XML 38 R4.htm IDEA: XBRL DOCUMENT v3.3.0.814
Condensed Statements of Operations (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Sep. 30, 2015
Sep. 30, 2014
Income Statement [Abstract]        
Revenue
Expenses:        
Consulting and contractor expenses $ 125,787 $ 199,480 $ 479,834 $ 568,343
Professional fees 12,375 43,517 62,754 118,864
General and administrative expenses 3,290 13,134 109,093 34,214
Depreciation expense 8,496 8,496 25,488 25,488
Rent expense 12,799 6,418 40,901 15,558
Vessel expenses 14,431 30,428 41,223 72,197
Travel and entertainment 13,711 46,332 50,044 112,788
Total operating expenses 190,889 347,805 809,337 947,452
Loss from operations (190,889) (347,805) (809,337) (947,452)
Other income (expense)        
Interest income (expense), net $ (135,227) (180,819) $ 72,559 (624,425)
Loss on impairment (1,100) (1,100)
Total other income (expense) $ (135,227) (181,919) $ 72,559 (625,525)
Net loss $ (326,116) $ (529,724) $ (736,778) $ (1,572,977)
Net loss per share - basic and diluted
Weighted average common shares outstanding - basic and diluted 1,193,601,601 919,710,681 1,120,925,906 890,886,099