Amaru (AMRU) 10-K 15 Apr 14 2013 FY Annual report Financial data

Document_and_Entity_Informatio

Document and Entity Information (USD $)	12 Months Ended
	Dec. 31, 2013	Apr. 08, 2014
Document And Entity Information	'	'
Entity Registrant Name	'AMARU INC	'
Entity Central Index Key	'0001139822	'
Document Type	'10-K	'
Document Period End Date	31-Dec-13	'
Amendment Flag	'false	'
Current Fiscal Year End Date	'--12-31	'
Is Entity a Well-known Seasoned Issuer?	'No	'
Is Entity a Voluntary Filer?	'No	'
Is Entity's Reporting Status Current?	'Yes	'
Entity Filer Category	'Smaller Reporting Company	'
Entity public Float	'	$1,790,863
Entity Common Stock, Shares Outstanding	'	202,911,033
Document Fiscal Period Focus	'FY	'
Document Fiscal Year Focus	'2013	'

CONSOLIDATED_BALANCE_SHEETS

CONSOLIDATED BALANCE SHEETS (USD $)	Dec. 31, 2013	Dec. 31, 2012
Current assets	'	'
Cash	$33,338	$33,460
Accounts receivable, net of allowance of $247,590 and $265,671 at December 31, 2013 and 2012 respectively	18,781	54,714
Equity securities held for trading	0	598,429
Other current assets	183,666	256,061
Total current assets	235,785	942,664
Non-current assets	'	'
Property, plant and equipment, net	2,938	7,256
Investments, net	0	1,550,503
Total non-current assets	2,938	1,557,759
TOTAL ASSETS	238,723	2,500,423
Current liabilities	'	'
Accounts payable and accrued expenses	1,543,354	1,081,530
Advances from related parties	300,403	'
Term loan	1,499,750	1,898,470
Total current liabilities	3,343,507	3,280,403
Non-current liabilities	'	'
Capital lease payable - long term	0	0
Total non-current liabilities	0	0
Total liabilities	3,340,673	3,280,403
Stockholders' (deficit)	'	'
Preferred stock (par value $0.001) 25,000,000 shares authorized; 9,247,478 and 6,643,054 shares issued and outstanding at December 31, 2013 and 2012, respectively	9,247	6,643
Common stock (par value $0.001) 400,000,000 shares authorized; 194,656,710 shares issued and outstanding at December 31, 2013 and 2012, respectively	194,657	194,657
Additional paid-in capital	43,131,009	42,797,837
Accumulated Deficit	-42,759,864	-40,251,993
Total stockholder's equity	575,049	2,747,144
Noncontrolling interests	-3,679,833	-3,527,124
Total stockholders' (deficit)	-3,104,784	-779,980
TOTAL LIABILITIES AND STOCKHOLDERS' (DEFICIT)	$238,723	$2,500,423

CONSOLIDATED_BALANCE_SHEETS_Pa

CONSOLIDATED BALANCE SHEETS (Parenthetical) (USD $)	Dec. 31, 2013	Dec. 31, 2012
Current assets	'	'
Allowance for accounts receivable	$247,590	$265,671
Stockholders' equity	'	'
Preferred stock par value	$0.00	$0.00
Preferred stock shares authorized	25,000,000	25,000,000
Preferred stock shares issued	9,247,478	6,643,054
Preferred stock shares outstanding	9,247,478	6,643,054
Common stock par value	$0.00	$0.00
Common stock shares authorized	400,000,000	400,000,000
Common stock shares issued	194,656,710	194,656,710
Common stock shares outstanding	194,656,710	194,656,710

CONSOLIDATED_STATEMENTS_OF_OPE

CONSOLIDATED STATEMENTS OF OPERATIONS AND OTHER COMPREHENSIVE INCOME (LOSS) (USD $)	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012
Consolidated Statements Of Operations And Other Comprehensive Income Loss	'	'
Revenues	$27,924	$19,012
Cost of services	-146,060	-89,845
Gross (loss)	-118,136	-70,833
Operating expenses	'	'
Distribution costs	47,374	50,538
Bad debts	72,979	0
Administrative expenses	837,953	854,540
Total expenses	958,306	905,078
Loss from operations	-1,076,442	-975,911
Other income (expenses)	'	'
Interest expenses	-96,042	-135,358
Interest income	0	13
Gain on disposal of equipment	0	66,506
(Loss) gain on sales of securities	-45,991	264,756
Impairment loss on investment	-1,550,503	0
Net change in fair value of securities held for trading	-42,196	865,429
Other	150,594	70,398
Income (loss) before income taxes	-2,660,580	155,833
Provision for (benefit from) income taxes	0	0
Net income (loss) before non-controlling interests	-2,660,580	155,833
Non-controlling interests	-152,709	53,480
Net (loss) income	($2,507,871)	$102,353
Earnings per share, basic	($0.01)	$0
Earnings per share, diluted	($0.01)	$0
Weighted average shares outstanding , basic	202,001,962	200,774,492
Weighted average shares outstanding , diluted	202,001,962	200,774,492

CONSOLIDATED_STAEMENT_OF_STOCK

CONSOLIDATED STAEMENT OF STOCKHOLDERS' EQUITY (DEFICIT) (USD $)	Preferred stock	Common Stock	Additional Paid-In Capital	Accumulated Deficit	Minority Interest	Total
Beginning balance, value at Dec. 31, 2011	$5,082	$194,657	$42,565,234	($40,354,346)	($3,580,604)	($1,169,977)
Beginning balance, shares at Dec. 31, 2011	5,081,951	194,656,710	'	'	'	'
Subscribed preferred stock issued, shares	1,561,103	'	'	'	'	'
Subscribed preferred stock issued, value	1,561	'	232,603	'	'	232,164
Net income/loss	'	'	'	102,353	53,480	155,833
Ending balance, value at Dec. 31, 2012	6,643	194,657	42,797,837	-40,251,993	-3,527,124	-779,980
Ending balance, shares at Dec. 31, 2012	6,643,054	194,656,710	'	'	'	'
Subscribed preferred stock issued, shares	2,604,424	'	'	'	'	'
Subscribed preferred stock issued, value	2,604	'	333,172	'	'	335,776
Net income/loss	'	'	'	-2,507,871	-152,709	-2,660,580
Ending balance, value at Dec. 31, 2013	$9,247	$194,657	$43,131,009	($42,759,864)	($3,679,833)	($3,104,784)
Ending balance, shares at Dec. 31, 2013	9,247,478	194,656,710	'	'	'	'

CONSOLIDATED_STATEMENTS_OF_CAS

CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012
Cash flows from operating activities	'	'
Net income (loss) before non-controlling interests	($2,660,580)	$155,833
Adjustment to reconcile net income to net cash provided by (used in) operating activities:	'	'
Depreciation	5,847	38,689
Impairment loss on investments	1,550,503	0
Net change in fair value of securities held for trading	42,196	-865,429
Loss (gain) from sales of securities	45,991	-264,756
Changes in operating assets and liabilities	'	'
Decrease (increase) in accounts receivable	35,933	-41,829
Decrease in other current assets	72,395	8,308
Increase in accounts payable and accrued expenses	461,824	68,644
Net cash used in operating activities	-445,891	-900,540
CASH FLOWS FROM INVESTING ACTIVITIES	'	'
Acquisition of equipment	-1,529	-6,147
Cash proceeds from sales of securities	510,242	1,116,160
Net cash provided by investing activities	508,713	1,110,013
Cash flows from financing activities	'	'
Payable to related parties	0	-62
Repayment of obligations under capital lease	0	-27,933
Repayment of term loan	-398,720	-601,530
Issuance of preferred stock for cash	335,776	234,164
Net cash used in financing activities	-62,944	-395,361
Net decrease in cash	-122	-185,888
Cash and cash equivalents at beginning of year	33,460	219,348
Cash and cash equivalents at end of year	33,338	33,460
Supplemental disclosure of cash flow information	'	'
Cash paid for interest	0	0
Cash paid for income taxes	$0	$0

