0001372167-15-000079.txt : 20150612 0001372167-15-000079.hdr.sgml : 20150612 20150611214033 ACCESSION NUMBER: 0001372167-15-000079 CONFORMED SUBMISSION TYPE: 10-Q PUBLIC DOCUMENT COUNT: 9 CONFORMED PERIOD OF REPORT: 20150430 FILED AS OF DATE: 20150612 DATE AS OF CHANGE: 20150611 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Gold Dynamics Corp. CENTRAL INDEX KEY: 0001371534 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372] IRS NUMBER: 000000000 STATE OF INCORPORATION: NV FISCAL YEAR END: 0731 FILING VALUES: FORM TYPE: 10-Q SEC ACT: 1934 Act SEC FILE NUMBER: 000-54139 FILM NUMBER: 15927282 BUSINESS ADDRESS: STREET 1: 2248 MERIDIAN BLVD. STE H CITY: MINDEN STATE: NV ZIP: 89423 BUSINESS PHONE: 949-419-6588 MAIL ADDRESS: STREET 1: 2248 MERIDIAN BLVD. STE H CITY: MINDEN STATE: NV ZIP: 89423 FORMER COMPANY: FORMER CONFORMED NAME: Vita Spirits Corp. DATE OF NAME CHANGE: 20080501 FORMER COMPANY: FORMER CONFORMED NAME: Revo Ventures Inc. DATE OF NAME CHANGE: 20060804 10-Q 1 gldn10qapr2015.htm

U.S. Securities and Exchange Commission

Washington, D.C. 20549

FORM 10-Q

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

For the quarterly period ended April 30, 2015

or

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

For the transition period from _____________________

Commission File No. 333-136981

Gold Dynamics Corp.

(Name of small business issuer in its charter)

 

Nevada

(State of Incorporation)

 

N/A

(I.R.S. Employer Identification No.)

 

2248 Meridian Blvd. Ste H Minden, NV 89423

(Address of principal executive offices)

 

949-419-6588

(Registrant's telephone number, including area code)

 

N/A

(Former name, address and fiscal year, if changed since last report)

 

 

Check whether the issuer (1) filed all reports required to be filed by Section 13 or 15(d) of the Exchange Act during the past 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.

[X]Yes [ ]No

 

Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T (§232.045 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files).

[ ]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 [ ]

Small 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

 

The number of shares outstanding of the Registrant's common stock, par value $.001 per share, at April 30, 2015 was 148,850,000 shares.

 

 

Part I - FINANCIAL INFORMATION

 

Gold Dynamics Corp.
(A Development Stage Company)
Balance Sheets
       
  April 30, 2015    July 31, 2014 
  (Unaudited)   (Audited)
ASSETS      
Current Assets      
Cash and Cash Equivalents  $                            -    $                   -
TOTAL CURRENT ASSETS  $                            -    $                   -
       
TOTAL ASSETS  $                            -    $                   -
       
LIABILITIES AND STOCKHOLDERS' EQUITY      
       
Current Liabilities      
Accounts Payable   $                  79,477    $         77,752
Shareholder Loan  $                  15,937    $         15,937
TOAL CURRENT LIABILITIES  $                  95,414    $         93,689
       
Stockholders' Equity      
Preferred Stock, $0.001 par value      
50,000,000 authorized, none issued and outstanding  $                            -    $                   -
Common stock, $0.001 par value, Authorized : 500,000,000, common shares 103,250,000 shares issued and outstanding   $                  11,100    $         11,100
Additional paid in capital  $                  64,900    $         64,900
(Deficit) accumulated during the development stage  $               (171,414)    $      (169,689)
       
TOTAL STOCKHOLDERS' DEFICIT  $                 (95,414)    $        (93,689)
TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT  $                            -    $                   -
       
       
See Accompanying Notes to Financial Statements

 

 

Gold Dynamics Corp.
(A Development Stage Company)

Statements of Operations

(Unaudited)

             
  For Three
Months Ended		 For Nine
Months Ended		 April 17, 2006 (Inception) to   
  April 30, April 30, April 30,  April 30, April 30,  
  2015 2014 2015 2014 2015  
             
 Revenue             
 Sales   $                     -  $                     -  $                   -  $                   -  $                        -  
 Total Income   $                     -  $                     -  $                   -  $                   -  $                        -  
             
 General and Administration Expenses             
 Professional Fees   $                475  $             3,200  $           1,725  $           5,700  $             112,740  
 Consultation Fees           $               27,000  
 Management Fees           $                 1,355  
 Filing Fee           $                 9,083  
 Rent           $               14,700  
 Advertising and Promotion Expenses           $                 1,495  
 Bank charges and interest         $              202  $                 5,041  
   $                475  $             3,200  $           1,725  $           5,902  $             171,414  
             
 Net (loss) for the period   $               (475)  $            (3,200)  $          (1,725)  $          (5,902)  $           (171,414)  
             
 Net (loss) per share             
 Basic and diluted   $          (0.0000)  $          (0.0000)  $        (0.0000)  $        (0.0000)  $                    -       
             
Weighted Average Number of Common             
Shares Outstanding - Basic and Diluted 148,850,000 148,850,000 148,850,000 148,850,000    
             
             
See Accompanying Notes to Financial Statements.

 

 

Gold Dynamics Corp.
(A Development Stage Company)
Statements of Cash Flows
   (Unaudited)    
       
  For the Nine
Months Ended		 April 17, 2006
(Inception) to 
  April 30,  April 30,  April 30, 
  2015 2014 2015
       
Cash flow from Operating Activities      
Net loss  $               (1,725)  $               (5,902)  $           (171,414)
       
Adjustments to reconcile net loss to net cash       
used in operating activities:  $                        -  $                        -  
Accrued Interest      
Accounts Payable  $                 1,725  $                 5,700  $               79,477
    Shareholder loan  $                        -  $                        -  $               15,937
       
Net cash used for operating activities  $                        -  $                  (202)  $             (76,000)
       
Financing Activities      
Additional Paid in Capital  $                        -  $                    202  $               64,900
Proceeds from sale of common stock  $                        -  $                        -  $               11,100
Net cash provided by financing activities  $                        -  $                    202  $               76,000
       
Net change in cash  $                        -  $                        -  $                        -
       
Cash, Beginning of Period  $                        -  $                        -  $                        -
       
Cash,  End of Period  $                        -  $                        -  $                        -
       
       
See Accompanying Notes to Financial Statements  

 

 GOLD DYNAMICS CORP.

NOTES TO THE FINANCIAL STATEMENTS

April 30, 2015

Note 1: Organization and Basis of Presentation

Gold Dynamics Corp. (the “Company”) is a for profit corporation established under the corporation laws in the State of Nevada, United States of America on April, 2006.

