Document_And_Entity_Informatio
Document And Entity Information (USD $) | 12 Months Ended | ||
Dec. 31, 2014 | Mar. 27, 2015 | Jun. 30, 2014 | |
Document Information [Line Items] | |||
Document Type | 10-K | ||
Amendment Flag | FALSE | ||
Document Period End Date | 31-Dec-14 | ||
Document Fiscal Year Focus | 2014 | ||
Document Fiscal Period Focus | FY | ||
Entity Registrant Name | Mullan Agritech, Inc. | ||
Entity Central Index Key | 1581223 | ||
Current Fiscal Year End Date | -19 | ||
Entity Well-known Seasoned Issuer | No | ||
Entity Voluntary Filers | No | ||
Entity Current Reporting Status | Yes | ||
Entity Filer Category | Smaller Reporting Company | ||
Entity Public Float | $0 | ||
Trading Symbol | CK0001581223 | ||
Entity Common Stock, Shares Outstanding | 200,000 |
CONSOLIDATED_BALANCE_SHEETS
CONSOLIDATED BALANCE SHEETS (USD $) | Dec. 31, 2014 | Dec. 31, 2013 |
Current Assets: | ||
Cash | $0 | $607 |
Total Assets | 0 | 607 |
Current Liabilities: | ||
Accounts payable | 0 | 5,000 |
Loan payable - related party | 46,836 | 18,531 |
Total Liabilities | 46,836 | 23,531 |
Stockholders' Deficiency: | ||
Common stock ($0.001 par value, 80,000,000 shares authorized, 200,000 shares issued and outstanding on December 31, 2014 and 2013, respectively) | 200 | 200 |
Deficit accumulated during the development stage | -47,040 | -23,128 |
Accumulated other comprehensive income | 4 | 4 |
Total Stockholders' Deficiency | -46,836 | -22,924 |
Total Liabilities and Stockholders' Deficiency | $0 | $607 |
CONSOLIDATED_BALANCE_SHEETS_Pa
CONSOLIDATED BALANCE SHEETS (Parenthetical) (USD $) | Dec. 31, 2014 | Dec. 31, 2013 |
Common stock, Par value | $0.00 | $0.00 |
Common stock, shares authorized | 80,000,000 | 80,000,000 |
Common stock, shares issued | 200,000 | 200,000 |
Common stock, shares outstanding | 200,000 | 200,000 |
CONSOLIDATED_STATEMENTS_OF_OPE
CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (USD $) | 12 Months Ended | 47 Months Ended | |
Dec. 31, 2014 | Dec. 31, 2013 | Dec. 31, 2014 | |
Operating expenses | |||
General and administrative | $23,912 | $19,319 | $47,040 |
Total operating expenses | 23,912 | 19,319 | 47,040 |
Loss from operations before income taxes | -23,912 | -19,319 | -47,040 |
Provision for income taxes | 0 | 0 | 0 |
Net loss | -23,912 | -19,319 | -47,040 |
Comprehensive income: | |||
Net loss | -23,912 | -19,319 | -47,040 |
Unrealized foreign currency translation adjustment | 0 | 0 | 4 |
Comprehensive loss | ($23,912) | ($19,319) | ($47,036) |
Basic and diluted weighted average shares | 200,000 | 200,000 | |
Basic and diluted loss per share | ($0.12) | ($0.10) |
CONSOLIDATED_STATEMENTS_OF_CHA
CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY (USD $) | Total | Common Stock [Member] | Accumulated Deficit during Development Stage [Member] | Accumulated Other Comprehensive Income (Loss) [Member] |
Beginning balance at Jan. 30, 2011 | ||||
Beginning balance (in shares) at Jan. 30, 2011 | ||||
Common stock issued for services to founder ($0.001/share) | 200 | 200 | 0 | 0 |
Common stock issued for services to founder ($0.001/share) (in shares) | 200,000 | |||
Net loss | -1,880 | 0 | -1,880 | 0 |
Unrealized foreign currency translation adjustment | 3 | 0 | 0 | 3 |
Ending balance at Dec. 31, 2011 | -1,677 | 200 | -1,880 | 3 |
Ending balance (in shares) at Dec. 31, 2011 | 200,000 | |||
Net loss | -1,929 | 0 | -1,929 | 0 |
Unrealized foreign currency translation adjustment | 1 | 0 | 0 | 1 |
Ending balance at Dec. 31, 2012 | -3,605 | 200 | -3,809 | 4 |
Ending balance (in shares) at Dec. 31, 2012 | 200,000 | |||
Net loss | -19,319 | 0 | -19,319 | 0 |
Ending balance at Dec. 31, 2013 | -22,924 | 200 | -23,128 | 4 |
Ending balance (in shares) at Dec. 31, 2013 | 200,000 | |||
Net loss | -23,912 | 0 | -23,912 | 0 |
Ending balance at Dec. 31, 2014 | ($46,836) | $200 | ($47,040) | $4 |
Ending balance (in shares) at Dec. 31, 2014 | 200,000 |
CONSOLIDATED_STATEMENTS_OF_CHA1
CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS’ DEFICIENCY (Parenthetical) (USD $) | Dec. 31, 2011 |
