$AWCA
Awaysis Capital, Inc.

2013 Q2 Form 10-Q Financial Statement

#000107258813000058 Filed on May 20, 2013

View on sec.gov

Income Statement

Concept 2013 Q2 2013 Q1 2012 Q1
Revenue $164.1K $162.0K
YoY Change 1.25%
Cost Of Revenue $20.60K $21.45K
YoY Change -3.96%
Gross Profit $143.5K $140.6K
YoY Change 2.05%
Gross Profit Margin 87.45% 86.77%
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization
YoY Change
% of Gross Profit
Operating Expenses $233.3K $238.9K
YoY Change -2.32%
Operating Profit -$89.82K -$98.25K
YoY Change -8.58%
Interest Expense
YoY Change
% of Operating Profit
Other Income/Expense, Net $466.00
YoY Change
Pretax Income
YoY Change
Income Tax
% Of Pretax Income
Net Earnings -$89.82K -$97.79K
YoY Change -8.15%
Net Earnings / Revenue -54.74% -60.34%
Basic Earnings Per Share $0.00 $0.00
Diluted Earnings Per Share
COMMON SHARES
Basic Shares Outstanding 98.88M shares 98.88M shares 98.88M shares
Diluted Shares Outstanding

Balance Sheet

Concept 2013 Q2 2013 Q1 2012 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $315.00 $27.79K $6.125K
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $61.29K $83.46K
YoY Change -7.9%
LONG-TERM ASSETS
Property, Plant & Equipment $317.8K $351.3K
YoY Change -31.49%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets
YoY Change
Total Long-Term Assets $360.5K $402.6K
YoY Change -39.43%
TOTAL ASSETS
Total Short-Term Assets $61.29K $83.46K
Total Long-Term Assets $360.5K $402.6K
Total Assets $421.8K $486.0K
YoY Change -36.26%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $99.56K $91.69K
YoY Change 58.32%
Accrued Expenses $5.307K $4.529K
YoY Change 49.7%
Deferred Revenue
YoY Change
Short-Term Debt
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $1.649M $1.606M
YoY Change 16.93%
LONG-TERM LIABILITIES
Long-Term Debt
YoY Change
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities
YoY Change
TOTAL LIABILITIES
Total Short-Term Liabilities $1.649M $1.606M
Total Long-Term Liabilities
Total Liabilities $1.649M $1.606M
YoY Change 16.93%
SHAREHOLDERS EQUITY
Retained Earnings -$2.221M -$2.115M
YoY Change 27.52%
Common Stock $988.8K $988.8K
YoY Change 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity -$1.227M -$1.120M
YoY Change
Total Liabilities & Shareholders Equity $421.8K $486.0K
YoY Change -36.26%

Cashflow Statement

Concept 2013 Q2 2013 Q1 2012 Q1
OPERATING ACTIVITIES
Net Income -$89.82K -$97.79K
YoY Change -8.15%
Depreciation, Depletion And Amortization
YoY Change
Cash From Operating Activities
YoY Change
INVESTING ACTIVITIES
Capital Expenditures
YoY Change
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities
YoY Change
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities
YoY Change
NET CHANGE
Cash From Operating Activities
Cash From Investing Activities
Cash From Financing Activities
Net Change In Cash
YoY Change
FREE CASH FLOW
Cash From Operating Activities
Capital Expenditures
Free Cash Flow
YoY Change

