10-Q

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 10-Q

x Quarterly Report Pursuant To Section 13 or 15(d) of the Securities Exchange Act Of 1934

For the quarterly period ended June 30, 2018

o Transition Report Under Section 13 or 15(d) of the Securities Exchange Act Of 1934

For the transition period from __________ to __________

Commission File Number:    000-52828

DIGITAL DEVELOPMENT PARTNERS, INC.

(Exact name of registrant as specified in its charter)

NEVADA	98-0521119
(State or other jurisdiction of incorporation or organization)	(I.R.S. Employer Identification No.)

17800 Castleton St., Suite 300

City of Industry, CA 91748
(Address of principal executive offices, including Zip Code)

(626) 581-3335

(Issuer’s telephone number, including area code)

(Former name or former address if changed since last report)

Check whether the issuer (1) has filed all reports required to be filed by section 13 or 15(d) of the Exchange Act during the past 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 has submitted electronically and posted on its corporate Web site, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files). Yes x No ¨

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a small reporting company. See the definitions of “large accelerated filer,” “accelerated filer,” “non-accelerated filer,” “smaller reporting company” and “emerging growth company” in Rule 12b-2 of the Exchange Act.

Large accelerated filer	¨	Accelerated filer	¨
Non-accelerated filer	¨	Smaller reporting company	x
		Emerging growth company	¨

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).     Yes x     No ¨

State the number of shares outstanding of each of the issuer’s classes of common equity, as of the latest practicable date: 85,970,665 shares of common stock as of August 10, 2018.

Digital Development Partners, Inc.

Balance Sheets

(Unaudited)

	June 30,			December 31,
	2018			2017
ASSETS
Current Assets
Cash	$	1,228		$	1,573
Total Assets	$	1,228		$	1,573
LIABILITIES AND STOCKHOLDERS' DEFICIT
Current Liabilities
Accounts Payable	$	203,077		$	186,541
Related Party Loans (Note 3)		752,330			712,750
Total Liabilities		955,407			899,291
Stockholders' Deficit
Common Stock, $0.001 par value; authorized 225,000,000 shares; issued and outstanding 85,970,665 shares as of June 30, 2018 and December 31, 2017		85,971			85,971
Additional Paid-In Capital		7,488,946			7,488,946
Accumulated Deficit		(8,529,096	)		(8,472,635	)
Total Stockholders' Deficit		(954,179	)		(897,718	)
Total Liabilities and Stockholders' Deficit	$	1,228		$	1,573

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

2 

DIGITAL DEVELOPMENT PARTNERS, INC.

Statements of Operations

(Unaudited)

	For the						For the
	Three Months Ended						Six Months Ended
	June 30,						June 30,
	2018			2017			2018			2017
Operating Expenses	$	24,425		$	15,255		$	38,175		$	34,432
Loss from Operations		(24,425	)		(15,255	)		(38,175	)		(34,432	)
Interest Expense		(9,268	)		(8,398	)		(18,286	)		(16,579	)
Net Loss	$	(33,693	)	$	(23,653	)	$	(56,461	)	$	(51,011	)
Net Loss Per Common Share:
Basic and Diluted	$	(0.00	)	$	(0.00	)	$	(0.00	)	$	(0.00	)
Weighted Average Shares Outstanding,
Basic and Diluted:		85,970,665			85,970,665			85,970,665			85,970,665

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

3 

DIGITAL DEVELOPMENT PARTNERS, INC.

Statements of Cash Flows

(Unaudited)

	Six Months Ended
	June 30,
	2018			2017
Cash flows from operating activities:
Net loss	$	(56,461	)	$	(51,011	)
Adjustments to reconcile net loss to
net cash used in operating activities:
Change in operating assets and liabilities:
Accounts payable, accrued liabilities		16,536			13,720
Net cash used in operating  activities		(39,925	)		(37,291	)
Cash flows from financing activities:
Proceeds from loans - Related Party		39,580			27,000
Net cash provided by financing activities		39,580			27,000
Net decrease in cash		(345	)		(10,291	)
Cash, beginning of the period		1,573			14,513
Cash, end of the period	$	1,228		$	4,222
Supplemental cash flow disclosure:
Interest paid	$	-		$	-
Taxes paid	$	-		$	-

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

4 

DIGITAL DEVELOPMENT PARTNERS INC.
NOTES TO FINANCIAL STATEMENTS

(UNAUDITED)

1. Basis of Presentation and Nature of Operations

The accompanying unaudited interim financial statements have been prepared in accordance with accounting principles generally accepted in the U.S. (“GAAP”) for interim financial information and with the instructions to Form 10-Q. Accordingly, they do not include all of the information required by GAAP for complete annual financial statement presentation.

