American Education Center (AMCT) 10-Q 22 Aug 16 2016 Q2 Quarterly report Financial data

Document And Entity Information

Document And Entity Information - shares	6 Months Ended
	Jun. 30, 2016	Aug. 22, 2016
Document Information [Line Items]
Entity Registrant Name	AMERICAN EDUCATION CENTER, INC.
Entity Central Index Key	1,626,556
Current Fiscal Year End Date	--12-31
Entity Filer Category	Smaller Reporting Company
Entity Common Stock, Shares Outstanding		31,550,000
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Jun. 30, 2016
Document Fiscal Period Focus	Q2
Document Fiscal Year Focus	2,016

CONSOLIDATED BALANCE SHEETS

CONSOLIDATED BALANCE SHEETS - USD ($)	Jun. 30, 2016	Dec. 31, 2015
Current assets:
Cash (Note 2)	$ 438,422	$ 1,093,755
Accounts receivable (Note 2)	942,308	1,114,280
Prepaid expenses	48,170	96,000
Total current assets	1,428,900	2,304,035
Noncurrent assets:
Deferred income taxes (Notes 2 and 10)	16,792	0
Security deposits (Note 4)	266,021	266,021
Total noncurrent assets	282,813	266,021
TOTAL ASSETS	1,711,713	2,570,056
Current liabilities:
Accounts payable and accrued expenses	579,420	994,291
Corporate taxes payable	205,637	216,812
Deferred revenue (Note 5)	0	553,624
Advances from clients (Note 6)	176,019	63,679
Loan from stockholder (Note 7)	88,551	88,551
Total current liabilities	1,049,627	1,916,957
Noncurrent liabilities:
Deferred rent	129,765	104,195
Long-term loan (Note 8)	295,579	295,579
Total liabilities	1,474,971	2,316,731
Stockholders’ equity:
Preferred stock, $0.001 par value; 20,000,000 shares authorized; none issued	0	0
Common stock, $0.001 par value; 180,000,000 shares authorized; 31,550,000 and 30,000,000 shares issued and outstanding, at June 30, 2016 and December 31, 2015 (Note 12)	31,550	30,000
Additional paid-in capital	228,126	214,176
(Deficit) Retained earnings	(22,934)	9,149
Total stockholders' equity	236,742	253,325
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY	$ 1,711,713	$ 2,570,056

CONSOLIDATED BALANCE SHEETS (Pa

CONSOLIDATED BALANCE SHEETS (Parenthetical) - $ / shares	Jun. 30, 2016	Dec. 31, 2015
Preferred Stock, Par or Stated Value Per Share (in dollars per share)	$ 0.001	$ 0.001
Preferred Stock, Shares Authorized	20,000,000	20,000,000
Preferred Stock, Shares Issued	0	0
Common Stock, Par or Stated Value Per Share (in dollars per share)	$ 0.001	$ 0.001
Common Stock, Shares Authorized	180,000,000	180,000,000
Common Stock, Shares, Issued	31,550,000	30,000,000
Common Stock, Shares, Outstanding	31,550,000	30,000,000

CONSOLIDATED STATEMENTS OF OPER

CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Revenues (Note 2)	$ 1,226,851	$ 1,650,061	$ 3,910,655	$ 2,324,104
Costs and expenses:
Consulting services	1,083,670	574,004	3,057,187	904,994
Application fees	2,800	13,475	47,572	23,660
General and administrative	392,434	692,080	859,914	1,169,478
Total costs and expenses	1,478,904	1,279,559	3,964,673	2,098,132
(Loss) income from operations	(252,053)	370,502	(54,018)	225,972
Other income	801	946	5,193	1,306
(Loss) income before (benefit from) provision for income taxes	(251,252)	371,448	(48,825)	227,278
(Benefit from) provision for income taxes	(109,800)	(6,469)	(16,742)	125,203
Net (loss) income	$ (141,452)	$ 377,917	$ (32,083)	$ 102,075
(Loss) earnings per share - basic and diluted (in dollars per share)	$ 0	$ 0.02	$ 0	$ 0
Weighted average shares outstanding, basic and diluted (in shares)	30,193,111	21,000,000	30,096,556	21,000,000

CONSOLIDATED STATEMENT OF STOCK

CONSOLIDATED STATEMENT OF STOCKHOLDERS' EQUITY - 6 months ended Jun. 30, 2016 - USD ($)	Total	Common Stock [Member]	Additional Paid-in Capital [Member]	Retained Earnings [Member]
Balance at Dec. 31, 2015	$ 253,325	$ 30,000	$ 214,176	$ 9,149
Balance (in shares) at Dec. 31, 2015		30,000,000
Issuance of common stock for services	15,500	$ 1,550	13,950	0
Issuance of common stock for services (in shares)		1,550,000
Net (loss)	(32,083)	$ 0	0	(32,083)
Balance at Jun. 30, 2016	$ 236,742	$ 31,550	$ 228,126	$ (22,934)
Balance (in shares) at Jun. 30, 2016		31,550,000

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)	6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015
Cash flows from operating activities:
Net (loss) income	$ (32,083)	$ 102,075
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:
Deferred income taxes	(16,792)	94,651
Deferred rent expense	25,570	66,139
Bad debt expense	0	74,665
Stock issuance for services	15,500	0
Change in operating assets and liabilities:
Decrease (increase) in accounts receivable	171,972	(746,645)
Decrease in prepaid expenses	47,830	0
(Decrease) increase in accounts payable	(414,871)	367,961
(Decrease) increase in corporate taxes payable	(11,175)	30,552
(Decrease) increase in deferred revenue	(553,624)	69,120
Increase in advances from clients	112,340	81,725
Net cash (used in) provided by operating activities	(655,333)	140,243
Net change in cash	(655,333)	140,243
Cash, beginning of period	1,093,755	82,572
Cash, end of period	438,422	222,815
Supplemental disclosure of cash flow information
Cash paid for income taxes	0	0
Cash paid for interest	$ 7,389	$ 16,570

