Document And Entity Information
Entity Registrant Name
Entity Central Index Key
Document Type
Document Period End Date
Amendment Flag
Current Fiscal Year End Date
Is Entity a Well-known Seasoned Issuer?
Is Entity a Voluntary Filer?
Is Entity's Reporting Status Current?
Entity Filer Category
Entity Common Stock, Shares Outstanding
Document Fiscal Period Focus
Document Fiscal Year Focus
Statement of Financial Position [Abstract]
ASSETS
Current assets:
Cash in banks
Accounts Receivable
Inventories
Total current assets
Fixed assets:
Property and Equipment - Net
Other assets:
Security Deposits
Intellectual Property
Total other assets
Total assets
LIABILITIES AND STOCKHOLDERS' DEFICIT
CURRENT LIABILITIES
Accounts Payable
Accrued Interest
Accrued Employee Compensation
Sales tax payable
Advances from non-affiliated related parties
Notes payable, non-affiliated related parties
Notes payable, third parties
Total current liabilities
Other liabilities
Total liabilities
Commitments and contingencies (Note 9)
STOCKHOLDERS' DEFICIT
Preferred stock $.001 par value 10,000,000 and 100,000,000 shares authorized, 150,000 shares issued and outstanding at March 31, 2012 and December 31, 2011, respectively
Common stock $.001 par value 300,000,000 and 2,000,000,000 shares authorized, 93,766,304 and 923,444 shares issued and 93,766,060 and 923,200 shares outstanding at March 31, 2012 and December 31, 2011, respectively
Additional paid-in capital
Treasury stock, at cost (244 shares)
Deficit accumulated during the exploration stage
Total stockholders' equity (deficit)
Total liabilities and stockholders' equity (deficit)
Preferred stock par value
Preferred stock shares authorized
Preferred stock shares issued
Preferred stock shares outstanding
Common stock par value
Common stock shares authorized
Common stock shares issued
Common stock shares outstanding
Income Statement [Abstract]
Revenue
Cost of goods sold
Gross profit
Operating expenses:
General and administrative
Investor relations
Occupancy - Headquarters
Officer compensation
Professional fees
Staff Compensation
Stock-Based Compensation
Depreciation
Total operating expenses
Loss from operations
Other expenses:
Loss on Disposition of Asset
Loss on settlement of debt (Note 8)
Interest expense
Write-off of project development costs
Write-off Amount Due from Others
Total Other Expenses
Net loss
Net loss per share - basic and diluted
Weighted average number of shares oustanding during the period - Basic and diluted
Statement of Cash Flows [Abstract]
CASH FLOWS FROM OPERATING ACTIVITIES
Net Loss
Adjustments to Reconcile Net Loss To Cash Provided (Used) by Operations
Loss on settlement of debt
Stock-based compensation
Stock issued for services
Cancellation of stock issued for services
Loss on disposition of software
Interest accrued on notes payable, non-affiliated related parties
Interest accrued on notes payable, third parties
Accretion of beneficial conversion feature as interest expense
Changes in operating assets and liabilities:
Due From NexPhase Lighting
Accounts Receivable
Inventories
Prepaid expenses
Security deposits
Accounts Payable
Sales Tax Payable
Accrued compensation
Net cash used in operating activities
Cash flows used in investing activities:
Net cash received from acquisition
Purchase of Office Equipment
Project Development Costs
Net cash used in investing activities
Cash flows from financing activities:
Proceeds from issuance of note payable, non-affiliated related parties
Payments on notes payable, non-affiliated related parties
Proceeds from issuance of notes payable, third parties
Advances from non-affiliated related parties
Proceeds from sale of common stock
Net cash provided by financing activities
Net increase (decrease) in cash
Cash at beginning of period
Cash at end of period
Supplemental disclosure of cash flow information:
Cash paid for interest
Cash paid for taxes
Non-cash investing and financing activities:
Conversion of note payable, related parties to common stock
Conversion of accrued interest, related parties to common stock
Common stock issued
Additional paid in capital on stock issued
Conversion of note payable, third parties to common stock
Conversion of accrued interest, third parties to common stock
Common stock issued
Additional paid in capital on stock issued
Benefical conversion feature discount to notes payable, related parties
Benefical conversion feature discount to notes payable, third parties
Additional paid in capital
Conversion of accrued compensation to common stock
Common stock issued
Conversion of notes payable, related parties to notes payable, third parties:
Notes payable, related parties
Accrued interest
Notes payable, third parties
Net assets acquired in acquisition of NexPhase Lighting
Common stock issued
Additional paid in capital on stock issued
244,000 shares of stock acquired and placed in treasury
Issuance of notes payable to former investors in NexPhase
Notes to Financial Statements
Note 1 - Nature of Business, Presentation, and Going Concern
Note 2 - Project Development Cost
Note 3 - Notes Payable - Non-affiliated Related Parties
Note 4 - Notes Payable - Third Parties
Note 5 - Executive Compensation Agreement
Note 6 - Stockholders' Equity (Deficit) and Common Stock
Note 7 - Related Party Transactions
Note 8 - Loss on Settlement of Debt
Note 9 - Commitments and Contingencies
Note 10 - Subsequent Events
Assets, Current
Other Assets, Noncurrent
Assets
Liabilities, Current
Liabilities
Treasury Stock, Value
Stockholders' Equity Attributable to Parent
Liabilities and Equity
Operating Expenses
Operating Income (Loss)
LossOnSettlementOfDebtNote8
Interest Expense
WriteoffOfProjectDevelopmentCosts
Nonoperating Income (Expense)
Increase (Decrease) in Accounts Receivable
Inventories [Default Label]
Increase (Decrease) in Accounts Payable
Net Cash Provided by (Used in) Operating Activities
Net Cash Provided by (Used in) Investing Activities
PaymentsOnNotesPayableNonaffiliatedRelatedParties
AdvancesFromNonaffiliatedRelatedParties1
Net Cash Provided by (Used in) Financing Activities
CommonStockIssued2
AdditionalPaidInCapitalOnStockIssued2
CommonStockIssued
Increase (Decrease) in Notes Payable, Related Parties, Current
CommonStockIssued3
AdditionalPaidInCapitalOnStockIssued1
Custom Element
Custom Element
Custom Element
Custom Element
Custom Element
Custom Element
Custom Element
Custom Element
Custom Element
Custom Element
Custom Element
Custom Element
Custom Element
Custom Element
Custom Element
Custom Element
Custom Element
Custom Element
Custom Element
Custom Element
Custom Element
Custom Element
Custom Element
Custom Element
Custom Element
Custom Element
Custom Element
Custom Element
Custom Element
Custom Element
Custom Element
Custom Element
Custom Element