XML 18 R4.htm IDEA: XBRL DOCUMENT v2.4.0.6
Consolidated Statements of Operations (Unaudited) (USD $)
3 Months Ended 9 Months Ended
Sep. 30, 2011
Sep. 30, 2010
Sep. 30, 2011
Sep. 30, 2010
Income Statement [Abstract]        
Convention revenue $ 1,434,625 $ 1,103,869 $ 3,076,697 $ 2,215,819
Cost of revenue 701,059 645,641 2,315,465 1,329,720
Gross profit 733,566 458,228 761,232 886,099
Operating expenses        
Compensation 245,753 48,244 680,900 111,555
Consulting fees 85,050    1,260,470   
Web development fees 377,875    795,594   
General and administrative 207,188 167,816 618,313 482,626
Total operating expenses 915,866 216,060 3,355,277 594,181
Income (loss) from operations (182,300) 242,168 (2,594,045) 291,918
Other income (expenses)        
Interest Income       1,228   
Interest expense (65,821) (23) (66,180) (388)
Bad debt recovery       199,019   
Gain (loss) on derivative (1,143,968)    345,425   
Total other income (expense) (1,209,789) (23) 479,492 (388)
Net income (loss) (1,392,089) 242,191 (2,114,553) 291,530
Deemed dividend on Series A Convertible Preferred Stock (31,274)    (80,073)   
Net income (loss) attributable to common stockholders $ (1,423,363) $ 242,191 $ (2,194,626) $ 291,530
Net income (loss) per common share attributable to common stockholders - basic and diluted $ (0.04) $ 0.01 $ (0.06) $ 0.02
Weighted average common shares outstanding - basic and diluted 34,687,735 19,125,000 34,687,735 19,125,000