v2.4.0.6
STATEMENTS OF CASH FLOWS (USD $)
3 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Net cash used in operating activities $ (26,690) $ (76,240)
Proceeds from affiliates 30,000 74,250
Net cash provided by financing activities 30,000 74,250
Net increase (decrease) in cash 3,310 (1,990)
Cash at beginning of period 526 2,551
Cash at end of period 3,836 561
Stock issued for conversion of debt 73,960 68,421
Conversion of preferred stock into common 64,400 138
Conversion of convertible liabilities 164,000 9,431
Affiliate debentures issued for payment of accounts payable   2,865
Transfer of accrued interest to debentures   10,868
Assignment of related party debt to debentures 72,260 445,114
Related party debt forgiveness recognized in paid-in capital 925,845  
Preferred stock issued for intellectual property 420,000  
Preferred shares for settlement of related party debenture and conversion liability 398,215  
Subscription proceeds placed in escrow 50,000  
Shares issued in settlement of accrued compensation $ 62,563