AF OCEAN INVESTMENT MANAGEMENT (AFAN) 10-Q 15 May 14 2014 Q1 Quarterly report Financial data

Document_and_Entity_Informatio

Document and Entity Information	3 Months Ended
	Mar. 31, 2014	15-May-14
Document And Entity Information [Abstract]	'	'
Entity Registrant Name	'AF OCEAN INVESTMENT MANAGEMENT Co	'
Entity Central Index Key	'0001501489	'
Trading Symbol	'afan	'
Current Fiscal Year End Date	'--12-31	'
Entity Filer Category	'Smaller Reporting Company	'
Entity Common Stock, Shares Outstanding	'	92,105,466
Document Type	'10-Q	'
Document Period End Date	31-Mar-14	'
Amendment Flag	'false	'
Document Fiscal Year Focus	'2014	'
Document Fiscal Period Focus	'Q1	'

CONSOLIDATED_BALANCE_SHEETS

CONSOLIDATED BALANCE SHEETS (USD $)	Mar. 31, 2014	Dec. 31, 2013
Current assets	'	'
Cash	$541,151	$569,825
Cash-Restricted	724,100	'
Prepaid Expenses	5,690	11,313
Deposits	535	'
Accounts Receivable	'	135,000
Total Current Assets	1,271,476	716,138
Other Assets	'	'
Property & equipment, net of depreciation of $9,005 and $7,403	16,716	17,618
Intangibles	294,193	294,193
Related Party Receivable	'	22,000
Total other assets	310,909	333,811
Total Assets	1,582,385	1,049,949
Current liabilities	'	'
Accounts payable	2,362	'
Note payable-ICM respectively	'	100,000
Accrued expenses	'	15,508
Client Escrow Account	724,100	'
Due to Related Parties	16,577	16,577
Total current liabilities	743,039	132,085
Liabilities	743,039	132,085
Stockholders' equity	'	'
Common Stock, $.01 par value, 5,000,000,000 shares authorized; 92,105,466 and 92,105,466 shares issued and outstanding.	921,055	921,055
Subscription receivable	-74,093	-74,093
Additional paid-in capital	863,012	863,012
Accumulated Other comprehensive income	-795	527
Accumulated deficit	-869,833	-792,637
Total stockholders' equity	839,346	917,864
Total liabilities and stockholders' equity	$1,582,385	$1,049,949

CONSOLIDATED_BALANCE_SHEETS_Pa

CONSOLIDATED BALANCE SHEETS (Parentheticals) (USD $)	Mar. 31, 2014	Dec. 31, 2013
Statement of Financial Position [Abstract]	'	'
Depreciation on property & equipment (in dollars)	$9,005	$7,403
Common Stock, par value (in dollars per share)	$0.01	$0.01
Common stock, shares authorized	5,000,000,000	5,000,000,000
Common stock, shares issued	92,105,466	92,105,466
Common stock, shares outstanding	92,105,466	92,105,466

CONSOLIDATED_STATEMENT_OF_OPER

CONSOLIDATED STATEMENT OF OPERATIONS AND COMPREHENSIVE INCOME (Unaudited) (USD $)	3 Months Ended
	Mar. 31, 2014	Mar. 31, 2013
Revenue	'	'
Consulting fee income	'	$180,000
Management Fee - Related Party	82,250	'
Total Revenue	82,250	180,000
Costs and Expenses	'	'
General and administrative	157,576	144,618
Depreciation Expense	1,602	853
Total costs and expenses	159,178	145,471
Operating income (loss)	-76,928	34,529
Other Income (expense)	'	'
Other expense	-391	-14,238
Interest income (Shanghai and US)	122	92
Other income	'	'
Total other income (expense), net	-269	-14,146
Net income (loss)	-77,197	20,383
Foreign currency gain (loss)	-1,322	'
Comprehensive income	($78,519)	$20,383
Earnings (loss) per share - basic (in dollars per share)	$0	$0
Dilutive (in dollars per share)	$0	$0
Weighted average shares (in shares)	92,105,466	7,327,720

