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 (loss) (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)   
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 1,306,864 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 535,674 135,278
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) (116,347)
Net loss before income taxes (1,201,103) (431,174)
Deferred Income tax (expense) benefit (179,000)   
Net Income (loss) before extraordinary items (1,380,103) (431,174)
Gain on extinguishment of debt (net of income tax $0)    2,354,988
Net Income (loss) (1,380,103) 1,923,814
Other Comprehensive Income (Loss):    
Unrealized gain (loss) on available-for-sale securities 8,384,099 (18,840)
Comprehensive Income 7,003,996 1,904,974
Income Per Common Share:    
Income (loss) before extraordinaly item     
Extraordinary Item   $ 0.02
Income (loss) per Common Share - Basic $ (0.01) $ 0.02
Income (loss) per common shaer - Diluted   $ 0.02
Weighted Average Common Shares:    
Basic 136,627,710 106,906,125
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 (loss)    923,979
Other Comprehensive Income (Loss):    
Unrealized gain (loss) on available-for-sale securities (4,859,928) [3] (4,900,000) [4]
Comprehensive Income (4,859,928) (3,976,021)
Income Per Common Share:    
Income (loss) before extraordinaly item   $ 0.01
Extraordinary Item     
Income (loss) per Common Share - Basic    $ 0.01
Income (loss) per common shaer - Diluted   $ 0.01
Weighted Average Common Shares:    
Basic      
Diluted     
As Restated
   
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)
Net loss before income taxes (1,201,103) (726,195)
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 (loss) (1,380,103) 2,847,793
Other Comprehensive Income (Loss):    
Unrealized gain (loss) on available-for-sale securities 3,524,171 (4,918,840)
Comprehensive Income $ 2,144,068 $ (2,071,047)
Income Per Common Share:    
Income (loss) before extraordinaly item     
Extraordinary Item   $ 0.02
Income (loss) per Common Share - Basic $ (0.01) $ 0.03
Income (loss) per common shaer - Diluted   $ 0.02
Weighted Average Common Shares:    
Basic 136,627,710 106,906,125
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] 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
[4] 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.