10-Q/A

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 10-Q/A

Amendment No. 1

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

For the quarterly period ended April 30, 2014

 . TRANSITION REPORT PURSUANT TO SECTION 13 or 15(d) OF THE EXCHANGE ACT

For the transition period from ___________ to _____________

3D MAKERJET, INC.

(Exact name of small business issuer as specified in its charter)

Nevada	333-157783	26-4083754
(State or other jurisdiction of incorporation or organization)	(Commission file number)	(IRS Employer Identification Number)

John Crippen

4303 Vineland Road, F2, Orlando, FL 32011

(Address of principal executive office)

+14079300807

(Issuer’s telephone number)

Check whether the issuer (1) has filed all reports required to be filed by Section 13 or 15(d) of the Exchange Act during the preceding 12 months (or for such shorter period that the issuer was required to file such reports), and (2)has been subject to such filing requirements for the past 90 days.  Yes  X .   No .

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

Large accelerated filer	.	Accelerated filer	.
Non-accelerated filer	. (Do not check if a smaller reporting company)	Smaller reporting company	X .

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

State the number of shares outstanding of each of the issuer’s classes of common equity, as of the latest practicable date: 10,200,000 shares of Common Stock, as of June 20, 2014.

EXPLANATORY NOTE

The purpose of this Amendment No. 1 to 3D MakerJet, Inc.'s Quarterly Report on Form 10-Q for the quarterly period ended April 30, 2014, filed with the Securities and Exchange Commission on June 23, 2014, is to furnish Exhibit 101 to the Form 10-Q in accordance with Rule 405 of Regulation S-T. Exhibit 101 to this report provides the consolidated financial statements and related notes from the Form 10-Q formatted in XBRL (eXtensible Business Reporting Language).

No other changes have been made to the Form 10-Q. This Amendment No. 1 to the Form 10-Q does not reflect events that may have occurred subsequent to the original filing date, and does not modify or update in any way disclosures made in the original Form 10-Q.

Pursuant to Rule 406T of Regulation S-T, the interactive data files on Exhibit 101 hereto are deemed not filed or part of a registration statement or prospectus for purposes of Sections 11 or 12 of the Securities Act of 1933, as amended, are deemed not filed for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, and otherwise are not subject to liability under those sections.

2

PART II - OTHER INFORMATION

Item 6.  Exhibits and Reports of Form 8-K

(a)  Exhibits

Exhibit Number	Description of Exhibit
31.1*	Rule 13a-14(a)/15d-14(a) Certification of Chief Executive Officer
32.1*	Certification of Chief Executive Officer pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002
101**	Extensible Business Reporting Language (XBRL).
*These exhibits were previously included or incorporated by reference in the Company’s Quarterly Report on Form 10-Q for the quarterly period ended April 30, 2014, filed with the Securities and Exchange Commission on June 23, 2014
**Provided herewith

3

Pursuant to the requirements of the Securities and Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

3D MakerJet, Inc.

(Registrant)

/s/ John Crippen

John Crippen

Title: President and Chief Financial Officer

June 24, 2014

4

XML

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

3 Months Ended

Apr. 30, 2014

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

NOTE 2 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Accounting Basis

These financial statements are prepared on the accrual basis of accounting in conformity with accounting principles generally accepted in the United States of America (“U.S. GAAP”). The Company has elected a fiscal year ending on January 31.

Interim financial statements

The accompanying unaudited interim financial statements and related notes have been prepared in accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”) for interim financial information, and with the rules and regulations of the United States Securities and Exchange Commission set forth in Article 8 of Regulation S-X.  Accordingly, they do not include all of the information and footnotes required by U.S. GAAP for complete financial statements.  The unaudited interim financial statements furnished reflect all adjustments (consisting of normal recurring accruals) which are, in the opinion of management, necessary to a fair statement of the results for the interim periods presented.  Unaudited interim results are not necessarily indicative of the results for the full fiscal year.  These financial statements should be read in conjunction with the financial statements of the Company for the fiscal year ended January 31, 2014 and notes thereto contained in the Company’s Annual Report on Form 10-K.

Development Stage Company

The accompanying financial statements have been prepared in accordance with generally accepted accounting principles related to development-stage companies as defined by section 915-10-20 of the FASB Accounting Standards Codification. A development-stage company is one in which planned principal operations have not commenced or, if its operations have commenced, there have been no significant revenues therefrom.

