VR Holdings, Inc.

CIK:0001492052|SEC Filings

Statements of Operations (Unaudited) (USD $)	3 Months Ended		9 Months Ended		95 Months Ended
Statements of Operations (Unaudited) (USD $)	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014
Income Statement [Abstract]
Revenue
Expenses:
General and administrative	23,350,075us-gaap_GeneralAndAdministrativeExpense	11,809us-gaap_GeneralAndAdministrativeExpense	27,564,471us-gaap_GeneralAndAdministrativeExpense	39,663us-gaap_GeneralAndAdministrativeExpense	32,988,197us-gaap_GeneralAndAdministrativeExpense
Impairment of goodwill					1,266,892us-gaap_GoodwillImpairmentLoss
Loss from Operations	(23,350,075)us-gaap_OperatingIncomeLoss	(11,809)us-gaap_OperatingIncomeLoss	(27,564,471)us-gaap_OperatingIncomeLoss	(39,663)us-gaap_OperatingIncomeLoss	(34,255,089)us-gaap_OperatingIncomeLoss
Other income (expense)
Gain on forgiveness of debt					7,414,017
Interest expense					(110,522)us-gaap_InterestExpense
Net income (loss) from continuing operations	(23,350,075)	(11,809)	(27,564,471)	(39,663)	(26,951,594)
Net income (loss) from discontinued operations	5,571	(19,448)	(6,781)	(29,012)	(1,331,328)
Net income (loss)	$ (23,344,504)us-gaap_NetIncomeLoss	$ (31,257)us-gaap_NetIncomeLoss	$ (27,571,252)us-gaap_NetIncomeLoss	$ (68,675)us-gaap_NetIncomeLoss	$ (28,282,922)us-gaap_NetIncomeLoss
Net income (loss) per common share, basic and diluted Continuing operations	$ (0.05)	$ 0.00	$ (0.06)	$ 0.00
Net income (loss) per common share, basic and diluted Discontinued operations	$ 0.00	$ 0.00	$ 0.00	$ 0.00
Net income (loss) per common share, basic and diluted Total	$ (0.05)us-gaap_EarningsPerShareBasicAndDiluted	$ 0.00us-gaap_EarningsPerShareBasicAndDiluted	$ (0.06)us-gaap_EarningsPerShareBasicAndDiluted	$ 0.00us-gaap_EarningsPerShareBasicAndDiluted
Weighted average number of common shares - basic and diluted	450,069,806	448,039,037	448,715,960	448,039,037

Statements of Cash Flows (Unaudited) (USD $)	9 Months Ended		95 Months Ended
Statements of Cash Flows (Unaudited) (USD $)	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income (loss)	$ (27,571,252)us-gaap_NetIncomeLoss	$ (68,675)us-gaap_NetIncomeLoss	$ (28,282,922)us-gaap_NetIncomeLoss
Adjustments to reconcile net income (loss) to net cash from (used in) operating activities:
Depreciation	110us-gaap_Depreciation	110us-gaap_Depreciation	275us-gaap_Depreciation
Share-based compensation	4,200,000us-gaap_ShareBasedCompensation		8,205,475us-gaap_ShareBasedCompensation
Warrants for Services	23,347,264		23,347,264
Expenses paid by shareholder			168,570VRHD_ExpensesPaidByShareholder
Shares for services			765,000
Impairment of goodwill			(1,266,892)us-gaap_GoodwillImpairmentLoss
Loss on exchange of debt for stock			1,153,815VRHD_GainLossOnDebtShareConversion
Gain on settlement of debt			7,414,017
Changes in operating assets and liabilities
Accounts Receivable	(25,989)	16,200	(25,989)
Due from related party	10,754		7,334
Accounts payable	16,117	72,206	586,295
Accounts payable - related party		(27,354)	(4,567)
Accrued interest payable			108,740
Net cash used by operating activities	(22,996)	(7,513)	(117,835)
CASH FLOWS FROM INVESTING ACTIVITIES:
Cash acquired from business acquisition			270us-gaap_CashAcquiredFromAcquisition
Purchase of fixed assets		(832)	(832)
Proceeds from sale of stocks			5,000
Net, cash provided (used) by investing activities		(832)	4,438
CASH PROVIDED BY FINANCING ACTIVITIES:
Net proceeds from issuance of common stock			48,265
Net proceeds from notes payable			50,000us-gaap_ProceedsFromNotesPayable
Donated Capital	15,735VRHD_DonatedCapital		15,735VRHD_DonatedCapital
Net cash provided by financing activities	15,735		114,000
NET CHANGE IN CASH	(7,261)	(8,345)	603
CASH AT BEGINNING OF PERIOD	7,864	8,880
CASH AT END OF PERIOD	603	535	603
Cash paid for:
Interest
Income taxes
Non-cash financing activities:
Debt converted to common stock			8,187,678
Forgiveness of related party accounts payable			$ 5,955

Balance Sheets (Unaudited) (USD $)	Jun. 30, 2014	Sep. 30, 2013
Current assets:
Cash	$ 284us-gaap_Cash	$ 284us-gaap_Cash
Assets held for sale	34,665	16,047
Total assets	34,949us-gaap_Assets	16,331us-gaap_Assets
Current liabilities:
Accounts payable and accrued liabilities	496,431	514,022
Accounts payable, related party	49,144	38,390
Liabilities, related to assets held for sale	96,445	62,737
Liabilities, related party related to assets held for sale	27,355	27,355
Total current liabilities	669,375us-gaap_LiabilitiesCurrent	642,504us-gaap_LiabilitiesCurrent
Shareholders deficit:
Common stock, $0.000001 par value; 550,000,000 shares authorized, 450,139,037 and 448,039,037 shares issued and outstanding, respectively	452us-gaap_CommonStockValueOutstanding	449us-gaap_CommonStockValueOutstanding
Additional paid-in capital	43,140,999us-gaap_AdditionalPaidInCapital	15,578,003us-gaap_AdditionalPaidInCapital
Accumulated deficit	(15,492,955)	(15,492,955)
Deficit during development stage	(28,282,922)	(711,670)
Total shareholders deficit	(634,426)us-gaap_StockholdersEquity	(626,173)us-gaap_StockholdersEquity
Total liabilities and shareholders deficit	$ 34,949	$ 16,331