XML 58 R4.htm IDEA: XBRL DOCUMENT v2.4.1.9
Consolidated Statements of Operations and Comprehensive Loss (USD $)
12 Months Ended
Dec. 31, 2014
Dec. 31, 2013
REVENUE    
Advertising    $ 10,093us-gaap_AdvertisingRevenue
Consulting service    9,760us-gaap_FinancialServicesRevenue
E-commerce 37,518us-gaap_RevenueOtherFinancialServices   
Total revenue 37,518us-gaap_Revenues 19,853us-gaap_Revenues
COST OF REVENUE    
Advertising    64,319us-gaap_AdvertisingRevenueCost
Consulting service    79,058us-gaap_FinancialServicesCosts
E-commerce 1,278,142us-gaap_OtherFinancialServicesCosts 404,784us-gaap_OtherFinancialServicesCosts
Total cost of revenue 1,278,142us-gaap_CostOfRevenue 548,161us-gaap_CostOfRevenue
GROSS LOSS (1,240,624)us-gaap_GrossProfit (528,308)us-gaap_GrossProfit
OPERATING EXPENSES    
Selling expenses 1,256,725us-gaap_SellingExpense 499,986us-gaap_SellingExpense
General and administrative expenses 903,093us-gaap_GeneralAndAdministrativeExpense 1,447,095us-gaap_GeneralAndAdministrativeExpense
Impairment of website development cost    505,624us-gaap_ImpairmentOfIntangibleAssetsFinitelived
Depreciation - property and equipment 111,003us-gaap_CostOfGoodsSoldDepreciation 116,387us-gaap_CostOfGoodsSoldDepreciation
Total operating expenses, net 2,270,821us-gaap_OperatingExpenses 2,569,092us-gaap_OperatingExpenses
NET LOSS FROM OPERATIONS (3,511,445)us-gaap_OperatingIncomeLoss (3,097,400)us-gaap_OperatingIncomeLoss
OTHER INCOME (EXPENSES)    
Interest income 1,609us-gaap_InvestmentIncomeInterest 1,205us-gaap_InvestmentIncomeInterest
Other income 37,865us-gaap_OtherNonoperatingIncome 55,098us-gaap_OtherNonoperatingIncome
Other expenses (2,866)us-gaap_OtherNonoperatingExpense (7,747)us-gaap_OtherNonoperatingExpense
Gain (loss) on disposal of property and equipment, net 618us-gaap_GainLossOnSaleOfPropertyPlantEquipment (146,415)us-gaap_GainLossOnSaleOfPropertyPlantEquipment
Total other income (expenses), net 37,226us-gaap_NonoperatingIncomeExpense (97,859)us-gaap_NonoperatingIncomeExpense
NET LOSS BEFORE TAXES (3,474,219)us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments (3,195,259)us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
Income tax expense      
NET LOSS (3,474,219)us-gaap_NetIncomeLoss (3,195,259)us-gaap_NetIncomeLoss
OTHER COMPREHENSIVE GAIN (LOSS)    
Foreign currency translation gain (loss) 117,859us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax (69,621)us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
COMPREHENSIVE LOSS $ (3,356,360)us-gaap_ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $ (3,264,880)us-gaap_ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
Net loss per share - basic and diluted $ (0.04)us-gaap_EarningsPerShareBasicAndDiluted $ (0.04)us-gaap_EarningsPerShareBasicAndDiluted
Weighted average number of shares outstanding during the year - basic and diluted 81,244,000us-gaap_WeightedAverageNumberOfShareOutstandingBasicAndDiluted 81,244,000us-gaap_WeightedAverageNumberOfShareOutstandingBasicAndDiluted