XML 50 R2.htm IDEA: XBRL DOCUMENT v2.4.0.6
CONDENSED CONSOLIDATED BALANCE SHEETS (USD $)
Sep. 30, 2012
Dec. 31, 2011
Current assets:    
Cash $ 15,045 $ 12,668
Accounts receivable, net 63,684 148,418
Other current assets 15,428 11,113
Total current assets 94,157 172,199
Property and equipment, net 210,819 145,593
Intangible assets, net 864,812 576,598
Goodwill 255,460 140,832
Total assets 1,425,248 1,035,222
Current liabilities:    
Accounts payable 105,348 41,430
Accrued expenses 58,953 102,572
Deferred revenue 273,330 323,028
Lines of credit 75,162   
Current maturities of capital lease obligations payable 30,283 47,515
Current maturities of long term debt 244,288 75,565
Notes payable, related parties 53,815 404,401
Convertible debt, net of discounts of $51,146 and $14,978, respectively 23,854 64,522
Total current liabilities 865,033 1,059,033
Capital lease obligations payable, net of current maturities 23,661 13,816
Long term debt, net of current maturities 946,706 499,068
Convertible debts, net of discounts of $39,801 and $-0-, respectively 151,048   
Total liabilities 1,986,448 1,571,917
Stockholders' equity (deficit):    
Additional paid in capital (7,472,132) 2,337,369
Stockholders' receivable, consisting of 20,000,000 and 25,000,000 shares, respectively (800,000) (1,000,000)
Accumulated deficit (3,985,748) (2,208,067)
Total stockholders' equity (deficit) (561,200) (536,695)
Total liabilities and stockholders' equity (deficit) 1,425,248 1,035,222
Class A [Member]
   
Stockholders' equity (deficit):    
Common stock 11,641,660 309,003
Class B [Member]
   
Stockholders' equity (deficit):    
Common stock 55,000 25,000
Series A Preferred Stock [Member]
   
Stockholders' equity (deficit):    
Preferred stock 10   
Series B Preferred Stock [Member]
   
Stockholders' equity (deficit):    
Preferred stock $ 10