Ceetop (CTOP) 10-Q 19 Aug 14 2014 Q2 Quarterly report Financial data

Document_and_Entity_Informatio

Document and Entity Information	6 Months Ended
	Jun. 30, 2014	Aug. 14, 2014
Document and Entity Information [Abstract]	'	'
Entity Registrant Name	'Ceetop Inc.	'
Entity Central Index Key	'0001439254	'
Amendment Flag	'false	'
Current Fiscal Year End Date	'--12-31	'
Document Type	'10-Q	'
Document Period End Date	30-Jun-14	'
Document Fiscal Year Focus	'2014	'
Document Fiscal Period Focus	'Q2	'
Entity Filer Category	'Smaller Reporting Company	'
Entity Common Stock, Shares Outstanding	'	40,956,631

Consolidated_Balance_Sheets

Consolidated Balance Sheets(USD ($))	Jun. 30, 2014	Dec. 31, 2013
Current Assets	'	'
Cash and cash equivalents	$11,186	$118,299
Other receivables	74,368	86,603
Prepaid expenses and deposits	'	22,994
Total Current Assets	85,554	227,896
Non-current assets	'	'
Property, plant and equipment, net (note 4)	232,697	266,583
Equity investment in an investee company (note 5)	1,210,017	1,299,995
Prepayment for software development (note 6)	974,580	981,643
Total Assets	2,502,848	2,776,117
Current Liabilities	'	'
Accrued expenses and other payables	347,472	335,228
Due to related parties (note 10)	197,441	'
Total Current Liabilities	544,913	335,228
Stockholders' Equity	'	'
Common stock, $0.001 par value, 100,000,000 shares authorized, 40,956,631 and 17,956,631 shares issued and outstanding as at June 30, 2014 and December 31, 2013 (note 8a)	40,956	17,956
Shares subscription	'	3,680,000
Additional paid-in capital	10,934,187	7,277,187
Deferred stock based compensation (note 8b)	-2,733	-117,285
Accumulated other comprehensive income	169,698	188,666
Accumulated (deficit)	-9,184,173	-8,605,635
Total Stockholders' Equity	1,957,935	2,440,889
Total Liabilities and Stockholders' Equity	$2,502,848	$2,776,117

Consolidated_Balance_Sheets_Pa

Consolidated Balance Sheets (Parenthetical) (USD $)	Jun. 30, 2014	Dec. 31, 2013
Balance Sheets [Abstract]	'	'
Common Stock, par value (In dollars per share)	$0.00	$0.00
Common stock, shares authorized	100,000,000	100,000,000
Common stock, shares issued	40,956,631	17,956,631
Common Stock, shares outstanding	40,956,631	17,956,631

Consolidated_Statements_of_Ope

Consolidated Statements of Operations and Comprehensive Loss (Un-audited) (USD $)	3 Months Ended		6 Months Ended
	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013
Statements of Income and Comprehensive Income [Abstract]	'	'	'	'
Selling, general and administrative expense	$205,381	$295,685	$494,274	$505,456
Loss on disposal of property and equipment	'	'	3,834	'
(Loss) from operations	-205,381	-295,685	-498,108	-505,456
Other income (loss)	'	'	'	'
Equity (loss) - share of investee company (note 5)	-26,969	'	-80,502	'
Interest income	8	2,455	72	2,457
Net (loss)	-232,342	-293,230	-578,538	-502,999
Other comprehensive (loss) income - Foreign currency translation adjustment	-323	34,040	-18,968	34,220
Comprehensive (loss)	($232,665)	($259,190)	($597,506)	($468,779)
Net (loss) per share - basic and diluted	($0.01)	($0.02)	($0.02)	($0.03)
Weighted average shares outstanding -basic and diluted	40,956,631	16,804,426	34,348,896	16,803,245

Consolidated_Statements_of_Cas

Consolidated Statements of Cash Flows (Un-audited) (USD $)	6 Months Ended
	Jun. 30, 2014	Jun. 30, 2013
CASH FLOWS FROM OPERATING ACTIVITIES	'	'
Net (loss)	($578,538)	($502,999)
Adjustments to reconcile net (loss) to net cash used in operating activities	'	'
Depreciation of property, plant and equipment	25,863	10,057
Share based payment expenses	114,552	149,454
Accounts receivable written off	'	73,161
Loss on disposal of property and equipment	3,834	'
Share of loss in equity investment in Softview	80,502	'
Changes in operating assets and liabilities:	'	'
Other receivables, deposits and prepayment	34,763	10,280
Accrued expenses and other payables	12,969	-252,522
Net cash (used in) operating activities	-306,055	-512,569
CASH FLOWS FROM INVESTING ACTIVITIES	'	'
Purchase of property and equipment	-1,443	-96,902
Disposal of property and equipment	8,434	'
Net cash generated by (used in) investing activities	6,991	-96,902
CASH FLOWS FROM FINANCING ACTIVITIES	'	'
Advance from a director (note 10a)	35,011	'
Advance from an investee company (note 10b)	162,430	'
Cash received in advance of shares subscription	'	3,529,700
Net cash generated by financing activities	197,441	3,529,700
Effect of exchange rate changes on cash and cash equivalents	-5,490	28,996
Net change in cash and cash equivalents	-107,113	2,949,225
Cash and cash equivalents, beginning balance	118,299	71,608
Cash and cash equivalents, ending balance	$11,186	$3,020,833

Consolidated_Statements_of_Cas1

Consolidated Statements of Cash Flows (Parenthetical) (Un-audited) (USD $)	1 Months Ended	12 Months Ended
	Feb. 28, 2014	Dec. 31, 2013
SUPPLEMENTAL DISCLOSURE OF NON-CASH ACTIVITIES	'	'
Stock issued under stock purchase agreement to 10 investors	23,000,000	'
Shares subscription	$3,680,000	$3,680,000
Stock purchase agreement per share price	$0.16	'

