10-Q Filing

STRAGENICS, INC. CIK: 1456993 Q2 2011

Filing Information

Form Type	10-Q
Accession Number	`0001213900-12-003401`
Period End Date	20110630
Filing Date	20120619
Fiscal Year	2011
Fiscal Period	Q2
XBRL Instance	rxac-20110630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 50 Income Statement 60 Cash Flow Statement 58

Balance Sheet 50 line items

Line Item	Tag	Value	Unit	Period
Common Stock, Shares Authorized	`CommonStockSharesAuthorized`	250.00M	shares	Point-in-time
Common Stock, Shares Authorized	`CommonStockSharesAuthorized`	250.00M	shares	Point-in-time
Common Stock, Par or Stated Value Per Share	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common Stock, Par or Stated Value Per Share	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common Stock, Shares, Issued	`CommonStockSharesIssued`	75.00M	shares	Point-in-time
Common Stock, Shares, Issued	`CommonStockSharesIssued`	75.00M	shares	Point-in-time
Common Stock, Shares, Outstanding	`CommonStockSharesOutstanding`	75.00M	shares	Point-in-time
Common Stock, Shares, Outstanding	`CommonStockSharesOutstanding`	75.00M	shares	Point-in-time
Cash	`Cash`	$9.62K	USD	Point-in-time
Cash	`Cash`	$167.73K	USD	Point-in-time
Inventory	`InventoryNet`	-	USD	Point-in-time
Inventory	`InventoryNet`	$20.27K	USD	Point-in-time
Current portion of notes receivable (Note 3)	`NotesAndLoansReceivableNetCurrent`	$4.48K	USD	Point-in-time
Current portion of notes receivable (Note 3)	`NotesAndLoansReceivableNetCurrent`	$5.23K	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$249.00	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$2.25K	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$175.21K	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$34.62K	USD	Point-in-time
Property and equipment	`PropertyPlantAndEquipmentNet`	$1.31K	USD	Point-in-time
Property and equipment	`PropertyPlantAndEquipmentNet`	-	USD	Point-in-time
Notes receivable (Note 3)	`NotesAndLoansReceivableNetNoncurrent`	$13.44K	USD	Point-in-time
Notes receivable (Note 3)	`NotesAndLoansReceivableNetNoncurrent`	$11.20K	USD	Point-in-time
Total Assets	`Assets`	$45.83K	USD	Point-in-time
Total Assets	`Assets`	$189.96K	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$19.80K	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$9.14K	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$75.50K	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$65.00K	USD	Point-in-time
Accrued interest payable	`InterestAndDividendsPayableCurrent`	$59.39K	USD	Point-in-time
Accrued interest payable	`InterestAndDividendsPayableCurrent`	$30.19K	USD	Point-in-time
Due to related parties (Note 4)	`DueToRelatedPartiesCurrent`	$259.70K	USD	Point-in-time
Due to related parties (Note 4)	`DueToRelatedPartiesCurrent`	$347.17K	USD	Point-in-time
Loans payable (Note 5)	`LoansPayableCurrent`	$80.56K	USD	Point-in-time
Loans payable (Note 5)	`LoansPayableCurrent`	$197.56K	USD	Point-in-time
Convertible debt, net of unamortized discount (Note 6)	`ConvertibleDebtCurrent`	$604.26K	USD	Point-in-time
Convertible debt, net of unamortized discount (Note 6)	`ConvertibleDebtCurrent`	$974.10K	USD	Point-in-time
Derivative liabilities (Note 7)	`DerivativeLiabilitiesCurrent`	$1.27M	USD	Point-in-time
Derivative liabilities (Note 7)	`DerivativeLiabilitiesCurrent`	$472.97K	USD	Point-in-time
Total Liabilities	`Liabilities`	$2.03M	USD	Point-in-time
Total Liabilities	`Liabilities`	$2.43M	USD	Point-in-time
Common Stock	`CommonStockValue`	$7.50K	USD	Point-in-time
Common Stock	`CommonStockValue`	$7.50K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$12.08K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$12.08K	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-2.26M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-2.00M	USD	Point-in-time
Total Stockholders' Deficit	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-1.98M	USD	Point-in-time
Total Stockholders' Deficit	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-2.24M	USD	Point-in-time
Total Liabilities and Shareholders' Deficit	`LiabilitiesAndStockholdersEquity`	$189.96K	USD	Point-in-time
Total Liabilities and Shareholders' Deficit	`LiabilitiesAndStockholdersEquity`	$45.83K	USD	Point-in-time

