10-Q

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549

Form 10-Q

(Mark one)

x Quarterly Report under Section 13 or 15(d) of the Securities Exchange Act of 1934 

For the quarterly period ended September 30, 2016

¨ Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

For the transition period from ______________ to _____________

Commission File Number: 0-53900

Renewable Energy Acquisition Corp.

(Exact name of registrant as specified in its charter)

Nevada	74-3219044
(State of incorporation)	(IRS Employer ID Number)

10935 57^th Avenue North, Plymouth, MN 55442

(Address of principal executive offices)

(952) 541-1155

(Issuer's telephone number)

Indicate by check mark whether the registrant (1) filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934, as amended, during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. YES x NO ¨

Indicate by check mark whether the registrant 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 (§232.405 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. (Check one):

Large accelerated filer¨	Accelerated filer¨
Non-accelerated filer¨	Smaller reporting companyx

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act): YES x NO¨

State the number of shares outstanding of each of the issuer's classes of common equity as of the latest practicable date: November 1, 2016: 700,000 shares of common stock, par value $0.0001

Renewable Energy Acquisition Corp.

Form 10-Q for the Quarter ended September 30, 2016

Table of Contents

	Page
Part I - Financial Information
Item 1 - Financial Statements	3
Item 2 - Management's Discussion and Analysis of Financial Condition and Plan of Operations	11
Item 3 - Quantitative and Qualitative Disclosures About Market Risk	13
Item 4 - Controls and Procedures	13
Part II - Other Information
Item 6 - Exhibits	14
Signatures	14

2

Part I - Financial Information

Item 1 - Financial Statements

Renewable Energy Acquisition Corp.

Balance Sheets

September 30, 2016 and December 31, 2015

(Unaudited)

	September 30,			December 31,
	2016			2015
ASSETS
Current Assets
Cash and cash equivalents	$	2,695		$	633
Prepaid expenses		200			-
Total Assets	$	2,895		$	633
LIABILITIES AND STOCKHOLDERS' DEFICIT
Current Liabilities
Accounts payable - trade	$	3,134		$	12,178
Notes payable to stockholders		61,894			42,920
Due to related party		2,500			-
Accrued interest payable to stockholders		2,332			1,269
Total Liabilities		69,860			56,367
Commitments and Contingencies
Stockholders' Deficit
Preferred stock - $0.001 par value 5,000,000 shares authorized None issued and outstanding		-			-
Common stock - $0.0001 par value 5,000,000 shares authorized 700,000 and 162,375 shares issued and outstanding, respectively		70			16
Additional paid-in capital		62,326			55,434
Accumulated deficit		(129,361	)		(111,184	)
Total Stockholders' Deficit		(66,965	)		(55,734	)
Total Liabilities and Stockholders’ Deficit	$	2,895		$	633

The accompanying notes are an integral part of these financial statements.

3

Renewable Energy Acquisition Corp.

Statements of Operations

Nine and Three months ended September 30, 2016 and 2015

(Unaudited)

	Nine months			Nine months			Three months			Three months
	ended			ended			ended			ended
	September 30,			September 30,			September 30,			September 30,
	2016			2015			2016			2015
Revenues	$	-		$	-		$	-		$	-
Operating expenses
Professional fees		10,974			14,055			3,729			6,016
Other expenses		4,298			4,377			1,393			1,475
Total operating expenses		15,272			18,432			5,122			7,491
Loss from operations		(15,272	)		(18,432	)		(5,122	)		(7,491	)
Other income (expense)
Miscellaneous income		600			7,500			-			5,000
Interest expense
Other		(1,194	)		-			(322	)		-
Notes payable to stockholders		(2,311	)		(1,617	)		(431	)		(603	)
Loss before provision for income taxes		(18,177	)		(12,549	)		(5,875	)		(3,094	)
Provision for income taxes		-			-			-			-
Net loss	$	(18,177	)	$	(12,549	)	$	(5,875	)	$	(3,094	)
Loss per common share - basic and diluted	$	(0.11	)	$	(0.08	)	$	(0.03	)	$	(0.02	)
Weighted-average number of shares of common stock outstanding - basic and diluted		172,186			162,375			191,594			162,375

The accompanying notes are an integral part of these financial statements.

4

Renewable Energy Acquisition Corp.

Statements of Cash Flows

Nine months ended September 30, 2016 and 2015

(Unaudited)

	Nine months			Nine months
	ended			ended
	September 30,			September 30,
	2016			2015
Cash Flows from Operating Activities
Net loss	$	(18,177	)	$	(12,549	)
Adjustments to reconcile net loss to net cash used in operating activities
Interest expense contributed as capital by stockholders		1,570			980
Changes in operating assets and liabilities:
Prepaid expenses		(200	)		-
Accounts payable - trade		(9,044	)		3,835
Accrued interest payable		3,563			637
Net cash used in operating activities		(22,288	)		(7,097	)
Cash Flows from Investing Activities		-			-
Cash Flows from Financing Activities
Cash received from notes payable to stockholders		24,350			8,000
Net cash provided by financing activities		24,350			8,000
Increase in Cash		2,062			903
Cash at beginning of period		633			1,633
Cash at end of period	$	2,695		$	2,536
Supplemental Disclosure of Interest and Income Taxes Paid
Interest paid during the period	$	-		$	-
Income taxes paid during the period	$	-		$	-
Supplemental Disclosure of Non-Cash Investing and Financing Activities	$	-		$	-

The accompanying notes are an integral part of these financial statements.

5

Renewable Energy Acquisition Corp.

Notes to Financial Statements

(Unaudited)

Note A - Background and Description of Business

Renewable Energy Acquisition Corp. (Company) was incorporated on June 21, 2007 under the laws of the State of Nevada.

The Company was formed as a blank check company to effect a merger, capital stock exchange, asset acquisition or other similar business combination with an operating business in either the renewable energy or the environmental industry and their related infrastructures. To date, the Company’s efforts have been limited to organizational activities.

Note B - Preparation of Financial Statements

The Company follows the accrual basis of accounting in accordance with generally accepted accounting principles and has elected a year-end of December 31.

The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.

