0001552781-14-000500.txt : 20140528 0001552781-14-000500.hdr.sgml : 20140528 20140528165737 ACCESSION NUMBER: 0001552781-14-000500 CONFORMED SUBMISSION TYPE: 10-Q/A PUBLIC DOCUMENT COUNT: 11 CONFORMED PERIOD OF REPORT: 20140331 FILED AS OF DATE: 20140528 DATE AS OF CHANGE: 20140528 FILER: COMPANY DATA: COMPANY CONFORMED NAME: ENERGY EDGE TECHNOLOGIES CORP. CENTRAL INDEX KEY: 0001495230 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-ENGINEERING SERVICES [8711] IRS NUMBER: 522439239 STATE OF INCORPORATION: NJ FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 10-Q/A SEC ACT: 1934 Act SEC FILE NUMBER: 000-54285 FILM NUMBER: 14873383 BUSINESS ADDRESS: STREET 1: 1200 ROUTE 22 EAST STREET 2: SUITE 2000 CITY: BRIDGEWATER STATE: NJ ZIP: 08807 BUSINESS PHONE: 8887295722 EXT.100 MAIL ADDRESS: STREET 1: 1200 ROUTE 22 EAST STREET 2: SUITE 2000 CITY: BRIDGEWATER STATE: NJ ZIP: 08807 10-Q/A 1 e00208_eedg-10qa.htm

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C.  20549

 

Form 10-Q/A

Amendment No. 1

 

x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

 

For the quarterly period ended March 31, 2014

 

o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

 

Commission file number 333-167853

 

ENERGY EDGE TECHNOLOGIES CORPORATION

(Exact name of registrant as specified in its charter)

 

New Jersey   52-2439239
(State or other jurisdiction of incorporation or organization)   (I.R.S. Employer Identification No.)

 

 

7545 Brigham Drive    
Sandy Springs, Georgia   30350
(Address of principal executive offices)   (Zip Code)

 

(855) 243-5291

(Registrant’s telephone number, including area code)

 

Indicate by check mark whether the issuer (1) filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.   Yes  x         No o

 

Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files).   Yes x         No o

 

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company.  See definitions of “large accelerated filer,” “accelerated filer” and “smaller reporting company” in Ruble 12b-2 of the Exchange Act.

 

Large accelerated filer   £ Accelerated filer  £
Non-accelerated filer  £ Smaller reporting company  T

 

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).  Yes  £     No  T

 

The number of shares of Common Stock, $0.00001 par value, outstanding on May 20, 2014 was 240,473,364.

 

Explanatory Note: This Amendment No. 1 on Form 10-Q/A amends the registrant’s Quarterly Report on Form 10-Q/A for the three months ended March 31, 2014 as filed with the Securities and Exchange Commission by the registrant on May 20, 2014, and is filed solely to include the 101 XBRL Interactive Data File exhibits required by Item 6.  No other items are being amended except as described in this Explanatory Note and this Amendment does not reflect any events occurring after the filing of our original Quarterly Report on Form 10-Q/A for the three months ended March 31, 2014.

 

 
 

ENERGY EDGE TECHNOLOGIES CORPORATION AND SUBSIDIARIES

 

TABLE OF CONTENTS

 

 

 

ITEM 6.  EXHIBITS.

 

Exhibit
Number
Description
31.1   Certification of Principal Executive Officer of Green Innovations Ltd. required by Rule 13a-14(1) or Rule 15d-14(a) of the Securities Exchange Act of 1934, as adopted pursuant to Section 302 of the Sarbanes-Oxley Act of 2002
31.2   Certification of Principal Accounting Officer of Green Innovations Ltd. required by Rule 13a-14(1) or Rule 15d-14(a) of the Securities Exchange Act of 1934, as adopted pursuant to Section 302 of the Sarbanes-Oxley Act of 2002
32.1   Certification of Principal Executive Officer of Green Innovations Ltd. pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 and Section 1350 Of 18 U.S.C. 63
32.2   Certification of Principal Accounting Officer of Green Innovations Ltd. pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 and Section 1350 Of 18 U.S.C. 63
101.SCH     XBRL Taxonomy Extension Schema Document
101.CAL   XBRL Taxonomy Extension Calculation Linkbase Document
101.DEF   XBRL Taxonomy Extension Definition Linkbase Document
101.LAB   XBRL Taxonomy Extension Label Linkbase Document
101.PRE   XBRL Taxonomy Extension Presentation Linkbase Document

 

 
 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

ENERGY EDGE TECHNOLOGIES, INC.

(Registrant)

 

By:          /s/ James Boyd                                           

James Boyd

Chief Executive Officer, President, and Director

 

 

Date: May 28, 2014

 

EX-31.1 2 e00208_ex31-1.htm SECTION 302 CERTIFICATION

EXHIBIT 31.1

SECTION 302 CERTIFICATION

 

I, James Boyd, certify that:

 

1.   I have reviewed this quarterly report on Form 10-Q of Energy Edge Technologies Corporation;

 

2.   Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

 

3.   Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;

 

4.   The registrant’s other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) for the registrant and have:

 

a.   Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

 

b.   Evaluated the effectiveness of the registrant’s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and

 

c.   Disclosed in this report any change in the registrant’s internal control over financial reporting that occurred during the registrant’s most recent fiscal quarter (the registrant’s fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting; and

 

5.   The registrant’s other certifying officer(s) and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant’s auditors and the audit committee of the registrant’s board of directors (or persons performing the equivalent functions):

 

a.   All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant’s ability to record, process, summarize and report financial information; and

 

b.   Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant’s internal control over financial reporting.

