NanoFlex Power (OPVS) 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. 14, 2013
Document And Entity Information [Abstract]	'	'
Entity Registrant Name	'Universal Technology Systems Corp.	'
Entity Central Index Key	'0001571636	'
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	'	42,235,302

Balance_Sheets

Balance Sheets (USD $)	Sep. 30, 2013	Dec. 31, 2012
CURRENT ASSETS:	'	'
Cash	$1,141,568	$344,656
Prepaid expenses and other assets	13,645	26,429
Total current assets	1,155,213	371,085
Property and equipment, net	1,765	4,644
TOTAL ASSETS	1,156,978	375,729
CURRENT LIABILITIES:	'	'
Accounts payable	308,487	1,003,352
Accrued expenses	233,713	413,828
Accrued payroll	109,000	854,130
Accrued interest	99,000	530,502
Short-term debt- related party	100,000	'
Short-term debt, net of unamortized discounts of $-0- and $633,397, respectively	'	4,342,079
Short-term debt, related parties, net unamortized discount of $-0- and $32,742, respectively	'	500,000
Total current liabilities	850,200	7,643,891
TOTAL LIABILITIES	850,200	7,643,891
STOCKHOLDERS' EQUITY (DEFICIT):	'	'
Common Stock, 250,000,000 authorized, $0.0001 par value, 42,235,302 and 16,091,909 issued and outstanding, respectively	4,224	1,609
Additional paid in capital	170,402,315	125,754,517
Deficit accumulated during development stage	-170,099,761	-133,024,288
Total stockholders' equity (deficit)	306,778	-7,268,162
TOTAL LIABILITIES AND STOCKHOLDER’S EQUITY (DEFICIT)	$1,156,978	$375,729

Balance_Sheets_Parenthetical

Balance Sheets (Parenthetical) (USD $)	Sep. 30, 2013	Dec. 31, 2012
Balance Sheets [Abstract]	'	'
Short-term debt unamortized discounts	$0	$633,397
Short-term due to related party unamortized discount.	$0	$32,742
Common Stock, shares authorized	250,000,000	250,000,000
Common Stock, par value per share	$0.00	$0.00
Common Stock, shares issued	42,235,302	16,091,909
Common Stock, Shares, Outstanding	42,235,302	16,091,909

Statements_of_Operations

Statements of Operations (USD $)	3 Months Ended		9 Months Ended		236 Months Ended
	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013
OPERATING EXPENSES:	'	'	'	'	'
Research and Development Expense	$412,440	$144,397	$956,211	$654,655	$11,023,411
Research and development - stock-based compensation	'	'	'	'	3,623,294
Patent application and prosecution fees	690,996	556,701	1,263,417	956,529	11,922,312
Salaries and related expenses	835,985	527,146	1,373,281	1,207,031	16,154,245
Stock-based compensation	6,657,689	77,618	26,064,190	4,896,143	56,945,272
Selling, general and administrative expenses	830,241	106,332	1,140,242	467,556	7,274,602
Depreciation and amortization	2,173	1,467	2,879	2,173	8,765
Total operating expenses	9,429,524	1,413,661	30,800,220	8,184,087	106,951,901
LOSS FROM OPERATIONS	9,429,524	1,413,661	30,800,220	8,184,087	106,951,901
OTHER INCOME (EXPENSES):	'	'	'	'	'
Gain on settlement of lawsuit	'	'	'	'	268,187
Interest expense	-17,932	-1,138,483	-4,463,453	-4,059,388	-19,101,745
Interest income	'	'	'	'	349,162
Loss on extinguishment of debt	'	-664,200	-1,811,800	-810,881	-44,836,858
Total other expense	-17,932	-1,802,683	-6,275,253	-4,870,269	-63,321,254
LOSS BEFORE INCOME TAX BENEFIT	-9,447,456	-3,216,344	-37,075,473	-13,054,356	-170,273,155
INCOME TAX BENEFIT	'	'	'	'	173,394
NET LOSS	($9,447,456)	($3,216,344)	($37,075,473)	($13,054,356)	($170,099,761)
NET LOSS per share (basic and diluted)	($0.42)	($0.25)	($0.61)	($1.12)	'
WEIGHTED AVERAGE COMMON SHARES, OUTSTANDING, BASIC and DILUTED	22,589,971	12,859,327	61,079,624	11,695,970	'

