XML 13 R4.htm IDEA: XBRL DOCUMENT v3.4.0.3
CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS) (Unaudited) - USD ($)
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
REVENUE    
Revenue $ 1,136,406
COST OF REVENUE 1,048,730
GROSS PROFIT $ 87,676
OPERATING EXPENSES    
Direct consulting costs $ 18,102
General and administrative expenses $ 125,062 66,181
Depreciation expense 3,629 0
TOTAL OPERATING EXPENSES 128,691 84,283
LOSS FROM OPERATIONS $ (41,015) (84,283)
OTHER INCOME (EXPENSE)    
Interest income $ 817
Other income
Interest expense - related party $ (2,901) $ (3,162)
Interest expense (21,686) $ (22,025)
Other expense (470)
Foreign currency transaction gain (loss) (3,034)
TOTAL OTHER INCOME (EXPENSE) (28,091) $ (24,370)
LOSS BEFORE INCOME TAXES $ (69,106) $ (108,653)
INCOME TAX EXPENSE
NET LOSS $ (69,106) $ (108,653)
OTHER COMPREHENSIVE LOSS    
Foreign currency translation loss (212,853) (561,448)
TOTAL OTHER COMPREHENSIVE LOSS $ (281,959) $ (670,101)
BASIC NET (LOSS) INCOME PER SHARE $ (0.00) $ (0.00)
DILUTED NET (LOSS) INCOME PER SHARE $ (0.00) $ (0.00)
BASIC WEIGHTED AVERAGE SHARES OUTSTANDING 125,630,532 125,585,532
DILUTED WEIGHTED AVERAGE SHARES OUTSTANDING 125,630,532 125,794,018