Crown Equity (CRWE) 10-K/A 21 Jan 14 2012 FY Annual report (amended) Financial data

Document_and_Entity_Informatio

Document and Entity Information (USD $)	12 Months Ended
	Dec. 31, 2012	Jun. 26, 2013	Jun. 20, 2013
Document And Entity Information	'	'	'
Entity Registrant Name	'Crown Equity Holdings, Inc.	'	'
Entity Central Index Key	'0001103833	'	'
Document Type	'10-K	'	'
Document Period End Date	31-Dec-12	'	'
Amendment Flag	'false	'	'
Current Fiscal Year End Date	'--12-31	'	'
Is Entity a Well-known Seasoned Issuer?	'No	'	'
Is Entity a Voluntary Filer?	'No	'	'
Is Entity's Reporting Status Current?	'No	'	'
Entity Filer Category	'Smaller Reporting Company	'	'
Entity Public Float	'	'	$1,319,373
Entity Common Stock, Shares Outstanding	'	878,192,502	'
Document Fiscal Period Focus	'FY	'	'
Document Fiscal Year Focus	'2012	'	'

CONSOLIDATED_BALANCE_SHEETS

CONSOLIDATED BALANCE SHEETS (USD $)	Dec. 31, 2012	Dec. 31, 2011
Current assets:	'	'
Cash and cash equivalents	$1,209	$84,325
Marketable securities	105,000	82,400
Accounts receivable	'	12,395
Prepaid expenses	35,000	2,400
Total current assets	141,209	181,520
Property and equipment, net of accumulated depreciation of $54,705 and $29,732, respectively	19,286	44,208
Equity method investment held in related party	132,988	737,377
Total assets	293,483	963,105
Current liabilities:	'	'
Accounts payable and accrued expenses	132,002	182,697
Notes payable to related parties	109,819	95,209
Notes payable	2,000	'
Deferred revenue from related party	'	193,219
Total current liabilities	243,821	471,125
Stockholders' Equity:	'	'
Preferred stock; $0.001 par value, 100,000,000 shares authorized, 99,000,000 undesignated authorized Series A convertible preferred stock; $0.001 par value, 1,000,000 shares authorized, 0 and 600,000 shares issued and outstanding, respectively	'	600
Common stock, $0.001 par value, 4,900,000,000 authorized, 880,325,835and 798,360,078 issued and outstanding, respectively	880,326	798,361
Additional paid-in capital	7,938,818	7,673,372
Accumulated deficit	-8,769,482	-7,980,353
Total stockholders' equity	49,662	491,980
Total liabilities and stockholders' equity	$293,483	$963,105

CONSOLIDATED_BALANCE_SHEETS_Pa

CONSOLIDATED BALANCE SHEETS (Parenthetical) (USD $)	Dec. 31, 2012	Dec. 31, 2011
Current Assets:	'	'
Accumulated depreciation of property and equipment (in dollars)	$54,705	$29,732
Stockholders' Equity:	'	'
Preferred stock, par value (in dollars per share)	$0.00	$0.00
Preferred stock, shares authorized	100,000,000	100,000,000
Preferred stock, undesignated authorized	99,000,000	99,000,000
Series A convertible preferred stock, par value (in dollars per share)	$0.00	$0.00
Series A convertible preferred stock, shares authorized	1,000,000	1,000,000
Series A convertible preferred stock, shares issued	0	600,000
Series A convertible preferred stock, shares outstanding	0	600,000
Common stock, par value (in dollars per share)	$0.00	$0.00
Common stock, shares authorized	4,900,000,000	4,900,000,000
Common stock, shares issued	880,325,835	798,360,078
Common stock, shares outstanding	880,325,835	798,360,078

CONSOLIDATED_STATEMENTS_OF_OPE

CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)	12 Months Ended
	Dec. 31, 2012	Dec. 31, 2011
Consolidated Statements Of Operations	'	'
Revenue	$2,554	$989,033
Revenue from related party	21,800	581,781
Total revenue	24,354	1,570,814
Direct material costs	8,588	6,420
Operating expenses:	'	'
General and administrative expense	346,651	1,989,524
Depreciation	24,973	19,209
Loss from operations	-355,858	-444,339
Other income (expenses):	'	'
Other income	2,972	1,064
Realized loss on marketable securities	-4,484	-84,841
Unrealized gain (loss) on marketable securities	28,000	-1,435,600
Interest expense	-43,865	-11,668
Impairment of equity method investment in related party	-172,617	'
Loss on equity method investment in related party	-234,581	-37,623
Loss on debt extinguishment	-7,200	'
Other expense	-1,496	-8,787
Total other expenses	-433,271	-1,577,455
Net loss	-789,129	-2,021,794
Deemed dividend on series A convertible preferred stock	'	-600,000
Net loss attributable to common stockholders	($789,129)	($2,621,794)
Net loss per share, basic and diluted	$0	$0
Weighted average number of shares outstanding, basic and diluted	856,423,784	786,135,684

CONSOLIDATED_STATEMENTS_OF_STO

CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY (USD $)	Preferred Stock	Common Stock	Additional Paid-In Capital	Accumulated Deficit	Total
Beginning Balance, Amount at Dec. 31, 2010	'	$753,737	$6,222,775	($5,958,559)	$1,017,953
Beginning Balance, Shares at Dec. 31, 2010	'	753,737,071	'	'	'
Issuance of common stock for services, Amount	'	44,624	851,197	'	895,821
Issuance of common stock for services, Shares	'	44,623,007	'	'	'
Issuance of preferred stock for cash, Amount	600	'	599,400	'	600,000
Issuance of preferred stock for cash, Shares	600,000	'	'	'	'
Beneficia conversion feature on debt	'	'	'	'	'
Beneficial conversion feature on preferred stock	'	'	600,000	'	600,000
Deemed dividend on preferred stock	'	'	-600,000	'	-600,000
Net loss	'	'	'	-2,021,794	-2,021,794
Ending Balance, Amount at Dec. 31, 2011	600	798,361	7,673,372	-7,980,353	491,980
Ending Balance, Shares at Dec. 31, 2011	600,000	798,360,078	'	'	'
Issuance of common stock for services, Amount	'	15,778	223,333	'	239,111
Issuance of common stock for services, Shares	'	15,779,045	'	'	'
Common stock issued for preferred stock, Amount	-600	60,000	-59,400	'	'
Common stock issued for preferred stock, Shares	-600,000	60,000,000	'	'	'
Issuance of common stock for cash, Amount	'	1,000	9,000	'	10,000
Issuance of common stock for cash, Shares	'	1,000,000	'	'	1,000,000
Stock returned and cancelled, Amount	'	-713	713	'	'
Stock returned and cancelled, Shares	'	-713,288	'	'	'
Stock issued for debt, Amount	'	5,900	60,300	'	66,200
Stock issued for debt, Shares	'	5,900,000	'	'	'
Beneficia conversion feature on debt	'	'	31,500	'	31,500
Net loss	'	'	'	-789,129	-789,129
Ending Balance, Amount at Dec. 31, 2012	'	$880,326	$7,938,818	($8,769,482)	$49,662
Ending Balance, Shares at Dec. 31, 2012	'	880,325,835	'	'	'

