ChinAmerica Andy Movie Entertainment Media (CAME) 10-Q/A 24 Nov 15 2015 Q3 Quarterly report (amended) Financial data

Document and Entity Information

Document and Entity Information - shares	9 Months Ended
	Sep. 30, 2015	Nov. 23, 2015
Document and Entity Information [Abstract]
Entity Registrant Name	ChinAmerica Andy Movie Entertainment Media Co.
Entity Central Index Key	1,543,605
Trading Symbol	came
Current Fiscal Year End Date	--12-31
Entity Filer Category	Smaller Reporting Company
Entity Common Stock, Shares Outstanding		125,628,400
Document Type	10-Q/A
Document Period End Date	Sep. 30, 2015
Amendment Flag	false
Document Fiscal Year Focus	2,015
Document Fiscal Period Focus	Q3

BALANCE SHEETS

BALANCE SHEETS - USD ($)		Sep. 30, 2015	Dec. 31, 2014
Current assets
Cash and cash equivalents		$ 765,646	$ 167,717	[1]
Escrow funds held by related party		429,702	837,296	[1]
Prepaid expenses		11,652	1,784	[1]
Loan to shareholder	[1]		325,600
Total current assets		1,207,000	1,332,397	[1]
Total Assets		1,207,000	1,332,397	[1]
Current liabilities
Accrued payroll liabilities		58,169
Accrued expenses (other)	[1]		2,667
Accrued income tax		80,072	223,524	[1]
Deferred revenue		483,980	483,980	[1]
Shareholder loan		180,000
Total current liabilities		802,221	710,171	[1]
Total Liabilities		802,221	710,171	[1]
Stockholders' equity
Common Stock, $.01 par value, 5,000,000,000 shares authorized; 125,628,400 and 125,628,400 shares issued and outstanding at September 30, 2015 and December 31, 2014, respectively.		1,256,284	1,256,284	[1]
Additional paid-in capital		(924,900)	(924,900)	[1]
Accumulated other comprehensive income		(30,979)	(15,919)	[1]
Retained Earnings		104,374	306,761	[1]
Total stockholders' equity		404,779	622,226	[1]
Total liabilities and stockholders' equity		$ 1,207,000	$ 1,332,397	[1]
[1]	Restated

BALANCE SHEETS (Parentheticals)

BALANCE SHEETS (Parentheticals) - $ / shares	Sep. 30, 2015	[1]	Dec. 31, 2014
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	125,628,400		125,628,400
Common stock, shares outstanding	125,628,400		125,628,400
[1]	Restated

STATEMENTS OF OPERATIONS AND CO

STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (Unaudited) - USD ($)		3 Months Ended			9 Months Ended
		Sep. 30, 2015	Sep. 30, 2014	[1]	Sep. 30, 2015	Sep. 30, 2014
Income Statement [Abstract]
Revenue	[1]					$ 822,500
Expenses
General and Administrative - Related Party		$ 61,440	$ 51,365		$ 127,820	156,048	[1]
General and Administrative - Officer Salary					101,260
General and Administrative		13,882	11,309		97,628	46,393	[1]
Total Operating Expenses		75,322	62,674		326,708	202,441	[1]
Operating (Loss) Income		(75,322)	(62,674)		(326,708)	620,059	[1]
Other Income
Interest Income		390	1,664		3,921	2,631	[1]
Total Other Income		390	1,664		3,921	2,631	[1]
Net Income (Loss) Before Income Taxes		(74,932)	(61,010)		(322,787)	622,690	[1]
Provision For / (Benefit From) Income Taxes		(27,950)	(22,757)		(120,400)	232,263	[1]
Net Income		(46,982)	(38,253)		(202,387)	390,427	[1]
Foreign Currency Translation		10,807	9,726		(15,060)	(5,328)	[1]
Net Comprehensive Income (Loss)		$ (36,175)	$ (28,527)		$ (217,447)	$ 385,099	[1]
Earnings (Loss) Per Share - Basic and Dilutive (in dollars per share)		$ 0	$ 0		$ 0	$ 0	[1]
Weighted Average Shares (in shares)		125,628,400	125,513,617		125,628,400	125,136,825	[1]
[1]	Restated

