Document_And_Entity_Informatio
Document And Entity Information | 9 Months Ended | |
Sep. 30, 2014 | Nov. 14, 2014 | |
Document Information [Line Items] | ' | ' |
Entity Registrant Name | 'SCORES HOLDING CO INC | ' |
Entity Central Index Key | '0000831489 | ' |
Current Fiscal Year End Date | '--12-31 | ' |
Entity Filer Category | 'Smaller Reporting Company | ' |
Trading Symbol | 'SCRH | ' |
Entity Common Stock, Shares Outstanding | ' | 165,186,124 |
Document Type | '10-Q | ' |
Amendment Flag | 'false | ' |
Document Period End Date | 30-Sep-14 | ' |
Document Fiscal Period Focus | 'Q3 | ' |
Document Fiscal Year Focus | '2014 | ' |
CONDENSED_CONSOLIDATED_BALANCE
CONDENSED CONSOLIDATED BALANCE SHEETS (USD $) | Sep. 30, 2014 | Dec. 31, 2013 |
CURRENT ASSETS: | ' | ' |
Cash | $99,091 | $4,522 |
Trade receivables - including affiliates, net | 261,497 | 188,988 |
Prepaid expenses | 19,419 | 11,217 |
Loan receivable | 34,412 | 0 |
Settlement receivable | 59,084 | 138,608 |
Total Current Assets | 473,503 | 343,335 |
Settlement receivable | 0 | 23,781 |
Loan receivable | 0 | 33,148 |
TOTAL ASSETS | 473,503 | 400,264 |
CURRENT LIABILITIES: | ' | ' |
Accounts payable and accrued expenses | 90,761 | 130,460 |
Security deposit payable | 35,000 | 10,000 |
Note payable related party | 34,412 | 0 |
Related party payable | 15,000 | 143,775 |
Settlement payable due to related party | 85,899 | 189,071 |
Total Current Liabilities | 261,072 | 473,306 |
Settlement payable due to related party | 0 | 28,654 |
Note payable to related party | 0 | 33,148 |
TOTAL LIABILITIES | 261,072 | 535,108 |
STOCKHOLDERS' EQUITY (DEFICIT) | ' | ' |
Preferred stock, $.0001 par value, 10,000,000 shares authorized, -0- issued and outstanding | 0 | 0 |
Common stock, $.001 par value; 500,000,000 shares authorized, 165,186,124 issued and 165,186,124 outstanding, respectively | 165,186 | 165,186 |
Additional paid-in capital | 6,058,117 | 6,058,117 |
Accumulated deficit | -6,010,872 | -6,358,147 |
Total stockholders' Equity (Deficit) | 212,431 | -134,844 |
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT) | $473,503 | $400,264 |
CONDENSED_CONSOLIDATED_BALANCE1
CONDENSED CONSOLIDATED BALANCE SHEETS [PARENTHETICAL] (USD $) | Sep. 30, 2014 | Dec. 31, 2013 |
Preferred stock, par value (in dollars per share) | $0.00 | $0.00 |
Preferred stock, shares authorized | 10,000,000 | 10,000,000 |
Preferred stock, shares issued | 0 | 0 |
Preferred stock, shares outstanding | 0 | 0 |
Common stock, par value (in dollars per share) | $0.00 | $0.00 |
Common stock, shares authorized | 500,000,000 | 500,000,000 |
Common stock, shares issued | 165,186,124 | 165,186,124 |
Common stock, shares outstanding | 165,186,124 | 165,186,124 |
CONDENSED_CONSOLIDATED_STATEME
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (USD $) | 3 Months Ended | 9 Months Ended | ||
Sep. 30, 2014 | Sep. 30, 2013 | Sep. 30, 2014 | Sep. 30, 2013 | |
REVENUES | ' | ' | ' | ' |
Royalty Revenue | $225,393 | $187,861 | $596,151 | $542,809 |
Total Revenue | 225,393 | 187,861 | 596,151 | 542,809 |
EXPENSES | ' | ' | ' | ' |
General and Administrative Expenses | 110,444 | 122,768 | 344,778 | 370,966 |
INCOME FROM OPERATIONS | 114,949 | 65,093 | 251,373 | 171,843 |
OTHER INCOME/(EXPENSE) | ' | ' | ' | ' |
Interest Income/(Expense), net | -338 | -673 | -1,259 | -2,236 |
Settlement | 0 | 0 | 97,161 | ' |
TOTAL OTHER INCOME/(EXPENSE) | -338 | -673 | 95,902 | -2,236 |
NET INCOME BEFORE INCOME TAXES | 114,611 | 64,420 | 347,275 | 169,607 |
PROVISION FOR INCOME TAXES | 0 | 0 | 0 | 0 |
NET INCOME | $114,611 | $64,420 | $347,275 | $169,607 |
NET INCOME PER SHARE-Basic and Diluted (in dollars per share) | $0.00 | $0 | $0.00 | $0.00 |
WEIGHTED AVERAGE OF COMMON SHARES OUTSTANDING-Basic and Diluted (in shares) | 165,186,124 | 165,186,124 | 165,186,124 | 165,186,124 |
CONDENSED_CONSOLIDATED_STATEME1
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $) | 9 Months Ended | |
Sep. 30, 2014 | Sep. 30, 2013 | |
CASH FLOWS FROM OPERATING ACTIVITIES: | ' | ' |
Net Income | $347,275 | $169,607 |
Changes in assets and liabilities: | ' | ' |
Licensee receivable | -72,509 | -51,285 |
Prepaid expenses | -8,202 | -11,877 |
Security deposit payable | 25,000 | 10,000 |
Accounts payable and accrued expenses | -39,699 | -27,111 |
NET CASH PROVIDED BY OPERATING ACTIVITIES | 251,865 | 89,334 |
CASH FLOW FROM FINANCING ACTIVITIES: | ' | ' |
Related party payables | -128,775 | -56,985 |
Settlement receivable | 103,305 | 98,277 |
Loan receivable | -1,264 | -1,202 |
Settlement payable | -131,826 | -123,317 |
Loan payable | 1,264 | 1,202 |
NET CASH USED IN FINANCING ACTIVITIES | -157,296 | -82,025 |
NET INCREASE/(DECREASE) IN CASH | 94,569 | 7,309 |
Cash and cash equivalents - beginning of year | 4,522 | 59,139 |
Cash and cash equivalents - end of year | 99,091 | 66,448 |
Supplemental disclosures of cash flow information: | ' | ' |
Cash paid during the year for interest | 12,125 | 0 |
Cash paid for income taxes | $1,139 | $0 |
Organization
Organization | 9 Months Ended |
Sep. 30, 2014 | |
Accounting Policies [Abstract] | ' |
Organization [Text Block] | ' |
Note 1. Organization | |
Basis for presentation | |
Scores Holding Company, Inc. and subsidiary (the “Company”) is a Utah corporation, formed in September 1981 and is located in New York, NY. Originally incorporated as Adonis Energy, Inc., the Company adopted its current name in July 2002. The Company is a licensing company that utilizes the “SCORES” name and trademark for franchising and other licensing options. | |
The condensed consolidated financial statements of the Company have been prepared in accordance with generally accepted accounting principles in the United States. The condensed consolidated financial statements of the Company include the accounts of Scores Licensing Corp. (“SLC”). | |
Our condensed consolidated financial statements include our accounts, as well as those of our wholly-owned subsidiary. Certain prior period amounts have been reclassified to conform to the current period presentation. Our accompanying unaudited condensed consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States (“U.S. GAAP”) for interim financial information and with the instructions to Form 10-Q and Article 10 of Regulation S-X. Accordingly, they do not include all of the information and footnote disclosures required by U.S. GAAP for complete financial statements. The condensed consolidated financial statements reflect all adjustments considered necessary for a fair presentation of the condensed consolidated results of operations and financial position for the interim periods presented. All such adjustments are of a normal recurring nature. These unaudited condensed interim consolidated financial statements should be read in conjunction with the audited consolidated financial statements and notes to the consolidated financial statements contained in our Annual Report on Form 10-K for the year ended December 31, 2013. | |
