Mastermind (MMND) 10-Q 11 Aug 14 2014 Q2 Quarterly report Financial data

Document_and_Entity_Informatio

Document and Entity Information	6 Months Ended
	Jun. 30, 2014	Jul. 31, 2014
Document And Entity Information	'	'
Entity Registrant Name	'COCONNECT, INC.	'
Entity Central Index Key	'0001088638	'
Document Type	'10-Q	'
Document Period End Date	30-Jun-14	'
Amendment Flag	'false	'
Current Fiscal Year End Date	'--12-31	'
Entity Filer Category	'Smaller Reporting Company	'
Entity Common Stock, Shares Outstanding	'	3,179,428
Document Fiscal Period Focus	'Q2	'
Document Fiscal Year Focus	'2014	'

Condensed_Balance_Sheets

Condensed Balance Sheets (USD $)	Jun. 30, 2014	Dec. 31, 2013
Current assets	'	'
Cash	$79,434	'
Prepaid expenses	25,000	'
Total current assets	104,434	'
TOTAL ASSETS	104,434	0
Current liabilities	'	'
Accounts payable and accrued expenses	49,129	50,129
Other payables	1,660	1,660
Due to shareholders	'	13,385
Total current liabilities	50,789	65,174
Commitments and contingencies	'	'
Stockholders' equity (deficiency):	'	'
Series B preferred stock, $0.001 par value; authorized - 1,000,000 shares; issued and outstanding - no shares and 100,000 shares at June 30, 2014 and December 31, 2013, respectively	'	100
Common stock, $0.001 par value; authorized - 4,999,000,000 shares; issued and outstanding - 3,179,428 shares and 2,750,000 shares at June 30, 2014 and December 31, 2013, respectively	3,179	2,750
Additional paid-in capital	11,973,076	11,823,622
Accumulated deficit	-11,922,610	-11,891,646
Total stockholders' equity (deficiency)	53,645	-65,174
Total liabilities and stockholders' equity (deficiency)	$104,434	$0

Condensed_Balance_Sheets_Paren

Condensed Balance Sheets (Parenthetical) (USD $)	Jun. 30, 2014	Dec. 31, 2013
Statement of Financial Position [Abstract]	'	'
Preferred Stock, shares authorized	1,000,000	1,000,000
Preferred Stock, par value	$0.00	$0.00
Preferred Stock, shares issued	0	100,000
Preferred Stock, shares outstanding	0	100,000
Common Stock, shares authorized	4,999,000,000	4,999,000,000
Common Stock, par value	$0.00	$0.00
Common Stock, shares issued	3,179,428	2,750,000
Common Stock, shares outstanding	3,179,428	2,750,000

Condensed_Statements_of_Operat

Condensed Statements of Operations (Unaudited) (USD $)	3 Months Ended		6 Months Ended
	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013
Income Statement [Abstract]	'	'	'	'
Revenues	'	'	'	'
Costs and expenses:	'	'	'	'
General and administrative	18,463	-5	30,964	18
Total costs and expenses	18,463	-5	30,964	18
Net income (loss)	($18,463)	$5	($30,964)	($18)
Net income (loss) per common share - Basic and diluted	($0.01)	$0	($0.01)	$0
Weighted average common shares outstanding - Basic and diluted	2,938,760	2,750,000	2,844,901	2,750,000

Condensed_Statement_of_Stockho

Condensed Statement of Stockholders' Equity (Deficiency) (Unaudited) (USD $)	Preferred Stock [Member]	Common Stock [Member]	Additional Paid-In Capital [Member]	Accumulated Deficit [Member]	Total
Balance at Dec. 31, 2013	$100	$2,750	$11,823,622	($11,891,646)	($65,174)
Balance, shares at Dec. 31, 2013	100,000	2,750,000	'	'	'
Shares cancelled	-100	'	100	'	'
Shares cancelled, shares	-100,000	'	'	'	'
Shareholder debt contributed to capital	'	'	24,052	'	24,052
Common stock sold in private placement	'	429	139,874	'	140,303
Common stock sold in private placement, shares	'	429,428	'	'	'
Costs related to private placement	'	'	-14,572	'	-14,572
Net loss	'	'	'	-30,964	-30,964
Balance at Jun. 30, 2014	'	$3,179	$11,973,076	($11,922,610)	$53,645
Balance, shares at Jun. 30, 2014	'	3,179,428	'	'	'

