10-K Filing

CLUSTER GROUP HOLDINGS LTD CO CIK: 1346287 FY 2017

Filing Information

Form Type	10-K
Accession Number	`0001213900-18-003884`
Period End Date	20171231
Filing Date	20180402
Fiscal Year	2017
Fiscal Period	FY
XBRL Instance	cnct-20171231.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 37 Income Statement 38 Cash Flow Statement 30 Stockholders Equity 12

Balance Sheet 37 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
Common stock, shares issued	`CommonStockSharesIssued`	147.21M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	202.47M	shares	Point-in-time
Total Current Assets	`AssetsCurrent`	-	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	-	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	147.21M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	202.47M	shares	Point-in-time
TOTAL ASSETS	`Assets`	-	USD	Point-in-time
TOTAL ASSETS	`Assets`	-	USD	Point-in-time
Due to related parties	`DueToRelatedPartiesCurrent`	$413.15K	USD	Point-in-time
Due to related parties	`DueToRelatedPartiesCurrent`	$514.55K	USD	Point-in-time
Accrued liabilities and other payables	`AccruedLiabilitiesAndOtherLiabilities`	$50.00K	USD	Point-in-time
Accrued liabilities and other payables	`AccruedLiabilitiesAndOtherLiabilities`	$29.74K	USD	Point-in-time
Contingency liabilities	`BusinessCombinationContingentConsiderationLiabilityCurrent`	-	USD	Point-in-time
Contingency liabilities	`BusinessCombinationContingentConsiderationLiabilityCurrent`	$41.57K	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$504.72K	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$544.29K	USD	Point-in-time
TOTAL LIABILITIES	`Liabilities`	$544.29K	USD	Point-in-time
TOTAL LIABILITIES	`Liabilities`	$504.72K	USD	Point-in-time
Common stock US$0.01 par value; 1,000,000,000 authorized, 202,473,776 and 147,513,776 shares issued and outstanding at December 31, 2017 and 2016, respectively.	`CommonStockValue`	$1.48M	USD	Point-in-time
Common stock US$0.01 par value; 1,000,000,000 authorized, 202,473,776 and 147,513,776 shares issued and outstanding at December 31, 2017 and 2016, respectively.	`CommonStockValue`	$2.02M	USD	Point-in-time
Additional Paid in capital	`AdditionalPaidInCapital`	$5.84M	USD	Point-in-time
Additional Paid in capital	`AdditionalPaidInCapital`	$5.84M	USD	Point-in-time
Discount on issuance of common stock	`DiscountOnIssuanceOfCommonStock`	-	USD	Point-in-time
Discount on issuance of common stock	`DiscountOnIssuanceOfCommonStock`	$-356.03K	USD	Point-in-time
Retained Deficit	`RetainedEarningsAccumulatedDeficit`	$-8.06M	USD	Point-in-time
Retained Deficit	`RetainedEarningsAccumulatedDeficit`	$-7.83M	USD	Point-in-time
Other Comprehensive Loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$8.97K	USD	Point-in-time
Other Comprehensive Loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$8.97K	USD	Point-in-time
TOTAL STOCKHOLDERS' EQUITY	`StockholdersEquity`	$-504.72K	USD	Point-in-time
TOTAL STOCKHOLDERS' EQUITY	`StockholdersEquity`	$-544.29K	USD	Point-in-time
TOTAL STOCKHOLDERS' EQUITY	`StockholdersEquity`	$-414.56K	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	`LiabilitiesAndStockholdersEquity`	-	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	`LiabilitiesAndStockholdersEquity`	-	USD	Point-in-time

