XML 99 R5.htm IDEA: XBRL DOCUMENT v2.4.0.6
Condensed Consolidated Statement of Excess of Liabilities Over Assets (Deficit) and Stockholders' Deficit (USD $)
Excess Of Liabilities Over Assets (Deficit) [Member]
Common Stock [Member]
Due From Stockholders [Member]
Additional Paid-In Capital [Member]
Retained Earnings [Member]
Total
Balance at Dec. 31, 2011 $ (3,820,394) $ 0 $ 0 $ 0 $ 0 $ 0
Balance (in shares) at Dec. 31, 2011   0        
Effect of termination of the mandatory redemption feature of common stock 3,820,394 28,035 (5,600) (48,419) (3,683,175) (3,709,159)
Effect of termination of the mandatory redemption feature of common stock (in shares)   28,034,850        
Receipt of amounts due from stockholders 0 0 5,600 0 0 5,600
Acquisition of Globalwise Investments, Inc. 0 4,556 0 (4,556) 0 0
Acquisition of Globalwise Investments, Inc. (in shares)   4,556,000        
Convertible securities exercised   162   135,976   136,138
Convertible securities exercised (in shares)   162,063        
Beneficial conversion option       23,252   23,252
Stock-based compensation expense   250   174,750   175,000
Stock-based compensation expense (in shares)   250,000        
Stock issued for services   20   31,780   31,800
Stock issued for services (in shares)   20,000        
Net loss 0 0 0 0 (1,795,731) (1,795,731)
Balance at Sep. 30, 2012 $ 0 $ 33,023 $ 0 $ 312,783 $ (5,478,906) $ (5,133,100)
Balance (in shares) at Sep. 30, 2012   33,022,913