MJDS MOJO Data Solutions Inc (CE)

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549

 

FORM 10-Q

 

[X] QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934

 

For the quarter ended: September 30, 2014

 

OR

 

[  ] TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934

 

For the Transition Period from ____________ to ____________

 

Commission File Number: 333-175003

 

Mojo Data Solutions, Inc.

(Exact name of Registrant as specified in its charter)

 

Puerto Rico		66-0808398
(State or other jurisdiction of incorporation)		(IRS Employer I.D. No.)

 

319 Dorado Beach East

Dorado, Puerto Rico 00646

(Address of principal executive offices and zip Code)

 

(631) 521-9700

(Registrant’s telephone number, including area code)

 

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by section 13 or 15(d) of the Securities Exchange Act of 1934 during the past 12 months, and (2) has been subject to such filing requirements for the past 90 days. Yes [  ] No [X]

 

Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files. Yes [  ] No [X]

 

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, or a non-accelerated filer, or a smaller reporting company. See the definitions of “large accelerated filer,” “accelerated filer” and “smaller reporting company” in Rule 12b-2 of the Exchange Act:

 

Large accelerated filer	[  ]	Accelerated filer	[  ]
Non-accelerated filer	[  ]	Smaller reporting company	[X]

 

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes [  ] No [X]

 

As of February 16, 2016, there were 15,755,060 shares outstanding of the registrant’s common stock.

 

 

 

TABLE OF CONTENTS

 

PART I – FINANCIAL INFORMATION
Item 1.	Financial Statements.		F-1
Item 2.	Management’s Discussion and Analysis of Financial Condition and Results of Operations.		3
Item 3.	Quantitative and Qualitative Disclosures About Market Risk.		5
Item 4.	Controls and Procedures.		5
PART II – OTHER INFORMATION
Item 1.	Legal Proceedings.		6
Item 1A.	Risk Factors.		6
Item 2.	Unregistered Sales of Equity Securities and Use of Proceeds.		6
Item 3.	Defaults Upon Senior Securities.		6
Item 4.	Mine Safety Disclosures.		6
Item 5.	Other Information.		6
Item 6.	Exhibits.		7
Signatures			8

 

 

PART I - FINANCIAL INFORMATION

 

Item 1. Financial Statements.

 

MOJO DATA SOLUTIONS, INC.

CONDENSED FINANCIAL STATEMENTS

SEPTEMBER 30, 2014

 

Table of Contents

 

		Page(s)
Condensed Balance Sheets as of September 30, 2014 (Unaudited) and December 31, 2013		F-2
Condensed Statements of Operations For the Three and Nine Months Ended September 30, 2014 and 2013 (Unaudited)		F-3
Condensed Statements of Changes in Stockholders’ Deficit For the Period January 1, 2014 through September 30, 2014 (Unaudited)		F-4
Condensed Statements of Cash Flows For the Nine Months Ended September 30, 2014 and 2013 (Unaudited)		F-5
Notes to Condensed Financial Statements (Unaudited)		F-6

 

 

Mojo Data Solutions, Inc.

Condensed Balance Sheets

 

		September 30, 2014				December 31, 2013
		(unaudited)
Assets
Assets:
Cash		$	3,721			$	37,174
Accounts receivable, net			162				-
Accounts receivable - related party			-				10,000
Other receivable - related party			-				18,000
Inventory			2,961				-
Prepaid expenses			2,445				-
Total current assets			9,289				65,174
Property and equipment, net			11,567				13,607
Other assets, net			-				1,018
Total Assets		$	20,856			$	79,799
Liabilities and Stockholders’ Deficit
Liabilities:
Cash overdraft		$	4,137			$	-
Accounts payable and accrued expenses			60,582				563,554
Accounts payable - related party			300,670				-
Due to related parties			117,020				1,424,077
Notes payable			-				774,089
Convertible note payable			50,000				-
Convertible note payable - related party, net of unamortized discount of $41,375			38,625				-
Total current liabilities			571,034				2,761,720
Notes payable			-				147,634
Total Liabilities			571,034				2,909,354
Commitments and contingencies
Stockholders’ Deficit
Series A Preferred stock, $0.001 par value; 100,000,000 shares authorized; 8,000,000 shares issued and outstanding			8,000				-
Series B Preferred stock, $0.001 par value; 100,000,000 shares authorized; 15,000,000 shares issued and outstanding			15,000				-
Common stock, $0.001 par value; 300,000,000 shares authorized; 15,755,060 and 10,394,135 shares issued and outstanding, respectively			15,755				10,394
Additional paid in capital			75,014				876,408
Accumulated deficit			(663,947	)			(3,716,357	)
Total Stockholders’ Deficit			(550,178	)			(2,829,555	)
Total Liabilities and Stockholders’ Deficit		$	20,856			$	79,799

 

See accompanying notes to the unaudited condensed financial statements

 

 

Mojo Data Solutions, Inc

Condensed Statements of Operations

 

		For the Three Months Ended								For the Nine Months Ended
		September 30, 2014				September 30, 2013				September 30, 2014				September 30, 2013
		(unaudited)				(unaudited)				(unaudited)				(unaudited)
Revenues
Revenues		$	3,250			$	-			$	5,695			$	-
Revenues - related party			-				-				-				6,000
			3,250				-				5,695				6,000
Operating expenses
General and administrative expenses			120,449				142,258				629,707				401,901
Total operating expenses			120,449				142,258				629,707				401,901
Loss from operations			(117,199	)			(142,258	)			(624,012	)			(395,901	)
Other income (expense)
Interest expense			(17,627	)			(23,584	)			(41,975	)			(71,058	)
Total other income (expense)			(17,627	)			(23,584	)			(41,975	)			(71,058	)
Net loss			(134,826	)			(165,842	)			(665,987	)			(466,959	)
Net loss per common share - basic and diluted		$	(0.01	)		$	(0.04	)		$	(0.04	)		$	(0.12	)
Weighted average common shares outstanding -basic and diluted			15,755,060				4,011,600				15,163,738				4,011,600

 

See accompanying notes to the unaudited condensed financial statements

 

 

Mojo Data Solutions, Inc.

Condensed Statement of Changes in Stockholders’ Deficit

For the Period January 1, 2014 through September 30, 2014

(unaudited)

 

		Series A Preferred Stock								Series B Preferred Stock								Common Stock												Accumulated				Stockholders’
		Shares				Par				Shares				Par				Shares				Par				APIC				Deficit				Deficit
Balance at January 1, 2014			-				-				-				-				10,394,135				10,394				876,408				(3,716,357	)			(2,829,555	)
Exchange on asset purchase agreement from related party																											270,000								270,000
Reclassification for reserve merger			8,000,000				8,000				15,000,000				15,000				4,757,665				4,758				(120,351	)							(92,593	)
Extinguishment of MDS assets and liabilities not in APA																											(1,143,195	)			3,718,397				2,575,202
Conversion of note into stock																			400,000				400				99,600								100,000
Conversion of accrued interest to stock																			3,260				3				812								815
Shares issued for services																			200,000				200				45,800								46,000
Warrants issued for services																											45,940								45,940
Net loss																															(665,987	)			(665,987	)
Balance at September 30, 2014			8,000,000				8,000				15,000,000				15,000				15,755,060				15,755				75,014				(663,947	)			(550,178	)

 

See accompanying notes to the unaudited condensed financial statements

 

 

Mojo Data Solutions, Inc.

Condensed Statements of Cash Flows

 

		For the Nine Months Ended
		September 30, 2014				September 30, 2013
		(unaudited)				(unaudited)
CASH FLOWS FROM OPERATING ACTIVITIES:
Net loss		$	(665,987	)		$	(466,959	)
Adjustments to reconcile net loss to net cash used in operating activities:
Depreciation			2,040				28,616
Shares issued for services			46,000				1,000
Warrant expense			45,940				-
Amortization of debt discount			38,625				-
Changes in operating assets and liabilities:
(Increase) Decrease in:
Prepaid expenses			(400	)			2,210
Increase (Decrease) in:
Cash overdraft			-				-
Accounts payable and accrued expenses			(1,722	)			71,506
Accounts payable - related party			290,670				-
Net Cash Used In Operating Activities			(244,834	)			(363,627	)
CASH FLOWS FROM INVESTING ACTIVITIES:
Cash received from sale of assets			8,277				(7,443	)
Cash received from reverse merger			176,104				-
Net Cash Provided By (Used In) Investing Activities			184,381				(7,443	)
CASH FLOWS FROM FINANCING ACTIVITIES:
Repayments on note payable			-				(24,104	)
Proceeds from convertible notes payable			50,000				-
Net proceeds from (repayments to) related parties			(23,000	)			394,646
Net Cash Provided By Financing Activities			27,000				370,542
Net Decrease in Cash			(33,453	)			(528	)
Cash - Beginning of Period			37,174				739
Cash - End of Period		$	3,721			$	211
SUPPLEMENTARY CASH FLOW INFORMATION:
Cash Paid During the Period for:
Income taxes		$	-			$	-
Interest		$	-			$	3,765
SUPPLEMENTARY DISCLOSURE OF NON-CASH INVESTING AND FINANCING ACTIVITIES:
Convertible notes converted to stock		$	100,000			$	-
Accrued interest converted to stock		$	815			$	-
Reclassification for reverse merger		$	(280,204	)		$	-
Extinguishment of MDS assets and liabilities not in APA		$	2,586,709			$	-
Exchange on asset purchase agreement from related party		$	261,723			$	-

 

See accompanying notes to the unaudited condensed financial statements

 

 

MOJO DATA SOLUTIONS, INC.

Notes to Condensed Financial Statements

September, 2014

(Unaudited)

 

Note 1. Nature of Operations and Going Concern

 

Overview

 

Mojo Data Solutions, Inc. (the “Company” or “Mojo”) was founded in Nevada on July 8, 2010 as Authentic Teas, Inc. (“Authentic”). Authentic’s wholly-owned subsidiary was incorporated in the province of Ontario, Canada on July 8, 2010. On September 13, 2013, Authentic Teas, Inc., a Nevada corporation, merged with and into Mojo Data Solutions, Inc., a Puerto Rico corporation and a wholly-owned subsidiary of Authentic formed on August 21, 2013 solely for the purpose of reincorporating Authentic in Puerto Rico under the name Mojo Data Solutions, Inc (the “Reincorporation”). All references to the Company or Authentic before September 13, 2013 are to Authentic Teas, Inc.

