Subsequent Events (Details Narrative) (USD $)
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0 Months Ended |
1 Months Ended |
12 Months Ended |
0 Months Ended |
1 Months Ended |
0 Months Ended |
1 Months Ended |
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Mar. 19, 2014
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Apr. 30, 2014
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Mar. 31, 2014
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Dec. 31, 2014
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Mar. 13, 2015
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Mar. 16, 2015
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Jan. 31, 2015
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Mar. 15, 2015
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Feb. 28, 2015
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Nov. 30, 2014
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Oct. 31, 2014
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Sep. 30, 2014
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Jun. 30, 2014
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Dec. 31, 2013
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Mar. 31, 2015
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Notes team |
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10 years
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5 years
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Proceeds from issuance of convertible debt |
$ 500,000us-gaap_ProceedsFromConvertibleDebt
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$ 2,200,000us-gaap_ProceedsFromConvertibleDebt
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Class of warrant or right, warrant exercise price |
$ 5.25us-gaap_ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1
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$ 3.50us-gaap_ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1
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$ 3.50us-gaap_ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1
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$ 5.50us-gaap_ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1
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$ 3.50us-gaap_ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1
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$ 3.50us-gaap_ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1
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Common stock, par value |
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$ 0.0001us-gaap_CommonStockParOrStatedValuePerShare
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$ 0.0001us-gaap_CommonStockParOrStatedValuePerShare
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Minimum [Member] |
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Class of warrant or right, warrant exercise price |
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$ 2.00us-gaap_ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1 / us-gaap_RangeAxis = us-gaap_MinimumMember
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Maximum [Member] |
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Class of warrant or right, warrant exercise price |
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$ 7.00us-gaap_ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1 / us-gaap_RangeAxis = us-gaap_MaximumMember
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Subsequent Event [Member] |
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Accrued interest |
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250,000us-gaap_InterestPayableCurrentAndNoncurrent / us-gaap_SubsequentEventTypeAxis = us-gaap_SubsequentEventMember
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Convert accrued interest to common stock |
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168,713us-gaap_DebtConversionConvertedInstrumentSharesIssued1 / us-gaap_SubsequentEventTypeAxis = us-gaap_SubsequentEventMember
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Number of units sold to private offering |
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$ 20hotr_NumberOfUnitsSoldToPrivateOffering / us-gaap_SubsequentEventTypeAxis = us-gaap_SubsequentEventMember
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Proceeds from convertible debt and warrants |
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1,000,000hotr_ProceedsFromConvertibleDebtAndWarrants / us-gaap_SubsequentEventTypeAxis = us-gaap_SubsequentEventMember
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Debt conversion percentage |
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8.00%us-gaap_DebtConversionConvertedInstrumentRate / us-gaap_SubsequentEventTypeAxis = us-gaap_SubsequentEventMember
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Convertible promissory note face value |
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1,000,000us-gaap_DebtInstrumentFaceAmount / us-gaap_SubsequentEventTypeAxis = us-gaap_SubsequentEventMember
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50,000us-gaap_DebtInstrumentFaceAmount / us-gaap_SubsequentEventTypeAxis = us-gaap_SubsequentEventMember
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Warrant to purchase of common stock |
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320,000hotr_WarrantToPurchaseOfCommonStock / us-gaap_SubsequentEventTypeAxis = us-gaap_SubsequentEventMember
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12,500hotr_WarrantToPurchaseOfCommonStock / us-gaap_SubsequentEventTypeAxis = us-gaap_SubsequentEventMember
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Percentage of perpetuity of monthly net income |
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50.00%hotr_PercentageOfPerpetuityOfMonthlyNetIncome / us-gaap_SubsequentEventTypeAxis = us-gaap_SubsequentEventMember
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Percentage of sales proceeds |
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60.00%hotr_PercentageOfSalesProceeds / us-gaap_SubsequentEventTypeAxis = us-gaap_SubsequentEventMember
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Notes team |
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3 years
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Debt conversion description |
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The note may be voluntarily
converted by the holder into shares of common stock during the period commencing 180 days after the issuance of the notes at an
exercise price equal to the lesser of $2.00 per share and a 15% discount to the average of the lowest 3 trading prices for the
Companys common stock during the 10 trading day period ending on the last complete trading day prior to the conversion
date of the note, provided however that the conversion price shall not be less than $1.00 per share. The Warrants have an exercise
price of $2.50 per share and a term of five years. In conjunction with the sale of the units, the Company also entered into a
registration rights agreement pursuant to which the Company agreed to register the shares of common stock underlying the notes
and warrants.