Management further acknowledges that it is solely responsible for adopting sound accounting practices, establishing and maintaining a system of internal accounting control and preventing and detecting fraud. The Company’s system of internal accounting control is designed to assure, among other items, that 1) recorded transactions are valid; 2) valid transactions are recorded; and 3) transactions are recorded in the proper period in a timely manner to produce financial statements which present fairly the financial condition, results of operations and cash flows of the Company for the respective periods being presented

For segment reporting purposes, the Company operated in only one industry segment during the periods represented in the accompanying financial statements and makes all operating decisions and allocates resources based on the best benefit to the Company as a whole.

During interim periods, the Company follows the accounting policies set forth in its annual audited financial statements filed with the U. S. Securities and Exchange Commission on its Annual Report on Form 10-K for the year ended December 31, 2015. The information presented within these interim financial statements may not include all disclosures required by accounting principles generally accepted in the United States of America and the users of financial information provided for interim periods should refer to the annual financial information and footnotes when reviewing the interim financial results presented herein.

In the opinion of management, the accompanying interim financial statements, prepared in accordance with the U. S. Securities and Exchange Commission’s instructions for Form 10-Q, are unaudited and contain all material adjustments, consisting only of normal recurring adjustments necessary to present fairly the financial condition, results of operations and cash flows of the Company for the respective interim periods presented. The current period results of operations are not necessarily indicative of results which ultimately will be reported for the full fiscal year ending December 31, 2016.

6

Renewable Energy Acquisition Corp.

Notes to Financial Statements

(Unaudited)

Note C - Going Concern Uncertainty

The Company was formed to effect a merger, capital stock exchange, asset acquisition or other similar business combination with an operating business in either the renewable energy or the environmental industry and their related infrastructures. To date, the Company’s efforts have been limited to organizational activities. There is no assurance that the Company will be able to successful in the implementation of this business plan.

The Company has no operating history, limited cash on hand, no operating assets and has a business plan with inherent risk. Because of these factors, the Company’s auditors have issued an audit opinion on the Company’s financial statements which includes a statement describing our going concern status. This means, in the auditor’s opinion, substantial doubt about our ability to continue as a going concern exists at the date of their opinion.

The Company’s current management anticipates that the initial capitalization will be sufficient to maintain the corporate status of the Company for the immediate future. Because of the Company's lack of operating assets, the Company’s continuance may become fully dependent upon either future sales of securities and/or advances or loans from significant stockholders or corporate officers to provide sufficient working capital to preserve the integrity of the corporate entity during the development phase.

The Company's continued existence is dependent upon its ability to implement its business plan, generate sufficient cash flows from operations to support its daily operations, and provide sufficient resources to retire existing liabilities and obligations on a timely basis. The Company faces considerable risk in its business plan and a potential shortfall of funding due to our uncertainty to raise adequate capital in the equity securities market.

The Company is dependent upon existing cash balances to support its day-to-day operations. In the event that working capital sufficient to maintain the corporate entity and implement our business plan is not available, the Company’s existing controlling stockholders intend to maintain the corporate status of the Company and provide all necessary working capital support on the Company's behalf. However, no formal commitments or arrangements to advance or loan funds to the Company or repay any such advances or loans exist. There is no legal obligation for either management or existing controlling stockholders to provide additional future funding. Further, the Company is at the mercy of future economic trends and business operations for the Company’s existing controlling stockholders to have the resources available to support the Company.

The Company anticipates offering future sales of equity securities. However, there is no assurance that the Company will be able to obtain additional funding through the sales of additional equity securities or, that such funding, if available, will be obtained on terms favorable to or affordable by the Company.

The Company’s Articles of Incorporation authorizes the issuance of up to 5,000,000 million shares of preferred stock and 5,000,000 shares of common stock. The Company’s ability to issue preferred stock may limit the Company’s ability to obtain debt or equity financing as well as impede the implementation of the Company’s business plan. The Company’s ability to issue these authorized but unissued securities may also negatively impact our ability to raise additional capital through the sale of our debt or equity securities.

In such a restricted cash flow scenario, the Company would be unable to complete its business plan steps, and would, instead, delay all cash intensive activities. Without necessary cash flow, the Company may become dormant during the next twelve months, or until such time as necessary funds could be raised in the equity securities market.

While the Company is of the opinion that good faith estimates of the Company’s ability to secure additional capital in the future to reach its goals have been made, there is no guarantee that the Company will receive sufficient funding to sustain operations or implement any future business plan steps.

7

Renewable Energy Acquisition Corp.

Notes to Financial Statements

(Unaudited)

Note D - Summary of Significant Accounting Policies

1. Cash and cash equivalents

The Company considers all cash on hand and in banks, certificates of deposit and other highly-liquid investments with maturities of three months or less, when purchased, to be cash and cash equivalents.

2. Organization costs

The Company has adopted the provisions of provisions required by the Start-Up Activities topic of the FASB Accounting Standards Codification whereby all costs incurred with the incorporation and reorganization, post-bankruptcy, of the Company were charged to operations as incurred.

3. Income taxes

The Company files income tax returns in the United States of America and various states, as appropriate and applicable. The Company is no longer subject to U.S. federal, state and local, as applicable, income tax examinations by regulatory taxing authorities for any period prior to January 1, 2014. However, the Company does not anticipate any examinations of returns filed subsequent to December 31, 2013.

The Company uses the asset and liability method of accounting for income taxes. At September 30, 2016 and December 31, 2015, respectively, the deferred tax asset and deferred tax liability accounts, as recorded when material to the financial statements, are entirely the result of temporary differences. Temporary differences generally represent differences in the recognition of assets and liabilities for tax and financial reporting purposes, primarily accumulated depreciation and amortization, allowance for doubtful accounts and vacation accruals.

The Company has adopted the provisions required by the Income Taxes topic of the FASB Accounting Standards Codification. The Codification Topic requires the recognition of potential liabilities as a result of management’s acceptance of potentially uncertain positions for income tax treatment on a “more-likely-than-not” probability of an assessment upon examination by a respective taxing authority. As a result of the requirements of the Codification’s Income Tax Topic, the Company has not incurred any liability for potentially uncertain positions for income tax treatment of economic events in the accompanying financial statements.

4. Income (loss) per share

Basic earnings (loss) per share is computed by dividing the net income (loss) available to common stockholders by the weighted-average number of common shares outstanding during the respective period presented in our accompanying financial statements.

Fully diluted earnings (loss) per share is computed similar to basic income (loss) per share except that the denominator is increased to include the number of common stock equivalents (primarily outstanding options and warrants).

