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Document and Entity Information

Document and Entity Information - shares3 Months Ended
Mar. 31, 2021May 11, 2021
Details
Registrant CIK0001730732
Fiscal Year End--12-31
Registrant Name3FORCES INC.
SEC Form10-Q
Period End dateMar. 31,
2021
Tax Identification Number (TIN)81-4128534
Number of common stock shares outstanding7,515,000
Filer CategoryNon-accelerated Filer
Current with reportingYes
Interactive Data CurrentYes
Shell Companyfalse
Small Businesstrue
Emerging Growth Companytrue
Ex Transition Periodfalse
Document Quarterly Reporttrue
Document Transition Reportfalse
Entity File Number333-230070
Entity Incorporation, State or Country CodeAZ
Entity Address, Address Line One7702 E Doubletree Ranch Road
Entity Address, Address Line TwoUnit 300
Entity Address, City or TownScottsdale
Entity Address, State or ProvinceAZ
Entity Address, Postal Zip Code85258
City Area Code480
Local Phone Number902-3062
Amendment Flagfalse
Document Fiscal Year Focus2021
Document Fiscal Period FocusQ1

BALANCE SHEETS

BALANCE SHEETS - USD ($)Mar. 31, 2021Dec. 31, 2020
Current assets:
Cash $ 242,160 $ 235,378
Total Current Assets242,160 235,378
Software development costs102,000 90,000
ASSETS344,160 325,378
Current liabilities:
Accounts payable118,866 118,254
Accrued Interest - related party178,518 154,134
Note payable - related party460,500 420,500
Accrued officer compensation - related party910,528 860,528
Total Liabilities1,668,412 1,553,416
Stockholders' Deficit:
Common stock, $0.0001 par value; 10,000,000,000 shares authorized, 7,515,500 shares issued and outstanding803 803
Additional paid-in capital429,893 429,893
Common stock to be issued134,182 127,307
Treasury Stock(50)(50)
Accumulated deficit(1,889,080)(1,785,991)
Total Stockholders' Deficit(1,324,252)(1,228,038)
Total Liabilities and Stockholders' Deficit $ 344,160 $ 325,378

BALANCE SHEETS - Parenthetical

BALANCE SHEETS - Parenthetical - $ / sharesMar. 31, 2021Dec. 31, 2020
Details
Common Stock, Par or Stated Value Per Share $ 0.0001 $ 0.0001
Common Stock, Shares Authorized10,000,000,000 10,000,000,000
Common Stock, Shares, Issued7,515,500 7,515,500
Common Stock, Shares, Outstanding7,515,500 7,515,500

STATEMENTS OF OPERATIONS

STATEMENTS OF OPERATIONS - USD ($)3 Months Ended
Mar. 31, 2021Mar. 31, 2020
Operating Expenses:
Officer compensation - related party $ 50,000 $ 37,500
General and administrative expenses28,761 49,544
Total operating expenses78,761 87,044
Loss from operations(78,761)(87,044)
Other income (expense):
Interest expense-related party(24,384)(19,455)
Interest income56 525
Total other expense(24,328)(18,930)
Loss before income taxes(103,089)(105,974)
Provision for income taxes0 0
Net Loss $ (103,089) $ (105,974)
Loss per share, basic and diluted $ (0.01) $ (0.01)
Weighted average shares, basic and diluted7,515,500 7,471,077

