10-Q

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 10-Q

(Mark One)

[X]  QUARTERLY REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the quarterly period ended March 31, 2015

[  ]  TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the transition period from __________ to __________

Commission files number 000-55053

BLOW & DRIVE INTERLOCK CORPORATION

(Exact name of registrant as specified in its charter)

Jam Run Acquisition Corporation

(Former Name of Registrant as Specified in its Charter)

Delaware	46-3590850
(State or other jurisdiction of	(I.R.S Employer
incorporation or organization)	Identification No.)

1080 La Cienega Boulevard

Suite 304

Los Angeles, California 90035

(Address of principal executive offices) (zip code)

818-299-0653

(Registrant’s telephone number, including area code)

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.

Yes [X] No [  ]

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company. See the definitions of “large accelerated filer,” “accelerated filer” and “smaller reporting company” in Rule 12b-2 of the Exchange Act.

Large accelerated filer [  ]	Accelerated Filer [  ]
Non-accelerated filer [  ]	Smaller reporting company [X]

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes [X] No [  ]

Indicate the number of shares outstanding of each of the issuer’s classes of stock, as of the latest practicable date.

Class	Outstanding at May 14, 2015
Common Stock, par value $0.0001	14,896,000

Documents incorporated by reference: None

1

Table of Contents
PART I - FINANCIAL INFORMATION			Page
	Item 1.	Financial Statements	3
	Item 2.	Management’s Discussion and Analysis of Financial Condition and Results of Operations	10
	Item 3.	Quantitative and Qualitative Disclosures about Market Risk	11
	Item 4.	Controls and Procedures	12
PART I I - OTHER INFORMATION
	Item 1.	Legal Proceedings	13
	Item 1A.	Risk Factors	13
	Item 2.	Unregistered Sales of Equity Securities and Use of Proceeds	13
	Item 3.	Defaults upon Senior Securities	13
	Item 4.	Mine Safety Disclosures	13
	Item 5.	Other Information	13
	Item 6.	Exhibits	13
SIGNATURES			14

2

PART I - FINANCIAL INFORMATION

Item 1. Financial Statements

Blow & Drive Interlock Corporation

Balance Sheets

	March 31			December 31,
	2015			2014
	(Unaudited)
Assets
Current Assets
Cash	$	173,786		$	272,692
Total current assets		173,786		$	272,692
Other assets
Deposit		6,225			-
Property and equipment		4,678			2,400
Total assets	$	184,689			275,092
Liabilities and Stockholders' Equity
Current liabilities
Accrued interest - related party	$	2,840		$	9,412
Accrued expenses		17,250			24,400
Accrued payroll liabilities		4,324			-
Taxes payable		2,000			2,000
Note payable - related party		56,549			48,994
Total current liabilities		82,963			84,806
Note payable - related party, net of current portion		101,244			108,799
Total liabilities		184,207			193,605
Stockholders’ equity
Preferred stock, $0.0001 par value, 20,000,000 shares authorized; none outstanding		-			-
Common stock, $0.0001 par value, 100,000,000 shares authorized; 14,896,000 and 14,852,500 shares issued and outstanding as of March 31, 2015 and December 31, 2014, respectively		1,490			1,485
Additional paid-in capital		336,666			305,671
Deficit accumulated during the development stage		(337,674	)		(225,669	)
Total stockholders’ equity		482			81,487
Total Libilities and Stockholders' Equity	$	184,689		$	275,092

The accompanying notes are an integral part of the financial statements

3

Blow & Drive Interlock Corporation

Statements of Operations

(Unaudited)

	For the Three Months Ended
	March 31, 2015			March 31, 2014
Sales	$	-		$	-
Cost of sales		-			-
Gross Profit		-			-
Operating expenses
Payroll		52,176			-
Professional fees		24,862			-
General and administrative		19,424			49,445
Research development		12,500			8,793
Total operating expenses		108,962			58,238
Loss from operations		(108,962	)		(58,238	)
Other income (expense)
Interest expense		3,043			998
Income (loss) before income taxes		(112,005	)		(59,236	)
Income taxes		-			-
Net (loss)	$	(112,005	)	$	(59,236	)
Loss per common share-basic and diluted	$	0.00		$	(0.00	)
Weighted average number of common shares outstanding-basic and diluted		14,887,089			13,976,333

The accompanying notes are an integral part of the financial statements

4

Blow & Drive Interlock Corporation

Statement of Changes in Stockholders' Equity

									Stock
				Common			Additional Paid-		Subscription		Accumulated
	Shares			Stock			In Capital		Receivable		Deficit			Total
Balance at December 31, 2013		20,000,000		$	2,000		$	700	$	-	$	(1,900	)	$	800
Issuance of common stock for services		9,700,000			970			-		-		-			970
Issuance of common shares for subsription receivable		4,852,500			485			229,971		-		-			230,456
Repurchase of common stock		(19,700,000	)		(1,970	)		-		-		-			(1,970	)
Additional paid-in capital		-			-			75,000		-		-			75,000
Net loss		-			-			-		-		(223,769	)		(223,769	)
Balance at December 31, 2014		14,852,500			1,485			305,671		-		(225,669	)		81,487
Issuance of common stock for cash		43,500			5			30,995		-		-			31,000
Net loss		-			-			-		-		(112,005	)		(112,005	)
Balance at March 31, 2015		14,896,000		$	1,490		$	336,666	$	-	$	(337,674	)	$	482

