Cover
Cover - shares | 9 Months Ended | |
Sep. 30, 2022 | Jan. 13, 2023 | |
Cover [Abstract] | ||
Document Type | 10-Q | |
Amendment Flag | false | |
Document Quarterly Report | true | |
Document Transition Report | false | |
Document Period End Date | Sep. 30, 2022 | |
Document Fiscal Period Focus | Q3 | |
Document Fiscal Year Focus | 2022 | |
Current Fiscal Year End Date | --12-31 | |
Entity File Number | 333-157783 | |
Entity Registrant Name | FLOWERKIST SKIN CARE AND COSMETICS, INC. | |
Entity Central Index Key | 0001458023 | |
Entity Tax Identification Number | 26-4083754 | |
Entity Incorporation, State or Country Code | NV | |
Entity Address, Address Line One | 22431 Antonio Parkway | |
Entity Address, Address Line Two | Suite 160 | |
Entity Address, City or Town | Rancho Margarita | |
Entity Address, Country | CA | |
Entity Address, Postal Zip Code | 92688 | |
City Area Code | (949) | |
Local Phone Number | 525-3278 | |
Entity Current Reporting Status | Yes | |
Entity Interactive Data Current | Yes | |
Entity Filer Category | Non-accelerated Filer | |
Entity Small Business | true | |
Entity Emerging Growth Company | true | |
Elected Not To Use the Extended Transition Period | true | |
Entity Shell Company | true | |
Entity Common Stock, Shares Outstanding | 130,212 |
Balance Sheets (Unaudited)
Balance Sheets (Unaudited) - USD ($) | Sep. 30, 2022 | Dec. 31, 2021 |
Statement of Financial Position [Abstract] | ||
Total assets | ||
Current liabilities: | ||
Accounts payable | 15,895 | |
Notes payable- related parties | 23,572 | 1,972 |
Total current liabilities | 39,467 | 1,972 |
Total Liabilities | 39,467 | 1,972 |
Commitments and contingencies | ||
Stockholders’ Deficit: | ||
Preferred stock: $0.0001 par value 10,000,000 shares authorized, 10,000,000 shares issued and outstanding as of September 30, 2022 and December, 31, 2021 | 1,000 | 1,000 |
Common stock, $0.001 par value, 300,000,000 shares authorized; 130,212 shares issued and outstanding as of September 30, 2022 and December 31, 2021 | 130 | 130 |
Additional paid-in capital | 3,375,074 | 3,375,074 |
Accumulated deficit | (3,415,671) | (3,378,176) |
Total stockholders’ equity | (39,467) | (1,972) |
Total liabilities and equity |
Balance Sheets (Unaudited) (Par
Balance Sheets (Unaudited) (Parenthetical) - $ / shares | Sep. 30, 2022 | Dec. 31, 2021 |
Statement of Financial Position [Abstract] | ||
Preferred stock, par value (in dollars per share) | $ 0.0001 | $ 0.0001 |
Preferred stock, shares authorized | 10,000,000 | 10,000,000 |
Preferred stock, shares issued | 10,000,000 | 10,000,000 |
Preferred stock, shares outstanding | 10,000,000 | 10,000,000 |
Common stock, par value (in dollars per share) | $ 0.001 | $ 0.001 |
Common stock, shares authorized | 300,000,000 | 300,000,000 |
Common stock, shares issued | 130,212 | 130,212 |
Common stock, shares outstanding | 130,212 | 130,212 |
Statements of Operations (Unaud
Statements of Operations (Unaudited) - USD ($) | 3 Months Ended | 9 Months Ended | ||
Sep. 30, 2022 | Sep. 30, 2021 | Sep. 30, 2022 | Sep. 30, 2021 | |
Income Statement [Abstract] | ||||
Revenue | ||||
Cost of revenue | ||||
Gross profit | ||||
Operating expenses: | ||||
General and administrative | 15,895 | 37,495 | ||
Total operating expenses | 15,895 | 37,495 | ||
Income loss from operations | (15,895) | (37,495) | ||
Other income (expense) | ||||
Interest income (expense) | ||||
Gain from extinguishment of debt | ||||
Total other income (expense) | ||||
Net loss | $ (15,895) | $ (37,495) | ||
Basic and diluted earnings (loss) per common share | $ (0.12) | $ (0.29) | ||
Weighted-average number of common shares outstanding: | ||||
Basic and diluted | 130,212 | 130,212 | 130,212 | 130,212 |
Statements of Changes in Shareh
Statements of Changes in Shareholders Equity (Unaudited) - USD ($) | Preferred Stock [Member] | Common Stock [Member] | Additional Paid-in Capital [Member] | Retained Earnings [Member] | Total |
Beginning balance, value at Dec. 31, 2020 | $ 1,000 | $ 130 | $ 3,369,729 | $ (3,376,204) | $ (5,345) |