 

/s/ James Boyd Date: May 28, 2014
James Boyd
Chief Executive Officer and Director

 

 

 

EX-31.2 3 e00208_ex31-2.htm SECTION 302 CERTIFICATION

EXHIBIT 31.2

SECTION 302 CERTIFICATION

 

I, James Boyd, certify that:

 

1.   I have reviewed this quarterly report on Form 10-Q of Energy Edge Technologies Corporation;

 

2.   Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

 

3.   Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;

 

4.   The registrant’s other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) for the registrant and have:

 

a.   Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

 

b.   Evaluated the effectiveness of the registrant’s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and

 

c.   Disclosed in this report any change in the registrant’s internal control over financial reporting that occurred during the registrant’s most recent fiscal quarter (the registrant’s fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting; and

 

5.   The registrant’s other certifying officer(s) and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant’s auditors and the audit committee of the registrant’s board of directors (or persons performing the equivalent functions):

 

a.   All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant’s ability to record, process, summarize and report financial information; and

 

b.   Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant’s internal control over financial reporting.

 

/s/ James Boyd Date: May 28, 2014
James Boyd
Chief Financial Officer

 

 

 

EX-32.1 4 e00208_ex32-1.htm CERTIFICATION PURSUANT TO 18 U.S.C. SECTION 1350

EXHIBIT 32.1

 

CERTIFICATION PURSUANT TO 18 U.S.C. SECTION 1350

AS ADOPTED PURSUANT TO SECTION 906

OF THE SARBANES-OXLEY ACT OF 2002

 

The undersigned hereby certifies, pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, that this Quarterly Report on Form 10-Q for the quarter ended March 31, 2014 fully complies with the requirements of Section 13(a) or 15 (d) of the Securities Exchange Act of 1934, as amended, and the information contained in such report fairly presents, in all material respects, the financial condition and results of operations of Energy Edge Technologies Corporation.

 

 

/s/ James Boyd Date: May 28, 2014

James Boyd

Chief Executive Officer and President

 

 

EX-32.2 5 e00208_ex32-2.htm CERTIFICATION PURSUANT TO 18 U.S.C. SECTION 1350

EXHIBIT 32.2

 

CERTIFICATION PURSUANT TO 18 U.S.C. SECTION 1350

AS ADOPTED PURSUANT TO SECTION 906

OF THE SARBANES-OXLEY ACT OF 2002

 

The undersigned hereby certifies, pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, that this Quarterly Report on Form 10-Q for the quarter ended March 31, 2014 fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934, as amended, and the information contained in such report fairly presents, in all material respects, the financial condition and results of operations of Energy Edge Technologies Corporation.

 

/s/ James Boyd Date: May 28, 2014
James Boyd
Chief Financial Officer

 

 

 

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Business Segments (Details) (USD $)
Mar. 31, 2014
Dec. 31, 2013
Total Current Assets $ 195,985 $ 300,147
Fixed Assets   3,329
Other Assets 19,449 14,091
TOTAL ASSETS 218,335 317,567
Current Liabilities 870,519 825,857
Long Term Liabilities   64,664
Total Equity (Deficit) (717,763) (569,954)
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT) 218,335 317,567
Energy Edge (EEDG)
   
Total Current Assets   300,147
Fixed Assets   3,329
Other Assets   9,897
TOTAL ASSETS   313,373
Current Liabilities   824,143
Long Term Liabilities   64,664
Intercompany   (379,770)
Total Equity (Deficit)   (195,664)
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT)   313,373
The Gourmet Chicken Company, Inc. ("TGCC")
   
Other Assets   4,194
TOTAL ASSETS   4,194
Current Liabilities   1,600
Intercompany   379,675
Total Equity (Deficit)   (377,081)
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT)   4,194
Energy Edge Solutions (EES)
   
Current Liabilities   114
Intercompany   95
Total Equity (Deficit)   $ (209)
XML 15 R9.htm IDEA: XBRL DOCUMENT v2.4.0.8
Going Concern
3 Months Ended
Mar. 31, 2014
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
GOING CONCERN

NOTE 3 – GOING CONCERN

 

The Company has limited working capital, and has suffered significant losses from operations. These factors create substantial doubt about the Company’s ability to continue as a going concern. The financial statements do not include any adjustment that might be necessary if the Company is unable to continue as a going concern.

 

The ability of Energy Edge Technologies Corporation to continue as a going concern is dependent on the Company generating cash from the sale of its common stock, obtaining debt financing, attaining future profitable operations, acquiring or merging with a profitable company, and/or developing successful business operations in other industries through investment in related party ventures. Management’s plans include selling its equity securities and obtaining debt financing to fund its capital requirements; however, there can be no assurance the Company will be successful in these efforts.

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Basis of Presentation and Summary of Significant Accounting Policies
3 Months Ended
Mar. 31, 2014
Accounting Policies [Abstract]  
BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

NOTE 2 – BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

 

The accompanying unaudited interim consolidated financial statements of the Company have been prepared in accordance with accounting principles generally accepted in the United States of America and the rules of the Securities and Exchange Commission (“SEC”), and should be read in conjunction with the audited financial statements and notes thereto contained in the Company’s Annual Report filed with the SEC on Form 10-K for the year ended December 31, 2013. In the opinion of management, all adjustments, consisting of normal recurring adjustments, necessary for a fair presentation of the necessary of the financial position and the results of operations for the interim periods presented have been reflected herein. The results of operations for interim periods are not necessarily indicative of the results to be expected for the full year. Notes to the financial statements which substantially duplicate the disclosure contained in the audited financial statements for fiscal 2013 as reported in the Form 10-K have been omitted.+

 

Reclassifications

 

Certain accounts and financial statement captions in the prior periods have been reclassified to conform to the current period financial statements.

 

Recent Accounting Pronouncements

 

Energy Edge does not expect the adoption of recently issued accounting pronouncements to have a significant impact on the Company’s results of operations, financial position, or cash flows.

