0001165527-15-000218.txt : 20150508 0001165527-15-000218.hdr.sgml : 20150508 20150508161602 ACCESSION NUMBER: 0001165527-15-000218 CONFORMED SUBMISSION TYPE: 10-Q PUBLIC DOCUMENT COUNT: 11 CONFORMED PERIOD OF REPORT: 20150331 FILED AS OF DATE: 20150508 DATE AS OF CHANGE: 20150508 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Ticket Corp. CENTRAL INDEX KEY: 0001570279 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-MISCELLANEOUS AMUSEMENT & RECREATION [7990] IRS NUMBER: 461838178 STATE OF INCORPORATION: NV FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 10-Q SEC ACT: 1934 Act SEC FILE NUMBER: 333-187544 FILM NUMBER: 15846950 BUSINESS ADDRESS: STREET 1: 9625 MISSION GORGE ROAD, SUITE B2 #318 CITY: SANTEE STATE: CA ZIP: 92071 BUSINESS PHONE: 775-352-3936 MAIL ADDRESS: STREET 1: 9625 MISSION GORGE ROAD, SUITE B2 #318 CITY: SANTEE STATE: CA ZIP: 92071 10-Q 1 g7836.txt UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q [X] QUARTERLY REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE QUARTERLY PERIOD ENDED MARCH 31, 2015 Commission file number 333-187544 TICKET CORP. (Exact name of registrant as specified in its charter) Nevada (State or other jurisdiction of incorporation or organization) 1135 Terminal Way, Suite 209 Reno, NV 89502 e-mail: ticketcorp1@yahoo.com (Address of principal executive offices, including zip code) Telephone (775) 352-3936 Fax (775) 201-8190 (Telephone number, including area code) Check whether the issuer (1) filed all reports required to be filed by Section 13 or 15(d) of the Exchange Act during the past 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the last 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 (ss.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," "non-accelerated filer," and "smaller reporting company" in Rule 12b-2 of the Exchange Act. Large accelerated filer [ ] Accelerated filer [ ] Non-accelerated filer [ ] 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: 48,000,000 shares as of May 1, 2015 ITEM 1. FINANCIAL STATEMENTS TICKET CORP. (A DEVELOPMENT STAGE COMPANY) BALANCE SHEETS --------------------------------------------------------------------------------
Three Months Ended Year Ended March 31, December 31, 2015 2014 ---------- ---------- (Unaudited) (Audited) ASSETS CURRENT ASSETS Cash $ 10,957 $ 30,577 Accounts Receivable 52,000 11,000 Inventory -- -- Ticket Assignment Agreement 240,000 240,000 ---------- ---------- TOTAL CURRENT ASSETS 302,957 281,577 TOTAL ASSETS $ 302,957 $ 281,577 ========== ========== LIABILITIES AND STOCKHOLDERS' EQUITY LIABILITIES CURRENT LIABILITIES: Accounts Payable $ 440 $ 10,498 Interest Payable 800 200 Due to Related Party 100 100 ---------- ---------- TOTAL CURRENT LIABILITIES 1,340 10,798 LONG TERM LIABILITIES: Note Payable - Shareholder 240,000 240,000 ---------- ---------- TOTAL CURRENT LIABILITIES 240,000 240,000 TOTAL LIABILITIES 241,340 250,798 STOCKHOLDERS' EQUITY Common stock: authorized 100,000,000; $0.001 par value; 48,000,000 shares issued and outstanding at March 31, 2015 and December 31, 2014 34,500 34,500 Paid in capital 48,000 48,000 Deficit accumulated during the development stage (20,883) (51,721) ---------- ---------- TOTAL STOCKHOLDERS' EQUITY 61,617 30,779 ---------- ---------- TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 302,957 $ 281,577 ========== ==========
The accompanying notes are an integral part of these financial statements 2 TICKET CORP. (A DEVELOPMENT STAGE COMPANY) STATEMENTS OF OPERATIONS (Unaudited) --------------------------------------------------------------------------------
Three Months Three Months From Inception Ended Ended (January 17, 2013) to March 31, March 31, March 31, 2015 2014 2015 ------------ ------------ ------------ REVENUES $ 65,000 $ 5,000 $ 178,500 ------------ ------------ ------------ TOTAL REVENUES 65,000 5,000 178,500 ------------ ------------ ------------ COST OF GOODS SOLD Beta Test Expense -- 372 372 Purchases - Resale Tickets 30,918 19,411 90,510 ------------ ------------ ------------ TOTAL COST OF GOODS SOLD 30,918 19,783 90,882 ------------ ------------ ------------ GROSS PROFIT 34,082 (14,783) 87,618 ------------ ------------ ------------ OPERATING EXPENSES: General and administrative 2,645 5,229 107,701 Interest Expense 600 -- 800 ------------ ------------ ------------ TOTAL EXPENSES 3,245 5,229 108,501 ------------ ------------ ------------ NET LOSS FOR THE PERIOD $ 30,837 $ (20,012) $ (20,883) ============ ============ ============ NET LOSS PER SHARE: BASIC AND DILUTED $ 0.001 $ (0.001) $ (0.000) ============ ============ ============ WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING: BASIC AND DILUTED 48,000,000 33,000,000 48,000,000 ============ ============ ============
The accompanying notes are an integral part of these financial statements 3 TICKET CORP. (A DEVELOPMENT STAGE COMPANY) STATEMENTS OF CASH FLOWS (Unaudited) --------------------------------------------------------------------------------
Three Months Three Months From Inception Ended Ended (January 17, 2013) to March 31, March 31, March 31, 2015 2014 2015 ---------- ---------- ---------- Operating activities: Net profit (loss) $ 30,837 $ (20,012) $ (20,883) Adjustment to reconcile net loss to net cash provided by operations: Changes in assets and liabilities: Accounts Receivable (41,000) 5,000 (52,000) Inventory -- 372 -- Ticket Assignment Agreement -- -- (240,000) Accounts Payable (10,058) 7,027 440 Note Payable - Rheingrover -- -- 100 Interest Payable 600 -- 800 ---------- ---------- ---------- Net cash provided by operating activities (19,620) (7,614) (311,543) Financing activities: Note Payable - Shareholder -- -- 240,000 Capital stock -- -- 48,000 Additional Paid-in Capital -- -- 34,500 ---------- ---------- ---------- Net cash provided by financing activities -- -- 322,500 ---------- ---------- ---------- Net increase in cash (19,620) (7,614) 10,957 Cash, beginning of period 30,577 17,472 -- ---------- ---------- ---------- Cash, end of period $ 10,957 $ 9,858 $ 10,957 ========== ========== ========== Supplemental disclosure of cash flow information: Cash paid during the period Taxes $ -- $ -- $ -- Interest $ -- $ -- $ -- ========== ========== ==========
The accompanying notes are an integral part of these financial statements 4 TICKET CORP. (A DEVELOPMENT STAGE COMPANY) NOTES TO FINANCIAL STATEMENTS MARCH 31, 2015 (UNAUDITED) -------------------------------------------------------------------------------- NOTE 1. ORGANIZATION AND DESCRIPTION OF BUSINESS Ticket Corp. (the Company) was incorporated under the laws of the State of Nevada on January 17, 2013. The Company was formed to become a provider of tickets in the San Francisco Bay Area and a national provider of premium seats and entrance to concerts, sporting events, theatre and entertainment, including corporate and group ticketing, special events and promotions worldwide. The Company is in the development stage. Its activities to date have been limited to capital formation, organization, development of its business plan and limited revenue production. NOTE 2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES BASIS OF ACCOUNTING The Company's financial statements are prepared using the accrual method of accounting. On November 1, 2014 the Board of Directors changed the year end of the Company from January 31 to December 31. The change to the year-end has resulted in the Company filing its annual report on Form 10-K for the year ending December 31, 2014. BASIC LOSS PER SHARE ASC No. 260, "Earnings per Share", specifies the computation, presentation and disclosure requirements for earnings (loss) per share for entities with publicly held common stock. The Company has adopted the provisions of ASC No. 260. Basic net loss per share amounts is computed by dividing the net loss by the weighted average number of common shares outstanding. Diluted loss per share is the same as basic loss per share due to the lack of dilutive items in the Company. CASH EQUIVALENTS The Company considers all highly liquid investments purchased with an original maturity of three months or less to be cash equivalents. USE OF ESTIMATES AND ASSUMPTIONS The preparation of financial statements in conformity with generally accepted accounting principles 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. In accordance with ASC No. 250 all adjustments are normal and recurring. INCOME TAXES Income taxes are provided in accordance with ASC No. 740, Accounting for Income Taxes. A deferred tax asset or liability is recorded for all temporary 5 TICKET CORP. (A DEVELOPMENT STAGE COMPANY) NOTES TO FINANCIAL STATEMENTS MARCH 31, 2015 (UNAUDITED) -------------------------------------------------------------------------------- differences between financial and tax reporting and net operating loss carry-forwards. Deferred tax expense (benefit) results from the net change during the year of deferred tax assets and liabilities. Deferred tax assets are reduced by a valuation allowance when, in the opinion of management, it is more likely than not that some portion or all of the deferred tax assets will not be realized. Deferred tax assets and liabilities are adjusted for the effects of changes in tax laws and rates on the date of enactment. REVENUE The Company records revenue on the accrual basis when all goods and services have been performed and delivered, the amounts are readily determinable, and collection is reasonably assured. NOTE 3. RECENT ACCOUNTING PRONOUCEMENTS The Company has evaluated all the recent accounting pronouncements through the date the financial statements were issued and filed with the Securities and Exchange Commission and believe that none of them will have a material effect on the Company's financial statements. NOTE 4. GOING CONCERN The accompanying financial statements are presented on a going concern basis. The Company had limited operations during the period from January 17, 2013 (date of inception) to March 31, 2014. This condition raises substantial doubt about the Company's ability to continue as a going concern. The Company is currently in the development stage and has minimal expenses, management believes that the Company's current cash of $10,957 plus current revenues is sufficient to cover the expenses they will incur during the next twelve months. NOTE 5. RELATED PARTY TRANSACTIONS The sole officer and two directors of the Company may, in the future, become involved in other business opportunities as they become available, they may face a conflict in selecting between the Company and their other business opportunities. The Company has not formulated a policy for the resolution of such conflicts. As of March 31, 2015, $100 is owed to Russell Rhiengrover, CEO, from funds loaned by him to the Company and is non-interest bearing with no specific repayment terms. On December 17, 2014 the Company signed a Promissory Note in the amount of $240,000 with Russell Rheingrover. The note has an annual interest of 1.00%. The maturity date of the note is March 13, 2018. The note is associated with an Assignment Agreement between the Company and Mr. Rheingrover wherein Mr. Rheingrover assigned all of his rights to the Stadium Builders License Agreement with the Santa Clara Stadium Authority to purchase and resell tickets to San Francisco 49er's games with a fair market value of $80,000 per year for three years. NOTE 6. STOCK TRANSACTIONS On January 31, 2013, the Company issued a total of 33,000,000 shares of common stock to its sole officer Russell Rhiengrover for cash in the amount of $0.001 per share for a total of $33,000. 