The Company's primary operations began in April 2006 with an e-commerce focus and intends to become a producer of vitamin infused alcoholic beverages. As part of the change in operations, the Company has undergone a name change from Revo Ventures Inc. to Vita Spirits Corp to Gold Dynamics Corp. to better reflect the Company's new focus.

The Financial Statements and related disclosures as of April 30, 2015 are unaudited pursuant to the rules and regulations of the United States Securities and Exchange Commission (“SEC”). The April 30, 2015, Balance Sheet data was derived from unaudited financial statements and does not include all disclosures required by accounting principles generally accepted in the United States of America (“U.S.”). Certain information and footnote disclosures normally included in financial statements prepared in accordance with U.S. generally accepted accounting principles (“U.S. GAAP”) have been condensed or omitted pursuant to such rules and regulations. In our opinion, these financial statements include all adjustments (consisting only of normal recurring adjustments) necessary for the fair statement of the results for the period. These financial statements should be read in conjunction with the financial statements included in our Quarterly Report for the period ended January 31, 2015. Unless the context otherwise requires, all references to “Gold Dynamics,” “we,” “us,” “our” or the “company” are to Gold Dynamics Corp. and any subsidiaries.

The Company’s fiscal year ends July 31.

Note 2: Recent Accounting Pronouncements

In December 2011, the FASB issued ASU 2011-11, Disclosures about Offsetting Assets and Liabilities, (“ASU 2011-11”). ASU 2011-11 requires an entity to disclose both gross information and net information about both instruments and transactions eligible for offset in the statement of financial position and instruments and transactions subject to an agreement similar to a master netting arrangement. ASU 201111 is effective for annual reporting periods beginning on or after January 1, 2013, and interim periods within those annual periods. Retrospective disclosure is required for all comparative periods presented. The adoption of ASU 2011-11 did not have a material impact on the Company’s financial statements.

In October 2012, the FASB issued ASU No. 2012-04, Technical Corrections and Improvements, (“ASU 2012-04”). This update includes source literature amendments, guidance clarification, reference corrections and relocated guidance affecting a variety of topics in the Codification. The update also includes conforming amendments to the Codification to reflect ASC 820’s fair value measurement and disclosure requirements. The amendments in this update that will not have transition guidance are effective upon issuance. The amendments in this update that are subject to the transition guidance will be effective for fiscal periods beginning after December 15, 2012. The adoption of ASU 2012-04 did not have a material impact on the Company’s financial statements.

In January 2013, the FASB issued ASU No. 2013-01, Balance Sheet (Topic 210): Clarifying the Scope of Disclosures about Offsetting Assets and Liabilities (“ASU 2013-01”). This update clarifies that ordinary trade receivables and receivables are not in the scope of ASU No. 2011-11, Balance Sheet (Topic 210): Disclosures about Offsetting Assets and Liabilities (“ASU 2011-11”). Specifically, ASU 2011-11 applies only to derivatives, repurchase agreements and reverse purchase agreements, and securities borrowing and securities lending transactions that are either offset in accordance with specific criteria contained in the FASB Accounting Standards Codification or subject to a master netting arrangement or similar agreement. The Company is required to apply the amendments in ASU 2013-01 beginning January 1, 2013. The adoption of ASU 2013-01 by the Company did not have a material impact on the consolidated financial statements.

In February 2013, the Financial Accounting Standards Board issued Accounting Standards Update, or ASU, 2013-02, Comprehensive Income (Topic 220), Reporting of Amounts Reclassified Out of Accumulated Other Comprehensive Income. This update requires companies to provide information regarding the amounts reclassified out of accumulated other comprehensive income by component. In addition, companies are required to present, either on the face of the statement where net income is presented or in the accompanying notes, significant amounts reclassified out of accumulated other comprehensive income by the respective line items of net income. ASU 2013-02 is effective for annual reporting periods beginning on or after December 15, 2012, and interim periods within those annual periods. ASU 2013-02 was adopted January 1, 2013 and did not have a significant impact on our financial statements.

Note 3: Commitments and Contingencies

The Company neither owns nor leases any real or personal property, an officer has provided office services without charge. Such costs are immaterial to the financial statements and accordingly are not reflected herein. The officer and director are involved in other business activities and most likely will become involved in other business activities in the future.

Note 4: Legal Matters

The Company has no known legal issues pending.

Note 5: Related Party Transactions

An officer has loaned the Company $15,937 on August 1, 2009, without a fixed term of repayment and no interest.

Note 6: Capital Stock

On July 14, 2006, the Company sold 5,000,000 common shares at $0.001 per share to the sole director of the Company for total proceeds of $5,000.

On May 6, 2007, the Company sold 2,100,000 common shares pursuant to a registration statement at $0.01 per share for total proceeds of $21,000.

On April 22, 2008, the Company approved a forward split of a 15 for 2 forward stock split to the stockholders of record as of April 23, 2008. The Company increased the authorized shares from 50,000,000 to 75,000,000. The Company did not change the par value of the shares. All references to share value in these financial statements have been restated to reflect this split. Subsequent to the forward split, the Company had 53,250,000 common shares issued and outstanding.

On November 12, 2009, the Company sold 4,000,000 common shares at $ 0.0125 per share to an investor for total proceeds of $50,000.

On December 15, 2009, the Company authorized a Forward Stock Split of issued and outstanding Common Stock on a 2.6 for one (2.6:1) basis. As a result of the Forward Stock Split, the Company increased its issued and outstanding shares of Common Stock to 148,850,000.

As of April 30, 2015 there were no outstanding stock options or warrants.

Note 7: Income Taxes

The company has not commenced operations and has not generated any revenue and has not made a provision for income taxes.

The Company’s statutory tax rate is 35%.

The Company does not have any material uncertainties with respect to its provisions for income taxes.

Note 8: Going Concern

The accompanying financial statements and notes have been prepared assuming that the Company will continue as a going concern.

The Company’s ability to continue as a going concern is dependent upon the Company’s ability to generate sufficient revenues to operate profitably or raise additional capital through debt financing and/or through sales of common stock.

Management has no formal plan in place to address these concerns, but believes that the Company will be able to obtain additional funds through equity financing and/or related party advances.

The failure to achieve the necessary levels of profitability or obtain the additional funding would be detrimental to the Company.

