2013 Form 10-K Financial Statement
#000107258813000113 Filed on October 15, 2013
Income Statement
Concept | 2013 | 2012 Q2 | 2012 |
---|---|---|---|
Revenue | $669.7K | $576.6K | |
YoY Change | 16.15% | 203.48% | |
Cost Of Revenue | $80.59K | $78.18K | |
YoY Change | 3.08% | 30.29% | |
Gross Profit | $589.2K | $498.4K | |
YoY Change | 18.2% | 283.42% | |
Gross Profit Margin | 87.97% | 86.44% | |
Selling, General & Admin | $830.0K | $770.0K | |
YoY Change | 7.79% | 54.0% | |
% of Gross Profit | 140.88% | 154.48% | |
Research & Development | |||
YoY Change | |||
% of Gross Profit | |||
Depreciation & Amortization | $152.4K | $150.2K | |
YoY Change | 1.45% | 66.91% | |
% of Gross Profit | 25.87% | 30.14% | |
Operating Expenses | $1.068M | $1.104M | |
YoY Change | -3.23% | 87.14% | |
Operating Profit | -$479.3K | -$605.7K | |
YoY Change | -20.86% | 31.68% | |
Interest Expense | $0.00 | $0.00 | |
YoY Change | |||
% of Operating Profit | |||
Other Income/Expense, Net | $1.334K | ||
YoY Change | |||
Pretax Income | -$480.0K | -$600.0K | |
YoY Change | -20.0% | 30.43% | |
Income Tax | $0.00 | $0.00 | |
% Of Pretax Income | |||
Net Earnings | -$479.3K | -$604.4K | |
YoY Change | -20.69% | 31.39% | |
Net Earnings / Revenue | -71.57% | -104.81% | |
Basic Earnings Per Share | $0.00 | -$0.01 | |
Diluted Earnings Per Share | $0.00 | -$0.01 | |
COMMON SHARES | |||
Basic Shares Outstanding | 98.88M shares | 92.58M shares | |
Diluted Shares Outstanding |
Balance Sheet
Concept | 2013 | 2012 Q2 | 2012 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $0.00 | $10.00K | |
YoY Change | -100.0% | -66.67% | |
Cash & Equivalents | $0.00 | $10.41K | $10.00K |
Short-Term Investments | |||
Other Short-Term Assets | $60.00K | $60.00K | |
YoY Change | 0.0% | 20.0% | |
Inventory | |||
Prepaid Expenses | |||
Receivables | |||
Other Receivables | |||
Total Short-Term Assets | $60.00K | $66.55K | $70.00K |
YoY Change | -14.29% | -12.5% | |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $320.0K | $463.8K | $460.0K |
YoY Change | -30.43% | 100.0% | |
Goodwill | |||
YoY Change | |||
Intangibles | |||
YoY Change | |||
Long-Term Investments | |||
YoY Change | |||
Other Assets | |||
YoY Change | |||
Total Long-Term Assets | $360.0K | $595.1K | $590.0K |
YoY Change | -38.98% | 156.52% | |
TOTAL ASSETS | |||
Total Short-Term Assets | $60.00K | $66.55K | $70.00K |
Total Long-Term Assets | $360.0K | $595.1K | $590.0K |
Total Assets | $420.0K | $661.7K | $660.0K |
YoY Change | -36.36% | 112.9% | |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $100.0K | $62.89K | $60.00K |
YoY Change | 66.67% | 100.0% | |
Accrued Expenses | $10.00K | $3.545K | $0.00 |
YoY Change | -100.0% | ||
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $450.0K | $450.0K | |
YoY Change | 0.0% | ||
Long-Term Debt Due | |||
YoY Change | |||
Total Short-Term Liabilities | $1.650M | $1.410M | $1.410M |
YoY Change | 17.02% | 101.43% | |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $0.00 | $0.00 | |
YoY Change | |||
Other Long-Term Liabilities | |||
YoY Change | |||
Total Long-Term Liabilities | $0.00 | $0.00 | |
YoY Change | |||
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $1.650M | $1.410M | $1.410M |
Total Long-Term Liabilities | $0.00 | $0.00 | |
Total Liabilities | $1.650M | $1.410M | $1.410M |
YoY Change | 17.02% | 101.43% | |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$1.742M | ||
YoY Change | |||
Common Stock | $988.8K | ||
YoY Change | |||
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | -$1.230M | -$748.2K | -$750.0K |
YoY Change | |||
Total Liabilities & Shareholders Equity | $420.0K | $661.7K | $660.0K |
YoY Change | -36.36% | 112.9% |
Cashflow Statement
Concept | 2013 | 2012 Q2 | 2012 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | -$479.3K | -$604.4K | |
YoY Change | -20.69% | 31.39% | |
Depreciation, Depletion And Amortization | $152.4K | $150.2K | |
YoY Change | 1.45% | 66.91% | |
Cash From Operating Activities | -$195.8K | -$447.2K | |
YoY Change | -56.22% | 135.38% | |
INVESTING ACTIVITIES | |||
Capital Expenditures | $6.352K | $367.00 | |
YoY Change | 1630.79% | -96.33% | |
Acquisitions | |||
YoY Change | |||
Other Investing Activities | |||