6 TICKET CORP. (A DEVELOPMENT STAGE COMPANY) NOTES TO FINANCIAL STATEMENTS MARCH 31, 2015 (UNAUDITED) -------------------------------------------------------------------------------- The company's Registration Statement on Form S-1 was declared effective on July 25, 2014. In October 2014 the company sold 15,000,000 shares of common stock to 50 independent shareholders at a price of $0.033 per share for total proceeds of $49,500, pursuant to the Registration Statement. As of March 31, 2015 the Company had 48,000,000 shares of common stock issued and outstanding. NOTE 7. STOCKHOLDERS' EQUITY The stockholders' equity section of the Company contains the following classes of capital stock as of March 31, 2015: Common stock, $ 0.001 par value: 100,000,000 shares authorized; 48,000,000 shares issued and outstanding. NOTE 8. SUBSEQUENT EVENTS The Company evaluated all other events or transactions that occurred after March 31, 2015 up through date the Company issued these financial statements and found no subsequent event that needed to be reported. 7 ITEM 2. MANAGEMENT'S DISCUSSION AND ANALYSIS OR PLAN OF OPERATION CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING STATEMENTS The information contained in this prospectus, including in the documents incorporated by reference into this prospectus, includes some statements that are not purely historical and that are "forward-looking statements." Such forward-looking statements include, but are not limited to, statements regarding our Company and management's expectations, hopes, beliefs, intentions or strategies regarding the future, including our financial condition, results of operations, and the expected impact of the offering on the parties' individual and combined financial performance. In addition, any statements that refer to projections, forecasts or other characterizations of future events or circumstances, including any underlying assumptions, are forward-looking statements. The words "anticipates," "believes," "continue," "could," "estimates," "expects," "intends," "may," "might," "plans," "possible," "potential," "predicts," "projects," "seeks," "should," "will," "would" and similar expressions, or the negatives of such terms, may identify forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking. The forward-looking statements contained in this prospectus are based on current expectations and beliefs concerning future developments and the potential effects on the parties and the transaction. There can be no assurance that future developments actually affecting us will be those anticipated. These forward-looking statements involve a number of risks, uncertainties (some of which are beyond the parties' control) or other assumptions that may cause actual results or performance to be materially different from those expressed or implied by these forward-looking statements. RESULTS OF OPERATIONS We have generated $178,500 in revenues since our inception on January 17, 2013. Our cost of goods sold was $90,882 resulting in a gross profit of $87,618. During the period from inception to March 31, 2015, our operating expenses were comprised of general and administrative expenses of $107,701 and interest expense of $800. We generated $65,000 and $5,000 in revenues for the three months ending March 31, 2015 and 2014, respectively. Our cost of goods sold was $30,918 and $19,783, resulting in a gross profit of $34,082 for the three months ended March 31, 2015 and a net loss of $14,783 for the three months ended March 31, 2014. We incurred operating expenses of $2,425 and $5,229 for the three months ended March 31, 2015 and 2014, respectively. These expenses consisted of general operating expenses incurred in connection with the day to day operation of our business and the preparation and filing of our periodic reports. We also incurred $600 in interest expense for the three months ended March 31, 2015. 8 As of March 31, 2015, there is a total of $100 in a note payable that is owed by the company to Russell Rheingrover, an officer and director, for expenses that he has paid on behalf of the company. The note is interest free and payable on demand. As of March 31, 2015 the company had $52,000 in accounts receivable, $440 in accounts payable and $800 in interest payable. We received the initial equity funding of $33,000 from our sole officer, Russell Rheingrover, who purchased 33,000,000 shares of our common stock at $0.001 per share. The company's Registration Statement on Form S-1 was declared effective on July 25, 2014. In October 2014 the company sold 15,000,000 shares of common stock to 50 independent shareholders at a price of $0.033 per share for total proceeds of $49,500, pursuant to the Registration Statement. The company had 48,000,000 shares of common stock issued and outstanding as of March 31, 2015. The following table provides selected financial data about our Company for the period ended March 31, 2015. For detailed financial information, see the financial statements included in this report. Balance Sheet Data: 3/31/2015 ------------------- --------- Cash $ 10,967 Total assets $302,957 Total liabilities $241,340 Stockholder's equity $ 61,617 We are actively working to advance our business plan and Management entered into a Software Consulting and Development Agreement dated May 8, 2013, to license our proprietary price fluctuation and data analysis software to our customer, Sure Street, Inc. The rights to our software are owned solely by Ticket Corp. and we intend to utilize our data analysis software as an integral part of our planned marketing efforts. Per this Agreement we generated $30,000 in revenue and have utilized this funding to replenish and supplement the cash we have been using for regulatory filings, legal and accounting costs and the first phase of our plan of operations. We have also generated $148,500 in revenue from ticket sales. The company has completed the following steps to date: 1. Purchased our domain name WWW.Ticketcorp.com in January 2013. 2. Retained a web designer as of February 2013 who has designed our company logo and website, which is currently an active website. 3. Built a database extension and electronic file system that allows us to store and search customer records. We intend to use this database to analyze our customer database to make selected recommendations for upcoming events. These were completed in April 2013. 9 4. Completed the design of its Smart Ticket Application for use on iPhone and Android Phone operating systems. This application delivers an electronic ticket to customers' phones via text message. It allows scanners at event sites to scan the customers' phones and confirm the customers' valid ticket purchases for event entry without paper tickets. 5. Developing a feature for selling event merchandise through our Smart Ticket Application. This allows us to send our customers a text code that allows them to purchase event merchandise without having to stand in line at post event sales booths. 6. Developing an additional software feature which allows us to analyze current customer purchases and recommend customized future additional services and products via their phones. 7. We retained a software engineer to develop our software. We have begun the initial phase of our business plan of operations by continuing to develop our website and our ticket application software. We secured a contract to provide this software to a customer per a software development contract and invoiced the customer $30,000. 8. We retained a technology advisor, Steve Sarveil. He provides his knowledge of technology and a conceptual advisor to the company's technology projects. He is neither an employee nor a contractor. He meets primarily via phone once a month and spends approximately 2 to 4 hours a month on company matters with no remuneration. He was chosen for his knowledge in engineering and marketing in the ticket and event industry. He will assist the company with its technology applications. 9. We purchased a small amount of tickets in October 2013 in order to test our order processing infrastructure. This resulted in a small amount of revenue ($14,000) being generated from ticket sales during the year ended December 31, 2013. We generated $69,500 in ticket sales during the year ended December 31, 2014 and an additional $65,000 for the quarter ended March 31, 2015. We intend to complete the ticket application software programming and release the application in 2015. On December 17, 2014 the Company signed a Promissory Note in the amount of $240,000 with Russell Rheingrover. The note has an annual interest of 1.00%. The maturity date of the note is March 13, 2018. The note is associated with an Assignment Agreement between the Company and Mr. Rheingrover wherein Mr. Rheingrover assigned all of his rights to the Stadium Builders License Agreement with the Santa Clara Stadium Authority to purchase and resell tickets to San Francisco 49er's games with a fair market value of $80,000 per year for three years. PLAN OF OPERATION FOR THE NEXT 12 MONTHS FIRST QUARTER Complete our Software Development and Integration and Website Development. Software integration is adapting our software to work on the various consumer devices such as Smart Phones and Tablets. This includes Technical Development $6,000, Website Development $5,000, Merchant PayPal Development $1,000, Customer Database Development, and Customer Lists $6,000. Total Estimated Costs $18,000. 10 Retain a Marketing - Public Relations Consultant to place stories and press releases about Ticket Corp, including but not limited to launch, strategic partnerships, contests and promotions including social media such as Facebook, Twitter and Instagram. Total Estimated Costs $2,500. Marketing - Public Relations Consultant will implement promotions and contests to include but not limited to NFL pick `em contest, March Madness Contest etc. Total Estimated Costs $500. Total Quarter Estimated Costs $21,000. SECOND QUARTER Marketing - Public Relations Consultant to continue marketing plan to include stories and press releases, contests and promotions, etc. Total Quarter Estimated Costs $9,000. THIRD QUARTER Marketing - Public Relations Consultant to continue marketing plan to include stories and press releases, contests and promotions, etc. Total estimated costs $9,000. In addition, Marketing - Public Relations Consultant to manage Hotel Concierge and Venue program by establishing relationships with major hotels and their concierges in the San Francisco Bay Area to have these concierges recommend Ticket Corp as their preferred provider of event tickets for their guests. Concierges are encouraged to promote Ticket Corp. by providing them with commissions and free tickets for referrals that result in sales. Total estimated costs $750. Ticket Corp. intends to also recommend hotels that want to refer us to their guests by offering those hotels a "preferred hotel" status that will be listed on our website as a "recommended hotel" to our customers. There are no estimated costs for this "recommended hotel" program. Total Quarter Estimated Costs $9,750. FOURTH QUARTER Marketing - Public Relations Consultant to continue marketing plan to include stories and press releases, contests and promotions, etc. Total estimated costs $9,000. In addition, Marketing - Public Relations Consultant to manage Hotel Concierge and Venue program by establishing relationships with major hotels and their concierges in the San Francisco Bay Area to have these concierges recommend Ticket Corp as their preferred provider of event tickets for their guests. Concierges are encouraged to promote Ticket Corp. by providing them with commissions and free tickets for referrals that result in sales. Total estimated costs $750. 