Consolidated_Statement_of_Stoc

Consolidated Statement of Stockholders' Equity (Deficit) (USD $)	Total	Common stock	Shares subscription	Additional Paid-In Capital	Deferred stock based compensation (note 8b)	Accumulated other comprehensive income (Loss)	Accumulated Deficit
Beginning Balance at Dec. 31, 2012	($143,957)	$16,790	'	$5,836,413	($394,664)	$116,580	($5,719,076)
Beginning Balance, (shares) at Dec. 31, 2012	'	16,790,631	'	'	'	'	'
Foreign currency translation adjustments (Note 12)	72,086	'	'	'	'	72,086	'
Amortization of deferred stock based compensation (note 8b)	277,379	'	'	'	277,379	'	'
Issuance of common stock to employees	1,437,500	1,150	'	1,436,350	'	'	'
Issuance of common stock to employees (Shares)	'	1,150,000	'	'	'	'	'
Issuance of common stock for legal services	4,440	16	'	4,424	'	'	'
Issuance of common stock for legal services (Shares)	'	16,000	'	'	'	'	'
Shares subscribed (Note 6)	3,680,000	'	3,680,000	'	'	'	'
Loss for year	-2,886,559	'	'	'	'	'	-2,886,559
Balance at Dec. 31, 2013	2,440,889	17,956	3,680,000	7,277,187	-117,285	188,666	-8,605,635
Balance, (Shares) at Dec. 31, 2013	'	17,956,631	'	'	'	'	'
Foreign currency translation adjustments (Note 12)	-18,968	'	'	'	'	-18,968	'
Amortization of deferred stock based compensation (note 8b)	114,522	'	'	'	114,522	'	'
Issuance of common stock due to shares subscription (note 8a)	'	23,000	-3,680,000	3,657,000	'	'	'
Issuance of common stock due to shares subscription (note 8a) (shares)	'	23,000,000	'	'	'	'	'
Loss for year	-578,538	'	'	'	'	'	-578,538
Balance at Jun. 30, 2014	$1,957,935	$40,956	'	$10,934,187	($2,733)	$169,698	($9,184,173)
Balance, (Shares) at Jun. 30, 2014	'	40,956,631	'	'	'	'	'

Organization

Organization	6 Months Ended
	Jun. 30, 2014
Organization [Abstract]	'
ORGANIZATION	'
	Note 1 - ORGANIZATION
	Ceetop, Inc. (the “Company” or “Ceetop”) was incorporated in Oregon on February 18, 2003 under the name of GL Gold Inc.  On June 6, 2003 the Company filed an amendment with the State of Oregon changing its name to Oregon Gold, Inc.  On January 7, 2011 Oregon Gold Inc. changed its name to China Ceetop.com, Inc.  On September 12, 2013, the Company further changed its name to Ceetop Inc.
	Surry Holdings Limited (“Surry”) was incorporated in the British Virgin Islands on September 18, 2009.  Surry owns 100% of Westow Technology Limited (“Westow”), a company incorporated in the British Virgin Islands, which in turn owns 100% of Shenzhen Ceetop Network Technology Co., Limited ("SZ Ceetop"), a company incorporated in Shenzhen, Peoples’ Republic of China ("PRC") and ultimately owns 100% of Hangzhou Ceetop Network Technology Co., Limited ("HZ Ceetop"), a company incorporated in Hangzhou, PRC.
	Pursuant to a series of transactions completed in September, 2009, Surry became the holding company of Westow, SZ Ceetop and HZ Ceetop ("Group Reorganization").
	Since Surry, Westow, SZ Ceetop and HZ Ceetop were under common control of a controlling party both before and after the completion of the Group Reorganization, the Group Reorganization has been accounted for using merger accounting.  The consolidated financial statements have been prepared on the basis as if Surry had always been the holding company of Westow, SZ Ceetop and HZ Ceetop and this group structure had been in existence throughout the six months ended June 30, 2014 and year ended December 31, 2013 as defined by Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) 810, “Consolidation”.
	On January 27, 2011, the Company became the holding company of Surry through a reverse acquisition.  The Company acquired all of the issued and outstanding capital stock of Surry pursuant to the share exchange agreement dated December 30, 2010 by and among Surry, the Company and the shareholders of the Company (the “Share Exchange Agreement”).  At the same time, the Company effected a reverse stock split such that the number of all existing issued shares were reduced from 19,900,100 to 866,636 on a 23 to 1 basis.  Pursuant to the Share Exchange Agreement, the Company acquired 100% of the capital stock and ownership interests of Surry in exchange for 28,496,427 newly-issued shares of the Company’s common stock and 3,558,046 newly issued shares of the Company’s series A preferred stock.
	Prior to the acquisition of the Surry, the Company was a non-operating public shell.  Pursuant to Securities and Exchange Commission (“SEC”) rules, the merger or acquisition of a private operating company into a non-operating public shell with nominal net assets is considered as a capital transaction, rather than a business combination.  Accordingly, for accounting and financial reporting purposes, the transaction was treated as a reverse acquisition, wherein Surry is considered the acquirer.  The assets and liabilities of Surry have been brought forward at their book value and no goodwill has been recognized.  The historical financial statements prior to January 27, 2011 are those of Surry.
	The Company operates in a single reportable segment, the principal activities of the Company were engaged in the provision of an online platform for distribution of 3C products (computers/communications/consumer electronics) in the PRC by way of a website named www.ceetop.com mainly through its wholly owned legal subsidiaries HZ Ceetop and SZ Ceetop.
	The Company has transformed from online retail sales into an integrated supply chain service provider, and focuses on business to business supply chain management and related value added services for customers.  Through the stimulation of labor specialization, the original competition between products or companies has turned into the competition between supply chains. Each supply chain is a consolidation of companies to provide the final products.
	On March 5, 2013, the name of the subsidiary company, SZ Ceetop was changed to Guizhou Ceetop Network Technology Co., Limited (“GZ Ceetop”).
	On May 29, 2013, GZ Ceetop established two 100% owned subsidiaries, Hangzhou Tuoyin Management Consulting Co., Limited and Hangzhou Lianzhan Supply Chain Management Co., Limited to enhance the management of Business to Business  supply chain service.
	On August 22, 2013, GZ Ceetop acquired a 42.5% interest in Hangzhou Softview Information Technology Company Limited to enhance information technology in the supply chain management system. On January 14, 2014, the name of GZ Ceetop was changed to Guizhou Ceetop Group Holding Co., Limited.
	On April 3, 2014, the name of Surry was changed to Ceetop Holdings Limited.
	These Consolidated Financial Statements present the Company and its subsidiaries on a historical basis.

