Attached files

file filename
EXCEL - IDEA: XBRL DOCUMENT - MedPro Safety Products, Inc.Financial_Report.xls
XML - IDEA: XBRL DOCUMENT - MedPro Safety Products, Inc.R1.htm
XML - IDEA: XBRL DOCUMENT - MedPro Safety Products, Inc.R5.htm
XML - IDEA: XBRL DOCUMENT - MedPro Safety Products, Inc.R6.htm
XML - IDEA: XBRL DOCUMENT - MedPro Safety Products, Inc.R7.htm
XML - IDEA: XBRL DOCUMENT - MedPro Safety Products, Inc.R8.htm
XML - IDEA: XBRL DOCUMENT - MedPro Safety Products, Inc.R3.htm
XML - IDEA: XBRL DOCUMENT - MedPro Safety Products, Inc.R9.htm
XML - IDEA: XBRL DOCUMENT - MedPro Safety Products, Inc.R19.htm
XML - IDEA: XBRL DOCUMENT - MedPro Safety Products, Inc.R10.htm
XML - IDEA: XBRL DOCUMENT - MedPro Safety Products, Inc.R12.htm
XML - IDEA: XBRL DOCUMENT - MedPro Safety Products, Inc.R17.htm
XML - IDEA: XBRL DOCUMENT - MedPro Safety Products, Inc.R15.htm
XML - IDEA: XBRL DOCUMENT - MedPro Safety Products, Inc.R14.htm
XML - IDEA: XBRL DOCUMENT - MedPro Safety Products, Inc.R13.htm
XML - IDEA: XBRL DOCUMENT - MedPro Safety Products, Inc.R16.htm
XML - IDEA: XBRL DOCUMENT - MedPro Safety Products, Inc.R18.htm
XML - IDEA: XBRL DOCUMENT - MedPro Safety Products, Inc.R11.htm
EX-32.2 - SECTION 906 CERTIFICATION BY CFO - MedPro Safety Products, Inc.ex322_63011x10q01.htm
EX-31.2 - SEC RULE 13(A)-14(A) CERTIFICATION BY CFO - MedPro Safety Products, Inc.ex312_63011x10q-01.htm
EX-32.1 - SECTION 906 CERTIFICATION BY CEO - MedPro Safety Products, Inc.ex321_63011x10q-01.htm
EX-31.1 - SEC RULE 13(A)-14(A) CERTIFICATION BY CEO - MedPro Safety Products, Inc.ex311_63011x10q-01.htm
XML - IDEA: XBRL DOCUMENT - MedPro Safety Products, Inc.R4.htm
XML - IDEA: XBRL DOCUMENT - MedPro Safety Products, Inc.R20.htm
10-Q/A - FORM 10 Q/A (AMENDMENT NO. 2) - MedPro Safety Products, Inc.mpsp-63011x10q2.htm
v2.4.0.6
BALANCE SHEETS Statement (USD $)
Jun. 30, 2011
Dec. 31, 2010
Current Assets    
Cash and cash equivalents $ 10,947,011 $ 8,315,644
Restricted cash 2,054,255 3,864,411
Accounts receivable 644,241 179,107
Accrued interest income 2,047 3,898
Prepaid expenses and other current assets 64,166 29,368
Escrowed Senior Note funds    7,870,000
Total current assets 13,711,720 20,262,428
Property and Equipment    
Equipment and tooling 1,105,136 887,607
Leasehold improvements 787,248 240,411
Computers, network and phones 220,490 210,816
Furniture and fixtures 146,270 117,896
Trade show booth 25,521 7,341
Property and Equipment 2,284,665 1,464,071
Less: accumulated depreciation 450,111 422,586
Property and equipment, net 1,834,554 1,041,485
Other Assets    
Intangible assets, net of amortization of $723,109 and $596,839, respectively 8,065,268 8,317,810
Deferred financing costs, net of amortization of $280,389 and $157,291, respectively 1,641,014 1,887,210
Prepaid royalties 100,000 100,000
Total other assets 9,806,282 10,305,020
ASSETS 25,352,556 31,608,933
Current Liabilities    
Accounts payable and accrued expenses 456,636 762,523
Accrued interest payable 700,000 700,000
Derivative liabilities – fair value of warrants 971,249 1,157,823
Total current liabilities 2,127,885 2,620,346
Long-Term Liabilities    
Senior Notes 30,000,000 30,000,000
Total long-term liabilities 30,000,000 30,000,000
Total liabilities 32,127,885 32,620,346
Preferred stock $.01 par value: 10,000,000 shares authorized:    
Common stock $.001 par value; 90,000,000 shares authorized; 12,949,189 and 13,091,507 issued and outstanding, respectively 12,949 13,092
Additional paid-in capital 71,213,259 71,344,241
Accumulated deficit (78,098,871) (72,466,080)
Total shareholders’ deficiency (6,775,329) (1,011,413)
Total liabilities and shareholders’ deficiency 25,352,556 31,608,933
Series A Preferred Stock
   
Preferred stock $.01 par value: 10,000,000 shares authorized:    
Preferred Stock, Value Issued 66,682 66,682
Series B Preferred Stock
   
Preferred stock $.01 par value: 10,000,000 shares authorized:    
Preferred Stock, Value Issued 14,937 14,937
Series C Preferred Stock
   
Preferred stock $.01 par value: 10,000,000 shares authorized:    
Preferred Stock, Value Issued $ 15,715 $ 15,715