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SUBSEQUENT EVENTS
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6 Months Ended |
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May 31, 2014
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| Subsequent Events [Abstract] | |
| SUBSEQUENT EVENTS |
NOTE 8 - SUBSEQUENT EVENTS
As disclosed in a filing on Form 8-K with the SEC on May 13, 2014, the Company entered into a non-binding letter of intent (the "LOI") with Cutaia Media Group, LLC ("Cutaia") to acquire all of the issued and outstanding securities of Cutaia. The initial terms of the LOI are disclosed in that filing. Effective May 19, 2014, Cutaia converted to a Nevada corporation under the name "bBooth, Inc.". The LOI was subsequently amended on May 23, 2014 and June 5, 2014, To date, no definitive agreement with respect to the transaction has been entered into, however the parties continue to negotiate in good faith towards its completion. However, there is no assurance that the transactions contemplated by the LOI, as amended, will be completed under the terms planned or at all.
Management has evaluated subsequent events through the date these financial statements were available to be issued. Based on our evaluation no other events have occurred that require disclosure.
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