Document_And_Entity_Informatio
Document And Entity Information | 9 Months Ended | |
Sep. 30, 2013 | Nov. 05, 2013 | |
Document Information [Line Items] | ' | ' |
Entity Registrant Name | '24HOLDINGS INC | ' |
Entity Central Index Key | '0001025315 | ' |
Current Fiscal Year End Date | '--12-31 | ' |
Entity Filer Category | 'Smaller Reporting Company | ' |
Trading Symbol | 'TWFH | ' |
Entity Common Stock, Shares Outstanding | ' | 2,071,644 |
Document Type | '10-Q | ' |
Amendment Flag | 'false | ' |
Document Period End Date | 30-Sep-13 | ' |
Document Fiscal Period Focus | 'Q3 | ' |
Document Fiscal Year Focus | '2013 | ' |
CONDENSED_BALANCE_SHEETS
CONDENSED BALANCE SHEETS (USD $) | Sep. 30, 2013 | Dec. 31, 2012 |
ASSETS | ' | ' |
Cash and cash equivalents | $55,166 | $7,863 |
Prepaid assets | 8,625 | 0 |
TOTAL CURRENT ASSETS | 63,791 | 7,863 |
TOTAL ASSETS | 63,791 | 7,863 |
LIABILITIES AND STOCKHOLDERS' EQUITY(DEFICIT) | ' | ' |
Accrued expenses | 3,897 | 33,303 |
TOTAL CURRENT LIABILITIES | 3,897 | 33,303 |
TOTAL LIABILITIES | 3,897 | 33,303 |
STOCKHOLDERS' EQUITY (DEFICIT): | ' | ' |
Preferred stock; $.001 par value, 5,000,000 shares authorized, none issued and outstanding | 0 | 0 |
Common stock, $.001 par value; 100,000,000 shares authorized, 2,071,644 and 1,244,902 shares issued and outstanding, respectively | 2,072 | 1,245 |
Additional Paid-in Capital | 10,993,481 | 10,833,384 |
Accumulated Deficit | -10,935,659 | -10,860,069 |
Total stockholders' equity (deficit) | 59,894 | -25,440 |
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT) | $63,791 | $7,863 |
CONDENSED_BALANCE_SHEETS_Paren
CONDENSED BALANCE SHEETS [Parenthetical] (USD $) | Sep. 30, 2013 | Dec. 31, 2012 |
Preferred stock, par value (in dollars per share) | $0.00 | $0.00 |
Preferred stock, shares authorized | 5,000,000 | 5,000,000 |
Preferred stock, shares issued | 0 | 0 |
Preferred stock, shares outstanding | 0 | 0 |
Common stock, par value (in dollars per share) | $0.00 | $0.00 |
Common stock, shares authorized | 100,000,000 | 100,000,000 |
Common stock, shares, issued | 2,071,644 | 1,244,902 |
Common stock, shares, outstanding | 2,071,644 | 1,244,902 |
CONDENSED_STATEMENTS_OF_OPERAT
CONDENSED STATEMENTS OF OPERATIONS (USD $) | 3 Months Ended | 9 Months Ended | ||
Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | |
Revenues | $0 | $0 | $0 | $0 |
Expenses | ' | ' | ' | ' |
General and administrative | 22,299 | 7,500 | 98,653 | 22,029 |
Total operating expenses | 22,299 | 7,500 | 98,653 | 22,029 |
Other income | ' | ' | ' | ' |
Debt settlement | 0 | 0 | 23,063 | 0 |
Total other income | 0 | 0 | 23,063 | 0 |
Income taxes | 0 | 0 | 0 | 0 |
Net loss | ($22,299) | ($7,500) | ($75,590) | ($22,029) |
Weighted average number of common shares outstanding (in shares) | 2,071,644 | 1,244,902 | 1,682,769 | 1,244,902 |
Net loss per share - basic and fully diluted (in dollars per share) | ($0.01) | ($0.01) | ($0.04) | ($0.02) |
CONDENSED_STATEMENTS_OF_CASH_F
CONDENSED STATEMENTS OF CASH FLOWS (USD $) | 9 Months Ended | |
Sep. 30, 2013 | Sep. 30, 2012 | |
CASH FLOWS FROM OPERATING ACTIVITIES | ' | ' |
Net loss | ($75,590) | ($22,029) |
Adjustments to reconcile net loss to net cash used in operating activities: | ' | ' |
Equity based settlement | 26,924 | 0 |
Debt forgiveness | 23,063 | 0 |
Changes in operating assets and liabilities | ' | ' |
Accrued expenses | -52,469 | 0 |
Prepaid assets | -8,625 | 981 |
NET CASH USED IN OPERATING ACTIVITIES | -86,697 | -21,048 |
CASH FLOWS FROM FINANCING ACTIVITIES | ' | ' |
Proceeds from issuance of common stock | 134,000 | 0 |
Contributed capital | 0 | 27,500 |
NET CASH PROVIDED BY FINANCING ACTIVITIES | 134,000 | 27,500 |
NET CHANGE IN CASH AND CASH EQUIVALENTS | 47,303 | 6,452 |
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD | 7,863 | 9,725 |
CASH AND CASH EQUIVALENTS AT END OF PERIOD | 55,166 | 16,177 |
SUPPLEMENTAL DISCLOSURE OF CASH FLOWS INFORMATION | ' | ' |
Interest paid | 0 | 0 |
Income taxes paid | $0 | $0 |
DESCRIPTION_OF_COMPANY
DESCRIPTION OF COMPANY: | 9 Months Ended |
Sep. 30, 2013 | |
Organization, Consolidation and Presentation of Financial Statements [Abstract] | ' |
Nature of Operations [Text Block] | ' |
NOTE 1 - DESCRIPTION OF COMPANY: | |
