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PREPAID EXPENSES
9 Months Ended
Sep. 30, 2013
PREPAID EXPENSES [Abstract]  
PREPAID EXPENSES

NOTE 7 - PREPAID EXPENSES

In January 2013, Silver Falcon issued 12,000,000 shares of its Class A Common Stock valued at $294,000 to various officers of Goldland (who are also Silver Falcon officers) to pay compensation owed to them by Goldland for the year 2013.  In January 2013, the Company issued 76,335,188 of common stock valued at $1,526,704 to pay compensation to our officers for 2013.  We capitalized these payments as a prepaid expense, and are amortizing the amounts over the twelve months of 2013.