The preparation of financial statements in conformity with U.S. GAAP requires us 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 during the reporting period. Actual results could differ from those estimates. The results of operations for the nine months ended September 30, 2014 are not necessarily indicative of the results to be expected for any other interim period or for the year ending December 31, 2014. | |
Summary_of_Significant_Account
Summary of Significant Accounting Principles | 9 Months Ended |
Sep. 30, 2014 | |
Accounting Policies [Abstract] | ' |
Summary Of Significant Accounting Principles [Text Block] | ' |
Note 2. Summary of Significant Accounting Principles | |
Going Concern | |
As of September 30, 2014 the Company has incurred cumulative losses (since the inception of its business) totaling $(6,010,872) and a working capital surplus of $212,431. The Company had net income of $347,275 for the nine months ended September 30, 2014. Because of these conditions, the Company will require additional working capital to develop business operations. The Company intends to raise additional working capital through the continued licensing of its brand with its current and new operators. There are no assurances that the Company will be able to achieve the level of revenues adequate to generate sufficient cash flow from operations to support the Company’s working capital requirements. To the extent that funds generated from any future use of licensing are insufficient, the Company will have to raise additional working capital. No assurance can be given that additional financing will be available, or if available, will be on terms acceptable to the Company. If adequate working capital is not available, the Company may not continue its operations. | |
These conditions raise substantial doubt about 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 asset carrying amounts or the amount and classification of liabilities that might be necessary should the Company be unable to continue as a going concern. | |
Concentration of Credit Risk | |
The Company earns all of its income from royalty revenues. | |
With regards to 2014, concentrations of sales from 5 licensees range from 15% to 18%, which there are receivables from 5 licensees ranging from 10% to 41% on these licensees for 2014. There are receivables from 3 licensees considered related parties of 11%, 12% and 41%. | |
With regards to 2013, concentrations of sales from 5 licensees range from 17% to 22%, which there are receivables from 3 licensees ranging from 12% to32% on these licensees for 2013. Included in these amounts for 2013 was 1 licensee considered a related party. Sales from this licensee were 22%. There is a receivable from 2 related party licensees of 12% and 32%. | |
Revenue recognition | |
The Company records revenues earned as royalties under its license agreements as they are earned over the term of the license agreements. The terms of the royalties earned under these license agreements vary from a flat monthly fee to a percentage of the revenues of the licensee on a monthly basis. If a license agreement is terminated then the remaining unearned balance of the deferred revenues are recorded as earned if applicable. | |
As a result of the tenuous nature of the gentlemen’s club industry in general and the resulting financial instability of several of our new licensees the company has implemented a policy of recognizing revenue for these specific entities as it is received rather than when it is earned. Once our relationship with them has been more firmly established and payments have been made regularly and on time we will report these revenues when earned. | |
Principles of consolidation | |
The condensed consolidated financial statements include the accounts of the Company and its wholly-owned subsidiary. Inter-company items and transactions have been eliminated in consolidation. | |
Cash and cash equivalents | |
The Company considers all highly liquid temporary cash investments, with a maturity of three months or less when purchased, to be cash equivalents. There are times when cash may exceed $250,000, the FDIC insured limit. | |
Income Per Share | |
Net income per share data for both the nine-month period ending September 30, 2014 and 2013 are based on net income available to common shareholders divided by the weighted average of the number of common shares outstanding. As of September 30, 2014, there are no outstanding stock options. | |
Fair Value of Financial Instruments | |
The carrying value of cash, trade receivables, prepaid expenses, other receivables, related party payables and accrued expenses, if applicable, approximate their fair values based on the short-term maturity of these instruments. The carrying amounts of debt were also estimated to approximate fair value. | |
The Company utilizes the methods of fair value measurement as described in ASC 820 to value its financial assets and liabilities. As defined in ASC 820, fair value is based on the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. In order to increase consistency and comparability in fair value measurements, ASC 820 establishes a fair value hierarchy that prioritizes observable and unobservable inputs used to measure fair value into three broad levels, which are described below: | |
Level 1: Quoted prices (unadjusted) in active markets that are accessible at the measurement date for assets or liabilities. The fair value hierarchy gives the highest priority to Level 1 inputs. | |
Level 2: Observable prices that are based on inputs not quoted on active markets, but corroborated by market data. | |
Level 3: Unobservable inputs are used when little or no market data is available. The fair value hierarchy gives the lowest priority to Level 3 inputs. | |
New Accounting Pronouncements | |