These unaudited interim financial statements, as of June 30, 2018 and for the three and six months ended June 30, 2018 and 2017, reflect all adjustments consisting of normal recurring adjustments, which, in the opinion of management, are necessary to fairly present the Company’s financial position and the results of its operations for the periods presented, in accordance with the accounting principles generally accepted in the United States of America. Operating results for the three and six months ended June 30, 2018, are not necessarily indicative of the results to be expected for other interim periods or for the full year ending December 31, 2018. These unaudited interim financial statements should be read in conjunction with the financial statements and accompanying notes thereto included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2017, as filed with the Securities Exchange Commission.

2. Going Concern

The Company’s unaudited interim financial statements are prepared using generally accepted accounting principles in the United States of America applicable to a going concern which contemplates the realization of assets and liquidation of liabilities in the normal course of business. The Company has not yet established an ongoing source of revenues sufficient to cover its operating costs and allow it to continue as a going concern. The Company also has a working capital deficit as of June 30, 2018. These factors raise substantial doubt about the Company’s ability to continue as a going concern.

The Company’s capital requirements will depend on many factors, including the success of the Company’s researching for new markets. The Company plans to continue financing its operations with cash received from financing activities, more specifically from related party loans.

While the Company strongly believes that its capital resources will be sufficient in the near term, there is no assurance that the Company’s future activities will generate sufficient revenues to sustain its operations without additional capital or if additional capital is needed, that such funds, if available, will be obtainable on terms satisfactory to the Company. The financial statements do not include any adjustments relating to the recoverability and classification of recorded assets, or the amounts and classification of liabilities, that might be necessary in the event that the Company cannot continue as a going concern.

5 

3. Related Party Transactions

	June 30,		December 31,
	2018		2017
Loans payable to related parties:
EFT Holdings, Inc.	$	725,580	$	711,000
EF2T, Inc.		26,750		1,750
	$	752,330	$	712,750

As of June 30, 2018 the Company owed EFT Holdings Inc. $725,580. Advances of $14,580 were received from EFT Holdings during the six months ended June 30, 2018. The amounts due EFT Holdings bear interest at 5% per year, are secured by all future sales of the Company and have a maturity of one year. As of June 30, 2018 the Company owed EFT Holdings $197,274 in accrued and unpaid interest. Several of these advances at June 30, 2018 were past due and payable upon demand.

As of June 30, 2018, the Company owed EFT2 $26,750. Advances of $25,000 were received from EFT2 during the six months ended June 30, 2018. The amounts due EFT2 bear interest at 5% per year, are secured by all future sales of the Company, and have a maturity of one year. As of June 30, 2018, the Company owed EFT2 $303 in accrued and unpaid interest. Subsequent to June 30, 2018, the Company received advances totaling $9,000 from EF2T, Inc. bearing interest at 5% per year, secured by all future sales of the Company, and these advances have a maturity of one year.

6 

Item 2. Management's Discussion and Analysis of Financial Condition and Results of Operation

On February 18, 2010 the Company’s directors approved an agreement between the Company and EFT Holdings, Inc., (“EFT”), whereby EFT agreed to assign its worldwide distribution and servicing rights to a product known as the “EFT-Phone” in exchange for 79,265,000 shares of the Company’s common stock.

The EFT-Phone is a cell phone which has an application that allows EFT’s affiliate base to access all of their back office sites including their Funds Management Account where the affiliate is able to deposit, withdraw and transfer money to another EFT account or to another EFT affiliate at no cost for the transfer.

Results of Operations

The Company did not receive any orders for the EFT phone during the year ended December 31, 2017 or the six months ended June 30, 2018. The Company has been advised by EFT that due to a significant drop in demand for the EFT phone, EFT will not be placing any new orders from the Company. The Company is investigating other sources of revenue to mitigate its lack of revenue.

Other than the foregoing, the Company does not know of any trends, events or uncertainties that will have, or are reasonably expected to have, a material impact on sales, revenues, expenses or results of operations.

