• Filing Date: 2013-11-12
  • Form Type: 10-Q
  • Description: Quarterly report
v2.4.0.8
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) (USD $)
3 Months Ended 9 Months Ended 69 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Sep. 30, 2013
Sep. 30, 2012
Sep. 30, 2013
Income Statement [Abstract]          
REVENUE $ 126,545 $ 205,030 $ 669,784 $ 492,761 $ 2,733,935
COST OF REVENUES 67,900 132,505 413,978 319,526 1,700,307
GROSS PROFIT 58,645 72,525 255,806 172,235 1,033,628
OPERATING EXPENSES          
Indirect and administrative labor 34,026 46,813 107,783 135,880 688,272
Professional fees 25,041 280,298 133,374 705,206 1,524,303
Depreciation and amortization expense 8,990 9,498 27,461 28,497 810,155
General and administrative 11,272 11,100 33,764 37,129 865,744
Total operating expense 79,329 347,709 302,382 906,712 3,888,474
NON-OPERATING EXPENSES          
Interest expense including amortization of OID and debt discount, net 59,949 9,948 179,900 29,803 2,303,807
Forgiveness of debt       (4,000)    (9,298)
Total non-operating expenses 59,949 9,948 175,900 29,803 2,294,509
NET LOSS $ (80,633) $ (285,132) $ (222,476) $ (763,280) $ (5,149,355)
WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING 31,549,189 27,660,475 29,828,504 26,987,575   
NET LOSS PER SHARE $ 0.00 $ (0.01) $ (0.01) $ 0.03