4. COMMON STOCK

3 Months Ended

Mar. 31, 2012

Stockholders' Equity Note Disclosure [Text Block]

4.  COMMON STOCK

At March 31, 2012, the Company's authorized capital stock was 150,000,000 shares of common stock, par value $0.001 per share, and 10,000,000 shares of preferred stock, par value $0.001 per share.  On that date, the Company had outstanding 35,250,391 shares of common stock, and no shares of preferred stock.

2012 Transactions:  During the three months ended March 31, 2012, the Company issued no shares.

2011 Transactions: During the quarter ended March 31, 2011, the Company issued 3,572 shares of common stock to a shareholder of  Wow Technologies, Inc. valued at $0.22 per share.  The shares were valued at the market price of our common stock on the date of issuance.