Condensed_Statements_of_Cash_F

Condensed Statements of Cash Flows (Unaudited) (USD $)	6 Months Ended
	Jun. 30, 2014	Jun. 30, 2013
Cash flows from operating activities:	'	'
Net loss	($30,964)	($18)
Changes in operating assets and liabilities:	'	'
Increase in Prepaid expenses	-25,000	'
Decrease in Accounts payable and accrued expenses	-1,000	-52
Net cash used in operating activities	-56,964	-70
Cash flows from financing activities:	'	'
Proceeds from private placement	140,303	'
Payment of private placement costs	-14,572	'
Advances from shareholders	10,667	'
Net cash provided by financing activities	136,398	0
Cash:	'	'
Net increase (decrease)	79,434	-70
Balance at beginning of period	'	70
Balance at end of period	79,434	'
Cash paid for -	'	'
Interest	'	'
Income taxes	'	'
Non-cash investing and financing activities:	'	'
Cancellation of preferred stock	100	'
Cancellation of debt to shareholders	$24,052	'

Basis_of_Presentation

Basis of Presentation	6 Months Ended
	Jun. 30, 2014
Accounting Policies [Abstract]	'
Basis of Presentation	'
	1. Basis of Presentation
	The condensed financial statements of CoConnect, Inc., a Nevada corporation, (the “Company”), at June 30, 2014, and for the three months and six months ended June 30, 2014 and 2013, are unaudited. In the opinion of management of the Company, all adjustments (including normal recurring adjustments) have been made that are necessary to present fairly the financial position of the Company as of June 30, 2014, and the results of its operations for the three months and six months ended June 30, 2014 and 2013, and its cash flows for the six months ended June 30, 2014 and 2013. Operating results for the interim periods presented are not necessarily indicative of the results to be expected for a full fiscal year. The condensed balance sheet at December 31, 2013 has been derived from the Company’s audited financial statements at such date.
	The statements and related notes have been prepared pursuant to the rules and regulations of the Securities and Exchange Commission (the “SEC”). Accordingly, certain information and footnote disclosures normally included in financial statements prepared in accordance with generally accepted accounting principles have been omitted pursuant to such rules and regulations. These financial statements should be read in conjunction with the financial statements and other information included in the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2013, as filed with the SEC.

Business_Operations

Business Operations	6 Months Ended
	Jun. 30, 2014
Organization, Consolidation and Presentation of Financial Statements [Abstract]	'
Business Operations	'
	2. Business Operations
	Business
	The Company is engaged in efforts to identify an operating company to acquire or merge with through an equity-based exchange transaction that would likely result in a change in control of the Company. The Company is currently in the process of evaluating potential acquisition targets in the global luxury chocolate and related cocoa industry sectors. As the Company’s planned principal operations have not yet commenced, the Company activities are subject to significant risks and uncertainties, including the need to obtain additional financing, as described below.
	Going Concern
	The Company’s condensed financial statements have been presented on the basis that it is a going concern, which contemplates the realization of assets and satisfaction of liabilities in the normal course of business. The Company does not have any business operations. The Company has experienced recurring operating losses and negative operating cash flows, and has financed its working capital requirements during this period primarily through the issuance of debt and equity securities, as well as borrowings from related parties. As of June 30, 2014, the Company had working capital of $53,645 and an accumulated deficit of $11,922,610. As a result, management believes that there is substantial doubt about the Company’s ability to continue as a going concern.
	The Company’s ability to continue as a going concern is dependent upon the Company’s ability to raise additional capital and to ultimately acquire or develop a commercially viable business. The Company’s condensed financial statements do not include any adjustments that might result from the outcome of these uncertainties.