11 Ticket Corp. intends to also recommend hotels that want to refer us to their guests by offering those hotels a "preferred hotel" status that will be listed on our website as a "recommended hotel" to our customers. There are no estimated costs for this "recommended hotel" program. Total Quarter Estimated Costs $9,750. The total estimated cost for our operating plan for the twelve month period is approximately $49,500. If we are successful in implementing this initial part of the business plan and we begin to produce sales from the app or website, we may hire one or more additional staff to handle increased demands, site monitoring, data entry, and customer support. There may be additional demands placed on the company for website development and a consequent need to broaden the management team. Depending on availability of funds and the opportunities available to the Company, we may hire marketing personnel to access additional sales and distribution channels. We estimate that we will need approximately $7,500 to cover accounting fees in the next twelve months to remain in compliance with SEC rules. LIQUIDITY AND CAPITAL RESOURCES Our assets at March 31, 2015 were $302,957 which included $10,957 in cash, $52,000 in accounts receivable and $240,000 in a Ticket Assignment Agreement. Management estimates our current monthly "burn rate" to be $7,000 and estimate our current cash and receivables will last until December 2015, if no additional revenues are realized. OFF-BALANCE SHEET ARRANGEMENTS We do not have any off-balance sheet arrangements that have or are reasonably likely to have a current or future effect on our financial condition, changes in financial condition, revenues or expenses, results of operations, liquidity, capital expenditures or capital resources that is material to investors. PART II. OTHER INFORMATION ITEM 4. CONTROLS AND PROCEDURES EVALUATION OF DISCLOSURE CONTROLS AND PROCEDURES Management maintains "disclosure controls and procedures," as such term is defined in Rule 13a-15(e) under the Securities Exchange Act of 1934 (the "Exchange Act"), that are designed to ensure that information required to be disclosed in our Exchange Act reports is recorded, processed, summarized and reported within the time periods specified in the Securities and Exchange Commission rules and forms, and that such information is accumulated and communicated to management, including our Chief Executive Officer and Chief Financial Officer, as appropriate, to allow timely decisions regarding required disclosure. 12 In connection with the preparation of this quarterly report on Form 10-Q, an evaluation was carried out by management, with the participation of the Chief Executive Officer and the Chief Financial Officer, of the effectiveness of our disclosure controls and procedures (as defined in Rules 13a-15(e) and 15d-15(e) under the Exchange Act) as of March 31, 2015. Based on that evaluation, management concluded, as of the end of the period covered by this report, that our disclosure controls and procedures were effective in recording, processing, summarizing, and reporting information required to be disclosed, within the time periods specified in the Securities and Exchange Commission's rules and forms. CHANGES IN INTERNAL CONTROLS OVER FINANCIAL REPORTING As of the end of the period covered by this report, there have been no changes in the internal controls over financial reporting during the quarter ended March 31, 2015, that materially affected, or are reasonably likely to materially affect, our internal control over financial reporting subsequent to the date of management's last evaluation. ITEM 6. EXHIBITS The following exhibits are included with this quarterly filing. Those marked with an asterisk and required to be filed hereunder, are incorporated by reference and can be found in their entirety in our Registration Statement on Form S-1, filed under SEC File Number 333-187544, at the SEC website at : Exhibit No. Description ----------- ----------- 3.1 Articles of Incorporation* 3.2 Bylaws* 31.1 Sec. 302 Certification of Principal Executive Officer 31.2 Sec. 302 Certification of Principal Financial Officer 32.1 Sec. 906 Certification of Principal Executive Officer 32.2 Sec. 906 Certification of Principal Financial Officer 101 Interactive data files pursuant to Rule 405 of Regulation S-T 13 SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized on this 6th day of May, 2015. Ticket Corp., Registrant By: /s/ Russell Rheingrover -------------------------------------- Russell Rheingrover, CEO Principal Executive Officer, Secretary and Director By: /s/ Kristi Ann Nelson -------------------------------------- Kristi Ann Nelson CFO, Treasurer, Principal Financial Officer, Principal Accounting Officer and Director
/s/ Russell Rheingrover Principal Executive Officer & Director May 6, 2015 --------------------------- -------------------------------------- ----------- Russell Rheingrover Title Date /s/ Kristi Ann Nelson Principal Financial Officer & Director May 6, 2015 --------------------------- -------------------------------------- ----------- Kristi Ann Nelson Title Date /s/ Kristi Ann Nelson Principal Accounting Officer & Director May 6, 2015 --------------------------- -------------------------------------- ----------- Kristi Ann Nelson Title Date
14
EX-31.1 2 ex31-1.txt Exhibit 31.1 CERTIFICATION I, Russell Rheingrover, certify that: 1. I have reviewed this report on Form 10-Q. 2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report; 3. Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report; 4. The registrant's other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have: a) Designed such disclosure controls and procedures or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared; b) Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles; c) Evaluated the effectiveness of the registrant's disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and d) Disclosed in this report any change in the registrant's internal control over financial reporting that occurred during the registrant's most recent fiscal quarter (the registrant's fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant's internal control over financial reporting; and 5. The registrant's other certifying officer(s) and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant's auditors and the audit committee of registrant's board of directors (or persons performing the equivalent functions): a) All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant's ability to record, process, summarize and report financial information; and b) Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's internal control over financial reporting. Date: May 6, 2015 /s/ Russell Rheingrover ------------------------------------- Russell Rheingrover President and Chief Executive Officer EX-31.2 3 ex31-2.txt Exhibit 31.2 CERTIFICATION I, Kristi Ann Nelson, certify that: 1. I have reviewed this report on Form 10-Q. 2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report; 3. Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report; 4. The registrant's other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have: a) Designed such disclosure controls and procedures or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared; b) Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles; c) Evaluated the effectiveness of the registrant's disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and d) Disclosed in this report any change in the registrant's internal control over financial reporting that occurred during the registrant's most recent fiscal quarter (the registrant's fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant's internal control over financial reporting; and 5. The registrant's other certifying officer(s) and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant's auditors and the audit committee of registrant's board of directors (or persons performing the equivalent functions): a) All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant's ability to record, process, summarize and report financial information; and b) Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's internal control over financial reporting. Date: May 6, 2015 /s/ Kristi Ann Nelson -------------------------------------- Kristi Ann Nelson Chief Financial and Accounting Officer EX-32.1 4 ex32-1.txt Exhibit 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 In connection with the Quarterly Report of Ticket Corp. (the "Company") on Form 10-Q for the period ending March 31, 2015 as filed with the Securities and Exchange Commission on the date hereof (the "Report"), I, Russell Rheingrover, Chief Executive Officer of the Company, certify, pursuant to 18 U.S.C. ss.1350, as adopted pursuant to ss.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 result of operations of the Company. IN WITNESS WHEREOF, the undersigned has executed this certification as of the 6th day of May, 2015. /s/ Russell Rheingrover ---------------------------------- Chief Executive Officer EX-32.2 5 ex32-2.txt Exhibit 32.2 CERTIFICATION OF CHIEF FINANCIAL OFFICER 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 Ticket Corp. (the "Company") on Form 10-Q for the period ending March 31, 2015 as filed with the Securities and Exchange Commission on the date hereof (the "Report"), I, Kristi Ann Nelson, Chief Financial Officer of the Company, certify, pursuant to 18 U.S.C. ss.1350, as adopted pursuant to ss.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 result of operations of the Company. IN WITNESS WHEREOF, the undersigned has executed this certification as of the 6th day of May, 2015. /s/ Kristi Ann Nelson ---------------------------------- Chief Financial Officer EX-101.INS 6 tick-20150331.xml 0001570279 us-gaap:ChiefExecutiveOfficerMember 2013-01-01 2013-01-31 0001570279 2014-01-01 2014-03-31 0001570279 2014-10-01 2014-10-31 0001570279 us-gaap:ChiefExecutiveOfficerMember tick:PromissoryNoteMember 2014-12-17 0001570279 us-gaap:ChiefExecutiveOfficerMember tick:PromissoryNoteMember 2014-12-01 2014-12-17 0001570279 2014-12-31 0001570279 2015-01-01 2015-03-31 0001570279 2015-03-31 0001570279 us-gaap:ChiefExecutiveOfficerMember 2015-03-31 0001570279 2013-01-17 2015-03-31 0001570279 2015-05-01 0001570279 2013-12-31 0001570279 2014-03-31 xbrli:shares iso4217:USD iso4217:USDxbrli:shares tick:shareholder xbrli:pure Ticket Corp. 0001570279 --12-31 Smaller Reporting Company 48000000 10-Q 2015-03-31 false 2015 Q1 30577 10957 17472 9858 11000 52000 281577 302957 10498 440 100 100 100 250798 241340 34500 34500 48000 48000 51721 20883 30779 61617 281577 302957 100000000 100000000 0.001 0.001 48000000 48000000 48000000 48000000 5000 65000 178500 19783 30918 90882 -14783 34082 87618 5229 2645 107701 5229 3245 108501 -20012 30837 -20883 -0.001 0.001 0.000 33000000 48000000 48000000 -5000 41000 52000 -372 7027 -10058 440 -7614 -19620 -311543 48000 240000 322500 -7614 -19620 10957 <div style="font: bold 10pt/normal 'times new roman', times, serif; text-align: left; color: #000000; text-transform: none; text-indent: 0px; letter-spacing: normal; word-spacing: 0px; white-space: normal; widows: 1; -webkit-text-stroke-width: 0px;">NOTE 1.&#160;&#160; ORGANIZATION AND DESCRIPTION OF BUSINESS</div> <div style="font: 13.33px/normal 'times new roman', times, serif; color: #000000; text-transform: none; text-indent: 0px; letter-spacing: normal; word-spacing: 0px; white-space: normal; widows: 1; -webkit-text-stroke-width: 0px;">&#160;</div> <div style="font: 10pt/normal 'times new roman', times, serif; text-align: left; color: #000000; text-transform: none; text-indent: 0px; letter-spacing: normal; word-spacing: 0px; white-space: normal; widows: 1; -webkit-text-stroke-width: 0px;">Ticket Corp. 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GOING CONCERN
3 Months Ended
Mar. 31, 2015
Going Concern [Abstract]  
GOING CONCERN
NOTE 4.   GOING CONCERN
 