In June 2014, FASB issued Accounting Standards Update (“ASU”) No. 2014-09, “Revenue from Contracts with Customers”. The update gives entities a single comprehensive model to use in reporting information about the amount and timing of revenue resulting from contracts to provide goods or services to customers. The proposed ASU, which would apply to any entity that enters into contracts to provide goods or services, would supersede the revenue recognition requirements in Topic 605, Revenue Recognition, and most industry-specific guidance throughout the Industry Topics of the Codification. Additionally, the update would supersede some cost guidance included in Subtopic 605-35, Revenue Recognition – Construction-Type and Production-Type Contracts. The update removes inconsistencies and weaknesses in revenue requirements and provides a more robust framework for addressing revenue issues and more useful information to users of financial statements through improved disclosure requirements. In addition, the update improves comparability of revenue recognition practices across entities, industries, jurisdictions, and capital markets and simplifies the preparation of financial statements by reducing the number of requirements to which an entity must refer. The update is effective for annual reporting periods beginning after December 15, 2016, including interim periods within that reporting period. This updated guidance is not expected to have a material impact on our results of operations, cash flows or financial condition. | |
In August 2014, the FASB issued Accounting Standards Update “ASU” 2014-15 on “Presentation of Financial Statements Going Concern (Subtopic 205-40) – Disclosure of Uncertainties about an Entity’s Ability to Continue as a Going Concern”. Currently, there is no guidance in U.S. GAAP about management’s responsibility to evaluate whether there is substantial doubt about an entity’s ability to continue as a going concern or to provide related footnote disclosures. The amendments in this Update provide that guidance. In doing so, the amendments are intended to reduce diversity in the timing and content of footnote disclosures. The amendments require management to assess an entity’s ability to continue as a going concern by incorporating and expanding upon certain principles that are currently in U.S. auditing standards. Specifically, the amendments (1) provide a definition of the tern substantial doubt, (2) require an evaluation every reporting period including interim periods, (3) provide principles for considering the mitigating effect of management’s plans, (4) require certain disclosures when substantial doubt is alleviated as a result of consideration of management’s plans, (5) require an express statement and other disclosures when substantial doubt is not alleviated, and (6) require an assessment for a period of one year after the date that the financial statements are issued (or available to be issued). | |
The amendments in this Update are effective for public and nonpublic entities for annual periods ending after December 15, 2016. Early adoption is permitted. | |
RelatedParty_Transactions
Related-Party Transactions | 9 Months Ended |
Sep. 30, 2014 | |
Related Party Transactions [Abstract] | ' |
Related Party Transactions Disclosure [Text Block] | ' |
Note 3. Related-Party Transactions | |
Transactions with Common ownership affiliates | |
On January 24, 2006, the Company entered into a licensing agreement with AYA International, Inc. (“AYA”) granting AYA the right to use our trademarks in connection with its online video chat website, “Scoreslive.com.” The agreement with AYA provides for royalty payments to be made directly to the Company at the rate of 4.99% of weekly gross revenues from all revenue sources within the AYA website. On December 21, 2009, AYA transferred all of its rights in Scoreslive.com and in its licensing agreement with us to Swan Media Group, Inc., a newly formed New York corporation whose majority owner (70%) is Robert M. Gans, who is also the majority shareholder and chief executive officer of the Company. The Company is owed $107,279 and $95,899 in unpaid royalties and expenses as of September 30, 2014 and December 31, 2013, respectively. | |
On January 27, 2009, the Company entered into a licensing agreement with its affiliate through common ownership I.M. Operating LLC (“IMO”) for the use of the Scores brand name “Scores New York”. Robert M. Gans is the majority owner (72%) of IMO and is also the Company’s majority shareholder, and Howard Rosenbluth, the Company’s Secretary, Treasurer and a Director, owns 2%. IMO owes the Company a royalty receivable of $30,572 as of September 30, 2014. IMO paid for various years of administrative costs related to accounting, business development, insurance and legal services for the Company, which a portion thereof in the amount of $6,275 remains a payable to this related party as of December 31, 2013. The Company also leases office space directly from Westside Realty of New York, Inc. (WSR), the owner of the West 27th Street Building. The majority owner of WSR (80%) is Robert M. Gans. Since April 1, 2009, the monthly rent has been $2,500 per month including overhead costs. The Company owed WSR $7,500 and $107,500 in unpaid rents as of September 30, 2014 and December 31, 2013, respectively. | |
Effective January 1, 2013, the Company entered into a management services agreement with Metropolitan Lumber Hardware and Building Supplies, Inc., pursuant to which Metropolitan Lumber Hardware and Building Supplies, Inc. provides management and other services to the Company, including the services of Robert M. Gans and Howard Rosenbluth to act as executive officers of the Company. In consideration of the services, the Company pays Metropolitan Lumber Hardware and Building Supplies, Inc. a fee in the amount of $30,000 per year. The agreement may be terminated by either party upon ten days’ written notice. Mr. Gans is the sole owner of Metropolitan Lumber Hardware and Building Supplies, Inc. The Company owed Metropolitan Lumber Hardware and Building Supplies, Inc. $7,500 and $30,000 in unpaid management services as of September 30, 2014 and December 31, 2013, respectively. | |
The total amounts due to the various related parties as of September 30, 2014 and December 31, 2013 was $15,000 and $143,775 respectively and the total amounts due to the Company from the various related parties as of September 30, 2014 was $168,215. | |
