Lifestyle Medical Network (LMNK) 10-Q 14 Nov 13 2013 Q3 Quarterly report Financial data

Document_and_Entity_Informatio

Document and Entity Information	9 Months Ended
	Sep. 30, 2013	Nov. 08, 2013
Document and Entity Information [Abstract]	'	'
Entity Registrant Name	'LIFESTYLE MEDICAL NETWORK, INC.	'
Entity Central Index Key	'0001307140	'
Amendment Flag	'false	'
Current Fiscal Year End Date	'--12-31	'
Document Type	'10-Q	'
Document Period End Date	30-Sep-13	'
Document Fiscal Year Focus	'2013	'
Document Fiscal Period Focus	'Q3	'
Entity Filer Category	'Smaller Reporting Company	'
Entity Common Stock, Shares Outstanding	'	25,335,101

Consolidated_Balance_Sheets_Un

Consolidated Balance Sheets (Unaudited) (USD $)	Sep. 30, 2013	Dec. 31, 2012
CURRENT ASSETS:	'	'
Cash and cash equivalents	$8	$38
Loan receivable - net of allowance of $42,500	'	'
Prepaid expenses	2,013	2,466
Total Current Assets	2,021	2,504
Intangible assets - net	95,836	100,000
Other assets	6,000	6,000
TOTAL ASSETS	103,857	108,504
CURRENT LIABILITIES:	'	'
Short-term debt to related party	757,200	737,200
Short-term debt	51,833	'
Accounts payable and accrued expenses	126,728	44,013
Total Current Liabilities	935,761	781,213
Commitments and Contingencies	'	'
STOCKHOLDERS' EQUITY DEFICIENCY:	'	'
Common stock, $.001 par value, 200,000,000 shares authorized; 25,335,101 and 25,205,101 shares issued and 25,334,983 and 25,204,983 shares outstanding at September 30, 2013 and December 31, 2012, respectively	25,335	25,205
Additional paid-in-capital	7,063,780	6,934,025
Accumulated deficit during the development stage	-7,911,782	-7,622,702
Less: Cost of common stock in treasury, 118 and 118 shares at September 30, 2013 and December 31, 2012, respectively	-9,237	-9,237
Total Stockholders' Equity Deficiency	-831,904	-672,709
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY DEFICIENCY	$103,857	$108,504

Consolidated_Balance_Sheet_Una

Consolidated Balance Sheet (Unaudited) (Parenthetical) (USD $)	Sep. 30, 2013	Dec. 31, 2012
Balance Sheets	'	'
Allowances for bad debts	$42,500	$42,500
Common stock, par value	$0.00	$0.00
Common stock, shares authorized	200,000,000	200,000,000
Common stock, shares issued	25,335,101	25,205,101
Common stock, shares outstanding	25,334,983	25,204,983
Common stock in treasury, shares	118	118

Consolidated_Statements_of_Ope

Consolidated Statements of Operations (Unaudited) (USD $)	3 Months Ended		9 Months Ended		36 Months Ended
	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013
Statements of Operations	'	'	'	'	'
Revenues	'	'	'	'	'
Costs and expenses:	'	'	'	'	'
Selling, general and administrative expenses	95,830	249,828	283,455	774,224	1,708,224
Impairment loss	'	'	'	'	5,392,308
Total costs and expenses	95,830	249,828	283,455	774,224	7,100,532
Loss from operations	-95,830	-249,828	-283,455	-774,224	-7,100,532
Other income (expense):	'	'	'	'	'
Interest expense	-1,875	-1,875	-5,625	-50,400	-156,593
Loss on extinguishment of debt	'	'	'	'	-654,657
Total other income (expense)	-1,875	-1,875	-5,625	-50,400	-811,250
Loss from operations before provision for income taxes	-97,705	-251,703	-289,080	-824,624	-7,911,782
Provision for income taxes	'	'	'	'	'
Net loss	($97,705)	($251,703)	($289,080)	($824,624)	($7,911,782)
Loss per common share	'	($0.01)	($0.01)	($0.04)	'
Weighted average common shares outstanding - basic and diluted	25,280,753	25,205,101	25,236,420	22,567,948	'

Consolidated_Statement_of_Stoc

Consolidated Statement of Stockholders' Equity Deficiency (Unaudited) (USD $)	Total	Common Stock	Additional Paid In Capital	Accumulated Deficit During the Development Stage	Treasury Stock
Beginning Balance at Oct. 08, 2010	'	$5,000	($5,000)	'	'
Beginning Balance, Shares at Oct. 08, 2010	'	5,000,000	'	'	'
Net loss	'	'	'	'	'
Balance at Dec. 31, 2010	'	5,000	-5,000	'	'
Balance, Shares at Dec. 31, 2010	'	5,000,000	'	'	'
Effect of reverse acquisition	'	1,195	8,042	'	-9,237
Effect of reverse acquisition, Shares	'	1,195,101	'	'	'
Contribution of capital from shareholders	3,000,300	'	3,000,300	'	'
Net loss	-556,467	'	'	-556,467	'
Balance at Dec. 31, 2011	2,443,833	6,195	3,003,342	-556,467	-9,237
Balance, Shares at Dec. 31, 2011	'	6,195,101	'	'	'
Issuance of common stock for repayment of note payable and accrued interest	3,800,000	19,000	3,781,000	'	'
Issuance of common stock for repayment of note payable and accrued interest, Shares	'	19,000,000	'	'	'
Issuance of warrants for services	144,193	'	144,193	'	'
Issuance of common stock for services	5,500	10	5,490	'	'
Issuance of common stock for services, Shares	'	10,000	'	'	'
Net loss	-7,066,235	'	'	-7,066,235	'
Balance at Dec. 31, 2012	-672,709	25,205	6,934,025	-7,622,702	-9,237
Balance, Shares at Dec. 31, 2012	'	25,205,101	'	'	'
Issuance of warrants for services	118,335	'	118,335	'	'
Issuance of common stock for services	11,550	130	11,420	'	'
Issuance of common stock for services, Shares	'	130,000	'	'	'
Net loss	-289,080	'	'	-289,080	'
Balance at Sep. 30, 2013	($831,904)	$25,355	$7,063,780	($7,911,782)	($9,237)
Balance, Shares at Sep. 30, 2013	'	25,335,101	'	'	'

