XML 25 R5.htm IDEA: XBRL DOCUMENT  v2.3.0.11
STATEMENT OF STOCKHOLDERS' EQUITY (DEFICIT) (USD $)
Total
Common Stock
Additional Paid in Capital
Subscriptions
Warrants
Deficit Accumulated During the Development Stage
Equity
Balance at Dec. 31, 2006   $ 76,216 $ 2,388,596   $ 234,360 $ (2,698,368) $ 804
Balance - Shares at Dec. 31, 2006   76,216,333         76,216,333
Correction of an accounting error   2,000 (2,000)     (59,004) (59,004)
Correction of an accounting error - Shares   2,000,000         2,000,000
Balance at Dec. 31, 2007   78,216 2,386,596   234,360 (2,757,372) (58,200)
Balance - Shares at Dec. 31, 2007   78,216,333         78,216,333
Issuance of common stock for cash @ $0.03 per share   2,333 67,667       70,000
Issuance of common stock for cash @ $0.03 per share - Shares   2,333,333         2,333,333
Issuance of common stock for cash @ $0.46 per share   49 224,351       224,400
Issuance of common stock for cash @ $0.46 per share - Shares   492,336         492,336
Common stock issued to acquire mineral interests   4,000 2,316,000       2,320,000
Common stock issued to acquire mineral interests - Shares   4,000,000         4,000,000
Net income (loss)           (2,690,830) (2,690,830)
Balance at Dec. 31, 2008   84,598 4,994,614   234,360 (5,448,202) (134,630)
Balance - Shares at Dec. 31, 2008   85,042,002         85,042,002
Net income (loss)           (59,000) (59,000)
Balance at Dec. 31, 2009   1,469 6,577,743   234,360 (6,571,303) 242,269
Balance - Shares at Dec. 31, 2009   1,469,444         1,469,444
Issuance of common stock pursuant to share subscription   1,000 249,000       250,000
Issuance of common stock pursuant to share subscription - Shares   1,000,000         1,000,000
Recission of shares issued - Shares   (1,000,000)         (1,000,000)
Net income (loss) 50,607         1,014,455 1,014,455
Balance at Jun. 30, 2010   1,619 5,329,093   234,360 (5,556,848) 8,224
Balance - Shares at Jun. 30, 2010   1,619,444         1,619,444
Balance at Dec. 31, 2009   1,469 6,577,743   234,360 (6,571,303) 242,269
Balance - Shares at Dec. 31, 2009   1,469,444         1,469,444
Cancellation of shares set aside for share subscription   (49) (224,351) 224,400      
Cancellation of shares set aside for share subscription - Shares   (492,336)         (492,336)
Effect of 300:1 reverse stock split   (84,267) 84,267        
Effect of 300:1 reverse stock split - Shares   (84,267,834)         (84,267,834)
Issuance of common stock for common stock of PEI Worldwide Holdings, Inc.   1,000 1,499,000       1,500,000
Issuance of common stock for common stock of PEI Worldwide Holdings, Inc. - Shares   1,000,000         1,000,000
Issuance of fractional common shares - Shares   612         612
Issuance of common stock for common stock of Genesis Ventures Fund India, I, LP   125 374,875       375,000
Issuance of common stock for common stock of Genesis Ventures Fund India, I, LP - Shares   125,000         125,000
Issuance of common stock pursuant to share subscription   187 224,213 (224,400)      
Issuance of common stock pursuant to share subscription - Shares   187,000         187,000
Recission of shares issued   (125) (374,875)       (375,000)
Recission of shares issued - Shares   (125,000)         (125,000)
Net income (loss)           (1,064,101) (1,064,101)
Balance at Dec. 31, 2010   $ 1,469 $ 6,577,743   $ 234,360 $ (6,571,303) $ 242,269
Balance - Shares at Dec. 31, 2010   1,469,444         1,469,444