Subsequent Events

12 Months Ended

Dec. 31, 2011

Subsequent Events [Abstract]

Subsequent Events

13.      Subsequent Events

On February 13, 2012, Direct JV Investments Inc, a wholly-owned subsidiary of the Company, entered into a Joint Venture Agreement  with Vulcan Oil & Gas Inc. (“Vulcan”), whereby the Company will from time to time provide financing to certain Vulcan alternative, green and solar energy projects (the “Projects”) with the goal of sharing in any rebates awarded by the government on any of the Projects.  For all Projects in the U.S. residential market, profits and losses from each of the Projects will be allocated at the conclusion of each fiscal year at a ratio of 60% to Vulcan and 40% to the Company.  For all other projects, the profit and loss allocation will be determined on a case by case basis.  There is no guarantee that the Projects will generate any revenues.

On or about June 13, 2011 the Company initiated a complaint against an individual and website for defamation, intentional interference with prospective economic advantage, negligent and violations of business and professions code. The Complaint was filled with the Superior Court of the State of California - County of San Diego.  On August 22, 2011, the defendants filed a notice of motion to strike the complaint under the anti-slapp statute. On September 14, 2011, a request for dismissal, without prejudice was submitted to the court by the Company.

On January 20, 2012 the defendant’s motion was heard by the court and the judge ruled in favor of the defendant and awarded attorney fees and court costs in the amount of $21,462.  The Company has retained an attorney and has filed a motion to vacate the judgment.