Document_and_Entity_Informatio
Document and Entity Information | 6 Months Ended | |
Jun. 30, 2014 | Jul. 31, 2014 | |
Document And Entity Information [Abstract] | ' | ' |
Entity Registrant Name | 'ChinAmerica Andy Movie Entertainment Media Co. | ' |
Entity Central Index Key | '0001543605 | ' |
Trading Symbol | 'came | ' |
Current Fiscal Year End Date | '--12-31 | ' |
Entity Filer Category | 'Smaller Reporting Company | ' |
Entity Common Stock, Shares Outstanding | ' | 125,488,400 |
Document Type | '10-Q | ' |
Document Period End Date | 30-Jun-14 | ' |
Amendment Flag | 'false | ' |
Document Fiscal Year Focus | '2014 | ' |
Document Fiscal Period Focus | 'Q2 | ' |
BALANCE_SHEETS
BALANCE SHEETS (USD $) | Jun. 30, 2014 | Dec. 31, 2013 |
Current Assets: | ' | ' |
Cash and Cash Equivalents | $1,091,505 | $286,383 |
Prepaid Expenses | 513 | ' |
Total and Current Assets | 1,092,018 | 286,383 |
Current Liabilities: | ' | ' |
Accounts Payable | 1,533 | 758 |
Accrued Taxes | 212,800 | ' |
Related Party Payables | ' | 20,500 |
Loans from Shareholders | ' | 24,616 |
Total and Current Liabilities | 214,333 | 45,874 |
Stockholders' Equity: | ' | ' |
Common Stock, $.01 per share par value; 5,000,000,000 shares authorized; and 125,488,400 and 123,438,400 shares issued and outstanding, respectively | 1,254,884 | 1,234,384 |
Additional Paid in Capital | -924,900 | -924,900 |
Accumulated Other Comprehensive Income | -15,054 | ' |
(Accumulated deficit) Retained Earnings | 562,755 | -68,975 |
Total Stockholders' Equity | 877,685 | 240,509 |
Total Liabilities and Stockholders' Equity | $1,092,018 | $286,383 |
BALANCE_SHEETS_Parentheticals
BALANCE SHEETS (Parentheticals) (USD $) | Jun. 30, 2014 | Dec. 31, 2013 |
Statement Of Financial Position [Abstract] | ' | ' |
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 | 125,488,400 | 123,438,400 |
Common stock, shares outstanding | 125,488,400 | 123,438,400 |
STATEMENTS_OF_OPERATIONS_AND_C
STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (unaudited) (USD $) | 3 Months Ended | 6 Months Ended | ||
Jun. 30, 2014 | Jun. 30, 2013 | Jun. 30, 2014 | Jun. 30, 2013 | |
Revenue: | ' | ' | ' | ' |
Revenue | $160,830 | ' | $983,330 | ' |
Expenses: | ' | ' | ' | ' |
General and Administrative | 51,090 | 6,855 | 139,767 | 15,501 |
Profit (Loss) from Operations | 109,740 | -6,855 | 843,563 | -15,501 |
Other Income | 738 | ' | 967 | ' |
Income Tax Expense | 61,000 | ' | -212,800 | ' |
Net (Loss) Income | 171,478 | -6,855 | 631,730 | -15,501 |
Foreign Currency Gain (Loss) | 1,325 | ' | -15,054 | ' |
Net Comprehensive Income (Loss) | $172,803 | ($6,855) | $616,676 | ($15,501) |
Basic and Diluted Net (Loss) per share: | ' | ' | ' | ' |
Continuing Operations (in dollars per share) | $0 | $0 | $0 | $0 |
Weighted average shares outstanding (in shares) | 125,488,400 | 7,126,374 | 124,945,306 | 5,323,204 |
STATEMENTS_OF_CASH_FLOWS
STATEMENTS OF CASH FLOWS (USD $) | 6 Months Ended | |
Jun. 30, 2014 | Jun. 30, 2013 | |
Cash Flows from Operating Activities | ' | ' |
Net Income (Loss) | $631,730 | ($15,501) |
Changes in Operating Assets and Liabilities: | ' | ' |
Accounts Payable and Accrued Expenses | 213,575 | 590 |
Prepaid and other assets | -513 | ' |
Net Cash Provided by (Used In) Operating Activities | 844,792 | -14,911 |
Cash Flows From Financing Activities: | ' | ' |
Loans from Related Parties | -24,616 | 311,000 |
Issuance of Common Stock | ' | 50,000 |
Net Cash (Used In) Provided By Financing Activities | -24,616 | 361,000 |
Foreign currency translation | -15,054 | ' |
Net Change in Cash and Cash Equivalents: | 805,122 | 346,089 |
Cash and Cash Equivalents, beginning of period | 286,383 | 3,641 |
Cash and Cash Equivalents, end of period | 1,091,505 | 349,730 |
Supplemental Disclosure: | ' | ' |
Cash paid for interest | ' | ' |
Cash paid for income taxes | ' | ' |
Non-Cash Financing Activities: | ' | ' |
Issuance of Common Stock for converted debt | $20,500 | ' |
BUSINESS_DESCRIPTION_AND_NATUR