Liquidity and Capital Resources

The Company does not have any firm commitments from any person to provide the Company with any additional capital. While the Company strongly believes that its capital resources will be sufficient in the near term, there is no assurance that the Company’s activities will generate sufficient revenues to sustain its operations without additional capital or if additional capital is needed, that such funds, if available, will be obtainable on terms satisfactory to the Company.

Item 4. Controls and Procedures.

(a)       The Company maintains a system of controls and procedures designed to ensure that information required to be disclosed in reports filed or submitted under the Securities Exchange Act of 1934, as amended (“1934 Act”), is recorded, processed, summarized and reported, within time periods specified in the SEC's rules and forms and to ensure that information required to be disclosed by the Company in the reports that it files or submits under the 1934 Act, is accumulated and communicated to the Company’s management, including its Principal Executive and Financial Officer, as appropriate to allow timely decisions regarding required disclosure. As of June 30, 2018, the Company’s Principal Executive and Financial Officer evaluated the effectiveness of the design and operation of the Company’s disclosure controls and procedures. Based on that evaluation, the Principal Executive and Financial Officer concluded that the Company’s disclosure controls and procedures were not effective.

(b)       There were no changes in the Company’s internal control over financial reporting during the quarter ended June 30, 2018, that materially affected, or are reasonably likely to materially affect, its internal control over financial reporting.

7 

PART II

Item 6. Exhibits

Exhibits

31.1 Certification pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.

31.2 Certification pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.

32 Certification pursuant to Section 906 of the Sarbanes-Oxley Act.

101.INS XBRL Instance Document

101.SCH XBRL Taxonomy Extension Schema

101.CAL XBRL Taxonomy Extension Calculation Linkbase

101.DEF XBRL Taxonomy Extension Definition Linkbase

101.LAB XBRL Taxonomy Extension Label Linkbase

101.PRE XBRL Taxonomy Extension Presentation Linkbase

8 

SIGNATURES

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

	DIGITAL DEVELOPMENT PARTNERS, INC.
August 14, 2018	By:	/s/ Jack Jie Qin
		Jack Jie Qin, Principal Executive Officer
	By:	/s/ William E. Sluss
		William E. Sluss, Principal Financial and Accounting Officer

9 

EX-31.1

EXHIBIT 31.1

CERTIFICATIONS

I, Jack Jie Qin, certify that;

1.       I have reviewed this quarterly report on Form 10-Q of Digital Development Partners, Inc.;

2.       Based on my knowledge, this 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 the report;

3.       Based on my knowledge, the financial statements, and other financial information included in this 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 report;

4.       The registrant’s other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have:

a)       Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, 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 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 condensed 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 our 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)       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 (the registrant’s fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting; and

5.       The registrant’s other certifying officer(s) and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant’s auditors and the audit committee of the registrant’s board of directors (or persons performing the equivalent functions):

a)       All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant’s ability to record, process, summarize and report financial information; and

b)       Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant’s internal control over financial reporting.

August 14, 2018	By:	/s/ Jack Jie Qin
		Jack Jie Qin,
		Principal Executive Officer

EX-31.2

EXHIBIT 31.2

CERTIFICATIONS

I, William E. Sluss, certify that;

1.       I have reviewed this quarterly report on Form 10-Q of Digital Development Partners, Inc.;

2.       Based on my knowledge, this 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 the report;

3.       Based on my knowledge, the financial statements, and other financial information included in this 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 report;

4.       The registrant’s other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have:

a)       Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, 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 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 condensed 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 our 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)       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 (the registrant’s fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting; and

5.       The registrant’s other certifying officer(s) and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant’s auditors and the audit committee of the registrant’s board of directors (or persons performing the equivalent functions):

a)       All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant’s ability to record, process, summarize and report financial information; and

b)       Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant’s internal control over financial reporting.

August 14, 2018	By:	/s/ William E. Sluss
		William E. Sluss,
		Principal Financial Officer

EX-32

EXHIBIT 32

In connection with the Quarterly Report of Digital Development Partners, Inc. (the “Company”) on Form 10-Q for the period ending June 30, 2018 as filed with the Securities and Exchange Commission (the “Report”), Jack Jie Qin, the Principal Executive Officer and William E. Sluss, the Principal Financial Officer of the Company, certify, pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, that to the best of their knowledge:

(1) The Report fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934; and

(2) The information contained in the Report fairly presents, in all material respects the financial condition and results of the Company.

