APEX 2 10-K 5 Mar 14 2013 FY Annual report Financial data

Document_and_Entity_Informatio

Document and Entity Information (USD $)	12 Months Ended
	Dec. 31, 2013	Mar. 05, 2014
Document And Entity Information	'	'
Entity Registrant Name	'APEX 2 Inc.	'
Entity Central Index Key	'0001521466	'
Document Type	'10-K	'
Document Period End Date	31-Dec-13	'
Amendment Flag	'false	'
Current Fiscal Year End Date	'--12-31	'
Is Entity a Well-known Seasoned Issuer?	'No	'
Is Entity a Voluntary Filer?	'No	'
Is Entity's Reporting Status Current?	'Yes	'
Entity Filer Category	'Smaller Reporting Company	'
Entity Public Float	'	$0
Entity Common Stock, Shares Outstanding	'	10,000,000
Document Fiscal Period Focus	'FY	'
Document Fiscal Year Focus	'2013	'

BALANCE_SHEETS

BALANCE SHEETS (USD $)	Dec. 31, 2013	Dec. 31, 2012
ASSETS	'	'
TOTAL ASSETS	$0	$0
Current Liabilities	'	'
Accounts payable	'	1,250
Due related party	26,760	10,400
Total Current Liabilities	26,760	11,650
Commitments and contingencies	'	'
Stockholder's Deficit	'	'
Common stock;$.0001 par value; 100,000,000 shares authorized; 10,000,000 shares issued and outstanding	1,000	1,000
Deficit accumulated during the development stage	-27,760	-12,650
Total Stockholder's Deficit	-26,760	-11,650
TOTAL LIABILITIES AND STOCKHOLDER'S DEFICIT	$0	$0

BALANCE_SHEETS_Parenthetical

BALANCE SHEETS (Parenthetical) (USD $)	Dec. 31, 2013	Dec. 31, 2012
Stockholder's Deficit	'	'
Preferred stock, par value	$0.00	$0.00
Preferred stock, Authorized	5,000,000	5,000,000
Preferred stock, Issued	0	0
Preferred stock, outstanding	0	0
Common stock, par value	$0.00	$0.00
Common stock, Authorized	100,000,000	100,000,000
Common stock, Issued	10,000,000	10,000,000
Common stock, outstanding	10,000,000	10,000,000

STATEMENTS_OF_OPERATIONS

STATEMENTS OF OPERATIONS (USD $)	12 Months Ended		32 Months Ended
	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2013
EXPENSES	'	'	'
General and administrative	$15,110	$9,650	$27,760
Total expenses	15,110	9,650	27,760
NET LOSS	($15,110)	($9,650)	($27,760)
BASIC AND DILUTED NET LOSS PER SHARE	$0	$0	$0
WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING,BASIC AND DILUTED	10,000,000	10,000,000	10,000,000

STATEMENT_OF_CHANGES_IN_STOCKH

STATEMENT OF CHANGES IN STOCKHOLDER'S DEFICIT (USD $)	Common Stock	Deficit Accumulated During the Development stage	Total
Beginning Balance, Amount at May. 16, 2011	$1,000	'	$1,000
Beginning Balance, Shares at May. 16, 2011	10,000,000	'	'
Net loss	'	-3,000	-3,000
Ending Balance, Amount at Dec. 31, 2011	1,000	-3,000	-2,000
Ending Balance, Shares at Dec. 31, 2011	10,000,000	'	'
Net loss	'	-9,650	-9,650
Ending Balance, Amount at Dec. 31, 2012	1,000	-12,650	-11,650
Ending Balance, Shares at Dec. 31, 2012	10,000,000	'	'
Net loss	'	-15,110	-15,110
Ending Balance, Amount at Dec. 31, 2013	$1,000	($27,760)	($26,760)
Ending Balance, Shares at Dec. 31, 2013	10,000,000	'	'

STATEMENTS_OF_CASH_FLOW

STATEMENTS OF CASH FLOW (USD $)	12 Months Ended		32 Months Ended
	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2013
CASH FLOWS FROM OPERATING ACTIVITIES:	'	'	'
Net loss	($15,110)	($9,650)	($27,760)
Adjustments to reconcile net loss to net cash used in operations:	'	'	'
Stock based compensation	'	'	1,000
Changes in operating assets and liabilities:	'	'	'
Accounts payable	-1,250	1,250	'
Net cash used in operating activities	-16,360	-8,400	-26,760
CASH FLOWS FROM FINANCING ACTIVITIES:	'	'	'
Proceeds from borrowing, related party	16,360	8,400	26,760
Net cash provided by financing activities	16,360	8,400	26,760
NET CHANGE IN CASH	'	'	'
CASH - Beginning of period	'	'	'
CASH - End of period	'	'	'
SUPPLEMENTAL CASH FLOW DISCLOSURES:	'	'	'
Interest paid	'	'	'
Income taxes paid	'	'	'

