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Note 5 - Issuance of Stock	12 Months Ended
Dec. 31, 2012
Notes
Note 5 - Issuance of Stock	NOTE 5 – ISSUANCE OF STOCK During 2012 the Company issued 30,000 shares of common stock in exchange for services valued at $15,000. The valuation was based on the market price at the date of services. During November 2012, the Company negotiated an extension of two notes payable. As part of this negotiation to extend the note, the Company agreed to pay a total of 900,000 shares of common stock. March 2, 2012, the Company accepted $380,000 in private placement funds from accredited investors in exchange for units consisting of seven hundred sixty thousand (760,000) shares of the Company’s common stock, plus three hundred eighty thousand (380,000) warrants with an exercise price of $1.00. During 2011, the Company issued 252,000 shares of common stock in exchange for services valued at $745,800. The valuation was based on the market price at the date of services. The Company issued 2,945,250 shares of common stock as part of cashless exercise of warrants. These warrants were issued combined with a 90 day debt financing. During 2011, 2,200,000 options were granted to officers at $0.50 per share. The value of $11,450,000 was charged to expense along with $2,813,604 related to the 2010 options. During 2012 $8,440,804 was charged to expense related to 2010 options. These valuations are based on the Black Sholes model for; however the exercise price was based on the grant date fair market value of the common stock.

Note 5 - Issuance of Stock

12 Months Ended

Dec. 31, 2012

NOTE 5 – ISSUANCE OF STOCK

During 2012 the Company issued 30,000 shares of common stock in exchange for services valued at $15,000. The valuation was based on the market price at the date of services. During November 2012, the Company negotiated an extension of two notes payable. As part of this negotiation to extend the note, the Company agreed to pay a total of 900,000 shares of common stock. March 2, 2012, the Company accepted $380,000 in private placement funds from accredited investors in exchange for units consisting of seven hundred sixty thousand (760,000) shares of the Company’s common stock, plus three hundred eighty thousand (380,000) warrants with an exercise price of $1.00.

During 2011, the Company issued 252,000 shares of common stock in exchange for services valued at $745,800. The valuation was based on the market price at the date of services. The Company issued 2,945,250 shares of common stock as part of cashless exercise of warrants. These warrants were issued combined with a 90 day debt financing.

During 2011, 2,200,000 options were granted to officers at $0.50 per share. The value of $11,450,000 was charged to expense along with $2,813,604 related to the 2010 options. During 2012 $8,440,804 was charged to expense related to 2010 options. These valuations are based on the Black Sholes model for; however the exercise price was based on the grant date fair market value of the common stock.