10-Q Filing

STRAGENICS, INC. CIK: 1456993 Q2 2012

Filing Information

Form Type	10-Q
Accession Number	`0001213900-12-005916`
Period End Date	20120630
Filing Date	20121105
Fiscal Year	2012
Fiscal Period	Q2
XBRL Instance	rxac-20120630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 45 Income Statement 64 Cash Flow Statement 54

Balance Sheet 45 line items

Line Item	Tag	Value	Unit	Period
Preferred Stock, shares authorized	`PreferredStockSharesAuthorized`	100.00M	shares	Point-in-time
Preferred Stock, shares authorized	`PreferredStockSharesAuthorized`	100.00M	shares	Point-in-time
Preferred Stock, shares issued	`PreferredStockSharesIssued`	-	shares	Point-in-time
Total Assets	`Assets`	-	USD	Point-in-time
Total Assets	`Assets`	$45.83K	USD	Point-in-time
Preferred Stock, shares issued	`PreferredStockSharesIssued`	-	shares	Point-in-time
Total Assets	`Assets`	-	USD	Point-in-time
Preferred Stock, shares outstanding	`PreferredStockSharesOutstanding`	-	shares	Point-in-time
Preferred Stock, shares outstanding	`PreferredStockSharesOutstanding`	-	shares	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
Accounts payable	`AccountsPayableCurrent`	$28.03K	USD	Point-in-time
Common Stock, shares authorized	`CommonStockSharesAuthorized`	400.00M	shares	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$28.03K	USD	Point-in-time
Common Stock, shares authorized	`CommonStockSharesAuthorized`	400.00M	shares	Point-in-time
Common Stock, shares issued	`CommonStockSharesIssued`	78.63M	shares	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$75.50K	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$75.50K	USD	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
Accrued interest payable	`InterestAndDividendsPayableCurrent`	$87.03K	USD	Point-in-time
Accrued interest payable	`InterestAndDividendsPayableCurrent`	$115.17K	USD	Point-in-time
Due to related parties (Note 3)	`DueToRelatedPartiesCurrent`	$405.35K	USD	Point-in-time
Due to related parties (Note 3)	`DueToRelatedPartiesCurrent`	$418.12K	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`	$118.17K	USD	Point-in-time
Derivative liabilities (Note 6)	`DerivativeLiabilitiesCurrent`	$697.29K	USD	Point-in-time
Total Liabilities	`Liabilities`	$2.75M	USD	Point-in-time
Total Liabilities	`Liabilities`	$2.22M	USD	Point-in-time
Preferred Stock Authorized: 100,000,000 preferred shares. No shares issued and outstanding at June 30, 2012 and December 31, 2011	`PreferredStockValue`	-	USD	Point-in-time
Preferred Stock Authorized: 100,000,000 preferred shares. No shares issued and outstanding at June 30, 2012 and December 31, 2011	`PreferredStockValue`	-	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`	$-2.27M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-2.81M	USD	Point-in-time
Total Stockholders' Deficit	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-2.75M	USD	Point-in-time
Total Stockholders' Deficit	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-2.22M	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 64 line items

