XML 24 R13.htm IDEA: XBRL DOCUMENT v3.8.0.1
Common Stock (Tables)
9 Months Ended
Sep. 30, 2017
Equity [Abstract]  
Summary of Common Stock Issuances

The following table summarizes common stock issuances:

 

       

Number of

Shares

    Common Stock Amount  
                 
Balance as of December 31, 2016         67,199,362       67,199  
Shares issued for investment and held in escrow   a     -       -  
Shares issued for investment and held in escrow   b     -       -  
Balance as of September 30, 2017         67,199,362       67,199  

 

a) On January 19, 2015, the Company issued 950,000,000 shares of restricted common stock for the purchase of 100% shares of Asia Innovation Technology Limited and its assets. The acquisition has not yet closed on the date of this filing and the shares are held in escrow as disclosed in Note 5.
   
b) On April 14, 2017, the Company issued 600,000,000 shares of restricted common stock for the purchase of 100% shares of Sino King Management Limited and its assets. The acquisition has not yet closed on the date of this filing and the shares are held in escrow as disclosed in Note 5.