10-K Filing

STRAGENICS, INC. CIK: 1456993 FY 2011

Filing Information

Form Type	10-K
Accession Number	`0001213900-12-003954`
Period End Date	20111231
Filing Date	20120723
Fiscal Year	2011
Fiscal Period	FY
XBRL Instance	rxac-20111231.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 53 Income Statement 34 Cash Flow Statement 64 Stockholders Equity 17

Balance Sheet 53 line items

Line Item	Tag	Value	Unit	Period
Debt Instrument, Unamortized Discount	`DebtInstrumentUnamortizedDiscount`	-	USD	Point-in-time
Debt Instrument, Unamortized Discount	`DebtInstrumentUnamortizedDiscount`	$3.21K	USD	Point-in-time
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`	78.63M	shares	Point-in-time
Common Stock, shares issued	`CommonStockSharesIssued`	78.63M	shares	Point-in-time
Cash	`Cash`	$167.73K	USD	Point-in-time
Common Stock, shares outstanding	`CommonStockSharesOutstanding`	78.63M	shares	Point-in-time
Common Stock, shares outstanding	`CommonStockSharesOutstanding`	78.63M	shares	Point-in-time
Cash	`Cash`	-	USD	Point-in-time
Current portion of notes receivable (Note 3)	`NotesAndLoansReceivableNetCurrent`	-	USD	Point-in-time
Current portion of notes receivable (Note 3)	`NotesAndLoansReceivableNetCurrent`	$5.23K	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	-	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$2.25K	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	-	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$175.21K	USD	Point-in-time
Property and equipment	`PropertyPlantAndEquipmentNet`	$1.31K	USD	Point-in-time
Property and equipment	`PropertyPlantAndEquipmentNet`	-	USD	Point-in-time
Note receivable (Note 3)	`NotesAndLoansReceivableNetNoncurrent`	-	USD	Point-in-time
Note receivable (Note 3)	`NotesAndLoansReceivableNetNoncurrent`	$13.44K	USD	Point-in-time
Total Assets	`Assets`	$189.96K	USD	Point-in-time
Total Assets	`Assets`	-	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$28.03K	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$9.14K	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$65.00K	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$75.50K	USD	Point-in-time
Accrued interest payable	`InterestAndDividendsPayableCurrent`	$87.03K	USD	Point-in-time
Accrued interest payable	`InterestAndDividendsPayableCurrent`	$30.19K	USD	Point-in-time
Due to related parties (Note 4)	`DueToRelatedPartiesCurrent`	$405.35K	USD	Point-in-time
Due to related parties (Note 4)	`DueToRelatedPartiesCurrent`	$259.70K	USD	Point-in-time
Loans payable (Note 5)	`LoansPayableCurrent`	$197.56K	USD	Point-in-time
Loans payable (Note 5)	`LoansPayableCurrent`	$30.55K	USD	Point-in-time
Convertible debt, net of unamortized discount of $3,208 (Note 6)	`ConvertibleDebtCurrent`	$604.26K	USD	Point-in-time
Convertible debt, net of unamortized discount of $3,208 (Note 6)	`ConvertibleDebtCurrent`	$1.43M	USD	Point-in-time
Derivative liabilities (Note7)	`DerivativeLiabilitiesCurrent`	$697.29K	USD	Point-in-time
Derivative liabilities (Note7)	`DerivativeLiabilitiesCurrent`	$1.27M	USD	Point-in-time
Total Liabilities	`Liabilities`	$2.75M	USD	Point-in-time
Total Liabilities	`Liabilities`	$2.43M	USD	Point-in-time
Nature of Operations and Continuance of Business (Note 1)	`NatureOfOperationsAndContinuanceOfBusiness`	-	USD	Point-in-time
Nature of Operations and Continuance of Business (Note 1)	`NatureOfOperationsAndContinuanceOfBusiness`	-	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
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
Additional paid-in capital	`AdditionalPaidInCapital`	$12.08K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$45.52K	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-2.81M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-2.26M	USD	Point-in-time
Total Stockholders' Deficit	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-2.24M	USD	Point-in-time
Total Stockholders' Deficit	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-547.48K	USD	Point-in-time
Total Stockholders' Deficit	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-2.75M	USD	Point-in-time
Total Liabilities and Shareholders' Deficit	`LiabilitiesAndStockholdersEquity`	$189.96K	USD	Point-in-time
Total Liabilities and Shareholders' Deficit	`LiabilitiesAndStockholdersEquity`	-	USD	Point-in-time

