HK Apollo Motors 10-Q 19 Feb 14 2014 Q2 Quarterly report Financial data

Document_and_Entity_Informatio

Document and Entity Information	6 Months Ended
	Dec. 31, 2013	Feb. 18, 2014
Document and Entity Information:	'	'
Entity Registrant Name	'Apollo Acquisition Corp	'
Document Type	'10-Q	'
Document Period End Date	31-Dec-13	'
Amendment Flag	'false	'
Entity Central Index Key	'0001505367	'
Current Fiscal Year End Date	'--06-30	'
Entity Common Stock, Shares Outstanding	'	998,275
Entity Filer Category	'Smaller Reporting Company	'
Entity Current Reporting Status	'Yes	'
Entity Voluntary Filers	'No	'
Entity Well-known Seasoned Issuer	'No	'
Document Fiscal Year Focus	'2014	'
Document Fiscal Period Focus	'Q2	'

Condensed_Balance_Sheets_Unaud

Condensed Balance Sheets (Unaudited) (USD $)	Dec. 31, 2013	Jun. 30, 2013
CURRENT ASSETS	'	'
Cash and cash equivalents	$0	$0
Total current assets	0	0
Total assets	0	0
CURRENT LIABILITIES	'	'
Payable to affiliate	0	0
Accounts payable	35,461	23,107
Accrued expenses	7,920	9,445
Amount due to shareholders	0	0
Total current liabilities	43,381	32,552
SHAREHOLDERS' DEFICIT	'	'
Preference shares, $0.000128 par value, 781,250 shares authorized, non-issued and outstanding	0	0
Ordinary shares, $0.000128 par value; 39,062,500 shares authorized; 998,275 shares issued and outstanding as of December 31, 2013 and June 30, 2013	128	128
Additional paid in capital	8,796	8,796
Deficit accumulated during development stage	-52,305	-41,476
Total Stockholders' deficit	-43,381	-32,552
Total liabilities and stockholders' deficit	$0	$0

Balance_Sheets_Parentheticals

Balance Sheets Parentheticals (USD $)	Dec. 31, 2013	Jun. 30, 2013
Parentheticals	'	'
Preferred Stock, par value	$0.00	$0.00
Preferred Stock, shares authorized	781,250	781,250
Common Stock, par value	$0.00	$0.00
Common Stock, shares authorized	39,062,500	39,062,500
Common Stock, shares issued	998,275	998,275
Common Stock, shares outstanding	998,275	998,275

Condensed_Statements_of_Operat

Condensed Statements of Operations (Unaudited) (USD $)	3 Months Ended		6 Months Ended		87 Months Ended
	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2013
Revenue:	'	'	'	'	'
Revenues	$0	$0	$0	$0	$0
Expenses	'	'	'	'	'
Formation, general and administrative expenses	7,817	5,145	10,829	5,145	63,101
Total operating expenses	7,817	5,145	10,829	5,145	63,101
Other income	'	'	'	'	'
Forgiveness of debt	0	10,795	0	10,795	10,795
Operation profit (loss)	-7,817	5,650	-10,829	5,650	-52,306
Income tax expense	0	0	0	0	0
Net profit (loss)	($7,817)	$5,650	($10,829)	$5,650	($52,306)
Basic and diluted loss per share	($0.01)	$0.01	($0.01)	$0.01	'
Weighted average ordinary shares outstanding - Basic and diluted	998,275	998,275	998,275	998,275	'

Statements_of_Cash_Flows_Unaud

Statements of Cash Flows (Unaudited) (USD $)	6 Months Ended		87 Months Ended
	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2013
Operating Activities	'	'	'
Net profit (loss)	($10,829)	$5,650	($52,305)
Adjustments to reconcile net loss to cash used in operating activities:	'	'	'
Forgiveness of debt	0	0	-10,361
Shares issued to Founder for payment of formation costs	0	0	110
Changes in operating assets and liabilities	'	'	'
Payable to affiliate	0	-10,361	10,361
Accounts payable	12,354	-434	35,461
Accrued expenses	-1,525	4,445	7,920
Net cash used in operating activities	0	-700	-8,814
Financing Activities	'	'	'
Shareholder contribution	0	0	2,200
Proceeds from issuance of ordinary shares	0	0	6,614
Net cash provided by financing activities	0	0	8,814
Net increase (decrease) in cash	0	0	0
Cash at beginning of the year	0	0	0
Cash at end of the year	0	0	0
Supplemental disclosures of cash flow information:	'	'	'
Interest paid	0	0	0
Income taxes paid	$0	$0	$0