We are a Delaware corporation formerly known as Scoop, Inc. In April 2001, Scoop, Inc. amended its Certificate of Incorporation to change its name to 24Holdings Inc. (“we”, “our”, “us” or “24Holdings”). Prior to September 30, 2005, 24Holdings was a holding company that conducted its business operations through its wholly owned subsidiary 24STORE (Europe) Limited, a company incorporated under the laws of England formerly known as 24STORE.com Limited ("24STORE"). 24STORE commenced business operations in 1996 and focused on the sale of media products and business information services. Commencing in July 1998, we underwent voluntary reorganization under Chapter 11 of the United States Bankruptcy Code. In accordance with the Plan of Reorganization approved by the Bankruptcy Court in December 1999, InfiniCom, AB (now known as Avalon Innovation AB), a Swedish registered company (“Infinicom”), acquired 91% of our outstanding stock in exchange for 100% of the stock of 24STORE. Subsequent to Infinicom’s acquisition in 1999 and until September 30, 2005, the business operations of 24STORE, which represented all of our operations, were devoted to supplying business customers with computer and electronics products. | |
On October 23, 2006 (the “Effective Date”), we implemented a 1 for 125 reverse stock split (the “Reverse Split”) of our common stock par value $.001 per share (“Common Stock”). Pursuant to the Reverse Split, each 125 shares of Common Stock issued and outstanding as of the Effective Date was converted into one (1) share of Common Stock. The Reverse Split also reduced the number of shares of Common Stock into which each share of Series A Convertible Preferred Stock, par value $.001 per share (the “Preferred Stock”) could be converted from 100 shares to 0.8 shares. All per share data herein has been retroactively restated to reflect the Reverse Split. | |
The interim financial information as of September 30, 2013 and for the three and nine month periods ended September 30, 2013 and 2012 have been prepared without audit, pursuant to the rules and regulations of the United States Securities and Exchange Commission (the “SEC”). Certain information and footnote disclosures normally included in financial statements prepared in accordance with generally accepted accounting principles have been condensed or omitted pursuant to such rules and regulations, although we believe that the disclosures made are adequate to provide for fair presentation. These financial statements should be read in conjunction with the financial statements and the notes thereto, included in our Annual Report on Form 10-K for the year ended December 31, 2012, previously filed with the SEC. | |
In the opinion of management, all adjustments (which include normal recurring adjustments) necessary to present a fair statement of our financial position as of September 30, 2013, results of operations for the three and nine months ended September 30, 2013 and 2012, and cash flows for the nine months ended September 30, 2013 and 2012, have been made. The results of operations for the three and nine months ended September 30, 2013 are not necessarily indicative of the operating results that may be expected for the full fiscal year or any future periods. | |
CHANGE OF OWNERSHIP TRANSACTIONS | |
On May 26, 2005, we entered into a series of agreements with Infinicom in connection with our sale of all of the outstanding stock of 24STORE (the “24STORE Sale”) and separately, the assignment of all rights and title to certain trademarks and domain names (the “IP Assets”) that we held (the “IP Assignment”). Pursuant to the terms of the 24STORE Sale, Infinicom paid us $100,000 for our 24STORE shares and pursuant to the IP Assignment, we paid for the IP Assets through a set-off against all outstanding and contingent liabilities we owed to Infinicom determined as of the closing date of the 24STORE Sale, which amounted to $603,830. | |
On May 26, 2005, we also entered into a Preferred Stock Purchase Agreement with Infinicom (the “Preferred Stock Agreement”) pursuant to which we sold to Infinicom 344,595 shares of our Preferred Stock in exchange for the discharge of $230,879 of outstanding debt owed to Infinicom. Each share of the Preferred Stock was convertible into 0.8 shares of our Common Stock at the holder’s option. | |
On May 26, 2005, Infinicom, 24Holdings, Moyo Partners, LLC (“Moyo”) and R&R Biotech Partners, LLC (“R&R”, and together with Moyo, the “Purchasers”) entered into a Common Stock Purchase Agreement (the “Infinicom Sale Agreement”) pursuant to which, Infinicom agreed to sell to the Purchasers an aggregate of 873,369 shares of Common Stock (which included shares issuable upon conversion of the Preferred Stock) which represented approximately 83.6% of the then issued and outstanding shares of Common Stock (the “Infinicom Sale”). In return, the Purchasers (i) paid to Infinicom $500,000 in cash, and (ii) agreed that upon the occurrence of one of several post-closing events, including a merger with one or more as yet unidentified private unaffiliated operating companies, to cause 24Holdings to issue to Infinicom shares of Common Stock representing 1% of the then issued and outstanding shares of Common Stock on a fully diluted basis (the “Infinicom Additional Shares”). The consummation of the Infinicom Sale was contingent on the contemporaneous closing of the 24STORE Sale and the IP Assignment. | |
