Document and Entity Information
Document and Entity Information - USD ($) | 12 Months Ended | ||
Dec. 31, 2016 | Mar. 03, 2017 | Jun. 30, 2016 | |
Document And Entity Information | |||
Entity Registrant Name | CROE, INC. | ||
Entity Central Index Key | 1,688,126 | ||
Document Type | 10-K | ||
Document Period End Date | Dec. 31, 2016 | ||
Amendment Flag | false | ||
Current Fiscal Year End Date | --12-31 | ||
Is Entity a Well-known Seasoned Issuer? | No | ||
Is Entity a Voluntary Filer? | No | ||
Is Entity's Reporting Status Current? | Yes | ||
Entity Filer Category | Smaller Reporting Company | ||
Entity Public Float | $ 0 | ||
Entity Common Stock, Shares Outstanding | 11,335,000 | ||
Document Fiscal Period Focus | FY | ||
Document Fiscal Year Focus | 2,016 |
Balance Sheets
Balance Sheets - USD ($) | Dec. 31, 2016 | Dec. 31, 2015 |
CURRENT ASSETS | ||
Cash and cash equivalents | $ 7,778 | $ 0 |
Inventory | 0 | 2,013 |
Total Current Assets | 7,778 | 2,013 |
TOTAL ASSETS | 7,778 | 2,013 |
CURRENT LIABILITIES | ||
Accounts payable and accrued liabilities | 1,973 | 1,639 |
Advances from related party | 0 | 17,149 |
Note payable | 17,249 | 0 |
Total Current Liabilities | 19,222 | 18,788 |
TOTAL LIABILITIES | 19,222 | 18,788 |
STOCKHOLDERS' DEFICIT | ||
Preferred stock | 0 | 0 |
Common stock | 11,115 | 10,000 |
Additional paid-in capital | 44,635 | (10,000) |
Accumulated deficit | (67,194) | (16,775) |
Total Stockholders' Deficit | (11,444) | (16,775) |
TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT | $ 7,778 | $ 2,013 |
Balance Sheets (Parenthetical)
Balance Sheets (Parenthetical) - $ / shares | Dec. 31, 2016 | Dec. 31, 2015 |
Statement of Financial Position [Abstract] | ||
Preferred stock, par value | $ 0.001 | $ 0.001 |
Preferred stock, shares authorized | 10,000,000 | 10,000,000 |
Preferred Stock, shares issued | 0 | 0 |
Common stock, par value | $ 0.001 | $ 0.001 |
Common stock, shares authorized | 50,000,000 | 50,000,000 |
Common Stock, shares issued | 11,115,000 | 10,000,000 |
Common Stock, shares outstanding | 11,115,000 | 10,000,000 |
Statements of Operations
Statements of Operations - USD ($) | 12 Months Ended | |
Dec. 31, 2016 | Dec. 31, 2015 | |
Income Statement [Abstract] | ||
NET SALES | $ 0 | $ 308 |
COST OF SALES | 0 | 74 |
GROSS MARGIN | 0 | 234 |
OPERATING EXPENSES | ||
Professional and accounting fees | 36,301 | 861 |
Other (including inventory write off of $2,013 in 2016) | 13,774 | 4,883 |
Total Operating Expenses | 50,075 | 5,744 |
LOSS FROM OPERATIONS | (50,075) | (5,510) |
OTHER INCOME (EXPENSES) | ||
Interest expense | (344) | 0 |
Total Other Income (Expenses) | (344) | 0 |
NET INCOME (LOSS) | $ (50,419) | $ (5,510) |
Net income (loss) per common share - basic and diluted | $ 0 | $ 0 |
Weighted average common shares outstanding - basic and diluted | 10,274,454 | 10,000,000 |
Statements of Operations (Paren
Statements of Operations (Parenthetical) | 12 Months Ended |
Dec. 31, 2016USD ($) | |
Income Statement [Abstract] | |
Inventory writeoff | $ 2,013 |
Statements of Stockholders' Def
Statements of Stockholders' Deficit - USD ($) | Common stock | Additional Paid-In Capital | Accumulated Deficit | Total |
Beginning balance, shares at Dec. 31, 2014 | 10,000,000 | |||
Beginning balance, value at Dec. 31, 2014 | $ 10,000 | $ (10,000) | $ (11,265) | $ (11,265) |
Common stock issued for services, value | 0 | |||
Net loss | (5,510) | (5,510) | ||
Ending balance, shares at Dec. 31, 2015 | 10,000,000 | |||
Ending balance, value at Dec. 31, 2015 | $ 10,000 | (10,000) | (11,265) | $ (16,775) |
Common stock issued for cash, shares | 980,000 | 980,000 | ||
Common stock issued for cash, value | $ 980 | 48,020 | 0 | $ 49,000 |
Common stock issued for services, shares | 135,000 | 135,000 | ||
Common stock issued for services, value | $ 135 | 6,615 | 0 | $ 6,750 |
Net loss | (50,419) | (50,419) | ||
Ending balance, shares at Dec. 31, 2016 | 11,115,000 | |||
Ending balance, value at Dec. 31, 2016 | $ 11,115 | $ 44,635 | $ (67,194) | $ (11,444) |
Statements of Cash Flows
Statements of Cash Flows - USD ($) | 12 Months Ended | |
Dec. 31, 2016 | Dec. 31, 2015 | |
CASH FLOWS FROM OPERATING ACTIVITIES: | ||
