RELATED PARTY TRANSACTIONS

3 Months Ended

Mar. 31, 2015

Related Party Transactions [Abstract]

RELATED PARTY TRANSACTIONS

NOTE 6 – RELATED PARTY TRANSACTIONS

LFC's chief executive officer, who became the Company's chief executive officer in connection with the reverse acquisition, received 9,350,000 shares of common stock, representing 47.5% of the Company's outstanding common stock, in exchange for 9,350,000 shares of LFC common stock pursuant to the Share Exchange Agreement.  The chief executive officer acquired his LFC common stock in July 2014 for $0.0001 per share, which was the par value of the LCF common stock.

Two individuals, one of whom was the Company's then chief executive and chief financial officer prior to the reverse acquisition and because the Company's chief financial officer after the reverse acquisition, and one who was not affiliated with the Company but who became a 5% stockholder pursuant to the Share Exchange Agreement, each (i) made a $12,000 loan to the Company and received a 10% senior promissory note in the principal amount of $12,000, which were paid from the proceeds of the Company's private placement, and (ii) made a loan to the LFC in the amount of $1,925, which became converted into 1,925,000 shares of common stock pursuant to the Share Exchange Agreement.  The loans represented a portion of the $36,000 loans to the Company and $5,250 loans to LFC described in Note 4.  Also, see Note 5.

The liabilities of the Cala Energy Corp. that were assumed by the Company includes $100 due to the Company's chief financial officer, who was the Company's chief executive officer and chief financial officer prior to the reverse acquisition.

The Company's chief executive officer made a $115 advance to the Company during the period ended March 31, 2015.  The advance is non-interest bearing and payable on demand.  This advance is included in loans payable at March 31, 2015.

The Company's chief financial officer, who was the chief executive officer and chief financial officer, made a $100 advance to the Company during the period ended March 31, 2015.  This advance is included in loans payable at March 31, 2015.