Document and Entity Information
Document and Entity Information - shares | 3 Months Ended | |
Dec. 31, 2015 | Mar. 10, 2016 | |
Document And Entity Information [Abstract] | ||
Entity Registrant Name | ASIA EQUITY EXCHANGE GROUP, INC. | |
Entity Central Index Key | 1,590,565 | |
Document Type | 10-Q/A | |
Document Period End Date | Dec. 31, 2015 | |
Amendment Flag | true | |
Amendment Description | Amendment No. 1 | |
Current Fiscal Year End Date | --09-30 | |
Entity Filer Category | Smaller Reporting Company | |
Entity Common Stock, Shares Outstanding | 146,000,000 | |
Trading Symbol | AEEX | |
Document Fiscal Period Focus | Q1 | |
Document Fiscal Year Focus | 2,016 |
Balance Sheets
Balance Sheets - USD ($) | Dec. 31, 2015 | Sep. 30, 2015 | |
Current Assets | |||
Cash and cash equivalents | |||
Prepaid expenses | $ 5,833 | $ 5,833 | |
Total current assets | 5,833 | 5,833 | |
TOTAL ASSETS | 5,833 | 5,833 | |
Current Liabilities | |||
Accounts payable and accrued liabilities | 1,056 | 861 | |
Note payable - related party | 14,408 | 9,719 | |
Total current liabilities | 15,464 | 10,580 | |
TOTAL LIABILITIES | $ 15,464 | $ 10,580 | |
COMMITMENTS AND CONTINGENCIES | |||
STOCKHOLDERS' DEFICIT | |||
Preferred stock, 1,000,000 shares authorized; par value $0.001, none issued and outstanding | |||
Common stock, 3,000,000,000 shares authorized; par value $0.001, 1,146,000,000 and 146,000,000 shares issued as of December 31, 2015 and September 30, 2015, respectively | [1] | $ 1,146,000 | $ 146,000 |
Capital deficiency | (1,023,713) | (23,713) | |
Accumulated deficit | (131,918) | (127,034) | |
Total Stockholders' Deficit | (9,631) | (4,747) | |
TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT | $ 5,833 | $ 5,833 | |
[1] | Common stock retroactively adjusted for 10:1 forward stock split, effective July 8, 2015. |
Balance Sheets (Parenthetical)
Balance Sheets (Parenthetical) - $ / shares | Dec. 31, 2015 | Sep. 30, 2015 |
Statement of Financial Position [Abstract] | ||
Preferred stock, shares authorized | 1,000,000 | 1,000,000 |
Preferred stock, par value | $ 0.001 | $ 0.001 |
Preferred stock, shares issued | ||
Preferred stock, shares outstanding | ||
Common stock, shares authorized | 3,000,000,000 | 3,000,000,000 |
Common stock, par value | $ 0.001 | $ 0.001 |
Common stock, shares issued | 1,146,000,000 | 146,000,000 |
Statements of Operations
Statements of Operations - USD ($) | 3 Months Ended | ||
Dec. 31, 2015 | Dec. 31, 2014 | ||
Income Statement [Abstract] | |||
REVENUE | |||
OPERATING EXPENSES | |||
General and administrative | $ 81 | ||
Professional fees | $ 4,884 | 2,654 | |
Total Operating Expenses | 4,884 | 2,735 | |
Net loss from operations | $ (4,884) | $ (2,735) | |
Other Income and Expense | |||
Provision for income taxes | |||
Net Loss | $ (4,884) | $ (2,735) | |
Basic and diluted loss per common share | $ 0 | $ 0 | |
Weighted average number of common shares outstanding - basic and diluted | [1] | 146,000,000 | 146,000,000 |
[1] | Common stock retroactively adjusted for 10:1 forward stock split, effective July 8, 2015. |
Statements of Operations (Paren
Statements of Operations (Parenthetical) | Jul. 08, 2015 |
Income Statement [Abstract] | |
Common stock forward stock split | 10:1 forward stock split |
Statements of Cash Flows
Statements of Cash Flows - USD ($) | 3 Months Ended | |
Dec. 31, 2015 | Dec. 31, 2014 | |
CASH FLOWS FROM OPERATING ACTIVITIES | ||
Net loss | $ (4,884) | $ (2,735) |
Adjustments to reconcile net loss to net cash used in operating activities: | ||
Expenses paid by a related party | 4,689 | |
Changes in operating activities: | ||
Accounts payable and accrued liabilities | $ 195 | $ (3,000) |
Net cash used in operating activities | $ (5,735) | |
CASH FLOWS FROM INVESTING ACTIVITIES | ||
Net cash used in Investing Activities | ||
CASH FLOWS FROM FINANCING ACTIVITIES | ||
Net Cash Provided by Financing Activities | ||
Net increase (decrease) in cash and cash equivalents | $ (5,735) | |
Cash and cash equivalents, beginning of period | 38,691 | |
Cash and cash equivalents, end of period | $ 32,956 | |
Supplemental Cash Flow Disclosure: | ||
Cash paid for interest | ||
Cash paid for income taxes | ||
Non-cash financing activities: | ||
