Quarterly Report

LOAN PAYABLE- SHAREHOLDER	6 Months Ended
Jun. 30, 2015
Loan Payable- Shareholder
LOAN PAYABLE - SHAREHOLDER	4. LOAN PAYABLE- SHAREHOLDER The loan payable – shareholder is to an officer of the Company, it is non-interest bearing and is due on demand.

GOING CONCERN	6 Months Ended
Jun. 30, 2015
Going Concern
GOING CONCERN	3. GOING CONCERN The Company’s financial statements have been prepared on a going concern basis, which contemplates the realization of assets and settlement of liabilities and commitments in the normal course of business. During the three months ended June 30, 2015, the Company incurred a net loss of $48,494. The Company had an accumulated deficit of $816,827 as of June 30, 2015. These factors, among others, raise substantial doubt about the Company’s ability to continue as a going concern. The Company’s future success is dependent upon its ability to achieve profitable operations, generate cash from operating activities and obtain additional financing. Although we can provide no assurances, we believe our cash on hand, coupled with revenues generated by rental income and our ability to refinance our equity in the real estate we own, will provide sufficient liquidity and capital resources to fund our business for the next twelve months. In the event the Company experiences liquidity and capital resource constraints because of unanticipated operating losses, we may need to raise additional capital in the form of equity and/or debt financing. If such additional capital is not available on terms acceptable to us or at all, then we may need to curtail our operations and/or take additional measures to conserve and manage our liquidity and capital resources, any of which would have a material adverse effect on our financial position, results of operations, and our ability to continue in existence. These financial statements do not include any adjustments that might result from the outcome of this uncertainty.

CONDENSED BALANCE SHEETS - USD ($)	Jun. 30, 2015	Dec. 31, 2014
CURRENT ASSETS
Cash	$ 584	$ 596
Accounts Receivable
TOTAL CURRENT ASSETS	$ 584	$ 596
TOTAL ASSETS	584	596
CURRENT LIABILITIES
Accounts payable and accrued expenses	65,074	10,618
Loan payable - shareholder	$ 21,408	19,551
Loan payable - related party		25,420
Loan payable - Other	$ 4,000	5,411
TOTAL CURRENT LIABILITIES	$ 90,482	$ 61,000
STOCKHOLDERS' DEFICIENCY:
Preferred stock (Note 5), $.001 par value, Authorized - 25,000,000 shares
Common stock, $.001 par value, 50,000,000 shares authorized 7,156,600 and 5,889,533 shares issued and outstanding respectively	$ 7,156	$ 5,889
Additional paid-in capital	719,773	670,657
Accumulated deficit	(816,827)	(736,950)
TOTAL STOCKHOLDERS' DEFICIENCY	(89,898)	(60,404)
TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIENCY	$ 584	$ 596

Significant Accounting Policies Policies

Uses of estimates in the preparation of financial statements

Uses of estimates in the preparation of financial statements

The preparation of financial statements in conformity with generally accepted accounting principles accepted in the United States of America (“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 net revenue and expenses during each reporting period. Actual results could differ from those estimates.

Net loss per share

Net loss per share

Authoritative guidance on Earnings per Share requires dual presentation of basic and diluted earnings or loss per share (“EPS”) for all entities with complex capital structures and requires a reconciliation of the numerator and denominator of the basic EPS computation to the numerator and denominator of the diluted EPS computation. Basic EPS excludes dilution; diluted EPS reflects 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 earnings of the entity.

Basic loss per share is computed by dividing net loss applicable to common shareholders by the weighted average number of common shares outstanding during the period. Diluted loss per share reflects the potential dilution that could occur if dilutive securities and 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 earnings of the Company, unless the effect is to reduce a loss or increase earnings per share.

New Accounting Pronouncements

New Accounting Pronouncements

From time to time new accounting pronouncements are issued by the Financial Accounting Standards Board or other standard setting bodies that may have an impact on the Company’s accounting and reporting. The Company believes that such recently issued accounting pronouncements and other authoritative guidance for which the effective date is in the future will not have an impact on its accounting or reporting or that such impact will not be material to its financial position, results of operations and cash flows when implemented.


þ	QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
	For the quarterly period ended June 30, 2015

¨	TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
	For the transition period from __________ to __________


California	20-0956471
(State or other jurisdiction of	(I.R.S. Employer
incorporation or organization)	Identification No.)


