Subsequent Event	12 Months Ended
Dec. 31, 2015
Subsequent Event
Subsequent Event	NOTE 12 – SUBSEQUENT EVENTS On January 4, 2016, the Company entered into a consulting agreement for a term of six months (the "Initial Term"), which would automatically extend for a subsequent six-months term (the "Renewal Term") unless terminated with written notice. In consideration for future services, the Company issued a $90,000 convertible note for the Initial Term and will issue additional $90,000 convertible notes for any future Renewal Terms. The note is unsecured, bears interest at 6% per annum, and due on April 4, 2016. The note is convertible into shares of common stock during the period from 90 days after the date of issuance (April 2, 2016) to three years from the date of issuance (January 4, 2019), at a conversion rate of 60% of the average of the three lowest intraday trading prices of the Company’s common stock for the twenty trading days ending one trading day prior to the date the conversion notice is sent by the holder to the Company. On February 29, 2016, the Company closed an Asset Purchase Agreement dated July 14, 2015 and amended December 2, 2015 (the “Agreement”) with Co-Owners Inc. ("Co-Owners"), a Florida corporation, and the shareholders of Co-Owners. Pursuant to the Agreement, the Company agreed to purchase certain assets and assume certain liabilities of Co-Owners and transfer these assets and liabilities to a newly incorporated company, named Co-Owners Rewards Inc. (“Subco”). In consideration, Subco will issue 2,200,000 shares of common stock to the Company and 2,330,000 shares of common stock to certain shareholders of Co-Owners. Subsequent to December 31, 2015, the Company received $33,000 from the original shareholders of the Company prior to the acquisition of Xalles. The proceeds received were pursuant to the agreement as described in Note 3.

Subsequent Event

12 Months Ended

Dec. 31, 2015

NOTE 12 – SUBSEQUENT EVENTS

On January 4, 2016, the Company entered into a consulting agreement for a term of six months (the "Initial Term"), which would automatically extend for a subsequent six-months term (the "Renewal Term") unless terminated with written notice. In consideration for future services, the Company issued a $90,000 convertible note for the Initial Term and will issue additional $90,000 convertible notes for any future Renewal Terms. The note is unsecured, bears interest at 6% per annum, and due on April 4, 2016. The note is convertible into shares of common stock during the period from 90 days after the date of issuance (April 2, 2016) to three years from the date of issuance (January 4, 2019), at a conversion rate of 60% of the average of the three lowest intraday trading prices of the Company’s common stock for the twenty trading days ending one trading day prior to the date the conversion notice is sent by the holder to the Company.

On February 29, 2016, the Company closed an Asset Purchase Agreement dated July 14, 2015 and amended December 2, 2015 (the “Agreement”) with Co-Owners Inc. ("Co-Owners"), a Florida corporation, and the shareholders of Co-Owners. Pursuant to the Agreement, the Company agreed to purchase certain assets and assume certain liabilities of Co-Owners and transfer these assets and liabilities to a newly incorporated company, named Co-Owners Rewards Inc. (“Subco”). In consideration, Subco will issue 2,200,000 shares of common stock to the Company and 2,330,000 shares of common stock to certain shareholders of Co-Owners.

Subsequent to December 31, 2015, the Company received $33,000 from the original shareholders of the Company prior to the acquisition of Xalles. The proceeds received were pursuant to the agreement as described in Note 3.

Xalles Holdings Inc. 10-K