Note 1 - Organization and Summary of Significant Accounting Policies	9 Months Ended
Nov. 30, 2016
Notes to Financial Statements
Organization, Consolidation and Presentation of Financial Statements Disclosure and Significant Accounting Policies [Text Block]	Not e 1 - Organization and Summary of Significant Accounting Policies Property Management Corporation of America (the “Company”) was incorporated on January 23, 2014 under the laws of the State of Delaware. The Company offers management and consulting services to residential and commercial real estate property owners who rent or lease their property to third party tenants. Basis of Presentation of Unaudited Condensed Financial Information The unaudited condensed financial statements of the Company for the nine months ended November 30, 2016 and 2015 have been prepared in accordance with accounting principles generally accepted in the United States of America for interim financial information and pursuant to the requirements for reporting on Form 10 - Q and Regulation S - K. Accordingly, they do not include all the information and footnotes required by accounting principles generally accepted in the United States of America for complete financial statements. However, such information reflects all adjustments (consisting solely of normal recurring adjustments), which are, in the opinion of management, necessary for the fair presentation of the financial position and the results of operations. Results shown for interim periods are not necessarily indicative of the results to be obtained for a full fiscal year. The balance sheet information as of February 29, 2016 was derived from the audited financial statements included in the Company's financial statements as of and for the year ended February 29, 2016 included in the Company’s Annual Report on Form 10 - K filed with the Securities and Exchange Commission (the “SEC”) on May 31, 2016. These financial statements should be read in conjunction with that report. Going Concern The accompanying financial statements have been prepared on a going concern basis, which contemplates the realization of assets and the settlement of liabilities and commitments in the normal course of business. As reflected in the accompanying financial statements, during the nine months ended November 30, 2016, the Company incurred a net loss of $11,048, used cash in operations of $2,037, and at November 30, 2016, had a stockholders' deficit of $48,704. These factors, among others, raise substantial doubt about the Company's ability to continue as a going concern. The financial statements do not include any adjustments that might be necessary if the Company is unable to continue as a going concern. From January 23, 2014 (inception) through November 30, 2016, we relied on funds loaned to us by Washington Capital Advisors LLC, a company controlled by our Chairman. At November 30, 2016, the outstanding loan and accrued interest amounts due Washington Capital Advisors were $27,500 and $955, respectively. We will need to raise additional capital to carry out our business plan. We believe that our additional capital needs will be approximately $150,000 over the next 18 months to fully carry out our business plan. We expect to raise these additional funds through the issuance of debt obligations and private placements of our Common Stock; however, there can be no assurance that we will be able to raise additional capital or if we are able to raise additional capital that the terms will be acceptable to us. Currently our only definitive financing source is Washington Capital Advisors LLC, which has agreed to loan us up to $50,000 less any currently outstanding loan and accrued interest amounts. The Company is attempting to generate sufficient revenue; however, the Company’s cash position may not be sufficient to support its daily operations. While the Company believes in the viability of its strategy to commence operations and generate sufficient revenue and in its ability to raise additional funds, there can be no assurances to that effect. The ability of the Company to continue as a going concern is dependent upon its ability to further implement its business plan and generate sufficient revenue and in its ability to raise additional funds. Use of Estimates The preparation of the financial statements in conformity with accounting principles generally accepted in the United States requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, and disclosure of contingent liabilities at the date of the financial statements and the reported amounts of expenses during the reporting period. Significant estimates include accounting for potential liabilities. Actual results could differ from those estimates. Basic and diluted loss per share Basic loss per share is computed by dividing net loss applicable to common stockholders by the weighted average number of outstanding common shares during the period. Diluted loss per share is computed by dividing the net loss applicable to common stockholders by the weighted average number of common shares outstanding plus the number of additional common shares that would have been outstanding if all dilutive potential common shares had been issued. For the three and nine months ended November 30, 2016 the basic and diluted shares outstanding were the same, as there were no potentially dilutive shares outstanding. Fair Value of Financial Instruments Under current accounting guidance, fair value is defined as the price at which an asset could be exchanged or a liability transferred in a transaction between knowledgeable, willing parties in the principal or most advantageous market for the asset or liability. Where available, fair value is based on observable market prices or parameters or derived from such prices or parameters. Where observable prices or parameters are not available, valuation models are applied. A fair value hierarchy prioritizes the inputs used in measuring fair value into three broad levels as follows: Level 1 – Quoted prices in active markets for identical assets or liabilities. Level 2 – Inputs, other than the quoted prices in active markets, are observable either directly or indirectly. Level 3 – Unobservable inputs based on the Company's assumptions. The Company is required to use observable market data if such data is available without undue cost and effort. As of November 30, 2016, the amounts reported for cash, accounts payable and accrued liabilities, and notes payable approximated fair value because of their short - term maturities. Concentrations of Risk For the nine months ended November 30, 2016 and November 30, 2015, we derived approximately 100 % of revenue from contracts with two customers. Recently Issued Accounting Pronouncements In May 2014, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) No. 2014 - 09, Revenue from Contracts with Customers. ASU 2014 - 09 is a comprehensive revenue recognition standard that will supersede nearly all existing revenue recognition guidance under current U.S. GAAP and replace it with a principle based approach for determining revenue recognition. ASU 2014 - 09 will require that companies recognize revenue based on the value of transferred goods or services as they occur in the contract. The ASU also will require additional disclosure about the nature, amount, timing and uncertainty of revenue and cash flows arising from customer contracts, including significant judgments and changes in judgments and assets recognized from costs incurred to obtain or fulfill a contract. ASU 2014 - 09 is effective for interim and annual periods beginning after December 15, 2017. Early adoption is permitted only in annual reporting periods beginning after December 15, 2016, including interim periods therein. Entities will be able to transition to the standard either retrospectively or as a cumulative - effect adjustment as of the date of adoption. The Company is in the process of evaluating the impact of ASU 2014 - 09 on the Company’s financial statements and disclosures. In February 2016, the FASB issued Accounting Standards Update (ASU) No. 2016 - 02, Leases. ASU 2016 - 02 requires a lessee to record a right of use asset and a corresponding lease liability on the balance sheet for all leases with terms longer than 12 months. ASU 2016 - 02 is effective for all interim and annual reporting periods beginning after December 15, 2018. Early adoption is permitted. A modified retrospective transition approach is required for lessees for capital and operating leases existing at, or entered into after, the beginning of the earliest comparative period presented in the financial statements, with certain practical expedients available. The Company is currently evaluating the expected impact that the standard could have on its financial statements and related disclosures. Other recent accounting pronouncements issued by the FASB, including its Emerging Issues Task Force, the American Institute of Certified Public Accountants, and the Securities and Exchange Commission did not or are not believed by management to have a material impact on the Company's present or future consolidated financial statements.

