10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0001213900-12-005910 |
| Period End Date | 20120331 |
| Filing Date | 20121105 |
| Fiscal Year | 2012 |
| Fiscal Period | Q1 |
| XBRL Instance | rxac-20120331.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
36 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 |
| Total Assets |
Assets
|
- | USD | Point-in-time |
| Total Assets |
Assets
|
- | 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 |
| Common Stock, shares outstanding |
CommonStockSharesOutstanding
|
78.63M | shares | Point-in-time |
| Common Stock, shares outstanding |
CommonStockSharesOutstanding
|
78.63M | shares | Point-in-time |
| Accounts payable |
AccountsPayableCurrent
|
$28.03K | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrent
|
$28.03K | USD | Point-in-time |
| Accrued liabilities |
AccruedLiabilitiesCurrent
|
$75.50K | USD | Point-in-time |
| Accrued liabilities |
AccruedLiabilitiesCurrent
|
$75.50K | USD | Point-in-time |
| Accrued interest payable |
InterestAndDividendsPayableCurrent
|
$101.10K | USD | Point-in-time |
| Accrued interest payable |
InterestAndDividendsPayableCurrent
|
$87.03K | USD | Point-in-time |
| Due to related parties (Note 3) |
DueToRelatedPartiesCurrent
|
$411.73K | USD | Point-in-time |
| Due to related parties (Note 3) |
DueToRelatedPartiesCurrent
|
$405.35K | USD | Point-in-time |
| Loans payable (Note 4) |
LoansPayableCurrent
|
$30.55K | USD | Point-in-time |
| Loans payable (Note 4) |
LoansPayableCurrent
|
$30.55K | USD | Point-in-time |
| Convertible debt (Note 5) |
ConvertibleDebtCurrent
|
$1.43M | USD | Point-in-time |
| Convertible debt (Note 5) |
ConvertibleDebtCurrent
|
$1.43M | USD | Point-in-time |
| Derivative liabilities (Note 6) |
DerivativeLiabilitiesCurrent
|
$697.29K | USD | Point-in-time |
| Derivative liabilities (Note 6) |
DerivativeLiabilitiesCurrent
|
$446.04K | USD | Point-in-time |
| Total Liabilities |
Liabilities
|
$2.75M | 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
|
$7.86K | USD | Point-in-time |
| Common Stock Authorized: 250,000,000 common shares, $0.0001 par value Issued and outstanding: 78,632,792 shares |
CommonStockValue
|
$7.86K | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapital
|
$45.52K | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapital
|
$45.52K | USD | Point-in-time |
| Accumulated deficit |
RetainedEarningsAccumulatedDeficit
|
$-2.58M | USD | Point-in-time |
| Accumulated deficit |
RetainedEarningsAccumulatedDeficit
|
$-2.81M | USD | Point-in-time |
| Total Stockholders' Deficit |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$-2.52M | USD | Point-in-time |
| Total Stockholders' Deficit |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$-2.75M | USD | Point-in-time |
| Total Liabilities and Shareholders' Deficit |
LiabilitiesAndStockholdersEquity
|
- | USD | Point-in-time |
| Total Liabilities and Shareholders' Deficit |
LiabilitiesAndStockholdersEquity
|
- | USD | Point-in-time |
Income Statement
32 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Revenues |
Revenues
|
$49.26K | USD | 1 Quarter |
| Revenues |
Revenues
|
- | USD | 1 Quarter |
| Cost of revenues |
CostOfRevenue
|
$40.53K | USD | 1 Quarter |
| Cost of revenues |
CostOfRevenue
|
- | USD | 1 Quarter |
| Gross Profit |
GrossProfit
|
$8.73K | USD | 1 Quarter |
| Gross Profit |
GrossProfit
|
- | USD | 1 Quarter |
| Depreciation |
DepreciationAndAmortization
|
$75.00 | USD | 1 Quarter |
| Depreciation |