August 14, 2018	By:	/s/ Jack Jie Qin
		Jack Jie Qin, Principal Executive Officer

By:	/s/ William E. Sluss
	William E. Sluss, Principal Financial Officer

XML

Document And Entity Information - shares	6 Months Ended
	Jun. 30, 2018	Aug. 10, 2018
Document Information [Line Items]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Jun. 30, 2018
Document Fiscal Year Focus	2018
Document Fiscal Period Focus	Q2
Entity Registrant Name	Digital Development Partners, Inc.
Entity Central Index Key	0001409999
Current Fiscal Year End Date	--12-31
Entity Filer Category	Smaller Reporting Company
Trading Symbol	DGDM
Entity Common Stock, Shares Outstanding		85,970,665

XML

Balance Sheets - USD ($)	Jun. 30, 2018	Dec. 31, 2017
Current Assets
Cash	$ 1,228	$ 1,573
Total Assets	1,228	1,573
Current Liabilities
Accounts Payable	203,077	186,541
Related Party Loans (Note 3)	752,330	712,750
Total Liabilities	955,407	899,291
Stockholders' Deficit
Common Stock, $0.001 par value; authorized 225,000,000 shares; issued and outstanding 85,970,665 shares as of June 30, 2018 and December 31, 2017	85,971	85,971
Additional Paid-In Capital	7,488,946	7,488,946
Accumulated Deficit	(8,529,096)	(8,472,635)
Total Stockholders' Deficit	(954,179)	(897,718)
Total Liabilities and Stockholders' Deficit	$ 1,228	$ 1,573

XML

Balance Sheets (Parenthetical) - $ / shares	Jun. 30, 2018	Dec. 31, 2017
Common stock, par value (in dollars per share)	$ 0.001	$ 0.001
Common Stock, Shares Authorized	225,000,000	225,000,000
Common Stock, Shares, Issued	85,970,665	85,970,665
Common Stock, Shares, Outstanding	85,970,665	85,970,665

XML

Statements of Operations - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017
Operating expenses
Operating expenses	$ 24,425	$ 15,255	$ 38,175	$ 34,432
Loss from Operations	(24,425)	(15,255)	(38,175)	(34,432)
Other expense
Interest Expense	(9,268)	(8,398)	(18,286)	(16,579)
Net Loss	$ (33,693)	$ (23,653)	$ (56,461)	$ (51,011)
Net Loss Per Common Share:
Basic and Diluted	$ 0.00	$ 0.00	$ 0.00	$ 0.00
Weighted Average Shares Outstanding,
Basic and Diluted:	85,970,665	85,970,665	85,970,665	85,970,665

XML

Statements of Cash Flows - USD ($)	6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017
Cash flows from operating activities:
Net loss	$ (56,461)	$ (51,011)
Change in operating assets and liabilities:
Accounts payable, accrued liabilities	16,536	13,720
Net cash used in operating activities	(39,925)	(37,291)
Cash flows from financing activities:
Proceeds from loans - Related Party	39,580	27,000
Net cash provided by financing activities	39,580	27,000
Net decrease in cash	(345)	(10,291)
Cash, beginning of the period	1,573	14,513
Cash, end of the period	1,228	4,222
Supplemental cash flow disclosure:
Interest paid	0	0
Taxes paid	$ 0	$ 0

XML

Basis of Presentation and Nature of Operations

6 Months Ended

Jun. 30, 2018

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Business Description and Basis of Presentation [Text Block]

1. Basis of Presentation and Nature of Operations

The accompanying unaudited interim financial statements have been prepared in accordance with accounting principles generally accepted in the U.S. (“GAAP”) for interim financial information and with the instructions to Form 10-Q. Accordingly, they do not include all of the information required by GAAP for complete annual financial statement presentation.

These unaudited interim financial statements, as of June 30, 2018 and for the three and six months ended June 30, 2018 and 2017, reflect all adjustments consisting of normal recurring adjustments, which, in the opinion of management, are necessary to fairly present the Company’s financial position and the results of its operations for the periods presented, in accordance with the accounting principles generally accepted in the United States of America. Operating results for the three and six months ended June 30, 2018, are not necessarily indicative of the results to be expected for other interim periods or for the full year ending December 31, 2018. These unaudited interim financial statements should be read in conjunction with the financial statements and accompanying notes thereto included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2017, as filed with the Securities Exchange Commission.

