10-Q Filing

STRAGENICS, INC. CIK: 1456993 Q2 2013

Filing Information

Form Type	10-Q
Accession Number	`0001213900-13-004679`
Period End Date	20130630
Filing Date	20130819
Fiscal Year	2013
Fiscal Period	Q2
XBRL Instance	rxac-20130630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 58 Income Statement 64 Cash Flow Statement 41 Stockholders Equity 16

Balance Sheet 58 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
Preferred Stock, shares issued	`PreferredStockSharesIssued`	-	shares	Point-in-time
Preferred Stock, shares outstanding	`PreferredStockSharesOutstanding`	-	shares	Point-in-time
Cash and equivalents	`CashAndCashEquivalentsAtCarryingValue`	$-360.00	USD	Point-in-time
Cash and equivalents	`CashAndCashEquivalentsAtCarryingValue`	$16.00	USD	Point-in-time
Cash and equivalents	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Preferred Stock, shares outstanding	`PreferredStockSharesOutstanding`	-	shares	Point-in-time
Common Stock, shares authorized	`CommonStockSharesAuthorized`	400.00M	shares	Point-in-time
Common Stock, shares authorized	`CommonStockSharesAuthorized`	400.00M	shares	Point-in-time
Common Stock, shares authorized	`CommonStockSharesAuthorized`	-	shares	Point-in-time
Accounts receivable	`AccountsReceivableNetCurrent`	$4.00K	USD	Point-in-time
Accounts receivable	`AccountsReceivableNetCurrent`	-	USD	Point-in-time
Common Stock, shares authorized	`CommonStockSharesAuthorized`	250.00M	shares	Point-in-time
Common Stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common Stock, par value	`CommonStockParOrStatedValuePerShare`	-	USD	Point-in-time
Common Stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$4.00K	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$16.00	USD	Point-in-time
Common Stock, shares issued	`CommonStockSharesIssued`	12.35M	shares	Point-in-time
Common Stock, shares issued	`CommonStockSharesIssued`	10.00	shares	Point-in-time
TOTAL ASSETS	`Assets`	$16.00	USD	Point-in-time
TOTAL ASSETS	`Assets`	$4.00K	USD	Point-in-time
Common Stock, shares issued	`CommonStockSharesIssued`	89.01M	shares	Point-in-time
Common Stock, shares outstanding	`CommonStockSharesOutstanding`	89.01M	shares	Point-in-time
Common Stock, shares outstanding	`CommonStockSharesOutstanding`	10.00	shares	Point-in-time
Bank overdraft	`BankOverdrafts`	$360.00	USD	Point-in-time
Bank overdraft	`BankOverdrafts`	-	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$112.58K	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$3.10K	USD	Point-in-time
Accrued interest	`InterestAndDividendsPayableCurrent`	$147.63K	USD	Point-in-time
Accrued interest	`InterestAndDividendsPayableCurrent`	-	USD	Point-in-time
Convertible notes payable	`ConvertibleDebtCurrent`	-	USD	Point-in-time
Convertible notes payable	`ConvertibleDebtCurrent`	$1.48M	USD	Point-in-time
Due to related parties	`DueToRelatedPartiesCurrent`	-	USD	Point-in-time
Due to related parties	`DueToRelatedPartiesCurrent`	$431.06K	USD	Point-in-time
Loans payable	`LoansPayableCurrent`	-	USD	Point-in-time
Loans payable	`LoansPayableCurrent`	$30.55K	USD	Point-in-time
Derivative liabilities	`DerivativeLiabilitiesCurrent`	$365.92K	USD	Point-in-time
Derivative liabilities	`DerivativeLiabilitiesCurrent`	-	USD	Point-in-time
Total Liabilities	`Liabilities`	$3.10K	USD	Point-in-time
Total Liabilities	`Liabilities`	$2.57M	USD	Point-in-time
Preferred Stock Authorized: 100,000,000 preferred shares. No shares issued and outstanding at June 30, 2013 and December 31, 2012	`PreferredStockValue`	-	USD	Point-in-time
Preferred Stock Authorized: 100,000,000 preferred shares. No shares issued and outstanding at June 30, 2013 and December 31, 2012	`PreferredStockValue`	-	USD	Point-in-time
Common Stock, 400,000,000 shares of common stock with par value of $.0001, (2012 -unlimited shares authorized no par value, Issued 89,005,250 shares of common stock ( 2012- 10 shares issued and outstanding )	`CommonStockValue`	$8.90K	USD	Point-in-time
Common Stock, 400,000,000 shares of common stock with par value of $.0001, (2012 -unlimited shares authorized no par value, Issued 89,005,250 shares of common stock ( 2012- 10 shares issued and outstanding )	`CommonStockValue`	$15.00	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapital`	-	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapital`	$94.36K	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-11.00	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-89.00	USD	Point-in-time
Deficit accumulated during the development stage	`RetainedEarningsAccumulatedDeficit`	$-3.08K	USD	Point-in-time
Deficit accumulated during the development stage	`RetainedEarningsAccumulatedDeficit`	$-2.67M	USD	Point-in-time
Total Stockholders' Deficit	`StockholdersEquity`	$-3.08K	USD	Point-in-time
Total Stockholders' Deficit	`StockholdersEquity`	-	USD	Point-in-time
Total Stockholders' Deficit	`StockholdersEquity`	$-2.57M	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT	`LiabilitiesAndStockholdersEquity`	$4.00K	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT	`LiabilitiesAndStockholdersEquity`	$16.00	USD	Point-in-time

