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EXCEL - IDEA: XBRL DOCUMENT - Novagen Ingenium Inc.Financial_Report.xls
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v2.4.0.6
7. BUSINESS COMBINATIONS (Details) (USD $)
3 Months Ended 9 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Sep. 30, 2012
Sep. 30, 2011
Purchase consideration        
Equity issued (400,000 shares of common stock) $ 76,000   $ 76,000  
Fair value of assets and liabilities obtained        
Gain recognized on bargain purchase 0 0 (398,676) 0
Fair Value [Member]
       
Fair value of assets and liabilities obtained        
Cash and cash equivalents 168   168  
Receivables 293   293  
Inventories 140,842   140,842  
Property, plant and equipment 333,772   333,772  
Payables (399)   (399)  
Identifiable assets and liabilities acquired 474,676   474,676  
Gain recognized on bargain purchase     $ 398,676