On September 30, 2005, 24Holdings and Infinicom completed the transactions contemplated in the 24STORE Sale, the IP Assignment and the Preferred Stock Agreement as described above. Infinicom forgave the $603,830 of debt 24Holdings owed to them in consideration of the IP Assignment. | |
Effective September 30, 2005, Infinicom completed the sale to the Purchasers, under the Infinicom Sale Agreement, of 597,693 shares of Common Stock (which represented 77.7% of the 769,226 shares of Common Stock then issued and outstanding) and 344,595 shares of Preferred Stock, constituting 83.6% in the aggregate of the then issued and outstanding Common Stock (assuming the conversion of the Preferred Stock into 275,676 shares of Common Stock). As a result, the Purchasers acquired control of 24Holdings from Infinicom, with R&R beneficially owning 698,696 shares of Common Stock (assuming the conversion by R&R of 275,676 shares of Preferred Stock into 220,541 shares of Common Stock) constituting 66.9% of the then issued and outstanding shares of Common Stock, and Moyo in the aggregate beneficially owning 174,674 shares of Common Stock (assuming the conversion by Moyo of 68,919 shares of Preferred Stock into 55,135 shares of Common Stock) constituting 16.7% of the then issued and outstanding shares of Common Stock. | |
Effective September 30, 2005 Urban von Euler resigned as our president and a director but remained our chief executive officer. Also, effective September 30, 2005, Larsake Sandin resigned as a director and each of Arnold P. Kling and Kirk M. Warshaw were appointed as directors of 24Holdings. On November 21, 2005, effective with the filing of our Form 10-Q for the quarter ended September 30, 2005, Mr. von Euler resigned as chief executive officer and Mr. Kling was appointed president and treasurer and Mr. Warshaw was appointed chief financial officer and secretary. As of that same date, 24Holdings relocated its headquarters to Chatham, New Jersey and then later to Summit, New Jersey. | |
On November 25, 2005, the Infinicom Sale Agreement was amended to provide, among other criteria, that the fair market value of the Infinicom Additional Shares would be no less than $400,000 nor more than $600,000 at the time such shares are required to be issued to Infinicom. | |
On February 1, 2006, a total of 250,000 shares of Preferred Stock were authorized for issuance to two individuals who provided services to us. On May 12, 2006, we issued 150,000 and 100,000 shares, respectively, of Preferred Stock to Arnold P. Kling and Kirk M. Warshaw for their services as our president and chief financial officer, respectively. Each share of Preferred Stock is immediately convertible, at the holder's option, into 0.8 shares of Common Stock. Mr. Kling's services were valued at $11,250 and Mr. Warshaw's services were valued at $7,500. | |
On November 29, 2006, the holders of all the issued and outstanding shares of Preferred Stock elected to convert all of their Preferred Stock into shares of Common Stock. As a result, the 594,595 shares of Preferred Stock outstanding were exchanged for 475,676 shares of Common Stock. | |
On May 9, 2013, the Company entered into an amendment to the Infinicom Sale Agreement (the “Amendment”) pursuant to which Infinicom’s rights to the Infinicom Additional Shares was converted into 138,322 shares of Common Stock. The Company recognized non-cash expense of $26,924 associated with this conversion. | |
On May 9, 2013, the Company raised total gross proceeds of $134,000 from the sale of an aggregate of 688,420 shares of Common Stock at a price of $0.1946488 per share. 344,210 of these shares were sold to Hudson Bay Master Fund Ltd. (“Hudson”) and the other 344,210 shares were sold to Iroquois Master Fund Ltd. (“Iroquois”). The sale to Hudson and Iroquois was exempt from the registration requirements of the Securities Act of 1933, as amended (the “Act”) pursuant to Sections 4(a)(2) and 4(a)(5) of the Act. | |