1,000,000,000 shares of common stock issued and held in escrow pending merger with Asia Equity Exchange Group Co., Ltd. | $ 1,000,000 |
Statements of Cash Flows (Paren
Statements of Cash Flows (Parenthetical) | 3 Months Ended |
Dec. 31, 2015shares | |
Statement of Cash Flows [Abstract] | |
Issuance of common stock issued and held in escrow pending merger with Asia Equity Exchange Group Co., Ltd. | 1,000,000,000 |
Organization and Description of
Organization and Description of Business | 3 Months Ended |
Dec. 31, 2015 | |
Organization, Consolidation and Presentation of Financial Statements [Abstract] | |
Organization and Description of Business | NOTE 1 - ORGANIZATION AND DESCRIPTION OF BUSINESS ASIA EQUITY EXCHANGE GROUP, INC. (the Company, AEEX) is a Nevada corporation incorporated on July 15, 2013. It is based in Honk Kong, Peoples Republic of China. The accounting and reporting policies of the Company conform to accounting principles generally accepted in the United States of America, and the Companys fiscal year end is September 30. The Company aims to build and complement the multi-layer capital market system in Asia, and create a unique and authoritative intercontinental equity information platform which will effectively complement in business functions, service means and financing channels with OTC markets in countries and regions in Asia. AEEX also endeavors to build a system of global cooperation to provide listed enterprises with equity financing means through domestic and overseas channels, and to offer nurturing, pre-listing tutoring, incubating and supporting services for their listing on overseas capital markets. To date, the Companys activities have been limited to its formation and the raising of equity capital. |
Summary of Significant Accounti
Summary of Significant Accounting Policies | 3 Months Ended |
Dec. 31, 2015 | |
Accounting Policies [Abstract] | |
Summary of Significant Accounting Policies | NOTE 2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Basis of Presentation The accompanying unaudited financial statements have been prepared in accordance with generally accepted accounting principles in the United States of America for interim financial information and with the instructions to Form 10-Q and Regulation S-X. Accordingly, the financial statements do not include all of the information and footnotes required by generally accepted accounting principles for complete financial statements. In the opinion of management, all adjustments consisting of normal recurring entries necessary for a fair statement of the periods presented for: (a) the financial position; (b) the result of operations; and (c) cash flows, have been made in order to make the financial statements presented not misleading. The results of operations for such interim periods are not necessarily indicative of operations for a full year. The accompanying unaudited financial statements should be read in conjunction with the financial statements and related notes included in the Companys Annual Report on Form 10-K/A, for the year ended September 30, 2015, as filed with the SEC on January 15, 2016. Use of Estimates The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements. The estimates and judgments will also affect the reported amounts for certain revenues and expenses during the reporting period. Actual results could differ from these good faith estimates and judgments. Cash and Cash Equivalents Cash and cash equivalents include cash in banks, money market funds, and certificates of term deposits with maturities of less than three months from inception, which are readily convertible to known amounts of cash and which, in the opinion of management, are subject to an insignificant risk of loss in value. The Company had $Nil a in cash and cash equivalents as of December 31, 2015 and September 30, 2015, respectively. Net Loss Per Share of Common Stock The Company has adopted ASC Topic 260, Earnings per Share, The following table sets forth the computation of basic earnings per share, for the three months ended December 31, 2015 and 2014: Three Months Ended December 31, 2015 2014 Net loss $ (4,884 ) $ (2,735 ) Weighted average common shares outstanding (basic and diluted) 146,000,000 146,000,000 