10-Q Filing

AAA CENTURY GROUP USA, INC. CIK: 1409014 Q2 2016

Filing Information

Form Type	10-Q
Accession Number	`0001553350-16-002424`
Period End Date	20160630
Filing Date	20160825
Fiscal Year	2016
Fiscal Period	Q2
XBRL Instance	crdw-20160630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 57 Income Statement 61 Cash Flow Statement 63 Stockholders Equity 12

Balance Sheet 57 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`	$3.15K	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$2.00	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$835.00	USD	Point-in-time
Prepaid Expenses	`PrepaidExpenseCurrent`	-	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Prepaid Expenses	`PrepaidExpenseCurrent`	$3.73K	USD	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
TOTAL CURRENT ASSETS	`AssetsCurrent`	$2.00	USD	Point-in-time
TOTAL CURRENT ASSETS	`AssetsCurrent`	$4.57K	USD	Point-in-time
Prepaid Expenses	`PrepaidExpenseNoncurrent`	-	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Prepaid Expenses	`PrepaidExpenseNoncurrent`	-	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	100.00M	shares	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
TOTAL ASSETS	`Assets`	$2.00	USD	Point-in-time
TOTAL ASSETS	`Assets`	$4.57K	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
Accounts payable	`AccountsPayableCurrent`	$8.78K	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$127.90K	USD	Point-in-time
Due to related parties	`DueToRelatedPartiesCurrent`	-	USD	Point-in-time
Due to related parties	`DueToRelatedPartiesCurrent`	$11.31K	USD	Point-in-time
Accrued interest, related parties	`AccruedInterestRelatedPartiesCurrent`	$33.75K	USD	Point-in-time
Accrued interest, related parties	`AccruedInterestRelatedPartiesCurrent`	-	USD	Point-in-time
Accrued interest, note payable	`InterestPayableCurrent`	$54.90K	USD	Point-in-time
Accrued interest, note payable	`InterestPayableCurrent`	$15.27K	USD	Point-in-time
Note payable, other, net of original issue discount, in default	`OtherNotesPayableCurrent`	$12.00K	USD	Point-in-time
Note payable, other, net of original issue discount, in default	`OtherNotesPayableCurrent`	-	USD	Point-in-time
Convertible notes payable, in default	`ConvertibleNotesPayableCurrent`	$215.00K	USD	Point-in-time
Convertible notes payable, in default	`ConvertibleNotesPayableCurrent`	$50.00K	USD	Point-in-time
TOTAL CURRENT LIABILITIES	`LiabilitiesCurrent`	$454.86K	USD	Point-in-time
TOTAL CURRENT LIABILITIES	`LiabilitiesCurrent`	$74.04K	USD	Point-in-time
TOTAL LIABILITIES	`Liabilities`	$74.04K	USD	Point-in-time
TOTAL LIABILITIES	`Liabilities`	$454.86K	USD	Point-in-time
Preferred stock, $0.0001 par value; 10,000,000 shares authorized; no shares issued and outstanding at June 30, 2016 and December 31, 2015	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $0.0001 par value; 10,000,000 shares authorized; no shares issued and outstanding at June 30, 2016 and December 31, 2015	`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, 2016 and December 31, 2015	`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, 2016 and December 31, 2015	`CommonStockValue`	$2.26K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$29.13K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$288.08K	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-359.81K	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-486.25K	USD	Point-in-time
TOTAL STOCKHOLDERS' EQUITY (DEFICIT)	`StockholdersEquity`	$-454.86K	USD	Point-in-time
TOTAL STOCKHOLDERS' EQUITY (DEFICIT)	`StockholdersEquity`	$-415.26K	USD	Point-in-time
TOTAL STOCKHOLDERS' EQUITY (DEFICIT)	`StockholdersEquity`	$-69.47K	USD	Point-in-time
TOTAL LIABILITIES A ND STOCKHOLDERS' EQUITY (DEFICIT)	`LiabilitiesAndStockholdersEquity`	$4.57K	USD	Point-in-time
TOTAL LIABILITIES A ND STOCKHOLDERS' EQUITY (DEFICIT)	`LiabilitiesAndStockholdersEquity`	$2.00	USD	Point-in-time

