CAPITAL GROUP HOLDINGS, INC. (A DEVELOPMENT STAGE COMPANY) Consolidated Balance Sheets June 30, 2012 and 2011 (USD $)	Jun. 30, 2012	Jun. 30, 2011
Current assets:
Cash and cash equivalents	$ 8,452	$ 339
Other current assets	7,500	22,500
Stock subscription receivable	0	10,000
Total current assets	15,952	32,839
Property and equipment, net of depreciation	7,842	13,785
Note receivable	10,000	0
TOTAL ASSETS	33,794	46,624
Current liabilities:
Accounts payable	181,004	207,546
Accounts payable to related party	4,165	4,665
Accrued payroll liabilities	939,213	698,685
Accrued liabilities	4,658	5,658
Convertible notes payable, net of discount for warrants	4,944	4,936
Total current liabilities	1,133,984	921,490
Long-term liabilities:
Marketing advance	190,000	0
TOTAL LIABILITIES	1,323,984	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 June 30, 2012 and 2011, respectively	561,311	556,781
Additional paid in capital	9,318,200	9,215,730
Common stock subscribed	260,700	125,000
Accumulated deficit	(3,539,288)	(3,539,288)
Accumulated deficit during development stage	(7,891,113)	(7,233,089)
TOTAL STOCKHOLDERS' DEFICIT	(1,290,190)	(874,866)
TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT	$ 33,794	$ 46,624