Document and Entity Information
Document and Entity Information - shares | 3 Months Ended | |
Dec. 31, 2019 | Jan. 20, 2020 | |
Document and Entity Information [Abstract] | ||
Entity Registrant Name | Inspired Builders, Inc. | |
Entity Central Index Key | 0001509786 | |
Amendment Flag | false | |
Current Fiscal Year End Date | --09-30 | |
Document Type | 10-Q | |
Document Period End Date | Dec. 31, 2019 | |
Document Fiscal Period Focus | Q1 | |
Document Fiscal Year Focus | 2020 | |
Entity Current Reporting Status | Yes | |
Entity Filer Category | Non-accelerated Filer | |
Entity Small Business | true | |
Entity Shell Company | true | |
Entity Emerging Growth Company | false | |
Entity Ex Transition Period | false | |
Entity Common Stock, Shares Outstanding | 1,011,254 | |
Entity File Number | 333-171636 | |
Entity Interactive Data Current | Yes | |
Entity Incorporation State Country Code | NV |
Condensed Balance Sheets (Unaud
Condensed Balance Sheets (Unaudited) - USD ($) | Dec. 31, 2019 | Sep. 30, 2019 |
ASSETS | ||
Cash and equivalents | $ 59 | $ 101 |
Total assets | 59 | 101 |
Current Liabilities: | ||
Accounts payable and accrued expenses | 49,312 | 20,364 |
Loans and Notes Payable - related party | 9,341 | 5,762 |
Total liabilities | 58,653 | 26,126 |
Commitments and Contingencies (See Note 6) | ||
Stockholders' deficit: | ||
Preferred Stock, $0.001 par value, 5,000,000 shares authorized, none issued and outstanding | ||
Common stock, $0.001 par value, 250,000,000 shares authorized, 1,011,254 and 1,011,254 shares issued and outstanding, respectively | 1,011 | 1,011 |
Additional paid in capital | 1,486,849 | 1,486,849 |
Accumulated deficit | (1,546,454) | (1,513,885) |
Total Stockholders' deficit | (58,594) | (26,025) |
TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT | $ 59 | $ 101 |
Condensed Balance Sheets (Una_2
Condensed Balance Sheets (Unaudited) (Parenthetical) - $ / shares | Dec. 31, 2019 | Sep. 30, 2019 |
Statement of Financial Position [Abstract] | ||
Preferred stock, par value | $ 0.001 | $ 0.001 |
Preferred stock, shares authorized | 5,000,000 | 5,000,000 |
Preferred stock, shares issued | ||
Preferred stock, shares outstanding | ||
Common stock, par value | $ 0.001 | $ 0.001 |
Common stock, shares authorized | 250,000,000 | 250,000,000 |
Common stock, shares issued | 1,011,254 | 1,011,254 |
Common stock, shares outstanding | 1,011,254 | 1,011,254 |
Condensed Statements of Operati
Condensed Statements of Operations (Unaudited) - USD ($) | 3 Months Ended | |
Dec. 31, 2019 | Dec. 31, 2018 | |
OPERATING EXPENSES | ||
General and administrative | $ 35,763 | $ 21,748 |
Total operating expenses | 35,763 | 21,748 |
LOSS FROM OPERATIONS | (35,763) | (21,748) |
Other expenses | ||
Interest expense | (32) | |
Cancellation of debt income from write off of debt | 3,194 | |
Total other income (expense) | 3,194 | (32) |
Net Loss before provision for income taxes | (32,569) | (21,780) |
Provision for income taxes | ||
NET LOSS | $ (32,569) | $ (21,780) |
Net loss per share - basic and diluted | $ (0.03) | $ (0.02) |
Weighted average number of shares outstanding during the period - basic and diluted | 1,011,254 | 1,011,254 |
Statement of Stockholders' Defi
Statement of Stockholders' Deficit (Unaudited) - USD ($) | Preferred Stock | Common Stock | Additional Paid-in Capital | Accumulated Deficit | Total |
Balance at Sep. 30, 2018 | $ 1,011 | $ 1,451,949 | $ (1,455,520) | $ (2,560) | |
Balance, Shares at Sep. 30, 2018 | 1,011,254 | ||||
Capital Contribution | 4,800 | 4,800 | |||
Net Loss | (21,780) | (21,780) | |||
Balance at Dec. 31, 2018 | $ 1,011 | 1,456,749 | (1,477,300) | (19,540) | |
Balance, Shares at Dec. 31, 2018 | 1,011,254 | ||||
Balance at Sep. 30, 2019 | $ 1,011 | 1,486,849 | (1,513,885) | (26,025) | |
Balance, Shares at Sep. 30, 2019 | 1,011,254 | ||||
Net Loss | (32,569) | (32,569) | |||
Balance at Dec. 31, 2019 | $ 1,011 | $ 1,486,849 | $ (1,546,454) | $ (58,594) | |
Balance, Shares at Dec. 31, 2019 | 1,011,254 |
Condensed Statements of Cash Fl
Condensed Statements of Cash Flows (Unaudited) - USD ($) | 3 Months Ended | |