Prior to May 9, 2013, each of Hudson and Iroquois acquired 349,348 shares of Common Stock at a purchase price of $68,000, or $0.194648 per share, from the Chapter 7 Trustee of the Estates of Rodman & Renshaw, LLC (“Rodman”), Direct Markets, Inc., and Direct Markets Holdings, Corp. in Chapter 7 bankruptcy proceedings pending in the United States Bankruptcy Court for the Southern District of New York (Cases No. 13-10087, 13-10088 and 13-10089). These shares were all the shares of Common Stock beneficially owned by R&R, an affiliate of Rodman. | |
As of September 30, 2013, our authorized capital stock consists of 100,000,000 shares of Common Stock and 5,000,000 shares of Preferred Stock of which 2,071,644 shares of Common Stock, and no shares of Preferred Stock, were issued and outstanding. All shares of Common Stock currently outstanding are validly issued, fully paid and non-assessable. | |
THE COMPANY TODAY | |
Since September 30, 2005, our purpose has been to serve as a vehicle to acquire an operating business and is currently considered a "shell" or blank check company inasmuch as we are not generating revenues, do not own an operating business, and have no specific plan other than to engage in a merger or acquisition transaction with a yet-to-be identified company or business. We have no employees and no material assets. | |
BASIS_OF_PRESENTATION
BASIS OF PRESENTATION | 9 Months Ended |
Sep. 30, 2013 | |
Organization, Consolidation and Presentation of Financial Statements [Abstract] | ' |
Basis of Accounting [Text Block] | ' |
NOTE 2 – BASIS OF PRESENTATION | |
The condensed financial statements have been prepared by us, without audit, pursuant to the rules and regulations of the SEC. Certain information and footnote disclosures normally included in financial statements prepared in accordance with generally accepted accounting principles have been condensed or omitted pursuant to such rules and regulations. In the opinion of management, the accompanying condensed financial statements include all adjustments (consisting of normal, recurring adjustments) necessary to make our, results of operations and cash flows not misleading as of September 30, 2013. The results of operations for the three and nine months ended September 30, 2013 are not necessarily indicative of the results of operations for the full year or any other interim period. These financial statements should be read in conjunction with the financial statements and the notes thereto, included in our Annual Report on Form 10-K for the year ended December 31, 2012, previously filed with the SEC. | |
SUMMARY_OF_SIGNIFICANT_ACCOUNT
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES | 9 Months Ended |
Sep. 30, 2013 | |
Accounting Policies [Abstract] | ' |
Significant Accounting Policies [Text Block] | ' |
NOTE 3 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES | |
Use of Estimates - The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and reported amounts of revenue and expenses during the reporting period. Actual results could differ from those estimates. | |
Fair Value of Financial Instruments - Pursuant to the accounting guidance, "Disclosures About Fair Value of Financial Instruments," we are required to estimate the fair value of all financial instruments included on our balance sheet as of September 30, 2013. We consider the carrying value of accrued expenses in the financial statements to approximate their face value. | |
Statements of Cash Flows - For purposes of the statements of cash flows we consider all highly liquid investments purchased with a remaining maturity of three months or less to be cash equivalents. | |
STOCKHOLDERS_EQUITY
STOCKHOLDERS' EQUITY | 9 Months Ended |
Sep. 30, 2013 | |
Stockholders' Equity Note [Abstract] | ' |
Stockholders' Equity Note Disclosure [Text Block] | ' |
NOTE 4 – STOCKHOLDERS’ EQUITY | |
On February 1, 2006, a total of 250,000 shares of Preferred Stock were authorized for issuance to two individuals who provided services to us. On May 12, 2006, we filed a Certificate of Amendment to the Certificate of Designation for the Preferred Stock with the Secretary of State of the State of Delaware, increasing the number of shares designated as Preferred Stock from 500,000 to 600,000 shares. As a result of this filing, we issued 150,000 and 100,000 shares of the Preferred Stock to Arnold Kling and Kirk Warshaw for their services as our president and chief financial officer, respectively. Each share of Preferred Stock is convertible, at the holder's option, into 100 shares of Common Stock. Mr. Kling's services were valued at $11,250 and Mr. Warshaw's services were valued at $7,500. | |