Large accelerated filer	¨	Accelerated filer	¨
Non-accelerated filer	¨	Smaller reporting company	þ


PART I. FINANCIAL INFORMATION

ITEM 1. FINANCIAL STATEMENTS	1

Condensed Balance Sheets	1

Condensed Statements of Operations	2

Condensed Statements of Cash Flows	3

Unaudited Condensed Notes to Financial Statements	4

ITEM 2. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS	7

ITEM 3. QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK	8

ITEM 4. CONTROLS AND PROCEDURES	8

PART II. OTHER INFORMATION

ITEM 1. LEGAL PROCEEDINGS	9

ITEM 1A. RISK FACTORS	9

ITEM 2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS	9

ITEM 3. DEFAULTS UPON SENIOR SECURITIES	9

ITEM 4. MINE SAFETY DISCLOSURES	9

ITEM 5. OTHER INFORMATION	9

ITEM 6. EXHIBITS	9

SIGNATURES	10


	June 30, 2015			December 31, 2014
	(unaudited)
ASSETS

CURRENT ASSETS
Cash	$	584		$	596
Accounts Receivable		—			—
TOTAL CURRENT ASSETS		584			596

TOTAL ASSETS	$	584		$	596

LIABILITIES AND STOCKHOLDERS’ DEFICIENCY

CURRENT LIABILITIES
Accounts payable and accrued expenses	$	65,074		$	10,618
Loan payable - shareholder		21,408			19,551
Loan payable- related party		—			25,420
Loan payable – Other		4000			5,411

TOTAL CURRENT LIABILITIES		90,482			61,000

STOCKHOLDERS’ DEFICIENCY:
Preferred stock (Note 5), $.001 par value, authorized – 25,000,000 shares		—			—
Common stock, $.001 par value, 50,000,000 shares authorized, 7,156,600 and 5,889,533 shares issued and outstanding respectively		7,156			5,889
Additional paid-in capital		719,773			670,657
Accumulated deficit		(816,827	)		(736,950	)
TOTAL STOCKHOLDERS’ DEFICIENCY		(89,898	)		(60,404	)

TOTAL LIABILITIES AND STOCKHOLDERS’ DEFICIENCY	$	584		$	596


	Three Months Ended June 30,						Six Months Ended June 30,
	2015			2014			2015			2014


Revenue	$	—		$	—		$	13,000		$	—

COSTS AND EXPENSES:
Cost of sales		—			—			12,300			—
Selling, general and administrative		48,494			2,598			80,577			10,655
TOTAL COSTS AND EXPENSES		48,494			2,598			92,877			10,655

LOSS BEFORE INCOME TAX		(48,494	)		(2,598	)		(79,877	)		(10,655	)

PROVISION FOR INCOME TAX		—			—			—			800

NET LOSS	$	(48,494	)	$	(2,598	)	$	(79,877	)	$	(11,455	)


BASIC AND DILUTED NET LOSS PER COMMON SHARE	$	(0.01	)	$	(0.00)		$	(0.01	)	$	(0.00	)

WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING		6,494,929			5,889,533			6,827,603			5,889,533


Exhibit
Number		Name

31.1		Certification of Chief Executive Officer and Chief Financial Officer pursuant to Securities Exchange Act of 1934 Rule 13a-14(a) or 15d-14(a).

32.1		Certification pursuant to Securities Exchange Act of 1934 Rule 13a-14(b) or 15d-14(b) and 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes- Oxley Act of 2002.

101		XBRL


	Intelligent Buying, Inc.

Date: August 12, 2015	By:	/s/ Hector Guerrero
		Hector Guerrero
		Chief Executive Officer


Date: August 12, 2015	By:	/s/ Hector Guerrero
		Hector Guerrero
		Chief Financial Officer


	1.	I have reviewed this Form 10-Q for the period ended June 30, 2015 of Intelligent Buying, Inc.;

	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 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.	I have disclosed, based on my most recent evaluation of internal control over financial reporting, to the registrant's auditors and the audit committee of the 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.