Dec. 31, 2019 | Dec. 31, 2018 | |
CASH FLOWS FROM OPERATING ACTIVITIES: | ||
Net loss | $ (32,569) | $ (21,780) |
Adjustments to reconcile net loss to net cash used in operating activities: | ||
Cancellation of debt income | (3,194) | |
Changes in operating assets and liabilities: | ||
Increase in accounts payable and accrued interest | 29,642 | 14,415 |
Net Cash Used In Operating Activities | (6,121) | (7,365) |
CASH FLOWS FROM FINANCING ACTIVITIES: | ||
Contribution of Capital | 4,800 | |
Loans from related parties | 6,079 | |
Net Cash Provided by Financing Activities | 6,079 | 4,800 |
NET DECREASE IN CASH | (42) | (2,565) |
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD | 101 | 3,647 |
CASH AND CASH EQUIVALENTS AT END OF PERIOD | 59 | 1,082 |
Supplemental disclosure of cash flow information: | ||
Cash paid for Income taxes | ||
Cash paid for Interest expense |
General Organization and Busine
General Organization and Business | 3 Months Ended |
Dec. 31, 2019 | |
Organization, Consolidation and Presentation of Financial Statements [Abstract] | |
GENERAL ORGANIZATION AND BUSINESS | NOTE 1. GENERAL ORGANIZATION AND BUSINESS Inspired Builders, Inc. (the "Company") was incorporated in the State of Nevada in February 2010. Until August 15, 2017 the Company was directing its focus on acquiring, investing in, developing and managing real estate properties and related investments. On August 15, 2017, pursuant to a change in control transaction, we relocated to Miami, Florida and ceased all operations as a real estate company. On February 15, 2018, Inspired Builders (the "Company"), the majority shareholders of the Company (the "Sellers") and Santa Alba, LLC (the "Purchaser") entered into a stock purchase agreement (the "Stock Purchase Agreement"), whereby the Purchaser purchased from the Sellers 956,440 shares of common stock, par value $0.001 per share, of the Company (the "Shares"), representing approximately 94.58% of the issued and outstanding shares of the Company, for an aggregate purchase price of $300,000 (the "Purchase Price"). On February 15, 2018, the closing of the transaction occurred ("Closing Date"). Also, in connection therewith, Scott Silverman, the Company's sole officer and Director, resigned from his positions and named Kai Ming Zhao as sole director and to the positions of CEO, CFO, Chief Accounting Officer and Secretary. In connection with the change in control, the Company plans to implement its business plan by acquiring a business in the technology and intellectual property industry. There is no assurance at this point, however, that such plan will be executed. The accompanying unaudited condensed financial statements have been prepared in accordance with accounting principles generally accepted in The United States of America and the rules and regulations of the Securities and Exchange Commission for interim financial information. Accordingly, they do not include all of the information necessary for a comprehensive presentation of financial position and results of operations. The unaudited interim financial statements should be read in conjunction with the financial statements and related notes included in our Annual Report on form 10-K for the year ended September 30, 2019, filed with the SEC on November 12, 2019. The interim results for the period ended December 31, 2019 are not necessarily indicative of expected results for the full fiscal year. It is management's opinion, however that all material adjustments (consisting of normal recurring adjustments) have been made which are necessary for a fair financial statements presentation. |
Summary of Significant Accounti
Summary of Significant Accounting Policies | 3 Months Ended |
Dec. 31, 2019 | |
Accounting Policies [Abstract] | |