 

ITEM 2: MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS

This 10-Q contains forward-looking statements. Our actual results could differ materially from those set forth as a result of general economic conditions and changes in the assumptions used in making such forward-looking statements. The following discussion and analysis of our financial condition and results of operations should be read together with the audited consolidated financial statements and accompanying notes and the other financial information appearing elsewhere in this report. The analysis set forth below is provided pursuant to applicable Securities and Exchange Commission regulations and is not intended to serve as a basis for projections of future events. Refer also to "Cautionary Note Regarding Forward Looking Statements" and "Risk Factors" below.

The following discussion and analysis provides information which management of Gold Dynamics Corp. (the "Company") believes to be relevant to an assessment and understanding of the Company's results of operations and financial condition. This discussion should be read together with the Company's financial statements and the notes to financial statements, which are included in this report.

CAUTION ABOUT FORWARD-LOOKING STATEMENTS

This management's discussion and analysis or plan of operation should be read in conjunction with the financial statements and notes thereto of the Company for the quarter ended April 30, 2015. Because of the nature of a relatively new and growing company the reported results will not necessarily reflect the future.

This section includes a number of forward-looking statements that reflect our current views with respect to future events and financial performance. Forward-looking statements are often identified by words like: believe, expect, estimate, anticipate, intend, project and similar expressions, or words which, by their nature, refer to future events. You should not place undue certainty on these forward-looking statements, which apply only as of the date of this prospectus. These forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from historical results or our predictions.

COMPANY OVERVIEW

Gold Dynamics Corp.'s primary operations began in April 2006. Gold Dynamics Corp. is an emerging precious metals explorer focused on under explored regions of the world that is seeking to grow shareholder value by building gold and silver mineral resources through systematic exploration. The Company has brought together a highly experienced board and management team consisting of capable professionals with significant development and mine management experience.

Gold Dynamics Corp. seeks to identify, acquire, and develop deposits which have the potential to be world class and in an acceptable risk environment. Social responsibility and environmental stewardship are core values of the Company.

RESULTS OF OPERATIONS

The Company experienced general and administration expenses of $1725 and $5700 for the nine months ended April 30, 2015 and 2014, respectively. The decrease in general and administration expenses for this period are attributed to a decrease in professional fees.

For the nine month period ended April 30, 2015, the net loss of the Company is $1725.

LIQUIDITY AND CAPITAL RESOURCES

During the nine month period ended April 30, 2015, the Company had no working capital needs. As of April 30, 2015, the Company has cash on hand in the amount of $0. Management does not expect that the current level of cash on hand will be sufficient to fund our operations for the next twelve month period. In the event that additional funds are required to maintain operations, our officers and directors have agreed to advance us sufficient capital to allow us to continue operations. We may also be able to obtain loans from our shareholders, but there are no agreements or understandings in place currently.

 

We believe we will require additional funding to expand our business and ensure its future profitability. We anticipate that any additional funding will be in the form of equity financing from the sale of our common stock. However, we do not have any arrangements in place for any future equity financing. In the event we are not successful in selling our common stock, we may also seek to obtain short-term loans from our director.

ITEM 3: QUANTITATIVE DISCLOSURES ABOUT MARKET RISKS

Not applicable

ITEM 4: CONTROLS AND PROCEDURES

Evaluation of Disclosure Controls and Procedures

We carried out an evaluation, under the supervision and with the participation of our management, including our principal executive officer and principal financial officer, of the effectiveness of our disclosure controls and procedures (as defined in Rules 13a-15(e) and 15d-15(e) of the Exchange Act (defined below)). Based upon that evaluation, our principal executive officer and principal financial officer concluded that, as of the end of the period covered in this report, our disclosure controls and procedures were not effective to ensure that information required to be disclosed in reports filed under the Securities Exchange Act of 1934, as amended (the "Exchange Act") is recorded, processed, summarized and reported within the required time periods and is accumulated and communicated to our management, including our principal executive officer and principal financial officer, as appropriate to allow timely decisions regarding required disclosure.

Our management, including our principal executive officer and principal financial officer, does not expect that our disclosure controls and procedures or our internal controls will prevent all error or fraud. A control system, no matter how well conceived and operated, can provide only reasonable, not absolute, assurance that the objectives of the control system are met. Further, the design of a control system must reflect the fact that there are resource constraints and the benefits of controls must be considered relative to their costs. Due to the inherent limitations in all control systems, no evaluation of controls can provide absolute assurance that all control issues and instances of fraud, if any, have been detected. Accordingly, management believes that the financial statements included in this report fairly present in all material respects our financial condition, results of operations and cash flows for the periods presented.

Changes in Internal Control over Financial Reporting

In addition, our management with the participation of our Principal Executive Officer and Principal Financial Officer have determined that no change in our internal control over financial reporting occurred during or subsequent to the quarter ended April 30, 2015 that has materially affected, or is (as that term is defined in Rules 13(a)-15(f) and 15(d)-15(f) of the Securities Exchange Act of 1934) reasonably likely to materially affect, our internal control over financial reporting.

PART II: OTHER INFORMATION

ITEM 1: LEGAL PROCEEDINGS

We know of no material, existing or pending legal proceedings against our company, nor are we involved as a plaintiff in any material proceeding or pending litigation. There are no proceedings in which any of our directors, officers or affiliates, or any registered or beneficial shareholder, is an adverse party or has a material interest adverse to our interest.

ITEM 2: UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS

None

ITEM 3: DEFAULTS UPON SENIOR SECURITIES

None

ITEM 3: SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS

None

ITEM 5: OTHER INFORMATION

None

ITEM 6: EXHIBITS

(a) The following exhibit is filed as part of this report:

 

31.1 Certification of Principal Executive Officer and Principal Financial Officer filed pursuant to Section 302 of the Sarbanes-Oxley Act of 2002

32.1 Certification of Principal Executive Officer and Principal Financial Officer pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002

SIGNATURES

Pursuant to the requirements 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 June 11, 2015.

