10-Q Filing

CLUSTER GROUP HOLDINGS LTD CO CIK: 1346287 Q3 2017

Filing Information

Form Type	10-Q
Accession Number	`0001213900-17-012450`
Period End Date	20170930
Filing Date	20171121
Fiscal Year	2017
Fiscal Period	Q3
XBRL Instance	cnct-20170930.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 44 Income Statement 38 Cash Flow Statement 32 Stockholders Equity 13

Balance Sheet 44 line items

Line Item	Tag	Value	Unit	Period
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	1.00B	shares	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	1.00B	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	181.88M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	147.21M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	181.88M	shares	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$200.00K	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	147.21M	shares	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$200.00K	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$200.00K	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$200.00K	USD	Point-in-time
TOTAL ASSETS	`Assets`	$200.00K	USD	Point-in-time
TOTAL ASSETS	`Assets`	$200.00K	USD	Point-in-time
Due to related parties	`DueToRelatedPartiesCurrent`	$539.06K	USD	Point-in-time
Due to related parties	`DueToRelatedPartiesCurrent`	$413.15K	USD	Point-in-time
Contingency liabilities	`BusinessCombinationContingentConsiderationLiabilityCurrent`	-	USD	Point-in-time
Contingency liabilities	`BusinessCombinationContingentConsiderationLiabilityCurrent`	$43.22K	USD	Point-in-time
Accrued liabilities and other payables	`AccruedLiabilitiesAndOtherLiabilities`	$54.00K	USD	Point-in-time
Accrued liabilities and other payables	`AccruedLiabilitiesAndOtherLiabilities`	$54.00K	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$636.28K	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$467.15K	USD	Point-in-time
TOTAL LIABILITIES	`Liabilities`	$636.28K	USD	Point-in-time
TOTAL LIABILITIES	`Liabilities`	$467.15K	USD	Point-in-time
Common stock US$0.01 par value; 1,000,000,000 authorized, 181,883,776 and 147,213,776 shares issued and outstanding at September 30, 2017 and December 31, 2016, respectively.	`CommonStockValue`	$1.82M	USD	Point-in-time
Common stock US$0.01 par value; 1,000,000,000 authorized, 181,883,776 and 147,213,776 shares issued and outstanding at September 30, 2017 and December 31, 2016, respectively.	`CommonStockValue`	$1.48M	USD	Point-in-time
Shares to be issued	`CommonStockSharesToBeIssuedValue`	$64.75K	USD	Point-in-time
Shares to be issued	`CommonStockSharesToBeIssuedValue`	-	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapital`	$5.71M	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapital`	$5.88M	USD	Point-in-time
Other Comprehensive Income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$8.97K	USD	Point-in-time
Other Comprehensive Income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$8.97K	USD	Point-in-time
Retained Deficit	`RetainedEarningsAccumulatedDeficit`	$-7.63M	USD	Point-in-time
Retained Deficit	`RetainedEarningsAccumulatedDeficit`	$-8.04M	USD	Point-in-time
TOTAL STOCKHOLDERS' DEFICIT	`StockholdersEquity`	$-267.15K	USD	Point-in-time
TOTAL STOCKHOLDERS' DEFICIT	`StockholdersEquity`	$-436.28K	USD	Point-in-time
TOTAL STOCKHOLDERS' DEFICIT	`StockholdersEquity`	$-261.15K	USD	Point-in-time
TOTAL STOCKHOLDERS' DEFICIT	`StockholdersEquity`	$-214.56K	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT	`LiabilitiesAndStockholdersEquity`	$200.00K	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT	`LiabilitiesAndStockholdersEquity`	$200.00K	USD	Point-in-time

