XBRL Proof

XBRL File

 
Document - Document and Entity Information
Document - Document and Entity Information (USD $) 3 Months Ended  
( custom:DocumentAndEntityInformationAbstract [Extension] )    
  Oct. 31, 2016 Apr. 25, 2017
     
     
     
Entity Registrant Name Precious Investments, Inc.  
( dei:EntityRegistrantName )    
Entity Central Index Key 0001304741  
( dei:EntityCentralIndexKey )    
Document Type 10-Q  
( dei:DocumentType )    
Document Period End Date 2016-10-31  
( dei:DocumentPeriodEndDate )    
Amendment Flag false  
( dei:AmendmentFlag )    
Current Fiscal Year End Date --07-31  
( dei:CurrentFiscalYearEndDate )    
Is Entity a Well-known Seasoned Issuer? No  
( dei:EntityWellKnownSeasonedIssuer )    
Is Entity a Voluntary Filer? No  
( dei:EntityVoluntaryFilers )    
Is Entity's Reporting Status Current? No  
( dei:EntityCurrentReportingStatus )    
Entity Filer Category Smaller Reporting Company  
( dei:EntityFilerCategory )    
Entity Public Float    
( dei:EntityPublicFloat )    
Entity Common Stock, Shares Outstanding   51,262,577
( dei:EntityCommonStockSharesOutstanding )    
Document Fiscal Period Focus Q1  
( dei:DocumentFiscalPeriodFocus )    
Document Fiscal Year Focus 2016  
( dei:DocumentFiscalYearFocus )    
(End Document - Document and Entity Information)
 
Statement - Balance Sheets
Statement - Balance Sheets (USD $)    
( us-gaap:StatementOfFinancialPositionAbstract )    
  Oct. 31, 2016 Jul. 31, 2016
     
     
     
ASSETS    
( us-gaap:AssetsAbstract )    
    Inventory 1,051,340 1,314,976
    ( us-gaap:InventoryNet )    
    Accounts receivable 94,500
    ( us-gaap:AccountsReceivableNetCurrent )    
    Total current assets 1,145,840 1,314,976
    ( us-gaap:Assets )    
    Total assets 1,145,840 1,314,976
    ( us-gaap:Assets )    
LIABILITIES AND STOCKHOLDERS' EQUITY    
====>>>ELEMENT REQUIRED    
    Current liabilities    
    ( us-gaap:LiabilitiesCurrentAbstract )    
        Accounts payable and accrued liabilities 142,149 102,037
        ( us-gaap:AccountsPayableAndAccruedLiabilitiesCurrent )    
        Promissory notes 16,450 16,450
        ( us-gaap:NotesPayableCurrent )    
        Convertible notes payable 20,203 22,701
        ( us-gaap:ConvertibleNotesPayableCurrent )    
    Related party payables 273,527 159,717
    ( us-gaap:DueToRelatedPartiesCurrent )    
    Total current liabilities 452,329 300,905
    ( us-gaap:LiabilitiesCurrent )    
    Promissory notes - related party 946,100
    ( us-gaap:NotesPayableRelatedPartiesCurrentAndNoncurrent )    
    Total liabilities 1,398,429 300,905
    ( us-gaap:Liabilities )    
Stockholders' equity    
====>>>ELEMENT REQUIRED    
    Preferred stock, par value $.001; 10,000,000 shares authorized; 250,000 and 250,000 issued and outstanding as of October 31, 2016 and July 31, 2016, respectively. 250 250
    ( us-gaap:PreferredStockValue )    
    Common stock; $0.001 par value; 250,000,000 shares authorized; 29,489,477 and 26,750,924 outstanding as of October 31, 2016 and July 31,2016, respectively 29,490 26,751
    ( us-gaap:CommonStockValue )    
    Additional paid-in capital 71,803,189 68,391,085
    ( us-gaap:AdditionalPaidInCapital )    
    Treasury stock (45,000) (45,000)
    ( us-gaap:TreasuryStockValue )    
    Accumulated deficit (72,040,518) (67,359,015)
    ( us-gaap:RetainedEarningsAccumulatedDeficit )    
    Total stockholders' equity (252,589) 1,014,071
    ( us-gaap:StockholdersEquity )    
    Total liabilities and stockholders' equity 1,145,840 1,314,976
    ( us-gaap:LiabilitiesAndStockholdersEquity )    
(End Statement - Balance Sheets)
 
Statement - Balance Sheets (Parenthetical)
Statement - Balance Sheets (Parenthetical) (USD $)    
( us-gaap:StatementOfFinancialPositionAbstract )    
  Oct. 31, 2016 Jul. 31, 2016
     
     
     
Preferred stock, par value 0.001 0.001
( us-gaap:PreferredStockParOrStatedValuePerShare )    
Preferred stock, shares authorized 250,000 10,000,000
( us-gaap:PreferredStockSharesAuthorized )    
Preferred stock, shares issued   250,000
( us-gaap:PreferredStockSharesIssued )    
Preferred stock, shares outstanding   250,000
( us-gaap:PreferredStockSharesOutstanding )    
Common stock, par value   0.001
( us-gaap:CommonStockParOrStatedValuePerShare )    
Common stock, shares authorized   250,000,000
( us-gaap:CommonStockSharesAuthorized )    
Common stock, shares issued    
( us-gaap:CommonStockSharesIssued )    
Common stock, shares outstanding 29,489,477 26,750,924
( us-gaap:CommonStockSharesOutstanding )    
(End Statement - Balance Sheets (Parenthetical))
 
Statement - Statements of Operations
Statement - Statements of Operations (USD $) 3 Months Ended
( us-gaap:IncomeStatementAbstract )  
  Oct. 31, 2016 Oct. 31, 2015
     
     
     
Revenues 668,566
( us-gaap:Revenues )    
Cost of revenue 3,675,004
( us-gaap:CostOfRevenue )    
Gross profit (3,006,438)
( us-gaap:GrossProfit )    
Operating expenses    
( us-gaap:OperatingExpensesAbstract )    
    Executive compensation 25,000
    ( us-gaap:AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation )    
    General and administrative expenses 53,687 4,957
    ( us-gaap:GeneralAndAdministrativeExpense )    
    Professional fees 80,288 10,252
    ( us-gaap:ProfessionalFees )    
    Total operating expenses 158,975 15,209
    ( us-gaap:OperatingExpenses )    
Loss from operations (3,165,413) (15,209)
( us-gaap:OperatingIncomeLoss )    
Other expense    
====>>>ELEMENT REQUIRED    
Interest expense (16,090) (364,286)
( us-gaap:InterestExpense )    
Loss on assest purchase (1,500,000)
( us-gaap:GainLossOnSaleOfOtherAssets )    
Total other expense (1,516,090) (364,286)
( us-gaap:NonoperatingIncomeExpense )    
Net loss (4,681,503) (379,495)
( us-gaap:NetIncomeLoss )    
Net loss per common share: basic and diluted (0.17) (0.11)
( us-gaap:IncomeLossFromContinuingOperationsPerBasicAndDilutedShare )    
Basic and diluted weighted average common shares outstanding 27,245,429 3,377,761
( us-gaap:WeightedAverageNumberOfShareOutstandingBasicAndDiluted )    
(End Statement - Statements of Operations)
 
Statement - Statements of Cash Flows
Statement - Statements of Cash Flows (USD $) 3 Months Ended
( us-gaap:StatementOfCashFlowsAbstract )  
  Oct. 31, 2016 Oct. 31, 2015
     
     
     
Cash Flows from Operating Activities    
( us-gaap:NetCashProvidedByUsedInOperatingActivitiesAbstract )    
    Net loss (4,681,503) (379,495)
    ( us-gaap:NetIncomeLoss )    
    Adjustments to reconcile net loss to net cash provided by operating activities:    
    ( us-gaap:AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract )    
        Amortization of debt discount 978 302,477
        ( us-gaap:AmortizationOfDebtDiscountPremium )    
        Loss on assest purchase 1,500,000
        ( us-gaap:GainLossOnDispositionOfAssets )    
    Changes in assets and liabilities    
    ( us-gaap:IncreaseDecreaseInOperatingCapitalAbstract )    
        Accounts receivable 94,500
        ( us-gaap:AllowanceForDoubtfulAccountsReceivableRecoveries )    
        Accounts payable and accrued expenses 40,112 70,061
        ( us-gaap:IncreaseDecreaseInAccountsPayableAndAccruedLiabilities )    
        Inventory 3,675,003
        ( custom:Inventory [Extension] )    
    Net cash from operating activities 440,090 (6,957)
    ( us-gaap:NetCashProvidedByUsedInOperatingActivities )    
Cash Flows from Financing Activities    
( us-gaap:NetCashProvidedByUsedInFinancingActivitiesAbstract )    
    Proceeds from the sale of common stock 2,000
    ( us-gaap:ProceedsFromIssuanceOrSaleOfEquity )    
    Advances from related parties 113,810 4,957
    ( us-gaap:ProceedsFromRelatedPartyDebt )    
    Payments on Loans Payable 553,900
    ( us-gaap:RepaymentsOfConstructionLoansPayable )    
    Net cash from financing activities (440,090) 6,957
    ( us-gaap:NetCashProvidedByUsedInFinancingActivities )    
Net increase (decrease) in cash
( us-gaap:CashAndCashEquivalentsPeriodIncreaseDecrease )    
Cash, beginning of period
( us-gaap:CashAndCashEquivalentsAtCarryingValue )    
Cash, end of period
( us-gaap:CashAndCashEquivalentsAtCarryingValue )    
Non-Cash investing and financing transactions    
( us-gaap:NoncashInvestingAndFinancingItemsAbstract )    
    Issuance of note payables for inventory 4,000,250
    ( us-gaap:NoncashOrPartNoncashAcquisitionInventoryAcquired1 )    
    Issuance of Common Stock for Inventory 3,411,368  
    ( custom:CommonStockIssuedForInventory [Extension] )    
    Issuance of note payable for intangible assets 1,500,000  
    ( us-gaap:ImpairmentOfIntangibleAssetsExcludingGoodwill )    
    Shares issued to settle convertible debt 3,476
    ( custom:SharesIssuedToSettleConvertibleDebt [Extension] )    
(End Statement - Statements of Cash Flows)
 
Disclosure - Orgnization and Summary of Significant Accounting Policies
Disclosure - Orgnization and Summary of Significant Accounting Policies (USD $) 3 Months Ended
( us-gaap:AccountingPoliciesAbstract )  
  Oct. 31, 2016
   
   
   
ORGANIZATION AND BASIS OF ACCOUNTING

NOTE 1 – ORGNIZATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

 

Organization and Description of Business

 

Precious Investments, Inc. (Formerly FIGO Ventures, Inc.) (‘The Company’) was incorporated under the laws of the State of Nevada on May 26, 2004. The Company was an Exploration Stage Company with the principle business being the acquisition and exploration of resource properties.

 

The Company had allowed its charter with the state of Nevada to be revoked by the Secretary of State for failure to file the required annual lists and pay the required annual fees. Its last known officers and directors reflected in the records of the Secretary of State were unresponsive or stated they were no longer involved with the Company. The purported replacement officers and directors were unresponsive.