Net income (loss) | $ (50,419) | $ (5,510) |
Adjustments to reconcile net loss to net cash used by operating activities: | ||
Common stock issued for services | 6,750 | 0 |
Inventory write off | 2,013 | 0 |
Changes in operating assets and liabilities: | ||
Accounts receivable | 0 | 493 |
Inventory | 0 | (215) |
Accounts payable and accrued liabilities | 334 | 871 |
Net Cash Used by Operating Activities | (41,322) | (4,361) |
CASH FLOWS FROM INVESTING ACTIVITIES: | 0 | 0 |
CASH FLOWS FROM FINANCING ACTIVITIES: | ||
Proceeds from sale of common stock | 49,000 | 0 |
Proceeds from advances from related party (net) | 100 | 4,150 |
Net Cash Provided by Financing Activities | 49,100 | 4,150 |
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS | 7,778 | (211) |
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD | 0 | 211 |
CASH AND CASH EQUIVALENTS, END OF PERIOD | 7,778 | 0 |
Cash Payments For: | ||
Interest | 0 | 0 |
Taxes | $ 0 | $ 0 |
NOTE 1 - ORGANIZATION AND DESCR
NOTE 1 - ORGANIZATION AND DESCRIPTION OF BUSINESS | 12 Months Ended |
Dec. 31, 2016 | |
Accounting Policies [Abstract] | |
NOTE 1 - ORGANIZATION AND DESCRIPTION OF BUSINESS | NOTE 1 - ORGANIZATION AND DESCRIPTION OF BUSINESS CROE, Inc. (the Company) was incorporated in the State of Utah on December 2, 2013. The Company is a fitness apparel company with the mission of creating supportive, protective, and innovative sports bras and fitness apparel for the market. Our featured product in development is the "CroeNest", a pocket in our sports bras and exercise pants that is sweat resistant and radiation resistant for athletes and exercise enthusiasts. In addition, we have created other apparel with our unique branding and trademarks. Our motto is "Fearless Determination," and our corporate goal is to instill a healthy and strong lifestyle to our customers through our products. |
NOTE 2 - SIGNIFICANT ACCOUNTING
NOTE 2 - SIGNIFICANT ACCOUNTING POLICIES | 12 Months Ended |
Dec. 31, 2016 | |
Accounting Policies [Abstract] | |
NOTE 2 - SIGNIFICANT ACCOUNTING POLICIES | NOTE 2 - SIGNIFICANT ACCOUNTING POLICIES This summary of significant accounting policies of the Company is presented to assist in understanding the Company’s financial statements. The financial statements and notes are representations of the Company’s management who are responsible for their integrity and objectivity. These accounting policies conform to accounting principles generally accepted in the United States of America and have been consistently applied in the preparation of the financial statements. The following policies are considered to be significant: a. Accounting Method The Company recognizes income and expenses based on the accrual method of accounting. The Company has elected a calendar year-end. b. Cash and Cash Equivalents Cash equivalents are generally comprised of certain highly liquid investments with original maturities of less than three months. c. Use of Estimates in the Preparation of Financial Statements The preparation of financial statements in conformity with generally accepted accounting principles 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 revenues and expenses during the reporting period. Actual results could differ from those estimates. d. Inventory Inventory, consisting of clothing and other fashion products available for sale, are accounted for using the First-in, First-out (“FIFO”) method and are carried at the lower of cost or market value. e. Revenue Recognition Revenue is recognized upon delivery of goods where the sales price is fixed or determinable and collectibility is reasonably assured. Revenue is not recognized until persuasive evidence of an arrangement exists. Product sales were solely derived from the resale of clothing and other fashion items. Product sales are not warranted by the Company and may be subject only to warranties that may be provided by the product manufacturer. For the periods presented, all sales were from online stores. f. Shipping Costs Shipping costs, which were not material for the periods presented, are expensed as incurred and included in operating expenses. g. Advertising Costs Advertising costs, which were