Common stock equivalents represent the dilutive effect of the assumed exercise of the outstanding stock options and warrants, using the treasury stock method, at either the beginning of the respective period presented or the date of issuance, whichever is later, and only if the common stock equivalents are considered dilutive based upon the Company’s net income (loss) position at the calculation date.

8

Renewable Energy Acquisition Corp.

Notes to Financial Statements

(Unaudited)

As of September 30, 2016 and 2015, respectively, the Company does not have any outstanding items which could be deemed to be dilutive.

5. New and Pending Accounting Pronouncements

The Company is of the opinion that any and all pending accounting pronouncements, either in the adoption phase or not yet required to be adopted, will not have a significant impact on the Company's financial position or results of operations.

6. Subsequent Events

Management has evaluated all activity of the Company through the issue date of the financial statements disclosure purposes.

Note E - Fair Value of Financial Instruments

The carrying amount of cash, accounts receivable, accounts payable and notes payable, as applicable, approximates fair value due to the short term nature of these items and/or the current interest rates payable in relation to current market conditions.

Interest rate risk is the risk that the Company’s earnings are subject to fluctuations in interest rates on either investments or on debt and is fully dependent upon the volatility of these rates. The Company does not use derivative instruments to moderate its exposure to interest rate risk, if any.

Financial risk is the risk that the Company’s earnings are subject to fluctuations in interest rates or foreign exchange rates and are fully dependent upon the volatility of these rates. The Company does not use derivative instruments to moderate its exposure to financial risk, if any.

Note F – Due to Related Party

During the nine months ended September 30, 2016, a stockholder paid $2,500 on behalf of the Company. The amount was repaid in October 2016.

Note G - Notes Payable to Stockholders

During 2015, two separate stockholders loaned an additional aggregate $11,000 in cash to the Company to support operations. These notes are due upon demand and bear interest at 6.0% per annum. On September 23, 2016, the Company issued to one of the stockholders 537,625 shares of the Company’s common stock, par value $0.0001, in conversion and cancellation of $5,376 of note payment obligations owed by the Company to the stockholder.

During 2016, one stockholder loaned an additional aggregate $24,350 in cash to the Company to support operations. These advances are due upon demand and bear interest at 6.0% per annum.

The Company has accrued interest payable to these stockholders aggregating approximately $2,332 and $1,269 as of September 30, 2016 and December 31, 2015, respectively.

9

Renewable Energy Acquisition Corp.

Notes to Financial Statements

(Unaudited)

As of September 30, 2016 and December 31, 2015, the outstanding aggregate balances payable to stockholders were as follows:

	September 30,		December 31,
	2016		2015
Notes payable	$	61,894	$	42,920
Accrued interest payable		2,332		1,269
Total due stockholders	$	64,226	$	44,189

The Company has recognized an aggregate of approximately $1,194 and $906, respectively, in interest expense for each of the nine-month periods ended September 30, 2016 and 2015 as additional paid-in capital for the economic event (calculated at an imputed interest rate of 6.0% per annum) related to the non-interest bearing feature on the aforementioned notes payable to stockholders.

Note H - Contingency

During 2015, the Company accepted an aggregate $7,500 in “stand still” payments from an unrelated third party in anticipation of conducting the appropriate due diligence and to negotiate in good faith an agreement related to a potential acquisition. In addition, the Company agreed to not enter into discussions or negotiations with any other acquisition target for a period of at least 30 days.

During the first quarter of 2016, the Company received an additional $600 in “stand still” payments related to the aforementioned transaction.

As of the release date of this report, the Company has no definitive agreement or other arrangement related to any potential acquisition or business combination transaction.

Note I – Common Stock

On September 21, 2016 the Company decreased the number of shares and par value of the authorized common stock of the Company from 50,000,000 shares, par value $0.001 per share, to 5,000,000 authorized shares of common stock, par value $0.0001, as a result of a 1-for-10 reverse split of its common stock. All share amounts have been restated retroactively to reflect the impacts of the reverse stock split.

On September 23, 2016, the Company issued to a stockholder 537,625 shares of the Company’s common stock, par value $0.0001, in conversion and cancellation of $5,376 of note payment obligations owed by the Company to the stockholder.

10

Item 2 - Management’s Discussion and Analysis of Financial Condition and Results of Operations

(1) Caution Regarding Forward-Looking Information

Certain statements contained in this annual filing, including, without limitation, statements containing the words "believes", "anticipates", "expects" and words of similar import, constitute forward-looking statements. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the Company, or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements.

Such factors include, among others, the following: international, national and local general economic and market conditions: demographic changes; the ability of the Company to sustain, manage or forecast its growth; the ability of the Company to successfully make and integrate acquisitions; existing government regulations and changes in, or the failure to comply with, government regulations; adverse publicity; competition; fluctuations and difficulty in forecasting operating results; changes in business strategy or development plans; business disruptions; the ability to attract and retain qualified personnel; and other factors referenced in this and previous filings.

Given these uncertainties, readers of this Form 10-Q and investors are cautioned not to place undue reliance on such forward-looking statements. The Company disclaims any obligation to update any such factors or to publicly announce the result of any revisions to any of the forward-looking statements contained herein to reflect future events or developments.

(2) General

Renewable Energy Acquisition Corp. (the “Company”) was incorporated on June 21, 2007 under the laws of the State of Nevada.

The Company was formed to effect a merger, capital stock exchange, asset acquisition or other similar business combination with an operating business in either the renewable energy or the environmental industry and their related infrastructures. To date, our efforts have been limited to organizational activities.

(3) Results of Operations

The Company had no revenue for either of the nine or three-month periods ended September 30, 2016 and 2015, respectively.

Operating expenses of $10,974 and $14,055 for the nine-month periods ended September 30, 2016 and 2015, respectively, were directly related to maintaining the corporate entity, investigating opportunities pursuant to the Company’s business plan and continued compliance with the periodic reporting requirements of the Securities Exchange Act of 1934, as amended.

The Company may or may not experience increases in expenses in future periods as the Company explores various options for the implementation of its business plan. However, at this time, the Company has not executed or consummated any definitive agreements with any identified business combination target. Further, it is anticipated that future expenditure levels may increase as the Company intends to fully comply with its periodic reporting requirements.

The Company does not expect to generate any meaningful revenue or incur operating expenses for purposes other than fulfilling the obligations of a reporting company under the Securities Exchange Act of 1934 unless and until such time that the Company acquires or participates in a business with revenue producing activities.