The accompanying notes are an integral part of the financial statements

5

Blow & Drive Interlock Corporation

Statements of Cash Flows

	For the Three Months Ended
	March 31, 2015			March 31, 2014
Cash Flows From Operating Activities
Net loss	$	(112,005	)	$	(59,236	)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities
Common stock issued for services		-			970
Depreciation		120
Changes in:
Prepaid expenses		-			(7,500	)
Deposits		(6,225	)		(48,000	)
Accrued interest - related party		(6,572	)		-
Accrued liabilities		(7,150	)		-
Accrued payroll liabilities		4,324			-
Net cash used in operating activities		(127,508	)		(113,766	)
Cash Flows From Investing Activities
Purchase of fixed assets		(2,398	)		-
Net cash (used) in investing activities		(2,398	)		-
Cash Flows From Financing Activities
Proceeds from issuance of common stock		31,000			-
Repurchase of common shares		-			(1,970	)
Proceeds from note payable - related party		-			160,000
Repayments of notes payable - related party		-			(2,207	)
Net cash provided by financing activities		31,000			155,823
Net increase in cash		(98,906	)		42,057
Cash at beginning of period		272,692			2,000
Cash at end of period	$	173,786		$	44,057
Supplemental disclosure of cash flow information
Cash paid for:
Interest	$	9,412		$	-
Taxes	$	-		$	-
Non-cash transactions:
Common stock issued for subscription receivable	$	-		$	457
Common stock issued for services	$	-		$	970

The accompanying notes are an integral part of the financial statements

6

Blow & Drive Interlock Corporation

Notes to Financial Statements

(Unaudited)

Note 1: Nature of Operations and Summary of Significant Policies

The accompanying unaudited interim condensed financial statements have been prepared in accordance with accounting principles generally accepted in the United States for interim financial information and the instructions to Form 10-Q and Article 10 of Regulation S-X. In the opinion of management, all adjustments (consisting only of normal recurring accruals) considered necessary for a fair presentation have been included. Operating results for the three-month and six-month periods ended March 31, 2015 are not necessarily indicative of the results that may be expected for the full fiscal year. For further information, refer to the financial statements and notes thereto included in the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2014.

Nature of Operations

Blow & Drive Interlock (“the Company”) was incorporated on July 2, 2013 under the laws of the State of Delaware to engage in any lawful corporate undertaking, including, but not limited to, selected mergers and acquisitions. The Company is a development-stage SEC reporting company that intends to market and lease alcohol ignition interlock devices to DUI/DWI offenders as part of their mandatory court or motor vehicle department programs.

On February 6, 2014, James Cassidy and James McKillop, both directors of the Company and the then president and vice president, respectively, resigned such directorships and all offices of the Company. Messrs. Cassidy and McKillop each beneficially retain 150,000 shares of the Company’s common stock.

On February 6, 2014, Laurence Wainer was named as the sole director of the Company and serves as its President and sole officer.

On January 25, 2014, the Company entered into an agreement with Tiber Creek Corporation to effect transactions intended to combine the Company with a United States reporting company. As consideration, the Company paid Tiber Creek Corporation $40,000 upon execution of the agreement. An additional $10,000 was due thirty days thereafter, and $5,000 per month is due thereafter until paid in full, for a total of $85,000. As of March 31, 2015, a total of $85,000 had been paid to Tiber Creek. Management estimated the agreement had been satisfied by Tiber Creek as of March 31, 2015, and has therefore recorded $85,000 in professional fees for the year ending December 31, 2014.

Basis of Presentation

The summary of significant accounting policies presented below is designed to assist in understanding the Company’s financial statements. Such financial statements and accompanying notes are the representations of the Company’s management, who are responsible for their integrity and objectivity. These accounting policies conform to accounting principles generally accepted in the United States of America (“GAAP”) in all material respects, and have been consistently applied in preparing the accompanying financial statements.

Use of Estimates

The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements, and the reported amounts of revenues and expenses during the reporting periods. Actual results could differ from those estimates.

7

Concentration of Risk

Financial instruments that potentially subject the Company to concentrations of credit risk consist principally of cash. The Company places its cash with high quality banking institutions. From time to time, the Company maintains cash balances at certain institutions in excess of the Federal Deposit Insurance Corporation limit

Income Taxes

Under ASC 740, “Income Taxes”, deferred tax assets and liabilities are recognized for the future tax consequences attributable to temporary differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. Valuation allowances are established when it is more likely than not that some or all of the deferred tax assets will not be realized.

Loss per Common Share

The Company has adopted ASC 260 “Earnings Per Share”. Basic loss per common shares excludes dilution and is computed by dividing net loss by the weighted average number of common shares outstanding during the period. Diluted loss per common share reflect the potential dilution that could occur if securities or other contracts to issue common stock were exercised or converted into common stock or resulted in the issuance of common stock that then shared in the loss of the entity. As of March 31, 2015 and March 31, 2014, there are no outstanding dilutive securities.

Fair Value of Financial Instruments

FASB ASC 820 “Fair Value Measurements and Disclosures” establishes a three-tier fair value hierarchy, which priorities the inputs in measuring fair value. The hierarchy priorities the inputs into three levels based on the extent to which inputs used in measuring fair value are observable in the market.

These tiers include:

Level 1: defined as observable inputs such as quoted prices in active markets;

Level 2: defined as inputs other than quoted prices in active markets that is either directly or indirectly observable; and

Level 3: defined as unobservable inputs in which little or no market data exists, therefore requiring an entity to develop its own assumptions.

The carrying amounts of financial assets and liabilities, such as cash and accrued liabilities approximate their fair values because of the short maturity of these instruments.

Revenue

The Company has no revenue as of March 31, 2015.

Share-Based Compensation

The Company follows the provisions of ASC 718, Share-Based Payment, which requires all share-based payments to employees and non-employees to be recognized in the income statement based on their fair values. The Company uses the Black-Scholes pricing model for determining the fair value of share-based compensation. As of March 31, 2015 the Company has not issued any options or warrants.

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Note 2: Going Concern

The Company has sustained a cumulative net loss and accumulated deficit of $337,674, since inception of the Company on July 2, 2013. The Company's continuation as a going concern is dependent on its ability to generate sufficient cash flows from operations to meet its obligations. During, 2014, the Company raised approximately $235,000 from its largest shareholder (see note 4), an additional $230,000 from stock sales in December 2014 and $31,000 in the first quarter of 2015. Management believes that after these cash infusions, the Company has adequate working capital to operate through December 31, 2015 based on these infusions.

