10-Q Filing

STRAGENICS, INC. CIK: 1456993 Q2 2011

Filing Information

Form Type	10-Q
Accession Number	`0001213900-12-003437`
Period End Date	20110930
Filing Date	20120622
Fiscal Year	2011
Fiscal Period	Q2
XBRL Instance	rxac-20110930.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 48 Income Statement 64 Cash Flow Statement 62

Balance Sheet 48 line items

Line Item	Tag	Value	Unit	Period
Common Stock, par value per share	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common Stock, par value per share	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common Stock, shares authorized	`CommonStockSharesAuthorized`	250.00M	shares	Point-in-time
Common Stock, shares authorized	`CommonStockSharesAuthorized`	250.00M	shares	Point-in-time
Common Stock, shares issued	`CommonStockSharesIssued`	75.00M	shares	Point-in-time
Common Stock, shares issued	`CommonStockSharesIssued`	78.63M	shares	Point-in-time
Common Stock, shares outstanding	`CommonStockSharesOutstanding`	78.63M	shares	Point-in-time
Common Stock, shares outstanding	`CommonStockSharesOutstanding`	75.00M	shares	Point-in-time
Cash	`Cash`	$380.00	USD	Point-in-time
Cash	`Cash`	$167.73K	USD	Point-in-time
Current portion of notes receivable (Note 3)	`NotesAndLoansReceivableNetCurrent`	$5.23K	USD	Point-in-time
Current portion of notes receivable (Note 3)	`NotesAndLoansReceivableNetCurrent`	$4.48K	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$2.25K	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$249.00	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$175.21K	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$5.11K	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`	$10.83K	USD	Point-in-time
Total Assets	`Assets`	$189.96K	USD	Point-in-time
Total Assets	`Assets`	$15.94K	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$29.00K	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`	$72.69K	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`	$397.17K	USD	Point-in-time
Loans payable (Note 5)	`LoansPayableCurrent`	$30.55K	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`	$1.17M	USD	Point-in-time
Derivative liabilities (Note 7)	`DerivativeLiabilitiesCurrent`	$1.27M	USD	Point-in-time
Derivative liabilities (Note 7)	`DerivativeLiabilitiesCurrent`	$749.52K	USD	Point-in-time
Total Liabilities	`Liabilities`	$2.43M	USD	Point-in-time
Total Liabilities	`Liabilities`	$2.52M	USD	Point-in-time
Common Stock: Authorized: 250,000,000 common shares, $0.0001 par value; Issued and outstanding: 78,632,792 shares	`CommonStockValue`	$7.50K	USD	Point-in-time
Common Stock: Authorized: 250,000,000 common shares, $0.0001 par value; Issued and outstanding: 78,632,792 shares	`CommonStockValue`	$7.86K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$45.52K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$12.08K	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-2.56M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-2.26M	USD	Point-in-time
Total Stockholders' Deficit	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-2.50M	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`	$15.94K	USD	Point-in-time