 

Basis of Presentation

 

The interim condensed financial statements included herein have been prepared by the Company, without audit, pursuant to the rules and regulations of the Securities and Exchange Commission (the “SEC”). In the opinion of the Company’s management, all adjustments (consisting of normal recurring adjustments and reclassifications and non-recurring adjustments) necessary to present fairly our results of operations for the three and nine months ended September 30, 2014 and 2013, our cash flows for the nine months ended September 30, 2014 and 2013 and our financial position as of September 30, 2014 have been made. The results of operations for such interim periods are not necessarily indicative of the operating results to be expected for the full year.

 

Certain information and disclosures normally included in the notes to the annual financial statements have been condensed or omitted from these interim condensed financial statements. Accordingly, these unaudited interim condensed financial statements should be read in conjunction with the condensed financial statements and notes thereto included in our Report on Form 8-K on the acquisition of MDS and the audited financial statements of MDS for the year ended December 31, 2013 as filed with the SEC on October 31, 2014 and as amended on November 4, 2014.

 

Going Concern

 

The Company had a net loss of $665,987 and negative cash flows from operations of $244,834 for the nine months ended September 30, 2014. The Company’s ability to continue as a going concern is contingent on securing additional debt or equity financing from outside investors. These matters raise substantial doubt about the Company’s ability to continue as a going concern. Management plans to continue to implement its business plan and to fund operations by raising additional capital through the issuance of convertible debt and equity securities.

 

The condensed financial statements do not include any adjustments relating to the recovery of the recorded assets or the classification of the liabilities that might be necessary should the Company be unable to continue as a going concern.

 

 

MOJO DATA SOLUTIONS, INC.

Notes to Condensed Financial Statements

September 30, 2014

(Unaudited)

 

Note 2. Stock and Asset Purchase Agreements

 

Stock Purchase Agreement

 

On August 23, 2013 (the “Closing Date”), Authentic, Hrant Isbeceryan, David Lewis Richardson and Evan Michael Hershfield, constituting all of the executive officers and members of the Board of Directors of Authentic (the “Selling Stockholders”), and RDA Equities, LLC, a Puerto Rico limited liability company (“RDA”), entered into a stock purchase agreement (the “Stock Purchase Agreement”) pursuant to which RDA purchased from the Selling Stockholders an aggregate of 2,750,000 shares, par value $0.001 per share, of restricted common stock of Authentic (the “Shares”) in consideration for $0.001 per Share (the “Purchase Price”), for an aggregate purchase price of $2,750 (the “Transaction”). Such Shares represented approximately 68.6% of the 15,151,800 outstanding shares of common stock of Authentic as of such date.

 

Pursuant to the terms and conditions of the Stock Purchase Agreement, on the Closing Date, (i) the Board of Directors of Authentic appointed Joseph Spiteri and Ralph M. Amato as members to the Board of Directors; (ii) Hrant Isbeceryan and David Lewis Richardson, the current executive officers of the Company, resigned from the Company; (iii) the Board of Directors appointed Joseph Spiteri as the Company’s Chief Executive Officer, President, Secretary and Treasurer, Ronald J. Everett as the Company’s Chief Financial Officer, and Nicholas P. DeVito as the Company’s Chief Operating Officer; and (iv) Hrant Isbeceryan, David Lewis Richardson and Evan Michael Hershfield resigned from the Board of Directors, effective immediately.

 

Also pursuant to the Stock Purchase Agreement, Authentic agreed to effectuate the following: (a) a three-for-one (3:1) forward stock split of Authentic’s outstanding common stock (the “Forward Stock Split”); (b) a business combination by merging Authentic with and into Mojo Data Solutions, Inc., a corporation formed in the Commonwealth of Puerto Rico, with Mojo being the surviving entity (the “Surviving Corporation”) and with each outstanding share of the Common Stock of the Company being automatically converted into one share of Common Stock of the Surviving Corporation (the “Merger”); and (c) the Surviving Corporation subsequently acquiring certain intellectual property assets of Mobile Data Systems, Inc., a New York corporation (the “Acquisition”). In the event the Merger and Acquisition was not consummated on or prior to the 90th day following the Closing Date, which date was extended by agreement among the parties, the Company agreed to undertake all reasonable efforts to remove the then current directors and officers of the Company in accordance with applicable corporate law and replace such individuals with Hrant Isbeceryan as President, Chief Executive Officer and director, David Lewis Richardson as Chief Financial Officer, Secretary, Treasurer and director and Evan Michael Hershfield as director, and unless otherwise consented to in writing by Hrant Isbeceryan, cease all actions in connection with the Forward Stock Split, Merger and Acquisition to the extent such actions have not yet been consummated; and retransfer the Shares back to the Selling Stockholders for the Purchase Price.

 

On September 13, 2013, Authentic, effectuated a three-for-one (3:1) forward stock split of its outstanding shares of common stock, par value $0.001 per share. All references to Authentic’s outstanding shares, warrants and per share information have been retroactively adjusted to give effect to the forward stock split. After the forward stock split, Authentic merged with and into Mojo Data Solutions, Inc., a Puerto Rico corporation and a wholly-owned subsidiary of Authentic formed on August 21, 2013 solely for the purpose of reincorporating Authentic in Puerto Rico under the new name Mojo Data Solutions, Inc. Pursuant to that certain Agreement and Plan of Merger, dated August 27, 2013, by and between Authentic, a Nevada corporation and Mojo Data Solutions, Inc., a Puerto Rico corporation (the “Merger Agreement” and “Mojo”), Authentic merged with and into Mojo, with Mojo being the surviving corporation (hereinafter referred to as the “Company”) and Authentic ceasing to exist. Each share of common stock of Authentic automatically, and without any further action by any of the stockholders, became a share of common stock, par value $0.001, of Mojo on a one-for-one basis. As a result of the Merger, the Certificate of Incorporation and Bylaws of Authentic became the Certificate of Incorporation and Bylaws of the Company.

 

 

MOJO DATA SOLUTIONS, INC.

Notes to Condensed Financial Statements

September 30, 2014

(Unaudited)

 

Note 2. Stock and Asset Purchase Agreements (continued)

 

Asset Purchase Agreement

 

On September 27, 2013, the Company entered into an Asset Purchase Agreement (the “APA”) with Mobile Data Systems, Inc., a New York corporation (“MDS”), pursuant to which the Company agreed to purchase all of the intellectual property and substantially all of the tangible assets of MDS, constituting substantially all of the assets of MDS, in consideration for $190,000 cash and an unsecured promissory note for the principal amount of $80,000 (the “Promissory Note”), bearing interest at a rate of 5% per annum, maturing on the first anniversary date of the date of issuance and convertible by the holder thereof at any time and from time to time into restricted shares of common stock of the Company at the rate of $0.05 per share (the “Transaction”). The net cash received from MOJO was $8,277 with the remaining $80,000 recorded as note receivable and $181,723 recorded as payment of debt. The total consideration of $270,000 was recorded as an equity transaction between related parties. The CEO of the Company is also the CEO of Mobile Data Systems, Inc. Upon the closing of the transaction under the APA on January 31, 2014, the business of MDS became the business of Mojo.

 

The combination of the stock purchase agreement and APA is accounted for under the guidance for reverse merger acquisitions. In accordance with reverse merger accounting, the December 31, 2013 balances on the balance sheet are those of MDS with the exception of common stock which has been reflected to show the shares that would have been outstanding if MDS was public as of December 31, 2013. In addition, the prior year quarterly results of operations and cash flows are those of MDS.

 

Upon closing of the APA, all assets of MDS were removed from the surviving company with the exception of the fixed assets which were assumed by the surviving company as part of the APA. In addition, all liabilities and retained earnings were also removed from the surviving company. The net adjustment to additional paid in capital for this was a decrease of $1,143,195 with net asset removed of $2,575,202. In addition, upon closing of the APA, all assets, liabilities, and equity instruments of Mojo were incorporated to the surviving company. The net adjustment to additional paid in capital for this was a decrease of $120,351 with net assets assumed of $(92,593). The net cash received from the reverse merger was $176,104.

 

 

MOJO DATA SOLUTIONS, INC.

Notes to Condensed Financial Statements

September 30, 2014

(Unaudited)

 

See below for a table showing the full effects of the reverse merger at the time of commencement on January 31, 2014.

 

										Consolidation Adjustments												Surviving
		MDS				Mojo				MDS				Mojo				APIC				Company
Cash and cash equivalents			11,507				187,610				(11,507	)			187,610				176,103				187,610
Accounts receivable			-				163				-				163				163				163
Accounts receivable - related party			10,000				-				(10,000	)			-				(10,000	)			-
Inventory			-				2,961				-				2,961				2,961				2,961
Prepaid expenses			-				2,045				-				2,045				2,045				2,045
Convertible note receivable			80,000								(80,000	)							(80,000	)			-
Other receivable - related party			18,000				-				(18,000	)			-				(18,000	)			-
			119,507				192,779																192,779
Property and equipment, net			13,607				-				-				-				-				13,607
Other assets			1,018				-				(1,018	)			-				(1,018	)			-
			134,132				192,779																206,386
Cash overdraft							4,137								(4,137	)			(4,137	)			4,137
Accounts payable			562,650				56,258				562,650				(56,258	)			506,392				56,258
Accounts payable - related party			-				10,000				-				(10,000	)			(10,000	)			10,000
Accrued expenses			-				5,957				-				(5,957	)			(5,957	)			5,957
Notes payable			740,000				-				740,000				-				740,000				-
Convertible notes payable			-				100,000				-				(100,000	)			(100,000	)			100,000
Due to related parties			1,393,077				109,020				1,393,077				(109,020	)			1,284,057				109,020
			2,695,727				285,372																285,372
Preferred stock			-				23,000				-				(23,000	)			(23,000	)			23,000
Common stock			10,394				15,152				-				(4,758	)			(4,758	)			15,152
Additional paid in capital			1,146,408				230,626				-				-				-				(117,138	)
Accumulated deficit			(3,718,397	)			(361,371	)			(3,718,397	)			-				(3,718,397	)			-
			(2,561,595	)			(92,593	)															(78,986	)
			134,132				192,779				(1,143,195	)			(120,351	)			(1,263,545	)			206,386

 

 

MOJO DATA SOLUTIONS, INC.