CONSOLIDATED_STATEMENTS_OF_CAS

CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)	12 Months Ended
	Dec. 31, 2012	Dec. 31, 2011
Cash flows from operating activities:	'	'
Net loss	($789,129)	($2,021,794)
Adjustments to reconcile net loss to net cash used in operating activities:	'	'
Depreciation expense	24,973	19,209
Common stock issued for services	239,111	895,821
Amortization of debt discount	31,500	'
Bad debt expense	12,395	'
Unrealized (gain) loss on marketable securities	-28,000	1,435,600
Realized loss on marketable securities	4,484	84,841
Marketable securities received for revenue	'	-705,857
Securities held in related party equity method investee received for related party revenue	'	-581,781
Impairment of equity method investment held in related party	172,617	'
Loss on equity method investment held in related party	234,581	37,623
Loss on extinguishment of debt	7,200	'
Changes in operating assets and liabilities:	'	'
Accounts receivable	'	-1,730
Prepaid expenses	-32,600	'
Accounts payable and accrued expenses	-50,695	-2,801
Deferred revenue	'	-216,095
Net cash used in operating activities	-173,563	-1,056,964
Cash flows from investing activities:	'	'
Proceeds from the sale of marketable securities	4,888	398,767
Cash paid for acquisition of fixed assets	-51	-7,205
Net cash provided by investing activities	4,837	391,562
Cash flows from financing activities:	'	'
Proceeds from the issuance of related party debt	14,610	'
Proceeds from issuance of preferred stock	'	600,000
Proceeds from issuance of common stock	10,000	'
Proceeds from the issuance of convertible debt	35,000	'
Proceeds from the issuance of debt	26,000	'
Net cash provided by financing activities	85,610	600,000
Net decrease in cash	-83,116	-65,402
Cash - beginning of year	84,325	149,727
Cash - end of year	1,209	84,325
SUPPLEMENT DISCLOSURES:	'	'
Interest paid	13	48
Income taxes paid	'	'
NONCASH INVESTING AND FINANCING ACTIVITIES:	'	'
Common stock issued for the conversion of preferred stock	60,000	'
Common stock issued for the conversion of debt	59,000	'
Beneficial conversion feature on debt	31,500	'
Common stock returned and cancelled	713	'
Related party deferred revenue written-off against carrying value of equity method investment in related party	193,219	'
Equity method investment received for related party deferred revenue	'	193,219
Deemed dividend beneficial conversion feature on convertible preferred stock	'	$600,000

