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EXCEL - IDEA: XBRL DOCUMENT - 11 GOOD ENERGY INCFinancial_Report.xls
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v2.3.0.11
COMMON STOCK
6 Months Ended
Jun. 30, 2011
Stockholders' Equity Note Disclosure [Text Block]

NOTE 8 – COMMON STOCK


Between August 2009 and February 2010, the Company has received net proceeds of $10,253,069, through the subscription for common stock consisting of 3,977,333 shares of common stock and 1,988,667 warrants. All common shares subscribed were issued during the year ended December 31, 2010. In the six months ended June 30, 2011, the Company received additional gross proceeds of $225,000 from the sale of 22,500 shares of Common Stock and two year Warrants to purchase 45,000 shares, exercisable at $7.50 per share from date of issuance through June 30, 2013.