All Energy Corp - FORM 10-K - XML - IDEA: XBRL DOCUMENT - April 18, 2012

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Balance Sheets (USD $)
Dec. 31, 2011
Dec. 31, 2010
Current assets    
Cash and cash equivalents $ 2,978 $ 31,243
Prepaid expenses    18,807
Total current assets 2,978 50,050
Property and equipment - at cost    
Oil and gas properties, unproved 6,650   
Equipment 3,333 3,333
Less accumulated depreciation (2,990) (2,223)
Total property and equipment - net 6,993 1,110
Total assets 9,971 51,160
Accounts payable and accrued expenses 76,831 80,938
Accrued expenses - related party 70,734 382,521
Note payable and convertible notes, net of unamortized discounts of 193,112 187,588 88,611
Note payable - related party 541,350 71,000
Total current liabilities 876,503 623,070
Preferred stock, $.01 par value; 50,000,000 shares authorized, -0- and -0- shares issued and outstanding      
Common stock, $.01 par value; 700,000,000 shares authorized, 1,820,196 and 1,293,655 shares issued in 2011 and 2010, respectively, and 1,679,196 and 1,152,655 shares outstanding in 2011 and 2010, respectively 18,202 12,936
Additional paid-in capital 17,320,667 16,909,073
Treasury stock, at cost; 141,000 and 141,000 shares in 2011 and 2010, respectively (150,000) (150,000)
Receivable from shareholder (50,000) (50,000)
Accumulated deficit (6,423,944) (6,423,944)
Deficit accumulated during the development stage (11,581,457) (10,869,975)
Total stockholders’ equity (deficit) (866,532) (571,910)
Total liabilities and stockholders’ equity (deficit) $ 9,971 $ 51,160

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