The Company has not generated significant revenues from its planned principal operations. However, it cannot take advantage of being an emerging growth company under the JOBS Act because it had gone public prior to December 8, 2011.

Estimates

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

Cash Equivalents

The Company considers all highly liquid investments with a maturity of three months or less when purchased to be cash equivalents.

Revenue Recognition

The Company applies paragraph 605-10-S99-1 of the FASB Accounting Standards Codification for revenue recognition. The Company recognizes revenue when it is realized or realizable and earned less an amount for estimated future doubtful accounts. The Company considers revenue realized or realizable and earned when all of the following criteria are met: (i) persuasive evidence of an arrangement exists, (ii) the services have been rendered, (iii) the sales price for the services is fixed or determinable, and (iv) collectability is reasonably assured.

Basic and Diluted Loss Per Common Share

Net loss per common share is computed pursuant to section 260-10-45 of the FASB Accounting Standards Codification. Basic and diluted net income per common share has been calculated by dividing the net income for the period by the basic and diluted weighted average number of common shares outstanding assuming that the Company incorporated as of the beginning of the first period presented. There were no dilutive shares outstanding at April 30, 2014 or 2013.  Issuable common stock relating to the convertible note is not included in the calculation of basic or diluted weighted average number of common shares outstanding because including these shares would be antidilutive.

Recently Issued Accounting Standards

There were no new accounting pronouncements that had a significant impact on the Company’s operating results or financial position.

Income Taxes

The Company adopted section 740-10-25 of the FASB Accounting Standards Codification (“Section 740-10-25”). Section 740-10-25 addresses the determination of whether tax benefits claimed or expected to be claimed on a tax return should be recorded in the financial statements. Under Section 740-10-25, the Company may recognize the tax benefit from an uncertain tax position only if it is more likely than not that the tax position will be sustained on examination by the taxing authorities, based on the technical merits of the position. The tax benefits recognized in the financial statements from such a position should be measured based on the largest benefit that has a greater than 50% likelihood of being realized upon ultimate settlement. Section 740-10-25 also provides guidance on de-recognition, classification, interest and penalties on income taxes, accounting in interim periods and requires increased disclosures. The Company had no material adjustments to its liabilities for unrecognized income tax benefits according to the provisions of Section 740-10-25.

Fair value of financial instruments

The Company follows paragraph 825-10-50-10 of the FASB Accounting Standards Codification for disclosures about fair value of its financial instruments and paragraph 820-10-35-37 of the FASB Accounting Standards Codification (“Paragraph 820-10-35-37”) to measure the fair value of its financial instruments. Paragraph 820-10-35-37 establishes a framework for measuring fair value in accounting principles generally accepted in the U.S. GAAP, and expands disclosures about fair value measurements. To increase consistency and comparability in fair value measurements and related disclosures, Paragraph 820-10-35-37 establishes a fair value hierarchy which prioritizes the inputs to valuation techniques used to measure fair value into three broad levels. The fair value hierarchy gives the highest priority to quoted prices (unadjusted) in active markets for identical assets or liabilities and the lowest priority to unobservable inputs. The three levels of fair value hierarchy defined by Paragraph 820-10-35-37 are described below:

Level 1	Quoted market prices available in active markets for identical assets or liabilities as of the reporting date.
Level 2	Pricing inputs other than quoted prices in active markets included in Level 1, which are either directly or indirectly observable as of the reporting date.
Level 3	Pricing inputs that are generally observable inputs and not corroborated by market data.

The Company does not have any assets or liabilities measured at fair value on a recurring or a non-recurring basis, consequently, the Company did not have any fair value adjustments for assets and liabilities measured at fair value at April 30, 2014 and January 31, 2014.

Subsequent Events

The Company follows the guidance in Section 855-10-50 of the FASB Accounting Standards Codification for the disclosure of subsequent events. The Company evaluates subsequent events from the date of the balance sheet through the date when the financial statements are issued. Pursuant to ASU 2010-09 of the FASB Accounting Standards Codification, the Company as an SEC filer considers its financial statements issued when they are widely distributed to users, such as through filing them with the SEC on the EDGAR system.

Recently Issued Accounting Standards

The Company has implemented all new accounting pronouncements that are in effect and that may impact its financial statements and does not believe that there are any other new accounting pronouncements that have been issued that might have a material impact on its financial position or results of operations.

