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Equity
3 Months Ended
Mar. 31, 2012
Disclosure Text Block Supplement [Abstract]  
Shareholders' Equity and Share-based Payments [Text Block]

Note 5 – Cumulative sales of stock:

Since its inception, we have issued shares of common stock as follows:

 

On July 15, 2005, the Company issued 81,005,000 founder shares for services rendered in the amount of $81,005.

 

On September 30, 2006 the Company completed a reverse merger with LFG International, Inc.  The Company issued 67,133 shares for the outstanding shares of LFG International, Inc.  As part of the recapitalization of the reverse merger the Company rolled forward a reverse 2:1 stock split.  The effect of this reverse split was a reduction of the outstanding shares of 40,435,367.

 

On June 19, 2007, the Company’s convertible notes payable were called.  The company issued 1,000,000 shares in exchange for $700,000 of the convertible notes.

 

On July 12, 2007 the Company issued 100,000 shares of common stock in exchange for consulting services rendered.

 

On March 31, 2008 the Company issued 15,000 shares of common stock for $15,000.

 

On February 26, 2010 the Company issued 20,000 shares of common stock for $20,000.

 

On December 22, 2010 the Company issued 275,000 shares of common stock for $55,000.

 

In September and October of 2011, The Company issued 2,150,000 shares of stock for $244,400.

 

In December 2011, The Company issued 107,673 as part of a convertible debenture.

 

During 2012, the Company issued 2,833,218 shares of stock for $266,682.  These issuances are part of convertible debentures that were immediately converted.

 

During the first quarter of 2012, the Company issued 400,000 shares of stock for $40,000 to two individuals.

 

 

Note 8 – Stock Subscriptions

On March 22, 2007 the Company issued a stock subscription in the amount of $700,000.  The subscription is for 1,000,000 shares at a rate of $0.70 per share.  Among other provisions the subscription holder has exclusive selling rights to the Company’s product in Poland and responsibilities to sell preset amounts of product.

 

In January 2012, the Company issued a stock option to Makirys Management Group Inc. in the amount of $300,000 or 3,000,000 shares at $0.10 per share.  The incentive is to entice the Company to expand the product lines into different countries and increase the market share in Canada.