Statement_of_Stockholders_Equi

Statement of Stockholders' Equity (USD $)	Total	Common Stock [Member]	Additional Paid in Capital [Member]	Accumulated Deficit [Member]
Balance at Dec. 31, 2012	($7,268,162)	$1,609	$125,754,517	($133,024,288)
Balance, shares at Dec. 31, 2012	'	16,091,909	'	'
Common shares issued for warrant exercise	176,819	6	176,813	'
Common shares issued for warrant exercise, share	'	60,070	'	'
Common shares issued for services	19,314,250	280	19,313,970	'
Common shares issued for services, share	6,657,690	2,797,035	'	'
Common shares issued for loan extensions	1,758,900	29	1,758,871	'
Common shares issued for loan extensions, Share	'	286,000	'	'
Common shares issued to debt holders for additional interest	1,067,345	17	1,067,328	'
Common shares issued to debt holders for additional interest, share	'	173,552	'	'
Common shares issued for default penalty interest	2,214,000	36	2,213,964	'
Common shares issued for default penalty interest, share	'	360,000	'	'
Common shares issued to warrant holders for additional interest	733,695	12	733,683	'
Common shares issued to warrant holders for additional interest, share	'	119,300	'	'
Common shares issued for consulting services	92,250	'	92,250	'
Common shares issued for consulting services, share	'	15,000	'	'
Common shares issued for debt conversions	282,900	5	282,895	'
Common shares issued for debt conversions, share	'	46,000	'	'
Common stock issued for cash	1,050,000	116	1,049,884	'
Common shares issued for cash, shares	'	1,155,000	'	'
Common shares issued for forgiveness of debt - related party	162,915	12	162,903	'
Common shares issued for forgiveness of debt - related party, share	'	115,500	'	'
Shares issued in reverse merger	5,149	966	4,183	'
Shares issued in reverse merger, share	'	9,658,936	'	'
Common shares issued for automatic conversion of debt due to merger	11,357,000	1,136	11,355,864	'
Common shares issued for automatic conversion of debt due to merger, share	'	11,357,000	'	'
Stock based compensation	6,657,690	'	6,657,690	'
Return of equity investment	-222,500	'	-222,500	'
Return of equity investment, share	'	'	'	'
Net loss	-37,075,473	'	'	-37,075,473
Balance at Sep. 30, 2013	$306,778	$4,224	$170,402,315	($170,099,761)
Balance, shares at Sep. 30, 2013	'	42,235,302	'	'

Statements_of_Cash_Flows

Statements of Cash Flows (USD $)	9 Months Ended		236 Months Ended
	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013
CASH FLOWS FROM OPERATING ACTIVITIES	'	'	'
Net loss	($37,075,473)	($13,054,356)	($170,099,761)
Adjustments to reconcile net loss to net cash used in operating activities	'	'	'
Common shares issued for license agreements	'	'	1,400,000
Warrants issued for legal settlement	'	'	-268,187
Depreciation expense	2,879	2,173	27,643
Amortization of debt discounts	45,421	3,524,127	12,175,705
New warrants issued to substitute old warrants	'	'	57,173
Stock-based compensation	26,064,190	4,896,143	56,945,272
Interest expense from convertible debt converted to warrants	'	'	133,063
Interest expense from convertible debt converted to common shares	57,915	'	57,915
Interest expense from additional common shares issued	4,015,040	'	4,015,040
Loss on extinguishment of debt	1,811,800	810,881	44,836,858
Return of equity investment	-222,500	'	-222,500
Changes in operating assets and liabilities:	'	'	'
Prepaid expenses and other current assets	12,784	-15,856	-13,645
Accounts payable and accrued expenses	-1,946,512	-489,065	1,237,736
Net cash used in operating activities	-7,234,456	-4,325,953	-46,240,583
CASH FLOWS FROM INVESTING ACTIVITIES	'	'	'
Purchase of fixed assets	'	-2,118	-29,408
Common shares issued in reverse merger, net	5,049	'	5,049
Net cash provided by (used in) investing activities	5,049	-2,118	-24,359
CASH FLOWS FROM FINANCING ACTIVITIES	'	'	'
Proceeds from exercise of warrants	176,819	596,655	2,888,998
Proceeds from sale of common shares and warrants	'	424,500	20,913,012
Proceeds from sale of common shares	1,050,000	'	1,150,000
Borrowings on debt	'	2,200,000	17,037,500
Borrowings on related party debt	240,000	1,915,000	4,445,000
Borrowings on convertible debt- related party	6,800,000	'	7,592,500
Borrowing on convertible debt	2,124,500	'	2,124,500
Principal repayments on debt	-1,725,000	-220,000	-7,475,000
Principal repayments on related party debt	-640,000	-565,000	-1,270,000
Net cash provided by financing activities	8,026,319	4,351,155	47,406,510
NET INCREASE IN CASH	796,912	23,084	1,141,568
CASH AT BEGINNING OF YEAR	344,656	14,587	'
CASH AT END OF PERIOD	1,141,568	37,671	1,141,568
SUPPLEMENTAL CASH FLOW INFORMATION	'	'	'
Cash paid for interest	714,036	535,261	2,601,625
Cash paid for tax	'	'	'
NON-CASH INVESTING AND FINANCING ACTIVITIES	'	'	'
Warrants and common shares issued with debt	'	771,377	7,244,532
Common shares issued with related party debt	'	2,206,278	2,206,278
Warrants and common shares issued for debt	230,000	250,000	9,766,953
Common shares issued for forgiveness of related party debt	105,000	4,000,000	4,105,000
Common shares repurchased with debt	'	'	60,000
Warrants issued for legal settlement	'	'	114,249
Common shares issued for conversion of convertible debt upon merger	11,357,000	'	11,357,000
Beneficial conversion feature on converted debt	'	'	$169,486

