Large accelerated filer [ ]
|
Accelerated filer [ ]
|
Non-accelerated filer [ ]
|
Smaller reporting company [X]
|
As of
|
As of
|
|||||||
June 30,
|
December 31,
|
|||||||
2017
|
2016
|
|||||||
(Unaudited)
|
||||||||
ASSETS | ||||||||
Current Assets
|
||||||||
Cash
|
$
|
-
|
$
|
382
|
||||
Total Current Assets
|
-
|
382
|
||||||
Other Assets
|
||||||||
Intangible Assets, net
|
-
|
-
|
||||||
Total Other Assets
|
-
|
-
|
||||||
TOTAL ASSETS
|
$
|
-
|
$
|
382
|
||||
LIABILITIES & STOCKHOLDERS' DEFICIT
|
||||||||
Current Liabilities
|
||||||||
Accounts payable
|
$
|
1,640
|
$
|
5,636
|
||||
Promissory notes payable--long tem notes due in one year
|
- |
13,000
|
||||||
Accrued interest
|
- |
1,093
|
||||||
Total Current Liabilities
|
1,640
|
19,729
|
||||||
Long-Term Liabilities
|
||||||||
Accrued interest
|
- |
2,122
|
||||||
Promissory note payable
|
- |
36,500
|
||||||
Total Long-Term Liabilities
|
-
|
38,622
|
||||||
Total Liabilities
|
1,640
|
58,351
|
||||||
Stockholders' Deficit
|
||||||||
Preferred Stock ($0.0001 par value, 20,000,000 shares authorized;
|
||||||||
zero shares issued and outstanding as of June 30, 2017 and December 31, 2016
|
-
|
-
|
||||||
Common stock, ($0.0001 par value, 105,000,000 shares authorized;
|
||||||||
40,175,000 and 36,550,000 shares issued and outstanding as of June 30, 2017 and December 31, 2016
|
4,018
|
3,655
|
||||||
Additional paid-in capital
|
80,703
|
850
|
||||||
Deficit accumulated
|
(86,360
|
)
|
(62,474
|
)
|
||||
Total Stockholders' Deficit
|
(1,639
|
)
|
(57,969
|
)
|
||||
TOTAL LIABILITIES & STOCKHOLDERS' DEFICIT
|
$
|
-
|
$
|
382
|
Three Months
|
Three Months
|
Six Months
|
Six Months
|
|||||||||||||
Ended
|
Ended
|
Ended
|
Ended
|
|||||||||||||
June 30,
|
June 30,
|
June 30,
|
June 30,
|
|||||||||||||
2017
|
2016
|
2017
|
2016
|
|||||||||||||
Revenues
|
||||||||||||||||
Revenues
|
$
|
12,000
|
$
|
-
|
$
|
12,000
|
$
|
-
|
||||||||
Total Revenues
|
12,000
|
-
|
12,000
|
-
|
||||||||||||
General & Administrative Expenses
|
||||||||||||||||
Administrative expenses
|
10,954
|
2,520
|
14,186
|
4,086
|
||||||||||||
Stock compensation for consulting services
|
14,500
|
14,500
|
||||||||||||||
Professional fees
|
2,700
|
2,000
|
7,200
|
6,000
|
||||||||||||
Total General & Administrative Expenses
|
28,154
|
4,520
|
35,886
|
10,086
|
||||||||||||
Loss from Operation
|
(16,154
|
)
|
(4,520
|
)
|
(23,886
|
)
|
(10,086
|
)
|
||||||||
Other Expense
|
||||||||||||||||
Impairment loss
|
- |
-
|
- |
-
|
||||||||||||
Interest expense
|
415
|
754
|
||||||||||||||
Total Other Expenses
|
-
|
415
|
-
|
754
|
||||||||||||
Other Income
|
||||||||||||||||
Donation from Shareholders
|
-
|
- |
-
|
- | ||||||||||||
Gain on Debt Forgiveness
|
-
|
- |
-
|
- | ||||||||||||
Total Other Income
|
-
|
- |
-
|
- | ||||||||||||
Net Income (Loss)
|
$
|
(16,154
|
)
|
$
|
(4,935
|
)
|
$
|
(23,886
|
)
|
$
|
(10,840
|
)
|
||||
Basic earnings per share
|
$
|
(0.00
|
)
|
$
|
(0.00
|
)
|
$
|
(0.00
|
)
|
$
|
(0.00
|
)
|
||||
Weighted average number of common shares outstanding
|
40,135,165
|