Notes to Condensed Financial Statements

September 30, 2014

(Unaudited)

 

Note 3. Related Party Transactions

 

On January 31, 2014, the Company consummated the Asset Purchase Agreement (the “APA”) with Mobile Data Systems, Inc., a New York corporation (“MDS”), for which the CEO of the Company is also the CEO. See Note 2 for details of the APA. As of September 30, 2014, the Company owed Mobile Data Systems, Inc. $26,185 relating to expenses incurred prior to the signing of the APA. This payable is included in accounts payable – related party on the balance sheet.

 

As result of the reserve merger, on January 31, 2014, $80,000 of convertible debt were carried over to the Company. The note has a conversion price of $0.05 that bears 5% interest. The stock price on January 31, 2014 was $0.23, which resulted in a beneficial conversion feature. Due to the beneficial conversion feature, a debt discount of $80,000 was recorded. The debt discount will be accreted using the effective interest method. Debt discount amortization for the three and nine months ended September 30, 2014 was $16,314 and $38,625, respectively, which is included in interest expense on the statement of operations. The unamortized debt discount as of September 30, 2014 was $41,375. Interest expense on the note for the three and nine months ended September 30, 2014 was $1,000 and $2,667, respectively.

 

On November 19, 2013, and December 18, 2013, the Company sold two convertible promissory notes to Prospect Financial, LLC (“Prospect Financial”), an entity which Ralph M. Amato, a principal stockholder and a former member of the Board of Directors of the Company, has voting and dispositive control, in consideration for, and for the principal amounts of, $50,000 each. Each note bore interest at the rate of 5% per annum, was to mature on the first year anniversary date of the date of issuance, and was convertible into common stock at $0.25 per share. On January 31, 2014, the combined outstanding principal balance of $100,000 and combined accrued interest of $815 on the notes were converted into 400,000 and 3,260 shares of common stock, respectively.

 

As of September 30, 2014 and December 31, 2013, respectively, $117,020 is due to the Company’s former President and Chief Financial Officer. The advances are unsecured, non-interest bearing and due on demand.

 

The Company engages a related party through common ownership by the CEO for consulting expenses. The Company made repayments for amounts owed to this company of $31,000 and borrowed $8,000 which is due on demand and does not bear any interest, resulting in net repayments of $23,000 during the nine months ended September 30, 2014. Consulting expenses incurred with this related party during the three and nine months ended September 30, 2014 was $95,869 and $257,856, respectively. The Company also leases rental space from this related party. There are no set terms for rent as rent is on a month to month basis. Rent expense for the three and nine months ended September 30, 2014 was $4,550 and $11,200, respectively. At September 30, 2014, the Company owed this related party $274,484. This payable is included in accounts payable – related party on the balance sheet.

 

 

MOJO DATA SOLUTIONS, INC.

Notes to Condensed Financial Statements

September 30, 2014

(Unaudited)

 

Note 4. Convertible Note Payable

 

On May 16, 2014, the Company issued a $50,000 convertible note bearing interest at 5% per year with a maturity date of May 15, 2015. The note is convertible at $0.25 per share. At September 30, 2014, there was $50,000 outstanding on this note.

 

Note 5. Stockholders’ Deficit

 

Common Stock

 

On January 31, 2014, the Company issued 200,000 shares of its common stock and 200,000 warrants with an exercise price of $0.50 and a life of three years for consulting services for a fair value totaling $46,000 and $45,940, respectively. The warrants have been valued using the Black-Scholes model with the following assumptions; term of 3 years, volatility of 383%, risk-free interest rate of 0.69% and dividend yield of 0%. The expected warrant term is based on the remaining contractual term. The expected volatility is based on the historical volatility of the prior companies. The risk-free interest rate is based on the U.S. Treasury yields with terms equivalent to the expected term of the related warrant at the valuation date. Dividend yield is based on historical trends.

 

Warrants

 

Warrant activity for the nine months ended September 30, 2014 consisted of:

 

		2014
		Number of Warrants				Weighted Average Exercise Price
Outstanding at January 1,			-				-
Granted			1,700,000				0.50
Expired			-				-
Exercised			-				-
Outstanding at September 30,			1,700,000				0.50

 

In addition to the issuance of 200,000 warrants describe above under Common Stock above, 1,500,000 warrants with an exercise price of $0.50 and a life of five years were issued in the current quarter prior to the reverse merger; therefore, all accounting for these warrants was done in the line titled Reclassification for Reverse Merger on the Condensed Statement of Changes in Stockholders’ Deficit.

 

As of September 30, 2014, the total intrinsic value of warrants outstanding and exercisable was $0.

 

As of September 30, 2014, the Company has $0 in stock-based compensation related to warrants that is yet to be vested. The weighted average remaining life of the warrants is 4.15 years.

 

 

Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations.

 

Forward Looking Statements

 

The following discussion and analysis of the financial condition and results of operations of the Company is for the three and nine month periods ended September 30, 2014 and 2013 and should be read in conjunction with the Selected Consolidated Financial Data, the financial statements, and the notes to those financial statements that are included elsewhere in this Current Report. Our discussion includes forward-looking statements based upon current expectations that involve risks and uncertainties, such as our plans, objectives, expectations and intentions. Actual results and the timing of events could differ materially from those anticipated in these forward-looking statements as a result of a number of factors. We use words such as “anticipate,” “estimate,” “plan,” “project,” “continuing,” “ongoing,” “expect,” “believe,” “intend,” “may,” “will,” “should,” “could,” and similar expressions to identify forward-looking statements. As used in this Report, the terms “MOJO,” the “Company,” “we,” “us,” “our,” and similar terms mean MOJO Data Solutions, Inc., a Puerto Rico corporation.

 

Company Overview

 

Since the consummation of the Asset Purchase Agreement on January 31, 2014 (see Note 1 of the financial statements for details of the transaction), we have been refocusing the Company’s business plan and strategy to develop and monetize the intellectual property assets we purchased from MDS. Preceding the transaction, the Company served as a holding company for our predecessor’s wholly-owned subsidiary, Authentic Teas Inc., a corporation incorporated in the province of Ontario, Canada on July 8, 2010 (“AUTT Canada”). AUTT Canada historically sold herbal teas online. We intend to sell the business of AUTT Canada in the near future.

 

MOJO develops smartphone applications that enable brands and consumers to interact with media delivering digital content back to the handset. The Company focuses on retail, entertainment and pharmaceutical verticals.

 

Through our proprietary and licensed intellectual property, we are engaged in developing technologies to deliver a fully integrated, multimedia mobile visual search, discovery, content delivery and consumer activation platform - combining a simple, elegant user experience on the handset, with sophisticated data processing and campaign management tools including our audio and digital watermarking technologies and other campaign management tools. The basic idea of watermarking is to enable a hidden channel that can be used in existing distribution channels. This channel offers the possibility to transmit user specific data. Audio watermarking enables the imperceptible transmission of data within audio signals, allowing the attachment of property rights or additional data to the customer of the audio material. Digital watermarks consist of indiscernible information that can be inserted into images, audio data or videos. The watermark can also be used to check the authenticity of copies by authorized persons and provide evidence of whether the product was legally acquired or has been tampered with in some way.

 

Our goal is to work closely with large brands and the advertising and marketing agencies who serve them to enhance traditional advertising and marketing campaigns. We intend to achieve this by creating exciting consumer experiences enabled through all forms of mobile tags and barcodes, including the simplest UPC symbols, to the most advanced image recognition and audio watermarking, using our Mojo Tags multimedia reader.

 

We intend for our technologies to interoperate seamlessly with existing, large-scale systems, including retail point-of-sale, customer relationship management, campaign management, digital loyalty, inventory, track-and-trace and mobile operating systems.

 

In addition to having mastered the integration of mobile tag and barcode solutions, our goal is to specialize in helping our clients improve their financial performance by enabling practical and profitable business models and revenue streams.

 

 

Results of Operations

 

Three months ended September 30, 2014 compared to the three months ended September 30, 2013

 

During the three months ended September 30, 2014, the Company generated revenues of $3,250 compared to no revenues during the three months ended September 30, 2013.

 

During the three months ended September 30, 2014, the Company had general and administrative expenses of $120,449 compared to $142,258 during the three months ended September 30, 2013. The majority of expenses for the three months ended September 30, 2014 were for professional fees.

 

During the three months ended September 30, 2014 and 2013, the Company had interest expense of $17,627 and $23,584, respectively.

 

The foregoing resulted in net loss of $134,826 during the three months ended September 30, 2014 compared to a net loss of $165,842 during the three months ended September 30, 2013. The Company attributes the increase in net loss to increased professional fees.

 

Nine months ended September 30, 2014 compared to the nine months ended September 30, 2013

 

During the nine months ended September 30, 2014, the Company generated revenues of $5,695 from a non-related party compared to revenues of $6,000, from a related party during the nine months ended September 30, 2013.

 

During the nine months ended September 30, 2014, the Company had general and administrative expenses of $629,707 compared to $401,901 during the nine months ended September 30, 2013. The majority of expenses for the nine months ended September 30, 2014 were for professional fees related to the regulatory filings in connection with the consummation of the Asset Purchase Agreement.

 

During the nine months ended September 30, 2014 and 2013, the Company had interest expense of $41,975 and $71,058, respectively.

 

The foregoing resulted in net loss of $665,987 during the nine months ended September 30, 2014 compared to a net loss of $466,959 during the nine months ended September 30, 2013. The Company attributes the increase in net loss to increased professional fees.