Effective December 9, 2013, we granted an exclusive, non-transferable license for the use of the “Scores Atlantic City” name to Star Light Events LLC (“Star Light”) for its gentlemen’s club in Atlantic City, New Jersey. Royalties under this license are payable at the rate of $10,000 per month, commencing in April 2014, and the license is for a term of five years, with five successive five year renewal terms. Pursuant to the written agreement, we also granted Star Light a non-exclusive, non-transferable license to sell certain licensed products bearing our trademarks. Starlight will purchase the licensed products from us or our affiliates at our cost plus 25%. Robert M. Gans, our President, Chief Executive Officer and a director, is the majority owner (92.165%) of Star Light Events LLC and Howard Rosenbluth, our Secretary, Treasurer and a Director, owns 1%. | |
On December 9, 2013, the Company entered into a license agreement with its subsidiary, SLC, granting SLC the exclusive right to use certain trademarks, including the “Scores” stylized trademark, in connection with certain goods and services. The grant of license also includes the right to issue sublicenses to third parties, subject to the approval of the Company. Pursuant to the agreement, SLC shall pay to the Company a royalty, as determined by the Company, such as a percentage of net revenue or a flat fee, received in connection with the provision of services and/or sale of goods using the trademarks. SLC may also pay a percentage, as determined by the Company, of all royalties received by SLC under any sublicense agreements. SLC and any sublicensees are to adhere to quality standards as set by the Company, and the Company has the right to inspect all facilities and approve all promotional and marketing materials as well as any related packaging. The agreement has a one-year term with automatic one-year renewals, subject to either party’s election to terminate the agreement at least thirty days prior to such renewal. The Company also has the right to terminate the agreement, with immediate effect, upon the occurrence of certain events. The license is subject to any pre-existing license agreements as of the date of the agreement. | |
Intangible_Assets
Intangible Assets | 9 Months Ended |
Sep. 30, 2014 | |
Goodwill and Intangible Assets Disclosure [Abstract] | ' |
Intangible Assets [Text Block] | ' |
Note 4. Intangible Assets | |
Trademark | |
In connection with the acquisition of SLC, the Company acquired the trademark to the name “SCORES”. This trademark had a net recorded value at September 30, 2014 of $ -0-. This trademark has been registered in the United States, Canada, Japan and the European Community. The trademark has been completely amortized by straight line methods over an estimated useful life of ten years. The Company’s trademark having an infinite useful life by its definition was amortized over ten years due to the difficult New York legal environment for which the related showcase adult club is operating. This intangible asset was fully amortized as of September 30, 2011. | |
Licensees
Licensees | 9 Months Ended |
Sep. 30, 2014 | |
Licenses [Abstract] | ' |
Licenses Disclosure [Text Block] | ' |
Note 5. Licensees | |
The Company has fourteen license agreements which were obtained between 2003 and 2014; Stone Park Entertainment Group, Inc. known as “Scores Chicago”, Club 2000 Eastern Avenue Inc. known as “Scores Baltimore”, Silver Bourbon, Inc. known as “Scores New Orleans”, I.M Operating LLC known as “Scores New York”, Tampa Food and Entertainment Inc. known as “Scores Tampa”, Norm A Properties, LLC known as “Scores Detroit”, Swan Media Group, Inc. (formerly AYA International, Inc.) known as “Scores Live”, Southeast Show Clubs, LLC (which includes Scores Savannah, Scores Jacksonville and Scores West Palm Beach), Starlight Events LLC known as “Scores Atlantic City”, Scores Licensing Corp known as “SLC”, Houston KP LLC known as Scores Houston, Parallax Management Corporation known as “Scores Gary”, Manhattan Fashion, L.L.C. known as “Scores Harvey” and TWDDD,Inc. known as “Scores Mooresville”. | |
“IMO’s” members are our majority shareholder, Robert M. Gans (72%), and Secretary and Director, Howard Rosenbluth (2%) hence making “IMO” a related party. The building occupied by IMO is owned by Westside Realty of New York Inc., of which the majority owner is Robert M. Gans (80%). The club accounted for 13% and 22% of our royalty revenues during the first nine months of 2014 and 2013, respectively. Mr. Gans is also the majority owner (70%) of Swan Media Group, Inc., which accounted for 6% and 5% of our royalty revenues during the first nine months of 2014 and 2013. Mr. Gans is also the majority owner (92.165%) of Scores Atlantic City, which accounted for 10% of our royalty revenues during the first nine months of 2014. Royalties did not commence until April 2014. | |
SettlementNote_Receivables
Settlement/Note Receivables | 9 Months Ended |
Sep. 30, 2014 | |
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract] | ' |
Deferred Costs Capitalized Prepaid And Other Assets [Text Block] | ' |
Note 6. Settlement/Note Receivables | |
On September 26, 2011, the Company, Richard Goldring and Elliot Osher (Goldring and Osher were formerly two of the Company’s principal shareholders) (collectively the “Defendants”) and Sari Diaz et al. (the “Plaintiffs”) entered into a Court approved Joint Stipulation of Settlement and Release (the “Settlement Agreement”) relating to a purported class action and collective action on behalf of all tipped employees filed by Plaintiffs, pursuant to which Defendants agreed to make a settlement payment of $450,000 to resolve and settle awards to Plaintiffs and related Plaintiffs’ attorneys’ fees. Additionally, the Defendants agreed to pay the employer portion of payroll taxes on approximately $300,000 in distributions, approximately $15,600. | |
In a settlement payment agreement among the Company, Goldring and Osher, the Company agreed to advance all of the Defendants’ obligations under the Settlement Agreement and to pay $64,500 of Goldring’s and Osher’s legal fees to their designated attorney. In consideration for the Company’s payment of these obligations, Goldring and Osher agreed, jointly and severally, to pay the Company $440,000 plus interest at the rate of 5% per annum on the unpaid balance of such amount, in 40 equal monthly payments of $11,965 per month. To secure his obligations under this agreement, Goldring agreed to assign to the Company a portion of his interests in a promissory note dated September 14, 2009 in the principal amount of $2,400,000 made by a third party to Goldring (the “Note”) and to grant the Company a security interest in the Note, which will remain in effect until his obligations under this settlement payment agreement are paid in full. As of September 30, 2014, the settlement receivable is $59,084. | |
