
Notes payable - related party	518,225		470,603
Notes Payable - Related Party Two [Member]
Short-term Debt [Line Items]
Notes payable - related party at beginning of period	15,000	103,248	103,248
Borrowings on notes payable - related party
Accumulated interest	1,113
Notes payable - related party	16,113		15,000
Notes Payable - Related Party Three [Member]
Short-term Debt [Line Items]
Notes payable - related party at beginning of period	110,688	103,248	103,248
Borrowings on notes payable - related party
Repayment
Accumulated interest	1,910		7,440
Notes payable - related party	112,598		110,688
Notes Payable Related Party Four [Member]
Short-term Debt [Line Items]
Notes payable - related party at beginning of period	68,696
Borrowings on notes payable - related party			65,500
Repayment
Accumulated interest	1,084		3,469
Interest transferred to related party	(1,084)
Notes payable - related party	$ 68,696		$ 68,696

Notes Payable - Related Party20

Notes Payable - Related Party (Details Textual) - USD ($)	Jul. 15, 2016	Mar. 21, 2018	Mar. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Unsecured Promissory Notes [Member]
Note Payable - Related Party (Textual)
Unsecured promissory notes, description			The Company entered into five additional notes totaling $41,000 with an interest rate of 7	The Company entered into additional unsecured 7% Promissory Notes totaling $215,500.
Unsecured promissory notes total			$ 277,000	$ 300,000
Unsecured promissory notes issuance and total			41,000
CEO [Member]
Note Payable - Related Party (Textual)
Total borrowings amount			25	4,275
Repaid related party amount				4,330
Amount due to the CEO			$ 3,170	$ 3,145
Percentage of advance carries interest rate			0.00%
Significant Shareholder [Member] | Unsecured Promissory Notes [Member]
Note Payable - Related Party (Textual)
Unsecured promissory notes, description	The Company entered into an unsecured 7% Promissory Notes with a significant shareholder in the amount of $100,000.	The Company, entered into an unsecured 7% Promissory Note with a significant shareholder in the amount of $15,000.		The Company entered into five unsecured 7% Promissory Notes with a significant shareholder totaling $65,500.	The Company entered into eight unsecured 7% Promissory Notes with a significant shareholder.
Unsecured promissory notes total	$ 100,000	$ 15,000		$ 65,500	$ 222,000
Unsecured promissory notes mature, description		The note has a term of one year.	One year term.
Unsecured promissory notes issuance and total			$ 65,500
Director [Member]
Note Payable - Related Party (Textual)
Amount paid for services			$ 3,500

Convertible Debenture - Relat21

Convertible Debenture - Related Party (Details) - USD ($)	3 Months Ended	12 Months Ended
	Mar. 31, 2018	Dec. 31, 2017
Convertible Debenture - Related Party [Abstract]
Convertible debenture - related party at beginning of period	$ 19,055
Conversion
Repayment
Accumulated interest	463	1,768
Convertible debenture - related party at end of period	$ 19,518	$ 19,055

Convertible Debenture - Relat22

Convertible Debenture - Related Party (Details Textual) - Secured Convertible Debentures [Member] - USD ($)	Nov. 04, 2013	Mar. 31, 2018	Dec. 17, 2013
Convertible Debenture - Related Party (Textual)
Conversion of features, description		The debentures carry a one-year term and are convertible into common stock at a conversion price equal to the lower of $400 or 80% of the previous day's closing price.
Significant Shareholder [Member]
Convertible Debenture - Related Party (Textual)
Convertible debentures, description	The Company entered into two 10% Secured Convertible Debentures.
Related Party [Member]
Convertible Debenture - Related Party (Textual)
Convertible debenture	$ 50,000		$ 60,000

Derivative Liabilities (Details

Derivative Liabilities (Details) - Warrants [Member]	3 Months Ended	12 Months Ended
	Mar. 31, 2018	Dec. 31, 2017
Schedule of fair value of the conversion options
Risk-free interest rate at grant date	0.45%	0.45%
Expected stock price volatility	228.00%	228.00%
Expected dividend payout
Expected option in life-years	1 year	1 year