not material for the periods presented, are expensed as incurred. h. Research and Development Costs Research and development costs, which were $-0- and $2,521 for the years ended December 31, 2016 and 2015, respectively, are expensed as incurred. i. Stock Based Compensation The Company accounts for its stock based compensation under ASC 718 “Compensation – Stock Compensation” using the fair value based method. Under this method, compensation cost is measured at the grant date based on the value of the award and is recognized over the service period, which is usually the vesting period. This guidance establishes standards for the accounting for transactions in which an entity exchanges its equity instruments for goods or services. It also addresses transactions in which an entity incurs liabilities in exchange for goods or services that are based on the fair value of the entity’s equity instruments or that may be settled by the issuance of those equity instruments. j. Income Taxes The Company accounts for income taxes using the asset and liability method. Under this method, deferred income taxes are determined based on the difference between the financial statement and tax bases of assets and liabilities using enacted tax rates in effect for the year in which differences are expected to reverse. A valuation allowance is established to reduce deferred tax assets if it is more likely than not that all or some portion of such deferred tax assets will not be realized. A full allowance against deferred tax assets was provided as of December 31, 2016 and 2015. k. Basic and Diluted Net Loss per Share of Common Stock Basic net loss per common share is based on the weighted average number of shares outstanding during the periods presented. Diluted earnings per share is computed using the weighted average number of common shares plus dilutive common share equivalents outstanding during the period. There are no common stock equivalents as of December 31, 2016 and for the periods presented. l. Recent Accounting Pronouncements The Company has evaluated recent accounting pronouncements and believes that none of them will have a material effect on the Company’s financial statements. |
NOTE 3 - ADVANCES FROM RELATED
NOTE 3 - ADVANCES FROM RELATED PARTY | 12 Months Ended |
Dec. 31, 2016 | |
Notes to Financial Statements | |
NOTE 3 - ADVANCES FROM RELATED PARTY | NOTE 3 - ADVANCES FROM RELATED PARTY The advances from related party liability at December 31, 2015 ($17,149) was due to John Thomas, the husband of the founder and Chief Executive Officer of the Company. The liability was non-interest bearing and due on demand. On October 1, 2016 the advances were converted into a promissory note. See Note 4. |
NOTE 4 - NOTE PAYABLE
NOTE 4 - NOTE PAYABLE | 12 Months Ended |
Dec. 31, 2016 | |
Debt Disclosure [Abstract] | |
NOTE 4 - NOTE PAYABLE | NOTE 4 - NOTE PAYABLE On October 1, 2016, the Company issued a promissory note to convert the advances from related party in the amount of $17,249. The note, which was assigned in December 2016 from John Thomas to a Company consultant, bears interest at 8% and is due on demand. As of and for the year ended December 31, 2016, accrued interest and interest expense on the note was $334. |
NOTE 5 - EQUITY TRANSACTIONS
NOTE 5 - EQUITY TRANSACTIONS | 12 Months Ended |
Dec. 31, 2016 | |
Equity [Abstract] | |
NOTE 5 - EQUITY TRANSACTIONS | NOTE 5 - EQUITY TRANSACTIONS The Company has 50,000,000 shares of common stock authorized with a par value of $0.001. 10,000,000 shares of common stock were issued to the founder of the Company on incorporation. During the year ended December 31, 2016, the Company sold a total of 980,000 shares of its common stock to individual investors at a price of $0.05 per share or $49,000 total. On October 14, 2016 (effective October 2, 2016), the Company issued a total of 135,000 shares of its common stock to 7 service providers for services rendered. 50,000 of the shares were issued to Elliott Polatoff, a director of the Company, and 15,000 of the shares were issued to John D. Thomas P.C., a law firm owned by the husband of the founder and Chief Executive Officer of the Company. The stock was valued at a price of $0.05 per share or $6,750 total. |
