10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0001213900-18-007098 |
| Period End Date | 20180331 |
| Filing Date | 20180601 |
| Fiscal Year | 2018 |
| Fiscal Period | Q1 |
| XBRL Instance | cnct-20180331.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
34 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
|
202.47M | shares | Point-in-time |
| Common stock, shares issued |
CommonStockSharesIssued
|
204.47M | 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
|
202.47M | shares | Point-in-time |
| TOTAL ASSETS |
Assets
|
- | USD | Point-in-time |
| Common stock, shares outstanding |
CommonStockSharesOutstanding
|
204.47M | shares | Point-in-time |
| TOTAL ASSETS |
Assets
|
- | USD | Point-in-time |
| Due to related parties |
DueToRelatedPartiesCurrent
|
$514.55K | USD | Point-in-time |
| Due to related parties |
DueToRelatedPartiesCurrent
|
$534.55K | USD | Point-in-time |
| Accrued liabilities and other payables |
AccruedLiabilitiesAndOtherLiabilities
|
$27.79K | USD | Point-in-time |
| Accrued liabilities and other payables |
AccruedLiabilitiesAndOtherLiabilities
|
$29.74K | USD | Point-in-time |
| Total Current Liabilities |
LiabilitiesCurrent
|
$544.29K | USD | Point-in-time |
| Total Current Liabilities |
LiabilitiesCurrent
|
$562.34K | USD | Point-in-time |
| TOTAL LIABILITIES |
Liabilities
|
$544.29K | USD | Point-in-time |
| TOTAL LIABILITIES |
Liabilities
|
$562.34K | USD | Point-in-time |
| Common stock US$0.01 par value; 1,000,000,000 authorized, 204,473,776 shares and 202,473,776 shares, issued and outstanding at March 31 2018 and December 31, 2017 respectively |
CommonStockValue
|
$2.02M | USD | Point-in-time |
| Common stock US$0.01 par value; 1,000,000,000 authorized, 204,473,776 shares and 202,473,776 shares, issued and outstanding at March 31 2018 and December 31, 2017 respectively |
CommonStockValue
|
$2.04M | 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 the issuance of common stock |
DiscountOnIssuanceOfCommonStock
|
$-367.43K | USD | Point-in-time |
| Discount on the issuance of common stock |
DiscountOnIssuanceOfCommonStock
|
$-356.03K | USD | Point-in-time |
| Retained Deficit |
RetainedEarningsAccumulatedDeficit
|
$-8.06M | USD | Point-in-time |
| Retained Deficit |
RetainedEarningsAccumulatedDeficit
|
$-8.09M | 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' Deficit |
StockholdersEquity
|
$-544.29K | USD | Point-in-time |
| TOTAL STOCKHOLDERS' Deficit |
StockholdersEquity
|
$-562.34K | USD | Point-in-time |
| TOTAL LIABILITIES AND STOCKHOLDERS' Deficit |
LiabilitiesAndStockholdersEquity
|
- | USD | Point-in-time |
| TOTAL LIABILITIES AND STOCKHOLDERS' Deficit |
LiabilitiesAndStockholdersEquity
|
- | USD | Point-in-time |
Income Statement
36 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Sales |
Revenues
|
- | USD | 1 Quarter |
| Sales |
Revenues
|
- | USD | 1 Quarter |
| Cost of sales |
CostOfRevenue
|
- | USD | 1 Quarter |
| Cost of sales |
CostOfRevenue
|
- | USD | 1 Quarter |
| Gross profit |
GrossProfit
|
- | USD | 1 Quarter |
| Gross profit |
GrossProfit
|
- | USD | 1 Quarter |
| Administrative and general expenses |
GeneralAndAdministrativeExpense
|
$137.27K | USD | 1 Quarter |
| Administrative and general expenses |
GeneralAndAdministrativeExpense
|
$26.64K | USD | 1 Quarter |
| Total operating expense |
OperatingExpenses
|
$137.27K | USD | 1 Quarter |
| Total operating expense |
OperatingExpenses
|
$26.64K | USD | 1 Quarter |
| Loss from Operations |
OperatingIncomeLoss
|
$-137.27K | USD | 1 Quarter |
| Loss from Operations |
OperatingIncomeLoss
|
$-26.64K | USD | 1 Quarter |
| Loss before taxation |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
$-26.64K | USD | 1 Quarter |
| Loss before taxation |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
$-137.27K | USD | 1 Quarter |
| Income tax |
IncomeTaxExpenseBenefit
|
- | USD | 1 Quarter |
| Income tax |
IncomeTaxExpenseBenefit
|
- | USD | 1 Quarter |
| Net Loss |
NetIncomeLoss
|
$-26.64K | USD | 1 Quarter |
| Net Loss |
NetIncomeLoss
|
$-137.27K | USD | 1 Quarter |
| Foreign currency translation change |
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
- | USD | 1 Quarter |
| Foreign currency translation change |
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
- | USD | 1 Quarter |
| Comprehensive Loss: |
ComprehensiveIncomeNetOfTax
|
$-137.27K | USD | 1 Quarter |
| Comprehensive Loss: |
ComprehensiveIncomeNetOfTax
|
$-26.64K | USD | 1 Quarter |
| - Non controlling interest |
