Document and Entity Information
Document and Entity Information - shares | 6 Months Ended | |
Mar. 31, 2020 | Apr. 27, 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 | Mar. 31, 2020 | |
Document Fiscal Period Focus | Q2 | |
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 Common Stock, Shares Outstanding | 1,011,254 | |
Entity File Number | 333-171636 | |
Entity Interactive Data Current | No | |
Entity Incorporation State Country Code | NV |
Condensed Balance Sheets
Condensed Balance Sheets - USD ($) | Mar. 31, 2020 | Sep. 30, 2019 |
CURRENT ASSETS: | ||
Cash | $ 101 | |
Total current assets | 101 | |
TOTAL ASSETS | 101 | |
CURRENT LIABILITIES: | ||
Accounts payable and Accrued Expenses | 3,587 | 20,364 |
Loan and Notes payable – Related Party | 67,360 | 5,762 |
Total current liabilities | 70,947 | 26,126 |
Commitments and Contingencies (See Note 6) | ||
STOCKHOLDERS' DEFICIT | ||
Preferred stock, par value $0.001 per share; 5,000,000 shares authorized; none shares issued and outstanding at March 31, 2020 and September 30, 2019, respectively | ||
Common stock, par value $0.001 per share; 250,000,000 shares authorized; 1,011,254 shares issued and outstanding at March 31, 2020 and September 30, 2019, respectively | 1,011 | 1,011 |
Additional paid in capital | 1,486,849 | 1,486,849 |
Accumulated deficit | (1,558,807) | (1,513,885) |
Total stockholders' deficit | (70,947) | (26,025) |
TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT | $ 101 |
Condensed Balance Sheets (Paren
Condensed Balance Sheets (Parenthetical) - $ / shares | Mar. 31, 2020 | 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 | 6 Months Ended | ||
Mar. 31, 2020 | Mar. 31, 2019 | Mar. 31, 2020 | Mar. 31, 2019 | |
Operating expenses | ||||
General and Administrative expenses | $ 12,353 | $ 13,333 | $ 48,116 | $ 35,081 |
Total operating expense | 12,353 | 13,333 | 48,116 | 35,081 |
Loss from operations | (12,353) | (13,333) | (48,116) | (35,081) |
Other Income (Expenses) | ||||
Cancellation of debt income from write off of debt | 3,194 | |||
Interest expense | (31) | (63) | ||
Total other income (expenses) | (31) | 3,194 | (63) | |
Net loss | $ (12,353) | $ (13,364) | $ (44,922) | $ (35,144) |
Net loss per common share – basic and diluted | $ (0.01) | $ (0.01) | $ (0.04) | $ (0.03) |
Weighted average common shares outstanding – basic and diluted | 1,011,254 | 1,011,254 | 1,011,254 | 1,011,254 |
Statement of Stockholders_ Defi
Statement of Stockholders’ Deficit (Unaudited) - USD ($) | 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 | |||
Capital Contribution | 30,100 | 30,100 | ||
Net Loss | (13,364) | (13,364) | ||
Balance at Mar. 31, 2019 | $ 1,011 | 1,486,849 | (1,490,664) | (2,804) |
Balance, Shares at Mar. 31, 2019 | 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 | |||
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 | (44,922) | |||
Balance at Mar. 31, 2020 | $ 1,011 | 1,486,849 | (1,558,807) | (70,947) |
Balance, Shares at Mar. 31, 2020 | 1,011,254 | |||
Balance at Dec. 31, 2019 | $ 1,011 | 1,486,849 | (1,546,454) | (58,594) |
Balance, Shares at Dec. 31, 2019 | 1,011,254 | |||
Net Loss | (12,353) | (12,353) | ||
Balance at Mar. 31, 2020 | $ 1,011 | $ 1,486,849 | $ (1,558,807) | $ (70,947) |
Balance, Shares at Mar. 31, 2020 | 1,011,254 |
Condensed Statements of Cash Fl
Condensed Statements of Cash Flows (Unaudited) - USD ($) | 6 Months Ended | |
Mar. 31, 2020 | Mar. 31, 2019 | |
CASHFLOWS FROM OPERATING ACTIVITIES: | ||
Net loss | $ (44,922) | $ (35,144) |
Adjustments to reconcile net loss to net cash (used in) operating activities: | ||
Write off of related party loans | (3,194) | |
Changes in net operating assets and liabilities: | ||
Accounts payable and accrued expenses | (16,083) | 8,564 |
NET CASH USED IN OPERATING ACTIVITIES | (64,699) | (26,580) |
CASHFLOWS FROM FINANCING ACTIVITIES: | ||
Proceeds from Related party loans | 73,439 | 3,262 |
Payment on Related party loans | (9,341) | |
