0001096906-13-001336.txt : 20130813 0001096906-13-001336.hdr.sgml : 20130813 20130813170201 ACCESSION NUMBER: 0001096906-13-001336 CONFORMED SUBMISSION TYPE: 10-Q PUBLIC DOCUMENT COUNT: 9 CONFORMED PERIOD OF REPORT: 20130630 FILED AS OF DATE: 20130813 DATE AS OF CHANGE: 20130813 FILER: COMPANY DATA: COMPANY CONFORMED NAME: AMANASU TECHNO HOLDINGS CORP CENTRAL INDEX KEY: 0001168663 STANDARD INDUSTRIAL CLASSIFICATION: MOTORCYCLES, BICYCLES & PARTS [3751] IRS NUMBER: 980351508 STATE OF INCORPORATION: NV FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 10-Q SEC ACT: 1934 Act SEC FILE NUMBER: 001-31261 FILM NUMBER: 131033794 BUSINESS ADDRESS: STREET 1: 11TH FLOOR 115 EAST 57TH STREET CITY: NEW YORK STATE: NY ZIP: 10022 BUSINESS PHONE: 6462741274 MAIL ADDRESS: STREET 1: 11TH FLOOR 115 EAST 57TH STREET CITY: NEW YORK STATE: NY ZIP: 10022 FORMER COMPANY: FORMER CONFORMED NAME: AMANASU TECHNOLOGIES CORP DATE OF NAME CHANGE: 20020307 10-Q 1 amanasutechno.htm AMANASU TECHNO HOLDINGS CORPORATION 10Q 2013-06-30 amanasutechno.htm
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
 
 
FORM 10-Q
 
[ X ] ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
 
For the period ended June 30, 2013
 
[     ] TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
 
For the transition period from ______________ to ________________
 
Commission File Number: 001-31261
 
AMANASU TECHNO HOLDINGS CORPORATION
 
 
(Exact name of registrant as specified in its charter)
 
Nevada
  
98-031508
(State of other jurisdiction of incorporation or organization)
  
(I.R.S. Employer Identification No.)
 
445 Park Avenue Center 10th Floor New York, NY 10022
(Address of principal executive offices)
 
604 790 8799
(Registrant's telephone number, including area code)
 
Securities registered pursuant to Section 12(b) of the Act:
 
Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.
 
Yes
X
  
No
  
 
Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company. See the definitions of "large accelerated filer," "accelerated filer" and "smaller reporting copany" in Rule 12b-2 of the Exchange Act.
 
Large accelerated filer
    
Accelerated filer
  
Non-accelerated filer
  
(Do not check if a smaller reporting company)
Smaller reporting company
X
 
Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).
 
Yes
    
No
X

APPLICABLE ONLY TO ISSUERS INVOLVED IN BANKRUPTCY PROCEEDINGS DURING THE PRECEDING FIVE YEARS:
 
Indicate by check mark whether the registrant has filed all documents and reports required to be filed by sections 12, 13, or 15(d) of the Securities Exchange Act of 1934 subsequent to the distribution of securities under a plan confirmed by a court.
 
Yes
    
No
  

APPLICABLE ONLY TO CORPORATE ISSUERS:
 
Indicate the number of shares outstanding of each of the issuers classes of common stock, as of the latest practiable date: 46,706,300 as of August 5, 2013.

 
 
 

AMANASU TECHNO HOLDINGS CORPORATION
 
QUARTERLY REPORT ON FORM 10-Q
 
FOR THE PERIOD ENDED JUNE 30, 2013
 
TABLE OF CONTENTS
 
Reference
Section Name
Page
     
PART I
    
Item 1.
Financial Statements
1
     
Item 2.
Management's Discussion and Analysis of Financial Conditions and Results of Operations
6
     
Item 3.
Quantitative and Qualitative Disclosures About Market Risk
10
     
Item 4.
Controls and Procedures
10
     
PART II
    
Item 1.
Legal Proceedings
11
     
Item 1A.
Risk Factors
11
     
Item 2.
Unregistered Sales of Equity Securities and Use of Proceeds
11
     
Item 3.
Default Upon Senior Securities
11
     
Item 4.
Submission Of Matters To A Vote Of Security Holders
11
     
Item 5.
Other Information
11
     
Item 6.
Exhibits
12
     
Signatures
Signatures
12
 
 
 
 
 
PART I
 
ITEM 1. FINANCIAL STATEMENTS

AMANASU TECHNO HOLDINGS CORPORATION
(A Development Stage Company)
CONDENSED CONSOLIDATED BALANCE SHEETS
(Unaudited)

   
June 30,
2013
    
December 31,
2012
  
ASSETS
            
             
Cash
  
$
45,109
    
$
3,981
  
Total current assets
    
45,109
      
3,981
  
                 
Other Assets - due from affiliate
    
3,800
      
-
  
                 
Total Assets
  
$
48,909
    
$
3,981
  
                 
LIABILITIES & STOCKHOLDER'S DEFICIT
                
Current Liabilities:
                
Advance
  
$
99,900
    
$
99,900
  
                 
Advances from shareholder and officers
    
220,835
      
225,835
  
Interest due to shareholder and officers
    
26,997
      
21,977
  
Rent due to officer
    
3,750
      
3,750
  
                 
Accrued expenses
    
22,154
      
6,265
  
                 
Total current liabilities
    
373,636
      
357,727
  
                 
Stockholders' Deficit:
                
                 
Common Stock: authorized 100,000,000 shares of $.001 par value;46,756,300 and 46,706,300 shares issued and outstanding, respectively
    
46,756
      
46,706
  
Additional paid in capital
    
1,343,091
      
1,293,141
  
Paid in capital options
    
10,000
      
10,000
  
Deficit accumulated during development stage
    
(1,724,574
)
    
(1,703,593
)
Total stockholders' deficit
    
(324,727
)
    
(353,746
)
                 
Total Liabilities and Stockholders' Deficit
  
$
48,909
    
$
3,981
  

The accompanying notes are an integral part of these financial statements.