Management’s plans also include selling its equity securities and obtaining debt financing to fund its capital requirement and on-going operations; however, there can be no assurance the Company will be successful in these efforts.  

There is no assurance that the Company will ever be profitable. The financial statements do not include any adjustments to reflect the possible future effects on the recoverability and classification of assets or the amounts and classifications of liabilities that may result should the Company be unable to continue as a going concern.

Note 3: Recent Accounting Pronouncements

In June 2014, the Financial Accounting Standards Board ("FASB") issued Accounting Standards Update ("ASU") 2014-10, "Development Stage Entities (Topic 915)” which is in effect for reporting periods beginning after December 15, 2014, however early adoption is permitted and the Company has adopted this update for the year ended December 31, 2014. The amendments in this Update remove the definition of a development stage entity from the Master Glossary of the Accounting Standards Codification, thereby removing the financial reporting distinction between development stage entities and other reporting entities from U.S. GAAP. In addition, the amendments eliminate the requirements for development stage entities to (1) present inception-to-date information in the statements of income, cash flows, and shareholder equity, (2) label the financial statements as those of a development stage entity, (3) disclose a description of the development stage activities in which the entity is engaged, and (4) disclose in the first year in which the entity is no longer a development stage entity that in prior years it had been in the development stage. 

Note 4: Stock Issuance

During the three months ended March 31, 2015 the Company issued 43,500 shares at par value of $0.0001 for a total of $31,000 in exchange cash.

Note 5: Warrant and Option Issuances

There was no warrant or option issuances during the three months ended March 31, 2015, nor are there any options or warrants outstanding at March 31, 2015.

Note 6: Deposits

On January 21, 2015, we and Mr. Wainer entered into a two-year lease with Marsel Plaza LLC for a storefront location at 1080 South La Cienega Boulevard, Suite 304, Los Angeles, California 90035. Our base rent under the lease is $1,450 per month. The lease began on February 1, 2015 and this balance reflects the building deposit and the last month of the leases contract.

9

Note 7: Notes Payable

On February 16, 2014, the Company entered into a note payable agreement with Laurence Wainer, the director, President and sole officer of the Company. The note has a principal balance of $160,000 and bears interest at 7.75% per annum. Principal and interest payments are due in 60 equal monthly installments beginning in March 2014 of $3,205. The Company and Laurence Weiner entered into an additional agreement effective April 2014 suspending loan repayments until January 2015. As of January 2015, the payments have resumed through the period ending March 31, 2015. 

Note 8: Commitments and Contingencies

Liabilities for loss contingencies arising from claims, assessments, litigation, fines, and penalties and other sources are recorded when it is probable that a liability has been incurred and the amount can be reasonably estimated. Legal costs incurred in connection with loss contingencies are expensed as incurred. As of March 31, 2015, the Company has no contingent liability that is required to be recorded.

On January 21, 2015, we and Mr. Wainer entered into a two-year lease with Marsel Plaza LLC for a storefront location at 1080 South La Cienega Boulevard, Suite 304, Los Angeles, California 90035. Our base rent under the lease is $1,450 per month. The lease began on February 1, 2015.

Note 9: Subsequent Events

During the month of April the Company issued 108,000 shares for $54,000 cash.

Item 2: Management Discussion and Analysis of Financial Condition and Results of Operations

Executive Overview

We are a development stage company that was incorporated in the State of Delaware in July 2013. As of the periods from inception, July 2, 2013 (inception), through the date of this report, we did not generate any revenue and incurred expenses and operating losses as part of our development stage activities. From July 2, 2013 (inception) to March 31, 2015, we experienced a net loss and accumulated deficit of $337,674 and total liabilities of $184,207 consisting primarily of notes payable to our president, Laurence Wainer.

We intend to market and lease a breath alcohol ignition interlock device which is a mechanism that is installed on the steering column of an automobile and into which a driver exhales. The device in turn provides a blood-alcohol concentration analysis. If the driver’s blood-alcohol content is higher than a certain pre-programmed limit, the device prevents the ignition from engaging and the automobile from starting. These devices are often required for use by DUI or DWI (“driving under the influence” or “driving while intoxicated”) offenders as part of a mandatory court or motor vehicle department program.

We paid Well Electric, a company located in China with experience in design and manufacture of ignition interlock devices, $30,000 to design and manufacture the prototype ignition interlock device for us. Well Electric produced six prototype devices for us which we received in November 2014. Additional units can be purchased at a cost of approximately $500 for units with a camera and $400 each for units without a camera.

 We sent two of the devices to an independent certified testing laboratory in December 2014 to verify that they meet or exceed the guidelines for such interlock systems published by the National Highway Transportation Safety Agency. We expect the testing certification process to be completed by the end of May 2015.

10

Executive Overview (continued)

After successful certification from an independent testing laboratory, we will apply for state certification. We anticipate that we will begin our first certification in California. States usually approve any ignition interlock device that has obtained certification from an independent testing laboratory that the device meets or exceeds the standards published by the National Highway Transportation Safety Agency. The state certification process typically takes approximately 90 days. The Company’s business plan includes growth of the Company with the selling of franchise operations utilizing the Company’s ignition interlock devices as well as the development of additional Company owned storefront locations. As of May 14, 2015 the Company expects to complete the tests required for certification and is currently certified to sell their franchises in approximately 29 states.

After receiving state certification, we plan to open our initial storefront location in Los Angeles County, California and hire qualified personnel to install, calibrate, remove and monitor the devices. After such certification, we will also appear on the list of approved ignition interlock installers provided to the DUI/DWI offender by the Court, the Department of Motor Vehicles or other program.

