2015 Form 10-K Financial Statement
#000101041215000084 Filed on June 15, 2015
Income Statement
Concept | 2015 | 2014 Q1 | 2014 |
---|---|---|---|
Revenue | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Cost Of Revenue | |||
YoY Change | |||
Gross Profit | |||
YoY Change | |||
Gross Profit Margin | |||
Selling, General & Admin | $2.338M | $920.0K | $2.280M |
YoY Change | 2.56% | 1214.29% | 2180.0% |
% of Gross Profit | |||
Research & Development | |||
YoY Change | |||
% of Gross Profit | |||
Depreciation & Amortization | |||
YoY Change | |||
% of Gross Profit | |||
Operating Expenses | -$116.2K | $70.00K | $1.770M |
YoY Change | -106.57% | -28.63% | 1670.0% |
Operating Profit | $116.2K | -$1.770M | |
YoY Change | -106.57% | ||
Interest Expense | $287.2K | -$20.00K | $122.5K |
YoY Change | 134.54% | -404.09% | -1324.52% |
% of Operating Profit | 247.14% | ||
Other Income/Expense, Net | -$263.0K | -$850.0K | $1.563M |
YoY Change | -116.82% | 12823.83% | |
Pretax Income | -$146.7K | -$90.00K | -$206.1K |
YoY Change | -28.81% | -14.0% | 106.14% |
Income Tax | $0.00 | ||
% Of Pretax Income | |||
Net Earnings | -$146.7K | -$90.00K | -$206.1K |
YoY Change | -28.81% | -14.0% | 106.14% |
Net Earnings / Revenue | |||
Basic Earnings Per Share | |||
Diluted Earnings Per Share | -$3.402K | -$1.966K | -$4.934K |
COMMON SHARES | |||
Basic Shares Outstanding | 42.92M shares | ||
Diluted Shares Outstanding |
Balance Sheet
Concept | 2015 | 2014 Q1 | 2014 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $336.4K | $380.0K | $380.0K |
YoY Change | -11.48% | -30.91% | -30.91% |
Cash & Equivalents | $336.4K | $375.2K | $380.0K |
Short-Term Investments | |||
Other Short-Term Assets | $1.880K | $0.00 | $0.00 |
YoY Change | |||
Inventory | |||
Prepaid Expenses | $2.000K | ||
Receivables | |||
Other Receivables | |||
Total Short-Term Assets | $338.3K | $377.2K | $380.0K |
YoY Change | -10.99% | -30.84% | -30.91% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | |||
YoY Change | |||
Goodwill | |||
YoY Change | |||
Intangibles | |||
YoY Change | |||
Long-Term Investments | $26.14M | $15.83M | $15.83M |
YoY Change | 65.14% | 151.27% | 151.27% |
Other Assets | $16.43K | $3.585M | $10.00K |
YoY Change | 64.3% | ||
Total Long-Term Assets | $26.37M | $16.70M | $16.70M |
YoY Change | 57.89% | 165.17% | 165.5% |
TOTAL ASSETS | |||
Total Short-Term Assets | $338.3K | $377.2K | $380.0K |
Total Long-Term Assets | $26.37M | $16.70M | $16.70M |
Total Assets | $26.71M | $17.08M | $17.08M |
YoY Change | 56.36% | 149.55% | 149.71% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $255.4K | $52.92K | $50.00K |
YoY Change | 410.72% | -40.6% | -44.44% |
Accrued Expenses | $181.9K | ||
YoY Change | |||
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $1.327M | $0.00 | $0.00 |
YoY Change | -100.0% | -100.0% | |
Long-Term Debt Due | $1.500M | $90.00K | $90.00K |
YoY Change | 1566.67% | ||
Total Short-Term Liabilities | $3.264M | $142.9K | $140.0K |
YoY Change | 2231.54% | -95.38% | -95.48% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $0.00 | $1.460M | $1.460M |
YoY Change | -100.0% | ||
Other Long-Term Liabilities | |||
YoY Change | |||
Total Long-Term Liabilities | $0.00 | $1.460M | $1.460M |
YoY Change | -100.0% | ||
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $3.264M | $142.9K | $140.0K |
Total Long-Term Liabilities | $0.00 | $1.460M | $1.460M |
Total Liabilities | $3.264M | $1.599M | $1.600M |
YoY Change | 104.01% | -48.35% | -48.39% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$310.8K | ||
YoY Change | 196.98% | ||
Common Stock | $15.09M | ||
YoY Change | 36896.23% | ||
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | $23.44M | $15.48M | $15.48M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $26.71M | $17.08M | $17.08M |
YoY Change | 56.36% | 149.55% | 149.71% |
Cashflow Statement
Concept | 2015 | 2014 Q1 | 2014 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | -$146.7K | -$90.00K | -$206.1K |
YoY Change | -28.81% | -14.0% | 106.14% |
Depreciation, Depletion And Amortization | |||
YoY Change | |||
Cash From Operating Activities | -$1.999M | -$870.0K | -$10.47M |
YoY Change | -80.91% | -73.82% | 215.36% |
INVESTING ACTIVITIES | |||
Capital Expenditures | |||
YoY Change | |||
Acquisitions | |||
YoY Change | |||
Other Investing Activities | $400.0K | $0.00 | -$860.0K |
YoY Change | -146.51% | ||
Cash From Investing Activities | $400.0K | $0.00 | -$860.0K |
YoY Change | -146.51% | ||
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | $150.0K | $10.46M | |
YoY Change | -98.57% | 170.33% | |
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | 1.560M | 1.120M | 11.16M |
YoY Change | -86.02% | -71.05% | 188.37% |
NET CHANGE | |||
Cash From Operating Activities | -1.999M | -870.0K | -10.47M |
Cash From Investing Activities | 400.0K | 0.000 | -860.0K |
Cash From Financing Activities | 1.560M | 1.120M | 11.16M |
Net Change In Cash | -38.84K | 250.0K | -170.0K |
YoY Change | -77.15% | -54.16% | -130.91% |
FREE CASH FLOW | |||
Cash From Operating Activities | -$1.999M | -$870.0K | -$10.47M |
Capital Expenditures | |||
Free Cash Flow | |||
YoY Change |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
CY2015Q1 | us-gaap |
Long Term Notes Payable
LongTermNotesPayable
|
USD | |
CY2014Q1 | us-gaap |
Long Term Notes Payable
LongTermNotesPayable
|
1455904 | USD |
CY2014Q1 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
USD | |
CY2015Q1 | us-gaap |
Liabilities
Liabilities
|
3264154 | USD |
CY2014Q1 | us-gaap |
Liabilities
Liabilities
|
1598819 | USD |
CY2015Q1 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
USD | |
CY2014Q1 | sund |
Additional Paid In Capital Stock To Be Issued
AdditionalPaidInCapitalStockToBeIssued
|
700000 | USD |
CY2014Q1 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-310789 | USD |
CY2014Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
15481433 | USD |
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Common Stock Value
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|
43186 | USD |
CY2015Q1 | us-gaap |
Receivable From Shareholders Or Affiliates For Issuance Of Capital Stock
ReceivableFromShareholdersOrAffiliatesForIssuanceOfCapitalStock
|
USD | |
CY2014Q1 | us-gaap |
Receivable From Shareholders Or Affiliates For Issuance Of Capital Stock
ReceivableFromShareholdersOrAffiliatesForIssuanceOfCapitalStock
|
1500 | USD |
CY2014Q1 | us-gaap |
Additional Paid In Capital Common Stock
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|
15050705 | USD |
CY2015Q1 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
26706694 | USD |
CY2015Q1 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
10000000 | shares |
CY2015Q1 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.001 | |
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Preferred Stock Shares Issued
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|
0 | shares |
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Common Stock Shares Authorized
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|
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Common Stock Par Or Stated Value Per Share
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|
0.001 | |
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Common Stock Shares Issued
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|
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Common Stock Shares Issued
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|
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Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
43185941 | shares |
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Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.001 | |
CY2014Q1 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
0 | shares |
CY2015Q1 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
0 | shares |
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Preferred Stock Shares Issued
PreferredStockSharesIssued
|
0 | shares |
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Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.001 | |
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Interest Income Operating
InterestIncomeOperating
|
2454478 | USD |
CY2014 | us-gaap |
Interest Income Operating
InterestIncomeOperating
|
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General And Administrative Expense
GeneralAndAdministrativeExpense
|
2338265 | USD |
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General And Administrative Expense