STATEMENTS OF CASH FLOWS (Unaud

STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)		9 Months Ended
		Sep. 30, 2015	Sep. 30, 2014
Cash Flows From Operating Activities
Net Income (Loss)		$ (202,387)	$ 390,427	[1]
Changes In Operating Assets and Liabilities:
Deferred Revenue	[1]		483,980
Funds Held In Escrow By Related Party		407,594	(1,173,133)	[1]
Accrued payroll		58,169
Accounts Payable and Accrued Expenses		(2,667)	7,292	[1]
Accrued Income Tax		(143,452)	232,263	[1]
Prepaid Expenses		(9,868)	(277)	[1]
Total Adjustments		309,776	(449,875)	[1]
Net Cash (Used In) Provided By Operating Activities		107,389	(59,448)	[1]
Cash Flows From Investing Activities
Collection On Shareholder Loan		325,600
Net Cash (Used In) Provided By Investing Activities		325,600
Cash Flows From Financing Activities
(Repayments To) Advances From Related Parties		180,000	(24,616)	[1]
Net Cash (Used In) Provided By Financing Activities		180,000	(24,616)	[1]
Foreign Currency Gain (Loss)		(15,060)	(5,328)	[1]
Net Increase (Decrease) In Cash		597,929	(89,392)	[1]
Cash At Beginning Of Year	[1]	167,717	286,383
Cash At End Of Period		765,646	196,991	[1]
Supplemental Disclosures Of Cash Flow Information:
Income Taxes Paid		$ 23,052
Non-Cash Investing and Financing Activities
Issuance Of Common Stock For Converted Debt	[1]		$ 20,500
[1]	Restated

NATURE OF BUSINESS

NATURE OF BUSINESS	9 Months Ended
	Sep. 30, 2015
Organization, Consolidation and Presentation of Financial Statements [Abstract]
NATURE OF BUSINESS	NOTE 1. NATURE OF BUSINESS Organization. ChinAmerica Andy Movie Entertainment Media Co.(“CAME” or the “Company”) was incorporated under the laws of the State of Florida on September 26, 2002. The Company’s headquarters are located in Clearwater, Florida.

SUMMARY OF SIGNIFICANT ACCOUNTI

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	9 Months Ended
	Sep. 30, 2015
Accounting Policies [Abstract]
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	NOTE 2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Basis of Presentation and Use of 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 financial statements and footnotes thereto included in the Company's Annual Report on Form 10-K for the year ended December 31, 2014 filed with the Securities and Exchange Commission on April 1, 2015. Cash and Cash Equivalents. Foreign Currency Translation. Revenue Recognition. Share-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 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 quarter ended September30, 2015. Income Taxes. In assessing the realizability of deferred tax assets, management considers whether it is more likely than not that some portion or all of the 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. Earnings per Share. Diluted income per share includes the dilutive effects of stock options, warrants, and stock equivalents. To the extent stock options, stock equivalents and warrants are anti-dilutive; they are excluded from the calculation of diluted income per share. Recent Accounting Pronouncements.