BUSINESS DESCRIPTION AND NATURE OF OPERATIONS | 6 Months Ended |
Jun. 30, 2014 | |
Business Description And Basis Of Presentation [Abstract] | ' |
BUSINESS DESCRIPTION AND NATURE OF OPERATIONS | ' |
NOTE 1. BUSINESS DESCRIPTION AND NATURE OF OPERATIONS | |
Organization | |
ChinAmerica Andy Movie Entertainment Media Co., was incorporated under the laws of the State of Florida on September 26, 2002. On October 11, 2012, the Company changed its operations to focus on Movie, Entertainment and Media. |
SUMMARY_OF_SIGNIFICANT_ACCOUNT
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES | 6 Months Ended |
Jun. 30, 2014 | |
Accounting Policies [Abstract] | ' |
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES | ' |
NOTE 2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES | |
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 six month periods ended June 30, 2014 and 2013; (b) the financial position at June 30, 2013; and (c) cash flows for the six month periods ended June 30, 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 | |
The accompanying unaudited financial statements of the Company have been prepared in accordance with accounting principles generally accepted in the United States of America for interim financial information and in accordance with the instructions to Form 10-Q and Article 8 of Regulation S-X. Accordingly, they do not include all of the information and footnotes required by accounting principles generally accepted in the United States of America for complete financial statements. In the opinion of management, all adjustments (consisting of normal recurring accruals) considered necessary for a fair presentation have been included. For further information regarding the Company's significant accounting policies, refer to the audited consolidated financial statements and footnotes thereto included in the Company's Annual Report on Form 10-K for the year ended December 31, 2013 filed with the Securities and Exchange Commission on March 20, 2014. | |
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. All Amounts referenced in these Financial Statements and this Report are in US Dollars unless otherwise stated. | |
Cash and Cash Equivalents | |
The majority of 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. | |
Foreign Currency Translation. The Company addressed the effect of the exchange rate differences resulting from the translation of the financial statements held by AF Ocean Shanghai in China with an accumulated exchange rate adjustment of ($15,054) for the 6 months ended June 30, 2014. The effect of the foreign currency translation is recorded in comprehensive income. | |
Stock-Based Compensation | |
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. | |
Income Taxes | |
Beginning September 1, 2009, the Company adopted the provisions of ASC 740-10, "Accounting for Uncertain Income Tax Positions." When tax returns are filed, it is highly certain that some positions taken would be sustained upon examination by the taxing authorities, while others are subject to uncertainty about the merits of the position taken or the amount of the position that would be ultimately sustained. In accordance with the guidance of ASC 740-10, the benefit of a tax position is recognized in the financial statements in the period during which, based on all available evidence, management believes it is more likely than not that the position will be sustained upon examination, including the resolution of appeals or litigation processes, if any. Tax positions taken are not offset or aggregated with other positions. Tax positions that meet the more-likely-than-not recognition threshold are measured as the largest amount of tax benefit that is more than 50 percent likely of being realized upon settlement with the applicable taxing authority. The portion of the benefits associated with tax positions taken that exceeds the amount measured as described above should be reflected as a liability for unrecognized tax benefits in the accompanying balance sheets along with any associated interest and penalties that would be payable to the taxing authorities upon examination. | |