XML

BALANCE SHEETS (Unaudited) (USD $)	Apr. 30, 2014	Jan. 31, 2014
Current Assets
Cash	$ 0	$ 0
TOTAL ASSETS	0	0
Current Liabilities
Accrued expenses	16,024	18,950
Convertible note payable	0	38,000
Loan payable	0	7,220
Loan payable to Company President	0	30,307
TOTAL LIABILITIES	16,024	94,477
STOCKHOLDERS' DEFICIT
Preferred stock, $.001 par value; 10,000,000 shares authorized; none issued or outstanding	0	0
Common stock, $.001 par value; 300,000,000 shares authorized; 10,200,000 shares issued and outstanding at April 30, 2014 and January 31, 2014	10,200	10,200
Paid-in Capital	41,107	10,800
Deficit accumulated during the development stage	(67,331)	(115,477)
TOTAL STOCKHOLDERS' DEFICIT	(16,024)	(94,477)
TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT	$ 0	$ 0

XML

STATEMENTS OF CASH FLOWS (Unaudited) (USD $)	3 Months Ended		64 Months Ended
	Apr. 30, 2014	Apr. 30, 2013	Apr. 30, 2014
CASH FLOWS FROM OPERATING ACTIVITIES
Net income (loss) for the period	$ 48,146	$ (6,762)	$ (67,331)
Adjustments to reconcile net loss to net cash used in operating activities:
Gain on forgiveness of debt	(48,287)		(48,287)
Shares issued for compensation			9,000
Changes in assets and liabilities:
Increase (decrease) in accrued expenses	141	6,762	69,091
Net Cash Used in Operating Activities			(37,527)
CASH FLOWS FROM FINANCING ACTIVITIES
Proceeds from note payable			7,220
Proceeds from loan payable to Company President			30,307
Net Cash Provided By Financing Activities			37,527
Cash, beginning of period		2
Cash, end of period		2
SUPPLEMENTARY CASH FLOW INFORMATION:
Issuance of shares to settle accrued expenses			12,800
Issuance of convertible note to settle accrued expenses			38,000
Cash paid for interest			0
Cash paid for income taxes			$ 0

XML

ORGANIZATION

3 Months Ended

Apr. 30, 2014

ORGANIZATION

ORGANIZATION

NOTE 1 – ORGANIZATION

3D MakerJet, Inc. (the Company), formerly, known as American Business Change Agents, Inc. was incorporated under the laws of the State of Nevada on January 12, 2009. 

On March 21, 2014, Edward A. Sundberg, our former officer and director, sold an aggregate of 9,000,000 shares of his common stock in our company to Market Milestones, Inc., in a private transaction. As consideration for the shares, Market Milestones, Inc. paid a total purchase price of $200,000 from its personal funds. Immediately upon the closing of the transaction, Market Milestones, Inc. became the majority shareholder of our company and beneficially owned stock representing 88% of the outstanding voting shares of our company.

On May 4, 2014, the name of the Company was changed to 3D MakerJet, Inc. and the Company’s total authorized capital stock was increased from 75,000,000 shares to 310,000,000 shares, consisting of 300,000,000 shares of common stock, par value $0.001 per share, and 10,000,000 shares of preferred stock, par value $0.001 per share.

The Company is developing a business plan focused on the sale of 3D printers, scanners and ancillary equipment. 

XML

BALANCE SHEETS PARENTHETICALS (USD $)	Apr. 30, 2014	Jan. 31, 2014
Parentheticals
Preferred Stock, par value	$ 0.001	$ 0.001
Preferred Stock, shares authorized	10,000,000	10,000,000
Preferred Stock, shares issued	0	0
Preferred Stock, shares Outstanding	0	0
Common Stock, par value	$ 0.001	$ 0.001
Common Stock, shares authorized	300,000,000	300,000,000
Common Stock, shares issued	10,200,000	10,200,000
Common Stock, shares Outstanding	10,200,000	10,200,000

XML

LOANS PAYABLE (Details) (USD $)	Apr. 30, 2014	Jan. 31, 2014
LOANS PAYABLE AS FOLLOWS
Due to an unrelated party		$ 45,220
Loan payable to President		30,307
Accrued interest on the unrelated party notes		3,067
Accrued interest on the related party notes		0
The Company recognized a gain upon the forgiveness of the debt		48,287
Increase in additional paid capital recorded		30,307
Balance in notes payable	$ 0