YoY Change | |||
Cash From Investing Activities | -$6.352K | -$367.00 | |
YoY Change | 1630.79% | -96.33% | |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | |||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | $195.7K | $431.4K | |
YoY Change | -54.63% | 127.04% | |
NET CHANGE | |||
Cash From Operating Activities | -$195.8K | -$447.2K | |
Cash From Investing Activities | -$6.352K | -$367.00 | |
Cash From Financing Activities | $195.7K | $431.4K | |
Net Change In Cash | -$6.415K | -$16.22K | |
YoY Change | -60.45% | 62.2% | |
FREE CASH FLOW | |||
Cash From Operating Activities | -$195.8K | -$447.2K | |
Capital Expenditures | $6.352K | $367.00 | |
Free Cash Flow | -$202.1K | -$447.6K | |
YoY Change | -54.84% | 123.8% |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
CY2013 | dei |
Document Fiscal Year Focus
DocumentFiscalYearFocus
|
2013 | |
CY2013 | dei |
Document Period End Date
DocumentPeriodEndDate
|
2013-06-30 | |
CY2013 | dei |
Document Type
DocumentType
|
10-K | |
CY2013 | dei |
Entity Central Index Key
EntityCentralIndexKey
|
0001021917 | |
CY2013Q4 | dei |
Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
|
98879655 | shares |
CY2013 | dei |
Entity Current Reporting Status
EntityCurrentReportingStatus
|
Yes | |
CY2013 | dei |
Entity Filer Category
EntityFilerCategory
|
Smaller Reporting Company | |
CY2013Q4 | dei |
Entity Public Float
EntityPublicFloat
|
8730 | USD |
CY2011Q3 | aszp |
Aggregate Value Of Acquired Fixed And Intangible Assets
AggregateValueOfAcquiredFixedAndIntangibleAssets
|
700000 | USD |
CY2013 | aszp |
Effective Income Tax Rate Reconciliation Foreign And Domestic Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignAndDomesticIncomeTaxRateDifferential
|
-0.185 | pure |
CY2012 | aszp |
Effective Income Tax Rate Reconciliation Foreign And Domestic Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignAndDomesticIncomeTaxRateDifferential
|
-0.185 | pure |
CY2013 | aszp |
Operating Loss Carryforwards Expiration Descriptions
OperatingLossCarryforwardsExpirationDescriptions
|
various years through 2032 | |
CY2013Q2 | aszp |
Working Capital
WorkingCapital
|
1587233 | USD |
CY2013 | dei |
Amendment Flag
AmendmentFlag
|
false | |
CY2013 | dei |
Current Fiscal Year End Date
CurrentFiscalYearEndDate
|
--06-30 | |
CY2013 | dei |
Document Fiscal Period Focus
DocumentFiscalPeriodFocus
|
FY | |
CY2013 | dei |
Entity Registrant Name
EntityRegistrantName
|
JV GROUP, INC. | |
CY2013 | dei |
Entity Voluntary Filers
EntityVoluntaryFilers
|
No | |
CY2013 | dei |
Entity Well Known Seasoned Issuer
EntityWellKnownSeasonedIssuer
|
No | |
CY2013 | dei |
Trading Symbol
TradingSymbol
|
ASZP | |
CY2013Q2 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
99561 | USD |
CY2012Q2 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
62885 | USD |
CY2013Q2 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
5307 | USD |
CY2012Q2 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
3545 | USD |
CY2013Q2 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
439455 | USD |
CY2012Q2 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
287754 | USD |
CY2013Q2 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
5792 | USD |
CY2012Q2 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
5013 | USD |
CY2012Q2 | us-gaap |
Assets Current
AssetsCurrent
|
66545 | USD |
CY2013Q2 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
4774 | USD |
CY2011Q3 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
1953870 | HKD |
CY2013Q2 | us-gaap |
Area Of Real Estate Property
AreaOfRealEstateProperty
|
10000 | sqft |
CY2013Q2 | us-gaap |
Assets
Assets
|
421768 | USD |
CY2012Q2 | us-gaap |
Assets
Assets
|
661670 | USD |
CY2013Q2 | us-gaap |
Assets Current
AssetsCurrent
|
61291 | USD |
CY2013 | us-gaap |
Advertising Expense
AdvertisingExpense
|
15283 | USD |
CY2012 | us-gaap |
Advertising Expense
AdvertisingExpense
|
19740 | USD |
CY2013 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
88596 | USD |
CY2012 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
188890 | USD |
CY2012Q2 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
10407 | USD |
CY2011Q2 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
