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6. Receivable from officer and director
12 Months Ended
Dec. 31, 2011
Related Party Transactions Disclosure [Text Block]
6.     Receivable from officer and director

Pursuant to an investigation conducted in 2012, it was determined that an officer and director received $640,000  in December 2010, net of a commission, in connection with a sale of the Company’s common stock he arranged with an outside investor.  This sale was fulfilled with issuance of 2,540,000 shares of common stock issued directly by the Company.  While this officer and director provided the Company with $557,650 of these funds in 2010 and 2011, he was repaid $564,363 during 2011, the net of which was $6,713 and was recorded as a reduction is the loan amount due to him as of June 30, 2011 (see footnotes 12 and 17 for additional information).  Accordingly, the Company recorded a gross receivable of $640,000 from this officer and director in connection with this transaction.  This receivable is presented net of $398,790 of accrued salary due to him as of December 31, 2011, $115,000 of commissions this officer and director has stated were also paid in this transaction and $164,310 of business expenses.  In June 2011 this officer and director used $38,100 of Company funds to pay for a vintage automobile and has not provided documentary proof that the Company owns the automobile.  Accordingly, the company included this $38,100 as receivable from this officer and director. The net effect of this receivable and the offsets is zero. This receivable is subject to revision if this officer and director submits proper documentation regarding ownership of this automobile, business expenses or other amounts due to him.