XML

Document and Entity Information	3 Months Ended
	Apr. 30, 2014	Jun. 20, 2014
Document and Entity Information:
Entity Registrant Name	3D MAKERJET, INC.
Document Type	10-Q
Document Period End Date	Apr. 30, 2014
Amendment Flag	false
Entity Central Index Key	0001458023
Current Fiscal Year End Date	--01-31
Entity Common Stock, Shares Outstanding		10,200,000
Entity Filer Category	Smaller Reporting Company
Entity Current Reporting Status	Yes
Entity Voluntary Filers	No
Entity Well-known Seasoned Issuer	No
Document Fiscal Year Focus	2015
Document Fiscal Period Focus	Q1

XML

CAPITAL STOCK TRANSACTIONS (Details) (USD $)	Apr. 30, 2014
CAPITAL STOCK TRANSACTIONS
Shares of common stock authorized	300,000,000
Shares of preferred stock authorized	10,000,000
Shares of common stock issued at incorporation	9,000,000
Incurred legal costs relating to registration of shares of common stock	$ 50,000
Issued registered shares of common stock	1,200,000
Convertible note payable issued	38,000
Convertible note payable interest per annum	2.00%
Common shares outstanding	10,200,000
Increase in additional paid capital related to the forgiveness of related party debt	$ 30,307

XML

STATEMENTS OF OPERATIONS (Unaudited) (USD $)	3 Months Ended		64 Months Ended
	Apr. 30, 2014	Apr. 30, 2013	Apr. 30, 2014
Income Statement
REVENUES			$ 22,907
EXPENSES
Operating (principally professional fees)		6,500	71,367
Compensation			63,434
TOTAL OPERATING EXPENSES		6,500	134,801
LOSS FROM OPERATIONS		(6,500)	(111,894)
Other Income (expense)
Interest	(141)	(262)	(3,724)
Gain on forgiveness of debt	48,287		48,287
TOTAL OTHER INCOME (EXPENSE)	48,146	(262)	44,563
NET INCOME / (LOSS)	$ 48,146	$ (6,762)	$ (67,331)
NET LOSS PER SHARE: BASIC AND DILUTED	$ 0.00	$ 0.00
WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING: BASIC AND DILUTED	10,200,000	10,200,000

XML

COMMITMENTS AND CONTINGENCIES

3 Months Ended

Apr. 30, 2014

COMMITMENTS AND CONTINGENCIES

COMMITMENTS AND CONTINGENCIES

NOTE 6 – COMMITMENTS AND CONTINGENCIES

The Company neither owns nor leases any real or personal property. An officer has provided office services without charge. There is no obligation for the officer to continue this arrangement. Such costs are immaterial to the financial statements and, accordingly, are not reflected herein.

XML

STOCKHOLDERS' DEFICIT

3 Months Ended

Apr. 30, 2014

STOCKHOLDERS' DEFICIT

STOCKHOLDERS' DEFICIT

NOTE 5 – STOCKHOLDERS’ DEFICIT

The Company is authorized to issue 300,000,000 shares of common stock and 10,000,000 shares of preferred stock.

There were 9,000,000 shares of common stock issued at incorporation.

The Company incurred $50,000 of legal costs relating to the registration of shares of its common stock in a Registration Statement on Form S-1 that became effective in September 2010. This amount was included in Accrued Expenses at January 31, 2011. That obligation was satisfied in full in February 2011 when the Company (i) issued 1,200,000 registered shares of common stock and (ii) entered into a $38,000 convertible note payable with its outside counsel to satisfy the obligation. The convertible note is payable on demand, bears interest at 2% per annum, and is convertible into shares of the Company’s common stock at a price per share equal to the par value of the shares. Conversion can be in whole or in any portion of the outstanding principal balance at the option of the holder. The convertible note payable was forgiven in March 2014.

After the 1,200,000 shares were issued, there were 10,200,000 common shares outstanding. No shares of preferred stock have been issued.

In March 2014, the Company recorded an increase in additional paid in capital of $30,307 related to the forgiveness of related party debt. 

XML

ORGANIZATION (Details) (USD $)	May 04, 2014	Mar. 21, 2014
ORGANIZATION AS FOLLOWS
Former officer and director, sold an aggregate shares of common stock		9,000,000
Market Milestones, Inc. paid a total purchase price		$ 200,000
Owned stock representing of the outstanding voting shares in percent		88.00%
Authorized shares of common stock	300,000,000
Common Stock, par value per share	$ 0.001
Authorized shares of preferred stock	10,000,000
Preferred Stock, par value per share	$ 0.001

XML

SUBSEQUENT EVENTS

3 Months Ended

Apr. 30, 2014

SUBSEQUENT EVENTS

SUBSEQUENT EVENTS

NOTE 7 – SUBSEQUENT EVENTS

The Company has evaluated all events that occurred after the balance sheet date of April 30, 2014 through June 15, 2014, the date when the financial statements were issued. The Management of the Company determined that there were no reportable events that occurred during that subsequent period to be disclosed or recorded other than the transaction described in Note 1 and those described below.

