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STATEMENTS OF OPERATIONS (USD $)
12 Months Ended 31 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2012
OPERATING EXPENSES      
General and administrative expenses $ 295,423 $ 995,440 $ 1,672,477
LOSS FROM OPERATIONS (295,423) (995,440) (1,672,477)
OTHER INCOME (EXPENSE)      
Interest expense, net (1,101,889) (198,398) (1,344,283)
Impairment of investments (20,000) 0 (280,000)
Total other income (expense) (1,121,889) (198,398) (1,624,283)
NET INCOME (LOSS) $ (1,417,312) $ (1,193,838) $ (3,296,760)
NET INCOME (LOSS) PER COMMON SHARE - Basic and fully diluted $ (0.05) $ (11.53)  
WEIGHTED AVERAGE COMMON SHARES OUTSTANDING 31,000,752 103,570