 
1
 

AMANASU TECHNO HOLDINGS CORPORATION
(A Development Stage Company)
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND DEFICIT
ACCUMULATED DURING DEVELOPMENT STAGE
Three Month Periods Ended June 30, 2013 and 2012, and For the Period
December 1, 1997 (Date of Inception of Development Stage) to June 30,2013
(Unaudited)

   
2013
    
2012
    
December 1, 1997
(Date of Inception of
Development
 Stage) to
June 30,
 2013
  
                         
Revenue
  
$
-
    
$
-
    
$
124,461
  
Cost of Goods Sold
    
-
      
-
      
23,980
  
Gross Profit
    
-
      
-
      
100,481
  
                         
Selling and administrative expenses
    
15,961
      
21,997
      
1,176,556
  
Write off of inventory
    
-
      
-
      
68,288
  
                         
Impairment expense
    
-
      
-
      
103,528
  
Total expenses of continuing entity
    
15,961
      
21,997
      
1,348,372
  
Operating loss of continuing entity
    
(15,961
)
    
(21,997
)
    
(1,247.891
)
                         
Other Income (Expense):
                        
Interest Income
    
-
      
-
      
4
  
Other Income
    
-
      
-
      
3,550
  
Interest Expense
    
(2,508
)
    
(3,042
)
    
(29,283
)
Net loss accumulated during development stage of continuing operations
    
(18,469
)
    
(25,039
)
    
(1,273,620
)
Net loss accumulated during development stage of discontinued operations
    
-
      
-
      
(450,954
)
Net loss accumulated during development stage
    
(18,469
)
    
(25,039
)
    
(1,724,574
)
                         
Other comprehensive loss: of discontinued entity
                        
Foreign currency adjustments
    
-
      
-
      
(74,128
)
                         
Total Comprehensive Loss- continuing operations
    
(18,469
)
    
(25,039
)
    
( 1,273,620
)
Total comprehensive loss-discontinued entity
    
-
      
-
      
(525,082
)
Total comprehensive loss
  
$
(18,469
)
  
$
(25,039
)
    
(1,798,702
)
                         
Loss per share - Basic and Diluted-continuing entity
  
$
-
    
$
-
          
Loss per share-basic and diluted – discontinued entity
  
$
-
    
$
-
          
Weighted average number of common shares outstanding
    
46,715,641
      
46,706,300
          

The accompanying notes are an integral part of these financial statements.

 
2
 

AMANASU TECHNO HOLDINGS CORPORATION
(A Development Stage Company)
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND DEFICIT
ACCUMULATED DURING DEVELOPMENT STAGE
Six Month Periods Ended June 30, 2013 and 2012, and For the Period
December 1, 1997 (Date of Inception of Development Stage) to June 30,2013
(Unaudited)

   
2013
    
2012
    
December 1, 1997
(Date of Inception of
Development
 Stage) to
June 30,
2013
  
                         
Revenue
  
$
-
    
$
-
    
$
124,461
  
Cost of Goods Sold
    
-
      
-
      
23,980
  
Gross Profit
    
-
      
-
      
100,481
  
                         
Selling and administrative expenses
    
15,961
      
23,227
      
1,176,556
  
Write off of inventory
    
-
      
-
      
68,288
  
                         
Impairment expense
    
-
      
-
      
103,528
  
Total expenses of continuing entity
    
15,961
      
23,227
      
1,348,372
  
Operating loss of continuing entity
    
(15,961
)
    
(23,227
)
    
(1,247.891
)
                         
Other Income (Expense):
                        
Interest Income
    
-
      
-
      
4
  
Other Income
    
-
      
-
      
3,550
  
Interest Expense
    
(5,020
)
    
(5,025
)
    
(29,283
)
Net loss accumulated during development stage of continuing operations
    
(20,981
)
    
(28,252
)
    
(1,273,620
)
Net loss accumulated during development stage of discontinued operations
    
-
      
(9,234
)
    
(450,954
)
Net loss accumulated during development stage
    
(20,981
)
    
(37,486
)
    
(1,724,574
)
                         
Other comprehensive loss: of discontinued entity
                        
Foreign currency adjustments
    
-
      
(5,244
)
    
(74,128
)
                         
Total Comprehensive Loss- continuing operations
    
(20,981
)
    
(28,252
)
    
( 1,273,620
)
Total comprehensive loss-discontinued entity
    
-
      
(14,478
)
    
(525,082
)
Total comprehensive loss
  
$
(20,981
)
  
$
(42,730
)
    
(1,798,702
)
                         
Loss per share - Basic and Diluted-continuing entity
  
$
-
    
$
-
          
Loss per share-basic and diluted – discontinued entity
  
$
-
    
$
-
          
Weighted average number of common shares outstanding
    
46,710,300
      
46,706,300
          

The accompanying notes are an integral part of these financial statements.

 
3
 

AMANASU TECHNO HOLDINGS CORPORATION
(A Development Stage Company)
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS
For the Six Month Periods Ended June 30, 2013 and 2012 and
For the Period December 1, 1997 (Date of Inception of Development Stage) to December 31, 2012

   
2013
    
2012
    
December 1, 1997
(Date of Inception
of Development
Stage) To
June 31, 2013
  
CASH FLOWS FROM OPERATIONS
                  
Net loss from continuing operations
  
$
(20,981)
    
$
(28,252)
    
$
(1,273,620)
  
Adjustments to reconcile net loss to net cash consumed by operating activities of continuing operations
                        
Charges not requiring outlay of cash:
                        
Depreciation
    
-
      
-
      
1,500
  
Impairment
    
-
      
-
      
96,262
  
Equity items issued for services
    
-
      
-
      
21,300
  
                         
Changes in assets and liabilities:
                        
                         
Increase (decrease) in accrued expenses
    
15,889
      
(5,715)
      
65,345
  
                         
Increases in accrued interest payable to related parties
    
5,020
      
5,025
      
39,349
  
Net Cash Consumed By Operating Activities of Continuing Operations
    
(72
)
    
(28,942)
      
(1,049,864)
  
Net Cash Consumed by Operating Activities of Discontinued Operations
    
-
      
(53)
      
(106,781)
  
        Cash Consumed by Operating Activities
    
(72
)
    
(28,995)
      
(1,156,645)
  
                         
CASH FLOWS FROM INVESTING ACTIVITIES
                        
Purchase of automobile
    
-
      
-
      
(1,500)
  
Advance to affiliate
    
(3,800
)
    
-
      
(3,800)
  
Payment of amounts due for licensing agreements
    
-
      
-
      
(168,885)
  
Proceeds of sale of subsidiary
    
-
      
10,000
      
10,000
  
Net Cash (Consumed) Provided by Investing Activities of Continuing Operations
    
(3,800
)
    