STATEMENTS OF SHAREHOLDERS' EQU

STATEMENTS OF SHAREHOLDERS' EQUITY (DEFICIT) - USD ($)Common StockAdditional Paid-in CapitalReceivables from StockholderTreasury StockAOCI Attributable to ParentTotal
Stockholders' Equity Attributable to Parent, Beginning Balance at Dec. 31, 2019 $ 791 $ 417,200 $ 97,336 $ (50) $ (1,364,662) $ (849,385)
Shares, Outstanding, Beginning Balance at Dec. 31, 20197,400,000
Shares Issued, Value, Share-based Payment Arrangement, after Forfeiture $ 12 12,693 5,954 0 0 18,659
Shares Issued, Shares, Share-based Payment Arrangement, after Forfeiture115,500
Stock Issued During Period, Value, Issued for Services $ 0 0 1,017 0 0 1,017
Stock Issued During Period, Shares, Issued for Services0
Net Loss $ 0 0 0 (105,974)(105,974)
Stockholders' Equity Attributable to Parent, Ending Balance at Mar. 31, 2020 $ 803 429,893 104,307 (50)(1,470,636)(935,683)
Shares, Outstanding, Ending Balance at Mar. 31, 20207,515,500
Stockholders' Equity Attributable to Parent, Beginning Balance at Dec. 31, 2020 $ 803 429,893 127,307 (50)(1,785,991)(1,228,038)
Shares Issued, Value, Share-based Payment Arrangement, after Forfeiture0 0 6,875 0 0 6,875
Net Loss0 0 0 0 (103,089)(103,089)
Stockholders' Equity Attributable to Parent, Ending Balance at Mar. 31, 2021 $ 803 $ 429,893 $ 134,182 $ (50) $ (1,889,080) $ (1,324,252)
Shares, Outstanding, Ending Balance at Mar. 31, 20217,515,500

STATEMENTS OF CASH FLOWS

STATEMENTS OF CASH FLOWS - USD ($)3 Months Ended
Mar. 31, 2021Mar. 31, 2020
Cash flows from operating activities:
Net Loss $ (103,089) $ (105,974)
Adjustments to reconcile net loss to net cash used in operating activities:
Stock based compensation –related party6,875 18,659
Stock based compensation0 1,017
Changes in assets and liabilities:
Prepaid expenses0 (8,046)
Accounts payable612 6,148
Accrued interest - related party24,384 19,456
Accrued compensation- related party50,000 37,500
Net cash used in operating activities(21,218)(31,240)
Cash flows from investing activities:
Software development cost(12,000)(12,000)
Net cash used in investing activities(12,000)(12,000)
Cash flows from financing activities:
Proceeds from related party40,000 0
Net cash provided by financing activities40,000 0
Net increase (decrease) in cash6,782 (43,240)
Cash, beginning of period235,378 370,255
Cash, end of period242,160 327,015
Supplemental Disclosures:
Interest paid0 0
Income taxes paid $ 0 $ 0

Items

Items - USD ($)3 Months Ended
Mar. 31, 2021Mar. 31, 2020
Common Stock
Stockholders' Equity Attributable to Parent, Beginning Balance $ 803 $ 791
Shares, Outstanding, Ending Balance7,515,500 7,515,500
Shares Issued, Value, Share-based Payment Arrangement, after Forfeiture $ 0 $ 12
Net Loss0 0
Stockholders' Equity Attributable to Parent, Ending Balance803 803
Additional Paid-in Capital
Stockholders' Equity Attributable to Parent, Beginning Balance429,893 417,200
Shares Issued, Value, Share-based Payment Arrangement, after Forfeiture0 12,693
Net Loss0 0
Stockholders' Equity Attributable to Parent, Ending Balance429,893 429,893
Receivables from Stockholder
Stockholders' Equity Attributable to Parent, Beginning Balance127,307 97,336
Shares Issued, Value, Share-based Payment Arrangement, after Forfeiture6,875 5,954
Net Loss0
Stockholders' Equity Attributable to Parent, Ending Balance134,182 104,307
Treasury Stock
Stockholders' Equity Attributable to Parent, Beginning Balance(50)(50)
Shares Issued, Value, Share-based Payment Arrangement, after Forfeiture0 0
Net Loss0 0
Stockholders' Equity Attributable to Parent, Ending Balance(50)(50)
AOCI Attributable to Parent
Stockholders' Equity Attributable to Parent, Beginning Balance(1,785,991)(1,364,662)
Shares Issued, Value, Share-based Payment Arrangement, after Forfeiture0 0
Net Loss(103,089)(105,974)
Stockholders' Equity Attributable to Parent, Ending Balance(1,889,080)(1,470,636)
Stockholders' Equity Attributable to Parent, Beginning Balance(1,228,038)(849,385)
Shares Issued, Value, Share-based Payment Arrangement, after Forfeiture6,875 18,659
Net Loss(103,089)(105,974)
Stockholders' Equity Attributable to Parent, Ending Balance $ (1,324,252) $ (935,683)