On October 23, 2006, we effected a reverse stock split of our Common Stock. Pursuant to this reverse stock split, each 125 shares of Common Stock issued and outstanding as of the date following the reverse stock split was converted into one (1) share of Common Stock. This reverse stock split reduced the number of shares of Common Stock into which each share of Preferred Stock could be converted from 100 shares to .8 shares. All per share data has been retroactively restated to reflect this reverse stock split. | |
On November 29, 2006, the holders of all the issued and outstanding shares of Preferred Stock elected to convert all of their Preferred Stock into shares of Common Stock. As a result, the 594,595 shares of Preferred Stock outstanding were exchanged for 475,676 shares of Common Stock. | |
As of September 30, 2013, our authorized capital stock consists of 100,000,000 shares of Common Stock and 5,000,000 shares of Preferred Stock, of which 2,071,644 shares of Common Stock, and no shares of Preferred Stock, are issued and outstanding. All shares of Common Stock currently outstanding are validly issued, fully paid and non-assessable. | |
During 2012, a stockholder contributed an additional $27,500 to the Company. | |
On May 9, 2013, the Company entered into the Amendment pursuant to which Infinicom’s rights to the Infinicom Additional Shares was converted into 138,322 shares of Common Stock. The Company recognized non-cash expense of $26,924 associated with this conversion. | |
On May 9, 2013, the Company raised total gross proceeds of $134,000 from the sale of an aggregate of 688,420 shares of Common Stock at a price of $0.1946488 per share. Of these shares, 344,210 were sold to Hudson and the other 344,210 shares were sold to Iroquois. The sale to Hudson and Iroquois was exempt from the registration requirements of the Securities Act of 1933, as amended (the “Act”) pursuant to Sections 4(a)(2) and 4(a)(5) of the Act. | |
Prior to May 9, 2013, each of Hudson and Iroquois acquired 349,348 shares of Common Stock at a purchase price of $68,000, or $0.194648 per share, from the Chapter 7 Trustee of the Estates of Rodman, Direct Markets, Inc., and Direct Markets Holdings, Corp. in Chapter 7 bankruptcy proceedings pending in the United States Bankruptcy Court for the Southern District of New York (Cases No. 13-10087, 13-10088 and 13-10089). These shares were all the shares of Common Stock beneficially owned by R&R, an affiliate of Rodman. | |
OTHER_INCOME
OTHER INCOME | 9 Months Ended |
Sep. 30, 2013 | |
Other Income and Expenses [Abstract] | ' |
Other Income and Other Expense Disclosure [Text Block] | ' |
NOTE 5 – OTHER INCOME | |
In May 2013, the Company settled a trade payable resulting in a $23,063 gain on the settlement of such payable. | |
NEW_ACCOUNTING_PRONOUNCEMENTS
NEW ACCOUNTING PRONOUNCEMENTS | 9 Months Ended |
Sep. 30, 2013 | |
New Accounting Pronouncements and Changes In Accounting Principles [Abstract] | ' |
Description of New Accounting Pronouncements Not yet Adopted [Text Block] | ' |
NOTE 6 – NEW ACCOUNTING PRONOUNCEMENTS | |
Management does not believe that any new accounting pronouncements not yet effective will have a material impact on the Company’s financial statements once adopted. | |
COMMITMENTS_AND_CONTIGENCIES
COMMITMENTS AND CONTIGENCIES | 9 Months Ended |
Sep. 30, 2013 | |
Commitments and Contingencies Disclosure [Abstract] | ' |
Commitments and Contingencies Disclosure [Text Block] | ' |
NOTE 7 – COMMITMENTS AND CONTIGENCIES | |
On January 29, 2009, the Company entered into an agreement with Kirk M. Warshaw, LLC (the “LLC”) for the use and occupancy, and administrative services, related to its principal offices. The agreement provides for quarterly payments from the Company to the LLC of $500. The effective date of the agreement was January 1, 2009. | |
SUBSEQUENT_EVENTS
SUBSEQUENT EVENTS | 9 Months Ended |
Sep. 30, 2013 | |
Subsequent Events [Abstract] | ' |
Subsequent Events [Text Block] | ' |
NOTE 8 – SUBSEQUENT EVENTS | |
The Company has evaluated all subsequent events and has determined that there were no subsequent events to recognize or disclose in these financial statements: | |
SUMMARY_OF_SIGNIFICANT_ACCOUNT1
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies) | 9 Months Ended |
Sep. 30, 2013 | |
Accounting Policies [Abstract] | ' |
Use of Estimates, Policy [Policy Text Block] | ' |
Use of Estimates - The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and reported amounts of revenue and expenses during the reporting period. Actual results could differ from those estimates. | |
Fair Value of Financial Instruments, Policy [Policy Text Block] | ' |
