Annual report pursuant to section 13 and 15(d)

STATEMENTS OF STOCKHOLDERS' EQUITY (DEFICIT)

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STATEMENTS OF STOCKHOLDERS' EQUITY (DEFICIT) (USD $)
Total
Common Stock
Additional Paid-in Capital
Treasury Stock
Deficit Accumulated During the Development Stage
Beginning Balance at Jan. 24, 2006          
Issuance of common stock for cash at $.004 per share (in shares)   8,437,500      
Issuance of common stock for cash at $.004 per share $ 30,000 $ 1,000 $ 29,000    
Net loss (13,000)       (13,000)
Ending balance at Dec. 31, 2006 17,000 1,000 29,000   (13,000)
Ending balance (in shares) at Dec. 31, 2006   8,437,500      
Net loss (29,000)       (29,000)
Ending balance at Dec. 31, 2007 (12,000) 1,000 29,000   (42,000)
Ending balance (in shares) at Dec. 31, 2007   8,437,500      
Net loss (13,000)       (13,000)
Ending balance at Dec. 31, 2008 (25,000) 1,000 29,000   (55,000)
Ending balance (in shares) at Dec. 31, 2008   8,437,500      
Issuance of common stock for cash at $.004 per share (in shares)   260,955      
Issuance of common stock for cash at $.004 per share 1,000   1,000    
Net loss (25,000)       (25,000)
Ending balance at Dec. 31, 2009 (49,000) 1,000 30,000   (80,000)
Ending balance (in shares) at Dec. 31, 2009   8,698,455      
Net loss (30,000)       (30,000)
Ending balance at Dec. 31, 2010 (79,000) 1,000 30,000   (110,000)
Ending balance (in shares) at Dec. 31, 2010   8,698,455      
Purchase of Treasury Stock (7,000)     (7,000)  
Retirement of Treasury Stock (in shares)   (1,948,455)      
Retirement of Treasury Stock     (7,000) 7,000  
Issuance of 5,750,000 shares of common stock and warrants for cash at $5.00 per share, net of expenses of approximately $404,000 (in shares)   5,750,000      
Issuance of 5,750,000 shares of common stock and warrants for cash at $5.00 per share, net of expenses of approximately $404,000 28,346,000   28,346,000    
Net loss (293,000)       (293,000)
Ending balance at Dec. 31, 2011 $ 27,967,000 $ 1,000 $ 28,369,000   $ (403,000)
Ending balance (in shares) at Dec. 31, 2011   12,500,000