1_ORGANIZATION

1. ORGANIZATION	12 Months Ended
	Dec. 31, 2013
Organization, Consolidation and Presentation of Financial Statements [Abstract]	'
ORGANIZATION	'
	Amaru, Inc. and Subsidiaries (the "Company") is developing the business of broadband entertainment-on-demand, streaming via computers, television sets, PDAs (personal digital assistant) and the provision of broadband services. Its business includes channel and program sponsorship (advertising and branding); online subscriptions, channel/portal development (digital programming services); content aggregation and syndication, broadband consulting services, broadband hosting and streaming services and e-commerce.
	The Company was also previously in the business of digit gaming (lottery). That license has been suspended.
	The key business focus of the Company is to establish itself as the provider and creator of a new generation of entertainment-on-demand and e-commerce channels on broadband, and 3G (third generation) devices.
	The Company delivers both wire and wireless solutions, streaming via computers, TV sets, PDAS and 3G hand phones.
	The Company's business model in the area of broadband entertainment includes e-services, which the Company believes will provide it with multiple streams of revenue. Such revenues is derived from advertising and branding (channel and program sponsorship); on-line subscriptions; channel/portal development (digital programming services); content aggregation and syndication; broadband consulting services; broadband hosting and streaming services; and on-line dealerships and pay per view services.