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Warrant term |
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5 years
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Class of warrant or right, warrant exercise price |
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$ 2.50us-gaap_ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1 / us-gaap_SubsequentEventTypeAxis = us-gaap_SubsequentEventMember
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Number of common stock issued for subscriptions |
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3,899,742hotr_NumberOfCommonStockIssuedForSubscriptions / us-gaap_SubsequentEventTypeAxis = us-gaap_SubsequentEventMember
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Proceeds from receiving subscriptions |
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7,799,484us-gaap_ProceedsFromStockPlans / us-gaap_SubsequentEventTypeAxis = us-gaap_SubsequentEventMember
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Subsequent Event [Member] | BGR The Burger Joint [Member] |
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Punchase price consisting cash |
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4,000,000us-gaap_PaymentsToAcquireBusinessesNetOfCashAcquired / us-gaap_BusinessAcquisitionAxis = hotr_BgrBurgerJointMember / us-gaap_SubsequentEventTypeAxis = us-gaap_SubsequentEventMember
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Number of shares to contractual working capital adjustment |
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500,000hotr_NumberOfSharesToContractualWorkingCapitalAdjustment / us-gaap_BusinessAcquisitionAxis = hotr_BgrBurgerJointMember / us-gaap_SubsequentEventTypeAxis = us-gaap_SubsequentEventMember
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Subsequent Event [Member] | BGR The Burger Joint [Member] | Minimum [Member] |
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Working capital adjustment to increase cash |
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200,000us-gaap_IncreaseDecreaseInOtherLoans / us-gaap_BusinessAcquisitionAxis = hotr_BgrBurgerJointMember / us-gaap_RangeAxis = us-gaap_MinimumMember / us-gaap_SubsequentEventTypeAxis = us-gaap_SubsequentEventMember
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Subsequent Event [Member] | BGR The Burger Joint [Member] | Maximum [Member] |
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Working capital adjustment to increase cash |
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250,000us-gaap_IncreaseDecreaseInOtherLoans / us-gaap_BusinessAcquisitionAxis = hotr_BgrBurgerJointMember / us-gaap_RangeAxis = us-gaap_MaximumMember / us-gaap_SubsequentEventTypeAxis = us-gaap_SubsequentEventMember
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Subsequent Event [Member] | BT Burger Joint [Member] |
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Common stock, par value |
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$ 0.0001us-gaap_CommonStockParOrStatedValuePerShare / us-gaap_BusinessAcquisitionAxis = hotr_BTBurgerJointMember / us-gaap_SubsequentEventTypeAxis = us-gaap_SubsequentEventMember
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Subsequent Event [Member] | Convertible Debt One [Member] |
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Accrued interest |
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500,000us-gaap_InterestPayableCurrentAndNoncurrent / us-gaap_DebtInstrumentAxis = hotr_ConvertibleDebtOneMember / us-gaap_SubsequentEventTypeAxis = us-gaap_SubsequentEventMember
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Convert accrued interest to common stock |
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373,333us-gaap_DebtConversionConvertedInstrumentSharesIssued1 / us-gaap_DebtInstrumentAxis = hotr_ConvertibleDebtOneMember / us-gaap_SubsequentEventTypeAxis = us-gaap_SubsequentEventMember
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Subsequent Event [Member] | Convertible Debt Two [Member] |
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Accrued interest |
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100,000us-gaap_InterestPayableCurrentAndNoncurrent / us-gaap_DebtInstrumentAxis = hotr_ConvertibleDebtTwoMember / us-gaap_SubsequentEventTypeAxis = us-gaap_SubsequentEventMember
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Convert accrued interest to common stock |
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100,000us-gaap_DebtConversionConvertedInstrumentSharesIssued1 / us-gaap_DebtInstrumentAxis = hotr_ConvertibleDebtTwoMember / us-gaap_SubsequentEventTypeAxis = us-gaap_SubsequentEventMember
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Subsequent Event [Member] | Two Investors [Member] |
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Number of warrants issued during period |
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250,000hotr_NumberOfWarrantsIssuedDuringPeriod / us-gaap_RelatedPartyTransactionsByRelatedPartyAxis = hotr_TwoInvestorsMember / us-gaap_SubsequentEventTypeAxis = us-gaap_SubsequentEventMember
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Debt conversion percentage |
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8.00%us-gaap_DebtConversionConvertedInstrumentRate / us-gaap_RelatedPartyTransactionsByRelatedPartyAxis = hotr_TwoInvestorsMember / us-gaap_SubsequentEventTypeAxis = us-gaap_SubsequentEventMember
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Warrant to purchase of common stock |
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37,500hotr_WarrantToPurchaseOfCommonStock / us-gaap_RelatedPartyTransactionsByRelatedPartyAxis = hotr_TwoInvestorsMember / us-gaap_SubsequentEventTypeAxis = us-gaap_SubsequentEventMember
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Proceeds from issuance of convertible debt |
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$ 150,000us-gaap_ProceedsFromConvertibleDebt / us-gaap_RelatedPartyTransactionsByRelatedPartyAxis = hotr_TwoInvestorsMember / us-gaap_SubsequentEventTypeAxis = us-gaap_SubsequentEventMember
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Common stock price per share |
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$ 2.50us-gaap_SharesIssuedPricePerShare / us-gaap_RelatedPartyTransactionsByRelatedPartyAxis = hotr_TwoInvestorsMember / us-gaap_SubsequentEventTypeAxis = us-gaap_SubsequentEventMember
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