|
Balance Sheets (USD $)
|
Dec. 31, 2011
|
Dec. 31, 2010
|
|---|---|---|
| Current assets: | ||
| Cash and cash equivalents | $ 4,978 | $ 68,689 |
| Accounts receivable | 7,195 | 45,915 |
| Prepaid expenses and other current assets | 1,100 | 7,336 |
| Total current assets | 13,273 | 121,940 |
| Property & equipment less accumulated depreciation and depletion | 255,215 | 255,215 |
| Other assets | 58,442 | 0 |
| Total assets | 326,930 | 377,155 |
| Current liabilities: | ||
| Accounts payable and accrued liabilities | 11,487 | 149,065 |
| Notes payable - related party | 100,000 | 0 |
| Total current liabilities | 111,487 | 149,065 |
| Stockholders' equity: | ||
| Common stock | 85,564 | 83,069 |
| Additional paid in capital | 14,136,432 | 13,904,142 |
| Accumulated deficit | (14,006,553) | (13,759,121) |
| Total stockholders' equity | 215,443 | 228,090 |
| Total liabilities and stockholders' equity | $ 326,930 | $ 377,155 |