36,550,000
|
36,730,249
|
36,550,000
|
Six Months
|
Six Months
|
|||||||
Ended
|
Ended
|
|||||||
June 30,
|
June 30,
|
|||||||
2017
|
2016
|
|||||||
CASH FLOWS FROM OPERATING ACTIVITIES
|
||||||||
Net income (loss)
|
$
|
(23,886
|
)
|
$
|
(10,840
|
)
|
||
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:
|
||||||||
Stock compensation for consulting services
|
14,500
|
- | ||||||
Changes in operating assets and liabilities:
|
||||||||
Increase (Decrease) in accounts payable and accrued liabilities
|
(3,996
|
)
|
(136
|
)
|
||||
Net cash provided by (used in) operating activities
|
(13,382
|
)
|
(10,976
|
)
|
||||
CASH FLOWS FROM INVESTING ACTIVITIES
|
||||||||
Acquisition of Intangible Assets
|
- | - | ||||||
Net cash provided by (used in) investing activities
|
-
|
-
|
||||||
CASH FLOWS FROM FINANCING ACTIVITIES
|
||||||||
Proceed from donation from shreholder
|
10,000
|
10,000
|
||||||
Proceed from notes payable - related party
|
3,000
|
|||||||
Net cash provided by (used in) financing activities
|
13,000
|
10,000
|
||||||
Net increase (decrease) in cash
|
(382
|
)
|
(222
|
)
|
||||
Cash at beginning of period
|
382
|
416
|
||||||
Cash at end of period
|
$ |
-
|
$ |
194
|
||||
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION
|
||||||||
Cash paid during period for:
|
||||||||
Interest
|
$
|
-
|
$
|
-
|
||||
Income Taxes
|
$
|
-
|
$
|
-
|
June 30, 2017
|
December 31, 2016
|
|||||||
Long Term Notes Payable-related part
|
$
|
0
|
$
|
49,500
|
||||
Less: Due in one year
|
0
|
17,000
|
||||||
Balance
|
$
|
0
|
$
|
32,500
|
·
|
Common stock, $ 0.0001 par value: 105,000,000 shares authorized; 40,175,000 shares issued and outstanding.
|
·
|
Preferred stock, $ 0.0001 par value: 20,000,000 shares authorized; no shares issued and outstanding.
|
Name
|
|
Office
|
|
|
|
Timothy R. Fussell, Ph.D.
|
|
President and Chairman of the Board
|
|
|
|
Todd C. Buxton
|
|
Chief Executive Officer and Vice Chairman of the Board
|
|
|
|
Jon S Cummings IV (Note 1)
|
|
Executive Vice President and Director
|
Balance Sheet Data:
|
6/30/2017
|
|||
Cash
|
$
|
0
|
||
Total assets
|
$
|
0
|
||
Total liabilities
|
$
|
1,640
|
||
Shareholders' equity
|
$
|
(1,640
|
)
|
Audit review
|
$
|
1,800
|
||
Accounting
|
450
|
|||
Edgar
|
500
|
|||
Total
|
$
|
2,750
|
Exhibit No.
|
Description
|
|
3.1
|
Articles of Incorporation*
|
|
3.2
|
Bylaws*
|
|
31.1
|
Sec. 302 Certification of Principal Executive Officer
|
|
31.2
|
Sec. 302 Certification of Principal Financial Officer
|
|
32.1
|
Sec. 906 Certification of Principal Executive Officer
|
|
32.2
|
Sec. 906 Certification of Principal Financial Officer
|
|
101
|
Interactive data files pursuant to Rule 405 of Regulation S-T
|
By /s/ Todd C. Buxton
|
August 15, 2017
|
||
TODD C. BUXTON
|
|||
Director, Chief Executive Officer, Acting Chief Financial Officer
|
/s/ Todd C. Buxton
|
Principal Executive Officer
|
August 15, 2017
|
TODD C. BUXTON
|
Title
|
Date
|
/s/ Todd C. Buxton
|
Acting Chief Financial Officer
|
August 15, 2017
|
TODD C. BUXTON
|
Title
|
Date
|
/s/ Timothy R. Fussell, Ph.D.