Going_Concern

Going Concern	6 Months Ended
	Jun. 30, 2014
Going Concern [Abstract]	'
GOING CONCERN	'
	Note 2 - GOING CONCERN
	The accompanying Consolidated Financial Statements have been prepared assuming the Company will continue as a going concern.  As shown in the accompanying Consolidated Financial Statements, the Company generated no income for the six months ended June 30, 2014 due to transitioning from online retail sales to supply chain services, incurred net losses of $232,342 and $293,230 for the three months ended June 30, 2014 and 2013 respectively; $578,538 and $502,999 for the six months ended June 30, 2014 and 2013 respectively, and has accumulated deficit of $9,184,173 and $8,605,635 at June 30, 2014 and December 31, 2013, respectively.  Furthermore, previous discussion between the Company and the Government of Guiyang (the “Government”) during the year ended December 31, 2012, to provide subsidies to the Company amounting to RMB 10,000,000 per year for three consecutive years to entice the Company to relocate to Guiyang remains inconclusive.  It appears, as at June 30, 2014, it is more-likely-than-not, the Company will not be able to obtain the subsidies from the Government. Furthermore, the Company has transformed from online retail sales into an integrated supply chain service provider. There has been no revenue generated so far from this new business segment and the Company requires additional capital and funds to continue its development in this activity. These factors create an uncertainty about the Company’s ability to continue as a going concern.  In this regard, management is proposing to raise any necessary additional funds not provided by operations through loans or through additional sales of common stock, although there is no guarantee the Company will be successful in raising these necessary additional funds.

Summary_of_Significant_Account

Summary of Significant Accounting Policies	6 Months Ended
	Jun. 30, 2014
Summary of Significant Accounting Policies [Abstract]	'
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	'
	Note 3 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
	Basis of Presentation
	The accompanying Consolidated Financial Statements have been prepared in conformity with accounting principles generally accepted in the United States of America (“U.S. GAAP”).  The Company adopted the new accounting guidance (“Codification”) on July 1, 2009.  All reference for periods subsequent to July 1, 2009 are based on the Codification.  The Company's functional currency is the Chinese Yuan (“Renminbi”, “RMB”); however the accompanying consolidated financial statements have been translated and presented in the United States Dollars (“$”).
	Principles of Consolidation
	The Consolidated Financial Statements incorporate the financial statement items of the combining entities or businesses in which the common control combination occurs as if they had been combined from the date when the combining entities or businesses first came under the control of the controlling party.
	The net assets of the combining entities or businesses are combined using the existing book values from the controlling parties’ perspective.  No amount is recognized in respect of goodwill or excess of acquirer’s interest in the net fair value of acquiree’s identifiable assets, liabilities and contingent liabilities over cost at the time of common control combination, to the extent of the continuation of the controlling party’s interest.
	The Consolidated Statements of Operations and Comprehensive Loss include the results of each of the combining entities or businesses from the earliest date presented or since the date when the combining entities or businesses first came under common control, where this is a shorter period.
	A business combination involving entities or businesses under common control is a business combination in which all of the combining entities or businesses are ultimately controlled by the same party or parties both before and after the business combination, and that control is not transitory.  Such business combinations are referred to as common control combinations which is in line with U.S. GAAP.
	Translation Adjustment
	As of June 30, 2014 and December 31, 2013, the accounts of the Company were maintained, and its financial statements were expressed, in RMB. Such financial statements were translated into USD in accordance with the Foreign Currency Matters Topic of the Codification, with the RMB as the functional currency. According to the Codification, all assets and liabilities were translated at the current exchange rate, stockholders’ equity are translated at the historical rates and income statement items are translated at the average exchange rate for the period. The resulting translation adjustments are reported under other comprehensive income in accordance with the Comprehensive Income Topic of the Codification, as a component of shareholders’ equity. Transaction gains and losses are reflected in the Consolidated Statements of Operations and Comprehensive Loss.
	Equity Method Investments
	In accordance with ASC 323, accounting for equity method investments, investee companies that are not consolidated, but over which the Company exercises significant influence, are accounted for under the equity method of accounting. Whether or not the Company exercises significant influence with respect to an investee depends on an evaluation of several factors including, among others, representation on the investee company’s board of directors and ownership level, which is generally a 20% to 50% interest in the voting securities of the investee company. Under the equity method of accounting, an investee company’s accounts are not reflected within the Company’s Consolidated Balance Sheets and Consolidated Statements of Operations and Comprehensive Loss. The Company’s share of the earnings or losses of the investee company is however reflected in the caption “Equity (loss)/gain-share of investee company” in the Consolidated Statements of Operations and Comprehensive Loss. The Company’s carrying value in an investee company under equity method is reflected in the caption ‘‘Equity investment in an Investee company’’ in the Company’s Consolidated Balance Sheets.
	When the Company’s carrying value in an equity method investee company is reduced to zero, no further losses are recorded in the Company’s consolidated financial statements unless the Company has guaranteed the obligations of the investee company or has committed additional funding to finance the investee company. When the investee company subsequently reports income, the Company will not record its share of such income until it equals the amount of its share of losses not previously recognized.
	With respect to the difference between investor cost and underlying equity in net assets of investee at date of investment (basis difference), ASC 323 requires this difference to be assigned to depreciable or amortizable assets or liabilities and the basis difference should be amortized or depreciated in connection with the income/loss recognized by the investor of their proportionate share of the investee’s net income or loss.  This effectively adjusts the investee basis to the investor’s basis, generally over a period of time.
	Unaudited Interim Financial Information
	These unaudited interim consolidated financial statements have been prepared in accordance with GAAP for interim financial reporting 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, 2014.
	The consolidated balance sheets and certain comparative information as of December 31, 2013 are derived from the audited consolidated financial statements and related notes for the year ended December 31, 2013 (“2013 Annual Financial Statements”), included in the Company’s 2013 Annual Report on Form 10-K. These unaudited interim consolidated financial statements should be read in conjunction with the 2013 Annual Financial Statements.
	Use of Estimates
	The preparation of financial statements in conformity with generally accepted accounting principles 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.
	Recent accounting pronouncements
	In May 2014, the FASB issued ASU No. 2014-09, Revenue from Contracts with Customers, a converged standard on revenue recognition. The new pronouncement requires revenue recognition to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. The guidance also specifies the accounting for some costs to obtain or fulfil a contract with a customer, as well as enhanced disclosure requirements.  ASU 2014-9 is effective for annual reporting periods beginning after December 15, 2016. Early adoption is not permitted. The adoption of ASC 2014-9 is not expected to have a material effect on our consolidated financial statements.
	As of June 30, 2014, there are no recently issued accounting standards not yet adopted that would have a material effect on the Company’s financial statements.