Background_Basis_Of_Presentati

Background Basis Of Presentation, And Going Concern	9 Months Ended
	Sep. 30, 2013
Background, Basis of Presentation, and Going Concern [Abstract]	'
BACKGROUND, BASIS OF PRESENTATION, AND GOING CONCERN	'
	1. BACKGROUND, BASIS OF PRESENTATION, AND GOING CONCERN:
	Background
	Universal Technology Systems Corp. (“UTCH”) (“we”, “our” or the “Company”) was incorporated in Florida on January 28, 2013.  The Company is a development stage company organized to fund, develop and commercialize photonic energy conversion technologies utilizing organic semiconductor-based solar cells.  The Company intends to enter into licensing arrangements and other strategic alliances for the development, manufacture and marketing of products utilizing this technology. The Company is a development stage company as defined by ASC 915, Accounting and Reporting by Development Stage Entities. The Company is devoting substantially all of its present efforts to establishing a new business. All losses accumulated since inception have been considered as part of the Company’s development stage activities
	On September 24, 2013, UTCH entered into a stock exchange agreement with Global Photonic Energy Corporation (“GPEC”) and the sole shareholder of GPEC (the “Share Exchange Agreement” and the transaction pursuant to which is referred to as the “Share Exchange Transaction”). Pursuant to the Share Exchange Agreement, UTCH issued 15,438,866 shares of its common stock, representing no less than 80% of the total issued and outstanding common stock of UTCH, to the shareholder of GPEC at the closing of the Share Exchange Agreement in exchange for 100% of the issued and outstanding capital stock of GPEC. As a result of this transaction, GPEC became a wholly-owned subsidiary of UTCH, and UTCH acquired the business and operations of GPEC.
	For accounting purposes, this transaction is being accounted for as a reverse merger and has been treated as a recapitalization of UTCH, where GPEC is considered the accounting acquirer, and the financial statements of the accounting acquirer became the financial statements of the registrant. The Company did not recognize goodwill or any intangible assets in connection with the transaction. Additionally all assets and liabilities of the Company were transferred to GPEC .The historical consolidated financial statements include the operations of the accounting acquirer for all periods presented
	At the Closing, there were GPEC common shares of 77,194,330, warrants of 9,378,916, options of 525,000 and 5,255 Series A Preferred convertible stock issued and outstanding.  As part of the Share Exchange Transaction, GPEC shareholders of the Company as of September 24, 2013 will receive 1 common share of UTCH for each 5 common shares outstanding, 1 UTCH warrant for each 5 warrants outstanding, 1 UTCH option for each 5 outstanding and 1,100 UTCH common shares for each Series A Preferred convertible stock of GPEC.
	Pursuant to the terms and conditions of the Share Exchange Agreement,  the issued and outstanding 5,255 Series A Preferred of GPEC and the GPEC Convertible Notes of $11,357,000, UTCH  hereby agrees to issue to the holders of Series A Preferred: (i) a total of 5,780,500 shares of UTCH Common Stock and (ii) warrants to purchase a total of 5,780,500 shares of UTCH Common Stock and also agrees to issue to holders of the GPEC Convertible Notes: (i) a total of 11,357,000 shares of UTCH Common Stock and (ii) warrants to purchase a total of 11,357,000 shares of UTCH Common Stock, as a result of the automatic conversion of  Series A Preferred and GPEC Bridge Notes.
	In addition, also under the Share Exchange Agreement, UTCH issued to holders of original issued and outstanding warrants of GPEC (“GPEC Warrants”) immediately prior to the closing a total of 1,875,783 shares of warrants of UTCH in consideration of the cancellation of  GPEC Warrants. UTCH also issued to holders of original issued and outstanding options of GPEC (“GPEC Options”) immediately prior to the closing a total of 105,000 shares of options of UTCH in consideration of the cancellation of  GPEC Warrants.
	Basis or Presentation
	The accompanying unaudited interim financial statements of the Company have been prepared in accordance with accounting principles generally accepted in the United States of America and the rules of the Securities and Exchange Commission, and should be read in conjunction with the audited financial statements and notes thereto contained in the FORM 8-K filing. In the opinion of management, all adjustments, consisting of normal recurring adjustments, necessary for a fair presentation of financial position and the results of operations for the interim period presented have been reflected herein. The results of operations for the interim period are not necessarily indicative of the results to be expected for the full year. Notes to the financial statements which would substantially duplicate the disclosures contained in the audited financial statements for the most recent fiscal period, as reported in this Form 8K.
	Going Concern
	The Company has not generated revenues to date.  The Company has a working capital of $305,013 and an accumulated deficit of $170,099,761 as of September 30, 2013.  The ability of the Company to continue as a going concern is dependent on raising capital to fund ongoing operations and carry out its business plan and ultimately to attain profitable operations.  Accordingly, these factors raise substantial doubt as to the Company’s ability to continue as a going concern. The financial statements do not include any adjustments relating to the recoverability and classification of recorded assets, or the amounts of and classification of liabilities that might be necessary in the event the Company cannot continue in existence. To date the Company has funded its initial operations primarily by way of convertible note financing, short term financing from private parties, and advances from related parties.

