v2.4.0.6

CONDENSED CONSOLIDATED BALANCE SHEETS (USD $)	Mar. 31, 2013	Dec. 31, 2012
Assets
Cash	$ 81,478	$ 42,948
Prepaid expenses	53,710	97,541
Total Current Assets	135,188	140,489
Intangible assets	1,650	1,650
Deposit	3,125	3,125
Total Assets	139,963	145,264
Liabilities and Stockholders' Deficiency
Accounts payable and accrued expenses	199,238	86,180
Share issuance liability	0	5,800
Accrued dividends on preferred stock	262,222	198,432
Derivative liabilities	415,089	730,174
Total Current Liabilities	876,549	1,020,586
Convertible note payable (net of debt discount of $167,954 as of March 31, 2013 )	42,046	0
Total Liabilities	918,595	1,020,586
Commitments and contingencies
Stockholders' Deficiency
Common stock, $0.001 par value; 200,000,000 shares authorized; 16,235,000 and 16,225,000 issued and outstanding as of March 31, 2013 and December 31, 2012, respectively	16,235	16,225
Additional paid-in-capital	2,067,297	2,059,872
Deficit accumulated during the development stage	(2,864,367)	(2,953,622)
Total Stockholders' Deficiency	(778,632)	(875,322)
Total Liabilities and Stockholders' Deficiency	139,963	145,264
Series A Preferred Stock [Member]
Stockholders' Deficiency
Preferred stock	2,200	2,200
Series B Preferred Stock [Member]
Stockholders' Deficiency
Preferred stock	$ 3	$ 3

Total sum of stock issuances liability recorded as of balance sheet date.

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Value received from shareholders in common stock-related transactions that are in excess of par value or stated value and amounts received from other stock-related transactions. Includes only common stock transactions (excludes preferred stock transactions). May be called contributed capital, capital in excess of par, capital surplus, or paid-in capital.

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Amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Excludes cash and cash equivalents within disposal group and discontinued operation.

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Aggregate par or stated value of issued nonredeemable common stock (or common stock redeemable solely at the option of the issuer). This item includes treasury stock repurchased by the entity. Note: elements for number of nonredeemable common shares, par value and other disclosure concepts are in another section within stockholders' equity.

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Carrying value as of the balance sheet date of long-term debt (with maturities initially due after one year or beyond the operating cycle if longer) identified as Convertible Notes Payable, excluding current portion. Convertible Notes Payable is a written promise to pay a note which can be exchanged for a specified amount of another, related security, at the option of the issuer and the holder.

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Fair values as of the balance sheet date of all liabilities resulting from contracts that meet the criteria of being accounted for as derivative instruments, and which are expected to be extinguished or otherwise disposed of within a year or the normal operating cycle, if longer, net of the effects of master netting arrangements.

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Carrying value as of the balance sheet date of dividends declared but unpaid on equity securities issued by the entity and outstanding. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).

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Total of all stockholders' equity (deficit) items, net of receivables from officers, directors, owners, and affiliates of the entity which are attributable to the parent. The amount of the economic entity's stockholders' equity attributable to the parent excludes the amount of stockholders' equity which is allocable to that ownership interest in subsidiary equity which is not attributable to the parent (noncontrolling interest, minority interest). This excludes temporary equity and is sometimes called permanent equity.

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