Consolidated_Statements_of_Cas

Consolidated Statements of Cash Flows (Unaudited) (USD $)	9 Months Ended		36 Months Ended
	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013
Cash flows from operating activities:	'	'	'
Net loss	($289,080)	($824,624)	($7,911,782)
Adjustments to reconcile net loss to net cash used in operating activities:	'	'	'
Amortization	4,164	230,769	511,856
Reserve for bad debt	'	'	42,500
Impairment loss	'	'	5,392,308
Loss on extinguishment of debt	'	'	654,657
Non-cash compensation	129,885	120,438	279,578
Changes in operating assets and liabilities:	'	'	'
Increase in other assets	'	-6,000	-6,000
Increase (decrease) in accrued expenses	82,715	-160,300	272,071
Increase in prepaid expenses	453	'	-2,013
Expenses paid on behalf of the company	21,833	'	21,833
Net Cash Used In Operating Activities	-50,030	-639,717	-744,992
Cash flows from investing activities:	'	'	'
Advances on loans	'	-42,500	-42,500
Net Cash Used In Investing Activities	'	-42,500	-42,500
Cash flows from financing activities:	'	'	'
Proceeds from contributions from shareholders	'	'	3,000,300
Proceeds from short-term debt to related party	20,000	715,000	757,200
Proceeds from short-term debt	30,000	'	30,000
Repayment of debt	'	'	-3,000,000
Net Cash Provided by Financing Activities	50,000	715,000	787,500
Net increase (decrease) in cash	-30	32,783	8
Cash and cash equivalents - Beginning of year	38	33	'
Cash and cash equivalents - End of period	8	32,816	8
Supplemental disclosure cash flow information:	'	'	'
Cash paid for interest	'	'	'
Cash paid for income taxes	'	'	'
Non-cash during the year for:	'	'	'
Issuance of common stock	'	5,000	5,000
Intangible asset in exchange for short-term debt	'	6,000,000	6,000,000
Common stock issued in exchange for debt and interest	'	3,165,000	3,800,000
Details of reverse acquisition:	'	'	'
Common stock issued	'	'	1,195
Paid-in capital in connection with common stock issued	'	'	8,042
Treasury stock acquired	'	'	-9,237
Net assets acquired	'	'	'

Description_of_Business_and_Su

Description of Business and Summary of Significant Accounting Policies	9 Months Ended
	Sep. 30, 2013
Description of Business and Summary of Significant Accounting Policies [Abstract]	'
DESCRIPTION OF BUSINESS AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	'
	1.  DESCRIPTION OF BUSINESS AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
	The consolidated balance sheet as of September 30, 2013 and the consolidated statements of operations, stockholders' deficiency and cash flows for the periods presented have been prepared by Lifestyle Medical Network, Inc. and Subsidiaries (the "Company" or "Lifestyle") and are unaudited.  The consolidated financial statements are prepared in accordance with the requirements for unaudited interim periods, and consequently, do not include all disclosures required to be made in conformity with accounting principals generally accepted in the United States of America.  In the opinion of management, all adjustments (consisting solely of normal recurring adjustments) necessary to present fairly the financial position, results of operations, changes in stockholders' deficiency and cash flows for all periods presented have been made.  The information for the consolidated balance sheet as of December 31, 2012 was derived from audited financial statements of the Company.
	Organization
	Lifestyle Medical Network Inc. and Subsidiaries (the “Company” or “Lifestyle”) (formerly Emerging Media Holdings, Inc.) was incorporated in the State of Nevada.  The Company directs its operations through its subsidiaries.  During 2011, the Company sold its media business in Moldova in exchange for 730,000 of its common shares.  In December 2011, the Company entered into an exchange agreement and purchased Lifestyle Medical Corp. ("LMC").  In connection with the acquisition, the operations of the Company are now the operations of LMC.  LMC operates its business under a License related to patent rights used in connection with the operations of medical clinics that provide medical services related to men's health, with proprietary trade names and logo designs.
	On July 11, 2012, through a merger with the Company's wholly-owned Nevada subsidiary, Lifestyle Medical Network Inc., the name of the Company was changed to Lifestyle Medical Network Inc.  This corporate action was permitted to be taken by the Company’s Board of Directors without stockholder approval under Nevada law. In the merger, which was for the sole purpose of changing the Company’s name, there were no other changes to the Articles of Incorporation or any changes to the capital stock of the Company, or to its By-Laws or its officers and directors. The change of the corporate name was approved by FINRA, effective for trading purposes July 31, 2012.
	The Company is considered a development stage enterprise as defined in the Financial Accounting Standards Board ("FASB") Accounting Standards Codification ("ASC") 915, "Development Stage Entities" ("ASC 915").  The Company has limited revenue to date, continues to raise capital and there is no assurance that ultimately the Company will achieve a profitable level of operations.
	Acquisition of Lifestyle Medical Corporation
	On December 29, 2011, the Company closed an acquisition of 100% of the outstanding shares of Lifestyle Medical Corp., incorporated under the laws of Florida, pursuant to an Exchange Agreement, executed on that date, by and between the Company and Lifestyle Medical Corporation. The consideration paid by the Company for the acquisition of LMC was 5,000,000 shares of the Company's common stock paid to the holders of 100% of the outstanding shares of LMC, valued at $2,500,000, the fair market value at the date of issuance.
	LMC was incorporated under the laws of the state of Florida on November 14, 2011, and on December 27, 2011 (immediately prior to LMC’s acquisition by the Company) acquired 100% of the membership interests in Elite Professional IP Licensing, LLC, a Delaware limited liability company formed on October 8, 2010 (“Elite”), and 100% of the outstanding shares of Regional Professional Alliance, Inc., a Florida corporation incorporated on October 11, 2010 (“RPA”).  LMC, Elite and RPA are entities under common control and all three entities have the same ownership. At the time of its acquisition by LMC, Elite was the assignee, pursuant to an assignment effective May 9, 2011 (the “Assignment”), from Worldwide Medassets, Ltd. SAL (“WMA”) of WMA’s rights as licensee under an October 5, 2010, License Agreement (the “License” or "License Agreement") with Modular Properties Limited, Inc., as Licensor (“MPL”).  The fee that was payable to WMA in connection with the Assignment of the MPL License was $6,000,000, represented by a secured promissory note dated May 7, 2011 the (“WMA Note”) in the principal amount of $6,000,000 issued by Saddleworth Ventures, LLC, a Florida limited liability company ("Saddleworth Ventures") to WMA.  At that time the ownership of Saddleworth Ventures was identical to the ownership of Elite (now a wholly-owned subsidiary of the Company).  Mr. Christopher Smith, the Company's Chief Executive Officer, had a 25.6% equity interest in Elite at the time of the assignment of the license and the same interest in Saddleworth Ventures.  As of the December 27, 2011 acquisition of Elite by LMC, $3,000,000 of the amount owing under the WMA Note had been paid to WMA.
	For accounting purposes only, the transactions between LMC with Elite and RPA and the transaction between EMH and LMC were treated as a recapitalization of LMC, as of December 29, 2011, with LMC as the acquirer.  The financial statements prior to December 29, 2011, are those of LMC and reflect the assets and liabilities of LMC at historical carrying amounts.  The financial statements show a retroactive restatement of LMC's historical stockholders' equity to reflect the equivalent number of shares issued to LMC.
	Acquisition by the Company of the Rights to the License with MPL
	As of January 5, 2012,  Saddleworth Ventures, with the consent of WMA, assigned the WMA Note to Saddleworth Consulting, LLC, a Florida limited liability company (“Saddleworth Consulting”), and Saddleworth Consulting assumed all obligations under the WMA Note, $3,000,000 of the principal amount of which was outstanding as of the date of the assignment.
	Pursuant to a Stock Purchase Agreement, dated as of February 8, 2012, between the Company and Saddleworth Consulting, the Company agreed to issue 19,000,000 shares of its common stock to Saddleworth Consulting in exchange for the satisfaction by Saddleworth Consulting of the outstanding $3,000,000 principal balance and accrued interest on the WMA Note.  In consideration of the stock issuance, such outstanding principal balance and all obligations under the WMA note to WMA were satisfied by Saddleworth Consulting.
	Going Concern
	The consolidated financial statements for the nine months ended September 30, 2013 have been prepared on a going concern basis which contemplates the realization of assets and the settlement of liabilities and commitments in the normal course of business.  The Company has a past history of recurring losses from operations and is a development stage company.  The Company will require additional funding to execute its future strategic business plan.  Successful business operations and its transition to attaining profitability are dependent upon obtaining additional financing and achieving a level of revenue to support its cost structure.  These factors raise substantial doubt about the Company's ability to continue as a going concern.
	Significant Accounting Policies
	The Company’s significant accounting policies are summarized in Note 1 of the Company’s Annual Report on Form 10-K for the year ended December 31, 2012.  There were no significant changes to these accounting policies during the nine months ended September 30, 2013 and the Company does not expect that the adoption of other recent accounting pronouncements will have a material impact on its financial statements.