ORGANIZATION AND BUSINESS

ORGANIZATION AND BUSINESS	6 Months Ended
	Jun. 30, 2016
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Organization, Consolidation and Presentation of Financial Statements Disclosure [Text Block]	ORGANIZATION AND BUSINESS American Education Center, Inc. (“AEC New York”) is a New York Corporation organized on November 8, 1999 and is licensed by the Education Department of the State of New York to engage in education related consulting services between the United States and China. On May 7, 2014, the President/sole shareholder of AEC New York formed a new company (“AEC Nevada”) in the State of Nevada with the same name. On May 31, 2014, the President/sole shareholder of AEC New York exchanged his 200 10,563,000 The Company’s primary goal is to build upon the concept of “one-stop comprehensive services” for international students, educators, and institutions. The Company has been devoted to international education exchanges, by providing educational and career enrichment opportunities for students, teachers, and educational institutions between China and the United States. The Company currently provides admission, visa, housing and other consulting services to Chinese students wishing to study in the United States. The Company also provides exchange and placement services for qualified United States educators to teach in China. In addition, the Company provides localization consulting services which are for employees coming to the United States to work for multi-national companies with operations here.

SUMMARY OF SIGNIFICANT ACCOUNTI

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	6 Months Ended
	Jun. 30, 2016
Accounting Policies [Abstract]
Significant Accounting Policies [Text Block]	SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES The unaudited interim financial statements of the Company as of June 30, 2016 and for the three and six months ended June 30, 2016 and 2015, have been prepared in accordance with accounting principles generally accepted in the United States of America (“GAAP”) and the rules and regulations of the Securities and Exchange Commission (the “SEC”) which apply to interim financial statements. Accordingly, they do not include all of the information and footnotes normally required by accounting principles generally accepted in the United States of America for annual financial statements. In the opinion of management, such information contains all adjustments, consisting only of normal recurring adjustments, necessary for a fair presentation of the results for the periods presented. The results of operations for the three and six months ended June 30, 2016 are not necessarily indicative of the results to be expected for future quarters or for the year ending December 31, 2016. The accompanying consolidated financial statements have been prepared on the accrual basis of accounting in accordance with accounting principles generally accepted in the United States of America (“GAAP”). The consolidated financial statements are comprised of AEC Nevada and its wholly owned subsidiary, AEC New York. All significant intercompany accounts and transactions have been eliminated in consolidation. The Company considers all liquid investments with an original maturity of three months or less to be cash equivalents. The Company carries its accounts receivable at cost less an allowance for doubtful accounts if required. On a periodic basis, management evaluates accounts receivable balances and establishes an allowance for doubtful accounts, based on history of past write-offs and collections, when necessary. As of June 30, 2016, the Company considers all accounts receivable to be fully collectible and, therefore, did not provide for an allowance for doubtful accounts. Revenue is recorded pursuant to Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) 605, Revenue Recognition The Company offers a limited refund policy to students who have received consulting services pursuant to our Career Program, where we assist them in identifying and applying to internship and/or work opportunities that are suitable to their educational background and experience level. The Company requires prepayment for these services where we assist them in identifying and applying to internship and/or work opportunities that are suitable to their educational background and experience level. Prior to the student clients successfully securing suitable internship and/or work opportunities, these prepayments are disclosed as “advances from clients” in the consolidated balance sheet. Part of the prepayment is subject to refund if our student clients are unable to secure suitable internship or work opportunities. The Company maintains its cash accounts at 3 commercial banks. The Federal Deposit Insurance Corporation (“FDIC”) insures up to $ 250,000 162,000 The following table represents certain information about the Company’s major customers which individually accounted for more than 10 2016 Gross Revenue Percentage Accounts Receivable Percentage Customer 1 $ 526,220 13.5 % $ 16,220 1.7 % Customer 2 555,500 14.2 % - - Customer 3 1,165,120 29.8 % 738,650 78.4 % 2015 Gross Revenue Percentage Accounts Receivable Percentage Customer 1 $ 402,050 17.4 % $ 160,000 21.4 % Customer 2 320,000 13.8 % 35,245 4.7 % Customer 3 310,000 13.4 % - - Customer 4 300,000 13.0 % 300,000 40.2 % The fair value of stock options issued to third party consultants and to employees, officers and directors are recorded in accordance with the measurement and recognition criteria of FASB ASC 505-50, Equity-Based Payments to Non-Employees Compensation – Stock Based Compensation The options are valued using the Black-Scholes valuation method. This model is affected by the Company’s stock price as well as assumptions regarding a number of subjective variables. These subjective variables include, but are not limited to the Company’s expected stock price volatility over the expected term of the awards, and actual and projected stock option exercise behaviors. Because the Company’s stock options have characteristics different from those of its traded stock, and because changes in the subjective input assumptions can materially affect the fair value estimate, in management’s opinion, the existing models do not necessarily provide a reliable single measure of the fair value of such stock. The Company accounts for income taxes in accordance with FASB ASC 740, Income Taxes ASC 740 also addresses the determination of whether tax benefits claimed or expected to be claimed on a tax return should be recorded in the financial statements. Under ASC 740, the Company may recognize the tax benefit from an uncertain tax position only if it is “more likely than not” that the tax position will be sustained on examination by the taxing authorities, based on the technical merits of the position. The tax benefits recognized in the financial statements from such a position would be measured based on the largest benefit that has a greater than 50% likelihood of being realized upon ultimate settlement. ASC 740 also provides guidance on derecognition of income tax assets and liabilities, classification of current and deferred income tax assets and liabilities, and accounting for interest and penalties associated with tax positions. As of June 30, 2016 and December 31, 2015, the Company does not have a liability for any unrecognized tax benefits. FASB ASC 820, Fair Value Measurement Level 1 Inputs – Unadjusted quoted market prices for identical assets and liabilities in an active market that the Company has the ability to access. Level 2 Inputs – Inputs other than the quoted prices in active markets that are observable either directly or indirectly. Level 3 Inputs – Inputs based on prices or valuation techniques that are both unobservable and significant to the overall fair value measurements. FASB ASC 820 requires the use of observable market data, when available, in making fair value measurements. When inputs used to measure fair value fall within different levels of the hierarchy, the level within which the fair value measurement is categorized is based on the lowest level input that is significant to the fair value measurement. Valuation techniques used need to maximize the use of observable inputs and minimize the use of unobservable inputs. The Company did not identify any assets or liabilities that are required to be presented at fair value on a recurring basis. Non-derivative financial instruments include cash, accounts receivable, prepaid expenses, accounts payable and accrued expenses, loan from stockholder and advances from clients. As of June 30, 2016 and December 31, 2015, the carrying values of these financial instruments approximated their fair values due to their short term nature. The preparation of financial statements in accordance with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect certain reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting periods. Actual results could differ from those estimates. The Company computes net income (loss) per common share in accordance with FASB ASC 260, Earnings Per Share Diluted earnings per share is based on the assumption that all dilutive convertible shares and stock options are converted or exercised. Dilution is computed by applying the treasury stock method. Under this method, options and warrants are assumed to be exercised at the beginning of the period (or at the time of issuance, if later), and as if funds obtained thereby were used to purchase common stock at the average market price during the period. The Company’s common stock equivalents were excluded in the computation of diluted net (loss) per share since their inclusion would be anti-dilutive. Basic and diluted shares outstanding are the same for the three and six months ended June 30, 2015 and 2016. 2016 2015 Common stock equivalents – stock options 1,900,000 -

