|
Condensed Consolidated Balance Sheets (USD $)
|
Mar. 31, 2013
|
Dec. 31, 2012
|
| Current assets |
|
|
| Cash |
$ 9,059 |
$ 1,852 |
| Advances to employees |
1,659 |
1,659 |
| Total current assets |
10,718 |
3,511 |
| Property and equipment, net of accumulated depreciation of $4,124 and $3,969 |
0 |
155 |
| Deposits |
600 |
600 |
| Total Assets |
11,318 |
4,266 |
| CURRENT LIABILITIES |
|
|
| Accounts payable and accrued expenses |
791,764 |
784,765 |
| Accounts payable, related party |
273,565 |
273,565 |
| Interest payable |
1,093,018 |
1,047,753 |
| Accrued payroll taxes |
383,823 |
374,223 |
| Settlement payable, shareholder |
48,250 |
50,500 |
| Derivative liability |
159,476 |
199,027 |
| Due to officers |
667,662 |
580,962 |
| Note payable, unrelated party |
718,000 |
718,000 |
| Convertible notes payable |
440,000 |
501,000 |
| Notes payable, related-party - current portion |
19,990 |
19,990 |
| Total current liabilities |
4,595,548 |
4,549,785 |
| LONG-TERM LIABILITIES |
|
|
| Notes payable, unrelated-party, net of current portion and discount of $202,508 and $218,758, respectively |
122,492 |
106,242 |
| Notes payable, related-party, net of current portion and discount $123,275 and $135,775, respectively |
169,316 |
156,816 |
| Total liabilities |
4,887,356 |
4,812,843 |
| SHAREHOLDERS' EQUITY (DEFICIT): |
|
|
| Common stock; 250,000,000 shares authorized with no par value; 179,660,554 and 119,151,297 issued and outstanding at March 31, 2013 and December 31, 2012, respectively |
8,977,785 |
8,639,161 |
| Additional paid-in capital |
1,700,214 |
1,700,214 |
| Deficit accumulated during development stage |
(15,554,037) |
(15,147,952) |
| Total shareholders' deficiency |
(4,876,038) |
(4,808,577) |
| Total liabilities and shareholders' deficiency |
$ 11,318 |
$ 4,266 |