Innovative Product Opportunities Inc. (A Development Stage Enterprise) CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)	3 Months Ended		36 Months Ended
	Mar. 31, 2012	Mar. 31, 2011	Mar. 31, 2012
Sales	$ 11,855	$ 0	$ 32,855
Cost of sales	3,063	0	3,063
Gross profit	8,792	0	29,792
Operating expenses
Bad debts	0	21,000	21,000
General and administrative	47,465	29,266	135,093
Stock-based compensation	0	0	5,315,000
Total expenses	47,465	50,266	5,471,093
Net operating loss	(38,673)	(50,266)	(5,441,301)
Other income (expense)
Gain on settlement of accounts receivable	0	0	336,000
Other-than-temporary impairment loss on securities	0	0	(124,950)
Loss on cancelation of securities	0	0	(211,050)
Total other income (loss)	0	0	0
Net loss for the period	(38,673)	(50,266)	(5,441,301)
Net loss attributable to non-controlling interest	6,373	0	6,373
Net loss attributable to Innovative Products Opportunities Inc.	$ (32,300)	$ (50,266)	$ (5,434,928)
Net loss attributed to Innovative Products Opportunities Inc. per common share - basic	$ 0.00	$ 0.00
Weighted average number of common shares outstanding - basic	118,000,000	118,000,000