RECENTLY ISSUED ACCOUNTING STAN

RECENTLY ISSUED ACCOUNTING STANDARDS	6 Months Ended
	Jun. 30, 2016
New Accounting Pronouncements and Changes in Accounting Principles [Abstract]
New Accounting Pronouncements and Changes in Accounting Principles [Text Block]	RECENTLY ISSUED ACCOUNTING STANDARDS In February 2016, the FASB issued Accounting Standards Updates (“ASU”) 2016-02, Leases In August 2014, the FASB issued ASU 2014-15, Presentation of Financial Statements-Going Concern (Subtopic 205-40): Disclosure of Uncertainties about an Entity’s Ability to Continue as a Going Concern. provides guidance in GAAP about management’s responsibility to evaluate whether there is substantial doubt about an entity’s ability to continue as a going concern and to provide related footnote disclosures. In doing so, the amendments should reduce diversity in the timing and content of footnote disclosures. The amendments in ASU 2014-15 are effective for the annual period ending after December 15, 2016, and for annual periods and interim periods thereafter. Early application is permitted. This accounting standard update is not expected to have a material impact on the Company’s financial statements. In May 2014, the FASB issued ASU 2014-09, Revenue from Contracts with Customers Revenue Recognition

SECURITY DEPOSITS

SECURITY DEPOSITS	6 Months Ended
	Jun. 30, 2016
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
Other Assets Disclosure [Text Block]	4. SECURITY DEPOSITS The Company has security deposits with the landlords of $ 266,021

DEFERRED REVENUE

DEFERRED REVENUE	6 Months Ended
	Jun. 30, 2016
Deferred Revenue Disclosure [Abstract]
Deferred Revenue Disclosure [Text Block]	5. DEFERRED REVENUE The Company receives advance payments for services to be performed and recognizes deferred revenue when the services have be rendered. The deferred revenue at June 30, 2016 and December 31, 2015 was $ 0 553,624

ADVANCES FROM CLIENTS

ADVANCES FROM CLIENTS	6 Months Ended
	Jun. 30, 2016
Other Liabilities Disclosure [Abstract]
Other Liabilities Disclosure [Text Block]	6. ADVANCES FROM CLIENTS The Career Program of student services requires prepayment to the Company which has been shown as advances from clients on the balance sheet. The Career Program focuses on assisting the student clients to improve their career development by identifying and applying to internships and/or work opportunities that are suitable to their educational background and experience level. Part of the advance will be refunded if our student clients are unable to secure suitable internships or work opportunities. The advances from clients at June 30, 2016 and December 31, 2015 were $ 176,019 63,679

RELATED-PARTY TRANSACTIONS

RELATED-PARTY TRANSACTIONS	6 Months Ended
	Jun. 30, 2016
Related Party Transactions [Abstract]
Related Party Transactions Disclosure [Text Block]	7. RELATED-PARTY TRANSACTIONS The loan from stockholder represents an unsecured non-interest bearing loan, arising from expenses paid on behalf of the Company. The loan is due on demand. The Company’s President/Chairman/Chief Financial Officer/Secretary has a 34 21,500 5,000 225,000 , respectively. 0 5,000 respectively.

LONG-TERM LOAN

LONG-TERM LOAN	6 Months Ended
	Jun. 30, 2016
Debt Disclosure [Abstract]
Long-term Debt [Text Block]	8. LONG-TERM LOAN On December 1, 2014, a third party, who is also a client, loaned the Company $ 295,579 10 December 12, 2019 7,949 16,570 7,949 16,570

LEASE COMMITMENTS

LEASE COMMITMENTS	6 Months Ended
	Jun. 30, 2016
Leases [Abstract]
Leases of Lessee Disclosure [Text Block]	9. LEASE COMMITMENTS In December 2014, the Company entered into a lease for office space with an unrelated party, expiring on July 31, 2025 3,000 1,500 November 30, 2016 20,000 March 31, 2017 199,500 60,000 99,000 195,000 69,000 141,000 Year Ending December 31, Amount 2016 $ 360,606 2017 369,621 2018 378,862 2019 388,333 2020 418,604 Thereafter 2,105,734 Total $ 4,021,760

