v2.4.0.8

Condensed Consolidated Balance Sheets (USD $) | Sep. 30, 2013 | Dec. 31, 2012
--- | --- | ---
CURRENT ASSETS: |  |
Cash | $ 37,012 | $ 11,082
Prepaid expenses and deposits | 576 | 16,829
Total Assets | 37,588 | 27,911
CURRENT LIABILITIES: |  |
Accounts payable and accrued liabilities | 1,091,557 | 1,002,185
Interest payable | 1,948,625 | 1,569,321
Advances payable | 115,613 | 105,613
Lines of credit due to related parties | 5,995,476 | 4,534,287
Promissory notes payable to related parties | 2,861,966 | 2,861,966
Promissory notes payable | 2,424,353 | 2,424,353
Total Liabilities | 14,437,590 | 12,497,725
Capital stock |  |
Shares issued and outstanding : 237,477,909 shares of common stock (December 31, 2012 – 236,477,909 shares) | 237,477 | 236,477
Additional paid-in capital | 33,495,807 | 33,154,436
Accumulated deficit | (48,133,286) | (45,860,727)
Total Stockholders’ Deficit | (14,400,002) | (12,469,814)
Total Liabilities and Stockholders’ Deficit | $ 37,588 | $ 27,911

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- Definition The carrying value as of the balance sheet date of the current portion of long-term obligations drawn from a line of credit from a related party, which is a commitment to make loans up to a specific amount. Examples of items that might be included in the application of this element may consist of letters of credit, standby letters of credit, and revolving credit arrangements, under which borrowings can be made up to a maximum amount as of any point in time conditional on satisfaction of specified terms before, as of and after the date of drawdowns on the line. Includes short-term obligations that would normally be classified as current liabilities but for which (a) postbalance sheet date issuance of a long term obligation to refinance the short term obligation on a long term basis, or (b) the enterprise has entered into a financing agreement that clearly permits the enterprise to refinance the short-term obligation on a long term basis and the following conditions are met (1) the agreement does not expire within 1 year and is not cancelable by the lender except for violation of an objectively determinable provision, (2) no violation exists at the BS date, and (3) the lender has entered into the financing agreement is expected to be financially capable of honoring the agreement. + References No definition available. + Details
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- Definition Excess of issue price over par or stated value of the entity's capital stock and amounts received from other transactions involving the entity's stock or stockholders. Includes adjustments to additional paid in capital. Some examples of such adjustments include recording the issuance of debt with a beneficial conversion feature and certain tax consequences of equity instruments awarded to employees. Use this element for the aggregate amount of additional paid-in capital associated with common and preferred stock. For additional paid-in capital associated with only common stock, use the element additional paid in capital, common stock. For additional paid-in capital associated with only preferred stock, use the element additional paid in capital, preferred stock. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 31 -Article 5 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.30(a)(1)) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 + Details
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