Red Giant Entertainment 10-K 5 Dec 13 2013 FY Annual report Financial data

Document_and_Entity_Informatio

Document and Entity Information (USD $)	12 Months Ended
	Aug. 31, 2013	Nov. 29, 2013	Feb. 28, 2013
Document And Entity Information	'	'	'
Entity Registrant Name	'Red Giant Entertainment, Inc.,	'	'
Entity Central Index Key	'0001411179	'	'
Document Type	'10-K	'	'
Document Period End Date	31-Aug-13	'	'
Amendment Flag	'false	'	'
Current Fiscal Year End Date	'--08-31	'	'
Is Entity a Well-known Seasoned Issuer?	'No	'	'
Is Entity a Voluntary Filer?	'No	'	'
Is Entity's Reporting Status Current?	'Yes	'	'
Entity Filer Category	'Smaller Reporting Company	'	'
Entity Public Float	'	'	$41,384,280
Entity Common Stock, Shares Outstanding	'	457,558,273	'
Document Fiscal Period Focus	'FY	'	'
Document Fiscal Year Focus	'2013	'	'

Balance_Sheets

Balance Sheets (USD $)	Aug. 31, 2013	Aug. 31, 2012
Current Assets	'	'
Cash and cash equivalents	$14,937	$269
Inventory	52,107	10,928
Prepaid and other current assets	82,000	20,000
Total Current Assets	149,044	31,197
Property and equipment, net of accumulated depreciation of $996 and $56, respectively	10,548	3,277
Intellectual property, net of accumulated amortization of $15,600 and $9,750, respectively	13,650	19,500
TOTAL ASSETS	173,242	53,974
LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT)	'	'
Accounts payable and accrued expenses	81,332	19,777
Due to related parties	39,187	'
Convertible notes payable	100,710	'
Derivative liability	271,321	'
Total Current Liabilities	492,550	19,777
TOTAL LIABILITIES	492,550	19,777
Commitments and Contingencies	'	'
Stockholders' Equity (Deficit)	'	'
Preferred stock: 100,000 authorized; $0.0001 par value 0 shares issued and outstanding	'	'
Common stock: 900,000,000 authorized; $0.0001 par value 434,922,000 and 434,922,000 shares issued and outstanding	43,492	43,492
Discount on Common Stock	-1,947	-1,947
Treasury stock, at cost, 1,785,900 shares	-55,000	'
Accumulated deficit	-305,853	-7,348
Total Stockholders' (Deficit) Equity	-319,308	34,197
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT)	$173,242	$53,974

Balance_Sheets_Parenthetical

Balance Sheets (Parenthetical) (USD $)	Aug. 31, 2013	Aug. 31, 2012
Current Assets	'	'
Property and equipment, net of accumulated depreciation	$996	$56
Intellectual property, net of accumulated amortization	$15,600	$9,750
Stockholders' (Deficit) Equity	'	'
Preferred stock, par value	$0.00	$0.00
Preferred stock, shares authorized	100,000	100,000
Preferred stock, shares issued	0	0
Preferred stock, shares outstanding	0	0
Common stock, par value	$0.00	$0.00
Common stock, shares authorized	900,000,000	900,000,000
Common stock, shares issued	434,922,000	434,922,000
Common stock, shares outstanding	434,922,000	434,922,000

Statements_of_Operations_unaud

Statements of Operations (unaudited) (USD $)	8 Months Ended	12 Months Ended
	Aug. 31, 2012	Aug. 31, 2013
Statements Of Operations	'	'
Revenues	$97,486	$497,486
Cost of sales	69,651	148,215
Gross Profit	27,835	349,271
Selling and marketing	6,175	50,373
General & administrative	5,376	180,189
Compensation	7,302	52,781
Professional	21,495	131,732
Depreciation and amortization	3,956	6,790
Total operating expenses	44,304	421,865
Net loss from operations	-16,469	-72,594
Other income (expense)	'	'
Interest expense	'	-112,090
Change in derivative	'	-113,821
Income taxes	'	'
Net loss	($16,469)	($298,505)
Basic and dilutive loss per share	$0	$0
Weighted average number of shares outstanding	283,256,663	434,922,000

Consolidated_Statement_of_Stoc

Consolidated Statement of Stockholders' Deficit (USD $)	Preferred Stock	Common Stock	Additional Paid-In Capital	Discount on common stock	Treasury Shares	Accumulated Earning (Deficit)	Total
Beginning Balance, Amount at Dec. 31, 2011	'	$24,000	$6,676	'	'	$9,121	$39,797
Beginning Balance, Shares at Dec. 31, 2011	'	240,000,000	'	'	'	'	'
Recapitalization from reverse merger, Amount	'	19,492	-17,545	-1,947	'	'	'
Recapitalization from reverse merger, Shares	'	194,922,000	'	'	'	'	'
Contributed capital	'	'	10,869	'	'	'	10,869
Net Loss	'	'	'	'	'	-16,469	-16,469
Ending Balance, Amount at Aug. 31, 2012	'	43,492	'	-1,947	'	-7,348	34,197
Ending Balance, Shares at Aug. 31, 2012	'	434,922,000	'	'	'	'	'
Stock buy back program, Amount	'	'	'	'	-55,000	'	-55,000
Stock buy back program, Shares	'	'	'	'	1,785,900	'	'
Acquisition of CosmicGenisis	'	'	45,000	'	'	'	'
Contribution of capital	'	'	-45,000	'	'	'	'
Net Loss	'	'	'	'	'	-298,505	-298,505
Ending Balance, Amount at Aug. 31, 2013	'	$43,492	'	($1,947)	($55,000)	($305,853)	($319,308)
Ending Balance, Shares at Aug. 31, 2013	'	434,922,000	'	'	1,785,900	'	'