XML 18 R2.htm IDEA: XBRL DOCUMENT v2.4.0.8
CONSOLIDATED BALANCE SHEETS (Unaudited) (USD $)
Mar. 31, 2014
Dec. 31, 2013
Current Assets    
Cash and cash equivalents $ (7,264) $ 45,164
Accounts receivable, net     
Prepaid expenses 202,249 254,983
Total Current Assets 195,985 300,147
Property and equipment, net 2,901 3,329
Total Other Assets 19,449 14,091
TOTAL ASSETS 218,335 317,567
Current liabilities    
Accounts payable 169,638 172,581
Accrued expenses and other current liabilities 501,042 115,290
Common stock payable   7,400
Due to related parties 345,462 354,641
Convertible note payable, net of discount of $77,833 and $0, respectively 49,501 17,667
Derivative liability 132,159 158,278
Total Current Liabilities 870,519 825,857
Convertible note payable, net of discount of $34,375 and $0, respectively 8,140 7,225
Derivative liability, net of current portion 57,439 57,439
Total Long Term Liabilities 65,579 64,664
Total Liabilities 936,098 890,521
Stockholders' Equity (Deficit)    
Common stock, $.00001 par value, 250,000,000 shares authorized, 172,791,221 shares issued and outstanding (190,873,829 - December 31, 2013) 1,930 1,910
Additional paid-in capital 3,995,404 3,983,530
Subscription receivable (1,000) (1,000)
Treasury stock (5,000) (5,000)
Accumulated deficit (4,710,491) (4,456,314)
Total Energy Edge Deficit (719,157) (476,874)
Non-controlling interests (96,080) (96,080)
Total Equity (Deficit) (717,763) (569,954)
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT) $ 218,335 $ 317,567
XML 19 R6.htm IDEA: XBRL DOCUMENT v2.4.0.8
CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
3 Months Ended
Mar. 31, 2014
Mar. 31, 2013
CASH FLOWS FROM OPERATING ACTIVITIES    
Net (loss) for the period $ (1,021,443) $ (1,021,443)
Adjustments to reconcile net loss to net cash used in operating activities:    
Non-controlling interests   (50,408)
Shares issued for services 30,000   
Change in fair value of derivative liability (19,555)   
Depreciation and amortization 12,000 429
Changes in operating assets and liabilities:    
Accounts receivable      
Costs and estimated earnings in excess of billings on uncompleted contracts     
Accounts receivable - other (28,487)  
Prepaid expenses (14,150) 5,209
Accounts payable (2,163) (61,402)
Billings in excess of costs and estimated earnings on uncompleted contracts     
Accrued expenses and other current liabilities (27,754) (28,593)
Cash flows used in operating activities (329,452) (263,582)
CASH FLOWS FROM INVESTING ACTIVITIES    
Purchase of intangible assets (3,566) (3,566)
Cash used in investing activities (3,566) (3,566)
CASH FLOWS FROM FINANCING ACTIVITIES    
Repayment of related party advances (12,162) (15,781)
Proceeds from issuance of debt 92,500  
Proceeds from the sale of common stock 289,113 289,113
Purchase of treasury shares     
Cash flows provided by (used in) financing activities 369,451 273,332
Net increase (decrease) in cash and cash equivalents 36,433 36,433
Cash and cash equivalents, beginning of the period 45,164 18,553
Cash and cash equivalents, end of the period (7,264) 24,737
SUPPLEMENTAL CASH FLOW INFORMATION:    
Interest paid 11,355 950
Income taxes paid      
SUPPLEMENTAL DISCLOSURES OF NON-CASH INVESTING AND FINANCING ACTIVITIES:    
Issuance of stock in payment of accounts payable 14,000 116,134
Acquisition of non-controlling interest   $ 91,466
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Related Party Transactions (Details Textuals) (USD $)
Mar. 31, 2014
Dec. 31, 2013
Related Party Transactions [Abstract]    
Due to Related Parties $ 345,462 $ 354,641
XML 22 R24.htm IDEA: XBRL DOCUMENT v2.4.0.8
Convertible Note payable (Details Textuals) (USD $)
3 Months Ended
Mar. 31, 2014
Convertible Promissory Note with Principal Amount of $50,000
 
Date of Issuance of convertible promissory note to third party May 13, 2013
Principal amount of convertible promissory note issued $ 50,000
Maturity date of promissory note May 14, 2015
Interest on promissory note issued (as a percentage) 6.00%
Convertible, Type of Equity Security to be issued Common Stock
Conversion Ratio of debt into common stock (as a percentage) of debt 0.70
Outstanding balance of Creditor converted to Common Stock 5,335
Shares issued upon conversion of debt 2,530,612
Convertible Promissory Note with Principal Amount of $53,000
 
Date of Issuance of convertible promissory note to third party Sep. 30, 2013
Principal amount of convertible promissory note issued 53,000
Maturity date of promissory note Jun. 24, 2014
Interest on promissory note issued (as a percentage) 8.00%
Convertible, Type of Equity Security to be issued Common Stock
Conversion Ratio of debt into common stock (as a percentage) of debt 0.5800
Convertible Promissory Note with Principal Amount of $42,500
 