Income Statement 64 line items

Line Item	Tag	Value	Unit	Period
Revenues	`Revenues`	$65.95K	USD	1 Quarter
Revenues	`Revenues`	$49.26K	USD	3 Qtrs
Revenues	`Revenues`	$412.44K	USD	3 Qtrs
Revenues	`Revenues`	-	USD	1 Quarter
Cost of revenues	`CostOfRevenue`	$282.71K	USD	3 Qtrs
Cost of revenues	`CostOfRevenue`	$40.63K	USD	3 Qtrs
Cost of revenues	`CostOfRevenue`	$44.37K	USD	1 Quarter
Cost of revenues	`CostOfRevenue`	-	USD	1 Quarter
Gross Profit	`GrossProfit`	$21.58K	USD	1 Quarter
Gross Profit	`GrossProfit`	$129.73K	USD	3 Qtrs
Gross Profit	`GrossProfit`	-	USD	1 Quarter
Gross Profit	`GrossProfit`	$8.63K	USD	3 Qtrs
Depreciation	`DepreciationAndAmortization`	$75.00	USD	3 Qtrs
Depreciation	`DepreciationAndAmortization`	-	USD	1 Quarter
Depreciation	`DepreciationAndAmortization`	$120.00	USD	3 Qtrs
Depreciation	`DepreciationAndAmortization`	$76.00	USD	1 Quarter
Selling, general, and administrative (Note 5)	`SellingGeneralAndAdministrativeExpense`	$10.42K	USD	1 Quarter
Selling, general, and administrative (Note 5)	`SellingGeneralAndAdministrativeExpense`	$27.84K	USD	1 Quarter
Selling, general, and administrative (Note 5)	`SellingGeneralAndAdministrativeExpense`	$254.73K	USD	3 Qtrs
Selling, general, and administrative (Note 5)	`SellingGeneralAndAdministrativeExpense`	$51.91K	USD	3 Qtrs
Professional fees	`ProfessionalFees`	$257.71K	USD	3 Qtrs
Professional fees	`ProfessionalFees`	$51.90K	USD	1 Quarter
Professional fees	`ProfessionalFees`	$155.26K	USD	3 Qtrs
Professional fees	`ProfessionalFees`	$114.06K	USD	1 Quarter
Total Expenses	`OperatingExpenses`	$309.69K	USD	3 Qtrs
Total Expenses	`OperatingExpenses`	$62.32K	USD	1 Quarter
Total Expenses	`OperatingExpenses`	$410.11K	USD	3 Qtrs
Total Expenses	`OperatingExpenses`	$141.98K	USD	1 Quarter
Loss from Operations	`OperatingIncomeLoss`	$-280.38K	USD	3 Qtrs
Loss from Operations	`OperatingIncomeLoss`	$-62.32K	USD	1 Quarter
Loss from Operations	`OperatingIncomeLoss`	$-120.40K	USD	1 Quarter
Loss from Operations	`OperatingIncomeLoss`	$-301.06K	USD	3 Qtrs
Debt Forgiveness	`DebtInstrumentDecreaseForgiveness`	$-29.73K	USD	3 Qtrs
Debt Forgiveness	`DebtInstrumentDecreaseForgiveness`	-	USD	1 Quarter
Debt Forgiveness	`DebtInstrumentDecreaseForgiveness`	$-29.73K	USD	1 Quarter
Debt Forgiveness	`DebtInstrumentDecreaseForgiveness`	-	USD	3 Qtrs
Accretion of discounts on convertible debt	`AccretionExpense`	$29.92K	USD	1 Quarter