Intangibles

Intangibles	9 Months Ended
	Sep. 30, 2013
Intangibles [Abstract]	'
INTANGIBLES	'
	2.  INTANGIBLES
	The MPL License Agreement
	The MPL License Agreement, under which the Company's wholly-owned subsidiary, Elite, is the licensee pursuant to the Assignment from WMA, provides for the license of medical services, operational systems, manuals, certain names and logo designs and other intellectual property in connection with the operation of medical clinics that provide services related to men’s health within the territory of the continental United States (the “Licensed Rights”).  The License Agreement provides for a fee of 6% of gross receipts of Licensee, payable quarterly.  The term of the License Agreement is for twenty (20) years from the effective date, May 9, 2011. The Company plans to establish new medical clinics or acquire existing clinics, as well as to provide consulting services to medical clinics utilizing the Licensed Rights.
	Intangibles are the value of the MPL license and are stated at cost.  The intangibles are being amortized over 19.5 years, the life of the license.
	As of December 31, 2012, management concluded the fair value of the license should be reduced to $100,000 based on a market analysis and the failure of the Company to open any clinics during 2012 and no contracts for the use of the license in the foreseeable future.  The Company recorded an impairment charge of $5,392,308 which is included in the Company’s consolidated statement of operations for the year ended December 31, 2012.
	The components of intangible assets are as follows:
	License Agreements
	Balance January 1, 2011	$	-
	Acquisition of license		6,000,000
	Amortization for the period May 8, 2011 through December 31, 2011		(200,000	)
	Balance December 31, 2011		5,800,000
	Amortization for the year ended December 31, 2012		(307,692	)
	Impairment charge		(5,392,308	)
	Balance December 31, 2012	$	100,000
	Amortization expense for the nine months ended September 30, 2013		(4,164	)
	Balance September 30, 2013	$	95,836
	Amortization expense for the nine months ended September 30, 2013 and 2012 amounted to $4,174 and $230,769, respectively.  Amortization expense for the period October 8, 2010 (date of formation) through September 30, 2013 amounted to $511,856.
	Estimated amortization expense for intangible assets for the next five years is as follows:
	Year Ending	Amortization
	December 31,	Expense
	2013	$	1,390
	2014		5,555
	2015		5,555
	2016		5,555
	2017		5,555

Loan_Receivable

Loan Receivable	9 Months Ended
	Sep. 30, 2013
Loan Receivable [Abstract]	'
LOAN RECEIVABLE	'
	3.  LOAN RECEIVABLE
	On February 3, 2012, LMC loaned $32,000 to Health Clinics of Florida, LLC.  On April 9, 2012 and August 10, 2012,  LMC advanced an additional $10,500.  The unsecured notes are interest free and due June 15, 2013.  In the event of default, interest on the outstanding balance shall accrue at a rate of ten percent (10%) per annum from the date of the default.  The manager of Health Clinics of Florida, LLC is a shareholder of the Company.  As of December 31, 2012, the Company recorded a reserve for the full amount of the receivable reducing the balance to $-0-.  The bad debt expense of $42,500 is included in the Company’s consolidated statement of operations for the year ended December 31, 2012.