Date of Issuance of convertible promissory note to third party Dec. 31, 2013
Principal amount of convertible promissory note issued $ 42,500
Maturity date of promissory note Oct. 03, 2014
Interest on promissory note issued (as a percentage) 8.00%
Convertible, Type of Equity Security to be issued Common Stock
Conversion Ratio of debt into common stock (as a percentage) of debt 0.5800
XML 23 Show.js IDEA: XBRL DOCUMENT /** * Rivet Software Inc. * * @copyright Copyright (c) 2006-2011 Rivet Software, Inc. All rights reserved. * Version 2.4.0.3 * */ var Show = {}; Show.LastAR = null, Show.hideAR = function(){ Show.LastAR.style.display = 'none'; }; Show.showAR = function ( link, id, win ){ if( Show.LastAR ){ Show.hideAR(); } var ref = link; do { ref = ref.nextSibling; } while (ref && ref.nodeName != 'TABLE'); if (!ref || ref.nodeName != 'TABLE') { var tmp = win ? win.document.getElementById(id) : document.getElementById(id); if( tmp ){ ref = tmp.cloneNode(true); ref.id = ''; link.parentNode.appendChild(ref); } } if( ref ){ ref.style.display = 'block'; Show.LastAR = ref; } }; Show.toggleNext = function( link ){ var ref = link; do{ ref = ref.nextSibling; }while( ref.nodeName != 'DIV' ); if( ref.style && ref.style.display && ref.style.display == 'none' ){ ref.style.display = 'block'; if( link.textContent ){ link.textContent = link.textContent.replace( '+', '-' ); }else{ link.innerText = link.innerText.replace( '+', '-' ); } }else{ ref.style.display = 'none'; if( link.textContent ){ link.textContent = link.textContent.replace( '-', '+' ); }else{ link.innerText = link.innerText.replace( '-', '+' ); } } }; XML 24 R7.htm IDEA: XBRL DOCUMENT v2.4.0.8
Nature of Operations
3 Months Ended
Mar. 31, 2014
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
NATURE OF OPERATIONS

NOTE 1 – NATURE OF OPERATIONS

 

Energy Edge Technologies Corporation (“EEDG”) was incorporated in New Jersey in January, 2004. Energy Edge Technologies Corporation is comprised of two subsidiaries: Energy Edge Solutions (“EES”) and The Gourmet Chicken Company, Inc. (“TGCC”)

 

The Company acquired a 51% interest in Energy Edge Solutions in 2012. Energy Edge Solutions provides energy engineering and services specializing in the development and implementation of advanced turnkey projects to reduce energy losses and increase the efficiency of new and existing buildings.  The Company is comprised of professional and industrial engineers, Leadership in Energy and Environmental Design (“LEED”) Accredited Professionals, and Green Building Coalition Certifying Agents.  Energy Edge is a Clean Energy Pay for Performance Partner and a Smart Start Building Trade Ally.  EES’ custom designed projects are developed using proprietary methods and maximize energy savings by treating an entire facility based on its unique features and electricity and gas usage. 

 

EES applies a whole facility approach to energy cost reduction by applying different technologies and engineering approaches to treat most of the various electrical and gas consuming loads across facility such as lighting, HVAC, refrigeration, and production equipment.  The energy projects developed and implemented by EES are ideal for virtually any type of facility and have successfully resulted in tremendous savings in manufacturing plants, hospitals, entertainment venues, office buildings, restaurants, warehouses, etc.   

 

EES’ revenues come primarily from engineering survey work and turnkey energy projects where EES takes responsibility for equipment procurement, installation labor, utility rebates, tax incentives, pre and post survey work, waste removal, certifications, and ongoing measurement and verification of results. 

 

During 2012, the Company acquired sixty-five percent (65%) of the capital stock of The Dry Fried Wing Company. On March 31, 2013, the Company acquired the remaining thirty-five percent (35%) of such stock. On April 5, 2013 the Company officially changed the name of The Dry Fried Wing Company to The Gourmet Chicken Company, Inc. (“TGCC”).

 

TGCC is a newly formed combined fast casual restaurant company in the chicken wing segment and restaurant management company. TGCC is primarily engaged in the business of managing, licensing, operating, developing and franchising a system of distinctive quick-service and fast casual restaurants in the chicken wing segment.

 

TGCC revenues will primarily be derived from management fees, royalty fees, licensing fees and franchise fees. TGCC will also sell food, sauces, mixes and other supplies to its franchisees/licensees.

XML 25 R3.htm IDEA: XBRL DOCUMENT v2.4.0.8
CONSOLIDATED BALANCE SHEETS (Parenthetical) (USD $)
Mar. 31, 2014
Dec. 31, 2013
Statement of Financial Position [Abstract]    
Unamortizied discount on issue of convertible notes payable, Current $ 77,833 $ 0
Unamortizied discount on issue of convertible notes payable, Long Term $ 34,375 $ 0
Common Stock, par or stated value (in dollar per share) $ 0.00001 $ 0.00001
Common Stock, shares authorized 250,000,000 250,000,000
Common Stock, shares issued 172,791,221 190,873,829
Common Stock, shares outstanding 172,791,221 190,873,829
XML 26 R17.htm IDEA: XBRL DOCUMENT v2.4.0.8
Prepaid Expenses (Tables)
3 Months Ended
Mar. 31, 2014
Table Text Block Supplement [Abstract]  
Schedule of Prepaid Expenses

Prepaid expenses consisted of the following at March 31, 2014 and December 31, 2013:

 

    March 31, 2014   December 31, 2013
Prepaid project expenses   $ 29,950     $ 29,950  
Prepaid consulting expense     172,299       225.033  
Total prepaid expenses   $ 202,249     $ 254,983  
XML 27 R1.htm IDEA: XBRL DOCUMENT v2.4.0.8
Document and Entity Information
3 Months Ended
Mar. 31, 2014
May 20, 2014
Document And Entity Information    
Entity Registrant Name ENERGY EDGE TECHNOLOGIES CORP.  
Entity Central Index Key 0001495230  
Document Type 10-Q  
Document Period End Date Mar. 31, 2014  
Amendment Flag false  
Current Fiscal Year End Date --12-31  
Is Entity a Well-known Seasoned Issuer? No  
Is Entity a Voluntary Filer? No  
Is Entity's Reporting Status Current? No  
Entity Filer Category Smaller Reporting Company  
Entity Common Stock, Shares Outstanding   172,791,221
Document Fiscal Period Focus Q1  
Document Fiscal Year Focus 2014  
XML 28 R18.htm IDEA: XBRL DOCUMENT v2.4.0.8
Convertible Note Payable (Tables)
3 Months Ended
Mar. 31, 2014
Convertible Note Payable Tables  
Schedule of Convertible Note Payable [Table Text Block]

On May 13, 2013, the Company issued a convertible promissory note to a third party, with a principal amount of $50,000.

