RELATED PARTY TRANSACTIONS

12 Months Ended

Dec. 31, 2012

Related Party Transactions [Abstract]

RELATED PARTY TRANSACTIONS

NOTE I - RELATED PARTY TRANSACTIONS

For the years ended December 31, 2012 and 2011, the Company incurred salary expenses from the Chief Executive Officer of the Company of $305,000. For December 31, 2012, $80,000 has been paid for the year. The unpaid balance has been included in accrued expenses- related party. As of December 31, 2012 and 2011, the accrued salary is $483,039 and $251,107, respectively. As of December 31, 2012 and 2011, the Company owes the former CEO $158,898, which is also included in accrued expenses- related party.