  

/s/ Tie Ming Li

Mr. Tie Ming Li, President

 

 

 

 

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The update also includes conforming amendments to the Codification to reflect ASC 820&#146;s fair value measurement and disclosure requirements. The amendments in this update that will not have transition guidance are effective upon issuance. The amendments in this update that are subject to the transition guidance will be effective for fiscal periods beginning after December 15, 2012. The adoption of ASU 2012-04 did not have a material impact on the Company&#146;s financial statements.</p> <p style="font: 11pt/normal Times New Roman, Times, Serif; margin: 0 0 13pt">In January 2013, the FASB issued ASU No. 2013-01, Balance Sheet (Topic 210): Clarifying the Scope of Disclosures about Offsetting Assets and Liabilities (&#147;ASU 2013-01&#148;). This update clarifies that ordinary trade receivables and receivables are not in the scope of ASU No. 2011-11, Balance Sheet (Topic 210): Disclosures about Offsetting Assets and Liabilities (&#147;ASU 2011-11&#148;). 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This update requires companies to provide information regarding the amounts reclassified out of accumulated other comprehensive income by component. In addition, companies are required to present, either on the face of the statement where net income is presented or in the accompanying notes, significant amounts reclassified out of accumulated other comprehensive income by the respective line items of net income. ASU 2013-02 is effective for annual reporting periods beginning on or after December 15, 2012, and interim periods within those annual periods. ASU 2013-02 was adopted January 1, 2013 and did not have a significant impact on our financial statements.</p> <p style="margin: 0pt"></p> <p style="margin: 0pt"></p> <p style="font: 11pt/normal Times New Roman, Times, Serif; margin: 0 0 13pt"><b>Note 3: Commitments and Contingencies</b></p> <p style="font: 11pt/normal Times New Roman, Times, Serif; margin: 0 0 13pt">The Company neither owns nor leases any real or personal property, an officer has provided office services without charge. Such costs are immaterial to the financial statements and accordingly are not reflected herein. The officer and director are involved in other business activities and most likely will become involved in other business activities in the future.</p> <p style="margin: 0pt"></p> <p style="margin: 0pt"></p> <p style="font: 11pt/normal Times New Roman, Times, Serif; margin: 0 0 13pt"><b>Note 4: Legal Matters</b></p> <p style="font: 11pt/normal Times New Roman, Times, Serif; margin: 0 0 13pt">The Company has no known legal issues pending.</p> <p style="margin: 0pt"></p> <p style="margin: 0pt"></p> <p style="font: 11pt/normal Times New Roman, Times, Serif; margin: 0 0 13pt"><b>Note 5: Related Party Transactions</b></p> <p style="font: 11pt/normal Times New Roman, Times, Serif; margin: 0 0 13pt">An officer has loaned the Company $15,937 on August 1, 2009, without a fixed term of repayment and no interest.</p> <p style="margin: 0pt"></p> <p style="margin: 0pt"></p> <p style="font: 11pt/normal Times New Roman, Times, Serif; margin: 0 0 13pt"><b>Note 6: Capital Stock</b></p> <p style="font: 11pt/normal Times New Roman, Times, Serif; margin: 0 0 13pt">On July 14, 2006, the Company sold 5,000,000 common shares at $0.001 per share to the sole director of the Company for total proceeds of $5,000.</p> <p style="font: 11pt/normal Times New Roman, Times, Serif; margin: 0 0 13pt">On May 6, 2007, the Company sold 2,100,000 common shares pursuant to a registration statement at $0.01 per share for total proceeds of $21,000.</p> <p style="font: 11pt/normal Times New Roman, Times, Serif; margin: 0 0 13pt">On April 22, 2008, the Company approved a forward split of a 15 for 2 forward stock split to the stockholders of record as of April 23, 2008. The Company increased the authorized shares from 50,000,000 to 75,000,000. The Company did not change the par value of the shares. All references to share value in these financial statements have been restated to reflect this split. Subsequent to the forward split, the Company had 53,250,000 common shares issued and outstanding.</p> <p style="font: 11pt/normal Times New Roman, Times, Serif; margin: 0 0 13pt">On November 12, 2009, the Company sold 4,000,000 common shares at $ 0.0125 per share to an investor for total proceeds of $50,000.</p> <p style="font: 11pt/normal Times New Roman, Times, Serif; margin: 0 0 13pt">On December 15, 2009, the Company authorized a Forward Stock Split of issued and outstanding Common Stock on a 2.6 for one (2.6:1) basis. As a result of the Forward Stock Split, the Company increased its issued and outstanding shares of Common Stock to 148,850,000.</p> <p style="margin: 0">As of April 30, 2015 there were no outstanding stock options or warrants.</p> <p style="margin: 0pt"></p> 5000000 2100000 5000 21000 50000 4000000 <p style="margin: 0pt"></p> <p style="font: 11pt/normal Times New Roman, Times, Serif; margin: 0 0 13pt"><b>Note 7: Income Taxes</b></p> <p style="font: 11pt/normal Times New Roman, Times, Serif; margin: 0 0 13pt">The company has not commenced operations and has not generated any revenue and has not made a provision for income taxes.</p> <p style="font: 11pt/normal Times New Roman, Times, Serif; margin: 0 0 13pt">The Company&#146;s statutory tax rate is 35%.</p> <p style="font: 11pt/normal Times New Roman, Times, Serif; margin: 0 0 13pt">The Company does not have any material uncertainties with respect to its provisions for income taxes.</p> <p style="margin: 0pt"></p> <p style="margin: 0pt"></p> <p style="font: 11pt/normal Times New Roman, Times, Serif; margin: 0 0 13pt"><b>Note 8: Going Concern</b></p> <p style="font: 11pt/normal Times New Roman, Times, Serif; margin: 0 0 13pt">The accompanying financial statements and notes have been prepared assuming that the Company will continue as a going concern.</p> <p style="font: 11pt/normal Times New Roman, Times, Serif; margin: 0 0 13pt">The Company&#146;s ability to continue as a going concern is dependent upon the Company&#146;s ability to generate sufficient revenues to operate profitably or raise additional capital through debt financing and/or through sales of common stock.</p> <p style="font: 11pt/normal Times New Roman, Times, Serif; margin: 0 0 13pt">Management has no formal plan in place to address these concerns, but believes that the Company will be able to obtain additional funds through equity financing and/or related party advances.</p> <p style="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">The failure to achieve the necessary levels of profitability or obtain the additional funding would be detrimental to the Company.</p> <p style="margin: 0pt"></p> EX-101.SCH 3 gldn-20150430.xsd XBRL SCHEMA FILE 00000001 - Document - Document and Entity Information link:presentationLink link:calculationLink link:definitionLink 00000002 - Statement - Balance Sheets link:presentationLink link:calculationLink link:definitionLink 00000003 - Statement - Balance Sheets (Parenthetical) link:presentationLink link:calculationLink link:definitionLink 00000004 - Statement - Statements of Operations link:presentationLink link:calculationLink link:definitionLink 00000005 - Statement - Statements of Cash Flows link:presentationLink link:calculationLink link:definitionLink 00000006 - Disclosure - Organization and Basis of Presentation link:presentationLink link:calculationLink link:definitionLink 00000007 - Disclosure - Recent Accounting Pronouncements link:presentationLink link:calculationLink link:definitionLink 00000008 - Disclosure - Commitments and Contingencies link:presentationLink link:calculationLink link:definitionLink 00000009 - Disclosure - Legal Matters link:presentationLink link:calculationLink link:definitionLink 00000010 - Disclosure - Related Party Transactions link:presentationLink link:calculationLink link:definitionLink 00000011 - Disclosure - Capital Stock link:presentationLink link:calculationLink link:definitionLink 00000012 - Disclosure - Income Taxes link:presentationLink link:calculationLink link:definitionLink 00000013 - Disclosure - Going Concern link:presentationLink link:calculationLink link:definitionLink 00000014 - Disclosure - Related Party Transactions (Details Narrative) link:presentationLink link:calculationLink link:definitionLink 00000015 - Disclosure - Capital Stock (Details Narrative) link:presentationLink link:calculationLink link:definitionLink EX-101.CAL 4 gldn-20150430_cal.xml XBRL CALCULATION FILE EX-101.DEF 5 gldn-20150430_def.xml XBRL DEFINITION FILE EX-101.LAB 6 gldn-20150430_lab.xml XBRL LABEL FILE Document And Entity Information Entity Registrant Name Entity Central Index Key Document Type Document Period End Date Amendment Flag Current Fiscal Year End Date Is Entity a Well-known Seasoned Issuer? Is Entity a Voluntary Filer? Is Entity's Reporting Status Current? Entity Filer Category Entity Public Float Entity Common Stock, Shares Outstanding Document Fiscal Period Focus Document Fiscal Year Focus Statement of Financial Position [Abstract] ASSETS Current Assets Cash and Cash Equivalents TOTAL CURRENT ASSETS TOTAL ASSETS LIABILITIES AND STOCKHOLDERS' DEFICIT Current Liabilities Notes Payable Shareholder Loan TOTAL CURRENT LIABILITIES Stockholders' Deficit Preferred Stock, $0.001 par value, 50,000,000 authorized, none issued and outstanding Common stock, Authorized : 50,000,000, common shares at $0.001 par value, 148,850,000 issued and outstanding as at October 31, 2014 Additional paid in capital (Deficit) accumulated during the development stage TOTAL STOCKHOLDERS' DEFICIT TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT Preferred Stock Par Value Preferred Stock Authorized Preferred Stock Issued and Outstanding Common Stock Par Value Common Stock Authorized Common Stock Issued and Outstanding Income Statement [Abstract] General and Administration Expenses Professional Fees Consultation Fees Management Fees Filing Fee Rent Advertising and Promotion Bank charges and interest Operating Loss Net (loss) for the period Net (loss) per share Basic and diluted Weighted Average Number of Common Shares Outstanding - Basic and Diluted Statement of Cash Flows [Abstract] Cash flow from Operating Activities Net loss Adjustments to reconcile net loss to net cash used in operating activities: Accrued Interest Notes Payable Shareholder loan Net cash used for operating activities Financing Activities Additional Paid in Capital Proceeds from shareholder loan Proceeds from sale of common stock Net cash provided by financing activities Net change in cash Cash, Beginning of Period Cash, End of Period Accounting Policies [Abstract] Organization and Basis of Presentation Accounting Changes and Error Corrections [Abstract] Recent Accounting Pronouncements Commitments and Contingencies Disclosure [Abstract] Commitments and Contingencies Legal Matters Related Party Transactions [Abstract] Related Party Transactions Equity [Abstract] Capital Stock Income Tax Disclosure [Abstract] Income Taxes Organization, Consolidation and Presentation of Financial Statements [Abstract] Going Concern [us-gaap:LoansAndLeasesReceivableRelatedParties] [us-gaap:CommonStockSharesIssued] [us-gaap:CommonStockParOrStatedValuePerShare] [us-gaap:CommonStockSharesSubscriptions] [us-gaap:CommonStockSharesAuthorized] [us-gaap:CommonStockSharesOutstanding] [us-gaap:CommonStockSharesSubscribedButUnissued] General and Administrative Expense Net Income (Loss) Attributable to Parent Increase (Decrease) in Accounts Payable and Accrued Liabilities Net Cash Provided by (Used in) Operating Activities Net Cash Provided by (Used in) Financing Activities Cash EX-101.PRE 7 gldn-20150430_pre.xml XBRL PRESENTATION FILE EX-31 8 goldex31.htm