GeneralAndAdministrativeExpense
|
2278009 | USD |
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Operating Income Loss
OperatingIncomeLoss
|
116213 | USD |
CY2014 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-1769598 | USD |
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Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
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Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
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Investment Income Interest
InvestmentIncomeInterest
|
17947 | USD |
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Investment Income Interest
InvestmentIncomeInterest
|
13788 | USD |
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Interest Expense
InterestExpense
|
287203 | USD |
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Interest Expense
InterestExpense
|
122452 | USD |
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Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
6303 | USD |
CY2014 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
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Nonoperating Income Expense
NonoperatingIncomeExpense
|
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Nonoperating Income Expense
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|
1563460 | USD |
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Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
-146740 | USD |
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|
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Income Tax Expense Benefit
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Net Income Loss
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|
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Net Income Loss
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|
-206138 | USD |
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Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.01 | |
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Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.01 | |
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Weighted Average Number Of Share Outstanding Basic And Diluted
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|
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Stock Option Plan Expense
StockOptionPlanExpense
|
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Stock Option Plan Expense
StockOptionPlanExpense
|
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Increase Decrease In Other Noncurrent Assets
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|
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Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
|
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Refund Of Advance For Investments In Net Insurance Benefits
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|
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Distribution Of Life Settlement Contract Investments
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|
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Refund Of Advance For Investments In Net Insurance Benefits
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|
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Increase Decrease In Accrued Interest Receivable Net
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|
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Increase Decrease In Accrued Interest Receivable Net
IncreaseDecreaseInAccruedInterestReceivableNet
|
13767 | USD |
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Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
|
-125 | USD |
CY2014 | us-gaap |
Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
|
2000 | USD |
CY2015 | us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
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CY2014 | us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
135420 | USD |
CY2015 | us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
52888 | USD |
CY2014 | us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
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CY2015 | us-gaap |
Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
2604478 | USD |
CY2014 | us-gaap |
Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
5944411 | USD |
CY2015 | us-gaap |
Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
-1998842 | USD |
CY2014 | us-gaap |
Net Cash Provided By Used In Operating Activities Continuing Operations
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|
-10471080 | USD |
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Payments To Acquire Notes Receivable
PaymentsToAcquireNotesReceivable
|
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Payments To Acquire Notes Receivable
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|
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Payments For Proceeds From Loans Receivable
PaymentsForProceedsFromLoansReceivable
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Payments For Proceeds From Loans Receivable
PaymentsForProceedsFromLoansReceivable
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Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
400000 | USD |
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Net Cash Provided By Used In Investing Activities Continuing Operations
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|
-861000 | USD |
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Proceeds From Repayments Of Related Party Debt
ProceedsFromRepaymentsOfRelatedPartyDebt
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1410000 | USD |
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Proceeds From Repayments Of Related Party Debt
ProceedsFromRepaymentsOfRelatedPartyDebt
|
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Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
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Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
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Proceeds From Other Equity
ProceedsFromOtherEquity
|
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Proceeds From Other Equity
ProceedsFromOtherEquity
|
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Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
1560000 | USD |
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Net Cash Provided By Used In Financing Activities Continuing Operations
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|
11161875 | USD |
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Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
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Cash And Cash Equivalents Period Increase Decrease
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|
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Cash And Cash Equivalents At Carrying Value
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|
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Interest Paid
InterestPaid
|
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Interest Paid
InterestPaid
|
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Notes Reduction
NotesReduction
|
100000 | USD |
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Notes Reduction
NotesReduction
|
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Fair Value Of Warrants Issued Stock Issuance Costs
FairValueOfWarrantsIssuedStockIssuanceCosts
|
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Fair Value Of Warrants Issued Stock Issuance Costs
FairValueOfWarrantsIssuedStockIssuanceCosts
|
139251 | USD |
CY2015 | us-gaap |
Stock Issued1
StockIssued1
|
7540000 | USD |
CY2014 | us-gaap |
Stock Issued1
StockIssued1
|
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Current Fiscal Year End Date
CurrentFiscalYearEndDate
|
--03-31 | |
CY2015 | dei |
Document Period End Date
DocumentPeriodEndDate
|
2015-03-31 | |
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Entity Well Known Seasoned Issuer
EntityWellKnownSeasonedIssuer
|
No | |
CY2015 | dei |
Entity Voluntary Filers
EntityVoluntaryFilers
|
No | |
CY2015 | dei |
Entity Current Reporting Status
EntityCurrentReportingStatus
|
Yes | |
CY2015 | dei |
Entity Registrant Name
EntityRegistrantName
|
Sundance Strategies, Inc. | |
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Entity Central Index Key
EntityCentralIndexKey
|
0001171838 | |
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Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
