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Consolidated Statements of Cash Flows (Unaudited) (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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| Cash Flows from Operating Activities | ||
| Net Income (Loss) | $ 1,179,937us-gaap_NetIncomeLoss | $ (1,341,508)us-gaap_NetIncomeLoss |
| Adjustments to reconcile net income (loss) to net cash used in operating activities | ||
| Net loss attributable to non-controlling interest | (7,350)us-gaap_NetIncomeLossAttributableToNoncontrollingInterest | (5,194)us-gaap_NetIncomeLossAttributableToNoncontrollingInterest |
| Depreciation and amortization | 107,601us-gaap_DepreciationAndAmortization | 15,000us-gaap_DepreciationAndAmortization |
| Loss on extinguishment of debt | 946,682us-gaap_GainsLossesOnExtinguishmentOfDebt | 2,850us-gaap_GainsLossesOnExtinguishmentOfDebt |
| Loss (Gain) on Foreign currency transaction | (19,992)us-gaap_ForeignCurrencyTransactionGainLossBeforeTax | (43)us-gaap_ForeignCurrencyTransactionGainLossBeforeTax |
| Amortization of debt discounts on convertible notes | 14,530us-gaap_AmortizationOfDebtDiscountPremium | 15,504us-gaap_AmortizationOfDebtDiscountPremium |
| Origination interest on convertible notes payable | 311,349us-gaap_InterestExpenseLongTermDebt | 215,802us-gaap_InterestExpenseLongTermDebt |
| Change in derivative liabilities | (2,821,725)us-gaap_GainLossOnDerivativeInstrumentsNetPretax | 818,778us-gaap_GainLossOnDerivativeInstrumentsNetPretax |
| Changes in operating assets and liabilities: | ||
| Accounts receivable | 23,912us-gaap_IncreaseDecreaseInAccountsReceivable | (18,975)us-gaap_IncreaseDecreaseInAccountsReceivable |
| Prepaid expenses and other current assets | 114,922us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets | 6,250us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets |
| Inventory | (3,661)us-gaap_IncreaseDecreaseInInventories | |
| Accounts payable and accrued expenses | 85,952us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities | 168,621us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities |
| Related party payables | (1,006)us-gaap_IncreaseDecreaseInDueToRelatedParties | 3,699us-gaap_IncreaseDecreaseInDueToRelatedParties |
| Net cash used in operating activities | (68,849)us-gaap_NetCashProvidedByUsedInOperatingActivities | (119,130)us-gaap_NetCashProvidedByUsedInOperatingActivities |
| Cash Flows from Investing Activities | ||
| Cash invested in note receivable | (53,079)us-gaap_PaymentsToAcquireNotesReceivable | |
| Purchase of equipment | ||
| Net cash used in investing activities | (53,079)us-gaap_NetCashProvidedByUsedInInvestingActivities | |
| Cash Flows from Financing Activities | ||
| Repayments on notes payable | (8,737)us-gaap_RepaymentsOfNotesPayable | (37,800)us-gaap_RepaymentsOfNotesPayable |
| Proceeds from notes payable | 70,000us-gaap_ProceedsFromNotesPayable | |
| Proceeds from convertible notes payable | 75,000us-gaap_ProceedsFromConvertibleDebt | 37,500us-gaap_ProceedsFromConvertibleDebt |
| Proceeds from sale of preferred stock | 100,000us-gaap_ProceedsFromIssuanceOfPreferredStockAndPreferenceStock | |
| Net cash provided by financing activities | 66,263us-gaap_NetCashProvidedByUsedInFinancingActivities | 169,700us-gaap_NetCashProvidedByUsedInFinancingActivities |
| Net increase in cash | (2,586)us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease | (2,509)us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease |
| Cash acquired in acquisition | 18,029us-gaap_CashAcquiredFromAcquisition | |
| Cash, beginning of period | 3,829us-gaap_CashAndCashEquivalentsAtCarryingValue | 3,877us-gaap_CashAndCashEquivalentsAtCarryingValue |
| Cash and Cash Equivalents, end of period | 19,272us-gaap_CashAndCashEquivalentsAtCarryingValue | 1,368us-gaap_CashAndCashEquivalentsAtCarryingValue |
| Cash Paid For: | ||
| Interest | ||
| Income taxes | ||
| Non-cash Financing and Investing Activities | ||
| Debt discounts on convertible notes payable | 150,000us-gaap_DebtIssuanceCostsIncurredDuringNoncashOrPartialNoncashTransaction | 37,500us-gaap_DebtIssuanceCostsIncurredDuringNoncashOrPartialNoncashTransaction |
| Common stock issued for debt | 1,351,749us-gaap_StockIssued1 | 137,069us-gaap_StockIssued1 |
| Common stock issued for prepaid services | 50,000btzo_CommonStockIssuedForPrepaidServices | |
| Common stock issued for debt issuance costs | 2,500btzo_CommonStockIssuedForDebtIssuanceCosts | |
| Common stock converted to preferred stock | 157,500btzo_CommonStockConvertedToPreferredStock | |
| Prepaid expense acquired in acquisition | 10,494btzo_NoncashOrPartNoncashAcquisitionPrepaidExpenseAcquired | |
| PPE acquired in acquisition | 25,000btzo_NoncashOrPartNoncashAcquisitionPPEAcquired | |
| Other receivable acquired in acquisition | 8,276btzo_NoncashOrPartNoncashOtherReceivableAcquired | |
| Account payable and accrued liabilities acquired in acquisition | (8,185)btzo_NoncashOrPartNoncashAcquisitionAccountPayableAndAccruedLiabilitiesAcquired | |
| Note payable acquired in acquisition | (14,302)btzo_NoncashOrPartNoncashAcquisitionNotePayableAcquired | |
| Intangibles acquired in acquisition | 260,689btzo_IntangiblesAcquiredInAcquisition | |
| Note Payable issued for acquisition | $ (300,000)btzo_NoncashOrPartNoncashAcquisitionIssuanceOfNotePayableAcquired | |
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- Definition
Common stock converted to preferred stock. No definition available.