Income Statement 34 line items

Line Item	Tag	Value	Unit	Period
Revenues	`Revenues`	$49.26K	USD	Annual
Revenues	`Revenues`	$312.70K	USD	Annual
Cost of revenues	`CostOfRevenue`	$295.08K	USD	Annual
Cost of revenues	`CostOfRevenue`	$40.63K	USD	Annual
Gross Profit	`GrossProfit`	$8.63K	USD	Annual
Gross Profit	`GrossProfit`	$17.62K	USD	Annual
Depreciation	`DepreciationAndAmortization`	$75.00	USD	Annual
Depreciation	`DepreciationAndAmortization`	$190.00	USD	Annual
Selling, general, and administrative (Note 5)	`SellingGeneralAndAdministrativeExpense`	$538.34K	USD	Annual
Selling, general, and administrative (Note 5)	`SellingGeneralAndAdministrativeExpense`	$52.29K	USD	Annual
Professional fees	`ProfessionalFees`	$148.91K	USD	Annual
Professional fees	`ProfessionalFees`	$278.37K	USD	Annual
Total Expenses	`OperatingExpenses`	$330.73K	USD	Annual
Total Expenses	`OperatingExpenses`	$687.45K	USD	Annual
Loss from Operations	`OperatingIncomeLoss`	$-322.10K	USD	Annual
Loss from Operations	`OperatingIncomeLoss`	$-669.83K	USD	Annual
Write down of notes receivable	`WriteDownOfNoteReceivable`	-	USD	Annual
Write down of notes receivable	`WriteDownOfNoteReceivable`	$127.59K	USD	Annual
Debt forgiveness	`DebtInstrumentDecreaseForgiveness`	$-29.73K	USD	Annual
Debt forgiveness	`DebtInstrumentDecreaseForgiveness`	-	USD	Annual
Accretion of discounts on convertible debt	`AccretionExpense`	$187.71K	USD	Annual
Accretion of discounts on convertible debt	`AccretionExpense`	$860.82K	USD	Annual
Gain (loss) on change in fair value of derivative liabilities	`IncreaseDecreaseInFairValueOfUnhedgedDerivativeInstruments`	$693.55K	USD	Annual
Gain (loss) on change in fair value of derivative liabilities	`IncreaseDecreaseInFairValueOfUnhedgedDerivativeInstruments`	$-339.11K	USD	Annual
Interest expense	`InterestExpenseDebt`	$84.25K	USD	Annual
Interest expense	`InterestExpenseDebt`	$58.47K	USD	Annual
Total Other Income (Expense)	`NonoperatingIncomeExpense`	$-712.88K	USD	Annual
Total Other Income (Expense)	`NonoperatingIncomeExpense`	$-221.79K	USD	Annual
Net Loss for the Period	`ProfitLoss`	$-543.89K	USD	Annual
Net Loss for the Period	`ProfitLoss`	$-1.38M	USD	Annual
Net Loss Per Share, Basic and Diluted	`EarningsPerShareBasicAndDiluted`	$0.01	USD	Annual
Net Loss Per Share, Basic and Diluted	`EarningsPerShareBasicAndDiluted`	$0.02	USD	Annual
Weighted Average Shares Outstanding	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	76.50M	shares	Annual
Weighted Average Shares Outstanding	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	75.00M	shares	Annual

