Consolidated Statements of Operations (Unaudited) (USD $)
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12 Months Ended | |
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Dec. 31, 2014
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Dec. 31, 2013
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Income Statement [Abstract] | ||
Net revenues - services | $ 8,410us-gaap_SalesRevenueServicesNet | |
Cost of revenues - services | 202us-gaap_CostOfRevenue | |
Gross profit | 8,208us-gaap_GrossProfit | |
Operating Expenses | ||
General and administrative expneses | 426,650us-gaap_GeneralAndAdministrativeExpense | 573,793us-gaap_GeneralAndAdministrativeExpense |
Total Operating Expenses | 426,650us-gaap_OperatingExpenses | 573,793us-gaap_OperatingExpenses |
Loss from Operations | (418,240)us-gaap_OperatingIncomeLoss | (573,793)us-gaap_OperatingIncomeLoss |
Other Income / (Expense) | ||
Interest expense | (120,575)us-gaap_InterestIncomeExpenseNet | |
Gain on settlement of debt | 1,285,872us-gaap_GainsLossesOnExtinguishmentOfDebt | |
Change in fair value of derivative liability | 7,006us-gaap_IncreaseDecreaseInDerivativeLiabilities | 32,614us-gaap_IncreaseDecreaseInDerivativeLiabilities |
Total Other Expense, net | 7,006us-gaap_OtherNonoperatingIncomeExpense | 1,197,911us-gaap_OtherNonoperatingIncomeExpense |
Loss before provision for income taxes | (411,234)us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments | 624,118us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments |
Provision for income taxes | ||
Net Loss | (411,234)us-gaap_NetIncomeLoss | 624,118us-gaap_NetIncomeLoss |
Preferred deemed dividend | (133,274)us-gaap_RedeemablePreferredStockDividends | |
Net (loss) income available to common stockholders | $ (544,508)us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic | $ 624,118us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic |
Net Loss Per Share - Basic | $ (0.13)us-gaap_EarningsPerShareBasic | $ 0.38us-gaap_EarningsPerShareBasic |
Net Loss Per Share - Diluted | $ (0.13)us-gaap_EarningsPerShareDiluted | $ 0.36us-gaap_EarningsPerShareDiluted |
Weighted average number of shares outstanding during the year Basic | 4,093,598us-gaap_WeightedAverageNumberOfSharesOutstandingBasic | 1,661,276us-gaap_WeightedAverageNumberOfSharesOutstandingBasic |
Weighted average number of shares outstanding during the year Diluted | 4,093,598us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding | 1,714,606us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding |
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- Definition
The aggregate cost of goods produced and sold and services rendered during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The amount of net income (loss) for the period per each share of common stock or unit outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The amount of net income (loss) for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Difference between the fair value of payments made and the carrying amount of debt which is extinguished prior to maturity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The aggregate total of expenses of managing and administering the affairs of an entity, including affiliates of the reporting entity, which are not directly or indirectly associated with the manufacture, sale or creation of a product or product line. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Aggregate revenue less cost of goods and services sold or operating expenses directly attributable to the revenue generation activity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Sum of operating profit and nonoperating income or expense before Income or Loss from equity method investments, income taxes, extraordinary items, and noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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- Definition
Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The increase (decrease) during the period in the carrying value of derivative instruments reported as liabilities that are due to be disposed of within one year (or the normal operating cycle, if longer). No definition available.
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- Definition
The net amount of operating interest income (expense). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Net income after adjustments for dividends on preferred stock (declared in the period) and/or cumulative preferred stock (accumulated for the period). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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- Definition
Generally recurring costs associated with normal operations except for the portion of these expenses which can be clearly related to production and included in cost of sales or services. Includes selling, general and administrative expense. No definition available.
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- Details
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- Definition
The net result for the period of deducting operating expenses from operating revenues. No definition available.
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- Definition
The net amount of other income and expense amounts, the components of which are not separately disclosed on the income statement, resulting from ancillary business-related activities (that is, excluding major activities considered part of the normal operations of the business) also known as other nonoperating income (expense) recognized for the period. Such amounts may include: (a) dividends, (b) interest on securities, (c) net gains or losses on securities, (d) unusual costs, (e) gains or losses on foreign exchange transactions, and (f) miscellaneous other income and expense items. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Dividends paid to preferred stock holders that is redeemable solely at the option of the issuer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Aggregate revenue during the period from services rendered in the normal course of business, after deducting allowances and discounts. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The average number of shares or units issued and outstanding that are used in calculating diluted EPS or earnings per unit (EPU), determined based on the timing of issuance of shares or units in the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Number of [basic] shares or units, after adjustment for contingently issuable shares or units and other shares or units not deemed outstanding, determined by relating the portion of time within a reporting period that common shares or units have been outstanding to the total time in that period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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