Component: (Network and Table) | |
---|---|
Network | 0002 - Statement - Balance Sheets (http://5barz.com/role/BalanceSheets) |
Table | (Implied) |
Reporting Entity [Axis] | 0001454124 (http://www.sec.gov/CIK) |
Statement of Financial Position [Abstract] | Period [Axis] | |||
---|---|---|---|---|
2011-12-31 | 2010-12-31 | 2009-12-31 | 2008-12-31 | |
Statement of Financial Position [Abstract] | ||||
ASSETS | ||||
Current assets: | ||||
Cash | 49,209 | 0 | 1,274 | |
Prepaid expenses and deposits | 19,159 | |||
Total current assets | 68,368 | 0 | ||
Fixed Assets | ||||
Equipment, net | 4,185 | 0 | ||
Other assets | ||||
Due from Cellynx - Line of credit | 250,152 | 0 | ||
Deposit on investment in Cellynx | 170,000 | 0 | ||
Intangible assets | 1,883,650 | 1,883,650 | ||
Total other assets | 2,303,802 | 1,883,650 | ||
TOTAL ASSETS | 2,376,355 | 1,883,650 | ||
LIABILITIES | ||||
Current liabilities: | ||||
Accounts payable and accrued expenses | 236,446 | 15,220 | ||
Advances from shareholder | 0 | 8,602 | ||
Due to Cellynx | 1,196,701 | 1,439,566 | ||
Due to escrow agent | 53,033 | 0 | ||
Note payable | 55,318 | 0 | ||
Total current liabilities | 1,541,498 | 1,463,388 | ||
Related party loans | 120,437 | 434,997 | ||
TOTAL LIABILITIES | 1,661,935 | 1,898,385 | ||
STOCKHOLDERS' EQUITY | ||||
Common stock, $.001 par value, 250,000,000 shares authorized; 90,182,785 and 87,569,800 shares issued and outstanding as of December 31, 2011 and 2010, respectively | 90,183 | 87,570 | ||
Capital in excess of par value | 1,458,086 | (49,075) | ||
Deficit accumulated during the development stage | (834,377) | (53,230) | ||
Minority interest | 528 | 0 | ||
Total stockholders' deficit | 714,420 | (14,735) | 737 | 19,532 |
TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT | 2,376,355 | 1,883,650 |