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CONDENSED STATEMENTS OF OPERATIONS (UNAUDITED) (USD $)
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3 Months Ended | 6 Months Ended | ||
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Jun. 30, 2013
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Jun. 30, 2012
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Jun. 30, 2013
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Jun. 30, 2012
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| Revenues: | ||||
| Commission income | $ 967 | $ 9,124 | $ 967 | $ 9,124 |
| Consulting fee | 65,500 | 57,000 | 607,962 | 135,475 |
| Total revenues | 66,467 | 66,124 | 608,929 | 144,599 |
| Operating expenses: | ||||
| Consulting expense | 43,500 | 72,902 | 43,500 | 97,902 |
| Commission expense | 0 | 0 | 180,300 | 0 |
| General and administrative | 29,084 | 19,747 | 42,405 | 39,700 |
| Total operating expenses | 72,584 | 92,649 | 266,205 | 137,602 |
| Income (loss) from operations | (6,117) | (26,525) | 342,724 | 6,997 |
| Other Expense | ||||
| Interest expense | (19,323) | (25,228) | (42,278) | (50,944) |
| Total other expense | (19,323) | (25,228) | (42,278) | (50,944) |
| Income (loss) before income taxes | (25,440) | (51,753) | 300,446 | (43,947) |
| Income taxes | 0 | 0 | 0 | 0 |
| Net Income (loss) | $ (25,440) | $ (51,753) | $ 300,446 | $ (43,947) |
| Net income (loss) per common share | ||||
| Basic and diluted (in Dollars per share) | $ 0.00 | $ (0.01) | $ 0.03 | $ (0.01) |
| Weighted average common shares outstanding | ||||
| Basic and diluted (in Shares) | 8,704,669 | 8,704,669 | 8,704,669 | 8,704,669 |
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- Definition
Total costs related to services rendered by an entity during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The amount of net income or loss for the period per each share in instances when basic and diluted earnings per share are the same amount and reported as a single line item on the face of the financial statements. Basic earnings per share is the amount of net income or loss for the period per each share of common stock or unit outstanding during the reporting period. Diluted earnings per share includes the amount of net income or loss for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period. No definition available.
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- Definition
Amount of fees and commissions from financial services and banking activities and correspondent clearing. Includes fees from depositor accounts, credit cards, merchant discounts, and fiduciary and trust activities, guarantee fees, investment advisory, management, and administrative fees, transfer agent fees, and insurance commissions. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The aggregate total of expenses of managing and administering the affairs of an entity, including affiliates of the reporting entity, which are not directly or indirectly associated with the manufacture, sale or creation of a product or product line. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
This element represents the income or loss from continuing operations attributable to the economic entity which may also be defined as revenue less expenses from ongoing operations, after income or loss from equity method investments, but before income taxes, extraordinary items, and noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of the cost of borrowed funds accounted for as interest expense. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The aggregate amount of income or expense from ancillary business-related activities (that is to say, excluding major activities considered part of the normal operations of the business). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Generally recurring costs associated with normal operations except for the portion of these expenses which can be clearly related to production and included in cost of sales or services. Includes selling, general and administrative expense. No definition available.
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The net result for the period of deducting operating expenses from operating revenues. No definition available.
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- Definition
Amount of revenue recognized from goods sold, services rendered, insurance premiums, or other activities that constitute an earning process. Includes, but is not limited to, investment and interest income before deduction of interest expense when recognized as a component of revenue, and sales and trading gain (loss). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Primarily represents commissions incurred in the period based upon the sale by commissioned employees or third parties of the entity's goods or services, and fees for sales assistance or product enhancements performed by third parties (such as a distributor or value added reseller). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Aggregate revenue during the period from services rendered in the normal course of business, after deducting allowances and discounts. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Average number of shares or units issued and outstanding that are used in calculating basic and diluted earnings per share (EPS). No definition available.
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