The accompanying financial statements are presented on a going concern basis.  The Company had limited operations during the period from January 17, 2013 (date of inception) to March 31, 2014.  This condition raises substantial doubt about the Company's ability to continue as a going concern.  The Company is currently in the development stage and has minimal expenses, management believes that the Company's current cash of $10,957 plus current revenues is sufficient to cover the expenses they will incur during the next twelve months.
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RECENT ACCOUNTING PRONOUCEMENTS
3 Months Ended
Mar. 31, 2015
Accounting Changes and Error Corrections [Abstract]  
RECENT ACCOUNTING PRONOUCEMENTS
NOTE 3.   RECENT ACCOUNTING PRONOUCEMENTS
 
The Company has evaluated all the recent accounting pronouncements through the date the financial statements were issued and filed with the Securities and Exchange Commission and believe that none of them will have a material effect on the Company's financial statements.
XML 17 R2.htm IDEA: XBRL DOCUMENT v2.4.1.9
BALANCE SHEETS (USD $)
Mar. 31, 2015
Dec. 31, 2014
CURRENT ASSETS    
Cash $ 10,957us-gaap_CashAndCashEquivalentsAtCarryingValue $ 30,577us-gaap_CashAndCashEquivalentsAtCarryingValue
Accounts Receivable 52,000us-gaap_AccountsReceivableNetCurrent 11,000us-gaap_AccountsReceivableNetCurrent
Inventory      
Ticket Assignment Agreement 240,000tick_TicketAssignmentAgreement 240,000tick_TicketAssignmentAgreement
Total Current Assets 302,957us-gaap_AssetsCurrent 281,577us-gaap_AssetsCurrent
TOTAL ASSETS 302,957us-gaap_Assets 281,577us-gaap_Assets
Current Liabilities:    
Accounts Payable 440us-gaap_AccountsPayableCurrent 10,498us-gaap_AccountsPayableCurrent
Interest Payable 800us-gaap_InterestPayableCurrent 200us-gaap_InterestPayableCurrent
Due to Related Party 100us-gaap_DueToRelatedPartiesCurrent 100us-gaap_DueToRelatedPartiesCurrent
Total Current Liabilities 1,340us-gaap_LiabilitiesCurrent 10,798us-gaap_LiabilitiesCurrent
Long Term Liabilities:    
Note Payable - Shareholder 240,000us-gaap_NotesPayableRelatedPartiesNoncurrent 240,000us-gaap_NotesPayableRelatedPartiesNoncurrent
Total Current Liabilities 240,000us-gaap_LiabilitiesNoncurrent 240,000us-gaap_LiabilitiesNoncurrent
TOTAL LIABILITIES 241,340us-gaap_Liabilities 250,798us-gaap_Liabilities
STOCKHOLDERS' EQUITY    
Common stock: authorized 100,000,000; $0.001 par value; 48,000,000 shares issued and outstanding at March 31, 2015 and December 31, 2014 34,500us-gaap_CommonStockValue 34,500us-gaap_CommonStockValue
Paid in capital 48,000us-gaap_AdditionalPaidInCapitalCommonStock 48,000us-gaap_AdditionalPaidInCapitalCommonStock
Deficit accumulated during the development stage (20,883)us-gaap_DevelopmentStageEnterpriseDeficitAccumulatedDuringDevelopmentStage (51,721)us-gaap_DevelopmentStageEnterpriseDeficitAccumulatedDuringDevelopmentStage
Total Stockholders' Equity 61,617us-gaap_StockholdersEquity 30,779us-gaap_StockholdersEquity
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 302,957us-gaap_LiabilitiesAndStockholdersEquity $ 281,577us-gaap_LiabilitiesAndStockholdersEquity
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ORGANIZATION AND DESCRIPTION OF BUSINESS
3 Months Ended
Mar. 31, 2015
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
ORGANIZATION AND DESCRIPTION OF BUSINESS
NOTE 1.   ORGANIZATION AND DESCRIPTION OF BUSINESS
 