Contribution of Capital | 34,900 | |
NET CASH PROVIDED BY FINANCING ACTIVITIES | 64,098 | 38,162 |
NET (DECREASE) INCREASE IN CASH | (101) | 11,582 |
CASH – BEGINNING OF PERIOD | 101 | 3,647 |
CASH – END OF PERIOD | 15,229 | |
Cash paid for: | ||
Income tax | ||
Interest |
Organization and basis of accou
Organization and basis of accounting | 6 Months Ended |
Mar. 31, 2020 | |
Organization, Consolidation and Presentation of Financial Statements [Abstract] | |
Organization and basis of accounting | Note 1 – Organization and basis of accounting Basis of Presentation and Organization 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. On January 16, 2020, Santa Alba, LLC sold the 956,440 shares of common stock to Custodian Ventures, LLC for an aggregate purchase price of $145,000. At this point there was a change of control of the Company and Kai Ming Zhao resigned as President, Secretary, Treasurer and Director and David Lazar was appointed as President, Secretary, Treasurer and Director. The Company's current business objective is to seek a business combination with an operating company. We intend to use the Company's limited personnel and financial resources in connection with such activities. The Company will utilize its capital stock, debt or a combination of capital stock and debt, in effecting a business combination. It may be expected that entering into a business combination will involve the issuance of restricted shares of capital stock. 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 condensed 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 March 31, 2020 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 | 6 Months Ended |
Mar. 31, 2020 | |
Accounting Policies [Abstract] | |
Summary of significant accounting policies | Note 2 – Summary of significant accounting policies Cash and Cash Equivalents For purposes of reporting within the statements of cash flows, the Company considers all cash on hand, cash accounts not subject to withdrawal restrictions or penalties, and all highly liquid debt instruments purchased with a maturity of three months or less to be cash and cash equivalents. 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 March 31, 2020 and 2019, the Company did not have any outstanding dilutive securities, respectively. Income Taxes The Company adopted FASB ASC 740, Income Taxes 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. The implementation of ASC 606 did not have a material impact on the Company's financial statements. ASC 606 creates a five-step model that requires entities to exercise judgment when considering the terms of contracts, which includes (1) identifying the contracts or agreements with a customer, (2) identifying our performance obligations in the contract or agreement, (3) determining the transaction price, (4) allocating the transaction price to the separate performance obligations, and (5) recognizing revenue as each performance obligation is satisfied. The Company only applies the five-step model to contracts when it is probable that the Company will collect the consideration it is entitled to in exchange for the services it transfers to its clients. The adoption of ASC 606 had no effect on previously reported balances. 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. 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. Recent Accounting Pronouncements In July 2018, the FASB issued accounting standard update ("ASU") No. 2017-02, "Leases (Topic 842)", ("ASU 2017-02") and ASU 2018-10, "Leases (Topic 842)", ("ASU 2018-10"), respectively. These ASU's require that an entity should recognize assets and liabilities for leases with a maximum possible term of more than 12 months. A lessee would recognize a liability to make lease payments (the lease liability) and a right-of-use asset representing its right to use the leased asset (the underlying asset) for the lease term. This guidance also provides accounting updates with respect to lessor accounting under a lease arrangement. This new lease guidance is effective for fiscal years beginning after December 15, 2018. Entities have the option of using either a full retrospective or a modified approach (cumulative effect adjustment in period of adoption) to adopt the new guidance. Early adoption is permitted for all entities. The Company currently leases no equipment or property, and therefore, the adoption on October 1, 2019 of the new standard has no effect on the Company's financial statements. 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 | 6 Months Ended |
