10-Q

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 10-Q

þ Quarterly Report Pursuant To Section 13 or 15(d) of the Securities Exchange Act Of 1934

For the quarterly period ended June 30, 2013

o Transition Report Under Section 13 or 15(d) of the Securities Exchange Act Of 1934

For the transition period from __________ to __________

Commission File Number:  000-52828

DIGITAL DEVELOPMENT PARTNERS, INC.

(Exact name of registrant as specified in its charter)

NEVADA	98-0521119
(State or other jurisdiction of incorporation or organization)	(I.R.S. Employer Identification No.)

17800 Castleton St., Suite 300

City of Industry, CA  91748

 (Address of principal executive offices, including Zip Code)

(626) 581-3335

(Issuer’s telephone number, including area code)

 (Former name or former address if changed since last report)

Check whether the issuer (1) filed all reports required to be filed by section 13 or 15(d) of the Exchange Act during the past 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.   Yes þ    No o

Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files).  Yes  þ  No   o

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a small reporting company. See the definitions of “large accelerated filer,” “accelerated filer,” “non-accelerated filer,” and “smaller reporting company” in Rule 12b-2 of the Exchange Act.

Large accelerated filer	o	Accelerated filer	o
Non-accelerated filer	o	Smaller reporting company	þ

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).     Yes o    No þ

State the number of shares outstanding of each of the issuer’s classes of common equity, as of the latest practicable date: 86,402,665 shares of common stock as of July 31, 2013.

Digital Development Partners, Inc.

Condensed Balance Sheet

	June 30 2013			December 31, 2012
	(Unaudited)
ASSETS
Current Assets
Cash	$	16,382		$	22,665
Total Assets		16,382			22,665
LIABILITIES AND STOCKHOLDERS' DEFICIT
Current Liabilities
Accounts Payable	$	63,606		$	62,121
Loan Payable, Related Party		380,000			340,000
Total Liabilities		443,606			402,122
Stockholders' Deficit
Common Stock, $0.001 par value; authorized 225,000,000 shares; 85,970,665 shares issued and outstanding as at June 30, 2013 and December 31, 2012.		85,971			85,971
Additional Paid-In Capital		7,488,946			7,488,946
Accumulated Deficit		(8,002,141	)		(7,954,373	)
Total Stockholders' Deficit		(427,224	)		(379,456	)
Total Liabilities and Stockholders' Deficit	$	16,382		$	22,665

The accompanying notes are an integral part of these condensed financial statements.

F-1

Digital Development Partners, Inc.

Condensed Statements of Operations

(Unaudited)

	For the Three Months Ended June 30,						For the Six Months Ended June 30,
	2013			2012			2013			2012
Revenue	$	--		$	--		$	--		$	--
General and Administrative Expenses:
Professional Fees		11,705			3,210			14,485			5,290
Other Administrative Expenses:		11,899			11,140			24,477			22,578
Total General and Administrative Expenses:		23,604			14,350			38,962			27,868
Loss from Operations		23,604			14,350			38,961			27,868
Other Income and Expense
Interst Income		1			2			2			4
Interst Expense		(4,558	)		(3,709	)		(8,808	)		(7,375	)
		(4,557	)		(3,707	)		(8,806	)		(7,371	)
Loss before income tax		(28,161	)		(18,057	)		(47,768	)		(35,239	)
Provision for income tax		-			-			-			-
Net Loss		(28,161	)		(18,057	)		(47,768	)		(35,239	)
Loss Per Common Share:
Basic and Diluted	$	(0.00	)	$	(0.00	)	$	(0.00	)	$	(0.00	)
Weighted Average Shares Outstanding,
Basic and Dilluted		85,970,665			85,970,665			85,970,665			85,970,665

The accompanying notes are an integral part of these condensed financial statements.

F-2

Digital Development Partners, Inc.

Condensed Statements of Cash Flows

(Unaudited)

	For the
	Six Months Ended
	June 30,
	2013			2012
Operating activities:
Net loss	$	(47,768	)	$	(35,239	)
Adjustments to reconcile net loss to net cash used in operating activities:
Change in operating assets and liabilities:
Accounts payable		1,485			(1,158	)
Net cash used in operating activities		(46,283	)		(36,397	)
Financing activities:
Proceeds from loans		40,000			-
Net cash provided by financing activities		40,000			-
Net decrease in cash		(6,283	)		(36,397	)
Cash, beginning of the period		22,665			49,831
Cash, end of the period	$	16,382		$	13,434
Supplemental cash flow disclosure:
Interest paid	$	-		$	-
Taxes paid	$	-		$	-

The accompanying notes are an integral part of these condensed financial statements.

F-3

DIGITAL DEVELOPMENT PARTNERS INC.

NOTES TO CONDENSED FINANCIAL STATEMENTS

1.  Basis of Presentation and Nature of Operations

The accompanying unaudited condensed financial statements have been prepared in accordance with accounting principles generally accepted in the U.S. (“GAAP”) for interim financial information and with the instructions to Form 10-Q.  Accordingly, they do not include all of the information required by GAAP for complete annual financial statement presentation.

These condensed financial statements as of and for the three and six months ended June 30, 2013 and 2012, reflect all adjustments which, in the opinion of management, are necessary to fairly present the Company’s financial position and the results of its operations for the periods presented, in accordance with the accounting principles generally accepted in the United States of America. Operating results for the three and six month periods ended June 30,2013, are not necessarily indicative of the results to be expected for other interim periods or for the full year ending December 31, 2013. These unaudited condensed financial statements should be read in conjunction with the financial statements and accompanying notes thereto included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2012, as filed with the Securities Exchange Commission.

Organization

The Company was incorporated as Cyprium Resources, Inc. under the laws of the State of Nevada on December 22, 2006.  The Company was originally formed for mineral exploration in the United States.  On May 19, 2009, the Company’s name was changed to Digital Development Partners, Inc.