INCOME TAXES

INCOME TAXES	6 Months Ended
	Jun. 30, 2016
Income Tax Disclosure [Abstract]
Income Tax Disclosure [Text Block]	10. Income taxes Three Months Ended June 30, Six Months Ended June 30, 2016 2015 2016 2015 Current $ (93,008) $ 30,552 $ 50 $ 30,552 Deferred (16,792) (37,021) (16,792) 94,651 Total $ (109,800) $ (6,469) $ (16,742) $ 125,203 The Company’s tax returns are subject to examination by the federal, state and city taxing authorities. The 2012, 2013 and 2014 tax years are open and subject to examination by the taxing authorities. The Company is not currently under examination nor have they been notified by the authorities. Three Months Ended June 30, Six Months Ended June 30, 2016 2015 2016 2015 Tax at federal statutory rate (34.0) % 34.0 % (34.0) % 34.0 % State and local taxes, net of federal benefit (10.8) 10.8 (10.8) 10.8 Valuation allowance - (44.8) - - Non-deductible expenses 3.0 (2.0) 10.6 10.2 Total (41.8) % (2.0) % (34.2) % 55.0 %

STOCK OPTIONS

STOCK OPTIONS	6 Months Ended
	Jun. 30, 2016
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Disclosure of Compensation Related Costs, Share-based Payments [Text Block]	11. STOCK OPTIONS In November 2015, the Board of Directors (the “Board”) adopted an Equity Incentive Plan (“Plan”). The purpose of the Plan is to attract, retain and motivate employees, directors and persons affiliated with the Company and to provide such participants with additional incentive and reward opportunities. The awards may be in the form of incentive stock options and non-qualified stock options. The accumulated number of shares of stock reserved for issuance as of June 30, 2016 and December 31, 2015 are 1,900,000 400,000 On November 27, 2015, the Company granted to two third party consultants, options to purchase 100,000 300,000 40,000 July 1, 2016 June 30, 2021 1.00 30,000 July 1, 2017 June 30, 2022 2.00 30,000 July 1, 2018 June 30, 2023 3.00 100,000 July 1, 2016 June 30, 2021 1.00 100,000 July 1, 2017 June 30, 2022 2.00 100,000 July 1, 2018 June 30, 2023 3.00 November 17, 2015 Expected dividend yield $ - Expected stock price volatility 0.01 % Risk free interest rate 0.32 % Expected life (years) 5 years On June 30, 2016, the Company approved the issuance of non-qualified stock options for the purchase of an aggregate of 1,500,000 500,000 July 1, 2017 June 30, 2022 1.00 500,000 July 1, 2018 June 30, 2023 2.00 500,000 July 1, 2019 June 30, 2024 3.00 June 30, 2016 Expected dividend yield $ - Expected stock price volatility 0.01 % Risk free interest rate 0.32 % Expected life (years) 5 years Shares Weighted Average Exercise Price Weighted- Average Remaining Aggregate Intrinsic Outstanding at December 31, 2015 400,000 $ 2.32 6.82 years $ - Granted 1,500,000 2.33 7.34 years - Exercised - - - - Cancelled and expired - - - - Forfeited - - - - Outstanding at June 30, 2016 1,900,000 $ 2.33 7.13 years $ - Vested and expected to vest at June 30, 2016 - - - $ - Exercisable at June 30, 2016 1,900,000 $ 2.33 7.13 years $ - The aggregate intrinsic value is calculated as the difference between the exercise price of the underlying awards and the quoted price of the Company’s common stock. There were no options exercised during the three and six months ended June 30, 2016. The estimated fair value of these options was $ 0

ISSUANCE OF COMMON STOCK

ISSUANCE OF COMMON STOCK	6 Months Ended
	Jun. 30, 2016
Stockholders' Equity Note [Abstract]
Stockholders' Equity Note Disclosure [Text Block]	12. ISSUANCE OF COMMON STOCK During the six months ended June 30, 2016, the Company issued an aggregate of 1,550,000 0.01

SUBSEQUENT EVENTS

SUBSEQUENT EVENTS	6 Months Ended
	Jun. 30, 2016
Subsequent Events [Abstract]
Subsequent Events [Text Block]	13. SUBSEQUENT EVENTS The Company’s management has performed subsequent events procedures through August 22, 2016, which is the date the consolidated financial statements were available to be issued. Except for the matter discussed below, there were no subsequent events requiring adjustment to or disclosure in the consolidated financial statements. On August 11, 2016, Mr. Hinman Au resigned from the Company as Chief Executive Officer ("CEO"), effective immediately. The Board of Directors of the Company has accepted Mr. Au’s resignation. Following Mr. Au’s departure, the Board appointed Mr. Max P. Chen, President and sole member of the Board, as interim CEO effectively August 11, 2016, until such time that the Company employs a new CEO.

