Annual report pursuant to Section 13 and 15(d)

Restated Financial Statements (Summary Of The Effect Of The Restatement - Statemnts Of Operations) (Details)

v2.4.0.8
Restated Financial Statements (Summary Of The Effect Of The Restatement - Statemnts Of Operations) (Details) (USD $)
12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Revenues $ 1,306,864 $ 1,118,330
Cost of revenues 442,174 375,775
Gross Margin 864,690 742,555
Operating Expenses:    
Labor and related expenses 331,899 357,149
Rent 215,729 234,396
Depreciation 72,394 50,423
Other general and administrative 302,615 415,414
Total Operating Expenses 922,637 1,057,382
Net Operating Income (Loss) (57,947) (314,827)
Other Income (Expense):    
Interest income 584 1,410
Interest expense 535,674 430,299
Unrealized gain (loss) on trading securities (1,725,771) 97,977
Gain (Loss) on sale of marketable securities 1,117,705 (80,456)
Net Other Income (Expense) (1,143,156) (411,368)
Deferred Income tax (expense) benefit 179,000 (1,219,000)
Net Income (loss) before extraordinary items (1,380,103) 492,805
Gain on extinguishment of debt (net of income tax $0)    2,354,988
Net Income (1,380,103) 2,847,793
Other Comprehensive Income (Loss):    
Unrealized gain (loss) on available-for-sale securities 8,384,099 (3,636,000)
Comprehensive Income 7,003,996 (788,207)
Income Per Common Share:    
Income (loss) before extraordinaly item $ (0.01) $ 0.01
Extraordinary Item    $ 0.02
Weighted Average Common Shares:    
Basic 136,627,710 106,906,125
Diluted 139,853,516 121,612,007
As Reported
   
Revenues   1,118,330
Cost of revenues   375,775
Gross Margin   742,555
Operating Expenses:    
Labor and related expenses   357,149
Rent   234,396
Depreciation   50,423
Other general and administrative   415,414
Total Operating Expenses   1,057,382
Net Operating Income (Loss)   (314,827)
Other Income (Expense):    
Interest income   1,410
Interest expense   (135,278)
Unrealized gain (loss) on trading securities   97,977
Gain (Loss) on sale of marketable securities   (80,456)
Net Other Income (Expense)   (116,347)
Net loss before income taxes   (431,174)
Deferred Income tax (expense) benefit     
Net Income (loss) before extraordinary items   (431,174)
Gain on extinguishment of debt (net of income tax $0)   2,354,988
Net Income   1,923,814
Other Comprehensive Income (Loss):    
Unrealized gain (loss) on available-for-sale securities   (18,840)
Comprehensive Income   1,904,974
Income Per Common Share:    
Income (loss) before extraordinaly item   $ 0.02
Extraordinary Item   $ 0.02
Income (loss) per Common Share - Basic     
Income (loss) per common shaer - Diluted     
Weighted Average Common Shares:    
Basic   106,906,125
Diluted   121,612,007
Adjustment
   
Revenues     
Cost of revenues     
Gross Margin     
Operating Expenses:    
Labor and related expenses     
Rent     
Depreciation     
Other general and administrative     
Total Operating Expenses     
Net Operating Income (Loss)     
Other Income (Expense):    
Interest income     
Interest expense   (295,021) [1]
Unrealized gain (loss) on trading securities     
Gain (Loss) on sale of marketable securities     
Net Other Income (Expense)   (295,021)
Net loss before income taxes     
Deferred Income tax (expense) benefit   1,219,000 [2]
Net Income (loss) before extraordinary items   923,979
Gain on extinguishment of debt (net of income tax $0)     
Net Income   923,979
Other Comprehensive Income (Loss):    
Unrealized gain (loss) on available-for-sale securities   (3,617,160) [3]
Comprehensive Income   (2,693,181)
Income Per Common Share:    
Income (loss) before extraordinaly item   $ (0.01)
Extraordinary Item   $ (0.01)
Income (loss) per Common Share - Basic   $ 0.03
Income (loss) per common shaer - Diluted   $ (0.02)
Weighted Average Common Shares:    
Basic     
Diluted     
As Restated
   
Revenues   1,118,330
Cost of revenues   375,775
Gross Margin   742,555
Operating Expenses:    
Labor and related expenses   357,149
Rent   234,396
Depreciation   50,423
Other general and administrative   415,414
Total Operating Expenses   1,057,382
Net Operating Income (Loss)   (314,827)
Other Income (Expense):    
Interest income   1,410
Interest expense   (430,299)
Unrealized gain (loss) on trading securities   97,977
Gain (Loss) on sale of marketable securities   (80,456)
Net Other Income (Expense)   (411,368)
Net loss before income taxes   (726,195)
Deferred Income tax (expense) benefit   1,219,000
Net Income (loss) before extraordinary items   492,805
Gain on extinguishment of debt (net of income tax $0)   2,354,988
Net Income   2,847,793
Other Comprehensive Income (Loss):    
Unrealized gain (loss) on available-for-sale securities   (3,636,000)
Comprehensive Income   $ (788,207)
Income Per Common Share:    
Income (loss) before extraordinaly item   $ 0.01
Extraordinary Item   $ 0.02
Income (loss) per Common Share - Basic   $ 0.03
Income (loss) per common shaer - Diluted   $ 0.02
Weighted Average Common Shares:    
Basic   106,906,125
Diluted   121,612,007
[1] In 2012 the Company acquired 3,500,000 shares of Plandai, Inc. valued at the FMV of $1,575,000 and 3,500,000 shares of Inscor, Inc. valued at the FMV of $3,675,000 from Berkshire Capital Management. The shares were exchanged for two demand notes, carrying an interest rate of 6%.
[2] The change is due to reversal of deferred tax allowance.
[3] The change is due to the mark to market of the new available for sale securities.