 

On September 14, 2012, NPNC Management, LLC filed a petition in the Eighth Judicial District Court in Clark County, Nevada and was appointed custodian of the Company on October 15, 2012.

 

In order to obtain basic operating capital to pay for the reinstatement of the Company’s good standing with the Nevada Secretary of State, to bring the Company’s account current with creditors essential for the reorganization of the Company, such as the transfer agent, and for basic general corporate purposes, on October 24, 2012, the interim board authorized the sale of 55,000,000 (2,200,000 split adjusted) shares of common stock for $6,000 to NPNC Management, LLC, in a private placement transaction exempt from the Securities Act of 1933, as amended, pursuant to section 4(2) thereof and the rules and regulations promulgated there under.

 

On October 24, 2012, NPNC Management, LLC appointed Bryan Clark as director of the Company, to hold office until such time as the shareholders elected a board. The interim board, consisting of Mr. Clark, further acted to appoint Mr. Clark as president, treasurer, and secretary of the Company, to act on behalf of the Company, and to hold such offices until removed by any subsequent board elected by the shareholders.

 

On November 13, 2013, Bryan Clark tendered his resignation from all positions as an Officer and Director of the Company and the Board appointed Anna Wlodarkiewicz as a Director, President, Secretary and Treasurer of the Company.

 

On October 9, 2014, Ania Wlodarkiewicz tendered her resignation from all positions as an Officer and Director of the Company and the Board appointed Nataliya Hearn as a Director, President, Secretary and Treasurer of the Company.

 

On March 28, 2016, Nataliya Hearn resigned as the Company’s Chief Executive Officer and Director. Mr. Kashif Khan is the Company’s sole officer and director.

 

The Company has completed an asset purchase agreement dated August 10, 2015 where the Company acquired from Kashif Khan, its sole officer and director, colored diamonds with a wholesale value of US$4 Million, which he was in control of, in exchange for issuing three secured demand convertible promissory notes totaling US$4 Million.

 

The Company is in the business of purchasing and selling colored diamonds.

 

Basis of Presentation

 

The condensed consolidated interim financial statements are presented in conformity with accounting principles generally accepted in the United States of America, as reported on our fiscal period ended on October31, 2016. We have summarized our most significant accounting policies.

 

NOTE 1 – ORGNIZATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (CONT’D)

 

Unaudited Condensed Consolidated Interim Financial Statements

 

These unaudited condensed consolidated interim financial statements have been prepared on the same basis as the annual financial statement and should be read in conjunction with those annual financial statements filed on Form 10-K for the year ended July 31, 2016. In the opinion of management, these unaudited condensed consolidated interim financial statements reflect adjustments, necessary to present fairly the Company’s financial position, results of operations and cash flows for the periods shown. The results of operations for such periods are not necessarily indicative of the results for a full year or for any future period.

Use of Estimates

 

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 the financial statements and the reported amount of revenues and expenses during the reporting period.  Actual results could differ from those estimates.

 

Derivative Financial Instruments

 

The Company does not use derivative instruments to hedge exposures to cash flow, market, or foreign currency risks.

The Company reviews the terms of convertible loans, equity instruments and other financing arrangements to determine whether there are embedded derivative instruments, including embedded conversion options that are required to be bifurcated and accounted for separately as a derivative financial instrument. Also, in connection with the issuance of financing instruments, the Company may issue freestanding options or warrants to employees and non-employees in connection with consulting or other services. These options or warrants may, depending on their terms, be accounted for as derivative instrument liabilities, rather than as equity.

Derivative financial instruments are initially measured at their fair value. For derivative financial instruments that are accounted for as liabilities, the derivative instrument is initially recorded at fair value and then re-valued at each reporting date, with changes in the fair value reported as charges or credits to income. To the extent that the initial fair values of the freestanding and/or bifurcated derivative instrument liabilities exceed the total proceeds received an immediate charge to income is recognized in order to initially record the derivative instrument liabilities at their fair value.

The discount from the face value of the convertible debt instruments resulting from allocating some or all of the proceeds to the derivative instruments, together with the stated rate of interest on the instrument, is amortized over the life of the instrument through periodic charges to income, using the effective interest method.

The classification of derivative instruments, including whether such instruments should be recorded as liabilities or as equity, is reassessed at the end of each reporting period. If reclassification is required, the fair value of the derivative instrument, as of the determination date, is reclassified. Any previous charges or credits to income for changes in the fair value of the derivative instrument are not reversed. Derivative instrument liabilities are classified in the balance sheet as current or non-current based on whether or not net-cash settlement of the derivative instrument could be required within twelve months of the balance sheet date.

Fair value of financial instruments

 

The Company’s financial instruments consist of its liabilities. The carrying amount of payables and the loan payable – related party approximate fair value because of the short-term nature of these items. The promissory notes, and convertible notes payables are measured at amortized cost using the effective interest method, which approximates fair value due to the relationship between the interest rate on long-term debt and the Company’s incremental risk adjusted borrowing rate.

 

Inventories

Inventory consist of loose colored precious stones and is stated at the lower of cost or net realizable value. The Company writes-down inventory once it has been determined that conditions exist that may not allow the inventory to be sold for its intended purpose or the inventory is determined to be excess or obsolete based on our forecasted future sales. The charge related to inventory write-downs is recorded as a cost of revenue.

( us-gaap:OrganizationConsolidationAndPresentationOfFinancialStatementsDisclosureAndSignificantAccountingPoliciesTextBlock )  
(End Disclosure - Orgnization and Summary of Significant Accounting Policies)
 
Disclosure - Going Concern
Disclosure - Going Concern (USD $) 3 Months Ended
( custom:GoingConcernAbstract [Extension] )  
  Oct. 31, 2016
   
   
   
GOING CONCERN

NOTE 2 – GOING CONCERN

 

These condensed consolidated interim financial statements have been prepared in accordance with generally accepted accounting principles applicable to a going concern, which contemplates the realization of assets and the satisfaction of liabilities and commitments in the normal course of business. As of October 31, 2016, the Company has an accumulated deficit of $72,040,518. The Company’s ability to continue as a going concern is contingent upon the successful completion of additional financing arrangements and our ability to achieve and maintain profitable operations. While we are expanding our best efforts to achieve the above plans, there is no assurance that any such activity will generate funds that will be available for operations. These conditions raise substantial doubt about our ability to continue as a going concern. These condensed consolidated interim financial statements do not include any adjustments that might arise from this uncertainty.

( custom:GoingConcernTextBlock [Extension] )  
(End Disclosure - Going Concern)
 
Disclosure - Promissory Notes
Disclosure - Promissory Notes (USD $) 3 Months Ended
( us-gaap:DebtDisclosureAbstract )  
  Oct. 31, 2016
   
   
   
PROMISSORY NOTES

NOTE 3 – PROMISSORY NOTES

 

Promissory notes payable as of October 31, 2016 and July 31, 2016 consisted of the following:

 

Description   October 31, 2016  

July 31,

2016

* Note payable dated January 15, 2014, matured January 15, 2015 bearing interest at 12% per annum.   $ 3,000   $ 3,000
* Note payable dated February 14, 2014 matured February 14, 2015, bearing interest at 12% per annum.     3,750     3,750
* Note payable dated April 1, 2014 matured April 1, 2015, bearing interest at 12% per annum.     4,700     4,700
* Note payable dated January 30, 2014, matured January 30, 2015, bearing interest at 12% per annum.     5,000     5,000
Total   $ 16,450   $ 16,450

 

*These notes have matured as of April 30, 2016, however have not been paid.

 

Interest expense related to the notes for the three months ended October 31, 2016 and 2015 was $498 and $498 respectively.

( us-gaap:DebtDisclosureTextBlock )  
(End Disclosure - Promissory Notes)
 
Disclosure - Convertible Debt
Disclosure - Convertible Debt (USD $) 3 Months Ended
( custom:ConvertibleDebtDisclosureAbstract [Extension] )  
  Oct. 31, 2016
   
   
   
CONVERTIBLE DEBT

NOTE 4- CONVERTIBLE DEBT

 

Convertible debt as of October 31, 2016 and July 31, 2016 consisted of the following:

 

Description  

October 31, 2016

   

July 31, 2016

Convertible note agreements (3) dated November 1, 2013, totaling $45,000. Maturing on November 30, 2015 bearing interest at 12% per annum. Principal and accrued interest is convertible at $.00225 per share. The beneficial conversion feature was recorded as a discount to the debt and is being amortized over the term of the notes.     20,203       23,679
Convertible note agreements (3) dated August 10, 2015, totaling $4,000,000. Maturing on August 9, 2018 bearing interest at 6% per annum. Principal and accrued interest is convertible at $.247 per share. The beneficial conversion feature was recorded as a discount to the debt and is being amortized over the term of the notes. (See note 6)     -       -
               
Less: unamortized discount     -       (978)
Convertible notes, net of discount     20,203       22,701

 

During the three months ended October 31, 2016 and 2015, the Company recognized $978 and $302,477 of accretion expense on the above notes, respectively. Interest expense related to these notes for the three months ended October 31, 2016 and 2015 was $611 and $61,312, respectively.

( custom:ConvertibleDebtDisclosureTextBlock [Extension] )  
(End Disclosure - Convertible Debt)
 
Disclosure - Related Party Transactions
Disclosure - Related Party Transactions (USD $) 3 Months Ended
( us-gaap:RelatedPartyTransactionsAbstract )  
  Oct. 31, 2016
   
   
   
RELATED PARTY TRANSACTIONS

NOTE 5 – RELATED PARTY TRANSACTIONS

 

A shareholder of the Company has paid certain expenses of the Company. These amounts are reflected as a loan payable to related party. The shareholder advanced $113,810 and $4,957 during the three months ended October 31, 2016 and 2015, respectively. As of October 31, 2016 and July 31, 2016, there were $273,527 and $159,717 due to related parties, respectively.

 

ASSET PURCHASE AGREEMENT

 

On March 28, 2016, the Company signed a letter of intent (the “LOI”) with Karrah Inc., an Ontario corporation (“Karrah”), and the sole shareholder of Karrah, Farrah Khan (“Khan”). Khan is the wife of the Company’s officer and director, Kashif Khan. Pursuant to the LOI, the parties set forth their understandings in contemplation of an acquisition from Khan of all of the issued and outstanding shares of stock in Karrah, resulting in a parent subsidiary relationship. In consideration for the acquisition of Karrah, the Company planned to issue to Khan a three year promissory note (the “Note”) for $1,500,000, with interest at 6% per annum. Interest would have been payable at maturity or from time to time at the Company’s sole discretion. The Company had the right to prepay the Note and it would have been secured by the assets of Karrah.

 

On October 26, 2016, the Company learned that it was not possible to obtain an audit of Karrah. As such on October 28, 2016, the Company restructured the entire transaction by entering into a Termination and Restructure Agreement.

 

As part of the Termination and Restructure Agreement, the Company and Khan mutually agreed to cancel the Agreement to acquire the issue and outstanding shares of stock in Karrah. Second, the Company agreed to purchase from Karrah its customer list in exchange for a revised promissory note. The New Note will be in favor of Karrah, valued at $1,500,000 with interest at 6% per annum, and will not be secured by the assets of Karrah. During the three months ending October 31, 2016, the Company recognized of $14,003 of interest expense and had a balance of $946,100 as of October 31, 2016.

