Quarterly report pursuant to Section 13 or 15(d)

CONSOLIDATED STATEMENTS OF CASH FLOWS

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CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
 9 Months Ended 110 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Sep. 30, 2013
Cash Flows From Operating Activities:      
Net income (loss) $ (844,163) $ (2,474,471) $ (15,206,864)
Adjustments to reconcile net loss to net cash provided by (used for) operating activities:      
Amortization & depreciation 582 303 76,931
Compensatory equity issuances 77,433 1,898,957 8,795,251
Asset write offs    850 37,513
Accrued payables 276,650 89,941 2,526,079
Gain on sale of fixed asset    (4,790) (4,790)
Gain on debt reversal (86,878)    (86,878)
Fair value adjustments - equity obligation 70,498    518,635
Note pay. beneficial conversion expense 152,993 140,821 538,621
Original issue discount - interest expense 12,501    74,002
Other       292
Net cash provided by (used for) operating activities (340,384) (348,389) (2,783,710)
Fixed asset purchases (511) (970) (78,356)
Fixed asset sales    4,790 1,250
Net cash provided by (used for) investing activities (511) 3,820 (77,106)
Cash Flows From Financing Activities:      
Notes & loans payable - borrowings 346,232 149,386 1,369,379
Notes & loans payable - payments (52,000)    (90,726)
Repurchase of equity       (250,000)
Stock subscription payable       10,000
Equity issuances 47,500 90,000 1,823,000
Net cash provided by (used for) financing activities 341,732 239,386 2,861,653
Net Increase (Decrease) In Cash 837 (105,183) 837
Cash At The Beginning Of The Period    108,019   
Cash At The End Of The Period 837 2,836 837
Schedule Of Non-Cash Investing And Financing Activities      
Compensatory equity issuances 77,433 1,898,957 8,795,251
Debt converted to capital 49,000 59,000 1,606,875
Note to stock subscription payable       16,000
Supplemental Disclosure      
Cash paid for interest    6,375 14,394
Cash paid for income taxes