Quarterly report pursuant to sections 13 or 15(d)

Condensed Consolidated Statement of Shareholders' Equity (Deficit)

v2.3.0.11
Condensed Consolidated Statement of Shareholders' Equity (Deficit) (USD $)
Preferred Stock
Common Stock
Additional Paid-In Capital
Retained Earnings
Total
Beginning Balance at Sep. 02, 2009 $ 0 $ 50,000 $ (50,000) $ 0 $ 0
Balance at September 3, 2009 (Inception) at Sep. 02, 2009 0 1,000,000 0 0 0
Reverse acquisition adjustment 10,000 19,758 (70,515) 0 (40,757)
Reverse acquisition adjustment 10,000,000 395,150 0 0 0
Sale of common (net of derivative liability of warrants of $586,535) 0 3,067 295,398 0 298,465
Sale of common (net of derivative liability of warrants of $586,535) 0 61,333 0 0 0
Reverse Split 1:50 0 (71,369) 71,369 0 0
Net Income (loss) 0 0 0 (6,801,183) (6,801,183)
Balance at Dec. 31, 2009 10,000 1,456 246,252 (6,801,183) (6,543,475)
Balance at September 30, 2011 (unaudited) at Dec. 31, 2009 10,000,000 1,456,483 0 0 0
Common stock issued for debt to founders 0 4,600 0 0 4,600
Common stock issued for debt to founders (Shares) 0 92,000 0 0 0
Common stock issued for services 0 1,058 432,441 0 433,499
Common stock issued for services (Shares) 0 21,167 0 0 0
Common stock issued for conversion of convertible notes (net of derivative liability for conversion feature) and accrued interest 0 6,000 561,872 0 567,872
Common stock issued for conversion of convertible notes and accrued interest (Shares) 0 120,000 0 0 0
Sale of common stock with warrants attached (net of derivative liability on 3,834 warrants of$ 75,839) 0 191 (18,531) 0 (18,340)
Sale of common stock with warrants attached (net of derivative liability on 3,834 warrants of$ 75,839) (Shares) 0 3,834 0 0 0
Common stock issued for cash 0 5,167 1,385,380 0 1,390,547
Common stock issued for cash (Shares) 0 103,333 0 0 0
Warrants issued for services 0 0 6,995,084 0 6,995,084
Reverse Split 1:50 0 (16,675) 16,675 0 0
Net Income (loss) 0 0 0 (5,709,559) (5,709,559)
Balance at Dec. 31, 2010 10,000 1,797 9,619,173 (12,510,742) (2,879,772)
Balance at September 30, 2011 (unaudited) at Dec. 31, 2010 10,000,000 1,796,817 0 0 0
Common stock issued for services 0 454 695,045 0 695,499
Common stock issued for services (Shares) 0 454,711 0 0 0
Sale of common stock 0 333 999,666 0 999,999
Sale of common stock (Shares) 0 333,333 0 0 0
Common stock issued for conversion of convertible notes (net of derivative liability for conversion feature) and accrued interest 0 32,709 52,982 0 85,691
Common stock issued for conversion of convertible notes and accrued interest (Shares) 0 32,708,544 0 0 0
Warrants issued for services 0 0 1,093,328 0 1,093,328
Net Income (loss) 0 0 0 71,807 71,807
Balance at Sep. 30, 2011 $ 10,000 $ 35,293 $ 12,460,194 $ (12,438,935) $ 66,552
Balance at September 30, 2011 (unaudited) at Sep. 30, 2011 10,000,000 35,293,405 0 0 0