XML 45 R4.htm IDEA: XBRL DOCUMENT v2.4.0.8
CONSOLIDATED STATEMENT OF OPERATIONS (USD $)
3 Months Ended 6 Months Ended
Jun. 30, 2014
Jun. 30, 2014
Revenues    
Wholesale sales $ 17,758 $ 17,758
Cost of wholesale goods sold (17,323) (17,323)
Net wholesale sales 435 435
Tenant rental 28,765 57,530
Consulting fees, net 33,600 53,600
Net revenues 62,800 111,565
Operating expenses:    
General and administrative 43,055 97,531
Payroll and related expenses 131,443 236,578
Professional fees 118,538 201,054
Office expense 21,455 29,144
Depreciation 3,116 6,232
Total operating expenses 317,607 570,539
Operating loss from operations (254,807) (458,974)
Other expense    
Gain (loss) on derivative liability, net 223,876 (423,764)
Amortization of debt discount (113,040) (417,881)
Interest Expense (78,836) (128,110)
Total other (expense) income 32,000 (969,755)
Net loss $ (222,807) $ (1,428,729)
Net loss per share - basic and diluted $ (0.02) $ (0.11)
Weighted average number of common shares Outstanding - basic and fully diluted 13,439,159 13,548,968