Annual report pursuant to Section 13 and 15(d)

Shareholders Equity

v2.4.0.8
Shareholders Equity (USD $)
Common Stock
Additional Paid-In Capital
Common Stock Subscribed But Not Issued
Common Stock Warrants
Accumulated Deficit
Total
Beginning Balance, amount at Dec. 31, 2011   $ (947,354) $ 526 $ 1,165,563 $ (377,410) $ (158,675)
Beginning Balance, shares at Dec. 31, 2011     526,315      
Stock Dividend, shares 23,859,248         23,859,248
Stock Dividend, amount 23,859       (23,859) 0
Common stock issued to officer for accrued expense, shares 25,987          
Common stock issued to officer for accrued expense, amount 26 14,787       14,813
Issuance of common stock for cash investment, shares 526,314   (526,315)      
Issuance of common stock for cash investment, amount 526   (256)       
Common stock subscribed for prepaid compensation, shares     400,000      
Common stock subscribed for prepaid compensation, amount   227,600 400     228,000
Issuance of stock options to Directors, amount   181,646       181,646
Issuance of Common Stock for services rendered, shares 1,000,000          
Issuance of Common Stock for services redered, amount 1,000 29,000       30,000
Net loss for the year ended             (809,540) (809,540)
Ending Balance, amount at Dec. 31, 2012 25,412 (494,321) 400 1,165,563 (1,210,809) (513,755)
Ending Balance, shares at Dec. 31, 2012 25,411,549   400,000      
Stock Dividend, shares 5,936,115         5,936,115
Stock Dividend, amount 5,936       (5,936)   
Common stock issued to officer for accrued expense, shares 476,884          
Common stock issued to officer for accrued expense, amount 477 32,906       33,383
Issuance of stock options to Directors, amount   3,198       3,198
Net loss for the year ended         (535,607) (535,607)
Ending Balance, amount at Dec. 31, 2013 $ 31,825 $ (458,218) $ 400 $ 1,165,563 $ (1,752,351) $ (1,012,782)
Ending Balance, shares at Dec. 31, 2013 31,824,548   400,000