Related_Party_Convertible_Note

Related Party Convertible Notes Payable	9 Months Ended
	Sep. 30, 2013
Related Party Convertible Notes Payable [Abstract]	'
RELATED PARTY CONVERTIBLE NOTES PAYABLE	'
	2. RELATED PARTY CONVERTIBLE NOTES PAYABLE
	From January 1, 2013 through September 30, 2013, the Company borrowed $6,800,000 from a majority shareholder.
	These loans were convertible short term note agreements. The notes were unsecured, bear interest at 5% per annum and had a maturity date of December 31, 2013. The notes converted upon the completion of the reverse merger and converted into units of UTCH. Each unit consists of (i) one share of the Common Stock and (ii) one warrant to purchase one share of the Common Stock. The conversion price is $1 per unit. The warrant may be exercised at a purchase price of $2.50 per share. The holder has a period to exercise of 5 years from the date of issuance. The Company analyzed the conversion options in the Convertible Promissory notes for derivative accounting consideration under ASC 815, Derivative and Hedging, and determines that the transactions do not qualify for derivative treatment. Further, the Company determined that there is no discount to be recognized under accounting for beneficial conversion feature as these notes were automatically converted into the public company stock upon completion of a reverse merger which closed on September 24, 2013.
	On September 24, 2013, UTCH issued 6,800,000 common shares and 6,800,000 warrants for the conversion of these notes.

Related_Party_Notes_Payable

Related Party Notes Payable	9 Months Ended
	Sep. 30, 2013
Related Party Notes Payable [Abstract]	'
RELATED PARTY NOTES PAYABLE	'
	3. RELATED PARTY NOTES PAYABLE
	The Company converted outstanding accrued interest of $105,000 due to a majority shareholder, into 115,500 common shares. (See Note 7) The relative fair value of these shares was determined to be $57,915 and it was recorded as a debt discount. The full discount was amortized to interest expense during the nine months ended September 30, 2013.
	In addition, the Company borrowed $240,000 in the form of short term related party notes and repaid $640,000 during 2013. As of September 30, 2013, the balance due is $100,000.

Notes_Payable

Notes Payable	9 Months Ended
	Sep. 30, 2013
Notes Payable [Abstract]	'
NOTES PAYABLE	'
	5. NOTES PAYABLE
	During the nine months ended September 30, 2013, the Company repaid an aggregate of $1,725,000 to the third party creditors. In addition, an aggregate of $230,000 of debt was converted into 46,000 common shares.  As the debt was not originally convertible, the issuance of the shares to settle the debt was determined to be debt extinguishment. The fair value of the Class A common shares was determined to be $282,900 and therefore a loss on debt extinguishment was recognized of $52,900.
	During the nine months ended September 30, 2013, the maturity date on an aggregate of $1,400,000 of outstanding debt was extended an additional 3 or 4 months. In connection with the extensions, the Company issued 286,000 common shares. The Company evaluated the modifications under ASC 470-50 determined that the modifications were substantial and the revised terms constituted debt extinguishments. The fair value of the common shares was determined to be $1,758,900, and accounted for as a loss on the extinguishment of debt. These notes were converted into the convertible notes and then converted into equity. (see Note 4)
	During the nine months ended September 30, 2013, the aggregate amortization of other debt discounts totaled $45,421. These discounts were originally recorded during 2012, 2011 and 2010. As of September 30, 2013, there is no unamortized debt discount remaining.