|
44222191 | shares |
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Document Fiscal Year Focus
DocumentFiscalYearFocus
|
2015 | |
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Document Fiscal Period Focus
DocumentFiscalPeriodFocus
|
FY | |
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Document Type
DocumentType
|
10-K | |
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Entity Filer Category
EntityFilerCategory
|
Accelerated Filer | |
CY2015 | dei |
Amendment Flag
AmendmentFlag
|
false | |
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Distribution Of Life Settlement Contract Investments
DistributionOfLifeSettlementContractInvestments
|
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Impairment Of Investments
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|
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Impairment Of Investments
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|
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Use Of Estimates
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|
<div id='EdgarSAA123457890000' style="font-family : 'Times New Roman';"> <p style="margin: 0pt; text-align: justify; text-indent: 36pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic;">Estimates,</font><font style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic;"> </font><font style="font-family: 'Times New Roman'; font-size: 10pt;">The preparation of financial statements in conformity with</font><font style="font-family: 'Times New Roman'; font-size: 10pt;"> </font><font style="font-family: 'Times New Roman'; font-size: 10pt;">accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosures of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period.  Actual results could differ from those estimates.</font></p> </div> | |
CY2015Q1 | us-gaap |
Life Settlement Contracts Investment Method Number Of Contracts Maturing In Next Twelve Months
LifeSettlementContractsInvestmentMethodNumberOfContractsMaturingInNextTwelveMonths
|
item | |
CY2015Q1 | us-gaap |
Life Settlement Contracts Investment Method Face Value Maturing In Next Twelve Months
LifeSettlementContractsInvestmentMethodFaceValueMaturingInNextTwelveMonths
|
USD | |
CY2015Q1 | us-gaap |
Life Settlement Contracts Investment Method Number Of Contracts Maturing In Year Two
LifeSettlementContractsInvestmentMethodNumberOfContractsMaturingInYearTwo
|
1 | item |
CY2015Q1 | us-gaap |
Life Settlement Contracts Investment Method Face Value Maturing In Year Two
LifeSettlementContractsInvestmentMethodFaceValueMaturingInYearTwo
|
10000000 | USD |
CY2015Q1 | us-gaap |
Life Settlement Contracts Investment Method Number Of Contracts Maturing After Year Five
LifeSettlementContractsInvestmentMethodNumberOfContractsMaturingAfterYearFive
|
49 | item |
CY2015Q1 | us-gaap |
Life Settlement Contracts Investment Method Number Of Contracts Maturing In Year Three
LifeSettlementContractsInvestmentMethodNumberOfContractsMaturingInYearThree
|
4 | item |
CY2015 | us-gaap |
Description Of New Accounting Pronouncements Not Yet Adopted
DescriptionOfNewAccountingPronouncementsNotYetAdopted
|
<div id='EdgarSAA123457890000' style="font-family : 'Times New Roman';"><p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"><strong>(3) NEW ACCOUNTING PRONOUNCEMENTS</strong></font></p> <p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> </font></p> <p style="margin: 0pt; text-align: justify; text-indent: 36pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;">In May 2014, the Financial Accounting Standards Board (“FASB”) issued Accounting Standard Update (“ASU”) 2014-09 – Revenue from Contracts with Customers, which provides a single, comprehensive revenue recognition model for all contracts with customers. The core principal of this ASU is that an entity should recognize revenue when it transfers promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. This ASU also requires additional disclosure about the nature, amount, timing and uncertainty of revenue and cash flows arising from customer contracts, including significant judgments and changes in judgments and assets recognized from costs incurred to obtain or fulfill a contract. This ASU is effective for annual periods, and interim periods within those annual periods, beginning after December 15, 2016. Early adoption is not permitted and companies can transition to the new standard under the full retrospective method or the modified retrospective method. The Company does not believe adoption of this ASU will have a material impact on its financial statements.</font></p> <p style="margin: 0pt; text-align: justify; text-indent: 36pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> </font></p> <p style="margin: 0pt; text-align: justify; text-indent: 36pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;">In August 2014, the FASB issued ASU 2014-15 Presentation of Financial Statements—Going Concern (Subtopic 205-40): Disclosure of Uncertainties about an Entity's Ability to Continue as a Going Concern. The new standard provides guidance around management's responsibility to evaluate whether there is substantial doubt about an entity's ability to continue as a going concern and to provide related footnote disclosures. The new standard is effective for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2016. Early adoption is permitted. The adoption of this standard is not expected to have a material impact on the Company's financial statements.</font></p> <p style="margin: 0pt; text-align: justify; text-indent: 36pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> </font></p> <p style="margin: 0pt; text-align: justify; text-indent: 36pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;">In April, 2015, the FASB issued ASU 2015-03,</font><font style="font-family: 'Times New Roman'; font-size: 10pt;"> </font><font style="font-family: 'Times New Roman'; font-size: 10pt;">Simplifying the Presentation of Debt Issuance Costs (Subtopic 835-30)</font><font style="font-family: 'Times New Roman'; font-size: 10pt;">.</font><font style="font-family: 'Times New Roman'; font-size: 10pt;"> </font><font style="font-family: 'Times New Roman'; font-size: 10pt;">This update requires debt issuance costs to be presented in the balance sheet as a direct deduction from the associated debt liability. Under current standards, debt issuance costs are generally recorded as an asset and amortization of these deferred financing costs is recorded in interest expense.</font><font style="font-family: 'Times New Roman'; font-size: 10pt;"> </font><font style="font-family: 'Times New Roman'; font-size: 10pt;">Under the new standard, debt issuance costs will continue to be amortized over the life of the debt instrument and amortization will continue to be recorded in interest expense.</font><font style="font-family: 'Times New Roman'; font-size: 10pt;"> </font><font style="font-family: 'Times New Roman'; font-size: 10pt;">ASU 2015-03 is effe</font><font style="font-family: 'Times New Roman'; font-size: 10pt;">ctive for the Company on January 1</font><font style="font-family: 'Times New Roman'; font-size: 10pt;">, 2016, and will be applied on a retrospective basis.</font><font style="font-family: 'Times New Roman'; font-size: 10pt;"> </font><font style="font-family: 'Times New Roman'; font-size: 10pt;">The Company is currently evaluating the impact this guidance will have on our consolidated financial statements</font><font style="font-family: 'Times New Roman'; font-size: 10pt;">.</font><font style="font-family: 'Times New Roman'; font-size: 10pt;"> </font></p> <p style="margin: 0pt; text-align: justify; text-indent: 36pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> </font></p> <p style="margin: 0pt; text-align: justify; text-indent: 36pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;">The Company has reviewed all other recently issued, but not yet adopted, accounting standards in order to determine their effects, if any, on its results of operations, financial position or cash flows. Based on that review, the Company believes that none of these pronouncements will have a significant effect on its financial statements.</font></p></div> | |
CY2015Q1 | us-gaap |
Cash Fdic Insured Amount
CashFDICInsuredAmount
|
250000 | USD |
CY2015Q1 | us-gaap |
Life Settlement Contracts Investment Method Face Value Maturing In Year Three
LifeSettlementContractsInvestmentMethodFaceValueMaturingInYearThree
|
16975000 | USD |
CY2015Q1 | us-gaap |