A reassessment of the Company’s direction resulted in a reorganization plan on February 17, 2010 which included:

1.   Acquisition of a new line of technology through the acquisition of the worldwide distribution and servicing rights to a cell phone enterprise based in Hong Kong;

2.   Change in management;

3.   Sale of the Company’s option on Top Floor Studio;

4.   Distribution of the Company’s shares in YuDeal, Inc. to the stockholders.

Pursuant to the plan, the Company’s interests in Top Floor Studio and YuDeal Inc. were disposed of in February 2010.  The Company’s option on Top Floor was sold to YuDeal, Inc. for YuDeal common stock, which in turn was traded for 20,095,000 shares of Company stock.  These shares were returned to Treasury and cancelled.  A residual of YuDeal stock was distributed to Company stockholders in March and April 2010.

In conjunction with the reorganization the management team of the Company resigned. The Company’s president, Isaac Roberts, was replaced by Jack Jie Quin, president of EFT Biotech Holdings Inc.

4

On February 17, 2010 an agreement was signed with the cell phone company, EFT Biotech Holding, Inc., now EFT Holdings, Inc., which trades on the OTC Pink Sheets under the ticker symbol “EFTB”, and markets its “EFT-Phone” through direct marketing in China from Hong Kong.  EFT’s distribution and servicing rights were acquired by the Company in the agreement through the exchange of 79,265,000 shares of the Company’s common stock.

EFT Holdings, Inc. thereby became the majority stockholder of Digital Development Partners Inc.   The Company sold EFT-Phones as agent to EFT-Phone for its Chinese market through the fiscal year ended December 31, 2011. There have been no new orders during the year ended December 31, 2012 or the six months ended June 30, 2013.  EFT has advised the Company that due to a significant drop in demand for the EFT phone, no new orders will be placed until demand increases.  The Company is investigating other business opportunities and sources to develop revenue.

2.  Summary of Significant Accounting Policies

Use of Estimates

The preparation of condensed financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make certain estimates and assumptions that affect the reported amounts of assets and liabilities at the date of the condensed financial statements, and reported amounts of revenue and expenses during the reporting period.  Actual results could differ materially from those estimates.

Cash and Cash equivalents

Cash and equivalents include investments with initial maturities of three months or less. The Company had no cash equivalents as of June 30, 2013 or December 31, 2012.

Fair Value of Financial Instruments

The Financial Accounting Standards Board issued   ASC 820-10 (SFAS No. 157), “Fair Value Measurements and Disclosures" for financial assets and liabilities. ASC 820-10 provides a framework for measuring fair value and requires expanded disclosures regarding fair value measurements.  FASB ASC 820-10 defines fair value as the price that would be received for an asset or the exit price that would be paid to transfer a liability in the principal or most advantageous market in an orderly transaction between market participants on the measurement date.  FASB ASC 820-10 also establishes a fair value hierarchy which requires an entity to maximize the use of observable inputs, where available. The following summarizes the three levels of inputs required by the standard that the Company uses to measure fair value:

-   Level 1: Quoted prices in active markets for identical assets or liabilities

-   Level 2: Observable inputs other than Level 1 prices, such as quoted prices for similar assets or liabilities; quoted prices in markets that are not active, or other inputs that are observable or can be corroborated by observable market data for substantially the full term of the related assets or liabilities.

-   Level 3: Unobservable inputs that are supported by little or no market activity and that are significant to the fair value of the assets or liabilities. 

5

Income Taxes

Deferred tax assets and liabilities are recorded based on the difference between the financial statement and tax basis of assets and liabilities using enacted tax rates in effect for the year in which the differences are expected to reverse.  The Company calculates a provision for income taxes using the asset and liability method, under which deferred tax assets and liabilities are recognized by identifying the temporary differences arising from the different treatment of items for tax and accounting purposes.  In determining the future tax consequences of events that have been recognized in the financial statements or tax returns, judgment and interpretation of statutes is required.  Additionally, the Company uses tax planning strategies as a part of its tax compliance program.  Judgments and interpretation of statutes are inherent in this process.

The accounting guidance for uncertainties in income tax prescribes a comprehensive model for the financial statement recognition, measurement, presentation, and disclosure of uncertain tax positions taken or expected to be taken in income tax returns. The Company recognizes a tax benefit from an uncertain tax position in the financial statements only when it is more likely than not that the position will be sustained upon examination, including resolution of any related appeals or litigation processes, based on the technical merits and a consideration of the relevant taxing authority’s widely understood administrative practices and precedents.

We believe that our income tax filing positions and deductions will be sustained on audit and do not anticipate any adjustments that will result in a material change to our financial position. Therefore, no reserves for uncertain income tax positions have been recorded pursuant to ASC 740. In addition, we did not record a cumulative effect adjustment related to the adoption of ASC 740. our policy for recording interest and penalties associated with income-based tax audits is to record such items as a component of income taxes.

Going Concern

The Company’s activities will necessitate significant uses of working capital beyond 2013. Additionally, the Company’s capital requirements will depend on many factors, including the success of the Company’s researching for new markets. The Company plans to continue financing its operations with cash received from financing activities, more specifically from related party loans.

While the Company strongly believes that its capital resources will be sufficient in the near term, there is no assurance that the Company’s activities will generate sufficient revenues to sustain its operations without additional capital or if additional capital is needed, that such funds, if available, will be obtainable on terms satisfactory to the Company.

Recent Accounting Pronouncements

In February 2013, the FASB issued ASU No. 2013-02, Reporting of Amounts Reclassified out of Accumulated Other Comprehensive (ASU 2013-02). This guidance is the culmination of the FASB’s deliberation on reporting reclassification adjustments from accumulated other comprehensive income (AOCI). The amendments in ASU 2013-02 do not change the current requirements for reporting net income or other comprehensive income. However, the amendments require disclosure of amounts reclassified out of AOCI in its entirety, by component, on the face of the statement of operations or in the notes thereto. Amounts that are not required to be reclassified in their entirety to net income must be cross-referenced to other disclosures that provide additional detail. This standard is effective prospectively for annual and interim reporting periods beginning after December 15, 2012. The Company is evaluating the effect, if any; the adoption of ASU 2013-02 will have on its condensed financial statements.

In April 2013, the FASB issued ASU No. 2013-07, “Presentation of Financial Statements” (Topic 205): Liquidation Basis of Accounting.The objective of ASU No. 2013-07 is to clarify when an entity should apply the liquidation basis of accounting and to provide principles for the measurement of assets and liabilities under the liquidation basis of accounting, as well as any required disclosures. The amendments in this standard are effective prospectively for entities that determine liquidation is imminent during annual reporting periods beginning after December 15, 2013, and interim reporting periods therein. We are evaluating the effect, if any, adoption of ASU No. 2013-07 will have on our financial statements.  