|
President and Chairman of the Board
|
August 15, 2017
|
TIMOTHY R. FUSSELL Ph.D.
|
Title
|
Date
|
1.
|
I have reviewed this report on Form 10-Q.
|
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 evaluation; 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 of internal control over financial reporting, 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.
|
/s/ Todd C. Buxton
|
|
Todd C. Buxton
|
|
Chief Executive Officer
|
1.
|
I have reviewed this report on Form 10-Q.
|
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 evaluation; 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 of internal control over financial reporting, 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.
|
/s/ Todd C. Buxton
|
|
Todd C. Buxton
|
|
Acting Chief Financial Officer
|
|
(1)
|
The Report fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934; and
|
|
(2)
|
The information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Company.
|
Date: August 15, 2017
|
|
By: /s/ Todd C. Buxton
|
|
|
|
Todd C. Buxton
|
|
|
|
Chief Executive Officer
|
|
(1)
|
The Report fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934; and
|
|
(2)
|
The information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Company.
|
Date: August 15, 2017
|
|
By: /s/ Todd C. Buxton
|
|
|
|
Todd C. Buxton
|
|
|
|
Acting Chief Financial Officer
|
Document and Entity Information - shares |
6 Months Ended | |
---|---|---|
Jun. 30, 2017 |
Aug. 14, 2017 |
|
Document and Entity Information [Abstract] | ||
Entity Registrant Name | Alpha Investment Inc. | |
Entity Central Index Key | 0001616736 | |
Current Fiscal Year End Date | --12-31 | |
Entity Filer Category | Smaller Reporting Company | |
Entity Common Stock, Shares Outstanding | 40,175,000 | |
Document Type | 10-Q | |
Document Period End Date | Jun. 30, 2017 | |
Amendment Flag | false | |
Document Fiscal Year Focus | 2017 | |
Document Fiscal Period Focus | Q2 |
Balance Sheets (Parentheticals) - $ / shares |
Jun. 30, 2017 |
Dec. 31, 2016 |
---|---|---|
Statement of Financial Position [Abstract] | ||
Preferred stock, par value (in dollars per share) | $ 0.0001 | $ 0.0001 |
Preferred stock, shares authorized | 20,000,000 | 20,000,000 |
Preferred stock, shares issued | 0 | 0 |
Preferred stock, shares outstanding | 0 | 0 |
Common stock, par value (in dollars per share) | $ 0.0001 | $ 0.0001 |
Common stock, shares authorized | 105,000,000 | 105,000,000 |
Common stock, shares issued | 40,175,000 | 36,550,000 |
Common stock, shares outstanding | 40,175,000 | 36,550,000 |
Statements of Operations (Unaudited) - USD ($) |
3 Months Ended | 6 Months Ended | ||
---|---|---|---|---|
Jun. 30, 2017 |
Jun. 30, 2016 |
Jun. 30, 2017 |
Jun. 30, 2016 |
|
Revenues | ||||
Revenues | $ 12,000 | $ 12,000 | ||
Total Revenues | 12,000 | 12,000 | ||
General & Administrative Expenses | ||||
Administrative expenses | 10,954 | $ 2,520 | 14,186 | $ 4,086 |
Stock compensation for consulting services | 14,500 | 14,500 | ||
Professional fees | 2,700 | 2,000 | 7,200 | 6,000 |
Total General & Administrative Expenses | 28,154 | 4,520 | 35,886 | 10,086 |
Loss from Operation | (16,154) | (4,520) | (23,886) | (10,086) |
Other Expense | ||||
Impairment loss | ||||
Interest expense | 415 | 754 | ||
Total Other Expenses | 415 | 754 | ||
Other Income | ||||
Donation from Shareholders | ||||
Gain on Debt Forgiveness | ||||
Total Other Income | ||||
Net Income (Loss) | $ (16,154) | $ (4,935) | $ (23,886) | $ (10,840) |
Basic earnings per share (in dollars per share) | $ (0.00) | $ (0.00) | $ (0.00) | $ (0.00) |
Weighted average number of common shares outstanding (in shares) | 40,135,165 | 36,550,000 | 36,730,249 | 36,550,000 |
