CONVERTIBLE DEBENTURES (Tables)

6 Months Ended

Jun. 30, 2012

Convertible Debentures [Abstract]

Schedule Of Convertible Debentures [Table Text Block]

Convertible debentures as of June 30, 2012, are as follows:

Origination Date	Maturity Date	Interest Rate			Origination Principal Balance		Origination Discount Balance			Period End Principal Balance		Period End Discount Balance			Period End Debenture, Net Balance		Ref.
10/4/2010	4/4/2011		5	%	$	20,635	$	(20,635	)	$	-	$	-		$	-	(1)
11/27/2010	5/27/2011		10	%		125,000		(53,571	)		105,750		-			105,750	(2)
1/7/2011	11/11/2011		5	%		76,000		(32,571	)		48,000		-			48,000	(3)
2/10/2011	1/14/2011		8	%		42,500		(42,500	)		-		-			-	(4)
9/12/2011	6/14/2012		8	%		37,500		(37,500	)		-		-			-	(4)
3/9/2011	3/9/2012		10	%		50,000		(34,472	)		-		-			-	(5)
5/3/2011	5/5/2012		5	%		300,000		(206,832	)		300,000		-			300,000	(6)
8/31/2011	8/31/2013		5	%		10,000		(4,286	)		10,000		(2,497	)		7,503	(7)
9/8/2011	9/20/2011		10	%		39,724		(17,016	)		-		-			-	(8)
2/10/2012, 5/18/2012	2/10/2014, 5/18/2014		10	%		19,250		-			11,000		-			11,000	(9)
3/14/2012	2/10/2014		10	%		5,500		-			472		-			472	(10)
12/19/2011	9/21/2012		8	%		37,500		(37,500	)		37,500		(12,498	)		25,002	(4)
2/7/2012	2/7/2014		10	%		16,000		-			16,000		-			16,000	(11)
2/10/2012	2/10/2014		10	%		39,724		-			36,513		-			36,513	(11)
3/9/2012	3/9/2014		10	%		56,250		-			56,250		-			56,250	(11)
4/19/2012	4/4/2011		5	%		16,347		-			12,347		-			12,347	(12)
Totals										$	633,832				$	618,837

Convertible debentures as of December 31, 2011, are as follows:

Origination Date	Maturity Date	Interest Rate			Origination Princiapal Balance		Origination Discount Balance			Period End Principal Balance		Period End Discount Balance			Period End Debenture, Net Balance		Ref.
10/4/2010	4/4/2011		5	%	$	20,635	$	(20,635	)	$	12,647	$	-		$	12,647	(1)
11/27/2010	5/27/2011		10	%		125,000		(53,571	)		125,000		-			125,000	(2)
1/7/2011	11/11/2011		5	%		76,000		(32,571	)		48,000		-			48,000	(3)
2/10/2011	1/14/2011		8	%		42,500		(42,500	)		11,000		-			11,000	(4)
9/12/2011	6/14/2012		8	%		37,500		(37,500	)		37,500		(22,917	)		14,583	(4)
3/9/2011	3/9/2012		10	%		50,000		(34,472	)		50,000		(6,607	)		43,393	(5)
5/3/2011	5/5/2012		5	%		300,000		(206,832	)		300,000		(70,669	)		229,331	(6)
8/31/2011	8/31/2013		5	%		10,000		(4,286	)		10,000		(3,570	)		6,430	(7)
9/8/2011	9/20/2011		10	%		39,724		(17,016	)		39,724		-			39,724	(8)
Totals										$	633,871				$	530,108