Document And Entity Information
Entity Registrant Name
Entity Central Index Key
Document Type
Document Period End Date
Amendment Flag
Current Fiscal Year End Date
Is Entity a Well-known Seasoned Issuer?
Is Entity a Voluntary Filer?
Is Entity's Reporting Status Current?
Entity Filer Category
Entity Public Float
Entity Common Stock, Shares Outstanding
Document Fiscal Period Focus
Document Fiscal Year Focus
Statement of Financial Position [Abstract]
ASSETS
Cash
Total current assets
Total assets
LIABILITIES AND STOCKHOLDERS' (DEFICIT)
Accounts payable and accrued expenses
Accounts payable and accrued expenses, related parties
Loans payable
Loans payable- related parties
Total current liabilities
Total liabilities
Commitments and contingencies
Stockholders' (deficit):
Preferred stock, $0.001 par value; 20,000,000 shares authorized; none issued and outstanding
Common stock, $0.001 par value, 50,000,000 shares authorized; 31,110,580 shares issued and outstanding, respectively
Additional paid-in capital
Deficit accumulated during the development stage
Total stockholders' (deficit)
Total liabilities and stockholders' (deficit)
Shareholders' Equity
Preferred stock, par value
Preferred stock, authorized
Preferred stock, issued
Preferred stock, outstanding
Common stock, par value
Common stock, authorized
Common stock, issued
Common stock, outstanding
Income Statement [Abstract]
Revenue
Operating expenses
Operating (Loss)
Other income (expense)
Cancellation of debt pursuant to agreement rescission
Cancellation of accounts payable
Interest (expense)
Income (Loss) Before Provision for Income Taxes
Income Taxes
Net income (loss)
Net (Loss) Per Common Share - Basic and Diluted
Weighted Average Shares of Common Stock Outstanding
Statement of Cash Flows [Abstract]
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income (loss)
Adjustments to reconcile net loss to net cash used in operating activities:
Depreciation
Stock based compensation
Stock issued for liabilities
Cancellation of debt pursuant to agreement rescission
Stock and note issued for purchased R & D
Accumulated loss of acquisition
Changes in operating assets and liabilities:
Other assets, security deposits
Accounts payable and accrued expenses
Accounts payable and accrued expenses-related parties
Net cash used in operating activities
CASH FLOWS FROM INVESTING ACTIVITIES:
Purchases of property and equipment
Net cash used in investing activities
CASH FLOWS FROM FINANCING ACTIVITIES:
Bank overdraft repayment
Loans payable proceeds, related parties
Loans payable repayments, related parties
Proceeds from loans payable
Line of credit, net
Proceeds from sale of common stock
Net cash provided by financing activities
Net increase (decrease) in cash
Cash and equivalents, beginning of period
Cash and equivalents, end of period
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:
Payment of taxes
Payment of interest
SUPPLEMENTAL DISCLOSURE OF NON-CASH INVESTING AND FINANCING ACTIVITIES:
Stock Issued for Services
Contribution of debt by shareholder
Stock Issued for Acquisition of Timber Property, Inc.
Stock Issued for Purchased R & D
Notes to Financial Statements
DESCRIPTION OF BUSINESS
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
INCOME TAX
RELATED PARTY TRANSACTIONS
CAPITAL TRANSACTIONS
NOTES AND LOANS PAYABLE
EQUITY TRANSACTIONS
SUBSEQUENT EVENTS
Development Stage Company
Use of estimates
Principles of consolidation
Revenue recognition
Net loss per common share
Cash and cash equivalents
Concentrations of Risk
Property and Equipment
Share-Based Compensation
Income taxes
Fair Value of Financial Instruments
Recently Issued Accounting Standards
Assets, Current
Assets
Liabilities, Current
Liabilities
Development Stage Enterprise, Deficit Accumulated During Development Stage
Stockholders' Equity Attributable to Parent
Liabilities and Equity
Operating Income (Loss)
ExtinguishmentOfDebtPerAgreementAmount
Extinguishment of Debt, Amount
Interest Expense
Income (Loss) from Continuing Operations before Income Taxes, Domestic
Gains (Losses) on Extinguishment of Debt
Stock Issued During Period, Value, Issued for Services
Increase (Decrease) in Deposit Assets
Increase (Decrease) in Accounts Payable and Accrued Liabilities
Net Cash Provided by (Used in) Operating Activities
Payments to Acquire Productive Assets
Net Cash Provided by (Used in) Investing Activities
Repayments of Related Party Debt
Line of Credit Facility, Increase (Decrease) for Period, Net
Net Cash Provided by (Used in) Financing Activities
Cash and Cash Equivalents, Period Increase (Decrease)
Debt canceled per agreement recission.
The average number of shares or units issued and outstanding that are used in calculating basic and diluted EPS.
Contributiont to paid in capital to offset cumulative unpaid accrued compensation.
Development stage company policy
Capital transactions