EX. 31. CERTIFICATION PURSUANT TO SECTION 302 OF SARBANES-OXLEY ACT OF 2002

 

I, Tie Ming Li, certify that:

 

1. I have reviewed this annual report on Form 10-Q of Gold Dynamics Corp.;

 

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 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 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.

 

June 11, 2015

 

By: /s/ Tie Ming Li

Tie Ming Li

Chief Executive Officer

 EX-32 9 goldex32.htm

 

EX. 32. CERTIFICATION OF CHIEF EXECUTIVE OFFICER AND PRINCIPAL FINANCIAL

OFFICER PURSUANT TO 18 U.S.C. SECTION 1350, AS ADOPTED PURSUANT TO SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002

 

The undersigned, Tie Ming Li the Chief Executive Officer of Gold Dynamics Corp. (the "Company") hereby certifies, pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, that, to his or her knowledge, the Quarterly Report on Form 10-Q for the period ended April 30, 2015, fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934, as amended, and that the information contained in the Annual Report on Form 10-Q, as amended, fairly presents in all material respects the financial condition and results of operations of the Company.

 

Date: June 11, 2015

 

/s/ Tie Ming Li

Tie Ming Li

Chief Executive Officer

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Legal Matters
 9 Months Ended
Apr. 30, 2015
Commitments and Contingencies Disclosure [Abstract]  
Legal Matters

Note 4: Legal Matters

The Company has no known legal issues pending.

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Commitments and Contingencies
 9 Months Ended
Apr. 30, 2015
Commitments and Contingencies Disclosure [Abstract]  
Commitments and Contingencies