Stock_Options_and_Warrants

Stock Options and Warrants	9 Months Ended
	Sep. 30, 2013
Stock Options and Warrants [Abstract]	'
STOCK OPTIONS AND WARRANTS	'
	6. STOCK OPTIONS AND WARRANTS
	2000 Stock Option Plan
	On April 28, 2000, the Board of Directors adopted the 2000 Stock Option Plan.  Under the Plan, the Company may grant incentive stock options to employees and non-qualified stock options to employees, non-employee directors and/or consultants.   The Plan provides for the granting of a maximum of 2,000,000 options to purchase common stock.  The ISO exercise price per share may not be less than the fair market value of a share on the date the option is granted.  The maximum term of the options may not exceed ten years.
	A summary of stock option activity during the nine months ended September 30, 2013 is as follows:
	Outstanding at December 31, 2012		137,000		$	9.7
	Granted		-			-
	Exercised		-			-
	Cancelled		(32,000	)		10.05
	Forfeited		-			-
	Outstanding at September 30, 2013		105,000		$	11.03
	Exercisable		105,000		$	11.03
	The weighted average remaining contractual life of options outstanding as of September 30, 2013 was approximately 2.86 years. The exercise price of these options range from $10.00 to $15.00 and the intrinsic value of the options as of September 30, 2013 is $0.00.
	A summary of warrant activity during the nine months ended September 30, 2013 is as follows:
					Weighted Average
		Warrants			Exercise Price
	Outstanding at December 31, 2012		1,965,583			13.9
	Granted		17,137,500			2.5
	Exercised		(65,050	)		12.35
	Cancelled		(24,750	)		14.85
	Forfeited		-			-
	Outstanding at September  30, 2013		19,013,283		$	2.78
	Exercisable		19,013,283		$	2.78
	The weighted average remaining contractual life for warrants outstanding as of September 30, 2013 was approximately 4.98 years. The exercise price of these warrants ranges from $0.05 to $17.50 and the intrinsic value of the warrants as of September 30, 2013, is $-0-.

Common_Stock

Common Stock	9 Months Ended
	Sep. 30, 2013
Common Stock [Abstract]	'
COMMON STOCK	'
	7. COMMON STOCK
	During the nine months ended September 30, 2013, the Company issued an aggregate of 2,797,035 common shares to officers as compensation. The shares are fully vested. The fair value of the shares was determined to be $19,314,251 and was recognized as stock-based compensation during the nine months ended September 30, 2013.
	During the nine months ended September 30, 2013, the Company recognized 6,657,690 in stock based compensation in connection to the 2,110,000 common shares that were issued in 2012. These common shares fully vested upon completion of the September 24, 2012 share exchange agreement.
	During the nine months ended September 30, 2013, the Company issued 15,000 common shares for consulting services. The shares vest immediately. The fair value of the shares was determined to be $92,250 and was recognized as stock based compensation during the nine months ended September 30, 2013
	During the nine months ended September 30, 2013, the Company issued an aggregate of 173,552 common shares to note holders as additional interest. The fair value of the shares was determined to be $1,067,345 and was recognized as interest expense during the nine months ended September 30, 2013.
	During the nine months ended September 30, 2013, the Company issued 360,000 common shares to a third party note holder. These shares were issued in accordance to the default terms of the 2010 and 2011 notes. The fair value of the shares was determined to be $2,214,000 and was recognized as interest expense during the nine months ended September 30, 2013.
	During the nine months ended September 30, 2013, the Company issued an aggregate of 119,300 common shares to certain warrant holders as additional interest. The fair value of the shares was determined to be $733,695 and was recognized as interest expense during the nine months ended September 30, 2013
	During the nine months ended September 30, 2013, 46,000 common shares were issued for the conversion of short term debt (see Note 4) and 286,000 common shares were issued for loan extensions (see Note 5).
	During the nine months ended September 30, 2013, an aggregate of 60,070 common shares were issued for the exercise of warrants for cash proceeds of $176,819. (see Note 6)
	During the nine months ended September 30, 2013, the Company issued 1,155,000 common shares sold for cash to a majority shareholder for proceeds of 1,050,000.
	During the nine months ended September 30, 2013, a majority shareholder converted $105,000 of the interest due to him into 115,500 common shares (see Note 3).
	Prior to the closing of the shares exchange agreement (see Note 1) UTCH had 12,000,000 common shares outstanding.  On September 22, 2013, UTCH sold 5,049,113 common shares to GPEC officers for cash proceeds of $5,049. Effective September 23, 2013, UTCH affected a 1.2-for-1 forward split of the outstanding common stock of the Company, par value $.0001.  On September 24, 2013, GPEC cancelled 9,000,000 shares of UTCH, which GPEC acquired from a former majority shareholder of UTCH. All references to UTCH common stock have been retroactively restated to reflect the effect of the forward split. At the closing of the Share Exchange Agreement, UTCH  had 42,235,302 shares of common stock issued outstanding.
	On September 24, 2013, the Company issued 9,658,936 common shares in the reverse merger (see Note 1). The assets and liabilities of the acquired entity have been brought forward at their fair value of $5,149 and no goodwill has been recognized.

