 |
| Attached files |
| File | Filename |
| EX-14.1 - CODE OF BUSINESS CONDUCT AND ETHICS - WebXU, Inc. | ex14-1.htm |
| XML - IDEA: XBRL DOCUMENT - WebXU, Inc. | R10.htm |
| XML - IDEA: XBRL DOCUMENT - WebXU, Inc. | R5.htm |
| XML - IDEA: XBRL DOCUMENT - WebXU, Inc. | R16.htm |
| XML - IDEA: XBRL DOCUMENT - WebXU, Inc. | R14.htm |
| XML - IDEA: XBRL DOCUMENT - WebXU, Inc. | R13.htm |
| XML - IDEA: XBRL DOCUMENT - WebXU, Inc. | R15.htm |
| XML - IDEA: XBRL DOCUMENT - WebXU, Inc. | R11.htm |
| XML - IDEA: XBRL DOCUMENT - WebXU, Inc. | R12.htm |
| XML - IDEA: XBRL DOCUMENT - WebXU, Inc. | R4.htm |
| XML - IDEA: XBRL DOCUMENT - WebXU, Inc. | R18.htm |
| XML - IDEA: XBRL DOCUMENT - WebXU, Inc. | R1.htm |
| XML - IDEA: XBRL DOCUMENT - WebXU, Inc. | R17.htm |
| XML - IDEA: XBRL DOCUMENT - WebXU, Inc. | R3.htm |
| XML - IDEA: XBRL DOCUMENT - WebXU, Inc. | R7.htm |
| XML - IDEA: XBRL DOCUMENT - WebXU, Inc. | R6.htm |
| XML - IDEA: XBRL DOCUMENT - WebXU, Inc. | R8.htm |
| EXCEL - IDEA: XBRL DOCUMENT - WebXU, Inc. | Financial_Report.xls |
| XML - IDEA: XBRL DOCUMENT - WebXU, Inc. | R9.htm |
| EX-32.2 - SECTION 906 CERTIFICATE OF CHIEF FINANCIAL OFFICER - WebXU, Inc. | ex32-2.htm |
| EX-32.1 - SECTION 906 CERTIFICATE OF CHIEF EXECUTIVE OFFICER - WebXU, Inc. | ex32-1.htm |
| EX-31.2 - SECTION 302 CERTIFICATE OF CHIEF FINANCIAL OFFICER - WebXU, Inc. | ex31-2.htm |
| EX-31.1 - SECTION 302 CERTIFICATE OF CHIEF EXECUTIVE OFFICER - WebXU, Inc. | ex31-1.htm |
| EX-21.1 - LIST OF SUBSIDIARIES - WebXU, Inc. | ex21-1.htm |
| EX-10.15 - MATT HILL AMENDMENT - WebXU, Inc. | ex10-15.htm |
| 10-K - ANNUAL REPORT - WebXU, Inc. | form10k.htm |
v2.4.0.6
|
Consolidated Balance Sheets (USD $)
|
Dec. 31, 2011
|
Dec. 31, 2010
|
| Current assets: |
|
|
| Cash |
$ 875,150 |
|
| Accounts receivable |
2,218,504 |
|
| Accounts receivable - related party, net |
639,599 |
|
| Prepaid and other expenses |
77,378 |
|
| Total current assets |
3,810,631 |
|
| Property, website, and computer equipment |
179,336 |
|
| Less: Accumulated depreciation and amortization |
(24,808) |
|
| Property, website, and computer equipment, net |
154,528 |
|
| Other Assets: |
|
|
| Investment in Lot 6 |
7,834,673 |
|
| Promissory note receivable |
3,850 |
|
| Other assets |
132,494 |
|
| Total assets: |
11,936,176 |
|
| Current liabilities: |
|
|
| Accounts payable |
950,848 |
36,034 |
| Accounts payable - related party, net |
467,972 |
|
| Loan from officer, short term |
|
500 |
| Short term loans payable |
1,030,000 |
|
| Wages payable |
430,472 |
68,125 |
| State taxes payable |
|
800 |
| Note Payable-Lot6 acquisition |
4,898,493 |
|
| Notes payable |
2,057,712 |
|
| Due on acquisition of CST Holding Corp. |
120,000 |
|
| Accrued expenses |
569,856 |
|
| Other current liabilities |
78,706 |
|
| Total current liabilities |
10,604,059 |
105,459 |
| Total liabilities: |
10,604,059 |
105,459 |
| Stockholders’ (deficit) equity : |
|
|
| Common stock, $0.001 par value, 50,000,000 shares authorized, 20,565,538 and 14,381,062 outstanding as of December 31, 2011 and December 31, 2010, respectively. |
20,566 |
14,381 |
| Additional Paid in Capital |
4,315,455 |
208 |
| Accumulated deficit |
(3,003,904) |
(120,048) |
| Total stockholders' equity |
1,332,117 |
(105,459) |
| Total liabilities and stockholders' equity: |
$ 11,936,176 |
|
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- Definition
The total amount of investments that are intended to be held for an extended period of time (longer than one operating cycle).
+ References
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-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02.12)
-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682
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An amount representing an agreement for an unconditional promise by the maker to pay the Entity (holder) a definite sum of money at a future date more than one year from the balance sheet date, net of any write-downs taken for collection uncertainty on the part of the holder. Such amount may include accrued interest receivable in accordance with the terms of the debt. The debt also may contain provisions and related items including a discount or premium, payable on demand, secured, or unsecured, interest bearing or noninterest bearing, among a myriad of other features and characteristics. This amount does not include amounts related to receivables held-for-sale.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 02
-Paragraph 17
-Article 5
