2.4.0.800000008 - Disclosure - MERGER WITH DYNAMIC ENERGY DEVELOPMENT CORPORATATIONtruefalsefalse1false falsefalseFrom2013-01-01to2013-06-30http://www.sec.gov/CIK0000704366duration2013-01-01T00:00:002013-06-30T00:00:001true 1DEAC_MergerWithDynamicEnergyDevelopmentCorporationAbstractDEAC_falsenadurationfalsefalsefalsefalsefalsefalsefalsefalse1falsefalsefalse00falsefalsefalsexbrli:stringItemTypestringfalse0Merger With Dynamic Energy Development Corporatation2false 2DEAC_MergerWithDynamicEnergyDevelopmentCorporationTextBlockDEAC_falsenadurationfalsefalsefalsefalsefalsefalsefalsefalse1falsefalsefalse00<table cellspacing="0" cellpadding="0" style="width: 100%"> <tr style="vertical-align: top"> <td style="width: 3%; font: 10pt Times New Roman, Times, Serif; text-align: justify">(a)</td> <td style="width: 97%; font: 10pt Times New Roman, Times, Serif; text-align: justify">Description of the Merger</td></tr> </table>   This merger acquisition was transacted as follows (The Companys shares of common stock disclosures in this note have been presented on a post forward stock split basis.):   The Company, DEDC and Verdad Telecom (MAMM Controlling Shareholder) entered into a Share Exchange Agreement, pursuant to which MAMM Controlling Shareholder, owning an aggregate of 44,786,188 shares of common stock, $.0001 par value per share, of the Company (Common Stock), equivalent to 85.5% of the issued and outstanding Common Stock (the Old MAMM Shares) would return its shares to treasury and DEDC shareholders would exchange 17,622,692 DEDC shares on a one for one basis of newly issued shares of the Company. On return of such shares to treasury, the MAMM Controlling Shareholder received a cash payment of $322,000 (the Purchase Price). In addition, prior to the effective time of the Merger, 6,000,000 shares of the Companys common stock were issued to a debenture holder pursuant to an investment bonus feature in the convertibility of debenture notes. Immediately prior to the effective time of the Merger, 22,871,100 shares of the Companys common stock were issued and outstanding. Upon completion of the Merger, the DEDC shareholders owned approximately 69.8% of the Companys issued and outstanding common stock.   All references to share and per share amounts in these financial statements have been restated to retroactively reflect the number of common shares of MAMM common stock issued pursuant to the Merger.   <table cellspacing="0" cellpadding="0" style="width: 100%"> <tr style="vertical-align: top"> <td style="width: 4%; font: 10pt Times New Roman, Times, Serif; text-align: justify">(b)</td> <td style="width: 96%; font: 10pt Times New Roman, Times, Serif; text-align: justify">Accounting Treatment of the Merger; Financial Statement Presentation</td></tr> </table>   The Merger was accounted for as a reverse acquisition pursuant to Financial Accounting Standards Board (FASB) Accounting Standards Codification (ASC) Topic 805-40-25.1, which provides that the merger of a private operating company into a non-operating public shell corporation without significant net assets typically results in the owners and management of the private company having actual or effective operating control of the combined company after the transaction, with the shareholders of the former public corporation continuing only as passive investors.    These transactions are considered by the Securities and Exchange Commission to be capital transactions in substance, rather than business combinations. That is, the transaction is equivalent to the issuance of stock by the private company for the net monetary assets of the shell corporation, accompanied by a recapitalization. Accordingly, the Merger has been accounted for as a recapitalization, and, for accounting purposes, DEDC is considered the accounting acquirer in a reverse acquisition.   The Companys historical accumulated deficit for periods prior to March 9, 2011, in the amount of $3,075,165 was eliminated by offset against additional-paid-in-capital, and the accompanying financial statements present the previously issued shares of MAMM common stock as having been issued pursuant to the Merger on March 9, 2011.  The shares of common stock of the Company issued to the DEDC stockholders in the Merger are presented as having been outstanding since December 13, 2010, the month when DEDC first sold its equity securities.   Because the Merger was accounted for as a reverse acquisition under Generally Accepted Accounting Principles (GAAP), the financial statements for periods prior to March 9, 2011 reflect only the operations of DEDC.falsefalsefalsenonnum:textBlockItemTypenaMerger With Dynamic Energy Development CorporationNo definition available.false0NOTE 3 - MERGER WITH DYNAMIC ENERGY DEVELOPMENT CORPORATIONfalseMERGER WITH DYNAMIC ENERGY DEVELOPMENT CORPORATATIONUnKnownUnKnownUnKnownUnKnowntruefalsefalseSheethttp://dynamicenergyalliance.com/role/MergerWithDynamicEnergyDevelopmentCorporatation12