XML 16 R2.htm IDEA: XBRL DOCUMENT v2.4.0.6
CONSOLIDATED BALANCE SHEETS (USD $)
Sep. 30, 2012
Dec. 31, 2011
Current assets    
Cash $ 202,856 $ 63,826
Cash Restricted 4,739,491 5,514,661
Accounts Receivable 388,027 1,250,320
Prepaid Expenses 13,750 3,970
Other receivables 8,490   
Total current assets 5,352,614 6,832,777
Fixed assets, net 118,657 88,720
Deposits 3,551 3,551
Intangible assets, net 287,871 171,775
Total assets 5,762,693 7,096,823
Current liabilities    
Accounts payable and accrued liabilities 904,952 2,001,047
Customer card funding 4,739,491 5,514,661
Notes payable- related parties 538,000 538,000
Convertible note payable 10,000 10,000
Notes payable 244,400 1,943,900
Total current liabilities 6,436,843 10,007,608
Total liabilities 6,436,843 10,007,608
Stockholders' deficit    
Common stock; $0.001 par value; 150,000,000 shares authorized,38,860,891 and 35,250,391 issued and outstanding at September 30, 2012 and December 31, 2011, respectively 38,861 35,250
Additional paid-in capital 5,536,769 4,975,686
Treasury stock at cost, 303,450 shares (150,000) (150,000)
Accumulated deficit (6,159,952) (7,829,104)
Total 3Pea International, Inc.'s stockholders' deficit (734,322) (2,968,168)
Noncontrolling interest 60,172 57,383
Total stockholders' deficit (674,150) (2,910,785)
Total liabilities and stockholders' deficit $ 5,762,693 $ 7,096,823