2_SUMMARY_OF_SIGNIFICANT_ACCOU

2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	12 Months Ended
	Dec. 31, 2013
Accounting Policies [Abstract]	'
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	'
	Basis of accounting and presentation
	The consolidated financial statements include the financial statements of Amaru, Inc. and its majority owned subsidiaries. All significant intercompany balances and transactions have been eliminated in consolidation. In addition, the Company evaluates its relationships with other entities to identify whether they are variable interest entities as defined by Financial Accounting Standards Board ("FASB") Accounting Standards Codification ("ASC") Section 810, "Consolidation" and assesses whether it is the primary beneficiary of such entities. If the determination is made that the Company is the primary beneficiary, then that entity is included in the consolidated financial statements in accordance with ASC 810.
	Presentation as a going concern
	The accompanying consolidated financial statements have been prepared in conformity with accounting principles generally accepted in the United States of America, which contemplate continuation of the Company as a going concern. The Company has an accumulated deficit of $42,759,864 and $41,220,399 at December 31, 2013 and 2012, respectively. The Company also has a working capital deficit of $3,107,722 and $2,337,776 at December 31, 2013 and 2012, respectively. The Company has had difficulty in raising adequate additional funding.
	The items discussed above raise substantial doubts about the Company’s ability to continue as a going concern. The Company will require additional financing in order to execute its operating plan and continue as a going concern. The Company cannot predict whether this additional financing will be in the form of equity, debt or another form. The Company may not be able to obtain the necessary additional capital on a timely basis, on acceptable terms, or at all. Should financing sources fail to materialize, management would seek alternate funding sources such as the sale of common and/or preferred stock, the issuance of debt or other means. The Company plans to attempt to address its working capital deficiency by increasing its sales, maintaining strict expense controls and seeking strategic alliances.
	In the event that these financing sources do not materialize, or the Company is unsuccessful in increasing its revenues and attaining profitable operations, the Company will be forced to further reduce its costs, may be unable to repay its debt obligations as they become due or respond to competitive pressures, any of which circumstances would have a material adverse effect on its business, prospects, financial condition and results of operations.
	The financial statements do not include any adjustments relating to the recoverability and reclassification of recorded asset amounts or amounts and classification of liabilities that might be necessary, should the Company be unable to continue as a going concern.
	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 certain reported amounts of assets and liabilities and disclosures of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting periods. Actual results could differ from those estimates.
	Cash and cash equivalents
	The Company considers all demand and time deposits and all highly liquid investments with an original maturity of three months or less to be cash equivalents.
	Accounts receivable
	Accounts receivable is stated at cost, net of an allowance for doubtful accounts, if required. Receivables outstanding longer than the payment terms are considered past due. The Company maintains an allowance for doubtful accounts for estimated losses when necessary resulting from the failure of customers to make required payments. The Company reviews the accounts receivable on a periodic basis and makes allowances where there is doubt as to the collectability of individual balances. In evaluating the collectability of individual receivable balances, the Company considers many factors, including the age of the balance, the customer's payment history, its current credit-worthiness and current economic trends.
	The Company’s primary exposure to credit risk arises through its accounts receivable. The credit risk on liquid funds is limited because the counterparties are banks with high credit ratings assigned by international credit-rating agencies.
	Film library
	Investment in the Company's film library includes movies, dramas, comedies and documentaries in which the Company has acquired distribution rights from a third party. For acquired films, these capitalized costs consist of minimum guarantee payments to acquire the distribution rights. Costs of acquiring the Company's film libraries are amortized using the individual-film-forecast method in accordance with ASC 926, " Entertainment—Films " whereby these costs are amortized and participations and residuals costs are accrued in the proportion that current year's revenue bears to management's estimate of ultimate revenue at the beginning of the current year expected to be recognized from the exploitation, exhibition or sale of the films. Ultimate revenue for acquired films includes estimates over a period not to exceed twenty years following the date of acquisition. Investments in films are stated at the lower of amortized cost or estimated fair value.
	The valuation of investment in films is reviewed on an overall basis, when an event or change in circumstances indicates that the fair value of the film library is less than its unamortized cost. The fair value of the film is determined using management's future revenue and cost estimates and a discounted cash flow approach. Additional amortization is recorded in the amount by which the unamortized costs exceed the estimated fair value of the film. Estimates of future revenue involve measurement uncertainty and it is therefore possible that reductions in the carrying value of investment in films may be required as a consequence of changes in management's future revenue estimates.
	The Company most recently completed an impairment evaluation in the fourth quarter of fiscal year 2009. The film library was determined to be impaired during the year ended December 31, 2009. In conducting the analysis, the Company used a discounted cash flow approach in estimating fair value as market values could not be readily determined given the unique nature of the respective assets. Based upon the analysis the Company determined that carrying amount of the film library exceeded its fair value by $19,166,406, as reflected Note 7.
	Property and equipment
	Property, plant and equipment are recorded at cost, less accumulated depreciation. Cost includes the price paid to acquire or construct the asset, including capitalized interest during the construction period, and any expenditures that substantially increase the assets value or extend the useful life of an existing asset. Depreciation is computed using the straight-line method over the estimated useful lives of the assets. Major repairs and betterments that significantly extend original useful lives or improve productivity are capitalized and depreciated over the periods benefited. Maintenance and repairs are generally expensed as incurred. The estimated useful lives of the assets range from 3 to 5 years.
	Intangible assets
	Intangible assets consist of gaming, software license and product development costs. Intangible assets which were purchased for a specific period are stated at cost less accumulated amortization and impairment losses. Such intangible assets are reviewed for impairment in accordance with ASC 350, " Intangibles—Goodwill and Other ". Such intangible assets are amortized over the period of the contract, which is 2 to 18 years.
	Equity method investment
	An equity method investment is an entity over which the group has significant influence and that is neither a subsidiary nor an interest in a joint venture. Significant influence is the power to participate in the financial and operating policy decisions of the investee but is not control or joint control over those policies. In accordance with ASC Section 323, results and assets and liabilities of equity method investments are incorporated in these financial statements using the equity method of accounting. Under the equity method, investments are carried in the consolidated balance sheet at cost as adjusted for post-acquisition changes in the group's share of the net assets of the equity method investment, less any impairment in the value of individual investments. Losses of an equity method investment in excess of the group's interest in that equity method investment (which includes any long-term interests that, in substance, form part of the Company's net investment in the equity method investment) are not recognized, unless the group has incurred legal or constructive obligations or made payments on behalf of the equity method investment.
	Any excess of the cost of acquisition over the Company's share of the net fair value of the identifiable assets, liabilities and contingent liabilities of the equity method investment recognized at the date of acquisition is recognized as goodwill. The goodwill is included within the carrying amount of the investment and is assessed for impairment as part of the investment. Any excess of the Company's share of the net fair value of the identifiable assets, liabilities and contingent liabilities over the cost of acquisition, is recognized immediately in the consolidated profit and loss statement.
	Where a consolidated entity transacts with an equity method investee of the group, profits and losses are eliminated to the extent of the consolidated interest in the relevant Equity Method Investments.
	Investments
	The Company classifies its investments in marketable equity and debt securities as "available-for-sale," "held to maturity" or "trading" at the time of purchase in accordance with ACS Section 320 “Investments - Debt and Equity Securities.” Equity securities held for trading as of December 31, 2013 and December 31, 2012 were nil, and $598,429, respectively. The changes relates to a realized loss of $42,196 and an unrealized gain of $14,023, for December 31, 2013 and 2012, respectively.
	Available-for-sale securities are carried at fair value with unrealized gains and losses, net of related tax, if any, reported as a component of other comprehensive income (loss) until realized. Realized gains and losses from the sale of available-for-sale securities are determined on a specific-identification basis. A decline in the market value of any available-for-sale security below cost that is deemed to be other than temporary will result in an impairment, which is charged to earnings.
	Investments that are not publicly traded or have resale restrictions greater than one year are accounted for at cost. The Company's cost method investments include companies involved in the broadband and entertainment industry. The Company uses available qualitative and quantitative information to evaluate all cost method investments for impairment at least annually. An impairment is booked when there is an other-than-temporary difference between the carrying amount and fair value of the investment that would result in a loss.
	Valuation of long-lived assets
	The Company accounts for long-lived assets under ASC 360, “Property, Plant, and Equipment”. Management assesses the recoverability of its long-lived assets, which consist primarily of fixed assets and intangible assets with finite useful lives, whenever events or changes in circumstance indicate that the carrying value may not be recoverable. The following factors, if present, may trigger an impairment review: (i) significant underperformance relative to expected historical or projected future operating results; (ii) significant negative industry or economic trends; (iii) significant decline in the Company's stock price for a sustained period; and (iv) a change in the Company's market capitalization relative to net book value. If the recoverability of these assets is unlikely because of the existence of one or more of the above-mentioned factors, an impairment analysis is performed using a projected discounted cash flow method. Management must make assumptions regarding estimated future cash flows and other factors to determine the fair value of these respective assets. If these estimates or related assumptions change in the future, the Company may be required to record an impairment charge. Impairment charges would be included in the Company's consolidated statements of operations, and would result in reduced carrying amounts of the related assets on the Company's consolidated balance sheets.
	Fair value of financial instruments
	ASC 820 establishes a fair value hierarchy that prioritizes the inputs to valuation techniques used to measure fair value. The hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1 measurements) and the lowest priority to unobservable inputs (Level 3 measurements). The three levels of the fair value hierarchy under ASC 820 are described below:
	Level 1 Inputs – Unadjusted quoted market prices in active markets that are accessible at the measurement date for identical, unrestricted assets or liabilities.
	Level 2 Inputs – Quoted prices in markets that not active, or inputs that are observable, either directly or indirectly, for substantially the full term of the asset or liability.
	Level 3 Inputs – Prices or valuation techniques that require inputs that are both significant to the fair value measurement and unobservable (supported by little or no market activity).
	The following table sets forth the Company's financial assets and liabilities measured at fair value by level within the fair value hierarchy. As required by ASC 820, assets and liabilities are classified in their entirety based on the lowest level of input that is significant to the fair value measurement.
	Fair values of the Company's financial assets and liabilities as of December 31, 2013 are as follows:
		Total		Level 1		Level 2		Level 3
	Assets:
	Equity securities held for trading	$	–	$	–	$	–	$	–
		$	–	$	–	$	–	$	–
	Fair values of the Company's financial assets and liabilities as of December 31, 2012 are as follows:
		Total		Level 1		Level 2		Level 3
	Assets:
	Equity securities held for trading	$	598,429	$	598,429	$	–	$	–
		$	598,429	$	598,429	$	–	$	–
	Advances from related party
	Advances from a director and related party of $300,403 at December 31, 2013 are unsecured, non-interest bearing and payable on demand.
	Foreign currency translation
	Transactions in foreign currencies are measured and recorded and translated to the reporting currency, U.S. dollars, using the Company's prevailing month exchange rate. At the balance sheet date, recorded monetary balances that are denominated in a foreign currency are adjusted to reflect the rate at the balance sheet date and the income statement accounts using the average exchange rates throughout the period. Translation gains and losses are recorded in stockholders' equity as other Comprehensive income and realized gains and losses from foreign currency transactions are reflected in operations. Translation gains or losses as of December 31, 2013 and 2012 were not material to the consolidated financial statements.
	Revenues
	The Company's primary sources of revenue are from the sales of advertising space on interactive websites owned by the Company; distribution and licensing of content to partners and broadband consulting services.
	The Company recognizes revenue in accordance with ASC 605-10. Revenue is recognized only when the price is fixed or determinable, persuasive evidence of an arrangement exists, the service or product is performed or delivered and collectability of the resulting receivable is reasonably assured.
	Website advertising revenue is recognized on a cost per thousand impressions (CPM) or cost per click (CPC), and flat-fee basis. The Company earns CPM or CPC revenue from the display of graphical advertisements. An impression is delivered when an advertisement appears in pages viewed by users. Revenue from graphical advertisement impressions is recognized based on the actual impressions delivered in the period. Revenue from flat-fee services is based on a customer's period of contractual service and is recognized on a straight-line basis over the term of the contract. Proceeds from subscriptions are deferred and are included in revenue on a pro-rata basis over the term of the subscriptions.
	The Company enters into contractual arrangements with customers to license and distribute content; revenue is earned from content licenses, and content syndication. Agreements with these customers are typically for multi-year periods. For each arrangement, revenue is recognized when both parties have signed an agreement, the fees to be paid by the customer are fixed or determinable, collection of the fees is probable, the delivery of the service has occurred, and no other significant obligations on the part of the Company remain. Licensing and content syndication revenue is recognized when the license period begins, and the contents are available for exploitation by customer, pursuant to the terms of the license agreement.
	The Company enters into contractual arrangements with customers on broadband consulting services and on-line turnkey solutions. Revenue is earned over the period in which the services are rendered. For each arrangement, revenue is recognized when a written agreement between both parties exist, the fees to be paid by the customer are fixed or determinable, collection of the fees is probable, and fulfillment of the obligations under the agreement has occurred, Revenue from broadband consulting services and on-line turnkey solutions is recognized over the period in which the services are rendered, by reference to completion of the specific transaction assessed on the basis of the actual services provided as a proportion of the total services to be performed. It is generally recognized from the date of acceptance and fulfillment of obligations under the sale and purchase agreement.
	Cost of services
	The cost of services pertaining to advertising and sponsorship revenue and subscription and related services are cost of bandwidth charges, channel design and alteration, copyright licensing, and hardware hosting and maintenance costs. The cost of services pertaining to E-commerce revenue is channel design and alteration, and hardware hosting and maintenance costs. All these costs are accounted for in the period incurred.
	Income taxes
	Deferred income taxes are determined using the liability method in accordance with ASC 740, “Income Taxes.” Deferred tax assets and liabilities are recognized for the future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases. Deferred income taxes are measured using enacted tax rates expected to apply to taxable income in years in which such temporary differences are expected to be recovered or settled. The effect on deferred income taxes of a change in tax rates is recognized in the statement of income of the period that includes the enactment date. In addition, a valuation allowance is established to reduce any deferred tax asset for which it is determined that it is more likely than not that some portion of the deferred tax asset will not be realized.
	The Company files income tax returns in the United States Federal jurisdiction and certain states in the United States and certain other foreign jurisdictions. The Company is beyond the statute of limitations subjecting it to U.S. Federal and state income tax examinations by tax authorities for years before 2008. No income tax returns are currently under examination by any tax authorities.
Income (loss) per share or Earnings (loss) per share
The Company computes net income (loss) per common share in accordance with FASB ASC 260, "Earnings Per Share" ("ASC 260") and SEC SAB 98. Under the provisions of ASC 260 and SAB 98, basic net income (loss) per common share is computed by dividing the net income (loss) available to common shareholders by the weighted average number of shares of common stock outstanding during the period. Diluted income per common share is computed by dividing the amount available to common shareholders by the weighted average number of shares of common stock outstanding plus the effect of any dilutive shares outstanding during the period. The Company has no common stock equivalents, which would dilute earnings per share.
Advertising
The cost of advertising is expensed as incurred. For the years ended December 31, 2013 and 2012, the Company incurred advertising expenses of $6,823 and $8,859, respectively.
Reclassifications
Certain amounts in the previous periods presented have been reclassified to conform to the current year financial statement presentation.

