10-Q Filing

AAA CENTURY GROUP USA, INC. CIK: 1409014 Q2 2015

Filing Information

Form Type	10-Q
Accession Number	`0001493152-15-003945`
Period End Date	20150630
Filing Date	20150821
Fiscal Year	2015
Fiscal Period	Q2
XBRL Instance	crdw-20150630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 65 Income Statement 53 Cash Flow Statement 52 Stockholders Equity 12

Balance Sheet 65 line items

Line Item	Tag	Value	Unit	Period
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$2.00	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$11.09K	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.25K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.00	USD	Point-in-time
Accounts Receivable	`AccountsReceivableNetCurrent`	-	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Accounts Receivable	`AccountsReceivableNetCurrent`	$2.50K	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Cash and cash equivalents	`DisposalGroupIncludingDiscontinuedOperationCashAndCashEquivalents`	-	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	`DisposalGroupIncludingDiscontinuedOperationCashAndCashEquivalents`	$4.41K	USD	Point-in-time
Cash and cash equivalents	`DisposalGroupIncludingDiscontinuedOperationCashAndCashEquivalents`	$3.15K	USD	Point-in-time
TOTAL CURRENT ASSETS	`AssetsCurrent`	$2.50K	USD	Point-in-time
TOTAL CURRENT ASSETS	`AssetsCurrent`	$3.15K	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	22.56M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	22.56M	shares	Point-in-time
Property, plant and equipment, net of accumulated depreciation	`PropertyPlantAndEquipmentNet`	-	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	22.56M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	22.56M	shares	Point-in-time
Property, plant and equipment, net of accumulated depreciation	`PropertyPlantAndEquipmentNet`	$4.24K	USD	Point-in-time
TOTAL ASSETS	`Assets`	$7.39K	USD	Point-in-time
TOTAL ASSETS	`Assets`	$2.50K	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$93.13K	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$107.41K	USD	Point-in-time
Due to related parties	`DueToRelatedPartiesCurrent`	$21.31K	USD	Point-in-time
Due to related parties	`DueToRelatedPartiesCurrent`	$25.31K	USD	Point-in-time
Accrued interest, related parties	`AccruedInterestRelatedPartiesCurrent`	$32.83K	USD	Point-in-time
Accrued interest, related parties	`AccruedInterestRelatedPartiesCurrent`	$43.05K	USD	Point-in-time
Accrued interest, note payable	`InterestPayableCurrent`	$33.40K	USD	Point-in-time
Accrued interest, note payable	`InterestPayableCurrent`	$44.06K	USD	Point-in-time
Note payable, other, net of original issue discount	`OtherNotesPayableCurrent`	$12.00K	USD	Point-in-time
Note payable, other, net of original issue discount	`OtherNotesPayableCurrent`	-	USD	Point-in-time
Note payable, related party, in default	`NotesPayableRelatedPartiesClassifiedCurrent`	$12.50K	USD	Point-in-time
Note payable, related party, in default	`NotesPayableRelatedPartiesClassifiedCurrent`	-	USD	Point-in-time
Note payable, related party, in default	`NotesPayableRelatedPartiesClassifiedCurrent`	$215.00K	USD	Point-in-time
Convertible notes payable, in default	`ConvertibleNotesPayableCurrent`	$215.00K	USD	Point-in-time
Convertible notes payable, in default	`ConvertibleNotesPayableCurrent`	$215.00K	USD	Point-in-time
Accrued expenses and other current liabilities	`AccountsPayableAndOtherAccruedLiabilitiesCurrent`	$250.00	USD	Point-in-time
Accrued expenses and other current liabilities	`AccountsPayableAndOtherAccruedLiabilitiesCurrent`	-	USD	Point-in-time
TOTAL CURRENT LIABILITIES	`LiabilitiesCurrent`	$422.65K	USD	Point-in-time
TOTAL CURRENT LIABILITIES	`LiabilitiesCurrent`	$432.61K	USD	Point-in-time
TOTAL LIABILITIES	`Liabilities`	$422.65K	USD	Point-in-time
TOTAL LIABILITIES	`Liabilities`	$432.61K	USD	Point-in-time
Preferred stock, $0.0001 par value; 10,000,000 shares authorized; no shares issued and outstanding at June 30, 2015 and December 31, 2014	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $0.0001 par value; 10,000,000 shares authorized; no shares issued and outstanding at June 30, 2015 and December 31, 2014	`PreferredStockValue`	-	USD	Point-in-time
Common stock, $0.0001 par value; 100,000,000 shares authorized; 22,564,000 shares issued and outstanding at June 30, 2015 and December 31, 2014	`CommonStockValue`	$2.26K	USD	Point-in-time
Common stock, $0.0001 par value; 100,000,000 shares authorized; 22,564,000 shares issued and outstanding at June 30, 2015 and December 31, 2014	`CommonStockValue`	$2.26K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$29.13K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$11.30K	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-428.81K	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-461.50K	USD	Point-in-time
TOTAL STOCKHOLDERS' EQUITY (DEFICIT)	`StockholdersEquity`	$-335.20K	USD	Point-in-time
TOTAL STOCKHOLDERS' EQUITY (DEFICIT)	`StockholdersEquity`	$-415.26K	USD	Point-in-time
TOTAL STOCKHOLDERS' EQUITY (DEFICIT)	`StockholdersEquity`	$-430.11K	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT)	`LiabilitiesAndStockholdersEquity`	$2.50K	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT)	`LiabilitiesAndStockholdersEquity`	$7.39K	USD	Point-in-time