Fair Value of Financial Instruments - Pursuant to the accounting guidance, "Disclosures About Fair Value of Financial Instruments," we are required to estimate the fair value of all financial instruments included on our balance sheet as of September 30, 2013. We consider the carrying value of accrued expenses in the financial statements to approximate their face value. | |
Condensed Cash Flow Statement [Policy Text Block] | ' |
Statements of Cash Flows - For purposes of the statements of cash flows we consider all highly liquid investments purchased with a remaining maturity of three months or less to be cash equivalents. | |
DESCRIPTION_OF_COMPANY_Details
DESCRIPTION OF COMPANY: (Details Textual) (USD $) | 1 Months Ended | 9 Months Ended | 12 Months Ended | 9 Months Ended | 1 Months Ended | 1 Months Ended | 1 Months Ended | 9 Months Ended | 1 Months Ended | 1 Months Ended | 1 Months Ended | ||||||||||||||||||||||
Oct. 31, 2006 | 31-May-06 | Feb. 28, 2006 | Sep. 30, 2013 | Sep. 30, 2012 | Dec. 31, 2012 | Sep. 30, 2013 | Sep. 30, 2013 | Sep. 30, 2013 | Sep. 30, 2013 | Sep. 30, 2013 | Oct. 31, 2006 | Nov. 29, 2006 | 31-May-06 | 31-May-06 | Feb. 01, 2006 | 12-May-06 | 12-May-06 | Sep. 30, 2005 | Sep. 30, 2005 | Sep. 30, 2005 | Sep. 30, 2013 | Nov. 30, 2005 | Nov. 30, 2005 | Sep. 30, 2005 | Sep. 30, 2005 | 31-May-05 | Sep. 30, 2005 | Oct. 23, 2006 | Oct. 31, 2006 | 31-May-05 | 26-May-05 | 31-May-05 | |
Infinicom Sale Agreement Amendment [Member] | Hudson [Member] | Hudson [Member] | Iroquois [Member] | Iroquois [Member] | Stockholders Equity, Total [Member] | Stockholders Equity, Total [Member] | Arnold P Kling [Member] | Kirk M Warshaw [Member] | Services Provider [Member] | Minimum [Member] | Maximum [Member] | Common Stock [Member] | Preferred Stock [Member] | Infinicom Sale Agreement [Member] | Infinicom Sale Agreement [Member] | Infinicom Sale Agreement [Member] | Infinicom Sale Agreement [Member] | Infinicom and R R [Member] | Infinicom [Member] | Infinicom [Member] | Moyo [Member] | Series A Convertible Preferred Stock [Member] | Series A Convertible Preferred Stock [Member] | Preferred Stock Agreement [Member] | Preferred Stock Agreement [Member] | Common Stock Purchase Agreement [Member] | |||||||
Chapter 7 Trustee Member [Member] | Chapter 7 Trustee Member [Member] | Stockholders Equity, Total [Member] | Stockholders Equity, Total [Member] | Stockholders Equity, Total [Member] | Stockholders Equity, Total [Member] | Infinicom Sale Agreement Amendment [Member] | Infinicom Sale Agreement Amendment [Member] | Minimum [Member] | Maximum [Member] | Infinicom Sale Agreement [Member] | Stockholders Equity, Total [Member] | ||||||||||||||||||||||
Business Acquisition, Description of Acquired Entity | ' | ' | ' | 'InfiniCom, AB (now known as Avalon Innovation AB), a Swedish registered company (Infinicom), acquired 91% of our outstanding stock in exchange for 100% of the stock of 24STORE. | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Stockholders' Equity Note, Stock Split | '1 for 125 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Common Stock Conversion Description | 'each 125 shares of Common Stock issued and outstanding as of the Effective Date was converted into one (1) share of Common Stock. | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 'each 125 shares of Common Stock issued and outstanding as of the date following the reverse stock split was converted into one (1) share of Common Stock. | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 'converted from 100 shares to 0.8 shares. | ' | ' | ' |
Preferred Stock, Par Or Stated Value Per Share (in dollars per share) | ' | ' | ' | $0.00 | ' | $0.00 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | $0.00 | ' | ' | ' | ' |
Preferred Stock Conversion Description | ' | 'Each share of Preferred Stock is convertible, at the holder's option, into 100 shares of Common Stock. | 'Each share of Preferred Stock is immediately convertible, at the holder's option, into 0.8 shares of Common Stock. | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 'Each share of the Preferred Stock was convertible into 0.8 shares of our Common Stock at the holders option. | ' | ' |
Proceeds from Related Party Debt | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | $603,830 | $100,000 | ' | ' | ' | ' | ' | ' |
Repayments of Related Party Debt | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 603,830 | ' | ' | ' | ' | ' | ' |
Stock Issued During Period, Value, Conversion of Convertible Securities | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 230,879 | ' | ' |
