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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details1) (USD $)
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2 Months Ended | 3 Months Ended | 6 Months Ended | 14 Months Ended | |
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Jun. 30, 2011
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Jun. 30, 2012
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Jun. 30, 2012
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Jun. 30, 2011
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Jun. 30, 2012
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| Numerator: | |||||
| Loss from continuing operations | $ (1,537) | $ (283,980) | $ (3,216,554) | $ (1,537) | $ (3,226,402) |
| Loss from discontinued operations | $ (1,302,620) | $ (1,329,925) | $ (1,429,399) | ||
| Denominator: | |||||
| Denominator for basic and diluted loss per share (weighted-average shares) | 10,000,000 | 41,271,308 | 36,069,915 | 10,000,000 | 21,487,075 |
| Loss per common share, basic and diluted: | |||||
| Loss from continuing operations | $ 0.00 | $ (0.01) | $ (0.09) | $ 0.00 | $ (0.15) |
| Loss from discontinued operations | $ 0.00 | $ (0.03) | $ (0.04) | $ 0.00 | $ (0.07) |
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- Definition
Amount of income (loss) from continuing operations attributable to the parent. Also defined as revenue less expenses and taxes from ongoing operations before extraordinary items but after deduction of those portions of income or loss from continuing operations that are allocable to noncontrolling interests. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The amount of net income (loss) from continuing operations per each basic and diluted share of common stock or unit when the per share amount is the same for both basic and diluted shares. No definition available.
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- Definition
Amount of income (loss) from a disposal group, net of income tax before extraordinary items allocable to noncontrolling interests. Includes, net of tax, income (loss) from operations during the phase-out period, gain (loss) on disposal, provision (or any reversals of earlier provisions) for loss on disposal, and adjustments of a prior period gain (loss) on disposal. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The amount of income (loss) derived from discontinued operations during the period, net of related tax effect, per each basic and diluted share of common stock or unit when the per share amount is the same for both basic and diluted shares. No definition available.
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- Definition
Average number of shares or units issued and outstanding that are used in calculating basic and diluted earnings per share (EPS). No definition available.
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