2.4.0.80008 - Disclosure - CUSTOMER DEPOSITStruefalsefalse1false falsefalseFrom2013-01-01to2013-06-30http://www.sec.gov/CIK0001494413duration2013-01-01T00:00:002013-06-30T00:00:001true 1us-gaap_BankingAndThriftAbstractus-gaap_truenadurationfalsefalsefalsefalsefalsefalsefalsefalse1falsefalsefalse00falsefalsefalsexbrli:stringItemTypestringfalse0Banking and Thrift [Abstract]2false 2us-gaap_DepositLiabilitiesDisclosuresTextBlockus-gaap_truenadurationfalsefalsefalsefalsefalsefalsefalsefalse1falsefalsefalse00<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 9pt 0 0; text-align: justify">NOTE 3 &#150; CUSTOMER DEPOSITS</p> <p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 9pt 0 0; text-align: justify">During the quarterly period ended June 30, 2013, the company invoiced and received cash in the amount of $14,000 for a new product design project on behalf of two customers. In accordance with the revenue recognition policy of the Company, all revenue has been deferred since the Company has not met a contractually specific milestone in the design project</p> <p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 9pt 0 0; text-align: justify">The customer deposits were received by two customers who are shareholders and note holders of the Company. One customer advanced $7,000 in cash holds notes payable of $45,750 in the Company at June 30, 2013 and is a 0% and 5.7% shareholder at June 30, 2013 and August 7, 2013, respectively. The second customer also advanced $7,000 in cash holds notes payable of $42,917 in the Company at June 30, 2013 and is a 0% and 5.0% shareholder at June 30, 2013 and August 7, 2013, respectively.</p>falsefalsefalsenonnum:textBlockItemTypenaThe entire disclosure for deposit liabilities including data and tables. It may include a description of the entity's deposit liabilities, the aggregate amount of time deposits (including certificates of deposit) in denominations of $100,000 or more at the balance sheet date; the aggregate amount of any demand deposits that have been reclassified as loan balances, such as overdrafts, at the balance sheet date; deposits that are received on terms other than those in the normal course of business, the amount of accrued interest on deposit liabilities; securities, mortgage loans or other financial instruments that serve as collateral for deposits; for time deposits having a remaining term of more than one year, the aggregate amount of maturities for each of the five years following the balance sheet date; and the weighted average interest rate for all deposit liabilities held by the entity.Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 405 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6479006&loc=d3e64164-112818 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-03.12) -URI http://asc.fasb.org/extlink&oid=6876686&loc=d3e534808-122878 false0CUSTOMER DEPOSITSfalseCUSTOMER DEPOSITSUnKnownUnKnownUnKnownUnKnowntruefalsefalseSheethttp://ipoi.com/role/CustomerDeposits12