Income Statement 64 line items

Line Item	Tag	Value	Unit	Period
REVENUES	`Revenues`	-	USD	Point-in-time
REVENUES	`Revenues`	-	USD	1 Quarter
REVENUES	`Revenues`	$16.29K	USD	6 Qtrs
REVENUES	`Revenues`	$16.29K	USD	2 Qtrs
Professional fees	`ProfessionalFees`	-	USD	Point-in-time
Professional fees	`ProfessionalFees`	$1.55K	USD	1 Quarter
Professional fees	`ProfessionalFees`	$5.80K	USD	2 Qtrs
Professional fees	`ProfessionalFees`	$8.30K	USD	6 Qtrs
Consulting fees	`ConsultingFees`	-	USD	Point-in-time
Consulting fees	`ConsultingFees`	$50.00K	USD	2 Qtrs
Consulting fees	`ConsultingFees`	$50.00K	USD	6 Qtrs
Consulting fees	`ConsultingFees`	-	USD	1 Quarter
Salaries and benefits	`LaborAndRelatedExpense`	-	USD	1 Quarter
Salaries and benefits	`LaborAndRelatedExpense`	$8.18K	USD	2 Qtrs
Salaries and benefits	`LaborAndRelatedExpense`	$8.18K	USD	6 Qtrs
Salaries and benefits	`LaborAndRelatedExpense`	-	USD	Point-in-time
Interest on convertible notes	`InterestExpense`	$6.36K	USD	6 Qtrs
Interest on convertible notes	`InterestExpense`	-	USD	Point-in-time
Interest on convertible notes	`InterestExpense`	$723.00	USD	1 Quarter
Interest on convertible notes	`InterestExpense`	$6.36K	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	-	USD	Point-in-time
General and administrative	`GeneralAndAdministrativeExpense`	$9.45K	USD	6 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$9.45K	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$1.64K	USD	1 Quarter
Rent	`OperatingLeasesRentExpenseNet`	$2.22K	USD	6 Qtrs
Rent	`OperatingLeasesRentExpenseNet`	-	USD	1 Quarter
Rent	`OperatingLeasesRentExpenseNet`	-	USD	Point-in-time
Rent	`OperatingLeasesRentExpenseNet`	$1.64K	USD	2 Qtrs
TOTAL EXPENSES	`OperatingExpenses`	$84.51K	USD	6 Qtrs
TOTAL EXPENSES	`OperatingExpenses`	$3.92K	USD	1 Quarter
TOTAL EXPENSES	`OperatingExpenses`	-	USD	Point-in-time
TOTAL EXPENSES	`OperatingExpenses`	$81.43K	USD	2 Qtrs
LOSS FROM OPERATIONS	`OperatingIncomeLoss`	$-65.14K	USD	2 Qtrs
LOSS FROM OPERATIONS	`OperatingIncomeLoss`	-	USD	Point-in-time
LOSS FROM OPERATIONS	`OperatingIncomeLoss`	$-3.92K	USD	1 Quarter
LOSS FROM OPERATIONS	`OperatingIncomeLoss`	$-68.22K	USD	6 Qtrs
PROVISION FOR INCOME TAXES	`CurrentIncomeTaxExpenseBenefit`	-	USD	2 Qtrs