GOING CONCERN

GOING CONCERN	9 Months Ended
	Sep. 30, 2015
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. As of September 30, 2015, total assets exceeded total liabilities by $404,779. Total assets decreased from $1,332,397 at December 31, 2014 to $1,207,000 at September 30, 2015, and total liabilities increased from $710,171 at December 31, 2014 to $802,221 at September 30, 2015. We had revenue of $0 and a net loss of ($202,387) for the nine month period ended September 30, 2015, as compared to revenue of $ 822,500 and a net income of $390,427 for the nine month period ended September 30, 2014. During the three month period ended September 30, 2015 the Company had revenue of $0 and a net loss of ($46,982), as compared to revenue of $0 and a net loss of ($38,253) for the three month period ended September 30, 2014. These factors raise substantial doubt about our ability to continue as a going concern for a reasonable period of time. 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	9 Months Ended
	Sep. 30, 2015
Related Party Transactions [Abstract]
RELATED PARTY TRANSACTIONS	NOTE 4. RELATED PARTY TRANSACTIONS On December 23, 2013, the Company and AF Ocean Shanghai entered into a management agreement for the collection and maintenance of all funds received in the People's Republic of China on behalf of the Company. All deposits received in China incur a management fee of ten percent (10%) due to AF Ocean Shanghai. During the nine month period ended September 30, 2015, no payments have been received for this management service. As of September 30, 2015, the current balance in AF Ocean Shanghai, account held on behalf of the Company is $429,702. Commencing on May 1, 2015, the Company renewed the management services agreement with AF Ocean Investment Management Company (“the Service Provider”) for an additional year. The Company shares the same Chief Executive Officer and controlling shareholder as the Service Provider. We pay the Service Provider $20,480 per month for access to and use of office space at a location leased by the Service Provider from a third party, legal services, management and accounting related services including, without limitation, preparing periodic and other reports required to be filed under the Securities Exchange Act of 1934, preparing financial reports, bookkeeping, managing their websites, handling previous employee matters, and related governmental filings, handling advertising matters, and processing payables. Services In February 2015, the loan advanced in December, 2014 was paid back in full in the amount of $325,600. On April 27, 2015, the $299,000 loan made to a related party on March 13, 2015 was paid back in full. On April 27, 2015, shareholder Andy Fan advanced the Company $180,000.

INCOME TAXES

INCOME TAXES	9 Months Ended
	Sep. 30, 2015
Income Tax Disclosure [Abstract]
INCOME TAXES	NOTE 5. INCOME TAXES The Company’s tax expense differs from the “expected” tax expense for Federal income tax purposes (computed by applying the United States Federal tax rate of 34% and State tax rate of 5.5% to income before taxes). The tax effects of the temporary differences between reportable financial statement income and taxable income are recognized as deferred tax assets and liabilities. In assessing the realizability of deferred tax assets, management considers whether it is more likely than not that some portion or all of the 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. We had a net loss before income taxes of ($322,787) for the nine month period ended September 30, 2015. We have an estimated tax benefit of $120,400 at an effective tax rate of 37.3%. All net operating carry forwards have been utilized. During the six month period ended June 30, 2015 there was an adjustment to 2014 income tax expense of $47,999 recorded. This was removed in the nine month period ended September 30, 2015 due to the change in net income from $649,941 to 390,427 for the nine month period ended September 30, 2014. The change in net loss was directly related to the modification to the contract dated January 3, 2014 between the Company and Zhong Mei An Di Yin Shi Wen Hua Chuan Mei Ltd., Co that happened on August 17, 2015. Nine Month Period Ended September 30, (Unaudited) 2015 2014 (Restated) Tax Expense (Benefit) At The Statutory Rate $ (120,400 ) $ 232,263 Total $ ( ) $ 232,263

STOCKHOLDERS' EQUITY

STOCKHOLDERS' EQUITY	9 Months Ended
	Sep. 30, 2015
Equity [Abstract]
STOCKHOLDERS' EQUITY	NOTE 6. STOCKHOLDERS’ EQUITY Common Stock The total authorized capital stock of the corporation is five billion 5,000,000,000 shares. The Company is authorized to issue five billion (5,000,000,000) shares of common stock, and one class of preferred blank check to be issued solely at the discretion of the Board. No shares of capital stock have been designated as preferred stock. As of September 30, 2015 the Company had 125,628,400 shares of common stock issued and outstanding. No shares were issued during the three month period ended September 30, 2015. The Company has no options or warrants issued or outstanding.