NOTE 1 - ORGANIZATION AND BUSIN

NOTE 1 - ORGANIZATION AND BUSINESS OPERATIONS3 Months Ended
Mar. 31, 2021
Notes
NOTE 1 - ORGANIZATION AND BUSINESS OPERATIONSNOTE 1 – ORGANIZATION AND BUSINESS OPERATIONS Nature of Business The Company was incorporated under the laws of the State of California on September 6, 2016 under the name Taluhu Inc. The Company’s name was changed to Live Inc. on September 29, 2016, on September 6, 2020, the Company’s name was changed to Guuru Corp. and on April 29, 2021, the Company’s name was changed to 3Forces Inc. On October 2, 2020, the Company formed Talguu Inc., an Arizona corporation, as a wholly owned subsidiary for the purpose of changing the domicile of the Company from California to Arizona. The process involved the filing of respective merger forms in each of Arizona and California. On January 15, 2021, the State of Arizona approved the Statement of Merger whereby the parent entity, Guuru Corp (a California corporation, formerly Live Inc, a California corporation), was merged into Talguu Inc. (an Arizona corporation). On March 15, 2021, the State of California is approved the merger transaction. As mentioned above, on April 29, 2021, the Company’s name was changed to 3Forces Inc. We are cloud based business to consumer platform company. Currently, we have ManagerSpecial.com, JobDor.com, Talguu.com, and Trabahanap.com platforms. Only Trabahanap.com is in use by the public. The rest are in the development and testing stages. ManagerSpecial.com enables service providers such as restaurants, hotels, and any goods and services that need to find and offer discounts to buyers to purchase their expiring products. Trabahanap.com is our job search platform for entry level positions in service industries located in the Philippines market. JobDor.com provides a similar service in the United States market. Talguu.com is a broadcasting platform, where the content producers will be assigned their individual channels. The channels would be 100% commercial free. Each channel will deliver content circumscribed by a specific theme, such as personal health care, do-it-yourself topics, business formation and management, among others. Content will be provided by one or more providers who will produce and deliver the content on one of our channels. The content will be subscribed by individual viewers for a fee. We will receive an agreed percentage of the fees. Our offices are located 7702 E. Doubletree Ranch Road, Unit 300, Scottsdale, Arizona 85258.

NOTE 2 - SUMMARY OF SIGNIFICANT

NOTE 2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES3 Months Ended
Mar. 31, 2020
Notes
NOTE 2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIESNOTE 2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Basis of presentation The Company’s unaudited condensed financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”). The accompanying unaudited condensed financial statements reflect all adjustments, consisting of only normal recurring items, which, in the opinion of management, are necessary for a fair statement of the results of operations for the periods shown and are not necessarily indicative of the results to be expected for the full year ending December 31, 2021. These unaudited condensed financial statements should be read in conjunction with the financial statements and related notes for the year ended December 31, 2020. Use of estimates 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. Recently issued accounting pronouncements The Company has implemented all new accounting pronouncements that are in effect. These pronouncements did not have any material impact on the financial statements unless otherwise disclosed, and the Company does not believe that there are any other new accounting pronouncements that have been issued that might have a material impact on its financial position or results of operations.

NOTE 3 - SOFTWARE DEVELOPMENT

NOTE 3 - SOFTWARE DEVELOPMENT3 Months Ended
Mar. 31, 2021
Notes
NOTE 3 - SOFTWARE DEVELOPMENTNOTE 3 – SOFTWARE DEVELOPMENT Per ASC 985-20 expenses in the development of the software are expensed until technological feasibility has been reached and costs are determined to be recoverable. At this point additional expenses are capitalized. Capitalization ends, and amortization begins when the product is available for general release to customers. As of March 31, 2021 and December 31, 2020, the Company has $102,000 and $90,000, respectively, of capitalized software development costs.

