XML 16 R2.htm IDEA: XBRL DOCUMENT v2.4.0.6
AMERICAN EAGLE GROUP, INC. (A Development Stage Company) Balance Sheets (Unaudited) (USD $)
Mar. 31, 2012
Dec. 31, 2011
Cash $ 540 $ 51
Total assets 540 51
Accounts payable 28,735 12,400
Interest Payable 199 55
Total current liabilities 28,934 12,455
Series B Cumulative Preferred stock, $0.01 par value; 162,857 shares authorized; 0 issued and outstanding 0 0
Series E Preferred stock, $0.01 par value; 1,000,000 shares authorized, issued and outstanding 10,000 10,000
Common stock, $0.01 par value; 21,000,000 shares authorized; 7,047,098 shares issued and outstanding 70,471 70,471
Additional paid-in capital 46,940,529 46,940,529
Retained earnings (deficit) - prior to development stage (46,974,719) (46,974,719)
Deficit accumulated during development stage (74,675) (58,685)
Total stockholder's equity (deficit) (28,394) (12,404)
Total liabilities and stockholders' equity (deficit) $ 540 $ 51