6

Other recent accounting pronouncements issued by the FASB (including its Emerging Issues Task Force), and the United States Securities and Exchange Commission did not or are not believed by management to have a material impact on the Company’s present or future financial statements.

Basic and Diluted Net Loss per Share

Net loss per share is calculated in accordance with ASC 260, Earnings per Share, for the period presented.  Basic net loss per share is based upon the weighted average number of common shares outstanding.  Diluted net loss per share is based on the assumption that all dilutive convertible shares and stock options were converted or exercised.  Dilution is computed by applying the treasury stock method.  Under this method, options and warrants are assumed exercised at the beginning of the period (or at the time of issuance, if later), and as if funds obtained thereby were used to purchase common stock at the average market price during the period.

As of June 30, 2013 the Company had potentially dilutive securities in outstanding warrants for the purchase of shares of common stock.  Since the Company is in a loss position, the warrants are anti-dilutive and not included in the calculation.

The following is a reconciliation of the numerator and denominator of the basic and diluted earnings per share computations for the three months ended June 30, 2013 and 2012:

	2013			2012
Numerator:
Basic and diluted net loss per share:
Net Loss	$	(28,161	)	$	(18,057	)
Denominator
Basic and diluted weighted average number of shares outstanding		85,970,665			85,970,665
Basic and Diluted Net Loss Per Share	$	(0.00	)	$	(0.00	)

The following is a reconciliation of the numerator and denominator of the basic and diluted earnings per share computations for the six months ended June 30, 2013 and 2012:

	2013			2012
Numerator:
Basic and diluted net loss per share:
Net Loss	$	(47,769	)	$	(35,239	)
Denominator
Basic and diluted weighted average number of shares outstanding		85,970,665			85,970,665
Basic and Diluted Net Loss Per Share	$	(0.00	)	$	(0.00	)

7

3.  Related Party Transactions

	June 30, 2013		December 31, 2012
	(Unaudited)
Loan payable to related party – EFT Holdings, Inc	$	380,000	$	340,000

A promissory note for $500,000 was issued May 13, 2010 to EFT Holdings Inc. A series of advances was received from EFT Holdings during the fiscal year ended December 31, 2011 totaling $300,000. The note was paid down to $300,000 in January, 2011. Since the pay down of the loan in January 2011 further advances include $20,000 on August 17, 2012, $20,000 December 11, 2012, $20,000 on April 5, 2013 and $20,000 on June 4, 2013, increasing the loan balance to 380,000. The note bears annual interest of 5%, requires no monthly payments, and is due on demand.

4.  Income Taxes

No provision was made for federal income tax for the six months ended June 30, 2013, since the Company had net operating losses.

The Company has available a net operating loss carry-forward of approximately $8,519,259, which begins to expire in 2029 unless utilized beforehand. Net operating loss carry forwards may be used to reduce taxable income through the year 2032. The availability of the Company’s net operating loss carry forwards are subject to limitation if there is a 50% or more positive change in the ownership of the Company’s stock. As presented below, the Company generated a deferred tax asset through the net operating loss carry-forward.  However, a 100% valuation allowance has been established because the ultimate realization of the deferred tax asset is dependent upon the generation of future taxable income during the periods in which the net operating loss carryforwards are available.  Management considers projected future taxable income, the scheduled reversal of deferred tax liabilities and available tax planning strategies that can be implemented by the Company in making this assessment.  Based upon the level of historical taxable income and projections for future taxable income over the period in which the net operating loss carryforwards are available to reduce income taxes payable, management has established a valuation allowance such that the net deferred tax asset is $0 as of June 30, 2013 and December 31, 2012.

	As of June 30, 2013			As of December 31, 2012
Deferred tax assets:
Net operating loss carryforwards	$	47,769		$	86,170
Less: valuation allowance		(47,769	)		(86,170	)
Net deferred tax assets	$	--		$	--

8

ITEM 2.  MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATION

The Company was incorporated in December 2006.

In January 2007, the Company leased ten mining claims from an unrelated third party.  These claims were located in Piute County, Utah.  The mining lease was for a twenty-year term and required the Company to pay a royalty to the lessor equal to 2.5% of the net smelter returns from the sale of any minerals extracted from the claims.  Minimum royalty payments of $4,500 were also required each year during the term of the lease.

On November 1, 2008, the mining lease was terminated by the mutual agreement of the Company and the lessor.

Between November 2008 and August 2009 the Company was inactive.

On August 3, 2009, the Company acquired all of the outstanding shares of 4gDeals for 15,495,000 shares of the Company’s common stock.

On December 18, 2009, 4gDeal’s articles of incorporation were amended to change the name of 4gDeals to YuDeal.

In February 2010, the Company determined that its existing capital structure would impair its ability to raise the capital required to further the development of YuDeal’s network.  Accordingly, the Company adopted a reorganization plan which:

·   involved the distribution of its shares in YuDeal to the Company’s shareholders; and

·   the acquisition of new line of technology which has the prospect of being the core of a commercially viable business.

Consistent with its reorganization plan, on February 18, 2010 the Company’s directors approved an agreement between the Company and EFT Biotech Holdings, Inc., now named EFT Holdings, Inc., (“EFT”), whereby EFT agreed to assign its worldwide distribution and servicing rights to a product known as the “EFT-Phone” in exchange for 79,265,000 shares of the Company’s common stock.

EFT markets its products through a direct sales organization.  Once a customer of EFT’s makes a minimum purchase of $600 (plus $60 for shipping and handling fees), the customer becomes an “affiliate”.

The EFT-Phone is a cell phone which uses the Android Operating System.  The phone is manufactured by an unrelated third party.  The EFT-Phone has an application that allows EFT’s affiliate base to access all of their back office sites including their Funds Management Account where the affiliate is able to deposit, withdraw and transfer money to another EFT account or to another EFT Affiliate at no cost for the transfer.  The EFT-Phone has educational applications and PowerPoint presentation capability for training new affiliates anywhere in the world.