Organization_Business_and_Oper

Organization, Business and Operations	6 Months Ended
	Dec. 31, 2013
Organization, Business and Operations:	'
Organization, Business and Operations	'
	Note 1 - Organization, Business and Operations
	On September 27, 2006, Apollo Acquisition Corporation (the "Company") was formed in the Cayman Islands with the objective to acquire, or merge with, an operating business.
	On November 15, 2012, the Company, Access America Fund, L.P. (the “Seller”), and Sword Dancer, LLC (the “Purchaser”) entered into and closed a Stock Purchase Agreement, whereby the Purchaser agreed to purchase from the Seller, 781,250 ordinary shares of the Company’s capital stock, par value $0.000128 per share, representing approximately 78.3% of the issued and outstanding ordinary shares of the Company, for an aggregate purchase price of $33,334. As a result of this transaction, the Purchaser became our controlling stockholder.
	On March 20, 2013, Sword Dancer, LLC, a Nevada limited liability company (“Sword Dancer”) sold to Hybrid Kinetic Automotive Holdings, LLC, a Delaware corporation (“Hybrid Kinetic”), in a private transaction exempt from registration under the Securities Act of 1933, as amended, 781,250 Ordinary Shares of $0.000128 par value of the Company, representing all of the shares of the Company held by Sword Dancer, for an aggregate purchase price of $100,000. As a result, Hybrid Kinetic acquired approximately 78.3% of the Company’s common equity.
	As of December 31, 2013, the Company had not yet commenced operations. All activity from September 27, 2006 (“Date of Inception”) through December 31, 2013 relates to the Company’s formation. The Company selected June 30 as its fiscal year-end.
	The Company, based on its proposed business activities, is a "blank check" company. The Securities and Exchange Commission defines such a company as “a development stage company” as it either has no specific business plan or purpose, or has indicated that its business plan is to engage in a merger or acquisition with an unidentified company or companies, or other entity or person; and has issued "penny stock", as defined in Rule 3a51-1 under the Securities Exchange Act of 1934. Many states have enacted statutes, rules and regulations limiting the sale of securities of "blank check" companies in their respective jurisdictions. Management does not intend to undertake any efforts to cause a market to develop in its securities, either debt or equity, until the Company concludes a business combination with an operating entity.
	The Company was organized to acquire a target company or business seeking the perceived advantages of being a publicly-held company and, to a lesser extent that desires to employ the Company’s funds in its business. The Company’s principal business objective for the next 12 months and beyond will be to achieve long-term growth potential through a business combination rather than short-term earnings. The Company will not restrict its potential candidate target companies to any specific business, industry or geographical location. The analysis of new business opportunities will be undertaken by or under the supervision of the officers and directors of the Company.