Reference 2: http://www.xbrl.org/2003/role/presentationRef
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-Name Accounting Standards Codification
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-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02.17)
-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682
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| Period Type: |
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| X |
- Definition
Sum of the carrying values as of the balance sheet date of the portions of long-term notes payable due within one year or the operating cycle if longer.
+ References
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-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 02
-Paragraph 19, 20
-Article 5
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-Paragraph 1
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| Data Type: |
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| Balance Type: |
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| Period Type: |
instant |
|
| X |
- Definition
The aggregate carrying amounts, as of the balance sheet date, of assets not separately disclosed in the balance sheet.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 02
-Paragraph 17
-Article 5
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-Paragraph 1
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| Balance Type: |
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| Period Type: |
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| X |
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| X |
- Definition
Aggregate carrying amount, as of the balance sheet date, of obligations incurred and payable, pertaining to costs that are statutory in nature, are incurred on contractual obligations, or accumulate over time and for which invoices have not yet been received or will not be rendered and of liabilities not separately disclosed in the balance sheet. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section 45
-Paragraph 6
-URI http://asc.fasb.org/extlink&oid=6361293&loc=d3e6911-107765
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-Name Accounting Standards Codification
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-SubTopic 10
-Section 45
-Paragraph 5
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-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 02
-Paragraph 20
-Article 5
Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Research Bulletin (ARB)
-Number 43
-Chapter 3
-Section A
-Paragraph 8
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-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 6
-Paragraph 15
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.
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-Publisher FASB
-Name Accounting Standards Codification
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-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02.20)
-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682
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us-gaap_ |
| Data Type: |
xbrli:monetaryItemType |
| Balance Type: |
credit |
| Period Type: |
instant |
|
| X |
- Definition
Carrying value of the current portion of notes payable which were initially due after one year or beyond the normal operating cycle, if longer, and which are not otherwise defined in the taxonomy.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 02
-Paragraph 20
-Article 5
Reference 2: http://www.xbrl.org/2003/role/presentationRef
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-Name Accounting Standards Codification
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-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02.20)
-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682
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| Namespace Prefix: |
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| Data Type: |
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| Balance Type: |
credit |
| Period Type: |
instant |
|
| X |
- Definition
The total of the amounts paid in advance for capitalized costs that will be expensed with the passage of time or the occurrence of a triggering event, and will be charged against earnings within one year or the normal operating cycle, if longer, and the aggregate carrying amount of current assets, as of the balance sheet date, not separately presented elsewhere in the balance sheet. Current assets are expected to be realized or consumed within one year (or the normal operating cycle, if longer).
