Quarterly report pursuant to Section 13 or 15(d)

BALANCE SHEETS

v2.4.0.6
BALANCE SHEETS (USD $)
Jun. 30, 2011
Dec. 31, 2010
ASSETS    
Cash $ 9,391 $ 7,310
Other current assets 579   
Current assets of discontinued operations 1,149   
Total current assets 11,119 7,310
Property and Equipment, Net 1,037,199 1,746
License, Net 85,295 88,236
Other assets of discontinued operations 2,000   
TOTAL ASSETS 1,135,613 97,292
LIABILITIES AND STOCKHOLDERS' DEFICIT    
Accounts payable and accrued expenses 777,250 125,000
Advances payable - related party 1,340,132 402,389
Current liabilities of discontinued operations 379,743   
Note payable - related party of discontinued operations 153,804   
Total current liabilities 2,650,929 527,389
Convertible note payable of discontinued operations 50,000   
Beneficial conversion feature of discontinued operations (110,269)   
TOTAL LIABILITIES 2,590,660 527,389
STOCKHOLDERS' DEFICIT    
Preferred stock, $0.001 par value: 2,000,000 shares authorized;Series A Preferred Stock, $0.001 par value; 500,000 shares authorized;zero shares issued and outstanding at June 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 June 30, 2011;zero shares issued and outstanding at December 31, 2010; 10   
Common stock; $.001 par value; 500,000,000 shares authorized;334,727,476 shares issued and outstanding as of June 30, 20,119,890 shares issued and outstanding at December 31, 2010; 334,727 9,890
Additional Paid-in capital (284,828) 62,328
Accumulated other comprehensive income of discontinued operations (738)   
Accumulated deficit (1,504,218) (502,315)
Total stockholders' deficit (1,455,047) (430,097)
TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT $ 1,135,613 $ 97,292