Mar. 31, 2020 | |
Going Concern [Abstract] | |
Going Concern | Note 3 – Going Concern As reflected in the accompanying financial statements, the Company has a net loss of $44,922, an accumulated deficit of $1,558,807 and working capital deficit of $70,947 as of March 31, 2020. In addition, the Company has not had revenues since May 2011 and has relied on the support of its Chief Executive Officer 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. 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. The COVID-19 pandemic could have an impact on our ability to obtain financing to fund the operations. The Company is unable to predict the ultimate impact at this time. |
Related Party Transactions
Related Party Transactions | 6 Months Ended |
Mar. 31, 2020 | |
Related Party Transactions [Abstract] | |
Related Party Transactions | Note 4 – Related Party Transactions On January 16, 2020, Santa Alba, LLC sold the 956,440 shares of common stock to Custodian Ventures, LLC for an aggregate purchase price of $145,000. At this point there was a change of control of the Company and Kai Ming Zhao resigned as President, Secretary, Treasurer and Director and David Lazar was appointed as President, Secretary, Treasurer and Director. During the period October 1, 2019 thru January 16, 2020, Kai Ming Zhao advanced a total of $6,079 to the Company to pay operating expenses. During the six months ended March 31, 2020, the loan balance of $9,341 was fully repaid. As of March 31, 2020, the Company had a loan payable remaining of $0 to Kai Ming Zhao. During the period January 17, 2020 thru March 31, 2020, Custodian Ventures, LLC, a majority shareholder and an entity controlled by our Chief Executive Officer advanced a total of $67,360 to the Company to pay operating expenses. As of March 31, 2020, the Company had a loan payable remaining of $67,360 to Custodian Ventures, LLC. This loan is unsecured, non-interest bearing, and payable upon demand. |
Loans and Notes payable _ Relat
Loans and Notes payable – Related Parties | 6 Months Ended |
Mar. 31, 2020 | |
Loans and Notes Payable – Related Parties [Abstract] | |
Loans and Notes payable – Related Parties | Note 5 – Loans and 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 March 31, 2020 and December 31, 2019 amounted to $0 and $0, respectively. Accrued interest at March 31, 2020 and December 31, 2019, amounted to $0 and $0, respectively. During the period October 1, 2019 thru January 16, 2020, Kai Ming Zhao advanced a total of $6,079 to the Company to pay operating expenses. During the six months ended March 31, 2020, the loan balance of $9,341 was fully repaid. As of March 31, 2020, the Company had a loan payable remaining of $0 to Kai Ming Zhao. During the period January 17, 2020 thru March 31, 2020, Custodian Ventures, LLC, a majority shareholder and an entity controlled by our Chief Executive Officer advanced a total of $67,360 to the Company to pay operating expenses. As of March 31, 2020, the Company had a loan payable remaining of $67,360 to Custodian Ventures, LLC. This loan is unsecured, non-interest bearing, and payable upon demand. |
Commitments and Contingencies
Commitments and Contingencies | 6 Months Ended |
Mar. 31, 2020 | |
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 | 6 Months Ended |
Mar. 31, 2020 | |
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. |
Common Stock
