10-K/A Filing

CEETOP INC. CIK: 1439254 FY 2014

Filing Information

Form Type	10-K/A
Accession Number	`0001213900-16-012324`
Period End Date	20141231
Filing Date	20160408
Fiscal Year	2014
Fiscal Period	FY
XBRL Instance	ctop-20141231.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 58 Income Statement 30 Cash Flow Statement 54 Stockholders Equity 21

Balance Sheet 58 line items

Line Item	Tag	Value	Unit	Period
Common Stock, par value (In dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common Stock, par value (In dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$118.30K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$25.16K	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	17.96M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	46.96M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$71.61K	USD	Point-in-time
Common Stock, Shares, Outstanding	`CommonStockSharesOutstanding`	46.96M	shares	Point-in-time
Other receivables	`OtherReceivablesNetCurrent`	$86.60K	USD	Point-in-time
Common Stock, Shares, Outstanding	`CommonStockSharesOutstanding`	17.96M	shares	Point-in-time
Other receivables	`OtherReceivablesNetCurrent`	$203.92K	USD	Point-in-time
Due from related party (Note 15)	`DueFromRelatedPartiesCurrent`	$172.63K	USD	Point-in-time
Due from related party (Note 15)	`DueFromRelatedPartiesCurrent`	-	USD	Point-in-time
Prepaid expenses and deposits (Note 5)	`PrepaymentsAndDepositsCurrent`	$22.99K	USD	Point-in-time
Prepaid expenses and deposits (Note 5)	`PrepaymentsAndDepositsCurrent`	$163.77K	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$227.90K	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$565.48K	USD	Point-in-time
Prepayment for software development(Note 5)	`PrepaidSoftwareDevelopmentExpenses`	$975.00K	USD	Point-in-time
Prepayment for software development(Note 5)	`PrepaidSoftwareDevelopmentExpenses`	$981.64K	USD	Point-in-time
Property, plant and equipment, net (Note 3)	`PropertyPlantAndEquipmentNet`	$266.58K	USD	Point-in-time
Property, plant and equipment, net (Note 3)	`PropertyPlantAndEquipmentNet`	$153.98K	USD	Point-in-time
Equity investment in an investee company (Note 4)	`EquityMethodInvestments`	$1.30M	USD	Point-in-time
Equity investment in an investee company (Note 4)	`EquityMethodInvestments`	$1.27M	USD	Point-in-time
Equity investment in an investee company (Note 4)	`EquityMethodInvestments`	8.50M	CNY	Point-in-time
Equity investment in an investee company (Note 4)	`EquityMethodInvestments`	$1.38M	USD	Point-in-time
Total Assets	`Assets`	$2.78M	USD	Point-in-time
Total Assets	`Assets`	$2.96M	USD	Point-in-time
Accrued expenses and other payables	`AccountsPayableAndOtherAccruedLiabilitiesCurrent`	$357.22K	USD	Point-in-time
Accrued expenses and other payables	`AccountsPayableAndOtherAccruedLiabilitiesCurrent`	$335.23K	USD	Point-in-time
Due to related party (Note 15)	`DueToRelatedPartiesCurrent`	-	USD	Point-in-time
Due to related party (Note 15)	`DueToRelatedPartiesCurrent`	$300.62K	USD	Point-in-time
Total Current Liabilities	`Liabilities`	$657.84K	USD	Point-in-time
Total Current Liabilities	`Liabilities`	$335.23K	USD	Point-in-time
Common stock, $0.001 par value, 100,000,000 shares authorized, 46,956,631 and 17,956,631 shares issued and outstanding as at December 31, 2014 and 2013 (Note 8)	`CommonStockValue`	$17.96K	USD	Point-in-time
Common stock, $0.001 par value, 100,000,000 shares authorized, 46,956,631 and 17,956,631 shares issued and outstanding as at December 31, 2014 and 2013 (Note 8)	`CommonStockValue`	$46.96K	USD	Point-in-time
Common stock, $0.001 par value, 100,000,000 shares authorized, 46,956,631 and 17,956,631 shares issued and outstanding as at December 31, 2014 and 2013 (Note 8)	`CommonStockValue`	$6.00K	USD	Point-in-time
Additional paid-in capital (Note 9)	`AdditionalPaidInCapital`	$970.45K	USD	Point-in-time
Additional paid-in capital (Note 9)	`AdditionalPaidInCapital`	$3.66M	USD	Point-in-time
Additional paid-in capital (Note 9)	`AdditionalPaidInCapital`	$7.28M	USD	Point-in-time
Additional paid-in capital (Note 9)	`AdditionalPaidInCapital`	$12.47M	USD	Point-in-time
Subscription receivable	`CommonStockShareSubscribedButUnissuedSubscriptionsReceivable`	-	USD	Point-in-time
Subscription receivable	`CommonStockShareSubscribedButUnissuedSubscriptionsReceivable`	$368.00K	USD	Point-in-time
Shares subscription (Note 6)	`CommonStockSharesSubscriptions`	$3.68M	USD	Point-in-time
Shares subscription (Note 6)	`CommonStockSharesSubscriptions`	-	USD	Point-in-time
Deferred stock based compensation (Note 10)	`DeferredCompensationEquity`	$117.28K	USD	Point-in-time
Deferred stock based compensation (Note 10)	`DeferredCompensationEquity`	-	USD	Point-in-time
Accumulated other comprehensive income (Note 12)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$170.69K	USD	Point-in-time
Accumulated other comprehensive income (Note 12)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$188.67K	USD	Point-in-time
Accumulated other comprehensive income (Note 12)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$116.58K	USD	Point-in-time
Accumulated (deficit)	`RetainedEarningsAccumulatedDeficit`	$-8.61M	USD	Point-in-time
Accumulated (deficit)	`RetainedEarningsAccumulatedDeficit`	$-10.02M	USD	Point-in-time
Total Stockholders' Equity (Deficit)	`StockholdersEquity`	$2.44M	USD	Point-in-time
Total Stockholders' Equity (Deficit)	`StockholdersEquity`	$143.92K	USD	Point-in-time
Total Stockholders' Equity (Deficit)	`StockholdersEquity`	$2.30M	USD	Point-in-time
Total Liabilities and Stockholders' Equity	`LiabilitiesAndStockholdersEquity`	$2.96M	USD	Point-in-time
Total Liabilities and Stockholders' Equity	`LiabilitiesAndStockholdersEquity`	$2.78M	USD	Point-in-time