Income Statement 60 line items

Line Item	Tag	Value	Unit	Period
Revenues	`Revenues`	$49.26K	USD	2 Qtrs
Revenues	`Revenues`	$342.30K	USD	1 Quarter
Revenues	`Revenues`	$346.50K	USD	2 Qtrs
Revenues	`Revenues`	-	USD	1 Quarter
Cost of revenues	`CostOfRevenue`	$234.75K	USD	1 Quarter
Cost of revenues	`CostOfRevenue`	$40.63K	USD	2 Qtrs
Cost of revenues	`CostOfRevenue`	$100.00	USD	1 Quarter
Cost of revenues	`CostOfRevenue`	$238.34K	USD	2 Qtrs
Gross Profit	`GrossProfit`	$8.63K	USD	2 Qtrs
Gross Profit	`GrossProfit`	$-100.00	USD	1 Quarter
Gross Profit	`GrossProfit`	$108.15K	USD	2 Qtrs
Gross Profit	`GrossProfit`	$107.55K	USD	1 Quarter
Depreciation	`DepreciationAndAmortization`	$44.00	USD	1 Quarter
Depreciation	`DepreciationAndAmortization`	$75.00	USD	2 Qtrs
Depreciation	`DepreciationAndAmortization`	$44.00	USD	2 Qtrs
Depreciation	`DepreciationAndAmortization`	-	USD	1 Quarter
Selling, general, and administrative (Note 4)	`SellingGeneralAndAdministrativeExpense`	$226.89K	USD	2 Qtrs
Selling, general, and administrative (Note 4)	`SellingGeneralAndAdministrativeExpense`	$19.16K	USD	1 Quarter
Selling, general, and administrative (Note 4)	`SellingGeneralAndAdministrativeExpense`	$196.25K	USD	1 Quarter
Selling, general, and administrative (Note 4)	`SellingGeneralAndAdministrativeExpense`	$41.49K	USD	2 Qtrs
Professional fees	`ProfessionalFees`	$41.19K	USD	2 Qtrs
Professional fees	`ProfessionalFees`	$39.04K	USD	1 Quarter
Professional fees	`ProfessionalFees`	$205.81K	USD	2 Qtrs
Professional fees	`ProfessionalFees`	$168.41K	USD	1 Quarter
Total Expenses	`OperatingExpenses`	$235.34K	USD	1 Quarter
Total Expenses	`OperatingExpenses`	$247.37K	USD	2 Qtrs
Total Expenses	`OperatingExpenses`	$268.13K	USD	2 Qtrs
Total Expenses	`OperatingExpenses`	$187.57K	USD	1 Quarter
Loss from Operations	`OperatingIncomeLoss`	$-238.74K	USD	2 Qtrs
Loss from Operations	`OperatingIncomeLoss`	$-127.79K	USD	1 Quarter
Loss from Operations	`OperatingIncomeLoss`	$-187.67K	USD	1 Quarter
Loss from Operations	`OperatingIncomeLoss`	$-159.98K	USD	2 Qtrs
Accretion of discounts on convertible debt	`AccretionExpense`	$9.66K	USD	1 Quarter
Accretion of discounts on convertible debt	`AccretionExpense`	$197.19K	USD	1 Quarter
Accretion of discounts on convertible debt	`AccretionExpense`	$374.36K	USD	2 Qtrs
Accretion of discounts on convertible debt	`AccretionExpense`	$26.75K	USD	2 Qtrs
Gain on change in fair value of derivative liabilities	`IncreaseDecreaseInFairValueOfUnhedgedDerivativeInstruments`	$538.67K	USD	1 Quarter
Gain on change in fair value of derivative liabilities	`IncreaseDecreaseInFairValueOfUnhedgedDerivativeInstruments`	$917.87K	USD	2 Qtrs
Gain on change in fair value of derivative liabilities	`IncreaseDecreaseInFairValueOfUnhedgedDerivativeInstruments`	$47.95K	USD	2 Qtrs
Gain on change in fair value of derivative liabilities	`IncreaseDecreaseInFairValueOfUnhedgedDerivativeInstruments`	$47.95K	USD	1 Quarter
Interest expense	`InterestExpenseDebt`	$19.52K	USD	2 Qtrs
Interest expense	`InterestExpenseDebt`	$46.71K	USD	2 Qtrs
Interest expense	`InterestExpenseDebt`	$16.84K	USD	1 Quarter
Interest expense	`InterestExpenseDebt`	$24.22K	USD	1 Quarter
Total Other Income (Expense)	`NonoperatingIncomeExpense`	$496.80K	USD	2 Qtrs
Total Other Income (Expense)	`NonoperatingIncomeExpense`	$317.25K	USD	1 Quarter
Total Other Income (Expense)	`NonoperatingIncomeExpense`	$1.68K	USD	2 Qtrs
Total Other Income (Expense)	`NonoperatingIncomeExpense`	$21.45K	USD	1 Quarter
Net Income (Loss) for the Period	`ProfitLoss`	$-158.29K	USD	2 Qtrs
Net Income (Loss) for the Period	`ProfitLoss`	$-106.34K	USD	1 Quarter
Net Income (Loss) for the Period	`ProfitLoss`	$258.06K	USD	2 Qtrs
Net Income (Loss) for the Period	`ProfitLoss`	$129.58K	USD	1 Quarter
Net Income (Loss) Per Share, Basic and Diluted	`EarningsPerShareBasicAndDiluted`	-	USD	1 Quarter
Net Income (Loss) Per Share, Basic and Diluted	`EarningsPerShareBasicAndDiluted`	-	USD	2 Qtrs
Net Income (Loss) Per Share, Basic and Diluted	`EarningsPerShareBasicAndDiluted`	-	USD	1 Quarter
Net Income (Loss) Per Share, Basic and Diluted	`EarningsPerShareBasicAndDiluted`	-	USD	2 Qtrs
Weighted Average Shares Outstanding	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	75.00M	shares	2 Qtrs
Weighted Average Shares Outstanding	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	75.00M	shares	1 Quarter
Weighted Average Shares Outstanding	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	75.00M	shares	1 Quarter
Weighted Average Shares Outstanding	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	75.00M	shares	2 Qtrs