Not

- Organization and Summary of Significant Accounting Policies

Property Management Corporation of America (the “Company”) was incorporated on

January

23,

2014

under the laws of the State of Delaware. The Company offers management and consulting services to residential and commercial real estate property owners who rent or lease their property to

third

party

tenants.

Basis of Presentation of Unaudited Condensed Financial Information

The unaudited condensed financial statements of the Company for the

nine

months ended

November

30,

2016

and

2015

have been prepared in accordance with accounting principles generally accepted in the United States of America for interim financial information and pursuant to the requirements for reporting on Form

- Q and Regulation S - K. Accordingly, they do not include all the information and footnotes required by accounting principles generally accepted in the United States of America for complete financial statements. However, such information reflects all adjustments (consisting solely of normal recurring adjustments), which are, in the opinion of management, necessary for the fair presentation of the financial position and the results of operations. Results shown for interim periods are not necessarily indicative of the results to be obtained for a full fiscal year. The balance sheet information as of

February

29,

2016

was derived from the audited financial statements included in the Company's financial statements as of and for the year ended

February

29,

2016

included in the Company’s Annual Report on Form

- K filed with the Securities and Exchange Commission (the “SEC”) on

May

31,

2016.

These financial statements should be read in conjunction with that report.

Going Concern

The accompanying financial statements have been prepared on a going concern basis, which contemplates the realization of assets and the settlement of liabilities and commitments in the normal course of business. As reflected in the accompanying financial statements, during the

nine

months ended

November

30,

2016,

the Company incurred a net loss of

$11,048,

used cash in operations of

$2,037,

and at

November

30,

2016,

had a stockholders' deficit of

$48,704.

These factors, among others, raise substantial doubt about the Company's ability to continue as a going concern. The financial statements do not include any adjustments that might be necessary if the Company is unable to continue as a going concern.

From

January

23,

2014

(inception) through

November

30,

2016,

we relied on funds loaned to us by Washington Capital Advisors LLC, a company controlled by our Chairman. At

November

30,

2016,

the outstanding loan and accrued interest amounts due Washington Capital Advisors were

$27,500

and

$955,

respectively.