Income Statement 30 line items

Line Item	Tag	Value	Unit	Period
Sales	`SalesRevenueGoodsNet`	$361.89K	USD	Annual
Sales	`SalesRevenueGoodsNet`	-	USD	Annual
Cost of sales	`CostOfGoodsSold`	$360.44K	USD	Annual
Cost of sales	`CostOfGoodsSold`	-	USD	Annual
Gross profit	`GrossProfit`	-	USD	Annual
Gross profit	`GrossProfit`	$1.44K	USD	Annual
Selling, general and administrative expense	`SellingGeneralAndAdministrativeExpense`	$2.43M	USD	Annual
Selling, general and administrative expense	`SellingGeneralAndAdministrativeExpense`	$1.32M	USD	Annual
Impairment loss on accounts receivable	`ImparmentLossOnAccountsReceivable`	-	USD	Annual
Impairment loss on accounts receivable	`ImparmentLossOnAccountsReceivable`	$291.72K	USD	Annual
Impairment loss on other receivables	`ImparmentLossOnOtherReceivables`	$77.49K	USD	Annual
Impairment loss on other receivables	`ImparmentLossOnOtherReceivables`	-	USD	Annual
(Loss) from operations	`OperatingIncomeLoss`	$-1.32M	USD	Annual
(Loss) from operations	`OperatingIncomeLoss`	$-2.80M	USD	Annual
Other income (loss)	`NonoperatingIncomeExpense`	$-71.60K	USD	Annual
Other income (loss)	`NonoperatingIncomeExpense`	-	USD	Annual
Equity (loss)-share of investee company (Note 4)	`GainLossOnSaleOfStockInSubsidiaryOrEquityMethodInvestee`	$-26.15K	USD	Annual
Equity (loss)-share of investee company (Note 4)	`GainLossOnSaleOfStockInSubsidiaryOrEquityMethodInvestee`	$-89.47K	USD	Annual
Interest income	`InvestmentIncomeInterest`	$4.99K	USD	Annual
Interest income	`InvestmentIncomeInterest`	$300.00	USD	Annual
Net (loss)	`NetIncomeLoss`	$-1.42M	USD	Annual
Net (loss)	`NetIncomeLoss`	$-2.89M	USD	Annual
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$72.09K	USD	Annual
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-17.97K	USD	Annual
Comprehensive (loss)	`ComprehensiveIncomeNetOfTax`	$-2.81M	USD	Annual
Comprehensive (loss)	`ComprehensiveIncomeNetOfTax`	$-1.43M	USD	Annual
Net (loss) per share - basic and diluted	`EarningsPerShareBasicAndDiluted`	$-0.17	USD	Annual
Net (loss) per share - basic and diluted	`EarningsPerShareBasicAndDiluted`	$-0.03	USD	Annual
Weighted average shares outstanding-basic and diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	42.34M	shares	Annual
Weighted average shares outstanding-basic and diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	16.89M	shares	Annual

