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Segmented Information
9 Months Ended
Sep. 30, 2012
Segmented Information [Abstract]  
Segmented Information
7. Segmented Information
 
The Company is organized into segments based on operations. These operating segments have been aggregated into two reportable business segments: sales and ocean freight export services. The reportable segments were determined in accordance with the way that management of the Company develops and executes the Company’s operations.
 
In accordance with ASC 280, “Segment Reporting”, for purposes of business segment performance measurement, the Company does not allocate to the business segments items that are of a non-operating nature or corporate organizational and functional expenses of a governance nature. Corporate expenses consist of corporate office expenses including compensation, automobile, occupancy, depreciation, and other administrative costs.
 
Assets of the sales segment at September 30, 2011 consist of cash, prepaid expenses, and notes receivable.
 
For the nine months ended September 30, 2012:
 
   
Sales
$
   
Export
Services
$
   
Corporate and Other
$
   
Total
$
 
                         
Revenues
   
-
     
-
     
-
     
-
 
Operating net income (loss)
   
-
     
-
     
-
     
-
 
Interest expense
   
-
     
-
     
61,592
     
61,592
 
Depreciation
   
-
     
-
     
-
     
-
 
Total assets
   
-
     
-
     
4,000
     
4,000
 
 
For the nine months ended September 30, 2011:
 
   
Sales
$
   
Export
Services
$
   
Corporate and Other
$
   
Total
$
 
                         
Revenues
   
-
     
49,257
     
-
     
49,257
 
Operating net income (loss)
   
-
     
12,744
     
(313,788
)
   
(301,064
)
Interest expense
   
-
     
-
     
67,792
     
67,792
 
Depreciation
   
-
     
-
     
75
     
75
 
Total assets
   
15,940
     
-
     
-
     
15,940