10,000
      
(164,185)
  
Net Cash Consumed by Investing Activities of Discontinued Operations
            
-
      
(160,228)
  
        Cash (Consumed) Provided by Investing Activities
    
(3,800
)
    
10,000
      
(324,413)
  
                         
CASH FLOWS FROM FINANCING ACTIVITIES
                        
Proceeds of short term loan
    
-
      
-
      
68,261
  
Advance received
    
-
      
-
      
99,900
  
Issuances of common stock to investors
    
50,000
      
-
      
860,093
  
Shareholder deposits for common stock
    
-
      
-
      
70,000
  
Proceeds of loans from shareholder and officers
    
-
      
80,000
      
370,436
  
Repayment of loans from shareholder and officers
    
(5,000
)
    
(53,260)
      
(138,260)
  
Advances from affiliate
    
-
      
-
      
200,000
  
Repayment of advances from affiliate
    
-
      
-
      
(200,000)
  
Net Cash Provided By Financing Activities of Continuing Operations
    
45,000
      
26,740
      
1,330,430
  
Total Cash Provided by Financing Activities of Discontinued Operations
    
-
      
-
      
195,737
  
        Cash Provided by Financing Activities
    
45,000
      
-
      
1,526,167
  
                         
Net Change In Cash
                        
                         
Continuing Operations
    
41,128
      
7,798
      
-
  
Discontinued Operations
    
-
      
(53)
      
-
  
Cash balance, beginning of period
                    
-
  
Continuing Operations
    
3,981
      
1,895
      
-
  
Discontinued Operations
    
-
      
53
          
Cash balance, end of period - Continuing Operations
  
$
45,109
    
$
9,693
    
$
45,109
  

The accompanying notes are an integral part of these financial statements.

 
4
 

AMANASU TECHNO HOLDINGS CORPORATION
(A Development Stage Company)
NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS
June 30, 2013
(Unaudited)


1. BASIS OF PRESENTATION

The unaudited interim consolidated financial statements of Amanasu Techno Holdings Corporation ("the Company") as of June 30, 2013 and 2012 and for the three and six month periods ended June 30, 2013 and 2012, have been prepared in accordance with accounting principles generally accepted in the United States of America. In the opinion of management, such information contains all adjustments, consisting only of normal recurring adjustments, necessary for a fair presentation of the results of such periods. The results of operations for the three and six month periods ended June 30, 2013 are not necessarily indicative of the results to be expected for the full fiscal year ending December 31, 2013.

Certain information and disclosures normally included in the notes to financial statements have been condensed or omitted as permitted by the rules and regulations of the Securities and Exchange Commission, although the Company believes the disclosure is adequate to make the information presented not misleading. The accompanying unaudited financial statements should be read in conjunction with the financial statements of the Company for the year ended December 31, 2012.

2. GOING CONCERN UNCERTAINTY

The accompanying financial statements have been prepared assuming that the Company will continue as a going concern. As shown in the financial statements, the Company had a material working capital deficiency, accumulated deficit, and a record of continuing losses. These factors raise substantial doubt about the ability of the Company to continue as a going concern. The financial statements do not include adjustments relating to the recoverability of assets and classification of liabilities that might be necessary should the Company be unable to continue in operation.

The Company's present plans, the realization of which cannot be assured, to overcome these difficulties include but are not limited to a continuing effort to investigate business acquisitions and joint ventures.

3. SUPPLEMENTAL DISCLOSURES OF CASH FLOWS INFORMATION

There was no cash paid for interest or income taxes during either of the periods presented.

4. SALE OF SUBSIDIARY AND DISCONTINUED OPERATIONS

On February 7, 2012, the Company sold its interest in a subsidiary, Amanasu Support Corporation, to its parent for $10,000 cash. This was a transaction between companies under common control. For that reason, no gain or loss was recognized. The subsidiary had an excess of liabilities over the assets transferred; the excess was added to paid in capital.

The operations of the subsidiary are deemed discontinued and the statements of operations and cash flows distinguish between continuing and discontinued operations.

5. SALE OF CAPITAL STOCK

On June 13, 2013 50,000 shares of common stock were sold for $50,000 to a non-related party.

 
5
 

ITEM 2. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS

This Form 10Q contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may," "future," "plan" or "planned," "will" or "should," "expected," "anticipates," "draft," "eventually" or "projected." You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a companies' annual report on Form 10-KSB and other filings made by such company with the United States Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements.

The following discussion should be read in conjunction with the Company's Financial Statements, including the Notes thereto, appearing elsewhere in this Quarterly Report and in the Annual Report for the year ended December 31, 2012.

COMPANY OVERVIEW

Amanasu Techno Holdings Corporation ("Company") was incorporated in the State of Nevada on December 1, 1997 under the name of Avani Manufacturing (China) Inc. The Company changed its name to Genesis Water Technology on August 17, 1999, and to Supreme Group International, Inc. on December 24, 2000. On June 7, 2001, it changed its name to Amanasu Technologies Corporation. It changed its name again on December 21, 2007 to Amanasu Techno Holdings Corporation.The Company is a development stage company, and has not conducted any operations or generated any revenue since its inception.

The Company's principal offices were relocated on April 1, 2010 from 115 East 57th Street 11th Floor New York, NY 10022, to 445 Park Avenue Center 10th floor New York, NY 10022 Telephone: 212-836-4727 . The Tokyo branch has relocated from 1-7-10 Motoakasaka Minato-Ku Tokyo Japan to 3-7-11 Azabujuubann Minato-Ku Tokyo Japan. Telephone: 03-3451-8870.

Current

As of April 27th, 2009, Amanasu Techno Holdings Corporation (herein after the "Company"), acquired Amanasu Water Corporation from its brother company Amanasu Environment Corporation and renamed it Amanasu Support Corporation. Amanasu Support Company was sold to Amanasu Corporation (Japan), the parent company of Amanasu Techno Holdings, during the year ended December 31, 2012.

The Company will continue to manufacture and market 2 technologies which the Company believes have great market potential.

 
6
 
 
The first technology is a fast microbe detection system for processed and unprocessed foods, called Biomonitec Glaze by NMG Inc, a Japanese corporation. Traditional microbe level detection systems take at least 24 hours to process; however, this mobile system can process the same information in 15 minutes. The Company is currently searching for investment partners to fund initial sales and marketing efforts.

