9. SUBSEQUENT EVENTS

9 Months Ended

Sep. 30, 2013

Subsequent Events [Abstract]

Subsequent Events [Text Block]

9. SUBSEQUENT EVENTS

Subsequent to September 30, 2013, the holders of the $96,463 Convertible Note Payable dated April 1, 2013 elected to convert principal and interest as follows:

Date	Principal and Interest Converted		Common stock issued upon conversion
October 1, 2013		36,500		1,825,000
November 6, 2013		20,000		2,000,000
Total	$	56,500		3,825,000

As a result of these conversions, unamortized discount in the total amount of $37,143 was immediately amortized to interest expense. The converted amount of principal and accrued unpaid interest in the total amount of $56,500 was recognized as an increase in stockholders’ equity as a result of these conversions. There was no gain or loss on these conversions, because they were effected in accordance with the terms of the convertible note agreement.