Cash Flow Statement 54 line items

Line Item	Tag	Value	Unit	Period
Net (loss)	`NetIncomeLoss`	$-1.42M	USD	Annual
Net (loss)	`NetIncomeLoss`	$-2.89M	USD	Annual
Depreciation of property, plant and equipment	`Depreciation`	$33.74K	USD	Annual
Depreciation of property, plant and equipment	`Depreciation`	$50.52K	USD	Annual
Share based expenses	`ShareBasedCompensation`	$1.72M	USD	Annual
Share based expenses	`ShareBasedCompensation`	$692.28K	USD	Annual
Accounts receivable written off	`AllowanceForDoubtfulAccountsReceivableWriteOffs`	-	USD	Annual
Accounts receivable written off	`AllowanceForDoubtfulAccountsReceivableWriteOffs`	$291.72K	USD	Annual
Impairment loss on other receivables	`ImparmentLossOnOtherReceivables`	$77.49K	USD	Annual
Impairment loss on other receivables	`ImparmentLossOnOtherReceivables`	-	USD	Annual
Share of loss in equity investment in Softview	`GainLossOnSaleOfStockInSubsidiaryOrEquityMethodInvestee`	$-26.15K	USD	Annual
Share of loss in equity investment in Softview	`GainLossOnSaleOfStockInSubsidiaryOrEquityMethodInvestee`	$-89.47K	USD	Annual
Loss on disposal of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	-	USD	Annual
Loss on disposal of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$-3.85K	USD	Annual
Loss of disposal of properties	`GainLossOnSaleOfProperties`	$-67.90K	USD	Annual
Loss of disposal of properties	`GainLossOnSaleOfProperties`	-	USD	Annual
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	-	USD	Annual
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	-	USD	Annual
Other receivables, deposits and prepayment	`IncreaseDecreaseInOtherReceivables`	$4.20K	USD	Annual
Other receivables, deposits and prepayment	`IncreaseDecreaseInOtherReceivables`	$258.87K	USD	Annual
Due from related party	`IncreaseDecreaseInDueFromRelatedParties`	-	USD	Annual
Due from related party	`IncreaseDecreaseInDueFromRelatedParties`	$172.85K	USD	Annual
Accrued expenses and other payables	`IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities`	$23.53K	USD	Annual
Accrued expenses and other payables	`IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities`	$-362.32K	USD	Annual
Net cash (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-983.41K	USD	Annual
Net cash (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-1.04M	USD	Annual
Purchase of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$15.05K	USD	Annual
Purchase of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$278.66K	USD	Annual
Prepayment for software development	`PrepaymentsToSoftwareDevelopmentCosts`	-	USD	Annual
Prepayment for software development	`PrepaymentsToSoftwareDevelopmentCosts`	$968.63K	USD	Annual
Disposal of Property and Equipment	`PropertyPlantAndEquipmentDisposals`	$-3.68K	USD	Annual
Disposal of Property and Equipment	`PropertyPlantAndEquipmentDisposals`	-	USD	Annual
Equity investment in Softview	`PaymentsToAcquireInvestments`	-	USD	Annual
Equity investment in Softview	`PaymentsToAcquireInvestments`	$1.37M	USD	Annual
Net cash (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-2.62M	USD	Annual
Net cash (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-11.37K	USD	Annual
Advance from an investee company	`ProceedsFromContributionsFromAffiliates`	$301.00K	USD	Annual
Advance from an investee company	`ProceedsFromContributionsFromAffiliates`	-	USD	Annual
Funds received from share subscribers (note 6)	`FundsReceivedFromShareSubscribers`	$4.66M	USD	Annual
Funds received from share subscribers (note 6)	`FundsReceivedFromShareSubscribers`	$601.99K	USD	Annual
Funds returned to potential share subscribers (note 6)	`FundsReturnedToPotentialShareSubscribers`	$964.52K	USD	Annual
Funds returned to potential share subscribers (note 6)	`FundsReturnedToPotentialShareSubscribers`	-	USD	Annual
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$3.68M	USD	Annual
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$902.99K	USD	Annual
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$27.59K	USD	Annual
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-1.35K	USD	Annual
Net change in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-93.14K	USD	Annual
Net change in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$46.69K	USD	Annual
Cash and cash equivalents, beginning balance	`CashAndCashEquivalentsAtCarryingValue`	$118.30K	USD	Point-in-time
Cash and cash equivalents, beginning balance	`CashAndCashEquivalentsAtCarryingValue`	$25.16K	USD	Point-in-time
Cash and cash equivalents, beginning balance	`CashAndCashEquivalentsAtCarryingValue`	$71.61K	USD	Point-in-time
Cash and cash equivalents, ending balance	`CashAndCashEquivalentsAtCarryingValue`	$118.30K	USD	Point-in-time
Cash and cash equivalents, ending balance	`CashAndCashEquivalentsAtCarryingValue`	$25.16K	USD	Point-in-time
Cash and cash equivalents, ending balance	`CashAndCashEquivalentsAtCarryingValue`	$71.61K	USD	Point-in-time