XML

Going Concern

6 Months Ended

Jun. 30, 2018

Going Concern Disclosure [Abstract]

Going Concern Disclosure [Text Block]

2. Going Concern

The Company’s unaudited interim financial statements are prepared using generally accepted accounting principles in the United States of America applicable to a going concern which contemplates the realization of assets and liquidation of liabilities in the normal course of business. The Company has not yet established an ongoing source of revenues sufficient to cover its operating costs and allow it to continue as a going concern. The Company also has a working capital deficit as of June 30, 2018. These factors raise substantial doubt about the Company’s ability to continue as a going concern.

The Company’s capital requirements will depend on many factors, including the success of the Company’s researching for new markets. The Company plans to continue financing its operations with cash received from financing activities, more specifically from related party loans.

While the Company strongly believes that its capital resources will be sufficient in the near term, there is no assurance that the Company’s future activities will generate sufficient revenues to sustain its operations without additional capital or if additional capital is needed, that such funds, if available, will be obtainable on terms satisfactory to the Company. The financial statements do not include any adjustments relating to the recoverability and classification of recorded assets, or the amounts and classification of liabilities, that might be necessary in the event that the Company cannot continue as a going concern.

XML

Related Party Transactions

6 Months Ended

Jun. 30, 2018

Related Party Transactions [Abstract]

Related Party Transactions Disclosure [Text Block]

3. Related Party Transactions

	June 30,		December 31,
	2018		2017
Loans payable to related parties:
EFT Holdings, Inc.	$	725,580	$	711,000
EF2T, Inc.		26,750		1,750
	$	752,330	$	712,750

As of June 30, 2018 the Company owed EFT Holdings Inc. $725,580. Advances of $14,580 were received from EFT Holdings during the six months ended June 30, 2018. The amounts due EFT Holdings bear interest at 5% per year, are secured by all future sales of the Company and have a maturity of one year. As of June 30, 2018 the Company owed EFT Holdings $197,274 in accrued and unpaid interest. Several of these advances at June 30, 2018 were past due and payable upon demand.

As of June 30, 2018, the Company owed EFT2 $26,750. Advances of $25,000 were received from EFT2 during the six months ended June 30, 2018. The amounts due EFT2 bear interest at 5% per year, are secured by all future sales of the Company, and have a maturity of one year. As of June 30, 2018, the Company owed EFT2 $303 in accrued and unpaid interest. Subsequent to June 30, 2018, the Company received advances totaling $9,000 from EF2T, Inc. bearing interest at 5% per year, secured by all future sales of the Company, and these advances have a maturity of one year.

XML

Related Party Transactions (Tables)

6 Months Ended

Jun. 30, 2018

Related Party Transactions [Abstract]

Schedule of Related Party Transactions [Table Text Block]

	June 30,		December 31,
	2018		2017
Loans payable to related parties:
EFT Holdings, Inc.	$	725,580	$	711,000
EF2T, Inc.		26,750		1,750
	$	752,330	$	712,750

XML

Related Party Transactions (Details) - USD ($)	Jun. 30, 2018	Dec. 31, 2017
Related Party Transaction [Line Items]
Loans payable to related parties	$ 752,330	$ 712,750
EFT Holdings, Inc [Member]
Related Party Transaction [Line Items]
Loans payable to related parties	725,580	711,000
EFT2 Inc. [Member]
Related Party Transaction [Line Items]
Loans payable to related parties	$ 26,750	$ 1,750

XML

Related Party Transactions (Details Textual) - USD ($)		6 Months Ended
	Aug. 14, 2018	Jun. 30, 2018	Jun. 30, 2017
Related Party Transaction [Line Items]
Proceeds from Related Party Debt		$ 39,580	$ 27,000
EFT Holdings, Inc [Member] | Secured Debt [Member]
Related Party Transaction [Line Items]
Proceeds from Related Party Debt		$ 14,580
Debt Instrument, Interest Rate During Period		5.00%
Due to Related Parties		$ 725,580
Debt Instrument, Term		1 year
Interest Payable		$ 197,274
EFT2 Inc. [Member]
Related Party Transaction [Line Items]
Proceeds from Related Party Debt		$ 25,000
Debt Instrument, Interest Rate During Period		5.00%
Due to Related Parties		$ 26,750
Debt Instrument, Term		1 year
Interest Payable		$ 303
EFT2 Inc. [Member] | Subsequent Event [Member]
Related Party Transaction [Line Items]
Proceeds from Related Party Debt	$ 9,000
Debt Instrument, Interest Rate During Period	5.00%
Debt Instrument, Term	1 year