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Equity Transactions
3 Months Ended
Mar. 31, 2013
Equity [Abstract]  
Equity Transactions

6. EQUITY TRANSACTIONS

 

As of March 31, 2013, the company has outstanding: (i) 46,033,565 shares of common stock; and, (ii) preferred stock that is convertible into 1,450,000 shares of common stock, resulting on a fully diluted basis, 47,483,565 shares of common stock. The company has 50,000,000 shares of common stock authorized by our Articles of Incorporation.