CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY (DEFICIT) (USD $) | Preferred Stock A | Preferred Stock B | Common Stock | Additional Paid-in Capital | Deficit Accumulated During the Development Stage | Subscriptions Receivable | Non-controlling Interest | Total |
Balance at Oct. 13, 2009 | | ' | ' | ' | ' | ' | ' | ' | ' |
Increase (Decrease) in Stockholders' Equity [Roll Forward] | | ' | ' | ' | ' | ' | ' | ' | ' |
Issuance of common stock for services - founders shares ($0.048/share - post reverse split), ($14 - $36/share), for June 30, 2010, June 30, 2012 respectively, ($14 - $36/share), ($16 - $36/share) June 30, 2013 (post reverse split) ($14 - $36/share - post reverse split) Sept 30, 2013 | | ' | ' | $89 | $4,186 | ' | ' | ' | $4,275 |
Issuance of common stock for services - founders shares ($0.048/share - post reverse split), ($14 - $36/share), for June 30, 2010, June 30, 2012 respectively, ($14 - $36/share), ($16 - $36/share) June 30, 2013 (post reverse split) (in shares) ($14 - $36/share - post reverse split) Sept 30, 2013 | | ' | ' | 89,112 | ' | ' | ' | ' | ' |
Net loss | | ' | ' | ' | ' | -4,407 | ' | ' | -4,407 |
Balance at Jun. 30, 2010 | | ' | ' | 89 | 4,186 | -4,407 | ' | ' | -132 |
Balance (in shares) at Jun. 30, 2010 | | ' | ' | 89,112 | ' | ' | ' | ' | ' |
Increase (Decrease) in Stockholders' Equity [Roll Forward] | | ' | ' | ' | ' | ' | ' | ' | ' |
Direct offering costs | | ' | ' | ' | -26,803 | ' | ' | ' | -26,803 |
Issuance of common stock for cash and subscriptions receivable ($24 - $48/share), ($12 - $48/share), ($24 - $48/share) for June 30, 2011, June 30, 2012, June 30, 2013 respectively (post reverse split) | | ' | ' | 3 | 102,098 | ' | -2,500 | ' | 99,601 |
Issuance of common stock for cash and subscriptions receivable ($24 - $48/share), ($12 - $48/share), ($24 - $48/share) for June 30, 2011, June 30, 2012, June 30, 2013 respectively (post reverse split) (in shares) | | ' | ' | 3,431 | ' | ' | ' | ' | ' |
Net loss | | ' | ' | ' | ' | -227,087 | ' | ' | -227,087 |
Balance at Jun. 30, 2011 | | ' | ' | 92 | 79,481 | -231,494 | -2,500 | ' | -154,421 |
Balance (in shares) at Jun. 30, 2011 | | ' | ' | 92,543 | ' | ' | ' | ' | ' |
Increase (Decrease) in Stockholders' Equity [Roll Forward] | | ' | ' | ' | ' | ' | ' | ' | ' |
Issuance of common stock for services - founders shares ($0.048/share - post reverse split), ($14 - $36/share), for June 30, 2010, June 30, 2012 respectively, ($14 - $36/share), ($16 - $36/share) June 30, 2013 (post reverse split) ($14 - $36/share - post reverse split) Sept 30, 2013 | | ' | ' | 8 | 248,640 | ' | ' | ' | 248,648 |
Issuance of common stock for services - founders shares ($0.048/share - post reverse split), ($14 - $36/share), for June 30, 2010, June 30, 2012 respectively, ($14 - $36/share), ($16 - $36/share) June 30, 2013 (post reverse split) (in shares) ($14 - $36/share - post reverse split) Sept 30, 2013 | | ' | ' | 7,765 | ' | ' | ' | ' | ' |
Direct offering costs | | ' | ' | ' | -502,119 | ' | ' | ' | -502,119 |
Issuance of common stock for cash and subscriptions receivable ($24 - $48/share), ($12 - $48/share), ($24 - $48/share) for June 30, 2011, June 30, 2012, June 30, 2013 respectively (post reverse split) | | ' | ' | 180 | 3,817,525 | ' | -354,000 | ' | 3,463,705 |
Issuance of common stock for cash and subscriptions receivable ($24 - $48/share), ($12 - $48/share), ($24 - $48/share) for June 30, 2011, June 30, 2012, June 30, 2013 respectively (post reverse split) (in shares) | | ' | ' | 180,383 | ' | ' | ' | ' | ' |
Receipt of cash for subscriptions receivable | | ' | ' | ' | ' | ' | 2,500 | ' | 2,500 |
Issuance of series A preferred stock for services ($0.716/share) - related party | | 100 | ' | ' | 71,500 | ' | ' | ' | 71,600 |