Ticket Corp. (the Company) was incorporated under the laws of the State of Nevada on January 17, 2013.  The Company was formed to become a provider of tickets in the San Francisco Bay Area and a national provider of premium seats and entrance to concerts, sporting events, theatre and entertainment, including corporate and group ticketing, special events and promotions worldwide.
 
The Company is in the development stage. Its activities to date have been limited to capital formation, organization, development of its business plan and limited revenue production.
XML 20 Show.js IDEA: XBRL DOCUMENT /** * Rivet Software Inc. * * @copyright Copyright (c) 2006-2011 Rivet Software, Inc. All rights reserved. * Version 2.4.0.3 * */ var Show = {}; Show.LastAR = null, Show.hideAR = function(){ Show.LastAR.style.display = 'none'; }; Show.showAR = function ( link, id, win ){ if( Show.LastAR ){ Show.hideAR(); } var ref = link; do { ref = ref.nextSibling; } while (ref && ref.nodeName != 'TABLE'); if (!ref || ref.nodeName != 'TABLE') { var tmp = win ? win.document.getElementById(id) : document.getElementById(id); if( tmp ){ ref = tmp.cloneNode(true); ref.id = ''; link.parentNode.appendChild(ref); } } if( ref ){ ref.style.display = 'block'; Show.LastAR = ref; } }; Show.toggleNext = function( link ){ var ref = link; do{ ref = ref.nextSibling; }while( ref.nodeName != 'DIV' ); if( ref.style && ref.style.display && ref.style.display == 'none' ){ ref.style.display = 'block'; if( link.textContent ){ link.textContent = link.textContent.replace( '+', '-' ); }else{ link.innerText = link.innerText.replace( '+', '-' ); } }else{ ref.style.display = 'none'; if( link.textContent ){ link.textContent = link.textContent.replace( '-', '+' ); }else{ link.innerText = link.innerText.replace( '-', '+' ); } } }; XML 21 R7.htm IDEA: XBRL DOCUMENT v2.4.1.9
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
3 Months Ended
Mar. 31, 2015
Accounting Policies [Abstract]  
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
NOTE 2.   SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
 