Debt

Debt	9 Months Ended
	Sep. 30, 2013
Debt [Abstract]	'
DEBT	'
	4.  DEBT
	Short-term debt as of September 30, 2013 and December 31, 2012 were as follows:
		September 30,		December 31,
		2013		2012
	Short-term Debt to Related Parties
	Unsecured promissory note, interest free, due April 15, 2014  (1)	$	200,000	$	200,000
	Unsecured promissory note, interest free, due April 15, 2014 (2)		75,000		75,000
	Unsecured promissory note, interest free, due April 15, 2014 (2)		60,000		60,000
	Unsecured promissory notes, interest @ 10% per annum, due April 15, 2014 (3)		75,000		75,000
	Unsecured promissory notes, interest free due April 15, 2014 (4)		347,200		327,200
			757,200		737,200
	Less: Current portion		757,200		737,200
		$	-	$	-
		September 30,		December 31,
	Short-term Debt		2013		2012
	Unsecured promissory note, interest free, due on demand	$	30,000	$	-
	Unsecured promissory note, interest free, due on demand		21,833		-
			51,833		-
	Less: Current portion		51,833		-
		$	-	$	-
	(1)  On January 5, 2012, LMC borrowed $200,000 from the Dellinger Fund, a shareholder of the Company.  The note is interest free and has been extended to April 15, 2014.  In the event of default, the Dellinger Fund has the right to request and will be granted the issuance of two million shares of the Company's common stock.
	(2)  On February 3, 2012 and March 1, 2012, LMC borrowed $75,000 and $60,000, respectively, from the Dellinger Fund, a shareholder of the Company.  The unsecured notes are interest free and are due April 15, 2014.  In the event of default, interest on the outstanding balance shall accrue at a rate of ten percent (10%) per annum from the date of the default.
	(3)  On April 3, 2012, LMC borrowed $75,000 from the Dellinger Fund, a shareholder of the Company.  The unsecured note bears interest @ 10% per anum and is due April 15, 2014.  In the event of default, interest on the outstanding balance shall continue to accrue at a rate of ten percent (10%) per annum from the date of the default.
	(4)  On various dates from March 23, 2012 through February 21, 2013, LMC borrowed $347,200 from the Dellinger Fund, a shareholder of the Company.  The unsecured notes are interest free and are due April 15, 2014.  In the event of a default, interest on the outstanding balance shall accrue at a rate of ten percent (10%) per annum from the date of the default.
	Interest expense for the nine months ended September 30, 2013 and 2012 and the period October 8, 2010 (Date of Formation) through September 30, 2013 amounted to $5,625, $50,400 and $156,593, respectively.

Accounts_Payable_and_Accrued_E

Accounts Payable and Accrued Expenses	9 Months Ended
	Sep. 30, 2013
Accounts Payable and Accrued Expenses [Abstract]	'
ACCOUNTS PAYABLE AND ACCRUED EXPENSES	'
	5.  ACCOUNTS PAYABLE AND ACCRUED EXPENSES
		September 30,		December 31,
		2013		2012
	Interest	$	11,025	$	5,400
	Salaries - Officer		33,250		2,500
	Rent		32,918		5,543
	Other		49,535		30,570
		$	126,728	$	44,013

Income_Taxes

Income Taxes	9 Months Ended
	Sep. 30, 2013
Income Taxes [Abstract]	'
INCOME TAXES	'
	6.  INCOME TAXES
	The Company adopted the provisions of ASC 740, "Income Taxes", ("ASC 740").  As a result of the implementation of ASC 740, the Company recognized no adjustment in the net liability for unrecognized income tax benefits.  The Company believes there are no potential uncertain tax positions and all tax returns are correct as filed.  Should the Company recognize a liability for uncertain tax positions, the Company will separately recognize the liability for uncertain tax positions on its balance sheet.  Included in any liability for uncertain tax positions, the Company will also setup a liability for interest and penalties.  The Company’s policy is to recognize interest and penalties related to uncertain tax positions as a component of the current provision for income taxes.
	There is no U.S. tax provision due to losses from U.S. operations during the nine months ended September 30, 2013 and 2012.  Deferred income taxes are provided for the temporary differences between the financial reporting and tax basis of the Company's assets and liabilities. The principal item giving rise to deferred taxes is the net operating loss carryforward in the U.S.  Valuation allowances are established when necessary to reduce deferred tax assets to the amount expected to be realized.  The Company has set up a valuation allowance for losses for certain carryforwards that it believes may not be realized.
	Section 382 of the U.S. Internal Revenue Code imposes an annual limitation on the availability of NOL carryforwards to offset taxable income when an ownership change occurs.  The Company's reverse capitalization meets the definition of an ownership change and some of the NOL's will be limited.

Stockholders_Equity

Stockholders' Equity	9 Months Ended
	Sep. 30, 2013
Stockholders' Equity [Abstract]	'
STOCKHOLDERS' EQUITY	'
	7.  STOCKHOLDERS' EQUITY
	Pursuant to a Stock Purchase Agreement, dated as of February 8, 2012, between the Company and Saddleworth Consulting, the Company agreed to issue 19,000,000 shares of its common stock to Saddleworth Consulting in exchange for the satisfaction by Saddleworth Consulting of the outstanding $3,000,000 principal balance and $165,000 of accrued interest on the WMA Note.  In consideration of the stock issuance, such outstanding principal balance and all obligations under the WMA note to WMA, a shareholder of the Company, were satisfied by Saddleworth Consulting.
	The fair value of the common shares issued amounted to $3,800,000.  The Company recorded a loss of $664,657 upon the extinguishment of debt which is included in the Company’s consolidated statement of operations for the year ended December 31, 2012.