Net loss per common share, basic and diluted $ (0.00 ) $ (0.00 ) The Company has no potentially dilutive securities, such as options or warrants, currently issued and outstanding. Concentrations of Credit Risk The Companys financial instruments that are exposed to concentrations of credit risk primarily consist of its cash and cash equivalents and related party payables that it will likely incur in the near future. The Company places its cash and cash equivalents with financial institutions of high credit worthiness. At times, its cash and cash equivalents with a particular financial institution may exceed any applicable government insurance limits. The Companys management plans to assess the financial strength and credit worthiness of any parties to which it extends funds, and as such, it believes that any associated credit risk exposures are limited. Financial Instruments The Company follows ASC 820, Fair Value Measurements and Disclosures, Level 1 Level 1 applies to assets or liabilities for which there are quoted prices in active markets for identical assets or liabilities. Level 2 Level 2 applies to assets or liabilities for which there are inputs other than quoted prices that are observable for the asset or liability such as quoted prices for similar assets or liabilities in active markets; quoted prices for identical assets or liabilities in markets with insufficient volume or infrequent transactions (less active markets); or model-derived valuations in which significant inputs are observable or can be derived principally from, or corroborated by, observable market data. Level 3 Level 3 applies to assets or liabilities for which there are unobservable inputs to the valuation methodology that are significant to the measurement of the fair value of the assets or liabilities. Share-based Expenses ASC 718 Compensation Stock Compensation The Company accounts for stock-based compensation issued to non-employees and consultants in accordance with the provisions of ASC 505-50, Equity Based Payments to Non-Employees. Advertising Costs The Company follows ASC 720, Advertising Costs, Related Parties The Company follows ASC 850, Related Party Disclosures, Commitments and Contingencies The Company follows ASC 450-20 , Loss Contingencies Revenue Recognition The Company will recognize revenue from the sale of products and services in accordance with ASC 605, Revenue Recognition. i) Persuasive evidence for an agreement exists; ii) Service has been provided; iii) The fee is fixed or determinable; and, iv) Collection is reasonably assured. Recent Accounting Pronouncements Management has considered all recent accounting pronouncements issued. The Companys management believes that these recent pronouncements will not have a material effect on the Companys consolidated financial statements. |
Going Concern
Going Concern | 3 Months Ended |
Dec. 31, 2015 | |
Organization, Consolidation and Presentation of Financial Statements [Abstract] | |
Going Concern | NOTE 3 - GOING CONCERN The accompanying financial statements have been prepared assuming that the Company will continue as a going concern, which contemplates the realization of assets and the liquidation of liabilities in the normal course of business. As of December 31, 2015, the Company has a loss from operations of $4,884 an accumulated deficit of $131,918 and has earned no revenues since inception. The Company intends to start the business of consulting and information release services to gain profit after the proposed purchase of Asia Equity Exchange Group Co., Ltd. (AEEGCL) (see note 8). The Company plans to fund operations through equity financing arrangements, which may be insufficient to fund its capital expenditures, working capital and other cash requirements for the year ending December 31, 2016. The ability of the Company to emerge from the development stage is dependent upon, among other things, obtaining additional financing to continue operations, and development of its business plan. In response to these problems, management intends to raise additional funds through public or private placement offerings. These factors, among others, raise substantial doubt about the Companys ability to continue as a going concern. The accompanying financial statements do not include any adjustments that might result from the outcome of this uncertainty. |