Issuance of series A preferred stock for services ($0.716/share) - related party (in shares) | | 100,000 | ' | ' | ' | ' | ' | ' | ' |
Issuance of common stock for direct offering costs ($31/share - post reverse split) | | ' | ' | 3 | -3 | ' | ' | ' | ' |
Issuance of common stock for direct offering costs ($31/share - post reverse split) (in shares) | | ' | ' | 3,127 | ' | ' | ' | ' | ' |
Net loss | | ' | ' | ' | ' | -1,960,194 | ' | ' | -1,960,194 |
Balance at Jun. 30, 2012 | | 100 | ' | 283 | 3,715,024 | -2,191,688 | -354,000 | ' | 1,169,719 |
Balance (in shares) at Jun. 30, 2012 | | 100,000 | ' | 283,818 | ' | ' | ' | ' | ' |
Increase (Decrease) in Stockholders' Equity [Roll Forward] | | ' | ' | ' | ' | ' | ' | ' | ' |
Issuance of subsidiary common stock and warrants for cash and subscriptions receivable ($48/unit - post reverse split) | | ' | ' | ' | 449,500 | ' | ' | ' | 449,500 |
Issuance of common stock for services ($16 - $36/share - post reverse split)- June 31,2013 ($14 - $36/share - post reverse split) - Sept 30, 2013 | | ' | ' | ' | 1,665 | ' | ' | ' | 1,665 |
Issuance of common stock for services ($16 - $36/share - post reverse split) (in shares) | | ' | ' | 261 | ' | ' | ' | ' | ' |
Issuance of common stock for services - founders shares ($0.048/share - post reverse split), ($14 - $36/share), for June 30, 2010, June 30, 2012 respectively, ($14 - $36/share), ($16 - $36/share) June 30, 2013 (post reverse split) ($14 - $36/share - post reverse split) Sept 30, 2013 | | ' | ' | 1 | 37,020 | ' | ' | ' | 37,021 |
Issuance of common stock for services - founders shares ($0.048/share - post reverse split), ($14 - $36/share), for June 30, 2010, June 30, 2012 respectively, ($14 - $36/share), ($16 - $36/share) June 30, 2013 (post reverse split) (in shares) ($14 - $36/share - post reverse split) Sept 30, 2013 | | ' | ' | 1,107 | ' | ' | ' | ' | ' |
Direct offering costs | | ' | ' | ' | -435,041 | ' | ' | ' | -435,041 |
Issuance of subsidiary common stock for services ($25 to $35/share - post reverse split) | | ' | ' | ' | 3,854 | ' | ' | ' | 3,854 |
Issuance of common stock and warrants for cash and subscriptions receivable ($48/unit - post reverse split) | | ' | ' | 56 | 2,079,821 | ' | -666,000 | ' | 1,413,877 |
Issuance of common stock and warrants for cash and subscriptions receivable ($48/unit - post reverse split) (in shares) | | ' | ' | 55,757 | ' | ' | ' | ' | ' |
Issuance of subsidiary common stock for cash and subscriptions receivable ($24 - $48/share - post reverse split) | | ' | ' | ' | 8,000 | ' | ' | ' | 8,000 |
Issuance of common stock for cash and subscriptions receivable ($24 - $48/share), ($12 - $48/share), ($24 - $48/share) for June 30, 2011, June 30, 2012, June 30, 2013 respectively (post reverse split) | | ' | ' | 41 | 1,286,509 | ' | -50,300 | ' | 1,236,250 |
Issuance of common stock for cash and subscriptions receivable ($24 - $48/share), ($12 - $48/share), ($24 - $48/share) for June 30, 2011, June 30, 2012, June 30, 2013 respectively (post reverse split) (in shares) | | ' | ' | 40,601 | ' | ' | ' | ' | ' |
Receipt of cash for subscriptions receivable | | ' | ' | ' | ' | ' | 892,800 | ' | 892,800 |
Net loss - July 1, 2012 to April 11, 2013 | | ' | ' | ' | ' | -2,736,880 | ' | ' | -2,736,880 |
Segregation of non-controlling interest in subsidiary on reverse capitalization | | ' | ' | -58 | -243,018 | ' | ' | 243,076 | ' |
Segregation of non-controlling interest in subsidiary on reverse capitalization (in shares) | | ' | ' | -57,878 | ' | ' | ' | ' | ' |
Issuance of common stock in reverse recapitalization | | ' | ' | 39 | -459,531 | ' | 177,500 | ' | -281,992 |
Issuance of common stock in reverse recapitalization (in shares) | | ' | ' | 39,451 | ' | ' | ' | ' | ' |
Exchange of subsidiary preferred stock for ECHI preferred stock | | -75 | ' | ' | 75 | ' | ' | ' | ' |