Summary_of_Significant_Account

Summary of Significant Accounting Policies	6 Months Ended
	Jun. 30, 2014
Accounting Policies [Abstract]	'
Summary of Significant Accounting Policies	'
	3. Summary of Significant Accounting Policies
	Cash Concentrations
	The Company’s cash balances may periodically exceed federally insured limits. The Company has not experienced a loss in such accounts to date. The Company maintains its accounts with financial institutions with high credit ratings.
	Concentration of Risk
	Financial instruments that potentially subject the Company to concentrations of credit risk consist primarily of cash. The Company limits its exposure to credit loss by investing its cash with high credit quality financial institutions.
	Income Taxes
	The Company accounts for income taxes under an asset and liability approach for financial accounting and reporting for income taxes. Accordingly, the Company recognizes deferred tax assets and liabilities for the expected impact of differences between the financial statements and the tax basis of assets and liabilities.
	The Company records a valuation allowance to reduce its deferred tax assets to the amount that is more likely than not to be realized. In the event the Company was to determine that it would be able to realize its deferred tax assets in the future in excess of its recorded amount, an adjustment to the deferred tax assets would be credited to operations in the period such determination was made. Likewise, should the Company determine that it would not be able to realize all or part of its deferred tax assets in the future, an adjustment to the deferred tax assets would be charged to operations in the period such determination was made.
	The Company’s effective tax rate is different from the federal statutory rate of 35% due primarily to operating losses that receive no tax benefit as a result of a valuation allowance recorded for such losses.
	As of December 31, 2013, the Company had federal tax net operating loss carryforwards of approximately $12,000,000. The federal tax loss carryforwards will begin to expire in 2025, if not previously utilized.
	Pursuant to Internal Revenue Code Sections 382 and 383, use of the Company’s net operating loss and credit carryforwards may be limited if a cumulative change in ownership of more than 50% occurs within any three-year period since the last ownership change. The Company may have a change in control under these Sections. However, the Company does not anticipate performing a complete analysis of the limitation on the annual use of the net operating loss and tax credit carryforwards until the time that it projects it will be able to utilize these tax attributes.
	As of December 31, 2013, the Company does not have any unrecognized tax benefits related to various federal and state income tax matters.
	The Company is currently delinquent with respect to certain of its U.S. federal and applicable state income tax filings.
	Stock-Based Compensation
	The Company periodically issues stock options and warrants to officers, directors and consultants for services rendered. Options vest and expire according to terms established at the grant date.
	The Company accounts for stock-based payments to officers and directors by measuring the cost of services received in exchange for equity awards based on the grant date fair value of the awards, with the cost recognized as compensation expense in the Company’s financial statements on a straight-line basis over the vesting period of the awards.
	The Company accounts for stock-based payments to consultants by determining the value of the stock compensation based upon the measurement date at either (a) the date at which a performance commitment is reached or (b) at the date at which the necessary performance to earn the equity instruments is complete.
	Options granted to outside consultants are revalued each reporting period to determine the amount to be recorded as an expense in the respective period. As the options vest, they are valued on each vesting date and an adjustment is recorded for the difference between the value already recorded and the then current value on the date of vesting.
	The fair value of stock options and warrants granted are estimated using the Black-Scholes option-pricing model.
	Earnings Per Share
	The Company’s computation of earnings per share (“EPS”) includes basic and diluted EPS. Basic EPS is measured as the income (loss) available to common shareholders divided by the weighted average common shares outstanding for the period. Diluted EPS is similar to basic EPS but presents the dilutive effect on a per share basis of potential common shares (e.g., warrants and options) as if they had been converted at the beginning of the periods presented, or issuance date, if later. Potential common shares that have an anti-dilutive effect (i.e., those that increase income per share or decrease loss per share) are excluded from the calculation of diluted EPS.
	Loss per common share is computed by dividing net loss by the weighted average number of shares of common stock outstanding during the respective periods. Basic and diluted loss per common share is the same for all periods presented because all warrants and stock options outstanding are anti-dilutive.