NATURE_OF_BUSINESS_AND_SUMMARY

NATURE OF BUSINESS AND SUMMARY OF ACCOUNTING POLICIES	12 Months Ended
	Dec. 31, 2012
Notes to Financial Statements	'
NOTE 1 - NATURE OF BUSINESS AND SUMMARY OF ACCOUNTING POLICIES	'
	Nature of Business
	Crown Equity Holdings Inc. (”Crown Equity” or the “Company”) was incorporated in August 1995 in Nevada. The Company offers its services to companies seeking to become public entities in the United States. It has launched a website, www.crownequityholdings.com, which offers its services in a wide range of fields. The Company provides various consulting services to companies and individuals dealing with corporate structure and operations globally.
	In 2010, the Company formed two subsidiaries Crown Tele Service, Inc. and Crown Direct, Inc. Crown Tele will provide voice over IP messaging at a competitive price to other competitors and Crown Direct will provide its client with direct sales of products.
	In 2011, the Company formed a wholly owned subsidiary CRWE Real Estate, Inc. CRWE Real Estate will hold real estate.
	Principles of Consolidation
	The consolidated financial statements include the financial information of Crown Equity Holdings and its wholly owned subsidiaries, Crown Tele, Inc., Crown Direct, Inc. and CRWE Real Estate, Inc. All significant inter-company accounts and transactions have been eliminated.
	Use of Estimates
	The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities at the date of the balance sheet. Actual results could differ from those estimates.
	Cash and Cash Equivalents
	Crown Equity considers all highly liquid investments purchased with an original maturity of three months or less to be cash equivalents.
	Stock-Based Compensation
	The Company accounts for stock-based compensation to employees in accordance with ASC 718 requiring employee equity awards to be accounted for under the fair value method. Accordingly, share-based compensation is measured at grant date, based on the fair value of the award and is recognized as expense over the requisite employee service period. The Company accounts for stock-based compensation to other than employees in accordance with FASB ASC 505-50. Equity instruments issued to other than employees are valued at the earlier of a commitment date or upon completion of the services, based on the fair value of the equity instruments and is recognized as expense over the service period. The Company estimates the fair value of share-based payments using the Black-Scholes option-pricing model for common stock options and the closing price of the company’s common stock for common share issuances.
	Revenue Recognition
	Crown Equity’s revenue is recognized pursuant to ASC 605 “Revenue Recognition.” The Company recognizes its revenue from services as those services are performed. Revenue recognition is limited to the amount that is not contingent upon delivery of any future service or meeting other specified performance conditions.
	Services are normally completed as described on the sales invoice issued for the service provided. In most cases the services is a one-time completion and recognized when the service is completed. If a service is provided over a time period that exceeds 30 days the revenue is recognized on a monthly basis at the end of the month in which it is completed.
	Contract revenues include royalties under license. Contract revenue related to technology licenses is fully recognized only after the license period has commenced, the technology has been delivered and no further involvement of Crown Equity is required.
	Crown Equity receives payment for its services in both cash and equity instruments issued by the customer. The equity instruments are accounted for in accordance with the provisions of ASC 718 “Compensation – Stock Compensation” and is based on the fair value of the consideration received or the fair value of the equity instrument issued, whichever is more reliably measurable. The measurement date of the fair value of the equity instrument issued is the date on which the Company fully vests in the shares received. The company is fully vested in the stock it received on the date of receipt of the shares. Services that are not preformed within the period are recognized as deferred revenue.
	During 2012, the Company’s ownership interest in a related party exceeded the level required to report using the equity method for stock received in lieu of fair market valuation. In addition, 2011 was restated to reflect the equity method.
	Based on these valuation methods, during 2012 and 2011 the Company received marketable equity securities accounted for as available-for-sale securities and equity securities in equity method investees valued at an aggregate of $0 and $1,287,638, respectively for payment of services provided by the Company and equity securities valued at $0 and $193,219 which were recorded as deferred revenue as of December 31, 2012 and 2011, respectively.
	Allowance for Doubtful Accounts
	The Company establishes an allowance for bad debts through a review of several factors including historical collection experience, current aging status of the customer accounts, and financial condition of our customers. The Company does not generally require collateral for our accounts receivable. There was no allowance for doubtful accounts as of December 31, 2012 and 2011. Bad debt expense was $12,395 and $0, during the years ended December 31, 2012 and 2011, respectively.
	Concentrations
	During 2012 and 2011, 89.5% and 37.0% of total revenue, respectively, was generated from a single related party customer, Cleantech Transit, Inc., which has common officers and directors as the Company.
	General and Administrative Expenses
	Crown Equity’s general and administrative expenses consisted of the following types of expenses during 2012 and 2011: Compensation expense, payroll expense, rent, travel and entertainment, legal and accounting, utilities, web sites, office expenses, depreciation and other administrative related expenses.
	Marketable Securities
	In accordance with Accounting Standards Codification 825 an entity is permitted to irrevocably elect fair value on a contract-by-contract basis for new assets or liabilities within the scope of ASC 825 as the initial and subsequent measurement attribute for those financial assets and liabilities and certain other items including property and casualty insurance contracts. Entities electing the fair value option are required to (i) recognize changes in fair value in earnings and (ii) expense any upfront costs and fees associated with the item for which the fair value option is elected. Entities electing the fair value option are required to distinguish, on the face of the statement of financial position, the fair value of assets and liabilities for which it has elected the fair value option, and similar assets and liabilities measured using another measurement attribute. An entity can accomplish this either by reporting the fair value and non-fair-value carrying amounts as separate line items or by aggregating those amounts and disclosing parenthetically the amount of fair value included in the aggregate amount.
	Crown Equity adopted ASC 825 in the third quarter of fiscal 2009 and elected the fair value option for all their marketable securities. Management has elected the fair value option as management believes it best reflects the true market value of the securities at the date of valuation.
	The Company reports the change in value of the securities as realized or unrealized gains or losses on a quarterly basis against earnings. The gain or loss is calculated as the difference between the acquiring value and the closing market value at the end of the reporting period. For securities purchased, the acquiring value is the fair value of the securities on the date they are acquired. For securities received as payment for revenue transactions, the acquiring value is the fair value of the securities on the date the Company receives the shares as this is the date the company is fully vested in the stock.
	Equity Method Investments
	For investments that represent significant influence in the investee, the Company follows ASC 323 Investments—Equity Method and Joint Ventures when recognizing these investments in the consolidated financial statements. Under this method, any net income or net loss must be recorded against the Company’s investment, not to exceed the original investment and recognized as additional income or loss on the Company’s income statement. Crown evaluates the carrying value of its equity method investments for impairment. During 2012, Crown recognized an impairment loss of $172,617 on it equity method investment.
	During 2012, the Company’s ownership percentage in Cleantech Transit, Inc., a related party due to common officers and directors, increased to more than 20% and the Company began accounting for this investment under the equity method. The Company’s ownership percentage in Cleantech Transit, Inc. was 42.53% and 4.55% as of December 31, 2012 and 2011, respectively.
	Change in Accounting Principle
	During 2012, the Company changed its policy for accounting for its investment in Cleantech Transit, Inc., a related party, common stock. During 2011, the Company accounted for this investment as an available-for-sale security. In 2012, the Company’s ownership percentage increased to more than 20%. The Company changed its accounting policy in accordance with ASC 323 Investments—Equity Method and Joint Ventures. The consolidated financial statements presented herein have been retroactively restated to reflect the change in accounting principle.
	The following table presents the comparative effect of the change in accounting principle and its impact on key components of the Company’s consolidated balance sheet as of December 31, 2011:
		31-Dec-11
		As Previously			As
		Reported			Revised
	Marketable securities held in related party	$	480,000		$	--
	Total current assets		661,520			181,520
	Equity method investments held in related party		--			737,377
	Total assets		705,728			963,105
	Accumulated deficit		(8,237,730	)		(7,980,353	)
	Total stockholders’ equity		234,603			491,980
	Total liabilities and stockholders’ equity	$	705,728		$	963,105
	The following table presents the comparative effect of the change in accounting principle and its impact on key components of the Company’s consolidated statement of operations for the year ended December 31, 2011:
		Year Ended
		31-Dec-11
		As Previously			As
		Reported			Revised
	Unrealized loss on marketable securities	$	(1,730,600	)	$	(1,435,600	)
	Loss on equity method investment in related party		--			(37,623	)
	Total other expense		(1,834,810	)		(1,577,455	)
	Net loss		(2,279,171	)		(2,021,794	)
	Net loss attributable to common stockholders	$	(2,879,171	)	$	(2,621,794	)
	The following table presents the comparative effect of the change in accounting principle and its impact on key components of the Company’s consolidated statement of cash flows for the year ended December 31, 2011:
		Year Ended
		31-Dec-11
		As Previously			As
		Reported			Revised
	Cash flows from operating activities:
	Net loss	$	(2,279,171	)	$	(2,021,794	)
	Adjustments to reconcile net loss to net cash
used in operating activities:
Unrealized loss on related party marketable securities		295,000			--
Marketable securities received for related party revenue		(581,781	)		--
Securities held in related party equity method investee received for related party revenue		--			(581,781	)
Loss on equity method investments held in related party	$	--		$	37,623
Property and Equipment
Property and equipment are carried at the cost of acquisition or construction and depreciated over the estimated useful lives of the assets. Costs associated with repair and maintenance are expensed as incurred. Costs associated with improvements which extend the life, increase the capacity or improve the efficiency of our property and equipment are capitalized and depreciated over the remaining life of the related asset. Gains and losses on dispositions of equipment are reflected in operations. Depreciation is calculated using the straight-line method over the estimated useful lives of the assets, which are 3 to 5 years.
Impairment of Long-Lived Assets
The Company reviews the carrying value of its long-lived assets annually or whenever events or changes in circumstances indicate that the historical-cost carrying value of an asset may no longer be appropriate. The Company assesses recoverability of the asset by comparing the undiscounted future net cash flows expected to result from the asset to its carrying value. If the carrying value exceeds the undiscounted future net cash flows of the asset, an impairment loss is measured and recognized. An impairment loss is measured as the difference between the net book value and the fair value of the long-lived asset. Fair value is estimated based upon either discounted cash flow analysis or estimated salvage value. No impairment charge was recorded in 2012 or 2010.
Basic and Diluted Net Loss per Share
Basic and diluted net loss per share calculations are calculated on the basis of the weighted average number of common shares outstanding during the year. They include the dilutive effect of common stock equivalents in years with net income. Basic and diluted net loss per share are the same due to the absence of common stock equivalents.
Income Taxes
Crown Equity recognizes deferred tax assets and liabilities based on differences between the financial reporting and tax basis of assets and liabilities using the enacted tax rates and laws that are expected to be in effect when the differences are expected to be recovered. Crown Equity provides a valuation allowance for deferred tax assets for which it does not consider realization of such assets to be more likely than not.
Fair Value of Financial Instruments
The Company's financial instruments consist of cash, marketable securities and debt. The carrying amount of these financial instruments approximates fair value due either to length of maturity or interest rates that approximate prevailing market rates unless otherwise disclosed in these consolidated financial statements.
Reclassifications
Certain prior period amounts have been reclassified to conform to current period presentation.
Recently Issued Accounting Pronouncements
Crown Equity does not expect the adoption of any recently issued accounting pronouncements to have a significant impact on their financial position, results of operations or cash flows.

GOING_CONCERN

GOING CONCERN	12 Months Ended
	Dec. 31, 2012
Notes to Financial Statements	'
NOTE 2 - GOING CONCERN	'
	As shown in the accompanying consolidated financial statements, Crown Equity has an accumulated deficit of $8,769,482 and a working capital deficit of $102,612 as of December 31, 2012 and incurred a net loss of $789,129 during 2012. Unless profitability and increases in stockholders’ equity continues, these conditions raise doubt as to Crown Equity's ability to continue as a going concern. The consolidated financial statements do not include any adjustments that might be necessary if Crown Equity is unable to continue as a going concern.
	Crown Equity continues to review its expense structure reviewing costs and their reduction to move towards profitability. The Company’s expenses are planned to decrease as a percent of revenue resulting in profitability and increased shareholders’ equity.