Sale of Stock, Price Per Share | $0.00 |
CONSOLIDATED_STATEMENTS_OF_CAS
CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $) | 12 Months Ended | 47 Months Ended | |
Dec. 31, 2014 | Dec. 31, 2013 | Dec. 31, 2014 | |
CASH FLOWS FROM OPERATING ACTIVITIES | |||
Net loss | ($23,912) | ($19,319) | ($47,040) |
Changes in operating assets and liabilities: | |||
Accounts payable | -5,000 | 5,000 | 0 |
Net cash used in operating activities | -28,912 | -14,319 | -47,040 |
CASH FLOWS FROM FINANCING ACTIVITIES | |||
Contribution of capital by principal stockholder | 0 | 0 | 200 |
Proceeds from loan payable - related party | 28,305 | 14,247 | 46,836 |
Net cash provided by financing activities | 28,305 | 14,247 | 47,036 |
EFFECT OF EXCHANGE RATE CHANGES ON CASH | 0 | 0 | 4 |
NET DECREASE IN CASH | -607 | -72 | 0 |
CASH, BEGINNING OF YEAR | 607 | 679 | 0 |
CASH, END OF YEAR | 0 | 607 | 0 |
SUPPLEMENTAL DISCLOSURES: | |||
Interest expense paid | 0 | 0 | 0 |
Income tax paid | $0 | $0 | $0 |
ORGANIZATION_BUSINESS_AND_OPER
ORGANIZATION, BUSINESS AND OPERATIONS | 12 Months Ended |
Dec. 31, 2014 | |
Organization, Consolidation and Presentation of Financial Statements [Abstract] | |
Nature of Operations [Text Block] | NOTE 1—ORGANIZATION, BUSINESS AND OPERATIONS |
The consolidated financial statements include the financial statements of Mullan Agritech, Inc. (f/k/a China ThermaTech, Inc.) (a development stage company) (the “Mullan”) and its subsidiary. Mullan and its consolidated subsidiary are collectively referred to herein as the “Company”, “we” and “us”. | |
On August 9, 2013, the Company changed its name from China ThermaTech, Inc. to Mullan Agritech, Inc. | |
Mullan was incorporated in the British Virgin Island on January 31, 2011 as a limited liability company (a BVI company). It’s wholly owned subsidiary, Advanced Environmental Products Limited (“Advanced Environment”) was incorporated in Hong Kong on March 31, 2011 as a limited liability company. | |
The Company was formed to engage in any lawful corporate undertaking, including, but not limited to, selected mergers and acquisitions. It has been in the developmental stage since inception and has no operations to date. It will attempt to locate and negotiate with a business entity for the combination of that target company with us. The combination will normally take the form of a merger, stock- for-stock exchange or stock-for-assets exchange. In most instances, the target company will wish to structure the business combination to be within the definition of a tax-free reorganization under Section 351 or Section 368 of the Internal Revenue Code of 1986, as amended. No assurances can be given that it will be successful in locating or negotiating with any target company. | |
Activities during the development stage include developing the business plan and raising capital. | |
DEVELOPMENT_STAGE_COMPANY
DEVELOPMENT STAGE COMPANY | 12 Months Ended |
Dec. 31, 2014 | |
Development Stage Enterprises [Abstract] | |
Development Stage Enterprise General Disclosures [Text Block] | NOTE 2—DEVELOPMENT STAGE COMPANY |
The Company has not generated significant revenues to date; accordingly, the Company is considered a development stage enterprise as defined in the Accounting Standards Codification (“ASC”) 915, "Development Stage Entities", issued by the Financial Accounting Standards Board (“FASB.”) The Company is subject to a number of risks similar to those of other companies in an early stage of development. | |
SUMMARY_OF_SIGNIFICANT_ACCOUNT
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES | 12 Months Ended | |||||||
Dec. 31, 2014 | ||||||||
Accounting Policies [Abstract] | ||||||||
Significant Accounting Policies [Text Block] | NOTE 3—SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES | |||||||
Basis of Presentation | ||||||||
