0001336282 2013-01-01 2013-03-31 0001336282 2012-07-01 2013-03-31 0001336282 2013-06-30 0001336282 2014-01-01 2014-03-31 0001336282 2013-07-01 2014-03-31 0001336282 2014-03-31 0001336282 pdmte:OfficerAndDirectorMember 2014-03-31 0001336282 2005-05-13 2014-03-31 0001336282 us-gaap:SubsequentEventMember us-gaap:ConvertibleNotesPayableMember 2014-05-21 0001336282 us-gaap:SubsequentEventMember us-gaap:ConvertibleNotesPayableMember us-gaap:PrivatePlacementMember 2014-05-21 0001336282 us-gaap:SubsequentEventMember us-gaap:WarrantMember 2014-05-21 0001336282 us-gaap:SubsequentEventMember us-gaap:CommonStockMember 2014-05-21 0001336282 us-gaap:SubsequentEventMember us-gaap:ConvertibleNotesPayableMember 2014-05-01 2014-05-21 0001336282 us-gaap:SubsequentEventMember us-gaap:ConvertibleNotesPayableMember us-gaap:PrivatePlacementMember 2014-05-01 2014-05-21 0001336282 us-gaap:SubsequentEventMember us-gaap:ConvertibleNotesPayableMember pdmte:UrbanCultivatorIncBcNorthernLightsEnterprisesLtdAndW3MetalIncMember 2014-05-01 2014-05-21 0001336282 us-gaap:SubsequentEventMember us-gaap:WarrantMember 2014-05-01 2014-05-21 0001336282 us-gaap:SubsequentEventMember us-gaap:CommonStockMember 2014-05-01 2014-05-21 0001336282 us-gaap:SubsequentEventMember 2014-05-01 2014-05-21 0001336282 2014-06-02 0001336282 2012-06-30 0001336282 2013-03-31 xbrli:shares iso4217:USD iso4217:USDxbrli:shares xbrli:pure Placer Del Mar, Ltd. 0001336282 pdmte --06-30 Smaller Reporting Company 1720000 10-Q 2014-03-31 false 2014 Q3 1089 101039 140285 30228 56162 56162 131267 196447 1720 1720 42480 42480 175467 240647 -131267 -196447 0.001 0.001 50000000 50000000 1720000 1720000 1720000 1720000 197927 197927 58174 2789 8367 28818 18327 52705 27278 65180 344974 21116 61072 27278 65180 431966 5147 15553 53290 5147 15553 53290 46682 46682 -26263 -76625 -27278 -65180 -240647 0.01 0.04 0.00 0.03 1720000 1720000 1720000 1720000 15553 28153 39246 140285 -24552 -25934 -100362 23463 25394 56162 44200 23463 25394 100362 -1089 311425 <div style="color: #000000; font-family: '', 'times new roman', '', times, serif; font-size: 10pt; font-style: normal; font-variant: normal; letter-spacing: normal; line-height: normal; orphans: auto; text-indent: 0px; text-transform: none; white-space: normal; widows: auto; word-spacing: 0px; -webkit-text-stroke-width: 0px; margin-bottom: 16pt; font-weight: bold; text-align: left; background-color: #ffffff;"><font style="font-family: times new roman,times;" size="2">Note 1. Basis of Presentation</font></div> <div style="color: #000000; font-family: '', 'times new roman', '', times, serif; font-size: 10pt; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: auto; text-indent: 0px; text-transform: none; white-space: normal; widows: auto; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-align: justify; background-color: #ffffff;"><font style="font-family: times new roman,times;" size="2">The accompanying unaudited interim financial statements of Placer Del Mar, Ltd., have been prepared in accordance with accounting principles generally accepted in the United States of America and the rules of the Securities and Exchange Commission, and should be read in conjunction with the audited financial statements and notes thereto contained in Placer Del Mar, Ltd.'s Form 10-K filed with SEC.&#160; In the opinion of management, all adjustments, consisting of normal recurring adjustments, necessary for a fair presentation of financial position and the results of operations for the interim periods presented have been reflected herein.&#160; The results of operations for interim periods are not necessarily indicative of the results to be expected for the full year.&#160; Notes to the financial statements which would substantially duplicate the disclosure contained in the audited financial statements for fiscal&#160;2013 as reported in the Form 10-K, for the year ended June 30, 2013, have been omitted.&#160; It is management's opinion that all adjustments necessary for a fair statement of the results of the interim periods have been made, and all adjustments are of a normal recurring nature.</font></div> <div style="color: #000000; font-family: '', 'times new roman', '', times, serif; font-size: 10pt; font-style: normal; font-variant: normal; letter-spacing: normal; line-height: normal; orphans: auto; text-indent: 0px; text-transform: none; white-space: normal; widows: auto; word-spacing: 0px; -webkit-text-stroke-width: 0px; margin-bottom: 16pt; font-weight: bold; text-align: left; background-color: #ffffff;"><font style="font-family: times new roman,times;" size="2">Note 2. Going Concern</font></div> <div style="color: #000000; font-family: '', 'times new roman', '', times, serif; font-size: 10pt; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: auto; text-indent: 0px; text-transform: none; white-space: normal; widows: auto; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-align: justify; background-color: #ffffff;"><font style="font-family: times new roman,times;" size="2">The accompanying financial statements have been prepared assuming that the Company will continue as a going concern.&#160; While the Company has reported revenue of $197,927 during the period from May 13, 2005 (inception) to March 31, 2014, the Company generated a net loss of $240,647 during the same period.&#160; This condition raises substantial doubt about the Company's ability to continue as a going concern.&#160; This condition raises substantial doubt about the Company's ability to continue as a going concern.&#160; The Company will require additional funding for operations; this additional funding may be raised through debt or equity offerings.&#160; Management has yet to decide what type of offering the Company will use or how much capital the Company will attempt to raise.&#160; There is no guarantee that the Company will be able to raise any capital through any type of offerings.</font></div> <div style="color: #000000; font-family: '', 'times new roman', '', times, serif; font-size: 10pt; font-style: normal; font-variant: normal; letter-spacing: normal; line-height: normal; orphans: auto; text-indent: 0px; text-transform: none; white-space: normal; widows: auto; word-spacing: 0px; -webkit-text-stroke-width: 0px; font-weight: bold; text-align: justify; background-color: #ffffff;"><font style="font-family: times new roman,times;" size="2">Note 3. 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