v2.4.1.9

Statements of Operations (USD $)	3 Months Ended	9 Months Ended
Statements of Operations (USD $)	Nov. 30, 2014	Nov. 30, 2014
Income Statement [Abstract]
Revenue
Operating expenses:
Depreciation expense	44us-gaap_Depreciation	118us-gaap_Depreciation
Research and development expense		615us-gaap_ResearchAndDevelopmentExpense
Professional fees	13,731us-gaap_ProfessionalFees	50,936us-gaap_ProfessionalFees
Administrative fees	14,594us-gaap_AdministrativeFeesExpense	14,789us-gaap_AdministrativeFeesExpense
Total operating expenses	28,369us-gaap_OperatingExpenses	66,458us-gaap_OperatingExpenses
Net loss from operations	(28,369)us-gaap_OperatingIncomeLoss	(66,458)us-gaap_OperatingIncomeLoss
Other loss from operations
Interest expense	(100)us-gaap_InterestExpense	(100)us-gaap_InterestExpense
Net income (loss)	$ (28,649)us-gaap_NetIncomeLoss	$ (66,558)us-gaap_NetIncomeLoss
Basic and diluted loss per share	$ 0.00	$ 0.00
Weighted average shares outstanding	18,000,000	17,120,000

Amount of expense for administrative services provided to the limited liability company (LLC) or limited partnership (LP) by the managing member or general partner, affiliate of managing member or general partner, or affiliate of LLC or LP, for example, but not limited to, salaries, rent, or overhead costs.

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The amount of expense recognized in the current period that reflects the allocation of the cost of tangible assets over the assets' useful lives. Includes production and non-production related depreciation.

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The amount of net income (loss) from continuing operations per each basic and diluted share of common stock or unit when the per share amount is the same for both basic and diluted shares.

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Amount of the cost of borrowed funds accounted for as interest expense.

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The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.

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Generally recurring costs associated with normal operations except for the portion of these expenses which can be clearly related to production and included in cost of sales or services. Includes selling, general and administrative expense.

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The net result for the period of deducting operating expenses from operating revenues.

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- Definition

A fee charged for services from professionals such as doctors, lawyers and accountants. The term is often expanded to include other professions, for example, pharmacists charging to maintain a medicinal profile of a client or customer.

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The aggregate costs incurred (1) in a planned search or critical investigation aimed at discovery of new knowledge with the hope that such knowledge will be useful in developing a new product or service, a new process or technique, or in bringing about a significant improvement to an existing product or process; or (2) to translate research findings or other knowledge into a plan or design for a new product or process or for a significant improvement to an existing product or process whether intended for sale or the entity's use, during the reporting period charged to research and development projects, including the costs of developing computer software up to the point in time of achieving technological feasibility, and costs allocated in accounting for a business combination to in-process projects deemed to have no alternative future use.

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Amount of revenue recognized from goods sold, services rendered, insurance premiums, or other activities that constitute an earning process. Includes, but is not limited to, investment and interest income before deduction of interest expense when recognized as a component of revenue, and sales and trading gain (loss).

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The average number of shares or units issued and outstanding that are used in calculating diluted EPS or earnings per unit (EPU), determined based on the timing of issuance of shares or units in the period.

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Clearwater Ventures, Inc. 10-Q