Life Settlement Contracts Investment Method Number Of Contracts Maturing In Year Four
LifeSettlementContractsInvestmentMethodNumberOfContractsMaturingInYearFour
|
4 | item |
CY2015Q1 | us-gaap |
Life Settlement Contracts Investment Method Face Value Maturing In Year Four
LifeSettlementContractsInvestmentMethodFaceValueMaturingInYearFour
|
25500000 | USD |
CY2015Q1 | us-gaap |
Life Settlement Contracts Investment Method Number Of Contracts Maturing In Year Five
LifeSettlementContractsInvestmentMethodNumberOfContractsMaturingInYearFive
|
3 | item |
CY2015Q1 | us-gaap |
Life Settlement Contracts Investment Method Face Value Maturing In Year Five
LifeSettlementContractsInvestmentMethodFaceValueMaturingInYearFive
|
14500000 | USD |
CY2015Q1 | us-gaap |
Life Settlement Contracts Investment Method Face Value Maturing After Year Five
LifeSettlementContractsInvestmentMethodFaceValueMaturingAfterYearFive
|
274221882 | USD |
CY2015Q1 | sund |
Life Settlement Contracts Investment Method Premiums Plus Expenses Plus Interest To Be Paid In Year Three
LifeSettlementContractsInvestmentMethodPremiumsPlusExpensesPlusInterestToBePaidInYearThree
|
19049536 | USD |
CY2015Q1 | us-gaap |
Life Settlement Contracts Investment Method Premiums To Be Paid In Year Four
LifeSettlementContractsInvestmentMethodPremiumsToBePaidInYearFour
|
12549610 | USD |
CY2015Q1 | sund |
Life Settlement Contracts Investment Method Expenses Plus Interest To Be Paid In Year Four
LifeSettlementContractsInvestmentMethodExpensesPlusInterestToBePaidInYearFour
|
7426329 | USD |
CY2015Q1 | us-gaap |
Life Settlement Contracts Investment Method Number Of Contracts
LifeSettlementContractsInvestmentMethodNumberOfContracts
|
61 | item |
CY2015Q1 | us-gaap |
Life Settlement Contracts Investment Method Face Value
LifeSettlementContractsInvestmentMethodFaceValue
|
341196882 | USD |
CY2013Q1 | us-gaap |
Life Settlement Contracts Investment Method Carrying Amount
LifeSettlementContractsInvestmentMethodCarryingAmount
|
6299000 | USD |
CY2015 | us-gaap |
Payments To Acquire Investments
PaymentsToAcquireInvestments
|
7846746 | USD |
CY2014 | us-gaap |
Payments To Acquire Investments
PaymentsToAcquireInvestments
|
5436000 | USD |
CY2015Q1 | us-gaap |
Life Settlement Contracts Investment Method Premiums To Be Paid In Next Twelve Months
LifeSettlementContractsInvestmentMethodPremiumsToBePaidInNextTwelveMonths
|
11737717 | USD |
CY2015Q1 | sund |
Life Settlement Contracts Investment Method Expenses Plus Interest In Next Twelve Months
LifeSettlementContractsInvestmentMethodExpensesPlusInterestInNextTwelveMonths
|
8882609 | USD |
CY2015Q1 | sund |
Life Settlement Contracts Investment Method Premiums Plus Expenses Plus Interest To Be Paid In Next Twelve Months
LifeSettlementContractsInvestmentMethodPremiumsPlusExpensesPlusInterestToBePaidInNextTwelveMonths
|
20620326 | USD |
CY2015Q1 | us-gaap |
Life Settlement Contracts Investment Method Premiums To Be Paid In Year Two
LifeSettlementContractsInvestmentMethodPremiumsToBePaidInYearTwo
|
11167772 | USD |
CY2015Q1 | sund |
Life Settlement Contracts Investment Method Expenses Plus Interest To Be Paid In Year Two
LifeSettlementContractsInvestmentMethodExpensesPlusInterestToBePaidInYearTwo
|
7451554 | USD |
CY2015Q1 | sund |
Life Settlement Contracts Investment Method Premiums Plus Expenses Plus Interest To Be Paid In Year Two
LifeSettlementContractsInvestmentMethodPremiumsPlusExpensesPlusInterestToBePaidInYearTwo
|
18619326 | USD |
CY2015Q1 | us-gaap |
Life Settlement Contracts Investment Method Premiums To Be Paid In Year Three
LifeSettlementContractsInvestmentMethodPremiumsToBePaidInYearThree
|
10994514 | USD |
CY2015Q1 | sund |
Life Settlement Contracts Investment Method Expenses Plus Interest To Be Paid In Year Three
LifeSettlementContractsInvestmentMethodExpensesPlusInterestToBePaidInYearThree
|
8055022 | USD |
CY2015Q1 | sund |
Life Settlement Contracts Investment Method Premiums Plus Expenses Plus Interest To Be Paid In Year Four
LifeSettlementContractsInvestmentMethodPremiumsPlusExpensesPlusInterestToBePaidInYearFour
|
19975939 | USD |
CY2015Q1 | us-gaap |
Life Settlement Contracts Investment Method Premiums To Be Paid In Year Five
LifeSettlementContractsInvestmentMethodPremiumsToBePaidInYearFive
|
11777714 | USD |
CY2015Q1 | sund |
Life Settlement Contracts Investment Method Expenses Plus Interest To Be Paid In Year Five
LifeSettlementContractsInvestmentMethodExpensesPlusInterestToBePaidInYearFive
|
6135891 | USD |
CY2015Q1 | sund |
Life Settlement Contracts Investment Method Premiums Plus Expenses Plus Interest To Be Paid In Year Five
LifeSettlementContractsInvestmentMethodPremiumsPlusExpensesPlusInterestToBePaidInYearFive
|
17913605 | USD |
CY2015Q1 | us-gaap |
Life Settlement Contracts Investment Method Five Year Disclosure Premiums To Be Paid
LifeSettlementContractsInvestmentMethodFiveYearDisclosurePremiumsToBePaid
|
104241637 | USD |
CY2015Q1 | sund |
Life Settlement Contracts Investment Method Expenses Plus Interest To Be Paid Total
LifeSettlementContractsInvestmentMethodExpensesPlusInterestToBePaidTotal
|
68714231 | USD |
CY2015Q1 | sund |
Life Settlement Contracts Investment Method Premiums Plus Expenses Plus Interest To Be Paid
LifeSettlementContractsInvestmentMethodPremiumsPlusExpensesPlusInterestToBePaid
|
172955868 | USD |
CY2015 | sund |
Life Settlement Contracts Matured During Period
LifeSettlementContractsMaturedDuringPeriod
|
8000000 | USD |
CY2015 | sund |
Life Settlement Contracts Investment Method Premiums Paid And Other Expenses
LifeSettlementContractsInvestmentMethodPremiumsPaidAndOtherExpenses
|
71855560 | USD |
CY2015Q1 | sund |
Face Value Of Net Insurance Benefits Purchased Under Asset Transfer Agreement
FaceValueOfNetInsuranceBenefitsPurchasedUnderAssetTransferAgreement
|
400000000 | USD |
CY2015 | sund |
Value Of Qualified Net Insurance Benefits
ValueOfQualifiedNetInsuranceBenefits
|
90600000 | USD |
CY2015 | us-gaap |
Restructuring And Related Cost Incurred Cost
RestructuringAndRelatedCostIncurredCost
|
4000000 | USD |
CY2015Q1 | sund |
Total Cash Consideration That Would Be Paid By Company If All Net Insurance Benefits Are Provided Under Asset Transfer Agreement
TotalCashConsiderationThatWouldBePaidByCompanyIfAllNetInsuranceBenefitsAreProvidedUnderAssetTransferAgreement
|
8000000 | USD |
CY2015 | us-gaap |
Payments To Acquire Businesses Gross
PaymentsToAcquireBusinessesGross
|
24000000 | USD |
CY2015Q1 | sund |
Total Notes Payable That Would Be Issued By Company If All Net Insurance Benefits Are Provided Under Asset Transfer Agreement
TotalNotesPayableThatWouldBeIssuedByCompanyIfAllNetInsuranceBenefitsAreProvidedUnderAssetTransferAgreement
|
12000000 | USD |
CY2015 | us-gaap |
Debt Instrument Term
DebtInstrumentTerm
|
P2Y | |
CY2015Q1 | sund |
Value Of Net Insurance Benefits Required To Be Delivered Per Asset Transfer Agreement
ValueOfNetInsuranceBenefitsRequiredToBeDeliveredPerAssetTransferAgreement
|
300000000 | USD |
CY2015 | sund |
Advance To Consultant For Services
AdvanceToConsultantForServices
|
25000 | USD |
CY2013Q2 | sund |
Maximum Number Of Common Shares Offered Through Private Placement
MaximumNumberOfCommonSharesOfferedThroughPrivatePlacement
|
3000000 | shares |
CY2013Q2 | us-gaap |
Share Price
SharePrice
|
5.00 | |
CY2014 | us-gaap |
Proceeds From Issuance Of Private Placement
ProceedsFromIssuanceOfPrivatePlacement
|
11792500 | USD |
CY2014 | us-gaap |
Stock Issued During Period Shares Period Increase Decrease
StockIssuedDuringPeriodSharesPeriodIncreaseDecrease
|
2358500 | shares |
CY2014 | us-gaap |
Stock Issued During Period Shares New Issues
StockIssuedDuringPeriodSharesNewIssues
|
2218500 | shares |
CY2014Q1 | us-gaap |
Common Stock Shares Subscribed But Unissued
CommonStockSharesSubscribedButUnissued
|
140000 | shares |
CY2014Q1 | us-gaap |
Common Stock Shares Subscriptions
CommonStockSharesSubscriptions
|
700000 | USD |
CY2014 | us-gaap |
Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
|
841651 | USD |
CY2014 | sund |
Warrant Term
WarrantTerm
|
P2Y | |
CY2014Q1 | us-gaap |
Class Of Warrant Or Right Number Of Securities Called By Warrants Or Rights
ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights
|
70000 | shares |
CY2014Q1 | us-gaap |
Class Of Warrant Or Right Exercise Price Of Warrants Or Rights1
ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1
|
5.00 | |
CY2014Q4 | us-gaap |
Notes And Loans Receivable Gross Current
NotesAndLoansReceivableGrossCurrent
|
150000 | USD |
CY2014Q2 | us-gaap |
Loss Contingency Damages Sought Value