Property_Plant_and_Equipment

Property, Plant and Equipment	6 Months Ended
	Jun. 30, 2014
Property, Plant and Equipment [Abstract]	'
PROPERTY, PLANT AND EQUIPMENT	'
	Note 4 – PROPERTY, PLANT AND EQUIPMENT
	Property, plant and equipment are stated at cost. Expenditures for maintenance and repairs are charged to earnings as incurred; additions, renewals and betterments are capitalized. When property, plant and equipment are retired or otherwise disposed of, the related cost and accumulated depreciation are removed from the respective accounts, and any gain or loss is included in operations. Depreciation of property, plant and equipment is provided using the straight-line method for substantially all assets with estimated lives of:
	Office equipment	3 - 5 years
	Leasehold improvement	3 years
	Motor vehicles	10 years
	As of June 30, 2014 and December 31, 2013, property, plant & equipment consist of the following:
			6/30/14			12/31/13
	Office equipment			396,381			406,306
	Leasehold improvement			95,479			96,171
	Motor vehicles			53,927			54,318
	Accumulated depreciation			(313,090	)		(290,212	)
			$	232,697		$	266,583
	Depreciation expense for the three months ended June 30, 2014 and 2013 was $12,696 and $2,822, respectively; for the six months ended June 30, 2014 and 2013 was $25,863 and $10,057, respectively.

Equity_Investment_in_an_Invest

Equity Investment in an Investee Company	6 Months Ended
	Jun. 30, 2014
Equity Investment In An Investee Company [Abstract]	'
EQUITY INTEREST IN AN INVESTEE COMPANY	'
	Note 5 – EQUITY INVESTMENT IN AN INVESTEE COMPANY
	In August 2013 the Company entered into a Capital Investment and Share Expansion Agreement (the “Agreement”) with Hangzhou Softview Information Technology Company Limited (“Softview”).  Softview, located in Hangzhou, Zhejiang Province, China, is an enterprise focusing on e-commerce, supply chain information systems development, maintenance and support.  Pursuant to the Agreement, in exchange for a 42.5% of the total equity in Softview, the Company paid $1,382,761 (RMB 8,500,000) to Softview, while the existing shareholders of Softview contributed approximately $0.1 million in cash and intellectual property with a fair value of approximately $1.6 million.
	As at June 30, 2014 and December 31, 2013, the Company’s share of underlying net assets of Softview is as follows:
		6/30/14			12/31/13
	Current assets	$	1,483,454		$	1,596,417
	Current liabilities		(139,123	)		(134,337	)
	Property, plant and equipment		13,826			15,194
	Intangible assets		1,488,941			1,581,536
	Underlying net assets of Softview	$	2,847,098		$	3,058,810
	The Company's investment		1,210,017		$	1,299,995
	The Company's share of underlying net assets of Softview		1,210,017			1,299,995
	Difference		-		$	-
	The results of operations of Softview are summarized below:
	Condensed income statement information:
		Three months ended			Six months ended
		30-Jun-14			30-Jun-14
	Net sales	$	52,454		$	110,590
	Gross profit	$	(17,958	)	$	16,068
	Net (loss)	$	(63,455	)	$	(189,416	)
	Company's 42.5 % share of loss	$	(26,969	)	$	(80,502	)
	For the purpose of incorporating Softview’s condensed financial information into these Consolidated Financial Statements, management determined that there are no significant differences between the Company’s and Softview’s accounting policy.

Prepayments_for_Software_Devel

Prepayments for Software Development	6 Months Ended
	Jun. 30, 2014
Prepayment For Software Development [Abstract]	'
PREPAYMENT FOR SOFTWARE DEVELOPMENT	'
	Note 6 – PREPAYMENT FOR SOFTWARE DEVELOPMENT
	In December 2013, the Company entered into a software development agreement with certain software developer in the PRC to develop a customized software for the Company’s exclusive use by December 31, 2014, for total consideration of $981,643 (RMB 6,000,000).  Pursuant to the terms of the software development agreement, the Company made a prepayment of $981,643 upon signing of the software development agreement.  In accordance with the Company’s accounting policies on translation adjustment, the amount was translated from RMB at the current exchange rate at June 30, 2014 to $974,580. Total amount of the prepayment is fully refundable if the software developer fails to develop and deliver the customized software to the Company that meets the Company’s specification by December 31, 2014.

Income_Taxes

Income Taxes	6 Months Ended
	Jun. 30, 2014
Income Taxes [Abstract]	'
INCOME TAXES	'
	Note 7 - INCOME TAXES
	The Company operates in more than one jurisdiction with the main operations conducted in PRC, and no activities in United States, with complex regulatory environments subject to different interpretations by the taxpayer and the respective governmental taxing authorities.  The Company evaluates its tax positions and establishes liabilities, if required.
	Pursuant to the PRC Income Tax Laws, the Enterprise Income Tax (“EIT”) through December 31, 2007 is at a statutory rate of 33%, which is comprised of 30% national income tax and 3% local income tax.  From January 1, 2008 onwards, the EIT is at a statutory rate of 25%.
	The Company has not recognized deferred tax asset in respect of tax loss in these Consolidated Financial Statements as it is not more-likely-than-not that the future taxable profit against which loss can be utilized will be available to the entities operating in PRC.
	Uncertain Tax Positions
	Interest associated with unrecognized tax benefits are classified as income tax and penalties in selling, general and administrative expenses in the statements of operations.  For the three and six months ended June 30, 2014 and 2013, the Company had no related interest and penalties expenses. Currently, the Company is not subject to examination by major tax jurisdictions, but the tax authority in PRC has the right to examine the Company’s tax position in all past years.

