DMC Beverage Corp.

CIK:0001580426|SEC Filings

Statements of Operations (USD $)	3 Months Ended
Statements of Operations (USD $)	Mar. 31, 2015	Mar. 31, 2014
Income Statement [Abstract]
Revenues	$ 0us-gaap_Revenues	$ 0us-gaap_Revenues
Operating expenses
Selling, general and administrative expenses	(11,857)	(133,917)
Net loss from operations	(11,857)us-gaap_OperatingIncomeLoss	(133,917)us-gaap_OperatingIncomeLoss
Other income (expense):
Interest income	1us-gaap_InterestIncomeOther	226us-gaap_InterestIncomeOther
Interest expense	(34,100)us-gaap_InterestExpense	(27,808)us-gaap_InterestExpense
Total other income (expense)	(34,099)us-gaap_NonoperatingIncomeExpense	(27,582)us-gaap_NonoperatingIncomeExpense
Net loss before income taxes	(45,956)	(161,499)
Provision (benefit) for income taxes	0us-gaap_IncomeTaxExpenseBenefit	0us-gaap_IncomeTaxExpenseBenefit
Net loss	$ (45,956)us-gaap_NetIncomeLoss	$ (161,499)us-gaap_NetIncomeLoss
Net loss per common share - Basic and diluted	$ 0.00us-gaap_EarningsPerShareBasicAndDiluted	$ (0.01)us-gaap_EarningsPerShareBasicAndDiluted
Weighted average number of common shares outstanding during the period - Basic and diluted	18,411,196	13,642,391

Statements of Cash Flows (USD $)	3 Months Ended
Statements of Cash Flows (USD $)	Mar. 31, 2015	Mar. 31, 2014
Cash flows from operating activities:
Net loss	$ (45,956)us-gaap_NetIncomeLoss	$ (161,499)us-gaap_NetIncomeLoss
Adjustments to reconcile net loss to net cash used in operations:
Depreciation	792us-gaap_Depreciation	792us-gaap_Depreciation
Stock based compensation	0us-gaap_ShareBasedCompensation	40,750us-gaap_ShareBasedCompensation
Stock option expense	300us-gaap_StockOptionPlanExpense	600us-gaap_StockOptionPlanExpense
Interest accrued on notes payable	10,364	24,255
Accretion of debt discount as interest	23,736us-gaap_AccretionOfDiscount	3,553us-gaap_AccretionOfDiscount
Change in operating assets and liabilities:
Accounts payable	(800)	22,441
Accrued expenses	0	55,977
Net cash used in operating activities	(11,564)	(13,131)
Cash flows used in investing activities:
Cash advanced to related parties, net	0	(7,459)
Net cash used in investing activities	0	(7,459)
Cash flows provided by financing activities:
Proceeds from issuance of notes payable	0us-gaap_ProceedsFromNotesPayable	30,000us-gaap_ProceedsFromNotesPayable
Net cash provided by financing activities	0	30,000
Net (decrease) increase in cash	(11,564)us-gaap_CashPeriodIncreaseDecrease	9,410us-gaap_CashPeriodIncreaseDecrease
Cash at beginning of period	19,132us-gaap_Cash	269us-gaap_Cash
Cash at end of period	7,568us-gaap_Cash	9,679us-gaap_Cash
Supplemental disclosure of cash flow information
Cash paid for interest	0us-gaap_InterestPaidNet	0us-gaap_InterestPaidNet
Cash paid for taxes	0us-gaap_IncomeTaxesPaidNet	0us-gaap_IncomeTaxesPaidNet
Conversion of note payable and accrued interest to common stock:
Notes payable - related parties	0	(157,438)
Notes payable	0	(10,000)
Accrued interest	0	(45,815)
Additional paid in capital	300	0
Common stock issuable	0	213,253
Conversion of contractor liabilities and amounts due to related parties to common stock:
Contractor liabilities	0	(175,000)
Due to related parties	0	(19,218)
Common stock issuable	0	194,218
Common stock issued as debt discount on notes payable:
Notes payable (debt discount)	0	(18,750)
Common stock issuable	$ 0	$ 18,750

Balance Sheets (USD $)	Mar. 31, 2015	Dec. 31, 2014
Current assets
Cash	$ 7,568us-gaap_Cash	$ 19,132us-gaap_Cash
Total current assets	7,568us-gaap_AssetsCurrent	19,132us-gaap_AssetsCurrent
Property and equipment , net	8,906us-gaap_PropertyPlantAndEquipmentNet	9,698us-gaap_PropertyPlantAndEquipmentNet
Total assets	16,474us-gaap_Assets	28,830us-gaap_Assets
Current liabilities
Accounts Payable	844,144	844,944
Accrued expenses	7,796us-gaap_AccruedLiabilitiesCurrent	7,796us-gaap_AccruedLiabilitiesCurrent
Coupon reimbursement liabilities	231,757none_CouponReimbursementLiabilities	231,757none_CouponReimbursementLiabilities
Accrued interest	125,345us-gaap_InterestPayableCurrent	114,981us-gaap_InterestPayableCurrent
Due to related parties	200	200
Line-of-credit and notes payable - related parties	198,463us-gaap_NotesAndLoansPayableCurrent	174,727us-gaap_NotesAndLoansPayableCurrent
Notes payable	50,000us-gaap_NotesPayableCurrent	50,000us-gaap_NotesPayableCurrent
Total current liabilities	1,457,705us-gaap_LiabilitiesCurrent	1,424,405us-gaap_LiabilitiesCurrent
Other liabilities	0us-gaap_OtherLiabilitiesNoncurrent	0us-gaap_OtherLiabilitiesNoncurrent
Total Liabilities	1,457,705us-gaap_Liabilities	1,424,405us-gaap_Liabilities
Commitments and contingencies
Stockholders' deficit
Preferred stock, 50,000,000 shares authorized, $0.0001 par value, no shares issued or outstanding	0us-gaap_PreferredStockValueOutstanding	0us-gaap_PreferredStockValueOutstanding
Common stock, $0.0001 par value, 2,000,000,000 shares authorized, 18,411,196 shares issued and outstanding at March 31, 2015 and December 31, 2014	1,841us-gaap_CommonStockValueOutstanding	1,841us-gaap_CommonStockValueOutstanding
Additional paid-in capital	4,709,745us-gaap_AdditionalPaidInCapital	4,709,445us-gaap_AdditionalPaidInCapital
Common stock issuable	201none_CommonStockIssuable	201none_CommonStockIssuable
Accumulated deficit	(6,153,018)	(6,107,062)
Total stockholders' deficit	(1,441,231)us-gaap_StockholdersEquity	(1,395,575)us-gaap_StockholdersEquity
Total liabilities and stockholders' deficit	$ 16,474	$ 28,830