The second technology is an automated personal waste collection and cleaning machine Haruka (formerly "Heartlet"), developed by Nanomax Corporation in Japan. The Haruka is a machine used in retirement homes, hospitals, and even in private residences. The Haruka allows the patient maximum comfort. The Haruka lowers the burden on the caretaker with an automated cleaning system. This machine is the only machine in its class to have a 90% government rebate, which the company believes makes the technology, extremely competative even in the current global economic crisis. The company obtained sales and manufacturing rights to the Haruka brand and is now seeking, manufacturing partners.

History

The Company is a development stage company and significant risks exist with respect to its business (see "Cautionary Statements" below). The Company received the exclusive worldwide rights to a high efficiency electrical motor and a high-powered magnet both of which are used in connection with an electrical motor scooter. The technologies were initially acquired under a license agreement with Amanasu Corporation, formerly Family Corporation. Amanasu Corporation, a Japanese company and the Company's largest shareholder, acquired the rights to the technologies under a licensing agreement with the inventors. Amanasu Corporation subsequently transferred the right to the Company, and the Company succeeded to the exclusive, worldwide rights. Atsushi Maki, a director and officer of the Company, is the sole shareholder of Amanasu Corporation. At this time, the Company is not engaged in the commercial sale of any of its licensed technologies. Its operations to date have been limited to acquiring the technologies, constructing four proto-type motor scooters and various testing of the technologies and the motor scooter.

The market place for electric scooters has become intensely competitive, thus offering rapid battery recharge time and more economical sale prices are prerequisites to compete successfully. To meet the economical sale price requirement the Company planned to conduct their manufacturing in China to reduce cost, and hoped it would meet the Company's expectations; however, significant difficulty with protecting the Company's proprietary technology unexpectedly emerged. In addition to proprietary issues, there were major concerns in customer service follow-ups (i.e. product warranty, maintenance, etc). The Company realized that with minimal control of the manufacturing standards in China, the result of safety related incidents, if not managed appropriately, would prove to be an overwhelming liability for the Company. To solve the two major issues, the Company decided to initiate a cooperative with a company that already produces completed electric scooters in a successful marketing condition. Evader Motersports, Inc. ("Evader"), an electric motorcycle producer, entered into an International Distributor Agreement, whereby the Company is appointed as an exclusive distributor of Evader products. Evader, in turn, would manage customer-service concerns. The Company was granted the exclusive rights for the motorcycle retail industry in Japan, with the right to include other marketing channels provided that it was agreed upon by both parties. The Company also considered Evader as a prospective company to share its technology with to create improved and more advanced electric scooters. The Company believed that with a combined effort using both companies' resources and technology, the resulting product would make a stronger impact on the market.

Further marketing research was carried out comparing current electric scooters on the market and Evader's scooters. The research concluded that further refinement in several areas were required. First the retail price of the Evader scooters was too high to be competitive in the Japanese market. The research also found that a new company recently began importing electric scooters from China to Japan directly. The quality of their product is unclear; however, the retail price of the new company's product effectively competes in the Japanese market. The refinements needed to make the Evader scooters competitive economically would take too much time, thus the Company has decided to discontinue business relations with Evader, and abandon the electric scooter project; however, the Company still holds the related patents.

In place of the electric scooter, other projects including a cooperative effort with Seems Inc., formerly introduced as PixenInc and their breakthrough "Bio-scent technology" are in development. Seems Inc. is a Pioneer in the newly developed bio-scent technology industry. Bio-scent technology involves the application of "scent data transmission", a digitized form of scents, in various industries such as biotechnology, medical care, environment, security, etc in addition to common aroma therapy. Due to its revolutionary technologies, Seems has been able to become a multi-million dollar company in less than 6 years and is expected to become public. Its DAA (Defensive Aromatic Air) is its current flagship product.

 
7
 
 
In addition to being an air purifying system, Seems' DAA effectively removes up to 91% of air pollutants such as ammonia, and by products of cigarette smoke. It also provides odor neutralization , and air-borne anti-bacterial effects. Seems has also developed a scent-particle sensor, which is programmable to detect certain scent particles. This sensor is 1000 times more sensitive than even a dogs sense of smell. This scent detection system can be applied in fields such cancer detection. All diseases carry a scent profile that is undetectable by the human senses. Seems's sensor is able to detect these scent profiles and display the digitized scent data.
 
With uncertainty in the amount of time taken to obtain approval from the FDA for various technologies by Seems Inc, the Company decided to begin a new project in the Food/Beverage industry, specifically Franchise management under the new leadership of Yukinori Yoshino, who was appointed President of the Company as of October 16th, 2007; however, due to personal reasons unrelated to the Company, Mr. Yoshino stepped down as President as of May 11, 2009, with the Chairman Mr. Atsushi Maki assuming the position of Chief Executive Officer.
 
PRODUCTS

Electric Motor Scooter

The Company initial intentions were to participate in the emerging electric vehicle market by using its licensed technologies to design, manufacture, and market lightweight, electric motor scooters. The Company planned to provide its own battery charging technology to Evader Motorcycle, Inc. to develop an improved electric scooter aiming at the Japan and Southeast Asian markets; however, with recently marketing research, the Evader product was not able to meet the Company's pricing standards. The Company's electric scooter project will be on hold until more customer-service related resources can be attained.

Automated Human Waste Disposal Unit “Haruka”

This technology collects human waste of hospital, and other care facility patients on an individual basis through an automated system (patents pending). The non-invasive collection mechanism is fastened to patient, which in turn is connected to the collector itself. The part attached to the patient contains several cleaning mechanisms, which are activated automatically through the unit's controller. The collection unit can then be emptied by an attending care professional when the unit is full.

The Company believes that the hospital, and related care industries will greatly benefit from this form of technology. With an automated system, care professional will be able to more effectively allocate their time to more critical patient needs, while at the same time the patient is provided with more comfort. The Company plans to utilize government health care initiatives to reduce the cost the purchaser (varies by market), which the company believes is the cornerstone to the project that will in turn help revolutionize the care industry.

The Company believes that the Haruka is a Class I medical device, which has a much shorter approval process. The Company has tentative plans for production, however, cannot guarantee this schedule.

PLAN OF OPERATION

The Company is a development stage corporation. It has not commenced its planned operations of manufacturing and marketing.  Its operations to date have been limited to conducting various tests on its technologies.