Miscellaneous income of $600 and $7,500 for the nine-month periods ended September 30, 2016 and 2015, respectively, is attributable to “stand still” payment from an unrelated third party in anticipation of effectuating a potential acquisition, which was subsequently abandoned. This income is not expected to recur in future periods.

11

Loss per share for the nine-month periods ended September 30, 2016 and 2015 were $(0.11) and $(0.08), respectively, based on the weighted-average shares issued and outstanding at the end of each such period.

(4) Plan of Business

We were organized as a vehicle to investigate and, if such investigation warrants, acquire a target company or business seeking the advantages of being a publicly held corporation. We file reports with the Securities and Exchange Commission as a result of registering our common stock under Section 12(g) of the Securities Exchange Act of 1934, as amended (the “Exchange Act”). After the consummation of a business combination with an operating company, the surviving company resulting from the transaction will continue to be subject to the reporting requirements of the Exchange Act. Although an operating company may choose to effectuate a business combination with a company that is trading on the OTC Bulletin Board in order to become public, the terms of such a transaction to the operating company may not be as favorable as those available from us as a non-trading reporting company. Therefore, we believe that we may be attractive to a private operating company seeking to become public.

We were formed as a vehicle to pursue a merger, capital stock exchange, asset acquisition or other similar business combination with an operating business in either the renewable energy or the environmental industries and their related infrastructures. Nevertheless, we are not restricted from pursuing an opportunity in any industry at the discretion of the board of directors. The renewable energy industry and its related infrastructure generally includes the production, generation, transmission and distribution of electricity, heat, fuel and other consumable forms of energy through the utilization of renewable fuel sources such as, but not limited to, geothermal, biofuels, synfuels, wind, ocean waves, "clean coal," and waste stream pyrolysis; and the infrastructure needed to maintain and operate the facilities, services and installations used in the foregoing areas.

Although we may consider a target business in any segment of any industry, we currently intend to concentrate our search for an acquisition candidate on companies in the following segments:

· Wind electric generation, distribution and transmission;

· Solar power;

· Co-generation;

· Bio-mass;

· Synthetic gas production, distribution and transmission;

· Energy efficiency and energy conservation related products and services;

· Alternative transportation technologies;

· Steam generation and distribution;

· Alternative transportation technologies;

· Energy storage technologies;

· Other alternative and renewable energy technologies; and

· The development, installation, financing, or manufacturing of any of the above.

We have a nominal amount of capital and will depend on our directors to provide us with the necessary funds to implement our business plan. We intend to seek opportunities demonstrating the potential of long-term growth as opposed to short-term earnings.

The analysis of new business opportunities will be undertaken by or under the supervision of our officers and directors. Our officers and directors will devote approximately 20 hours per month on average to searching for a target company until an acquisition candidate is identified and the transaction closed. However, we believe that business opportunities may also come to our attention from various sources, including, professional advisors such as attorneys, and accountants, securities broker-dealers, venture capitalists, members of the financial community and others who may present unsolicited proposals. We have no plan, understanding, agreements, or commitments with any individual for such person to act as a finder of opportunities for us. We can give no assurances that we will be successful in finding or acquiring a desirable business opportunity, given the limited funds that are expected to be available to us for implementation of our business plan. Furthermore, we can give no assurances that any acquisition, if it occurs, will be on terms that are favorable to us or our current stockholders.

12

During the next 12 months, we anticipate incurring costs related to filing of periodic reports under the Exchange Act, seeking a prospective business acquisition and, if an attractive prospect is located, pursuing completion of an acquisition.

(5) Liquidity and Capital Resources

At September 30, 2016 and December 31, 2015, the Company had working capital deficits of $66,965 and $55,734, respectively, including notes payable to stockholders of $61,894 and $42,920 in each respective period.

The Company currently has limited cash on hand, no operating assets and a business plan with inherent risk. Because of these factors, the Company’s auditors have issued an audit opinion on the Company’s annual financial statements that includes a statement describing our going concern status. This means, in the auditor’s opinion, substantial doubt about our ability to continue as a going concern exists at the date of their opinion.

It is the belief of management and significant stockholders that, should the need arise, they will provide sufficient working capital necessary to support and preserve the corporate existence and continue to file reports with the Securities and Exchange Commission. However, there is no legal obligation for either management or significant stockholders to provide additional funding, so there is no assurance these persons will have the inclination or the financial resources to support the Company going forward. Should management and significant stockholders fail to provide additional financing, the Company has not identified any alternative sources. Consequently, there is substantial doubt about the Company's ability to continue as a going concern.

The Company's need for working capital may change dramatically as a result of any business acquisition or combination transaction. There can be no assurance that the Company will identify any such business, product, technology or company suitable for acquisition in the future. Further, there can be no assurance that the Company would be successful in consummating any acquisition on favorable terms or that it will be able to profitably manage the business, product, technology or company it acquires.

(6) Critical Accounting Policies

Our financial statements and related public financial information are based on the application of accounting principles generally accepted in the United States (“GAAP”). GAAP requires the use of estimates; assumptions, judgments and subjective interpretations of accounting principles that have an impact on the assets, liabilities, revenue and expense amounts reported. These estimates can also affect supplemental information contained in our external disclosures including information regarding contingencies, risk and financial condition. We believe our use of estimates and underlying accounting assumptions adhere to GAAP and are consistently and conservatively applied. We base our estimates on historical experience and on various other assumptions that we believe to be reasonable under the circumstances. Actual results may differ materially from these estimates under different assumptions or conditions. We continue to monitor significant estimates made during the preparation of our financial statements.

Our significant accounting policies are summarized in Note D of our financial statements. While all these significant accounting policies impact our financial condition and results of operations, we view certain of these policies as critical. Policies determined to be critical are those policies that have the most significant impact on our financial statements and require management to use a greater degree of judgment and estimates. Actual results may differ from those estimates. Our management believes that given current facts and circumstances, it is unlikely that applying any other reasonable judgments or estimate methodologies would cause effect on our consolidated results of operations, financial position or liquidity for the periods presented in this report.

Item 3 - Quantitative and Qualitative Disclosures About Market Risk

Not required of a smaller reporting company.