On December 29, 2011 the Company entered into a Promissory Note with Goldring for $30,000 plus interest at the rate of 5% per annum on the unpaid balance. To secure his obligations under this agreement, Goldring agreed to assign to the Company a portion of his interests in a promissory note dated September 14, 2009 in the principal amount of $2,400,000 made by a third party to Goldring (the “Note”) and to grant the Company a security interest in the Note, which will remain in effect until his obligations under this settlement payment agreement are paid in full. Three payments of $11,965 are due beginning March 2015. As of September 30, 2014, this promissory note balance is $34,412. | |
SettlementNote_Payable
Settlement/Note Payable | 9 Months Ended |
Sep. 30, 2014 | |
Account Payables And Accrued Liabilities [Abstract] | ' |
Notes Payable [Text Block] | ' |
Note 7. Settlement/Note Payable | |
As discussed in the Note regarding the settlement receivable it should be noted that Mr. Gans (the Company’s Chief Executive Officer and majority stockholder) advanced $560,151 to settle the Sari Diaz et. al. litigation and fund the $30,000 loan to Mr. Goldring. As of September 30, 2014, $85,899 is outstanding. | |
In March 2014, the Company filed a complaint against various parties for trademark infringement. A settlement was reached in which the Company would receive $150,000 and the defendants would cease and desist from further use of the trademarks. The first installment of $63,887 ($100,000 less legal fees) was received in March 2014.The second installment of $33,274 ($50,000 less legal fees) was collected in June 2014. | |
Commitments_and_Contingencies
Commitments and Contingencies | 9 Months Ended |
Sep. 30, 2014 | |
Commitments and Contingencies Disclosure [Abstract] | ' |
Commitments and Contingencies Disclosure [Text Block] | ' |
Note 8. Commitments and Contingencies | |
The Company records $2,500 a month as rent, overhead, and services dues to Metropolitan Lumber Hardware Building Supplies, Inc. for services rendered by the management of the Company. Mr. Gans is the sole owner of Metropolitan Lumber Hardware Building Supplies, Inc. | |
The Company currently leases office space from the Westside Realty of New York which is majority owned (80%) and operated by Robert Gans our majority shareholder, for $2,500 a month. | |
On June 14, 2011, Christina Maldonado, a former front door receptionist/coat checker at Scores New York, located in New York NY filed a civil lawsuit against the Company and IMO alleging violations of Title VII of the Civil Rights Act, New York State Human Rights Law, New York Executive Law, New York City Human Rights Law and the New York City Administrative Code, based on allegations of sexual discrimination and sexual harassment. The lawsuit further alleges that both the Company and IMO were her employers. The lawsuit seeks unspecified damages for alleged loss of past and future earnings and emotional distress and humiliation. The Company disputes that that it was an employer of the plaintiff and categorically denies all allegations of sexual discrimination and sexual harassment. The Company responded to the complaint and later filed an amended complaint and asserted a cross claim against IMO. The Company is vigorously defending itself in this litigation and does not expect that the outcome will be material. | |
On June 14, 2013, Elizabeth Shiflett, a former cocktail waitress, filed a civil lawsuit against the Company in the S.D.N.Y. alleging violations of Title VII of the Civil Rights Act of 1964 (“Title VII”), as amended, the New York State Human Rights Law (“NYSHRL”) and the New York City Human Rights Law (“NYCHRL”) based upon allegations of sexual discrimination, creating a hostile work environment based upon plaintiff’s sex and race and unlawful retaliation against plaintiff. The lawsuit further alleges that at all material times the Company was the employer of the plaintiff. The lawsuit had been preceded by a Determination of the U.S. Equal Employment Opportunity Commission (the “EEOC”) on January 25, 2013 that there was reasonable cause to believe that the Company had violated Title VII as a result of the complained-of conduct. The lawsuit seeks a declaratory judgment that the practices complained of violated Title VII, the NYSHRL and the NYCHRL, an injunction enjoining the Company from engaging in future unlawful acts of discrimination, harassment and retaliation, unspecified compensatory damages for plaintiff’s alleged loss of past and future earnings, emotional distress, humiliation and loss of reputation, punitive damages as a result of the Company’s alleged disregard of plaintiff’s protected civil rights, and attorneys’ fees and costs. The Company disputes that it was an employer of the plaintiff and categorically denies all allegations of sexual discrimination, sexual and racial harassment and retaliation. In an order dated April 10, 2014, the Court dismissed all federal claims. In May 2014, Ms. Shiflett filed an appeal. The Company will vigorously defend itself in this litigation and does not expect that the outcome will be material. | |
On or about March 7, 2014, Kiana Love, a former entertainer and masseuse at The Penthouse Executive Club and Scores New York, both located in New York, NY, filed a civil lawsuit in the SDNY against us, The Executive Club, LLC, Go West Entertainment, Inc., Scores Entertainment, Inc., Entertainment Management Services, Inc., 333 East 60th Street., Inc., I.M. Operating, LLC, Richard Goldring, Elliot Osher, Robert Gans and Mark Yackow (collectively “Defendants”), alleging, for the time during which she performed as a masseuse, violations of the state and federal wage and hour laws, including the New York Labor Law and Fair Labor Standards Act, based upon allegations of failure to pay minimum wage, uniform related expenses, and allegations of improper wage deductions and tip misappropriation as well as record keeping violations. The lawsuit further alleges that at all material times Defendants were employers of Ms. Love, the plaintiff, while she performed massage services at Scores New York as well as The Penthouse Executive Club. The lawsuit seeks unspecified compensatory damages for plaintiff’s alleged loss of past wages and reimbursement of allegedly unlawful deductions. We dispute that we were an employer of the plaintiff, who was at all material times an independent contractor, and categorically deny all allegations of violations of law, including the wage and hour laws, improper tip taking, and violations related to uniforms. The Complaint in the action was served in June 2014. Certain defendants, including Scores Holding Company, Inc. answered on July 21, 2014. The Executive Club LLC and I.M. Operating, LLC each interposed a counterclaim for offset / unjust enrichment which Plaintiff answered on August 13, 2014. The parties are presently exploring settlement. Fact discovery is scheduled to close in November 2014. | |