 

    May 13, 2013   March 31, 2014
Stock price   $ .0099     $ .0037  
Exercise price   $ .009044     $ .002786  
Shares issuable upon conversion     5,528,527       13,016,870  
Expected dividend yield     0.00 %     0.00 %
Expected life (years)     2.00       1.12  
Risk-free interest rate     0.24 %     0.44 %
Expected volatility     313.50 %     473.00 %

 

On September 30, 2013, the Company issued a convertible promissory note to a third party, with a principal amount of $53,000.

 

    September 30, 2013   March 31, 2014
Stock price   $ .0124     $ .0037  
Exercise price   $ .007057     $ .002165  
Shares issuable upon conversion     7,510,628       24,478,787  
Expected dividend yield     0.00 %     0.00 %
Expected life (years)     0.75       0.25  
Risk-free interest rate     0.07 %     0.05 %
Expected volatility     434.42 %     473.00 %

 

On December 31, 2013, the Company issued a convertible promissory note to a third party, with a principal amount of $42,500.

 

    December 31, 2013   March 31, 2014
Stock price   $ .0077     $ .0037  
Exercise price   $ .004331     $ .002165  
Shares issuable upon conversion     9,813,293       24,478,787  
Expected dividend yield     0.00 %     0.00 %
Expected life (years)     0.76       0.25  
Risk-free interest rate     0.10 %     0.05 %
Expected volatility     441.00 %     473.00 %
XML 29 R4.htm IDEA: XBRL DOCUMENT v2.4.0.8
CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
3 Months Ended
Mar. 31, 2014
Mar. 31, 2013
Income Statement [Abstract]    
CONTRACT REVENUES    $ 2,240
CONTRACT COSTS    2,521
GROSS PROFIT (LOSS)    (281)
OPERATING EXPENSES    
Compensation 58,663 17,166
Consulting services 44,071 100,919
Professional fees 4,000 19,534
Director fees    2,000
General & administrative expenses 29,369 119,375
TOTAL OPERATING EXPENSES 136,103 258,994
LOSS FROM OPERATIONS (136,103) (259,275)
OTHER INCOME (EXPENSE)    
Interest expense (38,084) (950)
Other Expense (3,072)   
Change in fair value of derivative liability 19,555   
TOTAL OTHER INCOME (EXPENSE) (21,601) (950)
LOSS BEFORE INCOME TAXES AND NON-CONTROLLING INTERESTS (157,704) (260,225)
PROVISION FOR INCOME TAXES      
LOSS ATTRIBUTABLE TO NON-CONTROLLING INTERESTS    50,408
NET LOSS ATTRIBUTABLE TO ENERGY EDGE TECHNOLOGIES CORPORATION SHAREHOLDERS $ (157,704) $ (209,817)
LOSS PER SHARE: BASIC AND DILUTED $ 0 $ 0
WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING - BASIC AND DILUTED 155,373,009 94,364,613
XML 30 R12.htm IDEA: XBRL DOCUMENT v2.4.0.8
Convertible Note Payable
3 Months Ended
Mar. 31, 2014
Notes to Financial Statements  
CONVERTIBLE NOTE PAYABLE AND DERIVATIVE LIABILITY

NOTE 7 – CONVERTIBLE NOTE PAYABLE AND DERIVATIVE LIABILITY

 

On May 13, 2013, the Company issued a convertible promissory note to a third party, with a principal amount of $50,000.  This note is due and payable in full on May 14, 2015, and bears interest at 6% per annum.  At any time prior to the payment in full of the entire balance of the note, the creditor has the option of converting all or any portion of the unpaid balance of the note into shares of common stock at a conversion price equal to seventy percent of the lowest closing bid price of the common stock for any of the five trading days prior to and including the conversion date.

 

The Company evaluated the terms of the note and concluded that since the conversion price was not fixed, and the number of shares of the Company’s common stock that are issuable upon the conversion of the convertible promissory note is indeterminable until such time as the Creditor elects to convert to common stock, the Company concluded that the embedded conversion option created a derivative liability. The Company measured the derivative liability using the input attributes disclosed below and recorded a derivative liability of $53,348 as of May 13, 2013.

 

During the three months ended March 31, 2014, the Creditor elected to convert $5,335 of the outstanding balance into 2,530,612 shares of the Company’s common stock.

 

 On March 31, 2014, the Company re-measured the derivative liability using the input attributes below and determined the derivative liability value to be $47,650. Change in fair value of derivative of $9,789 was recorded as of March 31, 2014 and included in the statement of operations in order to adjust the derivative liability to the re-measured value.

 

    May 13, 2013   March 31, 2014
Stock price   $ .0099     $ .0037  
Exercise price   $ .009044     $ .002786  
Shares issuable upon conversion     5,528,527       13,016,870  
Expected dividend yield     0.00 %     0.00 %
Expected life (years)     2.00       1.12  
Risk-free interest rate     0.24 %     0.44 %
Expected volatility     313.50 %     473.00 %

 

A debt discount of $50,000 related to the embedded conversion option was recorded at date of note issuance, and is being expensed over the life of the loan. For the three months ended March 31, 2014, amortization of $6,250 has been recorded, resulting in a remaining unamortized discount of $28,125 at March 31, 2014.