Income Statement 38 line items

Line Item	Tag	Value	Unit	Period
Sales	`Revenues`	-	USD	Annual
Sales	`Revenues`	-	USD	Annual
Cost of sales	`CostOfRevenue`	-	USD	Annual
Cost of sales	`CostOfRevenue`	-	USD	Annual
Gross profit	`GrossProfit`	-	USD	Annual
Gross profit	`GrossProfit`	-	USD	Annual
Administrative and general expenses	`GeneralAndAdministrativeExpense`	$50.16K	USD	Annual
Administrative and general expenses	`GeneralAndAdministrativeExpense`	$236.14K	USD	Annual
Total operating expense	`OperatingExpenses`	$236.14K	USD	Annual
Total operating expense	`OperatingExpenses`	$50.16K	USD	Annual
Loss from Operations	`OperatingIncomeLoss`	$-236.14K	USD	Annual
Loss from Operations	`OperatingIncomeLoss`	$-50.16K	USD	Annual
Gain on disposal of subsidiary	`GainLossOnSaleOfStockInSubsidiaryOrEquityMethodInvestee`	-	USD	Annual
Gain on disposal of subsidiary	`GainLossOnSaleOfStockInSubsidiaryOrEquityMethodInvestee`	$3.00K	USD	Annual
Loss before taxation	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-233.14K	USD	Annual
Loss before taxation	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-50.16K	USD	Annual
Income tax	`IncomeTaxExpenseBenefit`	-	USD	Annual
Income tax	`IncomeTaxExpenseBenefit`	-	USD	Annual
Net Loss	`NetIncomeLoss`	$-233.14K	USD	Annual
Net Loss	`NetIncomeLoss`	$-50.16K	USD	Annual
Foreign currency translation change	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	-	USD	Annual
Foreign currency translation change	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	-	USD	Annual
Comprehensive Loss:	`ComprehensiveIncomeNetOfTax`	$-50.16K	USD	Annual
Comprehensive Loss:	`ComprehensiveIncomeNetOfTax`	$-233.14K	USD	Annual
- Non controlling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	-	USD	Annual
- Non controlling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	-	USD	Annual
- the Company	`ProfitLoss`	$-233.14K	USD	Annual
- the Company	`ProfitLoss`	$-50.16K	USD	Annual
Net loss attributable to Non-controlling interest	`NetIncomeLossAttributableToRedeemableNoncontrollingInterest`	$-233.14K	USD	Annual
Net loss attributable to Non-controlling interest	`NetIncomeLossAttributableToRedeemableNoncontrollingInterest`	$-50.16K	USD	Annual
- Basic	`EarningsPerShareBasic`	-	USD	Annual
- Basic	`EarningsPerShareBasic`	-	USD	Annual
- Diluted	`EarningsPerShareDiluted`	-	USD	Annual
- Diluted	`EarningsPerShareDiluted`	-	USD	Annual
- Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	202.47M	shares	Annual
- Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	147.51M	shares	Annual
- Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	202.47M	shares	Annual
- Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	147.51M	shares	Annual

Cash Flow Statement 30 line items

Line Item	Tag	Value	Unit	Period
Net Loss before tax	`NetIncomeLoss`	$-233.14K	USD	Annual
Net Loss before tax	`NetIncomeLoss`	$-50.16K	USD	Annual
Non-cash share compensation	`ShareBasedCompensation`	-	USD	Annual
Non-cash share compensation	`ShareBasedCompensation`	$193.57K	USD	Annual
(Decrease)/Increase in accrued liabilities and other payables	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$38.00K	USD	Annual
(Decrease)/Increase in accrued liabilities and other payables	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$-20.26K	USD	Annual
Increase in amount due to related parties	`IncreaseDecreaseInDueToRelatedParties`	$10.59K	USD	Annual
Increase in amount due to related parties	`IncreaseDecreaseInDueToRelatedParties`	$101.40K	USD	Annual
(Decrease)/Increase in contingency liabilities	`IncreaseDecreaseInContingencyLiabilities`	$-41.57K	USD	Annual
(Decrease)/Increase in contingency liabilities	`IncreaseDecreaseInContingencyLiabilities`	$41.57K	USD	Annual
Cancellation of share issuance	`CancellationOfIssuanceOfCommonStock`	-	USD	Annual
Cancellation of share issuance	`CancellationOfIssuanceOfCommonStock`	$40.00K	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	-	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	-	USD	Annual
Net cash inflow from disposal of subsidiaries	`ProceedsFromSaleOfEquityMethodInvestments`	-	USD	Annual
Net cash inflow from disposal of subsidiaries	`ProceedsFromSaleOfEquityMethodInvestments`	-	USD	Annual
Net cash provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	-	USD	Annual
Net cash provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	-	USD	Annual
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	-	USD	Annual
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	-	USD	Annual
Net Increase in Cash & Cash Equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	-	USD	Annual
Net Increase in Cash & Cash Equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	-	USD	Annual
Effect of Currency Translation	`EffectOfExchangeRateOnCash`	-	USD	Annual
Effect of Currency Translation	`EffectOfExchangeRateOnCash`	-	USD	Annual
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

Stockholders Equity 12 line items

Line Item	Tag	Value	Unit	Period
Balance	`StockholdersEquity`	$-504.72K	USD	Point-in-time
Balance	`StockholdersEquity`	$-544.29K	USD	Point-in-time
Balance	`StockholdersEquity`	$-414.56K	USD	Point-in-time
Balance, shares	`SharesOutstanding`	-	shares	Point-in-time
Common stock issuance	`StockIssuedDuringPeriodValueNewIssues`	$193.57K	USD	Annual
Share issuance cancellation	`StockRepurchasedAndRetiredDuringPeriodValue`	$-40.00K	USD	Annual
Net loss	`NetIncomeLoss`	$-233.14K	USD	Annual
Net loss	`NetIncomeLoss`	$-50.16K	USD	Annual
Balance	`StockholdersEquity`	$-504.72K	USD	Point-in-time
Balance	`StockholdersEquity`	$-544.29K	USD	Point-in-time
Balance	`StockholdersEquity`	$-414.56K	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.