The worldwide distribution and servicing rights to the EFT-Phone include the right to sell the EFT-Phone to EFT’s affiliates and others.  Servicing includes the collection of service fees for all EFT-Phones worldwide, including monthly fees, usage fees, as well as call forwarding, call waiting, text messaging and video fees.  The Company also acquired the rights to distribute all EFT-Phone accessories.

9

Results of Operations

The Company did not receive any orders for the EFT phone during the year ended December 31, 2012 or the six months ended June 30, 2013.   The Company has been advised by EFT that due to a significant drop in demand for the EFT phone, EFT has not placed any new orders with the Company.  It is the Company’s understanding that EFT has inventory previously purchased from the Company and until sales increase, EFT will not be placing any new orders from the Company.  The Company is very concerned regarding this news and is investigating other sources of revenue to mitigate the significant drop in revenue.

Other than the foregoing, the Company does not know of any trends, events or uncertainties that will have, or are reasonably expected to have, a material impact on sales, revenues, expenses or results of operations.

Liquidity and Capital Resources

The Company does not have any firm commitments from any person to provide the Company with any additional capital. While the Company strongly believes that its capital resources will be sufficient in the near term, there is no assurance that the Company’s activities will generate sufficient revenues to sustain its operations without additional capital or if additional capital is needed, that such funds, if available, will be obtainable on terms satisfactory to the Company.

ITEM 4.  CONTROLS AND PROCEDURES.

(a)  The Company maintains a system of controls and procedures designed to ensure that information required to be disclosed in reports filed or submitted under the Securities Exchange Act of 1934, as amended (“1934 Act”), is recorded, processed, summarized and reported, within time periods specified in the SEC's rules and forms and to ensure that information required to be disclosed by the Company in the reports that it files or submits under the 1934 Act, is accumulated and communicated to the Company’s management, including its Principal Executive and Financial Officer, as appropriate to allow timely decisions regarding required disclosure.  As of June 30, 2013, the Company’s Principal Executive and Financial Officer evaluated the effectiveness of the design and operation of the Company’s disclosure controls and procedures.  Based on that evaluation, the Principal Executive and Financial Officer concluded that the Company’s disclosure controls and procedures were effective.

(b)  Changes in Internal Controls.  There were no changes in the Company’s internal control over financial reporting during the quarter ended June 30, 2013, that materially affected, or are reasonably likely to materially affect, its internal control over financial reporting.

10

PART II

ITEM 6.  EXHIBITS

Exhibits

31.1 Certification pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.

31.2 Certification pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.

32 Certification pursuant to Section 906 of the Sarbanes-Oxley Act.

11

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

	DIGITAL DEVELOPMENT PARTNERS, INC.
August 14, 2013	By:	/s/ Jack Jie Qin
		Jack Jie Qin, Principal Executive Officer
	By:	/s/ William E. Sluss
		William E. Sluss, Principal Financial and Accounting Officer

12

EX-31.1

EXHIBIT 31

CERTIFICATIONS

I, Jack Jie Qin, certify that;

1.           I have reviewed this quarterly report on Form 10-Q of Digital Development Partners, Inc.;

2.           Based on my knowledge, this report, does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by the report;

3.           Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;

4.           The registrant’s other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have:

a)           Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

b)           Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of condensed financial statements for external purposes in accordance with generally accepted accounting principles;

c)           Evaluated the effectiveness of the registrant’s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and

d)           Disclosed in this report any change in the registrant’s internal control over financial reporting that occurred during the registrant’s most recent fiscal quarter (the registrant’s fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting; and

5.           The registrant’s other certifying officer(s) and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant’s auditors and the audit committee of the registrant’s board of directors (or persons performing the equivalent functions):

a)           All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant’s ability to record, process, summarize and report financial information; and

b)           Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant’s internal control over financial reporting.

August 14, 2013	By:	/s/ Jack Jie Qin
		Jack Jie Qin,
		Principal Executive Officer

CERTIFICATIONS

I, William E. Sluss, certify that;

1.           I have reviewed this quarterly report on Form 10-Q of Digital Development Partners, Inc.;

2.           Based on my knowledge, this report, does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by the report;

3.           Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;

4.           The registrant’s other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have:

a)           Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

b)           Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of condensed financial statements for external purposes in accordance with generally accepted accounting principles;

c)           Evaluated the effectiveness of the registrant’s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and

d)           Disclosed in this report any change in the registrant’s internal control over financial reporting that occurred during the registrant’s most recent fiscal quarter (the registrant’s fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting; and

5.           The registrant’s other certifying officer(s) and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant’s auditors and the audit committee of the registrant’s board of directors (or persons performing the equivalent functions):

a)           All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant’s ability to record, process, summarize and report financial information; and

b)           Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant’s internal control over financial reporting.

August 14, 2013	By:	/s/ William E. Sluss
		William E. Sluss,
		Principal Financial Officer

EX-32.1

EXHIBIT 32

In connection with the Quarterly Report of Digital Development Partners, Inc. (the “Company”) on Form 10-Q for the period ending June 30, 2013 as filed with the Securities and Exchange Commission (the “Report”), Jack Jie Qin, the Principal Executive Officer and William E. Sluss, the Principal Financial Officer of the Company, certify, pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, that to the best of their knowledge:

(1) The Report fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934; and

(2) The information contained in the Report fairly presents, in all material respects the financial condition and results of the Company.

