Note 6 - Common Stock

12 Months Ended

Dec. 31, 2012

Stockholders' Equity Note Disclosure [Text Block]

6. Common Stock

The Company has 100,000,000 shares of voting common shares authorized for issuance.  On December 31, 2012, the Company had 85,312,006 shares of common stock outstanding and reserved for issuance upon exercise of options and warrants and conversion of preferred stock.  The Company issued common stock in 2012 and 2011 as follows:

Common Stock Issued in 2012	Shares		Issue Price				Net Price
Directors, officers, consultants plan– services		50,000	$			0.035	$	1,750
Debt conversion – cashless		1,945,108		0.0202	-	0.0208		74,091
Total Common Stock Issued in 2012		1,995,108	$	0.0202	-	0.035	$	75,841

Common Stock Issued in 2011	Shares		Issue Price				Net Price
Private placements – cash		2,666,667	$			0.03	$	80,000
Directors, officers, consultants plan – cash		136,923		0.05	-	0.06		8,000
Directors, officers, consultants plan– services		7,358,975		0.046	-	0.09		422,411
Debt conversion – cashless		250,000				0.04		14,750
Total Common Stock Issued in 2011		10,412,565	$	0.03	-	0.09	$	525,161

During the years ended December 31, 2012 and December 31, 2011, there were no finder’s fees paid related to private placements of stock.

We have not paid any dividends to our common stock shareholders to date, and have no plans to do so in the immediate future.

We use the services of American Stock Transfer and Trust Company as our transfer agent.