Statements_of_Cash_Flow_Unaudi

Statements of Cash Flow (Unaudited) (USD $)	8 Months Ended	12 Months Ended
	Aug. 31, 2012	Aug. 31, 2013
CASH FLOWS FROM OPERATING ACTIVITIES:	'	'
Net loss	($16,469)	($298,505)
Adjustment to reconcile Net Income to net cash provided by operations:	'	'
Depreciation & amortization	3,956	6,790
Amortization of deferred financing costs	'	100,710
Change in derivative	'	113,821
(Increase) decrease in operating assets:	'	'
Inventory	5,373	-41,179
Prepaid expenses and other assets	-20,000	-62,000
Increase (decrease) in operating liabilities:	'	'
Accounts payable and accrued expenses	19,776	61,555
Total adjustments	9,105	179,697
Net Cash (Used in) Operating Activities	-7,364	-118,808
CASH FLOWS FROM INVESTING ACTIVITIES:	'	'
Acquisition of property and equipment	-3,333	-8,211
Acquisition of intangible property	'	'
Net Cash (Used in) Investing Activities	-3,333	-8,211
CASH FLOWS FROM FINANCING ACTIVITIES:	'	'
Shareholder loans, net	'	39,187
Proceeds from Loan(s)	'	157,500
Purchase of treasury stock, at cost	'	-55,000
Capital contributed	10,869	'
Net Cash Provided by Financing Activities	10,869	141,687
Net increase in cash and cash equivalents	172	14,668
Cash and cash equivalents, beginning of period	97	269
Cash and cash equivalents, end of period	269	14,937
Supplemental cash flow information	'	'
Cash paid for interest	'	'
Cash paid for taxes	'	'

Organization_and_Description_o

Organization and Description of Business	12 Months Ended
	Aug. 31, 2013
Notes to Financial Statements	'
Note 1. Organization and Description of Business	'
	Red Giant Entertainment LLC, (hereinafter “the Company”) was formed in the State of Florida, U.S.A., on January 1, 2011. The Company’s fiscal year end is December 31. On May 9, 2012, the Company incorporated and changed its name to Red Giant Entertainment, Inc. (“RGE”) All income and expenses in these financial statements have been recharacterized for reporting purposes to be all inclusive for the corporate entity. The Company was originally a publishing company, but has expanded its operations to include mass media and graphic novel artwork development.
	On June 11, 2012, Castmor Resources Ltd., a Nevada corporation  entered into a Share Exchange Agreement (the “Share Exchange Agreement”) with Red Giant Entertainment Inc., and Benny R. Powell, who had owned 100% of the issued and outstanding shares in RGE. Pursuant to the terms and conditions of the Share Exchange Agreement, RGE exchanged 100% of the outstanding shares in RGE for forty million (40,000,000; 240,000,000 post split) newly-issued restricted shares of the Company’s common stock. Due to the recapitalization and reverse merger with Castmor Resources Ltd, 32,487,000 shares (194,922,000 post split) were issued in the entity. The Company subsequently approved a 6 to 1 forward stock split of all shares of record in June, 2012.
	The exchange resulted in RGE becoming a wholly-owned subsidiary of the Company.   As a result of the Share Exchange Agreement, the Company will now conduct all current operations through Red Giant Entertainment, and our principal business became the business of RGE.  The Company’s fiscal year end adopted August 31.   All share information has been restated for both the reverse merger and the forward stock split for all periods presented.