Beginning balance, shares at Dec. 31, 2020 | 10,000,000 | 130,212 | |||
Net income (loss) | |||||
Contribution from former related party | 5,345 | 5,345 | |||
Ending balance, value at Sep. 30, 2021 | $ 1,000 | $ 130 | 3,375,074 | (3,376,204) | |
Ending balance, shares at Sep. 30, 2021 | 10,000,000 | 130,212 | |||
Beginning balance, value at Dec. 31, 2021 | $ 1,000 | $ 130 | 3,375,074 | (3,378,176) | (1,972) |
Beginning balance, shares at Dec. 31, 2021 | 10,000,000 | 130,212 | |||
Net income (loss) | (37,495) | (37,495) | |||
Ending balance, value at Sep. 30, 2022 | $ 1,000 | $ 130 | $ 3,375,074 | $ (3,415,671) | $ (39,467) |
Ending balance, shares at Sep. 30, 2022 | 10,000,000 | 130,212 |
Statements of Cash flows (Unaud
Statements of Cash flows (Unaudited) - USD ($) | 9 Months Ended | |
Sep. 30, 2022 | Sep. 30, 2021 | |
Cash flows used in operating activities: | ||
Net loss | $ (37,495) | |
Changes in operating assets and liabilities | ||
Accounts payable | 15,895 | |
Net cash provided by (used in) operating activities | (21,600) | |
Cash flows used in investing activities: | ||
Net cash provided by (used in) investing activities | ||
Cash flows from financing activities: | ||
Notes payable -related parties | 21,600 | |
Net cash provided by (used in) financing activities | 21,600 | |
Net increase (decrease) in cash and cash equivalents | ||
Cash and cash equivalents at beginning of period | ||
Cash and cash equivalents at end of period | ||
Supplemental disclosure of non-cash information: | ||
Forgiveness of debt by former related party due to a change of control | $ 5,345 |
ORGANIZATION AND DESCRIPTION OF
ORGANIZATION AND DESCRIPTION OF BUSINESS | 9 Months Ended |
Sep. 30, 2022 | |
Accounting Policies [Abstract] | |
ORGANIZATION AND DESCRIPTION OF BUSINESS | NOTE 1 – ORGANIZATION AND DESCRIPTION OF BUSINESS Flowerkist Skin Care And Cosmetics, Inc. f/k/a 3D MakerJet, Inc. (“Flowerkist” or the “Company”), formerly known as American Business Change Agents, Inc., was incorporated under the laws of the State of Nevada on January 12, 2009. On May 4, 2014, the name of the Company was changed to 3D MakerJet, Inc. The Company had been developing a business plan focused on the sale of 3D printers, scanners, and ancillary equipment. 3D MakerJet, Inc. On May 4, 2014, the name of the Company was changed to 3D MakerJet, Inc. the Company has been dormant since January 2016. On July 14, 2020, as a result of a custodianship in Clark County, Nevada, Case Number: A-20-816260-B, Custodian Ventures LLC (“Custodian”) was appointed custodian of the Company. David Lazar is the managing member of Custodian. On July 16, 2020, Custodian appointed David Lazar as the Company’s Chief Executive Officer, President, Secretary, Chief Financial Officer, Chief Executive Officer, and Chairman of the Board of Directors. On January 29, 2021, the Board of Directors of the Company approved the change in the Company’s fiscal year-end from July 31 to December 31. As required, the Company will file a transition report on Form 10-K covering the transition period with the Securities and Exchange Commission. On March 22, 2021, as a result of a private transaction, 10,000,000 0.001 70 250,000 On March 22, 2021, the existing director and officer resigned immediately. Accordingly, David Lazar, serving as a director and an officer, ceased to be the Company’s Chief Executive Officer, Chief Financial Officer, President, Treasurer, Secretary, and a Director. At the effective date of the transfer, Barry Clark consented to act as the new President, CEO, CFO, Treasurer, Secretary, and Chairman of the Board of Directors of the Company. On August 17, 2021, 3D Makerjet, Inc., amended its Articles of Incorporation change its name to Flowerkist Skin Care and Cosmetics, Inc. The change was made in anticipation of entering into a new line of business operations. Also on August 17, 2021, the Company amended its articles of incorporation to reverse split its common stock at a rate of 1 for 1,000 On September 14, 2021, Stephanie Parker was appointed as a director and as President and Secretary of the Company. Also, on September 14, 2021, Ms. Parker accepted such an appointment. Ms. Parker is not independent using the definition of independence under NASDAQ Listing Rule 5605(a)(2) and the standards established by the Securities and Exchange Commission. Ms. Parker was formerly married to Barry Clark. |