Exchange of subsidiary preferred stock for ECHI preferred stock (in shares) | | -74,987 | ' | ' | ' | ' | ' | ' | ' |
Direct offering costs | | ' | ' | ' | -83,776 | ' | ' | ' | -83,776 |
Receipt of cash for subsidiary's subscriptions receivable | | ' | ' | ' | 145,500 | ' | ' | ' | 145,500 |
Net loss - April 12, 2013 to June 30, 2013 | | ' | ' | ' | ' | -926,279 | ' | -200,064 | -1,126,343 |
Balance at Jun. 30, 2013 | | 25 | ' | 362 | 6,505,602 | -5,854,847 | ' | 43,012 | 694,154 |
Balance (in shares) at Jun. 30, 2013 | | 25,013 | ' | 363,117 | ' | ' | ' | ' | ' |
Increase (Decrease) in Stockholders' Equity [Roll Forward] | | ' | ' | ' | ' | ' | ' | ' | ' |
Issuance of subsidiary common stock and warrants for cash and subscriptions receivable ($48/unit - post reverse split) | | ' | ' | ' | 278,351 | ' | ' | ' | 278,351 |
Issuance of Subsidiary common stock on exercise of warrants | | ' | ' | ' | 353,750 | ' | ' | ' | 353,750 |
Issuance of common stock upon exercise of warrants | | ' | ' | 461 | 410,539 | ' | -90,500 | ' | 320,500 |
Issuance of common stock upon exercise of warrants (in shares) | | ' | ' | 460,585 | ' | ' | ' | ' | ' |
Issuance of common stock for services ($16 - $36/share - post reverse split)- June 31,2013 ($14 - $36/share - post reverse split) - Sept 30, 2013 | | ' | ' | 55 | 7,610 | ' | ' | ' | 7,665 |
Issuance of common stock for services ($16 - $36/share - post reverse split) (in shares) | | ' | ' | 55,391 | ' | ' | ' | ' | ' |
Issuance of common stock for services - founders shares ($0.048/share - post reverse split), ($14 - $36/share), for June 30, 2010, June 30, 2012 respectively, ($14 - $36/share), ($16 - $36/share) June 30, 2013 (post reverse split) ($14 - $36/share - post reverse split) Sept 30, 2013 | [1] | ' | ' | ' | ' | ' | ' | ' | 6 |
Issuance of common stock for services - founders shares ($0.048/share - post reverse split), ($14 - $36/share), for June 30, 2010, June 30, 2012 respectively, ($14 - $36/share), ($16 - $36/share) June 30, 2013 (post reverse split) (in shares) ($14 - $36/share - post reverse split) Sept 30, 2013 | [1] | ' | ' | ' | ' | ' | ' | ' | 43 |
Direct offering costs | | ' | ' | ' | -198,961 | ' | ' | ' | -198,961 |
Issuance of common stock in exchange for subsidiary common stock | | ' | ' | 3,125 | -3,125 | ' | ' | ' | ' |
Issuance of common stock in exchange for subsidiary common stock (in shares) | | ' | ' | 3,125,103 | ' | ' | ' | ' | ' |
Issuance of convertible series B preferred stock as a dividend | | ' | 434 | ' | 3,006,681 | -3,007,115 | ' | ' | ' |
Issuance of convertible series B preferred stock as a dividend (in shares) | | ' | 434,554 | ' | ' | ' | ' | ' | ' |
Issuance of common stock and warrants for cash and subscriptions receivable ($48/unit - post reverse split) | | ' | ' | 236 | 136,014 | ' | ' | ' | 136,250 |
Issuance of common stock and warrants for cash and subscriptions receivable ($48/unit - post reverse split) (in shares) | | ' | ' | 236,250 | ' | ' | ' | ' | ' |
Issuance of common stock dividend | | ' | ' | 121 | 16,682 | -16,803 | ' | ' | ' |
Issuance of common stock dividend (in shares) | | ' | ' | 121,412 | ' | ' | ' | ' | ' |
Issuance of common stock upon conversion of series B preferred stock | | ' | -109 | 5,429 | -5,320 | ' | ' | ' | ' |
Issuance of common stock upon conversion of series B preferred stock (in shares) | | ' | -108,586 | 5,429,300 | ' | ' | ' | ' | 108,586 |
Net loss | | ' | ' | ' | ' | -1,915,223 | ' | -30,589 | -1,945,812 |
Balance at Dec. 31, 2013 | | $25 | $325 | $9,789 | $10,507,823 | ($10,793,988) | ($90,500) | $12,423 | ($354,103) |
Balance (in shares) at Dec. 31, 2013 | | 25,013 | 325,968 | 9,791,158 | ' | ' | ' | ' | ' |
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[1] | Valuation is based upon an unrelated third party report. | |