Quarterly report pursuant to Section 13 or 15(d)

Statements of Operations

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Statements of Operations (Unaudited, USD $)
3 Months Ended 9 Months Ended
Sep. 30, 2011
Sep. 30, 2010
Sep. 30, 2011
Sep. 30, 2010
Unaudited
       
REVENUES $ 21,917 $ 1,899 $ 25,715 $ 5,697
EXPENSES        
General and administrative 10,828 52,415 39,933 58,539
Depreciation (Note 5) 0 0 0 0
Total Expenses 10,828 52,415 39,933 58,539
NET INVESTMENT INCOME(LOSS) 11,089 (50,516) (14,218) (52,842)
Interest income 0 0 17 0
Interest expense (9,644) (9,144) (28,932) (27,432)
Total Other Income (Expense) (9,644) (9,144) (28,915) (27,432)
INCOME (LOSS) FROM CONTINUING OPERARION BEFORE INCOME TAXES 1,445 (59,660) (43,133) (80,274)
Income taxes (Note 2) 0 0 0 0
NET INCOME (LOSS) $ 1,445 $ (59,660) $ (43,133) $ (80,274)
BASIC INCOME (LOSS) PER SHARE        
Basic Income (Loss) Per Share (Note 2) $ 0.000 $ 0.000 $ 0.000 $ (0.001)
WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING 144,419,925 138,336,592 143,975,481 138,336,592