MARKETABLE_SECURITIES

MARKETABLE SECURITIES	12 Months Ended
	Dec. 31, 2012
Notes to Financial Statements	'
NOTE 3 - MARKETABLE SECURITIES	'
	Marketable securities are classified as available-for-sale and are presented in the balance sheet at fair market value.
	Per Accounting Standards Codification 820 “Fair Value Measurement”, fair values defined establishes a framework for measuring fair value under generally accepted accounting principles and expands disclosures about fair value measurements. ASC 820 does not require any new fair value measurements.
	ASC 820 establishes a valuation hierarchy for disclosure of the inputs to valuation used to measure fair value. This hierarchy prioritizes the inputs into three broad levels as follows:
	Level 1: Quoted market prices in active markets for identical assets or liabilities
	Level 2: Observable market based inputs or unobservable inputs that are corroborated by market data
	Level 3: Unobservable inputs that are not corroborated by market data
	Crown Equity has classified these marketable securities at level 1 with a fair value of $105,000 and $82,400 as of December 31, 2012 and 2011, respectively.
	During 2011, the Company received marketable securities valued at $705,857 for revenue. No marketable securities were acquired during 2012. During the years ended December 31, 2012 and 2011, the Company reported realized losses of $4,484 and $84,841 and unrealized gains of $28,000 and unrealized losses of $1,730,600, respectively, on its investments in marketable securities.

EQUITY_METHOD_INVESTMENT_HELD_

EQUITY METHOD INVESTMENT HELD IN RELATED PARTY	12 Months Ended
	Dec. 31, 2012
Notes to Financial Statements	'
NOTE 4 - EQUITY METHOD INVESTMENT HELD IN RELATED PARTY	'
	The Company’s ownership percentage in Cleantech Transit, Inc. was 42.53% and 4.55% as of December 31, 2012 and 2011, respectively. Beginning in 2012, the Company began accounting for this investment under the equity method. It was accounted for as an available-for-sale investment during 2011. The consolidated financial statements for 2011 presented herein have been retroactively restated to reflect the change in accounting principal.
	As of December 31, 2012 and 2011, the carrying value of the equity method investment held in related party was $132,988 and $737,377, respectively. During 2012, the Company received equity securities in its related party equity method investee valued at $0 for related party revenue. During 2011, the Company received equity securities in its related party equity method investee valued at $581,781 and $193,219 for related party revenue and related party deferred revenue, respectively. The related party deferred revenue was written-off against the carrying value of the equity method investment during 2012. Aggregate losses recognized on the equity method investment held in related party were $234,581 and $37,623 during the year ended December 31, 2012 and 2011, respectively. As of December 31, 2012, Crown determined the carrying value of its equity method investment was impaired and an impairment loss of $172,617 was recognized.

PROPERTY_AND_EQUIPMENT

PROPERTY AND EQUIPMENT	12 Months Ended
	Dec. 31, 2012
Notes to Financial Statements	'
NOTE 5 - PROPERTY AND EQUIPMENT	'
	Property and equipment consisted of the following at December 31, 2012 and 2011:
		2012			2011
	Computer equipment (useful lives of 3 to 5 years)	$	73,991		$	73,940
	Less: accumulation depreciation		(54,705	)		-29,732
	Net property and equipment	$	19,286		$	44,208
	Depreciation expense totaled $24,973 and $19,209 during 2012 and 2011, respectively.

NOTES_PAYABLE

NOTES PAYABLE	12 Months Ended
	Dec. 31, 2012
Notes to Financial Statements	'
NOTE 6 - NOTES PAYABLE	'
	During 2012, the Company borrowed an aggregate of $61,000 under three notes payable as follows:
	·	Two 60-day unsecured notes bearing interest at 6% per annum for $10,000 and $14,000
	·	One 60-day note for $35,000 bearing no interest that automatically converts into 3,500,000 shares of the Company stock if the note is not paid within the 60 day time period.
	·	A demand non-interest bearing note for $2,000 from a non-related party.
	The $10,000 and $14,000 notes were paid during 2012 through the issuance of 2,400,000 common shares. The fair value of the common shares was determined to be $31,200 resulting in a loss on the extinguishment of debt of $7,200.
	The Company evaluated the $35,000 note for a beneficial conversion feature on the loan commitment date and determined that a beneficial conversion feature existed. The intrinsic value of the beneficial conversion feature was determined to be $31,500. This beneficial conversion feature was recognized as interest expense on the date the loan became convertible. The $35,000 note was not repaid by its maturity date and it was converted into the 3,500,000 common shares.
	As of December 31, 2012 and 2011, the aggregate outstanding principal on third party notes payable was $2,000 and $0, respectively.

RELATED_PARTY_TRANSACTIONS

RELATED PARTY TRANSACTIONS	12 Months Ended
	Dec. 31, 2012
Notes to Financial Statements	'
NOTE 7 - RELATED PARTY TRANSACTIONS	'
	On December 2, 2009, the Company signed a one year lease for 2,400 square feet of office space. The rent for the space is $2,400 per month. The landlord is related to one of the officers of the Company. The lease was renewed on January 1, 2012, however, during 2012, the lease was terminated by mutual consent and the offices were vacated by the Company.
	During 2012, the Company paid four related parties $11,250 in cash and issued 7,218,580 shares of common stock with a value of $116,538 for officer and director services. In the year ended December 31, 2011 the Company paid four related parties $169,500 and issued $169,250 of common stock to the same parties and accrued $44,250 for officer and director services.
	On November 20, 2009, the Company converted accounts payable and advances from Montse Zaman, a related party, of $71,184 to a three year unsecured note maturing on November 19, 2012. Interest is incurred at 12% per annum unless the principal and interest are not paid by maturity at which time the interest rate accelerates to 18% per annum. During 2010 the related party advanced the Company an additional $8,000 bringing the total principal amount under the note as of December 31, 2012 and 2011 to $79,184.
	During 2012, Montse Zaman made multiple advances totaling $12,610 to the Company. The debt is unsecured, carries zero interest and is due on demand.
	During 2012, the Company borrowed $1,000 from Tisa Capital Corp which is controlled by a related party. The debt is unsecured, carries zero interest and is due on demand.
	During 2007, the Company borrowed $12,700 from Phoenix Consulting Services Inc. controlled by a related party. The loan is unsecured and matured on April 1, 2008 and accrued interest at 12% per annum. The note can be converted into common shares of the company at the holder’s option at a conversion price to be determined in the future. Amounts outstanding under this agreement subsequent to April 1, 2008 accrue interest at 18% per annum. On November 20, 2009, the note including principal and interest totaling $16,025 was converted to a long term note due November 19, 2012 with principal and interest due at maturity. If the principal and interest are not paid by maturity, the interest rate accelerates to 18% per annum. The unpaid principal amount on this note was $16,025 as of December 31, 2011. During 2012, Phoenix Consulting advanced an additional $1,000 to the Company bringing the total principal amount under the note to $17,025 as of December 31, 2012.
	During June 2011, the Company entered into a service agreement with Cleantech Transit, Inc. which is a related party due to common directors and officers. The Company provided consulting services to Cleantech from April 1, 2011 through March 31, 2012 in return for 5,000,000 shares of Cleantech common stock. The fair value of the stock received was determined to be $775,000 of which $581,781 was recognized as revenue during 2011 and $193,219 was recorded as deferred revenues as of December 31, 2011. The deferred revenue was written-off against the carrying value of the equity method investment during the year ended December 31, 2012.
	In April 2012 the Company extended its contract with Cleantech Transit, Inc. through April 30, 2013. Under the terms of the agreement the Company receives $22,000 per month payable in either in cash or stock at the option of Cleantech Transit. During the year ended December 31, 2012 the Company received an aggregate of 105,953,152 shares of Cleantech stock valued at $0 and received $21,800 in cash. The shares received from Cleantech were accounted as an equity method investment held in related party in the consolidated balance sheets (see Note 4).

