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Consolidated Statement of Operations (Unaudited) (USD $)
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4 Months Ended | 12 Months Ended |
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Dec. 31, 2013
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Dec. 31, 2014
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| Income Statement | ||
| NET SALES | ||
| OPERATING EXPENSES: | ||
| Organizational | 390us-gaap_BusinessDevelopment | |
| Professional fees | 182,720us-gaap_ProfessionalFees | 1,085,146us-gaap_ProfessionalFees |
| Stock based compensation | 2,369,991us-gaap_ShareBasedCompensation | 227,740us-gaap_ShareBasedCompensation |
| Selling, general, and administrative | 16,122us-gaap_SellingGeneralAndAdministrativeExpense | 74,549us-gaap_SellingGeneralAndAdministrativeExpense |
| Total Operating Expenses | 2,569,223us-gaap_OperatingExpenses | 1,387,435us-gaap_OperatingExpenses |
| Loss from operations | (2,569,223)us-gaap_OperatingIncomeLoss | (1,387,435)us-gaap_OperatingIncomeLoss |
| OTHER EXPENSES: | ||
| Impairment loss on goodwill and intangible asset | (240,000)us-gaap_GoodwillAndIntangibleAssetImpairment | |
| Interest expense | (18,834)us-gaap_InterestExpense | |
| Total Other Expenses | (258,834)us-gaap_NonoperatingIncomeExpense | |
| NET LOSS APPLICABLE TO COMMON SHARES | $ (2,569,223)us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic | $ (1,646,269)us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic |
| NET LOSS PER BASIC AND DILUTED SHARES | $ (0.04)us-gaap_EarningsPerShareBasicAndDiluted | $ (0.03)us-gaap_EarningsPerShareBasicAndDiluted |
| WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING | 60,515,735us-gaap_WeightedAverageNumberOfShareOutstandingBasicAndDiluted | 50,016,068us-gaap_WeightedAverageNumberOfShareOutstandingBasicAndDiluted |
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- Definition
Business development involves the development of products and services, their delivery, design and their implementation. Business development includes a number of techniques designed to grow an economic enterprise. Such techniques include, but are not limited to, assessments of marketing opportunities and target markets, intelligence gathering on customers and competitors, generating leads for possible sales, follow-up sales activity, formal proposal writing and business model design. Business development involves evaluating a business and then realizing its full potential, using such tools as marketing, sales, information management and customer service. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The amount of net income or loss for the period per each share in instances when basic and diluted earnings per share are the same amount and reported as a single line item on the face of the financial statements. Basic earnings per share is the amount of net income or loss for the period per each share of common stock or unit outstanding during the reporting period. Diluted earnings per share includes the amount of net income or 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. No definition available.
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- Definition
Total loss recognized during the period from the impairment of goodwill plus the loss recognized in the period resulting from the impairment of the carrying amount of intangible assets, other than goodwill. No definition available.
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- Details
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- Definition
Amount of the cost of borrowed funds accounted for as interest expense. 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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- Definition
The aggregate amount of income or expense from ancillary business-related activities (that is to say, excluding major activities considered part of the normal operations of the business). 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
A fee charged for services from professionals such as doctors, lawyers and accountants. The term is often expanded to include other professions, for example, pharmacists charging to maintain a medicinal profile of a client or customer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Total revenue from sale of goods and services rendered during the reporting period, in the normal course of business, reduced by sales returns and allowances, and sales discounts. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The aggregate total costs related to selling a firm's product and services, as well as all other general and administrative expenses. Direct selling expenses (for example, credit, warranty, and advertising) are expenses that can be directly linked to the sale of specific products. Indirect selling expenses are expenses that cannot be directly linked to the sale of specific products, for example telephone expenses, Internet, and postal charges. General and administrative expenses include salaries of non-sales personnel, rent, utilities, communication, etc. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The aggregate amount of noncash, equity-based employee remuneration. This may include the value of stock or unit options, amortization of restricted stock or units, and adjustment for officers' compensation. As noncash, this element is an add back when calculating net cash generated by operating activities using the indirect method. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Average number of shares or units issued and outstanding that are used in calculating basic and diluted earnings per share (EPS). No definition available.
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