Note 3: Commitments and Contingencies

The Company neither owns nor leases any real or personal property, an officer has provided office services without charge. Such costs are immaterial to the financial statements and accordingly are not reflected herein. The officer and director are involved in other business activities and most likely will become involved in other business activities in the future.
XML 15 R2.htm IDEA: XBRL DOCUMENT v2.4.1.9
Balance Sheets (USD $)
Apr. 30, 2015
Jul. 31, 2014
Current Assets    
Cash and Cash Equivalents      
TOTAL CURRENT ASSETS      
TOTAL ASSETS 0us-gaap_Assets 0us-gaap_Assets
Current Liabilities    
Notes Payable 79,477us-gaap_AccountsPayableAndAccruedLiabilitiesCurrent 77,752us-gaap_AccountsPayableAndAccruedLiabilitiesCurrent
Shareholder Loan 15,937us-gaap_LoansAndLeasesReceivableRelatedParties 15,937us-gaap_LoansAndLeasesReceivableRelatedParties
TOTAL CURRENT LIABILITIES 95,414us-gaap_LiabilitiesCurrent 93,689us-gaap_LiabilitiesCurrent
Stockholders' Deficit    
Preferred Stock, $0.001 par value, 50,000,000 authorized, none issued and outstanding      
Common stock, Authorized : 50,000,000, common shares at $0.001 par value, 148,850,000 issued and outstanding as at October 31, 2014 11,100us-gaap_CommonStockValue 11,100us-gaap_CommonStockValue
Additional paid in capital 64,900us-gaap_AdditionalPaidInCapitalCommonStock 64,900us-gaap_AdditionalPaidInCapitalCommonStock
(Deficit) accumulated during the development stage (171,414)us-gaap_RetainedEarningsAccumulatedDeficit (169,689)us-gaap_RetainedEarningsAccumulatedDeficit
TOTAL STOCKHOLDERS' DEFICIT (95,414)us-gaap_StockholdersEquity (93,689)us-gaap_StockholdersEquity
TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT $ 0us-gaap_LiabilitiesAndStockholdersEquity $ 0us-gaap_LiabilitiesAndStockholdersEquity
XML 16 R6.htm IDEA: XBRL DOCUMENT v2.4.1.9
Organization and Basis of Presentation
 9 Months Ended
Apr. 30, 2015
Accounting Policies [Abstract]  
Organization and Basis of Presentation

Note 1: Organization and Basis of Presentation

Gold Dynamics Corp. (the “Company”) is a for profit corporation established under the corporation laws in the State of Nevada, United States of America on April, 2006.

The Company's primary operations began in April 2006 with an e-commerce focus and intends to become a producer of vitamin infused alcoholic beverages. As part of the change in operations, the Company has undergone a name change from Revo Ventures Inc. to Vita Spirits Corp to Gold Dynamics Corp. to better reflect the Company's new focus.

The Financial Statements and related disclosures as of April 30, 2015 are unaudited pursuant to the rules and regulations of the United States Securities and Exchange Commission (“SEC”). The April 30, 2015, Balance Sheet data was derived from unaudited financial statements and does not include all disclosures required by accounting principles generally accepted in the United States of America (“U.S.”). Certain information and footnote disclosures normally included in financial statements prepared in accordance with U.S. generally accepted accounting principles (“U.S. GAAP”) have been condensed or omitted pursuant to such rules and regulations. In our opinion, these financial statements include all adjustments (consisting only of normal recurring adjustments) necessary for the fair statement of the results for the period. These financial statements should be read in conjunction with the financial statements included in our Quarterly Report for the period ended January 31, 2015. Unless the context otherwise requires, all references to “Gold Dynamics,” “we,” “us,” “our” or the “company” are to Gold Dynamics Corp. and any subsidiaries.

The Company’s fiscal year ends July 31.
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Recent Accounting Pronouncements
 9 Months Ended
Apr. 30, 2015
Accounting Changes and Error Corrections [Abstract]  
Recent Accounting Pronouncements

Note 2: Recent Accounting Pronouncements

In December 2011, the FASB issued ASU 2011-11, Disclosures about Offsetting Assets and Liabilities, (“ASU 2011-11”). ASU 2011-11 requires an entity to disclose both gross information and net information about both instruments and transactions eligible for offset in the statement of financial position and instruments and transactions subject to an agreement similar to a master netting arrangement. ASU 201111 is effective for annual reporting periods beginning on or after January 1, 2013, and interim periods within those annual periods. Retrospective disclosure is required for all comparative periods presented. The adoption of ASU 2011-11 did not have a material impact on the Company’s financial statements.

In October 2012, the FASB issued ASU No. 2012-04, Technical Corrections and Improvements, (“ASU 2012-04”). This update includes source literature amendments, guidance clarification, reference corrections and relocated guidance affecting a variety of topics in the Codification. The update also includes conforming amendments to the Codification to reflect ASC 820’s fair value measurement and disclosure requirements. The amendments in this update that will not have transition guidance are effective upon issuance. The amendments in this update that are subject to the transition guidance will be effective for fiscal periods beginning after December 15, 2012. The adoption of ASU 2012-04 did not have a material impact on the Company’s financial statements.

In January 2013, the FASB issued ASU No. 2013-01, Balance Sheet (Topic 210): Clarifying the Scope of Disclosures about Offsetting Assets and Liabilities (“ASU 2013-01”). This update clarifies that ordinary trade receivables and receivables are not in the scope of ASU No. 2011-11, Balance Sheet (Topic 210): Disclosures about Offsetting Assets and Liabilities (“ASU 2011-11”). Specifically, ASU 2011-11 applies only to derivatives, repurchase agreements and reverse purchase agreements, and securities borrowing and securities lending transactions that are either offset in accordance with specific criteria contained in the FASB Accounting Standards Codification or subject to a master netting arrangement or similar agreement. The Company is required to apply the amendments in ASU 2013-01 beginning January 1, 2013. The adoption of ASU 2013-01 by the Company did not have a material impact on the consolidated financial statements.