Subsequent_Events

Subsequent Events	9 Months Ended
	Sep. 30, 2013
Subsequent Events [Abstract]	'
SUBSEQUENT EVENTS	'
	8. SUBSEQUENT EVENTS
	On October 1, 2013, the Company amended the employment agreement with the Company’s CEO dated 9/24/13. The terms of the agreement include a base salary of $400,000 per year with a 3% cost of living increase applied to it on every anniversary of the Agreement.
	On October 1, 2013, the Company amended the employment agreement with the Company’s CFO dated 9/24/13. The terms of the agreement include a base salary shall be $360,000 per year with a 3% cost of living increase applied to it on every anniversary of the Agreement.
	On October 1, 2013, the Company amended the employment agreement with the Executive Chairman of the Company dated 9/24/13. The terms of the agreement include a base salary shall be $400,000 per year with a 3% cost of living increase applied to it on every anniversary of the Agreement.

Stock_Options_and_Warrants_Tab

Stock Options and Warrants (Tables)	9 Months Ended
	Sep. 30, 2013
Stock Options [Member]	'
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]	'
Summary of stock option activity	'
	Outstanding at December 31, 2012		137,000		$	9.7
	Granted		-			-
	Exercised		-			-
	Cancelled		(32,000	)		10.05
	Forfeited		-			-
	Outstanding at September 30, 2013		105,000		$	11.03
	Exercisable		105,000		$	11.03
Warrant [Member]	'
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]	'
Summary of stock option activity	'
					Weighted Average
		Warrants			Exercise Price
	Outstanding at December 31, 2012		1,965,583			13.9
	Granted		17,137,500			2.5
	Exercised		(65,050	)		12.35
	Cancelled		(24,750	)		14.85
	Forfeited		-			-
	Outstanding at September  30, 2013		19,013,283		$	2.78
	Exercisable		19,013,283		$	2.78

Background_Basis_Of_Presentati1

Background Basis Of Presentation, And Going Concern (Details) (USD $)

Sep. 30, 2013

Dec. 31, 2012

Sep. 30, 2013

Dec. 31, 2012

Sep. 24, 2013

Sep. 30, 2013

Sep. 30, 2013

Sep. 24, 2013

Sep. 24, 2013

Sep. 24, 2013

Sep. 24, 2013

Sep. 24, 2013

Common Stock [Member]

Common Stock [Member]

UTCH [Member]

UTCH [Member]

UTCH [Member]

GPEC [Member]

GPEC [Member]

GPEC [Member]

GPEC [Member]

GPEC [Member]

Common Stock [Member]

Series A Preferred Stock [Member]

Convertible Debt [Member]

Common Stock [Member]

Series A Preferred Stock [Member]

Employee Stock Option [Member]

Warrant [Member]

Convertible Debt [Member]

Background Basis Of Presentation And Going Concern (Textual)

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Retained Earnings (Accumulated Deficit)

($170,099,761)

($133,024,288)

'

'

'

'

'

'

'

'

'

'

Shares, issued

'

'

'

'

15,438,866

5,780,500

11,357,000

77,194,330

5,255

525,000

9,378,916

'

Warrants to be issued

'

'

'

'

'

5,780,500

11,357,000

'

'

'

'

'

Convertible notes

'

'

'

'

'

'

'

'

'

'

'

11,357,000

Shares, outstanding

'

'

42,235,302

16,091,909

'

'

'

'

5,255

'

'

'

Common stock, ownership percentage

'

'

'

'

80.00%

'

'

'

'

'

'

'

Cancellation of common stock warrants

'

'

'

'

1,875,783

'

'

'

'

'

'

'

Cancellation of options

'

'

'

'

105,000

'

'

'

'

'

'

'

Working Capital

$305,013

'

'

'

'

'

'

'

'

'

'

'

Related_Party_Convertible_Note1

Related Party Convertible Notes Payable (Details) (USD $)	1 Months Ended	9 Months Ended
	Sep. 24, 2013	Sep. 30, 2013
Related party convertible notes payable (Textual)	'	'
Borrowings from shareholder	'	$6,800,000
Unsecured note interest	5.00%	'
Unsecured notes conversion price	$2.50	'
Warrants purchase price	$1	'
Common shares issed for conversion	6,800,000	46,000
Warrants issued for conversion of notes	6,800,000	'
Unsecured note, maturity date	31-Dec-13	'