We will need to raise additional capital to carry out our business plan. We believe that our additional capital needs will be approximately

$150,000

over the next

months to fully carry out our business plan. We expect to raise these additional funds through the issuance of debt obligations and private placements of our Common Stock; however, there can be no assurance that we will be able to raise additional capital or if we are able to raise additional capital that the terms will be acceptable to us. Currently our only definitive financing source is Washington Capital Advisors LLC, which has agreed to loan us up to

$50,000

less any currently outstanding loan and accrued interest amounts.

The Company is attempting to generate sufficient revenue; however, the Company’s cash position

may

not be sufficient to support its daily operations. While the Company believes in the viability of its strategy to commence operations and generate sufficient revenue and in its ability to raise additional funds, there can be no assurances to that effect. The ability of the Company to continue as a going concern is dependent upon its ability to further implement its business plan and generate sufficient revenue and in its ability to raise additional funds.

Use of Estimates

The preparation of the financial statements in conformity with accounting principles generally accepted in the United States requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, and disclosure of contingent liabilities at the date of the financial statements and the reported amounts of expenses during the reporting period. Significant estimates include accounting for potential liabilities. Actual results could differ from those estimates.

Basic and diluted loss per share

Basic loss per share is computed by dividing net loss applicable to common stockholders by the weighted average number of outstanding common shares during the period. Diluted loss per share is computed by dividing the net loss applicable to common stockholders by the weighted average number of common shares outstanding plus the number of additional common shares that would have been outstanding if all dilutive potential common shares had been issued. For the

three

and

nine

months ended

November

30,

2016

the basic and diluted shares outstanding were the same, as there were no potentially dilutive shares outstanding.

Fair Value of Financial Instruments

Under current accounting guidance, fair value is defined as the price at which an asset could be exchanged or a liability transferred in a transaction between knowledgeable, willing parties in the principal or most advantageous market for the asset or liability. Where available, fair value is based on observable market prices or parameters or derived from such prices or parameters. Where observable prices or parameters are not available, valuation models are applied. A fair value hierarchy prioritizes the inputs used in measuring fair value into

three

broad levels as follows:

Level

– Quoted prices in active markets for identical assets or liabilities.

Level

– Inputs, other than the quoted prices in active markets, are observable either directly or indirectly.

Level

– Unobservable inputs based on the Company's assumptions.

The Company is required to use observable market data if such data is available without undue cost and effort. As of

November

30,

2016,

the amounts reported for cash, accounts payable and accrued liabilities, and notes payable approximated fair value because of their short - term maturities.

Concentrations of Risk

For the

nine

months ended

November

30,

2016

and

November

30,

2015,

we derived approximately

100

of revenue from contracts with

two

customers.

Recently Issued Accounting Pronouncements

May

2014,

the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) No.

2014

09,

Revenue from Contracts with Customers. ASU

2014

is a comprehensive revenue recognition standard that will supersede nearly all existing revenue recognition guidance under current U.S. GAAP and replace it with a principle based approach for determining revenue recognition. ASU

2014

will require that companies recognize revenue based on the value of transferred goods or services as they occur in the contract. The ASU also will require additional disclosure about the nature, amount, timing and uncertainty of revenue and cash flows arising from customer contracts, including significant judgments and changes in judgments and assets recognized from costs incurred to obtain or fulfill a contract. ASU

2014

is effective for interim and annual periods beginning after

December

15,

2017.

Early adoption is permitted only in annual reporting periods beginning after

December

15,

2016,

including interim periods therein. Entities will be able to transition to the standard either retrospectively or as a cumulative - effect adjustment as of the date of adoption. The Company is in the process of evaluating the impact of ASU

2014

on the Company’s financial statements and disclosures.

February

2016,

the FASB issued Accounting Standards Update (ASU) No.

2016

02,

Leases. ASU

2016

requires a lessee to record a right of use asset and a corresponding lease liability on the balance sheet for all leases with terms longer than

months. ASU

2016

is effective for all interim and annual reporting periods beginning after

December

15,

2018.

Early adoption is permitted. A modified retrospective transition approach is required for lessees for capital and operating leases existing at, or entered into after, the beginning of the earliest comparative period presented in the financial statements, with certain practical expedients available. The Company is currently evaluating the expected impact that the standard could have on its financial statements and related disclosures.

Other recent accounting pronouncements issued by the FASB, including its Emerging Issues Task Force, the American Institute of Certified Public Accountants, and the Securities and Exchange Commission did not or are not believed by management to have a material impact on the Company's present or future consolidated financial statements.