Summary_of_Significant_Account

Summary of Significant Accounting Policies	12 Months Ended
	Aug. 31, 2013
Notes to Financial Statements	'
Note 2. Summary of Significant Accounting Policies	'
	The financial statements of the Company have been prepared in accordance with the generally accepted accounting principles in the United States of America. Because a precise determination of many assets and liabilities is dependent upon future events, the preparation of financial statements for a period necessarily involves the use of estimates that have been made using careful judgment. The financial statements have, in management’s opinion been properly prepared within reasonable limits of materiality and within the framework of the significant accounting policies summarized below:
	Principles of Consolidation
	The Company operates under the name of Red Giant Entertainment, Inc. and its wholly owned subsidiaries Active Media, LLC and ComicGenesis, LLC.  The companies have been incorporated for the intentions of developing brand names.  The wholly owned companies are inactive.  Any activities of these subsidiaries or holdings have been included in the consolidated financial statements, with elimination of any intercompany accounts and transactions.
	Accounting Method
	The Company’s financial statements are prepared using the accrual basis of accounting in accordance with accounting principles generally accepted in the United States of America and have been consistently applied in the preparation of the financial statements.
	Reclassification
	Certain amounts in the prior period financial statements have been reclassified to conform to the current period presentation.   These reclassifications had no effect on reported losses.
	Use of Estimates
	The preparation of consolidated financial statements in conformity with generally accepted accounting principles 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 the reported amounts of revenues and expenses for the reporting period. The Company reviews its estimates on an ongoing basis. The estimates were based on historical experience and on various other assumptions that the Company believes to be reasonable under the circumstances. Actual results could differ from these estimates. The Company believes the judgments and estimates required in its accounting policies to be critical in the preparation of the Company’s financial statements.
	Fair Value Measurements
	Topic 820 in the Accounting Standards Codification (ASC 820) defines fair value, establishes a framework for measuring fair value in generally accepted accounting principles and expands disclosures about fair value measurements. ASC 820 applies whenever other standards require (or permit) assets or liabilities to be measured at fair value but does not expand the use of fair value in any new circumstances. In this standard, the FASB clarifies the principle that fair value should be based on the assumptions market participants would use when pricing the asset or liability. In support of this principle, ASC 820 establishes a fair value hierarchy that prioritizes the information used to develop those assumptions. The fair value hierarchy is as follows:
	·	Level 1 inputs - Unadjusted quoted process in active markets for identical assets or liabilities that the entity has the ability to access at the measurement date.
	·	Level 2 inputs - Inputs other than quoted prices included in Level 1 that are observable for the asset or liability, either directly or indirectly. These might include quoted prices for similar assets and liabilities in active markets, and inputs other than quoted prices that are observable for the asset or liability, such as interest rates and yield curves that are observable at commonly quoted intervals.
	·	Level 3 inputs - Unobservable inputs for determining the fair values of assets or liabilities that reflect an entity’s own assumptions about the assumptions that market participants would use in pricing the assets or liabilities.
	The Company currently does not have any assets that are measured at fair value on a recurring or non-recurring basis, consequently, the Company did not have any fair value adjustments for assets and liabilities measured at fair value at August 31, 2013, nor gains or losses reported in the statement of operations that are attributable to the change in unrealized gains or losses relating to those assets and liabilities still held at the reporting date for the period ended August 31, 2013.
	Cash and Cash Equivalents
	For purposes of the statement of cash flows, the Company considers all highly liquid investments and short-term debt instruments with original maturities of three months or less to be cash equivalents. As of August 31, 2013, the company has $14,937 of cash equivalents.
	Accounts Receivable and Credit
	The Company currently does not issue credit on services or product provided, therefore there are no accounts receivable.  No allowance for doubtful accounts is considered necessary to be established for amounts that may not be recoverable, since there has been no credit issued.
	Asset Retirement Obligations
	The Company has adopted ASC 410, Asset Retirement and Environmental Obligations, which requires that the fair value of a liability for an asset retirement obligation be recognized in the period in which it is incurred. ASC 410 requires the Company to record a liability for the present value of the estimated site restoration costs with corresponding increase to the carrying amount of the related long-lived assets. The liability will be accreted and the asset will be depreciated over the life of the related assets. Adjustments for changes resulting from the passage of time and changes to either the timing or amount of the original present value estimate underlying the obligation will be made. As at August 31, 2013, the Company does not have any asset retirement obligations.
	Long-lived Assets Impairment
	Long-lived assets of the Company are reviewed for impairment whenever events or circumstances indicate that the carrying amount of assets may not be recoverable, pursuant to guidance established in ASC 360, Property, Plant and Equipment. Management considers assets to be impaired if the carrying value exceeds the future projected cash flows from related operations (undiscounted and without interest charges). If impairment is deemed to exist, the assets will be written down to fair value. Fair value is generally determined using a discounted cash flow analysis.
	Property, Plant and Equipment
	Property, plant and equipment are recorded at historical cost and capitalized. Depreciation is calculated on a straight-line basis over the estimated useful life of the asset. The Company currently has equipment being depreciated for estimated lives of three to five years.
	Revenue Recognition
	Revenue for the Company is recognized from three primary sources: Advertising Revenue, Publishing Sales and Creative Services. Revenue was processed through our Paypal Account and Project Wonderful accounts where applicable.
	Advertising Revenue comes from the following sources and is stated at net after commissions:
	o	Keenspot:  Revenue is earned on a net 90 basis and is based upon traffic to Red Giant property Web sites.  It is calculated on a Cost Per Thousand (CPM) of verified impressions and varies based upon bids by advertisers and other customary factors.  In exchange for advertising, hosting, IT, and sales management, Keenspot takes 50% commission of ad revenue for their services.
	o	Project Wonderful: Revenue is paid immediately and based upon bids by advertisers for a set amount of time at the prevailing highest winning rate.  Project Wonderful takes a 25% commission of ad revenue for their services.
	Publishing Revenue comes from the following sources:
	o	Kickstarter Campaigns:  These are presales for books and revenue is recognized only once the books arrive and are shipped to the buyers.
	o	Direct Sales:  Through our online store, we sell directly to clients and the transactions process through our credit processing service (Paypal) account.  All orders are shipped immediately and revenue is recognized immediately.
	Creative Services are artwork, writing, advertising, and other creative endeavors we handle for outside clients. Revenue is recognized upon completion of the services and payment has been tendered.
	Shipping and Handling for purchases are paid directly by the consumer through a credit processing service.
	Cost of Goods Sold
	Cost of goods sold includes the cost of creating services or artwork, advertising and books.
	Advertising
	Advertising costs are expensed as incurred. The Company expensed advertising costs of $3,506 and $962 for the periods ending August 31, 2013 and 2012, respectively.
	Share-based Compensation
	In accordance with FASB ASC No. 718, Compensation – Stock Compensation (“ASC 718”). Under ASC 718, companies are required to measure the compensation costs of share-based compensation arrangements based on the grant-date fair value and recognize the costs in the financial statements over the period during which employees are required to provide services. Share-based compensation arrangements include stock options, restricted share plans, performance-based awards, share appreciation rights and employee share purchase plans. As such, compensation cost is measured on the date of grant at their fair value. Such compensation amounts, if any, are amortized over the respective vesting periods of the option grant. The Company applies this statement prospectively.
	Equity instruments (“instruments”) issued to other than employees are recorded on the basis of the fair value of the instruments, as required by FASB ASC 718. FASB ASC No. 505, Equity Based Payments to Non-Employees (“ASC 505”) defines the measurement date and recognition period for such instruments. In general, the measurement date is (a) when a performance commitment, as defined, is reached or (b) when the earlier of (i) the non-employee performance is complete or (ii) the instruments are vested. The measured value related to the instruments is recognized over a period based on the facts and circumstances of each particular grant as defined in the ASC 505.  During the periods ending August 31, 2013 and 2012, there were no stock-based shares issued.
	Income Taxes
	The Company has adopted ASC 740, Income Taxes, which requires the Company to recognize deferred tax liabilities and assets for the expected future tax consequences of events that have been recognized in the Company’s financial statements or tax returns using the liability method. Under this method, deferred tax liabilities and assets are determined based on the temporary differences between the financial statement and tax bases of assets and liabilities using enacted tax rates in effect in the years in which the differences are expected to reverse.
	Earnings (Loss) Per Share
	The Company follows financial accounting standards, which provides for calculation of "basic" and "diluted" earnings per share. Basic earnings per share includes no dilution and is computed by dividing net income available to common shareholders by the weighted average common shares outstanding for the period. Diluted earnings per share reflect the potential dilution of securities that could share in the earnings of an entity similar to fully diluted earnings per share. There were approximately 28,985,500 common stock equivalents outstanding, attributable to the convertible debt agreements as of August 31, 2013.
	Recent Accounting Pronouncements
	In July 2012, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) No. 2012-02, “Intangibles—Goodwill and Other (Topic 350): Testing Indefinite-Lived Intangible Assets for Impairment” (the “Update”). The Update simplifies the guidance for testing the decline in the realizable value (impairment) of indefinite-lived intangible assets other than goodwill. Examples of intangible assets subject to the guidance include indefinite-lived trademarks, licenses and distribution rights. The new standard is effective for fiscal years beginning after September 15, 2012. As of May 31, 2013, none of the Company’s intangible assets are amortized as indefinite-lived intangible assets. Therefore, the adoption of this amendment is not expected to have a material impact on the Company’s financial position or results of operations.
	We have reviewed the FASB issued Accounting Standards Update (“ASU”) accounting pronouncements and interpretations thereof that have effectiveness dates during the periods reported and in future periods. The Company has carefully considered the new pronouncements that alter previous generally accepted accounting principles and does not believe that any new or modified principles will have a material impact on the corporation’s reported consolidated financial position or consolidated operations in the near term. The applicability of any standard is subject to the formal review of our financial management and certain standards are under consideration.