SUMMARY OF SIGNIFICANT ACCOUNTI
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES | 9 Months Ended |
Sep. 30, 2022 | |
Accounting Policies [Abstract] | |
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES | NOTE 2 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Basis of Presentation The accompanying financial statements have been prepared in accordance with the Financial Accounting Standards Board (“ FASB Codification GAAP Going Concern The accompanying consolidated financial statements have been prepared assuming the Company will continue as a going concern, which contemplates the realization of assets and the satisfaction of liabilities in the normal course of business for the twelve months following the date of these consolidated financial statements are available. The Company has incurred significant operating losses since its inception. As of September 30, 2022, the Company had no cash on hand, a working capital deficit of $ 39,467 3,415,671 Reverse Stock Split On August 17, 2021, the Company initiated a 1 for 1,000 130,200,000 130,212 Because the Company does not expect that existing operational cash flow will be sufficient to fund presently anticipated operations, this raises substantial doubt about the Company’s ability to continue as a going concern. Therefore, the Company will need to raise additional funds and is currently exploring alternative sources of financing. Historically, the Company raised capital through private placements, to finance working capital needs and may attempt to raise capital through the sale of common stock or other securities and obtaining some short-term loans. The Company will be required to continue to so until its operations become profitable. Also, the Company has, in the past, paid for consulting services with its common stock to maximize working capital, and intends to continue this practice where feasible. Management’s Representation of Interim Financial Statements The accompanying unaudited condensed consolidated financial statements have been prepared by the Company without audit pursuant to the rules and regulations of the Securities and Exchange Commission (“SEC”). The Company uses the same accounting policies in preparing quarterly and annual financial statements. Certain information and footnote disclosures normally included in financial statements prepared in accordance with accounting principles generally accepted in the United States (“GAAP”) have been condensed or omitted as allowed by such rules and regulations, and management believes that the disclosures are adequate to make the information presented not misleading. These condensed consolidated financial statements include all of the adjustments, which in the opinion of management are necessary to a fair presentation of financial position and results of operations. All such adjustments are of a normal and recurring nature. Interim results are not necessarily indicative of results for a full year. These condensed consolidated financial statements should be read in conjunction with the audited consolidated financial statements and notes thereto on December 31, 2021, as presented in the Company’s Annual Report on Form 10-K filed on April 15, 2022, with the SEC. Use of Estimates The preparation of financial statements in conformity with US GAAP requires management to make estimates and assumptions that affect the reported amounts of liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. The most significant estimates relate to income taxes and contingencies. The Company bases its estimates on historical experience, known or expected trends, and