Quarterly report pursuant to Section 13 or 15(d)

Restated Financial Statements For The Three Months Ended March 2013 (Details)

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Restated Financial Statements For The Three Months Ended March 2013 (Details) (USD $)
3 Months Ended 12 Months Ended
Mar. 31, 2014
Mar. 31, 2013
Dec. 31, 2013
Revenues $ 337,171 $ 277,328  
Cost of revenues 105,710 84,554  
Gross Margin 231,461 192,774  
Operating Expenses:      
Labor and related expenses 92,270 80,586  
Rent 52,431 56,188  
Depreciation 18,066 12,775  
Other general and administrative 192,611 95,042  
Total Operating Expenses 355,378 244,591  
Net Operating Income (Loss) (123,917) (51,817)  
Other Income (Expense):      
Interest income 1,238 143  
Interest expense 146,209 112,103  
Unrealized gain (loss) on trading securities 1,684,865 304,821  
Gain (loss) on sale of marketable securities 5,819,432 105,335  
Net Other Income (Expense) 7,359,326 298,196  
Net Income (Loss) 7,235,409 246,379  
Other Comprehensive Income (Loss):      
Unrealized gain (loss) on available-for-sale securities 7,507,930 (422,520) 3,521,171
Comprehensive Income 14,743,339 (176,141)  
Weighted Average Common Shares:      
Basic 136,627,710 136,627,710  
Diluted 140,008,373 146,061,672  
As Reported
     
Revenues 337,171 277,328  
Cost of revenues 105,710 84,554  
Gross Margin 231,461 192,774  
Operating Expenses:      
Labor and related expenses 92,270 80,586  
Rent 52,431 56,188  
Depreciation 18,066 12,775  
Other general and administrative 192,611 95,042  
Total Operating Expenses 355,378 244,591  
Net Operating Income (Loss) (123,917) (51,817)  
Other Income (Expense):      
Interest income 1,238 143  
Interest expense (146,209) 33,353  
Unrealized gain (loss) on trading securities 1,684,865 303,361  
Gain (loss) on sale of marketable securities 5,819,432 131,495  
Net Other Income (Expense) 7,359,326 401,646  
Net Income (Loss) 7,235,409 349,829  
Other Comprehensive Income (Loss):      
Unrealized gain (loss) on available-for-sale securities 1,701,712 119,370  
Comprehensive Income 8,937,121 469,199  
Income per Common Share: Basic $ 0.05 $ 0  
Income per Common Share: Diluted $ 0.05 $ 0  
Weighted Average Common Shares:      
Basic 136,627,710 136,627,710  
Diluted 146,061,672 146,061,672  
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    [1] 78,750 [2]  
Unrealized gain (loss) on trading securities    1,460 [3]  
Gain (loss) on sale of marketable securities    (26,160) [4]  
Net Other Income (Expense)    (103,450)  
Net Income (Loss)    (103,450)  
Other Comprehensive Income (Loss):      
Unrealized gain (loss) on available-for-sale securities 5,806,218 [3] (541,890) [3]  
Comprehensive Income 5,806,218 (645,340)  
Income per Common Share: Basic        
Income per Common Share: Diluted        
Weighted Average Common Shares:      
Basic        
Diluted        
As Restated
     
Revenues 337,171 277,328  
Cost of revenues 105,710 84,554  
Gross Margin 231,461 192,774  
Operating Expenses:      
Labor and related expenses 92,270 80,586  
Rent 52,431 56,188  
Depreciation 18,066 12,775  
Other general and administrative 192,611 95,042  
Total Operating Expenses 355,378 244,591  
Net Operating Income (Loss) (123,917) (51,817)  
Other Income (Expense):      
Interest income 1,238 143  
Interest expense (146,209) 112,103  
Unrealized gain (loss) on trading securities 1,684,865 304,821  
Gain (loss) on sale of marketable securities 5,819,432 105,335  
Net Other Income (Expense) 7,359,326 298,196  
Net Income (Loss) 7,235,409 246,379  
Other Comprehensive Income (Loss):      
Unrealized gain (loss) on available-for-sale securities 7,507,930 (422,520)  
Comprehensive Income $ 14,743,339 $ (176,141)  
Income per Common Share: Basic $ 0.05 $ 0  
Income per Common Share: Diluted $ 0.05 $ 0  
Weighted Average Common Shares:      
Basic 136,627,710 136,627,710  
Diluted 146,061,672 146,061,672  
[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. In 2013 the Company acquired 8,000,000 shares of Nuvilex, Inc. valued at the FMV of $1,420,000 from Berkshire Capital Management and 8,230,637 shares of Nuvilex, Inc. valued at the FMV of $1,185,218 from Joseph Fiore. The shares were exchanged for four separate demand notes, carrying an interest rate of 6%.
[2] 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%.
[3] The change is due to the mark to market of the new available for sale securities.
[4] Change is due to the consideration of the FMV of the marketable securities acquired in 2012