NOTE 4 - GOING CONCERN

NOTE 4 - GOING CONCERN3 Months Ended
Mar. 31, 2021
Notes
NOTE 4 - GOING CONCERNNOTE 4 - GOING CONCERN The accompanying unaudited The Company has developed and is managing three cloud based platforms as part of our overall business plan. In order for us to fully implement our business plan, we will need approximately $800,000 in public or private financing from the sale of our common stock. These funds will enable us to fully develop and market our 3 platforms for the next 12 months. Impact of COVID-19 on Our Business. In March 2020, the World Health Organization declared the novel coronavirus (COVID-19) a global pandemic and recommended containment and mitigation measures worldwide. The spread of COVID-19 has affected segments of the global economy and may affect our operations, including the potential interruption of our supply chain. We are monitoring this situation closely, and although operations have not been materially affected by the COVID-19 outbreak to date, the ultimate duration and severity of the outbreak and its impact on the economic environment and our business is uncertain. The extent to which COVID-19 impacts our operations will depend on future developments, which are highly uncertain and cannot be predicted with confidence, including the duration of the outbreak, new information which may emerge concerning the severity of COVID-19 and the actions to contain the coronavirus or treat its impact, among others. In particular, the continued spread of the coronavirus globally could adversely impact our operations, including among others, our manufacturing and supply chain, sales and marketing and could have an adverse impact on our business and our financial results. The COVID-19 outbreak is a widespread health crisis that has adversely affected the economies and financial markets of many countries, resulting in an economic downturn that could affect demand for our products and likely impact our operating results.

NOTE 5- RELATED-PARTY

NOTE 5- RELATED-PARTY3 Months Ended
Mar. 31, 2021
Notes
NOTE 5- RELATED-PARTYNOTE 5 - RELATED PARTY On July 31, 2017, the Company executed a promissory note with Keith Wong, the Company’s founder, Chief Executive Officer and sole director, for $200,000. The note originally accrued interest at a rate of 10% per annum and is due on demand. The note was amended, effective November 1, 2019, in order to change the interest rate to compounded interest at 4% per quarter. As of March 31, 2021, there is $107,849 of accrued interest on this note. On June 21, 2019, the Company executed a promissory note with Mr. Wong for $160,000. The loan is unsecured, accrues interest at 4% per quarter, compounded quarterly, and is due on demand. As of March 31, 2021, there is $51,475 of accrued interest on this note. On August 16, 2019, the Company executed a promissory note with Mr. Wong for $60,000. The loan is unsecured, accrues interest at 4% per quarter, compounded quarterly, and is due on demand. As of March 31, 2021, there is $17,438 of accrued interest on this note. On February 4, 2021, the Company executed a promissory note with Mr. Wong for $40,000. The loan is unsecured, accrues interest at 4% per quarter, compounded quarterly, and is due on demand. As of March 31, 2021, there is $1,598 of accrued interest on this note. In addition to the above loans, on September 30, 2019, Mr. Wong advanced the Company $500 to open a bank account in the Company’s name in the Philippines. The loan is unsecured, accrues interest at 4% per quarter, compounded quarterly, and is due on demand. As of March 31, 2021, there is $158 of accrued interest on this loan. Mr. Wong’s consulting agreement was renewed effective September 1, 2020. Annual compensation was increased to $200,000. In addition, he is entitled to receive 1,000,000 shares of common stock which will vest over four years (or monthly at the rate of 20,833 shares per month). The term of the agreement is four years and either party may terminate the agreement by delivering notice to the other. During the three months ended March 31, 2021, the Company granted 62,500 shares of common stock to its CEO for services rendered, for total non-cash expense of $6,875. Since the Company’s common stock is not currently trading shares were issued at the price of shares sold to third parties of $0.11. As of March 31, 2021, the shares have not yet been issued, and have been recorded as common stock to be issued as shown in stockholders’ deficit. As of March 31, 2021 and December 31, 2020, there is $910,528 and $860,528, respectively, of accrued compensation due to Mr. Wong.

NOTE 6 - COMMON STOCK

NOTE 6 - COMMON STOCK3 Months Ended
Mar. 31, 2021
Notes
NOTE 6 - COMMON STOCKNOTE 6 – COMMON STOCK Refer to Note 5 for related party equity transactions.