various other assumptions that are believed to be reasonable given the quality of information available as of the date of these financial statements. The results of these assumptions provide the basis for making estimates about the carrying amounts of assets and liabilities that are not readily apparent from other sources. Actual results could differ from these estimates. Cash and cash equivalents The Company considers all highly liquid temporary cash investments with an original maturity of three months or less to be cash equivalents. On September 30, 2022, and December 31, 2021, the Company’s cash equivalents totaled $- 0 0 Income taxes The Company accounts for income taxes under FASB ASC 740, “Accounting for Income Taxes” “Accounting for Uncertainty in Income Taxes” The amount recognized is measured as the largest amount of benefit that is greater than 50 percent likely of being realized upon ultimate settlement Net Loss per Share Net loss per common share is computed by dividing net loss by the weighted average common shares outstanding during the period as defined by Financial Accounting Standards, ASC Topic 260, “Earnings per Share.” Basic earnings per common share (“EPS”) calculations are determined by dividing net income by the weighted average number of shares of common stock outstanding during the quarter or year, respectively. Diluted earnings per common share calculations are determined by dividing net income by the weighted average number of common shares and dilutive common share equivalents outstanding. Recent Accounting Pronouncements There are no recent accounting pronouncements that impact the Company’s operations. |
RELATED PARTY DEBT
RELATED PARTY DEBT | 9 Months Ended |
Sep. 30, 2022 | |
Related Party Transactions [Abstract] | |
RELATED PARTY DEBT | NOTE 3 – RELATED PARTY DEBT As of September 30, 2022, and December 31, 2021, the balance of related party loans was $ 23,572 1,972 |
EQUITY
EQUITY | 9 Months Ended |
Sep. 30, 2022 | |
Equity Method Investments and Joint Ventures [Abstract] | |
EQUITY | NOTE 4 – EQUITY Common Stock Reverse Stock Split On August 17, 2021, the Company initiated a 1 for 1,000 130,200,000 130,212 The Company has authorized 300,000,000 0.001 130,212 130,212 Preferred Stock On September 24, 2020, the Company designated 10,000,000 0.0001 Custodian Ventures these shares that carry 30 to 1 conversion rights into common shares. These shares were awarded in return for a reduction of $10,000 of related party loans extended by Custodian Ventures to the Company 2,450,000 On March 22, 2021, as a result of a private transaction, these 10,000,000 70 As of September 30, 2022, and December 31, 2021, there were 10,000,000 10,000,000 |
COMMITMENTS AND CONTINGENCIES
COMMITMENTS AND CONTINGENCIES | 9 Months Ended |
Sep. 30, 2022 | |
Commitments and Contingencies Disclosure [Abstract] | |
COMMITMENTS AND CONTINGENCIES | NOTE 5 – COMMITMENTS AND CONTINGENCIES The Company did no |
SUBSEQUENT EVENTS
SUBSEQUENT EVENTS | 9 Months Ended |
Sep. 30, 2022 | |
Subsequent Events [Abstract] | |
SUBSEQUENT EVENTS | NOTE 6 – SUBSEQUENT EVENTS In accordance with SFAS 165 (ASC 855-10) management has performed an evaluation of subsequent events through the date that the financial statements were available to be issued and has determined that it does not have any material subsequent events to disclose in these financial statements with the exception of the following: |
SUMMARY OF SIGNIFICANT ACCOUN_2
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies) | 9 Months Ended |
Sep. 30, 2022 | |
Accounting Policies [Abstract] | |
Basis of Presentation | Basis of Presentation The accompanying financial statements have been prepared in accordance with the Financial Accounting Standards Board (“ FASB Codification GAAP |