 

Liquidity and Capital Resources

 

The Company’s working capital as of September 30, 2014 and December 31, 2013 is summarized as follows:

 

		September 30, 2014				December 31, 2013
Current Assets		$	9,289			$	65,174
Current Liabilities		$	571,034			$	2,761,720
Working Capital (Deficiency)		$	(561,745	)		$	(2,696,546	)

 

The Company’s cash flow for the nine months ended September 30, 2014 and 2013 is summarized as follows:

 

		September 30, 2014				September 30, 2013
Cash (used in) operating activities		$	(244,834	)		$	(363,627	)
Cash provided by (used in) investing activities		$	184,381			$	(7,443	)
Cash provided by financing activities		$	27,000			$	370,542
Net increase (decrease) in cash and cash equivalents		$	(33,453	)		$	(528	)

 

As of September 30, 2014, we had a working capital deficiency of $561,745 compared to a working capital deficiency of $2,696,546, an improvement of $2,134,801. The change is primarily attributable to the effects of the asset purchase agreement resulting in a decrease in debt.

 

Cash used in operating activities during the nine months ended September 30, 2014 was $244,834. The was primarily due to a net loss of $665,987 which was offset by shares issued for services of $46,000, warrant expense for services of $45,940, amortization of debt discount of $38,625 and a change in accounts payable – related party resulting in an increase in cash of $290,670. Cash used in operating activities during the nine months ended September 30, 2013 was $363,627. This was primarily due to a net loss of $466,959 offset by depreciation expense of $28,616 and a change in accounts payable and accrued expenses resulting in an increase in cash of $71,506.

 

 

Cash provided by (used in) investing activities during the nine months ended September 30, 2014 and 2013 was $184,381 and ($7,443), respectively. The primary item comprising the $184,381 for the nine months ended September 30, 2014 was the cash received from the asset purchase agreement. For the nine months ended September 30, 2013, the Company spent $7,443 to acquire fixed assets.

 

Cash provided financing activities during the nine months ended September 30, 2014 and 2013 was $27,000 and $370,542, respectively. Cash provided by financing activities during the nine months ended September 30, 2014 was due to net repayments of $23,000 to related parties offset by net proceeds of $50,000 from the issuance of a convertible note. Cash provided by financing activities during the nine months ended September 30, 2013 was $370,542 which consisted of $24,104 in repayments offset by proceeds from related parties of $394,646.

 

We anticipate that our cash on hand and the revenue that we anticipate generating going forward from our operations will not be sufficient to satisfy all of our cash requirements for the next twelve month period. We require funds to enable us to address our minimum current and ongoing expenses as presently, we are not generating revenue to meet our operating and capital expenses. We currently do not have committed sources of additional financing and may not be able to obtain additional financing, particularly, if the volatile conditions in the stock and financial markets persist. To acquire additional financing, we plan to raise any such additional capital primarily through equity and debt financing, provided that such funding is available to our Company. The issuance of additional equity securities by our Company may result in a significant dilution in the equity interests of our current stockholders. There is no assurance that we will be able to obtain further funds required for our continued operations or that additional financing will be available to us when needed or, if available, that it can be obtained on commercially reasonable terms. If we are not able to obtain additional financing as required on a timely basis, we will not be able to meet certain obligations as they become due and we will be forced to scale down or perhaps even cease our operations.

 

Off Balance Sheet Arrangements:

 

We do not have any off-balance sheet arrangements, financings, or other relationships with unconsolidated entities or other persons, also known as “special purpose entities” (SPEs).

 

Item 3. Quantitative and Qualitative Disclosures About Market Risk.

 

We do not hold any derivative instruments and do not engage in any hedging activities.

 

Item 4. Controls and Procedures.

 

(a) Evaluation of Disclosure Controls and Procedures

 

Based on evaluation as of the end of the period covered by this Form 10-Q, our principal executive officer and principal financial officer have concluded that our disclosure controls and procedures (as defined in Rules 13a-15(c) and 15d-15(e) under the Exchange Act) are not effective to ensure that information required to be disclosed by us in report that we file or submit under the Exchange Act is recorded, processed, summarized and reported within the time periods specified in the U.S. Securities and Exchange Commission’s rules and forms and to ensure that information required to be disclosed by us in the reports that we file or submit under the Exchange Act is accumulated and communicated to our management, including our chief executive officer and chief financial officer, as appropriate to allow timely decisions regarding required disclosure.

 

(b) Changes in Internal Control over Financial Reporting

 

There were no changes in our internal control over financial reporting, as defined in Rules 13a-15(f) and 15d-15(f) under the Exchange Act, during our most recently completed fiscal quarter that have materially affected, or are reasonably likely to materially affect, our internal control over financial reporting.

 

 

PART II - OTHER INFORMATION

 

Item 1. Legal Proceedings.

 

We are currently not involved in any litigation that we believe could have a material adverse effect on our financial condition or results of operations. There is no action, suit, proceeding, inquiry or investigation before or by any court, public board, government agency, self-regulatory organization or body pending or, to the knowledge of the executive officers of our company or any of our subsidiaries, threatened against or affecting our company, our common stock, any of our subsidiaries or of our companies or our subsidiaries’ officers or directors in their capacities as such, in which an adverse decision could have a material adverse effect.

 

Item 1A. Risk Factors.

 

There have been no material changes from the risk factors previously disclosed in our Annual Report on Form 8-K for the fiscal year ended December 31, 2013, filed with the SEC on October 29, 2014.

 

Item 2. Unregistered Sales of Equity Securities and Use of Proceeds.

 

Other than as noted above and previously reported on the Company’s Current Reports on Form 8-K, there have been no unregistered sales of equity securities for the period ended September 30, 2014.

 

Item 3. Defaults upon Senior Securities.

 

There has been no default in payment of principal, interest, sinking or purchase fund installment, or any other material default, with respect to any indebtedness of the Company.

 

Item 4. Mine Safety Disclosure.

 

Not applicable.

 

Item 5. Other Information.

 

There is no other information required to be disclosed under this item which was not previously disclosed.

 

 

Item 6. Exhibits.

 

Exhibit No.		Description
31.1		Certification of Principal Executive Officer, pursuant to 18 U.S.C. 1350, as adopted pursuant to Section 302 of 2002*
31.2		Certification of Principal Financial Officer, pursuant to 18 U.S.C. 1350, as adopted pursuant to Section 302 of 2002*
32.1		Certification of Principal Executive Officer, pursuant to 18 U.S.C. 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002*
32.2		Certification of Principal Financial Officer, pursuant to 18 U.S.C. 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002*
101.INS		XBRL Instance Document**
101.SCH		XBRL Taxonomy Extension Schema Document**
101.CAL		XBRL Taxonomy Extension Calculation Linkbase Document**
101.DEF		XBRL Taxonomy Extension Definition Linkbase Document**
101.LAB		XBRL Taxonomy Extension Label Linkbase Document**
101.PRE		XBRL Taxonomy Extension Presentation Linkbase Document**

 

* Filed herewith.

** Furnished herewith.

 

  

SIGNATURES

 

In accordance with the requirements of the Exchange Act, the registrant caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

	Mojo Data Solutions, Inc.
Date: February 16, 2016	By:	/s/ Joseph Spiteri
	Name:	Joseph Spiteri
	Title:	Chief Executive Officer

 

  

EXHIBIT 31.1

 

CERTIFICATION OF PRINCIPAL EXECUTIVE OFFICER

PURSUANT TO 18 U.S.C. SECTION 1350,

AS ADOPTED PURSUANT TO SECTION 302 OF

THE SARBANES-OXLEY ACT OF 2002

 

I, Joseph Spiteri, certify that:

 

1.	I have reviewed this Form 10-Q of Mojo Data Solutions, Inc.;
2.	Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;
3.	Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;
4.	The registrant’s other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13-a-15(f) and 15d-15(f)) for the registrant and have:

 

	a)	Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;
	b)	Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;
	c)	Evaluated the effectiveness of the registrant’s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and
	d)	Disclosed in this report any change in the registrant’s internal control over financial reporting that occurred during the registrant’s most recent fiscal quarter (the registrant’s fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting; and

 

5.	The registrant’s other certifying officer(s) and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant’s auditors and the audit committee of the registrant’s board of directors (or persons performing the equivalent functions):

 

	a)	All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant’s ability to record, process, summarize and report financial information; and
	b)	Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant’s internal control over financial reporting.

 

Date: February 16, 2016	By:	/s/ Joseph Spiteri
		Joseph Spiteri
		Chief Executive Officer, Mojo Data Solutions, Inc.

 

 

 

 

  

EXHIBIT 31.2

 

CERTIFICATION OF PRINCIPAL FINANCIAL OFFICER

PURSUANT TO 18 U.S.C. SECTION 1350,

AS ADOPTED PURSUANT TO SECTION 302 OF

THE SARBANES-OXLEY ACT OF 2002

 

I, Joseph Spiteri, certify that:

 

1.	I have reviewed this Form 10-Q of Mojo Data Solutions, Inc.;
2.	Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;
3.	Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;
4.	The registrant’s other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13-a-15(f) and 15d-15(f)) for the registrant and have:

 

	a)	Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;
	b)	Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;
	c)	Evaluated the effectiveness of the registrant’s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and
	d)	Disclosed in this report any change in the registrant’s internal control over financial reporting that occurred during the registrant’s most recent fiscal quarter (the registrant’s fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting; and

 

5.	The registrant’s other certifying officer(s) and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant’s auditors and the audit committee of the registrant’s board of directors (or persons performing the equivalent functions):

 

	a)	All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant’s ability to record, process, summarize and report financial information; and
	b)	Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant’s internal control over financial reporting.

 

Date: February 16, 2016	By:	/s/ Joseph Spiteri
		Joseph Spiteri
		Chief Executive Officer, Mojo Data Solutions, Inc.

 

 

 

 

  

EXHIBIT 32.1

 

CERTIFICATION PURSUANT TO

18 U.S.C. SECTION 1350,

AS ADOPTED PURSUANT TO SECTION 906 OF

THE SARBANES-OXLEY ACT OF 2002

 

In connection with this Quarterly Report of Mojo Data Solutions, Inc. (the “Company”), on Form 10-Q for the period ended September 30, 2014, as filed with the U.S. Securities and Exchange Commission on the date hereof, I, Joseph Spiteri, Chief Executive Officer of the Company, certify to the best of my knowledge, pursuant to 18 U.S.C. Sec. 1350, as adopted pursuant to Sec. 906 of the Sarbanes-Oxley Act of 2002, that:

 

	(1)	Such Quarterly Report on Form 10-Q for the period ended September 30, 2014, fully complies with the requirements of section 13(a) or 15(d) of the Securities Exchange Act of 1934; and
	(2)	The information contained in such Quarterly Report on Form 10-Q for the period ended September 30, 2014, fairly presents, in all material respects, the financial condition and results of operations of the Company.