Management acknowledges its responsibility for the preparation of the accompanying consolidated financial statements which reflect all adjustments, consisting of normal recurring adjustments, considered necessary in its opinion for a fair statement of its financial position and the results of its operations for the years presented. The accompanying financial statements are prepared in accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”). This basis differs from that used in the statutory accounts in Hong Kong, which are prepared in accordance with the accounting principles and relevant financial regulations applicable to enterprises in Hong Kong. All significant intercompany accounts and transactions have been eliminated in consolidation. | ||||||||
All necessary adjustments have been made to present the consolidated financial statements in accordance with U.S. GAAP. The Company’s functional currency is United States Dollars (“USD”). All significant inter-company transactions and balances have been eliminated. The financial statements include all adjustments that, in the opinion of management, are necessary to make the financial statements not misleading. | ||||||||
Use of Estimates | ||||||||
In preparing financial statements in conformity with generally accepted accounting principles, management is required to make estimates and assumptions that affect the reported amounts of assets and liabilities and the disclosure of contingent assets and liabilities at the date of the financial statements and revenues and expenses during the reported period. Actual results could differ from those estimates. | ||||||||
Foreign Currency Translation | ||||||||
The Company’s wholly owned subsidiary, Advanced Environment, is incorporated in Hong Kong. The financial position and results of operations of the subsidiary are determined using the local currency (“Hong Kong Dollar” or “HKD”) as the functional currency. | ||||||||
Translation from HKD into United States dollars (“USD” or “$”) for reporting purposes is performed by translating the results of operations denominated in foreign currency at the weighted average rates of exchange during the reporting periods. Assets and liabilities denominated in foreign currencies at the balance sheet dates are translated at the market rate of exchange in effect at that date. The registered equity capital denominated in the functional currency is translated at the historical rate of exchange at the time of capital contribution. All translation adjustments resulting from the translation of the financial statements into USD are reported as a component of accumulated other comprehensive income in shareholders’ equity. | ||||||||
December 31, | ||||||||
2014 | 2013 | |||||||
Exchange Rate at Period End | US$1=D 7.7574 | US$1=D 7.7544 | ||||||
Average Exchange rate for the Period | US$1=D 7.7544 | US$1=D 7.7564 | ||||||
For the years ended December 31, 2014 and 2013, foreign currency translation adjustments of $0, respectively, have been reported as comprehensive (loss) or income in the consolidated statements of operations and comprehensive income. | ||||||||
Cash | ||||||||
The Company considers all highly liquid temporary cash investments with an original maturity of three months or less to be cash equivalents. At December 31, 2014 and 2013, the Company had cash of $0 and $607, respectively. | ||||||||
Income Taxes | ||||||||
The Company accounts for income taxes under FASB Codification Topic 740-10-25 (“ASC 740-10-25”). Under ASC 740-10-25, deferred tax assets and liabilities are recognized for the future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. Under ASC 740-10-25, the effect on deferred tax assets and liabilities of a change in tax rates is recognized in income in the period that includes the enactment date. | ||||||||
For the Year Ended December 31, | ||||||||
2014 | 2013 | |||||||
Expected income tax recovery (expense) at the statutory rate of 34% | $ | -8,130 | $ | -6,568 | ||||
Tax effect of expenses that are not deductible for income tax purposes (net of other amounts deductible for tax purposes) | - | - | ||||||
Change in valuation allowance | 8,130 | 6,568 | ||||||