NOTE 6 - INCOME TAXES
NOTE 6 - INCOME TAXES | 12 Months Ended |
Dec. 31, 2016 | |
Income Tax Disclosure [Abstract] | |
NOTE 6 - INCOME TAXES | NOTE 6 - INCOME TAXES The income tax provision (benefit) consists of: December 31, 2016 December 31, 2015 Current $ — $ — Deferred — — Total $ — $ — The income tax provision differs from the amount of income tax determined by applying the U.S. federal income tax rate of 35% to pretax income for the years ended December 31, 2016 and 2015 due to the following: December 31, 2016 December 31, 2015 Expected tax (benefit) at 35% $ (17,647 ) $ (1,929 ) Non-deductible stock-based compensation 2,363 — Change in valuation allowance 15,284 1,929 Provision for income taxes $ — $ — Net deferred tax assets consist of the following components as of December 31, 2016 and 2015: December 31, 2016 December 31, 2015 Deferred tax assets: Net operation loss carryforwards $ 21,155 $ 5,871 Valuation allowance (21,155 ) (5,871 ) Net deferred tax asset $ — $ — Based on management’s present assessment, the Company has not yet determined it to be more likely than not that a deferred tax asset of $21,155 attributable to the future utilization of $60,444 of net operating loss carryforwards will be realized. Accordingly, the Company has maintained a 100% allowance against the deferred tax asset in the financial statements at December 31, 2016. The Company will continue to review this valuation allowance and make adjustments as appropriate. The net operating loss carryforwards expire $11,265 in year 2034, $5,510 in year 2035, and $43,669 in year 2036. Current Unites States income tax law limits the amount of loss available to be offset against future taxable income when a substantial change in ownership occurs. Therefore, the amount available to offset future taxable income may be limited. The Company has had no tax positions since inception. |
NOTE 7 - FINANCIAL INSTRUMENTS
NOTE 7 - FINANCIAL INSTRUMENTS | 12 Months Ended |
Dec. 31, 2016 | |
Investments, All Other Investments [Abstract] | |
NOTE 7 - FINANCIAL INSTRUMENTS | NOTE 7 - FINANCIAL INSTRUMENTS Our financial instruments consist of cash and cash equivalents, accounts payable and accrued liabilities, advances from related party, and note payable. The carrying amount of these assets and liabilities approximate fair value due to their short-term nature. |
NOTE 8 - GOING CONCERN
NOTE 8 - GOING CONCERN | 12 Months Ended |
Dec. 31, 2016 | |
Organization, Consolidation and Presentation of Financial Statements [Abstract] | |
NOTE 8 - GOING CONCERN | NOTE 8 - GOING CONCERN The accompanying financial statements have been prepared assuming that the Company will continue as a going concern, which contemplates the realization of assets and satisfaction of liabilities in the normal course of business. The Company has sustained significant net losses which have resulted in an accumulated deficit at December 31, 2016 of approximately $67,000 and has experienced periodic cash flow difficulties, all of which raise substantial doubt regarding the Company’s ability to continue as a going concern. Continuation of the Company as a going concern is dependent upon obtaining additional working capital. The management of the Company has developed a strategy which it believes will accomplish this objective through additional sales of common stock which will enable the Company to continue operations for the coming year. These financial statements do not include any adjustments relating to the recoverability and classification of recorded asset amounts, or amounts and classification of liabilities that might result from this uncertainty. |
NOTE 9 - RELATED PARTY TRANSACT
NOTE 9 - RELATED PARTY TRANSACTIONS | 12 Months Ended |
Dec. 31, 2016 | |
Related Party Transactions [Abstract] | |
NOTE 9 - RELATED PARTY TRANSACTIONS | NOTE 9 - RELATED PARTY TRANSACTIONS During the year ended December 31, 2016, the Company paid legal fees of $26,500 to John D. Thomas P.C., a law firm owned by the husband of the founder and Chief Executive Officer of the Company. During the year ended December 31, 2016, the Company paid consulting fees of $5,000 to Elliott Polatoff, a director of the Company. |
