Statements of Cash Flows (USD $) |
8 Months Ended |
|---|---|
Sep. 30, 2011 | |
| Cash flows from operating activities: | |
| Net (loss) | $ (365,312) |
| Fair value of stock options issued to Directors | 195,615 |
| Accrued expenses | 60,380 |
| Stock received for consulting fees | (25,000) |
| Due to related party | 66,824 |
| Deferred revenue | (50,000) |
| Net cash provided by operating activities: | (117,493) |
| Cash flows from financing activities: | |
| Proceeds from issuance of common stock | 300,070 |
| Net cash provided by financing activities | 300,070 |
| Net increase in cash and cash equivalents | 182,577 |
| Stock options issued as part of stock dividend | $ 1,165,563 |
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- Definition The increase (decrease) during the reporting period in cash and cash equivalents. While for technical reasons this element has no balance attribute, the default assumption is a debit balance consistent with its label. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Cash provided by or used in the operating activities of the entity's discontinued operations during the period. The reporting entity may disclose the net cash flows from discontinued operations below the net cash flows from financing activities or include cash flows from discontinued operations, by category (operating, investing, or financing), in the body of the cash flow statement. This element is used to disclose cash flows from the operating activities of discontinued operations as a component of net cash flows from discontinued operations, which is reported below net cash flows from financing activities of continuing operations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Equity impact of stock dividends declared by an entity during the period for all classes of stock (common, preferred, etc.). This element includes paid and unpaid dividends declared during the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The increase (decrease) during the reporting period in the amounts payable to vendors for goods and services received and the amount of obligations and expenses incurred but not paid. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The increase (decrease) during the reporting period, excluding the portion taken into income, in the liability reflecting revenue yet to be earned for which cash or other forms of consideration was received or recorded as a receivable. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The increase (decrease) during the reporting period in the aggregate amount of obligations to be paid to the following types of related parties: a parent company and its subsidiaries; subsidiaries of a common parent; an entity and trust for the benefit of employees, such as pension and profit-sharing trusts that are managed by or under the trusteeship of the entities' management; an entity and its principal owners, management, or member of their immediate families; affiliates; or other parties with the ability to exert significant influence. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The net cash inflow or outflow from financing activity for the period. 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.
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- Definition Other income or gains included in net income that result in no cash inflows or outflows in the period and are not separately disclosed. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The cash inflow from the additional capital contribution to the entity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Value of stock (or other type of equity) granted during the period as a result of any equity-based compensation plan other than an employee stock ownership plan (ESOP), net of any shares forfeited. This element is not the recognition of equity-based compensation expense in pursuant to FAS 123R. That element is AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue (Adjustments to Additional Paid in Capital, Share-based Compensation, Requisite Service Period Recognition, Value). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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