Annual report pursuant to Section 13 and 15(d)

Shareholders Equity

v2.4.0.6
Shareholders Equity (USD $)
Common Stock
Additional Paid-In Capital
CommonStockWarrants
Retained Earnings / Accumulated Deficit
Total
Beginning Balance, amount at Jan. 24, 2011          
Transfer of deferred revenue from Worlds Inc.   $ (276,950)     $ (276,950)
Stock options for directors and officer transferred from Worlds Inc.   (1,165,563) 1,165,563    
Issuance of common stock for cash investment, shares 526,315        
Issuance of common stock for cash investment, amount 526 299,544     300,070
Issuance of stock options to Directors   195,615     195,615
Net loss for period ended December 31, 2011       (377,410) (377,410)
Ending Balance, amount at Dec. 31, 2011 $ 526 $ (947,354) $ 1,165,563 $ (377,410) $ (158,675)
Ending Balance, shares at Dec. 31, 2011 526,315