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Business Description and Going Concern (Details Narrative) (USD $)
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6 Months Ended | ||
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Jun. 30, 2011
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Sep. 30, 2012
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Dec. 31, 2011
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| Business Description And Going Concern Details Narrative | |||
| Biozone acquisition description |
On
June 30, 2011, we acquired: (i) 100% of the outstanding common stock of BioZone Laboratories, Inc. (“BioZone
Labs”) in exchange for 19,266,055 shares of our common stock; (ii) 100% of the outstanding membership interests of
Equalan, LLC (“Equalan”) and Equachem, LLC (“Equachem”) in exchange for 1,027,523 and 385,321 shares
of our common stock, respectively; and (iii) 45% of the outstanding membership interests of BetaZone Laboratories, LLC
(“BetaZone”) in exchange for 321,101 shares of our common stock, for a total of 21 million shares. The
acquired entities shared substantially common ownership prior to the foregoing acquisition. (We refer to BioZone Labs,
Equalan, Equachem and BetaZone, collectively as the “BioZone Lab Group”).
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| Total shareholders' deficiency | $ (74,927) | $ (2,769,125) | |
| Working Capital | (1,777,778) | ||
| Derivative instruments | $ 595,104 | $ 883,619 |
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- Definition
Description of the Biozone acquisition. No definition available.
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- Details
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- Definition
The amount of working capital the company has on hand. No definition available.
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- Definition
Fair values as of the balance sheet date of all liabilities resulting from contracts that meet the criteria of being accounted for as derivative instruments, and which are expected to be extinguished or otherwise disposed of within a year or the normal operating cycle, if longer, net of the effects of master netting arrangements. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Total of all stockholders' equity (deficit) items, net of receivables from officers, directors, owners, and affiliates of the entity which are attributable to the parent. The amount of the economic entity's stockholders' equity attributable to the parent excludes the amount of stockholders' equity which is allocable to that ownership interest in subsidiary equity which is not attributable to the parent (noncontrolling interest, minority interest). This excludes temporary equity and is sometimes called permanent equity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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