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EXCEL - IDEA: XBRL DOCUMENT - ROTATE BLACK INCFinancial_Report.xls
10-Q - QUARTERLY REPORT - ROTATE BLACK INCrobk_10q.htm
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v2.4.0.6
Consolidated Statements of Operations (Unaudited) (USD $) (USD $)
3 Months Ended 9 Months Ended
Mar. 31, 2012
Mar. 31, 2011
Mar. 31, 2012
Mar. 31, 2011
Income Statement [Abstract]        
Revenue $ 90,000    $ 120,000 $ 970,000
Operating expenses        
Salary expense 77,311 161,033 177,985 235,642
Stock based compensation     1,229,417 124,600
Stock issued for interest        26,000
General and administrative expenses 109,340 176,635 292,014 942,675
Equity investment loss 129,082    362,713   
Dividends on Redeemable Preferred Series A Stock 8,550    22,683   
Interest expense 399,044 186,093 775,537 349,554
Total expenses 723,327 523,761 2,860,349 1,678,471
Net (Loss) Income (633,327) (523,761) (2,740,349) (708,471)
Less: Income (loss) attributable to noncontrolling interest    330    (22,938)
Net (loss) attributable to controlling interest $ (633,327) $ (524,091) $ (2,740,349) $ (685,533)
Basic and diluted net (loss) income per common share attributed to controlling interest $ (0.02)    $ (0.11) $ (0.04)
Basic and diluted average common shares outstanding 30,886,149 18,674,635 25,666,692 17,643,345