In February 2013, the Financial Accounting Standards Board issued Accounting Standards Update, or ASU, 2013-02, Comprehensive Income (Topic 220), Reporting of Amounts Reclassified Out of Accumulated Other Comprehensive Income. This update requires companies to provide information regarding the amounts reclassified out of accumulated other comprehensive income by component. In addition, companies are required to present, either on the face of the statement where net income is presented or in the accompanying notes, significant amounts reclassified out of accumulated other comprehensive income by the respective line items of net income. ASU 2013-02 is effective for annual reporting periods beginning on or after December 15, 2012, and interim periods within those annual periods. ASU 2013-02 was adopted January 1, 2013 and did not have a significant impact on our financial statements.
XML 19 R3.htm IDEA: XBRL DOCUMENT v2.4.1.9
Balance Sheets (Parenthetical) (USD $)
Apr. 30, 2015
Jul. 31, 2014
Statement of Financial Position [Abstract]    
Preferred Stock Par Value $ 0.001us-gaap_PreferredStockParOrStatedValuePerShare $ 0.001us-gaap_PreferredStockParOrStatedValuePerShare
Preferred Stock Authorized 50,000,000us-gaap_PreferredStockSharesAuthorized 50,000,000us-gaap_PreferredStockSharesAuthorized
Preferred Stock Issued and Outstanding $ 0us-gaap_PreferredStockValueOutstanding $ 0us-gaap_PreferredStockValueOutstanding
Common Stock Par Value $ 0.001us-gaap_CommonStockParOrStatedValuePerShare $ 0.001us-gaap_CommonStockParOrStatedValuePerShare
Common Stock Authorized 50,000,000us-gaap_CommonStockSharesAuthorized 50,000,000us-gaap_CommonStockSharesAuthorized
Common Stock Issued and Outstanding 148,850,000us-gaap_CommonStockSharesOutstanding 148,850,000us-gaap_CommonStockSharesOutstanding
XML 20 R1.htm IDEA: XBRL DOCUMENT v2.4.1.9
Document and Entity Information (USD $)
 9 Months Ended
Apr. 30, 2015
Document And Entity Information  
Entity Registrant Name Gold Dynamics Corp.
Entity Central Index Key 0001371534
Document Type 10-Q
Document Period End Date Apr. 30, 2015
Amendment Flag false
Current Fiscal Year End Date --07-31
Is Entity a Well-known Seasoned Issuer? No
Is Entity a Voluntary Filer? No
Is Entity's Reporting Status Current? No
Entity Filer Category Smaller Reporting Company
Entity Public Float $ 40,000,000dei_EntityPublicFloat
Entity Common Stock, Shares Outstanding 148,850,000dei_EntityCommonStockSharesOutstanding
Document Fiscal Period Focus Q3
Document Fiscal Year Focus 2014
XML 21 R4.htm IDEA: XBRL DOCUMENT v2.4.1.9
Statements of Operations (USD $)
 3 Months Ended 9 Months Ended 108 Months Ended
Apr. 30, 2015
Apr. 30, 2014
Apr. 30, 2015
Apr. 30, 2014
Apr. 30, 2015
General and Administration Expenses          
Professional Fees $ 475us-gaap_ProfessionalFees $ 3,200us-gaap_ProfessionalFees $ 1,725us-gaap_ProfessionalFees $ 5,700us-gaap_ProfessionalFees $ 112,740us-gaap_ProfessionalFees
Consultation Fees             27,000us-gaap_ProfessionalAndContractServicesExpense
Management Fees             1,355us-gaap_ServiceManagementCosts
Filing Fee             9,083us-gaap_ExchangeFees
Rent             14,700us-gaap_CarryingCostsPropertyAndExplorationRights
Advertising and Promotion             1,495us-gaap_MarketingAndAdvertisingExpense
Bank charges and interest          202us-gaap_AmortizationOfFinancingCosts 5,041us-gaap_AmortizationOfFinancingCosts
Operating Loss 475us-gaap_GeneralAndAdministrativeExpense 3,200us-gaap_GeneralAndAdministrativeExpense 1,725us-gaap_GeneralAndAdministrativeExpense 5,902us-gaap_GeneralAndAdministrativeExpense 171,414us-gaap_GeneralAndAdministrativeExpense
Net (loss) for the period $ (475)us-gaap_NetIncomeLoss $ (3,200)us-gaap_NetIncomeLoss $ (1,725)us-gaap_NetIncomeLoss $ (5,902)us-gaap_NetIncomeLoss $ (171,414)us-gaap_NetIncomeLoss
Net (loss) per share          
Basic and diluted $ 0us-gaap_EarningsPerShareBasicAndDiluted $ 0us-gaap_EarningsPerShareBasicAndDiluted $ 0us-gaap_EarningsPerShareBasicAndDiluted $ 0us-gaap_EarningsPerShareBasicAndDiluted $ (0.0011)us-gaap_EarningsPerShareBasicAndDiluted
Weighted Average Number of Common          
Shares Outstanding - Basic and Diluted 148,850,000us-gaap_WeightedAverageNumberOfSharesCommonStockSubjectToRepurchaseOrCancellation 148,850,000us-gaap_WeightedAverageNumberOfSharesCommonStockSubjectToRepurchaseOrCancellation 148,850,000us-gaap_WeightedAverageNumberOfSharesCommonStockSubjectToRepurchaseOrCancellation 148,850,000us-gaap_WeightedAverageNumberOfSharesCommonStockSubjectToRepurchaseOrCancellation  
XML 22 R12.htm IDEA: XBRL DOCUMENT v2.4.1.9
Income Taxes
 9 Months Ended
Apr. 30, 2015
Income Tax Disclosure [Abstract]  
Income Taxes

Note 7: Income Taxes

The company has not commenced operations and has not generated any revenue and has not made a provision for income taxes.

The Company’s statutory tax rate is 35%.

The Company does not have any material uncertainties with respect to its provisions for income taxes.
XML 23 R11.htm IDEA: XBRL DOCUMENT v2.4.1.9
Capital Stock
 9 Months Ended
Apr. 30, 2015
Equity [Abstract]  
Capital Stock

Note 6: Capital Stock

On July 14, 2006, the Company sold 5,000,000 common shares at $0.001 per share to the sole director of the Company for total proceeds of $5,000.

On May 6, 2007, the Company sold 2,100,000 common shares pursuant to a registration statement at $0.01 per share for total proceeds of $21,000.

On April 22, 2008, the Company approved a forward split of a 15 for 2 forward stock split to the stockholders of record as of April 23, 2008. The Company increased the authorized shares from 50,000,000 to 75,000,000. The Company did not change the par value of the shares. All references to share value in these financial statements have been restated to reflect this split. Subsequent to the forward split, the Company had 53,250,000 common shares issued and outstanding.

On November 12, 2009, the Company sold 4,000,000 common shares at $ 0.0125 per share to an investor for total proceeds of $50,000.

On December 15, 2009, the Company authorized a Forward Stock Split of issued and outstanding Common Stock on a 2.6 for one (2.6:1) basis. As a result of the Forward Stock Split, the Company increased its issued and outstanding shares of Common Stock to 148,850,000.