Management_Statement_Regarding

Management Statement Regarding Going Concern	12 Months Ended
	Aug. 31, 2013
Notes to Financial Statements	'
Note 3. Management Statement Regarding Going Concern	'
	The Company is currently generating revenues from operations sufficient to meet its operating expenses. However, our management believes that given the current economic environment and the continuing need to strengthen our cash position, there is still doubt about the Company's ability to continue as a going concern. Management is currently pursuing various funding options, including seeking debt or equity financing, licensing opportunities, as well as a strategic or other transaction, to obtain additional funding to continue the development of, and successfully commercialize, its products. There can be no assurance that the Company will be successful in its efforts and this raises substantial doubt about the Company’s future. Should the Company be unable to obtain adequate financing or generate sufficient revenue in the future, the Company’s business, results of operations, liquidity and financial condition would be materially and adversely harmed, and the Company will be unable to continue as a going concern.
	The Company believes that its ability to execute its business plan, and therefore continue as a going concern, is dependent upon its ability to do the following:
		·	Obtain adequate sources of funding to fund long-term business operations;
		·	Enter into a licensing or other relationship that allows the Company to commercialize its products;
		·	Manage or control working capital requirements; and
		·	Develop new and enhance existing relationships with product distributors and other points of distribution for the Company’s products.
	There can be no assurance that the Company will be successful in achieving its short- or long-term plans as set forth above, or that such plans, if consummated, will enable the Company to obtain profitable operations or continue in the long-term as a going concern.

Inventory

Inventory	12 Months Ended
	Aug. 31, 2013
Notes to Financial Statements	'
Note 4. Inventory	'
	As of August 31, 2013, inventory consisted of physical copies of published books, as well as artwork that’s used for digitally distributed works for advertising revenue and future publications. The inventory is valued at a standard cost to produce.
	Prepaid expenses include advanced funds for the production of our print.  As of August 31, 2013 and 2012, these advanced payments were $82,000 and $20,000, respectively, which were made to a related party.

Property_And_Equipment

Property And Equipment	12 Months Ended
	Aug. 31, 2013
Notes to Financial Statements	'
Note 5. Property And Equipment	'
	Property and equipment consists of:
		August 31,
		2013		2012
	Computers and equipment	$	3,333	$	3,333
	Trade booth and equipment		8,211		--
	Total property and equipment	$	11,544	$	3,333
	Less accumulated depreciation		996		56
	Property and equipment, net	$	10,548	$	3,277
	Depreciation for the periods ended August 31, 2013 and 2012 was $640 and $56, respectively.

Intellectual_Property

Intellectual Property	12 Months Ended
	Aug. 31, 2013
Notes to Financial Statements	'
Note 6. Intellectual Property	'
	The Company's intellectual property consists of graphic novel artwork and was contributed by a shareholder to the Company and valued at $29,250, which was determined based on the historical costs for artists and printing. The intangible is being amortized over its estimated life of five years.
		August 31,
		2013		2012
	Intellectual property	$	29,250	$	29,250
	Less accumulated amortization		15,600		9,750
	Intellectual property, net	$	13,650	$	19,500
	Amortization cost for the periods ended August 31, 2013 and 2012 was $5,850 and $3,900 respectively. The Company expects to amortize the remaining $13,650 over the remaining life of approximately three years at $5,850 per year.
	Future amortization:
	2013	$	5,850
	2014		5,850
	2015		1,950
	thereafter		-
		$	13,650

Convertible_Notes_Payable

Convertible Notes Payable	12 Months Ended
	Aug. 31, 2013
Notes to Financial Statements	'
Note 7. Convertible Notes Payable	'
	The Company entered into lending arrangements with two entities, each with convertible features. The Company evaluated the terms of the convertible notes, with face values totaling $157,500, in accordance with ASC Topic No. 815 - 40, Derivatives and Hedging - Contracts in Entity’s Own Stock and that the underlying common stock is indexed to the Company’s common stock. The Company determined that the conversion features meet the definition of a liability and therefore bi-furcated the conversion feature and accounted for it as a separate derivative liability. The Company evaluated the conversion feature for a beneficial conversion feature. The effective conversion price was compared to the market price on the date of the note and was deemed to be less than the market value of underlying common stock at the inception of the note. Therefore, the Company recognized a debt discount on the notes in the amount of $157,500 on the origination date. The debt discount was recorded as reduction (contra-liability) to the Convertible Notes Payable. The debt discount is being amortized over the life of the notes.  Additionally, the notes called for an immediate withholding of $5,000 for service charges, which has been treated as an original issue discount or deferred financing costs, a contra-liability charge, which is to be amortized as finance cost over the life of the loan.  Expense, in the amount of $100,710 was recognized for the period ended August 31, 2013.
	A derivative liability, in the amount of $271,321 has been recorded, as of August 31, 2013, related to the above notes.  The derivative value was calculated using the Black-Scholes method.  Assumptions used in the derivative valuation were as follows:
	Weighted Average:
	Dividend rate		0	%
	Risk-free interest rate		0.05	%
	Expected lives (years)		0.563
	Expected price volatility		288.2	%
	Forfeiture Rate		0	%
	The convertible notes outstanding as of August 31 are summarized below:
		2013			2012
	Convertible promissory note, dated April 15, 2013, original face value of $130,000, maturing April 15, 2014, 9.9% interest. Conversion price shall be equal to 60% (40% discount) of the lowest trading price of any day during the 10 consecutive trading days prior to the date on which Holder elects to convert all or part of the note.	$	130,000		$	--
	Convertible promissory note, dated August 5, 2013, original face value of $27,500, maturing February 5, 2014, 10% interest. Conversion price shall be equal to 55% (45% discount) of the average of the three lowest trades on the previous 10 trading days prior to the date of conversion, with a maximum conversion price equal to the that price that would be obtained if the conversion were to be made on the date that the note was executed.		27,500			--
	Total debt	$	157,500		$	--
	Less: unexpired debt discounts and deferred finance costs		56,790			--
	Total	$	100,710		$	--
	Unexpired debt discounts and deferred finance costs, in the amount of $56,790, will be recognized as interest expense in for year ending August 31, 2014.  If converted as of August 31, 2013, there would be approximately 28,985,500 additional shares to be issued.