Statements of Cash Flows ((Unaudited) - USD ($) |
6 Months Ended | |
---|---|---|
Jun. 30, 2017 |
Jun. 30, 2016 |
|
CASH FLOWS FROM OPERATING ACTIVITIES | ||
Net income (loss) | $ (23,886) | $ (10,840) |
Adjustments to reconcile net loss to net cash provided by (used in) operating activities: | ||
Stock compensation for consulting services | 14,500 | |
Changes in operating assets and liabilities: | ||
Increase (Decrease) in accounts payable and accrued liabilities | (3,996) | (136) |
Net cash provided by (used in) operating activities | (13,382) | (10,976) |
CASH FLOWS FROM INVESTING ACTIVITIES | ||
Acquisition of Intangible Assets | ||
Net cash provided by (used in) investing activities | ||
CASH FLOWS FROM FINANCING ACTIVITIES | ||
Proceed from donation from shareholder | 10,000 | 10,000 |
Proceed from notes payable - related party | 3,000 | |
Net cash provided by (used in) financing activities | 13,000 | 10,000 |
Net increase (decrease) in cash | (382) | (222) |
Cash at beginning of period | 382 | 416 |
Cash at end of period | 194 | |
Cash paid during period for: | ||
Interest | ||
Income Taxes |
ORGANIZATION AND DESCRIPTION OF BUSINESS |
6 Months Ended |
---|---|
Jun. 30, 2017 | |
Organization and Description of Business [Abstract] | |
ORGANIZATION AND DESCRIPTION OF BUSINESS | NOTE 1 – ORGANIZATION AND DESCRIPTION OF BUSINESS
Corporate History
Alpha Investment Inc., formerly GoGo Baby, Inc. (the “Company”) was incorporated on February 22, 2013 under the laws of the State of Delaware to develop, create, manufacture and market, toys for small children which would be designed to attach to car seats and amuse and entertain children during a drive, without distracting the attention of the driver. The Company, however, encountered significant constraints in raising sufficient capital to fully implement its business plan.
On March 17, 2017, Omega Commercial Finance Corp. purchased all 35,550,000 outstanding “restricted” shares of the Company’s common stock (the “Control Share Sale”) from Malcolm Hargrave (35,000,000 shares), DTH International Corporation (500,000 shares) and Lisa Foster (50,000 shares) for aggregate consideration of $295,000. The Control Share Sale was consummated in a private transaction pursuant to a common stock purchase agreement entered between Omega and Mr. Hargrave, acting individually and on behalf of the other selling stockholders. Upon completion of the Control Share Sale, a “Change in Control” of the Company took place and in connection therewith, Mr. Hargrave resigned as our sole director and officer and Omega, as the new majority stockholder of the Company, elected Timothy R. Fussell, Ph.D. as President, Chairman of the Board and a director and Todd C. Buxton, Omega’s Chief Executive Officer, as Chief Executive Officer, Vice Chairman of the Board and a director.
In addition to the foregoing, new management elected to focus the shift in the Company’s business focus to real estate and other commercial lending, which they believed offered better opportunities for shareholder growth. In connection therewith, on March 30, 2017, we filed a Certificate of Amendment to our Certificate of Incorporation with the Delaware Secretary of State changing our name from “Gogo Baby, Inc.” to “Alpha Investment Inc.” to better reflect our new business plan. The name change and a corresponding change in the Company’s OTC markets trading symbol from GGBY to ALPC received approval from FINRA and became effective as of April 19, 2017.
The Company’s activities to date have been limited to activities organizational matters, as well as planning implementation of its proposed business. The Company’s fiscal year end is December 31.
