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Statements of Operations (USD $)
3 Months Ended 6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Jun. 30, 2011
Jun. 30, 2010
Operating expenses        
General and administrative expenses $ 78,933 $ 88,190 $ 143,480 $ 173,831
Loss from operations (78,933) (88,190) (143,480) (173,831)
Other income (expense)        
Interest and dividend income, net 11,951 17,476 39,143 39,342
Change in fair value of conversion feature (64,544)   (64,544) 0
Realized loss on available-for-sale securities (3,257) (1,176) (853) (249)
Loss before income taxes (134,783) (71,890) (169,734) (134,738)
Income taxes 800 0 800 800
Net loss (135,583) (71,890) (170,534) (135,538)
Other comprehensive income (loss)        
Unrealized gain (loss) on available-for-sale securities (4,299) (1,232) (17,213) 10,019
Comprehensive loss $ (139,882) $ (73,122) $ (187,747) $ (125,519)
Basic net loss per common share $ (0.02) $ (0.01) $ (0.02) $ (0.02)
Diluted net loss per common share $ (0.02) $ (0.01) $ (0.02) $ (0.02)
Weighted average number of shares outstanding:        
Basic 7,907,355 7,726,785 7,882,803 7,714,092
Diluted 7,907,355 7,726,785 7,882,803 7,714,092