 

Because the entities were under common control at the time of the acquisition the customer list was transferred to the Company at the transferors historical basis of $0. The excess of the consideration paid and the carryover basis was recorded as a loss on asset purchase for the three months ended October 31, 2016.

( us-gaap:RelatedPartyTransactionsDisclosureTextBlock )  
(End Disclosure - Related Party Transactions)
 
Disclosure - Stockholders' Equity
Disclosure - Stockholders' Equity (USD $) 3 Months Ended
( us-gaap:EquityAbstract )  
  Oct. 31, 2016
   
   
   
STOCKHOLDERS' EQUITY

NOTE 6 – STOCKHOLDERS’ EQUITY

 

During the three months ended October 31, 2016, the Company issued 1,193,691 shares of common stock valued at $3,411,368 related to various Diamond Purchase Agreements.

 

During the three months ended October 31, 2016, the Company issued 1,544,862 shares valued at $3,476 for the conversion of a convertible note payable dated November 1, 2013.

( us-gaap:StockholdersEquityNoteDisclosureTextBlock )  
(End Disclosure - Stockholders' Equity)
 
Disclosure - Commitments and Contingencies
Disclosure - Commitments and Contingencies (USD $) 3 Months Ended
( us-gaap:CommitmentsAndContingenciesDisclosureAbstract )  
  Oct. 31, 2016
   
   
   
COMMITMENTS AND CONTINGENCIES

NOTE 7 – COMMITMENTS AND CONTINGENCIES

 

Litigations, Claims and Assessments

 

The Company may become involved in various lawsuits and legal proceedings, which arise in the ordinary course of business. However, litigation is subject to inherent uncertainties, and an adverse result in these or other matters may arise that may harm its business. The Company is currently not aware of any such legal proceedings or claims that they believe will have, individually or in the aggregate, a material adverse effect on its business, financial condition or operating results.

( us-gaap:CommitmentsAndContingenciesDisclosureTextBlock )  
(End Disclosure - Commitments and Contingencies)
 
Disclosure - Subsequent Events
Disclosure - Subsequent Events (USD $) 3 Months Ended
( us-gaap:SubsequentEventsAbstract )  
  Oct. 31, 2016
   
   
   
SUBSEQUENT EVENTS

NOTE 8 – SUBSEQUENT EVENTS

  

On December 6, 2016, the Company entered into a one year Consulting Agreement with Karrah, Inc. and Kashif Khan for the team to act as a non-exclusive advisor and sales agent in assisting the Company in the marketing and sales of the Company’s colored diamond inventory on an international basis and domestically.

 

In exchange for the consulting services, the Company agreed to allow the consultant to retain up to the first $1,500,000 in revenues generated, which shall be used exclusively to pay off that certain promissory note we issued to Karrah, Inc. dated October 28, 2016 in the principal amount of $1,500,000. Following such payment, The Company has agreed to a revenue share, with the consultant allotted 5% of all gross revenues received solely from the efforts of the consultant in the sale of our diamond inventory. Sales conducted by the Company will not be subject to a revenue share.

 

On March 1, 2017, the Company entered into a joint venture agreement with Eddeb Management (“Eddeb”). The purpose of the joint venture is to build a fund for the purpose of trading in precious gems, notably, colored diamonds.

 

The material terms of the JVA for this joint venture are as follows:

 

  1. the parties will be owners in an already formed Ontario corporation, known as Flawless Funds GP Inc. (the “Joint Venture”), with the Company owning 75% of the Joint Venture and Eddeb owning 25% of the Joint Venture;
  2. the Company and Eddeb will contribute relationships and resources to the Joint Venture;
  3. the Company will primarily be responsible for Marketing and managing the fund;
  4. Eddeb will be primarily responsible for fundraising activities;
  5. the Company’s CEO, Kashif Khan, and Abdurrahman Eddeb of Eddeb will manage the day-to-day operations of the Joint Venture as directors; and
  6. the parties agreed that officers may be appointed to delegate the responsibilities of the directors.

In order to acquire a 75% interest in the Joint Venture, the Company agreed to provide two founding partners to the Joint Venture a total of 16 million shares of the Company’s common stock in lieu of a percentage of the Joint Venture

( us-gaap:SubsequentEventsTextBlock )  
(End Disclosure - Subsequent Events)
 
Disclosure - Orgnization and Summary of Significant Accounting Policies (Policies)
Disclosure - Orgnization and Summary of Significant Accounting Policies (Policies) (USD $) 3 Months Ended
( us-gaap:AccountingPoliciesAbstract )  
  Oct. 31, 2016
   
   
   
Organization and Description of Business

Organization and Description of Business

 

Precious Investments, Inc. (Formerly FIGO Ventures, Inc.) (‘The Company’) was incorporated under the laws of the State of Nevada on May 26, 2004. The Company was an Exploration Stage Company with the principle business being the acquisition and exploration of resource properties.

 

The Company had allowed its charter with the state of Nevada to be revoked by the Secretary of State for failure to file the required annual lists and pay the required annual fees. Its last known officers and directors reflected in the records of the Secretary of State were unresponsive or stated they were no longer involved with the Company. The purported replacement officers and directors were unresponsive.

 

On September 14, 2012, NPNC Management, LLC filed a petition in the Eighth Judicial District Court in Clark County, Nevada and was appointed custodian of the Company on October 15, 2012.

 

In order to obtain basic operating capital to pay for the reinstatement of the Company’s good standing with the Nevada Secretary of State, to bring the Company’s account current with creditors essential for the reorganization of the Company, such as the transfer agent, and for basic general corporate purposes, on October 24, 2012, the interim board authorized the sale of 55,000,000 (2,200,000 split adjusted) shares of common stock for $6,000 to NPNC Management, LLC, in a private placement transaction exempt from the Securities Act of 1933, as amended, pursuant to section 4(2) thereof and the rules and regulations promulgated there under.

 

On October 24, 2012, NPNC Management, LLC appointed Bryan Clark as director of the Company, to hold office until such time as the shareholders elected a board. The interim board, consisting of Mr. Clark, further acted to appoint Mr. Clark as president, treasurer, and secretary of the Company, to act on behalf of the Company, and to hold such offices until removed by any subsequent board elected by the shareholders.

 

On November 13, 2013, Bryan Clark tendered his resignation from all positions as an Officer and Director of the Company and the Board appointed Anna Wlodarkiewicz as a Director, President, Secretary and Treasurer of the Company.

 

On October 9, 2014, Ania Wlodarkiewicz tendered her resignation from all positions as an Officer and Director of the Company and the Board appointed Nataliya Hearn as a Director, President, Secretary and Treasurer of the Company.

 

On March 28, 2016, Nataliya Hearn resigned as the Company’s Chief Executive Officer and Director. Mr. Kashif Khan is the Company’s sole officer and director.

 

The Company has completed an asset purchase agreement dated August 10, 2015 where the Company acquired from Kashif Khan, its sole officer and director, colored diamonds with a wholesale value of US$4 Million, which he was in control of, in exchange for issuing three secured demand convertible promissory notes totaling US$4 Million.

 

The Company is in the business of purchasing and selling colored diamonds.

( us-gaap:OrganizationConsolidationBasisOfPresentationBusinessDescriptionAndAccountingPoliciesTextBlock )  
Basis of Presentation

Basis of Presentation

 

The condensed consolidated interim financial statements are presented in conformity with accounting principles generally accepted in the United States of America, as reported on our fiscal period ended on October31, 2016. We have summarized our most significant accounting policies.

( us-gaap:BasisOfAccountingPolicyPolicyTextBlock )  
Unaudited Condensed Consolidated Interim Finanical Statements

Unaudited Condensed Consolidated Interim Financial Statements

 

These unaudited condensed consolidated interim financial statements have been prepared on the same basis as the annual financial statement and should be read in conjunction with those annual financial statements filed on Form 10-K for the year ended July 31, 2016. In the opinion of management, these unaudited condensed consolidated interim financial statements reflect adjustments, necessary to present fairly the Company’s financial position, results of operations and cash flows for the periods shown. The results of operations for such periods are not necessarily indicative of the results for a full year or for any future period.

( custom:CondensedInterimFinancialStatements [Extension] )  
Use of Estimates

Use of Estimates

 

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 the financial statements and the reported amount of revenues and expenses during the reporting period.  Actual results could differ from those estimates.

( us-gaap:UseOfEstimates )  
Derivative Financial Instruments

Derivative Financial Instruments

 

The Company does not use derivative instruments to hedge exposures to cash flow, market, or foreign currency risks.

The Company reviews the terms of convertible loans, equity instruments and other financing arrangements to determine whether there are embedded derivative instruments, including embedded conversion options that are required to be bifurcated and accounted for separately as a derivative financial instrument. Also, in connection with the issuance of financing instruments, the Company may issue freestanding options or warrants to employees and non-employees in connection with consulting or other services. These options or warrants may, depending on their terms, be accounted for as derivative instrument liabilities, rather than as equity.

Derivative financial instruments are initially measured at their fair value. For derivative financial instruments that are accounted for as liabilities, the derivative instrument is initially recorded at fair value and then re-valued at each reporting date, with changes in the fair value reported as charges or credits to income. To the extent that the initial fair values of the freestanding and/or bifurcated derivative instrument liabilities exceed the total proceeds received an immediate charge to income is recognized in order to initially record the derivative instrument liabilities at their fair value.

The discount from the face value of the convertible debt instruments resulting from allocating some or all of the proceeds to the derivative instruments, together with the stated rate of interest on the instrument, is amortized over the life of the instrument through periodic charges to income, using the effective interest method.

The classification of derivative instruments, including whether such instruments should be recorded as liabilities or as equity, is reassessed at the end of each reporting period. If reclassification is required, the fair value of the derivative instrument, as of the determination date, is reclassified. Any previous charges or credits to income for changes in the fair value of the derivative instrument are not reversed. Derivative instrument liabilities are classified in the balance sheet as current or non-current based on whether or not net-cash settlement of the derivative instrument could be required within twelve months of the balance sheet date.

( us-gaap:DerivativesPolicyTextBlock )  
Fair value of financial instruments

Fair value of financial instruments

 

The Company’s financial instruments consist of its liabilities. The carrying amount of payables and the loan payable – related party approximate fair value because of the short-term nature of these items. The promissory notes, and convertible notes payables are measured at amortized cost using the effective interest method, which approximates fair value due to the relationship between the interest rate on long-term debt and the Company’s incremental risk adjusted borrowing rate.

 

( us-gaap:FairValueOfFinancialInstrumentsPolicy )  
Inventories

Inventories

Inventory consist of loose colored precious stones and is stated at the lower of cost or net realizable value. The Company writes-down inventory once it has been determined that conditions exist that may not allow the inventory to be sold for its intended purpose or the inventory is determined to be excess or obsolete based on our forecasted future sales. The charge related to inventory write-downs is recorded as a cost of revenue.