StockBased_Compensation

Stock-Based Compensation	9 Months Ended
	Sep. 30, 2013
Stock-Based Compensation [Abstract]	'
STOCK-BASED COMPENSATION	'
	8.  STOCK-BASED COMPENSATION
	For the nine months ended September 30, 2013 and 2012 and for the period October 8, 2010 (Date of formation) through September 30, 2013, the Company issued 130,000, 10,000, and 140,000 shares and recorded compensation expense of $11,550, $5,500 and $17,050, respectively.

Warrants

Warrants	9 Months Ended
	Sep. 30, 2013
Warrants [Abstract]	'
WARRANTS	'
	9.  WARRANTS
	On February 6, 2012, the Company issued warrants as compensation to a third party to purchase 2,400,000 shares of the Company's common stock for services performed.  The warrants expire February 6, 2017.  The estimated value of the compensatory warrants was determined using the Black Scholes pricing model using the following assumptions:  Expected term of 5 years, a risk free interest rate of 0.32%, a dividend yield of -0-% and volatility of 432%.  The fair value of the warrant amounted to $479,912 to be amortized over three years.  The Company recorded an expense of $118,335 and $114,938 on the Company's consolidated statement of operations for the nine months ended September 30, 2013 and 2012, respectively.  For the period October 8, 2010 (Date of formation) through September 30, 2013, the Company recorded an expense of $265,528.
	The following table summarizes the changes in warrants outstanding and the related price of the shares of the Company's common stock issued to non-employees of the Company.  The warrants were granted in lieu of cash compensation for services performed.
				Weighted Average
		Shares		Exercise Price
	Outstanding, January 1, 2013		2,400,000	$	0.2
	Granted		-		-
	Expired/Cancelled		-		-
	Exercised		-		-
	Outstanding - period ending September 30, 2013		2,400,000	$	0.2
	Exercisable - period ending September 30, 2013		2,400,000	$	0.2

Related_Party_Transactions

Related Party Transactions	9 Months Ended
	Sep. 30, 2013
Related Party Transactions [Abstract]	'
RELATED PARTY TRANSACTIONS	'
	10.  RELATED PARTY TRANSACTIONS
	a)	During the year ended December 31, 2011, Elite had activities with Saddleworth Ventures LLC, a related party.  The ownership of Saddleworth Ventures is identical to the ownership of Elite.  Saddleworth Ventures assigned the rights to Elite as licensee under the License Agreement with MPL.  In connection with the purchase of the license, $3 million of the $6 million purchase price was paid by the members of Elite on the amount owing under the WMA note.
	b)	The Company entered into a consulting agreement with Saddleworth Ventures LLC.  Consulting fees for the nine months ended September 30, 2013 and 2012 were $-0- and $97,500, respectively.  See Note 11(a) for further information.
	c)	During the year ended December 31, 2012, the Company received $737,200 in advances from the Dellinger Fund, a shareholder of the Company.  During the nine months ended September 30, 2013, the Dellinger Fund advanced an additional $20,000.  The majority of these advances are interest free.  The Company recorded interest expense for the nine months ended September 30, 2013 and 2012 in the amount of $5,625 and $50,400, respectively, on the advances that were not interest free.  See Note 4 for further information.

Commitments_and_Contingencies

Commitments and Contingencies	9 Months Ended
	Sep. 30, 2013
Commitments and Contingencies [Abstract]	'
COMMITMENTS AND CONTINGENCIES	'
	11.  COMMITMENTS AND CONTINGENCIES
	Consulting Agreements
	a)	In January 2012, Lifestyle entered into a consulting agreement with Saddleworth Ventures LLC ("Consultant").  The Consultant will provide services for management consulting, business advisory, shareholder information and public relations.  The term of the agreement is for three years.  Upon execution of the agreement, Lifestyle issued a payment to the Consultant in the amount of $25,000.  Additional cash fees or reimbursement of expenses shall be agreed upon by Lifestyle and the Consultant from time to time during the term of the agreement.  Consulting fees for the nine months ended September 30, 2013 and 2012 amounted to $-0- and $140,000, respectively.
	b)	During 2012, Lifestyle entered into various consulting agreements with third parties in connection with business advisory services.  For the nine months ended September 30, 2013 and 2012, consulting services amounted to $5,666 and $131,000, respectively.
	c)	On July 1, 2012, Lifestyle entered into an employment agreement with Christopher Smith ("Smith"), the Company's Chief Executive Officer.  The term of the agreement is for five years.  Lifestyle will pay Smith minimum compensation of $60K per year.  Smith will also receive a performance bonus based on a percentage of the Company's net operating profit before income taxes.  For the nine months ended September 30, 2013, payroll-officer amounted to $45,000.

Earnings_Per_Share

Earnings Per Share	9 Months Ended
	Sep. 30, 2013
Earnings Per Share [Abstract]	'
EARNINGS PER SHARE	'
	12.  EARNINGS PER SHARE
	Basic earnings per share are computed by dividing net earnings by the weighted average number of common shares outstanding during the period.  Diluted earnings per common share are computed by dividing net earnings by the weighted average number of common shares and potential common shares outstanding during the period.  Potential common shares consist of outstanding common stock purchase warrants.  For the nine months ended September 30, 2013 and 2012, there were 2,400,000 and 2,400,000 potential common shares, respectively.

Restatement

Restatement	9 Months Ended
	Sep. 30, 2013
Restatement [Abstract]	'
RESTATEMENT	'
	13.  RESTATEMENT
	The Company’s consolidated statement of operations for the nine and three months ended September 30, 2012 have been restated to reflect amortization expense of $230,769 and $76,923, respectively, and an increase in the valuation of warrants issued for services of $19,059 and $42,970, respectively. The net loss for the six and three months ended June 30, 2012 increased to $824,624 and $253,353, respectively.