The Company will continue to develop and market two technologies which the Company believes have great market potential.

 
8
 
 
The first technology is a fast microbe detection system for processed and unprocessed foods, called Biomonitec Glaze by NMG Inc, a Japanese corporation. Traditional microbe level detection systems take at least 24 hours to process; however, this mobile system can process the same information in 15 minutes. The Company is currently searching for investment partners to fund initial sales and marketing efforts.
 
The second technology is a automated personal waste collection and cleaning machine Haruka (formerly "Heartlet"), developed by Nanomax Corporation in Japan. The Haruka is a machine used in retirement homes, hospitals, and even in private residences. The Haruka allows the patient maximum comfort. The Haruka lowers the burden on the caretaker with an automated cleaning system. This machine is the only machine in its class to have a 90% government rebate, which the company believes makes the technology extremely competative even in the current global economic crisis. The company obtained sales and manufacturing rights to the Haruka brand and is now currently seeking, manufacturing partners.

The Company will also be concentrating its efforts on capital raising efforts to enter into the NASDAQ Global Market. The Company satisfies all entry requirements, except for investment capital. The Company's target is to raise $30,000,000 in the near future.

As stated above, the Company can not predict whether or not it will be successful in its capital raising efforts and, thus, be able to satisfy its cash requirements for the next 12 months. If the Company is unsuccessful in raising at least $165,000, it may not be able to complete its plan of expanding operations as discussed above.

The company is expecting to gain the capital from issuing and selling the shares of the Company.

During the quarter ending March 31, 2013 The Company sold its 100% ownership of Amanasu Support Corporation, formerly named Amanasu Water Corporation (Water) to its parent company, Amanasu Corporation (Japan) for $10,000. Because the subsidiary had an excess of liabilities over the assets transferred on the sale, the excess was transferred to paid in capital.

FINANCIAL RESULTS

Total Assets as at June 30, 2013 were $48,909 compared to $3,981 at December 31, 2012.

Total current liabilities as at June 30, 2013 were $373,636 compared to $357,727 at December 31, 2012.

The net loss from continuing operations for the three months ended June 30, 2013 was $(20,981) compared with $(37,486) for the same period of the prior year. The reduced loss is due to decreases in administrative expense.

 
9
 

LIQUIDITY AND CAPITAL RESOURCES

The Company's minimum cash requirements for the next twelve months are estimated to be $15,000. This amount is comprised of the following estimated expenditures:  $15,000 for miscellaneous expenses including interest and professional fees. The Company does have sufficient cash on hand to support its overhead for the next twelve months and there are no material commitments for capital at this time other than as described above. The Company does not have sufficient cash to pay its current liabilities. The Company will need to issue and sell shares to gain capital for operations or arrange for additional shareholder or related party loans.  There is no current commitment for either of these fund sources.

OFF-BALANCE SHEET ARRANAGEMENTS

The Company has no off-balance sheet arrangements.

ITEM 3. QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK

Not Applicable.

ITEM 4. MANAGEMENT'S REPORT ON DISCLOSURE CONTROLS AND PROCEDURES

The Company carried out an evaluation of the effectiveness of the Company's disclosure controls and procedures (as defined by Rule 13a-15(e) under the Securities Exchange Act of 1934) under the supervision and with the participation of the Company's Chief Executive Officer and Chief Financial Officer as of a date within 90 days of the filings date of Form 10Q. Based on and as of the date of such evaluation, the aforementioned officers have concluded that the Company's disclosure controls and procedures have not functioned effectively so as to provide information necessary whether:

(i) this quarterly report on Form 10 Q contains any untrue statement of a material fact or omits to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this quarterly report on Form 10 Q, and (ii) the financial statements, and other financial information included in this quarterly report on Form 10 Q, fairly present in all material respects the financial condition, results of operations and cash flows of the Company as of, and for, the periods presented in this quarterly report on Form 10 Q.

 
10
 
 
PART II

ITEM 1. LEGAL PROCEEDINGS

None.

ITEM 1A. RISK FACTORS

Not applicable to smaller reporting companies.

ITEM 2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS

None.

ITEM 3. DEFAULTS UPON SENIOR SECURITIES

None.

ITEM 4. SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS

None.

ITEM 5. OTHER INFORMATION

None.

 
11
 
 
ITEM 6. EXHIBITS

Furnish the Exhibits required by Item 601 of Regulation S-K (229.407 of this chapter).
 
Exhibit 31
Certification Pursuant To Section 302 Of The Sarbanes-Oxley Act Of 2002.
   
Exhibit 32
Certification Pursuant To Section 906 Of The Sarbanes-Oxley Act Of 2002.
   
101 INS
XBRL Instance Document*
   
101 SCH
XBRL Schema Document*
   
101 CAL
XBRL Calculation Linkbase Document*
   
101 DEF
XBRL Definition Linkbase Document*
   
101 LAB
XBRL Labels Linkbase Document*
   
101 PRE
XBRL Presentation Linkbase Document*
 
* The XBRL related information in Exhibit 101 shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to liability of that section and shall not be incorporated by reference into any filing or other document pursuant to the Securities Act of 1933, as amended, except as shall be expressly set forth by specific reference in such filing or document.
 
SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused his report to be signed on its behalf by the undersigned thereunto duly authorized.

Amanasu Techno Holdings Corporation

Date: August 10, 2013


/s/ Atsushi Maki
Atsushi Maki
Chief Executive Officer
Chief Financial Officer
Chief Accounting Officer
 
 
 
12
 
 EX-31 2 amanasutechnoexh31.htm CERTIFICATION PURSUANT TO SECTION 302 OF THE SARBANES-OXLEY ACT OF 2002. amanasutechnoexh31.htm
Exhibit 31
AMANASU TECHNO HOLDINGS CORPORATION

Certification of Chairman and Chief Executive Officer
Pursuant to Rule 13a-14(a) of the Exchange Act
As Adopted Pursuant to
Section 302 of the Sarbanes-Oxley Act of 2002
 
 
I, Atsushi Maki, certify that:
 
1.
I have reviewed this quarterly report on Form 10-Q of Amanasu Environment Corporation;
 
2.
Based on my knowledge, this quarterly report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this quarterly report;
 
3.
Based on my knowledge, the financial statements, and other financial information included in this quarterly report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this quarterly report;
 