Provision for income taxes | $ | - | $ | - | ||||
The components of deferred income taxes are as follow: | ||||||||
For the Year Ended December 31, | ||||||||
2014 | 2013 | |||||||
Deferred income tax asset: | ||||||||
Net operating loss carry forwards | $ | 15,993 | $ | 7,863 | ||||
Valuation allowance | -15,993 | -7,863 | ||||||
Deferred income taxes | $ | - | $ | - | ||||
As of December 31, 2014, the Company has a net operating loss carryforward of $47,036 available to offset future taxable income through 2034. The increases in the valuation allowance at December 31, 2014 and 2013 were $8,130 and $6,568, respectively. | ||||||||
Basic and Diluted Loss per Share | ||||||||
The Company reports loss per share in accordance with FASB ASC 260 “Earnings per share”. The Company’s basic earnings per share are computed using the weighted average number of shares outstanding for the periods presented. Diluted earnings per share are computed based on the assumption that any dilutive options or warrants were converted or exercised. Dilution is computed by applying the treasury stock method. Under this method, the Company’s outstanding stock warrants are assumed to be exercised, and funds thus obtained were assumed to be used to purchase common stock at the average market price during the period. There were no dilutive instruments outstanding during the years ended December 31, 2014 and 2013. However, if present, a separate computation of diluted loss per share would not have been presented, as these common stock equivalents would have been anti-dilutive due to the Company's net loss. | ||||||||
Fair Value of Financial Instruments | ||||||||
Effective January 1, 2008, the Company adopted ASC 820, Fair Value Measurements and Disclosure (“ASC 820”) for assets and liabilities measured at fair value on a recurring basis. ASC 820 establishes a common definition for fair value to be applied to existing generally accepted accounting principles that require the use of fair value measurements, establishes a framework for measuring fair value and expands disclosure about such fair value measurements. The adoption of ASC 820 did not have an impact on the Company’s financial position or operating results, but did expand certain disclosures. | ||||||||
ASC 820 defines fair value as the price that would be received upon sale of an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. Additionally, ASC 820 requires the use of valuation techniques that maximize the use of observable inputs and minimize the use of unobservable inputs. These inputs are prioritized below: | ||||||||
Level 1: Observable inputs such as quoted market prices in active markets for identical assets or liabilities | ||||||||
Level 2: Observable market-based inputs or unobservable inputs that are corroborated by market data | ||||||||
Level 3: Unobservable inputs for which there is little or no market data, which require the use of the reporting entity’s own assumptions. | ||||||||
The Company did not identify any assets and liabilities that are required to be presented on the condensed consolidated balance sheets at fair value in accordance with the relevant accounting standards. | ||||||||
The carrying values of accounts payables and debts approximate their fair values due to the short maturities of these instruments. | ||||||||
Business Segments | ||||||||
The Company operates in one segment and therefore segment information is not presented. | ||||||||
LOAN_PAYABLE_RELATED_PARTY
LOAN PAYABLE - RELATED PARTY | 12 Months Ended |
Dec. 31, 2014 | |
Debt Disclosure [Abstract] | |
Debt Disclosure [Text Block] | NOTE 4—LOAN PAYABLE – RELATED PARTY |
As of December 31, 2014 and 2013, the Company had an outstanding loan payable of $46,836 and $18,531, respectively, to Mr. Lirong Wang, sole shareholder of the Company. This loan did not have interest burden and due on demand. | |
STOCKHOLDERS_DEFICIENCY
STOCKHOLDERS' DEFICIENCY | 12 Months Ended |
Dec. 31, 2014 | |
Equity [Abstract] | |