Equity
Equity | 3 Months Ended |
Dec. 31, 2015 | |
Equity [Abstract] | |
Equity | NOTE 4 - EQUITY Preferred Stock The Company has authorized 1,000,000 preferred shares with a par value of $0.001 per share. The Board of Directors are authorized to divide the authorized shares of Preferred Stock into one or more series, each of which shall be so designated as to distinguish the shares thereof from the shares of all other series and classes. As of December 31, 2015, the Company does not have any issued shares of preferred stock and has not designated any shares for issuance. Common Stock The Company has authorized 3,000,000,000 common shares with a par value of $0.001 per share. Each common share entitles the holder to one vote, in person or proxy, on any matter on which action of the stockholders of the corporation is sought. On July 8, 2015, the Board of Directors authorized a ten for one (10:1) forward stock split, which was effectuated upon the filing of our amended Articles of Incorporation. The amended Articles of Incorporation were filed with the state of Nevada on July 22, 2015. Accordingly, the Companys outstanding number of shares of common stock increased from 14,600,000 to 146,000,000. All relevant information relating to numbers of shares and per share information have been retrospectively adjusted to reflect the forward stock split for all periods presented. During the period ended December 31, 2015, pursuant to the Sale and Purchase agreement to acquire 100% of the shares and assets of Asian Equity Exchange Group Co. Ltd. (AEEGCL, see note 8), the Company issued 1,000,000,000 shares of common stock, to be held in escrow pending closing of the transaction. Accordingly, the Company excludes these shares from the calculation of common shares outstanding. As of December 31, 2015 and September 30, 2015, the Company has issued 1,146,000,000 and 146,000,000 shares of common stock, respectively. Additional Paid in Capital During the year ending September 30, 2015, a former officer forgave $50,087, which was recorded as contributed capital. |
Provision for Income Taxes
Provision for Income Taxes | 3 Months Ended |
Dec. 31, 2015 | |
Income Tax Disclosure [Abstract] | |
Provision for Income Taxes | NOTE 5 - PROVISION FOR INCOME TAXES The Company provides for income taxes under ASC 740, Income Taxes. The provision for income taxes differs from the amounts, which would be provided by applying the statutory federal income tax rate of 34% to the net loss before provision for income taxes for the following reasons: December 31, 2015 September 30, 2015 Income tax expense at statutory rate $ (16,375 ) $ (18,100 ) Valuation allowance 16,375 18,100 Income tax expense per books $ - $ - Net deferred tax assets consist of the following components as of: December 31, 2015 September 30, 2015 NOL Carryover $ 43,175 $ 26,800 Valuation allowance (43,175 ) (26,800 ) Net deferred tax asset $ $ The Company has approximately $136,802 of Federal net operating loss carry-forwards, which will begin to expire in 2033. Their utilization is limited to future taxable earnings of the Company and may be subject to severe limitations if the Company undergoes an ownership change pursuant to Internal Revenue Code Section 382. The Company has not taken any uncertain tax positions; however, it has open tax years subject to audit by the Internal Revenue Services, for the years ended 2013 through 2015. |
Related Party Transactions
Related Party Transactions | 3 Months Ended |
Dec. 31, 2015 | |
Related Party Transactions [Abstract] | |
Related Party Transactions | NOTE 6 - RELATED PARTY TRANSACTIONS During the year ended September 30, 2015, the former CEO advanced the Company $12,500 for operating expenses, received payments of $3,276 and forgave the balance owing of $50,087. During the three months ending December 31, 2015, and year ended September 30, 2015, the new CEO advanced the Company $4,689 and $9,719 for operating expenses. These advances have been formalized by non-interest bearing demand notes. As of December 31, 2015, and September 30, 2015, the balance due to a related party was $14,408 and $9,719, respectively. |