Income Statement 61 line items

Line Item	Tag	Value	Unit	Period
Revenue	`SalesRevenueNet`	$10.00K	USD	1 Quarter
Revenue	`SalesRevenueNet`	$14.20K	USD	2 Qtrs
Revenue	`SalesRevenueNet`	$10.00K	USD	2 Qtrs
Revenue	`SalesRevenueNet`	$14.20K	USD	1 Quarter
Operating expenses	`OperatingCostsAndExpenses`	$29.98K	USD	2 Qtrs
Operating expenses	`OperatingCostsAndExpenses`	$11.86K	USD	1 Quarter
Operating expenses	`OperatingCostsAndExpenses`	$5.21K	USD	1 Quarter
Operating expenses	`OperatingCostsAndExpenses`	$14.76K	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$29.98K	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$5.21K	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$14.76K	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$11.86K	USD	1 Quarter
Net operating (loss)	`OperatingIncomeLoss`	$4.79K	USD	1 Quarter
Net operating (loss)	`OperatingIncomeLoss`	$2.34K	USD	1 Quarter
Net operating (loss)	`OperatingIncomeLoss`	$-4.76K	USD	2 Qtrs
Net operating (loss)	`OperatingIncomeLoss`	$-15.78K	USD	2 Qtrs
Gain on Debt Settlement	`GainsLossesOnExtinguishmentOfDebt`	$140.93K	USD	1 Quarter
Gain on Debt Settlement	`GainsLossesOnExtinguishmentOfDebt`	$140.93K	USD	2 Qtrs
Gain on Debt Settlement	`GainsLossesOnExtinguishmentOfDebt`	-	USD	2 Qtrs
Gain on Debt Settlement	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Interest expense	`InterestExpense`	$4.04K	USD	1 Quarter
Interest expense	`InterestExpense`	$16.94K	USD	2 Qtrs
Interest expense	`InterestExpense`	$9.73K	USD	2 Qtrs
Interest expense	`InterestExpense`	$7.97K	USD	1 Quarter
Total other income (expense)	`NonoperatingIncomeExpense`	$-16.94K	USD	2 Qtrs
Total other income (expense)	`NonoperatingIncomeExpense`	$131.20K	USD	2 Qtrs
Total other income (expense)	`NonoperatingIncomeExpense`	$136.89K	USD	1 Quarter
Total other income (expense)	`NonoperatingIncomeExpense`	$-7.97K	USD	1 Quarter
Net Income (Loss) from continuing operations	`IncomeLossFromContinuingOperations`	$-32.71K	USD	2 Qtrs
Net Income (Loss) from continuing operations	`IncomeLossFromContinuingOperations`	$126.44K	USD	2 Qtrs
Net Income (Loss) from continuing operations	`IncomeLossFromContinuingOperations`	$141.68K	USD	1 Quarter
Net Income (Loss) from continuing operations	`IncomeLossFromContinuingOperations`	$-5.63K	USD	1 Quarter
Gain (loss) from Discontinued Operations	`IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity`	-	USD	1 Quarter
Gain (loss) from Discontinued Operations	`IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity`	-	USD	2 Qtrs
Gain (loss) from Discontinued Operations	`IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity`	$29.00	USD	2 Qtrs
Gain (loss) from Discontinued Operations	`IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity`	$226.00	USD	1 Quarter
Net profit (loss)	`NetIncomeLoss`	$-32.68K	USD	2 Qtrs
Net profit (loss)	`NetIncomeLoss`	$141.68K	USD	1 Quarter
Net profit (loss)	`NetIncomeLoss`	$-39.60K	USD	Annual
Net profit (loss)	`NetIncomeLoss`	$-5.40K	USD	1 Quarter
Net profit (loss)	`NetIncomeLoss`	$126.44K	USD	2 Qtrs
Basic and diluted loss per share from continuing operations	`IncomeLossFromContinuingOperationsPerBasicAndDilutedShare`	-	USD	1 Quarter
Basic and diluted loss per share from continuing operations	`IncomeLossFromContinuingOperationsPerBasicAndDilutedShare`	$0.01	USD	1 Quarter
Basic and diluted loss per share from continuing operations	`IncomeLossFromContinuingOperationsPerBasicAndDilutedShare`	-	USD	2 Qtrs
Basic and diluted loss per share from continuing operations	`IncomeLossFromContinuingOperationsPerBasicAndDilutedShare`	$0.01	USD	2 Qtrs
Basic and diluted income per share from discontinued operations	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicAndDilutedShare`	-	USD	2 Qtrs
Basic and diluted income per share from discontinued operations	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicAndDilutedShare`	-	USD	1 Quarter
Basic and diluted income per share from discontinued operations	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicAndDilutedShare`	-	USD	1 Quarter
Basic and diluted income 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`	$0.01	USD	2 Qtrs
Basic and diluted net income (loss) per share	`EarningsPerShareBasicAndDiluted`	$0.01	USD	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	22.56M	shares	2 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	22.56M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	22.56M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	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
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	22.56M	shares	2 Qtrs