XML

Accounting Policies (Policies)

3 Months Ended

Apr. 30, 2014

Accounting Policies (Policies)

Accounting Basis

Accounting Basis

These financial statements are prepared on the accrual basis of accounting in conformity with accounting principles generally accepted in the United States of America (“U.S. GAAP”). The Company has elected a fiscal year ending on January 31.

Interim financial statements

Interim financial statements

The accompanying unaudited interim financial statements and related notes have been prepared in accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”) for interim financial information, and with the rules and regulations of the United States Securities and Exchange Commission set forth in Article 8 of Regulation S-X.  Accordingly, they do not include all of the information and footnotes required by U.S. GAAP for complete financial statements.  The unaudited interim financial statements furnished reflect all adjustments (consisting of normal recurring accruals) which are, in the opinion of management, necessary to a fair statement of the results for the interim periods presented.  Unaudited interim results are not necessarily indicative of the results for the full fiscal year.  These financial statements should be read in conjunction with the financial statements of the Company for the fiscal year ended January 31, 2014 and notes thereto contained in the Company’s Annual Report on Form 10-K.

Development Stage Company

Development Stage Company

The accompanying financial statements have been prepared in accordance with generally accepted accounting principles related to development-stage companies as defined by section 915-10-20 of the FASB Accounting Standards Codification. A development-stage company is one in which planned principal operations have not commenced or, if its operations have commenced, there have been no significant revenues therefrom.

The Company has not generated significant revenues from its planned principal operations. However, it cannot take advantage of being an emerging growth company under the JOBS Act because it had gone public prior to December 8, 2011.

Estimates

Estimates

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

Cash Equivalents

Cash Equivalents

The Company considers all highly liquid investments with a maturity of three months or less when purchased to be cash equivalents.

Revenue Recognition

Revenue Recognition

The Company applies paragraph 605-10-S99-1 of the FASB Accounting Standards Codification for revenue recognition. The Company recognizes revenue when it is realized or realizable and earned less an amount for estimated future doubtful accounts. The Company considers revenue realized or realizable and earned when all of the following criteria are met: (i) persuasive evidence of an arrangement exists, (ii) the services have been rendered, (iii) the sales price for the services is fixed or determinable, and (iv) collectability is reasonably assured.

Basic and Diluted Loss Per Common Share

Basic and Diluted Loss Per Common Share

Net loss per common share is computed pursuant to section 260-10-45 of the FASB Accounting Standards Codification. Basic and diluted net income per common share has been calculated by dividing the net income for the period by the basic and diluted weighted average number of common shares outstanding assuming that the Company incorporated as of the beginning of the first period presented. There were no dilutive shares outstanding at April 30, 2014 or 2013.  Issuable common stock relating to the convertible note is not included in the calculation of basic or diluted weighted average number of common shares outstanding because including these shares would be antidilutive.

Recently Issued Accounting Standards

Recently Issued Accounting Standards

There were no new accounting pronouncements that had a significant impact on the Company’s operating results or financial position.

The Company has implemented all new accounting pronouncements that are in effect and that may impact its financial statements and does not believe that there are any other new accounting pronouncements that have been issued that might have a material impact on its financial position or results of operations

Income Taxes

Income Taxes

The Company adopted section 740-10-25 of the FASB Accounting Standards Codification (“Section 740-10-25”). Section 740-10-25 addresses the determination of whether tax benefits claimed or expected to be claimed on a tax return should be recorded in the financial statements. Under Section 740-10-25, the Company may recognize the tax benefit from an uncertain tax position only if it is more likely than not that the tax position will be sustained on examination by the taxing authorities, based on the technical merits of the position. The tax benefits recognized in the financial statements from such a position should be measured based on the largest benefit that has a greater than 50% likelihood of being realized upon ultimate settlement. Section 740-10-25 also provides guidance on de-recognition, classification, interest and penalties on income taxes, accounting in interim periods and requires increased disclosures. The Company had no material adjustments to its liabilities for unrecognized income tax benefits according to the provisions of Section 740-10-25.