CONSOLIDATED_STATEMENT_OF_CASH

CONSOLIDATED STATEMENT OF CASH FLOWS (Unaudited) (USD $)	3 Months Ended
	Mar. 31, 2014	Mar. 31, 2013
Operating activities	'	'
Net income, (net loss)	($77,197)	$20,383
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:	'	'
Depreciation and amortization expense	1,602	853
Bad debt	20,000	'
Amortization of debt discount	'	12,988
Note receivable	2,000	-4,000
Accounts receivable	135,000	'
Accounts Payable	2,362	-200
Other current asset	-535	'
Deferred Revenue	'	-45,000
Accrued expenses	'	3,148
Payroll Liabilities and accrued expenses	-15,508	'
Client Escrow	724,100	'
Prepaid expenses	5,623	-29,000
Net cash used in operating activities	797,448	-40,828
Investing activities	'	'
Purchase of property and equipment	-700	-2,336
Net cash used in investing activities	-700	-2,336
Financing activities	'	'
Payments on notes payable	-100,000	'
Net cash (used in) provided by financing activities	-100,000	'
Foreign currency translation	-1,322	'
Net increase (decrease) in cash	695,426	-43,064
Cash and cash equivalents, beginning of period	569,825	402,510
Cash and cash equivalents, end of period	1,265,251	359,446
Cash paid during the year for:	'	'
Interest	7,788	'
Taxes	'	'

BACKGROUND

BACKGROUND	3 Months Ended
	Mar. 31, 2014
Background [Abstract]	'
BACKGROUND	'
	NOTE 1.                            BACKGROUND
	AF Ocean Investment Management Company, formerly known as Dinello Restaurant Ventures, Inc., was incorporated under the laws of the State of Florida on April 2, 2003.  AF Ocean Investment Management Company (together with its subsidiaries, hereinafter collectively referred to as the "Company", "AF Ocean" or "we") promotes business relations and exchanges between Chinese and U.S. companies, facilitating international mergers and acquisitions, and increasing co-operation between Chinese companies and Wall Street financial institutions.  The mission is to help Wall Street investors identify and work with respectable and reputable Chinese counterparts and companies and assist Chinese corporations to understand that the only way to benefit from the world's biggest capital market is through strict and consistent adherence to the rules and regulations that govern companies listed on American stock exchanges.

