CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) (USD $)
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3 Months Ended | 12 Months Ended | ||
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Mar. 31, 2013
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Mar. 31, 2012
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Dec. 31, 2012
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Dec. 31, 2011
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Condensed Consolidated Statements Of Operations | ||||
Total Revenues | $ 66,121 | $ 211,891 | $ 552,579 | $ 817,724 |
Cost of Goods Sold | 68,005 | 196,926 | 451,713 | 690,953 |
Total | (1,884) | 14,965 | 100,866 | 126,771 |
Selling, general and administrative expenses | 745,533 | 187,748 | 1,072,866 | 2,364,465 |
Impairment of goodwill | 4,799,965 | |||
Loss from Operations | (747,417) | (172,783) | (5,771,965) | (2,237,694) |
Loss from derivatives issued with debt greater than debt carrying value | (718,000) | |||
Loss on sale of property and equipment | (1,322) | |||
Interest Expense | (82,953) | (15,967) | (62,203) | (32,801) |
Total Other Income (Expense) | (800,953) | (15,967) | (63,525) | (32,801) |
Loss before Provision for Income taxes | (1,548,370) | (188,750) | (5,835,490) | (2,270,495) |
Provision for Income Taxes | 878 | 879 | 2,117 | |
Net Loss applicable to common shareholders | $ (1,548,370) | $ (189,628) | $ (5,836,369) | $ (2,272,612) |
Net Loss per Common Share Basic and Diluted | $ (0.02) | $ 0.00 | $ (0.08) | $ (0.12) |
Weighted Average Number of Common Shares Outstanding - Basic And Diluted | 83,370,432 | 69,695,760 | 76,890,335 | 18,711,209 |
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- Definition
Custom Element. No definition available.
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Total costs related to goods produced and sold during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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The amount of net income (loss) for the period per each share of common stock or unit outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The gains (losses) included in results of operations resulting from the sale or disposal of property, plant and equipment, which do not qualify for treatment as discontinued operations. This item does not include any gain (loss) recognized on the sale of oil and gas property or timber property. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Total loss recognized during the period from the impairment of goodwill plus the loss recognized in the period resulting from the impairment of the carrying amount of intangible assets, other than goodwill. No definition available.
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- Definition
This element represents the income or loss from continuing operations attributable to the economic entity which may also be defined as revenue less expenses from ongoing operations, after income or loss from equity method investments, but before income taxes, extraordinary items, and noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The sum of the current income tax expense or benefit and the deferred income tax expense or benefit pertaining to continuing operations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The cost of borrowed funds accounted for as interest that was charged against earnings during the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The aggregate amount of income or expense from ancillary business-related activities (that is to say, excluding major activities considered part of the normal operations of the business). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The net result for the period of deducting operating expenses from operating revenues. No definition available.
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- Definition
Aggregate revenue recognized during the period (derived from goods sold, services rendered, insurance premiums, or other activities that constitute an entity's earning process). For financial services companies, also includes investment and interest income, and sales and trading gains. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Total revenue from sale of goods and services rendered during the reporting period, in the normal course of business, reduced by sales returns and allowances, and sales discounts. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The aggregate total costs related to selling a firm's product and services, as well as all other general and administrative expenses. Direct selling expenses (for example, credit, warranty, and advertising) are expenses that can be directly linked to the sale of specific products. Indirect selling expenses are expenses that cannot be directly linked to the sale of specific products, for example telephone expenses, Internet, and postal charges. General and administrative expenses include salaries of non-sales personnel, rent, utilities, communication, etc. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Number of [basic] shares or units, after adjustment for contingently issuable shares or units and other shares or units not deemed outstanding, determined by relating the portion of time within a reporting period that common shares or units have been outstanding to the total time in that period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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