ORGANIZATION_AND_DESCRIPTION_O

ORGANIZATION AND DESCRIPTION OF BUSINESS	12 Months Ended
	Dec. 31, 2013
Notes to Financial Statements	'
NOTE 1: ORGANIZATION AND DESCRIPTION OF BUSINESS	'
	Apex 2, Inc. (the “Company”) was incorporated under the laws of the State of Delaware on May 17, 2011 and has been inactive since inception. The Company intends to serve as a vehicle to effect an asset acquisition, merger, exchange of capital stock or other business combination with a domestic or foreign business.
	On Oct 28, 2011, the sole officer and director, entered into a Share Purchase Agreement and sold 10,000,000 shares of the Company’s common stock to MAP Universal LLC. These shares represent 100% of the Company’s issued and outstanding common stock

SUMMARY_OF_SIGNIFICANT_ACCOUNT

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	12 Months Ended
	Dec. 31, 2013
Notes to Financial Statements	'
NOTE 2: SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	'
	Basis of Presentation - Development Stage Company
	The Company has not earned any revenue from operations. Accordingly, the Company’s activities have been accounted for as those of a “Development Stage Company” as set forth in Financial Accounting Standards Board Statement ASC 915 Among the disclosures required by ASC 915 are that the Company’s financial statements be identified as those of a development stage company, and that the statements of operations, stockholders’ equity and cash flows disclose activity since the date of the Company’s inception.
	Accounting Method
	The Company’s financial statements are prepared using the accrual method of accounting. The Company has elected a fiscal year ending on December 31.
	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. In the opinion of management, all adjustments necessary in order to make the financial statements not misleading have been included. Actual results could differ from those estimates.
	Cash and Cash Equivalents
	The Company considers all highly liquid investments purchased with an original maturity of three months or less to be cash equivalents.
	Income Taxes
	Income taxes are provided in accordance with Statement of Financial Accounting Standards No 740 (ASC 740), Accounting for Income Taxes. A deferred tax asset or liability is recorded for all temporary differences between financial and tax reporting and net operating loss carry forwards. Deferred tax expense (benefit) results from the net change during the year of deferred tax assets and liabilities. Deferred tax assets are reduced by a valuation allowance when, in the opinion of management, it is more likely than not that some portion of all of the deferred tax assets will be realized. Deferred tax assets and liabilities are adjusted for the effects of changes in tax laws and rates on the date of enactment. There were no current or deferred Income tax expenses or benefits due to the Company not having any material operations since inception.
	Basic and diluted net loss per share
	Basic and diluted net loss per share calculations are calculated on the basis of the weighted average number of common shares outstanding during the period. They include the dilutive effect of common stock equivalents in years with net income. Basic and diluted net loss per share is the same due to the absence of common stock equivalents.
	Impact of New Accounting Standards
	The Company does not expect the adoption of recently issued accounting pronouncements to have a significant impact on the Company’s results of operations, financial position, or cash flow.

GOING_CONCERN

GOING CONCERN	12 Months Ended
	Dec. 31, 2013
Notes to Financial Statements	'
NOTE 3: GOING CONCERN	'
	The Company’s financial statements are prepared using accounting principles generally accepted in the United States of America applicable to a going concern that contemplates the realization of assets and liquidation of liabilities in the normal course of business. The Company, as shown in the accompanying balance sheets, has no assets and an accumulated deficit of $27,760 as of December 31, 2013. The Company has not established any source of revenue to cover its operating costs. The Company will engage in very limited activities that must be satisfied in cash until a source of funding is secured. The Company will offer noncash consideration and seek equity lines as a means of financing its operations. If the Company is unable to obtain revenue producing contracts or financing or if the revenue or financing it does obtain is insufficient to cover any operating losses it may incur, it may substantially curtail or terminate its operations or seek other business opportunities through strategic alliances, acquisitions or other arrangements that may dilute the interests of existing stockholder.