Line Item	Tag	Value	Unit	Period
Revenues	`Revenues`	-	USD	1 Quarter
Revenues	`Revenues`	-	USD	1 Quarter
Revenues	`Revenues`	-	USD	2 Qtrs
Revenues	`Revenues`	$49.26K	USD	2 Qtrs
Cost of revenues	`CostOfRevenue`	-	USD	1 Quarter
Cost of revenues	`CostOfRevenue`	-	USD	2 Qtrs
Cost of revenues	`CostOfRevenue`	$40.63K	USD	2 Qtrs
Cost of revenues	`CostOfRevenue`	$100.00	USD	1 Quarter
Gross Profit	`GrossProfit`	$8.63K	USD	2 Qtrs
Gross Profit	`GrossProfit`	$-100.00	USD	1 Quarter
Gross Profit	`GrossProfit`	-	USD	1 Quarter
Gross Profit	`GrossProfit`	-	USD	2 Qtrs
Depreciation	`DepreciationAndAmortization`	$75.00	USD	2 Qtrs
Depreciation	`DepreciationAndAmortization`	-	USD	1 Quarter
Depreciation	`DepreciationAndAmortization`	-	USD	2 Qtrs
Depreciation	`DepreciationAndAmortization`	-	USD	1 Quarter
Selling, general, and administrative	`SellingGeneralAndAdministrativeExpense`	$19.16K	USD	1 Quarter
Selling, general, and administrative	`SellingGeneralAndAdministrativeExpense`	-	USD	2 Qtrs
Selling, general, and administrative	`SellingGeneralAndAdministrativeExpense`	-	USD	1 Quarter
Selling, general, and administrative	`SellingGeneralAndAdministrativeExpense`	$41.49K	USD	2 Qtrs
Professional fees	`ProfessionalFees`	-	USD	1 Quarter
Professional fees	`ProfessionalFees`	$168.41K	USD	1 Quarter
Professional fees	`ProfessionalFees`	-	USD	2 Qtrs
Professional fees	`ProfessionalFees`	$205.81K	USD	2 Qtrs
Total Expenses	`OperatingExpenses`	$247.37K	USD	2 Qtrs
Total Expenses	`OperatingExpenses`	-	USD	1 Quarter
Total Expenses	`OperatingExpenses`	$187.57K	USD	1 Quarter
Total Expenses	`OperatingExpenses`	-	USD	2 Qtrs
Loss from Operations	`OperatingIncomeLoss`	-	USD	1 Quarter
Loss from Operations	`OperatingIncomeLoss`	$-238.74K	USD	2 Qtrs
Loss from Operations	`OperatingIncomeLoss`	$-187.67K	USD	1 Quarter
Loss from Operations	`OperatingIncomeLoss`	-	USD	2 Qtrs
Accretion of discounts on convertible debt	`AccretionExpense`	$197.19K	USD	1 Quarter
Accretion of discounts on convertible debt	`AccretionExpense`	-	USD	1 Quarter
Accretion of discounts on convertible debt	`AccretionExpense`	$3.21K	USD	2 Qtrs
Accretion of discounts on convertible debt	`AccretionExpense`	$374.36K	USD	2 Qtrs
Gain on change in fair value of derivative liabilities	`IncreaseDecreaseInFairValueOfUnhedgedDerivativeInstruments`	$327.87K	USD	1 Quarter
Gain on change in fair value of derivative liabilities	`IncreaseDecreaseInFairValueOfUnhedgedDerivativeInstruments`	$579.12K	USD	2 Qtrs
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`	$538.67K	USD	1 Quarter
Interest expense	`InterestExpenseDebt`	$40.92K	USD	2 Qtrs
Interest expense	`InterestExpenseDebt`	$20.46K	USD	1 Quarter
Interest expense	`InterestExpenseDebt`	$24.22K	USD	1 Quarter
Interest expense	`InterestExpenseDebt`	$46.71K	USD	2 Qtrs
Total Other Income (Expense)	`NonoperatingIncomeExpense`	$535.00K	USD	2 Qtrs
Total Other Income (Expense)	`NonoperatingIncomeExpense`	$307.41K	USD	1 Quarter
Total Other Income (Expense)	`NonoperatingIncomeExpense`	$317.25K	USD	1 Quarter
Total Other Income (Expense)	`NonoperatingIncomeExpense`	$496.80K	USD	2 Qtrs
Net Income (Loss) for the Period	`ProfitLoss`	$307.41K	USD	1 Quarter
Net Income (Loss) for the Period	`ProfitLoss`	$258.06K	USD	2 Qtrs
Net Income (Loss) for the Period	`ProfitLoss`	$535.00K	USD	2 Qtrs
Net Income (Loss) for the Period	`ProfitLoss`	$129.58K	USD	1 Quarter
Net Income Per Share, Basic	`EarningsPerShareBasic`	$0.01	USD	2 Qtrs
Net Income Per Share, Basic	`EarningsPerShareBasic`	$0.00	USD	2 Qtrs
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`	$0.00	USD	1 Quarter
Net Income Per Share, Diluted	`EarningsPerShareDiluted`	$0.00	USD	1 Quarter
Net Income Per Share, Diluted	`EarningsPerShareDiluted`	$0.00	USD	2 Qtrs
Net Income Per Share, Diluted	`EarningsPerShareDiluted`	$0.00	USD	2 Qtrs
Weighted Average Shares Outstanding	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	75.00M	shares	1 Quarter
Weighted Average Shares Outstanding	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	78.63M	shares	2 Qtrs
Weighted Average Shares Outstanding	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	75.00M	shares	2 Qtrs
Weighted Average Shares Outstanding	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	78.63M	shares	1 Quarter