Related_Party_Notes_Payable_De

Related Party Notes Payable (Details) (USD $)	9 Months Ended		236 Months Ended
	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013	Dec. 31, 2012
Related Party Notes Payable (Textual)	'	'	'	'
Borrowings on related party debt	$240,000	$1,915,000	$4,445,000	'
Short-term debt outstanding	'	'	'	4,342,079
Related Party Notes Payable [Member]	'	'	'	'
Related Party Notes Payable (Textual)	'	'	'	'
Converted outstanding notes accrued interest	105,000	'	'	'
Common shares issued for debt conversions, share	115,500	'	'	'
Fair value of converible debt	57,915	'	57,915	'
Borrowings on related party debt	240,000	'	'	'
Repayment of short term related party notes	640,000	'	'	'
Short-term debt outstanding	$100,000	'	$100,000	'

Convertible_Notes_Payable_Deta

Convertible Notes Payable (Details) (USD $)	1 Months Ended	9 Months Ended
	Sep. 24, 2013	Sep. 30, 2013	Dec. 31, 2012
Converted Notes Payable (Textual)	'	'	'
Short-term debt outstanding	'	'	$4,342,079
Borrowings from investors	'	6,800,000	'
Unsecured note interest	5.00%	'	'
Unsecured notes conversion price	$2.50	'	'
Warrants purchase price	$1	'	'
Common shares issed for conversion	6,800,000	46,000	'
Warrants issued for conversion of notes	6,800,000	'	'
Debt Instrument, Maturity Date	31-Dec-13	'	'
Convertible Notes Payable [Member]	'	'	'
Converted Notes Payable (Textual)	'	'	'
Short-term debt outstanding	'	2,432,500	'
Convertible Notes Payable [Member] | UTCH [Member]	'	'	'
Converted Notes Payable (Textual)	'	'	'
Common shares issed for conversion	4,557,000	'	'
Warrants issued for conversion of notes	4,557,000	'	'
Debt Instrument, Maturity Date	31-Dec-13	'	'
Convertible Notes Payable [Member] | GPEC [Member]	'	'	'
Converted Notes Payable (Textual)	'	'	'
Borrowings from investors	'	$2,124,500	'
Unsecured note interest	5.00%	'	'
Unsecured notes conversion price	$2.50	'	'
Warrants purchase price	$1	'	'

Notes_Payable_Details

Notes Payable (Details) (USD $)	1 Months Ended	9 Months Ended		236 Months Ended
	Sep. 24, 2013	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013	Dec. 31, 2012
Notes Payable (Textual)	'	'	'	'	'
Common shares issued for debt conversions	'	$282,900	'	'	'
Common shares issed for conversion	6,800,000	46,000	'	'	'
Common stock fair value determined	'	2,110,000	'	'	'
Short-term debt outstanding	'	'	'	'	4,342,079
Amortization of debt discounts	'	45,421	3,524,127	12,175,705	'
Third Party Loans [Member]	'	'	'	'	'
Notes Payable (Textual)	'	'	'	'	'
Repayment of notes payable	'	1,725,000	'	'	'
Common shares issued for debt conversions	'	230,000	'	'	'
Common shares issed for conversion	'	46,000	'	'	'
Common stock fair value determined	'	282,900	'	'	'
Loss on debt extinguishment	'	52,900	'	'	'
Notes Payable [Member]	'	'	'	'	'
Notes Payable (Textual)	'	'	'	'	'
Common stock fair value determined	'	1,758,900	'	'	'
Short-term debt outstanding	'	1,400,000	'	1,400,000	'
Common stock issued in connection with debt extension	'	286,000	'	'	'
Amortization of debt discounts	'	$45,421	'	'	'

Stock_Options_and_WarrantsDeta

Stock Options and Warrants(Details) (Stock Options [Member], USD $)	9 Months Ended
	Sep. 30, 2013
Stock Options [Member]	'
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding [Roll Forward]	'
Number of Shares, Outstanding	137,000
Number of shares, granted	'
Number of Shares, Exercised	'
Number of Shares, Cancelled	-32,000
Number of Shares, Forfeited	'
Number of Shares, Outstanding	105,000
Number of Shares, Exercised	105,000
Weighted Average Exercise Price, Outstanding	$9.70
Weighted Average Exercise Price, Granted	'
Weighted Average Exercise Price, Exercised	'
Weighted Average Exercise Price, Cancelled	$10.05
Weighted Average Exercise Price, Forfeited	'
Weighted Average Exercise Price, Outstanding	$11.03
Weighted Average Exercise Price, Exercisable	$11.03