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
aszp Other Comprehensive Income Loss Foreign Currency Translation Adjustment Net Of Tax Related To Notes
OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTaxRelatedToNotes
2088 USD
CY2013Q1 aszp Working Capital
WorkingCapital
1522129 USD
dei Amendment Flag
AmendmentFlag
false
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--06-30
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q3
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2013
dei Document Period End Date
DocumentPeriodEndDate
2013-03-31
dei Document Type
DocumentType
10-Q
dei Entity Central Index Key
EntityCentralIndexKey
0001021917
CY2013Q2 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
98879655 shares
dei Entity Filer Category
EntityFilerCategory
Smaller Reporting Company
dei Entity Registrant Name
EntityRegistrantName
JV GROUP, INC.
dei Trading Symbol
TradingSymbol
ASZP
CY2013Q1 us-gaap Accounts Payable Current
AccountsPayableCurrent
91689 USD
CY2012Q2 us-gaap Accounts Payable Current
AccountsPayableCurrent
62885 USD
CY2013Q1 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
4529 USD
CY2012Q2 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
5013 USD
us-gaap Acquired Finite Lived Intangible Assets Weighted Average Useful Life
AcquiredFiniteLivedIntangibleAssetsWeightedAverageUsefulLife
P1Y8M12D
CY2012Q2 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
3545 USD
CY2013Q1 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
404889 USD
CY2012Q2 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
287754 USD
CY2013Q1 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
6747 USD
us-gaap Advertising Expense
AdvertisingExpense
11942 USD
us-gaap Advertising Expense
AdvertisingExpense
15251 USD
CY2013Q1 us-gaap Advertising Expense
AdvertisingExpense
3830 USD
CY2012Q1 us-gaap Advertising Expense
AdvertisingExpense
5129 USD
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
80114 USD
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
USD
CY2013Q1 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
8551 USD
CY2012Q1 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
USD
CY2013Q1 us-gaap Area Of Real Estate Property
AreaOfRealEstateProperty
10000 sqft
CY2013Q1 us-gaap Assets
Assets
486023 USD
CY2012Q2 us-gaap Assets
Assets
661670 USD
CY2013Q1 us-gaap Assets Current
AssetsCurrent
83455 USD
CY2012Q2 us-gaap Assets Current
AssetsCurrent
66545 USD
CY2013Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
27786 USD
CY2012Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
10407 USD
CY2012Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
6125 USD
CY2011Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
26506 USD
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
17379 USD
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-20381 USD
CY2013Q1 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2012Q2 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2013Q1 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
1000000000 shares
CY2012Q2 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
1000000000 shares
CY2012Q2 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
100000000 shares
CY2012Q2 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
1000000000 shares
CY2013Q1 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
98879655 shares
CY2012Q2 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
98879655 shares
CY2013Q1 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
98879655 shares
CY2012Q2 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
98879655 shares
CY2013Q1 us-gaap Common Stock Value
CommonStockValue
988797 USD
CY2012Q2 us-gaap Common Stock Value
CommonStockValue
988797 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-371362 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-299163 USD
CY2013Q1 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-88762 USD
CY2012Q1 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-97614 USD
us-gaap Cost Of Services
CostOfServices
60829 USD
us-gaap Cost Of Services
CostOfServices
57684 USD
CY2013Q1 us-gaap Cost Of Services
CostOfServices
20596 USD
CY2012Q1 us-gaap Cost Of Services
CostOfServices
21446 USD
CY2013Q1 us-gaap Customer Advances Current