STOCKHOLDERS_EQUITY

STOCKHOLDERS' EQUITY	12 Months Ended
	Dec. 31, 2012
Notes to Financial Statements	'
NOTE 8 - STOCKHOLDERS' EQUITY	'
	In December, 2007, the Company adopted the Crown Equity Holdings, Inc. Consultants and Employees Stock Plan for 2007. Under the Plan, 10,000,000 shares are reserved for issuance to employees, officers, directors, advisors and consultants.
	During 2011, the Company issued 44,623,007 common shares with a value of $895,821 for services.
	During 2011, the Company issued 600,000 shares of Class A preferred shares for $600,000 cash. Each share is convertible into 100 common shares at the option of the holder. Crown Equity evaluated the convertible preferred stock under FASB ASC 470-20-30 and determined it contained a beneficial conversion feature. The intrinsic value of the beneficial conversion feature was determined to be $600,000. The beneficial conversion feature was fully amortized and recorded as a deemed dividend.
	During 2012, the Company issued:
	·	15,779,045 common shares for services with a value of $239,111
	·	60,000,000 common shares for the conversion of 600,000 preferred shares
	·	1,000,000 common shares for cash of $10,000,
	·	and 5,900,000 common shares for the conversion of notes payable valued at $66,200 (see Note 6).
	During 2012, the Company also cancelled 713,288 shares originally issued to an independent contractor upon his resignation from the company.

INCOME_TAXES

INCOME TAXES	12 Months Ended
	Dec. 31, 2012
Notes to Financial Statements	'
NOTE 9 - INCOME TAXES	'
	The Company follows ASC 740, Accounting for Income Taxes. During 2009, there was a change in control of the Company. Under section 382 of the Internal Revenue Code such a change in control negates much of the tax loss carry forward and deferred income tax. Deferred income taxes reflect the net tax effects of (a) temporary differences between the carrying amounts of assets and liabilities for financial reporting purposes and the amounts used for income tax reporting purposes, and (b) net operating loss carry forwards. For federal income tax purposes, the Company uses the accrual basis of accounting, the same that is used for financial reporting purposes.
	The Company did not have taxable income during 2012 or 2011.
	The Company’s deferred tax assets consisted of the following as of December 31, 2012 and 2011:
		2012			2011
	Net operating loss	$	203,000		$	1,000
	Valuation allowance		(203,000	)		(1,000	)
	Net deferred tax asset	$	-		$	-
	As of December 31, 2012, the company’s accumulated net operating loss carry forward was approximately $580,000 and will begin to expire in the year 2031.

SUBSEQUENT_EVENTS

SUBSEQUENT EVENTS	12 Months Ended
	Dec. 31, 2012
Notes to Financial Statements	'
NOTE 10 - SUBSEQUENT EVENTS	'
	On April 4, 2013, an aggregate of 2,133,333 common shares previously issued for services were returned to the company and cancelled.

