CAPITAL TRANSACTIONS

3 Months Ended

Mar. 31, 2012

Stockholders Equity Note [Abstract]

CAPITAL TRANSACTIONS

NOTE 4 – CAPITAL TRANSACTIONS

Capital transactions during the three months ended March 31, 2012 and 2011:

For the three months ended March 31, 2012, the Company issued 6,000,000 shares of common stocks and warrants for 3,000,000 shares for a total consideration of $300,000 to three individuals.

For the three months ended March 31, 2011, the Company issued 1,000,000 shares of common stock to a consultant as a signing bonus for serving as a Director of Strategic Industry Relations. The shares were valued at $60,000 or $0.06 per share based on the current fair value of such shares on the date of the consulting agreement.