Annual report pursuant to Section 13 and 15(d)

NOTE 4. NOTES PAYABLE (Details Narrative)

v2.4.0.6
NOTE 4. NOTES PAYABLE (Details Narrative) (USD $)
12 Months Ended 101 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2012
Interest Expense $ 118,194 $ 474,455  
Beneficial Conversion Feature Interest Expense 112,064 70,000 182,064
Note discount (38,072)    (38,072)
Borrowing under convertible notes 110,000    
Fair value adjustments - equity obligation 448,137    448,137
Risk free interest rate 0.08%    
Dividend yield 0.00%    
Notes conversion 27,000    
Notes payable - equity obligation payable $ 463,037    $ 463,037
Minimum [Member]
     
Expected life 2 months    
Volatility 172.00%    
Maximum [Member]
     
Expected life 4 months    
Volatility 197.00%