Quarterly report pursuant to Section 13 or 15(d)

CONSOLIDATED BALANCE SHEETS

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CONSOLIDATED BALANCE SHEETS (USD $)
Sep. 30, 2011
Dec. 31, 2010
CURRENT ASSETS    
Cash $ 10,396 $ 7,310
Accounts receivable 286,999  
Other current assets 97,313  
Current assets of discontinued operations 1,163  
TOTAL CURRENT ASSETS 395,871 7,310
Property and equipment, net 1,288,695 1,746
License, Net 83,823 88,236
Other assets 45,455  
Other assets of discontinued operations 2,000  
TOTAL ASSETS 1,815,844 97,292
CURRENT LIABILITIES    
Accounts payable and accrued expenses 975,187 125,000
Advances for subscription agreements 592,000  
Advances payable - related party 1,380,406 402,839
Current liabilities of discontinued operations 384,942  
Advances payable - related party of discontinued operations 153,894  
TOTAL CURRENT LIABILITIES 3,486,429 527,839
Note payable 150,000  
Convertible note payable of discontinued operations 50,000  
Beneficial conversion feature of discontinued operations (104,466)  
TOTAL LIABILITIES 3,581,963 527,839
STOCKHOLDERS' EQUITY (DEFICIT)    
Series A Preferred Stock, $0.001 par value; 500,000 shares authorized; zero shares issued and outstanding at September 30, 2011; zero shares issued and outstanding at December 31, 2010;    
Series B Preferred Stock, $0.001 par value; 10,000 shares authorized;10,000 shares issued and outstanding at September 30, 2011;zero shares issued and outstanding at December 31, 2010; 10  
Series C Preferred Stock, $0.001 par value; 22,000 shares authorized;4,510 shares issued and outstanding at September 30, 2011; zero shares issued and outstanding at December 31, 2010; 5  
Common stock; $.001 par value; 500,000,000 shares authorized; 341,735,841 shares issued and outstanding as of September 30, 20119,890 shares issued and outstanding at December 31, 2010; 341,736 9,890
Additional Paid-in capital 321,036 62,328
Accumulated other comprehensive income of discontinued operations (1,589)  
Accumulated deficit (2,427,317) (502,315)
TOTAL STOCKHOLDERS' EQUITY (DEFICIT) (1,766,119) (430,097)
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT) $ 1,815,844 $ 97,742