Consolidated Statements Of Cash Flows (USD $) | 12 Months Ended | 0 Months Ended |
Sep. 18, 2014 | Sep. 30, 2013 | Sep. 30, 2014 |
Cash flows from operating activities | | | |
Net income (loss) from continuing operations | ($70) | ($226,352) | |
Cash flows from financing activities | | | |
Cash, beginning of period | 618 | | |
Cash, end of period | | 618 | 0 |
Post Bankruptcy | | | |
Cash flows from operating activities | | | |
Net income (loss) from continuing operations | | | -24,030 |
Adjustments to reconcile net loss to net cash used by operating activities: | | | |
Depreciation and amortization | | | 0 |
Changes in Asset and Liabilities | | | |
(Increase) decrease in accounts receivable | | | 0 |
(Increase) decrease in prepaid expenses | | | 0 |
(Increase) decrease in inventory | | | 795 |
Increase (decrease) in accounts payable | | | 18,030 |
Increase (decrease) in interest payable | | | 0 |
Net cash used in operating activities | | | -6,795 |
Cash flows from investing activities | | | |
Acquisition intangible assets | | | 64,594 |
Net cash provided(used) by investing activities | | | -64,594 |
Cash flows from financing activities | | | |
Fresh start adjustment | | | 30,389 |
Bankruptcy liquidated assets | | | 0 |
Capital injection to bankruptcy trustee | | | 25,000 |
Proceeds from related party debt | | | 9,000 |
Proceeds from debt issuance | | | 7,000 |
Net cash provided(used) by financing activities | | | 71,389 |
Net increase(decrease) in cash | | | 0 |
Cash, beginning of period | | | 0 |
Cash, end of period | | | 0 |
Supplemental disclosure of cash flow information | | | |
Interest paid | | | 0 |
Income taxes paid | | | 0 |
Supplemental disclosure of non-cash activities | | | |
Fresh start adjustment | | | 0 |
Bankruptcy reorganization | | | 0 |
Pre Bankruptcy | | | |
Cash flows from operating activities | | | |
Net income (loss) from continuing operations | -70 | -226,352 | |
Adjustments to reconcile net loss to net cash used by operating activities: | | | |
Depreciation and amortization | 0 | 23,859 | |
Changes in Asset and Liabilities | | | |
(Increase) decrease in accounts receivable | -1,238 | 1,238 | |
(Increase) decrease in prepaid expenses | 0 | -34,950 | |
(Increase) decrease in inventory | 0 | 0 | |
Increase (decrease) in accounts payable | 0 | 81,920 | |
Increase (decrease) in interest payable | 0 | 49,093 | |
Net cash used in operating activities | 1,168 | -37,768 | |
Cash flows from investing activities | | | |
Acquisition intangible assets | 0 | 0 | |
Net cash provided(used) by investing activities | 0 | 0 | |
Cash flows from financing activities | | | |
Fresh start adjustment | 0 | 0 | |
Bankruptcy liquidated assets | 1,786 | 0 | |
Capital injection to bankruptcy trustee | 0 | 0 | |
Proceeds from related party debt | 0 | 0 | |
Proceeds from debt issuance | 0 | 25,000 | |
Net cash provided(used) by financing activities | -1,786 | 25,000 | |
Net increase(decrease) in cash | -618 | -12,768 | |
Cash, beginning of period | 618 | 13,386 | |
Cash, end of period | 0 | 618 | |
Supplemental disclosure of cash flow information | | | |
Interest paid | 0 | 0 | |
Income taxes paid | 0 | 0 | |
Supplemental disclosure of non-cash activities | | | |
Fresh start adjustment | 30,550,328 | 0 | |
Bankruptcy reorganization | $1,880,244 | $0 | |