Share_Capital

Share Capital	6 Months Ended
	Jun. 30, 2014
Share Capital [Abstract]	'
SHARE CAPITAL	'
	Note 8 – SHARE CAPITAL
	(a) Common shares
	The Company is authorized to issue up to 100,000,000 shares of common stock of par value of $0.001 per share and 3,558,046 shares of Series A preferred stock of par value of $0.001 per share.  As of June 30, 2014 and December 31, 2013, the Company has a total of 40,956,631 and 17,956,631 shares of common stock and no shares of Series A Preferred Stock outstanding.
	For the year ended December 31, 2013	Shares issued		Value
	i. issued for legal advisory services, valued at $0.02 per share		12,000	$	240
	ii. issued for legal advisory services, valued at $1.05 per share		4,000		4,200
	iii. issued to employees for past services, valued at $1.25 per share		1,150,000		1,437,500
	Total common stock issued during the year ended December 31, 2013		1,166,000	$	1,441,940
	For the six months ended June 30, 2014	Shares issued		Value
	iv. sale of shares of common stock to 10 different investors pursuant to a Stock Purchase Agreement, valued at $0.16 per share		23,000,000	$	3,680,000
	Total common stock issued during the six months ended June 30, 2014		23,000,000	$	3,680,000
	These shares were fully vested and not subject to forfeiture when issued.
	(b) Deferred stock-based compensation
	On July 12, 2011, the Company issued an aggregate of 2,900,000 shares of the Company’s common stock to four independent parties, in exchange for market research and other advisory services from them pursuant to the terms of four consultancy agreements dated May 6, 2011, June 15, 2011, April 3, 2011 and May 5, 2011 respectively (“Consultancy Agreements”).  The shares were fully vested and not subject to forfeiture when issued. The fair value of the shares issued was $0.31 per share and the total fair value of the shares issued was $899,000.  The fair value of the shares issued was based on the quoted market price of the Company’s shares as of July 12, 2011. The total fair value of the shares issued are recognized as a share-based payment expense over the period from the date of the Consultancy Agreements to the consultancy services are completed.  The consultancy services are to be performed for two to three years.   For the three months ended June 30, 2014 and 2013, the Company amortized $49,808 and $73,457; for the six months ended June 30, 2014 and 2013, the Company amortized $114,552 and $149,454 as share-based payment expense respectively.  The unrecognized share-based payment expense of $2,733 as of June 30, 2014 will be amortized up to July 2014.  There is no tax benefit related to the share-based payment expense recognized.

Statutory_Reserve

Statutory Reserve	6 Months Ended
	Jun. 30, 2014
Statutory Reserve [Abstract]	'
STATUTORY RESERVE	'
	Note 9 - STATUTORY RESERVE
	In accordance with the laws and regulations of the PRC, a wholly-owned Foreign Invested Enterprise’s income, after the payment of the PRC income taxes, shall be allocated to the statutory reserves.  The allocation is 10 percent of the net income and the cumulative allocations are not to exceed 50 percent of the registered capital.  However, the laws do not prohibit enterprises to allocate net income to this reserve after the limit of 50 per cent of registered capital has been reached.  These reserves are not transferable to the Company in the form of cash dividends, loans or advances. These reserves are therefore not available for distribution except in liquidation. As of June 30, 2014 and December 31, 2013, the Company has not allocated to these non-distributable reserve funds due to losses sustained in the three and six months ended June 30, 2014 and the year ended December 31, 2013.

Related_Party_Transaction

Related Party Transaction	6 Months Ended
	Jun. 30, 2014
Related Party Transactions [Abstract]	'
RELATED PARTY TRANSACTION	'
	Note 10 – RELATED PARTY TRANSACTION
		(a)	During the six months ended June 30, 2014, the Company received advances totaling $35,011 from a director, who is also an officer of the Company. These advances are non-interest bearing and have no stated repayment terms.
		(b)	During the six months ended June 30, 2014, the Company received advances totaling $162,430 from Softview. These advances are non-interest bearing and have no stated repayment terms.

Current_Vulnerability_Due_to_C

Current Vulnerability Due to Certain Risk Factors	6 Months Ended
	Jun. 30, 2014
Current Vulnerability Due To Certain Risk Factors [Abstract]	'
CURRENT VULNERABILITY DUE TO CERTAIN RISK FACTORS	'
	Note 11 - CURRENT VULNERABILITY DUE TO CERTAIN RISK FACTORS
	The Company’s operations are carried out entirely in the PRC.  Accordingly, the Company’s business, financial condition and results of operations may be influenced by the political, economic and legal environments in the PRC, by the general state of the PRC's economy.  The Company’s business may be influenced by changes in governmental policies with respect to laws and regulations, anti-inflationary measures, currency conversion and remittance abroad, and rates and methods of taxation, among other things.

Subsequent_Events

Subsequent Events	6 Months Ended
	Jun. 30, 2014
Subsequent Events [Abstract]	'
SUBSEQUENT EVENTS	'
	Note 12 - SUBSEQUENT EVENTS
	The Company has evaluated subsequent events for potential recognition and disclosure.
	On August 2, 2014, the Company entered into a stock purchase agreement (the “Shares Transaction”) to issue 6,000,000 shares of the Company’s common stock to four arm’s length investor for total consideration of $960,000. Up to the day these consolidated financial statements are filed, the Shares Transaction has not yet been completed.
	No other significant events occurred subsequent to the balance sheet date but prior to the filing of this report that would have a material impact on our consolidated financial statements.