Going Concern | Going Concern The accompanying consolidated financial statements have been prepared assuming the Company will continue as a going concern, which contemplates the realization of assets and the satisfaction of liabilities in the normal course of business for the twelve months following the date of these consolidated financial statements are available. The Company has incurred significant operating losses since its inception. As of September 30, 2022, the Company had no cash on hand, a working capital deficit of $ 39,467 3,415,671 |
Reverse Stock Split | Reverse Stock Split On August 17, 2021, the Company initiated a 1 for 1,000 130,200,000 130,212 Because the Company does not expect that existing operational cash flow will be sufficient to fund presently anticipated operations, this raises substantial doubt about the Company’s ability to continue as a going concern. Therefore, the Company will need to raise additional funds and is currently exploring alternative sources of financing. Historically, the Company raised capital through private placements, to finance working capital needs and may attempt to raise capital through the sale of common stock or other securities and obtaining some short-term loans. The Company will be required to continue to so until its operations become profitable. Also, the Company has, in the past, paid for consulting services with its common stock to maximize working capital, and intends to continue this practice where feasible. |
Management’s Representation of Interim Financial Statements | Management’s Representation of Interim Financial Statements The accompanying unaudited condensed consolidated financial statements have been prepared by the Company without audit pursuant to the rules and regulations of the Securities and Exchange Commission (“SEC”). The Company uses the same accounting policies in preparing quarterly and annual financial statements. Certain information and footnote disclosures normally included in financial statements prepared in accordance with accounting principles generally accepted in the United States (“GAAP”) have been condensed or omitted as allowed by such rules and regulations, and management believes that the disclosures are adequate to make the information presented not misleading. These condensed consolidated financial statements include all of the adjustments, which in the opinion of management are necessary to a fair presentation of financial position and results of operations. All such adjustments are of a normal and recurring nature. Interim results are not necessarily indicative of results for a full year. These condensed consolidated financial statements should be read in conjunction with the audited consolidated financial statements and notes thereto on December 31, 2021, as presented in the Company’s Annual Report on Form 10-K filed on April 15, 2022, with the SEC. |
Use of Estimates | Use of Estimates The preparation of financial statements in conformity with US GAAP requires management to make estimates and assumptions that affect the reported amounts of liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. The most significant estimates relate to income taxes and contingencies. The Company bases its estimates on historical experience, known or expected trends, and various other assumptions that are believed to be reasonable given the quality of information available as of the date of these financial statements. The results of these assumptions provide the basis for making estimates about the carrying amounts of assets and liabilities that are not readily apparent from other sources. Actual results could differ from these estimates. |
Cash and cash equivalents | Cash and cash equivalents The Company considers all highly liquid temporary cash investments with an original maturity of three months or less to be cash equivalents. On September 30, 2022, and December 31, 2021, the Company’s cash equivalents totaled $- 0 0 |
Income taxes | Income taxes The Company accounts for income taxes under FASB ASC 740, “Accounting for Income Taxes” “Accounting for Uncertainty in Income Taxes” The amount recognized is measured as the largest amount of benefit that is greater than 50 percent likely of being realized upon ultimate settlement |