SUMMARY OF SIGNIFICANT ACCOUN20

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	6 Months Ended
	Jun. 30, 2016
Accounting Policies [Abstract]
Basis of Accounting, Policy [Policy Text Block]	Basis of Accounting and Presentation The unaudited interim financial statements of the Company as of June 30, 2016 and for the three and six months ended June 30, 2016 and 2015, have been prepared in accordance with accounting principles generally accepted in the United States of America (“GAAP”) and the rules and regulations of the Securities and Exchange Commission (the “SEC”) which apply to interim financial statements. Accordingly, they do not include all of the information and footnotes normally required by accounting principles generally accepted in the United States of America for annual financial statements. In the opinion of management, such information contains all adjustments, consisting only of normal recurring adjustments, necessary for a fair presentation of the results for the periods presented. The results of operations for the three and six months ended June 30, 2016 are not necessarily indicative of the results to be expected for future quarters or for the year ending December 31, 2016. The accompanying consolidated financial statements have been prepared on the accrual basis of accounting in accordance with accounting principles generally accepted in the United States of America (“GAAP”). The consolidated financial statements are comprised of AEC Nevada and its wholly owned subsidiary, AEC New York. All significant intercompany accounts and transactions have been eliminated in consolidation.
Cash and Cash Equivalents, Policy [Policy Text Block]	Cash and Cash Equivalents The Company considers all liquid investments with an original maturity of three months or less to be cash equivalents.
Receivables, Trade and Other Accounts Receivable, Allowance for Doubtful Accounts, Policy [Policy Text Block]	Accounts Receivable The Company carries its accounts receivable at cost less an allowance for doubtful accounts if required. On a periodic basis, management evaluates accounts receivable balances and establishes an allowance for doubtful accounts, based on history of past write-offs and collections, when necessary. As of June 30, 2016, the Company considers all accounts receivable to be fully collectible and, therefore, did not provide for an allowance for doubtful accounts.
Revenue Recognition, Policy [Policy Text Block]	Revenue is recorded pursuant to Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) 605, Revenue Recognition The Company offers a limited refund policy to students who have received consulting services pursuant to our Career Program, where we assist them in identifying and applying to internship and/or work opportunities that are suitable to their educational background and experience level. The Company requires prepayment for these services where we assist them in identifying and applying to internship and/or work opportunities that are suitable to their educational background and experience level. Prior to the student clients successfully securing suitable internship and/or work opportunities, these prepayments are disclosed as “advances from clients” in the consolidated balance sheet. Part of the prepayment is subject to refund if our student clients are unable to secure suitable internship or work opportunities.
Concentration Risk, Credit Risk, Policy [Policy Text Block]	Concentration of Credit and Business Risk The Company maintains its cash accounts at 3 commercial banks. The Federal Deposit Insurance Corporation (“FDIC”) insures up to $ 250,000 162,000 The following table represents certain information about the Company’s major customers which individually accounted for more than 10 2016 Gross Revenue Percentage Accounts Receivable Percentage Customer 1 $ 526,220 13.5 % $ 16,220 1.7 % Customer 2 555,500 14.2 % - - Customer 3 1,165,120 29.8 % 738,650 78.4 % 2015 Gross Revenue Percentage Accounts Receivable Percentage Customer 1 $ 402,050 17.4 % $ 160,000 21.4 % Customer 2 320,000 13.8 % 35,245 4.7 % Customer 3 310,000 13.4 % - - Customer 4 300,000 13.0 % 300,000 40.2 %
Share-based Compensation, Option and Incentive Plans Policy [Policy Text Block]	Stock-Based Compensation The fair value of stock options issued to third party consultants and to employees, officers and directors are recorded in accordance with the measurement and recognition criteria of FASB ASC 505-50, Equity-Based Payments to Non-Employees Compensation – Stock Based Compensation The options are valued using the Black-Scholes valuation method. This model is affected by the Company’s stock price as well as assumptions regarding a number of subjective variables. These subjective variables include, but are not limited to the Company’s expected stock price volatility over the expected term of the awards, and actual and projected stock option exercise behaviors. Because the Company’s stock options have characteristics different from those of its traded stock, and because changes in the subjective input assumptions can materially affect the fair value estimate, in management’s opinion, the existing models do not necessarily provide a reliable single measure of the fair value of such stock.
Income Tax, Policy [Policy Text Block]	Income Taxes The Company accounts for income taxes in accordance with FASB ASC 740, Income Taxes ASC 740 also addresses the determination of whether tax benefits claimed or expected to be claimed on a tax return should be recorded in the financial statements. Under ASC 740, the Company may recognize the tax benefit from an uncertain tax position only if it is “more likely than not” that the tax position will be sustained on examination by the taxing authorities, based on the technical merits of the position. The tax benefits recognized in the financial statements from such a position would be measured based on the largest benefit that has a greater than 50% likelihood of being realized upon ultimate settlement. ASC 740 also provides guidance on derecognition of income tax assets and liabilities, classification of current and deferred income tax assets and liabilities, and accounting for interest and penalties associated with tax positions. As of June 30, 2016 and December 31, 2015, the Company does not have a liability for any unrecognized tax benefits.
Fair Value of Financial Instruments, Policy [Policy Text Block]	FASB ASC 820, Fair Value Measurement Level 1 Inputs – Unadjusted quoted market prices for identical assets and liabilities in an active market that the Company has the ability to access. Level 2 Inputs – Inputs other than the quoted prices in active markets that are observable either directly or indirectly. Level 3 Inputs – Inputs based on prices or valuation techniques that are both unobservable and significant to the overall fair value measurements. FASB ASC 820 requires the use of observable market data, when available, in making fair value measurements. When inputs used to measure fair value fall within different levels of the hierarchy, the level within which the fair value measurement is categorized is based on the lowest level input that is significant to the fair value measurement. Valuation techniques used need to maximize the use of observable inputs and minimize the use of unobservable inputs. The Company did not identify any assets or liabilities that are required to be presented at fair value on a recurring basis. Non-derivative financial instruments include cash, accounts receivable, prepaid expenses, accounts payable and accrued expenses, loan from stockholder and advances from clients. As of June 30, 2016 and December 31, 2015, the carrying values of these financial instruments approximated their fair values due to their short term nature.
Use of Estimates, Policy [Policy Text Block]	The preparation of financial statements in accordance with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect certain reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting periods. Actual results could differ from those estimates.
Earnings Per Share, Policy [Policy Text Block]	The Company computes net income (loss) per common share in accordance with FASB ASC 260, Earnings Per Share Diluted earnings per share is based on the assumption that all dilutive convertible shares and stock options are converted or exercised. Dilution is computed by applying the treasury stock method. Under this method, options and warrants are assumed to be exercised at the beginning of the period (or at the time of issuance, if later), and as if funds obtained thereby were used to purchase common stock at the average market price during the period. The Company’s common stock equivalents were excluded in the computation of diluted net (loss) per share since their inclusion would be anti-dilutive. Basic and diluted shares outstanding are the same for the three and six months ended June 30, 2015 and 2016. 2016 2015 Common stock equivalents – stock options 1,900,000 -

