XML 22 R4.htm IDEA: XBRL DOCUMENT v2.4.0.8
Consolidated Statements of Operations (Unaudited) (USD $)
 3 Months Ended 6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Jun. 30, 2014
Jun. 30, 2013
Revenues        
Revenues $ 1,234,167    $ 2,015,223   
Expenses        
General and administrative expenses 168,261 493,718 241,434 493,718
Net operating income (loss) 1,065,906 493,718 1,773,789 493,718
Other income and (expense)        
Interest expense - related party (2,469)    (4,910)   
Total other income and (expense) (2,469)    (4,910)   
Income (loss) before income taxes 1,063,437 (493,718) 1,768,879 (493,718)
Income tax expense 135,154    226,380   
Net income (loss) 928,283 (493,718) 1,542,499 (493,718)
Other comprehensive income (loss)        
Unrealized foreign currency income (loss) (11,590) 3,240 (67,814) 3,240
NET COMPREHENSIVE INCOME (LOSS) $ 916,693 $ (490,478) $ 1,474,685 $ (490,478)
Net income (loss) per share - basic $ 0.01 $ 0.00 $ 0.01 $ 0.00
Net income (loss) per share - dilutive $ 0.01 $ 0.00 $ 0.01 $ 0.00
Weighted average number of shares outstanding - basic 125,585,532 100,000,000 125,585,532 100,000,000
Weighted average number of shares outstanding - dilutive 125,804,113 100,000,000 125,804,894 100,000,000