Liquidity and Capital Resources

Our cash balance at March 31, 2015 was $173,786 due largely to Laurence Wainer contributing $75,000 as additional paid in capital in 2014 and a long-term note in the amount of $160,000 due in March 2019.

Cash provided by financing activities for the three months ended March 31, 2015 was $31,000 which consisted from the issuance of common stock for cash.

Results of Operations

We are in the development stage and have not generated revenues as of March 31, 2015.

We incurred operating expenses and interest expense of $112,005 for the three months ending March 31, 2015 compared to $59,236 for the same period of 2014. These expenses consisted of payroll, general and administrative expenses, professional fees, research and development costs and interest expense incurred in connection with the day to day operation of our business. Our net loss from inception through March 31, 2015 was $337,674.

Off- Balance Sheet Arrangements

We have no off-balance sheet arrangements.

Commitments and Contingent Liabilities

Liabilities for loss contingencies arising from claims, assessments, litigation, fines, and penalties and other sources are recorded when it is probable that a liability has been incurred and the amount can be reasonably estimated. Legal costs incurred in connection with loss contingencies are expensed as incurred. As of March 31, 2015, the Company has no contingent liability that is required to be recorded nor disclosed.

On January 21, 2015, we and Mr. Wainer entered into a two-year lease with Marsel Plaza LLC for a storefront location at 1080 South La Cienega Boulevard, Suite 304, Los Angeles, California 90035. Our base rent under the lease is $1,450 per month. The lease began on February 1, 2015.

Item 3: Quantitative and Qualitative Disclosures

As a smaller reporting company, as defined in Rule 12b-2 of the Securities Exchange Act of 1934, we are not required to furnish information under this item.

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Item 4: Controls and Procedures

Evaluation of Disclosure Controls and Procedures

Pursuant to rules adopted by the Securities and Exchange Commission we carried out an evaluation of the effectiveness of the design and operation of our disclosure controls and procedures pursuant to rules promulgated under the Securities Exchange Act of 1934. This evaluation was done as of the end of the fiscal year under the supervision and with the participation of our principal executive officer (who is also the principal financial officer).

Based upon our evaluation, our principal executive and financial officer (Mr. Wainer performs both roles) concluded that, as of December 31, 2014, our existing disclosure controls and procedures were not effective. Disclosure controls and procedures means controls and other procedures that are designed to ensure that information required to be disclosed by us in the reports we file or submit under the Securities Exchange Act of 1934 is recorded, processed, summarized and reported within the time periods specified in the Securities and Exchange Commission’s rules and forms. Disclosure controls and procedures include, without limitation, controls and procedures designed to ensure that information required to be disclosed by us in the reports that we file or submit under the Securities Exchange Act of 1934 is accumulated and communicated to management, including the principal executive and principal financial officer, as appropriate to allow timely decisions regarding required disclosure. With only one officer in charge of such reporting controls, there is no backup to the oversight of such individual and thus such disclosure controls and procedures may not be considered effective.

We have engaged outside accounting and finance advisors to assist us in better implementing effective disclosure controls and procedures.

Changes in Internal Control over Financial Reporting

Except as noted above, there have been no changes in our internal control over financial reporting identified in connection with the evaluation required by paragraph (d) of Exchange Act Rules 13a-15 or 15d-15 that occurred during our first quarter that have materially affected, or are reasonably likely to materially affect, our internal control over financial reporting.

Internal Control over Financial Reporting

We are responsible for establishing and maintaining adequate internal control over financial reporting in accordance with Rule 13a-15 of the Securities Exchange Act of 1934. Our president conducted an evaluation of the effectiveness of our internal control over financial reporting as of December 31, 2014, based on the criteria establish in Internal Control Integrated Framework issued by the Committee of Sponsoring Organizations of the Treadway Commission. Based on this evaluation, management concluded that our internal control over financial reporting was ineffective as of December 31, 2014, based on those criteria. A control system can provide only reasonably, not absolute, assurance that the objectives of the control system are met and no evaluation of controls can provide absolute assurance that all control issues have been detected.

Management assessed the effectiveness of our internal control over financial reporting as of December 31, 2014 and identified the following material weaknesses:

Inadequate segregation of duties: We have an inadequate number of personnel to properly implement control procedures.

Lack of Audit Committee and Outside Directors on the Company’s Board of Directors: We do not have a functioning audit committee or outside directors on our board of directors, resulting in ineffective oversight in the establishment and monitoring of required internal controls and procedures.

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Part II – OTHER INFORMATION

Item 1: Legal Proceedings

There is no litigation pending or threatened by or against the Company.

Item 1A: Risk Factors

There have been no material changes to Blow & Drive Interlock Corporation’s risk factors as previously disclosed in our most recent 10-K filing for the fiscal year ending December 31, 2014.

Item 2: Unregistered Sales of Equity Securities and Use of Proceeds

Between January 1, 2015 and March 31, 2015, the Company issued 43,500 shares of its common stock to 3 investors for an aggregate consideration of $31,000.

Item 3: Defaults upon Senior Securities

None

Item 4: Mine Safety Disclosures

None

Item 5: Other Information

None

Item 6: Exhibits

List of Exhibits

31.1	Certification*
32.1	Certification of Chief Executive Officer *
101	101 XBRL exhibits
101.INS	XBRL Instance Document **
101.SCH	XBRL Taxonomy Extension Schema Document **
101.CAL	XBRL Taxonomy Extension Calculation Linkbase Document **
101.DEF	XBRL Taxonomy Extension Definition Linkbase Document **
101.LAB	XBRL Taxonomy Extension Label Linkbase Document **
101.PRE	XBRL Taxonomy Extension Presentation Linkbase Document **

* Filed herewith

** In accordance with Regulation S-T, the XBRL-formatted interactive data files that comprise Exhibit 101 in this quarterly report on Form 10-Q shall be deemed “furnished” and not “filed”.