Common Stock Issued Outstanding Percentage | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 83.60% | ' |
Cash | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 500,000 | ' |
Common Stocks Issued Outstanding Diluted Percentage | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 1.00% | ' |
Common Stock Issued Outstanding Percentage One | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 77.70% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Common Stock Issued Outstanding Percentage Two | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 83.60% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Preferred stock, shares issued | ' | ' | ' | 0 | ' | 0 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 275,676 | ' | ' | ' | 275,676 | ' | ' | 68,919 | ' | ' | ' | ' | ' |
Preferred Stock Converted To Common Stock | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 220,541 | ' | ' | 55,135 | ' | ' | ' | ' | ' |
Common Stock Issued Outstanding Percentage Three | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 66.90% | ' | ' | ' | ' | ' | ' | ' | ' |
Common Stock Issued Outstanding Percentage Four | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 16.70% | ' | ' | ' | ' | ' |
Preferred stock, shares authorized | ' | ' | ' | 5,000,000 | ' | 5,000,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | 250,000 | 500,000 | 600,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Stock Issued During Period, Shares, Issued for Services | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 150,000 | 100,000 | ' | ' | ' | 769,226 | 344,595 | 597,693 | ' | 400,000 | 600,000 | 698,696 | ' | ' | 174,674 | ' | ' | ' | ' | ' |
Stock Issued During Period, Value, Issued for Services | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 11,250 | 7,500 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Preferred stock, shares outstanding | ' | ' | ' | 0 | ' | 0 | ' | ' | ' | ' | ' | ' | 594,595 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Common stock, shares authorized | ' | ' | ' | 100,000,000 | ' | 100,000,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Common stock, shares, issued | ' | ' | ' | 2,071,644 | ' | 1,244,902 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Common stock, shares, outstanding | ' | ' | ' | 2,071,644 | ' | 1,244,902 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Preferred Stock Exchanged With Common Stock | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 475,676 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Stock Issued During Period, Shares, Conversion of Units | ' | ' | ' | ' | ' | ' | 138,322 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 138,322 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Employee Benefits and Share-based Compensation, Total | ' | ' | ' | 26,924 | 0 | ' | 26,924 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 26,924 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Proceeds from Issuance of Common Stock | ' | ' | ' | 134,000 | 0 | 27,500 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Stock Issued During Period, Shares, New Issues | ' | ' | ' | 688,420 | ' | ' | ' | 344,210 | ' | 344,210 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 344,595 | ' | 873,369 |
Common Stock Sale Price | ' | ' | ' | ' | ' | ' | ' | 0.1946488 | ' | 0.1946488 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Common Stock Shares Acquired During Period | ' | ' | ' | ' | ' | ' | ' | ' | 349,348 | ' | 349,348 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Common Stock Shares Purchase Price | ' | ' | ' | ' | ' | ' | ' | ' | $68,000 | ' | $68,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Common Stock Shares Purchase Price Per Share | ' | ' | ' | ' | ' | ' | ' | ' | $0.19 | ' | $0.19 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
STOCKHOLDERS_EQUITY_Details_Te
STOCKHOLDERS' EQUITY (Details Textual) (USD $) | 1 Months Ended | 9 Months Ended | 12 Months Ended | 9 Months Ended | 1 Months Ended | 9 Months Ended | 1 Months Ended | 1 Months Ended | 1 Months Ended | ||||||||||||||||
Oct. 31, 2006 | 31-May-06 | Feb. 28, 2006 | Sep. 30, 2013 | Sep. 30, 2012 | Dec. 31, 2012 | Sep. 30, 2013 | Sep. 30, 2013 | Sep. 30, 2013 | Sep. 30, 2013 | Sep. 30, 2013 | Sep. 30, 2005 | Sep. 30, 2013 | Sep. 30, 2005 | Sep. 30, 2005 | Feb. 01, 2006 | Nov. 30, 2005 | Nov. 30, 2005 | Oct. 31, 2006 | Nov. 29, 2006 | Oct. 31, 2006 | 31-May-06 | 31-May-06 | 12-May-06 | 12-May-06 | |