 

Date: February 16, 2016	By:	/s/ Joseph Spiteri
		Joseph Spiteri
		Chief Executive Officer, Mojo Data Solutions, Inc.

 

 

 

 

  

EXHIBIT 32.2

 

CERTIFICATION PURSUANT TO

18 U.S.C. SECTION 1350,

AS ADOPTED PURSUANT TO SECTION 906 OF

THE SARBANES-OXLEY ACT OF 2002

 

In connection with this Quarterly Report of Mojo Data Solutions, Inc. (the “Company”), on Form 10-Q for the period ended September 30, 2014, as filed with the U.S. Securities and Exchange Commission on the date hereof, I, Joseph Spiteri, Chief Financial Officer of the Company, certify to the best of my knowledge, pursuant to 18 U.S.C. Sec. 1350, as adopted pursuant to Sec. 906 of the Sarbanes-Oxley Act of 2002, that:

 

	(1)	Such Quarterly Report on Form 10-Q for the period ended September 30, 2014, fully complies with the requirements of section 13(a) or 15(d) of the Securities Exchange Act of 1934; and
	(2)	The information contained in such Quarterly Report on Form 10-Q for the period ended September 30, 2014, fairly presents, in all material respects, the financial condition and results of operations of the Company.

 

Date: February 16, 2016	By:	/s/ Joseph Spiteri
		Joseph Spiteri
		Chief Executive Officer, Mojo Data Solutions, Inc.

 

v3.3.1.900

Document and Entity Information - shares	9 Months Ended
	Sep. 30, 2014	Feb. 16, 2016
Document And Entity Information
Entity Registrant Name	MOJO DATA SOLUTIONS, INC.
Entity Central Index Key	0001523486
Document Type	10-Q
Document Period End Date	Sep. 30, 2014
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Entity Filer Category	Smaller Reporting Company
Entity Common Stock, Shares Outstanding		15,755,060
Trading Symbol	MJDS
Document Fiscal Period Focus	Q3
Document Fiscal Year Focus	2014

v3.3.1.900

Condensed Balance Sheets - USD ($)	Sep. 30, 2014	Dec. 31, 2013
Assets:
Cash	$ 3,721	$ 37,174
Accounts receivable, net	$ 162
Accounts receivable - related party		$ 10,000
Other receivable - related party		$ 18,000
Inventory	$ 2,961
Prepaid expenses	2,445
Total current assets	9,289	$ 65,174
Property and equipment, net	$ 11,567	13,607
Other assets, net		1,018
Total Assets	$ 20,856	$ 79,799
Liabilities:
Cash overdraft	4,137
Accounts payable and accrued expenses	60,582	$ 563,554
Accounts payable - related party	300,670
Due to related parties	$ 117,020	$ 1,424,077
Notes payable		$ 774,089
Convertible note payable	$ 50,000
Convertible note payable - related party, net of unamortized discount of $41,375	38,625
Total current liabilities	$ 571,034	$ 2,761,720
Notes payable		147,634
Total Liabilities	$ 571,034	2,909,354
Stockholders' Deficit
Common stock, $0.001 par value; 300,000,000 shares authorized; 15,755,060 and 10,394,135 shares issued and outstanding, respectively	15,755	10,394
Additional paid in capital	75,014	876,408
Accumulated deficit	(663,947)	(3,716,357)
Total Stockholders' Deficit	(550,178)	(2,829,555)
Total Liabilities and Stockholders' Deficit	20,856	$ 79,799
Series A Preferred Stock [Member]
Stockholders' Deficit
Preferred stock, value	8,000
Series B Preferred Stock [Member]
Stockholders' Deficit
Preferred stock, value	$ 15,000

v3.3.1.900

Condensed Balance Sheets (Parenthetical) - USD ($)	Sep. 30, 2014	Dec. 31, 2013
Unamortized discount of covertible note payable - related party	$ 41,375
Common Stock, par value	$ 0.001	$ 0.001
Common Stock, shares authorized	300,000,000	300,000,000
Common Stock, shares issued	15,755,060	10,394,135
Common Stock, shares outstanding	15,755,060	10,394,135
Series A Preferred Stock [Member]
Preferred Stock, par value	$ 0.001	$ 0.001
Preferred Stock, shares authorized	100,000,000	100,000,000
Preferred Stock, shares issued	8,000,000	8,000,000
Preferred Stock, shares outstanding	8,000,000	8,000,000
Series B Preferred Stock [Member]
Preferred Stock, par value	$ 0.001	$ 0.001
Preferred Stock, shares authorized	100,000,000	100,000,000
Preferred Stock, shares issued	15,000,000	15,000,000
Preferred Stock, shares outstanding	15,000,000	15,000,000

v3.3.1.900

Condensed Statements of Operations (Unaudited) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013
Revenues
Revenues	$ 3,250		$ 5,695
Revenues - related party				$ 6,000
Total revenues	$ 3,250		$ 5,695	6,000
Operating expenses
General and administrative expenses	120,449	$ 142,258	629,707	401,901
Total operating expenses	120,449	142,258	629,707	401,901
Loss from operations	(117,199)	(142,258)	(624,012)	(395,901)
Other income (expense)
Interest expense	(17,627)	(23,584)	(41,975)	(71,058)
Total other income (expense)	(17,627)	(23,584)	(41,975)	(71,058)
Net loss	$ (134,826)	$ (165,842)	$ (665,987)	$ (466,959)
Net loss per common share - basic and diluted	$ (0.01)	$ (0.04)	$ (0.04)	$ (0.12)
Weighted average common shares outstanding - basic and diluted	15,755,060	4,011,600	15,163,738	4,011,600

v3.3.1.900

Condensed Statement of Changes in Stockholders' Deficit (Unaudited) - 9 months ended Sep. 30, 2014 - USD ($)	Series A Preferred Stock [Member]	Series B Preferred Stock [Member]	Common Stock [Member]	APIC [Member]	Accumulated Deficit [Member]	Total
Balance at Dec. 31, 2013			$ 10,394	$ 876,408	$ (3,716,357)	$ (2,829,555)
Balance, shares at Dec. 31, 2013			10,394,135
Exchange on asset purchase agreement from related party				270,000		270,000
Reclassification for reserve merger	$ 8,000	$ 15,000	$ 4,758	(120,351)		$ (92,593)
Reclassification for reserve merger, shares	8,000,000	15,000,000	4,757,665
Extinguishment of MDS assets and liabilities not in APA				(1,143,195)	$ 3,718,397	$ 2,575,202
Conversion of note into stock			$ 400	99,600		100,000
Conversion of note into stock, shares			400,000
Conversion of accrued interest to stock			$ 3	812		815
Conversion of accrued interest to stock, shares			3,260
Shares issued for services			$ 200	45,800		46,000
Shares issued for services, shares			200,000
Warrants issued for services				$ 45,940		45,940
Net loss					$ (665,987)	(665,987)
Balance at Sep. 30, 2014	$ 8,000	$ 15,000	$ 15,755	$ 75,014	$ (663,947)	$ (550,178)
Balance, shares at Sep. 30, 2014	8,000,000	15,000,000	15,755,060

v3.3.1.900

Condensed Statements of Cash Flows (Unaudited) - USD ($)	9 Months Ended
	Sep. 30, 2014	Sep. 30, 2013
CASH FLOWS FROM OPERATING ACTIVITIES:
Net loss	$ (665,987)	$ (466,959)
Adjustments to reconcile net loss to net cash used in operating activities:
Depreciation	2,040	28,616
Shares issued for services	46,000	$ 1,000
Warrant expense	45,940
Amortization of debt discount	38,625
Changes in operating assets and liabilities:
(Increase) Decrease in: Prepaid expenses	$ (400)	$ 2,210
Increase (Decrease) in: Cash overdraft
Increase (Decrease) in: Accounts payable and accrued expenses	$ (1,722)	$ 71,506
Increase (Decrease) in: Accounts payable - related party	290,670
Net Cash Used In Operating Activities	(244,834)	$ (363,627)
CASH FLOWS FROM INVESTING ACTIVITIES:
Cash received from sale of assets	8,277	$ (7,443)
Cash received from reverse merger	176,104
Net Cash Provided By (Used In) Investing Activities	$ 184,381	$ (7,443)
CASH FLOWS FROM FINANCING ACTIVITIES:
Repayments on note payable		$ (24,104)
Proceeds from convertible notes payable	$ 50,000
Net proceeds from (repayments to) related parties	(23,000)	$ 394,646
Net Cash Provided By Financing Activities	27,000	370,542
Net Decrease in Cash	(33,453)	(528)
Cash - Beginning of Period	37,174	739
Cash - End of Period	$ 3,721	$ 211
SUPPLEMENTARY CASH FLOW INFORMATION:
Income taxes
Interest		$ 3,765
SUPPLEMENTARY DISCLOSURE OF NON-CASH INVESTING AND FINANCING ACTIVITIES:
Convertible notes converted to stock	$ 100,000
Accrued interest converted to stock	815
Reclassification for reverse merger	(280,204)
Extinguishment of MDS assets and liabilities not in APA	2,586,709
Exchange on asset purchase agreement from related party	$ 261,723