CustomerAdvancesCurrent
135738 USD
CY2012Q2 us-gaap Customer Advances Current
CustomerAdvancesCurrent
102123 USD
CY2011Q3 us-gaap Debt Instrument Face Amount
DebtInstrumentFaceAmount
450000 USD
CY2011Q3 us-gaap Debt Instrument Maturity Date
DebtInstrumentMaturityDate
2012-03-01
us-gaap Depreciation
Depreciation
117906 USD
us-gaap Depreciation
Depreciation
107946 USD
us-gaap Depreciation And Amortization
DepreciationAndAmortization
117906 USD
us-gaap Depreciation And Amortization
DepreciationAndAmortization
107946 USD
CY2012Q2 us-gaap Due To Related Parties Current
DueToRelatedPartiesCurrent
788878 USD
CY2013Q1 us-gaap Depreciation And Amortization
DepreciationAndAmortization
34310 USD
CY2012Q1 us-gaap Depreciation And Amortization
DepreciationAndAmortization
43311 USD
CY2013Q1 us-gaap Due To Related Parties Current
DueToRelatedPartiesCurrent
921540 USD
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.00
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.00
CY2013Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.00
CY2012Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.00
us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
635 USD
us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
-2850 USD
CY2013Q1 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
268982 USD
CY2013Q1 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
1953870 HKD
CY2012Q2 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
188890 USD
us-gaap Gain Loss On Disposition Of Property
GainLossOnDispositionOfProperty
-280 USD
us-gaap Gain Loss On Disposition Of Property
GainLossOnDispositionOfProperty
USD
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
293448 USD
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
278385 USD
CY2013Q1 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
78157 USD
CY2012Q1 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
83808 USD
us-gaap Gross Profit
GrossProfit
454911 USD
us-gaap Gross Profit
GrossProfit
364206 USD
CY2013Q1 us-gaap Gross Profit
GrossProfit
143481 USD
CY2012Q1 us-gaap Gross Profit
GrossProfit
140601 USD
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-241664 USD
us-gaap Increase Decrease In Customer Advances
IncreaseDecreaseInCustomerAdvances
33747 USD
us-gaap Increase Decrease In Customer Advances
IncreaseDecreaseInCustomerAdvances
55082 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-429 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
12415 USD
us-gaap Income Taxes Paid
IncomeTaxesPaid
USD
us-gaap Income Taxes Paid
IncomeTaxesPaid
USD
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
29795 USD
CY2013Q1 us-gaap Intangible Assets Net Including Goodwill
IntangibleAssetsNetIncludingGoodwill
51225 USD
CY2012Q2 us-gaap Intangible Assets Net Including Goodwill
IntangibleAssetsNetIncludingGoodwill
131317 USD
us-gaap Interest And Other Income
InterestAndOtherIncome
USD
us-gaap Interest And Other Income
InterestAndOtherIncome
1236 USD
CY2013Q1 us-gaap Interest And Other Income
InterestAndOtherIncome
USD
CY2012Q1 us-gaap Interest And Other Income
InterestAndOtherIncome
466 USD
us-gaap Interest Paid
InterestPaid
USD
us-gaap Interest Paid
InterestPaid
USD
us-gaap Lease And Rental Expense
LeaseAndRentalExpense
336539 USD
us-gaap Lease And Rental Expense
LeaseAndRentalExpense
281231 USD
CY2013Q1 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
112283 USD
CY2012Q1 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
111735 USD
CY2013Q1 us-gaap Liabilities
Liabilities
1605584 USD
CY2012Q2 us-gaap Liabilities
Liabilities
1409870 USD
CY2013Q1 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
486023 USD
CY2012Q2 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
661670 USD
CY2013Q1 us-gaap Liabilities Current
LiabilitiesCurrent
1605584 USD
CY2012Q2 us-gaap Liabilities Current
LiabilitiesCurrent
1409870 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
133476 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
377996 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-5907 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-2356 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-110825 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-393171 USD
us-gaap Net Income Loss
NetIncomeLoss
-373096 USD
