CAPITAL GROUP HOLDINGS, INC. (A DEVELOPMENT STAGE COMPANY) Condensed Consolidated Balance Sheets (unaudited) (USD $)	Mar. 31, 2012	Jun. 30, 2011
Current assets:
Cash and cash equivalents	$ 217	$ 339
Other current assets	2,500	22,500
Stock subscription receivable	10,000	10,000
Total current assets	12,717	32,839
Property and equipment, net of depreciation	9,038	13,785
Note receivable	10,000	0
TOTAL ASSETS	31,755	46,624
Current liabilities:
Cash overdraft	3,498	0
Accounts payable	213,349	207,546
Accounts payable to related party	4,165	4,665
Accrued payroll liabilities	901,298	698,685
Accrued liabilities	11,658	5,658
Convertible notes payable, net of discount for warrants	4,964	4,936
Total current liabilities	1,138,932	921,490
Commitments and Contingencies
STOCKHOLDERS' DEFICIT
Common stock, $.01 par value, 100,000,000 shares authorized, 56,131,121 and 55,678,121 shares issued and outstanding as of March 31, 2012 and June 30, 2011, respectively	561,311	556,781
Additional paid in capital	9,383,200	9,215,730
Common stock subscribed	185,700	125,000
Accumulated deficit	(3,539,288)	(3,539,288)
Accumulated deficit during development stage	(7,698,100)	(7,233,089)
TOTAL STOCKHOLDERS' DEFICIT	(1,107,177)	(874,866)
TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT	$ 31,755	$ 46,624