v3.3.1.900

Nature of Operations and Going Concern	9 Months Ended
	Sep. 30, 2014
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Nature of Operations and Going Concern	Note 1. Nature of Operations and Going Concern   Overview   Mojo Data Solutions, Inc. (the “Company” or “Mojo”) was founded in Nevada on July 8, 2010 as Authentic Teas, Inc. (“Authentic”). Authentic’s wholly-owned subsidiary was incorporated in the province of Ontario, Canada on July 8, 2010. On September 13, 2013, Authentic Teas, Inc., a Nevada corporation, merged with and into Mojo Data Solutions, Inc., a Puerto Rico corporation and a wholly-owned subsidiary of Authentic formed on August 21, 2013 solely for the purpose of reincorporating Authentic in Puerto Rico under the name Mojo Data Solutions, Inc (the “Reincorporation”). All references to the Company or Authentic before September 13, 2013 are to Authentic Teas, Inc.   Basis of Presentation   The interim condensed financial statements included herein have been prepared by the Company, without audit, pursuant to the rules and regulations of the Securities and Exchange Commission (the “SEC”). In the opinion of the Company’s management, all adjustments (consisting of normal recurring adjustments and reclassifications and non-recurring adjustments) necessary to present fairly our results of operations for the three and nine months ended September 30, 2014 and 2013, our cash flows for the nine months ended September 30, 2014 and 2013 and our financial position as of September 30, 2014 have been made. The results of operations for such interim periods are not necessarily indicative of the operating results to be expected for the full year.   Certain information and disclosures normally included in the notes to the annual financial statements have been condensed or omitted from these interim condensed financial statements. Accordingly, these unaudited interim condensed financial statements should be read in conjunction with the condensed financial statements and notes thereto included in our Report on Form 8-K on the acquisition of MDS and the audited financial statements of MDS for the year ended December 31, 2013 as filed with the SEC on October 31, 2014 and as amended on November 4, 2014.   Going Concern   The Company had a net loss of $665,987 and negative cash flows from operations of $244,834 for the nine months ended September 30, 2014. The Company’s ability to continue as a going concern is contingent on securing additional debt or equity financing from outside investors. These matters raise substantial doubt about the Company’s ability to continue as a going concern. Management plans to continue to implement its business plan and to fund operations by raising additional capital through the issuance of convertible debt and equity securities.   The condensed financial statements do not include any adjustments relating to the recovery of the recorded assets or the classification of the liabilities that might be necessary should the Company be unable to continue as a going concern.

v3.3.1.900

Stock and Asset Purchase Agreements	9 Months Ended
	Sep. 30, 2014
Business Combinations [Abstract]
Stock and Asset Purchase Agreements	Note 2. Stock and Asset Purchase Agreements   Stock Purchase Agreement   On August 23, 2013 (the “Closing Date”), Authentic, Hrant Isbeceryan, David Lewis Richardson and Evan Michael Hershfield, constituting all of the executive officers and members of the Board of Directors of Authentic (the “Selling Stockholders”), and RDA Equities, LLC, a Puerto Rico limited liability company (“RDA”), entered into a stock purchase agreement (the “Stock Purchase Agreement”) pursuant to which RDA purchased from the Selling Stockholders an aggregate of 2,750,000 shares, par value $0.001 per share, of restricted common stock of Authentic (the “Shares”) in consideration for $0.001 per Share (the “Purchase Price”), for an aggregate purchase price of $2,750 (the “Transaction”). Such Shares represented approximately 68.6% of the 15,151,800 outstanding shares of common stock of Authentic as of such date.   Pursuant to the terms and conditions of the Stock Purchase Agreement, on the Closing Date, (i) the Board of Directors of Authentic appointed Joseph Spiteri and Ralph M. Amato as members to the Board of Directors; (ii) Hrant Isbeceryan and David Lewis Richardson, the current executive officers of the Company, resigned from the Company; (iii) the Board of Directors appointed Joseph Spiteri as the Company’s Chief Executive Officer, President, Secretary and Treasurer, Ronald J. Everett as the Company’s Chief Financial Officer, and Nicholas P. DeVito as the Company’s Chief Operating Officer; and (iv) Hrant Isbeceryan, David Lewis Richardson and Evan Michael Hershfield resigned from the Board of Directors, effective immediately.   Also pursuant to the Stock Purchase Agreement, Authentic agreed to effectuate the following: (a) a three-for-one (3:1) forward stock split of Authentic’s outstanding common stock (the “Forward Stock Split”); (b) a business combination by merging Authentic with and into Mojo Data Solutions, Inc., a corporation formed in the Commonwealth of Puerto Rico, with Mojo being the surviving entity (the “Surviving Corporation”) and with each outstanding share of the Common Stock of the Company being automatically converted into one share of Common Stock of the Surviving Corporation (the “Merger”); and (c) the Surviving Corporation subsequently acquiring certain intellectual property assets of Mobile Data Systems, Inc., a New York corporation (the “Acquisition”). In the event the Merger and Acquisition was not consummated on or prior to the 90th day following the Closing Date, which date was extended by agreement among the parties, the Company agreed to undertake all reasonable efforts to remove the then current directors and officers of the Company in accordance with applicable corporate law and replace such individuals with Hrant Isbeceryan as President, Chief Executive Officer and director, David Lewis Richardson as Chief Financial Officer, Secretary, Treasurer and director and Evan Michael Hershfield as director, and unless otherwise consented to in writing by Hrant Isbeceryan, cease all actions in connection with the Forward Stock Split, Merger and Acquisition to the extent such actions have not yet been consummated; and retransfer the Shares back to the Selling Stockholders for the Purchase Price.   On September 13, 2013, Authentic, effectuated a three-for-one (3:1) forward stock split of its outstanding shares of common stock, par value $0.001 per share. All references to Authentic’s outstanding shares, warrants and per share information have been retroactively adjusted to give effect to the forward stock split. After the forward stock split, Authentic merged with and into Mojo Data Solutions, Inc., a Puerto Rico corporation and a wholly-owned subsidiary of Authentic formed on August 21, 2013 solely for the purpose of reincorporating Authentic in Puerto Rico under the new name Mojo Data Solutions, Inc. Pursuant to that certain Agreement and Plan of Merger, dated August 27, 2013, by and between Authentic, a Nevada corporation and Mojo Data Solutions, Inc., a Puerto Rico corporation (the “Merger Agreement” and “Mojo”), Authentic merged with and into Mojo, with Mojo being the surviving corporation (hereinafter referred to as the “Company”) and Authentic ceasing to exist. Each share of common stock of Authentic automatically, and without any further action by any of the stockholders, became a share of common stock, par value $0.001, of Mojo on a one-for-one basis. As a result of the Merger, the Certificate of Incorporation and Bylaws of Authentic became the Certificate of Incorporation and Bylaws of the Company.    Asset Purchase Agreement   On September 27, 2013, the Company entered into an Asset Purchase Agreement (the “APA”) with Mobile Data Systems, Inc., a New York corporation (“MDS”), pursuant to which the Company agreed to purchase all of the intellectual property and substantially all of the tangible assets of MDS, constituting substantially all of the assets of MDS, in consideration for $190,000 cash and an unsecured promissory note for the principal amount of $80,000 (the “Promissory Note”), bearing interest at a rate of 5% per annum, maturing on the first anniversary date of the date of issuance and convertible by the holder thereof at any time and from time to time into restricted shares of common stock of the Company at the rate of $0.05 per share (the “Transaction”). The net cash received from MOJO was $8,277 with the remaining $80,000 recorded as note receivable and $181,723 recorded as payment of debt. The total consideration of $270,000 was recorded as an equity transaction between related parties. The CEO of the Company is also the CEO of Mobile Data Systems, Inc. Upon the closing of the transaction under the APA on January 31, 2014, the business of MDS became the business of Mojo.   The combination of the stock purchase agreement and APA is accounted for under the guidance for reverse merger acquisitions. In accordance with reverse merger accounting, the December 31, 2013 balances on the balance sheet are those of MDS with the exception of common stock which has been reflected to show the shares that would have been outstanding if MDS was public as of December 31, 2013. In addition, the prior year quarterly results of operations and cash flows are those of MDS.   Upon closing of the APA, all assets of MDS were removed from the surviving company with the exception of the fixed assets which were assumed by the surviving company as part of the APA. In addition, all liabilities and retained earnings were also removed from the surviving company. The net adjustment to additional paid in capital for this was a decrease of $1,143,195 with net asset removed of $2,575,202. In addition, upon closing of the APA, all assets, liabilities, and equity instruments of Mojo were incorporated to the surviving company. The net adjustment to additional paid in capital for this was a decrease of $120,351 with net assets assumed of $(92,593). The net cash received from the reverse merger was $176,104.    See below for a table showing the full effects of the reverse merger at the time of commencement on January 31, 2014.                   Consolidation Adjustments           Surviving       MDS     Mojo     MDS     Mojo     APIC     Company   Cash and cash equivalents     11,507       187,610       (11,507 )     187,610       176,103       187,610   Accounts receivable     -       163       -       163       163       163   Accounts receivable - related party     10,000       -       (10,000 )     -       (10,000 )     -   Inventory     -       2,961       -       2,961       2,961       2,961   Prepaid expenses     -       2,045       -       2,045       2,045       2,045   Convertible note receivable     80,000               (80,000 )             (80,000 )     -   Other receivable - related party     18,000       -       (18,000 )     -       (18,000 )     -         119,507       192,779                               192,779                                                     Property and equipment, net     13,607       -       -       -       -       13,607                                                     Other assets     1,018       -       (1,018 )     -       (1,018 )     -         134,132       192,779                               206,386                                                     Cash overdraft             4,137               (4,137 )     (4,137 )     4,137   Accounts payable     562,650       56,258       562,650       (56,258 )     506,392       56,258   Accounts payable - related party     -       10,000       -       (10,000 )     (10,000 )     10,000   Accrued expenses     -       5,957       -       (5,957 )     (5,957 )     5,957   Notes payable     740,000       -       740,000       -       740,000       -   Convertible notes payable     -       100,000       -       (100,000 )     (100,000 )     100,000   Due to related parties     1,393,077       109,020       1,393,077       (109,020 )     1,284,057       109,020         2,695,727       285,372                               285,372                                                     Preferred stock     -       23,000       -       (23,000 )     (23,000 )     23,000   Common stock     10,394       15,152       -       (4,758 )     (4,758 )     15,152   Additional paid in capital     1,146,408       230,626       -       -       -       (117,138 ) Accumulated deficit     (3,718,397 )     (361,371 )     (3,718,397 )     -       (3,718,397 )     -         (2,561,595 )     (92,593 )                             (78,986 )       134,132       192,779       (1,143,195 )     (120,351 )     (1,263,545 )     206,386