13

Signatures

Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

Blow & Drive Interlock Corporation
	By:	/s/ Laurence Wainer
		Chief Executive Officer and Chief Financial Officer

May 15, 2015

 14

EX-31.1

EXHIBIT 31.1

CERTIFICATION PURSUANT TO SECTION 302

I, Laurence Wainer, certify that:

1. I have reviewed this Form 10-Q of Blow & Drive Interlock Corporation.

2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

3. Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;

4. The registrant’s other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have:

a) Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

b) Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

c) Evaluated the effectiveness of the registrant’s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluations; and

d) Disclosed in this report any change in the registrant’s internal control over financial reporting that occurred during the registrant’s most recent fiscal quarter (the registrant’s fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting; and

5. The registrant’s other certifying officer(s) and I have disclosed, based on our most recent evaluation, to the registrant’s auditors and the audit committee of registrant’s board of directors (or persons performing the equivalent functions):

a) All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant’s ability to record, process, summarize and report financial information; and

b) Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant’s internal control over financial reporting.

By:	/s/ Laurence Wainer
	Chief Executive Officer and Chief Financial Officer

May 15, 2015

EX-32.1

EXHIBIT 32.1

CERTIFICATION PURSUANT TO SECTION 906

Pursuant to 18 U.S.C. Section 1350 as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, I, the undersigned officer of Blow & Drive Corporation (the “Company”), hereby certify to my knowledge that:

The Report on Form 10-Q for the period ended March 31, 2015 of the Company fully complies, in all material respects, with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934, and the information contained in the Report fairly represents, in all material respects, the financial condition and results of operations of the Company.

A signed original of this written statement required by Section 906 has been provided to the Company and will be retained by the Company and furnished to the Securities and Exchange Commission or its staff upon request.

By:	/s/ Laurence Wainer
	Chief Executive Officer and Chief Financial Officer

Date: May 15, 2015

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Note 3 - Recent Accounting Pronouncements

3 Months Ended

Mar. 31, 2015

Notes to Financial Statements

New Accounting Pronouncements and Changes in Accounting Principles [Text Block]

Note 3: Recent Accounting Pronouncements

In June 2014, the Financial Accounting Standards Board ("FASB") issued Accounting Standards Update ("ASU") 2014-10, "Development Stage Entities (Topic 915)” which is in effect for reporting periods beginning after December 15, 2014, however early adoption is permitted and the Company has adopted this update for the year ended December 31, 2014. The amendments in this Update remove the definition of a development stage entity from the Master Glossary of the Accounting Standards Codification, thereby removing the financial reporting distinction between development stage entities and other reporting entities from U.S. GAAP. In addition, the amendments eliminate the requirements for development stage entities to (1) present inception-to-date information in the statements of income, cash flows, and shareholder equity, (2) label the financial statements as those of a development stage entity, (3) disclose a description of the development stage activities in which the entity is engaged, and (4) disclose in the first year in which the entity is no longer a development stage entity that in prior years it had been in the development stage. 

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Note 2 - Going Concern

3 Months Ended

Mar. 31, 2015

Notes to Financial Statements

Going Concern Note Disclosure [TextBlock]

Note 2: Going Concern

The Company has sustained a cumulative net loss and accumulated deficit of $337,674, since inception of the Company on July 2, 2013. The Company's continuation as a going concern is dependent on its ability to generate sufficient cash flows from operations to meet its obligations. During, 2014, the Company raised approximately $235,000 from its largest shareholder (see note 4), an additional $230,000 from stock sales in December 2014 and $31,000 in the first quarter of 2015. Management believes that after these cash infusions, the Company has adequate working capital to operate through December 31, 2015 based on these infusions.

Management’s plans also include selling its equity securities and obtaining debt financing to fund its capital requirement and on-going operations; however, there can be no assurance the Company will be successful in these efforts.  

There is no assurance that the Company will ever be profitable. The financial statements do not include any adjustments to reflect the possible future effects on the recoverability and classification of assets or the amounts and classifications of liabilities that may result should the Company be unable to continue as a going concern.

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Balance Sheets (Current Period Unaudited) (USD $)	Mar. 31, 2015	Dec. 31, 2014
Current Assets
Cash	$ 173,786	$ 272,692
Total current assets	173,786	272,692
Other assets
Deposit	6,225
Property and equipment	4,678	2,400
Total assets	184,689	275,092
Current liabilities
Accrued interest - related party	2,840	9,412
Accrued expenses	17,250	24,400
Accrued payroll liabilities	4,324
Taxes payable	2,000	2,000
Note payable - related party	56,549	48,994
Total current liabilities	82,963	84,806
Note payable - related party, net of current portion	101,244	108,799
Total liabilities	184,207	193,605
Stockholders’ equity
Common stock, $0.0001 par value, 100,000,000 shares authorized; 14,896,000 and 14,852,500 shares issued and outstanding as of March 31, 2015 and December 31, 2014, respectively	1,490	1,485
Additional paid-in capital	336,666	305,671
Deficit accumulated during the development stage	(337,674)	(225,669)
Total stockholders’ equity	482	81,487
Total Libilities and Stockholders' Equity	$ 184,689	$ 275,092

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Statements of Cash Flows (USD $)	3 Months Ended
	Mar. 31, 2015	Mar. 31, 2014
Cash Flows From Operating Activities
Net loss	$ (112,005)	$ (59,236)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities
Common stock issued for services		970
Depreciation	120
Changes in:
Prepaid expenses		(7,500)
Deposits	(6,225)	(48,000)
Accrued interest - related party	(6,572)
Accrued liabilities	(7,150)
Accrued payroll liabilities	4,324
Net cash used in operating activities	(127,508)	(113,766)
Cash Flows From Investing Activities
Purchase of fixed assets	(2,398)
Net cash (used) in investing activities	(2,398)
Cash Flows From Financing Activities
Proceeds from issuance of common stock	31,000
Repurchase of common shares		1,970
Proceeds from note payable - related party		160,000
Repayments of notes payable - related party		(2,207)
Net cash provided by financing activities	31,000	155,823
Net increase in cash	(98,906)	42,057
Cash at beginning of period	272,692	2,000
Cash at end of period	173,786	44,057
Cash paid for:
Interest	9,412
Non-cash transactions:
Common stock issued for subscription receivable		457
Common stock issued for services		$ 970

