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7. COMMON STOCK
3 Months Ended
Mar. 31, 2012
Stockholders' Equity Note Disclosure [Text Block]
7.            COMMON STOCK

Stock issued for conversion of convertible debt

On March 22, 2012, Mr. Hickson provided notice to the Company to convert his entire principal and accrued interest of his outstanding convertible note into common stock of the Company.  As such, the Company issued 3,448,276 shares of common stock at $0.29 (based on contractual terms of the note) related to the principal and 199,315 shares of common stock at $0.24 (based on market price at time of transaction) for interest or a total of 3,647,591 shares of common stock in retirement of all outstanding obligations related to this convertible note. (See note 4)