Quarterly report pursuant to sections 13 or 15(d)

COMMON STOCK (Details Narrative)

v2.3.0.11
COMMON STOCK (Details Narrative) (USD $)
6 Months Ended
Jun. 30, 2012
Integer
Dec. 31, 2011
Common Stock Shares Authorized 250,000,000 250,000,000
Common Stock Par Value $ 0.001 $ 0.001
Votes for each common stock 1  
Dividends $ 0  
Convertible note principal 1,305,488  
Value of common stock issued to various consultants 1,258,412  
Trade accounts payable 54,442  
Convertible Debt 1
   
Convertible debt, amount 17,000  
Convertible debt, interest 5.00%  
Convertible debt, terms Warrants equivalent to 20% of the principal balance, respectively, and convert upon the next equity financing.  
Convertible Debt 2
   
Convertible debt, amount 500,000  
Convertible debt, terms $500,000 and $230,000 of convertible note principal and related accrued interest convert at two-thirds the price per share of the Next Equity Financing and the $500,000 of convertible note principal have warrants equivalent to 100% of the principal balance and the $230,000 of convertible note principal have no warrants attached.  
Convertible Debt 3
   
Convertible debt, amount 230,000  
Convertible debt, terms $500,000 and $230,000 of convertible note principal and related accrued interest convert at two-thirds the price per share of the Next Equity Financing and the $500,000 of convertible note principal have warrants equivalent to 100% of the principal balance and the $230,000 of convertible note principal have no warrants attached.  
Convertible Debt 4
   
Convertible debt, amount 211,750  
Convertible debt, interest 6.00%  
Convertible debt, terms $211,750 of convertible note principal having interest at 6%, can convert at prices ranging from $0.02 to $0.10 per share at anytime at the option of the note holder, and have no warrants. As of June 30, 2012, $83,750 of the principal of this $211,750 convertible debt has converted to common shares.  
Convertible Debt 5
   
Convertible debt, amount 90,000  
Convertible debt, interest 6.00%  
Convertible debt, terms $90,000 of convertible note principal having interest at 6%, can convert at $0.10 or $0.20 per share at anytime at the option of the note holder and warrants equivalent to 100%. As of June 30, 2012, $57,000 of the principal of this $90,000 convertible debt has converted to common shares.  
Convertible Debt 6
   
Convertible debt, amount 244,988  
Convertible debt, interest 8.50%  
Convertible debt, terms $244,988 of convertible note principal, having an interest rate of 8.5%. no warrants, can convert at $0.11 per share at anytime at the option of the note holder.  
Convertible Debt 7
   
Convertible debt, amount 91,500  
Convertible debt, interest 8.00%  
Convertible debt, terms $91,500 of convertible note principal, having and interest rate of 8%, no warrants, can convert at 50-55% of the average of the two-three lowest trading days of the prior 10-60 trading days, there is a 180 day waiting period before the holder has the option to convert to common shares.  
Convertible Debt 8
   
Convertible debt, amount 9,500  
Convertible debt, terms $9,500 of convertible note principle was issued as part of a unit debt instrument which consisted of a return on investment (“ROI”) agreement and a convertible promissory note in return for $10,000. The ROI has a redemption value of $10,500 due on demand and the convertible promissory note is for $9,500, non-interest bearing, due September 20, 2012, and is convertible to common shares after six months from the date of the note at a conversion price that is 50% of the lowest trading price over the 20 prior trading dates from the date of conversion notice. The common share effect of the convertible debt is not included in the above schedule since the number of shares will not be determinable until the Next Equity Financing. (See Note 8)  
Convertible Debt 9
   
Convertible debt, amount 30,000  
Convertible debt, interest 12.00%  
Convertible debt, terms $30,000 of convertible note principal, having interest of 12% per annum, compounded monthly, can convert any time at the option of the note holder, conversion at 55% of the lowest trading price over the prior three trading days from the date of conversion.  
Convertible Debt 10
   
Convertible debt, amount $ 21,500  
Convertible debt, interest 12.00%  
Convertible debt, terms $21,500 of convertible note principal, having interest of 12% per annum, can convert anytime at the option of the note holder, can convert at 55% of the average of the three lowest trading prices over the prior ten trading days from the date of conversion.