Commitments and Contingencies
Commitments and Contingencies | 3 Months Ended |
Dec. 31, 2015 | |
Commitments and Contingencies Disclosure [Abstract] | |
Commitments and Contingencies | NOTE 7 - COMMITMENTS AND CONTINGENCIES The Company has no known commitments or contingencies as of December 31, 2015. From time to time, the Company may become a party to litigation matters involving claims against the Company. Management believes that it is adequately insured for its operations and there are no current matters that would have a material effect on the Companys financial position or results of operations. |
Subsequent Events
Subsequent Events | 3 Months Ended |
Dec. 31, 2015 | |
Subsequent Events [Abstract] | |
Subsequent Events | NOTE 8 - SUBSEQUENT EVENTS On November 30, 2015, Asia Equity Exchange Group Inc., executed a Sale and Purchase Agreement (the Agreement) to acquire 100% of the shares and assets of AEEGCL, a company incorporated under the laws of Samoa. Pursuant to the Agreement, the Company agreed to issue one billion (1,000,000,000) restricted common shares of the Company to the owners of AEEGCL. Execution of this agreement is the first stage of the planned acquisition. Closing was planned to take place on or before March 31, 2016. However, closing is contingent upon an audit of the shares and assets of AEEGCL. As of the date of this filing that closing has not occurred. All shares issued pursuant to the Agreement are held in escrow and deemed to be in the full control of the Company until the closing. |
Summary of Significant Accoun16
Summary of Significant Accounting Policies (Policies) | 3 Months Ended |
Dec. 31, 2015 | |
Accounting Policies [Abstract] | |
Basis of Presentation | Basis of Presentation The accompanying unaudited financial statements have been prepared in accordance with generally accepted accounting principles in the United States of America for interim financial information and with the instructions to Form 10-Q and Regulation S-X. Accordingly, the financial statements do not include all of the information and footnotes required by generally accepted accounting principles for complete financial statements. In the opinion of management, all adjustments consisting of normal recurring entries necessary for a fair statement of the periods presented for: (a) the financial position; (b) the result of operations; and (c) cash flows, have been made in order to make the financial statements presented not misleading. The results of operations for such interim periods are not necessarily indicative of operations for a full year. The accompanying unaudited financial statements should be read in conjunction with the financial statements and related notes included in the Companys Annual Report on Form 10-K/A, for the year ended September 30, 2015, as filed with the SEC on January 15, 2016. |
Use of Estimates | Use of Estimates The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements. The estimates and judgments will also affect the reported amounts for certain revenues and expenses during the reporting period. Actual results could differ from these good faith estimates and judgments. |
Cash and Cash Equivalents | Cash and Cash Equivalents Cash and cash equivalents include cash in banks, money market funds, and certificates of term deposits with maturities of less than three months from inception, which are readily convertible to known amounts of cash and which, in the opinion of management, are subject to an insignificant risk of loss in value. The Company had $Nil a in cash and cash equivalents as of December 31, 2015 and September 30, 2015, respectively. |
Net Loss Per Share of Common Stock | Net Loss Per Share of Common Stock The Company has adopted ASC Topic 260, Earnings per Share, The following table sets forth the computation of basic earnings per share, for the three months ended December 31, 2015 and 2014: Three Months Ended December 31, 2015 2014 Net loss $ (4,884 ) $ (2,735 ) Weighted average common shares outstanding (basic and diluted) 146,000,000 146,000,000 Net loss per common share, basic and diluted $ (0.00 ) $ (0.00 ) The Company has no potentially dilutive securities, such as options or warrants, currently issued and outstanding. |