Income Statement 53 line items

Line Item	Tag	Value	Unit	Period
Revenue	`SalesRevenueNet`	$14.20K	USD	1 Quarter
Revenue	`SalesRevenueNet`	-	USD	1 Quarter
Revenue	`SalesRevenueNet`	$14.20K	USD	2 Qtrs
Revenue	`SalesRevenueNet`	-	USD	2 Qtrs
Operating expenses	`OperatingCostsAndExpenses`	$36.65K	USD	2 Qtrs
Operating expenses	`OperatingCostsAndExpenses`	$14.42K	USD	1 Quarter
Operating expenses	`OperatingCostsAndExpenses`	$29.98K	USD	2 Qtrs
Operating expenses	`OperatingCostsAndExpenses`	$11.86K	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$11.86K	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$14.42K	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$36.65K	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$29.98K	USD	2 Qtrs
Net operating income (loss)	`OperatingIncomeLoss`	$-14.42K	USD	1 Quarter
Net operating income (loss)	`OperatingIncomeLoss`	$-15.78K	USD	2 Qtrs
Net operating income (loss)	`OperatingIncomeLoss`	$2.34K	USD	1 Quarter
Net operating income (loss)	`OperatingIncomeLoss`	$-36.65K	USD	2 Qtrs
Interest expense	`InterestExpense`	$12.83K	USD	2 Qtrs
Interest expense	`InterestExpense`	$7.97K	USD	1 Quarter
Interest expense	`InterestExpense`	$6.60K	USD	1 Quarter
Interest expense	`InterestExpense`	$16.94K	USD	2 Qtrs
Loss from Continuing Operations	`IncomeLossFromContinuingOperations`	$-5.63K	USD	1 Quarter
Loss from Continuing Operations	`IncomeLossFromContinuingOperations`	$-32.71K	USD	2 Qtrs
Loss from Continuing Operations	`IncomeLossFromContinuingOperations`	$-21.02K	USD	1 Quarter
Loss from Continuing Operations	`IncomeLossFromContinuingOperations`	$-49.48K	USD	2 Qtrs
Gain (loss) from Discontinued Operations	`IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity`	$29.00	USD	2 Qtrs
Gain (loss) from Discontinued Operations	`IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity`	$227.00	USD	1 Quarter
Gain (loss) from Discontinued Operations	`IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity`	$-272.00	USD	1 Quarter
Gain (loss) from Discontinued Operations	`IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity`	$-491.00	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$-80.06K	USD	Annual
Net income (loss)	`NetIncomeLoss`	$-5.40K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-32.68K	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$-21.29K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-49.97K	USD	2 Qtrs
Basic and diluted income (loss) per share from continuing operations	`IncomeLossFromContinuingOperationsPerBasicAndDilutedShare`	-	USD	2 Qtrs
Basic and diluted income (loss) per share from continuing operations	`IncomeLossFromContinuingOperationsPerBasicAndDilutedShare`	-	USD	1 Quarter
Basic and diluted income (loss) per share from continuing operations	`IncomeLossFromContinuingOperationsPerBasicAndDilutedShare`	-	USD	2 Qtrs
Basic and diluted income (loss) per share from continuing operations	`IncomeLossFromContinuingOperationsPerBasicAndDilutedShare`	-	USD	1 Quarter
Basic and diluted income (loss) per share from discontinued operations	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicAndDilutedShare`	-	USD	1 Quarter
Basic and diluted income (loss) per share from discontinued operations	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicAndDilutedShare`	-	USD	2 Qtrs
Basic and diluted income (loss) per share from discontinued operations	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicAndDilutedShare`	-	USD	1 Quarter
Basic and diluted income (loss) per share from discontinued operations	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicAndDilutedShare`	-	USD	2 Qtrs
Basic and diluted net income (loss) per share	`EarningsPerShareBasicAndDiluted`	-	USD	2 Qtrs
Basic and diluted net income (loss) per share	`EarningsPerShareBasicAndDiluted`	-	USD	1 Quarter
Basic and diluted net income (loss) per share	`EarningsPerShareBasicAndDiluted`	-	USD	2 Qtrs
Basic and diluted net income (loss) per share	`EarningsPerShareBasicAndDiluted`	-	USD	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	22.56M	shares	2 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	22.56M	shares	2 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	22.56M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	22.56M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	22.56M	shares	2 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	22.56M	shares	2 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	22.56M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	22.56M	shares	1 Quarter