INCOME_TAXES

INCOME TAXES	12 Months Ended
	Dec. 31, 2013
Notes to Financial Statements	'
NOTE 4: INCOME TAXES	'
	The provision (benefit) for income taxes for the years ended December 31, 2013 and 2012 consists of the following:
	Current	2013			2012
	Federal	$	-		$	-
	State		-
	Deferred
	Federal		(5,137	)		(3,281	)
	State		(498	)		(318	)
	Change in valuation allowance		5,635			3,599
			-			-
	The Company’s income tax rate computed at the statutory federal rate of 34% differs from its effective tax rate primarily due to permanent items, state taxes and the change in the deferred tax asset valuation allowance.
	Income tax at statutory rate		34
	State income taxes, net of federal benefit		3.3
	Change in valuation allowance		(37.30	)
	Total		0	%
	Deferred income taxes reflect the net tax effects of temporary differences between the carrying amounts of assets and liabilities for financial reporting purposes and the amounts used for income tax purposes. In assessing the realizability of deferred tax assets, Management evaluates whether it is more likely than not that some portion or all of its deferred tax assets will not be realized. The ultimate realization of deferred tax assets is dependent upon the generation of future taxable income during the periods in which those temporary differences become deductible. Management considers the scheduled reversal of deferred tax liabilities, projected future taxable income and tax planning strategies in making this assessment. Based on Management’s evaluation, the net deferred tax asset was offset by a full valuation allowance in all periods presented. The Company’s deferred tax asset valuation allowance will be reversed if and when the Company generates sufficient taxable income in the future to utilize the tax benefits of the related deferred tax assets.
	The tax effects of temporary differences that give rise to significant portions of the deferred tax assets and tax liabilities are as follows:
		2013			2012
	Net operating loss	$	10,354		$	4,719
	Gross deferred tax assets:		5,635			4,719
	Less: valuation allowance		(10.354	)		(4,719	)
	Net deferred tax assets	$	-		$	-
	As of December 31, 2013 the Company had operating loss carry-forwards of approximately $27,760 available to offset future taxable income, expiring in 2033.
	The Company’s tax years since May 17, 2011 (inception) through December 31, 2012 and the year ended December 31, 2013 remain subject to examination by Federal and state jurisdictions.

RELATED_PARTY_TRANSACTIONS

RELATED PARTY TRANSACTIONS	12 Months Ended
	Dec. 31, 2013
Notes to Financial Statements	'
NOTE 5: RELATED PARTY TRANSACTIONS	'
	During the period from May 17, 2011 (inception) through December 31, 2013 the Company’s officer and director performed services for the Company, the value of which was $1,000. In exchange the Company’s officer and director received 10,000,000 shares of common stock. The Company’ officer and director loaned $26,760 to the Company during the period from May 17, 2011 (inception) through December 31, 2013. There are no specific term and no interest on this advance.
	During the years ended December 31, 2013 and 2012, the Company’s officer and director advanced the Company $16,360 and $8,400, respectively. The advance is non-interest bearing and due on demand. As of December 31, 2013 and 2012 the amount owed to the officer and director totaled $26,760 and $10,400, respectively.

STOCKHOLDERS_DEFICIT

STOCKHOLDER'S DEFICIT	12 Months Ended
	Dec. 31, 2013
Notes to Financial Statements	'
NOTE 6: STOCKHOLDER'S DEFICIT	'
	Upon formation, the Board of Directors issued 10,000,000 shares of common stock for $1,000 in services to the founding shareholder of the Company.