There are no other material legal proceedings pending to which the Company or any of its property is subject, nor to our knowledge are any such proceedings threatened. | |
Subsequent_Events
Subsequent Events | 9 Months Ended |
Sep. 30, 2014 | |
Subsequent Events [Abstract] | ' |
Subsequent Events [Text Block] | ' |
Note 9. Subsequent Events | |
Management evaluated subsequent events through the date of this filing and determined that no such events have occurred that would require adjustment to or disclosure in the financial statements. | |
Summary_of_Significant_Account1
Summary of Significant Accounting Principles (Policies) | 9 Months Ended |
Sep. 30, 2014 | |
Accounting Policies [Abstract] | ' |
Going Concern [Policy Text Block] | ' |
Going Concern | |
As of September 30, 2014 the Company has incurred cumulative losses (since the inception of its business) totaling $(6,010,872) and a working capital surplus of $212,431. The Company had net income of $347,275 for the nine months ended September 30, 2014. Because of these conditions, the Company will require additional working capital to develop business operations. The Company intends to raise additional working capital through the continued licensing of its brand with its current and new operators. There are no assurances that the Company will be able to achieve the level of revenues adequate to generate sufficient cash flow from operations to support the Company’s working capital requirements. To the extent that funds generated from any future use of licensing are insufficient, the Company will have to raise additional working capital. No assurance can be given that additional financing will be available, or if available, will be on terms acceptable to the Company. If adequate working capital is not available, the Company may not continue its operations. | |
These conditions raise substantial doubt about 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 asset carrying amounts or the amount and classification of liabilities that might be necessary should the Company be unable to continue as a going concern. | |
Concentration Risk, Credit Risk, Policy [Policy Text Block] | ' |
Concentration of Credit Risk | |
The Company earns all of its income from royalty revenues. | |
With regards to 2014, concentrations of sales from 5 licensees range from 15% to 18%, which there are receivables from 5 licensees ranging from 10% to 41% on these licensees for 2014. There are receivables from 3 licensees considered related parties of 11%, 12% and 41%. | |
With regards to 2013, concentrations of sales from 5 licensees range from 17% to 22%, which there are receivables from 3 licensees ranging from 12% to32% on these licensees for 2013. Included in these amounts for 2013 was 1 licensee considered a related party. Sales from this licensee were 22%. There is a receivable from 2 related party licensees of 12% and 32%. | |
Revenue Recognition, Policy [Policy Text Block] | ' |
Revenue recognition | |
The Company records revenues earned as royalties under its license agreements as they are earned over the term of the license agreements. The terms of the royalties earned under these license agreements vary from a flat monthly fee to a percentage of the revenues of the licensee on a monthly basis. If a license agreement is terminated then the remaining unearned balance of the deferred revenues are recorded as earned if applicable. | |
As a result of the tenuous nature of the gentlemen’s club industry in general and the resulting financial instability of several of our new licensees the company has implemented a policy of recognizing revenue for these specific entities as it is received rather than when it is earned. Once our relationship with them has been more firmly established and payments have been made regularly and on time we will report these revenues when earned. | |
Consolidation, Policy [Policy Text Block] | ' |
Principles of consolidation | |
The condensed consolidated financial statements include the accounts of the Company and its wholly-owned subsidiary. Inter-company items and transactions have been eliminated in consolidation. | |
Cash and Cash Equivalents, Policy [Policy Text Block] | ' |
Cash and cash equivalents | |
The Company considers all highly liquid temporary cash investments, with a maturity of three months or less when purchased, to be cash equivalents. There are times when cash may exceed $250,000, the FDIC insured limit. | |
Earnings Per Share, Policy [Policy Text Block] | ' |
Income Per Share | |
Net income per share data for both the nine-month period ending September 30, 2014 and 2013 are based on net income available to common shareholders divided by the weighted average of the number of common shares outstanding. As of September 30, 2014, there are no outstanding stock options. | |
Fair Value of Financial Instruments, Policy [Policy Text Block] | ' |
Fair Value of Financial Instruments | |
The carrying value of cash, trade receivables, prepaid expenses, other receivables, related party payables and accrued expenses, if applicable, approximate their fair values based on the short-term maturity of these instruments. The carrying amounts of debt were also estimated to approximate fair value. | |
The Company utilizes the methods of fair value measurement as described in ASC 820 to value its financial assets and liabilities. As defined in ASC 820, fair value is based on the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. In order to increase consistency and comparability in fair value measurements, ASC 820 establishes a fair value hierarchy that prioritizes observable and unobservable inputs used to measure fair value into three broad levels, which are described below: | |
Level 1: Quoted prices (unadjusted) in active markets that are accessible at the measurement date for assets or liabilities. The fair value hierarchy gives the highest priority to Level 1 inputs. | |