Provision_for_Income_Taxes

Provision for Income Taxes	12 Months Ended
	Aug. 31, 2013
Notes to Financial Statements	'
Note 8. Provision for Income Taxes	'
	Income taxes are provided based upon the liability method. Under this approach, deferred income taxes are recorded to reflect the tax consequences in future years of differences between the tax basis of assets and liabilities and their financial reporting amounts at each year-end. A valuation allowance is recorded against deferred tax assets if management does not believe the Company has met the “more likely than not” standard imposed by accounting standards to allow recognition of such an asset.
	At August 31, 2013 and 2012, the Company expected no net deferred tax assets to be recognized, resulting from net operating losses.  Deferred tax assets were offset by a corresponding allowance of 100%.
	For the tax year ended December 31, 2011, the predecessor entity to Red Giant Entertainment, Inc. was a limited liability company, and as such, all tax benefits and obligations passed through the entity to its members. No provisions have been made at December 31, 2011, nor does management believe that any tax modifications would have a material effect on the financials. The company has accrued approximately $1,300 in penalties associated with delinquent filings.
	Although Management believes that its estimates are reasonable, no assurance can be given that the final tax outcome of these matters will not be different than that which is reflected in our tax provisions. Ultimately, the actual tax benefits to be realized will be based upon future taxable earnings levels, which are very difficult to predict.
	Accounting for Income Tax Uncertainties and Related Matters
	The Company may be assessed penalties and interest related to the underpayment of income taxes. Such assessments would be treated as a provision of income tax expense on the financial statements. At August 31, 2013, the tax return for 2011 and 2012 has not being filed. No income tax expense has been realized as a result of operations and no income tax penalties and interest have been accrued related to uncertain tax positions. The Company has not filed a tax return for the new entity.  These filings will be subject to a three year statute of limitations. No adjustments have been made to reduce the estimated income tax benefit at fiscal year end. Any valuations relating to these income tax provisions will comply with U.S. generally accepted accounting principles.

Capital_Stock

Capital Stock	12 Months Ended
	Aug. 31, 2013
Notes to Financial Statements	'
Note 9. Capital Stock	'
	The Company has 100,000,000 shares of preferred stock authorized and none have been issued.
	The Company has 900,000,000 shares of common stock authorized, of which 434,922,000 shares are issued and outstanding. All shares of common stock are non-assessable and non-cumulative, with no preemptive rights. During the year, the company purchased back 1,785,900 shares of its common stock.  As of the date of filing, these shares have not been cancelled and remain outstanding in the name of Red Giant Entertainment, Inc.  It is anticipated that these shares will be cancelled in the following quarter.
	During the eight months ended, August 31, 2012, $10,869 of contributed capital was added to additional paid in capital.
	In June, 2012, Castmor Resources Ltd., entered into Share Exchange Agreement (the “Share Exchange Agreement”) with Red Giant Entertainment Inc., (“RGE”), and Benny R. Powell, who had owned 100% of the issued and outstanding shares in RGE. Pursuant to the terms and conditions of the Share Exchange Agreement, RGE exchanged 100% of the outstanding shares in RGE for forty million (240,000,000 post split) newly-issued restricted shares of the Company’s common stock. Due to the recapitalization and reverse merger of Castmor Resources Ltd, an additional 32,487,000 (194,922,000 post split) shares were issued. The Company approved a 6 to 1 stock split of all shares issued in June of 2012. All share information has been restated for both the reverse merger and the forward stock split for all periods presented.
	During the year ending August 31, 2013 the Company entered into a stock buy-back plan, whereby 1,785,900 shares were repurchased for $55,000 cost.  The shares remain in the name of the Corporation until such time as they are cancelled.

Related_Parties

Related Parties	12 Months Ended
	Aug. 31, 2013
Notes to Financial Statements	'
Note 10. Related Parties	'
	Benny R. Powell was an officer and director of both parties to the merger. See Note 1. Mr. Powell continues as the Company’s officer and director post merger. Mr. Powell also provides rent and other services to the Company through his other ventures.
	The Company purchases print materials through a wholly owned entity, Active Media Publishing, Inc, (“AMPI”) of Mr. Powell.  AMPI has certain arrangements with overseas printing companies, whereby the printing is facilitated to the Company.  Agreement with AMPI states processing is at near cost prices on a non-exclusive basis.  During the year ended August 31, 2013, the Company purchased print media in the amount of $165,540.
	Keenspot has been paid or accrued commissions in the amount of approximately $6,785 for the year ending August 31, 2013.
	During the year ending August 31, 2013, the President and Chief Executive Officer has advanced assets in the amount of $39,187, which includes transfer of 3 million shares of common stock, personally held, to an unrelated vendor for securing services.  Those services were valued at $36,000, per the agreement and the fair value of the stock at the date of the exchange.  As of August 31, 2013 and 2012, the Company was indebted to the President and Chief Executive, in the amount of $39,187 and $0, respectively.
	The Company does not have employment contracts with its controlling shareholder who is President and Chief Executive Officer of the Company, although it has independent contractor agreements with its other officers.
	We also from time to time have retained Glass House Graphics, a sole proprietorship owned by David Campiti, our Chief Operating Officer and a member of the Board, to provide creative services for us. We paid an aggregate of $2,035 to Glass House Graphics in the fiscal year ended August 31, 2013.
	The amounts and terms of the above transactions may not necessarily be indicative of the amounts and terms that would have been incurred had comparable transactions been entered into with independent third parties.

Business_Segments

Business Segments	12 Months Ended
	Aug. 31, 2013
Notes to Financial Statements	'
Note 11. Business Segments	'
	The Company generates revenues from three service offerings: Advertising, Book publishing and Creative.  The Company’s management measures its performance by revenue lines and does not allocate its selling, general and administrative expenses to each revenue offering.  A summary of the lines of revenue are as follows:
		August 31,
		2013		2012
	Revenues:
	Advertising	$	6,842	$	5,538
	Book publishing		253,146		82,684
	Creative		237,498		9,264
			497,486		97,486
	Cost of Sales:
	Advertising		5,843		4,757
	Book publishing		112,792		51,936
	Creative		29,580		12,958
			148,215		69,651
	Gross Margin:
	Advertising		999		781
	Book publishing		140,354		30,748
	Creative		207,918		(3,694	)
		$	349,271	$	27,835

Commitments_And_Contingencies

Commitments And Contingencies	12 Months Ended
	Aug. 31, 2013
Notes to Financial Statements	'
Note 12. Commitments And Contingencies	'
	In the normal course of business, the Company may become a party to litigation matters involving claims against the Company. The Company's management is aware of a certain pending or threatened assertion and believe that the matter is without legal merit and if defense is successful would not have a material effect on the Company’s financial position or results of operations.
	Some of the officers and directors of the Company are involved in other business activities and may, in the future, become involved in other business opportunities that become available. They may face a conflict in selecting between the Company and other business interests. The Company has not formulated a policy for the resolution of such conflicts.