26506 | USD |
CY2013 | us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
-5633 | USD |
CY2012 | us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
-16179 | USD |
CY2013Q2 | 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 | |
CY2013Q2 | 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 |
CY2013Q2 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
98879655 | shares |
CY2012Q2 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
98879655 | shares |
CY2013Q2 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
98879655 | shares |
CY2012Q2 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
98879655 | shares |
CY2013Q2 | us-gaap |
Common Stock Value
CommonStockValue
|
988797 | USD |
CY2012Q2 | us-gaap |
Common Stock Value
CommonStockValue
|
988797 | USD |
CY2013 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-478556 | USD |
CY2012 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-601630 | USD |
CY2013 | us-gaap |
Cost Of Services
CostOfServices
|
80587 | USD |
CY2012 | us-gaap |
Cost Of Services
CostOfServices
|
78176 | USD |
CY2013Q2 | us-gaap |
Customer Advances Current
CustomerAdvancesCurrent
|
106617 | 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 | |
CY2013Q2 | us-gaap |
Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
|
USD | |
CY2012Q2 | us-gaap |
Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
|
USD | |
CY2013Q2 | us-gaap |
Deferred Tax Assets Operating Loss Carryforwards Domestic
DeferredTaxAssetsOperatingLossCarryforwardsDomestic
|
126539 | USD |
CY2012Q2 | us-gaap |
Deferred Tax Assets Operating Loss Carryforwards Domestic
DeferredTaxAssetsOperatingLossCarryforwardsDomestic
|
97109 | USD |
CY2013Q2 | us-gaap |
Deferred Tax Assets Operating Loss Carryforwards Foreign
DeferredTaxAssetsOperatingLossCarryforwardsForeign
|
144105 | USD |
CY2012Q2 | us-gaap |
Deferred Tax Assets Operating Loss Carryforwards Foreign
DeferredTaxAssetsOperatingLossCarryforwardsForeign
|
78995 | USD |
CY2013Q2 | us-gaap |
Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
|
270644 | USD |
CY2012Q2 | us-gaap |
Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
|
176104 | USD |
CY2013 | us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
152097 | USD |
CY2012 | us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
150221 | USD |
CY2013 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
152404 | USD |
CY2012 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
150221 | USD |
CY2013Q2 | us-gaap |
Due To Related Parties Current
DueToRelatedPartiesCurrent
|
984600 | USD |
CY2012Q2 | us-gaap |
Due To Related Parties Current
DueToRelatedPartiesCurrent
|
788878 | USD |
CY2013 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0 | |
CY2012 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.01 | |
CY2013 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
pure | |
CY2012 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
pure | |
CY2013 | us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.35 | pure |
CY2012 | us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.35 | pure |
CY2013 | us-gaap |
Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
|
-0.165 | pure |
CY2012 | us-gaap |
Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
|
-0.165 | pure |
CY2013 | us-gaap |
Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
|
782 | USD |
CY2012 | us-gaap |
Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
|
41 | USD |
CY2013Q2 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
277486 | USD |
CY2012Q2 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
188890 | USD |
CY2011Q3 | us-gaap |
Finite Lived Intangible Assets Remaining Amortization Period1
FiniteLivedIntangibleAssetsRemainingAmortizationPeriod1
|
P1Y8M12D | |
CY2013 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
378731 | USD |
CY2012 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
397718 | USD |
CY2013 | us-gaap |
Gross Profit
GrossProfit
|
589155 | USD |
CY2012 | us-gaap |
Gross Profit
GrossProfit
|
498444 | USD |
CY2013 | us-gaap |
Income Taxes Paid
IncomeTaxesPaid
|
USD | |
CY2012 | us-gaap |
Income Taxes Paid
IncomeTaxesPaid
|
USD | |
CY2013 | us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