4.
I am responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) for the registrant and have:
 
a.
Designed such disclosure controls and procedures to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this quarterly report is being prepared;
 
b.
Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;
c.
Evaluated the effectiveness of the registrant's disclosure controls and procedures and presented in this report my conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and
 
d.
d. Disclosed in this report any change in the registrant's internal control over financial reporting that occurred during the registrant's most recent fiscal quarter that has materially affected, or is reasonably likely to materially affect, the registrant's internal control over financial reporting;
 
5.
I have disclosed, based on our most recent evaluation, to the registrant's auditors and registrant's board of directors:
 
a.
All significant deficiencies in the design or operation of internal controls which could adversely affect the registrant's ability to record, process, summarize and report financial data and have identified for the registrant's auditors any material weaknesses in internal controls; and
 
b.
Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's internal controls; and
 
6.
I have indicated in this quarterly report whether or not there were significant changes in internal controls or in other factors that could significantly affect internal controls subsequent to the date of our most recent evaluation, including any corrective actions with regard to significant deficiencies and material weaknesses.
 
 
Dated: August 10, 2013
 
By: /s/ Atsushi Maki
Atsushi Maki
Chairman & Chief Executive Officer
Chief Financial Officer
 
 
 
 
 
 EX-32 3 amanasutechnoexh32.htm CERTIFICATION PURSUANT TO SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002. amanasutechnoexh32.htm
Exhibit 32
AMANASU TECHNO HOLDINGS CORPORATION

Certification of Chairman and Chief Executive Officer
Pursuant to 18 U.S.C. Section 1350,
As Adopted Pursuant to
Section 906 of the Sarbanes-Oxley Act of 2002
 
 
Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, the undersigned officer of the registrant certifies, to the best of his knowledge, that the registrant's Quarterly Report on Form 10Q for the period ended June 30, 2013 (the "Form 10Q") fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934 and that the information contained in the Form 10Q, fairly presents, in all material respects, the financial condition and results of operations of the registrant.
 
Dated: August 10, 2013
 
By: /s/ Atsushi Maki
Atsushi Maki
Chairman & Chief Executive Officer
Chief Financial Officer
 
 
 
 
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The results of operations for the three and six month period ended June 30, 2013 are not necessarily indicative of the results to be expected for the full fiscal year ending December 31, 2013.</p> <p style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-justify:inter-ideograph'>&nbsp;</p> <p style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-justify:inter-ideograph'>Certain information and disclosures normally included in the notes to financial statements have been condensed or omitted as permitted by the rules and regulations of the Securities and Exchange Commission, although the Company believes the disclosure is adequate to make the information presented not misleading. The accompanying unaudited financial statements should be read in conjunction with the financial statements of the Company for the year ended December 31, 2012.</p> <!--egx--><p style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-justify:inter-ideograph'><b>2. 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Supplemental Disclosures of Cash Flows InformationUnKnownUnKnownUnKnownUnKnowntruefalsefalseSheethttp://ansuxbrl.com/20130630/role/idr_Disclosure3SupplementalDisclosuresOfCashFlowsInformation12 XML 11 R6.xml IDEA: 1. Basis of Presentation 2.4.0.8000060 - Disclosure - 1. Basis of Presentationtruefalsefalse1false falsefalseD130101_130630http://www.sec.gov/CIK0001168663duration2013-01-01T00:00:002013-06-30T00:00:001true 1us-gaap_DisclosureTextBlockAbstractus-gaap_truenadurationfalsefalsefalsefalsefalsefalsefalsefalse1falsefalsefalse00falsefalsefalsexbrli:stringItemTypestringfalse02false 2us-gaap_BasisOfAccountingus-gaap_truenadurationfalsefalsefalsefalsefalsefalsefalsefalse1falsefalsefalse00<!--egx--><p style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-justify:inter-ideograph'><b>1. BASIS OF PRESENTATION</b></p> <p style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-justify:inter-ideograph'>&nbsp;</p> <p style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-justify:inter-ideograph'>The unaudited interim consolidated financial statements of Amanasu Techno Holdings Corporation (&quot;the Company&quot;) as of June 30, 2013 and 2012 and for the three and six month periods ended June 30, 2013 and 2012, have been prepared in accordance with accounting principles generally accepted in the United States of America. In the opinion of management, such information contains all adjustments, consisting only of normal recurring adjustments, necessary for a fair presentation of the results of such periods. 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CONSOLIDATED STATEMENTS OF OPERATIONS AND DEFICIT (USD $)
 3 Months Ended 6 Months Ended 187 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Jun. 30, 2013
Jun. 30, 2012
Jun. 30, 2013
Revenue          
Revenue         $ 124,461
Cost of Goods Sold         23,980
Gross Profit         100,481
Selling and administrative expenses 15,961 21,997 15,961 23,227 1,176,556
Write off of inventory         68,288
Impairment expense         103,528
Total expenses of continuing entity 15,961 21,997 15,961 23,227 1,348,372
Operating loss of continuing entity (15,961) (21,997) (15,961) (23,227) (1,247,891)
Other Income (Expense):          
Interest Income         4
Other Income         3,550
Interest Expense (2,508) (3,042) (5,020) (5,025) (29,283)
Net loss accumulated during development stage of continuing operations (18,469) (25,039) (20,981) (28,252) (1,273,620)
Net loss accumulated during development stage of discontinued operations       (9,234) (450,954)
Net loss accumulated during development stage (18,469) (25,039) (20,981) (37,486) (1,724,574)
Other comprehensive loss: of discontinued entity          
Foreign currency adjustments       (5,244) (74,128)
Total Comprehensive Loss- continuing operations (18,469) (25,039) (20,981) (28,252) (1,273,620)
Total comprehensive loss-discontinued entity       (14,478) (525,082)
Total Comprehensive Loss $ (18,469) $ (25,039) $ (20,981) $ (42,730) $ (1,798,702)
Loss per share - Basic and Diluted-continuing entity              
Loss per share-basic and diluted - discontinued entity              
Weighted average number of common shares outstanding 46,715,641 46,706,300 46,710,300 46,706,300  
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5. Sale of Capital Stock
 6 Months Ended
Jun. 30, 2013
Notes  
5. Sale of Capital Stock

5. SALE OF CAPITAL STOCK

 