Concentrations of Credit Risk | Concentrations of Credit Risk The Companys financial instruments that are exposed to concentrations of credit risk primarily consist of its cash and cash equivalents and related party payables that it will likely incur in the near future. The Company places its cash and cash equivalents with financial institutions of high credit worthiness. At times, its cash and cash equivalents with a particular financial institution may exceed any applicable government insurance limits. The Companys management plans to assess the financial strength and credit worthiness of any parties to which it extends funds, and as such, it believes that any associated credit risk exposures are limited. |
Financial Instruments | Financial Instruments The Company follows ASC 820, Fair Value Measurements and Disclosures, Level 1 Level 1 applies to assets or liabilities for which there are quoted prices in active markets for identical assets or liabilities. Level 2 Level 2 applies to assets or liabilities for which there are inputs other than quoted prices that are observable for the asset or liability such as quoted prices for similar assets or liabilities in active markets; quoted prices for identical assets or liabilities in markets with insufficient volume or infrequent transactions (less active markets); or model-derived valuations in which significant inputs are observable or can be derived principally from, or corroborated by, observable market data. Level 3 Level 3 applies to assets or liabilities for which there are unobservable inputs to the valuation methodology that are significant to the measurement of the fair value of the assets or liabilities. |
Share-based Expenses | Share-based Expenses ASC 718 Compensation Stock Compensation The Company accounts for stock-based compensation issued to non-employees and consultants in accordance with the provisions of ASC 505-50, Equity Based Payments to Non-Employees. |
Advertising Costs | Advertising Costs The Company follows ASC 720, Advertising Costs, |
Related Parties | Related Parties The Company follows ASC 850, Related Party Disclosures, |
Commitments and Contingencies | Commitments and Contingencies The Company follows ASC 450-20 , Loss Contingencies |
Revenue Recognition | Revenue Recognition The Company will recognize revenue from the sale of products and services in accordance with ASC 605, Revenue Recognition. i) Persuasive evidence for an agreement exists; ii) Service has been provided; iii) The fee is fixed or determinable; and, iv) Collection is reasonably assured. |
Recent Accounting Pronouncements | Recent Accounting Pronouncements Management has considered all recent accounting pronouncements issued. The Companys management believes that these recent pronouncements will not have a material effect on the Companys consolidated financial statements. |
Summary of Significant Accoun17
Summary of Significant Accounting Policies (Tables) | 3 Months Ended |
Dec. 31, 2015 | |
Accounting Policies [Abstract] | |
Schedule of Computation of Basic and Diluted Earnings Per Share | The following table sets forth the computation of basic earnings per share, for the three months ended December 31, 2015 and 2014: Three Months Ended December 31, 2015 2014 Net loss $ (4,884 ) $ (2,735 ) Weighted average common shares outstanding (basic and diluted) 146,000,000 146,000,000 Net loss per common share, basic and diluted $ (0.00 ) $ (0.00 ) |
Provision for Income Taxes (Tab
Provision for Income Taxes (Tables) | 3 Months Ended |
Dec. 31, 2015 | |
Income Tax Disclosure [Abstract] | |
Schedule of Net Loss Before Provision for Income Taxes | The provision for income taxes differs from the amounts, which would be provided by applying the statutory federal income tax rate of 34% to the net loss before provision for income taxes for the following reasons: December 31, 2015 September 30, 2015 Income tax expense at statutory rate $ (16,375 ) $ (18,100 ) Valuation allowance 16,375 18,100 Income tax expense per books $ - $ - |
Schedule of Components of Net Deferred Tax | Net deferred tax assets consist of the following components as of: December 31, 2015 September 30, 2015 NOL Carryover $ 43,175 $ 26,800 Valuation allowance (43,175 ) (26,800 ) Net deferred tax asset $ $ |