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES | NOTE 2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Cash and Cash Equivalents Cash and cash equivalents are reported in the balance sheet at cost, which approximates fair value. For the purpose of the financial statements cash equivalents include all highly liquid investments with an original maturity of three months or less when purchased. There were no cash equivalents at December 31, 2019 and September 30, 2019. Earnings (Loss) per Share In accordance with accounting guidance now codified as FASB ASC Topic 260, "Earnings per Share," basic earnings (loss) per share is computed by dividing net income (loss) by weighted average number of shares of common stock outstanding during each period. Diluted earnings (loss) per share is computed by dividing net income (loss) by the weighted average number of shares of common stock, common stock equivalents and potentially dilutive securities outstanding during the period. As of December 31, 2019 and December 31, 2018, the Company did not have any outstanding dilutive securities. Reverse Stock Split On May 15, 2018, the Company's board of directors approved a reverse stock split whereby each one hundred (100) shares of our Common Stock was converted automatically into one (1) share of Common Stock. To avoid the issuance of fractional shares of Common Stock, the Company issued an additional share to all holders of a fractional share. The effective date of the reverse stock split was July 9, 2018, the Company has 1,011,254 issued and outstanding shares of common stock. The reverse split is reflected retrospectively in the accompanying financial statements. Income Taxes The Company adopted FASB ASC 740, Income Taxes Fair Value of Financial Investments The fair value of cash and cash equivalents, accounts payable, accrued liabilities, and loans and notes payable approximates the carrying amount of these financial instruments due to their short-term maturity. Use of Estimates The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenue and expenses during the reporting period. Actual results could differ from those estimates. Revenue Recognition Effective October 1, 2018, the Company adopted the guidance of ASC 606, Revenue from Contracts We have no source of revenue as we are currently a shell company which is moving forward with the business of identifying and entering into a business combination with a privately held business or company. As such, we recognize no revenue. Recent accounting pronouncements In July 2018, the FASB issued accounting standard update ("ASU") No. 2017-02, "Leases (Topic 842)" Leases (Topic 842 Accounting standards-setting organizations frequently issue new or revised accounting rules. We regularly review all new pronouncements to determine their impact, if any, on our financial statements. |
Going Concern
Going Concern | 3 Months Ended |
Dec. 31, 2019 | |
Going Concern [Abstract] | |
GOING CONCERN | NOTE 3. GOING CONCERN As reflected in the accompanying financial statements, the Company has a net loss of $32,569, an accumulated deficit of $1,546,454 and working capital deficit of $58,594 as of December 31, 2019. In addition, the Company has not had revenues since May 2011 and the only prospect for positive cash flow is through the issuance of common stock or debt. If the Company does not begin to generate sufficient revenue or raise additional funds through a financing, the Company may need to incur additional liabilities with certain related parties to sustain the Company's existence. There are currently no plans or agreements in place to provide such funding. The Company will require additional funding to finance the growth of its future operations as well as to achieve its strategic objectives. This raises substantial doubt about its ability to continue as a going concern. The ability of the Company to continue as a going concern is dependent on the Company's ability to raise additional capital and generate revenue. The financial statements do not include any adjustments that might be necessary if the Company is unable to continue as a going concern. |
Loans Payable - Related Party
Loans Payable - Related Party | 3 Months Ended |
Dec. 31, 2019 | |
Loans Payable – Related Party [Abstract] | |
