XML 37 R4.htm IDEA: XBRL DOCUMENT v3.3.0.814
Consolidated Statements of Operations - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Jun. 30, 2015
Jun. 30, 2014
Sales $ 126 $ 0 $ 236 $ 0
Cost of sales 154,423 0 178,390 19,230
Gross margin (154,297) 0 (178,154) (19,230)
Operating expenses        
Acquisition-related costs 819,105 0 819,105 0
Professional fees 104,435 0 137,980 12,594
General and administrative 32,540 72 42,214 24,775
Total operating expenses 956,080 72 999,299 37,369
Loss from Operations (1,110,377) (72) (1,177,453) (56,599)
Other (income) expenses        
Change in fair value of derivative liability (25,809) 0 (119,297) 0
Financing cost 0 0 50,000 0
Debt discount 23,201 0 40,996 0
Interest expense 2,186 0 2,186 0
Other (income) expenses, net (422) 0 (26,115) 0
Loss before income tax provision (1,109,955) (72) (1,151,338) (56,599)
Income tax provision 0 0 0 0
Net loss $ (1,109,955) $ (72) $ (1,151,338) $ (56,599)
Earnings per share        
- Basic and Diluted (in dollars per share) $ (0.00) $ (0.00) $ (0.00) $ (0.00)
Weighted average common shares outstanding        
- Basic and Diluted (in shares) 518,901,465 445,408,977 483,102,290 445,408,977