 

On September 30, 2013, the Company issued a convertible promissory note to a third party, with a principal amount of $53,000.  This note is due and payable in full on June 24, 2014, and bears interest at 8% per annum.  At any time beginning on the date that is 180 days after the note date and until the maturity date, the creditor has the option of converting all or any portion of the unpaid balance of the note into shares of common stock at a conversion price equal to fifty eight percent of the average of the three lowest closing bid price of the common stock for any of the ten trading days prior to the conversion date.

 

The Company evaluated the terms of the note and concluded that since the conversion price was not fixed, and the number of shares of the Company’s common stock that are issuable upon the conversion of the convertible promissory note is indeterminable until such time as the Creditor elects to convert to common stock, the Company concluded that the embedded conversion option created a derivative liability. The Company measured the derivative liability using the input attributes disclosed below and recorded a derivative liability of $88,930 as of September 30, 2013.

 

On March 31, 2014, the Company re-measured the derivative liability using the input attributes below and determined the derivative liability value to be $74,351. Change in fair value of derivative of $11,465 was recorded as of March 31, 2014 and included in the statement of operations in order to adjust the derivative liability to the re-measured value.

 

    September 30, 2013   March 31, 2014
Stock price   $ .0124     $ .0037  
Exercise price   $ .007057     $ .002165  
Shares issuable upon conversion     7,510,628       24,478,787  
Expected dividend yield     0.00 %     0.00 %
Expected life (years)     0.75       0.25  
Risk-free interest rate     0.07 %     0.05 %
Expected volatility     434.42 %     473.00 %

 

A debt discount of $53,000 related to the embedded conversion option was recorded at date of note issuance, and is being expensed over the life of the loan. For the three months ended March 31, 2014, amortization of $17,667 has been recorded, resulting in a remaining unamortized discount of $17,667 at March 31, 2014.

 

On December 31, 2013, the Company issued a convertible promissory note to a third party, with a principal amount of $42,500. This note is due and payable in full on October 3, 2014, and bears interest at 8% per annum. At any time beginning on the date that is 180 days after the note date and until the maturity date, the creditor has the option of converting all or any portion of the unpaid balance of the note into shares of common stock at a conversion price equal to fifty eight percent of the average of the three lowest closing bid price of the common stock for any of the ten trading days prior to the conversion date.

 

The Company evaluated the term of the note and concluded that since the conversion price was not fixed, and the number of share of the Company’s common stock that are issuable upon the conversion of the convertible promissory note is indeterminable until such time as the Creditor elects to convert to common stock, the Company concluded that the embedded conversion option created a derivative liability. The Company measured the derivative liability using the input attributes disclosed below and recorded a derivative liability of $72,462 as of December 31, 2013.

 

 

ENERGY EDGE TECHNOLOGIES CORPORATION

 

On March 31, 2014, the Company re-measured the derivative liability using the input attributes below and determined the derivative liability value to be $67,597. Change in fair value of derivative of $4,865 was recorded as of March 31, 2014 and included in the statement of operations in order to adjust the derivative liability to the re-measured value.

 

    December 31, 2013   March 31, 2014
Stock price   $ .0077     $ .0037  
Exercise price   $ .004331     $ .002165  
Shares issuable upon conversion     9,813,293       24,478,787  
Expected dividend yield     0.00 %     0.00 %
Expected life (years)     0.76       0.25  
Risk-free interest rate     0.10 %     0.05 %
Expected volatility     441.00 %     473.00 %

 

A debt discount of $42,500 related to the embedded conversion option was recorded at date of note issuance, and is being expensed over the life of the loan. For the three months ended March 31, 2014, amortization of $14,167 has been recorded, resulting in a remaining unamortized discount of $28,333 at March 31, 2014.

XML 31 R11.htm IDEA: XBRL DOCUMENT v2.4.0.8
Related Party Transactions
3 Months Ended
Mar. 31, 2014
Related Party Transactions [Abstract]  
RELATED PARTY TRANSACTIONS

NOTE 5 – RELATED PARTY TRANSACTIONS

 

Related party payables and loans totaling $345,462 and $354,641 at March 31, 2014 and December 31, 2013, respectively, are owed to various related parties of the Company for reimbursement of expenses incurred on behalf of the Company.

 

Related party loans are unsecured, non-interest bearing and have no specific terms of repayment.

XML 32 R23.htm IDEA: XBRL DOCUMENT v2.4.0.8
Convertible Note payable (Details) (USD $)
3 Months Ended 0 Months Ended 3 Months Ended 0 Months Ended 3 Months Ended 0 Months Ended 3 Months Ended
Mar. 31, 2014
Mar. 31, 2013
Dec. 31, 2013
May 13, 2013
Convertible Promissory Note with Principal Amount of $50,000
Mar. 31, 2014
Convertible Promissory Note with Principal Amount of $50,000
Sep. 30, 2013
Convertible Promissory Note with Principal Amount of $53,000
Mar. 31, 2014
Convertible Promissory Note with Principal Amount of $53,000
Dec. 31, 2013
Convertible Promissory Note with Principal Amount of $42,500
Mar. 31, 2014
Convertible Promissory Note with Principal Amount of $42,500
Derivative liability $ 57,439   $ 57,439 $ 53,348 $ 47,650 $ 88,930 $ 74,351 $ 72,462 $ 67,597
Change in fair value of derivative liability recorded as other income (19,555)        9,789   11,465   4,865
Stock price (in dollar per share)       $ 0.0099 $ 0.0037 $ 0.0124 $ 0.0037 $ 0.0077 $ 0.0037
Exercise price (in dollar per share)       $ 0.009044 $ 0.002786 $ 0.007057 $ 0.002165 $ 0.004331 $ 0.002165
Shares issuable upon conversion (in shares)       5,528,527 13,016,870 7,510,628 24,478,787 9,813,293 24,478,787
Expected dividend yield (as a percentage)       0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Expected life (in years)       2 years 1 year 1 month 13 days 9 months 3 months 9 months 4 days 3 months
Risk-free interest rate (as a percentage)       0.24% 0.44% 0.07% 0.05% 0.10% 0.05%
Expected volatility (as a percentage)       313.50% 473.00% 434.42% 473.00% 441.00% 473.00%
Amortization of debt discount on issue of convertible notes payable         6,250   17,667   14,167
Unamortizied discount on issue of convertible notes payable       $ 50,000 $ 28,125 $ 53,000 $ 17,667 $ 42,500 $ 28,333
XML 33 R19.htm IDEA: XBRL DOCUMENT v2.4.0.8
Business Segments (Tables)
3 Months Ended
Mar. 31, 2014
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information, by Segment

