XML 50 R5.htm IDEA: XBRL DOCUMENT v2.4.0.8
CONSOLIDATED STATEMENTS OF STOCKHOLDERS’ DEFICIT (Unaudited) (USD $)
Preferred Stock [Member]
Common Stock [Member]
Additional Paid-In Capital
Members Equity [Member]
Accumulated Deficit
Total
Beginning Balance, Amount at Jul. 10, 2011 [1]                  
Beginning Balance, Shares at Jul. 10, 2011 [1]              
Net loss [1]          (483,967)    (483,967)
Ending Balance, Amount at Jun. 30, 2012 [1]          (483,967)    (483,967)
Ending Balance, Shares at Jun. 30, 2012 [1]              
Net loss [1]          (886,877)    (886,877)
Ending Balance, Amount at Jun. 30, 2013 [1]          (1,370,844)    (1,370,844)
Ending Balance, Shares at Jun. 30, 2013 [1]              
Warrants issued with debt [1]             
Reclassification of warrants to derivative liabilities [1]             
Stockholder contribution [1]          150,000     
Net loss [1]          (343,725)     
Ending Balance, Amount at Feb. 06, 2014 [1]          (1,564,569)    (1,564,569)
Ending Balance, Shares at Feb. 06, 2014 [1]              
Successor Beginning Balance, Shares [2]   9,385,000        
Successor Beginning Balance, Amount [2]    9,385 (9,385)         
Shares issued in reverse merger, Shares [2] 22,000,000 1,501,013        
Shares issued in reverse merger, Amount [2] 22,000 150,101 (525,446)       (353,345)
Conversion of Series A Preferred stock to common stock, Shares [2] (6,000,000) 60,000        
Conversion of Series A Preferred stock to common stock, Amount [2] (6,000) 6,000            
Warrants issued with debt [2]                  
Warrants issued for deferred financing costs [2]       1,120,970        
Reclassification of warrants to derivative liabilities [2]                  
Stockholder contribution [2]       1,000        
Net loss [2]             (3,006,199)  
Ending Balance, Amount at Mar. 31, 2014 [2] $ 16,000 $ 165,486 $ 587,139    $ (3,006,199) $ (2,237,574)
Ending Balance, Shares at Mar. 31, 2014 [2] 16,000,000 10,946,013        
Conversion of Series A Preferred stock to common stock, Shares 8,000,000 80,000        
Ending Balance, Amount at Jul. 21, 2014            
[1] MV Patents, LLC
[2] California Gold Corp. and Subsidiaries