Stockholders Equity Note Disclosure [Text Block] | NOTE 5—STOCKHOLDERS’ DEFICIENCY |
Stock Issued for Services | |
On January 31, 2011, the Company issued 200,000 shares of common stock to its founders having a fair value of $200 ($0.001/share) for capital contribution. | |
On August 13, 2013, Mr. Hayden Zou, the Company’s prior sole shareholder sold all of his shares of the Company to Mr. Lirong Wang for a total of $200. Concurrent with the change in control, Mr. Haiping Ma resigned from the position of President of the Company and Mr. Hayden Zou resigned from the position of a direction of the Company. Mr. Lirong Wang was appointed as a director and President of the Company. | |
GOING_CONCERN
GOING CONCERN | 12 Months Ended |
Dec. 31, 2014 | |
Going Concern [Abstract] | |
Going Concern [Text Block] | NOTE 6—GOING CONCERN |
As reflected in the accompanying condensed unaudited financial statements, the Company is in the development stage with limited operations. The Company has a net loss of $47,040 from inception and a working capital deficit and stockholders’ deficiency of $46,836 at December 31, 2014 and used $47,040 cash in operations from inception. This raises substantial doubt about its ability to continue as a going concern. The ability of the Company to continue as a going concern is dependent on the Company’s ability to raise additional capital and implement its business plan. The financial statements do not include any adjustments that might be necessary if the Company is unable to continue as a going concern. Management intends to provide the Company with additional loans as needed and is seeking a merger target to implement its strategic plans. Management feels these actions provide the opportunity for the Company to continue as a going concern. | |
SUMMARY_OF_SIGNIFICANT_ACCOUNT1
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies) | 12 Months Ended | |||||||
Dec. 31, 2014 | ||||||||
Accounting Policies [Abstract] | ||||||||
Basis of Accounting, Policy [Policy Text Block] | Basis of Presentation | |||||||
Management acknowledges its responsibility for the preparation of the accompanying consolidated financial statements which reflect all adjustments, consisting of normal recurring adjustments, considered necessary in its opinion for a fair statement of its financial position and the results of its operations for the years presented. The accompanying financial statements are prepared in accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”). This basis differs from that used in the statutory accounts in Hong Kong, which are prepared in accordance with the accounting principles and relevant financial regulations applicable to enterprises in Hong Kong. All significant intercompany accounts and transactions have been eliminated in consolidation. | ||||||||
All necessary adjustments have been made to present the consolidated financial statements in accordance with U.S. GAAP. The Company’s functional currency is United States Dollars (“USD”). All significant inter-company transactions and balances have been eliminated. The financial statements include all adjustments that, in the opinion of management, are necessary to make the financial statements not misleading. | ||||||||
Use of Estimates, Policy [Policy Text Block] | Use of Estimates | |||||||
In preparing financial statements in conformity with generally accepted accounting principles, management is required to make estimates and assumptions that affect the reported amounts of assets and liabilities and the disclosure of contingent assets and liabilities at the date of the financial statements and revenues and expenses during the reported period. Actual results could differ from those estimates. | ||||||||
Foreign Currency Transactions and Translations Policy [Policy Text Block] | Foreign Currency Translation | |||||||
The Company’s wholly owned subsidiary, Advanced Environment, is incorporated in Hong Kong. The financial position and results of operations of the subsidiary are determined using the local currency (“Hong Kong Dollar” or “HKD”) as the functional currency. | ||||||||