( us-gaap:InventoryPolicyTextBlock )  
(End Disclosure - Orgnization and Summary of Significant Accounting Policies (Policies))
 
Disclosure - Promissory Notes (Tables)
Disclosure - Promissory Notes (Tables) (USD $) 3 Months Ended
( us-gaap:DebtDisclosureAbstract )  
  Oct. 31, 2016
   
   
   
Schedule of Promissory Notes
Description   October 31, 2016  

July 31,

2016

* Note payable dated January 15, 2014, matured January 15, 2015 bearing interest at 12% per annum.   $ 3,000   $ 3,000
* Note payable dated February 14, 2014 matured February 14, 2015, bearing interest at 12% per annum.     3,750     3,750
* Note payable dated April 1, 2014 matured April 1, 2015, bearing interest at 12% per annum.     4,700     4,700
* Note payable dated January 30, 2014, matured January 30, 2015, bearing interest at 12% per annum.     5,000     5,000
Total   $ 16,450   $ 16,450
( us-gaap:ScheduleOfDebtTableTextBlock )  
(End Disclosure - Promissory Notes (Tables))
 
Disclosure - Convertible Debt (Tables)
Disclosure - Convertible Debt (Tables) (USD $) 3 Months Ended
( custom:ConvertibleDebtDisclosureAbstract [Extension] )  
  Oct. 31, 2016
   
   
   
Summary of Convertible Debt
Description  

October 31, 2016

   

July 31, 2016

Convertible note agreements (3) dated November 1, 2013, totaling $45,000. Maturing on November 30, 2015 bearing interest at 12% per annum. Principal and accrued interest is convertible at $.00225 per share. The beneficial conversion feature was recorded as a discount to the debt and is being amortized over the term of the notes.     20,203       23,679
Convertible note agreements (3) dated August 10, 2015, totaling $4,000,000. Maturing on August 9, 2018 bearing interest at 6% per annum. Principal and accrued interest is convertible at $.247 per share. The beneficial conversion feature was recorded as a discount to the debt and is being amortized over the term of the notes. (See note 6)     -       -
               
Less: unamortized discount     -       (978)
Convertible notes, net of discount     20,203       22,701
( us-gaap:ConvertibleDebtTableTextBlock )  
(End Disclosure - Convertible Debt (Tables))
 
Disclosure - Orgnization and Summary of Significant Accounting Policies (Details)
Disclosure - Orgnization and Summary of Significant Accounting Policies (Details) (USD $) 0 Months Ended 3 Months Ended
( us-gaap:AccountingPoliciesAbstract )    
  Oct. 24, 2012 Oct. 31, 2016
( dei:LegalEntityAxis )    
  Asset Management Company [Member]  
( dei:EntityDomain )    
Accounting Policies Textual [Abstract]    
( custom:AccountingPoliciesTextualAbstract [Extension] )    
    Sale of stock during period, Shares 55,000,000  
    ( us-gaap:StockIssuedDuringPeriodSharesNewIssues )    
    Stock splits 2,200,000  
    ( us-gaap:StockIssuedDuringPeriodSharesStockSplits )    
    Sale of stock during period, Value 6,000  
    ( us-gaap:StockIssuedDuringPeriodValueNewIssues )    
    Date of Incorporation   2004-05-26
    ( custom:DateOfIncorporation [Extension] )    
(End Disclosure - Orgnization and Summary of Significant Accounting Policies (Details))
 
Disclosure - Going Concern (Details)
Disclosure - Going Concern (Details) (USD $)  
( custom:GoingConcernAbstract [Extension] )  
  Oct. 31, 2016
   
   
   
Going Concern (Textual)  
( custom:GoingConcernTextualAbstract [Extension] )  
    Accumulated deficit (72,040,518)
    ( us-gaap:RetainedEarningsAccumulatedDeficit )  
(End Disclosure - Going Concern (Details))
 
Disclosure - Promissory Notes (Details)
Disclosure - Promissory Notes (Details) (USD $)                    
( us-gaap:DebtDisclosureAbstract )                    
  Oct. 31, 2016 Oct. 31, 2016 Oct. 31, 2016 Oct. 31, 2016 Oct. 31, 2016 Jul. 31, 2016 Jul. 31, 2016 Jul. 31, 2016 Jul. 31, 2016 Jul. 31, 2016
( us-gaap:DebtInstrumentAxis )                    
  Promissory Notes One [Member] Promissory Notes Two [Member] Promissory Notes Three [Member] Promissory Notes Four [Member]   Promissory Notes One [Member] Promissory Notes Two [Member] Promissory Notes Three [Member] Promissory Notes Four [Member]  
( us-gaap:DebtInstrumentNameDomain )                    
Notes payable, Total 3,000 3,750 4,700 5,000 16,450 3,000 3,750 4,700 5,000 16,450
( us-gaap:NotesPayableCurrent )                    
(End Disclosure - Promissory Notes (Details))
 
Disclosure - Promissory Notes (Details Textual)
Disclosure - Promissory Notes (Details Textual) (USD $) 3 Months Ended 15 Months Ended 3 Months Ended        
( us-gaap:DebtDisclosureAbstract )              
In Hundreds, except Share Data Oct. 31, 2015 Oct. 31, 2016 Oct. 31, 2016 Oct. 31, 2016 Oct. 31, 2016 Oct. 31, 2016 Oct. 31, 2016 Oct. 31, 2016 Oct. 31, 2016 Oct. 31, 2016
( us-gaap:DebtInstrumentAxis )                    
    Promissory Notes One [Member] Promissory Notes Two [Member] Promissory Notes Three [Member] Promissory Notes Four [Member]   Promissory Notes One [Member] Promissory Notes Two [Member] Promissory Notes Three [Member] Promissory Notes Four [Member]
( us-gaap:DebtInstrumentNameDomain )                    
Promissory Notes (Textual)                    
( custom:PromissoryNotesTextualAbstract [Extension] )                    
    Notes payable, issuance date   2014-01-15 2014-02-14 2014-04-01 2014-01-30          
    ( us-gaap:DebtInstrumentIssuanceDate1 )                    
    Notes payable, maturity date   2015-01-15 2015-02-14 2015-04-01 2015-01-30          
    ( us-gaap:DebtInstrumentMaturityDate )                    
    Notes payable, rate of interest             0.12 0.12 0.12 0.12
    ( us-gaap:DebtInstrumentInterestRateStatedPercentage )                    
    Interest Expense 498         498        
    ( custom:InterestExpenseForPeriod [Extension] )                    
(End Disclosure - Promissory Notes (Details Textual))
 
Disclosure - Convertible Debt (Details)
Disclosure - Convertible Debt (Details) (USD $)            
( custom:ConvertibleDebtDisclosureAbstract [Extension] )            
  Oct. 31, 2016 Oct. 31, 2016 Oct. 31, 2016 Jul. 31, 2016 Jul. 31, 2016 Jul. 31, 2016
( us-gaap:ShortTermDebtTypeAxis )            
  Convertible Debt [Member] Convertible Debt One [Member]     Convertible Debt [Member] Convertible Debt One [Member]
( us-gaap:ShortTermDebtTypeDomain )            
Convertible notes payable [Abstract]            
( us-gaap:ConvertibleLongtermNotesPayableCurrentAndNoncurrentAbstract )            
    Convertible notes 20,203 0     23,679 0
    ( custom:ConvertibleNotesPayableGross [Extension] )            
    Less: unamortized discount       (978)    
    ( us-gaap:DebtInstrumentUnamortizedDiscountPremiumNet )            
    Convertible notes, net of discount     20,203 22,701    
    ( us-gaap:ConvertibleNotesPayable )            
    Less: current maturities            
    ( us-gaap:ConvertibleNotesPayableCurrent )            
    Long term maturities            
    ( us-gaap:ConvertibleLongTermNotesPayable )            
(End Disclosure - Convertible Debt (Details))
 
Disclosure - Convertible Debt (Details Textual)
Disclosure - Convertible Debt (Details Textual) (USD $) 3 Months Ended     3 Months Ended
( custom:ConvertibleDebtDisclosureAbstract [Extension] )        
  Oct. 31, 2016 Oct. 31, 2016 Oct. 31, 2016 Oct. 31, 2016 Oct. 31, 2016 Oct. 31, 2015
( us-gaap:ShortTermDebtTypeAxis )            
  Convertible Debt [Member] Convertible Debt One [Member] Convertible Debt [Member] Convertible Debt One [Member]    
( us-gaap:ShortTermDebtTypeDomain )            
Convertible Debt (Textual)            
( custom:ConvertibleDebtTextualAbstract [Extension] )            
    Convertible debt     45,000 4,000,000    
    ( us-gaap:ConvertibleDebt )            
    Convertible payable, Issuance Date 2013-11-01 2015-08-10        
    ( us-gaap:DebtInstrumentIssuanceDate1 )            
    Maturity Date 2015-11-30 2018-08-09        
    ( custom:MaturityDate [Extension] )            
    Convertible note, rate of interest     0.12 0.06    
    ( us-gaap:DebtInstrumentInterestRateStatedPercentage )            
    Convertible notes, conversion price     0.00225 0.247    
    ( us-gaap:DebtInstrumentConvertibleConversionPrice1 )            
Convertible notes, terms of conversion feature            
====>>>ELEMENT REQUIRED            
    Accretion Expense         978 302,477
    ( us-gaap:AccretionExpense )            
    Interest Expense         611 61,312
    ( us-gaap:InterestExpenseDebt )            
(End Disclosure - Convertible Debt (Details Textual))
 
Disclosure - Related Party Transactions (Details)
Disclosure - Related Party Transactions (Details) (USD $)     3 Months Ended
( us-gaap:RelatedPartyTransactionsAbstract )      
  Oct. 31, 2016 Jul. 31, 2016 Oct. 31, 2016 Oct. 31, 2015
         
         
         
Related Party Transactions (Textual)        
( custom:RelatedPartyTransactionsTextualAbstract [Extension] )        
    Loan payable - related party 273,527 159,717    
    ( us-gaap:DueToRelatedPartiesCurrent )        
    Shareholder Advances     113,810 4,957
    ( custom:AdvancesFromShareholders [Extension] )        
Letter of Intent     2016-03-28  
( custom:LetterOfIntent [Extension] )        
Three Year Promissory Note     1,500,000  
( custom:PromissoryNote [Extension] )        
Interest on Promissory Note     0.06  
( custom:InterestOnPromissoryNote [Extension] )        
Interst Expense Recognized     14,003  
( custom:InterestExpenseRecognized [Extension] )        
Balance     946,100  
( custom:Balance [Extension] )        
(End Disclosure - Related Party Transactions (Details))
 
Disclosure - Stockholders' Equity (Details)
Disclosure - Stockholders' Equity (Details) (USD $) 3 Months Ended  
( us-gaap:EquityAbstract )    
  Oct. 31, 2016 Oct. 31, 2016
     
     
     
Stockholders' Equity (Textual)    
( custom:StockholdersEquityTextualAbstract [Extension] )    
    Number of units issued    
    ( us-gaap:SharesIssued )    
    Rights, stock or warrants price    
    ( us-gaap:WarrantsAndRightsOutstanding )    
    Cash Received    
    ( us-gaap:SaleOfStockConsiderationReceivedOnTransaction )    
    Shares Issued 1,193,691  
    ( us-gaap:SaleOfStockNumberOfSharesIssuedInTransaction )    
    Value of Shares Issued 3,411,368  
    ( custom:ValueOfSharesIssued [Extension] )    
    Shares Issued for conversion 1,544,862  
    ( us-gaap:AuctionMarketPreferredSecuritiesSharesIssued )    
    Value of Shares Issued for conversion   3,476
    ( us-gaap:CommonStockOtherValueOutstanding )    
    Date of Converted Note Payable Date 2013-11-01  
    ( custom:CovertibleNotePayableDate [Extension] )    
    Shares Issued for Services    
    ( us-gaap:StockIssuedDuringPeriodSharesIssuedForServices )    
    Value of Shares Issued for services    
    ( custom:ValueOfSharesIssuedForServices [Extension] )    
    Shares Issued for Services (Returned)    
    ( custom:ShareIissuedForServicesAndReturned [Extension] )    
    Value of Shares Issued for services (Reurned)    
    ( custom:ValueOfSharesIssuedForServicesAndReturned [Extension] )    
(End Disclosure - Stockholders' Equity (Details))
 
