Annual report pursuant to Section 13 and 15(d)

Balance Sheets

v2.4.0.6
Balance Sheets (USD $)
Dec. 31, 2011
Dec. 31, 2010
Statement of Financial Position [Abstract]    
Cash $ 11,957  
Total Current Assets 11,957 41,480
FIXED ASSETS, NET (Note2, 5) 0 0
OTHER ASSETS - Investments in limited partnerships - (Note 2,4,8,9,11) 24,967 44,984
TOTAL ASSETS 36,924 86,464
Accounts payable 48,053 53,056
Accrued expenses 116,231 139,608
Accrued interest 217,952 184,376
Judgments payable 39,372 39,372
Notes payable - current portion (Note 7,11) 660,801 640,801
Total Current Liabilities 1,082,409 1,057,213
LONG-TERM DEBT - Notes payable - long term (Note 7) 0 0
Total Liabilities 1,082,409 1,057,213
Total Common Shares issued and outstanding, respectively 144,420 142,420
Additional paid-in capital 13,921,959 13,913,959
Stock Subscriptions 0 0
Accumulated deficit (15,111,864) (15,027,128)
Total Stockholders' Equity (Deficit) (1,045,485) (970,749)
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT) $ 36,924 $ 86,464