Subsequent_Events

Subsequent Events	9 Months Ended
	Sep. 30, 2013
Subsequent Events [Abstract]	'
SUBSEQUENT EVENTS	'
	14.  SUBSEQUENT EVENTS
	On October 13, 2013, the Company borrowed $150,000 from Edmond Malits (“Malits”). The promissory note bears interest at 12% per annum and both interest and principal are due February 14, 2014.
	In connection with the promissory note, the Company will issue Malits 500,000 of the company’s common shares. Additionally, the Company will provide collateral for the loan, the Company’s shell on the OTCBB.
	The Company has signed a letter of intent to purchase the assets and operations of a group of six primary care and specialty medical clinics in Houston, Texas, including the real estate properties of the clinics.  The letter of intent was recently extended to December 31, 2013, to permit the parties to close the transaction by the end of the Company’s current fiscal year.  The Company is proceeding to complete the negotiation and execution of definitive agreements for this transaction; the definitive agreements will contain closing conditions, including a financing contingency with respect to the institutional financing required for the purchase the real estate properties that are part of the group’s assets.

Intangibles_Tables

Intangibles (Tables)	9 Months Ended
	Sep. 30, 2013
Intangibles [Abstract]	'
Components of intangible assets	'
	License Agreements
	Balance January 1, 2011	$	-
	Acquisition of license		6,000,000
	Amortization for the period May 8, 2011 through December 31, 2011		(200,000	)
	Balance December 31, 2011		5,800,000
	Amortization for the year ended December 31, 2012		(307,692	)
	Impairment charge		(5,392,308	)
	Balance December 31, 2012	$	100,000
	Amortization expense for the nine months ended September 30, 2013		(4,164	)
	Balance September 30, 2013	$	95,836
Estimated amortization expense for intangible assets	'
	Year Ending	Amortization
	December 31,	Expense
	2013	$	1,390
	2014		5,555
	2015		5,555
	2016		5,555
	2017		5,555

Debt_Tables

Debt (Tables)	9 Months Ended
	Sep. 30, 2013
Debt [Abstract]	'
Summary of short-term debt	'
		September 30,		December 31,
		2013		2012
	Short-term Debt to Related Parties
	Unsecured promissory note, interest free, due April 15, 2014  (1)	$	200,000	$	200,000
	Unsecured promissory note, interest free, due April 15, 2014 (2)		75,000		75,000
	Unsecured promissory note, interest free, due April 15, 2014 (2)		60,000		60,000
	Unsecured promissory notes, interest @ 10% per annum, due April 15, 2014 (3)		75,000		75,000
	Unsecured promissory notes, interest free due April 15, 2014 (4)		347,200		327,200
			757,200		737,200
	Less: Current portion		757,200		737,200
		$	-	$	-
		September 30,		December 31,
	Short-term Debt		2013		2012
	Unsecured promissory note, interest free, due on demand	$	30,000	$	-
	Unsecured promissory note, interest free, due on demand		21,833		-
			51,833		-
	Less: Current portion		51,833		-
		$	-	$	-

Accounts_Payable_and_Accrued_E1

Accounts Payable and Accrued Expenses (Tables)	9 Months Ended
	Sep. 30, 2013
Accounts Payable and Accrued Expenses [Abstract]	'
Accrued Expenses	'
		September 30,		December 31,
		2013		2012
	Interest	$	11,025	$	5,400
	Salaries - Officer		33,250		2,500
	Rent		32,918		5,543
	Other		49,535		30,570
		$	126,728	$	44,013

Warrants_Tables

Warrants (Tables)	9 Months Ended
	Sep. 30, 2013
Warrants [Abstract]	'
Summary of changes in warrants outstanding and related price of shares	'
				Weighted Average
		Shares		Exercise Price
	Outstanding, January 1, 2013		2,400,000	$	0.2
	Granted		-		-
	Expired/Cancelled		-		-
	Exercised		-		-
	Outstanding - period ending September 30, 2013		2,400,000	$	0.2
	Exercisable - period ending September 30, 2013		2,400,000	$	0.2

Description_of_Business_and_Su1

Description of Business and Summary of Significant Accounting Policies (Details) (USD $)	0 Months Ended			1 Months Ended	12 Months Ended		0 Months Ended
	Feb. 08, 2012	Dec. 27, 2011	7-May-11	Dec. 31, 2011	Dec. 31, 2011	Jan. 05, 2012	Dec. 29, 2011	Dec. 27, 2011	Dec. 27, 2011
				Entity			Lifestyle Medical Corp [Member]	Elite Professional IP Licensing LLC [Member]	Regional Professional Alliance Inc [Member]
Description of Business and Summary of Significant Accounting Policies (Textual)	'	'	'	'	'	'	'	'	'
Ownership percentage acquired by company	'	'	'	'	'	'	100.00%	100.00%	100.00%
Number of entities acquired by company	'	'	'	3	'	'	'	'	'
Number of common stock, shares paid to the holders of 100% of the outstanding shares of LMC for purchase consideration	'	'	'	'	'	'	5,000,000	'	'
Value of shares that paid for purchase consideration	'	'	'	'	'	'	$2,500,000	'	'
Obligations under the WMA Note	'	'	'	'	'	3,000,000	'	'	'
Number of common shares exchanged in sale of Media business	'	'	'	730,000	'	'	'	'	'
Purchase consideration paid to WMA	'	3,000,000	'	'	'	'	'	'	'
License fee	'	'	6,000,000	'	6,000,000	'	'	'	'
Amount of promissory note that used to secure licensing cost	'	'	6,000,000	'	'	'	'	'	'
Percentage of equity interest hold by CEO in Elite	'	'	25.60%	'	'	'	'	'	'
Stock issued for services to Saddleworth consulting	19,000,000	'	'	'	'	'	'	'	'
Outstanding principal balance exchange for the shares by Saddleworth Consulting	$3,000,000	'	'	'	'	'	'	'	'

