Annual report pursuant to Section 13 and 15(d)

Restated Financial Statements (Summary Of The Effect Of The Restatement-Restated Balance Sheets) (Details)

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Restated Financial Statements (Summary Of The Effect Of The Restatement-Restated Balance Sheets) (Details) (USD $)
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
Current Assets:      
Cash and cash equivalents $ 1,628,529 $ 382,946 $ 712,648
Accounts receivable 1,093 882  
Inventory 16,500 13,400  
Prepaid expense 17,477 17,725  
Security deposit 15,000 15,000 15,000
Trading securities 1,717,438 200,556  
Available-for-sale securities 9,089,608 1,925,160  
Deferred income taxes - current 758,000 601,000  
Total Current Assets 13,243,645 3,156,669  
Property and equipment, net 227,298 297,464  
Deferred income taxes - non-current 282,000 618,000  
TOTAL ASSETS 13,752,943 4,072,133  
Current Liabilities:      
Accounts payable and accrued liabilities 39,374 43,453  
Related party notes payable 1,882,648 2,521,026  
Total Current Liabilities 1,922,022 2,564,479  
Noncurrent related party notes payable 8,562,355 5,545,021  
Total Liabilities 10,484,377 8,109,500  
STOCKHOLDERS' EQUITY (DEFICIT)      
Preferred stock 2 2  
Common stock 13,663 13,663  
Additional paid-in capital 14,049,717 13,747,780  
Unrealized gain (loss) on available-for-sale securities (4,860,759) 3,523,340  
Retained deficit (15,655,575) (14,275,472)  
Total Stockholders' Equity (Deficit) 3,268,566 (4,037,367) (3,429,460)
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT) 13,752,943 4,072,133  
As Reported
     
Current Assets:      
Cash and cash equivalents 1,628,529 382,946  
Accounts receivable 1,093 882  
Inventory 16,500 13,400  
Prepaid expense 17,477 17,725  
Prepaid stock purchase        
Security deposit 15,000 15,000  
Trading securities 1,717,438 200,556  
Available-for-sale securities 9,089,608 292,320  
Deferred income taxes - current 758,000     
Total Current Assets 13,243,645 922,829  
Property and equipment, net 227,298 297,464  
Deferred income taxes - non-current 282,000     
TOTAL ASSETS 13,752,943 1,220,293  
Current Liabilities:      
Accounts payable and accrued liabilities 39,374 43,453  
Related party notes payable 1,882,648 2,521,026  
Total Current Liabilities 1,922,022 2,564,479  
Noncurrent related party notes payable 8,562,355     
Total Liabilities 10,484,377 2,564,479  
STOCKHOLDERS' EQUITY (DEFICIT)      
Preferred stock 2 2  
Common stock 13,663 13,663  
Additional paid-in capital 14,049,717 13,747,780  
Unrealized gain (loss) on available-for-sale securities 4,860,759 93,820  
Retained deficit (15,655,575) (15,199,451)  
Total Stockholders' Equity (Deficit) 3,268,566 (1,344,186)  
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT) 13,752,943 1,220,293  
Adjustment
     
Current Assets:      
Cash and cash equivalents        
Accounts receivable        
Inventory        
Prepaid expense        
Prepaid stock purchase 43,750 [1]     
Security deposit        
Trading securities        
Available-for-sale securities (6,189,518) [1] 350,000 [2]  
Deferred income taxes - current   601,000 [3]  
Total Current Assets (6,145,768) 951,000  
Property and equipment, net        
Deferred income taxes - non-current   618,000 [3]  
TOTAL ASSETS (6,145,768) 1,569,000  
Current Liabilities:      
Accounts payable and accrued liabilities        
Related party notes payable        
Total Current Liabilities        
Noncurrent related party notes payable    5,545,021 [4]  
Total Liabilities    5,545,021  
STOCKHOLDERS' EQUITY (DEFICIT)      
Preferred stock        
Common stock        
Additional paid-in capital        
Unrealized gain (loss) on available-for-sale securities (6,145,768) [1] (4,900,000) [5]  
Retained deficit    (923,979)  
Total Stockholders' Equity (Deficit) (6,145,768) (3,976,021)  
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT) (6,145,768) 1,569,000  
As Restated
     
Current Assets:      
Cash and cash equivalents 1,628,529 382,946  
Accounts receivable 1,093 882  
Inventory 16,500 13,400  
Prepaid expense 17,477 17,725  
Prepaid stock purchase 43,750     
Security deposit 15,000 15,000  
Trading securities 1,717,438 200,556  
Available-for-sale securities 2,900,090 642,320  
Deferred income taxes - current 758,000 601,000  
Total Current Assets 7,097,877 1,873,829  
Property and equipment, net 227,298 297,464  
Deferred income taxes - non-current 282,000 618,000  
TOTAL ASSETS 7,607,175 2,789,293  
Current Liabilities:      
Accounts payable and accrued liabilities 39,374 43,453  
Related party notes payable 1,882,648 2,521,026  
Total Current Liabilities 1,922,022 2,564,479  
Noncurrent related party notes payable 8,562,355 5,545,021  
Total Liabilities 10,484,377 8,109,500  
STOCKHOLDERS' EQUITY (DEFICIT)      
Preferred stock 2 2  
Common stock 13,663 13,663  
Additional paid-in capital 14,049,717 13,747,780  
Unrealized gain (loss) on available-for-sale securities (1,285,009) (4,806,180)  
Retained deficit (15,655,575) (14,275,472)  
Total Stockholders' Equity (Deficit) (2,877,202) (5,320,207)  
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT) $ 7,607,175 $ 2,789,293  
[1] Change is due to a material departure from GAAP due to the Company using the valuation date subsequent to period end to value its marketable securities
[2] The change of $1,632,840 is due to the mark to market of the new available for sale securities. Change of $(1,282,840) is due to a material departure from GAAP due to the Company using the valuation date subsequent to period end to value its marketable securities.
[3] The change is due to reversal of deferred tax allowance.
[4] 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%.
[5] The change of $(3,617,160) is due to the mark to market of the new available for sale securities. Change of $(1,282,840) is due to a material departure from GAAP due to the Company using the valuation date subsequent to period end to value its marketable securities.