On June 13, 2013 50,000 shares of common stock were sold for $50,000 to a non-related party.
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Sale of Subsidiary and Discontinued Operations 2.4.0.8000090 - Disclosure - 4. Sale of Subsidiary and Discontinued Operationstruefalsefalse1false falsefalseD130101_130630http://www.sec.gov/CIK0001168663duration2013-01-01T00:00:002013-06-30T00:00:001true 1us-gaap_DisclosureTextBlockAbstractus-gaap_truenadurationfalsefalsefalsefalsefalsefalsefalsefalse1falsefalsefalse00falsefalsefalsexbrli:stringItemTypestringfalse02false 2us-gaap_DisposalGroupsIncludingDiscontinuedOperationsDisclosureTextBlockus-gaap_truenadurationfalsefalsefalsefalsefalsefalsefalsefalse1falsefalsefalse00<!--egx--><p style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-justify:inter-ideograph'><b>4. 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1. Basis of Presentation
 6 Months Ended
Jun. 30, 2013
Notes  
1. Basis of Presentation

1. BASIS OF PRESENTATION

 

The unaudited interim consolidated financial statements of Amanasu Techno Holdings Corporation ("the Company") as of June 30, 2013 and 2012 and for the three and six month periods ended June 30, 2013 and 2012, have been prepared in accordance with accounting principles generally accepted in the United States of America. In the opinion of management, such information contains all adjustments, consisting only of normal recurring adjustments, necessary for a fair presentation of the results of such periods. The results of operations for the three and six month period ended June 30, 2013 are not necessarily indicative of the results to be expected for the full fiscal year ending December 31, 2013.

 

Certain information and disclosures normally included in the notes to financial statements have been condensed or omitted as permitted by the rules and regulations of the Securities and Exchange Commission, although the Company believes the disclosure is adequate to make the information presented not misleading. The accompanying unaudited financial statements should be read in conjunction with the financial statements of the Company for the year ended December 31, 2012.
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3. Supplemental Disclosures of Cash Flows Information
 6 Months Ended
Jun. 30, 2013
Notes  
3. Supplemental Disclosures of Cash Flows Information

3. SUPPLEMENTAL DISCLOSURES OF CASH FLOWS INFORMATION

 

There was no cash paid for interest or income taxes during either of the periods presented.
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4. Sale of Subsidiary and Discontinued Operations (Details) (USD $)
Feb. 07, 2012
Details  
Proceeds From Sale Of Subsidiary Under Common Control $ 10,000
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4. Sale of Subsidiary and Discontinued Operations
 6 Months Ended
Jun. 30, 2013
Notes  
4. Sale of Subsidiary and Discontinued Operations

4. SALE OF SUBSIDIARY AND DISCONTINUED OPERATIONS

 

On February 7, 2012, the Company sold its interest in a subsidiary, Amanasu Support Corporation, to its parent for $10,000 cash. This was a transaction between companies under common control. For that reason, no gain or loss was recognized. The subsidiary had an excess of liabilities over the assets transferred; the excess was added to paid in capital.

 