Date: August 12, 2015

/s/ Hector Guerrero
Hector Guerrero
Chief Executive Officer, Chief Financial Officer

CONDENSED BALANCE SHEETS (Parenthetical) - $ / shares	Jun. 30, 2015	Dec. 31, 2014
Statement of Financial Position [Abstract]
Preferred stock, par value	$ .001	$ .001
Preferred stock, shares authorized	25,000,000	25,000,000
Common stock, par value	$ .001	$ .001
Common stock, shares authorized	50,000,000	50,000,000
Common stock, shares issued	7,156,600	5,889,533
Common stock, shares outstanding	7,156,600	5,889,533

GOING CONCERN (Details) - USD ($)	3 Months Ended		6 Months Ended
GOING CONCERN (Details) - USD ($)	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014	Dec. 31, 2014
Going Concern
Accumulated deficit	$ 816,827		$ 816,827		$ 736,950
Net loss	$ 48,494	$ 2,598	$ 79,877	$ 11,455


	Six Months Ended June 30,
	2015			2014
OPERATING ACTIVITIES:
Net loss	$	(79,877	)	$	(11,455	)
Adjustments to reconcile net loss to net cash used in operating activities:
Changes in operating assets and liabilities:
Accounts payable and accrued expenses		54,457			(10,425	)
Accounts receivable		—			(1,425	)
NET CASH USED IN OPERATING ACTIVITIES		(25,420	)		(23,305	)

FINANCING ACTIVITIES
Proceeds from officer loan		21,408			24,770
Other Loan Proceeds		4,000			—
NET CASH PROVIDED BY FINANCING ACTIVITIES		25,408			24,770

INCREASE (DECREASE) IN CASH		(12	)		1,465

CASH - BEGINNING OF PERIOD		596			1,669

CASH - END OF PERIOD	$	584		$	3,134

Supplemental cash flow information:
Stock issued for conversion of related party notes payable	$	50,382		$	—

Document and Entity Information - shares	6 Months Ended
Document and Entity Information - shares	Jun. 30, 2015	Aug. 12, 2015
Document And Entity Information
Entity Registrant Name	Intelligent Buying, Inc.
Entity Central Index Key	0001358633
Document Type	10-Q
Document Period End Date	Jun. 30, 2015
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Entity Filer Category	Smaller Reporting Company
Entity Common Stock, Shares Outstanding		7,156,600
Document Fiscal Period Focus	Q2
Document Fiscal Year Focus	2015

LOAN PAYABLE - OTHER (Details) - Jun. 30, 2015 - Loan Payable - Other [Member] - $ / shares	Total
Short-term Debt [Line Items]
Debt instrument, interest rate	5.00%
Debt instrument, maturity date	Apr. 14, 2016
Debt instrument, conversion price per share	$ 0.04

CONDENSED STATEMENTS OF OPERATIONS - USD ($)	3 Months Ended		6 Months Ended
CONDENSED STATEMENTS OF OPERATIONS - USD ($)	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Income Statement [Abstract]
Revenue			$ 13,000
COSTS AND EXPENSES:
Cost of sales			12,300
Selling, general and administrative	$ 48,494	$ 2,598	80,577	$ 10,655
TOTAL COSTS AND EXPENSES	48,494	2,598	92,877	10,655
LOSS BEFORE INCOME TAX	$ (48,494)	$ (2,598)	$ (79,877)	(10,655)
PROVISION FOR INCOME TAX				800
NET LOSS	$ (48,494)	$ (2,598)	$ (79,877)	$ (11,455)
BASIC AND DILUTED NET LOSS PER COMMON SHARE	$ (0.01)	$ 0.00	$ (0.01)	$ 0.00
WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING	6,494,929	5,889,533	6,827,603	5,889,533

STOCKHOLDERS' (DEFICIENCY) (Details) - USD ($)	1 Months Ended	6 Months Ended
STOCKHOLDERS' (DEFICIENCY) (Details) - USD ($)	Feb. 28, 2015	Jun. 30, 2015	Jun. 30, 2014	Dec. 31, 2014
Class of Stock [Line Items]
Preferred stock, shares issued		0
Preferred stock, shares outstanding		0
Common stock, shares issued		7,156,600		5,889,533
Common stock, shares outstanding		7,156,600		5,889,533
Stock issued for conversion of related party notes payable		$ 50,382
Restricted Common Stock [Member]
Class of Stock [Line Items]
Stock shares issued from exchange of notes payable balance	1,267,067
Restricted Common Stock [Member] \| Jonathan Herzog [Member]
Class of Stock [Line Items]
Stock shares issued from exchange of notes payable balance	809,283