	At June 30, 2013, the Company excluded outstanding warrants which entitle the holders thereof to acquire 80,000 shares of common from its calculation of earnings per share, as their effect would have been anti-dilutive. At June 30, 2014, the Company had no outstanding debt or securities which entitle the holders thereof to acquire shares of common stock.
	Fair Value of Financial Instruments
	The authoritative guidance with respect to fair value established a fair value hierarchy that prioritizes the inputs to valuation techniques used to measure fair value into three levels, and requires that assets and liabilities carried at fair value be classified and disclosed in one of three categories, as presented below. Disclosure as to transfers in and out of Levels 1 and 2, and activity in Level 3 fair value measurements, is also required.
	Level 1. Observable inputs such as quoted prices in active markets for an identical asset or liability that the Company has the ability to access as of the measurement date. Financial assets and liabilities utilizing Level 1 inputs include active-exchange traded securities and exchange-based derivatives.
	Level 2. Inputs, other than quoted prices included within Level 1, which are directly observable for the asset or liability or indirectly observable through corroboration with observable market data. Financial assets and liabilities utilizing Level 2 inputs include fixed income securities, non-exchange based derivatives, mutual funds, and fair-value hedges.
	Level 3. Unobservable inputs in which there is little or no market data for the asset or liability which requires the reporting entity to develop its own assumptions. Financial assets and liabilities utilizing Level 3 inputs include infrequently-traded non-exchange-based derivatives and commingled investment funds, and are measured using present value pricing models.
	The Company determines the level in the fair value hierarchy within which each fair value measurement falls in its entirety, based on the lowest level input that is significant to the fair value measurement in its entirety. In determining the appropriate levels, the Company performs an analysis of the assets and liabilities at each reporting period end.
	Use of Estimates
	The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities at the date of the financial statements and the reported amounts of expenses during the reporting period. Actual results could differ from those estimates.
	Recent Accounting Pronouncements
	On June 10, 2014, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update No. 2014-10 (ASU 2014-10), Development Stage Entities (Topic 915): Elimination of Certain Financial Reporting Requirements, Including an Amendment to Variable Interest Entities Guidance in Topic 810, Consolidation. ASU 2014-10 eliminates the requirement to present inception-to-date information about income statement line items, cash flows, and equity transactions, and clarifies how entities should disclosure the risks and uncertainties related to their activities. ASU 2014-10 also eliminates an exception provided to development stage entities in Consolidations (ASC Topic 810) for determining whether an entity is a variable interest entity on the basis of the amount of investment equity that is at risk. The presentation and disclosure requirements in Topic 915 will no longer be required for interim and annual reporting periods beginning after December 15, 2014, and the revised consolidation standards will take effect in annual periods beginning after December 15, 2015. Early adoption is permitted. The Company adopted the provisions of ASU 2014-10 effective for its financial statements for the interim period ended June 30, 2014. The adoption of ASU 2014-10 did not have any effect on the Company’s financial statement presentation or disclosures.
	On May 28, 2014, the FASB issued Accounting Standards Update No. 2014-09 (ASU 2014-09), Revenue from Contracts with Customers. ASU 2014-09 will eliminate transaction- and industry-specific 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 reporting periods beginning after December 15, 2016, and early adoption is not permitted. Entities can transition to the standard either retrospectively or as a cumulative-effect adjustment as of the date of adoption. The Company is currently evaluating the impact the adoption of ASU 2014-09 on the Company’s financial statement presentation and disclosures.
	In April 2014, the FASB issued Accounting Standards Update No. 2014-08 (ASU 2014-08), Presentation of Financial Statements (Topic 205) and Property, Plant and Equipment (Topic 360). ASU 2014-08 amends the requirements for reporting discontinued operations and requires additional disclosures about discontinued operations. Under the new guidance, only disposals representing a strategic shift in operations or that have a major effect on the Company’s operations and financial results should be presented as discontinued operations. This new accounting guidance is effective for annual periods beginning after December 15, 2014. The Company is currently evaluating the impact of the adoption of ASU 2014-08 on the Company’s financial statement presentation and 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.