v3.3.1.900

Related Party Transactions	9 Months Ended
	Sep. 30, 2014
Related Party Transactions [Abstract]
Related Party Transactions	Note 3. Related Party Transactions   On January 31, 2014, the Company consummated the Asset Purchase Agreement (the “APA”) with Mobile Data Systems, Inc., a New York corporation (“MDS”), for which the CEO of the Company is also the CEO. See Note 2 for details of the APA. As of September 30, 2014, the Company owed Mobile Data Systems, Inc. $26,185 relating to expenses incurred prior to the signing of the APA. This payable is included in accounts payable – related party on the balance sheet.   As result of the reserve merger, on January 31, 2014, $80,000 of convertible debt were carried over to the Company. The note has a conversion price of $0.05 that bears 5% interest. The stock price on January 31, 2014 was $0.23, which resulted in a beneficial conversion feature. Due to the beneficial conversion feature, a debt discount of $80,000 was recorded. The debt discount will be accreted using the effective interest method. Debt discount amortization for the three and nine months ended September 30, 2014 was $16,314 and $38,625, respectively, which is included in interest expense on the statement of operations. The unamortized debt discount as of September 30, 2014 was $41,375. Interest expense on the note for the three and nine months ended September 30, 2014 was $1,000 and $2,667, respectively.   On November 19, 2013, and December 18, 2013, the Company sold two convertible promissory notes to Prospect Financial, LLC (“Prospect Financial”), an entity which Ralph M. Amato, a principal stockholder and a former member of the Board of Directors of the Company, has voting and dispositive control, in consideration for, and for the principal amounts of, $50,000 each. Each note bore interest at the rate of 5% per annum, was to mature on the first year anniversary date of the date of issuance, and was convertible into common stock at $0.25 per share. On January 31, 2014, the combined outstanding principal balance of $100,000 and combined accrued interest of $815 on the notes were converted into 400,000 and 3,260 shares of common stock, respectively.   As of September 30, 2014 and December 31, 2013, respectively, $117,020 is due to the Company’s former President and Chief Financial Officer. The advances are unsecured, non-interest bearing and due on demand.   The Company engages a related party through common ownership by the CEO for consulting expenses. The Company made repayments for amounts owed to this company of $31,000 and borrowed $8,000 which is due on demand and does not bear any interest, resulting in net repayments of $23,000 during the nine months ended September 30, 2014. Consulting expenses incurred with this related party during the three and nine months ended September 30, 2014 was $95,869 and $257,856, respectively. The Company also leases rental space from this related party. There are no set terms for rent as rent is on a month to month basis. Rent expense for the three and nine months ended September 30, 2014 was $4,550 and $11,200, respectively. At September 30, 2014, the Company owed this related party $274,484. This payable is included in accounts payable – related party on the balance sheet.

v3.3.1.900

Convertible Note Payable	9 Months Ended
	Sep. 30, 2014
Debt Disclosure [Abstract]
Convertible Note Payable	Note 4. Convertible Note Payable   On May 16, 2014, the Company issued a $50,000 convertible note bearing interest at 5% per year with a maturity date of May 15, 2015. The note is convertible at $0.25 per share. At September 30, 2014, there was $50,000 outstanding on this note.

v3.3.1.900

Stockholders' Deficit	9 Months Ended
	Sep. 30, 2014
Equity [Abstract]
Stockholders' Deficit	Note 5. Stockholders’ Deficit   Common Stock   On January 31, 2014, the Company issued 200,000 shares of its common stock and 200,000 warrants with an exercise price of $0.50 and a life of three years for consulting services for a fair value totaling $46,000 and $45,940, respectively. The warrants have been valued using the Black-Scholes model with the following assumptions; term of 3 years, volatility of 383%, risk-free interest rate of 0.69% and dividend yield of 0%. The expected warrant term is based on the remaining contractual term. The expected volatility is based on the historical volatility of the prior companies. The risk-free interest rate is based on the U.S. Treasury yields with terms equivalent to the expected term of the related warrant at the valuation date. Dividend yield is based on historical trends.   Warrants   Warrant activity for the nine months ended September 30, 2014 consisted of:       2014       Number of Warrants     Weighted Average Exercise Price   Outstanding at January 1,     -       -   Granted     1,700,000       0.50   Expired     -       -   Exercised     -       -   Outstanding at September 30,     1,700,000       0.50     In addition to the issuance of 200,000 warrants describe above under Common Stock above, 1,500,000 warrants with an exercise price of $0.50 and a life of five years were issued in the current quarter prior to the reverse merger; therefore, all accounting for these warrants was done in the line titled Reclassification for Reverse Merger on the Condensed Statement of Changes in Stockholders’ Deficit.   As of September 30, 2014, the total intrinsic value of warrants outstanding and exercisable was $0.   As of September 30, 2014, the Company has $0 in stock-based compensation related to warrants that is yet to be vested. The weighted average remaining life of the warrants is 4.15 years.

v3.3.1.900

Nature of Operations and Going Concern (Policies)	9 Months Ended
	Sep. 30, 2014
Accounting Policies [Abstract]
Basis of Presentation	Basis of Presentation   The interim condensed financial statements included herein have been prepared by the Company, without audit, pursuant to the rules and regulations of the Securities and Exchange Commission (the “SEC”). In the opinion of the Company’s management, all adjustments (consisting of normal recurring adjustments and reclassifications and non-recurring adjustments) necessary to present fairly our results of operations for the three and nine months ended September 30, 2014 and 2013, our cash flows for the nine months ended September 30, 2014 and 2013 and our financial position as of September 30, 2014 have been made. The results of operations for such interim periods are not necessarily indicative of the operating results to be expected for the full year.   Certain information and disclosures normally included in the notes to the annual financial statements have been condensed or omitted from these interim condensed financial statements. Accordingly, these unaudited interim condensed financial statements should be read in conjunction with the condensed financial statements and notes thereto included in our Report on Form 8-K on the acquisition of MDS and the audited financial statements of MDS for the year ended December 31, 2013 as filed with the SEC on October 31, 2014 and as amended on November 4, 2014.
Going Concern	Going Concern   The Company had a net loss of $665,987 and negative cash flows from operations of $244,834 for the nine months ended September 30, 2014. The Company’s ability to continue as a going concern is contingent on securing additional debt or equity financing from outside investors. These matters raise substantial doubt about the Company’s ability to continue as a going concern. Management plans to continue to implement its business plan and to fund operations by raising additional capital through the issuance of convertible debt and equity securities.   The condensed financial statements do not include any adjustments relating to the recovery of the recorded assets or the classification of the liabilities that might be necessary should the Company be unable to continue as a going concern.

v3.3.1.900

Stock and Asset Purchase Agreements (Tables)	9 Months Ended
	Sep. 30, 2014
Business Combinations [Abstract]
Schedule of Reverse Merger	See below for a table showing the full effects of the reverse merger at the time of commencement on January 31, 2014.                   Consolidation Adjustments           Surviving       MDS     Mojo     MDS     Mojo     APIC     Company   Cash and cash equivalents     11,507       187,610       (11,507 )     187,610       176,103       187,610   Accounts receivable     -       163       -       163       163       163   Accounts receivable - related party     10,000       -       (10,000 )     -       (10,000 )     -   Inventory     -       2,961       -       2,961       2,961       2,961   Prepaid expenses     -       2,045       -       2,045       2,045       2,045   Convertible note receivable     80,000               (80,000 )             (80,000 )     -   Other receivable - related party     18,000       -       (18,000 )     -       (18,000 )     -         119,507       192,779                               192,779                                                     Property and equipment, net     13,607       -       -       -       -       13,607                                                     Other assets     1,018       -       (1,018 )     -       (1,018 )     -         134,132       192,779                               206,386                                                     Cash overdraft             4,137               (4,137 )     (4,137 )     4,137   Accounts payable     562,650       56,258       562,650       (56,258 )     506,392       56,258   Accounts payable - related party     -       10,000       -       (10,000 )     (10,000 )     10,000   Accrued expenses     -       5,957       -       (5,957 )     (5,957 )     5,957   Notes payable     740,000       -       740,000       -       740,000       -   Convertible notes payable     -       100,000       -       (100,000 )     (100,000 )     100,000   Due to related parties     1,393,077       109,020       1,393,077       (109,020 )     1,284,057       109,020         2,695,727       285,372                               285,372                                                     Preferred stock     -       23,000       -       (23,000 )     (23,000 )     23,000   Common stock     10,394       15,152       -       (4,758 )     (4,758 )     15,152   Additional paid in capital     1,146,408       230,626       -       -       -       (117,138 ) Accumulated deficit     (3,718,397 )     (361,371 )     (3,718,397 )     -       (3,718,397 )     -         (2,561,595 )     (92,593 )                             (78,986 )       134,132       192,779       (1,143,195 )     (120,351 )     (1,263,545 )     206,386

v3.3.1.900

Stockholders' Deficit (Tables)	9 Months Ended
	Sep. 30, 2014
Equity [Abstract]
Schedule of Warrant Activity	Warrant activity for the nine months ended September 30, 2014 consisted of:       2014       Number of Warrants     Weighted Average Exercise Price   Outstanding at January 1,     -       -   Granted     1,700,000       0.50   Expired     -       -   Exercised     -       -   Outstanding at September 30,     1,700,000       0.50

v3.3.1.900

Nature of Operations and Going Concern (Details Narrative) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Net loss	$ 134,826	$ 165,842	$ 665,987	$ 466,959
Net cash used in operating activities			$ 244,834	$ 363,627

v3.3.1.900

Stock and Asset Purchase Agreements (Details Narrative) - USD ($)					9 Months Ended
	Sep. 27, 2013	Sep. 13, 2013	Aug. 27, 2013	Aug. 23, 2013	Sep. 30, 2014	Sep. 30, 2013	May. 16, 2014	Jan. 31, 2014	Dec. 31, 2013
Common stock outstanding					15,755,060				10,394,135
Common stock, par value					$ 0.001				$ 0.001
Unsecured promissory note bearing interest rate							5.00%	5.00%
Repayment of debt					$ 23,000
Additional paid in capital decrease					1,143,195
Net asset value					2,575,202
Net adjustment to additional paid in capital decrease					120,351
Assets assumed					(92,593)
Cash received from reverse merger					$ 176,104
Mobile Data Systems, Inc.[Member]
Number of stock acquire during period, value	$ 190,000
Unsecured promissory note	$ 80,000
Unsecured promissory note bearing interest rate	5.00%
Cash received from related parties	$ 8,277
Note receivable	80,000
Repayment of debt	181,723
Equity transaction between related parties	$ 270,000
Mobile Data Systems, Inc.[Member] | Restricted Stock [Member]
Business acquisition price per share	$ 0.05
Authentic [Member]
Percentage of common stock outstanding				68.60%
Common stock outstanding				15,151,800
Forward stock split		three-for-one (3:1) forward stock split	one-for-one basis
Common stock, par value		$ 0.001	$ 0.001
Stock Purchase Agreement [Member]
Number of stock acquire during period				2,750,000
Number of stock acquire during period, value				$ 2,750
Business acquisition price per share				$ 0.001