LOANS PAYABLE – RELATED PARTY | NOTE 4. LOANS PAYABLE – RELATED PARTY On January 29, 2019, the Company's CEO loaned the company $250 to pay for operational expenses. The loan is interest free and payable on demand. On February 12, 2019, the Company's CEO loaned the company $2,512 to pay for operational expenses. The loan is interest free and payable on demand. On February 25, 2019, the Company's CEO loaned the company $500 to pay for operational expenses. The loan is interest free and payable on demand. On October 1, 2019, the Company's CEO loaned the company $3,000 to pay for operational expenses. The loan is interest free and payable on demand. On October 31, 2019, the Company's CEO loaned the company $1,834 to pay for operational expenses. The loan is interest free and payable on demand. On November 11, 2019, the Company's CEO loaned the company $1,245 to pay for operational expenses. The loan is interest free and payable on demand. |
Notes Payable - Related Parties
Notes Payable - Related Parties | 3 Months Ended |
Dec. 31, 2019 | |
Notes Payable - Related Parties [Abstract] | |
NOTES PAYABLE - RELATED PARTIES | NOTE 5. NOTES PAYABLE – RELATED PARTIES On January 13, 2012, the Company entered into a 12-month unsecured promissory note in the amount of $211,000. Interest accrues in arrears on the outstanding principal at the rate of ten percent (10.00%) per annum. Interest shall be payable on the last day of each quarter, commencing March 30, 2012, and continuing until the maturity date. Should the maker fail to pay the entire principal and accrued interest by the maturity date, the maker agrees that the interest rate shall increase to twelve percent (12.00%) per annum. On May 10, 2013, the Company and the related party agreed to extend the maturity of the loan for an additional year or until January 13, 2014. The loan maturity dates were further extended to January 13, 2016. On May 22, 2012, the Company borrowed an additional $32,714 from the related party, with the same terms, the loan maturity dates were extended to January 13, 2016. On September 17, 2012, the Company borrowed an additional $22,032 from the related party, with the same terms, the loan maturity dates were extended to January 13, 2016. On February 7, 2013, the Company borrowed an additional $28,773 from the related party, with the same terms, and on July 31, 2013, the Company borrowed an additional $30,000 from the related party, with the same terms. The loans maturity dates were further extended to February 7, 2016 and July 31, 2016, respectively. On December 20, 2013, the Company borrowed $2,500, on January 7, 2014, the Company borrowed $5,000, on February 6, 2014, the Company borrowed $5,520, the loans maturity dates were further extended to December 20, 2015 and January 7, 2016. On February 17, 2014, the Company borrowed $4,400 and on June 26, 2014, the Company borrowed $3,080, the loans maturity dates were further extended to February 6, 2016 and February 17, 2016, respectively. On November 15, 2016, the Company and the related party entered into a Release and Settlement Agreement whereby $342,519 in principal and $149,258 in accrued interest was forgiven. The transaction was accounted for as contributed capital. On December 31, 2019, the Company obtained a legal opinion that the note payable for $2,500 was no longer collectible under the statute of limitations in the State of California, the jurisdiction where the note was written. As a result, the principal amount of $2,500 and accrued interest of $694 was written off and accounted for as Cancellation of Debt Income. The total outstanding principal at December 31, 2019 and September 30, 2019 amounted to $0 and $2,500, respectively. Accrued interest at December 31, 2019 and September 30, 2019, amounted to $0 and $694, respectively. |
Commitments and Contingencies
Commitments and Contingencies | 3 Months Ended |
Dec. 31, 2019 | |
Commitments and Contingencies Disclosure [Abstract] | |
COMMITMENTS AND CONTINGENCIES | NOTE 6. COMMITMENTS AND CONTINGENCIES From time to time, the Company may become involved in various lawsuits and legal proceedings, which arise in the ordinary course of business. However, litigation is subject to inherent uncertainties, and an adverse result in these or other matters may arise that may harm its business. The Company is currently not aware of any such legal proceedings or claims that they believe will have, individually or in the aggregate, a material adverse effect on its business, financial condition or operating results. |