Summary_of_Significant_Account1

Summary of Significant Accounting Policies (Policies)	6 Months Ended
	Jun. 30, 2014
Summary of Significant Accounting Policies [Abstract]	'
Basis of Presentation	'
	Basis of Presentation
	The accompanying Consolidated Financial Statements have been prepared in conformity with accounting principles generally accepted in the United States of America (“U.S. GAAP”).  The Company adopted the new accounting guidance (“Codification”) on July 1, 2009.  All reference for periods subsequent to July 1, 2009 are based on the Codification.  The Company's functional currency is the Chinese Yuan (“Renminbi”, “RMB”); however the accompanying consolidated financial statements have been translated and presented in the United States Dollars (“$”).
Principles of Consolidation	'
	Principles of Consolidation
	The Consolidated Financial Statements incorporate the financial statement items of the combining entities or businesses in which the common control combination occurs as if they had been combined from the date when the combining entities or businesses first came under the control of the controlling party.
	The net assets of the combining entities or businesses are combined using the existing book values from the controlling parties’ perspective.  No amount is recognized in respect of goodwill or excess of acquirer’s interest in the net fair value of acquiree’s identifiable assets, liabilities and contingent liabilities over cost at the time of common control combination, to the extent of the continuation of the controlling party’s interest.
	The Consolidated Statements of Operations and Comprehensive Loss include the results of each of the combining entities or businesses from the earliest date presented or since the date when the combining entities or businesses first came under common control, where this is a shorter period.
	A business combination involving entities or businesses under common control is a business combination in which all of the combining entities or businesses are ultimately controlled by the same party or parties both before and after the business combination, and that control is not transitory.  Such business combinations are referred to as common control combinations which is in line with U.S. GAAP.
Translation Adjustment	'
	Translation Adjustment
	As of June 30, 2014 and December 31, 2013, the accounts of the Company were maintained, and its financial statements were expressed, in RMB. Such financial statements were translated into USD in accordance with the Foreign Currency Matters Topic of the Codification, with the RMB as the functional currency. According to the Codification, all assets and liabilities were translated at the current exchange rate, stockholders’ equity are translated at the historical rates and income statement items are translated at the average exchange rate for the period. The resulting translation adjustments are reported under other comprehensive income in accordance with the Comprehensive Income Topic of the Codification, as a component of shareholders’ equity. Transaction gains and losses are reflected in the Consolidated Statements of Operations and Comprehensive Loss.
Equity Method Investments	'
	Equity Method Investments
	In accordance with ASC 323, accounting for equity method investments, investee companies that are not consolidated, but over which the Company exercises significant influence, are accounted for under the equity method of accounting. Whether or not the Company exercises significant influence with respect to an investee depends on an evaluation of several factors including, among others, representation on the investee company’s board of directors and ownership level, which is generally a 20% to 50% interest in the voting securities of the investee company. Under the equity method of accounting, an investee company’s accounts are not reflected within the Company’s Consolidated Balance Sheets and Consolidated Statements of Operations and Comprehensive Loss. The Company’s share of the earnings or losses of the investee company is however reflected in the caption “Equity (loss)/gain-share of investee company” in the Consolidated Statements of Operations and Comprehensive Loss. The Company’s carrying value in an investee company under equity method is reflected in the caption ‘‘Equity investment in an Investee company’’ in the Company’s Consolidated Balance Sheets.
	When the Company’s carrying value in an equity method investee company is reduced to zero, no further losses are recorded in the Company’s consolidated financial statements unless the Company has guaranteed the obligations of the investee company or has committed additional funding to finance the investee company. When the investee company subsequently reports income, the Company will not record its share of such income until it equals the amount of its share of losses not previously recognized.
	With respect to the difference between investor cost and underlying equity in net assets of investee at date of investment (basis difference), ASC 323 requires this difference to be assigned to depreciable or amortizable assets or liabilities and the basis difference should be amortized or depreciated in connection with the income/loss recognized by the investor of their proportionate share of the investee’s net income or loss.  This effectively adjusts the investee basis to the investor’s basis, generally over a period of time.
Unaudited Interim Financial Information	'
	Unaudited Interim Financial Information
	These unaudited interim consolidated financial statements have been prepared in accordance with GAAP for interim financial reporting 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, 2014.
	The consolidated balance sheets and certain comparative information as of December 31, 2013 are derived from the audited consolidated financial statements and related notes for the year ended December 31, 2013 (“2013 Annual Financial Statements”), included in the Company’s 2013 Annual Report on Form 10-K. These unaudited interim consolidated financial statements should be read in conjunction with the 2013 Annual Financial Statements.
Use of Estimates	'
	Use of Estimates
	The preparation of financial statements in conformity with generally accepted accounting principles 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.
Recent Accounting Pronouncements	'
	Recent accounting pronouncements
	In May 2014, the FASB issued ASU No. 2014-09, Revenue from Contracts with Customers, a converged standard on revenue recognition. The new pronouncement requires revenue recognition to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. The guidance also specifies the accounting for some costs to obtain or fulfil a contract with a customer, as well as enhanced disclosure requirements.  ASU 2014-9 is effective for annual reporting periods beginning after December 15, 2016. Early adoption is not permitted. The adoption of ASC 2014-9 is not expected to have a material effect on our consolidated financial statements.
	As of June 30, 2014, there are no recently issued accounting standards not yet adopted that would have a material effect on the Company’s financial statements.