NOTE 7 - SUBSEQUENT EVENTS

NOTE 7 - SUBSEQUENT EVENTS3 Months Ended
Mar. 31, 2021
Notes
NOTE 7 - SUBSEQUENT EVENTSNOTE 7 - SUBSEQUENT EVENTS In accordance with SFAS 165 (ASC 855-10) management has performed an evaluation of subsequent events through the date that the unaudited On April 29, 2021, the Company’s name was changed to 3Forces Inc.

NOTE 2 - SUMMARY OF SIGNIFICA_2

NOTE 2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES: Basis of Presentation (Policies)3 Months Ended
Mar. 31, 2021
Policies
Basis of PresentationBasis of presentation The Company’s unaudited condensed financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”). The accompanying unaudited condensed financial statements reflect all adjustments, consisting of only normal recurring items, which, in the opinion of management, are necessary for a fair statement of the results of operations for the periods shown and are not necessarily indicative of the results to be expected for the full year ending December 31, 2021. These unaudited condensed financial statements should be read in conjunction with the financial statements and related notes for the year ended December 31, 2020.

NOTE 2 - SUMMARY OF SIGNIFICA_3

NOTE 2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES: Use of Estimates (Policies)3 Months Ended
Mar. 31, 2021
Policies
Use of EstimatesUse of estimates 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.

NOTE 2 - SUMMARY OF SIGNIFICA_4

NOTE 2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES: Recently Issued Accounting Pronouncements (Policies)3 Months Ended
Mar. 31, 2021
Policies
Recently Issued Accounting PronouncementsRecently issued accounting pronouncements The Company has implemented all new accounting pronouncements that are in effect. These pronouncements did not have any material impact on the financial statements unless otherwise disclosed, and the Company does not believe that there are any other new accounting pronouncements that have been issued that might have a material impact on its financial position or results of operations.

NOTE 3 - SOFTWARE DEVELOPMENT (

NOTE 3 - SOFTWARE DEVELOPMENT (Details) - USD ($)Mar. 31, 2021Dec. 31, 2020
Details
Software development costs $ 102,000 $ 90,000

NOTE 4 - GOING CONCERN (Details

NOTE 4 - GOING CONCERN (Details) - USD ($)3 Months Ended
Mar. 31, 2021Mar. 31, 2020Dec. 31, 2020
Details
Accumulated deficit $ 1,889,080 $ 1,785,991
Net Loss103,089 $ 105,974
Net cash used in operating activities $ 21,218 $ 31,240
Substantial Doubt about Going Concern, Management's Evaluation. In order for us to fully implement our business plan, we will need approximately $800,000 in public or private financing from the sale of our common stock.

NOTE 5- RELATED-PARTY (Details)

NOTE 5- RELATED-PARTY (Details) - USD ($)3 Months Ended
Mar. 31, 2021Mar. 31, 2020Feb. 04, 2021Aug. 16, 2019Jun. 21, 2019Jul. 31, 2017Feb. 04, 2012
Stock Issued During Period, Value, Issued for Services $ 1,017
Share Price $ 0.11
Note 1 | Interest
Long-term Debt, Gross $ 107,849
Note 2 | Interest
Long-term Debt, Gross51,475
Note 3 | Interest
Long-term Debt, Gross17,438
Note 4 | Interest
Long-term Debt, Gross1,598
Note 7 | Interest
Long-term Debt, Gross158
CEO
Salary and Wage, Excluding Cost of Good and Service Sold $ 200,000
Stock Issued During Period, Shares, Issued for Services62,500
Stock Issued During Period, Value, Issued for Services $ 6,875
CEO | Note 1
Debt Instrument, Face Amount $ 200,000
Debt Instrument, Interest Rate, Effective Percentage4.00%
CEO | Note 2
Debt Instrument, Face Amount $ 160,000
Debt Instrument, Interest Rate, Effective Percentage4.00%
CEO | Note 3
Debt Instrument, Face Amount $ 60,000
Debt Instrument, Interest Rate, Effective Percentage4.00%
CEO | Note 4
Debt Instrument, Face Amount $ 40,000
Debt Instrument, Interest Rate, Effective Percentage4.00%
CEO | Note 7
Debt Instrument, Face Amount $ 500
Debt Instrument, Interest Rate, Effective Percentage4.00%