Quarterly report pursuant to sections 13 or 15(d)
Cover
Document and Entity Information
Financial Statements
Balance Sheets
Balance Sheets (Parenthetical)
Statements of Operations (Unaudited)
Statements of Cash Flows (Unaudited)
Notes to Financial Statements
NOTE 1 - NATURE OF OERATIONS, BASIS OF PRESENTATION AND SUMMARY OF SIGNIFCANT ACCTG POLICIES
NOTE 2 - GOING CONCERN
NOTE 3 - CASH AND CASH EQUIVALENTS
NOTE 4 - COMPUTER SOFTWARE DEVELOPMENT FOR INTERNAL USE
NOTE 5 - PROPERTY AND EQUIPMENT
NOTE 6 - NOTE PAYABLE
NOTE 7 - NOTES PAYABLE - FACTORING
NOTE 8 - NOTE PAYABLE - LINE OF CREDIT
NOTE 9 - NOTES PAYABLE - INSURANCE
NOTE 10 - NOTE PAYABLE - SHAREHOLDERS
NOTE 11 - NOTES PAYABLE - RELATED PARTY
NOTE 12 - NOTES PAYABLE - CONVERTIBLE
NOTE 13 - INCOME TAXES
NOTE 14 - NET (LOSS) PER SHARE
NOTE 15 - SUPPLEMENTAL CASH FLOW INFORMATION
NOTE 16 - OPERATING LEASE
NOTE 17 - COMMON STOCK
NOTE 18 - SHARE BASED PAYMENTS FOR SERVICES
NOTE 19 - SUBSEQUENT EVENTS
Accounting Policies
NOTE 1 - NATURE OF OERATIONS, BASIS OF PRESENTATION AND SUMMARY OF SIGNIFCANT ACCTG POLICIES (Policies)
Notes Tables
NOTE 3 - CASH AND CASH EQUIVALENTS (Tables)
NOTE 4 - COMPUTER SOFTWARE DEVELOPMENT FOR INTERNAL USE (Tables)
NOTE 5 - PROPERTY AND EQUIPMENT (Tables)
NOTE 15 - SUPPLEMENTAL CASH FLOW INFORMATION (Tables)
NOTE 18 - SHARE BASED PAYMENTS FOR SERVICES (Tables)
Notes Details
NOTE 19 - SUBSEQUENT EVENTS (Details Narrative)
NOTE 2 - GOING CONCERN (Details Narrative)
NOTE 5 - PROPERTY AND EQUIPMENT (Details Narrative)
NOTE 6 - NOTE PAYABLE (Details Narrative)
NOTE 7 - NOTES PAYABLE - FACTORING (Details Narrative)
NOTE 18 - SHARE BASED PAYMENTS FOR SERVICES (Tables)
v2.3.0.11
NOTE 18 - SHARE BASED PAYMENTS FOR SERVICES (Tables)
3 Months Ended
Jun. 30, 2012
Notes to Financial Statements
Share Based Payments for Services
For the Six Months Ended June 30, 2012
For the Six Months Ended June 30, 2011
Shares
Weighted Average Exercise Price
Shares
Weighted Average Exercise Price
Outstanding at beginning of period
1,487,500
$ 0.10
15,000,000
$ 3.00
Granted
687,500
0.1
Exercised
Forfeited
Expired
Outstanding at end of period
2,175,000
15,000,000
$ 3.00
Exercisable at end of period
2,175,000
$ 0.10
15,000,000
$ 3.00
Outstanding
Weighted average remaining contractual term
0.1
0.09
Aggregated intrinsic value
Weighted average grant date fair value
N/A
N/A
Exercisable
Weighted average remaining contractual term
0.1
1.09
Aggregated intrinsic value
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