Summary_of_Significant_Account

Summary of Significant Accounting Policies	6 Months Ended
	Dec. 31, 2013
Summary of Significant Accounting Policies:	'
Summary of Significant Accounting Policies	'
	Note 2 - Summary of Significant Accounting Policies
	Interim financial information
	The financial statements included herein, which have not been audited pursuant to the rules and regulations of the Securities and Exchange Commission, reflect all adjustments which, in the opinion of management, are necessary for a fair presentation of financial position, results of operations and cash flows for the interim periods on a basis consistent with the annual audited statements. All such adjustments are of a normal recurring nature. The results of operations for interim periods are not necessarily indicative of the results that may be expected for any other interim period or for a full year. Certain information, accounting policies and footnote disclosures normally included in consolidated financial statements prepared in conformity with accounting principles generally accepted in the United States of America have been omitted pursuant to such rules and regulations, although we believe that the disclosures are adequate to make the information presented not misleading. These financial statements should be read in conjunction with our audited financial statements included in our Form 10-K for the year ended June 30, 2013, filed with the Securities and Exchange Commission on October 15, 2013.
	Basis of Presentation
	These financial statements are presented on the accrual basis of accounting in accordance with generally accepted accounting principles in the United States of America.
	Development Stage Activities
	The Company complies with Financial Accounting Standards Codification (“ASC’) 915 and Securities and Exchange Commission Act Guide 7 for its characterization of the company as development stage enterprise.
	The Company has no revenues for the period from inception (September 27, 2006) through December 31, 2013 and does not intend to realize revenues until the consummation of a merger with an operating entity. The Company’s principal business objective for the next 12 months and beyond will be to achieve long-term growth potential through a business combination rather than short-term earnings. There can be no assurance that the Company will ever consummate the business combination; achieve or sustain profitability or positive cash flows from its operations, reduce expenses or sell ordinary shares. To date, the Company has funded its formation activities primarily through issuances of its ordinary shares and advances from stockholders and affiliate company.
	The affiliate company, ACI, Inc. has agreed to continue funding the Company’s formation activities through the next three quarters, or until a business combination has been consummated.
	Cash and Cash Equivalents
	We consider all highly liquid investments (i.e., investments which, when purchased, have original maturities of three months or less) to be cash equivalents. The Company does not have cash equivalents as of December 31, 2013 and June 30, 2013.
	Use of Estimates
	The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and reported amounts of revenue and expenses during the reporting period. Actual results could differ from those estimates.
	Loss Per Ordinary Share
	Basic loss per ordinary share is based on the weighted effect of ordinary shares issued and outstanding, and is calculated by dividing net loss by the weighted average shares outstanding during the period. Diluted loss per ordinary share is calculated by dividing net loss by the weighted average number of ordinary shares used in the basic loss per share calculation plus the number of ordinary shares that would be issued assuming exercise or conversion of all potentially dilutive ordinary shares outstanding. The Company does not present diluted earnings per share for years in which it incurred net losses as the effect is antidilutive.
	As of December 31, 2013 and June 30, 2013, there were no potentially dilutive ordinary shares outstanding.
	Income Taxes
	Apollo Acquisition Corporation was registered as an Exempted Company in the Cayman Islands, and therefore, is not subject to Cayman Islands income taxes for 20 years from the Date of Inception. While the Company has no intention of conducting any business activities in the United States, the Company would be subject to United States income taxes based on such activities that would occur in the United States.
	The Company accounts for income taxes using the liability method whereby deferred tax asset and liability account balances are determined based on differences between financial reporting and tax bases of assets and liabilities and are measured using the enacted tax rates and laws that will be in effect when the differences are expected to reverse. In assessing the realization of deferred tax assets, management considers whether it is likely that some portion or all of the deferred tax assets will be realized. The ultimate realization of deferred tax assets is dependent upon the Company attaining future taxable income during periods in which those temporary differences become deductible.
	Fair Value of Financial Instruments
	Our financial instruments consist of accounts payable and accrued expenses. We believe the fair value of our payables reflects their carrying amounts.
	The Financial Accounting Standards Board issued ASC (Accounting Standards Codification) 820-10 (SFAS No. 157), “Fair Value Measurements and Disclosures” for financial assets and liabilities. FASB ASC 820-10 provides a framework for measuring fair value and requires expanded disclosures regarding fair value measurements. FASB ASC 820-10 defines fair value as the price that would be received for an asset or the exit price that would be paid to transfer a liability in the principal or most advantageous market in an orderly transaction between market participants on the measurement date. FASB ASC 820-10 also establishes a fair value hierarchy which requires an entity to maximize the use of observable inputs, where available. The following summarizes the three levels of inputs required by the standard that the Company uses to measure fair value:
	Level 1: Quoted prices in active markets for identical assets or liabilities.
	Level 2: Observable inputs other than Level 1 prices such as quoted prices for similar assets or liabilities; quoted prices in markets that are not active or other inputs that are observable or can be corroborated by observable market data for substantially the full term of the related assets or liabilities.
	Level 3: Unobservable inputs that are supported by little or no market activity and that are significant to the fair value of the assets or liabilities.
	As of December 31, 2013 , the Company did not have financial assets or liabilities that would require measurement on a recurring basis based on this guidance.
	Recently Issued Accounting Pronouncements
	In February 2013, the FASB issued ASU No. 2013-02, Reporting of Amounts Reclassified Out of Accumulated Other Comprehensive (ASU 2013-02). This guidance is the culmination of the FASB’s deliberation on reporting reclassification adjustments from accumulated other comprehensive income (AOCI). The amendments in ASU 2013-02 do not change the current requirements for reporting net income or other comprehensive income. However, the amendments require disclosure of amounts reclassified out of AOCI in its entirety, by component, on the face of the statement of operations or in the notes thereto. Amounts that are not required to be reclassified in their entirety to net income must be cross-referenced to other disclosures that provide additional detail. This standard is effective prospectively for annual and interim reporting periods beginning after December 15, 2012. The Company is evaluating the effect, if any, the adoption of ASU 2013-02 will have on its financial statements. Other recent accounting pronouncements issued by the FASB (including its Emerging Issues Task Force), the American Institute of Certified Public Accountants, and the United States Securities and Exchange Commission did not or are not believed by management to have a material impact on the Company’s present or future financial statements.