Stockholders_Equity

Stockholders' Equity	6 Months Ended
	Jun. 30, 2014
Equity [Abstract]	'
Stockholders' Equity	'
	4. Stockholders’ Equity
	Common and Preferred Stock
	On May 1, 2014, PacificWave Partners Limited, a Gibraltar company (“PacificWave”), acquired 2,307,767 shares of outstanding common stock, representing approximately 83.9% of the Company’s then outstanding shares of common stock, from stockholders pursuant to a Share Purchase Agreement (the “SPA”). Additional terms of the SPA called for the surrender and cancellation of 100,000 outstanding shares of the Company’s Series B preferred stock also held by the same stockholders. Such Series B preferred stock represented 100% of the Company’s then outstanding shares of preferred stock. The SPA also stipulated that each of the selling shareholders waive any outstanding liabilities, claims, damages, obligations, contingent or otherwise, owed by the Company to the sellers. Accordingly, amounts owed by the Company to such stockholders totaling $24,052 were recorded as a contribution to additional paid-in capital on May 1, 2014.
	On May 21, 2014, the Company sold 429,428 shares of its common stock to PacificWave at $0.32672 per share for gross cash proceeds of $140,303. PacificWave resold the shares to five accredited investors who are non-U.S. residents in an exempt transaction. Costs associated with the sale of the shares amounting to $14,572 were charged to additional paid-in capital.
	Common Stock Warrants
	A summary of common stock warrant activity for the year ended December 31, 2013, and the six months ended June 30, 2014 is presented below.
							Weighted
							Average
					Weighted		Remaining
		Number			Average		Contractual
		Of			Exercise		Life
		Shares			Price		(in Years)
	Warrants outstanding at December 31, 2012		80,000		$	0.5
	Issued		—			—
	Exercised		—			—
	Expired		(80,000	)		0.5
	Warrants outstanding at December 31, 2013		—			—
	Issued		—			—
	Exercised		—			—
	Expired		—			—
	Warrants outstanding at June 30, 2014		—		$	—		—
	Prior Financing
	In connection with certain capital raising efforts in 2011, the Company received funds from prospective investors aggregating $209,977. During 2012, $208,317 of such funds raised were returned to the investors. The remaining $1,660 of such funds are reflected in the Company’s balance sheet as other payables.

Related_Party_Transactions

Related Party Transactions	6 Months Ended
	Jun. 30, 2014
Related Party Transactions [Abstract]	'
Related Party Transactions	'
	5. Related Party Transactions
	Through April 30, 2014, certain prior stockholders advanced funds to the Company in order to fund its working capital requirements. During the three months and six months ended June 30, 2014, such advances totaled $-0- and $10,667, respectively. Such advances totaled $24,052 at May 31, 2014 and $13,385 at December 31, 2013. Pursuant to the terms of the SPA, amounts owed by the Company to such stockholders totaling $24,052 were recorded as a contribution to additional paid-in capital on May 1, 2014.
	In connection with the sale of shares of the Company’s common stock on May 21, 2014, the Company paid a company associated with one of the ultimate non-U.S. shareholders cash fees of $13,572 for services rendered with respect to such financing, which were charged to additional paid-in capital.
	During the three months ended June 30, 2014, the Company’s former sole officer and director was paid cash compensation of $2,000.

