XML 11 R4.htm IDEA: XBRL DOCUMENT v3.5.0.2
Consolidated Statement of Operations (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2016
Jun. 30, 2015
Income Statement [Abstract]        
REVENUES $ 0 $ 0 $ 0 $ 0
COST AND EXPENSES        
Research and Development 208,285 68,081 485,702 93,287
General and Administrative 468,027 494,963 1,455,703 989,693
Consulting and Professional Fees 220,503 87,367 428,090 473,562
Rent 15,000 16,200 45,000 43,071
Total Costs and Expenses 911,815 666,611 2,414,495 1,599,614
OPERATING LOSS (911,815) (666,611) (2,414,495) (1,599,614)
OTHER INCOME & (EXPENSES)        
Interest Income 300 297 897 848
Interest Expense (16,586) (11,726) (42,223) (44,991)
Loss on Settlement of Debt through Equity Issuance below Fair Value (28,714) (140,000) (42,223) (44,991)
Loss on Settlement of Debt through Issuance of Common Shares of Regen biopharma, Inc. below fair value (1,473,490) (937,425) (3,001,625) (9,116,857)
Interest Expense attributable to amortization of discount (6,736) (73,387) (154,407) (77,419)
Preferred Shares of Regen Biopharma, Inc. issued pursuant to contractual obligations (321) (3,475)
Expense related to issuance of Convertible Debt to Star City (247,500)
Total Other Income & (Expense) (1,525,226) (1,162,562) (3,472,663) (10,465,924)
NET INCOME (LOSS) (2,437,040) (1,829,173) (5,887,157) (12,065,538)
Less: (Net Income)Loss attributable to noncontrolling interest Regen Biopharma, Inc. 2,050,663 1,274,739 4,544,575 8,486,861
NET INCOME (LOSS) available to common shareholders $ (386,377) $ (554,434) $ (1,342,583) $ (3,578,677)
BASIC AND FULLY DILUTED EARNINGS (LOSS) $ (0.0001) $ (0.0001) $ (0.0003) $ (0.0009)
Weighted average number of shares outstanding 5,572,801,694 4,160,041,891 5,127,490,145 3,817,242,852