SIGNIFICANT ACCOUNTING POLICIES (Policies)	6 Months Ended
SIGNIFICANT ACCOUNTING POLICIES (Policies)	Jun. 30, 2015
Significant Accounting Policies Policies
Basis of Presentation	*Basis of Presentation* The accompanying financial statements have been prepared on substantially the same basis as the audited financial statements included in the Intelligent Buying Inc. Annual Report on Form 10-K for the year ended December 31, 2014. Certain information and footnote disclosures normally included in annual financial statements prepared in accordance with accounting principles generally accepted in the United States have been condensed or omitted pursuant to the Securities and Exchange Commission (SEC) rules and regulations regarding interim financial statements. All amounts included herein related to the condensed financial statements as of June 30, 2015 and the three and six months ended June 30, 2015 and 2014 are unaudited and should be read in conjunction with the audited financial statements and the notes there to included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2014. In the opinion of management, the accompanying financial statements include all necessary adjustments for the fair presentation of the Company’s financial position, results of operations and cash flows. The results of operations for the interim periods presented are not necessarily indicative of the operating results to be expected for any subsequent interim period or for the full fiscal year ending December 31, 2015 or any other period.
Uses of estimates in the preparation of financial statements	*Uses of estimates in the preparation of financial statements* The preparation of financial statements in conformity with generally accepted accounting principles accepted in the United States of America (“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 net revenue and expenses during each reporting period. Actual results could differ from those estimates.
Revenue Recognition	*Revenue Recognition* The Company considers revenue realized or realizable and earned when persuasive evidence of an arrangement exists, the product has been shipped or the services have been provided to the customer, the sales price is fixed or determinable and collectability is reasonably assured.
Net loss per share	*Net loss per share* Authoritative guidance on Earnings per Share requires dual presentation of basic and diluted earnings or loss per share (“EPS”) for all entities with complex capital structures and requires a reconciliation of the numerator and denominator of the basic EPS computation to the numerator and denominator of the diluted EPS computation. Basic EPS excludes dilution; diluted EPS reflects 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 earnings of the entity. Basic loss per share is computed by dividing net loss applicable to common shareholders by the weighted average number of common shares outstanding during the period. Diluted loss per share reflects the potential dilution that could occur if dilutive securities and 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 earnings of the Company, unless the effect is to reduce a loss or increase earnings per share.
Stock-based compensation	*Stock-based compensation* The Company has adopted the FASB standard on Share-Based Payment, which addresses the accounting for share-based payment transactions. The standard eliminates the ability to account for share-based compensation transactions using old standards, and generally requires instead that such transactions be accounted and recognized in the statement of operations based on their fair value. The standard is effective for public companies that file as small business issuers as of the first interim or annual reporting period that begins after December 15, 2005. Depending upon the number of and terms for options that may be granted in future periods, the implementation of this standard could have a significant non-cash impact on results of operations in future periods
New Accounting Pronouncements	New Accounting Pronouncements From time to time new accounting pronouncements are issued by the Financial Accounting Standards Board or other standard setting bodies that may have an impact on the Company’s accounting and reporting. The Company believes that such recently issued accounting pronouncements and other authoritative guidance for which the effective date is in the future will not have an impact on its accounting or reporting or that such impact will not be material to its financial position, results of operations and cash flows when implemented.

INCOME TAXES (Details) - Jun. 30, 2015 - USD ($)	Total
Income Tax Disclosure [Abstract]
Net operating loss carry forwards	$ 817,000
Operating loss carryforward, expiration date	Dec. 31, 2034
Effective federal income tax rate	34.00%
Deferred tax asset, net operating loss	$ 278,000
Deferred tax asset, valuation allowance	$ 278,000
Operating loss carryforwards, limitations on use	In February 2015, there was a change of control which could have an impact on the availability of net operating losses.

CONDENSED STATEMENTS OF CASH FLOWS - USD ($)	6 Months Ended
CONDENSED STATEMENTS OF CASH FLOWS - USD ($)	Jun. 30, 2015	Jun. 30, 2014
OPERATING ACTIVITIES:
Net loss	$ (79,877)	$ (11,455)
Changes in operating assets and liabilities:
Accounts payable and accrued expenses	$ 54,457	(10,425)
Accounts receivable		(1,425)
NET CASH USED IN OPERATING ACTIVITIES	$ (25,420)	(23,305)
FINANCING ACTIVITIES
Proceeds from officer loan	21,408	$ 24,770
Other Loan Proceeds	4,000
NET CASH PROVIDED BY FINANCING ACTIVITIES	25,408	$ 24,770
INCREASE (DECREASE) IN CASH	(12)	1,465
CASH - BEGINNING OF PERIOD	596	1,669
CASH - END OF PERIOD	584	$ 3,134
Supplemental cash flow information:
Stock issued for conversion of related party notes payable	$ 50,382

CONCENTRATION (Details)	6 Months Ended
CONCENTRATION (Details)	Jun. 30, 2015 Customers
Risks and Uncertainties [Abstract]
Number of customers revenue is generated from during period	1