Concentration of Credit Risk
Concentration of Credit Risk | 3 Months Ended |
Dec. 31, 2019 | |
Risks and Uncertainties [Abstract] | |
CONCENTRATION OF CREDIT RISK | NOTE 7. CONCENTRATION OF CREDIT RISK The Company relies heavily on the support of its president and majority shareholder. A withdrawal of this support, for any reason, will have a material adverse effect on the Company's financial position and its operations. |
Related Party Transactions
Related Party Transactions | 3 Months Ended |
Dec. 31, 2019 | |
Related Party Transactions [Abstract] | |
RELATED PARTY TRANSACTIONS | NOTE 8. RELATED PARTY TRANSACTIONS On January 13, 2012, the Company entered into a 12-month unsecured promissory note in the amount of $211,000. Interest accrues in arrears on the outstanding principal at the rate of ten percent (10.00%) per annum. Interest shall be payable on the last day of each quarter, commencing March 30, 2012, and continuing until the maturity date. Should the maker fail to pay the entire principal and accrued interest by the maturity date, the maker agrees that the interest rate shall increase to twelve percent (12.00%) per annum. On May 10, 2013, the Company and the related party agreed to extend the maturity of the loan for an additional year or until January 13, 2014. The loan maturity dates were further extended to January 13, 2016. On May 22, 2012, the Company borrowed an additional $32,714 from the related party, with the same terms, the loan maturity dates were extended to January 13, 2016. On September 17, 2012, the Company borrowed an additional $22,032 from the related party, with the same terms, the loan maturity dates were extended to January 13, 2016. On February 7, 2013, the Company borrowed an additional $28,773 from the related party, with the same terms, and on July 31, 2013, the Company borrowed an additional $30,000 from the related party, with the same terms. The loans maturity dates were further extended to February 7, 2016 and July 31, 2016, respectively. On December 20, 2013, the Company borrowed $2,500, on January 7, 2014, the Company borrowed $5,000, on February 6, 2014, the Company borrowed $5,520, the loans maturity dates were further extended to December 20, 2015 and January 7, 2016. On February 17, 2014, the Company borrowed $4,400 and on June 26, 2014, the Company borrowed $3,080, the loans maturity dates were further extended to February 6, 2016 and February 17, 2016, respectively. On November 15, 2016, the Company and the related party entered into a Release and Settlement Agreement whereby $342,519 in principal and $149,258 in accrued interest was forgiven. The transaction was accounted for as contributed capital. On December 31, 2019, the Company obtained a legal opinion that the note payable for $2,500 was no longer collectible under the statute of limitations in the State of California, the jurisdiction where the note was written. As a result, the principal amount of $2,500 and accrued interest of $694 was written off and accounted for as Cancellation of Debt Income. The total outstanding principal at December 31, 2019 and September 30, 2019 amounted to $0 and $2,500, respectively. Accrued interest at December 31, 2019 and September 30, 2019, amounted to $0 and $694, respectively. On January 29, 2019, the Company's CEO loaned the company $250 to pay for operational expenses. The loan is interest free and payable on demand. On February 12, 2019, the Company's CEO loaned the company $2,512 to pay for operational expenses. The loan is interest free and payable on demand. On February 25, 2019, the Company's CEO loaned the company $500 to pay for operational expenses. The loan is interest free and payable on demand. On October 1, 2019, the Company's CEO loaned the company $3,000 to pay for operational expenses. The loan is interest free and payable on demand. On October 31, 2019, the Company's CEO loaned the company $1,834 to pay for operational expenses. The loan is interest free and payable on demand. On November 11, 2019, the Company's CEO loaned the company $1,245 to pay for operational expenses. The loan is interest free and payable on demand. |