Cash Flow Statement 64 line items

Line Item	Tag	Value	Unit	Period
Net loss for the period	`ProfitLoss`	$-543.89K	USD	Annual
Net loss for the period	`ProfitLoss`	$-1.38M	USD	Annual
Accretion of discounts on convertible debt	`AccretionExpenseIncludingAssetRetirementObligations`	$860.82K	USD	Annual
Accretion of discounts on convertible debt	`AccretionExpenseIncludingAssetRetirementObligations`	$187.71K	USD	Annual
Depreciation	`Depreciation`	$75.00	USD	Annual
Depreciation	`Depreciation`	$190.00	USD	Annual
Fixed assets exchanged for settlement of legal expenses	`FixedAssetsExchangedForSettlementOfLegalExpenses`	$1.23K	USD	Annual
Fixed assets exchanged for settlement of legal expenses	`FixedAssetsExchangedForSettlementOfLegalExpenses`	-	USD	Annual
Note receivable exchanged for settlement of legal expenses	`NoteReceivableExchangedForSettlementOfLegalExpenses`	-	USD	Annual
Note receivable exchanged for settlement of legal expenses	`NoteReceivableExchangedForSettlementOfLegalExpenses`	$14.56K	USD	Annual
Gain on change in fair value of derivative liabilities	`UnrealizedGainLossOnDerivatives`	$693.55K	USD	Annual
Gain on change in fair value of derivative liabilities	`UnrealizedGainLossOnDerivatives`	$-339.11K	USD	Annual
Gain on forgiveness of debt	`GainLossOnForgivenessOfDebt`	$-29.73K	USD	Annual
Gain on forgiveness of debt	`GainLossOnForgivenessOfDebt`	-	USD	Annual
Write down of notes receivable	`WriteDownOfNoteReceivable`	-	USD	Annual
Write down of notes receivable	`WriteDownOfNoteReceivable`	$127.59K	USD	Annual
Inventory	`IncreaseDecreaseInInventories`	$-12.45K	USD	Annual
Inventory	`IncreaseDecreaseInInventories`	-	USD	Annual
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$-2.25K	USD	Annual
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$-2.75K	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayableTrade`	$6.66K	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayableTrade`	$18.89K	USD	Annual
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$10.50K	USD	Annual
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$65.00K	USD	Annual
Accrued interest payable	`IncreaseDecreaseInInterestPayableNet`	$58.14K	USD	Annual
Accrued interest payable	`IncreaseDecreaseInInterestPayableNet`	$30.19K	USD	Annual
Due to related parties	`IncreaseDecreaseInDueToRelatedPartiesCurrent`	$188.86K	USD	Annual
Due to related parties	`IncreaseDecreaseInDueToRelatedPartiesCurrent`	$145.65K	USD	Annual
Net Cash Used In Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$-422.20K	USD	Annual
Net Cash Used In Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$-155.06K	USD	Annual
Purchase of Property & Equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$1.50K	USD	Annual
Purchase of Property & Equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	-	USD	Annual
Proceeds from note receivable	`ProceedsFromCollectionOfNotesReceivable`	$4.11K	USD	Annual
Proceeds from note receivable	`ProceedsFromCollectionOfNotesReceivable`	$3.73K	USD	Annual
Net Cash Provided By Investing Activities	`NetCashProvidedByUsedInInvestingActivities`	$4.11K	USD	Annual
Net Cash Provided By Investing Activities	`NetCashProvidedByUsedInInvestingActivities`	$2.24K	USD	Annual
Repayment of related party loan	`RepaymentOfNotesReceivableFromRelatedParties`	-	USD	Annual
Repayment of related party loan	`RepaymentOfNotesReceivableFromRelatedParties`	$9.30K	USD	Annual
Repayment of loans payable	`RepaymentsOfUnsecuredDebt`	-	USD	Annual
Repayment of loans payable	`RepaymentsOfUnsecuredDebt`	$183.23K	USD	Annual
Proceeds from loans payable	`ProceedsFromIssuanceOfUnsecuredDebt`	$45.96K	USD	Annual
Proceeds from loans payable	`ProceedsFromIssuanceOfUnsecuredDebt`	$197.56K	USD	Annual
Proceeds from convertible debt	`ProceedsFromConvertibleDebt`	$125.00K	USD	Annual
Proceeds from convertible debt	`ProceedsFromConvertibleDebt`	$378.21K	USD	Annual
Repayment of convertible debt	`RepaymentsOfConvertibleDebt`	-	USD	Annual
Repayment of convertible debt	`RepaymentsOfConvertibleDebt`	$4.51K	USD	Annual
Net Cash (Used in) Provided by Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$585.07K	USD	Annual
Net Cash (Used in) Provided by Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$-16.78K	USD	Annual
Change in Cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$165.11K	USD	Annual
Change in Cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-167.73K	USD	Annual
Cash, Beginning of Period	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Cash, Beginning of Period	`CashAndCashEquivalentsAtCarryingValue`	$167.73K	USD	Point-in-time
Cash, Beginning of Period	`CashAndCashEquivalentsAtCarryingValue`	$2.62K	USD	Point-in-time
Cash, End of Period	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Cash, End of Period	`CashAndCashEquivalentsAtCarryingValue`	$167.73K	USD	Point-in-time
Cash, End of Period	`CashAndCashEquivalentsAtCarryingValue`	$2.62K	USD	Point-in-time
Interest paid	`InterestPaid`	$32.64K	USD	Annual
Interest paid	`InterestPaid`	$28.28K	USD	Annual
Income taxes paid	`IncomeTaxesPaid`	-	USD	Annual
Income taxes paid	`IncomeTaxesPaid`	-	USD	Annual
Inventory acquired through issuing loans payable	`NoncashOrPartNoncashAcquisitionInventoryAcquired1`	$20.27K	USD	Annual
Inventory acquired through issuing loans payable	`NoncashOrPartNoncashAcquisitionInventoryAcquired1`	-	USD	Annual
Inventory transferred to an outside party for full satisfaction of loan payable	`TransferOfInventoryToSatisfyDebt`	-	USD	Annual
Inventory transferred to an outside party for full satisfaction of loan payable	`TransferOfInventoryToSatisfyDebt`	$-20.27K	USD	Annual