SUMMARY_OF_SIGNIFICANT_ACCOUNT

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	3 Months Ended
	Mar. 31, 2014
Accounting Policies [Abstract]	'
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	'
	NOTE 2.                          SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
	Basis of Consolidation.
	The financial statements include the accounts and activity of AF Ocean Investment Management Company and its wholly owned subsidiary, AF Ocean Investment Management (Shanghai), Co. Ltd. as of July 6, 2012, the date of acquisition.  All intercompany balances and activity have been eliminated.
	Basis of Presentation and Use of Estimates.
	In the opinion of management, all adjustments consisting of normal recurring adjustments necessary for a fair statement of (a) the result of operations for the quarter ended March 31, 2014 and 2013; (b) the financial position at March 31, 2014; and (c) cash flows for the quarter ended March 31, 2014 and 2013, have been made. Management believes that these estimates are reasonable and have been discussed with the Board of Directors; however, actual results could differ from those estimates
	Our financial statements may not be comparable to companies that comply with public company effective dates.  Due to our election  not to opt out of the extended transition period that allows us to delay the adoption of new or revised accounting standards that have different effective dates for public and private companies until those standards apply to private companies.
	Cash and Cash Equivalents.
	Cash is maintained with a major financial institution in the United States.  Deposits with this bank may exceed the amount of insurance provided on such deposits.  Generally, these deposits may be redeemed on demand and, therefore, bear minimal risk.  The Company considers all highly liquid investments purchased with an original maturity of three months or less to be cash equivalents.  The cash for the Company's wholly foreign owned entity, AF Ocean Investment Management (Shanghai) Co., Ltd. ("AF Ocean (Shanghai)"), is maintained with a state owned financial institution in Shanghai, China.
	Accounts receivable
	Accounts receivable represent amounts due from customers in the ordinary course of business.  The Company considers accounts more than 90 days old to be past due. The Company uses the allowance method for recognizing bad debts. When an account is deemed uncollectible, it is written off against the allowance. The Company generally does not require collateral for its accounts receivable. The Company considers all accounts receivable to be collectable and consequently has provided no allowance for doubtful accounts.
	Property and Equipment.  Property and equipment is stated at cost.  Depreciation is computed by the straight-line method over estimated useful lives.   The carrying amount of all long-lived assets is evaluated periodically to determine if adjustment to the depreciation and amortization period or the unamortized balance is warranted. Based upon its most recent analysis, the Company believes that no impairment of property and equipment exists at March 31, 2014.
	Foreign Currency Translation.  The Company addressed the effect of the exchange rate differences resulting from the translation of the financial statements of its wholly foreign owned entity ("WFOE"), AF Ocean (Shanghai), into the consolidated corporate statements on the Balance Sheet with an accumulated exchange rate adjustment of ($1,322).  The effect of the foreign currency translation is recorded in other comprehensive income.
	Intangible Assets.   Intangible assets consist of business licenses in the Peoples' Republic of China and goodwill acquired in an acquisition during 2012.  Management believes that these assets have unlimited lives and will not be amortized.
	Impairment of Long-lived Assets. Long-lived assets such as property, equipment and identifiable intangibles are reviewed for impairment whenever facts and circumstances indicate that the carrying value may not be recoverable.  When required impairment losses on assets to be held and used are recognized based on the fair value of the asset.  The fair value is determined based on estimates of future cash flows, market value of similar assets, if available, or independent appraisals, if required.  If the carrying amount of the long-lived asset is not recoverable from its undiscounted cash flows, an impairment loss is recognized for the difference between the carrying amount and fair value of the asset.  When fair values are not available, the Company estimates fair value using the expected future cash flows discounted at a rate commensurate with the risk associated with the recovery of the assets.  We did not recognize any impairment losses for any periods presented.
	Revenue Recognition.  Revenue from consulting services is recognized according to the terms of the consulting agreement.  Generally, consulting revenue will be recognized over the term of the agreement.  At times deposits or prepayments may result in deferred revenue which will be recognized into income as the services are performed.
	Share-based Compensation.  The Company may issue stock options whereby all share-based payments to employees, including grants of employee stock options are recognized as compensation expense in the financial statements based on their fair values. That expense is recognized over the period during which an employee is required to provide services in exchange for the award, known as the requisite service period (usually the vesting period). The Company had no common stock options or common stock equivalents granted or outstanding for all periods presented.
	The Company accounts for stock-based instruments issued to employees in accordance with ASC Topic 718.  ASC Topic 718 requires companies to recognize in the statement of operations the grant-date fair value of stock options and other equity based compensation issued to employees.  The value of the portion of an award that is ultimately expected to vest is recognized as an expense over the requisite service periods using the straight-line attribution method.  The Company accounts for non-employee share-based awards in accordance with the measurement and recognition provisions ASC Topic 505-50.  The Company estimates the fair value of stock options at the grant date by using the Black-Scholes option-pricing model.
	The Company may issue restricted stock for various business and administrative services.  Cost for these transactions are measured at the fair value of the consideration received or the fair value of the equity instruments issued, whichever is more reliably measurable. The value of the common stock is measured at the earlier of (i) the date at which a firm commitment for performance by the counterparty to earn the equity instruments is reached or (ii) the date at which the counterparty's performance is complete.   There was no share-based compensation paid in the three months ended March 31, 2014 or in the year ended December 31, 2013.
	Income Taxes.  The Company accounts for income taxes pursuant to the provisions of ASC 740-10, "Accounting for Income Taxes," which requires, among other things, an asset and liability approach to calculating deferred income taxes.  The asset and liability approach requires the recognition of deferred tax assets and liabilities for the expected future tax consequences of temporary differences between the carrying amounts and the tax bases of assets and liabilities.  A valuation allowance is provided to offset any net deferred tax assets for which management believes it is more likely than not that the net deferred asset will not be realized.
	Earnings per Share.  In accordance with ASC 260-10, "Earnings Per Share", basic net earnings (loss) per common share is computed by dividing the net earnings (loss) for the period by the weighted average number of common shares outstanding during the period.  Diluted earnings (loss) per share are computed using the weighted average number of common and dilutive common stock equivalent shares outstanding during the period.  At March 31, 2014  dilutive earnings per share were anti-dilutive compared to March 31, 2013, there were no anti-dilutive shares.
	Segment Information.  In accordance with the provisions of ASC 280-10, "Disclosures about Segments of an Enterprise and Related Information", the Company is required to report financial and descriptive information about its reportable operating segments which meet the quantitative thresholds delineated.  The Company has one reporting segment that does not meet any of the quantitative thresholds to require separate reporting.   However, see Note 8 for limited disclosure.
	Recent Accounting Pronouncements.  The Company reviews new accounting standards as issued. No new standards had any material effect on these financial statements. The accounting pronouncements issued subsequent to the date of these financial statements that were considered significant by management were evaluated for the potential effect on these consolidated financial statements. Management does not believe any of the subsequent pronouncements will have a material effect on these consolidated financial statements as presented and does not anticipate the need for any future restatement of these consolidated financial statements because of the retro-active application of any accounting pronouncements issued subsequent to March 31, 2014 through the date these financial statements were issued.