Basis of Presentation – Unaudited Financial Statements
The accompanying unaudited financial statements have been prepared in accordance with generally accepted accounting principles for financial information and with the instructions to Form 10-Q. They do not include all information and footnotes required by United States generally accepted accounting principles for complete financial statements. However, except as disclosed herein, there has been no material changes in the information disclosed in the notes to the financial statements for the fiscal year ended December 31, 2016 included in the Company’s Form 10-K filed with the Securities and Exchange Commission on March 16, 2017. The unaudited financial statements should be read in conjunction with those financial statements included in the Form 10-K. In the opinion of Management, all adjustments considered necessary for a fair presentation, consisting solely of normal recurring adjustments, have been made. Operating results for the three and six months ended June 30, 2017 are not necessarily indicative of the results that may be expected for the year ending December 31, 2017.
|
GOING CONCERN |
6 Months Ended |
---|---|
Jun. 30, 2017 | |
Going Concern [Abstract] | |
GOING CONCERN | NOTE 2 – GOING CONCERN
Future issuances of the Company’s equity or debt securities will be required in order for the Company to continue to finance its operations and continue as a going concern. The Company’s present revenues are insufficient to meet operating expenses. The financial statement of the Company have been prepared assuming that the Company will continue as a going concern, which contemplates, among other things, the realization of assets and the satisfaction of liabilities in the normal course of business. The Company has incurred cumulative net losses of $86,360 since its inception and requires capital for its contemplated operational and marketing activities to take place. The Company's ability to raise additional capital through the future issuances of common stock is unknown. Securing additional financing, the successful development of the Company's contemplated plan of operations, and its transition, ultimately, to the attainment of profitable operations are necessary for the Company to continue operations. The ability to successfully resolve these factors raise substantial doubt about the Company's ability to continue as a going concern. The financial statements of the Company do not include any adjustments that may result from the outcome of these aforementioned uncertainties.
|
RELATED PARTY TRANSACTION |
6 Months Ended | |||||||||||||||||||||||||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Jun. 30, 2017 | ||||||||||||||||||||||||||||||||||||||||||||||
Related Party Transactions [Abstract] | ||||||||||||||||||||||||||||||||||||||||||||||
RELATED PARTY TRANSACTION | NOTE 3 – RELATED PARTY TRANSACTION
1. Related Party Loan
Since inception the Company received cash totaling $52,500 from Malcolm Hargrave, the previous director, in the form of a promissory note. The loan is at interest 4%. On March 17, 2017 Malcolm Hargrave signed an agreement to forgive all debt, including unpaid interest, amounting $ 55,715, due to him from the Company and as of June 30, 2017, the amount due to Malcolm Hargrave was $0.
2. Consulting revenue
On May 1, 2017 the company billed Omega Commercial Finance Corp., the 88.48% shareholder, $12,000 for consulting services in capital markets activities rendered, such as defining appropriate capital raising mechanisms and types of Offerings to utilize what best benefits the Company’s verticals overall, strategies to implement within the capital markets for growth and increased shareholder value, effective means to create relationships within the CRE sector for target mergers and acquisitions, loan financing requests, distressed commercial real estate portfolios.
|
STOCKHOLDERS' EQUITY |
6 Months Ended | ||||
---|---|---|---|---|---|
Jun. 30, 2017 | |||||
Stockholders' Equity Note [Abstract] | |||||
STOCKHOLDERS' EQUITY | NOTE 4 – STOCKHOLDERS’ EQUITY
The stockholders’ equity section of the Company contains the following classes of capital stock as of June 30, 2017:
On March 17, 2017, Malcolm Hargrave signed an agreement to forgive all debt, including unpaid interest, amounting $ 55,715, due to him from the Company. This was classified as additional paid -in capital.
On March 29, 2017, Omega, the principal stockholder of the Company, made an additional capital contribution to the Company of $10,000. This was classified as additional paid-in capital.
On June 21, 2017 the company filed an S-8 with the SEC to register an additional 5,000,000 shares of common stock with a par value of $0.0001.
