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1. NATURE OF OPERATIONS
3 Months Ended
Apr. 30, 2015
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
1. NATURE OF OPERATIONS

The Company was incorporated on December 17, 2007 under the laws of the State of Nevada.  On January 7, 2010, the Company changed its name from Green Bikes Rental Corporation to Affinity Mediaworks Corp.  On May 11, 2015, the Company converted into a Maryland corporation and changed its name to American Housing Income Trust, Inc.  The Company's former principal business was to seek a suitable candidate to consummate an acquisition, merger or other suitable business combination method.

 

On February 4, 2015, the Company and the Company’s shareholders entered into a Share Purchase Agreement with American Realty Partners, LLC (“ARP”) pursuant to which ARP acquired 58,809,678 shares of common stock, representing 50.79% of the total issued and outstanding shares of common stock of the Company, and 20,000 shares of Series A Preferred Stock of the Company representing 100% of the total issued and outstanding shares of preferred stock of the Company.  The agreement closed on February 13, 2015.  As a result of this transaction, a change of control of the Company took place.

 

Going Concern

 

These financial statements have been prepared on a going concern basis, which implies that the Company will continue to realize its assets and discharge its liabilities in the normal course of business. The Company has not generated any revenue since inception and is unlikely to generate significant earnings in the immediate or foreseeable future. The continuation of the Company as a going concern is dependent upon the continued financial support from its stockholders, the ability of the Company to obtain necessary equity financing to continue operations, and the attainment of profitable operations. As at April 30, 2015, the Company has accumulated losses of $4,513,216 since inception. These factors raise substantial doubt regarding the Company’s ability to continue as a going concern. These financial statements do not include any adjustments to the recoverability and classification of recorded asset amounts and classification of liabilities that might be necessary should the Company be unable to continue as a going concern.