us-gaap Net Income Loss
NetIncomeLoss
-302120 USD
CY2013Q1 us-gaap Net Income Loss
NetIncomeLoss
-89820 USD
CY2012Q1 us-gaap Net Income Loss
NetIncomeLoss
-97787 USD
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
USD
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
1236 USD
CY2013Q1 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
USD
CY2012Q1 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
466 USD
CY2013Q1 us-gaap Notes Payable Current
NotesPayableCurrent
452088 USD
CY2012Q2 us-gaap Notes Payable Current
NotesPayableCurrent
452439 USD
us-gaap Operating Expenses
OperatingExpenses
828007 USD
us-gaap Operating Expenses
OperatingExpenses
667562 USD
CY2013Q1 us-gaap Operating Expenses
OperatingExpenses
233301 USD
CY2012Q1 us-gaap Operating Expenses
OperatingExpenses
238854 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
-373096 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
-303356 USD
CY2013Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
-89820 USD
CY2012Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
-98253 USD
CY2013Q1 us-gaap Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
113474 USD
CY2013Q1 us-gaap Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
260383 USD
CY2013Q1 us-gaap Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
448358 USD
us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
336539 USD
CY2012 us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
281231 USD
CY2012Q1 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
173 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
5907 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
2356 USD
CY2013Q1 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2012Q2 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2013Q1 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
25000000 shares
CY2012Q2 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
25000000 shares
CY2013Q1 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2012Q2 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2013Q1 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2012Q2 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2013Q1 us-gaap Preferred Stock Value
PreferredStockValue
USD
CY2012Q2 us-gaap Preferred Stock Value
PreferredStockValue
USD
us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
1734 USD
us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
2957 USD
CY2013Q1 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
1058 USD
CY2013Q1 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
55669 USD
CY2012Q2 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
56138 USD
us-gaap Proceeds From Issuance Of Other Long Term Debt
ProceedsFromIssuanceOfOtherLongTermDebt
168835 USD
us-gaap Proceeds From Issuance Of Other Long Term Debt
ProceedsFromIssuanceOfOtherLongTermDebt
375493 USD
us-gaap Proceeds From Repayments Of Related Party Debt
ProceedsFromRepaymentsOfRelatedPartyDebt
USD
us-gaap Proceeds From Repayments Of Related Party Debt
ProceedsFromRepaymentsOfRelatedPartyDebt
2503 USD
CY2013Q1 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
756232 USD
CY2012Q2 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
751562 USD
CY2013Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
351343 USD
CY2012Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
463808 USD
CY2013Q1 us-gaap Stockholders Equity
StockholdersEquity
-1119561 USD
CY2012Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-1742010 USD
us-gaap Repayments Of Other Long Term Debt
RepaymentsOfOtherLongTermDebt
35359 USD
us-gaap Repayments Of Other Long Term Debt
RepaymentsOfOtherLongTermDebt
USD
CY2013Q1 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-2115105 USD
us-gaap Sales Revenue Services Net
SalesRevenueServicesNet
515740 USD
us-gaap Sales Revenue Services Net
SalesRevenueServicesNet
421890 USD
CY2013Q1 us-gaap Sales Revenue Services Net
SalesRevenueServicesNet
164077 USD
CY2012Q1 us-gaap Sales Revenue Services Net
SalesRevenueServicesNet
162047 USD
CY2012Q2 us-gaap Stockholders Equity
StockholdersEquity
-748200 USD
us-gaap Use Of Estimates
UseOfEstimates