DepreciationAndAmortization
|
- | USD | 1 Quarter |
| Selling, general, and administrative |
SellingGeneralAndAdministrativeExpense
|
- | USD | 1 Quarter |
| Selling, general, and administrative |
SellingGeneralAndAdministrativeExpense
|
$22.33K | USD | 1 Quarter |
| Professional fees |
ProfessionalFees
|
$37.40K | USD | 1 Quarter |
| Professional fees |
ProfessionalFees
|
- | USD | 1 Quarter |
| Total Expenses |
OperatingExpenses
|
$59.80K | USD | 1 Quarter |
| Total Expenses |
OperatingExpenses
|
- | USD | 1 Quarter |
| Loss from Operations |
OperatingIncomeLoss
|
$-51.08K | USD | 1 Quarter |
| Loss from Operations |
OperatingIncomeLoss
|
- | USD | 1 Quarter |
| Accretion of discounts on convertible debt |
AccretionExpense
|
$177.16K | USD | 1 Quarter |
| Accretion of discounts on convertible debt |
AccretionExpense
|
$3.21K | USD | 1 Quarter |
| Gain on change in fair value of derivative liabilities |
IncreaseDecreaseInFairValueOfUnhedgedDerivativeInstruments
|
$379.20K | USD | 1 Quarter |
| Gain on change in fair value of derivative liabilities |
IncreaseDecreaseInFairValueOfUnhedgedDerivativeInstruments
|
$251.26K | USD | 1 Quarter |
| Interest expense |
InterestExpenseDebt
|
$22.49K | USD | 1 Quarter |
| Interest expense |
InterestExpenseDebt
|
$20.46K | USD | 1 Quarter |
| Total Other Income (Expense) |
NonoperatingIncomeExpense
|
$227.59K | USD | 1 Quarter |
| Total Other Income (Expense) |
NonoperatingIncomeExpense
|
$179.55K | USD | 1 Quarter |
| Net Income (Loss) for the Period |
ProfitLoss
|
$227.59K | USD | 1 Quarter |
| Net Income (Loss) for the Period |
ProfitLoss
|
$128.47K | USD | 1 Quarter |
| Net Income Per Share, Basic |
EarningsPerShareBasic
|
$0.00 | USD | 1 Quarter |
| Net Income Per Share, Basic |
EarningsPerShareBasic
|
$0.00 | USD | 1 Quarter |
| Net Income Per Share, Diluted |
EarningsPerShareDiluted
|
- | USD | 1 Quarter |
| Net Income Per Share, Diluted |
EarningsPerShareDiluted
|
$0.00 | USD | 1 Quarter |
| Weighted Average Shares Outstanding |
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
75.00M | shares | 1 Quarter |
| Weighted Average Shares Outstanding |
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
78.63M | shares | 1 Quarter |
Cash Flow Statement
50 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net income for the period |
ProfitLoss
|
$227.59K | USD | 1 Quarter |
| Net income for the period |
ProfitLoss
|
$128.47K | USD | 1 Quarter |
| Accretion of discounts on convertible debt |
AccretionExpenseIncludingAssetRetirementObligations
|
$177.16K | USD | 1 Quarter |
| Accretion of discounts on convertible debt |
AccretionExpenseIncludingAssetRetirementObligations
|
$3.21K | USD | 1 Quarter |
| Depreciation |
Depreciation
|
- | USD | 1 Quarter |
| Depreciation |
Depreciation
|
$75.00 | USD | 1 Quarter |
| Gain on change in fair value of derivative liabilities |
UnrealizedGainLossOnDerivatives
|
$251.26K | USD | 1 Quarter |
| Gain on change in fair value of derivative liabilities |
UnrealizedGainLossOnDerivatives
|
$379.20K | USD | 1 Quarter |
| Inventory |
IncreaseDecreaseInInventories
|
$20.27K | USD | 1 Quarter |
| Inventory |
IncreaseDecreaseInInventories
|
- | USD | 1 Quarter |
| Prepaid expenses |
IncreaseDecreaseInPrepaidExpense
|
- | USD | 1 Quarter |
| Prepaid expenses |
IncreaseDecreaseInPrepaidExpense
|
$-2.00K | USD | 1 Quarter |
| Accounts payable |
IncreaseDecreaseInAccountsPayableTrade
|
$3.92K | USD | 1 Quarter |
| Accounts payable |
IncreaseDecreaseInAccountsPayableTrade