Accretion of discounts on convertible debt	`AccretionExpense`	$56.66K	USD	3 Qtrs
Accretion of discounts on convertible debt	`AccretionExpense`	$223.50K	USD	1 Quarter
Accretion of discounts on convertible debt	`AccretionExpense`	$597.86K	USD	3 Qtrs
Gain (loss) on change in fair value of derivative liabilities	`IncreaseDecreaseInFairValueOfUnhedgedDerivativeInstruments`	$22.64K	USD	3 Qtrs
Gain (loss) on change in fair value of derivative liabilities	`IncreaseDecreaseInFairValueOfUnhedgedDerivativeInstruments`	$641.33K	USD	3 Qtrs
Gain (loss) on change in fair value of derivative liabilities	`IncreaseDecreaseInFairValueOfUnhedgedDerivativeInstruments`	$-25.31K	USD	1 Quarter
Gain (loss) on change in fair value of derivative liabilities	`IncreaseDecreaseInFairValueOfUnhedgedDerivativeInstruments`	$-276.54K	USD	1 Quarter
Interest expense	`InterestExpenseDebt`	$21.08K	USD	1 Quarter
Interest expense	`InterestExpenseDebt`	$67.79K	USD	3 Qtrs
Interest expense	`InterestExpenseDebt`	$36.70K	USD	3 Qtrs
Interest expense	`InterestExpenseDebt`	$17.18K	USD	1 Quarter
Total Other Income (Expense)	`NonoperatingIncomeExpense`	$5.40K	USD	3 Qtrs
Total Other Income (Expense)	`NonoperatingIncomeExpense`	$-72.41K	USD	1 Quarter
Total Other Income (Expense)	`NonoperatingIncomeExpense`	$-70.72K	USD	3 Qtrs
Total Other Income (Expense)	`NonoperatingIncomeExpense`	$-491.40K	USD	1 Quarter
Net loss for the period	`ProfitLoss`	$-192.81K	USD	1 Quarter
Net loss for the period	`ProfitLoss`	$-295.66K	USD	3 Qtrs
Net loss for the period	`ProfitLoss`	$-351.11K	USD	3 Qtrs
Net loss for the period	`ProfitLoss`	$-553.72K	USD	1 Quarter
Net Loss Per Share, Basic and Diluted	`EarningsPerShareBasicAndDiluted`	$-0.01	USD	1 Quarter
Net Loss Per Share, Basic and Diluted	`EarningsPerShareBasicAndDiluted`	-	USD	3 Qtrs
Net Loss Per Share, Basic and Diluted	`EarningsPerShareBasicAndDiluted`	$-0.01	USD	3 Qtrs
Net Loss Per Share, Basic and Diluted	`EarningsPerShareBasicAndDiluted`	-	USD	1 Quarter
Weighted Average Shares Outstanding	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	75.00M	shares	1 Quarter
Weighted Average Shares Outstanding	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	75.78M	shares	3 Qtrs
Weighted Average Shares Outstanding	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	77.32M	shares	1 Quarter
Weighted Average Shares Outstanding	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	75.00M	shares	3 Qtrs