CORRECTION AND RESTATEMENT OF Q

CORRECTION AND RESTATEMENT OF QUARTER ENDING SEPTEMBER 2014 FINANCIALS	9 Months Ended
	Sep. 30, 2015
Accounting Changes and Error Corrections [Abstract]
CORRECTION AND RESTATEMENT OF QUARTER ENDING SEPTEMBER 2014 FINANCIALS	NOTE 7. CORRECTION AND RESTATEMENT OF QUARTER ENDING SEPTEMBER 2014 FINANCIALS The Company’s consulting revenue for the nine month period ended September 30, 2014 decreased from $1,306,480 to $822,500, due to the consulting contract between the Company and Zhong Mei An Di Yin Shi Wen Hua Chuan Mei Ltd., Co dated January 3, 2014 being amended on August 17, 2015. The remaining $483,980 of the 1,306,480 will be held as an advance deposit for consulting work in 2016. The following tables break down the net effect of this change to the financials. Statement of Operations and Comprehensive Income Restated Financials Nine Month Period Ended September 30, 2014 Restated As Originally Filed Restated Net Effect Consulting revenue $ 1,306,480 $ 822,500 $ (483,980 ) General and administrative expense 111,721 46,393 (65,328 ) Total operating expenses 267,769 202,441 (65,328 ) profit (loss) from operations 1,038,711 620,059 (418,652 ) Other income 2,630 2,631 1 Profit (loss) income before tax 1,041,341 622,690 (418,651 ) Income tax expense (391,400 ) 232,263 159,137 Net income (loss) $ 649,941 $ 390,427 $ (259,514 ) Statement of Operations and Comprehensive Income Restated Financials Three Month Period Ended September 30, 2014 Restated As Originally Filed Restated Net Effect Consulting revenue $ 323,150 $ - $ 323,150 General and administrative expense 61,583 11,309 (50,274 ) Total operating expenses 112,948 62,674 (50,274 ) profit (loss) from operations 210,202 (62,674 ) (272,876 ) Profit (loss) income before tax 211,866 (61,010 ) (150,856 ) Income tax expense 178,600 (22,757 ) (155,843 ) Net income (loss) $ 33,266 $ (38,253 ) $ (71,519 ) Balance Sheet Restatement December 31, 2014 Restated As Originally Filed Restated Net Effect Accrued Income Tax $ 339,438 $ 223,524 $ (115,914 ) Total Current Liabilities 342,105 710,171 368,066 Total Liabilities 342,105 710,171 368,066 Retained Earnings 674,827 306,761 (368,066 ) Total Stockholder’s Equity 990,292 622,226 (368,066 )

RECLASSIFICATION

RECLASSIFICATION	9 Months Ended
	Sep. 30, 2015
Reclassification [Abstract]
RECLASSIFICATION	NOTE 8. RECLASSIFICATION Certain items have been reclassified during the nine month period ended September 30, 2014 for presentation purposes.

COMMITMENTS AND CONTINGENCIES

COMMITMENTS AND CONTINGENCIES	9 Months Ended
	Sep. 30, 2015
Commitments and Contingencies Disclosure [Abstract]
COMMITMENTS AND CONTINGENCIES	NOTE 9. COMMITMENTS AND CONTINGENCIES Related Party On December 23, 2013, the Company entered into a management agreement with AF Ocean Shanghai for the collection and maintenance of all funds received in the People's Republic of China on behalf of the Company. All deposits received in China incur a management fee of ten percent (10%) due and payable to AF Ocean Shanghai. As of September 30, 2015, the current balance in AF Ocean Shanghai’s account held on behalf of the Company is $429,702. On April 27, 2015, the related party loan in the amount of $299,000 was repaid in its entirety. Commencing May 1, 2015, the Company renewed the management services agreement with the Service Provider to provide management services to the Company for an additional year. The Company pays the Service Provider $20,480 per month. The amounts and terms of the above transaction may not necessarily be indicative of the amounts and terms that would have been incurred had comparable transactions been entered into with independent third parties. Legal Matters From time to time the Company may become 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. Leases and Facility The office space is rented from the Service Provider, and the Company pays a monthly management fee to them for services provided which includes the Company’s rent.