3_RECENTLY_ISSUED_ACCOUNTING_S

3. RECENTLY ISSUED ACCOUNTING STANDARDS	12 Months Ended
	Dec. 31, 2013
Notes to Financial Statements	'
RECENTLY ISSUED ACCOUNTING STANDARDS	'
	On March 5, 2013, the FASB issued ASU 2013-05 to provide guidance for whether to release cumulative translation adjustments ("CTA") upon certain derecognition events. The update was issued to resolve the diversity in practice about whether Subtopic ASC 810-10, "Consolidation-Overall, " or ASC 830-30, "Foreign Currency Matters-Translation of Financial Statements, " applies to such transactions. ASU 2013-05 is effective prospectively for all entities with derecognition events after the effective date. For public entities, the guidance is effective for fiscal years, and interim periods within those years, beginning after December 31, 2013. ASC 830-30 applies when an entity ceases to have a controlling financial interest in a subsidiary or group of assets that is a business within a foreign entity. Consequently, the CTA is released into net income only if the transaction results in complete or substantially complete liquidation of the foreign entity in which the subsidiary or group of assets resided. Otherwise, no portion of the CTA is released. The adoption of this pronouncement is not expected to have a significant impact on the Company's consolidated financial condition or results of operations.
	In July 2012, the FASB issued an authoritative pronouncement related to testing indefinite-lived intangible assets, other than goodwill, for impairment. Under the pronouncement, entities testing indefinite-lived intangible assets for impairment would have the option of performing a qualitative assessment before calculating the fair value of the asset. If an entity determines, on the basis of qualitative factors, that the indefinite-lived intangible asset is not more likely than not impaired, a quantitative fair value calculation would not be needed. The amendments are effective for annual and interim impairment tests performed for fiscal years beginning after September 15, 2012. Early adoption is permitted. The adoption of this pronouncement did not have a significant impact on the Company's consolidated financial condition or results of operations.
	In December 2011, the FASB issued ASU No. 2011-11, Balance Sheet (Topic 210): Disclosures about Offsetting Assets and Liabilities. Offsetting, otherwise known as netting, is the presentation of assets and liabilities as a single net amount in the statement of financial position (balance sheet). U.S. GAAP allows companies the option to present net in their balance sheets derivatives that are subject to a legally enforceable netting arrangement with the same party where rights of set-off are only available in the event of default or bankruptcy.
	ASU 2011-11 requires an entity to disclose information about offsetting and related arrangements to enable users of its financial statements to understand the effect of those arrangements on its financial position. An entity is required to apply the amendments for annual reporting periods beginning on or after January 1, 2013, and interim periods within those annual periods. An entity should provide the disclosures required by those amendments retrospectively for all comparative periods presented. The adoption of this guidance did not have a material impact on the Company's financial statements.

4_EQUITY_SECURITIES_HELD_FOR_T

4. EQUITY SECURITIES HELD FOR TRADING INVESTMENT	12 Months Ended
	Dec. 31, 2013
Investments, Debt and Equity Securities [Abstract]	'
EQUITY SECURITIES HELD FOR TRADING INVESTMENT	'
		December 31,		December 31,
		2013		2012
	Quoted equity security, at fair value.	$	–	$	598,429
	The fair value of quoted security is based on the quoted closing market price on the date of sale. The investment in quoted equity security at fair value includes a realized loss of $42,196 for the year ended December 31, 2013 and unrealized gain of $14,023 for the year ended December 31, 2012.
	The Company's equity securities held for trading investment is denominated in Indonesian Ruppiah.

5_OTHER_CURRENT_ASSETS

5. OTHER CURRENT ASSETS	12 Months Ended
	Dec. 31, 2013
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]	'
OTHER CURRENT ASSETS	'
	Other current assets consist of the following:
		December 31,		December 31,
		2013		2012
	Prepayments	$	26,111	$	49,355
	Deposits		35,685		38,125
	Loan receivable		100,000		100,000
	Other receivables		21,870		68,581
		$	183,666	$	256,061
	A $100,000 non-interest bearing loan that was made to a third party has been included in other receivables as of December 31, 2013 and December 31, 2012.

6_PROPERTY_AND_EQUIPMENT

6. PROPERTY AND EQUIPMENT	12 Months Ended
	Dec. 31, 2013
Property, Plant and Equipment [Abstract]	'
PROPERTY AND EQUIPMENT	'
	Property and equipment consist of the following:
		December 31,			December 31,
		2013			2012
	Office equipment	$	930,709		$	929,179
	Motor vehicle		11,000			11,000
	Furniture, fixture and fittings		89,960			89,960
	Pony set-top boxes		843,946			843,946
			1,875,615			1,874,085
	Accumulated depreciation		(1,872,677	)		(1,866,829	)
		$	2,938		$	7,256
	Depreciation expense was $5,847 for the year ended December 31, 2013 and $38,689 for the year ended December 31, 2012.

7_FILM_LIBRARY

7. FILM LIBRARY	12 Months Ended
	Dec. 31, 2013
Film Library	'
FILM LIBRARY	'
	Film library consist of the following:
		December 31,			December 31,
		2013			2012
	Acquired film library	$	23,686,731		$	23,686,731
	Accumulated amortization		(4,520,325	)		(4,520,325	)
			19,166,406			19,166,406
	Impairment of film library		(19,166,406	)		(19,166,406	)
	Film library	$	–		$	–
	Amortization expense was $0 for the years ended December 31, 2013 and 2012, respectively.

8_INTANGIBLE_ASSETS

8. INTANGIBLE ASSETS	12 Months Ended
	Dec. 31, 2013
Goodwill and Intangible Assets Disclosure [Abstract]	'
INTANGIBLE ASSETS	'
	Intangible assets consist of the following:
		December 31,			December 31,
		2013			2012
	Finite-lived intangible assets
	Gaming license	$	7,090,000		$	7,090,000
	Product development expenditures		719,220			719,220
	Software license		12,649			12,649
			7,821,869			7,821,869
	Accumulated amortization		(1,974,328	)		(1,974,328	)
			5,847,541			5,847,541
	Impairment loss		(5,847,541	)		(5,847,541	)
		$	–		$	–
	Amortization expense was $0 for the year ended December 31, 2013 and 2012, respectively.

9_INVESTMENTS_NET

9. INVESTMENTS - NET	12 Months Ended
	Dec. 31, 2013
Investments, All Other Investments [Abstract]	'
INVESTMENTS - NET	'
	Investments held at cost consist of the following:
		December 31,			December 31,
		2013			2012
	Current:
	Unquoted securities	$	–		$	–
			–			–
	Non-current:
	Unquoted securities		2,802,613			2,802,613
	Impairment on unquoted securities		(2,802,613	)		(1,252,110	)
		$	-		$	1,550,503
	The Company's $2,802,613 investment at cost relates to a casino that operates in Cambodia. This investment is subject to numerous risks, including:
	-difficulty enforcing agreements through the Cambodia's legal system;
	-general economic and political conditions in Cambodia; and
	-the Cambodian government may adopt regulations or take other actions that could directly or indirectly harm the equity method investment's business and growth strategy.
	The occurrence of any one of the above risks could harm the cost method investment's business and results of operations. Management reviews this investment on a quarterly basis. For the years ended December 31, 2013 and 2012, charges of $1,550,503 and nil were recorded for investment, respectively.

10_COMMITMENTS

10. COMMITMENTS	12 Months Ended
	Dec. 31, 2013
Commitments and Contingencies Disclosure [Abstract]	'
COMMITMENTS	'
	Operating Leases
	The Company leases one of its offices at a monthly rental of approximately $9,834 under an operating lease which expired on August 14, 2012 and subsequently renewed until August 14, 2014. Total rental expense under operating leases for the year ended December 31, 2013 and 2012 was $115,231 and $114,074, respectively. As of December 31, 2013, the future minimum lease payments are as follows:
	For the year ended
	December 31,	Operating
	2014		71,174
		$	71,174

11_INCOME_TAXES

11. INCOME TAXES	12 Months Ended
	Dec. 31, 2013
Income Tax Disclosure [Abstract]	'
INCOME TAXES	'
	The Company files separate tax returns for Singapore and the United States of America.
	The Company had approximately $5,200,000 and $4,500,000 in deferred tax assets as of December 31, 2013 and 2012, respectively. The Company provided a full allowance of $5,200,000 and $4,500,000 as of December 31, 2013 and 2012, respectively.
	The Company had available approximately $8,100,000 of unused U.S. net operating loss carry-forwards at December 31, 2013, that may be applied against future taxable income. These net operating loss carry-forwards expire for U.S. income tax purposes beginning in 2033. There is no assurance the Company will realize the benefit of the net operating loss carry-forwards.
	The Company requires a valuation allowance to be recorded when it is more likely than not that some or all of the deferred tax assets will not be realized. As of December 31, 2013, the Company maintained a valuation allowance for the U.S. deferred tax asset due to uncertainties as to the amount of the taxable income from U.S. operations that will be realized.
	The Company had available approximately $11,300,000 and $11,200,000 of unused Singapore tax losses and capital allowance carry-forwards at December 31, 2013 and 2012, respectively, that may be applied against future Singapore taxable income indefinitely provided the company satisfies the shareholdings test for carry-forward of tax losses and capital allowances.

12_CONVERTIBLE_TERM_LOAN

12. CONVERTIBLE TERM LOAN	12 Months Ended
	Dec. 31, 2013
Debt Disclosure [Abstract]	'
CONVERTIBLE TERM LOAN	'
		December 31,		December 31,
		2013		2012
	Current:
	Convertible loan	$	1,499,750	$	1,898,470
		$	1,499,750	$	1,898,470
	The convertible loan represents a two year convertible loan drawn down by a subsidiary company, M2B World Asia Pacific Pte. Ltd. It bears interest at a fixed rate of 5.0% per annum. The loan allowed the lender the option to convert the loan into shares of the subsidiary company at the issue price of $0.942 per share at the end of the two year period. The due date of the loan was July 7, 2010. The conversion period of the convertible loan was extended for an additional twelve months commencing July 8, 2010 and was further extended to June 29, 2012. M2B World Asia Pacific Pte. Ltd. is negotiating to obtain further extension on the convertible loan. The accrued interest was $96,042 and $130,602 as of December 31, 2013 and 2012, respectively.

13_CONTINGENCIES

13. CONTINGENCIES	12 Months Ended
	Dec. 31, 2013
Commitments and Contingencies Disclosure [Abstract]	'
13. CONTINGENCIES	'
	On October 16, 2013, M2B World Asia Pacific Pte Ltd. (“Plaintiff”), a subsidiary of the Company, filed a civil claim against a director (“Defendant”) of a subsidiary of a company listed on the Singapore Stock Exchange for repayment of US$1,000,000, representing a commission received in advance by the Defendant in exchange for procurement of a significant advertising contract on the Plaintiffs behalf. On March 7, 2014, a judgment was rendered in favor of the Plaintiff in the sum of US$1,000,000 and interest at the rate of 5.33% per annum from the date of the claim. On April 7, 2014, the Defendant filed an appeal to the highest court.
	The outcome of this claim is uncertain as of the date of report. The consolidated financial statements do not include any adjustments that might result from the outcome of this uncertainty.

14_SUBSEQUENT_EVENTS

14. SUBSEQUENT EVENTS	12 Months Ended
	Dec. 31, 2013
Subsequent Events [Abstract]	'
SUBSEQUENT EVENTS	'
	The following subsequent events have occurred through the filing date of this report, April 15, 2014.
	From January 23, 2014 to March 17, 2014, the Company issued a total of 2,440,000 shares of Series B Convertible Preferred Stock ("Preferred Stock") through its private placement of shares of Preferred Stock at a purchase price of $0.10 per share for a total amount of $244,000, to "accredited investors", as that term is defined in Regulation D of the Securities Act of 1933. Each share of Series B Convertible Preferred Stock is convertible into ten (10) shares of common stock

2_SUMMARY_OF_SIGNIFICANT_ACCOU1

2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	12 Months Ended
	Dec. 31, 2013
Accounting Policies [Abstract]	'
Basis of accounting and presentation	'
	The consolidated financial statements include the financial statements of Amaru, Inc. and its majority owned subsidiaries. All significant intercompany balances and transactions have been eliminated in consolidation. In addition, the Company evaluates its relationships with other entities to identify whether they are variable interest entities as defined by Financial Accounting Standards Board ("FASB") Accounting Standards Codification ("ASC") Section 810, "Consolidation" and assesses whether it is the primary beneficiary of such entities. If the determination is made that the Company is the primary beneficiary, then that entity is included in the consolidated financial statements in accordance with ASC 810.
Presentation as a going concern	'
	The accompanying consolidated financial statements have been prepared in conformity with accounting principles generally accepted in the United States of America, which contemplate continuation of the Company as a going concern. The Company has an accumulated deficit of $42,759,864 and $41,220,399 at December 31, 2013 and 2012, respectively. The Company also has a working capital deficit of $3,107,722 and $2,337,776 at December 31, 2013 and 2012, respectively. The Company has had difficulty in raising adequate additional funding.
	The items discussed above raise substantial doubts about the Company’s ability to continue as a going concern. The Company will require additional financing in order to execute its operating plan and continue as a going concern. The Company cannot predict whether this additional financing will be in the form of equity, debt or another form. The Company may not be able to obtain the necessary additional capital on a timely basis, on acceptable terms, or at all. Should financing sources fail to materialize, management would seek alternate funding sources such as the sale of common and/or preferred stock, the issuance of debt or other means. The Company plans to attempt to address its working capital deficiency by increasing its sales, maintaining strict expense controls and seeking strategic alliances.
	In the event that these financing sources do not materialize, or the Company is unsuccessful in increasing its revenues and attaining profitable operations, the Company will be forced to further reduce its costs, may be unable to repay its debt obligations as they become due or respond to competitive pressures, any of which circumstances would have a material adverse effect on its business, prospects, financial condition and results of operations.
	The financial statements do not include any adjustments relating to the recoverability and reclassification of recorded asset amounts or amounts and classification of liabilities that might be necessary, should the Company be unable to continue as a going concern.
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 certain reported amounts of assets and liabilities and disclosures of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting periods. Actual results could differ from those estimates.
Cash and cash equivalents	'
	The Company considers all demand and time deposits and all highly liquid investments with an original maturity of three months or less to be cash equivalents.
Accounts Receivable	'
	Accounts receivable is stated at cost, net of an allowance for doubtful accounts, if required. Receivables outstanding longer than the payment terms are considered past due. The Company maintains an allowance for doubtful accounts for estimated losses when necessary resulting from the failure of customers to make required payments. The Company reviews the accounts receivable on a periodic basis and makes allowances where there is doubt as to the collectability of individual balances. In evaluating the collectability of individual receivable balances, the Company considers many factors, including the age of the balance, the customer's payment history, its current credit-worthiness and current economic trends.
	The Company’s primary exposure to credit risk arises through its accounts receivable. The credit risk on liquid funds is limited because the counterparties are banks with high credit ratings assigned by international credit-rating agencies.
Film library	'
	Investment in the Company's film library includes movies, dramas, comedies and documentaries in which the Company has acquired distribution rights from a third party. For acquired films, these capitalized costs consist of minimum guarantee payments to acquire the distribution rights. Costs of acquiring the Company's film libraries are amortized using the individual-film-forecast method in accordance with ASC 926, " Entertainment—Films " whereby these costs are amortized and participations and residuals costs are accrued in the proportion that current year's revenue bears to management's estimate of ultimate revenue at the beginning of the current year expected to be recognized from the exploitation, exhibition or sale of the films. Ultimate revenue for acquired films includes estimates over a period not to exceed twenty years following the date of acquisition. Investments in films are stated at the lower of amortized cost or estimated fair value.
	The valuation of investment in films is reviewed on an overall basis, when an event or change in circumstances indicates that the fair value of the film library is less than its unamortized cost. The fair value of the film is determined using management's future revenue and cost estimates and a discounted cash flow approach. Additional amortization is recorded in the amount by which the unamortized costs exceed the estimated fair value of the film. Estimates of future revenue involve measurement uncertainty and it is therefore possible that reductions in the carrying value of investment in films may be required as a consequence of changes in management's future revenue estimates.
	The Company most recently completed an impairment evaluation in the fourth quarter of fiscal year 2009. The film library was determined to be impaired during the year ended December 31, 2009. In conducting the analysis, the Company used a discounted cash flow approach in estimating fair value as market values could not be readily determined given the unique nature of the respective assets. Based upon the analysis the Company determined that carrying amount of the film library exceeded its fair value by $19,166,406, as reflected Note 7.
Property and equipment	'
	Property, plant and equipment are recorded at cost, less accumulated depreciation. Cost includes the price paid to acquire or construct the asset, including capitalized interest during the construction period, and any expenditures that substantially increase the assets value or extend the useful life of an existing asset. Depreciation is computed using the straight-line method over the estimated useful lives of the assets. Major repairs and betterments that significantly extend original useful lives or improve productivity are capitalized and depreciated over the periods benefited. Maintenance and repairs are generally expensed as incurred. The estimated useful lives of the assets range from 3 to 5 years.
Intangible assets	'
	Intangible assets consist of gaming, software license and product development costs. Intangible assets which were purchased for a specific period are stated at cost less accumulated amortization and impairment losses. Such intangible assets are reviewed for impairment in accordance with ASC 350, " Intangibles—Goodwill and Other ". Such intangible assets are amortized over the period of the contract, which is 2 to 18 years.
Equity method investment	'
	An equity method investment is an entity over which the group has significant influence and that is neither a subsidiary nor an interest in a joint venture. Significant influence is the power to participate in the financial and operating policy decisions of the investee but is not control or joint control over those policies. In accordance with ASC Section 323, results and assets and liabilities of equity method investments are incorporated in these financial statements using the equity method of accounting. Under the equity method, investments are carried in the consolidated balance sheet at cost as adjusted for post-acquisition changes in the group's share of the net assets of the equity method investment, less any impairment in the value of individual investments. Losses of an equity method investment in excess of the group's interest in that equity method investment (which includes any long-term interests that, in substance, form part of the Company's net investment in the equity method investment) are not recognized, unless the group has incurred legal or constructive obligations or made payments on behalf of the equity method investment.
	Any excess of the cost of acquisition over the Company's share of the net fair value of the identifiable assets, liabilities and contingent liabilities of the equity method investment recognized at the date of acquisition is recognized as goodwill. The goodwill is included within the carrying amount of the investment and is assessed for impairment as part of the investment. Any excess of the Company's share of the net fair value of the identifiable assets, liabilities and contingent liabilities over the cost of acquisition, is recognized immediately in the consolidated profit and loss statement.
	Where a consolidated entity transacts with an equity method investee of the group, profits and losses are eliminated to the extent of the consolidated interest in the relevant Equity Method Investments.
Investments	'
	The Company classifies its investments in marketable equity and debt securities as "available-for-sale," "held to maturity" or "trading" at the time of purchase in accordance with ACS Section 320 “Investments - Debt and Equity Securities.” Equity securities held for trading as of December 31, 2013 and December 31, 2012 were nil, and $598,429, respectively. The changes relates to a realized loss of $42,196 and an unrealized gain of $14,023, for December 31, 2013 and 2012, respectively.
	Available-for-sale securities are carried at fair value with unrealized gains and losses, net of related tax, if any, reported as a component of other comprehensive income (loss) until realized. Realized gains and losses from the sale of available-for-sale securities are determined on a specific-identification basis. A decline in the market value of any available-for-sale security below cost that is deemed to be other than temporary will result in an impairment, which is charged to earnings.
	Investments that are not publicly traded or have resale restrictions greater than one year are accounted for at cost. The Company's cost method investments include companies involved in the broadband and entertainment industry. The Company uses available qualitative and quantitative information to evaluate all cost method investments for impairment at least annually. An impairment is booked when there is an other-than-temporary difference between the carrying amount and fair value of the investment that would result in a loss.
Valuation of long-lived assets	'
	The Company accounts for long-lived assets under ASC 360, “Property, Plant, and Equipment”. Management assesses the recoverability of its long-lived assets, which consist primarily of fixed assets and intangible assets with finite useful lives, whenever events or changes in circumstance indicate that the carrying value may not be recoverable. The following factors, if present, may trigger an impairment review: (i) significant underperformance relative to expected historical or projected future operating results; (ii) significant negative industry or economic trends; (iii) significant decline in the Company's stock price for a sustained period; and (iv) a change in the Company's market capitalization relative to net book value. If the recoverability of these assets is unlikely because of the existence of one or more of the above-mentioned factors, an impairment analysis is performed using a projected discounted cash flow method. Management must make assumptions regarding estimated future cash flows and other factors to determine the fair value of these respective assets. If these estimates or related assumptions change in the future, the Company may be required to record an impairment charge. Impairment charges would be included in the Company's consolidated statements of operations, and would result in reduced carrying amounts of the related assets on the Company's consolidated balance sheets.
Fair value of financial instruments	'
	ASC 820 establishes a fair value hierarchy that prioritizes the inputs to valuation techniques used to measure fair value. The hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1 measurements) and the lowest priority to unobservable inputs (Level 3 measurements). The three levels of the fair value hierarchy under ASC 820 are described below:
	Level 1 Inputs – Unadjusted quoted market prices in active markets that are accessible at the measurement date for identical, unrestricted assets or liabilities.
	Level 2 Inputs – Quoted prices in markets that not active, or inputs that are observable, either directly or indirectly, for substantially the full term of the asset or liability.
	Level 3 Inputs – Prices or valuation techniques that require inputs that are both significant to the fair value measurement and unobservable (supported by little or no market activity).
	The following table sets forth the Company's financial assets and liabilities measured at fair value by level within the fair value hierarchy. As required by ASC 820, assets and liabilities are classified in their entirety based on the lowest level of input that is significant to the fair value measurement.
	Fair values of the Company's financial assets and liabilities as of December 31, 2013 are as follows:
		Total		Level 1		Level 2		Level 3
	Assets:
	Equity securities held for trading	$	–	$	–	$	–	$	–
		$	–	$	–	$	–	$	–
	Fair values of the Company's financial assets and liabilities as of December 31, 2012 are as follows:
		Total		Level 1		Level 2		Level 3
	Assets:
	Equity securities held for trading	$	598,429	$	598,429	$	–	$	–
		$	598,429	$	598,429	$	–	$	–
Advances from related party	'
	Advances from a director and related party of $300,403 at December 31, 2013 are unsecured, non-interest bearing and payable on demand.
Foreign currency translation	'
	Transactions in foreign currencies are measured and recorded and translated to the reporting currency, U.S. dollars, using the Company's prevailing month exchange rate. At the balance sheet date, recorded monetary balances that are denominated in a foreign currency are adjusted to reflect the rate at the balance sheet date and the income statement accounts using the average exchange rates throughout the period. Translation gains and losses are recorded in stockholders' equity as other Comprehensive income and realized gains and losses from foreign currency transactions are reflected in operations. Translation gains or losses as of December 31, 2013 and 2012 were not material to the consolidated financial statements.
Revenues	'
	The Company's primary sources of revenue are from the sales of advertising space on interactive websites owned by the Company; distribution and licensing of content to partners and broadband consulting services.
	The Company recognizes revenue in accordance with ASC 605-10. Revenue is recognized only when the price is fixed or determinable, persuasive evidence of an arrangement exists, the service or product is performed or delivered and collectability of the resulting receivable is reasonably assured.
	Website advertising revenue is recognized on a cost per thousand impressions (CPM) or cost per click (CPC), and flat-fee basis. The Company earns CPM or CPC revenue from the display of graphical advertisements. An impression is delivered when an advertisement appears in pages viewed by users. Revenue from graphical advertisement impressions is recognized based on the actual impressions delivered in the period. Revenue from flat-fee services is based on a customer's period of contractual service and is recognized on a straight-line basis over the term of the contract. Proceeds from subscriptions are deferred and are included in revenue on a pro-rata basis over the term of the subscriptions.
	The Company enters into contractual arrangements with customers to license and distribute content; revenue is earned from content licenses, and content syndication. Agreements with these customers are typically for multi-year periods. For each arrangement, revenue is recognized when both parties have signed an agreement, the fees to be paid by the customer are fixed or determinable, collection of the fees is probable, the delivery of the service has occurred, and no other significant obligations on the part of the Company remain. Licensing and content syndication revenue is recognized when the license period begins, and the contents are available for exploitation by customer, pursuant to the terms of the license agreement.
	The Company enters into contractual arrangements with customers on broadband consulting services and on-line turnkey solutions. Revenue is earned over the period in which the services are rendered. For each arrangement, revenue is recognized when a written agreement between both parties exist, the fees to be paid by the customer are fixed or determinable, collection of the fees is probable, and fulfillment of the obligations under the agreement has occurred, Revenue from broadband consulting services and on-line turnkey solutions is recognized over the period in which the services are rendered, by reference to completion of the specific transaction assessed on the basis of the actual services provided as a proportion of the total services to be performed. It is generally recognized from the date of acceptance and fulfillment of obligations under the sale and purchase agreement.
Cost of services	'
	The cost of services pertaining to advertising and sponsorship revenue and subscription and related services are cost of bandwidth charges, channel design and alteration, copyright licensing, and hardware hosting and maintenance costs. The cost of services pertaining to E-commerce revenue is channel design and alteration, and hardware hosting and maintenance costs. All these costs are accounted for in the period incurred.
Income taxes	'
	Deferred income taxes are determined using the liability method in accordance with ASC 740, “Income Taxes.” Deferred tax assets and liabilities are recognized for the future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases. Deferred income taxes are measured using enacted tax rates expected to apply to taxable income in years in which such temporary differences are expected to be recovered or settled. The effect on deferred income taxes of a change in tax rates is recognized in the statement of income of the period that includes the enactment date. In addition, a valuation allowance is established to reduce any deferred tax asset for which it is determined that it is more likely than not that some portion of the deferred tax asset will not be realized.
	The Company files income tax returns in the United States Federal jurisdiction and certain states in the United States and certain other foreign jurisdictions. The Company is beyond the statute of limitations subjecting it to U.S. Federal and state income tax examinations by tax authorities for years before 2008. No income tax returns are currently under examination by any tax authorities.
Income (loss) per share or Earnings (loss) per share	'
	The Company computes net income (loss) per common share in accordance with FASB ASC 260, "Earnings Per Share" ("ASC 260") and SEC SAB 98. Under the provisions of ASC 260 and SAB 98, basic net income (loss) per common share is computed by dividing the net income (loss) available to common shareholders by the weighted average number of shares of common stock outstanding during the period. Diluted income per common share is computed by dividing the amount available to common shareholders by the weighted average number of shares of common stock outstanding plus the effect of any dilutive shares outstanding during the period. The Company has no common stock equivalents, which would dilute earnings per share.
Advertising	'
	The cost of advertising is expensed as incurred. For the years ended December 31, 2013 and 2012, the Company incurred advertising expenses of $6,823 and $8,859, respectively.
Reclassifications	'
	Certain amounts in the previous periods presented have been reclassified to conform to the current year financial statement presentation.