The operations of the subsidiary are deemed discontinued and the statements of operations and cash flows distinguish between continuing and discontinued operations.
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Financing activity cash flows include obtaining resources from owners and providing them with a return on, and a return of, their investment; borrowing money and repaying amounts borrowed, or settling the obligation; and obtaining and paying for other resources obtained from creditors on long-term credit.Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 24 -URI http://asc.fasb.org/extlink&oid=31042434&loc=d3e3521-108585 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 26 -URI http://asc.fasb.org/extlink&oid=31042434&loc=d3e3574-108585 true229false 2us-gaap_CashProvidedByUsedInFinancingActivitiesDiscontinuedOperationsus-gaap_truedebitdurationfalsefalsefalsefalsefalsefalsefalsefalse1falsefalsefalse00falsefalsefalse2falsefalsefalse00falsefalsefalse3truefalsefalse195737195737falsefalsefalsexbrli:monetaryItemTypemonetaryAmount of cash inflow (outflow) of financing activities of discontinued operations. Financing activity cash flows include obtaining resources from owners and providing them with a return on, and a return of, their investment; borrowing money and repaying amounts borrowed, or settling the obligation; and obtaining and paying for other resources obtained from creditors on long-term credit.Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 24 -URI http://asc.fasb.org/extlink&oid=31042434&loc=d3e3521-108585 false230false 3us-gaap_NetCashProvidedByUsedInFinancingActivitiesus-gaap_truedebitdurationfalsefalsefalsefalsefalsefalsefalsefalsetotalLabel1truefalsefalse4500045000falsefalsefalse2falsefalsefalse00falsefalsefalse3truefalsefalse15261671526167falsefalsefalsexbrli:monetaryItemTypemonetaryAmount of cash inflow (outflow) from financing activities, including discontinued operations. Financing activity cash flows include obtaining resources from owners and providing them with a return on, and a return of, their investment; borrowing money and repaying amounts borrowed, or settling the obligation; and obtaining and paying for other resources obtained from creditors on long-term credit.Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 24 -URI http://asc.fasb.org/extlink&oid=31042434&loc=d3e3521-108585 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 26 -URI http://asc.fasb.org/extlink&oid=31042434&loc=d3e3574-108585 true231false 2us-gaap_CashPeriodIncreaseDecreaseus-gaap_truedebitdurationfalsefalsefalsefalsefalsefalsefalsefalsetotalLabel1truefalsefalse4112841128falsefalsefalse2truefalsefalse77987798falsefalsefalse3falsefalsefalse00falsefalsefalsexbrli:monetaryItemTypemonetaryAmount of increase (decrease) in cash. 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Includes other kinds of accounts that have the general characteristics of demand deposits. Excludes cash and cash equivalents within disposal group and discontinued operation.Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Glossary Cash -URI http://asc.fasb.org/extlink&oid=6506951 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 1 -Article 5 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.1) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 false234false 2us-gaap_CashAndCashEquivalentsAtCarryingValueIncludingDiscontinuedOperationsus-gaap_truedebitinstantfalsefalsefalsefalsefalsetruefalsefalseperiodStartLabel1falsefalsefalse00falsefalsefalse2truefalsefalse5353falsefalsefalse3falsefalsefalse00falsefalsefalsexbrli:monetaryItemTypemonetaryFor the entity and the disposal group, cash includes currency on hand as well as demand deposits with banks or financial institutions. It also includes other kinds of accounts that have the general characteristics of demand deposits in that the Entity may deposit additional funds at any time and also effectively may withdraw funds at any time without prior notice or penalty. Cash equivalents, excluding items classified as marketable securities, include short-term, highly liquid investments that are both readily convertible to known amounts of cash, and so near their maturity that they present minimal risk of changes in value because of changes in interest rates. Generally, only investments with original maturities of three months or less qualify under that definition. Original maturity means original maturity to the entity holding the investment. For example, both a three-month US Treasury bill and a three-year Treasury note purchased three months from maturity qualify as cash equivalents. However, a Treasury note purchased three years ago does not become a cash equivalent when its remaining maturity is three months. Compensating balance arrangements that do not legally restrict the withdrawal or usage of cash amounts may be reported as Cash and Cash Equivalents, while legally restricted deposits held as compensating balances against borrowing arrangements, contracts entered into with others, or company statements of intention with regard to particular deposits are not generally reported as cash and cash equivalents.No definition available.false235false 2us-gaap_Cashus-gaap_truedebitinstantfalsefalsefalsefalsefalsefalsetruefalseperiodEndLabel1truefalsefalse4510945109USD$falsetruefalse2truefalsefalse96939693USD$falsetruefalse3truefalsefalse4510945109USD$falsetruefalsexbrli:monetaryItemTypemonetaryAmount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. 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Jun. 30, 2013
Dec. 31, 2012
CONSOLIDATED BALANCE SHEETS PARENTHETICAL    
Common stock shares authorized 100,000,000 100,000,000
Common stock shares par value $ 0.001 $ 0.001
Common stock shares issued 46,756,300 46,756,300
Common stock shares outstanding 46,706,300 46,706,300
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CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
 6 Months Ended 187 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Jun. 30, 2013
CASH FLOWS FROM OPERATIONS      
Net loss from continuing operations $ (20,981) $ (28,252) $ (1,273,620)
Depreciation     1,500
Impairment     96,262
Equity items issued for services     21,300
Increase (decrease) in accrued expenses 15,889 (5,715) 65,345
Increases in accrued interest payable to related parties 5,020 5,025 39,349
Net Cash Consumed By Operating Activities of continuing operations (72) (28,942) (1,049,864)
Net Cash Consumed by Operating Activities of discontinued operations   (53) (106,781)
Total Cash Consumed by Operating Activities (72) (28,995) (1,156,645)
CASH FLOWS FROM INVESTING ACTIVITIES      
Purchase of automobile     (1,500)
Advance to affiliate (3,800)   (3,800)
Payment of amounts due for licensing agreements     (168,885)
Proceeds of sale of subsidiary   10,000 10,000
Net Cash Provided (Consumed) by Investing Activities of Continuing Operations (3,800) 10,000 (164,185)
Net Cash Consumed by Investing Activities of Discontinued Operations     (160,228)
Net Cash Provided (Consumed) by Investing Activities (3,800) 10,000 (324,413)
CASH FLOWS FROM FINANCING ACTIVITIES      
Proceeds of short term loan     68,261
Advance received     99,900
Issuances of common stock to investors 50,000   860,093
Shareholder deposits for common stock     70,000
Proceeds of loans from shareholder and officers   80,000 370,436
Repayment of loans from shareholder and officers (5,000) (53,269) (138,260)
Advances from affiliate     200,000
Repayment of advances from affiliate     (200,000)
Net Cash Provided By Financing Activities of continuing operations 45,000 26,740 1,330,430
Total Cash Provided by Financing Activities of discontinued operations     195,737
Total Cash Provided by Financing Activities 45,000   1,526,167
Net Change In Cash - continuing operations 41,128 7,798  
Net change in cash - discontinued operations   (53)  
Cash balance, beginning of period - continuing operations 3,981 1,895  
Cash balance, beginning of period - discontinued operations   53  
Cash balance, end of period - continuing operations $ 45,109 $ 9,693 $ 45,109
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CONSOLIDATED BALANCE SHEETS (USD $)
Jun. 30, 2013
Dec. 31, 2012
Current Assets:    
Cash $ 45,109 $ 3,981
Total current assets 45,109 3,981
Other Assets - due from affiliate 3,800  
Total Assets 48,909 3,981
Current Liabilities:    
Advance 99,900 99,900
Advances from shareholder and officers 220,835 225,835
Interest due to shareholder and officers 26,997 21,977
Rent due to officer 3,750 3,750
Accrued expenses 22,154 6,265
Total current liabilities 373,636 357,727
Stockholders' Deficit:    
Common Stock: authorized 100,000,000 shares of $.001 par value; 46,756,300 and 46,706,300 shares issued and outstanding, respectively 46,756 46,706
Additional paid in capital 1,343,091 1,293,141
Paid in capital options 10,000 10,000
Deficit accumulated during development stage (1,724,574) (1,703,593)
Total stockholders' deficit (324,727) (353,746)
Total Liabilities and Stockholders' Deficit $ 48,909 $ 3,981
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2. Going Concern Uncertainty
 6 Months Ended
Jun. 30, 2013
Notes  
2. Going Concern Uncertainty

2. GOING CONCERN UNCERTAINTY

 

The accompanying financial statements have been prepared assuming that the Company will continue as a going concern. As shown in the financial statements, the Company had a material working capital deficiency, accumulated deficit, and a record of continuing losses. These factors raise substantial doubt about the ability of the Company to continue as a going concern. The financial statements do not include adjustments relating to the recoverability of assets and classification of liabilities that might be necessary should the Company be unable to continue in operation.

 

The Company's present plans, the realization of which cannot be assured, to overcome these difficulties include but are not limited to a continuing effort to investigate business acquisitions and joint ventures.
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Document and Entity Information
 6 Months Ended
Jun. 30, 2013
Aug. 05, 2013
Document and Entity Information    
Entity Registrant Name AMANASU TECHNO HOLDINGS CORP  
Document Type 10-Q  
Document Period End Date Jun. 30, 2013  
Amendment Flag false  
Entity Central Index Key 0001168663  
Current Fiscal Year End Date --12-31  
Entity Common Stock, Shares Outstanding   46,706,300
Entity Filer Category Smaller Reporting Company  
Entity Current Reporting Status Yes  
Entity Voluntary Filers No  
Entity Well-known Seasoned Issuer No  
Document Fiscal Year Focus 2013  
Document Fiscal Period Focus Q2  
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