SUBSEQUENT EVENTS

SUBSEQUENT EVENTS	9 Months Ended
	Sep. 30, 2015
Subsequent Events [Abstract]
SUBSEQUENT EVENTS	NOTE 10. SUBSEQUENT EVENTS Management has evaluated subsequent events through November 18, 2015, the date the financial statements were available to be issued. Management is not aware of any other 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 ACCOUN16

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	9 Months Ended
	Sep. 30, 2015
Accounting Policies [Abstract]
Basis of Presentation and Use of Estimates	Basis of Presentation and Use of 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 financial statements and footnotes thereto included in the Company's Annual Report on Form 10-K for the year ended December 31, 2014 filed with the Securities and Exchange Commission on April 1, 2015.
Cash and Cash Equivalents	Cash and Cash Equivalents.
Foreign Currency Translation	Foreign Currency Translation.
Revenue Recognition	Revenue Recognition.
Share-based Compensation	Share-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 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 quarter ended September30, 2015.
Income Taxes	Income Taxes. In assessing the realizability of deferred tax assets, management considers whether it is more likely than not that some portion or all of the 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.
Earnings per Share	Earnings per Share. Diluted income per share includes the dilutive effects of stock options, warrants, and stock equivalents. To the extent stock options, stock equivalents and warrants are anti-dilutive; they are excluded from the calculation of diluted income per share.
Recent Accounting Pronouncements	Recent Accounting Pronouncements.

INCOME TAXES (Tables)

INCOME TAXES (Tables)	9 Months Ended
	Sep. 30, 2015
Income Tax Disclosure [Abstract]
Schedule of tax expense (benefit) at statutory rate	Nine Month Period Ended September 30, (Unaudited) 2015 2014 (Restated) Tax Expense (Benefit) At The Statutory Rate $ (120,400 ) $ 232,263 Total $ ( ) $ 232,263

CORRECTION AND RESTATEMENT OF18

CORRECTION AND RESTATEMENT OF QUARTER ENDING SEPTEMBER 2014 FINANCIALS (Tables)	9 Months Ended
	Sep. 30, 2015
Accounting Changes and Error Corrections [Abstract]
Schedule of break down the net effect of change to financials	Statement of Operations and Comprehensive Income Restated Financials Nine Month Period Ended September 30, 2014 Restated As Originally Filed Restated Net Effect Consulting revenue $ 1,306,480 $ 822,500 $ (483,980 ) General and administrative expense 111,721 46,393 (65,328 ) Total operating expenses 267,769 202,441 (65,328 ) profit (loss) from operations 1,038,711 620,059 (418,652 ) Other income 2,630 2,631 1 Profit (loss) income before tax 1,041,341 622,690 (418,651 ) Income tax expense (391,400 ) 232,263 159,137 Net income (loss) $ 649,941 $ 390,427 $ (259,514 ) Statement of Operations and Comprehensive Income Restated Financials Three Month Period Ended September 30, 2014 Restated As Originally Filed Restated Net Effect Consulting revenue $ 323,150 $ - $ 323,150 General and administrative expense 61,583 11,309 (50,274 ) Total operating expenses 112,948 62,674 (50,274 ) profit (loss) from operations 210,202 (62,674 ) (272,876 ) Profit (loss) income before tax 211,866 (61,010 ) (150,856 ) Income tax expense 178,600 (22,757 ) (155,843 ) Net income (loss) $ 33,266 $ (38,253 ) $ (71,519 ) Balance Sheet Restatement December 31, 2014 Restated As Originally Filed Restated Net Effect Accrued Income Tax $ 339,438 $ 223,524 $ (115,914 ) Total Current Liabilities 342,105 710,171 368,066 Total Liabilities 342,105 710,171 368,066 Retained Earnings 674,827 306,761 (368,066 ) Total Stockholder’s Equity 990,292 622,226 (368,066 )

