XML 15 R4.htm IDEA: XBRL DOCUMENT v2.4.0.8
Consolidated 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]        
Convention revenue $ 2,901,416 $ 1,860,253 $ 4,694,892 $ 2,380,408
Cost of revenue 2,335,546 1,438,364 3,312,423 1,805,124
Gross margin 565,870 421,889 1,382,469 575,284
Operating expenses        
Compensation 423,093 232,940 729,122 414,236
Consulting fees 190,959 207,114 381,711 357,501
General and administrative 245,484 221,300 439,210 398,036
Total operating expenses 859,536 661,354 1,550,043 1,169,773
Loss from operations (293,666) (239,465) (167,574) (594,489)
Other income (expenses)        
Interest expense (8,903) (64,593) (10,064) (239,250)
Change in the fair value of derivative liabilities (2,795,532) (2,383,334) (1,745,606) (2,157,556)
Total other income (expenses) (2,804,435) (2,447,927) (1,755,670) (2,396,806)
Loss before income tax provision (3,098,101) (2,687,392) (1,923,244) (2,991,295)
Income tax provision            
Net loss (3,098,101) (2,687,392) (1,923,244) (2,991,295)
Deemed dividend on Series A Convertible Preferred Stock (85,432) (944,694) (156,113) (998,565)
Net loss attributable to common stockholders $ (3,183,533) $ (3,632,086) $ (2,079,357) $ (3,989,860)
Net loss attributable to common stockholders        
Basic and diluted $ (0.09) $ (0.10) $ (0.06) $ (0.11)
Weighted average common shares outstanding - basic and diluted 35,954,219 35,044,878 35,874,988 35,044,878