XML 12 R4.htm IDEA: XBRL DOCUMENT v2.4.0.8
CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) (USD $)
3 Months Ended 9 Months Ended 40 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Sep. 30, 2013
Sep. 30, 2012
Sep. 30, 2013
OPERATING EXPENSES          
General and administrative expenses $ 70,426 $ 65,768 $ 239,211 $ 208,336 $ 1,911,688
LOSS FROM OPERATIONS (70,426) (65,768) (239,211) (208,336) (1,911,688)
OTHER EXPENSES          
Interest expenses, net (167,014) (38,511) (419,385) (962,569) (1,763,668)
Impairment of investments (50,000) (4,000) (50,000) (6,000) (330,000)
Total other income (expense) (217,014) (42,511) (469,385) (968,569) (2,093,668)
NET LOSS $ (287,440) $ (108,279) $ (708,596) $ (1,176,905) $ (4,005,356)
NET LOSS PER COMMON SHARE – Basic and fully diluted (in Dollars per share) $ (0.01) $ 0 $ (0.02) $ (0.04)  
WEIGHTED AVERAGE COMMON SHARES OUTSTANDING (in Shares) 53,713,054 31,202,694 45,369,509 30,084,063