Basis of Accounting
 
The Company's financial statements are prepared using the accrual method of accounting.  On November 1, 2014 the Board of Directors changed the year end of the Company from January 31 to December 31.  The change to the year-end has resulted in the Company filing its annual report on Form 10-K for the year ending December 31, 2014.
 
Basic Loss per Share
 
ASC No. 260, "Earnings per Share", specifies the computation, presentation and disclosure requirements for earnings (loss) per share for entities with publicly held common stock.   The Company has adopted the provisions of ASC No. 260.
 
Basic net loss per share amounts is computed by dividing the net loss by the weighted average number of common shares outstanding.  Diluted loss per share is the same as basic loss per share due to the lack of dilutive items in the Company.
 
Cash Equivalents
 
The Company considers all highly liquid investments purchased with an original maturity of three months or less to be cash equivalents.
 
Use of Estimates and Assumptions
 
The preparation of financial statements in conformity with generally accepted accounting principles 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. In accordance with ASC No. 250 all adjustments are normal and recurring.
 
Income Taxes
 
Income taxes are provided in accordance with ASC No. 740, Accounting for Income Taxes.  A deferred tax asset or liability is recorded for all temporary differences between financial and tax reporting and net operating loss carry-forwards.  Deferred tax expense (benefit) results from the net change during the year of deferred tax assets and liabilities.
 
Deferred tax assets are reduced by a valuation allowance when, in the opinion of management, it is more likely than not that some portion or all of the deferred tax assets will not be realized.  Deferred tax assets and liabilities are adjusted for the effects of changes in tax laws and rates on the date of enactment.
 
Revenue
 
The Company records revenue on the accrual basis when all goods and services have been performed and delivered, the amounts are readily determinable, and collection is reasonably assured.
XML 22 R3.htm IDEA: XBRL DOCUMENT v2.4.1.9
BALANCE SHEETS (Parentheticals) (USD $)
Mar. 31, 2015
Dec. 31, 2014
Statement of Financial Position [Abstract]    
Common stock, shares authorized 100,000,000us-gaap_CommonStockSharesAuthorized 100,000,000us-gaap_CommonStockSharesAuthorized
Common stock, par value (in dollars per share) $ 0.001us-gaap_CommonStockParOrStatedValuePerShare $ 0.001us-gaap_CommonStockParOrStatedValuePerShare
Common stock, shares issued 48,000,000us-gaap_CommonStockSharesIssued 48,000,000us-gaap_CommonStockSharesIssued
Common stock, shares outstanding 48,000,000us-gaap_CommonStockSharesOutstanding 48,000,000us-gaap_CommonStockSharesOutstanding
XML 23 R17.htm IDEA: XBRL DOCUMENT v2.4.1.9
STOCK TRANSACTIONS (Detail Textuals) (USD $)
1 Months Ended
Oct. 31, 2014
shareholder
Jan. 31, 2013
Mar. 31, 2015
Dec. 31, 2014
Stock Transactions [Line Items]        
Number of shares issued 15,000,000us-gaap_StockIssuedDuringPeriodSharesIssuedForCash      
Number of independent shareholder 50tick_NumberOfIndependentShareholder      
Per share amount of shares issued (in dollars per share) $ 0.033us-gaap_EquityIssuancePerShareAmount      
Value of shares issued $ 49,500us-gaap_StockIssuedDuringPeriodValueIssuedForCash      
Common stock, shares issued     48,000,000us-gaap_CommonStockSharesIssued 48,000,000us-gaap_CommonStockSharesIssued
Common stock, shares outstanding     48,000,000us-gaap_CommonStockSharesOutstanding 48,000,000us-gaap_CommonStockSharesOutstanding
Russell Rhiengrover        
Stock Transactions [Line Items]        
Number of shares issued   33,000,000us-gaap_StockIssuedDuringPeriodSharesIssuedForCash
/ us-gaap_RelatedPartyTransactionsByRelatedPartyAxis
= us-gaap_ChiefExecutiveOfficerMember
   
Per share amount of shares issued (in dollars per share)   $ 0.001us-gaap_EquityIssuancePerShareAmount
/ us-gaap_RelatedPartyTransactionsByRelatedPartyAxis
= us-gaap_ChiefExecutiveOfficerMember
   
Value of shares issued   $ 33,000us-gaap_StockIssuedDuringPeriodValueIssuedForCash
/ us-gaap_RelatedPartyTransactionsByRelatedPartyAxis
= us-gaap_ChiefExecutiveOfficerMember
   
