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Bigeon (BIGN)

Document and Entity Information

Document and Entity Information - shares6 Months Ended
Jan. 31, 2021Mar. 11, 2021
Document and Entity Information [Abstract]
Document Type10-Q
Amendment Flagfalse
Document Period End DateJan. 31,
2021
Document Fiscal Year Focus2021
Document Fiscal Period FocusQ2
Entity Registrant NameBIGEON CORP.
Entity Central Index Key0001753391
Current Fiscal Year End Date--07-31
Entity Filer CategoryNon-accelerated Filer
Entity Common Stock, Shares Outstanding4,381,550
Entity Current Reporting StatusYes
Entity Interactive Data CurrentNo
Entity Shell Companytrue
Entity Small Businesstrue
Entity Emerging Growth Companytrue
Entity Ex Transition Periodtrue

BALANCE SHEETS (Unaudited)

BALANCE SHEETS (Unaudited) - USD ($)Jan. 31, 2021Jul. 31, 2020
Current Assets
Cash $ 327 $ 1,610
Prepaid Rent144 221
Prepaid Expenses271 621
Total Current Assets742 2,452
TOTAL ASSETS742 2,452
Current Liabilities
Related-party loan32,144 15,144
Total Current Liabilities32,144 15,144
Total Liabilities $ 32,144 $ 15,144
Stockholders' Deficit
Common Stock, $0.001 par value 75,000,000 authorized, 4,381,550 shares issued and outstanding as of January 31, 2021, and July 31, 2020, respectively4,381 4,381
Additional Paid in Capital $ 16,750 $ 16,750
Accumulated deficit(52,533)(33,823)
Total Stockholders' Deficit(31,402)(12,692)
TOTAL LIABILITIES & STOCKHOLDERS' DEFICIT $ 742 $ 2,452

BALANCE SHEETS (Unaudited) (Par

BALANCE SHEETS (Unaudited) (Parenthetical) - USD ($)Jan. 31, 2021Jul. 31, 2020
Statement of Financial Position [Abstract]
Common Stock par value $ 0.001 $ 0.001
Common Stock shares authorized75,000,000 75,000,000
Common Stock shares issued and outstanding4,381,550 4,381,550

STATEMENTS OF OPERATIONS (Unaud

STATEMENTS OF OPERATIONS (Unaudited) - USD ($)3 Months Ended6 Months Ended
Jan. 31, 2021Jan. 31, 2020Jan. 31, 2021Jan. 31, 2020
Income Statement [Abstract]
REVENUE $ 0 $ 0 $ 0 $ 0
EXPENSES
General and Administrative Costs134 42 134 101
Professional fees12,368 2,162 18,374 7,325
Rent Expense101 103 202 156
Total expenses12,603 2,307 18,710 7,582
Income (Loss) from Operations(12,603)(2,307)(18,710)(7,582)
Income Tax Expense0 0 0 0
NET INCOME (LOSS) AFTER TAX $ (12,603) $ (2,307) $ (18,710) $ (7,582)
Basic and Diluted Net Loss per Common Share $ 0 $ 0 $ 0 $ 0
Weighted-Average Number of Common Shares Outstanding4,381,550 3,500,000 4,381,550 3,500,000

STATEMENT OF STOCKHOLDERS' DEFI

STATEMENT OF STOCKHOLDERS' DEFICIT (Unaudited) - USD ($)TotalCommon StockAdditional Paid-in CapitalAccumulated Deficit
Balance at Jul. 31, 2020 $ (12,692) $ 4,381 $ 16,750 $ (33,823)
Balance (in shares) at Jul. 31, 20204,381,550
Net loss(6,107)(6,107)
Balance at Oct. 31, 2020(18,799) $ 4,381 16,750 (39,930)
Balance (in shares) at Oct. 31, 20204,381,550
Net loss(12,603)(12,603)
Balance at Jan. 31, 2021 $ (31,402) $ 4,381 $ 16,750 $ (52,533)
Balance (in shares) at Jan. 31, 20214,381,550

STATEMENTS OF CASH FLOWS (Unaud

STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)6 Months Ended
Jan. 31, 2021Jan. 31, 2020
CASH FLOWS FROM OPERATING ACTIVITIES
Net Income $ (18,710) $ (7,582)
Adjustments to reconcile Net Income to net cash provided by operations:
Prepaid Expenses350 300
Prepaid Rent77 56
Accounts Payable0 (2,000)
Net cash used in Operating Activities(18,283)(9,226)
CASH FLOWS FROM INVESTING ACTIVITIES0 0
CASH FLOWS FROM FINANCING ACTIVITIES
Related-party loan17,000 150
Proceeds from the sale of stock0 7,981
Net cash provided by Financing Activities17,000 8,131
Net cash increase for period(1,283)(1,095)
Cash at beginning of period1,610 1,425
Cash at end of period327 330
Cash paid during the period:
Interest paid0 0
Income taxes paid $ 0 $ 0

