Annual report pursuant to Section 13 and 15(d)

Balance Sheets

v2.4.0.6
Balance Sheets (USD $)
Dec. 31, 2012
Dec. 31, 2011
Current Assets    
Cash $ 2,575,087 $ 8,342
Prepaid expenses 62,079 16,405
Other current assets 450  
Total Current Assets 2,637,616 24,747
Property, plant and equipment, net of accumulated depreciation of $891 and $688, respectively 128 331
Total Assets 2,637,744 25,078
Current Liabilities    
Accounts payable 183,058 427,850
Accounts payable to related parties 579,950 613,961
Accrued liabilities 729,006 703,172
Short-term convertible debt   50,000
Short-term debt, net of unamortized discounts of $0 and $54,919, respectively 90,000 367,384
Convertible debt owed to related parties   523,000
Debt owed to related parties   379,732
Total Current Liabilities 1,582,014 3,065,099
Stockholders' Deficit    
Common stock, $0.00001 par value; 975,000,000 shares authorized, 851,067,644 and 593,783,400 shares issued and outstanding, respectively 8,512 5,938
Additional paid-in capital 209,966,240 196,554,117
Accumulated deficit (208,919,022) (199,600,076)
Total Stockholders' Deficit 1,055,730 (3,040,021)
Total Liabilities and Stockholders' Deficit $ 2,637,744 $ 25,078