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SHAREHOLDERS' EQUITY
3 Months Ended
Mar. 31, 2013
Stockholders' Equity Note [Abstract]  
SHAREHOLDERS' EQUITY
5. SHAREHOLDERS’ EQUITY

 

On January 14, 2013, the Company issued 2,800,000 shares of common stock upon conversion of a portion of the $517,673 Convertible Note Payable in the amount of $84,000.

 

On February 28, 2013, the Company issued 600,000 shares of common stock upon conversion of a portion of the $517,673 Convertible Note Payable in the amount of $18,000.

 

On February 28, 2011, the Company issued 763,184 shares of common stock for the conversion of $7,632 of principal of the 10% Subordinated Convertible Notes Payable

 

On March 11, 2013, the Company issued 1,900,000 shares of common stock upon conversion of a portion of the $517,673 Convertible Note Payable in the amount of $57,000.

 

On March 18, 2013, the Company issued 1,210,088 shares of common stock upon conversion of a portion of the $517,673 Convertible Note Payable in the amount of $36,303.

 

The Company has imputed interest on advances in the amount of $7,618 for the three months ended March 31, 2013. The imputed interest was recorded as an increase in additional paid-in capital.