SUMMARY OF SIGNIFICANT ACCOUN21

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)	6 Months Ended
	Jun. 30, 2016
Accounting Policies [Abstract]
Schedules of Concentration of Risk, by Risk Factor [Table Text Block]	The following table represents certain information about the Company’s major customers which individually accounted for more than 10 2016 Gross Revenue Percentage Accounts Receivable Percentage Customer 1 $ 526,220 13.5 % $ 16,220 1.7 % Customer 2 555,500 14.2 % - - Customer 3 1,165,120 29.8 % 738,650 78.4 % 2015 Gross Revenue Percentage Accounts Receivable Percentage Customer 1 $ 402,050 17.4 % $ 160,000 21.4 % Customer 2 320,000 13.8 % 35,245 4.7 % Customer 3 310,000 13.4 % - - Customer 4 300,000 13.0 % 300,000 40.2 %
Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share [Table Text Block]	Total shares issuable upon the exercise of all outstanding stock options for the six months ended June 30, 2016 and 2015 were as follows: 2016 2015 Common stock equivalents – stock options 1,900,000 -

LEASE COMMITMENTS (Tables)

LEASE COMMITMENTS (Tables)	6 Months Ended
	Jun. 30, 2016
Leases [Abstract]
Operating Leases of Lessee Disclosure [Table Text Block]	Future minimum lease commitments are as follows: Year Ending December 31, Amount 2016 $ 360,606 2017 369,621 2018 378,862 2019 388,333 2020 418,604 Thereafter 2,105,734 Total $ 4,021,760

INCOME TAXES (Tables)

INCOME TAXES (Tables)	6 Months Ended
	Jun. 30, 2016
Income Tax Disclosure [Abstract]
Schedule of Deferred Tax Assets and Liabilities [Table Text Block]	The (benefit) provision for income taxes for the three and six months ended June 30 consist of the following: Three Months Ended June 30, Six Months Ended June 30, 2016 2015 2016 2015 Current $ (93,008) $ 30,552 $ 50 $ 30,552 Deferred (16,792) (37,021) (16,792) 94,651 Total $ (109,800) $ (6,469) $ (16,742) $ 125,203
Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]	Three Months Ended June 30, Six Months Ended June 30, 2016 2015 2016 2015 Tax at federal statutory rate (34.0) % 34.0 % (34.0) % 34.0 % State and local taxes, net of federal benefit (10.8) 10.8 (10.8) 10.8 Valuation allowance - (44.8) - - Non-deductible expenses 3.0 (2.0) 10.6 10.2 Total (41.8) % (2.0) % (34.2) % 55.0 %

STOCK OPTIONS (Tables)

STOCK OPTIONS (Tables)	6 Months Ended
	Jun. 30, 2016
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]	Weighted average assumptions used to estimate the fair value of stock options on the date of grant are as follows: November 17, 2015 Expected dividend yield $ - Expected stock price volatility 0.01 % Risk free interest rate 0.32 % Expected life (years) 5 years Weighted average assumptions used to estimate the fair value of stock options on the date of grant are as follows: June 30, 2016 Expected dividend yield $ - Expected stock price volatility 0.01 % Risk free interest rate 0.32 % Expected life (years) 5 years
Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block]	The Company will issue new shares of common stock upon the exercise of outstanding stock options. The following is a summary of stock option activity: Shares Weighted Average Exercise Price Weighted- Average Remaining Aggregate Intrinsic Outstanding at December 31, 2015 400,000 $ 2.32 6.82 years $ - Granted 1,500,000 2.33 7.34 years - Exercised - - - - Cancelled and expired - - - - Forfeited - - - - Outstanding at June 30, 2016 1,900,000 $ 2.33 7.13 years $ - Vested and expected to vest at June 30, 2016 - - - $ - Exercisable at June 30, 2016 1,900,000 $ 2.33 7.13 years $ -

ORGANIZATION AND BUSINESS (Deta

ORGANIZATION AND BUSINESS (Details Textual)	1 Months Ended
	May 31, 2014shares
AEC New York [Member]
ORGANIZATION AND BUSINESS [Line Items]
Shares Exchanged By Shareholder	200
AEC Nevada [Member]
ORGANIZATION AND BUSINESS [Line Items]
Shares Exchanged By Shareholder	10,563,000

SUMMARY OF SIGNIFICANT ACCOUN26

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details) - USD ($)	6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015
Customer 1 [Member] | Sales Revenue, Services, Net [Member]
Significant Accounting Policies [Line Items]
Gross Revenue	$ 526,220	$ 402,050
Percentage	13.50%	17.40%
Customer 1 [Member] | Accounts Receivable [Member]
Significant Accounting Policies [Line Items]
Percentage	1.70%	21.40%
Accounts Receivable	$ 16,220	$ 160,000
Customer 2 [Member] | Sales Revenue, Services, Net [Member]
Significant Accounting Policies [Line Items]
Gross Revenue	$ 555,500	$ 320,000
Percentage	14.20%	13.80%
Customer 2 [Member] | Accounts Receivable [Member]
Significant Accounting Policies [Line Items]
Percentage	0.00%	4.70%
Accounts Receivable	$ 0	$ 35,245
Customer 3 [Member] | Sales Revenue, Services, Net [Member]
Significant Accounting Policies [Line Items]
Gross Revenue	$ 1,165,120	$ 310,000
Percentage	29.80%	13.40%
Customer 3 [Member] | Accounts Receivable [Member]
Significant Accounting Policies [Line Items]
Percentage	78.40%	0.00%
Accounts Receivable	$ 738,650	$ 0
Customer 4 [Member] | Sales Revenue, Services, Net [Member]
Significant Accounting Policies [Line Items]
Gross Revenue		$ 300,000
Percentage		13.00%
Customer 4 [Member] | Accounts Receivable [Member]
Significant Accounting Policies [Line Items]
Percentage		40.20%
Accounts Receivable		$ 300,000

