v2.4.0.6
Note 5 Related Party Transactions (Details) (USD $)
3 Months Ended
Jun. 30, 2012
Series 1 Preferred Stock Issued in Acquisition 20,000
Cumulative Annual Dividend as a Percentage of Net Sales $ 0.0500
Cumulative Annual Dividend as a Percentage of Net Sales After March 13, 2019 3.00%
Cap on Net Sales 100
Western Highlands Investment Group, LLC. Ownership of APS 60.00%
Related Party Ownership of APS 33.33%
Air Pure Systems, Inc. Ownership of APS 40.00%
Related Party Ownership of Air Pure Systems, Inc. 50.00%
Beneficial Ownership Interest Exchanged for Series D Shares 100.00%
Series D Shares Issued In Exchange for Viridis' Ownership Interest 75,000
Series D Shares Issued to CleanTech 795,845
Financing Repaid With Issuance of Series D Shares 875,000
Series D Shares Convertible to Capital Stock 7.48%
Royalty as a Percentage of Net Income Generated 3.00%
Issuance of Series F Shares 450,000
Series F Shares 450,000
Percentage of Total Issued and Outstanding Common Stock Represented by 450,000 Series F Shares 45.00%
Series F Shares Convertible to Capital Stock 45.00%
Maximum Rate of Share Price for Conversion 5.00%
Related Party Ownership Percentage 35.85%
Series F Shares Exchanged for License 339,840
Additional Series F Shares Purchased by ACR 10,160
Value of Additional Series F Shares Purchased by ACR $ 50,000
Conversion Rate of Series F Shares Issued to ACR 35.00%