Going_Concern

Going Concern	6 Months Ended
	Dec. 31, 2013
Going Concern	'
Going Concern	'
	Note 3 – Going Concern
	Under the going concern assumption, an entity is ordinarily viewed as continuing in business for the foreseeable future with neither the intention nor the necessity of liquidation, ceasing trading, or seeking protection from creditors pursuant to laws or regulations. Accordingly, assets and liabilities are recorded on the basis that the entity will be able to realize its assets and discharge its liabilities in the normal course of business.
	The future of the Company is dependent upon its ability to obtain financing and upon future profitable operations from the development of its planned business. Management has plans to seek additional capital through a public or private offering of equity or debt securities, or by other means. These conditions raise substantial doubt about the Company’s ability to continue as a going concern. These financial statements do not include any adjustments that might arise from this uncertainty.
	There can be no assurance that sufficient funds required during the next year or thereafter will be generated from operations or that funds will be available from external sources such as debt or equity financings or other potential sources. The lack of additional capital resulting from the inability to generate cash flow from the operations or to raise capital from external sources would force the Company to substantially curtail or cease operations and would, therefore, have a material adverse effect on its business. Furthermore, there can be no assurance that any such required funds, if available, will be available on attractive terms or that they will not have a significant dilutive effect on the Company’s existing stockholders.
	The financial statements do not include any adjustments relating to the recoverability and classification of recorded assets, or the amounts of and classification of liabilities that might necessary in the event the Company cannot continue in existence.

Payable_to_Affiliate_and_Accou

Payable to Affiliate and Accounts Payable	6 Months Ended
	Dec. 31, 2013
Payable to Affiliate and Accounts Payable:	'
Payable to Affiliate and Accounts Payable	'
	Note 4 - Payable to Affiliate and Accounts Payable
	On November 15, 2012, the Company was released from a payable to a related party of a former shareholder of the Company in the amount of $10,361 and any rights or obligations pursuant to such liability were waived.  The Company does not have a  payable to affiliate balance as of December 31, 2013.
	During the report period, the company has incurred legal and auditing cost total of $6,014. These costs were paid by an affiliate company, ACI, Inc. As of December 31 and June 30, 2013, the company has a balance of $35,461 and $23,107 on accounts payable to ACI.

Shareholders_Deficit

Shareholders' Deficit	6 Months Ended
	Dec. 31, 2013
Shareholders' Deficit	'
Shareholders' Deficit	'
	Note 5 – Shareholders’ Deficit
	On September 27, 2006, the Company was formed with 859,375 shares of its restricted ordinary shares issued at par value of $0.000128 per share, for consideration of $110 to its founding shareholders. The stock, along with a payable issued to a Founder of $2,482, were the basis of the funding of the Company’s formation costs. On December 21, 2008, the Company sold 138,900 shares of its restricted ordinary shares for $6,614. The restricted ordinary shares were sold to approximately 450 offshore private investors pursuant to a Private Placement Offering in lots of 300 shares each at approximately $0.05 per share. No underwriting discounts or commissions were paid with respect to such sales.

Preference_Shares

Preference Shares	6 Months Ended
	Dec. 31, 2013
Preference Shares:	'
Preference Shares	'
	Note 6 - Preference Shares
	The Company is authorized to issue 781,250 shares of preference shares with such designations, voting and other rights and preferences as may be determined from time to time by the Board of Directors. At December 31, 2013, there were no preference shares issued or outstanding.