Disclosure - Subsequent Events (Details)
Disclosure - Subsequent Events (Details) (USD $) 1 Month Ended 3 Months Ended    
( custom:SubsequentEventDetailsUsdAbstract [Extension] )        
  Oct. 28, 2016 Oct. 31, 2016 Oct. 28, 2016 Oct. 31, 2016
( us-gaap:DebtInstrumentAxis )        
         
( us-gaap:DebtInstrumentNameDomain )        
Date of Consulting Agreement   2016-12-06    
( custom:DateOfConsultingAgreement [Extension] )        
Plans to issue Promissory Note   16,000,000    
( us-gaap:IncreaseDecreaseInNotesPayableRelatedParties )        
Common Stock Issued     1,500,000  
( us-gaap:CommonStockShareSubscribedButUnissuedSubscriptionsReceivable )        
Value of Common Stock Issued 1,500,000      
( custom:ValueOfCommonStockIssued [Extension] )        
Interest 0.05      
( custom:Interest [Extension] )        
Prefferred Stock Issued       16,000,000
( custom:PreferredStockIssued [Extension] )        
Company Interest in Joint Venture   0.75    
( custom:InterestInJointVenture [Extension] )        
Eddeb Interest in Joint Venture   0.25    
( custom:EddebInterestInJointVenture [Extension] )        
Joint Venture Date   2017-03-01    
( custom:JointVentureDate [Extension] )        
(End Disclosure - Subsequent Events (Details))
Contexts
ID Period CIK Dimensions
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AsOf2017-04-25 2017-04-25 0001304741  
AsOf2016-10-31 2016-10-31 0001304741  
AsOf2016-07-31 2016-07-31 0001304741  
From2015-08-01to2015-10-31 2015-08-01 - 2015-10-31 0001304741  
AsOf2015-07-31 2015-07-31 0001304741  
AsOf2015-10-31 2015-10-31 0001304741  
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Context_As_Of_31_Jul_2015T00_00_00_TO_31_Jul_2015T00_00_00_DebtInstrumentAxis_PromissoryNotesOneMember 2016-10-31 0001304741 us-gaap:DebtInstrumentAxis: custom:PromissoryNotesOneMember
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Context_As_Of_31_Jul_2015T00_00_00_TO_31_Jul_2015T00_00_00_DebtInstrumentAxis_PromissoryNotesTwoMember 2016-10-31 0001304741 us-gaap:DebtInstrumentAxis: custom:PromissoryNotesTwoMember
Context_As_Of_31_Jul_2015T00_00_00_TO_31_Jul_2015T00_00_00_DebtInstrumentAxis_PromissoryNotesFourMember 2016-10-31 0001304741 us-gaap:DebtInstrumentAxis: custom:PromissoryNotesFourMember
AsOf2016-07-31_custom_PromissoryNotesThreeMember 2016-07-31 0001304741 us-gaap:DebtInstrumentAxis: custom:PromissoryNotesThreeMember
AsOf2016-07-31_custom_PromissoryNotesTwoMember 2016-07-31 0001304741 us-gaap:DebtInstrumentAxis: custom:PromissoryNotesTwoMember
AsOf2016-07-31_custom_PromissoryNotesOneMember 2016-07-31 0001304741 us-gaap:DebtInstrumentAxis: custom:PromissoryNotesOneMember
AsOf2016-07-31_custom_PromissoryNotesFourMember 2016-07-31 0001304741 us-gaap:DebtInstrumentAxis: custom:PromissoryNotesFourMember
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Context_FYE_01_Aug_2014T00_00_00_TO_31_Jul_2015T00_00_00_DebtInstrumentAxis_PromissoryNotesFourMember 2015-08-01 - 2016-10-31 0001304741 us-gaap:DebtInstrumentAxis: custom:PromissoryNotesFourMember
Context_FYE_01_Aug_2014T00_00_00_TO_31_Jul_2015T00_00_00_DebtInstrumentAxis_PromissoryNotesOneMember 2015-08-01 - 2016-10-31 0001304741 us-gaap:DebtInstrumentAxis: custom:PromissoryNotesOneMember
Context_FYE_01_Aug_2014T00_00_00_TO_31_Jul_2015T00_00_00_DebtInstrumentAxis_PromissoryNotesTwoMember 2015-08-01 - 2016-10-31 0001304741 us-gaap:DebtInstrumentAxis: custom:PromissoryNotesTwoMember
Context_As_Of_31_Jul_2015T00_00_00_TO_31_Jul_2015T00_00_00_ShortTermDebtTypeAxis_ConvertibleDebtOneMember 2016-10-31 0001304741 us-gaap:ShortTermDebtTypeAxis: custom:ConvertibleDebtOneMember
Context_As_Of_31_Jul_2015T00_00_00_TO_31_Jul_2015T00_00_00_ShortTermDebtTypeAxis_ConvertibleDebtMember 2016-10-31 0001304741 us-gaap:ShortTermDebtTypeAxis: us-gaap:ConvertibleDebtMember
AsOf2016-07-31_us-gaap_ConvertibleDebtMember 2016-07-31 0001304741 us-gaap:ShortTermDebtTypeAxis: us-gaap:ConvertibleDebtMember
AsOf2016-07-31_custom_ConvertibleDebtOneMember 2016-07-31 0001304741 us-gaap:ShortTermDebtTypeAxis: custom:ConvertibleDebtOneMember
From2016-08-01to2016-10-31_us-gaap_ConvertibleDebtMember 2016-08-01 - 2016-10-31 0001304741 us-gaap:ShortTermDebtTypeAxis: us-gaap:ConvertibleDebtMember
From2016-08-01to2016-10-31_custom_ConvertibleDebtOneMember 2016-08-01 - 2016-10-31 0001304741 us-gaap:ShortTermDebtTypeAxis: custom:ConvertibleDebtOneMember
Context_As_Of_24_Sep_2014T00_00_00_TO_24_Sep_2014T00_00_00 2015-09-24 0001304741  
Context_As_Of_22_Aug_2014T00_00_00_TO_22_Aug_2014T00_00_00 2015-08-22 0001304741  
Context_As_Of_19_Aug_2014T00_00_00_TO_19_Aug_2014T00_00_00 2015-08-19 0001304741  
From2015-08-01to2016-04-30 2015-08-01 - 2016-04-30 0001304741  
Context_As_Of_18_Sep_2015T00_00_00_TO_18_Sep_2015T00_00_00 2015-09-18 0001304741  
AsOf2013-11-01 2013-11-01 0001304741  
From2015-08-01to2016-07-31 2015-08-01 - 2016-07-31 0001304741  
From2016-12-20to2016-12-21 2016-12-20 - 2016-12-21 0001304741  
From2016-10-01to2016-10-28 2016-10-01 - 2016-10-28 0001304741  
AsOf2016-10-28 2016-10-28 0001304741  
AsOf2016-05-16 2016-05-16 0001304741  
AsOf2016-05-05 2016-05-05 0001304741  
AsOf2016-04-25 2016-04-25 0001304741  
(End Contexts)
 
Elements
Element Data Type Period Type Balance Type Custom
custom:AccountingPoliciesTextualAbstract xbrli:stringItemType  Duration    Yes
     
custom:AdvancesFromShareholders xbrli:monetaryItemType  Duration    Yes
     
custom:AssetManagementCompanyMember nonnum:domainItemType  Duration    Yes
  Asset management company.  
custom:Balance xbrli:monetaryItemType  Duration    Yes
     
custom:CommonStockIssuedForConversionOfNotePayable xbrli:sharesItemType  Instant    Yes
     
custom:CommonStockIssuedForInventory xbrli:sharesItemType  Duration    Yes
     
custom:CondensedInterimFinancialStatements nonnum:textBlockItemType  Duration    Yes
     
custom:ConvertibleDebtDisclosureAbstract xbrli:stringItemType  Duration    Yes
     
custom:ConvertibleDebtDisclosureTextBlock nonnum:textBlockItemType  Duration    Yes
  Convertible debt disclosure.  
custom:ConvertibleDebtOneMember nonnum:domainItemType  Duration    Yes
  Convertible debt one.  
custom:ConvertibleDebtTextualAbstract xbrli:stringItemType  Duration    Yes
     
custom:ConvertibleNotesPayableGross xbrli:monetaryItemType  Instant  Credit  Yes
  Convertible notes payable gross.  
custom:CovertibleNotePayableDate xbrli:dateItemType  Duration    Yes
     
custom:DateOfConsultingAgreement xbrli:dateItemType  Duration    Yes
     
custom:DateOfIncorporation xbrli:dateItemType  Duration    Yes
     
custom:DocumentAndEntityInformationAbstract xbrli:stringItemType  Duration    Yes (Auto)
  ustom:Inventory  
custom:EddebInterestInJointVenture num:perShareItemType  Duration    Yes
     
custom:GoingConcernAbstract xbrli:stringItemType  Duration    Yes
     
custom:GoingConcernTextBlock nonnum:textBlockItemType  Duration    Yes
  The entire disclosure for going concern.  
custom:GoingConcernTextualAbstract xbrli:stringItemType  Duration    Yes
     
custom:Interest num:percentItemType  Duration    Yes
     
custom:InterestExpenseForPeriod xbrli:monetaryItemType  Duration  Debit  Yes
     
custom:InterestExpenseRecognized xbrli:monetaryItemType  Duration  Debit  Yes
     
custom:InterestInJointVenture num:percentItemType  Duration    Yes
     
custom:InterestOnPromissoryNote num:percentItemType  Duration    Yes
     
custom:Inventory xbrli:monetaryItemType  Duration    Yes
     
custom:JointVentureDate xbrli:dateItemType  Duration    Yes
     
custom:LetterOfIntent xbrli:dateItemType  Duration    Yes
     
custom:LongLived nonnum:textBlockItemType  Duration    Yes
     
custom:MaturityDate xbrli:dateItemType  Duration    Yes
     
custom:PreferredStockIssued xbrli:sharesItemType  Instant    Yes
     
custom:PromissoryNote xbrli:monetaryItemType  Duration    Yes
     
custom:PromissoryNotesFourMember nonnum:domainItemType  Duration    Yes
  Promissory notes four.  
custom:PromissoryNotesOneMember nonnum:domainItemType  Duration    Yes
  Promissory notes one.  
custom:PromissoryNotesTextualAbstract xbrli:stringItemType  Duration    Yes
  Promissory notes textual.  
custom:PromissoryNotesThreeMember nonnum:domainItemType  Duration    Yes
  Promissory notes three.  
custom:PromissoryNotesTwoMember nonnum:domainItemType  Duration    Yes
  Promissory notes two.  
custom:RelatedPartyTransactionsTextualAbstract xbrli:stringItemType  Duration    Yes
     