Summary of Significant Accoun_2
Summary of Significant Accounting Policies (Policies) | 3 Months Ended |
Dec. 31, 2019 | |
Accounting Policies [Abstract] | |
Cash and Cash Equivalents | Cash and Cash Equivalents Cash and cash equivalents are reported in the balance sheet at cost, which approximates fair value. For the purpose of the financial statements cash equivalents include all highly liquid investments with an original maturity of three months or less when purchased. There were no cash equivalents at December 31, 2019 and September 30, 2019. |
Earnings (Loss) per Share | Earnings (Loss) per Share In accordance with accounting guidance now codified as FASB ASC Topic 260, "Earnings per Share," basic earnings (loss) per share is computed by dividing net income (loss) by weighted average number of shares of common stock outstanding during each period. Diluted earnings (loss) per share is computed by dividing net income (loss) by the weighted average number of shares of common stock, common stock equivalents and potentially dilutive securities outstanding during the period. As of December 31, 2019 and December 31, 2018, the Company did not have any outstanding dilutive securities. |
Reverse Stock Split | Reverse Stock Split On May 15, 2018, the Company's board of directors approved a reverse stock split whereby each one hundred (100) shares of our Common Stock was converted automatically into one (1) share of Common Stock. To avoid the issuance of fractional shares of Common Stock, the Company issued an additional share to all holders of a fractional share. The effective date of the reverse stock split was July 9, 2018, the Company has 1,011,254 issued and outstanding shares of common stock. The reverse split is reflected retrospectively in the accompanying financial statements. |
Income Taxes | Income Taxes The Company adopted FASB ASC 740, Income Taxes |
Fair Value of Financial Investments | Fair Value of Financial Investments The fair value of cash and cash equivalents, accounts payable, accrued liabilities, and loans and notes payable approximates the carrying amount of these financial instruments due to their short-term maturity. |
Use of Estimates | Use of Estimates The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenue and expenses during the reporting period. Actual results could differ from those estimates. |
Revenue Recognition | Revenue Recognition Effective October 1, 2018, the Company adopted the guidance of ASC 606, Revenue from Contracts We have no source of revenue as we are currently a shell company which is moving forward with the business of identifying and entering into a business combination with a privately held business or company. As such, we recognize no revenue. |
Recent accounting pronouncements | Recent accounting pronouncements In July 2018, the FASB issued accounting standard update ("ASU") No. 2017-02, "Leases (Topic 842)" Leases (Topic 842 Accounting standards-setting organizations frequently issue new or revised accounting rules. We regularly review all new pronouncements to determine their impact, if any, on our financial statements. |
General Organization and Busi_2
General Organization and Business (Details) - $ / shares | Dec. 31, 2019 | Sep. 30, 2019 | Feb. 15, 2018 |
General Organization and Business (Textual) | |||
Common stock, shares issued | 1,011,254 | 1,011,254 | |
Common stock, par value | $ 0.001 | $ 0.001 | |
Majority Shareholder [Member] | |||
General Organization and Business (Textual) | |||
Common stock, shares issued | 956,440 | ||
Common stock, par value | $ 0.001 | ||
Ownership percentage | 94.58% | ||
Shares price | $ 300,000 |
Summary of Significant Accoun_3
Summary of Significant Accounting Policies (Details) | May 15, 2018 |
Summary of Significant Accounting Policies (Textual) | |