Level 2: Observable prices that are based on inputs not quoted on active markets, but corroborated by market data. | |
Level 3: Unobservable inputs are used when little or no market data is available. The fair value hierarchy gives the lowest priority to Level 3 inputs. | |
New Accounting Pronouncements, Policy [Policy Text Block] | ' |
New Accounting Pronouncements | |
In June 2014, FASB issued Accounting Standards Update (“ASU”) No. 2014-09, “Revenue from Contracts with Customers”. The update gives entities a single comprehensive model to use in reporting information about the amount and timing of revenue resulting from contracts to provide goods or services to customers. The proposed ASU, which would apply to any entity that enters into contracts to provide goods or services, would supersede the revenue recognition requirements in Topic 605, Revenue Recognition, and most industry-specific guidance throughout the Industry Topics of the Codification. Additionally, the update would supersede some cost guidance included in Subtopic 605-35, Revenue Recognition – Construction-Type and Production-Type Contracts. The update removes inconsistencies and weaknesses in revenue requirements and provides a more robust framework for addressing revenue issues and more useful information to users of financial statements through improved disclosure requirements. In addition, the update improves comparability of revenue recognition practices across entities, industries, jurisdictions, and capital markets and simplifies the preparation of financial statements by reducing the number of requirements to which an entity must refer. The update is effective for annual reporting periods beginning after December 15, 2016, including interim periods within that reporting period. This updated guidance is not expected to have a material impact on our results of operations, cash flows or financial condition. | |
In August 2014, the FASB issued Accounting Standards Update “ASU” 2014-15 on “Presentation of Financial Statements Going Concern (Subtopic 205-40) – Disclosure of Uncertainties about an Entity’s Ability to Continue as a Going Concern”. Currently, there is no guidance in U.S. GAAP about management’s responsibility to evaluate whether there is substantial doubt about an entity’s ability to continue as a going concern or to provide related footnote disclosures. The amendments in this Update provide that guidance. In doing so, the amendments are intended to reduce diversity in the timing and content of footnote disclosures. The amendments require management to assess an entity’s ability to continue as a going concern by incorporating and expanding upon certain principles that are currently in U.S. auditing standards. Specifically, the amendments (1) provide a definition of the tern substantial doubt, (2) require an evaluation every reporting period including interim periods, (3) provide principles for considering the mitigating effect of management’s plans, (4) require certain disclosures when substantial doubt is alleviated as a result of consideration of management’s plans, (5) require an express statement and other disclosures when substantial doubt is not alleviated, and (6) require an assessment for a period of one year after the date that the financial statements are issued (or available to be issued). | |
The amendments in this Update are effective for public and nonpublic entities for annual periods ending after December 15, 2016. Early adoption is permitted. | |
Summary_of_Significant_Account2
Summary of Significant Accounting Principles (Details Textual) (USD $) | 3 Months Ended | 9 Months Ended | |||
Sep. 30, 2014 | Sep. 30, 2013 | Sep. 30, 2014 | Sep. 30, 2013 | Dec. 31, 2013 | |
Accounting policies [Line Items] | ' | ' | ' | ' | ' |
Retained Earnings (Accumulated Deficit) | ($6,010,872) | ' | ($6,010,872) | ' | ($6,358,147) |
Working Capital Surplus Deficit | ' | ' | 212,431 | ' | ' |
Net Income | 114,611 | 64,420 | 347,275 | 169,607 | ' |
Cash, FDIC Insured Amount | $250,000 | ' | $250,000 | ' | ' |
Merchandising sales - 5 Licensees [Member] | Minimum [Member] | ' | ' | ' | ' | ' |
Accounting policies [Line Items] | ' | ' | ' | ' | ' |
Concentration Risk, Percentage | ' | ' | 15.00% | 17.00% | ' |
Merchandising sales - 5 Licensees [Member] | Maximum [Member] | ' | ' | ' | ' | ' |
Accounting policies [Line Items] | ' | ' | ' | ' | ' |
Concentration Risk, Percentage | ' | ' | 18.00% | 22.00% | ' |
Merchandising sales - 1 Licensees [Member] | ' | ' | ' | ' | ' |
Accounting policies [Line Items] | ' | ' | ' | ' | ' |
Concentration Risk, Percentage | ' | ' | ' | 22.00% | ' |
Merchandise Receivables - 5 Licensees [Member] | Minimum [Member] | ' | ' | ' | ' | ' |
Accounting policies [Line Items] | ' | ' | ' | ' | ' |
Concentration Risk, Percentage | ' | ' | 10.00% | ' | ' |
Merchandise Receivables - 5 Licensees [Member] | Maximum [Member] | ' | ' | ' | ' | ' |
Accounting policies [Line Items] | ' | ' | ' | ' | ' |
Concentration Risk, Percentage | ' | ' | 41.00% | ' | ' |
Merchandise Receivables - 3 Licensees [Member] | Minimum [Member] | ' | ' | ' | ' | ' |
Accounting policies [Line Items] | ' | ' | ' | ' | ' |
Concentration Risk, Percentage | ' | ' | ' | 12.00% | ' |
Merchandise Receivables - 3 Licensees [Member] | Maximum [Member] | ' | ' | ' | ' | ' |
Accounting policies [Line Items] | ' | ' | ' | ' | ' |
Concentration Risk, Percentage | ' | ' | ' | 32.00% | ' |
Merchandise Receivables - 1st of 3 Licencees [Member] | ' | ' | ' | ' | ' |
Accounting policies [Line Items] | ' | ' | ' | ' | ' |
Concentration Risk, Percentage | ' | ' | 11.00% | ' | ' |
Merchandise Receivables - 2nd of 3 Licencees [Member] | ' | ' | ' | ' | ' |
Accounting policies [Line Items] | ' | ' | ' | ' | ' |
Concentration Risk, Percentage | ' | ' | 12.00% | ' | ' |
Merchandise Receivables - 3rd of 3 Licencees [Member] | ' | ' | ' | ' | ' |
Accounting policies [Line Items] | ' | ' | ' | ' | ' |
Concentration Risk, Percentage | ' | ' | 41.00% | ' | ' |
Merchandise Receivables - 1st of 2 Licencees [Member] | ' | ' | ' | ' | ' |
Accounting policies [Line Items] | ' | ' | ' | ' | ' |
Concentration Risk, Percentage | ' | ' | ' | 12.00% | ' |
Merchandise Receivables - 2nd of 2 Licencees [Member] | ' | ' | ' | ' | ' |
Accounting policies [Line Items] | ' | ' | ' | ' | ' |
Concentration Risk, Percentage | ' | ' | ' | 32.00% | ' |
RelatedParty_Transactions_Deta
Related-Party Transactions (Details Textual) (USD $) | 0 Months Ended | 1 Months Ended | 9 Months Ended | 9 Months Ended | |||||||||||||||||