Item 4 - Controls and Procedures

(a) Evaluation of Disclosure Controls and Procedures

13

Our management, under the supervision and with the participation of our Chief Executive and Financial Officer (Certifying Officer), has evaluated the effectiveness of our disclosure controls and procedures as defined in Rules 13a-15 promulgated under the Exchange Act as of the end of the period covered by this Quarterly Report. Disclosure controls and procedures are controls and procedures designed to ensure that information required to be disclosed in our reports filed or submitted under the Exchange Act is recorded, processed, summarized and reported within the time periods specified in the Commission’s rules and forms and include controls and procedures designed to ensure that information we are required to disclose in such reports is accumulated and communicated to management, including our Certifying Officer, as appropriate, to allow timely decisions regarding required disclosure. Based upon that evaluation, our Certifying Officer concluded that as of such date, our disclosure controls and procedures were not effective to ensure that the information required to be disclosed by us in our reports is recorded, processed, summarized and reported within the time periods specified by the SEC due to an inherent weakness in our internal controls over financial reporting due to our status as a shell corporation and having a sole supervising officer. However, our Certifying Officer 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 respective periods presented.

(b) Changes in Internal Controls

There were no significant changes (including corrective actions with regard to significant deficiencies or material weaknesses) in our internal controls over financial reporting that occurred during the quarter ended September 30, 2016 that has materially affected, or is reasonably likely to materially affect, our internal control over financial reporting.

Part II - Other Information

Item 6 - Exhibits

31.1	Certification pursuant to Section 302 of Sarbanes-Oxley Act of 2002
32.1	Certification pursuant to Section 906 of Sarbanes-Oxley Act of 2002
101	Interactive data files pursuant to Rule 405 of Regulation S-T.

SIGNATURES

In accordance with the requirements of the Exchange Act, the registrant caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

		Renewable Energy Acquisition Corp.
Dated:	November 14, 2016	/s/ Craig S. Laughlin
		Craig S. Laughlin
		President, Chief Executive Officer,
		Chief Financial Officer and Director

14

EX-31

Exhibit No. 31.1

Certification

I, Craig S. Laughlin, certify that:

1. I have reviewed this quarterly report on Form 10-Q of Renewable Energy Acquisition 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. I am 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 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.

Date: November 14, 2016	By:	/s/Craig S. Laughlin
	Craig S. Laughlin, Chief Executive Officer and
	Chief Financial Officer

EX-32

Exhibit No. 32.1

Certification Pursuant to 18 U.S.C. Section 1350, as Adopted

Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002

In connection with the Quarterly Report of Renewable Energy Acquisition Corp. (the “Company”) on Form 10-Q for the period ending September 30, 2016 as filed with the Securities and Exchange Commission on the date hereof (the “Report”), I, Craig S. Laughlin, certify pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, that:

(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: November 14, 2016	By:	/s/Craig S. Laughlin
	Craig S. Laughlin, Chief Executive Officer and
	Chief Financial Officer

A signed original of this written statement required by Section 906 has been provided to Renewable Energy Acquisition Corp., and will be retained by Renewable Energy Acquisition Corp., and furnished to the Securities and Exchange Commission or its staff upon request. The foregoing certificate is being furnished solely pursuant to 18 U.S.C. Section 1350 and is not being filed as a part of the Report or as a separate disclosure document.

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Document And Entity Information - shares	9 Months Ended
	Sep. 30, 2016	Nov. 01, 2016
Document Information [Line Items]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Sep. 30, 2016
Document Fiscal Year Focus	2016
Document Fiscal Period Focus	Q3
Entity Registrant Name	Renewable Energy Acquisition Corp.
Entity Central Index Key	0001418302
Current Fiscal Year End Date	--12-31
Entity Filer Category	Smaller Reporting Company
Trading Symbol	REAC
Entity Common Stock, Shares Outstanding		700,000

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Balance Sheets - USD ($)	Sep. 30, 2016	Dec. 31, 2015
Current Assets
Cash and cash equivalents	$ 2,695	$ 633
Prepaid expenses	200	0
Total Assets	2,895	633
Current Liabilities
Accounts payable - trade	3,134	12,178
Notes payable to stockholders	61,894	42,920
Due to related party	2,500	0
Accrued interest payable to stockholders	2,332	1,269
Total Liabilities	69,860	56,367
Commitments and Contingencies
Stockholders' Deficit
Preferred stock - $0.001 par value 5,000,000 shares authorized None issued and outstanding	0	0
Common stock - $0.0001 par value 5,000,000 shares authorized 700,000 and 162,375 shares issued and outstanding, respectively	70	16
Additional paid-in capital	62,326	55,434
Accumulated deficit	(129,361)	(111,184)
Total Stockholders' Deficit	(66,965)	(55,734)
Total Liabilities and Stockholders’ Deficit	$ 2,895	$ 633

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Balance Sheets [Parenthetical] - $ / shares	Sep. 30, 2016	Dec. 31, 2015
Preferred stock, par value (in dollars per share)	$ 0.001	$ 0.001
Preferred Stock, Shares Authorized	5,000,000	5,000,000
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	5,000,000	5,000,000
Common Stock, Shares, Issued	700,000	162,375
Common Stock, Shares, Outstanding	700,000	162,375

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Statements of Operations - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Revenues	$ 0	$ 0	$ 0	$ 0
Operating expenses
Professional fees	3,729	6,016	10,974	14,055
Other expenses	1,393	1,475	4,298	4,377
Total operating expenses	5,122	7,491	15,272	18,432
Loss from operations	(5,122)	(7,491)	(15,272)	(18,432)
Other income (expense)
Miscellaneous income	0	5,000	600	7,500
Interest expense
Other	(322)	0	(1,194)	0
Notes payable to stockholders	(431)	(603)	(2,311)	(1,617)
Loss before provision for income taxes	(5,875)	(3,094)	(18,177)	(12,549)
Provision for income taxes	0	0	0	0
Net loss	$ (5,875)	$ (3,094)	$ (18,177)	$ (12,549)
Loss per common share - basic and diluted	$ (0.03)	$ (0.02)	$ (0.11)	$ (0.08)
Weighted-average number of shares of common stock outstanding - basic and diluted	191,594	162,375	172,186	162,375

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Statements of Cash Flows - USD ($)	9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015
Cash Flows from Operating Activities
Net loss	$ (18,177)	$ (12,549)
Adjustments to reconcile net loss to net cash used in operating activities
Interest expense contributed as capital by stockholders	1,570	980
Changes in operating assets and liabilities:
Prepaid expenses	(200)	0
Accounts payable - trade	(9,044)	3,835
Accrued interest payable	3,563	637
(Increase) Decrease in
Net cash used in operating activities	(22,288)	(7,097)
Cash Flows from Investing Activities	0	0
Cash Flows from Financing Activities
Cash received from notes payable to stockholders	24,350	8,000
Net cash provided by financing activities	24,350	8,000
Increase in Cash	2,062	903
Cash at beginning of period	633	1,633
Cash at end of period	2,695	2,536
Supplemental Disclosure of Interest and Income Taxes Paid
Interest paid during the period	0	0
Income taxes paid during the period	$ 0	$ 0

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Background and Description of Business

9 Months Ended

Sep. 30, 2016

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Organization, Consolidation and Presentation of Financial Statements Disclosure [Text Block]

Note A - Background and Description of Business

Renewable Energy Acquisition Corp. (Company) was incorporated on June 21, 2007 under the laws of the State of Nevada.