XML 24 R1.htm IDEA: XBRL DOCUMENT v2.4.1.9
Document and Entity Information
3 Months Ended
Mar. 31, 2015
May 01, 2015
Document And Entity Information [Abstract]    
Entity Registrant Name Ticket Corp.  
Entity Central Index Key 0001570279  
Current Fiscal Year End Date --12-31  
Entity Filer Category Smaller Reporting Company  
Entity Common Stock, Shares Outstanding   48,000,000dei_EntityCommonStockSharesOutstanding
Document Type 10-Q  
Document Period End Date Mar. 31, 2015  
Amendment Flag false  
Document Fiscal Year Focus 2015  
Document Fiscal Period Focus Q1  
XML 25 R18.htm IDEA: XBRL DOCUMENT v2.4.1.9
STOCKHOLDERS' EQUITY (Detail Textuals) (USD $)
Mar. 31, 2015
Dec. 31, 2014
Equity [Abstract]    
Common stock, par value (in dollars per share) $ 0.001us-gaap_CommonStockParOrStatedValuePerShare $ 0.001us-gaap_CommonStockParOrStatedValuePerShare
Common stock, shares authorized 100,000,000us-gaap_CommonStockSharesAuthorized 100,000,000us-gaap_CommonStockSharesAuthorized
Common stock, shares issued 48,000,000us-gaap_CommonStockSharesIssued 48,000,000us-gaap_CommonStockSharesIssued
Common stock, shares outstanding 48,000,000us-gaap_CommonStockSharesOutstanding 48,000,000us-gaap_CommonStockSharesOutstanding
XML 26 R4.htm IDEA: XBRL DOCUMENT v2.4.1.9
STATEMENTS OF OPERATIONS (Unaudited) (USD $)
3 Months Ended 26 Months Ended
Mar. 31, 2015
Mar. 31, 2014
Mar. 31, 2015
Income Statement [Abstract]      
REVENUES $ 65,000us-gaap_SalesRevenueGoodsNet $ 5,000us-gaap_SalesRevenueGoodsNet $ 178,500us-gaap_SalesRevenueGoodsNet
TOTAL REVENUES 65,000us-gaap_Revenues 5,000us-gaap_Revenues 178,500us-gaap_Revenues
COST OF GOODS SOLD      
Beta Test Expense   372tick_BetaTestExpense 372tick_BetaTestExpense
Purchases - Resale Tickets 30,918tick_PurchasesResaleTickets 19,411tick_PurchasesResaleTickets 90,510tick_PurchasesResaleTickets
TOTAL COST OF GOODS SOLD 30,918us-gaap_CostOfGoodsSold 19,783us-gaap_CostOfGoodsSold 90,882us-gaap_CostOfGoodsSold
GROSS PROFIT 34,082us-gaap_GrossProfit (14,783)us-gaap_GrossProfit 87,618us-gaap_GrossProfit
Operating Expenses:      
General and administrative 2,645us-gaap_GeneralAndAdministrativeExpense 5,229us-gaap_GeneralAndAdministrativeExpense 107,701us-gaap_GeneralAndAdministrativeExpense
Interest Expense 600us-gaap_InterestExpense   800us-gaap_InterestExpense
Total Expenses 3,245us-gaap_OperatingExpenses 5,229us-gaap_OperatingExpenses 108,501us-gaap_OperatingExpenses
Net loss for the period $ 30,837us-gaap_NetIncomeLoss $ (20,012)us-gaap_NetIncomeLoss $ (20,883)us-gaap_NetIncomeLoss
Net loss per share:      
Basic and diluted (in dollars per share) $ 0.001us-gaap_EarningsPerShareBasicAndDiluted $ (0.001)us-gaap_EarningsPerShareBasicAndDiluted $ 0.000us-gaap_EarningsPerShareBasicAndDiluted
Weighted average number of shares outstanding:      
Basic and diluted (in shares) 48,000,000us-gaap_WeightedAverageNumberOfShareOutstandingBasicAndDiluted 33,000,000us-gaap_WeightedAverageNumberOfShareOutstandingBasicAndDiluted 48,000,000us-gaap_WeightedAverageNumberOfShareOutstandingBasicAndDiluted
XML 27 R12.htm IDEA: XBRL DOCUMENT v2.4.1.9
STOCKHOLDERS' EQUITY
3 Months Ended
Mar. 31, 2015
Equity [Abstract]  
STOCKHOLDERS' EQUITY
NOTE 7.  STOCKHOLDERS' EQUITY
 
The stockholders' equity section of the Company contains the following classes of capital stock as of March 31, 2015:
 
Common stock, $ 0.001 par value: 100,000,000 shares authorized; 48,000,000 shares issued and outstanding.
XML 28 R11.htm IDEA: XBRL DOCUMENT v2.4.1.9
STOCK TRANSACTIONS
3 Months Ended
Mar. 31, 2015
Stock Transactions [Abstract]  
STOCK TRANSACTIONS
NOTE 6.  STOCK TRANSACTIONS
 
On January 31, 2013, the Company issued a total of 33,000,000 shares of common stock to its sole officer Russell Rhiengrover for cash in the amount of $0.001 per share for a total of $33,000.
 
The company's Registration Statement on Form S-1 was declared effective on July 25, 2014.  In October 2014 the company sold 15,000,000 shares of common stock to 50 independent shareholders at a price of $0.033 per share for total proceeds of $49,500, pursuant to the Registration Statement.
 
As of March 31, 2015 the Company had 48,000,000 shares of common stock issued and outstanding.
XML 29 R15.htm IDEA: XBRL DOCUMENT v2.4.1.9
GOING CONCERN (Detail Textuals) (USD $)
Mar. 31, 2015
Dec. 31, 2014
Mar. 31, 2014
Dec. 31, 2013
Going Concern [Abstract]        
Cash $ 10,957us-gaap_CashAndCashEquivalentsAtCarryingValue $ 30,577us-gaap_CashAndCashEquivalentsAtCarryingValue $ 9,858us-gaap_CashAndCashEquivalentsAtCarryingValue $ 17,472us-gaap_CashAndCashEquivalentsAtCarryingValue
XML 30 R13.htm IDEA: XBRL DOCUMENT v2.4.1.9
SUBSEQUENT EVENTS
3 Months Ended
Mar. 31, 2015
Subsequent Events [Abstract]  
SUBSEQUENT EVENTS
NOTE 8.  SUBSEQUENT EVENTS
 
The Company evaluated all other events or transactions that occurred after March 31, 2015 up through date the Company issued these financial statements and found no subsequent event that needed to be reported.
XML 31 R14.htm IDEA: XBRL DOCUMENT v2.4.1.9
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)
3 Months Ended
Mar. 31, 2015
Accounting Policies [Abstract]  
Basis of Accounting
Basis of Accounting
 
The Company's financial statements are prepared using the accrual method of accounting.  On November 1, 2014 the Board of Directors changed the year end of the Company from January 31 to December 31.  The change to the year-end has resulted in the Company filing its annual report on Form 10-K for the year ending December 31, 2014.
Basic Loss per Share
Basic Loss per Share
 
ASC No. 260, "Earnings per Share", specifies the computation, presentation and disclosure requirements for earnings (loss) per share for entities with publicly held common stock.   The Company has adopted the provisions of ASC No. 260.
 
