Innovative Product Opportunities Inc. (A Development Stage Enterprise) STATEMENTS OF OPERATIONS (USD $)	3 Months Ended		9 Months Ended		30 Months Ended
	Sep. 30, 2011	Sep. 30, 2010	Sep. 30, 2011	Sep. 30, 2010	Sep. 30, 2011
Sales	$ 0	$ 0	$ 0	$ 21,000	$ 21,000
Cost of sales	0	0	0	0	0
Gross profit	0	0	0	21,000	21,000
Operating expenses
Bad Debts	0	0	21,000	0	21,000
General and administrative	17,211	11,144	62,418	121,144	192,305
Total expenses	17,211	11,144	83,418	121,144	213,305
Net operating loss	(17,211)	(11,144)	(83,418)	(100,144)	(192,305)
Other income (loss)
Gain on accounts receivable settlement	0	0	0	336,000	336,000
Other-than-temporary impairment loss on securities	0	(124,950)	0	(124,950)	(124,950)
Loss on cancelation of securities	0	0	0	0	(211,050)
Total other income (loss)	0	(124,950)	0	211,050	0
Income (loss) before taxes	(17,211)	(136,094)	(83,418)	110,906	(192,305)
Provision for income taxes	0	(3,901)	0	81,849	0
Net income (loss)	$ (17,211)	$ (132,193)	$ (83,418)	$ 29,057	$ (192,305)
Basic and diluted net loss per common share	$ 0.00	$ 0.00	$ 0.00	$ 0.01	$ 0
Weighted average number of common shares outstanding - basic and diluted	66,000,000	31,000,000	52,483,516	25,600,738	0