Summary of Significant Accoun19
Summary of Significant Accounting Policies (Details Narrative) - USD ($) | 3 Months Ended | |||
Dec. 31, 2015 | Sep. 30, 2015 | Dec. 31, 2014 | Sep. 30, 2014 | |
Accounting Policies [Abstract] | ||||
Cash and cash equivalents | $ 32,956 | $ 38,691 | ||
Advertising costs |
Summary of Significant Accoun20
Summary of Significant Accounting Policies - Schedule of Computation of Basic and Diluted Earnings Per Share (Details) - USD ($) | 3 Months Ended | ||
Dec. 31, 2015 | Dec. 31, 2014 | ||
Accounting Policies [Abstract] | |||
Net loss | $ (4,884) | $ (2,735) | |
Weighted average common shares issued and outstanding (basic and diluted) | [1] | 146,000,000 | 146,000,000 |
Net loss per common share, basic and diluted | $ 0 | $ 0 | |
[1] | Common stock retroactively adjusted for 10:1 forward stock split, effective July 8, 2015. |
Going Concern (Details Narrativ
Going Concern (Details Narrative) - USD ($) | 3 Months Ended | ||
Dec. 31, 2015 | Dec. 31, 2014 | Sep. 30, 2015 | |
Organization, Consolidation and Presentation of Financial Statements [Abstract] | |||
Loss from operations | $ 4,884 | $ 2,735 | |
Accumulated deficit | $ 131,918 | $ 127,034 | |
Revenue |
Equity (Detail Narrative)
Equity (Detail Narrative) - USD ($) | Jul. 08, 2015 | Dec. 31, 2015 | Sep. 30, 2015 | Nov. 30, 2015 |
Preferred stock, shares authorized | 1,000,000 | 1,000,000 | ||
Preferred stock, par value | $ 0.001 | $ 0.001 | ||
Common stock, shares authorized | 3,000,000,000 | 3,000,000,000 | ||
Common stock, par value | $ 0.001 | $ 0.001 | ||
Forward stock split | 10:1 forward stock split | |||
Issuance of common stock issued and held in escrow pending merger with Asia Equity Exchange Group Co., Ltd. | 1,000,000,000 | |||
Common stock shares issued | 1,146,000,000 | 146,000,000 | ||
Contributed capital | $ 50,087 | |||
Sale and Purchase Agreement [Member] | ||||
Percentage of shares and assets acquired | 100.00% | 100.00% | ||
Issuance of common stock issued and held in escrow pending merger with Asia Equity Exchange Group Co., Ltd. | 1,000,000,000 | |||
Minimum [Member] | ||||
Common stock shares outstanding | 14,600,000 | |||
Maximum [Member] | ||||
Common stock shares outstanding | 146,000,000 |
Provision for Income Taxes (Det
Provision for Income Taxes (Details Narrative) - USD ($) | 3 Months Ended | |
Dec. 31, 2015 | Dec. 31, 2014 | |
Federal income tax rate | 34.00% | 34.00% |
Federal [Member] | ||
Net operating loss carry forwards | $ 136,802 | |
Net operating loss carry forwards expire date | 2,033 |
Provision for Income Taxes - Sc
Provision for Income Taxes - Schedule of Net Loss Before Provision for Income Taxes (Details) - USD ($) | 3 Months Ended | 12 Months Ended | |
Dec. 31, 2015 | Dec. 31, 2014 | Sep. 30, 2015 | |
Income Tax Disclosure [Abstract] | |||
Income tax expense at statutory rate | $ (16,375) | $ (18,100) | |
Valuation allowance | $ 16,375 | $ 18,100 | |
Income tax expense per books |
Provision for Income Taxes - 25
Provision for Income Taxes - Schedule of Components of Net Deferred Tax (Details) - USD ($) | Dec. 31, 2015 | Sep. 30, 2015 |
Income Tax Disclosure [Abstract] | ||
NOL Carryover | $ 43,175 | $ 26,800 |
Valuation allowance | $ (43,175) | $ (26,800) |
Net deferred tax asset |
Related Party Transactions (Det
Related Party Transactions (Details Narrative) - USD ($) | 3 Months Ended | 12 Months Ended | |
Dec. 31, 2015 | Dec. 31, 2014 | Sep. 30, 2015 | |
Related Party Transaction [Line Items] | |||
Operating expenses | $ 4,884 | $ 2,735 | |
Due to related party | 14,408 | $ 9,719 | |
Former CEO [Member] | |||
Related Party Transaction [Line Items] | |||
Operating expenses | 12,500 | ||
Payments to related party | 3,276 | ||
Debt forgiveness balance owing | 50,087 | ||
New CEO [Member] | |||
Related Party Transaction [Line Items] | |||
Payments to related party | $ 4,689 | $ 9,719 |
Subsequent Events (Details Narr
Subsequent Events (Details Narrative) - Sale and Purchase Agreement [Member] - shares | Nov. 30, 2015 | Dec. 31, 2015 |
Subsequent Event [Line Items] | ||
Percentage of shares and assets acquired | 100.00% | 100.00% |
Number of restricted common stock shares issued | 1,000,000,000 |