GOING_CONCERN

GOING CONCERN	3 Months Ended
	Mar. 31, 2014
Going Concern [Abstract]	'
GOING CONCERN	'
	NOTE 3.                          GOING CONCERN
	The accompanying financial statements have been prepared on a going concern basis, which contemplates the realization of assets and the satisfaction of liabilities in the normal course of business. The Company had $82,250 in revenue for the three months ended March 31, 2014 from management fees.  During that same period, the Company had a net loss of ($77,197). These factors indicate the Company is generating revenues; however the Company's continuation as a going concern is dependent upon its ability to generate revenues through its new business direction.
	The financial statements do not include any adjustments relating to the recoverability and classification of recorded asset amounts or the amounts and classification of liabilities that might be necessary should the Company be unable to continue as a going concern.

RELATED_PARTY_TRANSACTIONS

RELATED PARTY TRANSACTIONS	3 Months Ended
	Mar. 31, 2014
Related Party Transactions [Abstract]	'
RELATED PARTY TRANSACTIONS	'
	NOTE 4.                          RELATED PARTY TRANSACTIONS
	On December 23, 2013, AF Ocean Investment Management (Shanghai) Co., LTD., and ChinAmerica Andy Movie Entertainment Media Co. ("ChinAmerica") entered into a management agreement.  This agreement calls for AF Ocean to receive and maintain all money in an escrow like fashion on behalf of ChinAmerica. When the money is deposited into AF Ocean a ten percent (10%) management fee will be earned by for the collection and maintenance of the funds received.
	As of March 31, 2014, payments totaling Eight Hundred Twenty Two Thousand Dollars Five Hundred ($822,500) (USD) have been received though AF Ocean Investment Management (Shanghai) Co., LTD on behalf of ChinAmerica.
	As of period ended March 31, 2014 AF Ocean collected a total of $82,250 in management fees from ChinAmerica.

NOTE_PAYABLE

NOTE PAYABLE	3 Months Ended
	Mar. 31, 2014
Debt Disclosure [Abstract]	'
NOTE PAYABLE	'
	NOTE 5.                          NOTE PAYABLE
	On February 3, 2014, the Company paid $107,788 to Island Capital Management as payment in full on the $100,000 ICM Note.

STOCKHOLDERS_EQUITY

STOCKHOLDERS' EQUITY	3 Months Ended
	Mar. 31, 2014
Equity [Abstract]	'
STOCKHOLDERS' EQUITY	'
	NOTE 6.                          STOCKHOLDERS' EQUITY
	As of March 31, 2014 and December 31, 2013, the Company had 92,105,466 and 92,105,466 shares of common stock issued and outstanding, respectively.  As of March 31, 2014, the subscription receivable due from the majority shareholder is $74,093.  There are no terms determined and the receivable is expected to be settled before the end of the year.
	No preferred or common stock was issued for the three months ended March 31, 2014
	The Company has no options or warrants issued or outstanding and no preferred shares have been issued.