SUMMARY_OF_SIGNIFICANT_ACCOUNT1

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	12 Months Ended
	Dec. 31, 2013
Summary Of Significant Accounting Policies Policies	'
Basis of Presentation - Development Stage Company	'
	The Company has not earned any revenue from operations. Accordingly, the Company’s activities have been accounted for as those of a “Development Stage Company” as set forth in Financial Accounting Standards Board Statement ASC 915 Among the disclosures required by ASC 915 are that the Company’s financial statements be identified as those of a development stage company, and that the statements of operations, stockholders’ equity and cash flows disclose activity since the date of the Company’s inception.
Accounting Method	'
	The Company’s financial statements are prepared using the accrual method of accounting. The Company has elected a fiscal year ending on December 31.
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. In the opinion of management, all adjustments necessary in order to make the financial statements not misleading have been included. Actual results could differ from those estimates.
Cash and Cash Equivalents	'
	The Company considers all highly liquid investments purchased with an original maturity of three months or less to be cash equivalents.
Income Taxes	'
	Income taxes are provided in accordance with Statement of Financial Accounting Standards No 740 (ASC 740), Accounting for Income Taxes. A deferred tax asset or liability is recorded for all temporary differences between financial and tax reporting and net operating loss carry forwards. Deferred tax expense (benefit) results from the net change during the year of deferred tax assets and liabilities. Deferred tax assets are reduced by a valuation allowance when, in the opinion of management, it is more likely than not that some portion of all of the deferred tax assets will be realized. Deferred tax assets and liabilities are adjusted for the effects of changes in tax laws and rates on the date of enactment. There were no current or deferred Income tax expenses or benefits due to the Company not having any material operations since inception.
Basic and diluted net loss per share	'
	Basic and diluted net loss per share calculations are calculated on the basis of the weighted average number of common shares outstanding during the period. They include the dilutive effect of common stock equivalents in years with net income. Basic and diluted net loss per share is the same due to the absence of common stock equivalents.
Impact of New Accounting Standards	'
	The Company does not expect the adoption of recently issued accounting pronouncements to have a significant impact on the Company’s results of operations, financial position, or cash flow.

INCOME_TAXES_Tables

INCOME TAXES (Tables)	12 Months Ended
	Dec. 31, 2013
Income Taxes Tables	'
Provision (benefit) for income taxes	'
	The provision (benefit) for income taxes for the years ended December 31, 2013 and 2012 consists of the following:
	Current	2013			2012
	Federal	$	-		$	-
	State		-
	Deferred
	Federal		(5,137	)		(3,281	)
	State		(498	)		(318	)
	Change in valuation allowance		5,635			3,599
			-			-
Company's income tax rate computed at the statutory federal rate of 34% differs from its effective tax rate	'
	The Company’s income tax rate computed at the statutory federal rate of 34% differs from its effective tax rate primarily due to permanent items, state taxes and the change in the deferred tax asset valuation allowance.
	Income tax at statutory rate		34
	State income taxes, net of federal benefit		3.3
	Change in valuation allowance		(37.30	)
	Total		0	%
Deferred tax assets and tax liabilities	'
	The tax effects of temporary differences that give rise to significant portions of the deferred tax assets and tax liabilities are as follows:
		2013			2012
	Net operating loss	$	10,354		$	4,719
	Gross deferred tax assets:		5,635			4,719
	Less: valuation allowance		(10.354	)		(4,719	)
	Net deferred tax assets	$	-		$	-

GOING_CONCERN_Details_Narrativ

GOING CONCERN (Details Narrative) (USD $)	Dec. 31, 2013	Dec. 31, 2012
Going Concern Details Narrative	'	'
Accumulated deficit	$27,760	$12,650

INCOME_TAXES_Details

INCOME TAXES (Details) (USD $)	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012
Current	'	'
Federal	'	'
State	'	'
Deferred	'	'
Federal	-5,137	-3,281
State	-498	-318
Change in valuation allowance	5,635	3,599
Total	'	'

INCOME_TAXES_Details_1

INCOME TAXES (Details 1)	12 Months Ended
	Dec. 31, 2013
Income Taxes Details 1	'
Income tax at statutory rate	34.00%
State income taxes, net of federal benefit	3.30%
Change in valuation allowance	-37.30%
Total	0.00%

INCOME_TAXES_Details_2

INCOME TAXES (Details 2) (USD $)	Dec. 31, 2013	Dec. 31, 2012
Income Taxes Details 2	'	'
Net operating loss	$10,354	$4,719
Gross deferred tax assets:	5,635	4,719
Less: valuation allowance	-10,354	-4,719
Net deferred tax assets	'	'

INCOME_TAXES_Details_Narrative

INCOME TAXES (Details Narrative) (USD $)	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012
Income Taxes Details Narrative	'	'
Operating loss carry-forwards	'	$27,760
Operating loss carry-forwards Expiration Year	'2033	'

RELATED_PARTY_TRANSACTIONS_Det

RELATED PARTY TRANSACTIONS (Details Narrative) (USD $)	12 Months Ended		32 Months Ended
	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2013
Related Party Transactions Details Narrative	'	'	'
Director performed services amount	'	'	$1,000
Common stock received by director in exchange	'	'	10,000,000
Due to Officer	'	'	26,760
Advances from officers and directors	16,360	8,400	'
Due from Officers	$26,760	$10,400	$26,760