NATURE_OF_BUSINESS_AND_SUMMARY1

NATURE OF BUSINESS AND SUMMARY OF ACCOUNTING POLICIES (Policies)	12 Months Ended
	Dec. 31, 2012
Nature Of Business And Summary Of Accounting Policies Policies	'
Nature of Business	'
	Crown Equity Holdings Inc. (”Crown Equity” or the “Company”) was incorporated in August 1995 in Nevada. The Company offers its services to companies seeking to become public entities in the United States. It has launched a website, www.crownequityholdings.com, which offers its services in a wide range of fields. The Company provides various consulting services to companies and individuals dealing with corporate structure and operations globally.
	In 2010, the Company formed two subsidiaries Crown Tele Service, Inc. and Crown Direct, Inc. Crown Tele will provide voice over IP messaging at a competitive price to other competitors and Crown Direct will provide its client with direct sales of products.
	In 2011, the Company formed a wholly owned subsidiary CRWE Real Estate, Inc. CRWE Real Estate will hold real estate.
Principles of Consolidation	'
	The consolidated financial statements include the financial information of Crown Equity Holdings and its wholly owned subsidiaries, Crown Tele, Inc., Crown Direct, Inc. and CRWE Real Estate, Inc. All significant inter-company accounts and transactions have been eliminated.
Use of Estimates	'
	The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities at the date of the balance sheet. Actual results could differ from those estimates.
Cash and Cash Equivalents	'
	Crown Equity considers all highly liquid investments purchased with an original maturity of three months or less to be cash equivalents.
Stock-Based Compensation	'
	The Company accounts for stock-based compensation to employees in accordance with ASC 718 requiring employee equity awards to be accounted for under the fair value method. Accordingly, share-based compensation is measured at grant date, based on the fair value of the award and is recognized as expense over the requisite employee service period. The Company accounts for stock-based compensation to other than employees in accordance with FASB ASC 505-50. Equity instruments issued to other than employees are valued at the earlier of a commitment date or upon completion of the services, based on the fair value of the equity instruments and is recognized as expense over the service period. The Company estimates the fair value of share-based payments using the Black-Scholes option-pricing model for common stock options and the closing price of the company’s common stock for common share issuances.
Revenue Recognition	'
	Crown Equity’s revenue is recognized pursuant to ASC 605 “Revenue Recognition.” The Company recognizes its revenue from services as those services are performed. Revenue recognition is limited to the amount that is not contingent upon delivery of any future service or meeting other specified performance conditions.
	Services are normally completed as described on the sales invoice issued for the service provided. In most cases the services is a one-time completion and recognized when the service is completed. If a service is provided over a time period that exceeds 30 days the revenue is recognized on a monthly basis at the end of the month in which it is completed.
	Contract revenues include royalties under license. Contract revenue related to technology licenses is fully recognized only after the license period has commenced, the technology has been delivered and no further involvement of Crown Equity is required.
	Crown Equity receives payment for its services in both cash and equity instruments issued by the customer. The equity instruments are accounted for in accordance with the provisions of ASC 718 “Compensation – Stock Compensation” and is based on the fair value of the consideration received or the fair value of the equity instrument issued, whichever is more reliably measurable. The measurement date of the fair value of the equity instrument issued is the date on which the Company fully vests in the shares received. The company is fully vested in the stock it received on the date of receipt of the shares. Services that are not preformed within the period are recognized as deferred revenue.
	During 2012, the Company’s ownership interest in a related party exceeded the level required to report using the equity method for stock received in lieu of fair market valuation. In addition, 2011 was restated to reflect the equity method.
	Based on these valuation methods, during 2012 and 2011 the Company received marketable equity securities accounted for as available-for-sale securities and equity securities in equity method investees valued at an aggregate of $0 and $1,287,638, respectively for payment of services provided by the Company and equity securities valued at $0 and $193,219 which were recorded as deferred revenue as of December 31, 2012 and 2011, respectively.
Allowance for Doubtful Accounts	'
	The Company establishes an allowance for bad debts through a review of several factors including historical collection experience, current aging status of the customer accounts, and financial condition of our customers. The Company does not generally require collateral for our accounts receivable. There was no allowance for doubtful accounts as of December 31, 2012 and 2011. Bad debt expense was $12,395 and $0, during the years ended December 31, 2012 and 2011, respectively.
Concentrations	'
	During 2012 and 2011, 89.5% and 37.0% of total revenue, respectively, was generated from a single related party customer, Cleantech Transit, Inc., which has common officers and directors as the Company.
General and Administrative Expenses	'
	Crown Equity’s general and administrative expenses consisted of the following types of expenses during 2012 and 2011: Compensation expense, payroll expense, rent, travel and entertainment, legal and accounting, utilities, web sites, office expenses, depreciation and other administrative related expenses.
Marketable Securities	'
	In accordance with Accounting Standards Codification 825 an entity is permitted to irrevocably elect fair value on a contract-by-contract basis for new assets or liabilities within the scope of ASC 825 as the initial and subsequent measurement attribute for those financial assets and liabilities and certain other items including property and casualty insurance contracts. Entities electing the fair value option are required to (i) recognize changes in fair value in earnings and (ii) expense any upfront costs and fees associated with the item for which the fair value option is elected. Entities electing the fair value option are required to distinguish, on the face of the statement of financial position, the fair value of assets and liabilities for which it has elected the fair value option, and similar assets and liabilities measured using another measurement attribute. An entity can accomplish this either by reporting the fair value and non-fair-value carrying amounts as separate line items or by aggregating those amounts and disclosing parenthetically the amount of fair value included in the aggregate amount.
	Crown Equity adopted ASC 825 in the third quarter of fiscal 2009 and elected the fair value option for all their marketable securities. Management has elected the fair value option as management believes it best reflects the true market value of the securities at the date of valuation.
	The Company reports the change in value of the securities as realized or unrealized gains or losses on a quarterly basis against earnings. The gain or loss is calculated as the difference between the acquiring value and the closing market value at the end of the reporting period. For securities purchased, the acquiring value is the fair value of the securities on the date they are acquired. For securities received as payment for revenue transactions, the acquiring value is the fair value of the securities on the date the Company receives the shares as this is the date the company is fully vested in the stock.
Equity Method Investments	'
	For investments that represent significant influence in the investee, the Company follows ASC 323 Investments—Equity Method and Joint Ventures when recognizing these investments in the consolidated financial statements. Under this method, any net income or net loss must be recorded against the Company’s investment, not to exceed the original investment and recognized as additional income or loss on the Company’s income statement. Crown evaluates the carrying value of its equity method investments for impairment. During 2012, Crown recognized an impairment loss of $172,617 on it equity method investment.
	During 2012, the Company’s ownership percentage in Cleantech Transit, Inc., a related party due to common officers and directors, increased to more than 20% and the Company began accounting for this investment under the equity method. The Company’s ownership percentage in Cleantech Transit, Inc. was 42.53% and 4.55% as of December 31, 2012 and 2011, respectively.
Change in Accounting Principle	'
	During 2012, the Company changed its policy for accounting for its investment in Cleantech Transit, Inc., a related party, common stock. During 2011, the Company accounted for this investment as an available-for-sale security. In 2012, the Company’s ownership percentage increased to more than 20%. The Company changed its accounting policy in accordance with ASC 323 Investments—Equity Method and Joint Ventures. The consolidated financial statements presented herein have been retroactively restated to reflect the change in accounting principle.
	The following table presents the comparative effect of the change in accounting principle and its impact on key components of the Company’s consolidated balance sheet as of December 31, 2011:
		31-Dec-11
		As Previously			As
		Reported			Revised
	Marketable securities held in related party	$	480,000		$	--
	Total current assets		661,520			181,520
	Equity method investments held in related party		--			737,377
	Total assets		705,728			963,105
	Accumulated deficit		(8,237,730	)		(7,980,353	)
	Total stockholders’ equity		234,603			491,980
	Total liabilities and stockholders’ equity	$	705,728		$	963,105
	The following table presents the comparative effect of the change in accounting principle and its impact on key components of the Company’s consolidated statement of operations for the year ended December 31, 2011:
		Year Ended
		31-Dec-11
		As Previously			As
		Reported			Revised
	Unrealized loss on marketable securities	$	(1,730,600	)	$	(1,435,600	)
	Loss on equity method investment in related party		--			(37,623	)
	Total other expense		(1,834,810	)		(1,577,455	)
	Net loss		(2,279,171	)		(2,021,794	)
	Net loss attributable to common stockholders	$	(2,879,171	)	$	(2,621,794	)
	The following table presents the comparative effect of the change in accounting principle and its impact on key components of the Company’s consolidated statement of cash flows for the year ended December 31, 2011:
		Year Ended
		31-Dec-11
		As Previously			As
		Reported			Revised
	Cash flows from operating activities:
	Net loss	$	(2,279,171	)	$	(2,021,794	)
	Adjustments to reconcile net loss to net cash
	used in operating activities:
	Unrealized loss on related party marketable securities		295,000			--
	Marketable securities received for related party revenue		(581,781	)		--
	Securities held in related party equity method investee received for related party revenue		--			(581,781	)
	Loss on equity method investments held in related party	$	--		$	37,623
Property and Equipment	'
	Property and equipment are carried at the cost of acquisition or construction and depreciated over the estimated useful lives of the assets. Costs associated with repair and maintenance are expensed as incurred. Costs associated with improvements which extend the life, increase the capacity or improve the efficiency of our property and equipment are capitalized and depreciated over the remaining life of the related asset. Gains and losses on dispositions of equipment are reflected in operations. Depreciation is calculated using the straight-line method over the estimated useful lives of the assets, which are 3 to 5 years.
Impairment of Long-Lived Assets	'
	The Company reviews the carrying value of its long-lived assets annually or whenever events or changes in circumstances indicate that the historical-cost carrying value of an asset may no longer be appropriate. The Company assesses recoverability of the asset by comparing the undiscounted future net cash flows expected to result from the asset to its carrying value. If the carrying value exceeds the undiscounted future net cash flows of the asset, an impairment loss is measured and recognized. An impairment loss is measured as the difference between the net book value and the fair value of the long-lived asset. Fair value is estimated based upon either discounted cash flow analysis or estimated salvage value. No impairment charge was recorded in 2012 or 2010.
Basic and Diluted Net Loss per Share	'
	Basic and diluted net loss per share calculations are calculated on the basis of the weighted average number of common shares outstanding during the year. They include the dilutive effect of common stock equivalents in years with net income. Basic and diluted net loss per share are the same due to the absence of common stock equivalents.
Income Taxes	'
	Crown Equity recognizes deferred tax assets and liabilities based on differences between the financial reporting and tax basis of assets and liabilities using the enacted tax rates and laws that are expected to be in effect when the differences are expected to be recovered. Crown Equity provides a valuation allowance for deferred tax assets for which it does not consider realization of such assets to be more likely than not.
Fair Value of Financial Instruments	'
	The Company's financial instruments consist of cash, marketable securities and debt. The carrying amount of these financial instruments approximates fair value due either to length of maturity or interest rates that approximate prevailing market rates unless otherwise disclosed in these consolidated financial statements.
Reclassifications	'
	Certain prior period amounts have been reclassified to conform to current period presentation.
Recently Issued Accounting Pronouncements	'
	Crown Equity does not expect the adoption of any recently issued accounting pronouncements to have a significant impact on their financial position, results of operations or cash flows.

