Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets (Unaudited)

v2.4.0.6
Condensed Consolidated Balance Sheets (Unaudited) (USD $)
Mar. 31, 2013
Dec. 31, 2012
CURRENT ASSETS:    
Cash $ 20 $ 20
Prepaid expenses 2,000 7,500
Total Assets 2,020 7,520
CURRENT LIABILITIES:    
Accounts payable and accrued expenses 513,566 492,766
Accounts payable - related party 994,974 849,170
Convertible debentures and notes payable, net of debt discounts 237,132 210,110
Derivative liabilities 35,742 50,888
Liabilities for discontinued operations 112,397 112,397
Total Liabilities 1,893,811 1,715,331
STOCKHOLDERS' DEFICIT:    
Common stock; $0.0001 par value; 750,000,000 shares authorized; 253,033,555 shares issued and outstanding 25,303 25,303
Additional paid-in capital 47,859,648 47,859,648
Accumulated deficit (41,947,270) (41,947,270)
Accumulated deficit since inception of exploration stage (April 25, 2011) (7,829,872) (7,645,892)
Total Stockholders' Deficit (1,891,791) (1,707,811)
Total Liabilities and Stockholders' Deficit 2,020 7,520
Series A Preferred Stock
    
STOCKHOLDERS' DEFICIT:    
Preferred stock, $0.0001 par value; 10,000,000 authorized Series A, 3,000,000 issued and outstanding Series B, none issued and outstanding Series C, none issued and outstanding Series D, 1,000,000 issued and outstanding 300 300
Series D Preferred Stock
    
STOCKHOLDERS' DEFICIT:    
Preferred stock, $0.0001 par value; 10,000,000 authorized Series A, 3,000,000 issued and outstanding Series B, none issued and outstanding Series C, none issued and outstanding Series D, 1,000,000 issued and outstanding $ 100 $ 100