Cash Flow Statement 54 line items

Line Item	Tag	Value	Unit	Period
Net income for the period	`ProfitLoss`	$307.41K	USD	1 Quarter
Net income for the period	`ProfitLoss`	$258.06K	USD	2 Qtrs
Net income for the period	`ProfitLoss`	$535.00K	USD	2 Qtrs
Net income for the period	`ProfitLoss`	$129.58K	USD	1 Quarter
Accretion of discounts on convertible debt	`AccretionExpenseIncludingAssetRetirementObligations`	$3.21K	USD	2 Qtrs
Accretion of discounts on convertible debt	`AccretionExpenseIncludingAssetRetirementObligations`	$374.36K	USD	2 Qtrs
Depreciation	`Depreciation`	-	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`	$917.87K	USD	2 Qtrs
Gain on change in fair value of derivative liabilities	`UnrealizedGainLossOnDerivatives`	$579.12K	USD	2 Qtrs
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	-	USD	2 Qtrs
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$-2.00K	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayableTrade`	$10.66K	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayableTrade`	-	USD	2 Qtrs
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	-	USD	2 Qtrs
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$10.50K	USD	2 Qtrs
Accrued interest payable	`IncreaseDecreaseInInterestPayableNet`	$28.14K	USD	2 Qtrs
Accrued interest payable	`IncreaseDecreaseInInterestPayableNet`	$29.20K	USD	2 Qtrs
Due to related parties	`IncreaseDecreaseInDueToRelatedPartiesCurrent`	$87.47K	USD	2 Qtrs
Due to related parties	`IncreaseDecreaseInDueToRelatedPartiesCurrent`	$12.78K	USD	2 Qtrs
Net Cash Used In Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	-	USD	2 Qtrs
Net Cash Used In Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$-144.31K	USD	2 Qtrs
Proceeds from note receivable	`ProceedsFromCollectionOfNotesReceivable`	$2.99K	USD	2 Qtrs
Proceeds from note receivable	`ProceedsFromCollectionOfNotesReceivable`	-	USD	2 Qtrs
Net Cash Provided By Investing Activities	`NetCashProvidedByUsedInInvestingActivities`	-	USD	2 Qtrs
Net Cash Provided By 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`	$45.96K	USD	2 Qtrs
Proceeds from loans payable	`ProceedsFromIssuanceOfUnsecuredDebt`	-	USD	2 Qtrs
Proceeds from convertible debt	`ProceedsFromConvertibleDebt`	$125.00K	USD	2 Qtrs
Proceeds from convertible debt	`ProceedsFromConvertibleDebt`	-	USD	2 Qtrs
Repayment of convertible debt	`RepaymentsOfConvertibleDebt`	$4.51K	USD	2 Qtrs
Repayment of convertible debt	`RepaymentsOfConvertibleDebt`	-	USD	2 Qtrs
Net Cash Used in Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$-16.78K	USD	2 Qtrs
Net Cash Used in Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	-	USD	2 Qtrs
Change in Cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	-	USD	2 Qtrs
Change in Cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-158.10K	USD	2 Qtrs
Cash, Beginning of Period	`CashAndCashEquivalentsAtCarryingValue`	$9.62K	USD	Point-in-time
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`	-	USD	Point-in-time
Cash, End of Period	`CashAndCashEquivalentsAtCarryingValue`	$9.62K	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`	-	USD	Point-in-time
Interest paid	`InterestPaid`	$17.51K	USD	2 Qtrs
Interest paid	`InterestPaid`	-	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.