Accounting_Policies_Policies

Accounting Policies (Policies)	6 Months Ended
	Dec. 31, 2013
Accounting Policies (Policies):	'
Interim financial information	'
	Interim financial information
	The financial statements included herein, which have not been audited pursuant to the rules and regulations of the Securities and Exchange Commission, reflect all adjustments which, in the opinion of management, are necessary for a fair presentation of financial position, results of operations and cash flows for the interim periods on a basis consistent with the annual audited statements. All such adjustments are of a normal recurring nature. The results of operations for interim periods are not necessarily indicative of the results that may be expected for any other interim period or for a full year. Certain information, accounting policies and footnote disclosures normally included in consolidated financial statements prepared in conformity with accounting principles generally accepted in the United States of America have been omitted pursuant to such rules and regulations, although we believe that the disclosures are adequate to make the information presented not misleading. These financial statements should be read in conjunction with our audited financial statements included in our Form 10-K for the year ended June 30, 2013, filed with the Securities and Exchange Commission on October 15, 2013.
Basis of Presentation	'
	Basis of Presentation
	These financial statements are presented on the accrual basis of accounting in accordance with generally accepted accounting principles in the United States of America.
Development Stage Activities	'
	Development Stage Activities
	The Company complies with Financial Accounting Standards Codification (“ASC’) 915 and Securities and Exchange Commission Act Guide 7 for its characterization of the company as development stage enterprise.
	The Company has no revenues for the period from inception (September 27, 2006) through December 31, 2013 and does not intend to realize revenues until the consummation of a merger with an operating entity. The Company’s principal business objective for the next 12 months and beyond will be to achieve long-term growth potential through a business combination rather than short-term earnings. There can be no assurance that the Company will ever consummate the business combination; achieve or sustain profitability or positive cash flows from its operations, reduce expenses or sell ordinary shares. To date, the Company has funded its formation activities primarily through issuances of its ordinary shares and advances from stockholders and affiliate company.
	The affiliate company, ACI, Inc. has agreed to continue funding the Company’s formation activities through the next three quarters, or until a business combination has been consummated.
Cash and Cash Equivalents, Policy	'
	Cash and Cash Equivalents
	We consider all highly liquid investments (i.e., investments which, when purchased, have original maturities of three months or less) to be cash equivalents. The Company does not have cash equivalents as of December 31, 2013 and June 30, 2013.
Use of Estimates	'
	Use of Estimates
	The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and reported amounts of revenue and expenses during the reporting period. Actual results could differ from those estimates.
Loss Per Ordinary Share	'
	Loss Per Ordinary Share
	Basic loss per ordinary share is based on the weighted effect of ordinary shares issued and outstanding, and is calculated by dividing net loss by the weighted average shares outstanding during the period. Diluted loss per ordinary share is calculated by dividing net loss by the weighted average number of ordinary shares used in the basic loss per share calculation plus the number of ordinary shares that would be issued assuming exercise or conversion of all potentially dilutive ordinary shares outstanding. The Company does not present diluted earnings per share for years in which it incurred net losses as the effect is antidilutive.
	As of December 31, 2013 and June 30, 2013, there were no potentially dilutive ordinary shares outstanding.
Income Taxes	'
	Income Taxes
	Apollo Acquisition Corporation was registered as an Exempted Company in the Cayman Islands, and therefore, is not subject to Cayman Islands income taxes for 20 years from the Date of Inception. While the Company has no intention of conducting any business activities in the United States, the Company would be subject to United States income taxes based on such activities that would occur in the United States.
	The Company accounts for income taxes using the liability method whereby deferred tax asset and liability account balances are determined based on differences between financial reporting and tax bases of assets and liabilities and are measured using the enacted tax rates and laws that will be in effect when the differences are expected to reverse. In assessing the realization of deferred tax assets, management considers whether it is likely that some portion or all of the deferred tax assets will be realized. The ultimate realization of deferred tax assets is dependent upon the Company attaining future taxable income during periods in which those temporary differences become deductible.
Fair Value of Financial Instruments	'
	Fair Value of Financial Instruments
	Our financial instruments consist of accounts payable and accrued expenses. We believe the fair value of our payables reflects their carrying amounts.
	The Financial Accounting Standards Board issued ASC (Accounting Standards Codification) 820-10 (SFAS No. 157), “Fair Value Measurements and Disclosures” for financial assets and liabilities. FASB ASC 820-10 provides a framework for measuring fair value and requires expanded disclosures regarding fair value measurements. FASB ASC 820-10 defines fair value as the price that would be received for an asset or the exit price that would be paid to transfer a liability in the principal or most advantageous market in an orderly transaction between market participants on the measurement date. FASB ASC 820-10 also establishes a fair value hierarchy which requires an entity to maximize the use of observable inputs, where available. The following summarizes the three levels of inputs required by the standard that the Company uses to measure fair value:
	Level 1: Quoted prices in active markets for identical assets or liabilities.
	Level 2: Observable inputs other than Level 1 prices such as quoted prices for similar assets or liabilities; quoted prices in markets that are not active or other inputs that are observable or can be corroborated by observable market data for substantially the full term of the related assets or liabilities.
	Level 3: Unobservable inputs that are supported by little or no market activity and that are significant to the fair value of the assets or liabilities.
	As of December 31, 2013 , the Company did not have financial assets or liabilities that would require measurement on a recurring basis based on this guidance.
Recently Issued Accounting Pronouncements	'
	Recently Issued Accounting Pronouncements
	In February 2013, the FASB issued ASU No. 2013-02, Reporting of Amounts Reclassified Out of Accumulated Other Comprehensive (ASU 2013-02). This guidance is the culmination of the FASB’s deliberation on reporting reclassification adjustments from accumulated other comprehensive income (AOCI). The amendments in ASU 2013-02 do not change the current requirements for reporting net income or other comprehensive income. However, the amendments require disclosure of amounts reclassified out of AOCI in its entirety, by component, on the face of the statement of operations or in the notes thereto. Amounts that are not required to be reclassified in their entirety to net income must be cross-referenced to other disclosures that provide additional detail. This standard is effective prospectively for annual and interim reporting periods beginning after December 15, 2012. The Company is evaluating the effect, if any, the adoption of ASU 2013-02 will have on its financial statements. Other recent accounting pronouncements issued by the FASB (including its Emerging Issues Task Force), the American Institute of Certified Public Accountants, and the United States Securities and Exchange Commission did not or are not believed by management to have a material impact on the Company’s present or future financial statements.

