CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
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3 Months Ended | 9 Months Ended | ||
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Sep. 30, 2013
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Sep. 30, 2012
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Sep. 30, 2013
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Sep. 30, 2012
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Income Statement | ||||
SALES | $ 22,836 | $ 13,146 | $ 45,509 | $ 21,600 |
COST OF SALES | 18,231 | 12,712 | 31,534 | 17,317 |
GROSS PROFIT | 4,605 | 434 | 13,975 | 4,283 |
EXPENSES | ||||
General and administrative | 67,901 | 35,353 | 113,762 | 140,770 |
Total Expenses | 67,901 | 35,353 | 113,762 | 140,770 |
NET INVESTMENT INCOME(LOSS) | (63,296) | (34,919) | (99,787) | (136,487) |
Other income | ||||
Other Income(Expense) | (6,231) | 0 | 2,236 | 927,318 |
Debt Forgiveness | 0 | 0 | 0 | 138,304 |
Interest expense | (578) | (1,301) | (2,418) | (8,469) |
Total Other Income (Expense) | (6,809) | (1,301) | (182) | 1,057,153 |
INCOME (LOSS) FROM CONTINUING OPERARION BEFORE INCOME TAXES | (70,105) | (36,220) | (99,969) | 920,666 |
Income taxes | 0 | 0 | 0 | 0 |
NET INCOME (LOSS) | $ (70,105) | $ (36,220) | $ (99,969) | $ 920,666 |
BASIC INCOME (LOSS) PER SHARE | ||||
Basic Income (Loss) Per Share | $ 0.000 | $ 0.000 | $ (0.001) | $ 0.006 |
WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING | 167,097,874 | 167,097,874 | 167,097,874 | 162,058,174 |
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- Definition
The aggregate cost of goods produced and sold and services rendered during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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The amount of net income (loss) for the period per each share of common stock or unit outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Difference between the fair value of payments made and the carrying amount of debt which is extinguished prior to maturity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
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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- Definition
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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- Definition
The portion of earnings or loss from continuing operations before income taxes that is attributable to domestic operations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of the cost of borrowed funds accounted for as interest expense. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount after accretion (amortization) of discount (premium), and investment expense, of interest income and dividend income on nonoperating securities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
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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- Definition
Reflects the sum of all other revenue and income recognized by the entity in the period not otherwise specified in the income statement. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The net amount of other operating income and expenses, the components of which are not separately disclosed on the income statement, from items that are associated with the entity's normal revenue producing operations. No definition available.
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- Definition
Total revenue from sale of goods and services rendered during the reporting period, in the normal course of business, reduced by sales returns and allowances, and sales discounts. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The aggregate total costs related to selling a firm's product and services, as well as all other general and administrative expenses. Direct selling expenses (for example, credit, warranty, and advertising) are expenses that can be directly linked to the sale of specific products. Indirect selling expenses are expenses that cannot be directly linked to the sale of specific products, for example telephone expenses, Internet, and postal charges. General and administrative expenses include salaries of non-sales personnel, rent, utilities, communication, etc. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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- Definition
Number of [basic] shares or units, after adjustment for contingently issuable shares or units and other shares or units not deemed outstanding, determined by relating the portion of time within a reporting period that common shares or units have been outstanding to the total time in that period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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