On June 22, 2017 3,625,000 shares of common stock were issued at a value of $0.004 per share to various individuals in exchange for consulting services.
|
RELATED PARTY TRANSACTION (Tables) |
6 Months Ended | |||||||||||||||||||||||||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Jun. 30, 2017 | ||||||||||||||||||||||||||||||||||||||||||||||
Related Party Transactions [Abstract] | ||||||||||||||||||||||||||||||||||||||||||||||
Schedule related party loan |
|
ORGANIZATION AND DESCRIPTION OF BUSINESS (Detail Textuals) - Omega Commercial Finance Corp |
1 Months Ended |
---|---|
Mar. 17, 2017
USD ($)
shares
| |
Organization And Description Of Business [Line Items] | |
Number of control shares acquired | 35,550,000 |
Aggregate consideration paid | $ | $ 295,000 |
Malcolm Hargrave | |
Organization And Description Of Business [Line Items] | |
Number of control shares acquired | 35,000,000 |
DTH International Corporation | |
Organization And Description Of Business [Line Items] | |
Number of control shares acquired | 500,000 |
Lisa Foster | |
Organization And Description Of Business [Line Items] | |
Number of control shares acquired | 50,000 |
GOING CONCERN (Detail Textuals) - USD ($) |
Jun. 30, 2017 |
Dec. 31, 2016 |
---|---|---|
Going Concern [Abstract] | ||
Cumulative net losses | $ (86,360) | $ (62,474) |
RELATED PARTY TRANSACTION (Details) - USD ($) |
Jun. 30, 2017 |
Dec. 31, 2016 |
---|---|---|
Debt Disclosure [Abstract] | ||
Long Term Notes Payable-related part | $ 0 | $ 49,500 |
Less: Due in one year | 0 | 17,000 |
Balance | $ 0 | $ 32,500 |
RELATED PARTY TRANSACTION (Detail Textuals) - USD ($) |
3 Months Ended | 6 Months Ended | 52 Months Ended | ||||
---|---|---|---|---|---|---|---|
May 01, 2017 |
Mar. 29, 2017 |
Jun. 30, 2017 |
Jun. 30, 2017 |
Jun. 30, 2016 |
Jun. 30, 2017 |
Mar. 17, 2017 |
|
Debt Instrument [Line Items] | |||||||
Amount of cash received | $ 10,000 | $ 10,000 | $ 10,000 | ||||
Unpaid interest | $ 55,715 | ||||||
Consulting revenue | $ 12,000 | $ 12,000 | |||||
Malcolm Hargrave | |||||||
Debt Instrument [Line Items] | |||||||
Amount of cash received | $ 52,500 | ||||||
Interest rate | 4.00% | 4.00% | 4.00% | ||||
Unpaid interest | $ 55,715 | ||||||
Amount due to related party | $ 0 | $ 0 | $ 0 | ||||
Omega Commercial Finance Corp | |||||||
Debt Instrument [Line Items] | |||||||
Ownership percentage | 88.48% | ||||||
Consulting revenue | $ 12,000 |
STOCKHOLDERS' EQUITY (Detail Textuals) - USD ($) |
1 Months Ended | 6 Months Ended | |||||
---|---|---|---|---|---|---|---|
Mar. 29, 2017 |
Jun. 22, 2017 |
Jun. 21, 2017 |
Jun. 30, 2017 |
Jun. 30, 2016 |
Mar. 17, 2017 |
Dec. 31, 2016 |
|
Stockholders' Equity Note [Abstract] | |||||||
Common stock, par value (in dollars per share) | $ 0.0001 | $ 0.0001 | |||||
Common stock, shares authorized | 105,000,000 | 105,000,000 | |||||
Common stock, shares issued | 40,175,000 | 36,550,000 | |||||
Common stock, shares outstanding | 40,175,000 | 36,550,000 | |||||
Preferred stock, par value (in dollars per share) | $ 0.0001 | $ 0.0001 | |||||
Preferred stock, shares authorized | 20,000,000 | 20,000,000 | |||||
Preferred stock, shares issued | 0 | 0 | |||||
Preferred stock, shares outstanding | 0 | 0 | |||||
Unpaid interest | $ 55,715 | ||||||
Additional capital contribution from shareholder | $ 10,000 | $ 10,000 | $ 10,000 | ||||
Stock issued during period | 5,000,000 | ||||||
Stock issued for services during period | 3,625,000 | ||||||
Shares issued, price per share | $ 0.004 | $ 0.0001 |
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