The Company believes its tax positions are all highly certain of being upheld upon examination. As such, the Company has not recorded a liability for unrecognized tax benefits. As of June 30, 2014, tax years 2013, 2012, 2011 and 2010 remain open for IRS audit. The Company has received no notice of audit from the IRS for any of the open tax years. | |
Effective September 1, 2009, the Company adopted ASC 740-10, "Definition of Settlement in FASB Interpretation No. 48", ("ASC 740-10"), which was issued on May 2, 2007. ASC 740-10 amends FIN 48 to provide guidance on how an entity should determine whether a tax position is effectively settled for the purpose of recognizing previously unrecognized tax benefits. The term "effectively settled" replaces the term "ultimately settled" when used to describe recognition, and the terms "settlement" or "settled" replace the terms "ultimate settlement" or "ultimately settled" when used to describe measurement of a tax position under ASC 740-10. ASC 740-10 clarifies that a tax position can be effectively settled upon the completion of an examination by a taxing authority without being legally extinguished. For tax positions considered effectively settled, an entity would recognize the full amount of tax benefit, even if the tax position is not considered more likely than not to be sustained based solely on the basis of its technical merits and the statute of limitations remains open. The adoption of ASC 740-10 did not have an impact on the accompanying consolidated financial statements. | |
Earnings Per Share | |
Basic earnings Per Share," 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 June 30, 2014 and June 30, 2013 there were no potentially dilutive securities. | |
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 June 30, 2014 through the date these financial statements were issued. |
RELATED_PARTY_TRANSACTIONS
RELATED PARTY TRANSACTIONS | 6 Months Ended |
Jun. 30, 2014 | |
Related Party Transactions [Abstract] | ' |
RELATED PARTY TRANSACTIONS | ' |
NOTE 3. RELATED PARTY TRANSACTIONS | |
On January 3, 2014, ChinAmerica Andy Movie Entertainment Media Co. announced that it has finalized the formal contract with Zhong Mei An Di Yin Shi Wen Hua Chuan Mei Ltd., Co. (hereinafter referred to as "Zhong Mei Yin Shi"), a Chinese company registered in Beijing, People's Republic of China, for joint movie projects in both China and the United States. Zhong Mei Yin Shi agrees to pay a total of $1,000,000 (One Million USD) to ChinAmerica Andy Movie Entertainment Media Co. ("ChinAmerica"). | |
As of June 30, 2014, payments totaling ($983,330) (USD) have been received though AF Ocean Investment Management Company (Shanghai Ltd.) | |
As of June 30, 2014 ChinAmerica paid out a total of $104,683 in management fees to AF Ocean Investment Management Company (Shanghai Ltd.). | |
On May 13, 2014 a loan to shareholder was repaid in full in the amount of $24,616. There are no other related party loans. |
COMMITMENTS_AND_CONTINGENCIES
COMMITMENTS AND CONTINGENCIES | 6 Months Ended |
Jun. 30, 2014 | |
Commitments and Contingencies Disclosure [Abstract] | ' |
COMMITMENTS AND CONTINGENCIES | ' |
NOTE 4. COMMITMENTS AND CONTINGENCIES | |
Legal | |
From time to time, we may be involved in litigation relating to claims arising out of our operations in the normal course of business. As of June 30, 2014 there were no pending or threatened lawsuits that could reasonably be expected to have a material effect on the results of our operations, except as noted. | |
Other Commitments | |
The Company has contractual obligations with AF Ocean Investment Management Company, of which a portion of the $6,350 monthly fee goes towards AF Ocean's rent expense. | |
