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Convertible Note and Derivative Liability
12 Months Ended
Dec. 31, 2012
Convertible Note and Derivative Liability [Abstract]  
CONVERTIBLE NOTE AND DERIVATIVE LIABILITY
NOTE 7 - CONVERTIBLE NOTE AND DERIVATIVE LIABILITY
 
On February 25, 2011 a stockholder loaned the company $7,000. The loan had an interest rate of 10% and was due on demand.
  
On June 10, 2011, the Company issued a $50,000 convertible note to the same stockholder that had previously loaned the Company $7,000. The note was issued with interest at 10% per annum, due within one year and converts at a discount of 25% of the closing bid for the Company’s common stock on the date of conversion. As required by ASC 470-20 the Company recorded a debt discount in the amount of $16,667 based on the discount to market available at the time of conversion. The discount was to be amortized over the life of the loan to interest expense. In addition, an initial derivative liability value of $64,828 was calculated using the Black Scholes pricing model using one year to maturity and assuming a risk free rate of 0.19% and a volatility of 429%. 
 
On December 29, 2011, the note holder converted the entire principle of $57,000 and $3,358 of interest into 402,385 shares of common stock. The shares were issued at $0.15, which represented a 25% discount to the closing price of $0.20. The remaining debt discount was expensed to interest expense. Total interest expense resulting from amortization of the debt discount was $16,667 for the year ended December 31, 2011. In addition, a derivative liability value of $66,087 immediately prior to conversion was calculated using the Black Scholes pricing model using half a year to maturity and assuming a risk free rate of 0.07% and a volatility of 728%. The total derivative liability of $66,087 was charged to additional paid in capital upon conversion.
 
On June 10, 2012, the Company issued a $25,000 convertible note to a stockholder. The note was issued with interest at 10% per annum, due within one year and converts at a discount of 25% of the closing bid for the Company’s common stock on the date of conversion. As required by ASC 470-20 the Company recorded a debt discount in the amount of $8,333 based on the discount to market available at the time the note was issued. The discount is to be amortized over the life of the loan to interest expense. On December 27, 2012 the note was converted in full and the remainder of the unamortized debt discount was charged to interest expense.
 
On July 30, 2012, the Company issued a $25,000 convertible note to a stockholder. The note was issued with interest at 10% per annum, due within one year and converts at a discount of 25% of the closing bid for the Company’s common stock on the date of conversion. As required by ASC 470-20 the Company recorded a debt discount in the amount of $8,333 based on the discount to market available at the time the note was issued. The discount is to be amortized over the life of the loan to interest expense. On December 27, 2012 the note was converted in full and the remainder of the unamortized debt discount was charged to interest expense.
 
On September 14, 2012, the Company issued a $50,000 convertible note to a stockholder. The note was issued with interest at 10% per annum, due within one year and converts at a discount of 25% of the closing bid for the Company’s common stock on the date of conversion. As required by ASC 470-20 the Company recorded a debt discount in the amount of $16,667 based on the discount to market available at the time the note was issued. The discount is to be amortized over the life of the loan to interest expense. On December 27, 2012 the note was converted in full and the remainder of the unamortized debt discount was charged to interest expense.
 
All notes converted on December 27, 2012, were converted at $0.15 per share as determined by management; however, per the terms of the convertible notes conversions were to be at a discount of 25% which on the date of conversion was $0.26. The Company issued 689,053 shares of common stock and recognized a loss of $77,518.