CAPITAL GROUP HOLDINGS, INC. (A DEVELOPMENT STAGE COMPANY) Condensed Consolidated Balance Sheets (unaudited) (USD $)	Sep. 30, 2011	Jun. 30, 2011
Current assets:
Cash and cash equivalents	$ 476	$ 339
Other current assets	22,500	22,500
Stock subscription receivable	10,000	10,000
Total current assets	32,976	32,839
Property and equipment, net of depreciation	11,442	13,785
TOTAL ASSETS	44,418	46,624
Current liabilities:
Accounts payable	207,898	207,546
Accounts payable to related party	4,665	4,665
Accrued payroll liabilities	787,675	698,685
Accrued liabilities	5,658	5,658
Convertible notes payable, net of discount for warrants	4,964	4,936
Total current liabilities	1,010,860	921,490
Commitments and Contingencies
STOCKHOLDERS' DEFICIT
Common stock, $.01 par value, 100,000,000 shares authorized, 55,678,121 shares issued and outstanding	556,781	556,781
Additional paid in capital	9,215,730	9,215,730
Common stock subscribed	204,200	125,000
Accumulated deficit	(3,539,288)	(3,539,288)
Accumulated deficit during development stage	(7,403,865)	(7,233,089)
TOTAL STOCKHOLDERS' DEFICIT	(966,442)	(874,866)
TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT	$ 44,418	$ 46,624