SUMMARY OF SIGNIFICANT ACCOUN27

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details 1) - shares	6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015
Employee Stock Option [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Common stock equivalents - stock options	1,900,000	0

SUMMARY OF SIGNIFICANT ACCOUN28

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details Textual)	6 Months Ended
	Jun. 30, 2016USD ($)
Significant Accounting Policies [Line Items]
Cash, FDIC Insured Amount	$ 250,000
Cash, Uninsured Amount	$ 162,000
Sales Revenue Gross [Member]
Significant Accounting Policies [Line Items]
Concentration Risk, Percentage	10.00%

SECURITY DEPOSITS (Details Text

SECURITY DEPOSITS (Details Textual) - USD ($)	Jun. 30, 2016	Dec. 31, 2015
Security Deposits [Line Items]
Deposits Assets, Noncurrent	$ 266,021	$ 266,021

DEFERRED REVENUE (Details Textu

DEFERRED REVENUE (Details Textual) - USD ($)	Jun. 30, 2016	Dec. 31, 2015
Deferred Revenue Arrangement [Line Items]
Deferred Revenue, Current	$ 0	$ 553,624

ADVANCES FROM CLIENTS (Details

ADVANCES FROM CLIENTS (Details Textual) - USD ($)	6 Months Ended	12 Months Ended
	Jun. 30, 2016	Dec. 31, 2015
Advances From Clients [Line Items]
Advances From Clients Revenue Recognized	$ 176,019	$ 63,679

RELATED-PARTY TRANSACTIONS (Det

RELATED-PARTY TRANSACTIONS (Details Textual) - Columbia International College, Inc [Member] - USD ($)	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015	Dec. 31, 2015
Related Party Transaction [Line Items]
Related Party Transaction, Rate			34.00%
Payments for Fees			$ 21,500		$ 21,500
Tuition Fees		$ 0		$ 5,000
Technology Services Costs	$ 5,000		$ 225,000

LONG-TERM LOAN (Details Textual

LONG-TERM LOAN (Details Textual) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015	Dec. 31, 2015	Dec. 01, 2014
Debt Instrument [Line Items]
Long-term Debt, Excluding Current Maturities	$ 295,579		$ 295,579		$ 295,579	$ 295,579
Debt Instrument, Interest Rate, Effective Percentage						10.00%
Interest Expense, Debt	$ 7,949	$ 16,570	$ 7,949	$ 16,570
Debt Instrument, Maturity Date			Dec. 12, 2019

LEASE COMMITMENTS (Details)

LEASE COMMITMENTS (Details)	Jun. 30, 2016USD ($)
Operating Leased Assets [Line Items]
2,016	$ 360,606
2,017	369,621
2,018	378,862
2,019	388,333
2,020	418,604
Thereafter	2,105,734
Total	$ 4,021,760

LEASE COMMITMENTS (Details Text

LEASE COMMITMENTS (Details Textual) - USD ($)	1 Months Ended	3 Months Ended			6 Months Ended		9 Months Ended
	Apr. 30, 2016	Jun. 30, 2016	Feb. 29, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015	Nov. 30, 2016	Dec. 31, 2017	Dec. 31, 2016
Operating Leased Assets [Line Items]
Lease Expiration Date					Mar. 31, 2017
Scenario, Forecast [Member]
Operating Leased Assets [Line Items]
Operating Leases, Future Minimum Payments Due, Future Minimum Sublease Rentals								$ 60,000	$ 199,500
Sublease One [Member]
Operating Leased Assets [Line Items]
Lease Expiration Date					Nov. 30, 2016
Operating Leases, Income Statement, Sublease Revenue	$ 20,000		$ 3,000
Sublease One [Member] | Scenario, Forecast [Member]
Operating Leased Assets [Line Items]
Operating Leases, Income Statement, Sublease Revenue							$ 1,500
Unrelated Party [Member]
Operating Leased Assets [Line Items]
Operating Leases, Rent Expense		$ 99,000		$ 69,000	$ 195,000	$ 141,000
Lease Expiration Date					Jul. 31, 2025

INCOME TAXES (Details)

INCOME TAXES (Details) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Income Taxes [Line Items]
Current	$ (93,008)	$ 30,552	$ 50	$ 30,552
Deferred	(16,792)	(37,021)	(16,792)	94,651
Total	$ (109,800)	$ (6,469)	$ (16,742)	$ 125,203

INCOME TAXES (Details 1)

INCOME TAXES (Details 1)	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Income Taxes [Line Items]
Tax at federal statutory rate	(34.00%)	34.00%	(34.00%)	34.00%
State and local taxes, net of federal benefit	(10.80%)	10.80%	(10.80%)	10.80%
Valuation allowance	0.00%	(44.80%)	0.00%	0.00%
Non-deductible expenses	3.00%	(2.00%)	10.60%	10.20%
Total	(41.80%)	(2.00%)	(34.20%)	55.00%

STOCK OPTIONS (Details)

STOCK OPTIONS (Details) - USD ($)	1 Months Ended	6 Months Ended
	Nov. 17, 2015	Jun. 30, 2016
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expected dividend yield	$ 0	$ 0
Expected stock price volatility	0.01%	0.01%
Risk free interest rate	0.32%	0.32%
Expected life (years)	5 years	5 years

STOCK OPTIONS (Details 1)