Cash Flow Statement 62 line items

Line Item	Tag	Value	Unit	Period
Net loss for the period	`ProfitLoss`	$-192.81K	USD	1 Quarter
Net loss for the period	`ProfitLoss`	$-295.66K	USD	3 Qtrs
Net loss for the period	`ProfitLoss`	$-351.11K	USD	3 Qtrs
Net loss for the period	`ProfitLoss`	$-553.72K	USD	1 Quarter
Accretion of discounts on convertible debt	`AccretionExpenseIncludingAssetRetirementObligations`	$56.66K	USD	3 Qtrs
Accretion of discounts on convertible debt	`AccretionExpenseIncludingAssetRetirementObligations`	$597.86K	USD	3 Qtrs
Depreciation	`Depreciation`	$75.00	USD	3 Qtrs
Depreciation	`Depreciation`	$120.00	USD	3 Qtrs
Fixed assets exchanged for settlement of legal expenses	`FixedAssetsExchangedForSettlementOfLegalExpenses`	$1.23K	USD	3 Qtrs
Gain on change in fair value of derivative liabilities	`UnrealizedGainLossOnDerivatives`	$-22.64K	USD	3 Qtrs
Gain on change in fair value of derivative liabilities	`UnrealizedGainLossOnDerivatives`	$-641.33K	USD	3 Qtrs
Gain on forgiveness of debt	`GainLossOnForgivenessOfDebt`	$-29.73K	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	-	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-146.20K	USD	3 Qtrs
Inventory	`IncreaseDecreaseInInventories`	-	USD	3 Qtrs
Inventory	`IncreaseDecreaseInInventories`	$12.45K	USD	3 Qtrs
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$1.65K	USD	3 Qtrs
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$2.00K	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayableTrade`	$19.86K	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayableTrade`	$12.32K	USD	3 Qtrs
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$1.29K	USD	3 Qtrs
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$10.50K	USD	3 Qtrs
Accrued interest payable	`IncreaseDecreaseInInterestPayableNet`	$43.79K	USD	3 Qtrs
Accrued interest payable	`IncreaseDecreaseInInterestPayableNet`	$21.60K	USD	3 Qtrs
Due to related parties	`IncreaseDecreaseInDueToRelatedPartiesCurrent`	$137.47K	USD	3 Qtrs
Due to related parties	`IncreaseDecreaseInDueToRelatedPartiesCurrent`	$173.46K	USD	3 Qtrs
Net Cash Used In Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$-240.39K	USD	3 Qtrs
Net Cash Used In Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$-153.93K	USD	3 Qtrs
Purchase of fixed assets	`PaymentsToAcquirePropertyPlantAndEquipment`	-	USD	3 Qtrs
Purchase of fixed assets	`PaymentsToAcquirePropertyPlantAndEquipment`	$1.50K	USD	3 Qtrs
Proceeds from note receivable	`ProceedsFromCollectionOfNotesReceivable`	$3.36K	USD	3 Qtrs
Proceeds from note receivable	`ProceedsFromCollectionOfNotesReceivable`	$3.73K	USD	3 Qtrs
Net Cash Provided By Investing Activities	`NetCashProvidedByUsedInInvestingActivities`	$3.36K	USD	3 Qtrs
Net Cash Provided By Investing Activities	`NetCashProvidedByUsedInInvestingActivities`	$2.24K	USD	3 Qtrs
Repayments of loans payable	`RepaymentsOfUnsecuredDebt`	$183.23K	USD	3 Qtrs
Repayments of loans payable	`RepaymentsOfUnsecuredDebt`	-	USD	3 Qtrs
Proceeds from loans payable	`ProceedsFromIssuanceOfUnsecuredDebt`	$45.96K	USD	3 Qtrs
Proceeds from loans payable	`ProceedsFromIssuanceOfUnsecuredDebt`	$67.49K	USD	3 Qtrs
Proceeds from convertible debt	`ProceedsFromConvertibleDebt`	$175.00K	USD	3 Qtrs
Proceeds from convertible debt	`ProceedsFromConvertibleDebt`	$125.00K	USD	3 Qtrs
Repayment of convertible debt	`RepaymentsOfConvertibleDebt`	$4.51K	USD	3 Qtrs
Repayment of convertible debt	`RepaymentsOfConvertibleDebt`	-	USD	3 Qtrs
Net Cash (Used in) Provided by Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$-16.78K	USD	3 Qtrs
Net Cash (Used in) Provided by Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$242.49K	USD	3 Qtrs
Change in Cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$4.34K	USD	3 Qtrs
Change in Cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-167.35K	USD	3 Qtrs
Cash, Beginning of Period	`CashAndCashEquivalentsAtCarryingValue`	$167.73K	USD	Point-in-time
Cash, Beginning of Period	`CashAndCashEquivalentsAtCarryingValue`	$380.00	USD	Point-in-time
Cash, Beginning of Period	`CashAndCashEquivalentsAtCarryingValue`	$6.96K	USD	Point-in-time
Cash, Beginning of Period	`CashAndCashEquivalentsAtCarryingValue`	$2.62K	USD	Point-in-time
Cash, End of Period	`CashAndCashEquivalentsAtCarryingValue`	$167.73K	USD	Point-in-time
Cash, End of Period	`CashAndCashEquivalentsAtCarryingValue`	$380.00	USD	Point-in-time
Cash, End of Period	`CashAndCashEquivalentsAtCarryingValue`	$6.96K	USD	Point-in-time
Cash, End of Period	`CashAndCashEquivalentsAtCarryingValue`	$2.62K	USD	Point-in-time
Interest paid	`InterestPaid`	$25.30K	USD	3 Qtrs
Interest paid	`InterestPaid`	$15.10K	USD	3 Qtrs
Income taxes paid	`IncomeTaxesPaid`	-	USD	3 Qtrs
Income taxes paid	`IncomeTaxesPaid`	-	USD	3 Qtrs
Inventory acquired through loan payable	`NoncashOrPartNoncashAcquisitionInventoryAcquired1`	-	USD	3 Qtrs
Inventory acquired through loan payable	`NoncashOrPartNoncashAcquisitionInventoryAcquired1`	$20.27K	USD	3 Qtrs
Inventory transferred to an outside party for full satisfaction of loan payable	`TransferOfInventoryToSatisfyDebt`	$-20.27K	USD	3 Qtrs
Inventory transferred to an outside party for full satisfaction of loan payable	`TransferOfInventoryToSatisfyDebt`	-	USD	3 Qtrs

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