The Company still rents office space in New York, New York on a month by month basis. The monthly rent is $300. |
STOCKHOLDERS_EQUITY
STOCKHOLDERS' EQUITY | 6 Months Ended |
Jun. 30, 2014 | |
Equity [Abstract] | ' |
STOCKHOLDERS' EQUITY | ' |
NOTE 5. STOCKHOLDERS' EQUITY | |
In January 2012 the authorized amount was increased to 500,000,000 shares of common stock and a stock split was approved at 5,000:1. On October 11, 2012, the Articles of Incorporation were amended as follows: the total authorized capital stock of the corporation was increased to five billion (5,000,000,000) shares. | |
On January 7, 2014, the Company issued 50,000 shares of stock to Catherine Bradaick, an employee of the company at par value of $0.01 per share in lieu of cash compensation for services rendered. | |
On February 19, 2014, the Company issued 2,000,000 shares of Company stock to our President in lieu of cash compensation for services rendered at par value of $0.01 per share. | |
As of June 30, 2014, there were 125,488,400 shares issued and outstanding. |
INCOME_TAX
INCOME TAX | 6 Months Ended |
Jun. 30, 2014 | |
Income Tax Disclosure [Abstract] | ' |
INCOME TAX | ' |
NOTE 6. INCOME TAX | |
As of June 30, 2014 we had a net income before income taxes of $844,530 for the six month ended. We have accrued an estimated tax liability in the amount of $212,800. The actual amount will be determined at year ending December 31, 2014. All net operating carry forwards have been utilized. |
PROPERTY_AND_EQUIPMENT
PROPERTY AND EQUIPMENT | 6 Months Ended | ||||||||
Jun. 30, 2014 | |||||||||
Property, Plant and Equipment [Abstract] | ' | ||||||||
PROPERTY AND EQUIPMENT | ' | ||||||||
NOTE 7. PROPERTY AND EQUIPMENT | |||||||||
Property consists of equipment purchased for the production of revenues: | |||||||||
For the Periods Ended | |||||||||
30-Jun-14 | 31-Dec-13 | ||||||||
(unaudited) | (audited) | ||||||||
Property and Equipment | $ | 2,020 | $ | 2,020 | |||||
Less Accumulated Depreciation | $ | (2,020 | ) | $ | (2,020 | ) | |||
Property and Equipment, Net | $ | - | $ | - | |||||
Assets are depreciated over their useful lives when placed in service. Depreciation expense was $0 for the period ended June 30, 2014 as compared to $0 for the period ended June 30, 2013. |
SUBSEQUENT_EVENTS
SUBSEQUENT EVENTS | 6 Months Ended |
Jun. 30, 2014 | |
Subsequent Events [Abstract] | ' |
SUBSEQUENT EVENTS | ' |
NOTE 8 SUBSEQUENT EVENTS | |
As of July 17, 2014 the Company officially moved their office from Sarasota, FL to Clearwater, FL The office space is rented by AF Ocean Investment Management Company, and ChinAmerica Andy Movie Entertainment Media Co. pays a monthly management fee to AF Ocean for services provided which includes the Company's rent. | |
The Company has evaluated subsequent events through the date the financial statements were issued to assess the need for potential recognition or disclosure in this report. Based upon this evaluation, management determined that all subsequent events that require recognition in the financial statements have been included. |
SUMMARY_OF_SIGNIFICANT_ACCOUNT1
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies) | 6 Months Ended |
Jun. 30, 2014 | |
Accounting Policies [Abstract] | ' |
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 six month periods ended June 30, 2014 and 2013; (b) the financial position at June 30, 2013; and (c) cash flows for the six month periods ended June 30, 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 | |
The accompanying unaudited financial statements of the Company have been prepared in accordance with accounting principles generally accepted in the United States of America for interim financial information and in accordance with the instructions to Form 10-Q and Article 8 of Regulation S-X. Accordingly, they do not include all of the information and footnotes required by accounting principles generally accepted in the United States of America for complete financial statements. In the opinion of management, all adjustments (consisting of normal recurring accruals) considered necessary for a fair presentation have been included. For further information regarding the Company's significant accounting policies, refer to the audited consolidated financial statements and footnotes thereto included in the Company's Annual Report on Form 10-K for the year ended December 31, 2013 filed with the Securities and Exchange Commission on March 20, 2014. | |