<!--DOCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Transitional//EN" "http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd" --><div> <div><!--StartFragment--> <p style="MARGIN: 0pt; FONT-FAMILY: Courier New; FONT-SIZE: 10pt"> Use&nbsp;of&nbsp;Estimates</p> <p style="MARGIN: 0pt; FONT-FAMILY: Courier New; FONT-SIZE: 10pt"> <br /> </p> <p style="MARGIN: 0pt; FONT-FAMILY: Courier New; FONT-SIZE: 10pt"> The&nbsp;&nbsp;preparation&nbsp;&nbsp;of&nbsp;the&nbsp;&nbsp;financial&nbsp;&nbsp;statements&nbsp;in&nbsp;&nbsp;conformity&nbsp;&nbsp;with&nbsp;&nbsp;accounting</p> <p style="MARGIN: 0pt; FONT-FAMILY: Courier New; FONT-SIZE: 10pt"> principles&nbsp;&nbsp;&nbsp;generally&nbsp;&nbsp;accepted&nbsp;&nbsp;in&nbsp;&nbsp;the&nbsp;&nbsp;United&nbsp;&nbsp;States&nbsp;&nbsp;of&nbsp;&nbsp;America&nbsp;&nbsp;requires</p> <p style="MARGIN: 0pt; FONT-FAMILY: Courier New; FONT-SIZE: 10pt"> management&nbsp;to&nbsp;make&nbsp;estimates&nbsp;and&nbsp;assumptions&nbsp;that&nbsp;affect&nbsp;the&nbsp;reported&nbsp;amounts&nbsp;of</p> <p style="MARGIN: 0pt; FONT-FAMILY: Courier New; FONT-SIZE: 10pt"> assets&nbsp;and&nbsp;&nbsp;liabilities&nbsp;&nbsp;and&nbsp;disclosure&nbsp;of&nbsp;contingent&nbsp;&nbsp;assets&nbsp;and&nbsp;liabilities&nbsp;at</p> <p style="MARGIN: 0pt; FONT-FAMILY: Courier New; FONT-SIZE: 10pt"> the&nbsp;date&nbsp;of&nbsp;the&nbsp;financial&nbsp;&nbsp;statements&nbsp;&nbsp;and&nbsp;the&nbsp;reported&nbsp;&nbsp;amounts&nbsp;of&nbsp;revenues&nbsp;and</p> <p style="MARGIN: 0pt; FONT-FAMILY: Courier New; FONT-SIZE: 10pt"> expenses&nbsp;&nbsp;during&nbsp;the&nbsp;reporting&nbsp;&nbsp;periods.&nbsp;&nbsp;Actual&nbsp;results&nbsp;could&nbsp;differ&nbsp;from&nbsp;those</p> <p style="MARGIN: 0pt; FONT-FAMILY: Courier New; FONT-SIZE: 10pt"> estimates.</p> <p style="MARGIN: 0pt; FONT-FAMILY: Courier New; FONT-SIZE: 10pt"> <br /> </p> <p style="MARGIN: 0pt; FONT-FAMILY: Courier New; FONT-SIZE: 10pt"> Judgments&nbsp;and&nbsp;estimates&nbsp;of&nbsp;uncertainties&nbsp;&nbsp;are&nbsp;required&nbsp;in&nbsp;applying&nbsp;the&nbsp;Company&#39;s</p> <p style="MARGIN: 0pt; FONT-FAMILY: Courier New; FONT-SIZE: 10pt"> accounting&nbsp;&nbsp;policies&nbsp;&nbsp;in&nbsp;&nbsp;certain&nbsp;&nbsp;areas.&nbsp;&nbsp;The&nbsp;&nbsp;following&nbsp;&nbsp;are&nbsp;some&nbsp;of&nbsp;the&nbsp;areas</p> <p style="MARGIN: 0pt; FONT-FAMILY: Courier New; FONT-SIZE: 10pt"> requiring&nbsp;&nbsp;significant&nbsp;&nbsp;judgments&nbsp;and&nbsp;estimates:&nbsp;&nbsp;a)&nbsp;going&nbsp;concern;&nbsp;b)&nbsp;valuation</p> <p style="MARGIN: 0pt; FONT-FAMILY: Courier New; FONT-SIZE: 10pt"> allowance&nbsp;for&nbsp;deferred&nbsp;tax&nbsp;assets&nbsp;based&nbsp;on&nbsp;estimated&nbsp;future&nbsp;taxable&nbsp;income;&nbsp;&nbsp;and</p> <p style="MARGIN: 0pt; FONT-FAMILY: Courier New; FONT-SIZE: 10pt"> c)&nbsp;depreciable&nbsp;life&nbsp;for&nbsp;property,&nbsp;plant&nbsp;and&nbsp;equipment&nbsp;and&nbsp;intangible&nbsp;assets.&nbsp;The</p> <p style="MARGIN: 0pt; FONT-FAMILY: Courier New; FONT-SIZE: 10pt"> relevant&nbsp;&nbsp;amounts&nbsp;could&nbsp;be&nbsp;adjusted&nbsp;in&nbsp;the&nbsp;near&nbsp;term&nbsp;if&nbsp;experience&nbsp;&nbsp;differs&nbsp;from</p> <p style="MARGIN: 0pt; FONT-FAMILY: Courier New; FONT-SIZE: 10pt"> current&nbsp;estimates.</p> <!--EndFragment--></div> </div>
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
98879655 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
90513019 shares
CY2013Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
98879655 shares
CY2012Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
98879655 shares

Files In Submission

Name View Source Status
0001072588-13-000058-index-headers.html Edgar Link pending
0001072588-13-000058-index.html Edgar Link pending
0001072588-13-000058.txt Edgar Link pending
0001072588-13-000058-xbrl.zip Edgar Link pending
aspi10q033113.txt Edgar Link pending
aszp-20130331.xml Edgar Link completed
aszp-20130331.xsd Edgar Link pending
aszp-20130331_cal.xml Edgar Link unprocessable
aszp-20130331_def.xml Edgar Link unprocessable
aszp-20130331_lab.xml Edgar Link unprocessable
aszp-20130331_pre.xml Edgar Link unprocessable
ex31.txt Edgar Link pending
ex32.txt Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xls Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R3.htm Edgar Link pending
R4.htm Edgar Link pending
R5.htm Edgar Link pending
R6.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending