Ryvyl (RVYL) 10-Q 14 Aug 15 2015 Q2 Quarterly report Financial data

Document And Entity Information

Document And Entity Information - shares	6 Months Ended
	Jun. 30, 2015	Aug. 14, 2015
Document and Entity Information [Abstract]
Entity Registrant Name	ASAP Expo, Inc.
Document Type	10-Q
Current Fiscal Year End Date	--12-31
Entity Common Stock, Shares Outstanding		14,445,363
Amendment Flag	false
Entity Central Index Key	1,419,275
Entity Current Reporting Status	Yes
Entity Voluntary Filers	No
Entity Filer Category	Smaller Reporting Company
Entity Well-known Seasoned Issuer	No
Document Period End Date	Jun. 30, 2015
Document Fiscal Year Focus	2,015
Document Fiscal Period Focus	Q2

BALANCE SHEETS

BALANCE SHEETS - USD ($)	Jun. 30, 2015	Dec. 31, 2014
Current Assets
Cash & equivalents	$ 83,107	$ 41,420
Prepaid income taxes	800	800
Due from affiliated companies	54,444	19,859
Total Current Assets	138,351	62,079
Furniture and equipment, net	53,271	30,422
Total Assets	191,622	92,501
Current Liabilities
Accounts payable and accrued expenses	470,530	417,819
Auto loan, current	4,905	4,905
Income tax payable	195,692	116,158
Due to affiliated company	0	64,154
Total Current Liabilities	671,127	603,036
Long-Term Liabilities
Settlement payable, noncurrent	20,000	20,000
Auto loan, noncurrent	9,402	11,855
Note payable, officers	252,166	389,804
Total Long-Term Liabilities	281,568	421,659
Total Liabilities	952,695	1,024,695
Stockholders' Deficit
Common stock, $.001 par value, 45,000,000 shares authorized, 14,445,363 shares issued and outstanding at June 30, 2015 and December 31, 2014	14,445	14,445
Additional paid in capital	(902,272)	(902,272)
Retained earnings (Accumulated deficit)	126,754	(44,367)
Total Stockholders' Deficit	(761,073)	(932,194)
Total Liabilities and Stockholders' Deficit	$ 191,622	$ 92,501

BALANCE SHEETS (Parentheticals)

BALANCE SHEETS (Parentheticals) - $ / shares	Jun. 30, 2015	Dec. 31, 2014
Common stock, par value (in Dollars per share)	$ 0.001	$ 0.001
Common stock, shares authorized	45,000,000	45,000,000
Common stock, shares issued	14,445,363	14,445,363
Common stock, shares outstanding	14,445,363	14,445,363

STATEMENTS OF OPERATIONS AND CO

STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (UNAUDITED) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Revenues:
Commission income	$ 0	$ 0	$ 0	$ 625
Consulting fee	330,000	269,500	781,418	881,500
Total revenues	330,000	269,500	781,418	882,125
Cost of Sales
Consulting expense	86,000	157,500	322,000	448,500
Total cost of sales	86,000	157,500	322,000	448,500
Gross Profit	244,000	112,000	459,418	433,625
General and administrative	129,010	51,076	200,535	237,029
Income from operations	114,990	60,924	258,883	196,596
Other Income (Expense)
Interest expense	(3,925)	(8,609)	(8,175)	(15,470)
Total other income (expense), net	(3,925)	(8,609)	(8,175)	(15,470)
Income before income taxes	111,065	52,315	250,708	181,126
Income taxes provision	32,108	68,402	79,587	119,853
Net Income (loss)	$ 78,957	$ (16,087)	$ 171,121	$ 61,273
Basic (in Dollars per share)	$ 0.01	$ 0	$ 0.01	$ 0
Basic (in Shares)	14,445,363	14,445,363	14,445,363	14,445,363
Diluted (in Dollars per share)	$ 0.01	$ 0	$ 0.01	$ 0
Diluted (in Shares)	14,445,363	19,230,592	14,445,363	19,230,592

STATEMENTS OF CASH FLOWS (UNAUD

STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)	6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014
Operating Activities:
Net Income (loss)	$ 171,121	$ 61,273
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation expense	3,861	2,575
Changes in operating assets and liabilities:
Accounts payable and accrued expenses	52,711	2,530
Income tax payable	79,534	76,795
Net cash provided by operating activities	307,227	143,173
Investing Activities:
Acquisitions of property and equipment	(26,710)	(14,844)
Advance to affiliated companies	(34,585)	(31,131)
Net cash used in investing activities	(61,295)	(45,975)
Financing Activities:
Payments on auto loan	(2,453)	(2,453)
Advance from (Repayment to) affiliated company	(64,156)	(187,777)
Proceeds from borrowings on note payable from officers	476	454,252
Repayments of borrowings on note payable from officers	(138,112)	(548,582)
Net cash used in financing activities	(204,245)	(284,560)
Net increase (decrease) in cash	41,687	(187,362)
Cash, beginning of period	41,420	205,967
Cash, end of period	83,107	18,604
Cash paid during the period
Interest	0	0
Income taxes	$ 800	$ 43,058

NOTE 1 - SUMMARY OF SIGNIFICANT

NOTE 1 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	6 Months Ended
	Jun. 30, 2015
Accounting Policies [Abstract]
Organization, Consolidation, Basis of Presentation, Business Description and Accounting Policies [Text Block]	NOTE 1 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES ORGANIZATION ASAP Expo, Inc. (“ASAP Expo” or the “Company”) d.b.a. ASAP International Holdings, was incorporated on April 10, 2007 under the laws of the State of Nevada. ASAP Expo is a holding company that operates commercial real estate consulting for Chinese Institutions and high net worth individuals. Our mission is to be the bridge between China and the Western world. ASAP Commercial Real Estate division advisory provides Chinese institutions and high net worth individuals with all real estate related services focusing on hospitality including acquisition advisory, financing, asset management, and strategic repositioning. On the hospitality acquisition side, we represent buyers at all stages of the process, from advice on selection of brands, location, opportunity sourcing and due diligence to securing debt financing. Our clients have the advantage of our local market knowledge and contacts in capital markets around the globe, as well as our deep experience in real estate strategy and management. Prior to July 2011, the investment banking services division was the core business of ASAP Expo. ASAP Expo helped small and medium sized businesses raise funds and promote business through capital markets. In July 2011, ASAP Expo transitioned its core business to providing real estate advisory services from investment banking advisory services for Chinese companies. Unaudited Interim Financial Information These unaudited interim financial statements have been prepared in accordance with accounting principles generally accepted in the United State of America (“GAAP”) for interim financial information and with the instructions to Form 10-Q and Article 8-03 of Regulation S-X and the rules and regulations of the Securities and Exchange Commission that permit reduced disclosure for interim periods. Therefore, certain information and footnote disclosures normally included in financial statements prepared in accordance with GAAP have been condensed or omitted. In the opinion of management, all adjustments of a normal recurring nature necessary for a fair presentation of the financial position, results of operations and cash flows for the periods presented have been made. The results of operations for the interim periods presented are not necessarily indicative of the results to be expected for the year ending December 31, 2015. The balance sheets and certain comparative information as of December 31, 2014 are derived from the audited financial statements and related notes for the year ended December 31, 2014 (“2014 Annual Financial Statements”), included in the Company’s 2014 Annual Report on Form 10-K filed on April 15, 2015. These unaudited interim financial statements should be read in conjunction with the 2014 Annual Financial Statements. BASIS OF PRESENTATION The accompanying unaudited financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America. Cash and Cash Equivalents Cash and cash equivalents consist of cash on hand, cash on deposit with banks, and highly liquid debt investments with a maturity of three months or less when purchased. GOING CONCERN The accompanying unaudited financial statements have been prepared assuming that the Company will continue as a going concern. At June 30, 2015, the Company had an accumulated stockholders' deficit of $761,073 and a negative working capital of $532,776, which mainly resulted from the accumulated deficit of its former parent company that was transferred to the Company upon its spin-off from the parent company, and a lack of profitable operating history. The Company hopes to increase revenues from its real estate business and financial advisory services business. In the absence of significant increases in revenues, the Company intends to fund operations through additional debt and equity financing arrangements. The successful outcome of future activities cannot be determined at this time and there are no assurances that if achieved, the Company will have sufficient funds to execute its intended business plan or generate positive operating results. The Company's success is dependent upon numerous items, certain of which are the successful growth of revenues from its services and its ability to obtain new customers in order to achieve levels of revenues adequate to support the Company's current and future cost structure, for which there is no assurance. Unanticipated problems, expenses, and delays are frequently encountered in establishing and maintaining profitable operations. These include, but are not limited to, competition, the need to develop customer support capabilities and market expertise, technical difficulties, market acceptance and sales and marketing. The failure of the Company to meet any of these conditions could have a materially adverse effect on the Company and may force the Company to reduce or curtail operations. No assurance can be given that the Company can achieve or maintain profitable operations. The Company believes it will have adequate cash to sustain operations until it achieves sustained profitability. However, until the Company has a history of maintaining revenue levels sufficient to support its operations and repay its working capital deficit, the Company may require additional financing. Sources of financing could include capital infusions, additional equity financing or debt offerings. There can be no assurance that funding will be available on acceptable terms, if at all, or that such fund, if raised, would enable the Company to achieve or sustain profitable operations. These factors, among others, raise substantial doubt about the Company's ability to continue as a going concern. The accompanying financial statements do not include any adjustments to reflect the possible future effects on the recoverability and classification of assets or the classification of liabilities that might result from the outcome of these uncertainties. FAIR VALUE OF FINANCIAL INSTRUMENTS The Company’s financial instruments consist of cash, prepaid expenses and other receivables, accounts payable, accrued liabilities and due to/from affiliated company. The fair value of these financial instruments approximate their carrying amounts reported in the balance sheets due to the short term maturity of these instruments. Fair Value Measurements ASC Topic 820, Fair Value Measurements and Disclosures, defines fair value, establishes a framework for measuring fair value, establishes a three-level valuation hierarchy for disclosure of fair value measurement and enhances disclosure requirements for fair value measurements. The valuation hierarchy is based upon the transparency of inputs to the valuation of an asset or liability as of the measurement date. The three levels are defined as follows: Level 1 - Inputs to the valuation methodology are quoted prices (unadjusted) for identical assets or liabilities in active markets. Level 2 - Inputs to the valuation methodology include quoted prices for similar assets and liabilities in active markets, and inputs that are observable for the asset or liability, either directly or indirectly, for substantially the full term of the financial instrument. Level 3 - Inputs to the valuation methodology are unobservable and significant to the fair value measurement. The Company’s adoption of fair value measurements and disclosures did not have a material impact on the financial statements and financial statement disclosures. USE OF ESTIMATES The preparation of financial statements in conformity with the GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. REVENUE RECOGNITION Accounting Standards Codification (“ASC”) 605, Revenue Recognition Revenues are mainly consulting fees. The consulting fees are recognized when earned. Consulting fees from real estate advisory services that are subject to refund are recorded as deferred revenue until the project is completed and the fees are no longer refundable. INCOME TAXES Income taxes are accounted for under the asset and liability method. Deferred income taxes are recognized for temporary differences between the tax basis of assets and liabilities and their reported amounts in the financial statements, net of operating loss carry forwards and credits, by applying enacted statutory tax rates applicable to future years. Deferred tax assets are reduced by a valuation allowance when, in the opinion of management, it is not more likely than not that some portion or all of the deferred tax assets will be realized. Current income taxes are provided for in accordance with the laws of the relevant taxing authorities. EARNINGS PER SHARE A basic earnings per share is computed by dividing net income to common stockholders by the weighted average number of shares outstanding for the year. Dilutive earnings per share include the effect of any potentially dilutive debt or equity under the treasury stock method, if including such instruments is dilutive. RECENTLY ISSUED ACCOUNTING PRONOUNCEMENTS In April 2015, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) 2015-3, “Simplifying the Presentation of Debt Issuance Costs” (“ASU 2015-3”). ASU 2015-3 requires that debt issuance costs related to a recognized debt liability be presented in the balance sheet as a direct deduction from the carrying amount of that debt liability, consistent with debt discounts, rather than separately as an asset. ASU 2015-3 is effective for annual reporting periods beginning after December 15, 2015, including interim periods within those years, and is to be applied retrospectively. Early adoption is permitted. The Company does not expect the adoption of ASU 2015-3 will have an impact on its results of operations or cash flows.

NOTE 2 - PROPERTY AND EQUIPMENT

NOTE 2 - PROPERTY AND EQUIPMENT	6 Months Ended
	Jun. 30, 2015
Property, Plant and Equipment [Abstract]
Property, Plant and Equipment Disclosure [Text Block]	NOTE 2 - PROPERTY AND EQUIPMENT Equipment consists of the following: June 30, December 31, 2015 2014 (Unaudited) Furniture & Fixtures $ 17,589 $ 14,844 Office Equipment 2,255 - Automobile 24,527 24,527 Leasehold Improvements 21,710 - 66,081 39,371 Less: Accumulated depreciation (12,810 ) (8,949 ) $ 53,271 $ 30,422

NOTE 3 - DUE FROM (TO) AFFILIAT

NOTE 3 - DUE FROM (TO) AFFILIATED COMPANIES	6 Months Ended
	Jun. 30, 2015
Related Party Transactions [Abstract]
Related Party Transactions Disclosure [Text Block]	NOTE 3 - DUE FROM (TO) AFFILIATED COMPANIES At June 30, 2015 and December 31, 2014, ASAP Expo was owed $54,444 and $19,859 from an affiliated company in which ASAP Expo’s officers are also owners and officers. The advance has no written note, is non-interest bearing and payable on demand to the Company and expected to be paid within one year. At June 30, 2015, and December 31, 2014, ASAP Expo owed $0 and $64,154 to affiliated companies in which ASAP Expo’s officers are also owners and officers.

NOTE 4 - SETTLEMENT PAYABLE

NOTE 4 - SETTLEMENT PAYABLE	6 Months Ended
	Jun. 30, 2015
Other Liabilities and Financial Instruments Subject to Mandatory Redemption [Abstract]
Other Liabilities Disclosure [Text Block]	NOTE 4 – SETTLEMENT PAYABLE Based upon the settlement agreement for a lawsuit settled and dismissed in June 2011, the Company has a $120,000 outstanding settlement balance to be paid $100,000 in October 2015 and $20,000 in October 2016

NOTE 5 - AUTO LOAN

NOTE 5 - AUTO LOAN	6 Months Ended
	Jun. 30, 2015
Disclosure Text Block [Abstract]
Long-term Debt [Text Block]	NOTE 5 - AUTO LOAN In June 2013, the Company entered into a zero down and 0% interest financing arrangement to acquire a vehicle. Future minimum payments and the obligations due under the auto loan are as follows: For the Year Ended December 31: (Unaudited) 2015 2,453 2016 4,905 2017 4,905 2018 2,044 14,307 Less Current Portion (4,905 ) Long Term Portion $ 9,402

NOTE 6 - NOTE PAYABLE, OFFICERS

NOTE 6 - NOTE PAYABLE, OFFICERS	6 Months Ended
	Jun. 30, 2015
Convertible Debt [Abstract]
Convertible Debt [Text Block]	NOTE 6 - NOTE PAYABLE, OFFICERS On January 1, 2011, the Company obtained a convertible note from Frank Yuan, the Company's Chief Executive Officer (“CEO”), and his family which provides for borrowings up to a maximum of $1,800,000 and is due on demand. The note carries an interest rate of 6.0% per annum. On December 31, 2014, the convertible note was amended to waive the right of conversion and will be used as a line of credit. The balance of the note payable as of June 30, 2015 was $252,166; the accrued interest on the note was $279,251, which is included in accounts payable and accrued expenses. The balance of the convertible note as of December 31, 2014 was $389,804 and the accrued interest on the note was $271,075.

NOTE 7 - INCOME TAXES

NOTE 7 - INCOME TAXES	6 Months Ended
	Jun. 30, 2015
Income Tax Disclosure [Abstract]
Income Tax Disclosure [Text Block]	NOTE 7 - INCOME TAXES The income taxes provision for the six months ended June 30, 2015 consists of current income taxes of $93,871 and 2014 over-accrued federal taxes of $14,284. As of June 30, 2015 and 2014, the Company had state net tax operating loss carry forwards of $0 and $276,918 available to offset future taxable income. The Company reserved a full deferred tax assets valuation allowance so its balance sheet reported no deferred tax assets as of June 30, 2015 and December 31, 2014 on the basis of the Company’s history of losses that more likely than not the Company will not realize operating loss carry forwards in the foreseeable future. The effective tax rate was lower for the three and six months ended June 30, 2015 because the 2014 over-accrued income tax of $14,284 was reversed in June 2015 when the actual tax return was filed. Uncertain Tax Positions Interest associated with unrecognized tax benefits is classified as income tax and penalties are included in selling, general and administrative expenses in the statements of operations and comprehensive income. For the three and six months ended June 30, 2015 and 2014, the Company had no unrecognized tax benefits and related interest and penalties expenses. Currently, the Company is not subject to examination by major tax jurisdictions.

NOTE 8 - SHAREHOLDERS' DEFICIT

NOTE 8 - SHAREHOLDERS' DEFICIT	6 Months Ended
	Jun. 30, 2015
Stockholders' Equity Note [Abstract]
Stockholders' Equity Note Disclosure [Text Block]	NOTE 8 - SHAREHOLDERS' DEFICIT Common Stock At June 30, 2015, the Company had 45,000,000 shares of common stock authorized and 14,445,363 shares issued and outstanding at par value $0.001 per share.

NOTE 9 - COMMITMENT

NOTE 9 - COMMITMENT	6 Months Ended
	Jun. 30, 2015
Disclosure Text Block Supplement [Abstract]
Commitments Disclosure [Text Block]	NOTE 9 - COMMITMENT Starting January 1, 2014, the Company leased office space from one of its officer under a month by month basis. The lease provides for monthly lease payments of $3,500.

NOTE 10 - CONCENTRATION

NOTE 10 - CONCENTRATION	6 Months Ended
	Jun. 30, 2015
Risks and Uncertainties [Abstract]
Concentration Risk Disclosure [Text Block]	NOTE 10 – CONCENTRATION For the six months ended June 30, 2015, two customers accounted for 59% and 22% of the Company’s consulting fee income. For the six months ended June 30, 2014, three customers accounted for 63%, 24% and 11% of the Company’s consulting fee income. The loss of any of these customers could have a material adverse effect on the Company’s financial position and results of operations.

Accounting Policies, by Policy

Accounting Policies, by Policy (Policies)	6 Months Ended
	Jun. 30, 2015
Accounting Policies [Abstract]
Basis of Accounting, Policy [Policy Text Block]	BASIS OF PRESENTATION The accompanying unaudited financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America.
Cash and Cash Equivalents, Policy [Policy Text Block]	Cash and Cash Equivalents Cash and cash equivalents consist of cash on hand, cash on deposit with banks, and highly liquid debt investments with a maturity of three months or less when purchased.
Going Concern [Policy Text Block]	GOING CONCERN The accompanying unaudited financial statements have been prepared assuming that the Company will continue as a going concern. At June 30, 2015, the Company had an accumulated stockholders' deficit of $761,073 and a negative working capital of $532,776, which mainly resulted from the accumulated deficit of its former parent company that was transferred to the Company upon its spin-off from the parent company, and a lack of profitable operating history. The Company hopes to increase revenues from its real estate business and financial advisory services business. In the absence of significant increases in revenues, the Company intends to fund operations through additional debt and equity financing arrangements. The successful outcome of future activities cannot be determined at this time and there are no assurances that if achieved, the Company will have sufficient funds to execute its intended business plan or generate positive operating results. The Company's success is dependent upon numerous items, certain of which are the successful growth of revenues from its services and its ability to obtain new customers in order to achieve levels of revenues adequate to support the Company's current and future cost structure, for which there is no assurance. Unanticipated problems, expenses, and delays are frequently encountered in establishing and maintaining profitable operations. These include, but are not limited to, competition, the need to develop customer support capabilities and market expertise, technical difficulties, market acceptance and sales and marketing. The failure of the Company to meet any of these conditions could have a materially adverse effect on the Company and may force the Company to reduce or curtail operations. No assurance can be given that the Company can achieve or maintain profitable operations. The Company believes it will have adequate cash to sustain operations until it achieves sustained profitability. However, until the Company has a history of maintaining revenue levels sufficient to support its operations and repay its working capital deficit, the Company may require additional financing. Sources of financing could include capital infusions, additional equity financing or debt offerings. There can be no assurance that funding will be available on acceptable terms, if at all, or that such fund, if raised, would enable the Company to achieve or sustain profitable operations. These factors, among others, raise substantial doubt about the Company's ability to continue as a going concern. The accompanying financial statements do not include any adjustments to reflect the possible future effects on the recoverability and classification of assets or the classification of liabilities that might result from the outcome of these uncertainties.
Fair Value of Financial Instruments, Policy [Policy Text Block]	FAIR VALUE OF FINANCIAL INSTRUMENTS The Company’s financial instruments consist of cash, prepaid expenses and other receivables, accounts payable, accrued liabilities and due to/from affiliated company. The fair value of these financial instruments approximate their carrying amounts reported in the balance sheets due to the short term maturity of these instruments.
Fair Value Measurement, Policy [Policy Text Block]	Fair Value Measurements ASC Topic 820, Fair Value Measurements and Disclosures, defines fair value, establishes a framework for measuring fair value, establishes a three-level valuation hierarchy for disclosure of fair value measurement and enhances disclosure requirements for fair value measurements. The valuation hierarchy is based upon the transparency of inputs to the valuation of an asset or liability as of the measurement date. The three levels are defined as follows: Level 1 - Inputs to the valuation methodology are quoted prices (unadjusted) for identical assets or liabilities in active markets. Level 2 - Inputs to the valuation methodology include quoted prices for similar assets and liabilities in active markets, and inputs that are observable for the asset or liability, either directly or indirectly, for substantially the full term of the financial instrument. Level 3 - Inputs to the valuation methodology are unobservable and significant to the fair value measurement. The Company’s adoption of fair value measurements and disclosures did not have a material impact on the financial statements and financial statement disclosures.
Use of Estimates, Policy [Policy Text Block]	USE OF ESTIMATES The preparation of financial statements in conformity with the GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.
Revenue Recognition, Policy [Policy Text Block]	REVENUE RECOGNITION Accounting Standards Codification (“ASC”) 605, Revenue Recognition Revenues are mainly consulting fees. The consulting fees are recognized when earned. Consulting fees from real estate advisory services that are subject to refund are recorded as deferred revenue until the project is completed and the fees are no longer refundable.
Income Tax, Policy [Policy Text Block]	INCOME TAXES Income taxes are accounted for under the asset and liability method. Deferred income taxes are recognized for temporary differences between the tax basis of assets and liabilities and their reported amounts in the financial statements, net of operating loss carry forwards and credits, by applying enacted statutory tax rates applicable to future years. Deferred tax assets are reduced by a valuation allowance when, in the opinion of management, it is not more likely than not that some portion or all of the deferred tax assets will be realized. Current income taxes are provided for in accordance with the laws of the relevant taxing authorities.
Earnings Per Share, Policy [Policy Text Block]	EARNINGS PER SHARE A basic earnings per share is computed by dividing net income to common stockholders by the weighted average number of shares outstanding for the year. Dilutive earnings per share include the effect of any potentially dilutive debt or equity under the treasury stock method, if including such instruments is dilutive.
New Accounting Pronouncements, Policy [Policy Text Block]	RECENTLY ISSUED ACCOUNTING PRONOUNCEMENTS In April 2015, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) 2015-3, “Simplifying the Presentation of Debt Issuance Costs” (“ASU 2015-3”). ASU 2015-3 requires that debt issuance costs related to a recognized debt liability be presented in the balance sheet as a direct deduction from the carrying amount of that debt liability, consistent with debt discounts, rather than separately as an asset. ASU 2015-3 is effective for annual reporting periods beginning after December 15, 2015, including interim periods within those years, and is to be applied retrospectively. Early adoption is permitted. The Company does not expect the adoption of ASU 2015-3 will have an impact on its results of operations or cash flows.

NOTE 2 - PROPERTY AND EQUIPME17

NOTE 2 - PROPERTY AND EQUIPMENT (Tables)	6 Months Ended
	Jun. 30, 2015
Property, Plant and Equipment [Abstract]
Property, Plant and Equipment [Table Text Block]	Equipment consists of the following: June 30, December 31, 2015 2014 (Unaudited) Furniture & Fixtures $ 17,589 $ 14,844 Office Equipment 2,255 - Automobile 24,527 24,527 Leasehold Improvements 21,710 - 66,081 39,371 Less: Accumulated depreciation (12,810 ) (8,949 ) $ 53,271 $ 30,422

NOTE 5 - AUTO LOAN (Tables)

NOTE 5 - AUTO LOAN (Tables)	6 Months Ended
	Jun. 30, 2015
Disclosure Text Block [Abstract]
Schedule of Maturities of Long-term Debt [Table Text Block]	In June 2013, the Company entered into a zero down and 0% interest financing arrangement to acquire a vehicle. Future minimum payments and the obligations due under the auto loan are as follows: For the Year Ended December 31: (Unaudited) 2015 2,453 2016 4,905 2017 4,905 2018 2,044 14,307 Less Current Portion (4,905 ) Long Term Portion $ 9,402

NOTE 1 - SUMMARY OF SIGNIFICA19

NOTE 1 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details) - USD ($)	Jun. 30, 2015	Dec. 31, 2014
Accounting Policies [Abstract]
Stockholders' Equity Attributable to Parent	$ (761,073)	$ (932,194)
Working Capital (Deficit)	$ (532,776)

NOTE 2 - PROPERTY AND EQUIPME20

NOTE 2 - PROPERTY AND EQUIPMENT (Details) - Schedule of Equipment - USD ($)	Jun. 30, 2015	Dec. 31, 2014
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, gross	$ 66,081	$ 39,371
Less: Accumulated depreciation	(12,810)	(8,949)
	53,271	30,422
Furniture and Fixtures [Member]
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, gross	17,589	14,844
Office Equipment [Member]
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, gross	2,255	0
Automobiles [Member]
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, gross	24,527	24,527
Leasehold Improvements [Member]
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, gross	$ 21,710	$ 0

NOTE 3 - DUE FROM (TO) AFFILI21

NOTE 3 - DUE FROM (TO) AFFILIATED COMPANIES (Details) - USD ($)	Jun. 30, 2015	Dec. 31, 2014
Related Party Transactions [Abstract]
Due from Related Parties, Current	$ 54,444	$ 19,859
Due to Related Parties, Current	$ 0	$ 64,154

NOTE 4 - SETTLEMENT PAYABLE (De

NOTE 4 - SETTLEMENT PAYABLE (Details)	Jun. 30, 2011USD ($)
NOTE 4 - SETTLEMENT PAYABLE (Details) [Line Items]
Settlement Liabilities, Current	$ 120,000
Settlement Due, October 2015 [Member]
NOTE 4 - SETTLEMENT PAYABLE (Details) [Line Items]
Settlement Liabilities, Current	100,000
Settlement Due, October 2016 [Member]
NOTE 4 - SETTLEMENT PAYABLE (Details) [Line Items]
Settlement Liabilities, Current	$ 20,000

NOTE 5 - AUTO LOAN (Details)

NOTE 5 - AUTO LOAN (Details) - USD ($)	1 Months Ended	6 Months Ended
	Jun. 30, 2013	Jun. 30, 2015	Jun. 30, 2014
NOTE 5 - AUTO LOAN (Details) [Line Items]
Payments to Acquire Property, Plant, and Equipment		$ 26,710	$ 14,844
Vehicles [Member] | Notes Payable, Other Payables [Member]
NOTE 5 - AUTO LOAN (Details) [Line Items]
Payments to Acquire Property, Plant, and Equipment	$ 0
Debt Instrument, Interest Rate, Stated Percentage	0.00%

NOTE 5 - AUTO LOAN (Details) -

NOTE 5 - AUTO LOAN (Details) - Schedule of Maturities of Long-term Debt - USD ($)	Jun. 30, 2015	Dec. 31, 2014
Schedule of Maturities of Long-term Debt [Abstract]
2,015	$ 2,453
2,016	4,905
2,017	4,905
2,018	2,044
	14,307
Less Current Portion	(4,905)	$ (4,905)
Long Term Portion	$ 9,402	$ 11,855

NOTE 6 - NOTE PAYABLE, OFFICE25

NOTE 6 - NOTE PAYABLE, OFFICERS (Details) - USD ($)	12 Months Ended
	Dec. 31, 2014	Jun. 30, 2015	Jan. 01, 2011
NOTE 6 - NOTE PAYABLE, OFFICERS (Details) [Line Items]
Notes Payable, Related Parties, Noncurrent	$ 389,804	$ 252,166
Chief Executive Officer [Member] | Convertible Debt [Member]
NOTE 6 - NOTE PAYABLE, OFFICERS (Details) [Line Items]
Debt Instrument, Interest Rate, Stated Percentage			6.00%
Debt Instrument, Description	the convertible note was amended to waive the right of conversion and will be used as a line of credit
Chief Executive Officer [Member] | Notes Payable, Other Payables [Member]
NOTE 6 - NOTE PAYABLE, OFFICERS (Details) [Line Items]
Interest Payable	$ 271,075	$ 279,251
Maximum [Member] | Chief Executive Officer [Member] | Convertible Debt [Member]
NOTE 6 - NOTE PAYABLE, OFFICERS (Details) [Line Items]
Debt Instrument, Face Amount			$ 1,800,000

NOTE 7 - INCOME TAXES (Details)

NOTE 7 - INCOME TAXES (Details) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
NOTE 7 - INCOME TAXES (Details) [Line Items]
Current Federal Tax Expense (Benefit)			$ 93,871
Current Income Tax Expense (Benefit)				$ (14,284)
Deferred Tax Assets, Net of Valuation Allowance	$ 0	$ 0	0	0
Unrecognized Tax Benefits, Income Tax Penalties and Interest Expense	0	0	0	0
Domestic Tax Authority [Member]
NOTE 7 - INCOME TAXES (Details) [Line Items]
Operating Loss Carryforwards	$ 0		$ 0
State and Local Jurisdiction [Member]
NOTE 7 - INCOME TAXES (Details) [Line Items]
Operating Loss Carryforwards		$ 276,918		$ 276,918

NOTE 8 - SHAREHOLDERS' DEFICIT

NOTE 8 - SHAREHOLDERS' DEFICIT (Details) - $ / shares	Jun. 30, 2015	Dec. 31, 2014
Stockholders' Equity Note [Abstract]
Common Stock, Shares Authorized	45,000,000	45,000,000
Common Stock, Shares, Outstanding	14,445,363	14,445,363
Common Stock, Shares, Issued	14,445,363	14,445,363
Common Stock, Par or Stated Value Per Share (in Dollars per share)	$ 0.001	$ 0.001

NOTE 9 - COMMITMENT (Details)

NOTE 9 - COMMITMENT (Details) - 12 months ended Dec. 31, 2014 - Building [Member] - USD ($)	Total
NOTE 9 - COMMITMENT (Details) [Line Items]
Description of Lessee Leasing Arrangements, Operating Leases	leased office space from one of its officer under a month by month basis
Operating Leases, Rent Expense, Minimum Rentals	$ 3,500

NOTE 10 - CONCENTRATION (Detail

NOTE 10 - CONCENTRATION (Details) - Sales Revenue, Services, Net [Member] - Consulting Fees [Member] - Customer Concentration Risk [Member]	6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014
Customer A [Member]
NOTE 10 - CONCENTRATION (Details) [Line Items]
Concentration Risk, Percentage	59.00%	63.00%
Customer B [Member]
NOTE 10 - CONCENTRATION (Details) [Line Items]
Concentration Risk, Percentage	22.00%	24.00%
Customer C [Member]
NOTE 10 - CONCENTRATION (Details) [Line Items]
Concentration Risk, Percentage		11.00%