v2.4.0.8
Statements of Operations (Unaudited) (USD $)
3 Months Ended 9 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Sep. 30, 2014
Sep. 30, 2013
REVENUES:        
Royalty income $ 490 $ 390 $ 2,220 $ 715
Consulting fees 30,000    50,000   
Total revenue 30,490 390 52,220 96
OPERATING EXPENSES:        
General & administrative 256,769 68,720 1,189,428 185,016
Total operating expenses 256,769 82,679 1,189,428 (185,016)
(LOSS) FROM OPERATIONS (226,279) (68,326) (1,137,208) (184,301)
OTHER INCOME AND EXPENSES:        
Bad debt expense (262,341)    (262,341)   
Gain (loss) on note conversion to stock (333,600)    (514,928) (603,500)
Rental income 42,000    70,000   
Gain (loss) on beneficial conversion 10,298 516,834 12,971 (461,792)
Interest expense (3,853) (5,567) (13,850) (19,948)
Loss on debt restructuring          
Total other income and expenses (547,496) 511,267 (708,148) (1,085,240)
Net Income (loss) before income taxes (773,775) 442,941 (1,845,356) (1,269,541)
Provision for income taxes            
NET INCOME (LOSS) $ (773,775) $ 442,941 $ (1,845,356) $ (1,712,482)
Net income/(loss) per common share-basic (Note A) $ (0.003) $ 0.004 $ (0.008) $ (0.01)
Net income/(loss) per common stock-assuming fully diluted (Note A)    $ 0.003      
Weighted average number of common shares outstanding-basic 245,278,703 125,996,094 221,395,361 119,368,674
Weighted average number of common shares outstanding-fully diluted   133,348,182