custom:ShareIissuedForServicesAndReturned xbrli:sharesItemType  Duration    Yes
     
custom:ShareholderAdvances xbrli:monetaryItemType  Instant    Yes
     
custom:SharesIssuedToSettleConvertibleDebt xbrli:monetaryItemType  Duration  Credit  Yes
  Shares issued to settle convertible debt.  
custom:StockholdersEquityTextualAbstract xbrli:stringItemType  Duration    Yes
     
custom:SubsequentEventDetailsUsdAbstract xbrli:stringItemType  Duration    Yes
     
custom:TransferCommonShares xbrli:sharesItemType  Instant    Yes
     
custom:ValueOfCommonStockIssued xbrli:monetaryItemType  Duration    Yes
     
custom:ValueOfSharesIssued xbrli:monetaryItemType  Duration    Yes
     
custom:ValueOfSharesIssuedForServices xbrli:monetaryItemType  Duration    Yes
     
custom:ValueOfSharesIssuedForServicesAndReturned xbrli:monetaryItemType  Duration    Yes
     
dei:AmendmentFlag xbrli:booleanItemType  Duration     
  If the value is true, then the document is an amendment to previously-filed/accepted document.  
dei:CurrentFiscalYearEndDate xbrli:gMonthDayItemType  Duration     
  End date of current fiscal year in the format --MM-DD.  
dei:DocumentFiscalPeriodFocus dei:fiscalPeriodItemType  Duration     
  This is focus fiscal period of the document report. For a first quarter 2006 quarterly report, which may also provide financial information from prior periods, the first fiscal quarter should be given as the fiscal period focus. Values: FY, Q1, Q2, Q3, Q4, H1, H2, M9, T1, T2, T3, M8, CY.  
dei:DocumentFiscalYearFocus xbrli:gYearItemType  Duration     
  This is focus fiscal year of the document report in CCYY format. For a 2006 annual report, which may also provide financial information from prior periods, fiscal 2006 should be given as the fiscal year focus. Example: 2006.  
dei:DocumentPeriodEndDate xbrli:dateItemType  Duration     
  The end date of the period reflected on the cover page if a periodic report. For all other reports and registration statements containing historical data, it is the date up through which that historical data is presented. If there is no historical data in the report, use the filing date. The format of the date is CCYY-MM-DD.  
dei:DocumentType dei:submissionTypeItemType  Duration     
  The type of document being provided (such as 10-K, 10-Q, 485BPOS, etc). The document type is limited to the same value as the supporting SEC submission type, or the word "Other".  
dei:EntityCentralIndexKey dei:centralIndexKeyItemType  Duration     
  A unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK.  
dei:EntityCommonStockSharesOutstanding xbrli:sharesItemType  Instant     
  Indicate number of shares or other units outstanding of each of registrant's classes of capital or common stock or other ownership interests, if and as stated on cover of related periodic report. Where multiple classes or units exist define each class/interest by adding class of stock items such as Common Class A [Member], Common Class B [Member] or Partnership Interest [Member] onto the Instrument [Domain] of the Entity Listings, Instrument.  
dei:EntityCurrentReportingStatus dei:yesNoItemType  Duration     
  Indicate "Yes" or "No" whether registrants (1) have filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that registrants were required to file such reports), and (2) have been subject to such filing requirements for the past 90 days. This information should be based on the registrant's current or most recent filing containing the related disclosure.  
dei:EntityDomain nonnum:domainItemType  Duration     
  All the names of the entities being reported upon in a document. Any legal structure used to conduct activities or to hold assets. Some examples of such structures are corporations, partnerships, limited liability companies, grantor trusts, and other trusts. This item does not include business and geographical segments which are included in the geographical or business segments domains.  
dei:EntityFilerCategory dei:filerCategoryItemType  Duration     
  Indicate whether the registrant is one of the following: (1) Large Accelerated Filer, (2) Accelerated Filer, (3) Non-accelerated Filer, (4) Smaller Reporting Company (Non-accelerated) or (5) Smaller Reporting Accelerated Filer. Definitions of these categories are stated in Rule 12b-2 of the Exchange Act. This information should be based on the registrant's current or most recent filing containing the related disclosure.  
dei:EntityPublicFloat xbrli:monetaryItemType  Instant  Credit   
  State aggregate market value of voting and non-voting common equity held by non-affiliates computed by reference to price at which the common equity was last sold, or average bid and asked price of such common equity, as of the last business day of registrant's most recently completed second fiscal quarter. The public float should be reported on the cover page of the registrants form 10K.  
dei:EntityRegistrantName xbrli:normalizedStringItemType  Duration     
  The exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC.  
dei:EntityVoluntaryFilers dei:yesNoItemType  Duration     
  Indicate "Yes" or "No" if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act.  
dei:EntityWellKnownSeasonedIssuer dei:yesNoItemType  Duration     
  Indicate "Yes" or "No" if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. Is used on Form Type: 10-K, 10-Q, 8-K, 20-F, 6-K, 10-K/A, 10-Q/A, 20-F/A, 6-K/A, N-CSR, N-Q, N-1A.  
dei:LegalEntityAxis xbrli:stringItemType  Duration     
  The set of legal entities associated with a report.  
us-gaap:AccountingPoliciesAbstract xbrli:stringItemType  Duration     
   
us-gaap:AccountsPayableAndAccruedLiabilitiesCurrent xbrli:monetaryItemType  Instant  Credit   
  Sum of the carrying values as of the balance sheet date of obligations incurred through that date and due within one year (or the operating cycle, if longer), including liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received, taxes, interest, rent and utilities, accrued salaries and bonuses, payroll taxes and fringe benefits.  
us-gaap:AccountsReceivableNetCurrent xbrli:monetaryItemType  Instant  Debit   
  Amount due from customers or clients, within one year of the balance sheet date (or the normal operating cycle, whichever is longer), for goods or services (including trade receivables) that have been delivered or sold in the normal course of business, reduced to the estimated net realizable fair value by an allowance established by the entity of the amount it deems uncertain of collection.  
us-gaap:AccretionExpense xbrli:monetaryItemType  Duration  Debit   
  Amount recognized for the passage of time, typically for liabilities, that have been discounted to their net present values. Excludes accretion associated with asset retirement obligations.  
us-gaap:AdditionalPaidInCapital xbrli:monetaryItemType  Instant  Credit   
  Excess of issue price over par or stated value of the entity's capital stock and amounts received from other transactions involving the entity's stock or stockholders. Includes adjustments to additional paid in capital. Some examples of such adjustments include recording the issuance of debt with a beneficial conversion feature and certain tax consequences of equity instruments awarded to employees. Use this element for the aggregate amount of additional paid-in capital associated with common and preferred stock. For additional paid-in capital associated with only common stock, use the element additional paid in capital, common stock. For additional paid-in capital associated with only preferred stock, use the element additional paid in capital, preferred stock.  
us-gaap:AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation xbrli:monetaryItemType  Duration  Debit   
  The amount of adjustment to stockholders' equity associated with an employee's income tax withholding obligation as part of a net-share settlement of a share-based award.  
us-gaap:AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract xbrli:stringItemType  Duration     
   
us-gaap:AllowanceForDoubtfulAccountsReceivableRecoveries xbrli:monetaryItemType  Duration  Credit   
  Amount of recoveries of receivables doubtful of collection that were previously charged off.  
us-gaap:AmortizationOfDebtDiscountPremium xbrli:monetaryItemType  Duration  Debit   
  Amount of noncash expense included in interest expense to amortize debt discount and premium associated with the related debt instruments. Excludes amortization of financing costs. Alternate captions include noncash interest expense.  
us-gaap:Assets xbrli:monetaryItemType  Instant  Debit   
  Sum of the carrying amounts as of the balance sheet date of all assets that are recognized. Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events.  
us-gaap:AssetsAbstract xbrli:stringItemType  Duration     
   
us-gaap:AuctionMarketPreferredSecuritiesSharesIssued xbrli:sharesItemType  Duration     
  Number of auction market preferred securities shares issued.  
us-gaap:BasisOfAccountingPolicyPolicyTextBlock nonnum:textBlockItemType  Duration     
  Disclosure of accounting policy for basis of accounting, or basis of presentation, used to prepare the financial statements (for example, US Generally Accepted Accounting Principles, Other Comprehensive Basis of Accounting, IFRS).  
us-gaap:CashAndCashEquivalentsAtCarryingValue xbrli:monetaryItemType  Instant  Debit   
  Amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Excludes cash and cash equivalents within disposal group and discontinued operation.  
us-gaap:CashAndCashEquivalentsPeriodIncreaseDecrease xbrli:monetaryItemType  Duration  Debit   
  Amount of increase (decrease) in cash and cash equivalents. Cash and cash equivalents are the amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Includes effect from exchange rate changes.  
us-gaap:ClassOfStockLineItems xbrli:stringItemType  Duration     
  Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.  
us-gaap:CommitmentsAndContingenciesDisclosureAbstract xbrli:stringItemType  Duration     
   
us-gaap:CommitmentsAndContingenciesDisclosureTextBlock nonnum:textBlockItemType  Duration     
  The entire disclosure for commitments and contingencies.  
us-gaap:CommonStockOtherValueOutstanding xbrli:monetaryItemType  Instant  Credit   
  Value of shares of other common stock instruments held by shareholders, such as exchangeable shares. May be all or portion of the number of common shares authorized.  
us-gaap:CommonStockParOrStatedValuePerShare num:perShareItemType  Instant     
  Face amount or stated value per share of common stock.  
us-gaap:CommonStockShareSubscribedButUnissuedSubscriptionsReceivable xbrli:monetaryItemType  Instant  Debit   
  Amount of subscription receivable from investors who have been allocated common stock.  
us-gaap:CommonStockSharesAuthorized xbrli:sharesItemType  Instant     
  The maximum number of common shares permitted to be issued by an entity's charter and bylaws.  
us-gaap:CommonStockSharesIssued xbrli:sharesItemType  Instant     
  Total number of common shares of an entity that have been sold or granted to shareholders (includes common shares that were issued, repurchased and remain in the treasury). These shares represent capital invested by the firm's shareholders and owners, and may be all or only a portion of the number of shares authorized. Shares issued include shares outstanding and shares held in the treasury.  
us-gaap:CommonStockSharesOutstanding xbrli:sharesItemType  Instant     
  Number of shares of common stock outstanding. Common stock represent the ownership interest in a corporation.  
us-gaap:CommonStockValue xbrli:monetaryItemType  Instant  Credit   
  Aggregate par or stated value of issued nonredeemable common stock (or common stock redeemable solely at the option of the issuer). This item includes treasury stock repurchased by the entity. Note: elements for number of nonredeemable common shares, par value and other disclosure concepts are in another section within stockholders' equity.  
us-gaap:ConvertibleDebt xbrli:monetaryItemType  Instant  Credit   
  Including the current and noncurrent portions, carrying amount of debt identified as being convertible into another form of financial instrument (typically the entity's common stock) as of the balance sheet date, which originally required full repayment more than twelve months after issuance or greater than the normal operating cycle of the company.  
us-gaap:ConvertibleDebtMember nonnum:domainItemType  Duration     
  Borrowing which can be exchanged for a specified number of another security at the option of the issuer or the holder, for example, but not limited to, the entity's common stock.  
us-gaap:ConvertibleDebtTableTextBlock nonnum:textBlockItemType  Duration     
  Tabular disclosure of borrowings which can be exchanged for a specified number of another security at the option of the issuer or the holder. Disclosures include, but are not limited to, principal amount, amortized premium or discount, and amount of liability and equity components.  
us-gaap:ConvertibleLongTermNotesPayable xbrli:monetaryItemType  Instant  Credit   
  Carrying value as of the balance sheet date of long-term debt (with maturities initially due after one year or beyond the operating cycle if longer) identified as Convertible Notes Payable, excluding current portion. Convertible Notes Payable is a written promise to pay a note which can be exchanged for a specified amount of another, related security, at the option of the issuer and the holder.  
us-gaap:ConvertibleLongtermNotesPayableCurrentAndNoncurrentAbstract xbrli:stringItemType  Duration     
   