Summary_of_Significant_Account1

Summary of Significant Accounting Policies (Policies)	6 Months Ended
	Jun. 30, 2014
Accounting Policies [Abstract]	'
Cash Concentrations	'
	Cash Concentrations
	The Company’s cash balances may periodically exceed federally insured limits. The Company has not experienced a loss in such accounts to date. The Company maintains its accounts with financial institutions with high credit ratings.
Concentration of Risk	'
	Concentration of Risk
	Financial instruments that potentially subject the Company to concentrations of credit risk consist primarily of cash. The Company limits its exposure to credit loss by investing its cash with high credit quality financial institutions.
Income Taxes	'
	Income Taxes
	The Company accounts for income taxes under an asset and liability approach for financial accounting and reporting for income taxes. Accordingly, the Company recognizes deferred tax assets and liabilities for the expected impact of differences between the financial statements and the tax basis of assets and liabilities.
	The Company records a valuation allowance to reduce its deferred tax assets to the amount that is more likely than not to be realized. In the event the Company was to determine that it would be able to realize its deferred tax assets in the future in excess of its recorded amount, an adjustment to the deferred tax assets would be credited to operations in the period such determination was made. Likewise, should the Company determine that it would not be able to realize all or part of its deferred tax assets in the future, an adjustment to the deferred tax assets would be charged to operations in the period such determination was made.
	The Company’s effective tax rate is different from the federal statutory rate of 35% due primarily to operating losses that receive no tax benefit as a result of a valuation allowance recorded for such losses.
	As of December 31, 2013, the Company had federal tax net operating loss carryforwards of approximately $12,000,000. The federal tax loss carryforwards will begin to expire in 2025, if not previously utilized.
	Pursuant to Internal Revenue Code Sections 382 and 383, use of the Company’s net operating loss and credit carryforwards may be limited if a cumulative change in ownership of more than 50% occurs within any three-year period since the last ownership change. The Company may have a change in control under these Sections. However, the Company does not anticipate performing a complete analysis of the limitation on the annual use of the net operating loss and tax credit carryforwards until the time that it projects it will be able to utilize these tax attributes.
	As of December 31, 2013, the Company does not have any unrecognized tax benefits related to various federal and state income tax matters.
	The Company is currently delinquent with respect to certain of its U.S. federal and applicable state income tax filings.
Stock-Based Compensation	'
	Stock-Based Compensation
	The Company periodically issues stock options and warrants to officers, directors and consultants for services rendered. Options vest and expire according to terms established at the grant date.
	The Company accounts for stock-based payments to officers and directors by measuring the cost of services received in exchange for equity awards based on the grant date fair value of the awards, with the cost recognized as compensation expense in the Company’s financial statements on a straight-line basis over the vesting period of the awards.
	The Company accounts for stock-based payments to consultants by determining the value of the stock compensation based upon the measurement date at either (a) the date at which a performance commitment is reached or (b) at the date at which the necessary performance to earn the equity instruments is complete.
	Options granted to outside consultants are revalued each reporting period to determine the amount to be recorded as an expense in the respective period. As the options vest, they are valued on each vesting date and an adjustment is recorded for the difference between the value already recorded and the then current value on the date of vesting.
	The fair value of stock options and warrants granted are estimated using the Black-Scholes option-pricing model.
Earnings Per Share	'
	Earnings Per Share
	The Company’s computation of earnings per share (“EPS”) includes basic and diluted EPS. Basic EPS is measured as the income (loss) available to common shareholders divided by the weighted average common shares outstanding for the period. Diluted EPS is similar to basic EPS but presents the dilutive effect on a per share basis of potential common shares (e.g., warrants and options) as if they had been converted at the beginning of the periods presented, or issuance date, if later. Potential common shares that have an anti-dilutive effect (i.e., those that increase income per share or decrease loss per share) are excluded from the calculation of diluted EPS.
	Loss per common share is computed by dividing net loss by the weighted average number of shares of common stock outstanding during the respective periods. Basic and diluted loss per common share is the same for all periods presented because all warrants and stock options outstanding are anti-dilutive.
