2.4.0.8000160 - Disclosure - Note 11 - Receipt in Advancetruefalsefalse1false falsefalseD130101_130630http://www.sec.gov/CIK0001388978duration2013-01-01T00:00:002013-06-30T00:00:001true 1us-gaap_DisclosureTextBlockAbstractus-gaap_truenadurationfalsefalsefalsefalsefalsefalsefalsefalse1falsefalsefalse00falsefalsefalsexbrli:stringItemTypestringfalse0Notes2false 2fil_RECEIPTINADVANCEfil_falsenadurationfalsefalsefalsefalsefalsefalsefalsefalse1falsefalsefalse00NOTE 11 RECEIPT IN ADVANCE   As of the balance sheet dates, the Companys accrued expenses and other payables are summarized as follows:   <table border="0" cellspacing="0" cellpadding="0" style='line-height:115%;margin-left:26.15pt;border-collapse:collapse'> <tr align="left"> <td width="448" valign="bottom" style='width:335.95pt;padding:0in 0in 1.5pt 0in'>   </td> <td width="90" valign="bottom" style='width:67.5pt;border:none;border-bottom:solid black 1.0pt;padding:0'> <p align="right" style='margin-top:0in;margin-right:0in;margin-bottom:10.0pt;margin-left:0in;line-height:115%;margin-bottom:0in;margin-bottom:.0001pt;text-align:right;line-height:normal;text-autospace:none'>June 30, <p align="right" style='margin-top:0in;margin-right:0in;margin-bottom:10.0pt;margin-left:0in;line-height:115%;margin-top:0in;margin-right:1.55pt;margin-bottom:0in;margin-left:0in;margin-bottom:.0001pt;text-align:right;line-height:normal;text-autospace:none'>2013 </td> <td width="90" valign="bottom" style='width:67.5pt;border:none;border-bottom:solid black 1.0pt;padding:0'> <p align="right" style='margin-top:0in;margin-right:0in;margin-bottom:10.0pt;margin-left:0in;line-height:115%;margin-bottom:0in;margin-bottom:.0001pt;text-align:right;line-height:normal;text-autospace:none'>December 31, <p align="right" style='margin-top:0in;margin-right:0in;margin-bottom:10.0pt;margin-left:0in;line-height:115%;margin-top:0in;margin-right:3.1pt;margin-bottom:0in;margin-left:0in;margin-bottom:.0001pt;text-align:right;line-height:normal;text-autospace:none'> 2012 </td> </tr> <tr align="left"> <td width="448" valign="bottom" style='width:335.95pt;padding:0'>   </td> <td width="90" valign="bottom" style='width:67.5pt;padding:0'>   </td> <td width="90" valign="bottom" style='width:67.5pt;padding:0'>   </td> </tr> <tr align="left"> <td width="448" valign="bottom" style='width:335.95pt;background:#CCEEFF;padding:0in 0in 3.0pt 0in'> <p style='margin-top:0in;margin-right:0in;margin-bottom:10.0pt;margin-left:0in;line-height:115%;margin-bottom:0in;margin-bottom:.0001pt;text-align:justify;text-justify:inter-ideograph;line-height:normal;background:#CCEEFF;text-autospace:none'>Receipt in advance </td> <td width="90" valign="bottom" style='width:67.5pt;border:none;border-bottom:double black 2.25pt;background:#CCEEFF;padding:0'> <p align="right" style='margin-top:0in;margin-right:0in;margin-bottom:10.0pt;margin-left:0in;line-height:115%;margin-bottom:0in;margin-bottom:.0001pt;text-align:right;line-height:normal;background:#CCEEFF;text-autospace:none'>$1,052,213 </td> <td width="90" valign="bottom" style='width:67.5pt;border:none;border-bottom:double black 2.25pt;background:#CCEEFF;padding:0'> <p align="right" style='margin-top:0in;margin-right:0in;margin-bottom:10.0pt;margin-left:0in;line-height:115%;margin-bottom:0in;margin-bottom:.0001pt;text-align:right;line-height:normal;background:#CCEEFF;text-autospace:none'>$922,411 </td> </tr> <tr align="left"> <td width="448" valign="bottom" style='width:335.95pt;background:white;padding:0'>   </td> <td width="90" valign="bottom" style='width:67.5pt;background:white;padding:0'> <p align="right" style='margin-top:0in;margin-right:0in;margin-bottom:10.0pt;margin-left:0in;line-height:115%;margin-bottom:0in;margin-bottom:.0001pt;text-align:right;line-height:normal;background:white;text-autospace:none'>  </td> <td width="90" valign="bottom" style='width:67.5pt;background:white;padding:0'> <p align="right" style='margin-top:0in;margin-right:0in;margin-bottom:10.0pt;margin-left:0in;line-height:115%;margin-bottom:0in;margin-bottom:.0001pt;text-align:right;line-height:normal;background:white;text-autospace:none'>  </td> </tr> </table> Receipt in advance mainly consists of money received from customers for regional distribution rights which are yet to be performed. Revenues from regional distribution rights include initial fees and continuing management fee income. All amounts received will be initially recognized as receipt in advance, and will be recognized as revenues when the following criteria are met:   <p style='margin-top:0in;margin-right:0in;margin-bottom:10.0pt;margin-left:0in;line-height:115%;margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:.5in;margin-bottom:.0001pt;text-indent:-.5in;line-height:normal;text-autospace:none'>(i)            Initial admission fee income is generally recorded upon completion of admission procedures, when the rights to use the trademarks are granted to the users, and when collectability is reasonably assured; and <p style='margin-top:0in;margin-right:0in;margin-bottom:10.0pt;margin-left:0in;line-height:115%;margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:.5in;margin-bottom:.0001pt;text-indent:-.5in;line-height:normal;text-autospace:none'>(ii)           Continuing management fee income represent regular contractual payments received for the use of the GEN+Me trademarks plus our supporting services, which is recognized as revenue when earned, generally on a straight line basis.falsefalsefalsenonnum:textBlockItemTypenaNo authoritative reference available.No definition available.false0Note 11 - Receipt in AdvancefalseNote 11 - Receipt in AdvanceUnKnownUnKnownUnKnownUnKnowntruefalsefalseSheethttp://cngv/20130630/role/idr_DisclosureNote11ReceiptInAdvance12