Stock_Options_and_Warrants_Det

Stock Options and Warrants (Details 2) (USD $)	9 Months Ended
	Sep. 30, 2013
Stock Options And Warrants (Textual)	'
Number of options to purchase common stock	2,000,000
Stock Options [Member]	'
Stock Options And Warrants (Textual)	'
Weighted average remaining contractual life of options outstanding	'2 years 10 months 10 days
Intrinsic value of the options/warrants	'
Stock Options [Member] | Minimum [Member]	'
Stock Options And Warrants (Textual)	'
Exercise price of options/warrants	$10
Stock Options [Member] | Maximum [Member]	'
Stock Options And Warrants (Textual)	'
Exercise price of options/warrants	$15
Warrant [Member]	'
Stock Options And Warrants (Textual)	'
Weighted average remaining contractual life of options outstanding	'4 years 11 months 23 days
Warrants exercised	65,050
Proceeds from warrants exercised	176,819
Intrinsic value of the options/warrants	'
Warrant [Member] | Minimum [Member]	'
Stock Options And Warrants (Textual)	'
Exercise price of options/warrants	$0.05
Warrant [Member] | Maximum [Member]	'
Stock Options And Warrants (Textual)	'
Exercise price of options/warrants	$17.50

Common_Stock_Details

Common Stock (Details) (USD $)	1 Months Ended	9 Months Ended		236 Months Ended
	Sep. 24, 2013	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013	Dec. 31, 2012
Common Stock (Textual)	'	'	'	'	'
Common shares issued for services, share	'	6,657,690	'	'	'
Common stock fair value determined	'	$2,110,000	'	'	'
Common shares issed for conversion	6,800,000	46,000	'	'	'
Common Stock, par value per share	'	$0.00	'	$0.00	$0.00
Proceeds from sale of common shares	'	1,050,000	'	1,150,000	'
Shares, outstanding	'	'	'	'	'
Reverse Merger [Member]	'	'	'	'	'
Common Stock (Textual)	'	'	'	'	'
Shares, issued	9,658,936	'	'	'	'
Fair value of assets and liabilities acquired	5,149	'	'	'	'
Note Warrant [Member]	'	'	'	'	'
Common Stock (Textual)	'	'	'	'	'
Common stock fair value determined	'	733,695	'	'	'
Shares, issued	'	119,300	'	119,300	'
Warrant [Member]	'	'	'	'	'
Common Stock (Textual)	'	'	'	'	'
Common stock fair value determined	'	176,819	'	'	'
Shares, issued	'	60,070	'	60,070	'
Consulting Services [Member]	'	'	'	'	'
Common Stock (Textual)	'	'	'	'	'
Common shares issued for services, share	'	15,000	'	'	'
Common stock fair value determined	'	92,250	'	'	'
Officer [Member]	'	'	'	'	'
Common Stock (Textual)	'	'	'	'	'
Common shares issued for services, share	'	2,797,035	'	'	'
Common stock fair value determined	'	19,314,251	'	'	'
Majority Shareholder [Member]	'	'	'	'	'
Common Stock (Textual)	'	'	'	'	'
Common shares issed for conversion	'	115,500	'	'	'
Converted outstanding notes accrued interest	'	105,000	'	'	'
Shares, issued	'	1,155,000	'	1,155,000	'
Proceeds from sale of common shares	'	1,050,000	'	'	'
Note Holders [Member]	'	'	'	'	'
Common Stock (Textual)	'	'	'	'	'
Common stock fair value determined	'	1,067,345	'	'	'
Converted outstanding notes accrued interest	'	105,000	'	'	'
Shares, issued	'	173,552	'	173,552	'
Third Party Loans [Member]	'	'	'	'	'
Common Stock (Textual)	'	'	'	'	'
Common stock fair value determined	'	282,900	'	'	'
Common shares issed for conversion	'	46,000	'	'	'
Shares, issued	'	360,000	'	360,000	'
Convertible Debt [Member]	'	'	'	'	'
Common Stock (Textual)	'	'	'	'	'
Common stock fair value determined	'	$733,695	'	'	'
Common shares issed for conversion	'	119,300	'	'	'
Common stock issued in connection with debt extension	'	286,000	'	'	'

Subsequent_Events_Details

Subsequent Events (Details) (USD $)	3 Months Ended		0 Months Ended
	Sep. 30, 2013	Sep. 30, 2012	Oct. 01, 2013	Oct. 01, 2013	Oct. 01, 2013
			Subsequent Event [Member]	Subsequent Event [Member]	Subsequent Event [Member]
			Chief Executive Officer [Member]	Chief Financial Officer [Member]	Executive Chairman [Member]
Subsequent Events (Textual)	'	'	'	'	'
Officers base salary	($835,985)	($527,146)	$400,000	$360,000	$400,000