COMMITMENTS_AND_CONTINGENCIES

COMMITMENTS AND CONTINGENCIES	3 Months Ended
	Mar. 31, 2014
Commitments and Contingencies Disclosure [Abstract]	'
COMMITMENTS AND CONTINGENCIES	'
	NOTE 7.                          COMMITMENTS AND CONTINGENCIES
	On December 23, 2013, the Company, through its wholly foreign owned entity, AF Ocean Investment Management (Shanghai) Co., LTD ("AF Ocean-Shanghai"), entered into a Management Agreement with ChinAmerica Andy Movie Entertainment Media Company ("ChinAmerica"), a Florida corporation.  ChinAmerica has operations' in China and will be receiving payment for such operations in China.  Because China employs strict currency regulations that are designed to prevent large amounts of currency moving out of the country, ChinAmerica retained AF Ocean-Shanghai to manage the money it receives from its Chinese operations.  As of January 28, 2014, the first payments totaling Two Hundred Fifty Thousand Dollars ($250,000) (USD) for ChinAmerica were received though AF Ocean-Shanghai.  The funds were deposited into the AF Ocean Shanghai bank account for the benefit of ChinAmerica. As of the quarter ended March 31, 2014, the current balance in the escrow account is $724,100. Pursuant to the Management Agreement, AF Ocean-Shanghai will receive a fee equal to 10% of each deposit or wire received on ChinAmerica's behalf.
	From time to time the Company may be a party to litigation matters involving claims against the Company.  Management believes that there are no current matters that would have a material effect on the Company's financial position or results of operations.
	The Company rents office space in New York, New York, Shanghai, China, and Sarasota, Florida.  The terms for the New York and the Shanghai, China locations are month to month and were started on March 1, 2012. The monthly rent is approximately $200, and $3,600. The terms for the Sarasota, Florida office are for 1 year, and commenced on April 1, 2014. The monthly rent is $535, respectively.

SEGMENT_REPORTING

SEGMENT REPORTING	3 Months Ended
	Mar. 31, 2014
Segment Reporting [Abstract]	'
SEGMENT REPORTING	'
	NOTE 8.                          SEGMENT REPORTING
	In the third quarter of 2012, we acquired one operating segment, AF Ocean Investment Management (Shanghai) Co., Ltd., in Shanghai, China, a provider of stock transfer agent and other business services to Chinese individuals who have investments in U.S. companies.  There was no revenue during the quarter ended March 31, 2014 as well as year ended December 31, 2013, due primarily to the change in ownership.  The following are the expenses attributed to AF Ocean (Shanghai) for the quarter ended March 31, 2014 as compared to the year ended December 31, 2013. At this time, the operating segment does not meet any of the quantitative thresholds which would require separate reporting of its operations, however, management believes that the following information about the segment would be useful to readers of the financial statements.
	Schedule of Segment Reporting Information by Segment
		31-Mar-14			31-Dec-13
		(Unaudited)
	AF Ocean Investment Management (Shanghai) Co., Ltd. Segment:
	Net (loss)	$	(15,330	)	$	(30,937	)
	Total Assets	$	8,459		$	8,256

PROPERTY_PLANT_AND_EQUIPMENT

PROPERTY, PLANT AND EQUIPMENT	3 Months Ended
	Mar. 31, 2014
Property, Plant and Equipment [Abstract]	'
PROPERTY, PLANT AND EQUIPMENT	'
	NOTE 9.                          PROPERTY, PLANT AND EQUIPMENT
	Property consists of equipment purchased for the production of revenues:
		31-Mar-14			31-Dec-13
		(unaudited)
	Property and equipment	$	25,721		$	25,021
	Less accumulated depreciation	$	(9,005	)	$	(7,403	)
	Property and equipment, net	$	16,716		$	17,618
	Assets were depreciated over their useful lives when placed in service.  Depreciation expense was $1,602 and $853 for the months ended March 31, 2014 and 2013, respectively.

SUBSEQUENT_EVENTS

SUBSEQUENT EVENTS	3 Months Ended
	Mar. 31, 2014
Subsequent Events [Abstract]	'
SUBSEQUENT EVENTS	'
	NOTE 10.                                        SUBSEQUENT EVENTS
	Management has evaluated subsequent events through May 14, 2014, the date the financial statements were available to be issued.   Management is not aware of any significant events that occurred subsequent to the balance sheet date that would have a material effect on the financial statements thereby requiring adjustment or disclosure.

