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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
9 Months Ended
Sep. 30, 2011
Sep. 30, 2010
CASH FLOWS FROM OPERATING ACTIVITIES:  
Net loss$ (1,065,977)$ (1,236,422)
Adjustments to reconcile net loss to net cash used in operating activities:  
Depreciation and amortization0910
Amortization of deferred financing costs219,18941,719
Gain on failed sale of MOS assets0(378,323)
Non-cash expenses103,23715,168
Loss on convertible debentures098,945
Loss on debt settlement55,531253,019
Gain on disposal of subsidiary0(23,576)
Stock issued for debt related costs164,49082,500
Stock issued for interest and extensions23,04062,800
Stock issued for employee compensation17,0000
Stock issued for services0637,312
Changes in assets and liabilities:  
(Increase) decrease in accounts receivable(3,547)31,133
(Increase) decrease in prepaids and other assets11,5000
(Increase) decrease in interest receivable - related parties(47,114)(35,973)
(Increase) decrease in interest receivable(19,658)(11,625)
Increase (decrease) in accounts payable68,198138,058
Increase (decrease) in accrued payroll and payroll taxes(19,333)(14,733)
Increase (decrease) in other accrued liabilites247(2,247)
Increase (decrease) in accrued interest9,06930,767
Increase (decrease) in accrued interest - related parties63,2074,771
Net cash provided (used) by operating activities(420,921)(305,797)
CASH FLOWS FROM INVESTING ACTIVITIES:  
Proceeds from failed sale of MOS assets0400,000
Expenses on failed sale of MOS assets0(21,677)
Purchase of notes receivable-related parties(1,117,400)(343,730)
Proceeds from notes receivable-related parties1,244,850 
Purchase of notes receivable(1,625,000) 
Proceeds from notes receivable0100,000
Deposit on oil and gas leases0(10,000)
Purchase of mining lease rights(4,536)(72,500)
Net cash provided (used) in investing activities(1,502,086)52,093
CASH FLOWS FROM FINANCING ACTIVITIES:  
Net change in bank overdraft(45,654)0
Proceeds from notes payable874,000294,000
Payments on notes payable(190,000)(288,000)
Proceeds from notes payable - related parties1,441,300727,330
Payments on notes payable - related parties(138,900)(682,700)
Proceeds from sale of stock0165,000
Proceeds from debentures021,749
Net cash provided by financing activities1,940,746237,379
NET INCREASE (DECREASE) IN CASH17,739(16,325)
Cash, beginning of period026,343
Cash, end of period17,73910,018
Cash paid during the period for:  
Interest00
Income Taxes00
Supplemental Non-Cash Investing and Financing Activities:  
Sale of note receivable (and associated debt) for note0400,000
Common Stock issued in payment of debt0398,319
Common Stock issued for mining lease rights0910,000
Purchase of mining lease rights with debt0480,000
Debentures converted to common stock$ 0$ 297,111