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Nature of Operations
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12 Months Ended |
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Sep. 30, 2012
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| Organization, Consolidation and Presentation of Financial Statements [Abstract] | |
| Note 1 - Nature of Operations | First American Group Inc. (“the Company”) was incorporated in the state of Nevada on March 11, 2010 under the name Radikal Phones Inc. We changed our name to First American Group Inc. on October 7, 2010. The Company plans to engage in the development, sales and marketing of voice-over-Internet-protocol (“VOIP”) telephone services to enable end-users to place free phones calls over the internet in return for viewing and listening to advertising. We also plan to license or sell our proprietary software to companies looking for similar business opportunities. The company has limited operations and is conserved to be in the development stage.
The company has limited operations and is considered to be in the development stage under ASC 915-15.
As shown in the accompanying financial statements, we have incurred net losses since. In addition, we have an accumulated deficit of $56,958 as of September 31, 2012. These conditions raise substantial doubt as to our ability to continue as a going concern. In response to these conditions, we may raise additional capital through the sale of equity securities, through an offering of debt securities or through borrowings from financial institutions or individuals. The financial statements do not include any adjustments that might be necessary if we are unable to continue as a going concern
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