STOCK OPTIONS (Details 1) - USD ($)	6 Months Ended	12 Months Ended
	Jun. 30, 2016	Dec. 31, 2015
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares, Outstanding at December 31, 2015	400,000
Shares, Granted	1,500,000
Shares, Exercised	0
Cancelled and expired	0
Shares, Forfeited	0
Shares, Outstanding at June 30, 2016	1,900,000	400,000
Shares, Vested and expected to vest at June 30, 2016	0
Shares, Exercisable at June 30, 2016	1,900,000
Weighted Average Exercise, PriceOutstanding at December 31, 2015	$ 2.32
Weighted Average Exercise, Granted	2.33
Weighted Average Exercise, Exercised	0
Weighted Average Exercise, Cancelled and expired	0
Weighted Average Exercise, Forfeited	0
Weighted Average Exercise, Outstanding at June 30, 2016	2.33	$ 2.32
Weighted Average Exercise, Vested and expected to vest at June 30, 2016	0
Weighted Average Exercise, Exercisable at June 30, 2016	$ 2.33
Weighted- Average Remaining Contractual Life, Outstanding	7 years 1 month 17 days	6 years 9 months 25 days
Weighted- Average Remaining Contractual Life, Granted	7 years 4 months 2 days
Weighted- Average Remaining Contractual Life, Vested and expected to vest at June 30, 2016	0 years
Weighted- Average Remaining Contractual Life, Exercisable at June 30, 2016	7 years 1 month 17 days
Aggregate Intrinsic Value, Outstanding	$ 0	$ 0
Aggregate Intrinsic Value, Vested and expected to vest at June 30, 2016	0
Aggregate Intrinsic Value, Exercisable at June 30, 2016	$ 0

STOCK OPTIONS (Details Textual)

STOCK OPTIONS (Details Textual) - $ / shares	1 Months Ended	3 Months Ended		6 Months Ended
	Nov. 27, 2015	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015	Dec. 31, 2015
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Common Stock, Capital Shares Reserved for Future Issuance		1,900,000		1,900,000		400,000
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross				1,500,000
Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Outstanding, Number		0		0
Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Outstanding, Weighted Average Exercise Price		$ 0		$ 0
Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested, Weighted Average Grant Date Fair Value		$ 0	$ 0	$ 0	$ 0
Non-Qualified Stock Options [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Authorized		1,500,000		1,500,000
Share-based Compensation Award, Tranche One [Member] | Non-Qualified Stock Options [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share Based Compensation Arrangement By Share Based Payment Award Vesting Date				Jul. 1, 2017
Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Outstanding, Number		500,000		500,000
Share-based Compensation Arrangement by Share-based Payment Award, Expiration Date				Jun. 30, 2022
Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Outstanding, Weighted Average Exercise Price		$ 1		$ 1
Share-based Compensation Award, Tranche Two [Member] | Non-Qualified Stock Options [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share Based Compensation Arrangement By Share Based Payment Award Vesting Date				Jul. 1, 2018
Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Outstanding, Number		500,000		500,000
Share-based Compensation Arrangement by Share-based Payment Award, Expiration Date				Jun. 30, 2023
Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Outstanding, Weighted Average Exercise Price		$ 2		$ 2
Share-based Compensation Award, Tranche Three [Member] | Non-Qualified Stock Options [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share Based Compensation Arrangement By Share Based Payment Award Vesting Date				Jul. 1, 2019
Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Outstanding, Number		500,000		500,000
Share-based Compensation Arrangement by Share-based Payment Award, Expiration Date				Jun. 30, 2024
Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Outstanding, Weighted Average Exercise Price		$ 3		$ 3
Consultant One [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross	100,000
Consultant One [Member] | Share-based Compensation Award, Tranche One [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share Based Compensation Arrangement By Share Based Payment Award Vesting Date	Jul. 1, 2016
Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Outstanding, Number	40,000
Share-based Compensation Arrangement by Share-based Payment Award, Expiration Date	Jun. 30, 2021
Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Outstanding, Weighted Average Exercise Price	$ 1
Consultant One [Member] | Share-based Compensation Award, Tranche Two [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share Based Compensation Arrangement By Share Based Payment Award Vesting Date	Jul. 1, 2017
Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Outstanding, Number	30,000
Share-based Compensation Arrangement by Share-based Payment Award, Expiration Date	Jun. 30, 2022
Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Outstanding, Weighted Average Exercise Price	$ 2
Consultant One [Member] | Share-based Compensation Award, Tranche Three [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share Based Compensation Arrangement By Share Based Payment Award Vesting Date	Jul. 1, 2018
Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Outstanding, Number	30,000
Share-based Compensation Arrangement by Share-based Payment Award, Expiration Date	Jun. 30, 2023
Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Outstanding, Weighted Average Exercise Price	$ 3
Consultant Two [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross	300,000
Consultant Two [Member] | Share-based Compensation Award, Tranche One [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share Based Compensation Arrangement By Share Based Payment Award Vesting Date	Jul. 1, 2016
Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Outstanding, Number	100,000
Share-based Compensation Arrangement by Share-based Payment Award, Expiration Date	Jun. 30, 2021
Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Outstanding, Weighted Average Exercise Price	$ 1
Consultant Two [Member] | Share-based Compensation Award, Tranche Two [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share Based Compensation Arrangement By Share Based Payment Award Vesting Date	Jul. 1, 2017
Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Outstanding, Number	100,000
Share-based Compensation Arrangement by Share-based Payment Award, Expiration Date	Jun. 30, 2022
Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Outstanding, Weighted Average Exercise Price	$ 2
Consultant Two [Member] | Share-based Compensation Award, Tranche Three [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share Based Compensation Arrangement By Share Based Payment Award Vesting Date	Jul. 1, 2018
Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Outstanding, Number	100,000
Share-based Compensation Arrangement by Share-based Payment Award, Expiration Date	Jun. 30, 2023
Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Outstanding, Weighted Average Exercise Price	$ 3

ISSUANCE OF COMMON STOCK (Detai

ISSUANCE OF COMMON STOCK (Details Textual) - Common Stock [Member]	6 Months Ended
	Jun. 30, 2016$ / sharesshares
Class of Stock [Line Items]
Stock Issued During Period, Shares, New Issues | shares	1,550,000
Shares Issued, Price Per Share | $ / shares	$ 0.01