Subsequent_Events

Subsequent Events	12 Months Ended
	Aug. 31, 2013
Notes to Financial Statements	'
Note 13. Subsequent Events	'
	Subsequent to August 31, 2013, the Company issued 22,636,273 shares of its common stock, at a fair market value of $142,210 in exchange of debt totaling $62,000.  The Company will recognize a reduction in the derivative liability of $80,210.
	In period from September through November 2013 the Company issued four (4) convertible promissory notes with an aggregate face value of $311,500, interest of 8-12% interest, maturing in nine months to one year.
	Management has evaluated subsequent events through November 27, 2013. There was no event of which management was aware that occurred after the balance sheet date that would require any adjustment to, or disclosure in, the accompanying consolidated financial statements, except as mentioned above.

Summary_of_Significant_Account1

Summary of Significant Accounting Policies (Policies)	12 Months Ended
	Aug. 31, 2013
Notes to Financial Statements	'
Principles of Consolidation	'
	The Company operates under the name of Red Giant Entertainment, Inc. and its wholly owned subsidiaries Active Media, LLC and ComicGenesis, LLC.  The companies have been incorporated for the intentions of developing brand names.  The wholly owned companies are inactive.  Any activities of these subsidiaries or holdings have been included in the consolidated financial statements, with elimination of any intercompany accounts and transactions.
Accounting Method	'
	The Company’s financial statements are prepared using the accrual basis of accounting in accordance with accounting principles generally accepted in the United States of America and have been consistently applied in the preparation of the financial statements.
Reclassification	'
	Certain amounts in the prior period financial statements have been reclassified to conform to the current period presentation.   These reclassifications had no effect on reported losses.
Use of Estimates	'
	The preparation of consolidated financial statements in conformity with generally accepted accounting principles 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 the reported amounts of revenues and expenses for the reporting period. The Company reviews its estimates on an ongoing basis. The estimates were based on historical experience and on various other assumptions that the Company believes to be reasonable under the circumstances. Actual results could differ from these estimates. The Company believes the judgments and estimates required in its accounting policies to be critical in the preparation of the Company’s financial statements.
Fair Value Measurements	'
	Topic 820 in the Accounting Standards Codification (ASC 820) defines fair value, establishes a framework for measuring fair value in generally accepted accounting principles and expands disclosures about fair value measurements. ASC 820 applies whenever other standards require (or permit) assets or liabilities to be measured at fair value but does not expand the use of fair value in any new circumstances. In this standard, the FASB clarifies the principle that fair value should be based on the assumptions market participants would use when pricing the asset or liability. In support of this principle, ASC 820 establishes a fair value hierarchy that prioritizes the information used to develop those assumptions. The fair value hierarchy is as follows:
	·	Level 1 inputs - Unadjusted quoted process in active markets for identical assets or liabilities that the entity has the ability to access at the measurement date.
	·	Level 2 inputs - Inputs other than quoted prices included in Level 1 that are observable for the asset or liability, either directly or indirectly. These might include quoted prices for similar assets and liabilities in active markets, and inputs other than quoted prices that are observable for the asset or liability, such as interest rates and yield curves that are observable at commonly quoted intervals.
	·	Level 3 inputs - Unobservable inputs for determining the fair values of assets or liabilities that reflect an entity’s own assumptions about the assumptions that market participants would use in pricing the assets or liabilities.
	The Company currently does not have any assets that are measured at fair value on a recurring or non-recurring basis, consequently, the Company did not have any fair value adjustments for assets and liabilities measured at fair value at August 31, 2013, nor gains or losses reported in the statement of operations that are attributable to the change in unrealized gains or losses relating to those assets and liabilities still held at the reporting date for the period ended August 31, 2013.
Cash and Cash Equivalents	'
	For purposes of the statement of cash flows, the Company considers all highly liquid investments and short-term debt instruments with original maturities of three months or less to be cash equivalents. As of August 31, 2013, the company has $14,937 of cash equivalents.
Accounts Receivable and Credit	'
	The Company currently does not issue credit on services or product provided, therefore there are no accounts receivable.  No allowance for doubtful accounts is considered necessary to be established for amounts that may not be recoverable, since there has been no credit issued.
Asset Retirement Obligations	'
	The Company has adopted ASC 410, Asset Retirement and Environmental Obligations, which requires that the fair value of a liability for an asset retirement obligation be recognized in the period in which it is incurred. ASC 410 requires the Company to record a liability for the present value of the estimated site restoration costs with corresponding increase to the carrying amount of the related long-lived assets. The liability will be accreted and the asset will be depreciated over the life of the related assets. Adjustments for changes resulting from the passage of time and changes to either the timing or amount of the original present value estimate underlying the obligation will be made. As at August 31, 2013, the Company does not have any asset retirement obligations.
Long-lived Assets Impairment	'
	Long-lived assets of the Company are reviewed for impairment whenever events or circumstances indicate that the carrying amount of assets may not be recoverable, pursuant to guidance established in ASC 360, Property, Plant and Equipment. Management considers assets to be impaired if the carrying value exceeds the future projected cash flows from related operations (undiscounted and without interest charges). If impairment is deemed to exist, the assets will be written down to fair value. Fair value is generally determined using a discounted cash flow analysis.
Property, Plant and Equipment	'
	Property, plant and equipment are recorded at historical cost and capitalized. Depreciation is calculated on a straight-line basis over the estimated useful life of the asset. The Company currently has equipment being depreciated for estimated lives of three to five years.
Revenue Recognition	'
	Revenue for the Company is recognized from three primary sources: Advertising Revenue, Publishing Sales and Creative Services. Revenue was processed through our Paypal Account and Project Wonderful accounts where applicable.
	Advertising Revenue comes from the following sources and is stated at net after commissions:
	o	Keenspot:  Revenue is earned on a net 90 basis and is based upon traffic to Red Giant property Web sites.  It is calculated on a Cost Per Thousand (CPM) of verified impressions and varies based upon bids by advertisers and other customary factors.  In exchange for advertising, hosting, IT, and sales management, Keenspot takes 50% commission of ad revenue for their services.
	o	Project Wonderful: Revenue is paid immediately and based upon bids by advertisers for a set amount of time at the prevailing highest winning rate.  Project Wonderful takes a 25% commission of ad revenue for their services.
	Publishing Revenue comes from the following sources:
	o	Kickstarter Campaigns:  These are presales for books and revenue is recognized only once the books arrive and are shipped to the buyers.
	o	Direct Sales:  Through our online store, we sell directly to clients and the transactions process through our credit processing service (Paypal) account.  All orders are shipped immediately and revenue is recognized immediately.
	Creative Services are artwork, writing, advertising, and other creative endeavors we handle for outside clients. Revenue is recognized upon completion of the services and payment has been tendered.
	Shipping and Handling for purchases are paid directly by the consumer through a credit processing service.
Cost of Goods Sold	'
	Cost of goods sold includes the cost of creating services or artwork, advertising and books.
Advertising	'
	Advertising costs are expensed as incurred. The Company expensed advertising costs of $3,506 and $962 for the periods ending August 31, 2013 and 2012, respectively.
Share-based Compensation	'
	In accordance with FASB ASC No. 718, Compensation – Stock Compensation (“ASC 718”). Under ASC 718, companies are required to measure the compensation costs of share-based compensation arrangements based on the grant-date fair value and recognize the costs in the financial statements over the period during which employees are required to provide services. Share-based compensation arrangements include stock options, restricted share plans, performance-based awards, share appreciation rights and employee share purchase plans. As such, compensation cost is measured on the date of grant at their fair value. Such compensation amounts, if any, are amortized over the respective vesting periods of the option grant. The Company applies this statement prospectively.
	Equity instruments (“instruments”) issued to other than employees are recorded on the basis of the fair value of the instruments, as required by FASB ASC 718. FASB ASC No. 505, Equity Based Payments to Non-Employees (“ASC 505”) defines the measurement date and recognition period for such instruments. In general, the measurement date is (a) when a performance commitment, as defined, is reached or (b) when the earlier of (i) the non-employee performance is complete or (ii) the instruments are vested. The measured value related to the instruments is recognized over a period based on the facts and circumstances of each particular grant as defined in the ASC 505.  During the periods ending August 31, 2013 and 2012, there were no stock-based shares issued.
Income Taxes	'
	The Company has adopted ASC 740, Income Taxes, which requires the Company to recognize deferred tax liabilities and assets for the expected future tax consequences of events that have been recognized in the Company’s financial statements or tax returns using the liability method. Under this method, deferred tax liabilities and assets are determined based on the temporary differences between the financial statement and tax bases of assets and liabilities using enacted tax rates in effect in the years in which the differences are expected to reverse.
Earnings (Loss) Per Share	'
	The Company follows financial accounting standards, which provides for calculation of "basic" and "diluted" earnings per share. Basic earnings per share includes no dilution and is computed by dividing net income available to common shareholders by the weighted average common shares outstanding for the period. Diluted earnings per share reflect the potential dilution of securities that could share in the earnings of an entity similar to fully diluted earnings per share. There were approximately 28,985,500 common stock equivalents outstanding, attributable to the convertible debt agreements as of August 31, 2013.
Recent Accounting Pronouncements	'
	In July 2012, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) No. 2012-02, “Intangibles—Goodwill and Other (Topic 350): Testing Indefinite-Lived Intangible Assets for Impairment” (the “Update”). The Update simplifies the guidance for testing the decline in the realizable value (impairment) of indefinite-lived intangible assets other than goodwill. Examples of intangible assets subject to the guidance include indefinite-lived trademarks, licenses and distribution rights. The new standard is effective for fiscal years beginning after September 15, 2012. As of May 31, 2013, none of the Company’s intangible assets are amortized as indefinite-lived intangible assets. Therefore, the adoption of this amendment is not expected to have a material impact on the Company’s financial position or results of operations.
	We have reviewed the FASB issued Accounting Standards Update (“ASU”) accounting pronouncements and interpretations thereof that have effectiveness dates during the periods reported and in future periods. The Company has carefully considered the new pronouncements that alter previous generally accepted accounting principles and does not believe that any new or modified principles will have a material impact on the corporation’s reported consolidated financial position or consolidated operations in the near term. The applicability of any standard is subject to the formal review of our financial management and certain standards are under consideration.