SUMMARY_OF_SIGNIFICANT_ACCOUNT1

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	3 Months Ended
	Mar. 31, 2014
Accounting Policies [Abstract]	'
Basis of Consolidation	'
	Basis of Consolidation.
	The financial statements include the accounts and activity of AF Ocean Investment Management Company and its wholly owned subsidiary, AF Ocean Investment Management (Shanghai), Co. Ltd. as of July 6, 2012, the date of acquisition.  All intercompany balances and activity have been eliminated.
Basis of Presentation and Use of Estimates	'
	Basis of Presentation and Use of Estimates.
	In the opinion of management, all adjustments consisting of normal recurring adjustments necessary for a fair statement of (a) the result of operations for the quarter ended March 31, 2014 and 2013; (b) the financial position at March 31, 2014; and (c) cash flows for the quarter ended March 31, 2014 and 2013, have been made. Management believes that these estimates are reasonable and have been discussed with the Board of Directors; however, actual results could differ from those estimates
	Our financial statements may not be comparable to companies that comply with public company effective dates.  Due to our election  not to opt out of the extended transition period that allows us to delay the adoption of new or revised accounting standards that have different effective dates for public and private companies until those standards apply to private companies.
Cash and Cash Equivalents	'
	Cash and Cash Equivalents.
	Cash is maintained with a major financial institution in the United States.  Deposits with this bank may exceed the amount of insurance provided on such deposits.  Generally, these deposits may be redeemed on demand and, therefore, bear minimal risk.  The Company considers all highly liquid investments purchased with an original maturity of three months or less to be cash equivalents.  The cash for the Company's wholly foreign owned entity, AF Ocean Investment Management (Shanghai) Co., Ltd. ("AF Ocean (Shanghai)"), is maintained with a state owned financial institution in Shanghai, China.
Accounts receivable	'
	Accounts receivable
	Accounts receivable represent amounts due from customers in the ordinary course of business.  The Company considers accounts more than 90 days old to be past due. The Company uses the allowance method for recognizing bad debts. When an account is deemed uncollectible, it is written off against the allowance. The Company generally does not require collateral for its accounts receivable. The Company considers all accounts receivable to be collectable and consequently has provided no allowance for doubtful accounts.
Property and Equipment	'
	Property and Equipment.  Property and equipment is stated at cost.  Depreciation is computed by the straight-line method over estimated useful lives. The carrying amount of all long-lived assets is evaluated periodically to determine if adjustment to the depreciation and amortization period or the unamortized balance is warranted. Based upon its most recent analysis, the Company believes that no impairment of property and equipment exists at March 31, 2014.
Foreign Currency Translation	'
	Foreign Currency Translation.  The Company addressed the effect of the exchange rate differences resulting from the translation of the financial statements of its wholly foreign owned entity ("WFOE"), AF Ocean (Shanghai), into the consolidated corporate statements on the Balance Sheet with an accumulated exchange rate adjustment of ($1,322).  The effect of the foreign currency translation is recorded in other comprehensive income.
Intangible Assets	'
	Intangible Assets.   Intangible assets consist of business licenses in the Peoples' Republic of China and goodwill acquired in an acquisition during 2012.  Management believes that these assets have unlimited lives and will not be amortized.
Impairment of Long-lived Assets	'
	Impairment of Long-lived Assets. Long-lived assets such as property, equipment and identifiable intangibles are reviewed for impairment whenever facts and circumstances indicate that the carrying value may not be recoverable.  When required impairment losses on assets to be held and used are recognized based on the fair value of the asset.  The fair value is determined based on estimates of future cash flows, market value of similar assets, if available, or independent appraisals, if required.  If the carrying amount of the long-lived asset is not recoverable from its undiscounted cash flows, an impairment loss is recognized for the difference between the carrying amount and fair value of the asset.  When fair values are not available, the Company estimates fair value using the expected future cash flows discounted at a rate commensurate with the risk associated with the recovery of the assets.  We did not recognize any impairment losses for any periods presented.