As of April 30, 2015 there were no outstanding stock options or warrants.
XML 24 R15.htm IDEA: XBRL DOCUMENT v2.4.1.9
Capital Stock (Details Narrative) (USD $)
Apr. 30, 2015
Jul. 31, 2014
Dec. 15, 2009
Nov. 12, 2009
Apr. 23, 2008
Apr. 22, 2008
May 06, 2007
Jul. 14, 2006
Equity [Abstract]                
[us-gaap:CommonStockSharesIssued]             2,100,000us-gaap_CommonStockSharesIssued 5,000,000us-gaap_CommonStockSharesIssued
[us-gaap:CommonStockParOrStatedValuePerShare] $ 0.001us-gaap_CommonStockParOrStatedValuePerShare $ 0.001us-gaap_CommonStockParOrStatedValuePerShare   $ 0.0125us-gaap_CommonStockParOrStatedValuePerShare     $ 0.01us-gaap_CommonStockParOrStatedValuePerShare $ 0.001us-gaap_CommonStockParOrStatedValuePerShare
[us-gaap:CommonStockSharesSubscriptions]       $ 50,000us-gaap_CommonStockSharesSubscriptions     $ 21,000us-gaap_CommonStockSharesSubscriptions $ 5,000us-gaap_CommonStockSharesSubscriptions
[us-gaap:CommonStockSharesAuthorized] 50,000,000us-gaap_CommonStockSharesAuthorized 50,000,000us-gaap_CommonStockSharesAuthorized     75,000,000us-gaap_CommonStockSharesAuthorized 50,000,000us-gaap_CommonStockSharesAuthorized    
[us-gaap:CommonStockSharesOutstanding] 148,850,000us-gaap_CommonStockSharesOutstanding 148,850,000us-gaap_CommonStockSharesOutstanding 148,850,000us-gaap_CommonStockSharesOutstanding   53,250,000us-gaap_CommonStockSharesOutstanding      
[us-gaap:CommonStockSharesSubscribedButUnissued]       4,000,000us-gaap_CommonStockSharesSubscribedButUnissued        
XML 25 R13.htm IDEA: XBRL DOCUMENT v2.4.1.9
Going Concern
 9 Months Ended
Apr. 30, 2015
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Going Concern

Note 8: Going Concern

The accompanying financial statements and notes have been prepared assuming that the Company will continue as a going concern.

The Company’s ability to continue as a going concern is dependent upon the Company’s ability to generate sufficient revenues to operate profitably or raise additional capital through debt financing and/or through sales of common stock.

Management has no formal plan in place to address these concerns, but believes that the Company will be able to obtain additional funds through equity financing and/or related party advances.

The failure to achieve the necessary levels of profitability or obtain the additional funding would be detrimental to the Company.
XML 26 R14.htm IDEA: XBRL DOCUMENT v2.4.1.9
Related Party Transactions (Details Narrative) (USD $)
Apr. 30, 2015
Jul. 31, 2014
Aug. 01, 2009
Related Party Transactions [Abstract]      
[us-gaap:LoansAndLeasesReceivableRelatedParties] $ 15,937us-gaap_LoansAndLeasesReceivableRelatedParties $ 15,937us-gaap_LoansAndLeasesReceivableRelatedParties $ 15,937us-gaap_LoansAndLeasesReceivableRelatedParties
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Statements of Cash Flows (USD $)
 9 Months Ended 108 Months Ended
Apr. 30, 2014
Apr. 30, 2015
Cash flow from Operating Activities    
Net loss $ 5,902us-gaap_NetIncomeLoss $ 171,414us-gaap_NetIncomeLoss
Adjustments to reconcile net loss to net cash used in operating activities:    
Accrued Interest      
Notes Payable 5,700us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities 79,477us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
Shareholder loan    15,937us-gaap_IncreaseDecreaseInNotesPayableRelatedParties
Net cash used for operating activities (202)us-gaap_NetCashProvidedByUsedInOperatingActivities (76,000)us-gaap_NetCashProvidedByUsedInOperatingActivities
Financing Activities    
Additional Paid in Capital 202us-gaap_ProceedsFromContributionsFromParent 64,900us-gaap_ProceedsFromContributionsFromParent
Proceeds from shareholder loan      
Proceeds from sale of common stock    11,100us-gaap_ProceedsFromIssuanceOfCommonStock
Net cash provided by financing activities 202us-gaap_NetCashProvidedByUsedInFinancingActivities 76,000us-gaap_NetCashProvidedByUsedInFinancingActivities
Net change in cash      
Cash, Beginning of Period      
Cash, End of Period      
XML 29 R10.htm IDEA: XBRL DOCUMENT v2.4.1.9
Related Party Transactions
 9 Months Ended
Apr. 30, 2015
Related Party Transactions [Abstract]  
Related Party Transactions

Note 5: Related Party Transactions

An officer has loaned the Company $15,937 on August 1, 2009, without a fixed term of repayment and no interest.
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Shorter duration columns must have at least one fourth (3) as many values. Column '8/1/2014 - 4/30/2015' is shorter (272 days) and has only 2 values, so it is being removed. Columns in Cash Flows statement 'Statements of Cash Flows (USD $)' have maximum duration 3300 days and at least 12 values. Shorter duration columns must have at least one fourth (3) as many values. Column '2/1/2014 - 4/30/2014' is shorter (88 days) and has only 1 values, so it is being removed. Columns in Cash Flows statement 'Statements of Cash Flows (USD $)' have maximum duration 3300 days and at least 12 values. Shorter duration columns must have at least one fourth (3) as many values. Column '2/1/2015 - 4/30/2015' is shorter (88 days) and has only 1 values, so it is being removed. Element us-gaap:Cash in context AsOf2014-07-31 was not presented. Element us-gaap:CashPeriodIncreaseDecrease in context From2014-08-01to2015-04-30 was not presented. Element us-gaap:IncreaseDecreaseInAccountsPayableAndAccruedLiabilities in context From2014-08-01to2015-04-30 was not presented. Element us-gaap:IncreaseDecreaseInNotesPayableRelatedParties in context From2014-08-01to2015-04-30 was not presented. Element us-gaap:InterestExpenseOther in context From2014-08-01to2015-04-30 was not presented. Element us-gaap:NetCashProvidedByUsedInFinancingActivities in context From2014-08-01to2015-04-30 was not presented. Element us-gaap:NetCashProvidedByUsedInOperatingActivities in context From2014-08-01to2015-04-30 was not presented. Element us-gaap:ProceedsFromContributionsFromParent in context From2014-08-01to2015-04-30 was not presented. Element us-gaap:ProceedsFromIssuanceOfCommonStock in context From2014-08-01to2015-04-30 was not presented. Element us-gaap:ProceedsFromLoans in context From2014-08-01to2015-04-30 was not presented. 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Uncategorized Items
7/31/2014
USD ($)
8/1/2014 - 4/30/2015
USD ($)
[us-gaap_Cash]
     
[us-gaap_CashPeriodIncreaseDecrease]
     
[us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities]
   1,725
[us-gaap_IncreaseDecreaseInNotesPayableRelatedParties]
     
[us-gaap_InterestExpenseOther]
     
[us-gaap_NetCashProvidedByUsedInFinancingActivities]
     
[us-gaap_NetCashProvidedByUsedInOperatingActivities]
     
[us-gaap_ProceedsFromContributionsFromParent]
     
[us-gaap_ProceedsFromIssuanceOfCommonStock]
     
[us-gaap_ProceedsFromLoans]