Quarterly report pursuant to Section 13 or 15(d)

Statements of Operations (Unaudited)

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Statements of Operations (Unaudited) (USD $)
3 Months Ended 8 Months Ended 9 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Sep. 30, 2011
Sep. 30, 2012
Revenues        
Revenue $ 219 $ 25,237 $ 75,546 $ 651
Total 219 25,237 75,546 651
Cost of Revenue 4,800 10,575 12,675 15,048
Gross Profit (loss) (4,581) 14,662 62,871 (14,397)
Directors fees paid with options       195,615   
Common stock issued for services rendered 57,000      104,500
Selling, General & Admin. 41,178 39,812 140,440 130,091
Payroll and related taxes 69,212 73,205 92,128 135,271
Operating (loss) (171,971) (98,355) (365,312) (384,259)
Loss on investment          (6,523)
Unrealized loss on investment (10,000)       (35,500)
Net (Loss) $ (181,971) $ (98,355) $ (365,312) $ (426,282)
Weighted Average Loss per share (basic and fully diluted) $ (0.01) $ (0.19) $ (3.74) $ (0.02)
Weighted Average Common Shares Outstanding 24,411,549 526,315 97,726 18,221,740