	At June 30, 2013, the Company excluded outstanding warrants which entitle the holders thereof to acquire 80,000 shares of common from its calculation of earnings per share, as their effect would have been anti-dilutive. At June 30, 2014, the Company had no outstanding debt or securities which entitle the holders thereof to acquire shares of common stock.
Fair Value of Financial Instruments	'
	Fair Value of Financial Instruments
	The authoritative guidance with respect to fair value established a fair value hierarchy that prioritizes the inputs to valuation techniques used to measure fair value into three levels, and requires that assets and liabilities carried at fair value be classified and disclosed in one of three categories, as presented below. Disclosure as to transfers in and out of Levels 1 and 2, and activity in Level 3 fair value measurements, is also required.
	Level 1. Observable inputs such as quoted prices in active markets for an identical asset or liability that the Company has the ability to access as of the measurement date. Financial assets and liabilities utilizing Level 1 inputs include active-exchange traded securities and exchange-based derivatives.
	Level 2. Inputs, other than quoted prices included within Level 1, which are directly observable for the asset or liability or indirectly observable through corroboration with observable market data. Financial assets and liabilities utilizing Level 2 inputs include fixed income securities, non-exchange based derivatives, mutual funds, and fair-value hedges.
	Level 3. Unobservable inputs in which there is little or no market data for the asset or liability which requires the reporting entity to develop its own assumptions. Financial assets and liabilities utilizing Level 3 inputs include infrequently-traded non-exchange-based derivatives and commingled investment funds, and are measured using present value pricing models.
	The Company determines the level in the fair value hierarchy within which each fair value measurement falls in its entirety, based on the lowest level input that is significant to the fair value measurement in its entirety. In determining the appropriate levels, the Company performs an analysis of the assets and liabilities at each reporting period end.
Use of Estimates	'
	Use of Estimates
	The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities at the date of the financial statements and the reported amounts of expenses during the reporting period. Actual results could differ from those estimates.
Recent Accounting Pronouncements	'
	Recent Accounting Pronouncements
	On June 10, 2014, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update No. 2014-10 (ASU 2014-10), Development Stage Entities (Topic 915): Elimination of Certain Financial Reporting Requirements, Including an Amendment to Variable Interest Entities Guidance in Topic 810, Consolidation. ASU 2014-10 eliminates the requirement to present inception-to-date information about income statement line items, cash flows, and equity transactions, and clarifies how entities should disclosure the risks and uncertainties related to their activities. ASU 2014-10 also eliminates an exception provided to development stage entities in Consolidations (ASC Topic 810) for determining whether an entity is a variable interest entity on the basis of the amount of investment equity that is at risk. The presentation and disclosure requirements in Topic 915 will no longer be required for interim and annual reporting periods beginning after December 15, 2014, and the revised consolidation standards will take effect in annual periods beginning after December 15, 2015. Early adoption is permitted. The Company adopted the provisions of ASU 2014-10 effective for its financial statements for the interim period ended June 30, 2014. The adoption of ASU 2014-10 did not have any effect on the Company’s financial statement presentation or disclosures.
	On May 28, 2014, the FASB issued Accounting Standards Update No. 2014-09 (ASU 2014-09), Revenue from Contracts with Customers. ASU 2014-09 will eliminate transaction- and industry-specific 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 reporting periods beginning after December 15, 2016, and early adoption is not permitted. Entities can transition to the standard either retrospectively or as a cumulative-effect adjustment as of the date of adoption. The Company is currently evaluating the impact the adoption of ASU 2014-09 on the Company’s financial statement presentation and disclosures.
	In April 2014, the FASB issued Accounting Standards Update No. 2014-08 (ASU 2014-08), Presentation of Financial Statements (Topic 205) and Property, Plant and Equipment (Topic 360). ASU 2014-08 amends the requirements for reporting discontinued operations and requires additional disclosures about discontinued operations. Under the new guidance, only disposals representing a strategic shift in operations or that have a major effect on the Company’s operations and financial results should be presented as discontinued operations. This new accounting guidance is effective for annual periods beginning after December 15, 2014. The Company is currently evaluating the impact of the adoption of ASU 2014-08 on the Company’s financial statement presentation and 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.