Cash Flow Statement 52 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-80.06K	USD	Annual
Net loss	`NetIncomeLoss`	$-5.40K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-32.68K	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-21.29K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-49.97K	USD	2 Qtrs
Amortization of original issue discount	`AmortizationOfDebtDiscountPremium`	$4.00K	USD	2 Qtrs
Amortization of original issue discount	`AmortizationOfDebtDiscountPremium`	$4.00K	USD	Point-in-time
Amortization of original issue discount	`AmortizationOfDebtDiscountPremium`	-	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$1.49K	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$2.33K	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$2.50K	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	-	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$14.28K	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$17.18K	USD	2 Qtrs
Accrued interest, related party	`IncreaseDecreaseInAccruedInterestRelatedParty`	$2.27K	USD	2 Qtrs
Accrued interest, related party	`IncreaseDecreaseInAccruedInterestRelatedParty`	$930.00	USD	2 Qtrs
Accrued interest, note payable	`IncreaseDecreaseInInterestPayableNet`	$10.72K	USD	2 Qtrs
Accrued interest, note payable	`IncreaseDecreaseInInterestPayableNet`	$10.66K	USD	2 Qtrs
Accrued expenses and other current liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$-432.00	USD	2 Qtrs
Accrued expenses and other current liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$-250.00	USD	2 Qtrs
Net cash (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-2.73K	USD	2 Qtrs
Net cash (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-19.25K	USD	2 Qtrs
Cash reduction due to related party sale	`CashReductionDueToRelatedPartySale`	$-4.41K	USD	2 Qtrs
Cash reduction due to related party sale	`CashReductionDueToRelatedPartySale`	-	USD	2 Qtrs
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	-	USD	2 Qtrs
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-4.41K	USD	2 Qtrs
Payments to related parties	`RepaymentsOfRelatedPartyDebt`	$5.00K	USD	2 Qtrs
Payments to related parties	`RepaymentsOfRelatedPartyDebt`	$50.00K	USD	Point-in-time
Payments to related parties	`RepaymentsOfRelatedPartyDebt`	$13.11K	USD	2 Qtrs
Proceeds from related parties	`ProceedsFromRelatedPartyDebt`	$22.52K	USD	2 Qtrs
Proceeds from related parties	`ProceedsFromRelatedPartyDebt`	$1.00K	USD	2 Qtrs
Proceeds from Notes Payable, Net of Original Issue Discount	`ProceedsFromNotesPayable`	-	USD	2 Qtrs
Proceeds from Notes Payable, Net of Original Issue Discount	`ProceedsFromNotesPayable`	$8.00K	USD	2 Qtrs
Proceeds from Notes Payable, Net of Original Issue Discount	`ProceedsFromNotesPayable`	$8.00K	USD	Point-in-time
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$4.00K	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$9.41K	USD	2 Qtrs
NET INCREASE (DECREASE) IN CASH	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-3.15K	USD	2 Qtrs
NET INCREASE (DECREASE) IN CASH	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-9.84K	USD	2 Qtrs
CASH AND CASH EQUIVALENTS, beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$2.00	USD	Point-in-time
CASH AND CASH EQUIVALENTS, beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$11.09K	USD	Point-in-time
CASH AND CASH EQUIVALENTS, beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$1.25K	USD	Point-in-time
CASH AND CASH EQUIVALENTS, beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$1.00	USD	Point-in-time
CASH AND CASH EQUIVALENTS, end of period	`CashAndCashEquivalentsAtCarryingValue`	$2.00	USD	Point-in-time
CASH AND CASH EQUIVALENTS, end of period	`CashAndCashEquivalentsAtCarryingValue`	$11.09K	USD	Point-in-time
CASH AND CASH EQUIVALENTS, end of period	`CashAndCashEquivalentsAtCarryingValue`	$1.25K	USD	Point-in-time
CASH AND CASH EQUIVALENTS, end of period	`CashAndCashEquivalentsAtCarryingValue`	$1.00	USD	Point-in-time
Interest	`InterestPaid`	$1.18K	USD	2 Qtrs
Interest	`InterestPaid`	-	USD	2 Qtrs
Income taxes	`IncomeTaxesPaidNet`	$800.00	USD	2 Qtrs
Income taxes	`IncomeTaxesPaidNet`	-	USD	2 Qtrs
Related party contribution	`RelatedPartyContribution`	$25.00K	USD	2 Qtrs
Related party contribution	`RelatedPartyContribution`	-	USD	2 Qtrs

Stockholders Equity 12 line items

Line Item	Tag	Value	Unit	Period
Balance	`StockholdersEquity`	$-335.20K	USD	Point-in-time
Balance	`StockholdersEquity`	$-415.26K	USD	Point-in-time
Balance	`StockholdersEquity`	$-430.11K	USD	Point-in-time
Additional Paid-In Capital from Related Party for Gain on Sale of Assets	`AdditionalPaidinCapitalFromRelatedPartyForGainOnSaleOfAssets`	$17.84K	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-80.06K	USD	Annual
Net loss	`NetIncomeLoss`	$-5.40K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-32.68K	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-21.29K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-49.97K	USD	2 Qtrs
Balance	`StockholdersEquity`	$-335.20K	USD	Point-in-time
Balance	`StockholdersEquity`	$-415.26K	USD	Point-in-time
Balance	`StockholdersEquity`	$-430.11K	USD	Point-in-time

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