Statements of Operations (Unaudited, USD $)
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3 Months Ended | |
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Mar. 31, 2013
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Mar. 31, 2012
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Unaudited
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SALES | $ 10,377 | $ 633 |
COST OF SALES | 8,684 | 0 |
GROSS PROFIT | 1,693 | 633 |
EXPENSES | ||
General and administrative | 29,783 | 62,354 |
Total Expenses | 29,783 | 62,354 |
NET INVESTMENT INCOME (LOSS) | (28,090) | (61,721) |
OTHER INCOME (EXPENSE) | ||
Other income | 2,236 | 0 |
Realized Gain on Sale of Investment | 8,467 | 947,427 |
Debt Forgiveness | 0 | 53,056 |
Interest expense | (1,262) | (4,854) |
Total Other Income (Expense) | 9,441 | 995,629 |
INCOME (LOSS) FROM CONTINUING OPERARION BEFORE INCOME TAXES | (18,649) | 933,908 |
Income taxes | 0 | 0 |
NET INCOME (LOSS) | (18,649) | 933,908 |
BASIC INCOME (LOSS) PER SHARE | ||
Basic Income (Loss) Per Share | $ 0 | $ 0.006 |
WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING | 167,097,874 | 151,979,175 |
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Total costs of sales and operating expenses for the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Decrease for amounts of indebtedness forgiven by the holder of the debt instrument. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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The aggregate total of expenses of managing and administering the affairs of an entity, including affiliates of the reporting entity, which are not directly or indirectly associated with the manufacture, sale or creation of a product or product line. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Aggregate revenue less cost of goods and services sold or operating expenses directly attributable to the revenue generation activity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Amount of income (loss) from continuing operations attributable to the parent. Also defined as revenue less expenses and taxes from ongoing operations before extraordinary items but after deduction of those portions of income or loss from continuing operations that are allocable to noncontrolling interests. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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The amount of cash paid during the current period to foreign, federal, state, and local authorities as taxes on income, net of any cash received during the current period as refunds for the overpayment of taxes. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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The cost of borrowed funds accounted for as interest that was charged against earnings during the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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The net realized gains or losses on investments during the period, not including gains or losses on securities separately or otherwise categorized as trading, available-for-sale, or held-to-maturity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Average number of shares or units issued and outstanding that are used in calculating basic and diluted earnings per share (EPS). No definition available.
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