us-gaap:ConvertibleNotesPayable xbrli:monetaryItemType  Instant  Credit   
  Including the current and noncurrent portions, carrying value as of the balance sheet date of a written promise to pay a note, initially due after one year or beyond the operating cycle if longer, which can be exchanged for a specified amount of one or more securities (typically common stock), at the option of the issuer or the holder.  
us-gaap:ConvertibleNotesPayableCurrent xbrli:monetaryItemType  Instant  Credit   
  Carrying value as of the balance sheet date of the portion of long-term debt due within one year or the operating cycle if longer identified as Convertible Notes Payable. Convertible Notes Payable is a written promise to pay a note which can be exchanged for a specified amount of another, related security, at the option of the issuer and the holder.  
us-gaap:CostOfRevenue xbrli:monetaryItemType  Duration  Debit   
  The aggregate cost of goods produced and sold and services rendered during the reporting period.  
us-gaap:DebtDisclosureAbstract xbrli:stringItemType  Duration     
   
us-gaap:DebtDisclosureTextBlock nonnum:textBlockItemType  Duration     
  The entire disclosure for information about short-term and long-term debt arrangements, which includes amounts of borrowings under each line of credit, note payable, commercial paper issue, bonds indenture, debenture issue, own-share lending arrangements and any other contractual agreement to repay funds, and about the underlying arrangements, rationale for a classification as long-term, including repayment terms, interest rates, collateral provided, restrictions on use of assets and activities, whether or not in compliance with debt covenants, and other matters important to users of the financial statements, such as the effects of refinancing and noncompliance with debt covenants.  
us-gaap:DebtInstrumentAxis xbrli:stringItemType  Duration     
  Information by type of debt instrument, including, but not limited to, draws against credit facilities.  
us-gaap:DebtInstrumentConvertibleConversionPrice1 num:perShareItemType  Instant     
  The price per share of the conversion feature embedded in the debt instrument.  
us-gaap:DebtInstrumentInterestRateStatedPercentage num:percentItemType  Instant     
  Contractual interest rate for funds borrowed, under the debt agreement.  
us-gaap:DebtInstrumentIssuanceDate1 xbrli:dateItemType  Duration     
  Date the debt instrument was issued, in CCYY-MM-DD format.  
us-gaap:DebtInstrumentMaturityDate xbrli:dateItemType  Duration     
  Date when the debt instrument is scheduled to be fully repaid, in CCYY-MM-DD format.  
us-gaap:DebtInstrumentNameDomain nonnum:domainItemType  Duration     
  The name for the particular debt instrument or borrowing that distinguishes it from other debt instruments or borrowings, including draws against credit facilities.  
us-gaap:DebtInstrumentUnamortizedDiscountPremiumNet xbrli:monetaryItemType  Instant  Debit   
  Amount, after accumulated amortization, of debt discount (premium).  
us-gaap:DerivativesPolicyTextBlock nonnum:textBlockItemType  Duration     
  Disclosure of accounting policy for its derivative instruments and hedging activities.  
us-gaap:DueToRelatedPartiesCurrent xbrli:monetaryItemType  Instant  Credit   
  Carrying amount as of the balance sheet date of obligations due all related parties. For classified balance sheets, represents the current portion of such liabilities (due within one year or within the normal operating cycle if longer).  
us-gaap:EquityAbstract xbrli:stringItemType  Duration     
   
us-gaap:FairValueOfFinancialInstrumentsPolicy nonnum:textBlockItemType  Duration     
  Disclosure of accounting policy for determining the fair value of financial instruments.  
us-gaap:GainLossOnDispositionOfAssets xbrli:monetaryItemType  Duration  Credit   
  Amount of gain (loss) on sale or disposal of property, plant and equipment assets, excluding oil and gas property and timber property.  
us-gaap:GainLossOnSaleOfOtherAssets xbrli:monetaryItemType  Duration  Credit   
  Amount of gain (loss) on sale or disposal of other assets.  
us-gaap:GeneralAndAdministrativeExpense xbrli:monetaryItemType  Duration  Debit   
  The aggregate total of expenses of managing and administering the affairs of an entity, including affiliates of the reporting entity, which are not directly or indirectly associated with the manufacture, sale or creation of a product or product line.  
us-gaap:GrossProfit xbrli:monetaryItemType  Duration  Credit   
  Aggregate revenue less cost of goods and services sold or operating expenses directly attributable to the revenue generation activity.  
us-gaap:ImpairmentOfIntangibleAssetsExcludingGoodwill xbrli:monetaryItemType  Duration  Debit   
  The amount of impairment loss recognized in the period resulting from the write-down of the carrying amount of an intangible asset (excluding goodwill) to fair value.  
us-gaap:IncomeLossFromContinuingOperationsPerBasicAndDilutedShare num:perShareItemType  Duration     
  The amount of net income (loss) from continuing operations per each basic and diluted share of common stock or unit when the per share amount is the same for both basic and diluted shares.  
us-gaap:IncomeStatementAbstract xbrli:stringItemType  Duration     
   
us-gaap:IncreaseDecreaseInAccountsPayableAndAccruedLiabilities xbrli:monetaryItemType  Duration  Debit   
  The increase (decrease) during the reporting period in the amounts payable to vendors for goods and services received and the amount of obligations and expenses incurred but not paid.  
us-gaap:IncreaseDecreaseInNotesPayableRelatedParties xbrli:monetaryItemType  Duration  Debit   
  The increase (decrease) during the reporting period in the amount owed by the reporting entry in the form of loans and obligations (generally evidenced by promissory notes) made by the following types of related parties: a parent company and its subsidiaries; subsidiaries of a common parent; an entity and trust for the benefit of employees, such as pension and profit-sharing trusts that are managed by or under the trusteeship of the entity's management, an entity and its principal owners, management, or member of their immediate families, affiliates, or other parties with the ability to exert significant influence.  
us-gaap:IncreaseDecreaseInOperatingCapitalAbstract xbrli:stringItemType  Duration     
   
us-gaap:InterestExpense xbrli:monetaryItemType  Duration  Debit   
  Amount of the cost of borrowed funds accounted for as interest expense.  
us-gaap:InterestExpenseDebt xbrli:monetaryItemType  Duration  Debit   
  Amount of the cost of borrowed funds accounted for as interest expense for debt.  
us-gaap:InventoryNet xbrli:monetaryItemType  Instant  Debit   
  Amount after valuation and LIFO reserves of inventory expected to be sold, or consumed within one year or operating cycle, if longer.  
us-gaap:InventoryPolicyTextBlock nonnum:textBlockItemType  Duration     
  Disclosure of inventory accounting policy for inventory classes, including, but not limited to, basis for determining inventory amounts, methods by which amounts are added and removed from inventory classes, loss recognition on impairment of inventories, and situations in which inventories are stated above cost.  
us-gaap:Liabilities xbrli:monetaryItemType  Instant  Credit   
  Sum of the carrying amounts as of the balance sheet date of all liabilities that are recognized. Liabilities are probable future sacrifices of economic benefits arising from present obligations of an entity to transfer assets or provide services to other entities in the future.  
us-gaap:LiabilitiesAndStockholdersEquity xbrli:monetaryItemType  Instant  Credit   
  Amount of liabilities and equity items, including the portion of equity attributable to noncontrolling interests, if any.  
us-gaap:LiabilitiesCurrent xbrli:monetaryItemType  Instant  Credit   
  Total obligations incurred as part of normal operations that are expected to be paid during the following twelve months or within one business cycle, if longer.  
us-gaap:LiabilitiesCurrentAbstract xbrli:stringItemType  Duration     
   
us-gaap:NetCashProvidedByUsedInFinancingActivities xbrli:monetaryItemType  Duration  Debit   
  Amount of cash inflow (outflow) from financing activities, including discontinued operations. Financing activity cash flows include obtaining resources from owners and providing them with a return on, and a return of, their investment; borrowing money and repaying amounts borrowed, or settling the obligation; and obtaining and paying for other resources obtained from creditors on long-term credit.  
us-gaap:NetCashProvidedByUsedInFinancingActivitiesAbstract xbrli:stringItemType  Duration     
   
us-gaap:NetCashProvidedByUsedInOperatingActivities xbrli:monetaryItemType  Duration     
  Amount of cash inflow (outflow) from operating activities, including discontinued operations. Operating activity cash flows include transactions, adjustments, and changes in value not defined as investing or financing activities.  
us-gaap:NetCashProvidedByUsedInOperatingActivitiesAbstract xbrli:stringItemType  Duration     
   
us-gaap:NetIncomeLoss xbrli:monetaryItemType  Duration  Credit   
  The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.  
us-gaap:NoncashInvestingAndFinancingItemsAbstract xbrli:stringItemType  Duration     
   
us-gaap:NoncashOrPartNoncashAcquisitionInventoryAcquired1 xbrli:monetaryItemType  Duration  Debit   
  The amount of inventory that an Entity acquires in a noncash (or part noncash) acquisition. Noncash is defined as information about all investing and financing activities of an enterprise during a period that affect recognized assets or liabilities but that do not result in cash receipts or cash payments in the period. "Part noncash" refers to that portion of the transaction not resulting in cash receipts or cash payments in the period.  
us-gaap:NonoperatingIncomeExpense xbrli:monetaryItemType  Duration  Credit   
  The aggregate amount of income or expense from ancillary business-related activities (that is to say, excluding major activities considered part of the normal operations of the business).  
us-gaap:NotesPayableCurrent xbrli:monetaryItemType  Instant  Credit   
  Sum of the carrying values as of the balance sheet date of the portions of long-term notes payable due within one year or the operating cycle if longer.  
us-gaap:NotesPayableRelatedPartiesCurrentAndNoncurrent xbrli:monetaryItemType  Instant  Credit   
  The amount for notes payable (written promise to pay), due to related parties.  
us-gaap:OperatingExpenses xbrli:monetaryItemType  Duration  Debit   
  Generally recurring costs associated with normal operations except for the portion of these expenses which can be clearly related to production and included in cost of sales or services. Includes selling, general and administrative expense.  
us-gaap:OperatingExpensesAbstract xbrli:stringItemType  Duration     
   
