ORBITAL TRACKING CORP AND GLOBAL TELESAT COMMUNICATIONS LIMITED SHARE EXCHANGE, REVERSE ACQ. AND RECAP (Details Narrative) (USD $)
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3 Months Ended | ||
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Mar. 31, 2015
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Mar. 31, 2014
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Dec. 31, 2014
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Date of merger | Feb. 19, 2015 | ||
Shares issued for business acquisition | 2,540,000us-gaap_BusinessAcquisitionEquityInterestsIssuedOrIssuableNumberOfSharesIssued | ||
Cash payment for acquisition | $ 375,000us-gaap_PaymentsToAcquireBusinessesGross | ||
Note issued for acquisition | $ 122,536us-gaap_NotesIssued1 | ||
Orbital Tracking [Member] | |||
Common stock held |
5,383,172us-gaap_CommonStockOtherSharesOutstanding / us-gaap_BusinessAcquisitionAxis = us-gaap_MajorityShareholderMember |
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Preferred stock, Series E | |||
Shares issued for business acquisition |
8,746,000us-gaap_BusinessAcquisitionEquityInterestsIssuedOrIssuableNumberOfSharesIssued / us-gaap_StatementClassOfStockAxis = us-gaap_SeriesEPreferredStockMember |
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Conversion ratio |
10us-gaap_ConvertiblePreferredStockSharesIssuedUponConversion / us-gaap_StatementClassOfStockAxis = us-gaap_SeriesEPreferredStockMember |
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Preferred stock held |
8,746,000us-gaap_PreferredStockSharesOutstanding / us-gaap_StatementClassOfStockAxis = us-gaap_SeriesEPreferredStockMember |
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Series A Preferred Stock [Member] | |||
Preferred stock held |
20,000us-gaap_PreferredStockSharesOutstanding / us-gaap_StatementClassOfStockAxis = us-gaap_SeriesAPreferredStockMember |
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Series A Preferred Stock [Member] | Orbital Tracking [Member] | |||
Preferred stock held |
20,000us-gaap_PreferredStockSharesOutstanding / us-gaap_BusinessAcquisitionAxis = us-gaap_MajorityShareholderMember / us-gaap_StatementClassOfStockAxis = us-gaap_SeriesAPreferredStockMember |
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Series B Preferred Stock | |||
Preferred stock held |
6,666us-gaap_PreferredStockSharesOutstanding / us-gaap_StatementClassOfStockAxis = us-gaap_SeriesBPreferredStockMember |
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Series B Preferred Stock | Orbital Tracking [Member] | |||
Preferred stock held |
6,666us-gaap_PreferredStockSharesOutstanding / us-gaap_BusinessAcquisitionAxis = us-gaap_MajorityShareholderMember / us-gaap_StatementClassOfStockAxis = us-gaap_SeriesBPreferredStockMember |
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Preferred stock, Series C | |||
Preferred stock held |
3,337,442us-gaap_PreferredStockSharesOutstanding / us-gaap_StatementClassOfStockAxis = us-gaap_SeriesCPreferredStockMember |
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Preferred stock, Series C | Orbital Tracking [Member] | |||
Preferred stock held |
1,197,442us-gaap_PreferredStockSharesOutstanding / us-gaap_BusinessAcquisitionAxis = us-gaap_MajorityShareholderMember / us-gaap_StatementClassOfStockAxis = us-gaap_SeriesCPreferredStockMember |
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Preferred stock, Series D | |||
Preferred stock held |
5,000,000us-gaap_PreferredStockSharesOutstanding / us-gaap_StatementClassOfStockAxis = us-gaap_SeriesDPreferredStockMember |
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Preferred stock, Series D | Orbital Tracking [Member] | |||
Preferred stock held |
5,000,000us-gaap_PreferredStockSharesOutstanding / us-gaap_BusinessAcquisitionAxis = us-gaap_MajorityShareholderMember / us-gaap_StatementClassOfStockAxis = us-gaap_SeriesDPreferredStockMember |
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- Definition
Date when the acquirer obtains control of the acquiree, in CCYY-MM-DD format. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Number of shares of equity interests issued or issuable to acquire entity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Total number of shares of other common stock instruments held by shareholders, such as exchangeable shares. May be all or portion of the number of common shares authorized. No definition available.
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Number of shares issued for each share of convertible preferred stock that is converted. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The fair value of notes issued in noncash investing and financing activities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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The cash outflow associated with the acquisition of business during the period. The cash portion only of the acquisition price. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Aggregate share number for all nonredeemable preferred stock (or preferred stock redeemable solely at the option of the issuer) held by stockholders. Does not include preferred shares that have been repurchased. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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