Fair value of financial instruments

Fair value of financial instruments

The Company follows paragraph 825-10-50-10 of the FASB Accounting Standards Codification for disclosures about fair value of its financial instruments and paragraph 820-10-35-37 of the FASB Accounting Standards Codification (“Paragraph 820-10-35-37”) to measure the fair value of its financial instruments. Paragraph 820-10-35-37 establishes a framework for measuring fair value in accounting principles generally accepted in the U.S. GAAP, and expands disclosures about fair value measurements. To increase consistency and comparability in fair value measurements and related disclosures, Paragraph 820-10-35-37 establishes a fair value hierarchy which prioritizes the inputs to valuation techniques used to measure fair value into three broad levels. The fair value hierarchy gives the highest priority to quoted prices (unadjusted) in active markets for identical assets or liabilities and the lowest priority to unobservable inputs. The three levels of fair value hierarchy defined by Paragraph 820-10-35-37 are described below:

Level 1	Quoted market prices available in active markets for identical assets or liabilities as of the reporting date.
Level 2	Pricing inputs other than quoted prices in active markets included in Level 1, which are either directly or indirectly observable as of the reporting date.
Level 3	Pricing inputs that are generally observable inputs and not corroborated by market data.

The Company does not have any assets or liabilities measured at fair value on a recurring or a non-recurring basis, consequently, the Company did not have any fair value adjustments for assets and liabilities measured at fair value at April 30, 2014 and January 31, 2014.

Subsequent Events

Subsequent Events

The Company follows the guidance in Section 855-10-50 of the FASB Accounting Standards Codification for the disclosure of subsequent events. The Company evaluates subsequent events from the date of the balance sheet through the date when the financial statements are issued. Pursuant to ASU 2010-09 of the FASB Accounting Standards Codification, the Company as an SEC filer considers its financial statements issued when they are widely distributed to users, such as through filing them with the SEC on the EDGAR system.

XML

GOING CONCERN (Details) (USD $)	Apr. 30, 2014
GOING CONCERN AS FOLLOWS
Negative working capital and a net stockholders' deficit	$ 67,311

XML

STATEMENT OF STOCKHOLDER'S DEFICIT (USD $)	Common Stock Shares	Common Stock Amount	Additional Paid-in Capital	Deficit Accumulated During the Development Stage	Total
Balance at Jan. 31, 2009	9,000,000	9,000		(14,000)	(5,000)
Net loss for the year ended January 31, 2010				$ (6,937)	$ (6,937)
Balance at Jan. 31, 2010	9,000,000	9,000		(20,937)	(11,937)
Net loss for the year ended January 31, 2011				(54,072)	(54,072)
Balance at Jan. 31, 2011	9,000,000	9,000		(75,009)	(66,009)
Sale of shares to satisfy accrued expenses	1,200,000	1,200	10,800		12,000
Net loss for the year ended January 31, 2012				(2,426)	(2,426)
Balance at Jan. 31, 2012	10,200,000	10,200	10,800	(77,435)	(56,435)
Net loss for the year ended January 31, 2013				(29,992)	(29,992)
Balance at Jan. 31, 2013	10,200,000	10,200	10,800	(107,427)	(86,427)
Net loss for the year ended January 31, 2014				(8,050)	(8,050)
Balance at Jan. 31, 2014	10,200,000	10,200	10,800	(115,477)	(94,477)
Forgiveness of related party debt			30,307		30,307
Net income	$ 48,146	$ 48,146
Balance at Apr. 30, 2014	10,200,000	10,200	41,107	(67,331)	(16,024)

XML

LOANS PAYABLE

3 Months Ended

Apr. 30, 2014

LOANS PAYABLE

LOANS PAYABLE

NOTE 4– LOANS PAYABLE

As of January 31, 2014, the Company had loans payable of $45,220 due to an unrelated party and a loan payable to its former President with a principal balance of $30,307.  Both loans payable were forgiven in March 2014.  Accrued interest on the unrelated party notes and the related party note was $3,067 and $0, respectively, on the date of forgiveness.  The Company recognized a gain of $48,287 upon the forgiveness of the unrelated party notes and related accrued interest and recorded an increase in additional paid capital of $30,307 related to the forgiveness of the related party debt and related party debt.  As a result, the balance in notes payable at April 30, 2014 was $0.