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Note 7 - Notes Payable (Details Textual) (Laurence Wainer [Member], USD $)	0 Months Ended
	Feb. 16, 2014
Laurence Wainer [Member]
Debt Instrument, Face Amount	$ 160,000
Debt Instrument, Interest Rate, Stated Percentage	7.75%
Debt Instrument, Periodic Payment, Interest, Number of Monthly Installments	60
Debt Instrument, Periodic Payment, Interest	$ 3,205

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Note 9 - Subsequent Events (Details Textual) (USD $)	3 Months Ended	1 Months Ended
	Mar. 31, 2015	Apr. 30, 2015
Stock Issued During Period, Shares, New Issues	43,500
Proceeds from Issuance of Common Stock	$ 31,000
Subsequent Event [Member]
Stock Issued During Period, Shares, New Issues		108,000
Proceeds from Issuance of Common Stock		$ 54,000

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Note 1 - Nature of Operations and Summary of Significant Policies

3 Months Ended

Mar. 31, 2015

Notes to Financial Statements

Business Description and Accounting Policies [Text Block]

Note 1: Nature of Operations and Summary of Significant Policies

The accompanying unaudited interim condensed financial statements have been prepared in accordance with accounting principles generally accepted in the United States for interim financial information and the instructions to Form 10-Q and Article 10 of Regulation S-X. In the opinion of management, all adjustments (consisting only of normal recurring accruals) considered necessary for a fair presentation have been included. Operating results for the three-month and six-month periods ended March 31, 2015 are not necessarily indicative of the results that may be expected for the full fiscal year. For further information, refer to the financial statements and notes thereto included in the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2014.

Nature of Operations

Blow & Drive Interlock (“the Company”) was incorporated on July 2, 2013 under the laws of the State of Delaware to engage in any lawful corporate undertaking, including, but not limited to, selected mergers and acquisitions. The Company is a development-stage SEC reporting company that intends to market and lease alcohol ignition interlock devices to DUI/DWI offenders as part of their mandatory court or motor vehicle department programs.

On February 6, 2014, James Cassidy and James McKillop, both directors of the Company and the then president and vice president, respectively, resigned such directorships and all offices of the Company. Messrs. Cassidy and McKillop each beneficially retain 150,000 shares of the Company’s common stock.

On February 6, 2014, Laurence Wainer was named as the sole director of the Company and serves as its President and sole officer.

On January 25, 2014, the Company entered into an agreement with Tiber Creek Corporation to effect transactions intended to combine the Company with a United States reporting company. As consideration, the Company paid Tiber Creek Corporation $40,000 upon execution of the agreement. An additional $10,000 was due thirty days thereafter, and $5,000 per month is due thereafter until paid in full, for a total of $85,000. As of March 31, 2015, a total of $85,000 had been paid to Tiber Creek. Management estimated the agreement had been satisfied by Tiber Creek as of March 31, 2015, and has therefore recorded $85,000 in professional fees for the year ending December 31, 2014.

Basis of Presentation

The summary of significant accounting policies presented below is designed to assist in understanding the Company’s financial statements. Such financial statements and accompanying notes are the representations of the Company’s management, who are responsible for their integrity and objectivity. These accounting policies conform to accounting principles generally accepted in the United States of America (“GAAP”) in all material respects, and have been consistently applied in preparing the accompanying financial statements.

Use of Estimates

The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements, and the reported amounts of revenues and expenses during the reporting periods. Actual results could differ from those estimates.

7

Concentration of Risk

Financial instruments that potentially subject the Company to concentrations of credit risk consist principally of cash. The Company places its cash with high quality banking institutions. From time to time, the Company maintains cash balances at certain institutions in excess of the Federal Deposit Insurance Corporation limit

Income Taxes

Under ASC 740, “Income Taxes”, deferred tax assets and liabilities are recognized for the future tax consequences attributable to temporary differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. Valuation allowances are established when it is more likely than not that some or all of the deferred tax assets will not be realized.

Loss per Common Share

The Company has adopted ASC 260 “Earnings Per Share”. Basic loss per common shares excludes dilution and is computed by dividing net loss by the weighted average number of common shares outstanding during the period. Diluted loss per common share reflect the potential dilution that could occur if securities or other contracts to issue common stock were exercised or converted into common stock or resulted in the issuance of common stock that then shared in the loss of the entity. As of March 31, 2015 and March 31, 2014, there are no outstanding dilutive securities.

Fair Value of Financial Instruments

FASB ASC 820 “Fair Value Measurements and Disclosures” establishes a three-tier fair value hierarchy, which priorities the inputs in measuring fair value. The hierarchy priorities the inputs into three levels based on the extent to which inputs used in measuring fair value are observable in the market.

These tiers include:

Level 1: defined as observable inputs such as quoted prices in active markets;

Level 2: defined as inputs other than quoted prices in active markets that is either directly or indirectly observable; and

Level 3: defined as unobservable inputs in which little or no market data exists, therefore requiring an entity to develop its own assumptions.

The carrying amounts of financial assets and liabilities, such as cash and accrued liabilities approximate their fair values because of the short maturity of these instruments.

Revenue

The Company has no revenue as of March 31, 2015.

Share-Based Compensation

The Company follows the provisions of ASC 718, Share-Based Payment, which requires all share-based payments to employees and non-employees to be recognized in the income statement based on their fair values. The Company uses the Black-Scholes pricing model for determining the fair value of share-based compensation. As of March 31, 2015 the Company has not issued any options or warrants.