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 02
-Paragraph 8
-Article 5
Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Research Bulletin (ARB)
-Number 43
-Section A
-Paragraph 4
-Chapter 3
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.
Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Section 45
-SubTopic 10
-Topic 210
-URI http://asc.fasb.org/extlink&oid=6361293&loc=d3e6676-107765
-Publisher FASB
-Name Accounting Standards Codification
-Paragraph 1
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| Data Type: |
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| Balance Type: |
debit |
| Period Type: |
instant |
|
| X |
- Definition
Gross amount, at the balance sheet date, of long-lived physical assets used in the normal conduct of business and not intended for resale. This can include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Principles Board Opinion (APB)
-Number 12
-Paragraph 5
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.
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-Publisher FASB
-Name Accounting Standards Codification
-Topic 360
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=6391035&loc=d3e2868-110229
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-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02.13)
-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682
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| Namespace Prefix: |
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| Data Type: |
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| Balance Type: |
debit |
| Period Type: |
instant |
|
| X |
- Definition
Tangible assets that are held by an entity for use in the production or supply of goods and services, for rental to others, or for administrative purposes and that are expected to provide economic benefit for more than one year; net of accumulated depreciation. Examples include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
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-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02.13)
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-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Article 7
-Section 03
-Paragraph 8
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-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 02
-Paragraph 13
-Subparagraph a
-Article 5
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-Name Statement of Financial Accounting Standard (FAS)
-Number 12
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-Subparagraph b, c
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.
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-Name Accounting Standards Codification
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-SubTopic 10
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6391035&loc=d3e2868-110229
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| Data Type: |
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| Balance Type: |
debit |
| Period Type: |
instant |
|
| X |
- Definition
The cumulative amount of the reporting entity's undistributed earnings or deficit.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02.31(a)(3))
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-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 02
-Paragraph 31
-Article 5
Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 04
-Article 3
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| Balance Type: |
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| Period Type: |
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- Definition
Reflects the total carrying amount as of the balance sheet date of debt having initial terms less than one year or the normal operating cycle, if longer.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
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-Name Regulation S-X (SX)
-Number 210
-Section 02
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-Name Regulation S-X (SX)
-Number 210
-Section 03
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-Article 9
-Subparagraph 2, 3
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-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Article 7
-Section 03
-Paragraph 16
-Subparagraph a(1)
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Total of all stockholders' equity (deficit) items, net of receivables from officers, directors, owners, and affiliates of the entity which are attributable to the parent. The amount of the economic entity's stockholders' equity attributable to the parent excludes the amount of stockholders' equity which is allocable to that ownership interest in subsidiary equity which is not attributable to the parent (noncontrolling interest, minority interest). This excludes temporary equity and is sometimes called permanent equity.
+ References
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-Name Accounting Research Bulletin (ARB)
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-Name Regulation S-X (SX)
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-Paragraph 29, 30, 31
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-Name Staff Accounting Bulletin (SAB)
-Number Topic 4
-Section E
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-Name Accounting Standards Codification
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-Section S99
-Paragraph 2
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-URI http://asc.fasb.org/extlink&oid=6228006&loc=d3e74512-122707
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| Period Type: |
duration |
|
| X |
- Definition
Carrying value as of the balance sheet date of obligations incurred and payable for statutory income, sales, use, payroll, excise, real, property and other taxes. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 02
-Paragraph 20
-Article 5
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-Publisher SEC
-Name Regulation S-X (SX)
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-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682
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