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. All Amounts referenced in these Financial Statements and this Report are in US Dollars unless otherwise stated. | |
Cash and Cash Equivalents | ' |
Cash and Cash Equivalents | |
The majority of 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. | |
Foreign Currency Translation | ' |
Foreign Currency Translation. The Company addressed the effect of the exchange rate differences resulting from the translation of the financial statements held by AF Ocean Shanghai in China with an accumulated exchange rate adjustment of ($15,054) for the 6 months ended June 30, 2014. The effect of the foreign currency translation is recorded in comprehensive income. | |
Stock-Based Compensation | ' |
Stock-Based Compensation | |
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. | |
Income Taxes | ' |
Income Taxes | |
Beginning September 1, 2009, the Company adopted the provisions of ASC 740-10, "Accounting for Uncertain Income Tax Positions." When tax returns are filed, it is highly certain that some positions taken would be sustained upon examination by the taxing authorities, while others are subject to uncertainty about the merits of the position taken or the amount of the position that would be ultimately sustained. In accordance with the guidance of ASC 740-10, the benefit of a tax position is recognized in the financial statements in the period during which, based on all available evidence, management believes it is more likely than not that the position will be sustained upon examination, including the resolution of appeals or litigation processes, if any. Tax positions taken are not offset or aggregated with other positions. Tax positions that meet the more-likely-than-not recognition threshold are measured as the largest amount of tax benefit that is more than 50 percent likely of being realized upon settlement with the applicable taxing authority. The portion of the benefits associated with tax positions taken that exceeds the amount measured as described above should be reflected as a liability for unrecognized tax benefits in the accompanying balance sheets along with any associated interest and penalties that would be payable to the taxing authorities upon examination. | |
The Company believes its tax positions are all highly certain of being upheld upon examination. As such, the Company has not recorded a liability for unrecognized tax benefits. As of June 30, 2014, tax years 2013, 2012, 2011 and 2010 remain open for IRS audit. The Company has received no notice of audit from the IRS for any of the open tax years. | |
Effective September 1, 2009, the Company adopted ASC 740-10, "Definition of Settlement in FASB Interpretation No. 48", ("ASC 740-10"), which was issued on May 2, 2007. ASC 740-10 amends FIN 48 to provide guidance on how an entity should determine whether a tax position is effectively settled for the purpose of recognizing previously unrecognized tax benefits. The term "effectively settled" replaces the term "ultimately settled" when used to describe recognition, and the terms "settlement" or "settled" replace the terms "ultimate settlement" or "ultimately settled" when used to describe measurement of a tax position under ASC 740-10. ASC 740-10 clarifies that a tax position can be effectively settled upon the completion of an examination by a taxing authority without being legally extinguished. For tax positions considered effectively settled, an entity would recognize the full amount of tax benefit, even if the tax position is not considered more likely than not to be sustained based solely on the basis of its technical merits and the statute of limitations remains open. The adoption of ASC 740-10 did not have an impact on the accompanying consolidated financial statements. | |