- ORGANIZATION AND OPERATIONS

- ORGANIZATION AND OPERATIONS6 Months Ended
Jan. 31, 2021
- ORGANIZATION AND OPERATIONS [Abstract]
- ORGANIZATION AND OPERATIONSNOTE 1 - ORGANIZATION AND OPERATIONS Bigeon (“Company”) was incorporated on June 19, 2018 under the laws of Nevada. We are developing a new kind of messenger application. The product of the Company (“the App”) is intended to provide an entirely new way of sharing information. The App enables a user to draw a picture or a writing instead of typing the whole message. Our intended users will be the people whose jobs are connected with drawing and creating graphic animation. Bigeon's product will be an appropriate tool to make short sketches on the go and share them with others.

- SUMMARY OF SIGNIFICANT ACCOUN

- SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES6 Months Ended
Jan. 31, 2021
- SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES [Abstract]
- SUMMARY OF SIGNIFICANT ACCOUNTING POLICIESNOTE 2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES The Management of the Company is responsible for the selection and use of appropriate accounting policies and the appropriateness of accounting policies and their application. Critical accounting policies and practices are those that are both most important to the portrayal of the Company's financial condition and results and require management's most difficult, subjective, or complex judgments, often as a result of the need to make estimates about the effects of matters that are inherently uncertain. The Company's significant and critical accounting policies and practices are disclosed below as required by generally accepted accounting principles. Basis of Presentation The accompanying unaudited condensed financial statements have been prepared in accordance with the rules and regulations (Regulation S-X) of the Securities and Exchange Commission (the “SEC”) and with the instructions to Form 10-Q. Accordingly, they do not include all of the information and footnotes required by generally accepted accounting principles for complete financial statements. In the opinion of management, all adjustments (consisting of normal recurring accruals) considered necessary for a fair presentation have been included. The results of operations for the six months ended January 31, 2021, are not necessarily indicative of the operating results that may be expected for the year ending July 31, 2021. These unaudited condensed financial statements should be read in conjunction with the July 31, 2020, financial statements and notes thereto. 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 amount of revenues and expenses during the reporting period. Actual results could differ from those estimates. Cash Equivalents The Company considers all highly liquid investments with maturities of three months or less at the time of purchase to be cash equivalents. The cash equivalents as of January 31, and July 31, 2020 were $0. 10 Related Parties The Company follows subtopic 850-10 of the FASB Accounting Standards Codification for the identification of related parties and disclosure of related party transactions. Pursuant to Section 850-10-20 the related parties include (a) affiliates of the Company; (b) entities for which investments in their equity securities would be required, absent the election of the fair value option under the Fair Value Option Subsection of Section 825-10-15, to be accounted for by the equity method by the investing entity; (c) trusts for the benefit of employees, such as pension and profit-sharing trusts that are managed by or under the trusteeship of management; (d) principal owners of the Company; (e) management of the Company; (f) other parties with which the Company may deal if one party controls or can significantly influence the management or operating policies of the other to an extent that one of the transacting parties might be prevented from fully pursuing its own separate interests; and (g) other parties that can significantly influence the management or operating policies of the transacting parties or that have an ownership interest in one of the transacting parties and can significantly influence the other to an extent that one or more of the transacting parties might be prevented from fully pursuing its own separate interests. Net Income (Loss) per Common Share Net income (loss) per common share is computed pursuant to section 260-10-45 of the FASB Accounting Standards Codification. Basic net income (loss) per common share is computed by dividing net income (loss) by the weighted average number of shares of common stock outstanding during the period. Diluted net income (loss) per common share is computed by dividing net income (loss) by the weighted average number of shares of common stock and potentially dilutive outstanding shares of common stock during the period to reflect the potential dilution that could occur from common shares issuable through contingent share arrangements, stock options and warrants. There were no potentially dilutive common shares outstanding as of January 31, 2021, and July 31, 2020. Recent Accounting Pronouncements The Company's management has evaluated all the recently issued, but not yet effective, accounting standards that have been issued or proposed by the FASB or other standards-setting bodies through the filing date of these financial statements and does not believe the future adoption of any such pronouncements will have a material effect on the Company's financial position and results of operations.