Intangibles_Details

Intangibles (Details) (USD $)	0 Months Ended	3 Months Ended		9 Months Ended		12 Months Ended		36 Months Ended
	7-May-11	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013	Sep. 30, 2012	Dec. 31, 2012	Dec. 31, 2011	Sep. 30, 2013
Components of intangible assets	'	'	'	'	'	'	'	'
Intangible assets - net Beginning balance	'	'	'	$100,000	($307,692)	($307,692)	'	'
Acquisition of license	6,000,000	'	'	'	'	'	6,000,000	'
Amortization expenses	'	'	'	-4,164	230,769	-307,692	-200,000	511,856
Impairment loss	'	'	'	'	'	-5,392,308	'	5,392,308
Intangible assets - net Balance	'	$95,836	'	$95,836	'	$100,000	($307,692)	$95,836

Intangibles_Details_1

Intangibles (Details 1) (USD $)	Sep. 30, 2013
Estimated amortization expense for intangible assets	'
2013	$1,390
2014	5,555
2015	5,555
2016	5,555
2017	$5,555

Intangibles_Details_Textual

Intangibles (Details Textual) (USD $)	3 Months Ended		9 Months Ended		12 Months Ended		36 Months Ended
	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013	Sep. 30, 2012	Dec. 31, 2012	Dec. 31, 2011	Sep. 30, 2013	Dec. 31, 2010
Intangible (Textual)	'	'	'	'	'	'	'	'
Fee of gross receipts of Licensee, Percentage	'	'	6.00%	'	'	'	'	'
Term of license agreement	'	'	'20 years	'	'	'	'	'
Amortization period of license agreement	'	'	'19 years 6 months	'	'	'	'	'
Fair value of the license	$95,836	'	$95,836	'	$100,000	($307,692)	$95,836	'
Impairment loss	'	'	'	'	-5,392,308	'	5,392,308	'
Amortization expenses	'	'	($4,164)	$230,769	($307,692)	($200,000)	$511,856	'

Loan_Receivable_Details_Textua

Loan Receivable (Details Textual) (USD $)	4 Months Ended
	Aug. 10, 2012	Sep. 30, 2013	Dec. 31, 2012	Feb. 03, 2012
Loan Receivable (Textual)	'	'	'	'
Issuance of debt to Health Clinics of Florida	'	'	'	$32,000
Additional advance to Health Clinics of Florida on April 9, 2012 and August 10, 2012	10,500	'	'	'
Interest on outstanding balance, per annum	'	'	'	10.00%
Loan receivable - net of allowance of $42,500	'	'	'	'
Allowances for bad debts	'	$42,500	$42,500	'

Debt_Details

Debt (Details) (USD $)	Sep. 30, 2013	Dec. 31, 2012
Summary of short-term debt	'	'
Short-term Debt to Related Parties, current	$757,200	$737,200
Long-term Debt to Related Parties, current maturity	757,200	737,200
Short-term Debt to Related Parties	'	'
Unsecured promissory note, interest free, due April 15, 2014 (1) [Member]	'	'
Summary of short-term debt	'	'
Short-term Debt to Related Parties, current	200,000	200,000
Unsecured promissory note, interest free, due April 15, 2014 (2) [Member]	'	'
Summary of short-term debt	'	'
Short-term Debt to Related Parties, current	75,000	75,000
Unsecured promissory note, interest free, due April 15, 2014 (2) [Member]	'	'
Summary of short-term debt	'	'
Short-term Debt to Related Parties, current	60,000	60,000
Unsecured promissory notes, interest @ 10% per annum, due April 15, 2014 (3) [Member]	'	'
Summary of short-term debt	'	'
Short-term Debt to Related Parties, current	75,000	75,000
Unsecured promissory notes, interest free due April 15, 2014 (4) [Member]	'	'
Summary of short-term debt	'	'
Short-term Debt to Related Parties, current	$347,200	$327,200

Debt_Details_1

Debt (Details 1) (USD $)	Sep. 30, 2013	Dec. 31, 2012
Short term debt	'	'
Debt current	$51,833	'
Long-term Debt, Excluding Current Maturities	51,833	'
Short-term debt	'	'
Unsecured promissory note, interest free, due on demand one [Member]	'	'
Short term debt	'	'
Debt current	30,000	'
Unsecured promissory note, interest free, due on demand two [Member]	'	'
Short term debt	'	'
Debt current	$21,833	'

Debt_Details_Textual

Debt (Details Textual) (USD $)

3 Months Ended

9 Months Ended

36 Months Ended

Sep. 30, 2013

Sep. 30, 2012

Sep. 30, 2013

Sep. 30, 2012

Sep. 30, 2013

Jan. 05, 2012

Feb. 03, 2012

Jan. 05, 2012

Mar. 01, 2012

Feb. 03, 2012

Apr. 03, 2012

Feb. 21, 2013

Unsecured promissory note, interest free, due April 15, 2014 (1) [Member]

Unsecured promissory note, interest free, due April 15, 2014 (2) [Member]

Unsecured promissory note, interest free, due April 15, 2014 (2) [Member]

Unsecured promissory note, interest free, due April 15, 2014 (2) [Member]

Unsecured promissory note, interest free, due April 15, 2014 (2) [Member]

Unsecured promissory notes, interest @ 10% per annum, due April 15, 2014 (3) [Member]

Unsecured promissory notes, interest free due April 15, 2014 (4) [Member]

Debt (Textual)

'

'

'

'

'

'

'

'

'

'

'

'

Debt instrument interest rate

'

'

'

'

'

'

10.00%

10.00%

10.00%

10.00%

10.00%

10.00%

Fund borrowed from related parties

'

'

'

'

'

$200,000

$75,000

$200,000

$60,000

$75,000

$75,000

$347,200

Interest expense

$1,875

$1,875

$5,625

$50,400

$156,593

'

'

'

'

'

'

'

Accounts_Payable_and_Accrued_E2

Accounts Payable and Accrued Expenses (Details) (USD $)	Sep. 30, 2013	Dec. 31, 2012
Accrued expenses	'	'
Interest	$11,025	$5,400
Salaries - Officer	33,250	2,500
Rent	32,918	5,543
Other	49,535	30,570
Accounts payable and Accrued expenses, Total	$126,728	$44,013

