Quarterly report pursuant to sections 13 or 15(d)

Consolidated Statements of Stockholders' Equity (Deficit)

v2.3.0.11
Consolidated Statements of Stockholders' Equity (Deficit) (USD $)
Common Stock
Additional Paid-In Capital
Noncontrolling Interest
Accumulated Deficit
Total
Beginning Balance, amount at Dec. 31, 2011 $ 60,699 $ 6,959,083 $ (5,366) $ (8,135,049) $ (1,120,633)
Beginning Balance, shares at Dec. 31, 2011 60,698,815        
Common Stock Issued for Cash, shares 950,000        
Common Stock Issued for Cash, amount 950 189,050     190,000
Common Stock Issued for Services, shares 1,486,070        
Common Stock Issued for Services, amount 1,486 323,228     324,714
Common Stock Issued in exchange for repayment of Note Payable, Share 8,727,732        
Common Stock Issued in exchange for repayment of Note Payable, Amount 8,728 1,736,818     1,745,546
Warrants Granted for Debenture Issuance Costs   28,929     28,929
Warrants Granted for Debt Discount   379,688     379,688
Stock Compensation Expense   123,379     123,379
Acquisition of minority interest     5,366   5,366
Net Loss       (1,189,914) (1,189,914)
Ending Balance, amount at Jun. 30, 2012 $ 71,863 $ 9,740,175 $ 0 $ (9,324,963) $ 487,075
Ending Balance, shares at Jun. 30, 2012 71,862,617