COMMON STOCK	9 Months Ended
Sep. 30, 2012
Notes to Financial Statements
NOTE 12 - COMMON STOCK	The Company has authorized 250,000,000 shares of $0.001 par value per share Common Stock, of which 66,538,869 and 50,018,625 shares were issued outstanding as of September 30, 2012 and December 31, 2011. The activity surrounding the issuances of the Common Stock is as follows: Nine Months Ended September 30, 2012 During the nine months ended September 30, 2012, the Company issued 1,171,750 shares of common stock at $0.13 per share upon the conversion of $152,500 of outstanding convertible debentures. The Company issued 1,800,000 shares of common stock and warrants for net cash proceeds of $450,000 at $0.25 per share. The Company has allocated $180,550 of the total $450,000 net cash proceeds to the value of the warrants. The Company issued 3,606,048 shares of common stock for services rendered to the Company valued at $748,814, based on the market price of the stock on the date of issuance. The Company issued 744,000 shares of common stock and warrants to satisfy stock subscriptions obligations outstanding at December 31, 2011. During the nine months ended September 30, 2012, the Company issued 1,698,446 shares of common stock issued in advance of services. The value of $491,233 was based on the market price on the date of issuance. The value of these shares has been capitalized and will be recognized in expenses over the life of the agreements under which they were issued. On May 23, 2012, the Company agreed to issue 6,500,000 shares of common stock as consideration for the purchase of 100 percent of the outstanding shares of Motion Pixel Corporation Holdings (see Note 5). On September 6, 2012, the Company agreed to issue 1,000,000 shares of common stock as performance consideration for the mobile app licensing rights from the NFLPA. Fiscal Year Ended December 31, 2011 During the fiscal year ended December 31, 2011, the Company issued 2,500,000 shares of common stock for net cash proceeds of $250,000 at $0.10 per share and 360,000 shares of common stock for cash and convertible notes payable of $180,000, of which $50,000 was received from related parties. The Company issued 1,761,000 shares of common stock for services rendered to the Company valued at $513,731, based on the market price of the stock on the date of issuance. The Company issued a total of 10,000,000 shares of common stock valued at $3,100,000 based on the market price of the stock on the date of issuance, and options to purchase 1,000,000 shares of common stock valued at $513,150 to acquire three wholly-owned subsidiaries, one of which was completed on January 10, 2012. During the fiscal year ended December 31, 2011, the Company issued 2,397,625 shares of common stock issued in advance of services. The value being based on the market price on the date of issuance valued at $431,573. The value of these shares has been capitalized and will be recognized in expenses over the life of the agreements under which they were issued. The Company also received $186,000 in cash for stock subscriptions payable. As of the date of this report, the Company has satisfied its obligations relating to the stock subscriptions payable through the issuance of 744,000 shares of common stock and warrants at $0.25 per share.

COMMON STOCK

9 Months Ended

Sep. 30, 2012

The Company has authorized 250,000,000 shares of $0.001 par value per share Common Stock, of which 66,538,869 and 50,018,625 shares were issued outstanding as of September 30, 2012 and December 31, 2011. The activity surrounding the issuances of the Common Stock is as follows:

Nine Months Ended September 30, 2012

During the nine months ended September 30, 2012, the Company issued 1,171,750 shares of common stock at $0.13 per share upon the conversion of $152,500 of outstanding convertible debentures. The Company issued 1,800,000 shares of common stock and warrants for net cash proceeds of $450,000 at $0.25 per share. The Company has allocated $180,550 of the total $450,000 net cash proceeds to the value of the warrants. The Company issued 3,606,048 shares of common stock for services rendered to the Company valued at $748,814, based on the market price of the stock on the date of issuance. The Company issued 744,000 shares of common stock and warrants to satisfy stock subscriptions obligations outstanding at December 31, 2011.

During the nine months ended September 30, 2012, the Company issued 1,698,446 shares of common stock issued in advance of services. The value of $491,233 was based on the market price on the date of issuance. The value of these shares has been capitalized and will be recognized in expenses over the life of the agreements under which they were issued.

On May 23, 2012, the Company agreed to issue 6,500,000 shares of common stock as consideration for the purchase of 100 percent of the outstanding shares of Motion Pixel Corporation Holdings (see Note 5).

On September 6, 2012, the Company agreed to issue 1,000,000 shares of common stock as performance consideration for the mobile app licensing rights from the NFLPA.

Fiscal Year Ended December 31, 2011

During the fiscal year ended December 31, 2011, the Company issued 2,500,000 shares of common stock for net cash proceeds of $250,000 at $0.10 per share and 360,000 shares of common stock for cash and convertible notes payable of $180,000, of which $50,000 was received from related parties. The Company issued 1,761,000 shares of common stock for services rendered to the Company valued at $513,731, based on the market price of the stock on the date of issuance. The Company issued a total of 10,000,000 shares of common stock valued at $3,100,000 based on the market price of the stock on the date of issuance, and options to purchase 1,000,000 shares of common stock valued at $513,150 to acquire three wholly-owned subsidiaries, one of which was completed on January 10, 2012.

During the fiscal year ended December 31, 2011, the Company issued 2,397,625 shares of common stock issued in advance of services. The value being based on the market price on the date of issuance valued at $431,573. The value of these shares has been capitalized and will be recognized in expenses over the life of the agreements under which they were issued. The Company also received $186,000 in cash for stock subscriptions payable. As of the date of this report, the Company has satisfied its obligations relating to the stock subscriptions payable through the issuance of 744,000 shares of common stock and warrants at $0.25 per share.