- GOING CONCERN

- GOING CONCERN6 Months Ended
Jan. 31, 2021
- GOING CONCERN [Abstract]
- GOING CONCERNNOTE 3 - GOING CONCERN The financial statements have been prepared assuming that the Company will continue as a going concern, which contemplates continuity of operations, realization of assets, and liquidation of liabilities in the normal course of business. As reflected in the financial statements, the Company had no revenues during the six months ended January 31, 2021, has a net loss, and is showing an accumulated deficit. These factors raise substantial doubt about the Company's ability to continue as a going concern. 11 The Company is attempting to commence full-scale operations and generate sufficient revenue, however, the Company's cash position may not be sufficient to support the Company's daily operations long-term. Management intends to raise additional funds by way of a private or public offering. While the Company believes in the viability of its strategy to commence operations and generate sufficient revenue and in its ability to raise additional funds, there can be no assurances to that effect. The ability of the Company to continue as a going concern is dependent upon the Company's ability to further implement its business plan and generate sufficient revenue and its ability to raise additional funds by way of a public or private offering. The financial statements do not include any adjustments related to the recoverability and classification of recorded asset amounts or the amounts and classification of liabilities that might be necessary should the Company be unable to continue as a going concern.

- STOCKHOLDERS' EQUITY

- STOCKHOLDERS' EQUITY6 Months Ended
Jan. 31, 2021
- STOCKHOLDERS' EQUITY [Abstract]
- STOCKHOLDERS' EQUITYNOTE 4 - STOCKHOLDERS' EQUITY Upon formation, the total number of shares of all classes of stock which the Company is authorized to issue is seventy-five million (75,000,000) shares of Common Stock, par value $0.001 per share. During the three months ended October 31, 2019 the Company issued 399,050 shares of common stock for cash proceeds of $7,981 at $0.02 per share. During the period from November 1, 2019 through July 31, 2020 the Company issued an additional 410,000 shares of common stock for cash proceeds of $8,200 at $0.02 per share. There were 4,381,550 shares of common stock issued and outstanding as of January 31, 2021 and July 31, 2020.

- RELATED-PARTY TRANSACTIONS

- RELATED-PARTY TRANSACTIONS6 Months Ended
Jan. 31, 2021
- RELATED-PARTY TRANSACTIONS [Abstract]
- RELATED-PARTY TRANSACTIONSNOTE 5 - RELATED-PARTY TRANSACTIONS The President and sole director of the Company, Olegas Tunevicius, is the only related party with whom the Company had transactions with during the six months ended January 31, 2021. During this period, Mr. Tunevicius contributed $17,000 in cash to assist in paying for operating expenses on behalf of the Company. The amounts due to the related party are unsecured and non-interest bearing with no set terms of repayment and were $32,144 and $15,144 as of January 31, 2021, and July 31, 2020, respectively.

- COMMITMENTS AND CONTINGENCIES

- COMMITMENTS AND CONTINGENCIES6 Months Ended
Jan. 31, 2021
- COMMITMENTS AND CONTINGENCIES [Abstract]
- COMMITMENTS AND CONTINGENCIESNOTE 6 - COMMITMENTS AND CONTINGENCIES The Company has entered into a one-year rental agreement for approximately $18 monthly, starting on June 11, 2019. The Company has extended this rental agreement through June 11, 2021.

- FOREIGN CURRENCY

- FOREIGN CURRENCY6 Months Ended
Jan. 31, 2021
- FOREIGN CURRENCY [Abstract]
- FOREIGN CURRENCYNOTE 7 - FOREIGN CURRENCY As a result of the Company's management operating in Europe, some of the Company's transactions occurred in Euros. However, due to the little variance in the foreign currency translation rate during the period covered by these financial statements, there were no gains or losses recorded to either other comprehensive income or net income. 12

- SUBSEQUENT EVENTS

- SUBSEQUENT EVENTS6 Months Ended
Jan. 31, 2021
- SUBSEQUENT EVENTS [Abstract]
- SUBSEQUENT EVENTSNOTE 8 - SUBSEQUENT EVENTS The Company has evaluated all events that occur after the balance sheet date through the date when the financial statements were available to be issued to determine if they must be reported. Management of the Company determined that there are no material subsequent events to be disclosed. 1 3