LossContingencyDamagesSoughtValue
|
74255 | USD |
CY2015 | us-gaap |
Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
|
91529 | USD |
CY2015 | us-gaap |
Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
|
USD | |
CY2014 | us-gaap |
Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
|
USD | |
CY2015 | us-gaap |
Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
|
USD | |
CY2014 | us-gaap |
Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
|
USD | |
CY2015 | us-gaap |
Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
|
676558 | USD |
CY2014 | us-gaap |
Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
|
485850 | USD |
CY2015 | us-gaap |
Deferred Other Tax Expense Benefit
DeferredOtherTaxExpenseBenefit
|
-742224 | USD |
CY2014 | us-gaap |
Deferred Other Tax Expense Benefit
DeferredOtherTaxExpenseBenefit
|
-533006 | USD |
CY2015 | us-gaap |
Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
|
65666 | USD |
CY2014 | us-gaap |
Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
|
-47156 | USD |
CY2015Q1 | us-gaap |
Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
|
USD | |
CY2014Q1 | us-gaap |
Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
|
USD | |
CY2015 | us-gaap |
Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
|
USD | |
CY2015Q1 | us-gaap |
Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
|
1574512 | USD |
CY2014Q1 | us-gaap |
Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
|
760250 | USD |
CY2015Q1 | us-gaap |
Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
|
512465 | USD |
CY2014Q1 | us-gaap |
Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
|
356608 | USD |
CY2015Q1 | us-gaap |
Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
|
358117 | USD |
CY2014Q1 | us-gaap |
Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
|
303518 | USD |
CY2015Q1 | us-gaap |
Deferred Tax Assets Net
DeferredTaxAssetsNet
|
1728860 | USD |
CY2014Q1 | us-gaap |
Deferred Tax Assets Net
DeferredTaxAssetsNet
|
813340 | USD |
CY2015Q1 | us-gaap |
Deferred Tax Liabilities Investments
DeferredTaxLiabilitiesInvestments
|
1728860 | USD |
CY2014Q1 | us-gaap |
Deferred Tax Liabilities Investments
DeferredTaxLiabilitiesInvestments
|
813340 | USD |
CY2015 | us-gaap |
Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
|
-49892 | USD |
CY2014 | us-gaap |
Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
|
-70087 | USD |
CY2015 | us-gaap |
Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
|
-4842 | USD |
CY2014 | us-gaap |
Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
|
-6803 | USD |
CY2015 | us-gaap |
Income Tax Reconciliation Nondeductible Expense
IncomeTaxReconciliationNondeductibleExpense
|
135 | USD |
CY2014 | us-gaap |
Income Tax Reconciliation Nondeductible Expense
IncomeTaxReconciliationNondeductibleExpense
|
2395 | USD |
CY2014 | us-gaap |
Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
|
-188209 | USD |
CY2015 | us-gaap |
Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
|
54599 | USD |
CY2014 | us-gaap |
Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
|
262704 | USD |
CY2015Q1 | us-gaap |
Operating Loss Carryforwards
OperatingLossCarryforwards
|
4221212 | USD |
CY2014Q1 | us-gaap |
Operating Loss Carryforwards
OperatingLossCarryforwards
|
2038201 | USD |
CY2015 | us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.34 | pure |
CY2015 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
417846 | USD |
CY2015Q1 | us-gaap |
Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Stock Options
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedStockOptions
|
691084 | USD |
CY2015 | us-gaap |
Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
|
P3Y1M2D | |
CY2013Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
shares | |
CY2013Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
||
CY2013Q1 | sund |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageGrantDateFairValue
|
||
CY2015Q1 | us-gaap |
Class Of Warrant Or Right Exercise Price Of Warrants Or Rights1
ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1
|
5.00 | |
CY2013Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
|
USD | |
CY2014 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
|
2185000 | shares |
CY2014 | us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
|
1.54 | |
CY2014 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
|
1.85 | |
CY2014 | sund |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Granted Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsGrantedWeightedAverageRemainingContractualTerm2
|
P4Y6M | |
CY2014 | sund |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodIntrinsicValue
|
3374450 | USD |
CY2014 | us-gaap |
Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
|
shares | |
CY2014 | us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
|
||
CY2014 | sund |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercised Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisedWeightedAverageGrantDateFairValue
|
||
CY2014 | sund |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercised Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisedWeightedAverageRemainingContractualTerm2
|
||
CY2014 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
|
USD | |
CY2014 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod
|
shares | |
CY2014 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice
|
||
CY2014 | sund |
Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresWeightedAverageGrantDateFairValue
|
||
CY2014 | sund |
Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodIntrinsicValue
|
USD | |
CY2014Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
2185000 | shares |
CY2014Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
1.54 | |
CY2014Q1 | sund |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageGrantDateFairValue
|
1.85 | |
CY2014 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
|
P4Y6M | |
CY2014Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
|
3374450 | USD |
CY2014Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableNumber
|
1072500 | shares |
CY2014Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableWeightedAverageExercisePrice
|
1.54 | |
CY2014 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested Weighted Average Grant Date Fair Value
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedWeightedAverageGrantDateFairValue
|
1.85 | |
CY2014 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestExercisableWeightedAverageRemainingContractualTerm1
|
P4Y6M | |
CY2014Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableAggregateIntrinsicValue
|
1656338 | USD |
CY2015 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
|
shares | |
CY2015 | us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
|
||
CY2015 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
|
||
CY2015 | sund |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Granted Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsGrantedWeightedAverageRemainingContractualTerm2
|
||
CY2015 | sund |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodIntrinsicValue
|
USD | |
CY2015 | us-gaap |
Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
|
shares | |
CY2015 | us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
|
||
CY2015 | sund |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercised Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisedWeightedAverageGrantDateFairValue
|
||
CY2015 | sund |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercised Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisedWeightedAverageRemainingContractualTerm2
|
||
CY2015 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
|
USD | |
CY2015 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod
|
shares | |
CY2015 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice
|
||
CY2015 | sund |
Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresWeightedAverageGrantDateFairValue
|
||
CY2015 | sund |
Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodIntrinsicValue
|
USD | |
CY2015Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
2185000 | shares |
CY2015Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
1.54 | |
CY2015Q1 | sund |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageGrantDateFairValue
|
1.85 | |
CY2015 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
|
P3Y6M | |
CY2015Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
|
3374450 | USD |
CY2015Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableNumber
|
1506875 | shares |
CY2015Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableWeightedAverageExercisePrice
|
1.54 | |
CY2015 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested Weighted Average Grant Date Fair Value
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedWeightedAverageGrantDateFairValue
|
1.85 | |
CY2015 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestExercisableWeightedAverageRemainingContractualTerm1
|
P3Y6M | |
CY2015Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableAggregateIntrinsicValue
|
2327174 | USD |
CY2015Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingNumber
|
2185000 | shares |
CY2015Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageExercisePrice
|
1.54 | |
CY2015Q1 | sund |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Grant Date Fair Value
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageGrantDateFairValue
|
1.85 | |
CY2015 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageRemainingContractualTerm1
|
P3Y6M | |
CY2015Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingAggregateIntrinsicValue
|
3374450 | USD |
CY2013Q2 | us-gaap |
Class Of Warrant Or Right Number Of Securities Called By Warrants Or Rights
ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights
|
70000 | shares |
CY2015Q1 | us-gaap |
Class Of Warrant Or Right Number Of Securities Called By Warrants Or Rights
ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights
|
70000 | shares |
CY2015Q1 | us-gaap |
Share Price
SharePrice
|
5.00 | |
CY2013Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsOutstandingNumber
|
shares | |
CY2013Q1 | sund |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedOutstandingWeightedAverageExercisePrice
|
||
CY2013Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
|
||
CY2013Q1 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Equity Instruments Other Than Options Aggregate Intrinsic Value Outstanding
SharebasedCompensationArrangementBySharebasedPaymentAwardEquityInstrumentsOtherThanOptionsAggregateIntrinsicValueOutstanding
|
USD | |
CY2014 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
|
70000 | shares |
CY2014 | sund |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period Intrinsic Value Extended
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodIntrinsicValueExtended
|
USD | |
CY2014 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeited In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod
|
shares | |
CY2014 | sund |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Exercise Price Forfeitures
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageExercisePriceForfeitures
|
||
CY2014 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeitures Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue
|
||
CY2014 | sund |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeitures Weighted Average Remaining Contractual Terms
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageRemainingContractualTerms
|
||
CY2014 | sund |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Cancelled Or Expired In Period Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsCancelledOrExpiredInPeriodIntrinsicValue
|
USD | |
CY2014Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsOutstandingNumber
|
70000 | shares |
CY2014Q1 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Equity Instruments Other Than Options Aggregate Intrinsic Value Outstanding
SharebasedCompensationArrangementBySharebasedPaymentAwardEquityInstrumentsOtherThanOptionsAggregateIntrinsicValueOutstanding
|
USD | |
CY2014 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod
|
70000 | shares |
CY2014 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Equity Instruments Other Than Options Aggregate Intrinsic Value Vested
SharebasedCompensationArrangementBySharebasedPaymentAwardEquityInstrumentsOtherThanOptionsAggregateIntrinsicValueVested
|
USD | |
CY2015 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
|
shares | |
CY2015 | sund |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Exercise Price Granted
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageExercisePriceGranted
|
||
CY2015 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
|
||
CY2015 | sund |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Granted Weighted Average Remaining Contractual Terms
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantedWeightedAverageRemainingContractualTerms
|
||
CY2015 | sund |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period Intrinsic Value Extended
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodIntrinsicValueExtended
|
USD | |
CY2015 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeited In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod
|
shares | |
CY2015 | sund |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Exercise Price Forfeitures
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageExercisePriceForfeitures
|
||
CY2015 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeitures Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue
|
||
CY2015 | sund |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeitures Weighted Average Remaining Contractual Terms
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageRemainingContractualTerms
|
||
CY2015 | sund |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Cancelled Or Expired In Period Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsCancelledOrExpiredInPeriodIntrinsicValue
|
USD | |
CY2015Q1 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Equity Instruments Other Than Options Aggregate Intrinsic Value Outstanding
SharebasedCompensationArrangementBySharebasedPaymentAwardEquityInstrumentsOtherThanOptionsAggregateIntrinsicValueOutstanding
|
USD | |
CY2015 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Equity Instruments Other Than Options Aggregate Intrinsic Value Vested
SharebasedCompensationArrangementBySharebasedPaymentAwardEquityInstrumentsOtherThanOptionsAggregateIntrinsicValueVested
|
USD | |
CY2014Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
|
1.92 | |
CY2014 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Outstanding Weighted Average Remaining Contractual Terms
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsOutstandingWeightedAverageRemainingContractualTerms
|
P1Y2M1D | |
CY2014 | sund |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested And Expected To Vest Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedAndExpectedToVestWeightedAverageExercisePrice
|
5.00 | |
CY2014 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue
|
1.92 | |
CY2014 | sund |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Exercisable Weighted Average Remaining Contractual Terms
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsExercisableWeightedAverageRemainingContractualTerms
|
P1Y2M1D | |
CY2014Q1 | sund |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedOutstandingWeightedAverageExercisePrice
|
5.00 | |
CY2015Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsOutstandingNumber
|
70000 | shares |
CY2015Q1 | sund |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedOutstandingWeightedAverageExercisePrice
|
5.00 | |
CY2015Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
|
1.92 | |
CY2015 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Outstanding Weighted Average Remaining Contractual Terms
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsOutstandingWeightedAverageRemainingContractualTerms
|
P2M1D | |
CY2014 | sund |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Exercise Price Granted
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageExercisePriceGranted
|
5.00 | |
CY2014 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
|
1.92 | |
CY2014 | sund |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Granted Weighted Average Remaining Contractual Terms
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantedWeightedAverageRemainingContractualTerms
|
P1Y2M1D | |
CY2015 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod
|
70000 | shares |
CY2015 | sund |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested And Expected To Vest Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedAndExpectedToVestWeightedAverageExercisePrice
|
5.00 | |
CY2015 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue
|
1.92 | |
CY2015 | sund |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Exercisable Weighted Average Remaining Contractual Terms