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Balance Sheets (Current Period Unaudited) (Parentheticals) (USD $)	Mar. 31, 2015	Dec. 31, 2014
Preferred stock, par value (in dollars per share)	$ 0.0001	$ 0.0001
Preferred stock, share authorized (in shares)	20,000,000	20,000,000
Preferred stock, shares outstanding (in shares)	0	0
Common stock, par value (in dollars per share)	$ 0.0001	$ 0.0001
Common stock, shares authorized (in shares)	100,000,000	100,000,000
Common stock, shares issued (in shares)	14,896,000	14,852,500
Common stock, shares outstanding (in shares)	14,896,000	14,852,500

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Note 1 - Nature of Operations and Summary of Significant Policies (Details Textual) (USD $)	3 Months Ended		0 Months Ended	11 Months Ended	15 Months Ended
	Mar. 31, 2015	Mar. 31, 2014	Jan. 25, 2014	Dec. 31, 2014	Mar. 31, 2015	Feb. 06, 2014
Common Stock, Shares, Outstanding	14,896,000			14,852,500	14,896,000
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	0	0
Revenues	$ 0
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross	0
Professional Fees	24,862
James McKillop [Member]
Common Stock, Shares, Outstanding						150,000
James Cassidy [Member]
Common Stock, Shares, Outstanding						150,000
Warrant [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period	0
Tiber Creek Corporation [Member] | Due Thirty Days After Closing of Acquisition [Member]
Business Combination, Consideration Transferred			10,000
Tiber Creek Corporation [Member] | Due per Month After First Thirty Days [Member]
Business Combination, Consideration Transferred			5,000
Tiber Creek Corporation [Member]
Payments to Acquire Businesses, Gross			40,000		85,000
Business Combination, Consideration Transferred			85,000
Professional Fees				$ 85,000

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Document And Entity Information	3 Months Ended
	Mar. 31, 2015	May 14, 2015
Entity Registrant Name	Blow & Drive Interlock Corp
Entity Central Index Key	0001586495
Current Fiscal Year End Date	--12-31
Entity Filer Category	Smaller Reporting Company
Entity Current Reporting Status	Yes
Entity Voluntary Filers	No
Entity Well-known Seasoned Issuer	No
Entity Common Stock, Shares Outstanding (in shares)		14,896,000
Document Type	10-Q
Document Period End Date	Mar. 31, 2015
Document Fiscal Year Focus	2015
Document Fiscal Period Focus	Q1
Amendment Flag	false

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Note 2 - Going Concern (Details Textual) (USD $)	3 Months Ended	12 Months Ended
	Mar. 31, 2015	Dec. 31, 2014
Development Stage Enterprise, Deficit Accumulated During Development Stage	$ 337,674	$ 225,669
Proceeds from Contributed Capital		235,000
Proceeds from Issuance or Sale of Equity	$ 31,000	$ 230,000

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Statements of Operations (Unaudited) (USD $)	3 Months Ended
	Mar. 31, 2015	Mar. 31, 2014
Operating expenses
Payroll	$ 52,176
Professional fees	24,862
General and administrative	19,424	49,445
Research development	12,500	8,793
Total operating expenses	108,962	58,238
Loss from operations	(108,962)	(58,238)
Other income (expense)
Interest expense	3,043	998
Income (loss) before income taxes	(112,005)	(59,236)
Net (loss)	$ (112,005)	$ (59,236)
Loss per common share-basic and diluted (in dollars per share)	$ 0	$ 0
Weighted average number of common shares outstanding-basic and diluted (in shares)	14,887,089	13,976,333

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Note 6 - Deposits

3 Months Ended

Mar. 31, 2015

Notes to Financial Statements

Deposits Disclosure [Text Block]

Note 6: Deposits

On January 21, 2015, we and Mr. Wainer entered into a two-year lease with Marsel Plaza LLC for a storefront location at 1080 South La Cienega Boulevard, Suite 304, Los Angeles, California 90035. Our base rent under the lease is $1,450 per month. The lease began on February 1, 2015 and this balance reflects the building deposit and the last month of the leases contract.

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Note 5 - Warrant and Option Issuances

3 Months Ended

Mar. 31, 2015

Notes to Financial Statements

Warrants and Options Disclosure [TextBlock]

Note 5: Warrant and Option Issuances

There was no warrant or option issuances during the three months ended March 31, 2015, nor are there any options or warrants outstanding at March 31, 2015.

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Note 8 - Commitments and Contingencies (Details Textual) (USD $)	Mar. 31, 2015
Loss Contingency Accrual	$ 0
Operating Leases, Rent Expense, per Month	$ 1,450

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Note 4 - Stock Issuance (Details Textual) (USD $)	3 Months Ended
	Mar. 31, 2015
Stock Issued During Period, Shares, New Issues	43,500
Common Stock, No Par Value	$ 0.0001
Proceeds from Issuance of Common Stock	$ 31,000

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Note 9 - Subsequent Events

3 Months Ended

Mar. 31, 2015

Notes to Financial Statements

Subsequent Events [Text Block]

Note 9

: Subsequent Events

During the month of April the Company issued 108,000 shares for $54,000 cash.

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Note 7 - Notes Payable

3 Months Ended

Mar. 31, 2015

Notes to Financial Statements

Debt Disclosure [Text Block]

Note 7

: Notes Payable

On February 16, 2014, the Company entered into a note payable agreement with Laurence Wainer, the director, President and sole officer of the Company. The note has a principal balance of $160,000 and bears interest at 7.75% per annum. Principal and interest payments are due in 60 equal monthly installments beginning in March 2014 of $3,205. The Company and Laurence Weiner entered into an additional agreement effective April 2014 suspending loan repayments until January 2015. As of January 2015, the payments have resumed through the period ending March 31, 2015. 