2_SUMMARY_OF_SIGNIFICANT_ACCOU2

2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)	12 Months Ended
	Dec. 31, 2013
Accounting Policies [Abstract]	'
Fair Value of Financial Instruments	'
		Total		Level 1		Level 2		Level 3
	Assets:
	Equity securities held for trading	$	–	$	–	$	–	$	–
		$	–	$	–	$	–	$	–
	Fair values of the Company's financial assets and liabilities as of December 31, 2012 are as follows:
		Total		Level 1		Level 2		Level 3
	Assets:
	Equity securities held for trading	$	598,429	$	598,429	$	–	$	–
		$	598,429	$	598,429	$	–	$	–

4_EQUITY_SECURITIES_HELD_FOR_T1

4. EQUITY SECURITIES HELD FOR TRADING INVESTMENT (Tables)	12 Months Ended
	Dec. 31, 2013
Investments, Debt and Equity Securities [Abstract]	'
EQUITY SECURITIES HELD FOR TRADING	'
		December 31,		December 31,
		2013		2012
	Quoted equity security, at fair value.	$	–	$	598,429

5_OTHER_CURRENT_ASSETS_Tables

5. OTHER CURRENT ASSETS (Tables)	12 Months Ended
	Dec. 31, 2013
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]	'
OTHER CURRENT ASSETS	'
		December 31,		December 31,
		2013		2012
	Prepayments	$	26,111	$	49,355
	Deposits		35,685		38,125
	Loan receivable		100,000		100,000
	Other receivables		21,870		68,581
		$	183,666	$	256,061

6_PROPERTY_AND_EQUIPMENT_Table

6. PROPERTY AND EQUIPMENT (Tables)	12 Months Ended
	Dec. 31, 2013
Property, Plant and Equipment [Abstract]	'
PROPERTY AND EQUIPMENT	'
		December 31,			December 31,
		2013			2012
	Office equipment	$	930,709		$	929,179
	Motor vehicle		11,000			11,000
	Furniture, fixture and fittings		89,960			89,960
	Pony set-top boxes		843,946			843,946
			1,875,615			1,874,085
	Accumulated depreciation		(1,872,677	)		(1,866,829	)
		$	2,938		$	7,256

7_FILM_LIBRARY_Tables

7. FILM LIBRARY (Tables)	12 Months Ended
	Dec. 31, 2013
Film Library	'
FILM LIBRARY	'
		December 31,			December 31,
		2013			2012
	Acquired film library	$	23,686,731		$	23,686,731
	Accumulated amortization		(4,520,325	)		(4,520,325	)
			19,166,406			19,166,406
	Impairment of film library		(19,166,406	)		(19,166,406	)
	Film library	$	–		$	–

8_INTANGIBLE_ASSETS_Tables

8. INTANGIBLE ASSETS (Tables)	12 Months Ended
	Dec. 31, 2013
Goodwill and Intangible Assets Disclosure [Abstract]	'
INTANGIBLE ASSETS	'
		December 31,			December 31,
		2013			2012
	Finite-lived intangible assets
	Gaming license	$	7,090,000		$	7,090,000
	Product development expenditures		719,220			719,220
	Software license		12,649			12,649
			7,821,869			7,821,869
	Accumulated amortization		(1,974,328	)		(1,974,328	)
			5,847,541			5,847,541
	Impairment loss		(5,847,541	)		(5,847,541	)
		$	–		$	–