Significant Accounting Policies

Significant Accounting Policies (Policies)6 Months Ended
Jan. 31, 2021
Significant Accounting Policies (Policies) [Abstract]
Basis of PresentationBasis of Presentation The accompanying unaudited condensed financial statements have been prepared in accordance with the rules and regulations (Regulation S-X) of the Securities and Exchange Commission (the “SEC”) and with the instructions to Form 10-Q. Accordingly, they do not include all of the information and footnotes required by generally accepted accounting principles for complete financial statements. In the opinion of management, all adjustments (consisting of normal recurring accruals) considered necessary for a fair presentation have been included. The results of operations for the six months ended January 31, 2021, are not necessarily indicative of the operating results that may be expected for the year ending July 31, 2021. These unaudited condensed financial statements should be read in conjunction with the July 31, 2020, financial statements and notes thereto.
Use of EstimatesUse 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 amount of revenues and expenses during the reporting period. Actual results could differ from those estimates.
Cash EquivalentsCash Equivalents The Company considers all highly liquid investments with maturities of three months or less at the time of purchase to be cash equivalents. The cash equivalents as of January 31, and July 31, 2020 were $0. 10
Related PartiesRelated Parties The Company follows subtopic 850-10 of the FASB Accounting Standards Codification for the identification of related parties and disclosure of related party transactions. Pursuant to Section 850-10-20 the related parties include (a) affiliates of the Company; (b) entities for which investments in their equity securities would be required, absent the election of the fair value option under the Fair Value Option Subsection of Section 825-10-15, to be accounted for by the equity method by the investing entity; (c) trusts for the benefit of employees, such as pension and profit-sharing trusts that are managed by or under the trusteeship of management; (d) principal owners of the Company; (e) management of the Company; (f) other parties with which the Company may deal if one party controls or can significantly influence the management or operating policies of the other to an extent that one of the transacting parties might be prevented from fully pursuing its own separate interests; and (g) other parties that can significantly influence the management or operating policies of the transacting parties or that have an ownership interest in one of the transacting parties and can significantly influence the other to an extent that one or more of the transacting parties might be prevented from fully pursuing its own separate interests.
Net Income (Loss) per Common ShareNet Income (Loss) per Common Share Net income (loss) per common share is computed pursuant to section 260-10-45 of the FASB Accounting Standards Codification. Basic net income (loss) per common share is computed by dividing net income (loss) by the weighted average number of shares of common stock outstanding during the period. Diluted net income (loss) per common share is computed by dividing net income (loss) by the weighted average number of shares of common stock and potentially dilutive outstanding shares of common stock during the period to reflect the potential dilution that could occur from common shares issuable through contingent share arrangements, stock options and warrants. There were no potentially dilutive common shares outstanding as of January 31, 2021, and July 31, 2020.
Recent Accounting PronouncementsRecent Accounting Pronouncements The Company's management has evaluated all the recently issued, but not yet effective, accounting standards that have been issued or proposed by the FASB or other standards-setting bodies through the filing date of these financial statements and does not believe the future adoption of any such pronouncements will have a material effect on the Company's financial position and results of operations.

- SUMMARY OF SIGNIFICANT ACCO_2

- SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details Text) - USD ($)Jan. 31, 2021Jul. 31, 2020
Summary Of Significant Accounting Policies Details [Abstract]
The cash equivalents as of January 31, and July 31, 2020 were $0. $ 0 $ 0

- STOCKHOLDERS' EQUITY (Details

- STOCKHOLDERS' EQUITY (Details Text) - USD ($)3 Months Ended9 Months Ended
Oct. 31, 2019Jul. 31, 2020Jan. 31, 2021
Equity, Fair Value Disclosure [Abstract]
During the three months ended October 31, 2019 the Company issued 399,050 shares of common stock for cash proceeds of $7,981 at $0.02 per share. During the period from November 1, 2019 through July 31, 2020 the Company issued an additional 410,000 shares of common stock for cash proceeds of $8,200 at $0.02 per share. $ 7,981 $ 8,200
There were 4,381,550 shares of common stock issued and outstanding as of January 31, 2021 and July 31, 2020.4,381,550 4,381,550

- RELATED-PARTY TRANSACTIONS (D

- RELATED-PARTY TRANSACTIONS (Details Text) - USD ($)Jan. 31, 2021Jul. 31, 2020
Related Party Transaction, Due from (to) Related Party [Abstract]
Tunevicius contributed $17,000 in cash to assist in paying for operating expenses on behalf of the Company $ 17,000
The amounts due to the related party are unsecured and non-interest bearing with no set terms of repayment and were $32,144 and $15,144 as of January 31, 2021, and July 31, 2020, respectively. $ 32,144 $ 15,144

- COMMITMENTS AND CONTINGENCI_2

- COMMITMENTS AND CONTINGENCIES (Details Text)Jan. 31, 2021USD ($)
Regulatory Assets and Liabilities Disclosure [Abstract]
The Company has entered into a one-year rental agreement for approximately $18 monthly, starting on June 11, 2019 $ 18