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Statement of Operations (USD $)
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12 Months Ended | |
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Dec. 31, 2014
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Dec. 31, 2013
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| Operating expenses: | ||
| General and administrative expenses | $ 1,217,779us-gaap_GeneralAndAdministrativeExpense | $ 211,246us-gaap_GeneralAndAdministrativeExpense |
| Total operating expenses | 1,217,779us-gaap_OperatingExpenses | 211,246us-gaap_OperatingExpenses |
| Other ( Income ) Expense: | ||
| Interest expense | 745,577us-gaap_InterestExpenseDebt | 15,145us-gaap_InterestExpenseDebt |
| Derivative interest expense | 1,226,180us-gaap_InterestExpenseDebtExcludingAmortization | 91,346us-gaap_InterestExpenseDebtExcludingAmortization |
| Change in fair value of derivatives liabilities | (409,086)us-gaap_EmbeddedDerivativeGainLossOnEmbeddedDerivativeNet | (54,974)us-gaap_EmbeddedDerivativeGainLossOnEmbeddedDerivativeNet |
| Total other ( Income) expense | 1,562,671us-gaap_NonoperatingIncomeExpense | 51,517us-gaap_NonoperatingIncomeExpense |
| Net loss before taxes | (2,780,450)us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments | (262,763)us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments |
| Income taxes | 0us-gaap_IncomeTaxExpenseBenefit | 0us-gaap_IncomeTaxExpenseBenefit |
| Net Income (Loss) | $ (2,780,450)us-gaap_NetIncomeLoss | $ (262,763)us-gaap_NetIncomeLoss |
| Net Income ( Loss ) per common share : | ||
| Basic and Diluted | $ (0.61)us-gaap_EarningsPerShareBasicAndDiluted | $ (0.27)us-gaap_EarningsPerShareBasicAndDiluted |
| Weighted average number of common shares outstanding: | ||
| Basic and Diluted | 4,555,561us-gaap_WeightedAverageNumberOfShareOutstandingBasicAndDiluted | 991,333us-gaap_WeightedAverageNumberOfShareOutstandingBasicAndDiluted |
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- Details
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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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- Details
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- Definition
Net Increase or Decrease in the fair value of the embedded derivative or group of embedded derivatives included in earnings in the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The aggregate total of expenses of managing and administering the affairs of an entity, including affiliates of the reporting entity, which are not directly or indirectly associated with the manufacture, sale or creation of a product or product line. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Sum of operating profit and nonoperating income or expense before Income or Loss from equity method investments, income taxes, extraordinary items, and noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of the cost of borrowed funds accounted for as interest expense for debt. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Represents the portion of interest incurred in the period on debt arrangements that was charged against earnings, excluding amortization of debt discount (premium) and financing costs. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
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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- 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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- 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
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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