Quarterly report pursuant to Section 13 or 15(d)

Condensed Interim Statements of Operations

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Condensed Interim Statements of Operations (USD $)
3 Months Ended 8 Months Ended 9 Months Ended 20 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Sep. 30, 2011
Sep. 30, 2012
Sep. 30, 2012
Revenue $ 0 $ 0 $ 0 $ 0 $ 0
General and administrative expenses 362,401 316,308 490,663 984,807 1,774,166
Loss from operations (362,401) (316,308) (490,663) (984,807) (1,774,166)
Other income          
Interest income 2,652 3,547 5,389 7,897 15,937
Net loss attributable to common shares outstanding $ (359,749) $ (312,761) $ (485,274) $ (976,910) $ (1,758,229)
Weighted average number of common shares outstanding, basic and diluted (in shares) 5,367,385 5,245,222 4,881,541 5,336,181 5,146,605
Net loss per common share outstanding, basic and diluted $ (0.07) $ (0.06) $ (0.10) $ (0.18) $ (0.34)