Earnings Per Share | ' |
Earnings Per Share | |
Basic earnings Per Share," 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 June 30, 2014 and June 30, 2013 there were no potentially dilutive securities. | |
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 June 30, 2014 through the date these financial statements were issued. |
PROPERTY_AND_EQUIPMENT_Tables
PROPERTY AND EQUIPMENT (Tables) | 6 Months Ended | ||||||||
Jun. 30, 2014 | |||||||||
Property, Plant and Equipment [Abstract] | ' | ||||||||
Schedule of property and equipment purchased for the production of revenues | ' | ||||||||
For the Periods Ended | |||||||||
30-Jun-14 | 31-Dec-13 | ||||||||
(unaudited) | (audited) | ||||||||
Property and Equipment | $ | 2,020 | $ | 2,020 | |||||
Less Accumulated Depreciation | $ | (2,020 | ) | $ | (2,020 | ) | |||
Property and Equipment, Net | $ | - | $ | - |
SUMMARY_OF_SIGNIFICANT_ACCOUNT2
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Detail Textuals) (USD $) | 3 Months Ended | 6 Months Ended |
Jun. 30, 2014 | Jun. 30, 2014 | |
Accounting Policies [Abstract] | ' | ' |
Accumulated foreign currency exchange rate adjustment | $1,325 | ($15,054) |
RELATED_PARTY_TRANSACTIONS_Det
RELATED PARTY TRANSACTIONS (Detail Textuals) (USD $) | 0 Months Ended | 3 Months Ended | 6 Months Ended | ||
13-May-14 | Jun. 30, 2014 | Jun. 30, 2014 | Jun. 30, 2014 | Jan. 03, 2014 | |
AF Ocean Investment Management Company (Shanghai Ltd.) | Zhong Mei An Di Yin Shi Wen Hua Chuan Mei Ltd., Co. | ||||
Related Party Transaction [Line Items] | ' | ' | ' | ' | ' |
Due from related parties | ' | ' | ' | ' | $1,000,000 |
Revenue | ' | 160,830 | 983,330 | 983,330 | ' |
Management fee | ' | ' | ' | 104,683 | ' |
Repayments of loan from shareholders | $24,616 | ' | ' | ' | ' |
COMMITMENTS_AND_CONTINGENCIES_
COMMITMENTS AND CONTINGENCIES (Detail Textuals) (USD $) | 6 Months Ended |
Jun. 30, 2014 | |
AF Ocean Investment Management Company (Shanghai Ltd.) | ' |
Other Commitments [Line Items] | ' |
Monthly rent on office space | $6,350 |
New York | ' |
Other Commitments [Line Items] | ' |
Monthly rent on office space | $300 |
STOCKHOLDERS_EQUITY_Detail_Tex
STOCKHOLDERS' EQUITY (Detail Textuals) (USD $) | 1 Months Ended | 0 Months Ended | 1 Months Ended | |||
Jan. 31, 2012 | Jun. 30, 2014 | Dec. 31, 2013 | Oct. 11, 2012 | Jan. 07, 2014 | Feb. 19, 2014 | |
Catherine Bradaick | President | |||||
Stockholders Equity [Line Items] | ' | ' | ' | ' | ' | ' |
Common stock, shares authorized | 500,000,000 | 5,000,000,000 | 5,000,000,000 | 5,000,000,000 | ' | ' |
Stock split ratio | '5,000:1 | ' | ' | ' | ' | ' |
Number of shares issued | ' | ' | ' | ' | 50,000 | 2,000,000 |
Shares issued for services (in dollars per share) | ' | ' | ' | ' | $0.01 | $0.01 |
Common stock, shares issued | ' | 125,488,400 | 123,438,400 | ' | ' | ' |
Common stock, shares outstanding | ' | 125,488,400 | 123,438,400 | ' | ' | ' |
INCOME_TAX_Detail_Textuals
INCOME TAX (Detail Textuals) (USD $) | 6 Months Ended |
Jun. 30, 2014 | |
Income Tax Disclosure [Abstract] | ' |
Net income before income taxes | $844,530 |
Accrued estimated tax liability | $212,800 |
PROPERTY_AND_EQUIPMENT_Details
PROPERTY AND EQUIPMENT (Details) (USD $) | Jun. 30, 2014 | Dec. 31, 2013 |
Property, Plant and Equipment [Abstract] | ' | ' |
Property and Equipment | $2,020 | $2,020 |
Less Accumulated Depreciation | -2,020 | -2,020 |
Property and Equipment, Net | ' | ' |
PROPERTY_AND_EQUIPMENT_Detail_
PROPERTY AND EQUIPMENT (Detail Textuals) (USD $) | 6 Months Ended | |
Jun. 30, 2014 | Jun. 30, 2013 | |
Property, Plant and Equipment [Abstract] | ' | ' |
Depreciation expense | $0 | $0 |