Property_And_Equipment_Tables

Property And Equipment (Tables)	12 Months Ended
	Aug. 31, 2013
Notes to Financial Statements	'
Property And Equipment	'
		August 31,
		2013		2012
	Computers and equipment	$	3,333	$	3,333
	Trade booth and equipment		8,211		--
	Total property and equipment	$	11,544	$	3,333
	Less accumulated depreciation		996		56
	Property and equipment, net	$	10,548	$	3,277

Intellectual_Property_Tables

Intellectual Property (Tables)	12 Months Ended
	Aug. 31, 2013
Notes to Financial Statements	'
Intellectual Property	'
		August 31,
		2013		2012
	Intellectual property	$	29,250	$	29,250
	Less accumulated amortization		15,600		9,750
	Intellectual property, net	$	13,650	$	19,500
Amortization	'
	2013	$	5,850
	2014		5,850
	2015		1,950
	thereafter		-
		$	13,650

Convertible_Notes_Payable_Tabl

Convertible Notes Payable (Tables)	12 Months Ended
	Aug. 31, 2013
Notes to Financial Statements	'
Derivative valuation	'
	Weighted Average:
	Dividend rate		0	%
	Risk-free interest rate		0.05	%
	Expected lives (years)		0.563
	Expected price volatility		288.2	%
	Forfeiture Rate		0	%
Convertible notes	'
		2013			2012
	Convertible promissory note, dated April 15, 2013, original face value of $130,000, maturing April 15, 2014, 9.9% interest. Conversion price shall be equal to 60% (40% discount) of the lowest trading price of any day during the 10 consecutive trading days prior to the date on which Holder elects to convert all or part of the note.	$	130,000		$	--
	Convertible promissory note, dated August 5, 2013, original face value of $27,500, maturing February 5, 2014, 10% interest. Conversion price shall be equal to 55% (45% discount) of the average of the three lowest trades on the previous 10 trading days prior to the date of conversion, with a maximum conversion price equal to the that price that would be obtained if the conversion were to be made on the date that the note was executed.		27,500			--
	Total debt	$	157,500		$	--
	Less: unexpired debt discounts and deferred finance costs		56,790			--
	Total	$	100,710		$	--

