Quarterly report pursuant to Section 13 or 15(d)

Balance Sheets

v2.4.0.6
Balance Sheets (USD $)
Sep. 30, 2012
Dec. 31, 2011
Current Assets    
Cash   $ 38,993
Prepaid Expenses   20,483
Total Current Assets   59,476
Other Assets    
Inventory     
Advances     
Deposit   10,610
Total Other Assets   10,610
Fixed Assets:    
Furniture Fixtures & Equipment   40,036
Accumulated Depreciation   (4,841)
Total Fixed Assets   35,195
Total Assets   105,281
Liabilities:    
Accounts Payable   36,765
Other Payable   1,600
Loan from Shareholders   5,470
Payroll Tax Payable     
Notes Payable 125,065   
Accrued Interest     
Accrued Expenses   265,200
Total Current Liabilities   309,035
Non-Current Liabilities:    
Notes Payable- Includes Accrued Interest of $1,388 ($10,950 at December 31, 2011)   118,450
Total Non-Current Liabilities   118,450
Total Liabilities   427,485
Stockholders' Equity (Deficit):    
Common Stock par value .001 authorized 300,000,000 shares, Issued 16,138,226 and 15,021,150 shares, respectively   15,021
Additional Paid in Capital   2,271,751
Stock Subscription Receivable   (147,000)
Deficit Accumulated During the Development Stage   (2,461,976)
Total Stockholders' Deficit   (322,204)
Total Liabilities and Stockholders' Deficit   105,281
Unaudited
    
Current Assets    
Cash 150,668  
Prepaid Expenses 66,650  
Total Current Assets 217,318  
Other Assets    
Inventory 34,644  
Advances 8,432  
Deposit 10,610  
Total Other Assets 53,686  
Fixed Assets:    
Furniture Fixtures & Equipment 90,686  
Accumulated Depreciation (15,475)  
Total Fixed Assets 75,211  
Total Assets 346,215  
Liabilities:    
Accounts Payable 100,758  
Other Payable     
Loan from Shareholders 5,470  
Payroll Tax Payable 12,553  
Notes Payable 107,565  
Accrued Interest 14,400  
Accrued Expenses 516,592  
Total Current Liabilities 757,338  
Non-Current Liabilities:    
Notes Payable- Includes Accrued Interest of $1,388 ($10,950 at December 31, 2011) 18,888  
Total Non-Current Liabilities 18,888  
Total Liabilities 776,226  
Stockholders' Equity (Deficit):    
Common Stock par value .001 authorized 300,000,000 shares, Issued 16,138,226 and 15,021,150 shares, respectively 16,138  
Additional Paid in Capital 2,666,837  
Stock Subscription Receivable     
Deficit Accumulated During the Development Stage (3,112,986)  
Total Stockholders' Deficit (430,011)  
Total Liabilities and Stockholders' Deficit $ 346,215