August 14, 2013	By:	/s/ Jack Jie Qin
		Jack Jie Qin, Principal Executive Officer

By:	/s/ William E. Sluss
	William E. Sluss, Principal Financial Officer

XML

Statements of Operations (Unaudited) (USD $)	3 Months Ended		6 Months Ended
	Jun. 30, 2013	Jun. 30, 2012	Jun. 30, 2013	Jun. 30, 2012
Income Statement [Abstract]
Revenue
General and Administrative Expenses:
Professional Fees	11,705	3,210	14,485	5,290
Other Administrative Expenses	11,899	11,140	24,477	22,578
Total General and Administrative Expenses	23,604	14,350	38,962	27,868
Loss from Operations	23,604	14,350	38,961	27,868
Other Income and Expense
Interest Income	1	2	2	4
Interest Expense	(4,558)	(3,709)	(8,808)	(7,375)
Total	(4,557)	(3,707)	(8,806)	(7,371)
Loss before income tax	(28,161)	(18,057)	(47,769)	(35,239)
Provision for income tax
Net Loss	$ (28,161)	$ (18,057)	$ (47,769)	$ (35,239)
Loss Per Common Share:
Basic and Diluted	$ 0.00	$ 0.00	$ 0.00	$ 0.00
Weighted Average Shares Outstanding, Basic and Diluted:	85,970,665	85,970,665	85,970,665	85,970,665

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2. Summary of Significant Accounting Policies (Policies)

6 Months Ended

Jun. 30, 2013

Notes to Financial Statements

Use of Estimates

Use of Estimates

The preparation of condensed financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make certain estimates and assumptions that affect the reported amounts of assets and liabilities at the date of the condensed financial statements, and reported amounts of revenue and expenses during the reporting period.  Actual results could differ materially from those estimates.

Cash and equivalents

Cash and Cash equivalents

Cash and equivalents include investments with initial maturities of three months or less. The Company had no cash equivalents as of June 30, 2013 or December 31, 2012.

Fair Value of Instruments

Fair Value of Financial Instruments

The Financial Accounting Standards Board issued   ASC 820-10 (SFAS No. 157), “Fair Value Measurements and Disclosures" for financial assets and liabilities. ASC 820-10 provides a framework for measuring fair value and requires expanded disclosures regarding fair value measurements.  FASB ASC 820-10 defines fair value as the price that would be received for an asset or the exit price that would be paid to transfer a liability in the principal or most advantageous market in an orderly transaction between market participants on the measurement date.  FASB ASC 820-10 also establishes a fair value hierarchy which requires an entity to maximize the use of observable inputs, where available. The following summarizes the three levels of inputs required by the standard that the Company uses to measure fair value:

-   Level 1: Quoted prices in active markets for identical assets or liabilities

-   Level 2: Observable inputs other than Level 1 prices, such as quoted prices for similar assets or liabilities; quoted prices in markets that are not active, or other inputs that are observable or can be corroborated by observable market data for substantially the full term of the related assets or liabilities.

-   Level 3: Unobservable inputs that are supported by little or no market activity and that are significant to the fair value of the assets or liabilities. 

Income Taxes

Income Taxes

Deferred tax assets and liabilities are recorded based on the difference between the financial statement and tax basis of assets and liabilities using enacted tax rates in effect for the year in which the differences are expected to reverse.  The Company calculates a provision for income taxes using the asset and liability method, under which deferred tax assets and liabilities are recognized by identifying the temporary differences arising from the different treatment of items for tax and accounting purposes.  In determining the future tax consequences of events that have been recognized in the financial statements or tax returns, judgment and interpretation of statutes is required.  Additionally, the Company uses tax planning strategies as a part of its tax compliance program.  Judgments and interpretation of statutes are inherent in this process.

The accounting guidance for uncertainties in income tax prescribes a comprehensive model for the financial statement recognition, measurement, presentation, and disclosure of uncertain tax positions taken or expected to be taken in income tax returns. The Company recognizes a tax benefit from an uncertain tax position in the financial statements only when it is more likely than not that the position will be sustained upon examination, including resolution of any related appeals or litigation processes, based on the technical merits and a consideration of the relevant taxing authority’s widely understood administrative practices and precedents.

We believe that our income tax filing positions and deductions will be sustained on audit and do not anticipate any adjustments that will result in a material change to our financial position. Therefore, no reserves for uncertain income tax positions have been recorded pursuant to ASC 740. In addition, we did not record a cumulative effect adjustment related to the adoption of ASC 740. our policy for recording interest and penalties associated with income-based tax audits is to record such items as a component of income taxes.

Going Concern

Going Concern

The Company’s activities will necessitate significant uses of working capital beyond 2013. Additionally, the Company’s capital requirements will depend on many factors, including the success of the Company’s researching for new markets. The Company plans to continue financing its operations with cash received from financing activities, more specifically from related party loans.

While the Company strongly believes that its capital resources will be sufficient in the near term, there is no assurance that the Company’s activities will generate sufficient revenues to sustain its operations without additional capital or if additional capital is needed, that such funds, if available, will be obtainable on terms satisfactory to the Company.

Recent Accounting Pronouncements

Recent Accounting Pronouncements

In February 2013, the FASB issued ASU No. 2013-02, Reporting of Amounts Reclassified out of Accumulated Other Comprehensive (ASU 2013-02). This guidance is the culmination of the FASB’s deliberation on reporting reclassification adjustments from accumulated other comprehensive income (AOCI). The amendments in ASU 2013-02 do not change the current requirements for reporting net income or other comprehensive income. However, the amendments require disclosure of amounts reclassified out of AOCI in its entirety, by component, on the face of the statement of operations or in the notes thereto. Amounts that are not required to be reclassified in their entirety to net income must be cross-referenced to other disclosures that provide additional detail. This standard is effective prospectively for annual and interim reporting periods beginning after December 15, 2012. The Company is evaluating the effect, if any; the adoption of ASU 2013-02 will have on its condensed financial statements.

In April 2013, the FASB issued ASU No. 2013-07, “Presentation of Financial Statements” (Topic 205): Liquidation Basis of Accounting. The objective of ASU No. 2013-07 is to clarify when an entity should apply the liquidation basis of accounting and to provide principles for the measurement of assets and liabilities under the liquidation basis of accounting, as well as any required disclosures. The amendments in this standard are effective prospectively for entities that determine liquidation is imminent during annual reporting periods beginning after December 15, 2013, and interim reporting periods therein. We are evaluating the effect, if any, adoption of ASU No. 2013-07 will have on our financial statements.  

Other recent accounting pronouncements issued by the FASB (including its Emerging Issues Task Force), and the United States Securities and Exchange Commission did not or are not believed by management to have a material impact on the Company’s present or future financial statements.

Basic and Diluted Net Loss Per Share

Basic and Diluted Net Loss per Share

Net loss per share is calculated in accordance with ASC 260, Earnings per Share, for the period presented.  Basic net loss per share is based upon the weighted average number of common shares outstanding.  Diluted net loss per share is based on the assumption that all dilutive convertible shares and stock options were converted or exercised.  Dilution is computed by applying the treasury stock method.  Under this method, options and warrants are assumed exercised at the beginning of the period (or at the time of issuance, if later), and as if funds obtained thereby were used to purchase common stock at the average market price during the period.