Dec. 09, 2013 | Jan. 24, 2006 | Sep. 30, 2014 | Apr. 30, 2014 | Dec. 31, 2013 | Sep. 30, 2014 | Dec. 31, 2013 | Dec. 31, 2013 | Sep. 30, 2014 | Sep. 30, 2014 | Sep. 30, 2014 | Dec. 31, 2013 | Dec. 09, 2013 | Dec. 09, 2013 | Jan. 27, 2009 | Sep. 30, 2014 | Jan. 27, 2009 | Sep. 30, 2014 | Dec. 21, 2009 | Jan. 27, 2009 | Sep. 30, 2014 | |
Robert M. Gans [Member] | Robert M. Gans [Member] | I.M. Operating LLC [Member] | I.M. Operating LLC [Member] | I.M. Operating LLC [Member] | Metropolitan Lumber [Member] | Metropolitan Lumber [Member] | Star Light Evens LLC [Member] | Star Light Evens LLC [Member] | Scores New York [Member] | Scores New York [Member] | Scores New York [Member] | Swan Media Group, Inc [Member] | Swan Media Group, Inc [Member] | Westside Realty of New York Inc [Member] | Westside Realty of New York Inc [Member] | ||||||
Robert M. Gans [Member] | Royalty Receivable [Member] | Director [Member] | Robert M. Gans [Member] | Director [Member] | Robert M. Gans [Member] | Robert M. Gans [Member] | Robert M. Gans [Member] | Robert M. Gans [Member] | Director [Member] | Robert M. Gans [Member] | |||||||||||
Related Party Transaction [Line Items] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Due To Related Parties, Current | ' | ' | $15,000 | ' | $143,775 | ' | ' | $6,275 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Related Party Rent Per Month | ' | ' | ' | ' | ' | 2,500 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Rent Payable, Related Party | ' | ' | ' | ' | ' | 7,500 | 107,500 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Management Services, Fee Amount Per Year | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 30,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Management Services, Fee Payable | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 7,500 | 30,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Royalty Payment Rate On Gross Revenue | ' | 4.99% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Royalties And Expenses Payable, Related Party | ' | ' | 107,279 | ' | 95,899 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Related Party Royalties Payable Per Month | ' | ' | ' | 10,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Due to Affiliate | ' | ' | ' | ' | ' | ' | ' | ' | ' | 30,572 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
License Agreement Selling Price Description | 'Starlight will purchase the licensed products from us or our affiliates at our cost plus 25%. | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Due from Related Parties, Current | ' | ' | $168,215 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Equity Method Investment, Ownership Percentage | ' | ' | ' | ' | ' | ' | ' | ' | 72.00% | ' | ' | ' | 1.00% | 92.17% | 2.00% | 2.00% | 72.00% | 70.00% | 70.00% | 80.00% | 80.00% |
Intangible_Assets_Details_Text
Intangible Assets (Details Textual) (USD $) | Sep. 30, 2014 |
Indefinite-lived Intangible Assets [Line Items] | ' |
Intangible Assets, Net (Excluding Goodwill) | $0 |
Licensees_Details_Textual
Licensees (Details Textual) | 9 Months Ended | 9 Months Ended | 9 Months Ended | |||||||||
Sep. 30, 2014 | Sep. 30, 2013 | Sep. 30, 2014 | Sep. 30, 2014 | Sep. 30, 2013 | Sep. 30, 2014 | Dec. 21, 2009 | Sep. 30, 2014 | Sep. 30, 2014 | Sep. 30, 2014 | Jan. 27, 2009 | Sep. 30, 2014 | |
I.M. Operating LLC [Member] | I.M. Operating LLC [Member] | I.M. Operating LLC [Member] | Swan Media Group, Inc [Member] | Swan Media Group, Inc [Member] | Swan Media Group, Inc [Member] | Swan Media Group, Inc [Member] | Scores Atlantic City [Member] | Scores Atlantic City [Member] | Scores New York [Member] | Scores New York [Member] | Westside Realty of New York Inc [Member] | |
Robert M. Gans [Member] | Robert M. Gans [Member] | Robert M. Gans [Member] | Robert M. Gans [Member] | Robert M. Gans [Member] | Robert M. Gans [Member] | Robert M. Gans [Member] | ||||||
Licenses [Line Items] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Percentage Of Royalty Revenue | 13.00% | 22.00% | ' | 6.00% | 5.00% | ' | ' | 10.00% | ' | ' | ' | ' |
Equity Method Investment, Ownership Percentage | ' | ' | 72.00% | ' | ' | 70.00% | 70.00% | ' | 92.17% | 2.00% | 72.00% | 80.00% |
SettlementNote_Receivables_Det
Settlement/Note Receivables (Details Textual) (USD $) | 1 Months Ended | 9 Months Ended | ||
Sep. 26, 2011 | Sep. 30, 2014 | Dec. 29, 2011 | Sep. 14, 2009 | |
Settlement and Note Receivables [Line Items] | ' | ' | ' | ' |
Loss Contingency Settlement Payment By Defendant | $450,000 | ' | ' | ' |
Loss Contingency Agreement, Payroll Distributions | 300,000 | ' | ' | ' |
Loss Contingency Settlement, Additional Payment By Defendant | 15,600 | ' | ' | ' |
Loss Contingency Settlement Agreement, Advances To Defendant | 64,500 | ' | ' | ' |
Loss Contingency Settlement, Amount Receivable | 440,000 | ' | ' | ' |
Loss Contingency Settlement, Interest Rate On Receivables | 5.00% | ' | ' | ' |
Loss Contingency Settlement Agreement Amount Receivable Per Installment | 11,965 | ' | ' | ' |
Loss Contingency Settlement, Note Receivable | ' | ' | ' | 2,400,000 |
Settlement Assets Current And Noncurrent | ' | 59,084 | ' | ' |
Debt Instrument, Face Amount | ' | ' | 30,000 | ' |
Debt Instrument, Interest Rate, Stated Percentage | ' | ' | 5.00% | ' |
Notes Payable, Current | ' | $34,412 | ' | ' |
SettlementNote_Payable_Details
Settlement/Note Payable (Details Textual) (USD $) | 3 Months Ended | 9 Months Ended | 3 Months Ended | 9 Months Ended | |||
Sep. 30, 2014 | Sep. 30, 2013 | Sep. 30, 2014 | Mar. 31, 2014 | Jun. 30, 2014 | Sep. 30, 2014 | Sep. 30, 2014 | |
First Instalment [Member] | Second Instalment [Member] | Mr. Gans [Member] | Mr. Goldring [Member] | ||||
Account Payables And Accrued Liabilities [Line Items] | ' | ' | ' | ' | ' | ' | ' |
Advance For Settlement Of Litigation | ' | ' | ' | ' | ' | $560,151 | ' |
Loan Amount | ' | ' | ' | ' | ' | ' | 30,000 |
Settlement Liability, Outstanding | 85,899 | ' | 85,899 | ' | ' | ' | ' |
Litigation Settlement, Amount | 0 | 0 | 97,161 | 63,887 | 33,274 | ' | ' |
Legal Fees | ' | ' | ' | 100,000 | 50,000 | ' | ' |
Loss Contingency, Damages Awarded, Value | ' | ' | $150,000 | ' | ' | ' | ' |
Commitments_and_Contingencies_
Commitments and Contingencies (Details Textual) (USD $) | 9 Months Ended |
Sep. 30, 2014 | |
Other Commitments [Line Items] | ' |
Contributed Services Rent Per Month | $2,500 |
Percentage Of Operating Lease Owned | 80.00% |
Robert M. Gans [Member] | ' |
Other Commitments [Line Items] | ' |
Lease Amount Per Month | $2,500 |