us-gaap:OperatingIncomeLoss xbrli:monetaryItemType  Duration  Credit   
  The net result for the period of deducting operating expenses from operating revenues.  
us-gaap:OrganizationConsolidationAndPresentationOfFinancialStatementsDisclosureAndSignificantAccountingPoliciesTextBlock nonnum:textBlockItemType  Duration     
  The entire disclosure for the organization, consolidation and basis of presentation of financial statements disclosure, and significant accounting policies of the reporting entity. May be provided in more than one note to the financial statements, as long as users are provided with an understanding of (1) the significant judgments and assumptions made by an enterprise in determining whether it must consolidate a VIE and/or disclose information about its involvement with a VIE, (2) the nature of restrictions on a consolidated VIE's assets reported by an enterprise in its statement of financial position, including the carrying amounts of such assets, (3) the nature of, and changes in, the risks associated with an enterprise's involvement with the VIE, and (4) how an enterprise's involvement with the VIE affects the enterprise's financial position, financial performance, and cash flows. Describes procedure if disclosures are provided in more than one note to the financial statements.  
us-gaap:OrganizationConsolidationBasisOfPresentationBusinessDescriptionAndAccountingPoliciesTextBlock nonnum:textBlockItemType  Duration     
  The entire disclosure for the general note to the financial statements for the reporting entity which may include, descriptions of the basis of presentation, business description, significant accounting policies, consolidations, reclassifications, new pronouncements not yet adopted and changes in accounting principles.  
us-gaap:PreferredStockParOrStatedValuePerShare num:perShareItemType  Instant     
  Face amount or stated value per share of preferred stock nonredeemable or redeemable solely at the option of the issuer.  
us-gaap:PreferredStockSharesAuthorized xbrli:sharesItemType  Instant     
  The maximum number of nonredeemable preferred shares (or preferred stock redeemable solely at the option of the issuer) permitted to be issued by an entity's charter and bylaws.  
us-gaap:PreferredStockSharesIssued xbrli:sharesItemType  Instant     
  Total number of nonredeemable preferred shares (or preferred stock redeemable solely at the option of the issuer) issued to shareholders (includes related preferred shares that were issued, repurchased, and remain in the treasury). May be all or portion of the number of preferred shares authorized. Excludes preferred shares that are classified as debt.  
us-gaap:PreferredStockSharesOutstanding xbrli:sharesItemType  Instant     
  Aggregate share number for all nonredeemable preferred stock (or preferred stock redeemable solely at the option of the issuer) held by stockholders. Does not include preferred shares that have been repurchased.  
us-gaap:PreferredStockValue xbrli:monetaryItemType  Instant  Credit   
  Aggregate par or stated value of issued nonredeemable preferred stock (or preferred stock redeemable solely at the option of the issuer). This item includes treasury stock repurchased by the entity. Note: elements for number of nonredeemable preferred shares, par value and other disclosure concepts are in another section within stockholders' equity.  
us-gaap:ProceedsFromIssuanceOrSaleOfEquity xbrli:monetaryItemType  Duration  Debit   
  The cash inflow from the issuance of common stock, preferred stock, treasury stock, stock options, and other types of equity.  
us-gaap:ProceedsFromRelatedPartyDebt xbrli:monetaryItemType  Duration  Debit   
  The cash inflow from a long-term borrowing made from related parties where one party can exercise control or significant influence over another party; including affiliates, owners or officers and their immediate families, pension trusts, and so forth. Alternate caption: Proceeds from Advances from Affiliates.  
us-gaap:ProfessionalFees xbrli:monetaryItemType  Duration  Debit   
  A fee charged for services from professionals such as doctors, lawyers and accountants. The term is often expanded to include other professions, for example, pharmacists charging to maintain a medicinal profile of a client or customer.  
us-gaap:RelatedPartyTransactionsAbstract xbrli:stringItemType  Duration     
   
us-gaap:RelatedPartyTransactionsDisclosureTextBlock nonnum:textBlockItemType  Duration     
  The entire disclosure for related party transactions. Examples of related party transactions include transactions between (a) a parent company and its subsidiary; (b) subsidiaries of a common parent; (c) and entity and its principal owners; and (d) affiliates.  
us-gaap:RepaymentsOfConstructionLoansPayable xbrli:monetaryItemType  Duration  Credit   
  The cash outflow from repayment of borrowings to finance the cost of construction.  
us-gaap:RetainedEarningsAccumulatedDeficit xbrli:monetaryItemType  Instant  Credit   
  The cumulative amount of the reporting entity's undistributed earnings or deficit.  
us-gaap:Revenues xbrli:monetaryItemType  Duration  Credit   
  Amount of revenue recognized from goods sold, services rendered, insurance premiums, or other activities that constitute an earning process. Includes, but is not limited to, investment and interest income before deduction of interest expense when recognized as a component of revenue, and sales and trading gain (loss).  
us-gaap:SaleOfStockConsiderationReceivedOnTransaction xbrli:monetaryItemType  Duration  Debit   
  Cash received on stock transaction after deduction of issuance costs.  
us-gaap:SaleOfStockNumberOfSharesIssuedInTransaction xbrli:sharesItemType  Duration     
  The number of shares issued or sold by the subsidiary or equity method investee per stock transaction.  
us-gaap:ScheduleOfDebtTableTextBlock nonnum:textBlockItemType  Duration     
  Tabular disclosure of information pertaining to short-term and long-debt instruments or arrangements, including but not limited to identification of terms, features, collateral requirements and other information necessary to a fair presentation.  
us-gaap:ScheduleOfShortTermDebtTable xbrli:stringItemType  Duration     
  A table or schedule providing information pertaining to borrowings under which repayment was required in less than twelve months (or normal operating cycle, if longer) after its issuance. It may include: (1) description of the short-term debt arrangement; (2) identification of the lender or type of lender; (3) repayment terms; (4) weighted average interest rate; (5) carrying amount of funds borrowed under the specified short-term debt arrangement as of the balance sheet date and measures of the maximum and average amount outstanding during the period; (6) description of the refinancing of a short-term obligation when that obligation is excluded from current liabilities in the balance sheet; and (7) amount of a short-term obligation that has been excluded from current liabilities in the balance sheet because of a refinancing of the obligation.  
us-gaap:ScheduleOfStockByClassTable xbrli:stringItemType  Duration     
  Schedule detailing information related to equity by class of stock. Class of stock includes common, convertible, and preferred stocks which are not redeemable or redeemable solely at the option of the issuer. It also includes preferred stock with redemption features that are solely within the control of the issuer and mandatorily redeemable stock if redemption is required to occur only upon liquidation or termination of the reporting entity.  
us-gaap:SharesIssued xbrli:sharesItemType  Instant     
  Number of shares of stock issued as of the balance sheet date, including shares that had been issued and were previously outstanding but which are now held in the treasury.  
us-gaap:ShortTermDebtLineItems xbrli:stringItemType  Duration     
  Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.  
us-gaap:ShortTermDebtTypeAxis xbrli:stringItemType  Duration     
  Information by type of short-term debt arrangement.  
us-gaap:ShortTermDebtTypeDomain nonnum:domainItemType  Duration     
  Type of short-term debt arrangement, such as notes, line of credit, commercial paper, asset-based financing, project financing, letter of credit financing.  
us-gaap:StatementLineItems xbrli:stringItemType  Duration     
  Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.  
us-gaap:StatementOfCashFlowsAbstract xbrli:stringItemType  Duration     
   
us-gaap:StatementOfFinancialPositionAbstract xbrli:stringItemType  Duration     
   
us-gaap:StatementTable xbrli:stringItemType  Duration     
  Schedule reflecting a Statement of Income, Statement of Cash Flows, Statement of Financial Position, Statement of Shareholders' Equity and Other Comprehensive Income, or other statement as needed.  
us-gaap:StockIssuedDuringPeriodSharesIssuedForServices xbrli:sharesItemType  Duration     
  Number of shares issued in lieu of cash for services contributed to the entity. Number of shares includes, but is not limited to, shares issued for services contributed by vendors and founders.  
us-gaap:StockIssuedDuringPeriodSharesNewIssues xbrli:sharesItemType  Duration     
  Number of new stock issued during the period.  
us-gaap:StockIssuedDuringPeriodSharesStockSplits xbrli:sharesItemType  Duration     
  Number of shares issued during the period as a result of a stock split.  
us-gaap:StockIssuedDuringPeriodValueNewIssues xbrli:monetaryItemType  Duration  Credit   
  Equity impact of the value of new stock issued during the period. Includes shares issued in an initial public offering or a secondary public offering.  
us-gaap:StockholdersEquity xbrli:monetaryItemType  Instant  Credit   
  Total of all stockholders' equity (deficit) items, net of receivables from officers, directors, owners, and affiliates of the entity which are attributable to the parent. The amount of the economic entity's stockholders' equity attributable to the parent excludes the amount of stockholders' equity which is allocable to that ownership interest in subsidiary equity which is not attributable to the parent (noncontrolling interest, minority interest). This excludes temporary equity and is sometimes called permanent equity.  
us-gaap:StockholdersEquityNoteDisclosureTextBlock nonnum:textBlockItemType  Duration     
  The entire disclosure for shareholders' equity comprised of portions attributable to the parent entity and noncontrolling interest, including other comprehensive income. Includes, but is not limited to, balances of common stock, preferred stock, additional paid-in capital, other capital and retained earnings, accumulated balance for each classification of other comprehensive income and amount of comprehensive income.  
us-gaap:SubsequentEventTypeAxis xbrli:stringItemType  Duration     
  Information by event that occurred after the balance sheet date but before financial statements are issued or available to be issued.  
us-gaap:SubsequentEventTypeDomain nonnum:domainItemType  Duration     
  Event that occurred after the balance sheet date but before financial statements are issued or available to be issued.  
us-gaap:SubsequentEventsAbstract xbrli:stringItemType  Duration     
   
us-gaap:SubsequentEventsTextBlock nonnum:textBlockItemType  Duration     
  The entire disclosure for significant events or transactions that occurred after the balance sheet date through the date the financial statements were issued or the date the financial statements were available to be issued. Examples include: the sale of a capital stock issue, purchase of a business, settlement of litigation, catastrophic loss, significant foreign exchange rate changes, loans to insiders or affiliates, and transactions not in the ordinary course of business.  
us-gaap:TreasuryStockValue xbrli:monetaryItemType  Instant  Debit   
  The amount allocated to treasury stock. Treasury stock is common and preferred shares of an entity that were issued, repurchased by the entity, and are held in its treasury.  
us-gaap:UseOfEstimates nonnum:textBlockItemType  Duration     
  Disclosure of accounting policy for the use of estimates in the preparation of financial statements in conformity with generally accepted accounting principles.  
us-gaap:WarrantsAndRightsOutstanding xbrli:monetaryItemType  Instant  Credit   
  Value of outstanding derivative securities that permit the holder the right to purchase securities (usually equity) from the issuer at a specified price.  
us-gaap:WeightedAverageNumberOfShareOutstandingBasicAndDiluted xbrli:sharesItemType  Duration     
  Average number of shares or units issued and outstanding that are used in calculating basic and diluted earnings per share (EPS).  
Total Elements   183
Total Non-Abstract Elements   140
Total Extension Elements   48
Percent Extended   26%
Percent Extended (excluding abstracts)   27%
Total Facts   202
(End Elements)