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EXCEL - IDEA: XBRL DOCUMENT - Novagen Ingenium Inc.Financial_Report.xls
10-Q - NOVAGEN 10-Q - Novagen Ingenium Inc.novagen_10q-093012.htm
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v2.4.0.6
CONSOLIDATED BALANCE SHEETS (USD $)
Sep. 30, 2012
Successor [Member]
Dec. 31, 2011
Successor [Member]
Dec. 31, 2011
Predecessor Business [Member]
ASSETS      
Cash $ 108,332 $ 0 $ 2,729
Other receivables 39,793 0   
Inventories 149,303 0 3,208
TOTAL CURRENT ASSETS 297,428 0 5,937
PROPERTY AND EQUIPMENT, net 360,866 0 3,191
TOTAL ASSETS 658,294 0 9,128
LIABILITIES AND STOCKHOLDERS' DEFICIT      
Accounts payable and accrued liabilities 98,188 267 6,926
Notes payable 466,197 0 10,973
TOTAL CURRENT LIABILITIES 564,385 267 17,899
STOCKHOLDERS' EQUITY      
Preferred stock, $0.0001 par value, 50,000,000 shares authorized; no shares issued and outstanding, respectively 0 0 0
Common stock, $0.0001 par value, 100,000,000 shares authorized; 47,375,901 shares issued and outstanding, respectively (December 31, 2011: 43,675,900) 4,738 4,367 108
Additional paid-in capital 698,759 516,330 0
Accumulated other comprehensive income 519 0 144
Accumulated deficit prior to current development stage (520,964) (520,964) 0
Accumulated deficit during development stage (89,143) 0 (9,023)
TOTAL STOCKHOLDERS' EQUITY 93,909 (267) (8,771)
TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT $ 658,294 $ 0 $ 9,128