Business_Segments_Tables

Business Segments (Tables)	12 Months Ended
	Aug. 31, 2013
Notes to Financial Statements	'
Lines of revenue	'
		August 31,
		2013		2012
	Revenues:
	Advertising	$	6,842	$	5,538
	Book publishing		253,146		82,684
	Creative		237,498		9,264
			497,486		97,486
	Cost of Sales:
	Advertising		5,843		4,757
	Book publishing		112,792		51,936
	Creative		29,580		12,958
			148,215		69,651
	Gross Margin:
	Advertising		999		781
	Book publishing		140,354		30,748
	Creative		207,918		(3,694	)
		$	349,271	$	27,835

Organization_and_Description_o1

Organization and Description of Business (Details Narrative)	12 Months Ended
	Aug. 31, 2013
Organization And Description Of Business Details Narrative	'
Company incorporated date	1-Jan-11
Company incorporated state	'State of Florida

Summary_of_Significant_Account2

Summary of Significant Accounting Policies (Details Narrative) (USD $)	12 Months Ended
	Aug. 31, 2013	Aug. 31, 2012	Dec. 31, 2011
Cash equivalents	$14,937	$269	$97
Advertising costs	$3,506	$962	'
Common stock equivalents outstanding	28,985,500	'	'
Maximum [Member]	'	'	'
Property, Plant and Equipment estimated useful life	'5 Years	'	'
Minimum [Member]	'	'	'
Property, Plant and Equipment estimated useful life	'3 Years	'	'

Inventory_Details_Narrative

Inventory (Details Narrative) (USD $)	Aug. 31, 2013	Aug. 31, 2012
Inventory Details Narrative	'	'
Advanced payments made to a related party	$82,000	$20,000

Property_And_Equipment_Details

Property And Equipment (Details) (USD $)	Aug. 31, 2013	Aug. 31, 2012
Property And Equipment Details	'	'
Computers and equipment	$3,333	$3,333
Trade booth and equipment	8,211	'
Total property and equipment	11,544	3,333
Less accumulated depreciation	996	56
Property and equipment, net	$10,548	$3,277

Property_And_Equipment_Details1

Property And Equipment (Details Narrative) (USD $)	12 Months Ended
	Aug. 31, 2013	Aug. 31, 2012
Property And Equipment Details Narrative	'	'
Depreciation	$640	$56

Intellectual_Property_Details

Intellectual Property (Details) (Intellectual Property [Member], USD $)	Aug. 31, 2013	Aug. 31, 2012
Intellectual Property [Member]	'	'
Intellectual property	$29,250	$29,250
Less accumulated amortization	15,600	9,750
Intellectual property, net	$13,650	$19,500

Intellectual_Property_Details1

Intellectual Property (Details1) (USD $)	Aug. 31, 2013
Intellectual Property Details1	'
2013	$5,850
2014	5,850
2015	1,950
thereafter	'
Future amortization	$13,650

Intellectual_Property_Details_

Intellectual Property (Details Narrative) (USD $)	12 Months Ended
	Aug. 31, 2013	Aug. 31, 2012
Intellectual Property Details Narrative	'	'
Intangible assets useful life	'5 years	'
Amortization cost	$5,850	$3,900

Convertible_Notes_Payable_Deta

Convertible Notes Payable (Details)	12 Months Ended
	Aug. 31, 2013
Convertible Notes Payable Details	'
Dividend rate	0.00%
Risk-free interest rate	0.05%
Expected lives (years)	'6 months 23 days
Expected price volatility	288.20%
Forfeiture Rate	0.00%

Convertible_Notes_Payable_Deta1

Convertible Notes Payable (Details 1) (USD $)	Aug. 31, 2013	Aug. 31, 2012
Total debt	$157,500	'
Less: unexpired debt discounts and deferred finance costs	56,790	'
Total	100,710	'
Convertible Debt [Member]	'	'
Total	130,000	'
Convertible Debt1 [Member]	'	'
Total	$27,500	'

Convertible_Notes_Payable_Deta2

Convertible Notes Payable (Details Narrative) (USD $)	Aug. 31, 2013
Convertible Notes Payable Details Narrative	'
Derivative Liability	$271,321

Provision_for_Income_Taxes_Det

Provision for Income Taxes (Details Narrative)	Aug. 31, 2013	Aug. 31, 2012
Provision For Income Taxes Details Narrative	'	'
Expected rate of tax on deferred tax assets	100.00%	100.00%

Capital_Stock_Details_Narrativ

Capital Stock (Details Narrative) (USD $)	8 Months Ended	12 Months Ended
	Aug. 31, 2012	Aug. 31, 2013
Capital Stock Details Narrative	'	'
Contributed capital	$10,869	'
Stock buy-back plan, shares	'	1,785,900
Stock buy-back plan, repurchase value	'	$55,000

Related_Parties_Details_Narrat

Related Parties (Details Narrative) (USD $)	12 Months Ended
	Aug. 31, 2013	Aug. 31, 2012
Purchased print media	$165,540	'
Accrued commissions	6,785	'
Advanced assets, amount	39,187	'
Transfer of shares	3,000,000	'
Paid to Glass House Graphics	2,035	'
President and Chief Executive [Member]	'	'
Indebted amount	$39,187	$0

Business_Segments_Details

Business Segments (Details) (USD $)	8 Months Ended	12 Months Ended
	Aug. 31, 2012	Aug. 31, 2013	Aug. 31, 2012
Revenues	$97,486	$497,486	$97,486
Cost of sales	69,651	148,215	69,651
Gross Profit	27,835	349,271	27,835
Advertising [Member]	'	'	'
Revenues	'	6,842	237,498
Cost of sales	'	5,843	29,580
Gross Profit	'	999	207,918
Book Publishing [Member]	'	'	'
Revenues	'	253,146	82,684
Cost of sales	'	112,792	51,936
Gross Profit	'	140,354	30,748
Creative [Member]	'	'	'
Revenues	'	5,538	9,264
Cost of sales	'	4,757	12,958
Gross Profit	'	$781	($3,694)