Ordinary_Shares_Parentheticals

Ordinary Shares Parentheticals (Details) (USD $)	Mar. 20, 2013	Nov. 15, 2012
Ordinary Shares Parentheticals	'	'
Shares purchased by Sword Dancer, LLc	'	781,250
Company's capital stock par value	'	$0.00
Percentage of issued and outstanding ordinary shares	'	78.30%
Aggregate purchase price	'	$33,334
Shares sold by Sword Dancer LLC	781,250	'
Par value of ordinary shares sold	$0.00	'
Percentage of stock acquired by Hybrid Kinetic	78.30%	'
Shares of the Company held by Sword Dancer, for an aggregate purchase price	100,000	'

Payable_to_Affiliate_and_Accou1

Payable to Affiliate and Accounts Payable (Details) (USD $)	Dec. 31, 2013	Jun. 30, 2013
Payable to Affiliate and Accounts Payable As Follows:	'	'
Payable to affiliate waived liability	$10,361	'
Incurred legal and auditing cost total	6,014	'
General Accounts Payable account Balance	$35,461	$23,107

Ordinary_Shares_Details

Ordinary Shares (Details) (USD $)	Dec. 21, 2008	Sep. 27, 2006
Ordinary Shares	'	'
Issue of ordinary shares at par	'	859,375
Per share value	'	$0.00
Consideration	'	$110
Payable issued to a founder	'	2,482
Sale of ordinary shares	138,900	'
Sold shares of restricted ordinary shares value	$6,614	'
Number of private investors	450	'
Number of shares offered to each investor	300	'
Value per share	'	$0.05

Preference_Shares_Transactions

Preference Shares Transactions (Details)	Dec. 31, 2013
Preference Shares Transactions:	'
Authorized to issue preference shares	781,250