Sonnet BioTherapeutics, Inc. Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

Cover
- Document and Entity Information
Financial Statements
Notes to Financial Statements
Accounting Policies
- SIGNIFICANT ACCOUNTING POLICIES (Policies)
Notes Tables
Notes Details

RELATED PARTY TRANSACTIONS (Details Textual)

v2.4.0.6

RELATED PARTY TRANSACTIONS (Details Textual) (USD $)	1 Months Ended	12 Months Ended
RELATED PARTY TRANSACTIONS (Details Textual) (USD $)	Jun. 30, 2011	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010
Due to related parties		$ 13,733	$ 30,204
Revenue from Related Parties		30,743	3,235
Durban [Member]
Investments In Related Party			14,000
Percentage Of Investments In Related Party			2.00%
Johannesburg [Member]
Investments In Related Party			12,500
Percentage Of Investments In Related Party			1.50%
Cape Town [Member]
Investments In Related Party			25,000
Percentage Of Investments In Related Party			2.90%
Hoa Llc [Member]
Notes Receivable, Related Parties		3,550,000
Chanticleer Investors, LLC [Member]
Due to related parties		1,542	4,045
Chanticleer Investors II, LLC [Member]
Revenue from Related Parties		30,743	1,485
Efftec International [Member]
Common Shares Received For Management Services				150,000
Option To Acquired For Management Services				150,000
Income Received For Management Services				22,500
North American Energy Resources Inc [Member]
Revenue from Related Parties		0	1,750
Income Received For Management Services Shares				150,000
Income Received For Management Services				10,500
Shares Contributed For Management Services	1,790,440
Values Contributed For Management Services	125,331
Chanticleer Foundation Inc [Member]
Due to related parties		0	10,750
Avenel Financial Group Inc [Member]
Investments In Related Party		49,816
SA Profits Amount		$ 6,441

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Investments (Common Shares) acquired in exchange for management services.

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Carrying amount as of the balance sheet date of obligations due all related parties. For classified balance sheets, represents the current portion of such liabilities (due within one year or within the normal operating cycle if longer).

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For an unclassified balance sheet, amounts due from parties associated with the reporting entity as evidenced by a written promise to pay.

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Amount of revenue, fees and commissions earned from transactions between (a) a parent company and its subsidiaries; (b) subsidiaries of a common parent; (c) an entity and trusts for the benefit of employees, for example, but not limited to, pension and profit-sharing trusts that are managed by or under the trusteeship of the entity's management; (d) an entity and its principal, owners, management, or members of their immediate families; and (e) affiliates.

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