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SANGUINE CORPORATION & SUBSIDIARY (A Development Stage Company) Consolidated Balance Sheets (Unaudited) (USD $)
Mar. 31, 2012
Dec. 31, 2011
CURRENT ASSETS    
Cash $ 1,858 $ 1,436
Total Current Assets 1,858 1,436
PROPERTY AND EQUIPMENT, NET 239 284
TOTAL ASSETS 2,097 1,720
CURRENT LIABILITIES    
Accounts payable 254,371 261,814
Accrued interest 20,059 14,539
Related party payable 407,641 357,641
Convertible promissory notes payable, net of debt discounts of $49,778 and $64,461, respectively 157,422 121,739
Total Current Liabilities 839,493 755,733
Total Liabilities 839,493 755,733
COMMITMENTS AND CONTINGENCIES 0 0
SHAREHOLDERS' DEFICIT    
Preferred stock, 10,000,000 shares authorized of $0.001 par value, 75,000 and 150,000 shares issued and outstanding, respectively 75 75
Common stock, 200,000,000 shares authorized of $0.001 par value, 7,246,822 and 6,682,072 shares issued and outstanding, respectively 7,247 7,247
Additional paid in capital 9,820,611 9,817,416
Deficit accumulated during the development stage (10,665,329) (10,578,751)
Total Shareholders' Deficit (837,396) (754,013)
TOTAL LIABILITIES AND SHAREHOLDERS' DEFICIT $ 2,097 $ 1,720