The Company was formed as a blank check company to effect a merger, capital stock exchange, asset acquisition or other similar business combination with an operating business in either the renewable energy or the environmental industry and their related infrastructures. To date, the Company’s efforts have been limited to organizational activities.

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Preparation of Financial Statements

9 Months Ended

Sep. 30, 2016

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Basis of Accounting [Text Block]

Note B - Preparation of Financial Statements

The Company follows the accrual basis of accounting in accordance with generally accepted accounting principles and has elected a year-end of December 31.

The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.

Management further acknowledges that it is solely responsible for adopting sound accounting practices, establishing and maintaining a system of internal accounting control and preventing and detecting fraud. The Company’s system of internal accounting control is designed to assure, among other items, that 1) recorded transactions are valid; 2) valid transactions are recorded; and 3) transactions are recorded in the proper period in a timely manner to produce financial statements which present fairly the financial condition, results of operations and cash flows of the Company for the respective periods being presented

For segment reporting purposes, the Company operated in only one industry segment during the periods represented in the accompanying financial statements and makes all operating decisions and allocates resources based on the best benefit to the Company as a whole.

During interim periods, the Company follows the accounting policies set forth in its annual audited financial statements filed with the U. S. Securities and Exchange Commission on its Annual Report on Form 10-K for the year ended December 31, 2015. The information presented within these interim financial statements may not include all disclosures required by accounting principles generally accepted in the United States of America and the users of financial information provided for interim periods should refer to the annual financial information and footnotes when reviewing the interim financial results presented herein.

In the opinion of management, the accompanying interim financial statements, prepared in accordance with the U. S. Securities and Exchange Commission’s instructions for Form 10-Q, are unaudited and contain all material adjustments, consisting only of normal recurring adjustments necessary to present fairly the financial condition, results of operations and cash flows of the Company for the respective interim periods presented. The current period results of operations are not necessarily indicative of results which ultimately will be reported for the full fiscal year ending December 31, 2016.

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Going Concern Uncertainty

9 Months Ended

Sep. 30, 2016

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Going Concern Uncertainty [Text Block]

Note C - Going Concern Uncertainty

The Company was formed to effect a merger, capital stock exchange, asset acquisition or other similar business combination with an operating business in either the renewable energy or the environmental industry and their related infrastructures. To date, the Company’s efforts have been limited to organizational activities. There is no assurance that the Company will be able to successful in the implementation of this business plan.

The Company has no operating history, limited cash on hand, no operating assets and has a business plan with inherent risk. Because of these factors, the Company’s auditors have issued an audit opinion on the Company’s financial statements which includes a statement describing our going concern status. This means, in the auditor’s opinion, substantial doubt about our ability to continue as a going concern exists at the date of their opinion.

The Company’s current management anticipates that the initial capitalization will be sufficient to maintain the corporate status of the Company for the immediate future. Because of the Company's lack of operating assets, the Company’s continuance may become fully dependent upon either future sales of securities and/or advances or loans from significant stockholders or corporate officers to provide sufficient working capital to preserve the integrity of the corporate entity during the development phase.

The Company's continued existence is dependent upon its ability to implement its business plan, generate sufficient cash flows from operations to support its daily operations, and provide sufficient resources to retire existing liabilities and obligations on a timely basis. The Company faces considerable risk in its business plan and a potential shortfall of funding due to our uncertainty to raise adequate capital in the equity securities market.

The Company is dependent upon existing cash balances to support its day-to-day operations. In the event that working capital sufficient to maintain the corporate entity and implement our business plan is not available, the Company’s existing controlling stockholders intend to maintain the corporate status of the Company and provide all necessary working capital support on the Company's behalf. However, no formal commitments or arrangements to advance or loan funds to the Company or repay any such advances or loans exist. There is no legal obligation for either management or existing controlling stockholders to provide additional future funding. Further, the Company is at the mercy of future economic trends and business operations for the Company’s existing controlling stockholders to have the resources available to support the Company.

The Company anticipates offering future sales of equity securities. However, there is no assurance that the Company will be able to obtain additional funding through the sales of additional equity securities or, that such funding, if available, will be obtained on terms favorable to or affordable by the Company.

The Company’s Articles of Incorporation authorizes the issuance of up to 5,000,000 million shares of preferred stock and 5,000,000 shares of common stock. The Company’s ability to issue preferred stock may limit the Company’s ability to obtain debt or equity financing as well as impede the implementation of the Company’s business plan. The Company’s ability to issue these authorized but unissued securities may also negatively impact our ability to raise additional capital through the sale of our debt or equity securities.

In such a restricted cash flow scenario, the Company would be unable to complete its business plan steps, and would, instead, delay all cash intensive activities. Without necessary cash flow, the Company may become dormant during the next twelve months, or until such time as necessary funds could be raised in the equity securities market.

While the Company is of the opinion that good faith estimates of the Company’s ability to secure additional capital in the future to reach its goals have been made, there is no guarantee that the Company will receive sufficient funding to sustain operations or implement any future business plan steps.

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Summary of Significant Accounting Policies

9 Months Ended

Sep. 30, 2016

Accounting Policies [Abstract]

Significant Accounting Policies [Text Block]

Note D - Summary of Significant Accounting Policies

1. Cash and cash equivalents

The Company considers all cash on hand and in banks, certificates of deposit and other highly-liquid investments with maturities of three months or less, when purchased, to be cash and cash equivalents.

2. Organization costs

The Company has adopted the provisions of provisions required by the Start-Up Activities topic of the FASB Accounting Standards Codification whereby all costs incurred with the incorporation and reorganization, post-bankruptcy, of the Company were charged to operations as incurred.