Property_Plant_and_Equipment_T

Property, Plant and Equipment (Tables)	6 Months Ended
	Jun. 30, 2014
Property, Plant and Equipment [Abstract]	'
Summary of estimated lives of property, plant and equipment	'
	Office equipment	3 - 5 years
	Leasehold improvement	3 years
	Motor vehicles	10 years
Summary of property, plant & equipment	'
			6/30/14			12/31/13
	Office equipment			396,381			406,306
	Leasehold improvement			95,479			96,171
	Motor vehicles			53,927			54,318
	Accumulated depreciation			(313,090	)		(290,212	)
			$	232,697		$	266,583

Equity_Investment_in_an_Invest1

Equity Investment in an Investee Company (Tables)	6 Months Ended
	Jun. 30, 2014
Equity Investment In An Investee Company [Abstract]	'
Condensed balance sheet information	'
		6/30/14			12/31/13
	Current assets	$	1,483,454		$	1,596,417
	Current liabilities		(139,123	)		(134,337	)
	Property, plant and equipment		13,826			15,194
	Intangible assets		1,488,941			1,581,536
	Underlying net assets of Softview	$	2,847,098		$	3,058,810
	The Company's investment		1,210,017		$	1,299,995
	The Company's share of underlying net assets of Softview		1,210,017			1,299,995
	Difference		-		$	-
Condensed income statement information	'
		Three months ended			Six months ended
		30-Jun-14			30-Jun-14
	Net sales	$	52,454		$	110,590
	Gross profit	$	(17,958	)	$	16,068
	Net (loss)	$	(63,455	)	$	(189,416	)
	Company's 42.5 % share of loss	$	(26,969	)	$	(80,502	)

Share_Capital_Tables

Share Capital (Tables)	6 Months Ended
	Jun. 30, 2014
Share Capital [Abstract]	'
Schedule of common tock shares issued	'
	For the year ended December 31, 2013	Shares issued		Value
	i. issued for legal advisory services, valued at $0.02 per share		12,000	$	240
	ii. issued for legal advisory services, valued at $1.05 per share		4,000		4,200
	iii. issued to employees for past services, valued at $1.25 per share		1,150,000		1,437,500
	Total common stock issued during the year ended December 31, 2013		1,166,000	$	1,441,940
	For the six months ended June 30, 2014	Shares issued		Value
	iv. sale of shares of common stock to 10 different investors pursuant to a Stock Purchase Agreement, valued at $0.16 per share		23,000,000	$	3,680,000
	Total common stock issued during the six months ended June 30, 2014		23,000,000	$	3,680,000

Organization_Details

Organization (Details)	0 Months Ended	6 Months Ended			0 Months Ended			6 Months Ended
	Jan. 27, 2011	Jun. 30, 2014	Jun. 30, 2014	Jun. 30, 2014	29-May-13	29-May-13	Aug. 22, 2013	Jun. 30, 2014	Jun. 30, 2014
		Shenzhen Ceetop Network Technology Co, Limited [Member]	Hangzhou Ceetop Network Technology Co, Limited [Member]	Surry Holdings Limited [Member]	Hangzhou Tuoyin Management Consulting Co., Limited [Member]	Hangzhou Lianzhan Supply Chain Management Co., Limited [Member]	Hangzhou Softview Information Technology Co. Limited [Member]	Common Stock [Member]	Series A Preferred Stock [Member]
Organization (Textual)	'	'	'	'	'	'	'	'	'
Percentage ownership in subsidiary	'	100.00%	100.00%	100.00%	100.00%	100.00%	42.50%	'	'
Existing issued shares	19,900,100	'	'	'	'	'	'	'	'
Number of shares after reduction due to reverse stock split	866,636	'	'	'	'	'	'	'	'
Reverse stock split	'23 to 1 basis	'	'	'	'	'	'	'	'
Newly issued shares for acquisition	'	'	'	'	'	'	'	28,496,427	3,558,046

Going_Concern_Details

Going Concern (Details)	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013	Dec. 31, 2013	Dec. 31, 2012
	USD ($)	USD ($)	USD ($)	USD ($)	USD ($)	CNY
Going Concern (Textual)	'	'	'	'	'	'
Net (loss)	($232,342)	($293,230)	($578,538)	($502,999)	($2,886,559)	'
Accumulated (deficit)	-9,184,173	'	-9,184,173	'	-8,605,635	'
Subsidies receivable	'	'	'	'	'	10,000,000

Summary_of_Significant_Account2

Summary of Significant Accounting Policies (Details)	6 Months Ended
	Jun. 30, 2014
Summary of Significant Accounting Policies [Abstract]	'
Equity Method Investments, Description	'The Company exercises significant influence with respect to an investee depends on an evaluation of several factors including, among others, representation on the investee company's board of directors and ownership level, which is generally a 20% to 50% interest in the voting securities of the investee company.

Property_Plant_and_Equipment_D

Property, Plant and Equipment (Details)	6 Months Ended
	Jun. 30, 2014
Office Equipment [Member] | Maximum [Member]	'
Summary of estimated lives of property, plant and equipment	'
Estimated useful life	'5 years
Office Equipment [Member] | Minimum [Member]	'
Summary of estimated lives of property, plant and equipment	'
Estimated useful life	'3 years
Leasehold Improvements [Member]	'
Summary of estimated lives of property, plant and equipment	'
Estimated useful life	'3 years
Motor vehicles [Member]	'
Summary of estimated lives of property, plant and equipment	'
Estimated useful life	'10 years

Property_Plant_and_Equipment_D1

Property, Plant and Equipment (Details 1) (USD $)	Jun. 30, 2014	Dec. 31, 2013
Summary of property, plant & equipment	'	'
Office equipment	$396,381	$406,306
Leasehold improvement	95,479	96,171
Motor vehicles	53,927	54,318
Accumulated depreciation	-313,090	-290,212
Total property and equipment, net	$232,697	$266,583

Property_Plant_and_Equipment_D2

Property, Plant and Equipment (Details Textual) (USD $)	3 Months Ended		6 Months Ended
	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013
Property, Plant and Equipment (Textual)	'	'	'	'
Depreciation expense	$12,696	$2,822	$25,863	$10,057

Equity_Investment_in_an_Invest2

Equity Investment in an Investee Company (Details)	Jun. 30, 2014	Dec. 31, 2013	Aug. 31, 2013	Aug. 31, 2013
	USD ($)	USD ($)	USD ($)	CNY
Summary of condensed balance sheet information	'	'	'	'
Current assets	$1,483,454	$1,596,417	'	'
Current liabilities	-139,123	-134,337	'	'
Property, plant and equipment	13,826	15,194	'	'
Intangible assets	1,488,941	1,581,536	'	'
Underlying net assets of Softview	2,847,098	3,058,810	'	'
The Company's investment	1,210,017	1,299,995	1,382,761	8,500,000
The Company's share of underlying net assets of Softview	1,210,017	1,299,995	'	'
Difference	'	'	'	'