Reverse stock split, description | The Company's board of directors approved a reverse stock split whereby each one hundred (100) shares of our Common Stock was converted automatically into one (1) share of Common Stock. To avoid the issuance of fractional shares of Common Stock, the Company issued an additional share to all holders of a fractional share. The effective date of the reverse stock split was July 9, 2018, the Company has 1,011,254 issued and outstanding shares of common stock. The reverse split is reflected retrospectively in the accompanying financial statements. |
Going Concern (Details)
Going Concern (Details) - USD ($) | 3 Months Ended | ||
Dec. 31, 2019 | Dec. 31, 2018 | Sep. 30, 2019 | |
Going Concern (Textual) | |||
Net loss | $ (32,569) | $ (21,780) | |
Working capital deficit | 58,594 | ||
Accumulated deficit | $ (1,546,454) | $ (1,513,885) |
Loans Payable _ Related Party (
Loans Payable – Related Party (Details) - USD ($) | Nov. 11, 2019 | Oct. 31, 2019 | Oct. 01, 2019 | Feb. 25, 2019 | Feb. 12, 2019 | Jan. 29, 2019 |
Chief Executive Officer [Member] | ||||||
Loans Payable – Related Party (Textual) | ||||||
Loan amount | $ 1,245 | $ 1,834 | $ 3,000 | $ 500 | $ 2,512 | $ 250 |
Notes Payable - Related Parti_2
Notes Payable - Related Parties (Details) - USD ($) | Jan. 13, 2012 | Dec. 31, 2019 | Sep. 30, 2019 | Nov. 15, 2016 | Jun. 26, 2014 | Feb. 17, 2014 | Feb. 06, 2014 | Jan. 07, 2014 | Dec. 20, 2013 | Jul. 31, 2013 | Feb. 07, 2013 | Sep. 17, 2012 | May 22, 2012 |
Notes Payable - Related Parties (Textual) | |||||||||||||
Accrued interest | $ 0 | $ 694 | |||||||||||
Total outstanding principal | 0 | $ 2,500 | |||||||||||
Note payable | 2,500 | ||||||||||||
Cancellation of Debt Income [Member] | |||||||||||||
Notes Payable - Related Parties (Textual) | |||||||||||||
Accrued interest | 694 | ||||||||||||
Total outstanding principal | $ 2,500 | ||||||||||||
Unsecured Promissory Note [Member] | |||||||||||||
Notes Payable - Related Parties (Textual) | |||||||||||||
Period of unsecured promissory note | 12 months | ||||||||||||
Unsecured promissory note | $ 211,000 | ||||||||||||
Interest rate | 10.00% | ||||||||||||
Increase interest rate incase of failure in repayment of note payable | 12.00% | ||||||||||||
Additional notes payable borrowed from related party | $ 3,080 | $ 4,400 | $ 5,520 | $ 5,000 | $ 2,500 | $ 30,000 | $ 28,773 | $ 22,032 | $ 32,714 | ||||
Accrued interest | $ 149,258 | ||||||||||||
Total outstanding principal | $ 342,519 |
Related Party Transactions (Det
Related Party Transactions (Details) - USD ($) | Jan. 13, 2012 | Dec. 31, 2019 | Nov. 11, 2019 | Oct. 31, 2019 | Oct. 01, 2019 | Sep. 30, 2019 | Feb. 25, 2019 | Feb. 12, 2019 | Jan. 29, 2019 | Nov. 15, 2016 | Jun. 26, 2014 | Feb. 17, 2014 | Feb. 06, 2014 | Jan. 07, 2014 | Dec. 20, 2013 | Jul. 31, 2013 | Feb. 07, 2013 | Sep. 17, 2012 | May 22, 2012 |
Related Party Transactions (Textual) | |||||||||||||||||||
Related party loan | $ 9,341 | $ 5,762 | |||||||||||||||||
Total outstanding principal | 0 | 2,500 | |||||||||||||||||
Accrued interest | 0 | $ 694 | |||||||||||||||||
Note payable | 2,500 | ||||||||||||||||||
CEO [Member] | |||||||||||||||||||
Related Party Transactions (Textual) | |||||||||||||||||||
Loan amount | $ 1,245 | $ 1,834 | $ 3,000 | $ 500 | $ 2,512 | $ 250 | |||||||||||||
Cancellation of Debt Income [Member] | |||||||||||||||||||
Related Party Transactions (Textual) | |||||||||||||||||||
Total outstanding principal | 2,500 | ||||||||||||||||||
Accrued interest | $ 694 | ||||||||||||||||||
Unsecured promissory note [Member] | |||||||||||||||||||
Related Party Transactions (Textual) | |||||||||||||||||||
Related party loan | $ 211,000 | ||||||||||||||||||
Interest rate | 10.00% | ||||||||||||||||||
Increase interest rate incase of failure in repayment of note payable | 12.00% | ||||||||||||||||||
Additional notes payable borrowed from related party | $ 3,080 | $ 4,400 | $ 5,520 | $ 5,000 | $ 2,500 | $ 30,000 | $ 28,773 | $ 22,032 | $ 32,714 | ||||||||||
Total outstanding principal | $ 342,519 | ||||||||||||||||||
Accrued interest | $ 149,258 | ||||||||||||||||||
Duration of unsecured promissory note | 12 months |