Stockholders_Equity_Details

Stockholders' Equity (Details) (USD $)	0 Months Ended	3 Months Ended		9 Months Ended		36 Months Ended
	Feb. 08, 2012	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013
Stockholders Equity (Textual)	'	'	'	'	'	'
Stock issued for services to Saddleworth consulting	19,000,000	'	'	'	'	'
Outstanding principal balance exchange for the shares by Saddleworth Consulting	$3,000,000	'	'	'	'	'
Interest accrued on notes payable (WMA notes)	165,000	'	'	'	'	'
Stock issued for service to saddleworth consulting, Value	3,800,000	'	'	'	'	'
Loss on extinguishment of debt	'	'	'	'	'	$654,657

StockBased_Compensation_Detail

Stock-Based Compensation (Details) (USD $)	9 Months Ended		36 Months Ended
	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013
Stock Based Compensation (Textual)	'	'	'
Stock issued related to share based compensation	130,000	10,000	140,000
Share based compensation expenses	$11,550	$5,500	$17,050

Warrants_Details

Warrants (Details) (Warrant [Member], USD $)	9 Months Ended
	Sep. 30, 2013
Warrant [Member]	'
Summary of changes in warrants outstanding and related price of shares	'
Outstanding, Number, Beginning Balance	2,400,000
Warrants, Granted	'
Warrants, Expired/Cancelled	'
Warrants, Exercised	'
Warrants Outstanding, Ending Balance	2,400,000
Exercisable, Number	2,400,000
Outstanding, Weighted Average Exercise Price, Beginning Balance	$0.20
Weight Average Exercise price, Warrant Granted	'
Weight Average Exercise price, Warrant Expired/Cancelled	'
Weight Average Exercise price, Warrant exercised	'
Outstanding, Weight Average Exercise Price - Ending Balance	$0.20
Exercisable, Weighted Average Exercise Price	$0.20

Warrants_Details_Textual

Warrants (Details Textual) (USD $)	0 Months Ended	9 Months Ended		36 Months Ended
	Feb. 06, 2012	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013
Warrant (Textual)	'	'	'	'
Number of warrants issued as compensation	2,400,000	'	'	'
Warrants maturity date	'	6-Feb-17	'	'
Expected term	'5 years	'	'	'
Risk free interest rate	0.32%	'	'	'
Dividend yield	0.00%	'	'	'
Volatility rate	432.00%	'	'	'
Fair value of warrant included in Company's consolidated statement of operations	$479,912	'	'	'
Term of warrant amortization description	'	'Over three years	'	'
Warrant expenses	'	$118,335	$114,938	$265,528

Related_Party_Transactions_Det

Related Party Transactions (Details) (USD $)	3 Months Ended		9 Months Ended		36 Months Ended		12 Months Ended	9 Months Ended
	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013	Dec. 31, 2012	Dec. 31, 2011	Sep. 30, 2013	Sep. 30, 2012
							MPL License Agreement [Member]	Consulting agreement with Saddleworth Ventures [Member]	Consulting agreement with Saddleworth Ventures [Member]
Related Party Transaction (Textual)	'	'	'	'	'	'	'	'	'
Purchase price of License	'	'	'	'	'	'	$6,000,000	'	'
Payment for licensing agreement	'	'	'	'	'	'	3,000,000	'	'
Consultation fees	'	'	'	'	'	'	'	97,500	0
Short-term debt to related party	757,200	'	757,200	'	757,200	737,200	'	'	'
Interest expense	$1,875	$1,875	$5,625	$50,400	$156,593	'	'	'	'

Commitments_and_Contingencies_

Commitments and Contingencies (Details) (USD $)	1 Months Ended	9 Months Ended		0 Months Ended	9 Months Ended
	Jan. 31, 2012	Sep. 30, 2013	Sep. 30, 2012	Jul. 01, 2012	Sep. 30, 2013
	Consulting agreements with third parties [Member]	Consulting agreements with third parties [Member]	Consulting agreements with third parties [Member]	Employment agreement with Christopher Smith [Member]	Employment agreement with Christopher Smith [Member]
Commitments and Contingencies (Textual)	'	'	'	'	'
Term of consulting agreement	'3 years	'	'	'5 years	'
Payment issued to consultant upon execution of agreement	$25,000	$0	$140,000	$60,000	'
Consultation fees	'	5,666	131,000	'	'
Amount of compensation as per payroll - officer	'	'	'	'	$45,000

Earnings_Per_Share_Details

Earnings Per Share (Details)	9 Months Ended
	Sep. 30, 2013	Sep. 30, 2012
Earnings Per Share (Textual)	'	'
Weighted average number diluted shares outstanding adjustment	2,400,000	2,400,000

Restatement_Details

Restatement (Details) (USD $)	3 Months Ended				6 Months Ended	9 Months Ended		12 Months Ended		36 Months Ended
	Sep. 30, 2013	Sep. 30, 2012	Jun. 30, 2012	Dec. 31, 2010	Jun. 30, 2012	Sep. 30, 2013	Sep. 30, 2012	Dec. 31, 2012	Dec. 31, 2011	Sep. 30, 2013
Restatement (Textual)	'	'	'	'	'	'	'	'	'	'
Amortization	'	$76,923	'	'	'	$4,164	$230,769	'	'	$511,856
Increase in valuation of warrant issued for services	'	42,970	'	'	'	'	19,059	'	'	'
Net loss	($97,705)	($251,703)	$253,353	'	$824,624	($289,080)	($824,624)	($7,066,235)	($556,467)	($7,911,782)

Subsequent_Events_Details_Text

Subsequent Events (Details Textual) (Subsequent Event [Member], USD $)	0 Months Ended
	Oct. 13, 2013
Subsequent Event [Member]	'
Subsequent Event (Textual)	'
Promissory note issued to Edmond Malits	$150,000
Interest on promissory note	12.00%
Maturity period of promissory note	14-Feb-14
Common shares issued in connection with promissory note	500,000