SUMMARY OF SIGNIFICANT ACCOUN19

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Detail Textuals) - USD ($)	3 Months Ended			9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	[1]	Sep. 30, 2015	Sep. 30, 2014	[1]
Accounting Policies [Abstract]
Foreign currency translation loss	$ (10,807)	$ (9,726)		$ 15,060	$ 5,328
Description of relative value from CNY To USD				from .1612 on July 1, 2015 to .1573
[1]	Restated

GOING CONCERN (Detail Textuals)

GOING CONCERN (Detail Textuals) - USD ($)		3 Months Ended			9 Months Ended
		Sep. 30, 2015	Sep. 30, 2014	[1]	Sep. 30, 2015	Sep. 30, 2014		Dec. 31, 2014	[1]
Going Concern [Abstract]
Working capital surplus		$ 404,779			$ 404,779
Total assets		1,207,000			1,207,000			$ 1,332,397
Total liabilities		802,221			802,221			$ 710,171
Revenue	[1]					$ 822,500
Net gain (loss)		$ (46,982)	$ (38,253)		$ (202,387)	$ 390,427	[1]
[1]	Restated

RELATED PARTY TRANSACTIONS (Det

RELATED PARTY TRANSACTIONS (Detail Textuals) - USD ($)	1 Months Ended			9 Months Ended
	Apr. 27, 2015	Feb. 28, 2015	Dec. 23, 2013	Sep. 30, 2015	Sep. 30, 2014	[1]	Dec. 31, 2014	[1]
Related Party Transaction [Line Items]
Current balance in AF Ocean Shanghai's account held on behalf of Company				$ 429,702			$ 837,296
Repayment of loan to shareholder		$ 325,600		180,000	$ (24,616)
Repayment of related party loan	$ 299,000
AF Ocean Investment Management Company (Shanghai Ltd.) | Management Service Agreement
Related Party Transaction [Line Items]
Management fee receivable percentage			10.00%
Management and accounting related services per month				$ 20,480
Andy Fan
Related Party Transaction [Line Items]
Advance received	$ 180,000
[1]	Restated

INCOME TAXES (Details)

INCOME TAXES (Details) - USD ($)	3 Months Ended			9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	[1]	Sep. 30, 2015	Sep. 30, 2014	[1]
Income Tax Disclosure [Abstract]
Tax Expense (Benefit) At The Statutory Rate				$ (120,400)	$ 232,263
Total	$ (27,950)	$ (22,757)		$ (120,400)	$ 232,263
[1]	Restated

INCOME TAXES (Detail Textuals)

INCOME TAXES (Detail Textuals) - USD ($)	3 Months Ended			6 Months Ended	9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014		Jun. 30, 2015	Sep. 30, 2015	Sep. 30, 2014		Dec. 31, 2014
Income Tax [Line Items]
United States Federal tax rate					34.00%
State tax rate					5.50%
Net loss before income taxes	$ (74,932)	$ (61,010)	[1]		$ (322,787)	$ 622,690	[1]
Estimated tax liability	80,072				$ 80,072			$ 223,524	[1]
Effective tax rate					37.30%
Adjustment to 2014 income tax expense				$ 47,999
Net Income (Loss)	$ (46,982)	(38,253)	[1]		$ (202,387)	390,427	[1]
Previously reported
Income Tax [Line Items]
Net loss before income taxes		211,866				1,041,341
Estimated tax liability								$ 339,438
Net Income (Loss)		$ 33,266				$ 649,941
[1]	Restated

STOCKHOLDERS' EQUITY (Detail Te

STOCKHOLDERS' EQUITY (Detail Textuals) - shares	Sep. 30, 2015	[1]	Dec. 31, 2014
Equity [Abstract]
Common stock, shares authorized	5,000,000,000		5,000,000,000
Common stock, shares issued	125,628,400		125,628,400
Common stock, shares outstanding	125,628,400		125,628,400
[1]	Restated