Cash Flow Statement 63 line items

Line Item	Tag	Value	Unit	Period
Net Income (loss)	`NetIncomeLoss`	$-32.68K	USD	2 Qtrs
Net Income (loss)	`NetIncomeLoss`	$141.68K	USD	1 Quarter
Net Income (loss)	`NetIncomeLoss`	$-39.60K	USD	Annual
Net Income (loss)	`NetIncomeLoss`	$-5.40K	USD	1 Quarter
Net Income (loss)	`NetIncomeLoss`	$126.44K	USD	2 Qtrs
Amortization of original issue discount	`AmortizationOfDebtDiscountPremium`	$4.00K	USD	2 Qtrs
Amortization of original issue discount	`AmortizationOfDebtDiscountPremium`	-	USD	2 Qtrs
Gain on Debt Settlement	`GainsLossesOnExtinguishmentOfDebt`	$140.93K	USD	1 Quarter
Gain on Debt Settlement	`GainsLossesOnExtinguishmentOfDebt`	$140.93K	USD	2 Qtrs
Gain on Debt Settlement	`GainsLossesOnExtinguishmentOfDebt`	-	USD	2 Qtrs
Gain on Debt Settlement	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Depreciation	`Depreciation`	-	USD	2 Qtrs
Depreciation	`Depreciation`	$1.49K	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	-	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$2.50K	USD	2 Qtrs
Prepaid Expenses	`IncreaseDecreaseInPrepaidExpense`	$3.73K	USD	2 Qtrs
Prepaid Expenses	`IncreaseDecreaseInPrepaidExpense`	-	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-29.89K	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$14.28K	USD	2 Qtrs
Accrued interest, related party	`IncreaseDecreaseInAccruedInterestRelatedParty`	$-39.63K	USD	2 Qtrs
Accrued interest, related party	`IncreaseDecreaseInAccruedInterestRelatedParty`	$2.27K	USD	2 Qtrs
Accrued interest, note payable	`IncreaseDecreaseInInterestPayableNet`	$15.62K	USD	2 Qtrs
Accrued interest, note payable	`IncreaseDecreaseInInterestPayableNet`	$10.66K	USD	2 Qtrs
Accrued expenses and other current liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$-250.00	USD	2 Qtrs
Accrued expenses and other current liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	-	USD	2 Qtrs
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-72.14K	USD	2 Qtrs
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-2.73K	USD	2 Qtrs
Cash reduction due to related party sale	`PaymentsForProceedsFromOtherInvestingActivities`	$4.41K	USD	2 Qtrs
Cash reduction due to related party sale	`PaymentsForProceedsFromOtherInvestingActivities`	-	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`	-	USD	2 Qtrs
Proceeds from related parties	`ProceedsFromRelatedPartyDebt`	$1.00K	USD	2 Qtrs
Proceeds from related parties	`ProceedsFromRelatedPartyDebt`	-	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
Payments on Debt Settlement	`RepaymentsOfOtherDebt`	$160.00K	USD	2 Qtrs
Payments on Debt Settlement	`RepaymentsOfOtherDebt`	-	USD	2 Qtrs
Payments on Debt Settlement- Related Party	`PaymentsOnDebtSettlementRelatedParty`	$11.31K	USD	2 Qtrs
Payments on Debt Settlement- Related Party	`PaymentsOnDebtSettlementRelatedParty`	-	USD	2 Qtrs
Additional-Paid-In-Capital from Related Party	`ProceedsFromContributionsFromAffiliates`	-	USD	2 Qtrs
Additional-Paid-In-Capital from Related Party	`ProceedsFromContributionsFromAffiliates`	$244.28K	USD	2 Qtrs
Net cash provided (used in) by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$72.97K	USD	2 Qtrs
Net cash provided (used in) by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$4.00K	USD	2 Qtrs
NET INCREASE (DECREASE) IN CASH	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-3.15K	USD	2 Qtrs
NET INCREASE (DECREASE) IN CASH	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$833.00	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`	$3.15K	USD	Point-in-time
CASH AND CASH EQUIVALENTS, beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$2.00	USD	Point-in-time
CASH AND CASH EQUIVALENTS, beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$835.00	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`	$3.15K	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`	$835.00	USD	Point-in-time
Interest	`InterestPaid`	-	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
Related Party Forgiveness of Debt	`RelatedPartyForgivenessOfDebt`	$14.67K	USD	2 Qtrs
Related Party Forgiveness of Debt	`RelatedPartyForgivenessOfDebt`	-	USD	2 Qtrs

Stockholders Equity 12 line items

Line Item	Tag	Value	Unit	Period
Balance	`StockholdersEquity`	$-454.86K	USD	Point-in-time
Balance	`StockholdersEquity`	$-415.26K	USD	Point-in-time
Balance	`StockholdersEquity`	$-69.47K	USD	Point-in-time
Contributed Capital from Related Party	`AdjustmentsToAdditionalPaidInCapitalOther`	$258.95K	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$-32.68K	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$141.68K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-39.60K	USD	Annual
Net income (loss)	`NetIncomeLoss`	$-5.40K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$126.44K	USD	2 Qtrs
Balance	`StockholdersEquity`	$-454.86K	USD	Point-in-time
Balance	`StockholdersEquity`	$-415.26K	USD	Point-in-time
Balance	`StockholdersEquity`	$-69.47K	USD	Point-in-time

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