Revenue Recognition	'
	Revenue Recognition.  Revenue from consulting services is recognized according to the terms of the consulting agreement.  Generally, consulting revenue will be recognized over the term of the agreement.  At times deposits or prepayments may result in deferred revenue which will be recognized into income as the services are performed.
Share-based Compensation	'
	Share-based Compensation.  The Company may issue stock options whereby all share-based payments to employees, including grants of employee stock options are recognized as compensation expense in the financial statements based on their fair values. That expense is recognized over the period during which an employee is required to provide services in exchange for the award, known as the requisite service period (usually the vesting period). The Company had no common stock options or common stock equivalents granted or outstanding for all periods presented.
	The Company accounts for stock-based instruments issued to employees in accordance with ASC Topic 718.  ASC Topic 718 requires companies to recognize in the statement of operations the grant-date fair value of stock options and other equity based compensation issued to employees.  The value of the portion of an award that is ultimately expected to vest is recognized as an expense over the requisite service periods using the straight-line attribution method.  The Company accounts for non-employee share-based awards in accordance with the measurement and recognition provisions ASC Topic 505-50.  The Company estimates the fair value of stock options at the grant date by using the Black-Scholes option-pricing model.
	The Company may issue restricted stock for various business and administrative services.  Cost for these transactions are measured at the fair value of the consideration received or the fair value of the equity instruments issued, whichever is more reliably measurable. The value of the common stock is measured at the earlier of (i) the date at which a firm commitment for performance by the counterparty to earn the equity instruments is reached or (ii) the date at which the counterparty's performance is complete.   There was no share-based compensation paid in the three months ended March 31, 2014 or in the year ended December 31, 2013.
Income Taxes	'
	Income Taxes.  The Company accounts for income taxes pursuant to the provisions of ASC 740-10, "Accounting for Income Taxes," which requires, among other things, an asset and liability approach to calculating deferred income taxes.  The asset and liability approach requires the recognition of deferred tax assets and liabilities for the expected future tax consequences of temporary differences between the carrying amounts and the tax bases of assets and liabilities.  A valuation allowance is provided to offset any net deferred tax assets for which management believes it is more likely than not that the net deferred asset will not be realized.
Earnings per Share	'
	Earnings per Share.  In accordance with ASC 260-10, "Earnings Per Share", basic net earnings (loss) per common share is computed by dividing the net earnings (loss) for the period by the weighted average number of common shares outstanding during the period.  Diluted earnings (loss) per share are computed using the weighted average number of common and dilutive common stock equivalent shares outstanding during the period.  At March 31, 2014  dilutive earnings per share were anti-dilutive compared to March 31, 2013, there were no anti-dilutive shares.
Segment Information	'
	Segment Information.  In accordance with the provisions of ASC 280-10, "Disclosures about Segments of an Enterprise and Related Information", the Company is required to report financial and descriptive information about its reportable operating segments which meet the quantitative thresholds delineated.  The Company has one reporting segment that does not meet any of the quantitative thresholds to require separate reporting.   However, see Note 8 for limited disclosure.
Recent Accounting Pronouncements	'
	Recent Accounting Pronouncements.  The Company reviews new accounting standards as issued. No new standards had any material effect on these financial statements. The accounting pronouncements issued subsequent to the date of these financial statements that were considered significant by management were evaluated for the potential effect on these consolidated financial statements. Management does not believe any of the subsequent pronouncements will have a material effect on these consolidated financial statements as presented and does not anticipate the need for any future restatement of these consolidated financial statements because of the retro-active application of any accounting pronouncements issued subsequent to March 31, 2014 through the date these financial statements were issued.