Net Loss per Share | Net Loss per Share Net loss per common share is computed by dividing net loss by the weighted average common shares outstanding during the period as defined by Financial Accounting Standards, ASC Topic 260, “Earnings per Share.” Basic earnings per common share (“EPS”) calculations are determined by dividing net income by the weighted average number of shares of common stock outstanding during the quarter or year, respectively. Diluted earnings per common share calculations are determined by dividing net income by the weighted average number of common shares and dilutive common share equivalents outstanding. |
Recent Accounting Pronouncements | Recent Accounting Pronouncements There are no recent accounting pronouncements that impact the Company’s operations. |
ORGANIZATION AND DESCRIPTION _2
ORGANIZATION AND DESCRIPTION OF BUSINESS (Details Narrative) - USD ($) | 1 Months Ended | |
Aug. 17, 2021 | Mar. 22, 2021 | |
Restructuring Cost and Reserve [Line Items] | ||
Reverse stock split | 1 for 1,000 | |
Custodian Ventures LLC [Member] | ||
Restructuring Cost and Reserve [Line Items] | ||
Voting rights, percentage | 70% | |
Consideration paid | $ 250,000 | |
Custodian Ventures LLC [Member] | Series A Preferred Stock [Member] | ||
Restructuring Cost and Reserve [Line Items] | ||
Shares issued | 10,000,000 | |
Share price (in dollars per share) | $ 0.001 |
SUMMARY OF SIGNIFICANT ACCOUN_3
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details Narrative) - USD ($) | 1 Months Ended | 9 Months Ended | |
Aug. 17, 2021 | Sep. 30, 2022 | Dec. 31, 2021 | |
Accounting Policies [Abstract] | |||
Working capital deficit | $ 39,467 | ||
Accumulated deficit | 3,415,671 | $ 3,378,176 | |
Stockholders' Equity, Reverse Stock Split | 1 for 1,000 | ||
Shares outstanding prior to split | 130,200,000 | ||
Shares outstanding after split | 130,212 | ||
Cash equivalents | $ 0 | $ 0 | |
Settlement percentage, description | The amount recognized is measured as the largest amount of benefit that is greater than 50 percent likely of being realized upon ultimate settlement |
RELATED PARTY DEBT (Details Nar
RELATED PARTY DEBT (Details Narrative) - USD ($) | Sep. 30, 2022 | Dec. 31, 2021 |
Related Party Transactions [Abstract] | ||
Related party loans | $ 23,572 | $ 1,972 |
EQUITY (Details Narrative)
EQUITY (Details Narrative) - USD ($) | 1 Months Ended | ||||
Aug. 17, 2021 | Mar. 22, 2021 | Sep. 24, 2020 | Sep. 30, 2022 | Dec. 31, 2021 | |
Reverse stock split | 1 for 1,000 | ||||
Shares outstanding prior to split | 130,200,000 | ||||
Shares outstanding after split | 130,212 | ||||
Common stock, shares authorized | 300,000,000 | 300,000,000 | |||
Common stock, par value (in dollars per share) | $ 0.001 | $ 0.001 | |||
Common stock, shares issued | 130,212 | 130,212 | |||
Common stock, shares outstanding | 130,212 | 130,212 | |||
Preferred stock, shares authorized | 10,000,000 | 10,000,000 | |||
Preferred stock, par value (in dollars per share) | $ 0.0001 | $ 0.0001 | |||
Stock based compensation | $ 2,450,000 | ||||
Preferred stock, shares outstanding | 10,000,000 | 10,000,000 | |||
Custodian Ventures LLC [Member] | |||||
Voting rights, percentage | 70% | ||||
Series A Preferred Stock [Member] | |||||
Preferred stock, shares authorized | 10,000,000 | ||||
Preferred stock, par value (in dollars per share) | $ 0.0001 | ||||
Preferred Stock, description | Custodian Ventures these shares that carry 30 to 1 conversion rights into common shares. These shares were awarded in return for a reduction of $10,000 of related party loans extended by Custodian Ventures to the Company | ||||
Preferred stock, shares outstanding | 10,000,000 | 10,000,000 | |||
Series A Preferred Stock [Member] | Custodian Ventures LLC [Member] | |||||
Shares issued | 10,000,000 |
COMMITMENTS AND CONTINGENCIES (
COMMITMENTS AND CONTINGENCIES (Details Narrative) - USD ($) | Sep. 30, 2022 | Dec. 31, 2021 |
Commitments and Contingencies Disclosure [Abstract] | ||
Contractual commitments | $ 0 | $ 0 |