Stockholders Equity 21 line items

Line Item	Tag	Value	Unit	Period
Beginning Balance	`StockholdersEquity`	$2.44M	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$143.92K	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$2.30M	USD	Point-in-time
Beginning Balance, (shares)	`SharesOutstanding`	-	shares	Point-in-time
Beginning Balance, (shares)	`SharesOutstanding`	-	shares	Point-in-time
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-17.97K	USD	Annual
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$72.09K	USD	Annual
Amortization of deferred stock based compensation (Note 10)	`AmortizationOfCommonStockForPrepaidService`	$692.28K	USD	Annual
Amortization of deferred stock based compensation (Note 10)	`AmortizationOfCommonStockForPrepaidService`	$277.38K	USD	Annual
Issuance of common stock due to shares subscription	`StockIssuedDuringPeriodValueForSubscription`	$602.45K	USD	Annual
Issuance of common stock to employees	`StockIssuedDuringPeriodValueIssuedToEmployees`	$1.44M	USD	Annual
Issuance of common stock for legal services	`StockIssuedDuringPeriodValueForLegalAdviser`	$4.44K	USD	Annual
Issuance of common stock for legal services (shares)	`StockIssuedDuringPeriodSharesForLegalAdviser`	-	shares	Annual
Shares subscribed	`SharesSubscribed`	$3.68M	USD	Annual
Loss for year	`NetIncomeLoss`	$-1.42M	USD	Annual
Loss for year	`NetIncomeLoss`	$-2.89M	USD	Annual
Balance	`StockholdersEquity`	$2.44M	USD	Point-in-time
Balance	`StockholdersEquity`	$143.92K	USD	Point-in-time
Balance	`StockholdersEquity`	$2.30M	USD	Point-in-time
Balance, (shares)	`SharesOutstanding`	-	shares	Point-in-time
Balance, (shares)	`SharesOutstanding`	-	shares	Point-in-time

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.