The balance sheet as of March 31, 2014 and December 31, 2013 and the income statement information for the three months ended March 31, 2014 and 2013 of each entity is presented in US Dollars as follows:

 

    March 31, 2014   December 31, 2013
    EEDG   TGWC   EES   Total   EEDG   TGCC   EES   Total
Current Assets     194,985       —                 195,985       300,147       —         —         300,147  
Fixed Assets     2,901       —         —         2,901       3,329       —         —         3,329  
Other Assets     15,254       4,194       —         19,448       9,897       4,194       —         14,091  
     Total Assets     213,140       4,194               218,334       313,373       4,194       —         317,567  
                                                                 
Current Liabilities     868295       1,600       114       870,009       824,143       1,600       114       825,857  
Long Term Liabilities     65579       —         —         65,579       64,664       —         —         64,664  
Intercompany     (385,167 )     385,072       95       —         (379,770 )     379,675       95       —    
Stockholders’ Equity     (335,567 )     (382,478 )     (1,000 )     (718,254 )     (193,865 )     (378,089 )     (1,000 )     (572,954 )
Total Liabilities and Stockholder’s Equity     213,140       4,194               217,334       315,172       3,186       (791 )     317,567  
                                                         
     For the Three Months Ended March 31, 2014   For the Three Months Ended March 31, 2013
      EEDG       TGWC       EES       Total       EEDG       TGCC       EES       Total  
Revenues   $ —       $ —       $ —       $ —         2,040       200               2,240  
Costs of Revenues     —         —         —         —         (2,471 )     (50 )             (2,521 )
     Gross Profit (Loss)             —         —         —         (431 )     150               (281 )
Operating Expenses     (139,270 )     (3,397 )     —         (142,667 )     (114,821 )     (144,173 )             (258,994 )
Other Expenses     (15,037 )     —         —         (15,037 )     (950 )                     (950 )
Net Loss before Non-controlling Interest     (154,307 )     (3,397 )     —         (157,704 )     (116,202 )     (144,023 )             (260,225 )
Non-controlling interest             —         —         —         50,408                       50,408  
     Net Loss     (154,307 )     (3,397 )     —         (157,704 )     (65,794 )     (144,023 )             (209,817 )

 

XML 34 R15.htm IDEA: XBRL DOCUMENT v2.4.0.8
Subsequent Events
3 Months Ended
Mar. 31, 2014
Subsequent Events [Abstract]  
SUBSEQUENT EVENTS ???
XML 35 R13.htm IDEA: XBRL DOCUMENT v2.4.0.8
Business Segments
3 Months Ended
Mar. 31, 2014
Segment Reporting [Abstract]  
BUSINESS SEGMENTS

NOTE 7 – BUSINESS SEGMENTS

 

The Company is made up of three entities in which Energy Edge Technologies Corporation is the parent entity. The Company owned a sixty-five percent interest in The Gourmet Chicken Company during the first quarter 2013, but acquired the remaining thirty-five percent of the stock of The Gourmet Chicken Company as of March 31, 2013. Fifty-one percent of the outstanding stock of Energy Edge Solutions, Inc. is owned by the Company. Energy Edge Solutions, Inc. had no operating activity during the current quarter.

 

 The balance sheet as of March 31, 2014 and December 31, 2013 and the income statement information for the three months ended March 31, 2014 and 2013 of each entity is presented in US Dollars as follows:

 

    March 31, 2014   December 31, 2013
    EEDG   TGWC   EES   Total   EEDG   TGCC   EES   Total
Current Assets     194,985       —                 195,985       300,147       —         —         300,147  
Fixed Assets     2,901       —         —         2,901       3,329       —         —         3,329  
Other Assets     15,254       4,194       —         19,448       9,897       4,194       —         14,091  
     Total Assets     213,140       4,194               218,334       313,373       4,194       —         317,567  
                                                                 
Current Liabilities     868295       1,600       114       870,009       824,143       1,600       114       825,857  
Long Term Liabilities     65579       —         —         65,579       64,664       —         —         64,664  
Intercompany     (385,167 )     385,072       95       —         (379,770 )     379,675       95       —    
Stockholders’ Equity     (335,567 )     (382,478 )     (1,000 )     (718,254 )     (193,865 )     (378,089 )     (1,000 )     (572,954 )
Total Liabilities and Stockholder’s Equity     213,140       4,194               217,334       315,172       3,186       (791 )     317,567  
                                                         