3. Income taxes

The Company files income tax returns in the United States of America and various states, as appropriate and applicable. The Company is no longer subject to U.S. federal, state and local, as applicable, income tax examinations by regulatory taxing authorities for any period prior to January 1, 2014. However, the Company does not anticipate any examinations of returns filed subsequent to December 31, 2013.

The Company uses the asset and liability method of accounting for income taxes. At September 30, 2016 and December 31, 2015, respectively, the deferred tax asset and deferred tax liability accounts, as recorded when material to the financial statements, are entirely the result of temporary differences. Temporary differences generally represent differences in the recognition of assets and liabilities for tax and financial reporting purposes, primarily accumulated depreciation and amortization, allowance for doubtful accounts and vacation accruals.

The Company has adopted the provisions required by the Income Taxes topic of the FASB Accounting Standards Codification. The Codification Topic requires the recognition of potential liabilities as a result of management’s acceptance of potentially uncertain positions for income tax treatment on a “more-likely-than-not” probability of an assessment upon examination by a respective taxing authority. As a result of the requirements of the Codification’s Income Tax Topic, the Company has not incurred any liability for potentially uncertain positions for income tax treatment of economic events in the accompanying financial statements.

4. Income (loss) per share

Basic earnings (loss) per share is computed by dividing the net income (loss) available to common stockholders by the weighted-average number of common shares outstanding during the respective period presented in our accompanying financial statements.

Fully diluted earnings (loss) per share is computed similar to basic income (loss) per share except that the denominator is increased to include the number of common stock equivalents (primarily outstanding options and warrants).

Common stock equivalents represent the dilutive effect of the assumed exercise of the outstanding stock options and warrants, using the treasury stock method, at either the beginning of the respective period presented or the date of issuance, whichever is later, and only if the common stock equivalents are considered dilutive based upon the Company’s net income (loss) position at the calculation date.

As of September 30, 2016 and 2015, respectively, the Company does not have any outstanding items which could be deemed to be dilutive.

5. New and Pending Accounting Pronouncements

The Company is of the opinion that any and all pending accounting pronouncements, either in the adoption phase or not yet required to be adopted, will not have a significant impact on the Company's financial position or results of operations.

6. Subsequent Events

Management has evaluated all activity of the Company through the issue date of the financial statements disclosure purposes.

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Fair Value of Financial Instruments

9 Months Ended

Sep. 30, 2016

Fair Value Measures And Disclosures [Abstract]

Fair Value Disclosures [Text Block]

Note E - Fair Value of Financial Instruments

The carrying amount of cash, accounts receivable, accounts payable and notes payable, as applicable, approximates fair value due to the short term nature of these items and/or the current interest rates payable in relation to current market conditions.

Interest rate risk is the risk that the Company’s earnings are subject to fluctuations in interest rates on either investments or on debt and is fully dependent upon the volatility of these rates. The Company does not use derivative instruments to moderate its exposure to interest rate risk, if any.

Financial risk is the risk that the Company’s earnings are subject to fluctuations in interest rates or foreign exchange rates and are fully dependent upon the volatility of these rates. The Company does not use derivative instruments to moderate its exposure to financial risk, if any.

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Due to Related Party

9 Months Ended

Sep. 30, 2016

Related Party Transactions [Abstract]

Related Party Transactions Disclosure [Text Block]

Note F – Due to Related Party

During the nine months ended September 30, 2016, a stockholder paid $2,500 on behalf of the Company. The amount was repaid in October 2016.

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Notes Payable to Stockholders

9 Months Ended

Sep. 30, 2016

Debt Disclosure [Abstract]

Debt Disclosure [Text Block]

Note G - Notes Payable to Stockholders

During 2015, two separate stockholders loaned an additional aggregate $11,000 in cash to the Company to support operations. These notes are due upon demand and bear interest at 6.0% per annum. On September 23, 2016, the Company issued to one of the stockholders 537,625 shares of the Company’s common stock, par value $0.0001, in conversion and cancellation of $5,376 of note payment obligations owed by the Company to the stockholder.

During 2016, one stockholder loaned an additional aggregate $24,350 in cash to the Company to support operations. These advances are due upon demand and bear interest at 6.0% per annum.

The Company has accrued interest payable to these stockholders aggregating approximately $2,332 and $1,269 as of September 30, 2016 and December 31, 2015, respectively.

As of September 30, 2016 and December 31, 2015, the outstanding aggregate balances payable to stockholders were as follows:

	September 30,		December 31,
	2016		2015
Notes payable	$	61,894	$	42,920
Accrued interest payable		2,332		1,269
Total due stockholders	$	64,226	$	44,189

The Company has recognized an aggregate of approximately $1,194 and $906, respectively, in interest expense for each of the nine-month periods ended September 30, 2016 and 2015 as additional paid-in capital for the economic event (calculated at an imputed interest rate of 6.0% per annum) related to the non-interest bearing feature on the aforementioned notes payable to stockholders.

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Contingency

9 Months Ended

Sep. 30, 2016

Commitments and Contingencies Disclosure [Abstract]

Commitments and Contingencies Disclosure [Text Block]

Note H - Contingency

During 2015, the Company accepted an aggregate $7,500 in “stand still” payments from an unrelated third party in anticipation of conducting the appropriate due diligence and to negotiate in good faith an agreement related to a potential acquisition. In addition, the Company agreed to not enter into discussions or negotiations with any other acquisition target for a period of at least 30 days.

During the first quarter of 2016, the Company received an additional $600 in “stand still” payments related to the aforementioned transaction.

As of the release date of this report, the Company has no definitive agreement or other arrangement related to any potential acquisition or business combination transaction.

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Common Stock

9 Months Ended

Sep. 30, 2016

Stockholders' Equity Note [Abstract]

Stockholders' Equity Note Disclosure [Text Block]

Note I – Common Stock

On September 21, 2016 the Company decreased the number of shares and par value of the authorized common stock of the Company from 50,000,000 shares, par value $0.001 per share, to 5,000,000 authorized shares of common stock, par value $0.0001, as a result of a 1-for-10 reverse split of its common stock. All share amounts have been restated retroactively to reflect the impacts of the reverse stock split.

On September 23, 2016, the Company issued to a stockholder 537,625 shares of the Company’s common stock, par value $0.0001, in conversion and cancellation of $5,376 of note payment obligations owed by the Company to the stockholder.

