Quarterly report pursuant to Section 13 or 15(d)

Significant Accounting Policies (Policies)

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Significant Accounting Policies (Policies)
3 Months Ended
Jun. 30, 2014
Significant Accounting Policies [Abstract]  
Reclassifications
(a) Reclassifications

 

Certain figures have been reclassified for comparative purposes to conform to the presentation adopted in the current period.

Recent Accounting Pronouncements
(b) Recent Accounting Pronouncements

 

The Company has limited operations and is considered to be in the development stage. In the period ended June 30, 2014, the Company has elected to early adopt Accounting Standards Update No. 2014-10, Development Stage Entities (Topic 915): Elimination of Certain Financial Reporting Requirements. The adoption of this ASU allows the Company to remove the inception to date information and all references to development stage.

 

The Company has implemented all new accounting pronouncements that are in effect and that may impact its consolidated financial statements and does not believe that there are any other new accounting pronouncements that have been issued that might have a material impact on its financial position or results of operations.