38434 | USD |
CY2012 | us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
-228435 | USD |
CY2013 | us-gaap |
Increase Decrease In Customer Advances
IncreaseDecreaseInCustomerAdvances
|
4494 | USD |
CY2012 | us-gaap |
Increase Decrease In Customer Advances
IncreaseDecreaseInCustomerAdvances
|
51725 | USD |
CY2013 | us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
378 | USD |
CY2012 | us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
5256 | USD |
CY2013Q2 | us-gaap |
Intangible Assets Net Including Goodwill
IntangibleAssetsNetIncludingGoodwill
|
42721 | USD |
CY2012Q2 | us-gaap |
Intangible Assets Net Including Goodwill
IntangibleAssetsNetIncludingGoodwill
|
131317 | USD |
CY2013 | us-gaap |
Interest And Other Income
InterestAndOtherIncome
|
USD | |
CY2012 | us-gaap |
Interest And Other Income
InterestAndOtherIncome
|
1334 | USD |
CY2013 | us-gaap |
Interest Paid
InterestPaid
|
USD | |
CY2012 | us-gaap |
Interest Paid
InterestPaid
|
USD | |
CY2013 | us-gaap |
Lease And Rental Expense
LeaseAndRentalExpense
|
449066 | USD |
CY2012 | us-gaap |
Lease And Rental Expense
LeaseAndRentalExpense
|
367324 | USD |
CY2013Q2 | us-gaap |
Liabilities
Liabilities
|
1648524 | USD |
CY2012Q2 | us-gaap |
Liabilities
Liabilities
|
1409870 | USD |
CY2013Q2 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
421768 | USD |
CY2012Q2 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
661670 | USD |
CY2013Q2 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
1648524 | USD |
CY2012Q2 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
1409870 | USD |
CY2013 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
195722 | USD |
CY2012 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
431377 | USD |
CY2013 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-6352 | USD |
CY2012 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-367 | USD |
CY2013 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-195785 | USD |
CY2012 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-447230 | USD |
CY2013 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-479335 | USD |
CY2012 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-604375 | USD |
CY2013Q2 | us-gaap |
Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
|
247083 | USD |
CY2013 | us-gaap |
Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
|
449066 | USD |
CY2012 | us-gaap |
Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
|
367324 | USD |
CY2013Q2 | us-gaap |
Operating Loss Carryforwards
OperatingLossCarryforwards
|
1998036 | USD |
CY2013 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
USD | |
CY2012 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
1334 | USD |
CY2013Q2 | us-gaap |
Notes Payable Current
NotesPayableCurrent
|
452439 | USD |
CY2012Q2 | us-gaap |
Notes Payable Current
NotesPayableCurrent
|
452439 | USD |
CY2013 | us-gaap |
Operating Expenses
OperatingExpenses
|
1068490 | USD |
CY2012 | us-gaap |
Operating Expenses
OperatingExpenses
|
1104153 | USD |
CY2013 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-479335 | USD |
CY2012 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-605709 | USD |
CY2013Q2 | us-gaap |
Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
|
418257 | USD |
CY2012Q2 | us-gaap |
Operating Loss Carryforwards
OperatingLossCarryforwards
|
1520645 | USD |
CY2013 | us-gaap |
Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
|
779 | USD |
CY2012 | us-gaap |
Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
|
2745 | USD |
CY2013 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
779 | USD |
CY2012 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
2745 | USD |
CY2011Q3 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax
OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax
|
2439 | USD |
CY2013 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
6352 | USD |
CY2012 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
367 | USD |
CY2013Q2 | 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 | |
CY2013Q2 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
25000000 | shares |
CY2012Q2 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
25000000 | shares |
