Annual report pursuant to section 13 and 15(d)

STATEMENTS OF OPERATIONS

v2.4.0.6
STATEMENTS OF OPERATIONS (USD $)
12 Months Ended 71 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2011
REVENUE         
OPERATING EXPENSES:      
General and administrative expenses and taxes 291,000 26,000 392,000
LOSS FROM OPERATIONS (291,000) (26,000) (392,000)
OTHER (EXPENSE)      
Interest expense - related party (2,000) (4,000) (11,000)
Total other (expense) (2,000) (4,000) (11,000)
NET LOSS $ (293,000) $ (30,000) $ (403,000)
BASIC AND DILUTED NET LOSS PER SHARE $ (0.04) $ 0.00 $ (0.05)
WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING, BASIC AND DILUTED 8,168,000 8,698,000 8,328,000