NATURE_OF_BUSINESS_AND_SUMMARY2

NATURE OF BUSINESS AND SUMMARY OF ACCOUNTING POLICIES (Tables)	12 Months Ended
	Dec. 31, 2012
Nature Of Business And Summary Of Accounting Policies Tables	'
Comparative effect of the change in accounting principle to consolidated balance sheet	'
	The following table presents the comparative effect of the change in accounting principle and its impact on key components of the Company’s consolidated balance sheet as of December 31, 2011:
		31-Dec-11
		As Previously			As
		Reported			Revised
	Marketable securities held in related party	$	480,000		$	--
	Total current assets		661,520			181,520
	Equity method investments held in related party		--			737,377
	Total assets		705,728			963,105
	Accumulated deficit		(8,237,730	)		(7,980,353	)
	Total stockholders’ equity		234,603			491,980
	Total liabilities and stockholders’ equity	$	705,728		$	963,105
Comparative effect of the change in accounting principle to consolidated statement of operations	'
	The following table presents the comparative effect of the change in accounting principle and its impact on key components of the Company’s consolidated statement of operations for the year ended December 31, 2011:
		Year Ended
		31-Dec-11
		As Previously			As
		Reported			Revised
	Unrealized loss on marketable securities	$	(1,730,600	)	$	(1,435,600	)
	Loss on equity method investment in related party		--			(37,623	)
	Total other expense		(1,834,810	)		(1,577,455	)
	Net loss		(2,279,171	)		(2,021,794	)
	Net loss attributable to common stockholders	$	(2,879,171	)	$	(2,621,794	)
Comparative effect of the change in accounting principle to consolidated statement of cash flows	'
	The following table presents the comparative effect of the change in accounting principle and its impact on key components of the Company’s consolidated statement of cash flows for the year ended December 31, 2011:
		Year Ended
		31-Dec-11
		As Previously			As
		Reported			Revised
	Cash flows from operating activities:
	Net loss	$	(2,279,171	)	$	(2,021,794	)
	Adjustments to reconcile net loss to net cash
	used in operating activities:
	Unrealized loss on related party marketable securities		295,000			--
	Marketable securities received for related party revenue		(581,781	)		--
	Securities held in related party equity method investee received for related party revenue		--			(581,781	)
	Loss on equity method investments held in related party	$	--		$	37,623

PROPERTY_AND_EQUIPMENT_Tables

PROPERTY AND EQUIPMENT (Tables)	12 Months Ended
	Dec. 31, 2012
Property And Equipment Tables	'
Schedule of property and equipment	'
	Property and equipment consisted of the following at December 31, 2012 and 2011:
		2012			2011
	Computer equipment (useful lives of 3 to 5 years)	$	73,991		$	73,940
	Less: accumulation depreciation		(54,705	)		-29,732
	Net property and equipment	$	19,286		$	44,208

INCOME_TAXES_Tables

INCOME TAXES (Tables)	12 Months Ended
	Dec. 31, 2012
Income Taxes Tables	'
Schedule of deferred tax assets	'
	The Company’s deferred tax assets consisted of the following as of December 31, 2012 and 2011:
		2012			2011
	Net operating loss	$	203,000		$	1,000
	Valuation allowance		(203,000	)		(1,000	)
	Net deferred tax asset	$	-		$	-

NATURE_OF_BUSINESS_AND_SUMMARY3

NATURE OF BUSINESS AND SUMMARY OF ACCOUNTING POLICIES (Details) (USD $)	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010
Total current assets	$141,209	$181,520	'
Equity method investments held in related party	132,988	737,377	'
Total assets	293,483	963,105	'
Accumulated deficit	-8,769,482	-7,980,353	'
Total stockholders' equity	49,662	491,980	1,017,953
Total liabilities and stockholders' equity	293,483	963,105	'
Consolidated [Member] | As Previously Reported [Member]	'	'	'
Marketable securities held in related party	'	480,000	'
Total current assets	'	661,520	'
Equity method investments held in related party	'	'	'
Total assets	'	705,728	'
Accumulated deficit	'	-8,237,730	'
Total stockholders' equity	'	491,980	'
Total liabilities and stockholders' equity	'	705,728	'
Consolidated [Member] | As Revised [Member]	'	'	'
Marketable securities held in related party	'	'	'
Total current assets	'	181,520	'
Equity method investments held in related party	'	737,377	'
Total assets	'	963,105	'
Accumulated deficit	'	-7,980,353	'
Total stockholders' equity	'	491,980	'
Total liabilities and stockholders' equity	'	$963,105	'

NATURE_OF_BUSINESS_AND_SUMMARY4

NATURE OF BUSINESS AND SUMMARY OF ACCOUNTING POLICIES (Details 1) (USD $)	12 Months Ended
	Dec. 31, 2012	Dec. 31, 2011
Unrealized loss on marketable securities	($28,000)	$1,435,600
Loss on equity method investment in related party	-234,581	-37,623
Total other expense	1,496	8,787
Net loss	-789,129	-2,021,794
Net loss attributable to common stockholders	-789,129	-2,621,794
Consolidated [Member] | As Previously Reported [Member]	'	'
Unrealized loss on marketable securities	'	-1,730,600
Loss on equity method investment in related party	'	'
Total other expense	'	-1,834,810
Net loss	'	-2,279,171
Net loss attributable to common stockholders	'	-2,879,171
Consolidated [Member] | As Revised [Member]	'	'
Unrealized loss on marketable securities	'	-1,435,600
Loss on equity method investment in related party	'	-37,623
Total other expense	'	-1,577,455
Net loss	'	-2,021,794
Net loss attributable to common stockholders	'	($2,621,794)

NATURE_OF_BUSINESS_AND_SUMMARY5

NATURE OF BUSINESS AND SUMMARY OF ACCOUNTING POLICIES (Details 2) (USD $)	12 Months Ended
	Dec. 31, 2012	Dec. 31, 2011
Cash flows from operating activities:	'	'
Net loss	($789,129)	($2,021,794)
Adjustments to reconcile net loss to net cash used in operating activities:	'	'
Marketable securities received for related party revenue	'	-705,857
Securities held in related party equity method investee received for related party revenue	'	-581,781
Loss on equity method investments held in related party	234,581	37,623
Consolidated [Member] | As Previously Reported [Member]	'	'
Cash flows from operating activities:	'	'
Net loss	'	-2,279,171
Adjustments to reconcile net loss to net cash used in operating activities:	'	'
Unrealized loss on related party marketable securities	'	295,000
Marketable securities received for related party revenue	'	-581,781
Securities held in related party equity method investee received for related party revenue	'	'
Loss on equity method investments held in related party	'	'
Consolidated [Member] | As Revised [Member]	'	'
Cash flows from operating activities:	'	'
Net loss	'	-2,021,794
Adjustments to reconcile net loss to net cash used in operating activities:	'	'
Unrealized loss on related party marketable securities	'	'
Marketable securities received for related party revenue	'	'
Securities held in related party equity method investee received for related party revenue	'	-581,781
Loss on equity method investments held in related party	'	$37,623