As of June 30, 2013 the Company had potentially dilutive securities in outstanding warrants for the purchase of shares of common stock.  Since the Company is in a loss position, the warrants are anti-dilutive and not included in the calculation.

The following is a reconciliation of the numerator and denominator of the basic and diluted earnings per share computations for the three months ended June 30, 2013 and 2012:

	2013			2012
Numerator:
Basic and diluted net loss per share:
Net Loss	$	(28,161	)	$	(18,057	)
Denominator
Basic and diluted weighted average number of shares outstanding		85,970,665			85,970,665
Basic and Diluted Net Loss Per Share	$	(0.00	)	$	(0.00	)

The following is a reconciliation of the numerator and denominator of the basic and diluted earnings per share computations for the six months ended June 30, 2013 and 2012:

	2013			2012
Numerator:
Basic and diluted net loss per share:
Net Loss	$	(47,769	)	$	(35,239	)
Denominator
Basic and diluted weighted average number of shares outstanding		85,970,665			85,970,665
Basic and Diluted Net Loss Per Share	$	(0.00	)	$	(0.00	)

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1. Basis of Presentation and Nature of Operations

6 Months Ended

Jun. 30, 2013

Accounting Policies [Abstract]

1. Basis of Presentation and Nature of Operations

The accompanying unaudited condensed financial statements have been prepared in accordance with accounting principles generally accepted in the U.S. (“GAAP”) for interim financial information and with the instructions to Form 10-Q.  Accordingly, they do not include all of the information required by GAAP for complete annual financial statement presentation.

These condensed financial statements as of and for the three and six months ended June 30, 2013 and 2012, reflect all adjustments which, in the opinion of management, are necessary to fairly present the Company’s financial position and the results of its operations for the periods presented, in accordance with the accounting principles generally accepted in the United States of America. Operating results for the three and six month periods ended June 30,2013, are not necessarily indicative of the results to be expected for other interim periods or for the full year ending December 31, 2013. These unaudited condensed financial statements should be read in conjunction with the financial statements and accompanying notes thereto included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2012, as filed with the Securities Exchange Commission.

Organization

The Company was incorporated as Cyprium Resources, Inc. under the laws of the State of Nevada on December 22, 2006.  The Company was originally formed for mineral exploration in the United States.  On May 19, 2009, the Company’s name was changed to Digital Development Partners, Inc.

A reassessment of the Company’s direction resulted in a reorganization plan on February 17, 2010 which included:

1.   Acquisition of a new line of technology through the acquisition of the worldwide distribution and servicing rights to a cell phone enterprise based in Hong Kong;

2.   Change in management;

3.   Sale of the Company’s option on Top Floor Studio;

4.   Distribution of the Company’s shares in YuDeal, Inc. to the stockholders.

Pursuant to the plan, the Company’s interests in Top Floor Studio and YuDeal Inc. were disposed of in February 2010.  The Company’s option on Top Floor was sold to YuDeal, Inc. for YuDeal common stock, which in turn was traded for 20,095,000 shares of Company stock.  These shares were returned to Treasury and cancelled.  A residual of YuDeal stock was distributed to Company stockholders in March and April 2010.

In conjunction with the reorganization the management team of the Company resigned. The Company’s president, Isaac Roberts, was replaced by Jack Jie Quin, president of EFT Biotech Holdings Inc.

On February 17, 2010 an agreement was signed with the cell phone company, EFT Biotech Holding, Inc., now EFT Holdings, Inc., which trades on the OTC Pink Sheets under the ticker symbol “EFTB”, and markets its “EFT-Phone” through direct marketing in China from Hong Kong.  EFT’s distribution and servicing rights were acquired by the Company in the agreement through the exchange of 79,265,000 shares of the Company’s common stock.

EFT Holdings, Inc. thereby became the majority stockholder of Digital Development Partners Inc.   The Company sold EFT-Phones as agent to EFT-Phone for its Chinese market through the fiscal year ended December 31, 2011. There have been no new orders during the year ended December 31, 2012 or the six months ended June 30, 2013.  EFT has advised the Company that due to a significant drop in demand for the EFT phone, no new orders will be placed until demand increases.  The Company is investigating other business opportunities and sources to develop revenue.

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3. Related Party Transactions

6 Months Ended

Jun. 30, 2013

Related Party Transactions [Abstract]

3. Related Party Transactions

	June 30, 2013		December 31, 2012
	(Unaudited)
Loan payable to related party – EFT Holdings, Inc	$	380,000	$	340,000

A promissory note for $500,000 was issued May 13, 2010 to EFT Holdings Inc. A series of advances was received from EFT Holdings during the fiscal year ended December 31, 2011 totaling $300,000. The note was paid down to $300,000 in January, 2011. Since the pay down of the loan in January 2011 further advances include $20,000 on August 17, 2012, $20,000 December 11, 2012, $20,000 on April 5, 2013 and $20,000 on June 4, 2013, increasing the loan balance to 380,000. The note bears annual interest of 5%, requires no monthly payments, and is due on demand.

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2. Summary of Significant Accounting Policies (Tables)

6 Months Ended

Jun. 30, 2013

Summary Of Significant Accounting Policies Tables

Reconciliation of Numerator and Denominator for basic and diluted earnings per share

The following is a reconciliation of the numerator and denominator of the basic and diluted earnings per share computations for the three months ended June 30, 2013 and 2012:

	2013			2012
Numerator:
Basic and diluted net loss per share:
Net Loss	$	(28,161	)	$	(18,057	)
Denominator
Basic and diluted weighted average number of shares outstanding		85,970,665			85,970,665
Basic and Diluted Net Loss Per Share	$	(0.00	)	$	(0.00	)

The following is a reconciliation of the numerator and denominator of the basic and diluted earnings per share computations for the six months ended June 30, 2013 and 2012:

	2013			2012
Numerator:
Basic and diluted net loss per share:
Net Loss	$	(47,769	)	$	(35,239	)
Denominator
Basic and diluted weighted average number of shares outstanding		85,970,665			85,970,665
Basic and Diluted Net Loss Per Share	$	(0.00	)	$	(0.00	)

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4. Income Taxes

6 Months Ended

Jun. 30, 2013

Income Tax Disclosure [Abstract]

4. Income Taxes

No provision was made for federal income tax for the six months ended June 30, 2013, since the Company had net operating losses.