Translation from HKD into United States dollars (“USD” or “$”) for reporting purposes is performed by translating the results of operations denominated in foreign currency at the weighted average rates of exchange during the reporting periods. Assets and liabilities denominated in foreign currencies at the balance sheet dates are translated at the market rate of exchange in effect at that date. The registered equity capital denominated in the functional currency is translated at the historical rate of exchange at the time of capital contribution. All translation adjustments resulting from the translation of the financial statements into USD are reported as a component of accumulated other comprehensive income in shareholders’ equity. | ||||||||
December 31, | ||||||||
2014 | 2013 | |||||||
Exchange Rate at Period End | US$1=D 7.7574 | US$1=D 7.7544 | ||||||
Average Exchange rate for the Period | US$1=D 7.7544 | US$1=D 7.7564 | ||||||
For the years ended December 31, 2014 and 2013, foreign currency translation adjustments of $0, respectively, have been reported as comprehensive (loss) or income in the consolidated statements of operations and comprehensive income. | ||||||||
Cash and Cash Equivalents, Policy [Policy Text Block] | Cash | |||||||
The Company considers all highly liquid temporary cash investments with an original maturity of three months or less to be cash equivalents. At December 31, 2014 and 2013, the Company had cash of $0 and $607, respectively. | ||||||||
Income Tax, Policy [Policy Text Block] | Income Taxes | |||||||
The Company accounts for income taxes under FASB Codification Topic 740-10-25 (“ASC 740-10-25”). Under ASC 740-10-25, deferred tax assets and liabilities are recognized for the future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. Under ASC 740-10-25, the effect on deferred tax assets and liabilities of a change in tax rates is recognized in income in the period that includes the enactment date. | ||||||||
For the Year Ended December 31, | ||||||||
2014 | 2013 | |||||||
Expected income tax recovery (expense) at the statutory rate of 34% | $ | -8,130 | $ | -6,568 | ||||
Tax effect of expenses that are not deductible for income tax purposes (net of other amounts deductible for tax purposes) | - | - | ||||||
Change in valuation allowance | 8,130 | 6,568 | ||||||
Provision for income taxes | $ | - | $ | - | ||||
The components of deferred income taxes are as follow: | ||||||||
For the Year Ended December 31, | ||||||||
2014 | 2013 | |||||||
Deferred income tax asset: | ||||||||
Net operating loss carry forwards | $ | 15,993 | $ | 7,863 | ||||
Valuation allowance | -15,993 | -7,863 | ||||||
Deferred income taxes | $ | - | $ | - | ||||
As of December 31, 2014, the Company has a net operating loss carryforward of $47,036 available to offset future taxable income through 2034. The increases in the valuation allowance at December 31, 2014 and 2013 were $8,130 and $6,568, respectively. | ||||||||
Earnings Per Share, Policy [Policy Text Block] | Basic and Diluted Loss per Share | |||||||
The Company reports loss per share in accordance with FASB ASC 260 “Earnings per share”. The Company’s basic earnings per share are computed using the weighted average number of shares outstanding for the periods presented. Diluted earnings per share are computed based on the assumption that any dilutive options or warrants were converted or exercised. Dilution is computed by applying the treasury stock method. Under this method, the Company’s outstanding stock warrants are assumed to be exercised, and funds thus obtained were assumed to be used to purchase common stock at the average market price during the period. There were no dilutive instruments outstanding during the years ended December 31, 2014 and 2013. However, if present, a separate computation of diluted loss per share would not have been presented, as these common stock equivalents would have been anti-dilutive due to the Company's net loss. | ||||||||