Stockholders Equity 17 line items

Line Item	Tag	Value	Unit	Period
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-2.24M	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-547.48K	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-2.75M	USD	Point-in-time
Beginning balance, Shares	`SharesOutstanding`	0.00	shares	Point-in-time
Beginning balance, Shares	`SharesOutstanding`	0.00	shares	Point-in-time
Beginning balance, Shares	`SharesOutstanding`	0.00	shares	Point-in-time
Conversion of Debt to equity 3rd Qtr	`StockIssuedDuringPeriodValueConversionOfConvertibleSecuritiesNetOfAdjustments`	$33.80K	USD	Annual
Conversion of Debt to equity 3rd Qtr, Shares	`StockIssuedDuringPeriodSharesConversionOfConvertibleSecurities`	0.00	shares	Annual
Net liabilities assumed upon recapitalization	`NetLiabilitiesAssumedUponRecapitalization`	$-311.54K	USD	Annual
Net loss for the period	`ProfitLoss`	$-543.89K	USD	Annual
Net loss for the period	`ProfitLoss`	$-1.38M	USD	Annual
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-2.24M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-547.48K	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-2.75M	USD	Point-in-time
Balance, Shares	`SharesOutstanding`	0.00	shares	Point-in-time
Balance, Shares	`SharesOutstanding`	0.00	shares	Point-in-time
Balance, Shares	`SharesOutstanding`	0.00	shares	Point-in-time

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