Income Statement 38 line items

Line Item	Tag	Value	Unit	Period
Sales	`Revenues`	-	USD	3 Qtrs
Sales	`Revenues`	-	USD	3 Qtrs
Cost of sales	`CostOfRevenue`	-	USD	3 Qtrs
Cost of sales	`CostOfRevenue`	-	USD	3 Qtrs
Gross profit	`GrossProfit`	-	USD	3 Qtrs
Gross profit	`GrossProfit`	-	USD	3 Qtrs
Administrative and general expenses	`GeneralAndAdministrativeExpense`	$409.10K	USD	3 Qtrs
Administrative and general expenses	`GeneralAndAdministrativeExpense`	$44.59K	USD	3 Qtrs
Total operating expense	`OperatingExpenses`	$44.59K	USD	3 Qtrs
Total operating expense	`OperatingExpenses`	$409.10K	USD	3 Qtrs
Loss From Operations	`OperatingIncomeLoss`	$-44.59K	USD	3 Qtrs
Loss From Operations	`OperatingIncomeLoss`	$-409.10K	USD	3 Qtrs
Loss on disposal of subsidiaries	`GainLossOnSaleOfStockInSubsidiaryOrEquityMethodInvestee`	$-44.59K	USD	3 Qtrs
Loss on disposal of subsidiaries	`GainLossOnSaleOfStockInSubsidiaryOrEquityMethodInvestee`	-	USD	3 Qtrs
Loss before taxation	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-44.59K	USD	3 Qtrs
Loss before taxation	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-409.10K	USD	3 Qtrs
Income tax	`IncomeTaxExpenseBenefit`	-	USD	3 Qtrs
Income tax	`IncomeTaxExpenseBenefit`	-	USD	3 Qtrs
Net Loss	`NetIncomeLoss`	$-44.59K	USD	3 Qtrs
Net Loss	`NetIncomeLoss`	$-409.10K	USD	3 Qtrs
Foreign currency translation change	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	-	USD	3 Qtrs
Foreign currency translation change	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	-	USD	3 Qtrs
Comprehensive Loss:	`ComprehensiveIncomeNetOfTax`	-	USD	3 Qtrs
Comprehensive Loss:	`ComprehensiveIncomeNetOfTax`	-	USD	3 Qtrs
- Non controlling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	-	USD	3 Qtrs
- Non controlling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	-	USD	3 Qtrs
- the Company	`ProfitLoss`	$-44.59K	USD	3 Qtrs
- the Company	`ProfitLoss`	$-409.10K	USD	3 Qtrs
Net loss attributable to Non-controlling interest	`NetIncomeLossAttributableToRedeemableNoncontrollingInterest`	$-409.10K	USD	3 Qtrs
Net loss attributable to Non-controlling interest	`NetIncomeLossAttributableToRedeemableNoncontrollingInterest`	$-44.59K	USD	3 Qtrs
-Basic	`EarningsPerShareBasic`	$-0.00	USD	3 Qtrs
-Basic	`EarningsPerShareBasic`	$-0.00	USD	3 Qtrs
-Diluted	`EarningsPerShareDiluted`	$-0.00	USD	3 Qtrs
-Diluted	`EarningsPerShareDiluted`	$-0.00	USD	3 Qtrs
-Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	181.88M	shares	3 Qtrs
-Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	147.21M	shares	3 Qtrs
-Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	147.21M	shares	3 Qtrs
-Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	161.38M	shares	3 Qtrs

Cash Flow Statement 32 line items

Line Item	Tag	Value	Unit	Period
Net Loss before tax	`NetIncomeLoss`	$-44.59K	USD	3 Qtrs
Net Loss before tax	`NetIncomeLoss`	$-409.10K	USD	3 Qtrs
Non-cash compensation	`ShareBasedCompensation`	-	USD	3 Qtrs
Non-cash compensation	`ShareBasedCompensation`	$239.98K	USD	3 Qtrs
Loss on disposal of subsidiaries	`GainLossOnDispositionOfAssets1`	$-44.59K	USD	3 Qtrs
Loss on disposal of subsidiaries	`GainLossOnDispositionOfAssets1`	-	USD	3 Qtrs
Increase in accrued liabilities and other payables	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$43.22K	USD	3 Qtrs
Increase in accrued liabilities and other payables	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	-	USD	3 Qtrs
Increase in amount due to related parties	`IncreaseDecreaseInDueToRelatedParties`	$125.91K	USD	3 Qtrs
Increase in amount due to related parties	`IncreaseDecreaseInDueToRelatedParties`	-	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	-	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	-	USD	3 Qtrs
Net cash provided by investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	-	USD	3 Qtrs
Net cash provided by investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	-	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	-	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	-	USD	3 Qtrs
Net Increase in Cash & Cash Equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	-	USD	3 Qtrs
Net Increase in Cash & Cash Equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	-	USD	3 Qtrs
Effect of Currency Translation	`EffectOfExchangeRateOnCash`	-	USD	3 Qtrs
Effect of Currency Translation	`EffectOfExchangeRateOnCash`	-	USD	3 Qtrs
Cash & Cash Equivalents at Beginning of Year	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Cash & Cash Equivalents at Beginning of Year	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Cash & Cash Equivalents at Beginning of Year	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Cash & Cash Equivalents at Beginning of Year	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Cash & Cash Equivalents at End of Year	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Cash & Cash Equivalents at End of Year	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Cash & Cash Equivalents at End of Year	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Cash & Cash Equivalents at End of Year	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Cash paid for interest	`InterestPaid`	-	USD	3 Qtrs
Cash paid for interest	`InterestPaid`	-	USD	3 Qtrs
Cash paid for income taxes	`IncomeTaxesPaid`	-	USD	3 Qtrs
Cash paid for income taxes	`IncomeTaxesPaid`	-	USD	3 Qtrs

Stockholders Equity 13 line items

Line Item	Tag	Value	Unit	Period
Balance	`StockholdersEquity`	$-267.15K	USD	Point-in-time
Balance	`StockholdersEquity`	$-436.28K	USD	Point-in-time
Balance	`StockholdersEquity`	$-261.15K	USD	Point-in-time
Balance	`StockholdersEquity`	$-214.56K	USD	Point-in-time
Balance, shares	`SharesOutstanding`	-	shares	Point-in-time
Net loss	`NetIncomeLoss`	$-44.59K	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-409.10K	USD	3 Qtrs
Common stock issuance	`StockIssuedDuringPeriodValueNewIssues`	$243.08K	USD	3 Qtrs
Balance	`StockholdersEquity`	$-267.15K	USD	Point-in-time
Balance	`StockholdersEquity`	$-436.28K	USD	Point-in-time
Balance	`StockholdersEquity`	$-261.15K	USD	Point-in-time
Balance	`StockholdersEquity`	$-214.56K	USD	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.