NOTE 10 - COMMITMENTS
NOTE 10 - COMMITMENTS | 12 Months Ended |
Dec. 31, 2016 | |
Commitments and Contingencies Disclosure [Abstract] | |
NOTE 10 - COMMITMENTS | NOTE 10 - COMMITMENTS On October 1, 2016, the Company executed a Sublease Agreement with Acadia Properties LLC for the rental of office space. The agreement, which has a term from October 1, 2016 to December 31, 2017, provides for monthly rent of $500 commencing January 1, 2017. |
NOTE 11 - SUBSEQUENT EVENTS
NOTE 11 - SUBSEQUENT EVENTS | 12 Months Ended |
Dec. 31, 2016 | |
Subsequent Events [Abstract] | |
NOTE 11 - SUBSEQUENT EVENTS | NOTE 11 - SUBSEQUENT EVENTS In January 2017, the Company sold a total of 220,000 shares of its common stock to 8 individual investors at a price of $0.05 per share or $11,000. On January 3, 2017, the Company paid legal fees of $4,000 to John D. Thomas P.C., a law firm owned by the husband of the founder and Chief Executive Officer of the Company. On January 3, 2017, the Company paid $4,000 to Elliott Polatoff, a member of the Company's board of directors, for consulting services. |
NOTE 2 - SIGNIFICANT ACCOUNTI19
NOTE 2 - SIGNIFICANT ACCOUNTING POLICIES (Policies) | 12 Months Ended |
Dec. 31, 2016 | |
Accounting Policies [Abstract] | |
Accounting Method | a. Accounting Method The Company recognizes income and expenses based on the accrual method of accounting. The Company has elected a calendar year-end. |
Cash and Cash Equivalents | b. Cash and Cash Equivalents Cash equivalents are generally comprised of certain highly liquid investments with original maturities of less than three months. |
Use of Estimates in the Preparation of Financial Statements | c. Use of Estimates in the Preparation of Financial Statements The preparation of financial statements in conformity with generally accepted accounting principles 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 revenues and expenses during the reporting period. Actual results could differ from those estimates. |
Inventory | d. Inventory Inventory, consisting of clothing and other fashion products available for sale, are accounted for using the First-in, First-out (“FIFO”) method and are carried at the lower of cost or market value. |
Revenue Recognition | e. Revenue Recognition Revenue is recognized upon delivery of goods where the sales price is fixed or determinable and collectibility is reasonably assured. Revenue is not recognized until persuasive evidence of an arrangement exists. Product sales were solely derived from the resale of clothing and other fashion items. Product sales are not warranted by the Company and may be subject only to warranties that may be provided by the product manufacturer. For the periods presented, all sales were from online stores. |
Shipping Costs | f. Shipping Costs Shipping costs, which were not material for the periods presented, are expensed as incurred and included in operating expenses. |
Advertising Costs | g. Advertising Costs Advertising costs, which were not material for the periods presented, are expensed as incurred. |
Research and Development Costs | h. Research and Development Costs Research and development costs, which were $-0- and $2,521 for the years ended December 31, 2016 and 2015, respectively, are expensed as incurred. |
Stock Based Compensation | i. Stock Based Compensation The Company accounts for its stock based compensation under ASC 718 “Compensation – Stock Compensation” using the fair value based method. Under this method, compensation cost is measured at the grant date based on the value of the award and is recognized over the service period, which is usually the vesting period. This guidance establishes standards for the accounting for transactions in which an entity exchanges its equity instruments for goods or services. It also addresses transactions in which an entity incurs liabilities in exchange for goods or services that are based on the fair value of the entity’s equity instruments or that may be settled by the issuance of those equity instruments. |
