Annual report pursuant to Section 13 and 15(d)

Shareholders Equity

v2.4.0.6
Shareholders Equity (USD $)
Common Stock Shares
Common Stock Amount
Additional Paid in Capital
Subscriptions (Receivable) Payable
Accumulated Deficit
Total
Balance 31-Dec-10 at Dec. 30, 2010 142,419,925 142,420 13,913,959 0 (15,027,128) (970,749)
Common Stock Issued for services 2,000,000 2,000 8,000 0 0 10,000
Net income for the year ended December 31, 2011 0 0 0 0 (84,736) (84,736)
Balance 31-Dec-11 144,419,925 144,420 13,921,959 0 (15,111,864) (1,045,485)
Common Stock Issued for services $ 4,500,000 $ 4,500 $ 37,500 $ 0 $ 0 $ 42,000
Debt Settlements 18,177,949 18,178 182,048 0 0 200,226
Net income for the year ended December 31, 2012 0 0 0 0 851,928 851,928
Balance 31-Dec-12 at Dec. 31, 2012 167,097,874 167,098 14,141,507 0 (14,259,936) 48,669