Derivative Liability	12 Months Ended
Dec. 31, 2014
Derivative Liability
Derivative Liability	NOTE 8 – DERIVATIVE LIABILITY On September 28, 2011 the Company executed a convertible note payable in the amount of $100,000 which was convertible at the holder’s option at 90 percent of the average of the lowest three daily closing prices per share for the five business days prior to the date of conversion. The fair value of the conversion option of the convertible note of $93,976 was recognized as a derivative liability on the date of issuance with all future changes in the fair value of these conversion options being recognized in earnings in the Company’s statement of operations under the caption “Other income (expense) – gain (loss) on derivative liability” until such time as the note was converted. The Company used the Black-Scholes options pricing model to value the derivative liability and subsequent remeasurement. Included in the models were the following assumptions: risk free rates ranging from 0.02 percent to 0.16 percent, and annual volatilities which ranged from 10 percent to 500 percent. ASC 815 requires the Company to assess the fair market value of certain derivatives at each reporting period and recognize any change in the fair market value of the derivatives as gain (loss) on the income statements. At December 31, 2012 the derivative liability was revalued at $11,136, which led to the Company recording a gain on derivative liability in the amount of $92,445. On March 17, 2013, pursuant to the full conversion of the note into 109,952 shares of common stock, the derivative liability was revalued at $-0-, resulting in a gain on derivative liability of $11,136 for the year ended December 31, 2013.

Derivative Liability

12 Months Ended

Dec. 31, 2014

NOTE 8 – DERIVATIVE LIABILITY

On September 28, 2011 the Company executed a convertible note payable in the amount of $100,000 which was convertible at the holder’s option at 90 percent of the average of the lowest three daily closing prices per share for the five business days prior to the date of conversion.

The fair value of the conversion option of the convertible note of $93,976 was recognized as a derivative liability on the date of issuance with all future changes in the fair value of these conversion options being recognized in earnings in the Company’s statement of operations under the caption “Other income (expense) – gain (loss) on derivative liability” until such time as the note was converted.

The Company used the Black-Scholes options pricing model to value the derivative liability and subsequent remeasurement. Included in the models were the following assumptions: risk free rates ranging from 0.02 percent to 0.16 percent, and annual volatilities which ranged from 10 percent to 500 percent.

ASC 815 requires the Company to assess the fair market value of certain derivatives at each reporting period and recognize any change in the fair market value of the derivatives as gain (loss) on the income statements. At December 31, 2012 the derivative liability was revalued at $11,136, which led to the Company recording a gain on derivative liability in the amount of $92,445.

On March 17, 2013, pursuant to the full conversion of the note into 109,952 shares of common stock, the derivative liability was revalued at $-0-, resulting in a gain on derivative liability of $11,136 for the year ended December 31, 2013.