The Company has available a net operating loss carry-forward of approximately $8,519,259, which begins to expire in 2029 unless utilized beforehand. Net operating loss carry forwards may be used to reduce taxable income through the year 2032. The availability of the Company’s net operating loss carry forwards are subject to limitation if there is a 50% or more positive change in the ownership of the Company’s stock. As presented below, the Company generated a deferred tax asset through the net operating loss carry-forward.  However, a 100% valuation allowance has been established because the ultimate realization of the deferred tax asset is dependent upon the generation of future taxable income during the periods in which the net operating loss carryforwards are available.  Management considers projected future taxable income, the scheduled reversal of deferred tax liabilities and available tax planning strategies that can be implemented by the Company in making this assessment.  Based upon the level of historical taxable income and projections for future taxable income over the period in which the net operating loss carryforwards are available to reduce income taxes payable, management has established a valuation allowance such that the net deferred tax asset is $0 as of June 30, 2013 and December 31, 2012.

	As of June 30, 2013			As of December 31, 2012
Deferred tax assets:
Net operating loss carryforwards	$	47,769		$	86,170
Less: valuation allowance		(47,769	)		(86,170	)
Net deferred tax assets	$	--		$	--

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Balance Sheets (Parenthetical) (USD $)	Jun. 30, 2013	Dec. 31, 2012
Stockholders' Equity
Common stock, par value	$ 0.001	$ 0.001
Common stock, Authorized	225,000,000	225,000,000
Common stock, Issued	85,970,665	85,970,665
Common stock, outstanding	85,970,665	85,970,665

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3. Related Party Transactions (Details) (USD $)	Jun. 30, 2013	Dec. 31, 2012
Related Party Transactions Details
Loan Payable – EFT Holdings	$ 380,000	$ 340,000

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Statements of Cash Flows (Unaudited) (USD $)	3 Months Ended		6 Months Ended
	Jun. 30, 2013	Jun. 30, 2012	Jun. 30, 2013	Jun. 30, 2012
Operating activities:
Net loss	$ (28,161)	$ (18,057)	$ (47,769)	$ (35,239)
Change in operating assets and liabilities:
Accounts payable			1,485	(1,158)
Net cash used in operating activities			(46,283)	(36,397)
Financing activities:
Proceeds from loans			40,000
Net cash provided (used) by financing activities			40,000
Net decrease in cash			(6,283)	(36,397)
Cash, beginning of the period			22,665	49,831
Cash, end of the period	16,382	13,434	16,382	13,434
Supplemental cash flow disclosure:
Interest paid
Taxes paid

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Balance Sheets (USD $)	Jun. 30, 2013	Dec. 31, 2012
ASSETS
Cash	$ 16,382	$ 22,665
Total Assets	16,382	22,665
LIABILITIES AND STOCKHOLDERS' EQUITY
Accounts Payable	63,606	62,121
Long Term Liabilities
Loan Payable	380,000	340,000
Total Liabilities	443,606	402,122
Stockholders' Equity
Common Stock, $0.001 par value; authorized 225,000,000 shares; 85,970,665 shares issued and outstanding as at June 30, 2013 and December 31, 2012.	85,971	85,971
Additional Paid-In Capital	7,488,946	7,488,946
Accumulated Deficit	(8,002,141)	(7,954,373)
Total Stockholders' Equity	(427,224)	(379,456)
Total Liabilities and Stockholders Deficit	$ 16,382	$ 22,665

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2. Summary of Significant Accounting Policies (Details) (USD $)	3 Months Ended		6 Months Ended
	Jun. 30, 2013	Jun. 30, 2012	Jun. 30, 2013	Jun. 30, 2012
Summary Of Significant Accounting Policies Details
Net Loss	$ (28,161)	$ (18,057)	$ (47,769)	$ (35,239)
Basic and diluted weighted average number of shares outstanding	85,970,665	85,970,665	85,970,665	85,970,665
Basic and Diluted Net Loss Per Share	$ 0.00	$ 0.00	$ 0.00	$ 0.00

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3. Related Party Transactions (Tables)

6 Months Ended

Jun. 30, 2013

Related Party Transactions Tables

Schedule of related party transactions

	June 30, 2013		December 31, 2012
	(Unaudited)
Loan payable to related party – EFT Holdings, Inc	$	380,000	$	340,000

XML

2. Summary of Significant Accounting Policies

6 Months Ended

Jun. 30, 2013

Notes to Financial Statements

Summary of Significant Accounting Policies

Use of Estimates

The preparation of condensed financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make certain estimates and assumptions that affect the reported amounts of assets and liabilities at the date of the condensed financial statements, and reported amounts of revenue and expenses during the reporting period.  Actual results could differ materially from those estimates.

Cash and Cash equivalents

Cash and equivalents include investments with initial maturities of three months or less. The Company had no cash equivalents as of June 30, 2013 or December 31, 2012.

Fair Value of Financial Instruments

The Financial Accounting Standards Board issued   ASC 820-10 (SFAS No. 157), “Fair Value Measurements and Disclosures" for financial assets and liabilities. ASC 820-10 provides a framework for measuring fair value and requires expanded disclosures regarding fair value measurements.  FASB ASC 820-10 defines fair value as the price that would be received for an asset or the exit price that would be paid to transfer a liability in the principal or most advantageous market in an orderly transaction between market participants on the measurement date.  FASB ASC 820-10 also establishes a fair value hierarchy which requires an entity to maximize the use of observable inputs, where available. The following summarizes the three levels of inputs required by the standard that the Company uses to measure fair value:

-   Level 1: Quoted prices in active markets for identical assets or liabilities

-   Level 2: Observable inputs other than Level 1 prices, such as quoted prices for similar assets or liabilities; quoted prices in markets that are not active, or other inputs that are observable or can be corroborated by observable market data for substantially the full term of the related assets or liabilities.

