2. Recapitalization

9 Months Ended

Sep. 30, 2015

Business Combinations [Abstract]

2. Recapitalization

Note 2 — Recapitalization

On July 2, 2014, we completed the Share Exchange Agreement with Energie. The impact to equity of the Share Exchange includes a) the issuance of 33,000,000 shares of Holdings’ common stock valued at $0.05 per share, the closing price of Holdings’ common stock on December 31, 2013, the date of the Share Exchange Agreement, for total consideration effectively transferred of $1,650,000; and b) removing Holdings’ accumulated deficit and adjusting equity for the recapitalization.

The accompanying condensed consolidated statements of operations include the results of the Share Exchange Agreement from the share exchange date of July 2, 2014. The pro forma effects of the acquisition on the results of operations as if the transaction had been completed on January 1, 2014, are as follows:

	Nine months ended September 30, 2014
Pro forma results:
Total net revenues	$	587,920
Net loss		(1,994,849	)
Net loss per common share:
Basic and diluted	$	(0.04	)

The assets and liabilities of Holdings on the effective date of the Share Exchange Agreement were as follows:

Accounts payable	$	363,676
Preferred stock	$	—
Common stock		194,604
Additional paid-in capital		91,046,859
Accumulated deficit		(91,605,139	)
Total stockholders’ deficit	$	(363,676	)