SEGMENT_REPORTING_Tables

SEGMENT REPORTING (Tables)	3 Months Ended
	Mar. 31, 2014
Segment Reporting [Abstract]	'
Schedule of segment reporting information by segment	'
	Schedule of Segment Reporting Information by Segment
		31-Mar-14			31-Dec-13
		(Unaudited)
	AF Ocean Investment Management (Shanghai) Co., Ltd. Segment:
	Net (loss)	$	(15,330	)	$	(30,937	)
	Total Assets	$	8,459		$	8,256

PROPERTY_PLANT_AND_EQUIPMENT_T

PROPERTY, PLANT AND EQUIPMENT (Tables)	3 Months Ended
	Mar. 31, 2014
Property, Plant and Equipment [Abstract]	'
Schedule of property, plant and equipment	'
		31-Mar-14			31-Dec-13
		(unaudited)
	Property and equipment	$	25,721		$	25,021
	Less accumulated depreciation	$	(9,005	)	$	(7,403	)
	Property and equipment, net	$	16,716		$	17,618

SUMMARY_OF_SIGNIFICANT_ACCOUNT2

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Detail Textuals) (USD $)	3 Months Ended
	Mar. 31, 2014
Accounting Policies [Abstract]	'
Foreign currency translation accumulated exchange rate adjustment	($1,322)

GOING_CONCERN_Detail_Textuals

GOING CONCERN (Detail Textuals) (USD $)	3 Months Ended
	Mar. 31, 2014	Mar. 31, 2013
Going Concern [Abstract]	'	'
Revenue from management fee	$82,250	'
Net loss	($77,197)	$20,383

RELATED_PARTY_TRANSACTIONS_Det

RELATED PARTY TRANSACTIONS (Detail Textuals) (USD $)	3 Months Ended
	Mar. 31, 2014	Mar. 31, 2013
Related Party Transaction [Line Items]	'	'
Revenue from management fee	$82,250	'
ChinAmerica	'	'
Related Party Transaction [Line Items]	'	'
Management fee receivable percentage	10.00%	'
Base amount for management fees	822,500	'
Revenue from management fee	$82,250	'

NOTE_PAYABLE_Detail_Textuals

NOTE PAYABLE (Detail Textuals) (Island Capital Management, USD $)	0 Months Ended
	Feb. 03, 2014
Island Capital Management	'
Debt Instrument [Line Items]	'
Repayment of ICM note	$107,788
ICM note amount	$100,000

STOCKHOLDERS_EQUITY_Detail_Tex

STOCKHOLDERS' EQUITY (Detail Textuals) (USD $)	Mar. 31, 2014	Dec. 31, 2013
Equity [Abstract]	'	'
Common stock, shares issued	92,105,466	92,105,466
Common stock, shares outstanding	92,105,466	92,105,466
Subscription receivable due from the majority shareholder	$74,093	$74,093

COMMITMENTS_AND_CONTINGENCIES_

COMMITMENTS AND CONTINGENCIES (Detail Textuals) (USD $)	3 Months Ended
	Mar. 31, 2014
New York	'
Commitments And Contingencies [Line Items]	'
Amount of monthly rent	$200
Shanghai	'
Commitments And Contingencies [Line Items]	'
Amount of monthly rent	3,600
Sarasota	'
Commitments And Contingencies [Line Items]	'
Amount of monthly rent	$535
Term of lease	'1 year

COMMITMENTS_AND_CONTINGENCIES_1

COMMITMENTS AND CONTINGENCIES (Detail Textuals 1) (USD $)	3 Months Ended
	Mar. 31, 2014	Jan. 28, 2014
Commitments And Contingencies [Line Items]	'	'
Current balance in escrow account	724,100	'
ChinAmerica	'	'
Commitments And Contingencies [Line Items]	'	'
Payment received from related party	'	$250,000
Management fee receivable percentage	10.00%	'

SEGMENT_REPORTING_Segment_Repo

SEGMENT REPORTING Segment Reporting Information, by Segment (Details) (USD $)	3 Months Ended	12 Months Ended
	Mar. 31, 2014	Dec. 31, 2013
Segment Reporting Information [Line Items]	'	'
Total Assets	$1,582,385	$1,049,949
AF Ocean Investment Management (Shanghai) Co., Ltd. Segment	'	'
Segment Reporting Information [Line Items]	'	'
Net income (net loss)	-15,330	-30,937
Total Assets	$8,459	$8,256

SEGMENT_REPORTING_Detail_Textu

SEGMENT REPORTING (Detail Textuals)	3 Months Ended
	Mar. 31, 2014
	Segment
Segment Reporting [Abstract]	'
Number of operating segments	1

PROPERTY_PLANT_AND_EQUIPMENT_D

PROPERTY, PLANT AND EQUIPMENT (Details) (USD $)	Mar. 31, 2014	Dec. 31, 2013
Property, Plant and Equipment [Abstract]	'	'
Property and equipment	$25,721	$25,021
Less accumulated depreciation	-9,005	-7,403
Property and equipment, net	$16,716	$17,618

PROPERTY_PLANT_AND_EQUIPMENT_D1

PROPERTY, PLANT AND EQUIPMENT (Detail Textuals) (USD $)	3 Months Ended
	Mar. 31, 2014	Mar. 31, 2013
Property, Plant and Equipment [Abstract]	'	'
Depreciation Expense	$1,602	$853