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Note 8 - Commitments and Contingencies

3 Months Ended

Mar. 31, 2015

Notes to Financial Statements

Commitments and Contingencies Disclosure [Text Block]

Note 8

: Commitments and Contingencies

Liabilities for loss contingencies arising from claims, assessments, litigation, fines, and penalties and other sources are recorded when it is probable that a liability has been incurred and the amount can be reasonably estimated. Legal costs incurred in connection with loss contingencies are expensed as incurred. As of March 31, 2015, the Company has no contingent liability that is required to be recorded.

On January 21, 2015, we and Mr. Wainer entered into a two-year lease with Marsel Plaza LLC for a storefront location at 1080 South La Cienega Boulevard, Suite 304, Los Angeles, California 90035. Our base rent under the lease is $1,450 per month. The lease began on February 1, 2015.

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Significant Accounting Policies (Policies)

3 Months Ended

Mar. 31, 2015

Accounting Policies [Abstract]

Basis of Accounting, Policy [Policy Text Block]

Basis of Presentation

The summary of significant accounting policies presented below is designed to assist in understanding the Company’s financial statements. Such financial statements and accompanying notes are the representations of the Company’s management, who are responsible for their integrity and objectivity. These accounting policies conform to accounting principles generally accepted in the United States of America (“GAAP”) in all material respects, and have been consistently applied in preparing the accompanying financial statements.

Use of Estimates, Policy [Policy Text Block]

Use of Estimates

The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements, and the reported amounts of revenues and expenses during the reporting periods. Actual results could differ from those estimates.

Concentration Risk, Credit Risk, Policy [Policy Text Block]

Concentration of Risk

Financial instruments that potentially subject the Company to concentrations of credit risk consist principally of cash. The Company places its cash with high quality banking institutions. From time to time, the Company maintains cash balances at certain institutions in excess of the Federal Deposit Insurance Corporation limit

Income Tax, Policy [Policy Text Block]

Income Taxes

Under ASC 740, “Income Taxes”, deferred tax assets and liabilities are recognized for the future tax consequences attributable to temporary differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. Valuation allowances are established when it is more likely than not that some or all of the deferred tax assets will not be realized.

Earnings Per Share, Policy [Policy Text Block]

Loss per Common Share

The Company has adopted ASC 260 “Earnings Per Share”. Basic loss per common shares excludes dilution and is computed by dividing net loss by the weighted average number of common shares outstanding during the period. Diluted loss per common share reflect the potential dilution that could occur if securities or other contracts to issue common stock were exercised or converted into common stock or resulted in the issuance of common stock that then shared in the loss of the entity. As of March 31, 2015 and March 31, 2014, there are no outstanding dilutive securities.

Fair Value of Financial Instruments, Policy [Policy Text Block]

Fair Value of Financial Instruments

FASB ASC 820 “Fair Value Measurements and Disclosures” establishes a three-tier fair value hierarchy, which priorities the inputs in measuring fair value. The hierarchy priorities the inputs into three levels based on the extent to which inputs used in measuring fair value are observable in the market.

These tiers include:

Level 1: defined as observable inputs such as quoted prices in active markets;

Level 2: defined as inputs other than quoted prices in active markets that is either directly or indirectly observable; and

Level 3: defined as unobservable inputs in which little or no market data exists, therefore requiring an entity to develop its own assumptions.

The carrying amounts of financial assets and liabilities, such as cash and accrued liabilities approximate their fair values because of the short maturity of these instruments.

Revenue Recognition, Policy [Policy Text Block]

Revenue

The Company has no revenue as of March 31, 2015.

Share-based Compensation, Option and Incentive Plans Policy [Policy Text Block]

Share-Based Compensation

The Company follows the provisions of ASC 718, Share-Based Payment, which requires all share-based payments to employees and non-employees to be recognized in the income statement based on their fair values. The Company uses the Black-Scholes pricing model for determining the fair value of share-based compensation. As of March 31, 2015 the Company has not issued any options or warrants.

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Note 6 - Deposits (Details Textual) (USD $)	Mar. 31, 2015
Operating Leases, Rent Expense, per Month	$ 1,450

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Statement of Changes in Stockholders' Equity (USD $)	3 Months Ended	12 Months Ended
	Mar. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Balance at December 31, 2013	$ 482	$ 81,487	$ 800
Issuance of common stock for services		970
Issuance of common shares for subsription receivable		230,456
Repurchase of common shares		(1,970)
Additional paid-in capital		75,000
Net loss	(112,005)	(223,769)
Issuance of common stock for cash	31,000
Common Stock [Member]
Balance at December 31, 2013 (in shares)	14,896,000	14,852,500	20,000,000
Balance at December 31, 2013	1,490	1,485	2,000
Issuance of common stock for services (in shares)		9,700,000
Issuance of common stock for services		970
Issuance of common shares for subsription receivable		4,852,500
Issuance of common shares for subsription receivable		485
Repurchase of common stock (in shares)		(19,700,000)
Repurchase of common shares		(1,970)
Issuance of common stock for cash (in shares)	43,500
Issuance of common stock for cash	5
Additional Paid-in Capital [Member]
Balance at December 31, 2013	336,666	305,671	700
Issuance of common shares for subsription receivable		229,971
Additional paid-in capital		75,000
Issuance of common stock for cash	30,995
Accumulated Deficit during Development Stage [Member]
Balance at December 31, 2013	(337,674)	(225,669)	(1,900)
Net loss	$ (112,005)	$ (223,769)

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Note 4 - Stock Issuance

3 Months Ended

Mar. 31, 2015

Notes to Financial Statements

Stockholders' Equity Note Disclosure [Text Block]

Note 4: Stock Issuance

During the three months ended March 31, 2015 the Company issued 43,500 shares at par value of $0.0001 for a total of $31,000 in exchange cash.

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Note 5 - Warrant and Option Issuances (Details Textual)	3 Months Ended
	Mar. 31, 2015
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross	0
Warrant [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period	0