PROVISION FOR INCOME TAXES	`CurrentIncomeTaxExpenseBenefit`	-	USD	1 Quarter
PROVISION FOR INCOME TAXES	`CurrentIncomeTaxExpenseBenefit`	-	USD	6 Qtrs
PROVISION FOR INCOME TAXES	`CurrentIncomeTaxExpenseBenefit`	-	USD	2 Qtrs
PROVISION FOR INCOME TAXES	`CurrentIncomeTaxExpenseBenefit`	-	USD	Point-in-time
NET LOSS	`NetIncomeLoss`	-	USD	Point-in-time
NET LOSS	`NetIncomeLoss`	$-3.92K	USD	1 Quarter
NET LOSS	`NetIncomeLoss`	$-68.22K	USD	6 Qtrs
NET LOSS	`NetIncomeLoss`	$-65.14K	USD	2 Qtrs
NET LOSS PER SHARE: BASIC AND DILUTED	`EarningsPerShareBasicAndDiluted`	-	USD	Point-in-time
NET LOSS PER SHARE: BASIC AND DILUTED	`EarningsPerShareBasicAndDiluted`	-	USD	1 Quarter
NET LOSS PER SHARE: BASIC AND DILUTED	`EarningsPerShareBasicAndDiluted`	-	USD	2 Qtrs
WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING: BASIC AND DILUTED	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	89.01M	shares	1 Quarter
WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING: BASIC AND DILUTED	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	78.63M	shares	Point-in-time
WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING: BASIC AND DILUTED	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	82.83M	shares	2 Qtrs
Net loss	`NetIncomeLoss`	-	USD	Point-in-time
Net loss	`NetIncomeLoss`	$-3.92K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-68.22K	USD	6 Qtrs
Net loss	`NetIncomeLoss`	$-65.14K	USD	2 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentBeforeTaxPortionAttributableToParent`	-	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentBeforeTaxPortionAttributableToParent`	$89.00	USD	6 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentBeforeTaxPortionAttributableToParent`	-	USD	Point-in-time
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentBeforeTaxPortionAttributableToParent`	$-78.00	USD	2 Qtrs
TOTAL COMPREHENSIVE LOSS	`ComprehensiveIncomeNetOfTax`	-	USD	Point-in-time
TOTAL COMPREHENSIVE LOSS	`ComprehensiveIncomeNetOfTax`	$-3.10K	USD	Annual
TOTAL COMPREHENSIVE LOSS	`ComprehensiveIncomeNetOfTax`	$-65.22K	USD	2 Qtrs
TOTAL COMPREHENSIVE LOSS	`ComprehensiveIncomeNetOfTax`	$-3.92K	USD	1 Quarter
TOTAL COMPREHENSIVE LOSS	`ComprehensiveIncomeNetOfTax`	$-6.31K	USD	6 Qtrs

