Note 12 - Income Taxes: Schedule of Effective Income Tax Rate Reconciliation (Tables)

12 Months Ended

Dec. 31, 2012

Tables/Schedules

Schedule of Effective Income Tax Rate Reconciliation

		For the Years Ended December 31,
		2012		2011
Net loss	$	3,825,448	$	9,081,622
Tax at federal statutory rate (34%)	$	(1,300,652)	$	(3,087,751)
Effect of lower foreign tax rate		-		944,587
Permanent differences		265,129		(543,292)
		3,344,859		-
Change in valuation allowance		(2,309,336)		2,686,456
Provision for Income Taxes	$	-	$	-