9_INVESTMENTS_NET_Tables

9. INVESTMENTS - NET (Tables)	12 Months Ended
	Dec. 31, 2013
Investments, All Other Investments [Abstract]	'
Summary of Investment held at cost	'
		December 31,			December 31,
		2013			2012
	Current:
	Unquoted securities	$	–		$	–
			–			–
	Non-current:
	Unquoted securities		2,802,613			2,802,613
	Impairment on unquoted securities		(2,802,613	)		(1,252,110	)
		$	-		$	1,550,503

10_COMMITMENTS_Tables

10. COMMITMENTS (Tables)	12 Months Ended
	Dec. 31, 2013
Commitments and Contingencies Disclosure [Abstract]	'
Future minimum lease payments	'
	For the year ended
	December 31,	Operating
	2014		71,174
		$	71,174

12_CONVERTIBLE_TERM_LOAN_Table

12. CONVERTIBLE TERM LOAN (Tables)	12 Months Ended
	Dec. 31, 2013
Debt Disclosure [Abstract]	'
Convertible term loan	'
		December 31,		December 31,
		2013		2012
	Current:
	Convertible loan	$	1,499,750	$	1,898,470
		$	1,499,750	$	1,898,470

2_SUMMARY_OF_SIGNIFICANT_ACCOU3

2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details-Fair Value) (USD $)	Dec. 31, 2013	Dec. 31, 2012
Assets:	'	'
Equity securities held for trading	$0	$598,429
Total	0	598,429
FairValueInputsLevel1Member	'	'
Assets:	'	'
Equity securities held for trading	0	598,429
Total	0	598,429
FairValueInputsLevel2Member	'	'
Assets:	'	'
Equity securities held for trading	0	0
Total	0	0
FairValueInputsLevel3Member	'	'
Assets:	'	'
Equity securities held for trading	0	0
Total	$0	$0

2_SUMMARY_OF_SIGNIFICANT_ACCOU4

2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details Narrative) (USD $)	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012
Accounting Policies [Abstract]	'	'
Accumulated deficit	($42,759,864)	($40,251,993)
Working capital	-3,107,722	-2,337,776
Equity securities held for trading	0	598,429
Realized loss on equity securities	42,196	'
Unrealized gain/loss on equity securities	'	14,023
Advances from director and related party	300,403	'
Advertising expenses	$6,823	$8,859

4_EQUITY_SECURITIES_HELD_FOR_T2

4. EQUITY SECURITIES HELD FOR TRADING (Details) (USD $)	Dec. 31, 2013	Dec. 31, 2012
Investments, Debt and Equity Securities [Abstract]	'	'
Quoted equity security, at fair value	$0	$598,429

4_EQUITY_SECURITIES_HELD_FOR_T3

4. EQUITY SECURITIES HELD FOR TRADING (Details Narrative) (USD $)	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012
Investments, Debt and Equity Securities [Abstract]	'	'
Realized loss	$42,196	'
Unrealized Gain Loss	'	$14,023

5_OTHER_CURRENT_ASSETS_Details

5. OTHER CURRENT ASSETS (Details) (USD $)	Dec. 31, 2013	Dec. 31, 2012
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]	'	'
Prepayments	$26,111	$49,355
Deposits	35,685	38,125
Loan receivable	100,000	100,000
Other receivables	21,870	68,581
Total other assets	$183,666	$256,061

5_OTHER_CURRENT_ASSETS_Details1

5. OTHER CURRENT ASSETS (Details Narrative) (USD $)	Dec. 31, 2013	Dec. 31, 2012
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]	'	'
Non interest bearing loan to third party included in other recievable	$100,000	$100,000

6_PROPERTY_AND_EQUIPMENT_Detai

6. PROPERTY AND EQUIPMENT (Details) (USD $)	Dec. 31, 2013	Dec. 31, 2012
Property and equipment, Gross	$1,875,615	$1,874,085
Accumulated depreciation	-1,872,677	-1,866,829
Property and equipment, Net	2,938	7,256
Office Equipment [Member]	'	'
Property and equipment, Gross	930,709	929,179
Motor vehicle	'	'
Property and equipment, Gross	11,000	11,000
Furniture, fixture and fittings	'	'
Property and equipment, Gross	89,960	89,960
Pony set-top boxes	'	'
Property and equipment, Gross	$843,946	$843,946

6_PROPERTY_AND_EQUIPMENT_Detai1

6. PROPERTY AND EQUIPMENT (Details Narrative) (USD $)	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012
Property, Plant and Equipment [Abstract]	'	'
Depreciation expense	$5,847	$38,689

7_FILM_LIBRARY_Details

7. FILM LIBRARY (Details) (FilmLibraryMember, USD $)	Dec. 31, 2013	Dec. 31, 2012
FilmLibraryMember	'	'
Acquired film library	$23,686,731	$23,686,731
Accumulated amortization	-4,520,325	-4,520,325
Film library gross	19,166,406	19,166,406
Impairment of film library	-19,166,406	-19,166,406
Film library net	$0	$0

7_FILM_LIBRARY_Details_Narrati

7. FILM LIBRARY (Details Narrative) (USD $)	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012
Film Library	'	'
Amortization expense	$0	$0

8_INTANGIBLE_ASSETS_Details

8. INTANGIBLE ASSETS (Details) (USD $)	Dec. 31, 2013	Dec. 31, 2012
Goodwill and Intangible Assets Disclosure [Abstract]	'	'
Gaming license	$7,090,000	$7,090,000
Product development expenditures	719,220	719,220
Software license	12,649	12,649
Gross Value of Intangibles	7,821,869	7,821,869
Accumulated amortization	-1,974,328	-1,974,328
Gross Value less Amortization	5,847,541	5,847,541
Impairment loss	-5,847,541	-5,847,541
Net Value of Intangibles	$0	$0

8_INTANGIBLE_ASSETS_Details_Na

8. INTANGIBLE ASSETS (Details Narrative) (USD $)	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012
Goodwill and Intangible Assets Disclosure [Abstract]	'	'
Amortization Expense	$0	$0

9_INVESTMENTS_NET_Details

9. INVESTMENTS NET (Details) (USD $)	Dec. 31, 2013	Dec. 31, 2012
Current:	'	'
Unquoted securities	$0	$0
Non Current :	'	'
Unquoted securities	2,802,613	2,802,613
Impairment on unquoted securities	-2,802,613	-1,252,110
Total	$0	$1,550,503

9_INVESTMENTS_NET_Details_Narr

9. INVESTMENTS NET (Details Narrative) (USD $)	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012
Investments, All Other Investments [Abstract]	'	'
Additional impairment on the investment	$1,550,503	$0

10_COMMITMENTS_DetailsOperatin

10. COMMITMENTS (Details-Operating lease) (USD $)	Dec. 31, 2013
Operating	'
2014	$71,174
Total	$71,174

10_COMMITMENTS_Details_Narrati

10. COMMITMENTS (Details Narrative) (USD $)	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012
Commitments and Contingencies Disclosure [Abstract]	'	'
Total rental expense on operating leases	$115,231	$114,074

11_INCOME_TAXES_Details_Narrat

11. INCOME TAXES (Details Narrative) (USD $)	Dec. 31, 2013	Dec. 31, 2012
Deferred tax assets	$5,200,000	$4,500,000
Deferred tax asset valuation allowance	5,200,000	4,500,000
Unused tax losses carry-forward	8,100,000	'
Singapore	'	'
Unused tax losses carry-forward	$11,300,000	'

12_CONVERTIBLE_TERM_LOAN_Detai

12. CONVERTIBLE TERM LOAN (Details) (USD $)	Dec. 31, 2013	Dec. 31, 2012
Debt Disclosure [Abstract]	'	'
Convertible loan	$1,499,750	$1,898,470
Net Convertible Loan	$1,499,750	$1,898,470

12_CONVERTIBLE_TERM_LOAN_Detai1

12. CONVERTIBLE TERM LOAN (Details Narrative) (USD $)	Dec. 31, 2013	Dec. 31, 2012
Debt Disclosure [Abstract]	'	'
Accrued interest	$96,042	$130,600