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsExercisableWeightedAverageRemainingContractualTerms
|
P2M1D | |
CY2013Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
3748895 | USD |
CY2014 | us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
11092499 | USD |
CY2014 | us-gaap |
Adjustments To Additional Paid In Capital Stock Issued Issuance Costs
AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts
|
841651 | USD |
CY2014 | us-gaap |
Adjustments To Additional Paid In Capital Other
AdjustmentsToAdditionalPaidInCapitalOther
|
700000 | USD |
CY2014 | sund |
Stockholders Equity Subscriptions Reveivable Increase
StockholdersEquitySubscriptionsReveivableIncrease
|
31775 | USD |
CY2014 | us-gaap |
Adjustments To Additional Paid In Capital Share Based Compensation Stock Options Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition
|
816802 | USD |
CY2014 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Other Longterm Incentive Plans Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationOtherLongtermIncentivePlansRequisiteServicePeriodRecognition
|
139251 | USD |
CY2015 | us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
150000 | USD |
CY2015 | us-gaap |
Adjustments To Additional Paid In Capital Share Based Compensation Stock Options Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition
|
417847 | USD |
CY2015 | sund |
Adjustments To Additional Paid In Capital Removal Of Expired Subscription
AdjustmentsToAdditionalPaidInCapitalRemovalOfExpiredSubscription
|
USD | |
CY2015 | sund |
Adjustments To Additional Paid In Capital Common Stock To Be Issued For Net Insurance Benefits
AdjustmentsToAdditionalPaidInCapitalCommonStockToBeIssuedForNetInsuranceBenefits
|
7540000 | USD |
CY2015 | sund |
Stock Issued During Period Value Issuance Of Stock To Be Issued
StockIssuedDuringPeriodValueIssuanceOfStockToBeIssued
|
USD | |
CY2014Q3 | dei |
Entity Public Float
EntityPublicFloat
|
89225317 | USD |
CY2015 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
1766374 | shares |
CY2015Q1 | sund |
Life Settlement Contracts Held As Collateral Investment Method Premiums To Be Paid In Next Twelve Months
LifeSettlementContractsHeldAsCollateralInvestmentMethodPremiumsToBePaidInNextTwelveMonths
|
2555383 | USD |
CY2015Q1 | sund |
Life Settlement Contracts Held As Collateral Investment Method Expenses Plus Interest In Next Twelve Months
LifeSettlementContractsHeldAsCollateralInvestmentMethodExpensesPlusInterestInNextTwelveMonths
|
1072007 | USD |
CY2015Q1 | sund |
Life Settlement Contracts Held As Collateral Investment Method Premiums Plus Expenses Plus Interest To Be Paid In Next Twelve Months
LifeSettlementContractsHeldAsCollateralInvestmentMethodPremiumsPlusExpensesPlusInterestToBePaidInNextTwelveMonths
|
3627390 | USD |
CY2015Q1 | sund |
Life Settlement Contracts Investment Method Number Of Contracts Held As Collateral Maturing In Next Twelve Months
LifeSettlementContractsInvestmentMethodNumberOfContractsHeldAsCollateralMaturingInNextTwelveMonths
|
item | |
CY2015Q1 | sund |
Life Settlement Contracts Investment Method Number Of Contracts Held As Collateral Maturing In Year Two
LifeSettlementContractsInvestmentMethodNumberOfContractsHeldAsCollateralMaturingInYearTwo
|
item | |
CY2015Q1 | sund |
Life Settlement Contracts Investment Method Number Of Contracts Held As Collateral Maturing In Year Three
LifeSettlementContractsInvestmentMethodNumberOfContractsHeldAsCollateralMaturingInYearThree
|
2 | item |
CY2015Q1 | sund |
Life Settlement Contracts Investment Method Number Of Contracts Held As Collateral Maturing In Year Four
LifeSettlementContractsInvestmentMethodNumberOfContractsHeldAsCollateralMaturingInYearFour
|
item | |
CY2015Q1 | sund |
Life Settlement Contracts Investment Method Number Of Contracts Held As Collateral Maturing In Year Five
LifeSettlementContractsInvestmentMethodNumberOfContractsHeldAsCollateralMaturingInYearFive
|
item | |
CY2015Q1 | sund |
Life Settlement Contracts Investment Method Number Of Contracts Held As Collateral Maturing After Year Five
LifeSettlementContractsInvestmentMethodNumberOfContractsHeldAsCollateralMaturingAfterYearFive
|
10 | item |
CY2015Q1 | sund |
Life Settlement Contracts Investment Method Number Of Contracts Held As Collateral
LifeSettlementContractsInvestmentMethodNumberOfContractsHeldAsCollateral
|
12 | item |
CY2015Q1 | sund |
Life Settlement Contracts Investment Method Face Value Held As Collateral Maturing In Next Twelve Months
LifeSettlementContractsInvestmentMethodFaceValueHeldAsCollateralMaturingInNextTwelveMonths
|
USD | |
CY2015Q1 | sund |
Life Settlement Contracts Investment Method Face Value Held As Collateral Maturing In Year Two
LifeSettlementContractsInvestmentMethodFaceValueHeldAsCollateralMaturingInYearTwo
|
USD | |
CY2015Q1 | sund |
Life Settlement Contracts Investment Method Face Value Held As Collateral Maturing In Year Three
LifeSettlementContractsInvestmentMethodFaceValueHeldAsCollateralMaturingInYearThree
|
15000000 | USD |
CY2015Q1 | sund |
Life Settlement Contracts Investment Method Face Value Held As Collateral Maturing In Year Four
LifeSettlementContractsInvestmentMethodFaceValueHeldAsCollateralMaturingInYearFour
|
USD | |
CY2015Q1 | sund |
Life Settlement Contracts Investment Method Face Value Held As Collateral Maturing In Year Five
LifeSettlementContractsInvestmentMethodFaceValueHeldAsCollateralMaturingInYearFive
|
USD | |
CY2015Q1 | sund |
Life Settlement Contracts Investment Method Face Value Held As Collateral Maturing After Year Five
LifeSettlementContractsInvestmentMethodFaceValueHeldAsCollateralMaturingAfterYearFive
|
79000000 | USD |
CY2015Q1 | sund |
Life Settlement Contracts Investment Method Face Value Held As Collateral
LifeSettlementContractsInvestmentMethodFaceValueHeldAsCollateral
|
94000000 | USD |
CY2015Q1 | sund |
Life Settlement Contracts Held As Collateral Investment Method Premiums To Be Paid In Year Two
LifeSettlementContractsHeldAsCollateralInvestmentMethodPremiumsToBePaidInYearTwo
|
2749390 | USD |
CY2015Q1 | sund |
Life Settlement Contracts Held As Collateral Investment Method Expenses Plus Interest To Be Paid In Year Two
LifeSettlementContractsHeldAsCollateralInvestmentMethodExpensesPlusInterestToBePaidInYearTwo
|
1452308 | USD |
CY2015Q1 | sund |
Life Settlement Contracts Held As Collateral Investment Method Premiums Plus Expenses Plus Interest To Be Paid In Year Two
LifeSettlementContractsHeldAsCollateralInvestmentMethodPremiumsPlusExpensesPlusInterestToBePaidInYearTwo
|
4201698 | USD |
CY2015Q1 | sund |
Life Settlement Contracts Held As Collateral Investment Method Premiums To Be Paid In Year Three
LifeSettlementContractsHeldAsCollateralInvestmentMethodPremiumsToBePaidInYearThree
|
2859707 | USD |
CY2015Q1 | sund |
Life Settlement Contracts Held As Collateral Investment Method Expenses Plus Interest To Be Paid In Year Three
LifeSettlementContractsHeldAsCollateralInvestmentMethodExpensesPlusInterestToBePaidInYearThree
|
1197036 | USD |
CY2015Q1 | sund |
Life Settlement Contracts Held As Collateral Investment Method Premiums Plus Expenses Plus Interest To Be Paid In Year Three
LifeSettlementContractsHeldAsCollateralInvestmentMethodPremiumsPlusExpensesPlusInterestToBePaidInYearThree
|
4056743 | USD |
CY2015Q1 | sund |
Life Settlement Contracts Held As Collateral Investment Method Premiums To Be Paid In Year Four
LifeSettlementContractsHeldAsCollateralInvestmentMethodPremiumsToBePaidInYearFour
|
2939673 | USD |
CY2015Q1 | sund |
Life Settlement Contracts Held As Collateral Investment Method Expenses Plus Interest To Be Paid In Year Four
LifeSettlementContractsHeldAsCollateralInvestmentMethodExpensesPlusInterestToBePaidInYearFour
|
1241008 | USD |
CY2015Q1 | sund |
Life Settlement Contracts Held As Collateral Investment Method Premiums Plus Expenses Plus Interest To Be Paid In Year Four
LifeSettlementContractsHeldAsCollateralInvestmentMethodPremiumsPlusExpensesPlusInterestToBePaidInYearFour
|
4180681 | USD |
CY2015Q1 | sund |
Life Settlement Contracts Held As Collateral Investment Method Premiums To Be Paid In Year Five
LifeSettlementContractsHeldAsCollateralInvestmentMethodPremiumsToBePaidInYearFive
|
2772138 | USD |
CY2015Q1 | sund |
Life Settlement Contracts Held As Collateral Investment Method Expenses Plus Interest To Be Paid In Year Five
LifeSettlementContractsHeldAsCollateralInvestmentMethodExpensesPlusInterestToBePaidInYearFive
|
1199873 | USD |
CY2015Q1 | sund |
Life Settlement Contracts Held As Collateral Investment Method Premiums Plus Expenses Plus Interest To Be Paid In Year Five