CY2013Q2 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
0 | shares |
CY2012Q2 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
0 | shares |
CY2013Q2 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
0 | shares |
CY2012Q2 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
0 | shares |
CY2013Q2 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
USD | |
CY2012Q2 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
USD | |
CY2013Q2 | us-gaap |
Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
|
56517 | USD |
CY2012Q2 | us-gaap |
Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
|
56138 | USD |
CY2013 | us-gaap |
Proceeds From Issuance Of Other Long Term Debt
ProceedsFromIssuanceOfOtherLongTermDebt
|
USD | |
CY2012 | us-gaap |
Proceeds From Issuance Of Other Long Term Debt
ProceedsFromIssuanceOfOtherLongTermDebt
|
USD | |
CY2013 | us-gaap |
Proceeds From Related Party Debt
ProceedsFromRelatedPartyDebt
|
232020 | USD |
CY2012 | us-gaap |
Proceeds From Related Party Debt
ProceedsFromRelatedPartyDebt
|
431377 | USD |
CY2013Q2 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
757211 | USD |
CY2012Q2 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
751562 | USD |
CY2013Q2 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
317756 | USD |
CY2012Q2 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
463808 | USD |
CY2013 | us-gaap |
Repayments Of Other Long Term Debt
RepaymentsOfOtherLongTermDebt
|
36298 | USD |
CY2012 | us-gaap |
Repayments Of Other Long Term Debt
RepaymentsOfOtherLongTermDebt
|
USD | |
CY2013Q2 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-2221345 | USD |
CY2012Q2 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-1742010 | USD |
CY2013 | us-gaap |
Sales Revenue Services Net
SalesRevenueServicesNet
|
669742 | USD |
CY2012 | us-gaap |
Sales Revenue Services Net
SalesRevenueServicesNet
|
576620 | USD |
CY2013Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-1226756 | USD |
CY2012Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-748200 | USD |
CY2011Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-396570 | USD |
CY2011Q3 | us-gaap |
Stock Issued During Period Shares Purchase Of Assets
StockIssuedDuringPeriodSharesPurchaseOfAssets
|
25000000 | shares |
CY2012 | us-gaap |
Stock Issued During Period Value Acquisitions
StockIssuedDuringPeriodValueAcquisitions
|
250000 | USD |
CY2013 | 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 class="MsoNormal">Use of Estimates</p> <p class="MsoNormal">The preparation of the financial statements in conformity with accounting</p> <p class="MsoNormal"><font >principles <font style="mso-spacerun: yes"> </font> generally</font> accepted in the United States of America requires</p> <p class="MsoNormal"><font >management</font> to make estimates and assumptions that affect the reported amounts of</p> <p class="MsoNormal"><font >assets</font> and liabilities and disclosure of contingent assets and liabilities at</p> <p class="MsoNormal"><font >the</font> date of the financial statements and the reported amounts of revenues and</p> <p class="MsoNormal"><font >expenses</font> during the reporting periods. Actual results could differ from those</p> <p class="MsoNormal"><font >estimates</font>.</p> <p class="MsoNormal">Judgments and estimates of uncertainties are required in applying the Company's</p> <p class="MsoNormal"><font >accounting</font> policies in certain areas. The following are some of the areas</p> <p class="MsoNormal"><font >requiring</font> significant judgments and estimates: a) Going concern; b) valuation</p> <p class="MsoNormal"><font >allowance</font> for deferred tax assets based on estimated future taxable income as</p> <p class="MsoNormal"><font >described</font> in Note 11; c) Depreciable life for property, plant and equipment and</p> <p class="MsoNormal"><font >intangible</font> assets. The relevant amounts could be adjusted in the near term if</p> <p class="MsoNormal"><font >experience</font> differs from current estimates.</p> <!--EndFragment--></div> </div> | |
CY2013 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
98879655 | shares |
CY2012 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
92575285 | shares |