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Summary of Significant Accounting Policies (Policies)

9 Months Ended

Sep. 30, 2016

Accounting Policies [Abstract]

Cash and Cash Equivalents, Policy [Policy Text Block]

1. Cash and cash equivalents

The Company considers all cash on hand and in banks, certificates of deposit and other highly-liquid investments with maturities of three months or less, when purchased, to be cash and cash equivalents.

Costs Incurred, Policy [Policy Text Block]

2. Organization costs

The Company has adopted the provisions of provisions required by the Start-Up Activities topic of the FASB Accounting Standards Codification whereby all costs incurred with the incorporation and reorganization, post-bankruptcy, of the Company were charged to operations as incurred.

Income Tax, Policy [Policy Text Block]

3. Income taxes

The Company files income tax returns in the United States of America and various states, as appropriate and applicable. The Company is no longer subject to U.S. federal, state and local, as applicable, income tax examinations by regulatory taxing authorities for any period prior to January 1, 2014. However, the Company does not anticipate any examinations of returns filed subsequent to December 31, 2013.

The Company uses the asset and liability method of accounting for income taxes. At September 30, 2016 and December 31, 2015, respectively, the deferred tax asset and deferred tax liability accounts, as recorded when material to the financial statements, are entirely the result of temporary differences. Temporary differences generally represent differences in the recognition of assets and liabilities for tax and financial reporting purposes, primarily accumulated depreciation and amortization, allowance for doubtful accounts and vacation accruals.

The Company has adopted the provisions required by the Income Taxes topic of the FASB Accounting Standards Codification. The Codification Topic requires the recognition of potential liabilities as a result of management’s acceptance of potentially uncertain positions for income tax treatment on a “more-likely-than-not” probability of an assessment upon examination by a respective taxing authority. As a result of the requirements of the Codification’s Income Tax Topic, the Company has not incurred any liability for potentially uncertain positions for income tax treatment of economic events in the accompanying financial statements.

Earnings Per Share, Policy [Policy Text Block]

4. Income (loss) per share

Basic earnings (loss) per share is computed by dividing the net income (loss) available to common stockholders by the weighted-average number of common shares outstanding during the respective period presented in our accompanying financial statements.

Fully diluted earnings (loss) per share is computed similar to basic income (loss) per share except that the denominator is increased to include the number of common stock equivalents (primarily outstanding options and warrants).

Common stock equivalents represent the dilutive effect of the assumed exercise of the outstanding stock options and warrants, using the treasury stock method, at either the beginning of the respective period presented or the date of issuance, whichever is later, and only if the common stock equivalents are considered dilutive based upon the Company’s net income (loss) position at the calculation date.

As of September 30, 2016 and 2015, respectively, the Company does not have any outstanding items which could be deemed to be dilutive.

New Accounting Pronouncements, Policy [Policy Text Block]

5. New and Pending Accounting Pronouncements

The Company is of the opinion that any and all pending accounting pronouncements, either in the adoption phase or not yet required to be adopted, will not have a significant impact on the Company's financial position or results of operations.

Subsequent Events, Policy [Policy Text Block]

6. Subsequent Events

Management has evaluated all activity of the Company through the issue date of the financial statements disclosure purposes.

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Notes Payable to Stockholders (Tables)

9 Months Ended

Sep. 30, 2016

Debt Disclosure [Abstract]

Other Current Liabilities [Table Text Block]

As of September 30, 2016 and December 31, 2015, the outstanding aggregate balances payable to stockholders were as follows:

	September 30,		December 31,
	2016		2015
Notes payable	$	61,894	$	42,920
Accrued interest payable		2,332		1,269
Total due stockholders	$	64,226	$	44,189

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Going Concern Uncertainty (Details Textual) - shares	Sep. 30, 2016	Sep. 21, 2016	Dec. 31, 2015
Class of Stock [Line Items]
Preferred Stock, Shares Authorized	5,000,000		5,000,000
Common Stock, Shares Authorized	5,000,000	50,000,000	5,000,000

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Due to Related Party (Details Textual)	9 Months Ended
	Sep. 30, 2016 USD ($)
Related Party Transaction [Line Items]
Proceeds from Related Party Debt	$ 2,500

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Notes Payable to Stockholders (Details) - USD ($)	Sep. 30, 2016	Dec. 31, 2015
Debt Instrument [Line Items]
Notes payable	$ 61,894	$ 42,920
Accrued interest payable	2,332	1,269
Total due stockholders	$ 64,226	$ 44,189

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Notes Payable to Stockholders (Details Textual) - USD ($)	1 Months Ended	9 Months Ended		12 Months Ended
	Sep. 23, 2016	Sep. 30, 2016	Sep. 30, 2015	Dec. 31, 2015	Sep. 21, 2016
Debt Instrument [Line Items]
Proceeds from Notes Payable		$ 24,350	$ 8,000
Debt Conversion, Original Debt, Amount	$ 5,376
Interest Payable, Current		2,332		$ 1,269
Interest Expense, Debt		$ 1,194	$ 906
Debt Conversion, Converted Instrument, Shares Issued	537,625
Imputed Interest Rate Per Annum		6.00%
Common Stock, Par or Stated Value Per Share	$ 0.0001	$ 0.0001		$ 0.0001	$ 0.001
Two Stockholders Loan [Member]
Debt Instrument [Line Items]
Proceeds from Notes Payable				$ 11,000
Debt Instrument, Interest Rate, Stated Percentage				6.00%
Stockholders [Member]
Debt Instrument [Line Items]
Proceeds from Notes Payable		$ 24,350
Debt Instrument, Interest Rate, Stated Percentage		6.00%

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Contingency (Details Textual) - USD ($)	Mar. 31, 2016	Dec. 31, 2015
Company accepted a "stand still" payment from an unrelated third party	$ 600	$ 7,500

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Common Stock (Details Textual) - USD ($)	1 Months Ended
	Sep. 23, 2016	Sep. 21, 2016	Sep. 30, 2016	Dec. 31, 2015
Class of Stock [Line Items]
Common Stock, Shares Authorized		50,000,000	5,000,000	5,000,000
Common Stock, Par or Stated Value Per Share	$ 0.0001	$ 0.001	$ 0.0001	$ 0.0001
Debt Conversion, Converted Instrument, Shares Issued	537,625
Debt Conversion, Original Debt, Amount	$ 5,376
Stockholders' Equity, Reverse Stock Split		1-for-10