Cash Flow Statement 58 line items

Line Item	Tag	Value	Unit	Period
Net income (loss) for the period	`ProfitLoss`	$-158.29K	USD	2 Qtrs
Net income (loss) for the period	`ProfitLoss`	$-106.34K	USD	1 Quarter
Net income (loss) for the period	`ProfitLoss`	$258.06K	USD	2 Qtrs
Net income (loss) for the period	`ProfitLoss`	$129.58K	USD	1 Quarter
Accretion of discounts on convertible debt	`AccretionExpenseIncludingAssetRetirementObligations`	$374.36K	USD	2 Qtrs
Accretion of discounts on convertible debt	`AccretionExpenseIncludingAssetRetirementObligations`	$26.75K	USD	2 Qtrs
Depreciation	`Depreciation`	$44.00	USD	2 Qtrs
Depreciation	`Depreciation`	$75.00	USD	2 Qtrs
Fixed assets exchanged for settlement of legal expenses	`FixedAssetsExchangedForSettlementOfLegalExpenses`	$1.23K	USD	2 Qtrs
Fixed assets exchanged for settlement of legal expenses	`FixedAssetsExchangedForSettlementOfLegalExpenses`	-	USD	2 Qtrs
Gain on change in fair value of derivative liabilities	`UnrealizedGainLossOnDerivatives`	$-47.95K	USD	2 Qtrs
Gain on change in fair value of derivative liabilities	`UnrealizedGainLossOnDerivatives`	$-917.87K	USD	2 Qtrs
Inventory	`IncreaseDecreaseInInventories`	-	USD	2 Qtrs
Inventory	`IncreaseDecreaseInInventories`	$-150.90K	USD	2 Qtrs
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$2.00K	USD	2 Qtrs
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$5.00K	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayableTrade`	$26.58K	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayableTrade`	$10.66K	USD	2 Qtrs
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$15.55K	USD	2 Qtrs
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$10.50K	USD	2 Qtrs
Accrued interest payable	`IncreaseDecreaseInInterestPayableNet`	$10.82K	USD	2 Qtrs
Accrued interest payable	`IncreaseDecreaseInInterestPayableNet`	$29.20K	USD	2 Qtrs
Due to related parties	`IncreaseDecreaseInDueToRelatedPartiesCurrent`	$97.31K	USD	2 Qtrs
Due to related parties	`IncreaseDecreaseInDueToRelatedPartiesCurrent`	$87.47K	USD	2 Qtrs
Net Cash Used In Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$-144.31K	USD	2 Qtrs
Net Cash Used In Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$-175.09K	USD	2 Qtrs
Purchase of Fixed Assets	`PaymentsToAcquirePropertyPlantAndEquipment`	$1.50K	USD	2 Qtrs
Purchase of Fixed Assets	`PaymentsToAcquirePropertyPlantAndEquipment`	-	USD	2 Qtrs
Proceeds from note receivable	`ProceedsFromCollectionOfNotesReceivable`	$2.99K	USD	2 Qtrs