Common Stock | 6 Months Ended |
Mar. 31, 2020 | |
Common Stock [Abstract] | |
Common Stock | Note 8 – Common Stock As of March 31, 2020 1,011,254 shares of common stock with par value of $0.001 remains outstanding. |
Subsequent Events
Subsequent Events | 6 Months Ended |
Mar. 31, 2020 | |
Subsequent Events [Abstract] | |
Subsequent Events | Note 9 – Subsequent Events During April 2020, Custodian Ventures, LLC, a majority shareholder and an entity controlled by our Chief Executive Officer advanced a total of $1,000 to the Company to pay operating expenses. This loan is unsecured, non-interest bearing, and payable upon demand. In March 2020, the World Health Organization categorized the novel coronavirus (COVID-19) as a pandemic, and it continues to spread throughout the United States and the rest of the world with different geographical locations impacted more than others. The outbreak of COVID-19 and public and private sector measures to reduce its transmission, such as the imposition of social distancing and orders to work-from-home, stay-at-home and shelter-in-place, have had a minimal impact on our day to day operations. However this could impact our efforts to enter into a business combination as other businesses have had to adjust, reduce or suspend their operating activities. The extent of the impact will vary depending on the duration and severity of the economic and operational impacts of COVID-19. The Company is unable to predict the ultimate impact at this time. |
Summary of Significant Accoun_2
Summary of Significant Accounting Policies (Policies) | 6 Months Ended |
Mar. 31, 2020 | |
Accounting Policies [Abstract] | |
Cash and Cash Equivalents | Cash and Cash Equivalents For purposes of reporting within the statements of cash flows, the Company considers all cash on hand, cash accounts not subject to withdrawal restrictions or penalties, and all highly liquid debt instruments purchased with a maturity of three months or less to be cash and cash equivalents. |
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 March 31, 2020 and 2019, the Company did not have any outstanding dilutive securities, respectively. |
Income Taxes | Income Taxes The Company adopted FASB ASC 740, Income Taxes |
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. The implementation of ASC 606 did not have a material impact on the Company's financial statements. ASC 606 creates a five-step model that requires entities to exercise judgment when considering the terms of contracts, which includes (1) identifying the contracts or agreements with a customer, (2) identifying our performance obligations in the contract or agreement, (3) determining the transaction price, (4) allocating the transaction price to the separate performance obligations, and (5) recognizing revenue as each performance obligation is satisfied. The Company only applies the five-step model to contracts when it is probable that the Company will collect the consideration it is entitled to in exchange for the services it transfers to its clients. The adoption of ASC 606 had no effect on previously reported balances. 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. |
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. |
Recent accounting pronouncements | Recent Accounting Pronouncements In July 2018, the FASB issued accounting standard update ("ASU") No. 2017-02, "Leases (Topic 842)", ("ASU 2017-02") and ASU 2018-10, "Leases (Topic 842)", ("ASU 2018-10"), respectively. These ASU's require that an entity should recognize assets and liabilities for leases with a maximum possible term of more than 12 months. A lessee would recognize a liability to make lease payments (the lease liability) and a right-of-use asset representing its right to use the leased asset (the underlying asset) for the lease term. This guidance also provides accounting updates with respect to lessor accounting under a lease arrangement. This new lease guidance is effective for fiscal years beginning after December 15, 2018. Entities have the option of using either a full retrospective or a modified approach (cumulative effect adjustment in period of adoption) to adopt the new guidance. Early adoption is permitted for all entities. The Company currently leases no equipment or property, and therefore, the adoption on October 1, 2019 of the new standard has no effect on the Company's financial statements. 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. |