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Common Stock Issued For Debt Issuance Costs. No definition available.
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Common Stock Issued For Prepaid Services. No definition available.
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Intangibles Acquired In Acquisition. No definition available.
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Noncash Or Part Noncash Acquisition Account Payable And Accrued Liabilities Acquired. No definition available.
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Noncash Or Part Noncash Acquisition Issuance Of Note Payable Acquired. No definition available.
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Noncash Or Part Noncash Acquisition Note Payable Acquired. No definition available.
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Noncash Or Part Noncash Acquisition PPE Acquired. No definition available.
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Noncash Or Part Noncash Acquisition Prepaid Expense Acquired. No definition available.
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Noncash Or Part Noncash Other Receivable Acquired. No definition available.
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- Definition
Amount of noncash expense included in interest expense to amortize debt discount and premium associated with the related debt instruments. Excludes amortization of financing costs. Alternate captions include noncash interest expense. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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The cash inflow associated with the acquisition of business during the period (for example, cash that was held by the acquired business). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Excludes cash and cash equivalents within disposal group and discontinued operation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of increase (decrease) in cash and cash equivalents. Cash and cash equivalents are the amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Includes effect from exchange rate changes. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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The amount of debt issuance costs that were incurred during a noncash or partial noncash transaction. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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The current period expense charged against earnings on long-lived, physical assets not used in production, and which are not intended for resale, to allocate or recognize the cost of such assets over their useful lives; or to record the reduction in book value of an intangible asset over the benefit period of such asset; or to reflect consumption during the period of an asset that is not used in production. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Amount before tax of foreign currency transaction realized and unrealized gain (loss) recognized in the income statement. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Aggregate net gain (loss) on all derivative instruments recognized in earnings during the period, before tax effects. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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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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The amount of cash paid during the current period to foreign, federal, state, and local authorities as taxes on income, net of any cash received during the current period as refunds for the overpayment of taxes. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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The increase (decrease) during the reporting period in the amounts payable to vendors for goods and services received and the amount of obligations and expenses incurred but not paid. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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The increase (decrease) during the reporting period in amount due within one year (or one business cycle) from customers for the credit sale of goods and services. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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The increase (decrease) during the reporting period in the aggregate amount of obligations to be paid to the following types of related parties: a parent company and its subsidiaries; subsidiaries of a common parent; an entity and trust for the benefit of employees, such as pension and profit-sharing trusts that are managed by or under the trusteeship of the entities' management; an entity and its principal owners, management, or member of their immediate families; affiliates; or other parties with the ability to exert significant influence. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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The increase (decrease) during the reporting period in the aggregate value of all inventory held by the reporting entity, associated with underlying transactions that are classified as operating activities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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The increase (decrease) during the reporting period in the value of prepaid expenses and other assets not separately disclosed in the statement of cash flows, for example, deferred expenses, intangible assets, or income taxes. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Aggregate amount of interest paid or due on all long-term debt. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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The amount of cash paid for interest during the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of cash inflow (outflow) from financing activities, including discontinued operations. Financing activity cash flows include obtaining resources from owners and providing them with a return on, and a return of, their investment; borrowing money and repaying amounts borrowed, or settling the obligation; and obtaining and paying for other resources obtained from creditors on long-term credit. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Amount of cash inflow (outflow) from investing activities, including discontinued operations. Investing activity cash flows include making and collecting loans and acquiring and disposing of debt or equity instruments and property, plant, and equipment and other productive assets. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Amount of cash inflow (outflow) from operating activities, including discontinued operations. Operating activity cash flows include transactions, adjustments, and changes in value not defined as investing or financing activities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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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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Amount of Net Income (Loss) attributable to noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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The cash outflow to acquire an agreement for an unconditional promise by the maker to pay the entity (holder) a definite sum of money at a future date. Such amount may include accrued interest receivable in accordance with the terms of the note. The note also may contain provisions including a discount or premium, payable on demand, secured, or unsecured, interest bearing or noninterest bearing, among myriad other features and characteristics. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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The cash outflow associated with the acquisition of long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale; includes cash outflows to pay for construction of self-constructed assets. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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The cash inflow from the issuance of a long-term debt instrument which can be exchanged for a specified amount of another security, typically the entity's common stock, at the option of the issuer or the holder. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Proceeds from issuance of capital stock which provides for a specific dividend that is paid to the shareholders before any dividends to common stockholders and which takes precedence over common stockholders in the event of liquidation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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The cash inflow from a borrowing supported by a written promise to pay an obligation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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The cash outflow for a borrowing supported by a written promise to pay an obligation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The fair value of stock issued in noncash financing activities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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