|
- | USD | 1 Quarter |
| Accrued liabilities |
IncreaseDecreaseInAccruedLiabilities
|
$10.50K | USD | 1 Quarter |
| Accrued liabilities |
IncreaseDecreaseInAccruedLiabilities
|
- | USD | 1 Quarter |
| Accrued interest payable |
IncreaseDecreaseInInterestPayableNet
|
$14.07K | USD | 1 Quarter |
| Accrued interest payable |
IncreaseDecreaseInInterestPayableNet
|
$14.79K | USD | 1 Quarter |
| Due to related parties |
IncreaseDecreaseInDueToRelatedPartiesCurrent
|
$-33.69K | USD | 1 Quarter |
| Due to related parties |
IncreaseDecreaseInDueToRelatedPartiesCurrent
|
$6.39K | USD | 1 Quarter |
| Net Cash Used In Operating Activities |
NetCashProvidedByUsedInOperatingActivities
|
- | USD | 1 Quarter |
| Net Cash Used In Operating Activities |
NetCashProvidedByUsedInOperatingActivities
|
$-96.24K | USD | 1 Quarter |
| Proceeds from note receivable |
ProceedsFromCollectionOfNotesReceivable
|
$1.87K | USD | 1 Quarter |
| Proceeds from note receivable |
ProceedsFromCollectionOfNotesReceivable
|
- | USD | 1 Quarter |
| Net Cash Provided By Investing Activities |
NetCashProvidedByUsedInInvestingActivities
|
- | USD | 1 Quarter |
| Net Cash Provided By Investing Activities |
NetCashProvidedByUsedInInvestingActivities
|
$1.87K | USD | 1 Quarter |
| Repayment of related party loan |
RepaymentOfNotesReceivableFromRelatedParties
|
- | USD | 1 Quarter |
| Repayment of related party loan |
RepaymentOfNotesReceivableFromRelatedParties
|
$-4.30K | USD | 1 Quarter |
| Repayment of loans payable |
RepaymentsOfUnsecuredDebt
|
- | USD | 1 Quarter |
| Repayment of loans payable |
RepaymentsOfUnsecuredDebt
|
$122.00K | USD | 1 Quarter |
| Proceeds from convertible debt |
ProceedsFromConvertibleDebt
|
$97.50K | USD | 1 Quarter |
| Proceeds from convertible debt |
ProceedsFromConvertibleDebt
|
- | USD | 1 Quarter |
| Repayment of convertible debt |
RepaymentsOfConvertibleDebt
|
- | USD | 1 Quarter |
| Repayment of convertible debt |
RepaymentsOfConvertibleDebt
|
$3.34K | USD | 1 Quarter |
| Net Cash Used in Financing Activities |
NetCashProvidedByUsedInFinancingActivities
|
- | USD | 1 Quarter |
| Net Cash Used in Financing Activities |
NetCashProvidedByUsedInFinancingActivities
|
$-32.14K | USD | 1 Quarter |
| Change in Cash |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$-126.51K | USD | 1 Quarter |
| Change in Cash |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
- | USD | 1 Quarter |
| Cash, Beginning of Period |
CashAndCashEquivalentsAtCarryingValue
|
$167.73K | USD | Point-in-time |
| Cash, Beginning of Period |
CashAndCashEquivalentsAtCarryingValue
|
- | USD | Point-in-time |
| Cash, Beginning of Period |
CashAndCashEquivalentsAtCarryingValue
|
- | USD | Point-in-time |
| Cash, Beginning of Period |
CashAndCashEquivalentsAtCarryingValue
|
$41.21K | USD | Point-in-time |
| Cash, End of Period |
CashAndCashEquivalentsAtCarryingValue
|
$167.73K | USD | Point-in-time |
| Cash, End of Period |
CashAndCashEquivalentsAtCarryingValue
|
- | USD | Point-in-time |
| Cash, End of Period |
CashAndCashEquivalentsAtCarryingValue
|
- | USD | Point-in-time |
| Cash, End of Period |
CashAndCashEquivalentsAtCarryingValue
|
$41.21K | USD | Point-in-time |
| Interest paid |
InterestPaid
|
- | USD | 1 Quarter |
| Interest paid |
InterestPaid
|
$12.88K | USD | 1 Quarter |
| Income taxes paid |
IncomeTaxesPaid
|
- | USD | 1 Quarter |
| Income taxes paid |
IncomeTaxesPaid
|
- | USD | 1 Quarter |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.