Proceeds from note receivable	`ProceedsFromCollectionOfNotesReceivable`	$1.13K	USD	2 Qtrs
Net Cash Provided By (Used In) Investing Activities	`NetCashProvidedByUsedInInvestingActivities`	$-365.00	USD	2 Qtrs
Net Cash Provided By (Used In) Investing Activities	`NetCashProvidedByUsedInInvestingActivities`	$2.99K	USD	2 Qtrs
Repayments of loans payable	`RepaymentsOfUnsecuredDebt`	-	USD	2 Qtrs
Repayments of loans payable	`RepaymentsOfUnsecuredDebt`	$183.23K	USD	2 Qtrs
Proceeds from loans payable	`ProceedsFromIssuanceOfUnsecuredDebt`	$2.52K	USD	2 Qtrs
Proceeds from loans payable	`ProceedsFromIssuanceOfUnsecuredDebt`	$45.96K	USD	2 Qtrs
Proceeds from convertible debt	`ProceedsFromConvertibleDebt`	$175.00K	USD	2 Qtrs
Proceeds from convertible debt	`ProceedsFromConvertibleDebt`	$125.00K	USD	2 Qtrs
Repayment of convertible debt	`RepaymentsOfConvertibleDebt`	-	USD	2 Qtrs
Repayment of convertible debt	`RepaymentsOfConvertibleDebt`	$4.51K	USD	2 Qtrs
Net Cash (Used In) Provided By Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$177.52K	USD	2 Qtrs
Net Cash (Used In) Provided By Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$-16.78K	USD	2 Qtrs
Change in Cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-158.10K	USD	2 Qtrs
Change in Cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$2.06K	USD	2 Qtrs
Cash, Beginning of Period	`CashAndCashEquivalentsAtCarryingValue`	$4.68K	USD	Point-in-time
Cash, Beginning of Period	`CashAndCashEquivalentsAtCarryingValue`	$167.73K	USD	Point-in-time
Cash, Beginning of Period	`CashAndCashEquivalentsAtCarryingValue`	$9.62K	USD	Point-in-time
Cash, Beginning of Period	`CashAndCashEquivalentsAtCarryingValue`	$2.62K	USD	Point-in-time
Cash, End of Period	`CashAndCashEquivalentsAtCarryingValue`	$4.68K	USD	Point-in-time
Cash, End of Period	`CashAndCashEquivalentsAtCarryingValue`	$167.73K	USD	Point-in-time
Cash, End of Period	`CashAndCashEquivalentsAtCarryingValue`	$9.62K	USD	Point-in-time
Cash, End of Period	`CashAndCashEquivalentsAtCarryingValue`	$2.62K	USD	Point-in-time
Interest paid	`InterestPaid`	$9.86K	USD	2 Qtrs
Interest paid	`InterestPaid`	$17.51K	USD	2 Qtrs
Income taxes paid	`IncomeTaxesPaid`	-	USD	2 Qtrs
Income taxes paid	`IncomeTaxesPaid`	-	USD	2 Qtrs
Inventory acquired through loan payable	`NoncashOrPartNoncashAcquisitionInventoryAcquired1`	$20.27K	USD	2 Qtrs
Inventory acquired through loan payable	`NoncashOrPartNoncashAcquisitionInventoryAcquired1`	-	USD	2 Qtrs

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.