Hudson [Member] | Hudson [Member] | Iroquois [Member] | Iroquois [Member] | Infinicom Sale Agreement Amendment [Member] | Infinicom Sale Agreement [Member] | Infinicom Sale Agreement [Member] | Common Stock [Member] | Preferred Stock [Member] | Services Provider [Member] | Minimum [Member] | Maximum [Member] | Stockholders Equity, Total [Member] | Stockholders Equity, Total [Member] | Stockholders Equity, Total [Member] | Stockholders Equity, Total [Member] | Stockholders Equity, Total [Member] | Stockholders Equity, Total [Member] | Stockholders Equity, Total [Member] | |||||||
Chapter 7 Trustee Member [Member] | Chapter 7 Trustee Member [Member] | Infinicom Sale Agreement Amendment [Member] | Infinicom Sale Agreement Amendment [Member] | Infinicom Sale Agreement [Member] | Infinicom Sale Agreement [Member] | Series A Convertible Preferred Stock [Member] | Arnold P Kling [Member] | Kirk M Warshaw [Member] | Minimum [Member] | Maximum [Member] | |||||||||||||||
Preferred stock, shares authorized | ' | ' | ' | 5,000,000 | ' | 5,000,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | 250,000 | ' | ' | ' | ' | ' | ' | ' | 500,000 | 600,000 |
Stock Issued During Period, Shares, Issued for Services | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 597,693 | ' | 769,226 | 344,595 | ' | 400,000 | 600,000 | ' | ' | ' | 150,000 | 100,000 | ' | ' |
Preferred Stock Conversion Description | ' | 'Each share of Preferred Stock is convertible, at the holder's option, into 100 shares of Common Stock. | 'Each share of Preferred Stock is immediately convertible, at the holder's option, into 0.8 shares of Common Stock. | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Stock Issued During Period, Value, Issued for Services | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | $11,250 | $7,500 | ' | ' |
Common Stock Conversion Description | 'each 125 shares of Common Stock issued and outstanding as of the Effective Date was converted into one (1) share of Common Stock. | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 'each 125 shares of Common Stock issued and outstanding as of the date following the reverse stock split was converted into one (1) share of Common Stock. | ' | 'converted from 100 shares to 0.8 shares. | ' | ' | ' | ' |
Preferred Stock, Shares Issued | ' | ' | ' | 0 | ' | 0 | ' | ' | ' | ' | ' | 275,676 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Preferred stock, shares outstanding | ' | ' | ' | 0 | ' | 0 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 594,595 | ' | ' | ' | ' | ' |
Preferred Stock Exchanged With Common Stock | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 475,676 | ' | ' | ' | ' | ' |
Common stock, shares, issued | ' | ' | ' | 2,071,644 | ' | 1,244,902 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Common stock, shares, outstanding | ' | ' | ' | 2,071,644 | ' | 1,244,902 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Common stock, shares authorized | ' | ' | ' | 100,000,000 | ' | 100,000,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Stock Issued During Period, Shares, Conversion of Units | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 138,322 | ' | 138,322 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Employee Benefits and Share-based Compensation, Total | ' | ' | ' | 26,924 | 0 | ' | ' | ' | ' | ' | 26,924 | ' | 26,924 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Proceeds from Issuance of Common Stock | ' | ' | ' | 134,000 | 0 | 27,500 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Stock Issued During Period, Shares, New Issues | ' | ' | ' | 688,420 | ' | ' | 344,210 | ' | 344,210 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Common Stock Sale Price | ' | ' | ' | ' | ' | ' | 0.1946488 | ' | 0.1946488 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Common Stock Shares Acquired During Period | ' | ' | ' | ' | ' | ' | ' | 349,348 | ' | 349,348 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Common Stock Shares Purchase Price | ' | ' | ' | ' | ' | ' | ' | $68,000 | ' | $68,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Common Stock Shares Purchase Price Per Share | ' | ' | ' | ' | ' | ' | ' | $0.19 | ' | $0.19 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
OTHER_INCOME_Details_Textual
OTHER INCOME (Details Textual) (USD $) | 3 Months Ended | 9 Months Ended | ||
Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | |
Gains (Losses) on Extinguishment of Debt, Total | $0 | $0 | $23,063 | $0 |
COMMITMENTS_AND_CONTIGENCIES_D
COMMITMENTS AND CONTIGENCIES (Details Textual) (Kirk M Warshaw [Member], USD $) | Jan. 29, 2009 |
Kirk M Warshaw [Member] | ' |
Amount Payable Quarterly Towards Rental And Administrative Services | $500 |