NetIncomeLossAttributableToNoncontrollingInterest
|
- | USD | 1 Quarter |
| - Non controlling interest |
NetIncomeLossAttributableToNoncontrollingInterest
|
- | USD | 1 Quarter |
| - the Company |
ProfitLoss
|
$26.64K | USD | 1 Quarter |
| - the Company |
ProfitLoss
|
$137.27K | USD | 1 Quarter |
| Net loss attributable to Non-controlling interest |
NetIncomeLossAttributableToRedeemableNoncontrollingInterest
|
$-137.27K | USD | 1 Quarter |
| Net loss attributable to Non-controlling interest |
NetIncomeLossAttributableToRedeemableNoncontrollingInterest
|
$-26.64K | USD | 1 Quarter |
| -Basic |
EarningsPerShareBasic
|
- | USD | 1 Quarter |
| -Basic |
EarningsPerShareBasic
|
- | USD | 1 Quarter |
| -Diluted |
EarningsPerShareDiluted
|
- | USD | 1 Quarter |
| -Diluted |
EarningsPerShareDiluted
|
- | USD | 1 Quarter |
| -Basic |
WeightedAverageNumberOfSharesOutstandingBasic
|
171.91M | shares | 1 Quarter |
| -Basic |
WeightedAverageNumberOfSharesOutstandingBasic
|
204.47M | shares | 1 Quarter |
| -Diluted |
WeightedAverageNumberOfDilutedSharesOutstanding
|
171.91M | shares | 1 Quarter |
| -Diluted |
WeightedAverageNumberOfDilutedSharesOutstanding
|
204.47M | shares | 1 Quarter |
Cash Flow Statement
36 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net Loss before tax |
NetIncomeLoss
|
$-26.64K | USD | 1 Quarter |
| Net Loss before tax |
NetIncomeLoss
|
$-137.27K | USD | 1 Quarter |
| Non-cash share compensation |
ShareBasedCompensation
|
$39.23K | USD | 1 Quarter |
| Non-cash share compensation |
ShareBasedCompensation
|
$8.60K | USD | 1 Quarter |
| Share issued for commission |
ShareIssuedForCommission
|
$7.50K | USD | 1 Quarter |
| Decrease (Increase) in deposit and prepaid expenses |
IncreaseDecreaseInPrepaidExpensesOther
|
$30.00K | USD | 1 Quarter |
| (Decrease)/Increase in accrued liabilities and other payables |
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
|
$-1.96K | USD | 1 Quarter |
| (Decrease)/Increase in accrued liabilities and other payables |
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
|
$25.87K | USD | 1 Quarter |
| Increase in the amount due to related parties |
IncreaseDecreaseInDueToRelatedParties
|
$20.00K | USD | 1 Quarter |
| Increase in the amount due to related parties |
IncreaseDecreaseInDueToRelatedParties
|
$64.67K | USD | 1 Quarter |
| Net cash provided by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$-30.00K | USD | 1 Quarter |
| Net cash provided by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
- | USD | 1 Quarter |
| Net cash inflow from disposal of subsidiaries |
ProceedsFromSaleOfEquityMethodInvestments
|
- | USD | 1 Quarter |
| Net cash inflow from disposal of subsidiaries |
ProceedsFromSaleOfEquityMethodInvestments
|
- | USD | 1 Quarter |
| Net cash provided by investing activities |
NetCashProvidedByUsedInInvestingActivities
|
- | USD | 1 Quarter |
| Net cash provided by investing activities |
NetCashProvidedByUsedInInvestingActivities
|
- | USD | 1 Quarter |
| Issuance of common stock |
ProceedsFromIssuanceOfCommonStock
|
- | USD | 1 Quarter |
| Issuance of common stock |
ProceedsFromIssuanceOfCommonStock
|
$30.00K | USD | 1 Quarter |
| Net cash provided by financing activities |
NetCashProvidedByUsedInFinancingActivities
|
- | USD | 1 Quarter |
| Net cash provided by financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$30.00K | USD | 1 Quarter |
| Net Increase in Cash & Cash Equivalents |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
- | USD | 1 Quarter |
| Net Increase in Cash & Cash Equivalents |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
- | USD | 1 Quarter |
| Effect of Currency Translation |
EffectOfExchangeRateOnCash
|
- | USD | 1 Quarter |
| Effect of Currency Translation |
EffectOfExchangeRateOnCash
|
- | USD | 1 Quarter |
| Cash & Cash Equivalents at the beginning of Year |
CashAndCashEquivalentsAtCarryingValue
|
- | USD | Point-in-time |
| Cash & Cash Equivalents at the beginning of Year |
CashAndCashEquivalentsAtCarryingValue
|
- | USD | Point-in-time |
| Cash & Cash Equivalents at the beginning of Year |
CashAndCashEquivalentsAtCarryingValue
|
- | USD | Point-in-time |
| Cash & Cash Equivalents at the 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 | 1 Quarter |
| Cash paid for interest |
InterestPaid
|
- | USD | 1 Quarter |
| Cash paid for income taxes |
IncomeTaxesPaidNet
|
- | USD | 1 Quarter |
| Cash paid for income taxes |
IncomeTaxesPaidNet
|
- | USD | 1 Quarter |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.