v3.3.1.900

Stock and Asset Purchase Agreements - Schedule of Reverse Merger (Details) - USD ($)	Sep. 30, 2014	Jan. 31, 2014	Dec. 31, 2013	Sep. 30, 2013	Dec. 31, 2012
Cash and cash equivalents	$ 3,721		$ 37,174	$ 211	$ 739
Accounts receivable	$ 162
Accounts receivable - related party			$ 10,000
Inventory	$ 2,961
Prepaid expenses	$ 2,445
Other receivable - related party			$ 18,000
Total current assets	$ 9,289		65,174
Property and equipment, net	$ 11,567		13,607
Other assets			1,018
Total assets	$ 20,856		$ 79,799
Cash overdraft	4,137
Accounts payable - related party	$ 300,670
Notes payable			$ 774,089
Convertible notes payable	$ 50,000
Due to related parties	117,020		$ 1,424,077
Total current liabilities	571,034		2,761,720
Common stock	15,755		10,394
Additional paid in capital	75,014		876,408
Accumulated deficit	(663,947)		(3,716,357)
Total stockholders' deficit	(550,178)		(2,829,555)
Total Liabilities and Stockholders' Deficit	20,856		79,799
APIC [Member]
Total stockholders' deficit	$ 75,014		$ 876,408
Reverse Merger [Member] | APIC [Member]
Cash and cash equivalents		$ 176,103
Accounts receivable		163
Accounts receivable - related party		(10,000)
Inventory		2,961
Prepaid expenses		2,045
Convertible note receivable		(80,000)
Other receivable - related party		$ (18,000)
Property and equipment, net
Other assets		$ (1,018)
Cash overdraft		(4,137)
Accounts payable		506,392
Accounts payable - related party		(10,000)
Accrued expenses		(5,957)
Notes payable		740,000
Convertible notes payable		(100,000)
Due to related parties		1,284,057
Preferred stock		(23,000)
Common stock		$ (4,758)
Additional paid in capital
Accumulated deficit		$ (3,718,397)
Total Liabilities and Stockholders' Deficit		(1,263,545)
Reverse Merger [Member] | Consolidation Adjustments of MDS [Member]
Cash and cash equivalents		$ (11,507)
Accounts receivable
Accounts receivable - related party		$ (10,000)
Inventory
Prepaid expenses
Convertible note receivable		$ (80,000)
Other receivable - related party		$ (18,000)
Property and equipment, net
Other assets		$ (1,018)
Accounts payable		$ 562,650
Accounts payable - related party
Accrued expenses
Notes payable		$ 740,000
Convertible notes payable
Due to related parties		$ 1,393,077
Preferred stock
Common stock
Additional paid in capital
Accumulated deficit		$ (3,718,397)
Total Liabilities and Stockholders' Deficit		(1,143,195)
Reverse Merger [Member] | Consolidation Adjustments of Mojo [Member]
Cash and cash equivalents		187,610
Accounts receivable		$ 163
Accounts receivable - related party
Inventory		$ 2,961
Prepaid expenses		$ 2,045
Other receivable - related party
Property and equipment, net
Other assets
Cash overdraft		$ (4,137)
Accounts payable		(56,258)
Accounts payable - related party		(10,000)
Accrued expenses		$ (5,957)
Notes payable
Convertible notes payable		$ (100,000)
Due to related parties		(109,020)
Preferred stock		(23,000)
Common stock		$ (4,758)
Additional paid in capital
Accumulated deficit
Total Liabilities and Stockholders' Deficit		$ (120,351)
Reverse Merger [Member] | MDS [Member]
Cash and cash equivalents		$ 11,507
Accounts receivable
Accounts receivable - related party		$ 10,000
Inventory
Prepaid expenses
Convertible note receivable		$ 80,000
Other receivable - related party		18,000
Total current assets		119,507
Property and equipment, net		13,607
Other assets		1,018
Total assets		134,132
Accounts payable		$ 562,650
Accounts payable - related party
Accrued expenses
Notes payable		$ 740,000
Convertible notes payable
Due to related parties		$ 1,393,077
Total current liabilities		$ 2,695,727
Preferred stock
Common stock		$ 10,394
Additional paid in capital		1,146,408
Accumulated deficit		(3,718,397)
Total stockholders' deficit		(2,561,595)
Total Liabilities and Stockholders' Deficit		134,132
Reverse Merger [Member] | Mojo [Member]
Cash and cash equivalents		187,610
Accounts receivable		$ 163
Accounts receivable - related party
Inventory		$ 2,961
Prepaid expenses		$ 2,045
Other receivable - related party
Total current assets		$ 192,779
Property and equipment, net
Other assets
Total assets		$ 192,779
Cash overdraft		4,137
Accounts payable		56,258
Accounts payable - related party		10,000
Accrued expenses		$ 5,957
Notes payable
Convertible notes payable		$ 100,000
Due to related parties		109,020
Total current liabilities		285,372
Preferred stock		23,000
Common stock		15,152
Additional paid in capital		230,626
Accumulated deficit		(361,371)
Total stockholders' deficit		(92,593)
Total Liabilities and Stockholders' Deficit		192,779
Reverse Merger [Member] | Surviving Company [Member]
Cash and cash equivalents		187,610
Accounts receivable		$ 163
Accounts receivable - related party
Inventory		$ 2,961
Prepaid expenses		$ 2,045
Convertible note receivable
Other receivable - related party
Total current assets		$ 192,779
Property and equipment, net		$ 13,607
Other assets
Total assets		$ 206,386
Cash overdraft		4,137
Accounts payable		56,258
Accounts payable - related party		10,000
Accrued expenses		$ 5,957
Notes payable
Convertible notes payable		$ 100,000
Due to related parties		109,020
Total current liabilities		285,372
Preferred stock		23,000
Common stock		15,152
Additional paid in capital		$ (117,138)
Accumulated deficit
Total stockholders' deficit		$ (78,986)
Total Liabilities and Stockholders' Deficit		$ 206,386

v3.3.1.900

Related Party Transactions (Details Narrative) - USD ($)		3 Months Ended	9 Months Ended
	Jan. 31, 2014	Sep. 30, 2014	Sep. 30, 2014	Sep. 30, 2013	May. 16, 2014	Dec. 31, 2013	Dec. 18, 2013	Nov. 19, 2013
Convertible debt	$ 80,000
Debt conversion price per share	$ 0.05				$ 0.25
Debt instruments interest rate	5.00%				5.00%
Stock price	$ 0.23
Due to beneficial conversion feature debt discount	$ 80,000
Debt discount amortization		$ 16,314	$ 38,625
Unamortized debt discount		41,375	41,375
Interest expense		1,000	2,667
Notes payable	100,000	31,000	31,000
Accrued interest	$ 815
Repayments of debt			23,000
Notes payable short term		8,000	8,000
Consulting expenses		95,869	257,856
Rent expense		4,550	11,200
Due to related parties		274,484	274,484
Former President And Chief Financial Officer [Member]
Due to officer		$ 117,020	117,020			$ 117,020
Convertible Promissory Notes One [Member]
Debt conversion price per share								$ 0.25
Debt instruments interest rate								5.00%
Principal amounts								$ 50,000
Debt converted into shares	400,000
Convertible Promissory Notes Two [Member]
Debt conversion price per share							$ 0.25
Debt instruments interest rate							5.00%
Principal amounts							$ 50,000
Debt converted into shares	3,260
Asset Purchase Agreement [Member]
Asset purchase agreement relating to expenses			$ 26,185

v3.3.1.900

Convertible Note Payable (Details Narrative) - USD ($)	May. 16, 2014	Sep. 30, 2014	Jan. 31, 2014	Dec. 31, 2013
Debt Disclosure [Abstract]
Convertible note payable	$ 50,000
Percentage of bearing interest per year	5.00%		5.00%
Debt matuiry date	May 15, 2015
Convertible note per share	$ 0.25		$ 0.05
Outstanding note		$ 50,000

v3.3.1.900

Stockholders' Deficit (Details Narrative) - USD ($)		9 Months Ended
	Jan. 31, 2014	Sep. 30, 2014	Sep. 30, 2013
Common stock issued for consulting services	200,000
Common stock issued for consulting services, value	$ 46,000	$ (46,000)	$ (1,000)
Fair value of warrants	$ 45,940
Intrinsic value of warrants outstanding and exercisable		$ 0
Weighted average remaining life of warrants		4 years 1 month 24 days
Warrant [Member]
Warrants issued for consulting services	200,000
Warrant exercise price	$ .50	$ 0.50
Warrants term	3 years	5 years
Warrants volatility	383.00%
Warrants risk-free interest rate	0.69%
Warrants dividend yield	0.00%
Issuance of additional warrants to purchase of common stock		200,000
Issuance of warrants to reverse merger		1,500,000
Stock-based compensation		$ 0

v3.3.1.900

Stockholders' Deficit - Schedule of Warrant Activity (Details) - Warrant [Member]	9 Months Ended
	Sep. 30, 2014 $ / shares shares
Number of Warrants, Outstanding, Beginning balance | shares
Number of Warrants, Granted | shares	1,700,000
Number of Warrants, Expired | shares
Number of Warrants, Exercised | shares
Number of Warrants, Outstanding, Ending balance | shares	1,700,000
Weighted Average Exercise Price, Outstanding, Beginning balance | $ / shares
Weighted Average Exercise Price, Granted | $ / shares	$ 0.50
Weighted Average Exercise Price, Expired | $ / shares
Weighted Average Exercise Price, Exercised | $ / shares
Weighted Average Exercise Price, Outstanding, Ending balance | $ / shares	$ 0.50