Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Stockholders' Equity

v2.4.0.6
Consolidated Statements of Stockholders' Equity (USD $)
Common Stock [Member]
Additional Paid-In Capital [Member]
Accumulated Other Comprehensive Income (Loss) [Member]
Noncontrolling Interest [Member]
Retained Earnings [Member]
Treasury Stock [Member]
Total
Balance at Dec. 31, 2009 $ 250 $ 5,255,624 $ (84,000) $ 0 $ (3,917,853) $ (536,003) $ 718,018
Balance (in shares) at Dec. 31, 2009 2,492,752            
Common stock issued for:              
Consultants 1 24,999 0 0 0 0 25,000
Consultants (in shares) 15,572            
Amounts due related party 3 58,787 0 0 0 0 58,790
Amounts due related party (in shares) 33,594            
Accounts payable 1 17,499 0 0 0 0 17,500
Accounts payable (in shares) 10,000            
Director fees 2 42,498 0 0 0 0 42,500
Director fees (in shares) 20,000            
Beneficial conversion feature of convertible notes payable 0 56,660 0 0 0 0 56,660
Available-for-sale securities 0 0 152,027 0 0 0 152,027
Purchase treasury stock 0 0 0 0 0 (680) (680)
Non-controlling interest 0 0 0 42,528 0 0 42,528
Net loss 0 0 0 (18,353) (1,011,565) 0 (1,029,918)
Balance at Dec. 31, 2010 257 5,456,067 68,027 24,175 (4,929,418) (536,683) 82,425
Balance (in shares) at Dec. 31, 2010 2,571,918            
Common stock issued for:              
Convertible notes payable and accrued interest 41 731,046 0 0 0 0 731,087
Convertible notes payable and accrued interest (in shares) 412,286            
Services 3 74,570 0 0 0 0 74,573
Services (in shares) 27,750            
Cash 0 500 0 0 0 0 500
Cash (in shares) 167            
Available-for-sale securities contributed by CEO 0 125,331 0 0 0 0 125,331
Warrants sold, net 0 20,608 0 0 0 0 20,608
Amortize warrants 0 35,247 0 0 0 0 35,247
Sell treasury stock 0 16,137 0 0 0 10,263 26,400
Available-for-sale securities 0 0 (13,005) 0 0 0 (13,005)
Non-controlling interest 0 0 0 1,673,270 0 0 1,673,270
Foreign translation loss 0 0 (6,357) 0 0 0 (6,357)
Net loss 0 0 0 (5,426) (1,103,390) 0 (1,108,816)
Balance at Dec. 31, 2011 $ 301 $ 6,459,506 $ 48,665 $ 1,692,019 $ (6,032,808) $ (526,420) $ 1,641,263
Balance (in shares) at Dec. 31, 2011 3,012,121