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WWA GROUP INC. CONSOLIDATED STATEMENTS OF INCOME YEARS ENDED DECEMBER 31, 2011 AND 2010 (USD $)
12 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Revenues    
Sales Revenue, Sales of Equipment   $ 72,600
Revenues   84,770
Cost of Revenue    
Direct Cost of Commissions and services   9,646
Direct Costs of Sales of equipment   68,371
Gross Profit   6,753
Operating Expenses    
Selling, General and Administrative Expense 120,408 143,733
Salaries and wages 6,408 42,201
Selling and Marketing Expense   2,878
Depreciation and amortization Expense   18,827
Operating Expenses 126,816 207,638
Operating Income (Loss) (126,816) (200,884)
Interest and Debt Expense    
Interest Expense (1,644) (318,282)
Income (Loss) from Equity Method Investments (2,475,661) 47,353
Investment Income, Net 68,541 0
Impairment of Notes Receivables Income (1,711,003) 0
Interest and Debt Expense (4,384,594) (270,929)
Income (Loss) from Continuing Operations before Income Taxes, Extraordinary Items, Noncontrolling Interest (4,511,410) (471,813)
Income (Loss) from Continuing Operations, Including Portion Attributable to Noncontrolling Interest (4,511,410) (471,813)
Gains (Losses) on Sales of World Wide Auctioneers Ltd and Crown Diamond Holdings Ltd   (749,227)
Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest (12,111) (453,531)
Net Income (Loss) Attributable to Parent $ (4,499,299) $ (1,660,570)
Earnings Per Share    
Weighted Average Number of Shares Outstanding, Basic 22,591,922 22,591,922
Weighted Average Number of Shares Outstanding, Diluted 22,591,922 22,591,922
Earnings Per Share, Basic and Diluted Continued Operations $ (0.20) $ (0.02)
Earnings Per Share, Basic and Diluted Discontinued Operations   $ (0.02)