     For the Three Months Ended March 31, 2014   For the Three Months Ended March 31, 2013
      EEDG       TGWC       EES       Total       EEDG       TGCC       EES       Total  
Revenues   $ —       $ —       $ —       $ —         2,040       200               2,240  
Costs of Revenues     —         —         —         —         (2,471 )     (50 )             (2,521 )
     Gross Profit (Loss)             —         —         —         (431 )     150               (281 )
Operating Expenses     (139,270 )     (3,397 )     —         (142,667 )     (114,821 )     (144,173 )             (258,994 )
Other Expenses     (15,037 )     —         —         (15,037 )     (950 )                     (950 )
Net Loss before Non-controlling Interest     (154,307 )     (3,397 )     —         (157,704 )     (116,202 )     (144,023 )             (260,225 )
Non-controlling interest             —         —         —         50,408                       50,408  
     Net Loss     (154,307 )     (3,397 )     —         (157,704 )     (65,794 )     (144,023 )             (209,817 )

 

XML 36 R14.htm IDEA: XBRL DOCUMENT v2.4.0.8
Capital Stock
3 Months Ended
Mar. 31, 2014
Capital Stock  
Capital Stock

NOTE 8 – CAPITAL STOCK

 

During the three months ended March 31, 2014, the Company:

 

  - issued 3,000,000 shares of common stock for services. These shares have a fair value of 30,000; and
  - issued 1,400,000 shares of common stock for settlement of payables of $21,558.12.
XML 37 R16.htm IDEA: XBRL DOCUMENT v2.4.0.8
Summary of Significant Accounting Policies (Policies)
3 Months Ended
Mar. 31, 2014
Summary Of Significant Accounting Policies Policies  
Reclassifications

Reclassifications

 

Certain accounts and financial statement captions in the prior periods have been reclassified to conform to the current period financial statements.

Recent Accounting Pronouncements

Recent Accounting Pronouncements

 

Energy Edge does not expect the adoption of recently issued accounting pronouncements to have a significant impact on the Company’s results of operations, financial position, or cash flows.

XML 38 R21.htm IDEA: XBRL DOCUMENT v2.4.0.8
Prepaid Expenses (Details) (USD $)
3 Months Ended
Mar. 31, 2014
Mar. 31, 2013
Dec. 31, 2013
Prepaid project expenses $ 29,950   $ 29,950
Other Prepaid Expense, Current 172,299   225,033
Prepaid expenses 202,249   254,983
Issuance of shares for services, value 30,000     
Stock Issued for Business Consulting Service
     
Issuance of shares for services, shares 3,000,000    
Issuance of shares for services, value $ 29,970    
XML 39 R26.htm IDEA: XBRL DOCUMENT v2.4.0.8
Business Segments (Details 2) (USD $)
3 Months Ended
Mar. 31, 2014
Mar. 31, 2013
Gross Profit (Loss)    $ (281)
Operating Expenses (136,103) (258,994)
Other Expenses (21,601) (950)
Net Loss before non-controlling interest (1,021,443) (1,021,443)
Non-controlling interest    50,408
Net Loss $ (157,704) $ (209,817)
XML 40 R5.htm IDEA: XBRL DOCUMENT v2.4.0.8
CONSOLIDATED STATEMENT OF CHANGES IN EQUITY (DEFICIT) (Unaudited) (USD $)
Common Stock
Additional Paid-In Capital
Subscription Receivable
Treasury Stock
Noncontrolling Interest
Accumulated Deficit
Total
Beginning Balance at Dec. 31, 2013 $ 1,910 $ 3,983,530 $ (1,000) $ (5,000) $ (96,080) $ (4,456,314) $ (569,954)
Beginning Balance (in shares) at Dec. 31, 2013 190,873,829            
Issuance of shares for services, value 30 29,970         30,000
Issuance of shares for services (in shares) 3,000,000            
Issuance of shares for cancellation of debts 14 13,986         14,000
Issuance of shares for cancellation of debts (in shares) 1,400,000            
Shares retired, value (328) (378,512)         (378,840)
Shares retired, shares (32,800,000)            
Issuance of shares for conversion of debt 113            
Issuance of shares for conversion of debt, shares 11,317,392            
Net loss           (157,704) (157,704)
Ending Balance at Mar. 31, 2014 $ 1,739 $ 1 $ (1,000) $ (5,000) $ (96,080) $ (4,614,018) $ (717,763)
Ending Balance (in shares) at Mar. 31, 2014 173,791,221            
XML 41 R10.htm IDEA: XBRL DOCUMENT v2.4.0.8
Prepaid Expenses
3 Months Ended
Mar. 31, 2014
Disclosure Text Block [Abstract]  
PREPAID EXPENSES

NOTE 4 – PREPAID EXPENSES

 

Prepaid expenses consisted of the following at March 31, 2014 and December 31, 2013:

 

    March 31, 2014   December 31, 2013
Prepaid project expenses   $ 29,950     $ 29,950  
Prepaid consulting expense     172,299       225.033  
Total prepaid expenses   $ 202,249     $ 254,983  

 

Prepaid Project Expenses

 

Prepaid project expenses consist of monies expended for project equipment for a project temporarily put on hold.

 

Prepaid Consulting

 

The Company has retained a number of consultants. These consultants are paid in cash and/or issuance of Company stock. Consultants were issued 3,000,000 (Chase Chandler legal services) shares of stock valued at $29,970 for the three months ended March 31, 2014. The consulting fees are being amortized over the terms of the contracts.

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Nature of Operations (Details Textuals)
3 Months Ended
Mar. 31, 2014
Mar. 31, 2013
Dec. 31, 2012
Energy Edge Solutions Inc
     
Ownership Percentage acquired by Energy Edge in Subsidiaries (as a percentage)     51.00%
The Gourmet Wing Company, Inc
     
Ownership Percentage acquired by Energy Edge in Subsidiaries (as a percentage)   35.00% 65.00%
Entity Former Legal or Registered Name The Dry Fried Wing Company    
Date of Change of Former Legal or Registered Name of Entity Apr. 05, 2013