LifeSettlementContractsHeldAsCollateralInvestmentMethodPremiumsPlusExpensesPlusInterestToBePaidInYearFive
|
3972011 | USD |
CY2015Q1 | sund |
Life Settlement Contracts Held As Collateral Investment Method Five Year Disclosure Premiums To Be Paid
LifeSettlementContractsHeldAsCollateralInvestmentMethodFiveYearDisclosurePremiumsToBePaid
|
19331188 | USD |
CY2015Q1 | sund |
Life Settlement Contracts Held As Collateral Investment Method Expenses Plus Interest To Be Paid Total
LifeSettlementContractsHeldAsCollateralInvestmentMethodExpensesPlusInterestToBePaidTotal
|
14757547 | USD |
CY2015Q1 | sund |
Life Settlement Contracts Held As Collateral Investment Method Premiums Plus Expenses Plus Interest To Be Paid
LifeSettlementContractsHeldAsCollateralInvestmentMethodPremiumsPlusExpensesPlusInterestToBePaid
|
34088735 | USD |
CY2014Q4 | sund |
Refund Of Advance For Investments In Net Insurance Benefits
RefundOfAdvanceForInvestmentsInNetInsuranceBenefits
|
904274 | USD |
CY2015Q1 | us-gaap |
Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
|
187500 | shares |
CY2015Q1 | us-gaap |
Temporary Equity Redemption Price Per Share
TemporaryEquityRedemptionPricePerShare
|
8 | |
CY2015Q1 | us-gaap |
Life Settlement Contracts Investment Method Premiums To Be Paid After Year Five
LifeSettlementContractsInvestmentMethodPremiumsToBePaidAfterYearFive
|
46014310 | USD |
CY2015Q1 | sund |
Life Settlement Contracts Investment Method Expenses Plus Interest To Be Paid After Year Five
LifeSettlementContractsInvestmentMethodExpensesPlusInterestToBePaidAfterYearFive
|
30762826 | USD |
CY2014Q4 | us-gaap |
Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
|
1110000 | USD |
CY2014Q4 | us-gaap |
Notes Payable Related Parties Classified Current
NotesPayableRelatedPartiesClassifiedCurrent
|
1362000 | USD |
CY2015Q1 | us-gaap |
Proceeds From Related Party Debt
ProceedsFromRelatedPartyDebt
|
138000 | USD |
CY2015 | us-gaap |
Related Party Transaction Rate
RelatedPartyTransactionRate
|
0.075 | pure |
CY2015 | us-gaap |
Loan Processing Fee
LoanProcessingFee
|
180000 | USD |
CY2015Q1 | us-gaap |
Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
|
37350 | USD |
CY2015 | us-gaap |
Debt Instrument Maturity Date
DebtInstrumentMaturityDate
|
2015-04-01 | |
CY2015 | us-gaap |
Debt Instrument Convertible Number Of Equity Instruments
DebtInstrumentConvertibleNumberOfEquityInstruments
|
187500 | item |
CY2014Q3 | us-gaap |
Stock Issued During Period Shares New Issues
StockIssuedDuringPeriodSharesNewIssues
|
30000 | shares |
CY2014Q3 | us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
150000 | USD |
CY2015Q1 | us-gaap |
Stock Issued During Period Shares New Issues
StockIssuedDuringPeriodSharesNewIssues
|
1130000 | shares |
CY2015Q1 | us-gaap |
Notes Payable
NotesPayable
|
1493254 | USD |
CY2015Q1 | us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
9040000 | USD |
CY2015Q1 | sund |
Life Settlement Contracts Investment Method Premiums Plus Expenses Plus Interest To Be Paid After Year Five
LifeSettlementContractsInvestmentMethodPremiumsPlusExpensesPlusInterestToBePaidAfterYearFive
|
76777136 | USD |
CY2015Q1 | us-gaap |
Payments To Acquire Investments
PaymentsToAcquireInvestments
|
7546746 | USD |
CY2014Q1 | us-gaap |
Life Settlement Contracts Investment Method Face Value
LifeSettlementContractsInvestmentMethodFaceValue
|
349196882 | USD |
CY2015Q1 | sund |
Life Settlement Contracts Held As Collateral Investment Method Premiums To Be Paid After Year Five
LifeSettlementContractsHeldAsCollateralInvestmentMethodPremiumsToBePaidAfterYearFive
|
5454897 | USD |
CY2015Q1 | sund |
Life Settlement Contracts Held As Collateral Investment Method Expenses Plus Interest To Be Paid After Year Five
LifeSettlementContractsHeldAsCollateralInvestmentMethodExpensesPlusInterestToBePaidAfterYearFive
|
8595315 | USD |
CY2015Q1 | sund |
Life Settlement Contracts Held As Collateral Investment Method Premiums Plus Expenses Plus Interest To Be Paid After Year Five
LifeSettlementContractsHeldAsCollateralInvestmentMethodPremiumsPlusExpensesPlusInterestToBePaidAfterYearFive
|
14050212 | USD |
CY2015Q1 | sund |
Total Consideration That Would Be Paid By Company If All Net Insurance Benefits Are Provided Under Asset Transfer Agreement
TotalConsiderationThatWouldBePaidByCompanyIfAllNetInsuranceBenefitsAreProvidedUnderAssetTransferAgreement
|
20000000 | USD |
CY2015Q1 | us-gaap |
Debt Instrument Interest Rate Stated Percentage
DebtInstrumentInterestRateStatedPercentage
|
0.040 | pure |
CY2015Q1 | us-gaap |
Other Notes Payable
OtherNotesPayable
|
12000000 | USD |
CY2015 | us-gaap |
Operating Loss Carryforwards Expiration Date
OperatingLossCarryforwardsExpirationDate
|
2021-12-31 | |
CY2015Q1 | us-gaap |
Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
|
USD | |
CY2014Q1 | us-gaap |
Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
|
USD | |
us-gaap |
Unrecognized Tax Benefits Income Tax Penalties And Interest Expense
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestExpense
|
USD | ||
CY2015 | sund |
Liquidity And Capital Requirements Disclosure Textblock
LiquidityAndCapitalRequirementsDisclosureTextblock
|
<div id='EdgarSAA123457890000' style="font-family : 'Times New Roman';"> <p style="margin: 0in 0in 0pt; text-align: justify; font-family: 'Times New Roman', serif; font-size: 12pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><b>(15)<font style="mso-spacerun: yes;">  </font>LIQUIDITY AND CAPITAL REQUIREMENTS</b></font></p> <p style="margin: 0in 0in 0pt; text-align: justify; font-family: 'Times New Roman', serif; font-size: 12pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><b> </b></font></p> <p style="margin: 0in 0in 0pt; text-align: justify; text-indent: 0.5in; font-family: 'Times New Roman', serif; font-size: 12pt;"><font style="font-size: 10pt; font-family: 'times new roman', times;">Under the current business plan, the Company purchases life insurance policies and residual interests in or financial products tied to life insurance policies when they fit its model and its cash flows are sufficient to fund those purchases (with exception of the Del Mar ATA wherein the Company committed to purchase a certain number of Qualified NIBs as Del Mar made them available (see Note 16 below for a description of events subsequent to year end relating to the Del Mar ATA). <font style="mso-spacerun: yes;"> </font>The Company expects to finance NIB purchases, as well as its operating working capital requirements, with proceeds from planned public and/or private offerings of its securities and debt financing. There can be no assurance that the Company will be successful in the anticipated equity and debt offerings or that it will be successful in raising additional capital in the future on terms acceptable to the Company, or at all.</font></p> <p style="margin: 0in 0in 0pt; text-align: justify; font-family: 'Times New Roman', serif; font-size: 12pt;"><font style="font-size: 10pt; font-family: 'times new roman', times;"> </font></p> <p style="margin: 0in 0in 0pt; text-align: justify; text-indent: 0.5in; font-family: 'Times New Roman', serif; font-size: 12pt;"><font style="font-size: 10pt; font-family: 'times new roman', times;">If the Company is unable to raise sufficient capital through the planned securities and debt offerings or other alternative sources of financing, management will curtail NIB purchases. Under this plan, expenditures for NIBs will be curtailed. The Company believes that it will be able to fund its operating working capital requirements with existing line-of-credit and debentures agreements.</font></p> <p style="margin: 0in 0in 0pt; text-align: justify; font-family: 'Times New Roman', serif; font-size: 12pt;"><font style="font-size: 10pt; font-family: 'times new roman', times;"> </font></p> <p style="margin: 0in 0in 0pt; text-align: justify; text-indent: 0.5in; font-family: 'Times New Roman', serif; font-size: 12pt;"><font style="font-size: 10pt;">The accompanying financial statements have been prepared on a going concern basis under which the Company is expected to be able to realize its assets and satisfy its liabilities in the normal course of business. To continue as a going concern beyond the year ended March 31, 2016, and in order to continue to purchase NIBs, the Company will need to complete planned securities and debt offerings or obtain alternative sources of financing. Absent additional financing, the Company will not have the resources to execute its current business plan.</font></p> </div> |