-   Level 3: Unobservable inputs that are supported by little or no market activity and that are significant to the fair value of the assets or liabilities. 

Income Taxes

Deferred tax assets and liabilities are recorded based on the difference between the financial statement and tax basis of assets and liabilities using enacted tax rates in effect for the year in which the differences are expected to reverse.  The Company calculates a provision for income taxes using the asset and liability method, under which deferred tax assets and liabilities are recognized by identifying the temporary differences arising from the different treatment of items for tax and accounting purposes.  In determining the future tax consequences of events that have been recognized in the financial statements or tax returns, judgment and interpretation of statutes is required.  Additionally, the Company uses tax planning strategies as a part of its tax compliance program.  Judgments and interpretation of statutes are inherent in this process.

The accounting guidance for uncertainties in income tax prescribes a comprehensive model for the financial statement recognition, measurement, presentation, and disclosure of uncertain tax positions taken or expected to be taken in income tax returns. The Company recognizes a tax benefit from an uncertain tax position in the financial statements only when it is more likely than not that the position will be sustained upon examination, including resolution of any related appeals or litigation processes, based on the technical merits and a consideration of the relevant taxing authority’s widely understood administrative practices and precedents.

We believe that our income tax filing positions and deductions will be sustained on audit and do not anticipate any adjustments that will result in a material change to our financial position. Therefore, no reserves for uncertain income tax positions have been recorded pursuant to ASC 740. In addition, we did not record a cumulative effect adjustment related to the adoption of ASC 740. our policy for recording interest and penalties associated with income-based tax audits is to record such items as a component of income taxes.

Going Concern

The Company’s activities will necessitate significant uses of working capital beyond 2013. Additionally, the Company’s capital requirements will depend on many factors, including the success of the Company’s researching for new markets. The Company plans to continue financing its operations with cash received from financing activities, more specifically from related party loans.

While the Company strongly believes that its capital resources will be sufficient in the near term, there is no assurance that the Company’s activities will generate sufficient revenues to sustain its operations without additional capital or if additional capital is needed, that such funds, if available, will be obtainable on terms satisfactory to the Company.

Recent Accounting Pronouncements

In February 2013, the FASB issued ASU No. 2013-02, Reporting of Amounts Reclassified out of Accumulated Other Comprehensive (ASU 2013-02). This guidance is the culmination of the FASB’s deliberation on reporting reclassification adjustments from accumulated other comprehensive income (AOCI). The amendments in ASU 2013-02 do not change the current requirements for reporting net income or other comprehensive income. However, the amendments require disclosure of amounts reclassified out of AOCI in its entirety, by component, on the face of the statement of operations or in the notes thereto. Amounts that are not required to be reclassified in their entirety to net income must be cross-referenced to other disclosures that provide additional detail. This standard is effective prospectively for annual and interim reporting periods beginning after December 15, 2012. The Company is evaluating the effect, if any; the adoption of ASU 2013-02 will have on its condensed financial statements.

In April 2013, the FASB issued ASU No. 2013-07, “Presentation of Financial Statements” (Topic 205): Liquidation Basis of Accounting. The objective of ASU No. 2013-07 is to clarify when an entity should apply the liquidation basis of accounting and to provide principles for the measurement of assets and liabilities under the liquidation basis of accounting, as well as any required disclosures. The amendments in this standard are effective prospectively for entities that determine liquidation is imminent during annual reporting periods beginning after December 15, 2013, and interim reporting periods therein. We are evaluating the effect, if any, adoption of ASU No. 2013-07 will have on our financial statements.  

Other recent accounting pronouncements issued by the FASB (including its Emerging Issues Task Force), and the United States Securities and Exchange Commission did not or are not believed by management to have a material impact on the Company’s present or future financial statements.

Basic and Diluted Net Loss per Share

Net loss per share is calculated in accordance with ASC 260, Earnings per Share, for the period presented.  Basic net loss per share is based upon the weighted average number of common shares outstanding.  Diluted net loss per share is based on the assumption that all dilutive convertible shares and stock options were converted or exercised.  Dilution is computed by applying the treasury stock method.  Under this method, options and warrants are assumed exercised at the beginning of the period (or at the time of issuance, if later), and as if funds obtained thereby were used to purchase common stock at the average market price during the period.

As of June 30, 2013 the Company had potentially dilutive securities in outstanding warrants for the purchase of shares of common stock.  Since the Company is in a loss position, the warrants are anti-dilutive and not included in the calculation.

The following is a reconciliation of the numerator and denominator of the basic and diluted earnings per share computations for the three months ended June 30, 2013 and 2012:

	2013			2012
Numerator:
Basic and diluted net loss per share:
Net Loss	$	(28,161	)	$	(18,057	)
Denominator
Basic and diluted weighted average number of shares outstanding		85,970,665			85,970,665
Basic and Diluted Net Loss Per Share	$	(0.00	)	$	(0.00	)

The following is a reconciliation of the numerator and denominator of the basic and diluted earnings per share computations for the six months ended June 30, 2013 and 2012:

	2013			2012
Numerator:
Basic and diluted net loss per share:
Net Loss	$	(47,769	)	$	(35,239	)
Denominator
Basic and diluted weighted average number of shares outstanding		85,970,665			85,970,665
Basic and Diluted Net Loss Per Share	$	(0.00	)	$	(0.00	)

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4. Income Taxes (Details Narrative) (USD $)	Jun. 30, 2013
Income Taxes Details Narrative
Operating loss carry-forwards	$ 8,519,259
Deferred tax credits	$ 0

XML

Document and Entity Information	6 Months Ended
	Jun. 30, 2013	Jul. 31, 2013
Document And Entity Information
Entity Registrant Name	Digital Development Partners, Inc.
Entity Central Index Key	0001409999
Document Type	10-Q
Document Period End Date	Jun. 30, 2013
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Is Entity a Well-known Seasoned Issuer?	No
Is Entity a Voluntary Filer?	No
Is Entity's Reporting Status Current?	Yes
Entity Filer Category	Smaller Reporting Company
Entity Common Stock, Shares Outstanding		86,402,665
Document Fiscal Period Focus	Q2
Document Fiscal Year Focus	2013