CORRECTION AND RESTATEMENT OF25

CORRECTION AND RESTATEMENT OF QUARTER ENDING SEPTEMBER 2014 FINANCIALS (Details) - USD ($)		3 Months Ended			9 Months Ended
		Sep. 30, 2015	Sep. 30, 2014		Sep. 30, 2015	Sep. 30, 2014
Consulting revenue	[1]					$ 822,500
General and administrative expense		$ 13,882	$ 11,309	[1]	$ 97,628	46,393	[1]
Total operating expenses		75,322	62,674	[1]	326,708	202,441	[1]
Profit (loss) from operations		(75,322)	(62,674)	[1]	(326,708)	620,059	[1]
Other income		390	1,664	[1]	3,921	2,631	[1]
Profit (loss) income before tax		(74,932)	(61,010)	[1]	(322,787)	622,690	[1]
Income tax expense		(27,950)	(22,757)	[1]	(120,400)	232,263	[1]
Net gain (loss)		$ (46,982)	(38,253)	[1]	$ (202,387)	390,427	[1]
As Originally Filed
Consulting revenue			323,150			1,306,480
General and administrative expense			61,583			111,721
Total operating expenses			112,948			267,769
Profit (loss) from operations			210,202			1,038,711
Other income						2,630
Profit (loss) income before tax			211,866			1,041,341
Income tax expense			178,600			(391,400)
Net gain (loss)			33,266			649,941
Net Effect
Consulting revenue			323,150			(483,980)
General and administrative expense			(50,274)			(65,328)
Total operating expenses			(50,274)			(65,328)
Profit (loss) from operations			(272,876)			(418,652)
Other income						1
Profit (loss) income before tax			(150,856)			(418,651)
Income tax expense			(155,843)			159,137
Net gain (loss)			$ (71,519)			$ (259,514)
[1]	Restated

CORRECTION AND RESTATEMENT OF26

CORRECTION AND RESTATEMENT OF QUARTER ENDING SEPTEMBER 2014 FINANCIALS (Details 1) - USD ($)	Sep. 30, 2015	Dec. 31, 2014
Accrued income tax	$ 80,072	$ 223,524	[1]
Total Liabilities	802,221	710,171	[1]
Total current liabilities	802,221	710,171	[1]
Retained Earnings	104,374	306,761	[1]
Total current liabilities	$ 404,779	622,226	[1]
As Originally Filed
Accrued income tax		339,438
Total Liabilities		342,105
Total current liabilities		342,105
Retained Earnings		674,827
Total current liabilities		990,292
Net Effect
Accrued income tax		(115,914)
Total Liabilities		368,066
Total current liabilities		368,066
Retained Earnings		(368,066)
Total current liabilities		$ (368,066)
[1]	Restated

CORRECTION AND RESTATEMENT OF27

CORRECTION AND RESTATEMENT OF QUARTER ENDING SEPTEMBER 2014 FINANCIALS (Detail Textuals) - USD ($)		3 Months Ended	9 Months Ended
		Sep. 30, 2014	Sep. 30, 2014	Sep. 30, 2015	Dec. 31, 2014	[1]
Consulting revenue	[1]		$ 822,500
Advance deposit				$ 483,980	$ 483,980
Previously reported
Consulting revenue		$ 323,150	$ 1,306,480
[1]	Restated

COMMITMENTS AND CONTINGENCIES (

COMMITMENTS AND CONTINGENCIES (Detail Textuals) - USD ($)	1 Months Ended		9 Months Ended
	Apr. 27, 2015	Dec. 23, 2013	Sep. 30, 2015	Dec. 31, 2014	[1]
Commitments And Contingencies [Line Items]
Current balance in AF Ocean Shanghai's account held on behalf of Company			$ 429,702	$ 837,296
Repayment of related party loan	$ 299,000
AF Ocean Investment Management Company (Shanghai Ltd.) | Management Service Agreement
Commitments And Contingencies [Line Items]
Management fee receivable percentage		10.00%
Management and accounting related services per month			$ 20,480
[1]	Restated