Stockholders_Equity_Tables

Stockholders' Equity (Tables)	6 Months Ended
	Jun. 30, 2014
Equity [Abstract]	'
Summary of Common Stock Warrant Activity	'
	A summary of common stock warrant activity for the year ended December 31, 2013, and the six months ended June 30, 2014 is presented below.
							Weighted
							Average
					Weighted		Remaining
		Number			Average		Contractual
		Of			Exercise		Life
		Shares			Price		(in Years)
	Warrants outstanding at December 31, 2012		80,000		$	0.5
	Issued		—			—
	Exercised		—			—
	Expired		(80,000	)		0.5
	Warrants outstanding at December 31, 2013		—			—
	Issued		—			—
	Exercised		—			—
	Expired		—			—
	Warrants outstanding at June 30, 2014		—		$	—		—

Business_Operations_Details

Business Operations (Details) (USD $)	Jun. 30, 2014	Dec. 31, 2013
Organization, Consolidation and Presentation of Financial Statements [Abstract]	'	'
Working capital	$53,645	'
Accumulated deficit	($11,922,610)	($11,891,646)

Summary_of_Significant_Account2

Summary of Significant Accounting Policies (Details Narrative) (USD $)	6 Months Ended
	Jun. 30, 2014	Jun. 30, 2013
Accounting Policies [Abstract]	'	'
Federal statutory rate	35.00%	'
Federal net operating loss carryforwards	$12,000,000	'
Federal tax loss carryforwards, expiration year	'2025	'
Maximum percentage occurrence of cumulative change in ownership in net operating loss and credit carryforwards	50.00%	'
Outstanding warrants excluded from calculation of earnings per share, as effect would have been anti-dilutive.	'	80,000

Stockholders_Equity_Details_Na

Stockholders' Equity (Details Narrative) (USD $)	0 Months Ended	6 Months Ended	12 Months Ended				0 Months Ended
	1-May-14	Jun. 30, 2014	Dec. 31, 2012	Dec. 31, 2011	31-May-14	Dec. 31, 2013	21-May-14	1-May-14
							PacificWave Partners Limited [Member]	Series B Preferred Stock [Member]
							AccreditedInvestors
Shares of outstanding common stock acquired	2,307,767	'	'	'	'	'	'	'
Percentage of outstanding shares of common stock	83.90%	'	'	'	'	'	'	'
Cancellation of outstanding shares of Company's Series B preferred stock held by same stockholders.	'	'	'	'	'	'	'	100,000
Percentage of outstanding shares of preferred stock	'	'	'	'	'	'	'	100.00%
Amount owed to shareholders	$24,052	'	'	'	$24,052	$13,385	'	'
Sale of common stock shares	'	'	'	'	'	'	429,428	'
Sale of common stock shares, price per share	'	'	'	'	'	'	$0.33	'
Gross cash proceeds	'	'	'	'	'	'	140,303	'
Number of accredited investors	'	'	'	'	'	'	5	'
Costs associated with sale of shares charged to additional paid-in capital	'	-14,572	'	'	'	'	13,572	'
Funds received from prospective investors	'	'	'	209,977	'	'	'	'
Funds raised returned to investors	'	'	208,317	'	'	'	'	'
Other payables	'	$1,660	'	'	'	$1,660	'	'

Stockholders_Equity_Summary_of

Stockholders' Equity - Summary of Common Stock Warrant Activity (Details) (Warrant [Member], USD $)	6 Months Ended	12 Months Ended
	Jun. 30, 2014	Dec. 31, 2013
Warrant [Member]	'	'
Number Of Shares, Warrants outstanding, Beginning balance	'	80,000
Number Of Shares, Issued	'	'
Number Of Shares, Exercised	'	'
Number Of Shares, Expired	'	-80,000
Number Of Shares, Warrants outstanding, Ending balance	'	'
Weighted Average Exercise Price, Outstanding, Beginning	'	$0.50
Weighted Average Exercise Price, Issued	'	'
Weighted Average Exercise Price, Exercised	'	'
Weighted Average Exercise Price, Expired	'	$0.50
Weighted Average Exercise Price, Outstanding, Ending	'	'
Weighted Average Remaining Contractual Life (in Years), Outstanding	'0 years	'

Related_Party_Transactions_Det

Related Party Transactions (Details Narrative) (USD $)	3 Months Ended	6 Months Ended					0 Months Ended
	Jun. 30, 2014	Jun. 30, 2014	Jun. 30, 2013	31-May-14	1-May-14	Dec. 31, 2013	21-May-14
							PacificWave Partners Limited [Member]
Advances from shareholders during period	$0	$10,667	'	'	'	'	'
Due to shareholders	'	'	'	24,052	24,052	13,385	'
Cash fees payment associated with one of the ultimate non-U.S. shareholders	'	-14,572	'	'	'	'	13,572
Cash compensation	$2,000	'	'	'	'	'	'