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AMERICAN EAGLE GROUP, INC. (A Development Stage Company) Balance Sheets (Unaudited) (USD $)
Jun. 30, 2012
Dec. 31, 2011
Cash $ 142 $ 51
Total assets 142 51
Accounts payable 1,500 0
Related party notes payable 29,235 12,400
Related party interest payable 261 55
Total current liabilities 30,996 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 (77,135) (58,685)
Total stockholder's equity (deficit) (30,854) (12,404)
Total liabilities and stockholders' equity (deficit) $ 142 $ 51