Cash Flow Statement 41 line items

Line Item	Tag	Value	Unit	Period
Net loss for the period	`NetIncomeLoss`	-	USD	Point-in-time
Net loss for the period	`NetIncomeLoss`	$-3.92K	USD	1 Quarter
Net loss for the period	`NetIncomeLoss`	$-68.22K	USD	6 Qtrs
Net loss for the period	`NetIncomeLoss`	$-65.14K	USD	2 Qtrs
Convertible note issued for expenses	`ConvertibleNoteIssuedForExpenses`	-	USD	Point-in-time
Convertible note issued for expenses	`ConvertibleNoteIssuedForExpenses`	$54.00K	USD	2 Qtrs
Convertible note issued for expenses	`ConvertibleNoteIssuedForExpenses`	$54.00K	USD	6 Qtrs
Increase in accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$8.34K	USD	2 Qtrs
Increase in accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	-	USD	Point-in-time
Increase in accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$11.44K	USD	6 Qtrs
Net Cash Provided by (Used in) Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$-2.80K	USD	2 Qtrs
Net Cash Provided by (Used in) Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	-	USD	Point-in-time
Net Cash Provided by (Used in) Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$-2.79K	USD	6 Qtrs
Proceeds from promissory note	`ProceedsFromConvertibleDebt`	$2.50K	USD	2 Qtrs
Proceeds from promissory note	`ProceedsFromConvertibleDebt`	$2.50K	USD	6 Qtrs
Proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	0.00	GBP	Point-in-time
Proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$15.00	USD	6 Qtrs
Proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	-	USD	2 Qtrs
Net Cash Provided by Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$2.52K	USD	6 Qtrs
Net Cash Provided by Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	-	USD	Point-in-time
Net Cash Provided by Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$2.50K	USD	2 Qtrs
Exchange rate effect on cash	`EffectOfExchangeRateOnCashAndCashEquivalents`	-	USD	Point-in-time
Exchange rate effect on cash	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-78.00	USD	2 Qtrs
Exchange rate effect on cash	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-89.00	USD	6 Qtrs
NET INCREASE (DECREASE) IN CASH	`CashAndCashEquivalentsPeriodIncreaseDecrease`	-	USD	Point-in-time
NET INCREASE (DECREASE) IN CASH	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-360.00	USD	6 Qtrs
NET INCREASE (DECREASE) IN CASH	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-376.00	USD	2 Qtrs
Cash, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$-360.00	USD	Point-in-time
Cash, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$16.00	USD	Point-in-time
Cash, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Cash, (bank overdraft) end of period	`CashAndCashEquivalentsAtCarryingValue`	$-360.00	USD	Point-in-time
Cash, (bank overdraft) end of period	`CashAndCashEquivalentsAtCarryingValue`	$16.00	USD	Point-in-time
Cash, (bank overdraft) end of period	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Cash paid for interest	`InterestPaid`	-	USD	6 Qtrs
Cash paid for interest	`InterestPaid`	-	USD	2 Qtrs
Cash paid for income taxes	`IncomeTaxesPaid`	-	USD	6 Qtrs
Cash paid for income taxes	`IncomeTaxesPaid`	-	USD	2 Qtrs
Net liabilities acquired on recapitalization	`NetLiabilitiesAcquiredOnRecapitalization`	$2.59M	USD	6 Qtrs
Net liabilities acquired on recapitalization	`NetLiabilitiesAcquiredOnRecapitalization`	$2.59M	USD	2 Qtrs
Common stock issued for debt	`CommonStockIssuedForDebt`	$95.60K	USD	2 Qtrs
Common stock issued for debt	`CommonStockIssuedForDebt`	$95.60K	USD	6 Qtrs

Stockholders Equity 16 line items

Line Item	Tag	Value	Unit	Period
Beginning balance	`StockholdersEquity`	$-3.08K	USD	Point-in-time
Beginning balance	`StockholdersEquity`	-	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$-2.57M	USD	Point-in-time
Issuance of common stock for cash	`StockIssuedDuringPeriodValueIssuedForCash`	$15.00	USD	Annual
Cancellation of shares on recapitalization	`StockRepurchasedAndRetiredDuringPeriodValue`	-	USD	2 Qtrs
Issuance of shares on recapitalization	`StockIssuedDuringPeriodValueIssuedOnRecapitalization`	-	USD	2 Qtrs
Assumption of net liabilities on recapitalization	`AssumptionOfNetLiabilitiesOnRecapitalization`	$-2.59M	USD	2 Qtrs
Issuance of common stock for debt	`StockIssuedDuringPeriodValueIssuedForDebt`	$95.60K	USD	2 Qtrs
Net loss and other comprehensive loss for the period	`ComprehensiveIncomeNetOfTax`	-	USD	Point-in-time
Net loss and other comprehensive loss for the period	`ComprehensiveIncomeNetOfTax`	$-3.10K	USD	Annual
Net loss and other comprehensive loss for the period	`ComprehensiveIncomeNetOfTax`	$-65.22K	USD	2 Qtrs
Net loss and other comprehensive loss for the period	`ComprehensiveIncomeNetOfTax`	$-3.92K	USD	1 Quarter
Net loss and other comprehensive loss for the period	`ComprehensiveIncomeNetOfTax`	$-6.31K	USD	6 Qtrs
Balance	`StockholdersEquity`	$-3.08K	USD	Point-in-time
Balance	`StockholdersEquity`	-	USD	Point-in-time
Balance	`StockholdersEquity`	$-2.57M	USD	Point-in-time

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