Derivative Liabilities (Detai24

Derivative Liabilities (Details 1) - USD ($)	3 Months Ended	12 Months Ended
	Mar. 31, 2018	Dec. 31, 2017
Schedule of fair value of the conversion option derivative liability
Conversion option liability (beginning balance)	$ 19,406
Net conversion option liability	26,933	$ 19,406
Conversion Option [Member]
Schedule of fair value of the conversion option derivative liability
Conversion option liability (beginning balance)	19,406	12,567
Additional liability due to new convertible note
Loss on changes in fair market value of conversion option liability	7,527	6,839
Net conversion option liability	$ 26,933	$ 19,406

Derivative Liabilities (Detai25

Derivative Liabilities (Details Textual) - Secured Convertible Debentures [Member]	Dec. 17, 2013USD ($)SecuredConvertibleDebentures	Nov. 04, 2013USD ($)SecuredConvertibleDebentures	Mar. 31, 2018USD ($)	Dec. 31, 2017USD ($)
Derivative Liabilities (Textual)
Secured convertible debentures interest rate	10.00%	10.00%
Term on secured convertible debentures	1 year	1 year
Conversion of features, description			The debentures carry a one-year term and are convertible into common stock at a conversion price equal to the lower of $400 or 80% of the previous day's closing price.
Change in fair market value of conversion option liability (gain)			$ 7,527	$ 6,839
Convertible debenture issued	$ 60,000	$ 50,000
Number of secured convertible debentures | SecuredConvertibleDebentures	2	2

Equity (Details)

Equity (Details) - USD ($)	1 Months Ended			3 Months Ended
	Oct. 25, 2017	Sep. 30, 2017	Sep. 29, 2017	Mar. 31, 2018	Dec. 31, 2017
Class of Stock [Line Items]
Preferred stock, shares authorized				10,000,000	10,000,000
Preferred stock, shares issued
Common stock reverse split, description	One-for-200 reverse split
Series C Preferred Stock
Class of Stock [Line Items]
Preferred stock, shares authorized			7,000	7,000	7,000
Preferred stock, shares issued			7,000	7,000	7,000
Description of convertible preferred stock			The Series C Preferred Stock is convertible into common stock at a conversion ratio determined by dividing the Series C Original Issue Price of $100 per share by the conversion price of $2.00 (such that each share of Series C Preferred Stock is convertible into 50 shares of common stock).
Payments of shareholders			$ 30,000
Proceeds from issuance of preferred stock			120,000
Received from such distribution event			$ 120,000
Gross profits of shares				$ 120,000
Stock issued shares value		$ 820,451
Stock Issued shares		7,000

Subsequent Event (Details)

Subsequent Event (Details) - Subsequent Event [Member] - USD ($)	Apr. 06, 2018	Apr. 03, 2018	Apr. 13, 2018	Mar. 30, 2018
Subsequent Event (Textual)
Aggregate of common stock shares issued	9,000,000
Aggregate of common stock shares issued value	$ 243,000
Vantage Group Ltd [Member]
Subsequent Event (Textual)
Convertible price		$ 0.027
Aggregate principal amount		$ 518,225
Convertible promissory note principal amount		$ 518,225
Percentage of interest rate		7.00%
Aggregate of common stock shares issued		9,300,000
Aggregate of common stock shares issued value		$ 241,650
Lyle Hauser [Member]
Subsequent Event (Textual)
Convertible price		$ 0.0005		$ 0.0005
Aggregate principal amount		$ 68,969
Convertible promissory note principal amount		$ 68,969
Percentage of interest rate		7.00%
Significant Shareholder [Member]
Subsequent Event (Textual)
Convertible promissory note principal amount			$ 10,000
Percentage of interest rate			7.00%
Series C Preferred Stock [Member] | Vantage Group Ltd [Member]
Subsequent Event (Textual)
Aggregate of common stock shares issued		7,000
Promissory note maturity, description		The note has a six month term.