Fair Value Measurement, Policy [Policy Text Block] | Fair Value of Financial Instruments | |||||||
Effective January 1, 2008, the Company adopted ASC 820, Fair Value Measurements and Disclosure (“ASC 820”) for assets and liabilities measured at fair value on a recurring basis. ASC 820 establishes a common definition for fair value to be applied to existing generally accepted accounting principles that require the use of fair value measurements, establishes a framework for measuring fair value and expands disclosure about such fair value measurements. The adoption of ASC 820 did not have an impact on the Company’s financial position or operating results, but did expand certain disclosures. | ||||||||
ASC 820 defines fair value as the price that would be received upon sale of an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. Additionally, ASC 820 requires the use of valuation techniques that maximize the use of observable inputs and minimize the use of unobservable inputs. These inputs are prioritized below: | ||||||||
Level 1: Observable inputs such as quoted market prices in active markets for identical assets or liabilities | ||||||||
Level 2: Observable market-based inputs or unobservable inputs that are corroborated by market data | ||||||||
Level 3: Unobservable inputs for which there is little or no market data, which require the use of the reporting entity’s own assumptions. | ||||||||
The Company did not identify any assets and liabilities that are required to be presented on the condensed consolidated balance sheets at fair value in accordance with the relevant accounting standards. | ||||||||
The carrying values of accounts payables and debts approximate their fair values due to the short maturities of these instruments. | ||||||||
Segment Reporting, Policy [Policy Text Block] | Business Segments | |||||||
The Company operates in one segment and therefore segment information is not presented. | ||||||||
SUMMARY_OF_SIGNIFICANT_ACCOUNT2
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables) | 12 Months Ended | |||||||
Dec. 31, 2014 | ||||||||
Accounting Policies [Abstract] | ||||||||
Schedule Of Foreign Currency Exchange Rate Translation Adjustment [Table Text Block] | All translation adjustments resulting from the translation of the financial statements into USD are reported as a component of accumulated other comprehensive income in shareholders’ equity. | |||||||
December 31, | ||||||||
2014 | 2013 | |||||||
Exchange Rate at Period End | US$1=D 7.7574 | US$1=D 7.7544 | ||||||
Average Exchange rate for the Period | US$1=D 7.7544 | US$1=D 7.7564 | ||||||
Schedule of Components of Income Tax Expense (Benefit) [Table Text Block] | the effect on deferred tax assets and liabilities of a change in tax rates is recognized in income in the period that includes the enactment date. | |||||||
For the Year Ended December 31, | ||||||||
2014 | 2013 | |||||||
Expected income tax recovery (expense) at the statutory rate of 34% | $ | -8,130 | $ | -6,568 | ||||
Tax effect of expenses that are not deductible for income tax purposes (net of other amounts deductible for tax purposes) | - | - | ||||||
Change in valuation allowance | 8,130 | 6,568 | ||||||
Provision for income taxes | $ | - | $ | - | ||||
Schedule of Deferred Tax Assets and Liabilities [Table Text Block] | The components of deferred income taxes are as follow: | |||||||
For the Year Ended December 31, | ||||||||
2014 | 2013 | |||||||
Deferred income tax asset: | ||||||||
Net operating loss carry forwards | $ | 15,993 | $ | 7,863 | ||||
Valuation allowance | -15,993 | -7,863 | ||||||
Deferred income taxes | $ | - | $ | - | ||||
ORGANIZATION_BUSINESS_AND_OPER1
ORGANIZATION, BUSINESS AND OPERATIONS (Details Textual) | 12 Months Ended |
Dec. 31, 2014 | |
Mullan Agritech Inc [Member] | |
Collaborative Arrangements and Non-collaborative Arrangement Transactions [Line Items] | |