Income Taxes | j. Income Taxes The Company accounts for income taxes using the asset and liability method. Under this method, deferred income taxes are determined based on the difference between the financial statement and tax bases of assets and liabilities using enacted tax rates in effect for the year in which differences are expected to reverse. A valuation allowance is established to reduce deferred tax assets if it is more likely than not that all or some portion of such deferred tax assets will not be realized. A full allowance against deferred tax assets was provided as of December 31, 2016 and 2015. |
Basic and Diluted Net Loss per Share of Common Stock | k. Basic and Diluted Net Loss per Share of Common Stock Basic net loss per common share is based on the weighted average number of shares outstanding during the periods presented. Diluted earnings per share is computed using the weighted average number of common shares plus dilutive common share equivalents outstanding during the period. There are no common stock equivalents as of December 31, 2016 and for the periods presented. |
Recent Accounting Pronouncements | l. Recent Accounting Pronouncements The Company has evaluated recent accounting pronouncements and believes that none of them will have a material effect on the Company’s financial statements. |
NOTE 6 - INCOME TAXES (Tables)
NOTE 6 - INCOME TAXES (Tables) | 12 Months Ended |
Dec. 31, 2016 | |
Income Tax Disclosure [Abstract] | |
Income taxes | December 31, 2016 December 31, 2015 Expected tax (benefit) at 35% $ (17,647 ) $ (1,929 ) Non-deductible stock-based compensation 2,363 — Change in valuation allowance 15,284 1,929 Provision for income taxes $ — $ — |
Net deferred tax assets | December 31, 2016 December 31, 2015 Deferred tax assets: Net operation loss carryforwards $ 21,155 $ 5,871 Valuation allowance (21,155 ) (5,871 ) Net deferred tax asset $ — $ — |
NOTE 6 - INCOME TAXES - Income
NOTE 6 - INCOME TAXES - Income taxes (Details) - USD ($) | 12 Months Ended | |
Dec. 31, 2016 | Dec. 31, 2015 | |
Income Tax Disclosure [Abstract] | ||
Expected tax at 34% | $ (17,647) | $ (1,929) |
Non-deductible stock-based compensation | 2,363 | 0 |
Change in valuation allowance | 15,284 | 1,929 |
Provision for income taxes | $ 0 | $ 0 |
NOTE 6 - INCOME TAXES - Net def
NOTE 6 - INCOME TAXES - Net deferred tax assets (Details) - USD ($) | Dec. 31, 2016 | Dec. 31, 2015 |
Deferred tax assets: | ||
Net operation loss carryover | $ 21,155 | $ 5,871 |
Valuation allowance | (21,155) | (5,871) |
Net deferred tax asset | $ 0 | $ 0 |
NOTE 2 - SIGNIFICANT ACCOUNTI23
NOTE 2 - SIGNIFICANT ACCOUNTING POLICIES (Details Narrative) - USD ($) | 12 Months Ended | |
Dec. 31, 2016 | Dec. 31, 2015 | |
Accounting Policies [Abstract] | ||
Research and development costs | $ 0 | $ 2,521 |
NOTE 4 - NOTE PAYABLE (Details
NOTE 4 - NOTE PAYABLE (Details Narrative) - USD ($) | 12 Months Ended | |
Dec. 31, 2016 | Dec. 31, 2015 | |
Debt Disclosure [Abstract] | ||
Advances to related parties | $ 0 | $ (17,149) |
Accrued interest | $ 334 |
NOTE 5 - EQUITY TRANSACTIONS (D
NOTE 5 - EQUITY TRANSACTIONS (Details Narrative) - USD ($) | 3 Months Ended | 12 Months Ended |
Mar. 31, 2017 | Dec. 31, 2016 | |
Equity [Abstract] | ||
Common stock issued for cash, shares | 220,000 | 980,000 |
Common stock issued for cash, value | $ 11,000 | $ 49,000 |
Common stock issued for services, shares | 135,000 | |
Price per share | $ 0.05 |
NOTE 9 - RELATED PARTY TRANSA26
NOTE 9 - RELATED PARTY TRANSACTIONS (Details Narrative) - USD ($) | 3 Months Ended | 12 Months Ended | |
Mar. 31, 2017 | Dec. 31, 2016 | Dec. 31, 2015 | |
Professional fees | $ 4,000 | $ 36,301 | $ 861 |
Legal fees | |||
Professional fees | 26,500 | ||
Consulting fees | |||
Professional fees | $ 5,000 |
NOTE 11 - SUBSEQUENT EVENTS (De
NOTE 11 - SUBSEQUENT EVENTS (Details Narative) - USD ($) | 3 Months Ended | 12 Months Ended | ||
Mar. 31, 2017 | Dec. 31, 2016 | Dec. 31, 2015 | Jan. 03, 2017 | |
Note 11 - Subsequent Events Details Narative | ||||
Stock issued, shares | 220,000 | 980,000 | ||
Stock issued, value | $ 11,000 | $ 49,000 | ||
Stock issued, per share price | $ 0.05 | |||
Consulting fees | 4,000 | |||
Legal fees | $ 4,000 | $ 36,301 | $ 861 |