Organization and basis of acc_2
Organization and basis of accounting (Details) - USD ($) | Mar. 31, 2020 | Jan. 16, 2020 | Sep. 30, 2019 | Feb. 15, 2018 |
Organization and basis of accounting (Textual) | ||||
Common stock, shares issued | 1,011,254 | 1,011,254 | ||
Common stock, par value | $ 0.001 | $ 0.001 | ||
Majority Shareholder [Member] | ||||
Organization and basis of accounting (Textual) | ||||
Common stock, shares issued | 956,440 | |||
Common stock, par value | $ 0.001 | |||
Ownership percentage | 94.58% | |||
Purchase price | $ 300,000 | |||
Custodian Ventures, LLC [Member] | ||||
Organization and basis of accounting (Textual) | ||||
Common stock, shares issued | 956,440 | |||
Purchase price | $ 145,000 |
Going Concern (Details)
Going Concern (Details) - USD ($) | 3 Months Ended | 6 Months Ended | ||||
Mar. 31, 2020 | Dec. 31, 2019 | Mar. 31, 2019 | Dec. 31, 2018 | Mar. 31, 2020 | Sep. 30, 2019 | |
Going Concern (Textual) | ||||||
Net loss | $ (12,353) | $ (32,569) | $ (13,364) | $ (21,780) | $ (44,922) | |
Working capital deficit | 70,947 | |||||
Accumulated deficit | $ (1,558,807) | $ (1,558,807) | $ (1,513,885) |
Related Party Transactions (Det
Related Party Transactions (Details) - USD ($) | 2 Months Ended | 4 Months Ended | 6 Months Ended | |
Mar. 31, 2020 | Jan. 16, 2020 | Mar. 31, 2020 | Sep. 30, 2019 | |
Related Party Transactions (Textual) | ||||
Common stock, shares issued | 1,011,254 | 1,011,254 | 1,011,254 | |
Loan balance | $ 9,341 | |||
Custodian Ventures, LLC [Member] | ||||
Related Party Transactions (Textual) | ||||
Common stock, shares issued | 956,440 | |||
Purchase price | $ 145,000 | |||
Operating expenses | $ 67,360 | |||
Loan payable | 67,360 | 67,360 | ||
Kai Ming Zhao [Member] | ||||
Related Party Transactions (Textual) | ||||
Operating expenses | $ 6,079 | |||
Loan payable | $ 0 | $ 0 |
Loans and Notes Payable - Relat
Loans and Notes Payable - Related Parties (Details) - USD ($) | Jan. 13, 2012 | Mar. 31, 2020 | Jan. 16, 2020 | Mar. 31, 2020 | Dec. 31, 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 |
Loans and Notes Payable - Related Parties (Textual) | |||||||||||||||
Accrued interest | $ 0 | $ 0 | $ 0 | ||||||||||||
Total outstanding principal | 0 | 0 | 0 | ||||||||||||
Note payable | 2,500 | ||||||||||||||
Loan balance | 9,341 | ||||||||||||||
Cancellation of Debt Income [Member] | |||||||||||||||
Loans and Notes Payable - Related Parties (Textual) | |||||||||||||||
Accrued interest | 694 | ||||||||||||||
Total outstanding principal | $ 2,500 | ||||||||||||||
Kai Ming Zhao [Member] | |||||||||||||||
Loans and Notes Payable - Related Parties (Textual) | |||||||||||||||
Operating expenses | $ 6,079 | ||||||||||||||
Loan payable | 0 | 0 | |||||||||||||
Custodian Ventures, LLC [Member] | |||||||||||||||
Loans and Notes Payable - Related Parties (Textual) | |||||||||||||||
Operating expenses | 67,360 | ||||||||||||||
Loan payable | $ 67,360 | $ 67,360 | |||||||||||||
Unsecured Promissory Note [Member] | |||||||||||||||
Loans and 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 |
Common Stock (Details)
Common Stock (Details) - $ / shares | Mar. 31, 2020 | Sep. 30, 2019 |
Common Stock (Textual) | ||
Common stock, shares issued | 1,011,254 | 1,011,254 |
Common stock, par value | $ 0.001 | $ 0.001 |
Subsequent Events (Details)
Subsequent Events (Details) | Apr. 30, 2020USD ($) |
Subsequent Event [Member] | Chief Executive Officer [Member] | |
Subsequent Events (Textual) | |
Pay operating expenses | $ 1,000 |