Entity Incorporation, State Country Name | British Virgin Island |
Entity Incorporation, Date of Incorporation | 31-Jan-11 |
Advanced Environmental Products Limited [Member] | |
Collaborative Arrangements and Non-collaborative Arrangement Transactions [Line Items] | |
Entity Incorporation, State Country Name | Hong Kong |
Entity Incorporation, Date of Incorporation | 31-Mar-11 |
SUMMARY_OF_SIGNIFICANT_ACCOUNT3
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details) | Dec. 31, 2014 | Dec. 31, 2013 |
Intercompany Foreign Currency Balance [Line Items] | ||
Exchange Rate at Period End | 7.7574 | 7.7544 |
Average Exchange rate for the Period | 7.7544 | 7.7564 |
SUMMARY_OF_SIGNIFICANT_ACCOUNT4
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details 1) (USD $) | 12 Months Ended | 47 Months Ended | |
Dec. 31, 2014 | Dec. 31, 2013 | Dec. 31, 2014 | |
Schedule of Effective Income Tax Rate Reconciliation [Line Items] | |||
Expected income tax recovery (expense) at the statutory rate of 34% | ($8,130) | ($6,568) | |
Tax effect of expenses that are not deductible for income tax purposes (net of other amounts deductible for tax purposes) | 0 | 0 | |
Change in valuation allowance | 8,130 | 6,568 | |
Provision for income taxes | $0 | $0 | $0 |
SUMMARY_OF_SIGNIFICANT_ACCOUNT5
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details 2) (USD $) | Dec. 31, 2014 | Dec. 31, 2013 |
Deferred income tax asset: | ||
Net operating loss carry forwards | $15,993 | $7,863 |
Valuation allowance | -15,993 | -7,863 |
Deferred income taxes | $0 | $0 |
SUMMARY_OF_SIGNIFICANT_ACCOUNT6
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details Textual) (USD $) | 12 Months Ended | 47 Months Ended | |||
Dec. 31, 2014 | Dec. 31, 2013 | Dec. 31, 2014 | Dec. 31, 2012 | Jan. 30, 2011 | |
Schedule Of Significant Accounting Policies [Line Items] | |||||
Other Comprehensive Income (Loss), Foreign Currency Translation Adjustment, Tax, Total | $0 | $0 | ($4) | ||
Cash | 0 | 607 | 0 | 679 | 0 |
Operating Loss Carryforwards | 47,036 | 47,036 | |||
Effective Income Tax Rate Reconciliation, Change in Deferred Tax Assets Valuation Allowance, Amount | $8,130 | $6,568 | |||
Operating Loss Carryforwards, Limitations on Use | available to offset future taxable income through 2034 | ||||
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent | 34.00% | 34.00% |
LOAN_PAYABLE_RELATED_PARTY_Det
LOAN PAYABLE - RELATED PARTY (Details Textual) (USD $) | Dec. 31, 2014 | Dec. 31, 2013 |
Debt Instrument, Redemption [Line Items] | ||
Short-term Non-bank Loans and Notes Payable | $46,836 | $18,531 |
Lirong Wang [Member] | ||
Debt Instrument, Redemption [Line Items] | ||
Short-term Non-bank Loans and Notes Payable | $46,836 | $18,531 |
STOCKHOLDERS_DEFICIENCY_Detail
STOCKHOLDERS' DEFICIENCY (Details Textual) (USD $) | 11 Months Ended | 1 Months Ended | |||
Dec. 31, 2011 | Feb. 01, 2011 | Dec. 31, 2014 | Dec. 31, 2013 | Aug. 13, 2013 | |
Class of Stock [Line Items] | |||||
Common Stock, Shares, Issued | 200,000 | 200,000 | |||
Stock Issued During Period, Value, Issued for Services | $200 | ||||
Sale of Stock, Price Per Share | $0.00 | ||||
Mr. Lirong Wang [Member] | |||||
Class of Stock [Line Items] | |||||
Fair Value Of Common Stock Share | 200 | ||||
Founders [Member] | |||||
Class of Stock [Line Items] | |||||
Common Stock, Shares, Issued | 200,000 | ||||
Stock Issued During Period, Value, Issued for Services | $200 | ||||
Sale of Stock, Price Per Share | $0.00 |
GOING_CONCERN_Details_Textual
GOING CONCERN (Details Textual) (USD $) | 11 Months Ended | 12 Months Ended | 47 Months Ended | |||
Dec. 31, 2011 | Dec. 31, 2014 | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2014 | Jan. 30, 2011 | |
Schedule of Going Concern [Line Items] | ||||||
Net Income (Loss) Attributable to Parent, Total | ($1,880) | ($23,912) | ($19,319) | ($1,929) | ($47,040) | |
Stockholders Equity Attributable to Parent, Total | -1,677 | -46,836 | -22,924 | -3,605 | -46,836 | |
Net Cash Provided by (Used in) Operating Activities, Total | $47,040 |