Basic net loss per share amounts is computed by dividing the net loss by the weighted average number of common shares outstanding.  Diluted loss per share is the same as basic loss per share due to the lack of dilutive items in the Company.
Cash Equivalents
Cash Equivalents
 
The Company considers all highly liquid investments purchased with an original maturity of three months or less to be cash equivalents.
Use of Estimates and Assumptions
Use of Estimates and Assumptions
 
The preparation of financial statements in conformity with generally accepted accounting principles 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. In accordance with ASC No. 250 all adjustments are normal and recurring.
Income Taxes
Income Taxes
 
Income taxes are provided in accordance with ASC No. 740, Accounting for Income Taxes.  A deferred tax asset or liability is recorded for all temporary differences between financial and tax reporting and net operating loss carry-forwards.  Deferred tax expense (benefit) results from the net change during the year of deferred tax assets and liabilities.
 
Deferred tax assets are reduced by a valuation allowance when, in the opinion of management, it is more likely than not that some portion or all of the deferred tax assets will not be realized.  Deferred tax assets and liabilities are adjusted for the effects of changes in tax laws and rates on the date of enactment.
Revenue
Revenue
 
The Company records revenue on the accrual basis when all goods and services have been performed and delivered, the amounts are readily determinable, and collection is reasonably assured.
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RELATED PARTY TRANSACTIONS (Detail Textuals) (USD $)
1 Months Ended
Dec. 17, 2014
Mar. 31, 2015
Dec. 31, 2014
Related Party Transaction [Line Items]      
Due to related party   $ 100us-gaap_DueToRelatedPartiesCurrent $ 100us-gaap_DueToRelatedPartiesCurrent
Russell Rhiengrover      
Related Party Transaction [Line Items]      
Due to related party   100us-gaap_DueToRelatedPartiesCurrent
/ us-gaap_RelatedPartyTransactionsByRelatedPartyAxis
= us-gaap_ChiefExecutiveOfficerMember
 
Russell Rhiengrover | Promissory note      
Related Party Transaction [Line Items]      
Promissory note amount 240,000us-gaap_DebtInstrumentFaceAmount
/ us-gaap_LongtermDebtTypeAxis
= tick_PromissoryNoteMember
/ us-gaap_RelatedPartyTransactionsByRelatedPartyAxis
= us-gaap_ChiefExecutiveOfficerMember
   
Annual interest rate 1.00%us-gaap_DebtInstrumentInterestRateEffectivePercentage
/ us-gaap_LongtermDebtTypeAxis
= tick_PromissoryNoteMember
/ us-gaap_RelatedPartyTransactionsByRelatedPartyAxis
= us-gaap_ChiefExecutiveOfficerMember
   
Maturity date of note Mar. 13, 2018    
Fair market value of tickets $ 80,000tick_FairMarketValueOfTickets
/ us-gaap_LongtermDebtTypeAxis
= tick_PromissoryNoteMember
/ us-gaap_RelatedPartyTransactionsByRelatedPartyAxis
= us-gaap_ChiefExecutiveOfficerMember
   
License agreement term 3 years    
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STATEMENTS OF CASH FLOWS (Unaudited) (USD $)
3 Months Ended 26 Months Ended
Mar. 31, 2015
Mar. 31, 2014
Mar. 31, 2015
Operating activities:      
Net profit (loss) $ 30,837us-gaap_NetIncomeLoss $ (20,012)us-gaap_NetIncomeLoss $ (20,883)us-gaap_NetIncomeLoss
Changes in assets and liabilities:      
Accounts Receivable (41,000)us-gaap_IncreaseDecreaseInAccountsReceivable 5,000us-gaap_IncreaseDecreaseInAccountsReceivable (52,000)us-gaap_IncreaseDecreaseInAccountsReceivable
Inventory   372us-gaap_IncreaseDecreaseInInventories  
Ticket Assignment Agreement     (240,000)tick_IncreaseDecreaseInTicketAssignmentAgreement
Accounts Payable (10,058)us-gaap_IncreaseDecreaseInAccountsPayable 7,027us-gaap_IncreaseDecreaseInAccountsPayable 440us-gaap_IncreaseDecreaseInAccountsPayable
Note Payable - Rheingrover     100us-gaap_IncreaseDecreaseInDueToRelatedParties
Interest Payable 600us-gaap_IncreaseDecreaseInInterestPayableNet   800us-gaap_IncreaseDecreaseInInterestPayableNet
Net cash provided by operating activities (19,620)us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations (7,614)us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations (311,543)us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
Financing activities:      
Note Payable - Shareholder     240,000us-gaap_ProceedsFromRelatedPartyDebt
Capital stock     48,000us-gaap_ProceedsFromIssuanceOfCommonStock
Additional Paid-in Capital     34,500tick_ProceedsFromAdditionalPaidInCapital
Net cash provided by financing activities     322,500us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
Net increase in cash (19,620)us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease (7,614)us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease 10,957us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease
Cash, beginning of period 30,577us-gaap_CashAndCashEquivalentsAtCarryingValue 17,472us-gaap_CashAndCashEquivalentsAtCarryingValue  
Cash, end of period 10,957us-gaap_CashAndCashEquivalentsAtCarryingValue 9,858us-gaap_CashAndCashEquivalentsAtCarryingValue 10,957us-gaap_CashAndCashEquivalentsAtCarryingValue
Cash paid during the period      
Taxes         
Interest         
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RELATED PARTY TRANSACTIONS
3 Months Ended
Mar. 31, 2015
Related Party Transactions [Abstract]  
RELATED PARTY TRANSACTIONS
NOTE 5.   RELATED PARTY TRANSACTIONS
 
The sole officer and two directors of the Company may, in the future, become involved in other business opportunities as they become available, they may face a conflict in selecting between the Company and their other business opportunities.  The Company has not formulated a policy for the resolution of such conflicts.
 
As of March 31, 2015, $100 is owed to Russell Rhiengrover, CEO, from funds loaned by him to the Company and is non-interest bearing with no specific repayment terms.
 
On December 17, 2014 the Company signed a Promissory Note in the amount of $240,000 with Russell Rheingrover.  The note has an annual interest of 1.00%.  The maturity date of the note is March 13, 2018.  The note is associated with an Assignment Agreement between the Company and Mr. Rheingrover wherein Mr. Rheingrover assigned all of his rights to the Stadium Builders License Agreement with the Santa Clara Stadium Authority to purchase and resell tickets to San Francisco 49er's games with a fair market value of $80,000 per year for three years.
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