Quarterly report pursuant to Section 13 or 15(d)

NOTE 4. NOTES PAYABLE (Details Narrative)

v2.4.0.8
NOTE 4. NOTES PAYABLE (Details Narrative) (USD $)
3 Months Ended 6 Months Ended 12 Months Ended 107 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Jun. 30, 2013
Jun. 30, 2012
Dec. 31, 2012
Jun. 30, 2013
Interest expense     $ 61,550 $ 40,788    
Beneficial Conversion Feature Interest Expense 56,389 44,035 133,492 20,136 77,103 315,556
Note discount 31,665   31,665   38,072 31,665
Borrowing under convertible notes     75,000   110,000  
Fair value adjustments - equity obligation     389,297    448,137 837,434
Risk free interest rate     0.08%   0.08%  
Dividend yield     0.00%   0.00%  
Notes conversion         27,000  
Notes payable - equity obligation payable $ 832,565   $ 832,565   $ 463,037 $ 832,565
Minimum [Member]
           
Expected life     2 months   2 months  
Volatility     172.00%   172.00%  
Maximum [Member]
           
Expected life     4 months   4 months  
Volatility     197.00%   197.00%