XML 16 R2.htm IDEA: XBRL DOCUMENT v2.4.0.6
Consolidated Balance Sheets (USD $)
Dec. 31, 2012
Dec. 31, 2011
ASSETS    
Cash and cash equivalents $ 517,831 $ 98,221
Prepaid expenses 6,048 1,048
TOTAL CURRENT ASSETS 523,879 99,269
Office equipment 4,746 1,382
Accumulated Depreciation (843) (506)
NET PROPERTY, PLANT AND EQUIPMENT 3,903 876
Deposits 51,048 1,048
TOTAL OTHER ASSETS 51,048 1,048
TOTAL ASSETS 578,830 101,193
Accounts payable 160,050 374,429
Payroll taxes payable 84 21
TOTAL CURRENT LIABILITIES 160,134 374,450
Common stock, par value $.001, 100,000,000 shares authorized, 50,948,286 and 49,248,286 shares issued and outstanding at December 31, 2012 and December 31, 2011 respectively $ 50,949 $ 49,249
Additional paid in capital 5,113,703 3,565,403
Deficit accumulated during the development stage (4,745,956) (3,887,909)
TOTAL STOCKHOLDERS' EQUITY (DEFICIT) 418,696 (273,257)
TOTAL LIABILITIES AND STOCKHOLDER'S EQUITY (DEFICIT) $ 578,830 $ 101,193