Equity_Investment_in_an_Invest3

Equity Investment in an Investee Company (Details 1) (USD $)	3 Months Ended	6 Months Ended
	Jun. 30, 2014	Jun. 30, 2014
Summary of condensed income statement information:	'	'
Net sales	$52,454	$110,590
Gross margin	-17,958	16,068
Net (loss)	-63,455	-189,416
The Company's (42.5%) share of loss	($26,969)	($80,502)

Equity_Investment_in_an_Invest4

Equity Investment in an Investee Company(Details Textual)	Jun. 30, 2014	Dec. 31, 2013	Aug. 31, 2013	Aug. 31, 2013	Aug. 31, 2013	Aug. 31, 2013
	USD ($)	USD ($)	USD ($)	CNY	Intellectual Property [Member]	Shareholder [Member]
					USD ($)	USD ($)
Equity Interest In An Investee Company (Textual)	'	'	'	'	'	'
Equity method investment, ownership percentage	'	'	42.50%	42.50%	'	'
Equity interest in an investee company	$1,210,017	$1,299,995	$1,382,761	8,500,000	$1,600,000	$100,000
Equity method investments, carrying amount	'	'	'	'	'	'

Prepayments_for_Software_Devel1

Prepayments for Software Development (Details)	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2013	Jun. 30, 2014
	USD ($)	CNY	USD ($)
Prepayment For Software Development [Abstract]	'	'	'
Prepaid software development consideration	$981,643	6,000,000	'
Prepaid software development description	'Total amount of the prepayment is fully refundable if the software developer fails to develop and deliver the customised software to the Company that meets the Company's specification by December 31, 2014.	'Total amount of the prepayment is fully refundable if the software developer fails to develop and deliver the customised software to the Company that meets the Company's specification by December 31, 2014.	'
Prepayment for software development	$981,643	'	$974,580

Income_Taxes_Details_Textual

Income Taxes (Details Textual)	6 Months Ended	12 Months Ended
	Jun. 30, 2014	Dec. 31, 2007
Income Taxes (Textual)	'	'
Statutory rate of enterprise income tax	25.00%	33.00%
National income taxes	'	30.00%
State income taxes	'	3.00%

Share_Capital_Details

Share Capital (Details) (USD $)	6 Months Ended	12 Months Ended
	Jun. 30, 2014	Dec. 31, 2013
Class of Stock [Line Items]	'	'
Total common stock issued, Value	$3,680,000	$1,441,940
Total common stock issued, Shares	23,000,000	1,166,000
i. issued for legal advisory services, valued at $0.02 per share	'	'
Class of Stock [Line Items]	'	'
Total common stock issued, Value	'	240
Total common stock issued, Shares	'	12,000
ii. issued for legal advisory services, valued at $1.05 per share [Member]	'	'
Class of Stock [Line Items]	'	'
Total common stock issued, Value	'	4,200
Total common stock issued, Shares	'	4,000
iii. issued to employees for past services, valued at $1.25 per share [Member]	'	'
Class of Stock [Line Items]	'	'
Total common stock issued, Value	'	1,437,500
Total common stock issued, Shares	'	1,150,000
iv. sale of shares of common stock to 10 different investors pursuant to a Stock Purchase Agreement, valued at $0.16 per share [Member]	'	'
Class of Stock [Line Items]	'	'
Total common stock issued, Value	$3,680,000	'
Total common stock issued, Shares	23,000,000	'

Share_Capital_Details_Textual

Share Capital (Details Textual) (USD $)	0 Months Ended	3 Months Ended		6 Months Ended
	Jul. 12, 2011	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013	Dec. 31, 2013
	Shareholders
	Investor
Share Capital (Textua)	'	'	'	'	'	'
Common Stock, par value (In dollars per share)	'	$0.00	'	$0.00	'	$0.00
Common stock, shares authorized	'	100,000,000	'	100,000,000	'	100,000,000
Common Stock, shares issued	'	40,956,631	'	40,956,631	'	17,956,631
Common Stock, shares outstanding	'	40,956,631	'	40,956,631	'	17,956,631
Shares issued to independent parties in exchange for services, shares	2,900,000	'	'	'	'	'
Fair market value at date of issue per share	$0.31	'	'	'	'	'
Fair value of share issued	$899,000	'	'	'	'	'
Amortization of share based payment expense	'	49,808	73,457	114,522	149,454	'
Unrecognized share-based compensation expense	'	$2,733	'	$2,733	'	'
Number of independent parties	4	'	'	'	'	'
Number of consultancy agreements terms	4	'	'	'	'	'
Period of consultancy services agreement	'Two to three years.	'	'	'	'	'
Series A Preferred Stock [Member]	'	'	'	'	'	'
Share Capital (Textua)	'	'	'	'	'	'
Series A preferred stock issued, par value	'	$0.00	'	$0.00	'	'
Series A preferred stock issued, shares	'	3,558,046	'	3,558,046	'	'

Statutory_Reserve_Details

Statutory Reserve (Details)	Jun. 30, 2014
Statutory Reserve (Textual)	'
Percentage of net income allocated to statutory reserves	10.00%
Maximum cumulative allocation to statutory reserve of registered capital	50.00%

Related_Party_Transaction_Deta

Related Party Transaction (Details) (USD $)	6 Months Ended
	Jun. 30, 2014
Related Party Transaction (Textual)	'
Advance from a director	$35,011
Advance from an investee company	$162,430

Subsequent_Events_Details

Subsequent Events (Details) (USD $)	6 Months Ended	12 Months Ended	0 Months Ended
	Jun. 30, 2014	Dec. 31, 2013	Aug. 02, 2014
			Subsequent Event [Member]
			Investor
Subsequent Event [Line Items]	'	'	'
Number of investors	'	'	4
Stock issued under stock purchase agreement, Shares	23,000,000	1,166,000	6,000,000
Stock issued under stock purchase agreement, Value	'	'	$960,000