NATURE_OF_BUSINESS_AND_SUMMARY6

NATURE OF BUSINESS AND SUMMARY OF ACCOUNTING POLICIES (Details Narrative) (USD $)	12 Months Ended
	Dec. 31, 2012	Dec. 31, 2011
Nature Of Business And Summary Of Accounting Policies Details Narrative	'	'
Marketable equity securities	$0	$1,287,638
Equity securities recorded as deferred revenue	'	193,219
Bad debt expense	12,395	0
Total revenue, Percentage	89.50%	37.00%
Impairment loss on equity method investment	$172,617	'
Ownership percentage in subsidiary	42.53%	4.55%
Ownership percentage in related parties	20.00%	'

GOING_CONCERN_Details_Narrativ

GOING CONCERN (Details Narrative) (USD $)	12 Months Ended
	Dec. 31, 2012	Dec. 31, 2011
Going Concern Details Narrative	'	'
Accumulated deficit	$8,769,482	$7,980,353
Working capital deficit	102,612	'
Incurred net loss	$789,129	$2,021,794

MARKETABLE_SECURITIES_Details_

MARKETABLE SECURITIES Details Narrative) (USD $)	12 Months Ended
	Dec. 31, 2012	Dec. 31, 2011
Marketable securities received for revenue	'	$705,857
Realized losses	4,484	84,841
Unrealized gains	28,000	1,730,600
Quoted Prices in Active Markets for Identical Assets and Liabilities (Level 1)	'	'
Marketable securities	$105,000	$82,400

EQUITY_METHOD_INVESTMENT_HELD_1

EQUITY METHOD INVESTMENT HELD IN RELATED PARTY (Details Narrative) (USD $)	12 Months Ended
	Dec. 31, 2012	Dec. 31, 2011
Carrying value of the equity method investment held in related party	$132,988	$737,377
Equity securities received for related party revenue	'	581,781
Equity securities received for related party deferred revenue	'	193,219
Aggregate losses recognized on the equity method investment held in related party	234,581	37,623
Impairment loss	$172,617	'
Cleantech Transit, Inc [Member]	'	'
Ownership percentage	42.53%	4.55%

PROPERTY_AND_EQUIPMENT_Details

PROPERTY AND EQUIPMENT (Details) (USD $)	Dec. 31, 2012	Dec. 31, 2011
Less: accumulation depreciation	($54,705)	($29,732)
Net property and equipment	19,286	44,208
Computer Equipment [Member]	'	'
Computer equipment (useful lives of 3 to 5 years)	$73,991	$73,940

PROPERTY_AND_EQUIPMENT_Details1

PROPERTY AND EQUIPMENT (Details Narrative) (USD $)	12 Months Ended
	Dec. 31, 2012	Dec. 31, 2011
Depreciation expense	$24,973	$19,209
Computer Equipment [Member] | MinimumMember	'	'
Estimated useful life of Computer equipment	'3 years	'
Computer Equipment [Member] | MaximumMember	'	'
Estimated useful life of Computer equipment	'5 years	'

NOTES_PAYABLE_Details_Narrativ

NOTES PAYABLE (Details Narrative) (USD $)	12 Months Ended
	Dec. 31, 2012	Dec. 31, 2011
Extinguishment of Debt [Line Items]	'	'
Borrowings on notes payable	$61,000	'
Issuance of common shares in respect payment of notes in shares	2,400,000	'
Issuance of common shares in respect payment of notes, amount	31,200	'
Non-interest bearing note from related party	2,000	'
Loss on the extinguishment of debt	7,200	'
Third Party Notes Payable	2,000	0
Day 60 Unsecured Notes [Member]	'	'
Extinguishment of Debt [Line Items]	'	'
Unsecured notes	10,000	'
Accounts payable interest rate	6.00%	'
Issuance of common shares in respect payment of notes in shares	3,500,000	'
Issuance of common shares in respect payment of notes, amount	35,000	'
Day 60 Unsecured Notes 1 [Member]	'	'
Extinguishment of Debt [Line Items]	'	'
Unsecured notes	$14,000	'
Accounts payable interest rate	6.00%	'

RELATED_PARTY_TRANSACTIONS_Det

RELATED PARTY TRANSACTIONS (Details Narrative) (USD $)	12 Months Ended
	Dec. 31, 2012	Dec. 31, 2011
Related Party Transaction [Line Items]	'	'
Payment to four related parties	$11,250	$169,500
Common stock issued for services, shares	15,779,045	44,623,007
Common stock issued for services, Amount	239,111	895,821
Borrowed from related party	26,000	'
Number of shares received of Cleantech	105,953,152	'
Value of cleantech shares	0	'
Cash received from cleantech shares	21,800	'
MonsteZamanMember	'	'
Related Party Transaction [Line Items]	'	'
Outstanding balance with related party	79,184	79,184
Borrowed from related party	12,610	'
TisaCapitalCorpMember	'	'
Related Party Transaction [Line Items]	'	'
Borrowed from related party	1,000	'
PhoenixConsultingServicesIncMember	'	'
Related Party Transaction [Line Items]	'	'
Outstanding balance with related party	17,025	16,025
Borrowed from related party	1,000	'
CleantechTransitMember	'	'
Related Party Transaction [Line Items]	'	'
Fair value of the stock	775,000	'
Fair value of the stock received as revenue	'	581,781
Fair value of stock received as deferred revenue	'	193,219
Officer and Director [Member]	'	'
Related Party Transaction [Line Items]	'	'
Common stock issued for services, shares	7,218,580	'
Common stock issued for services, Amount	116,538	169,250
Accrued amount of officer and directors	'	$44,250

STOCKHOLDERS_EQUITY_Details_Na

STOCKHOLDERS' EQUITY (Details Narrative) (USD $)	12 Months Ended
	Dec. 31, 2012	Dec. 31, 2011
Common stock issued for services, shares	15,779,045	44,623,007
Common stock issued for services, Amount	$239,111	$895,821
Shares issued for cash, shares	1,000,000	'
Shares issued for cash, value	10,000	'
Common stock for notes payable, shares	5,900,000	'
Common stock for notes payable, amount	66,200	'
Common stock for the conversion of preferred stock	60,000,000	'
Preferred stock for the conversion of common stock	600,000	'
Stock cancelled during the year	713,288	'
Class A preferred shares [Member]	'	'
Shares issued for cash, shares	'	600,000
Shares issued for cash, value	'	$600,000

INCOME_TAXES_Details

INCOME TAXES (Details) (USD $)	Dec. 31, 2012	Dec. 31, 2011
Income Taxes Details	'	'
Net operating loss	$203,000	$1,000
Valuation allowance	-203,000	-1,000
Net deferred tax asset	'	'

INCOME_TAXES_Details_Narrative

INCOME TAXES (Details Narrative) (USD $)	12 Months Ended
	Dec. 31, 2012
Income Taxes Details Narrative	'
Net operating loss carry forward	$580,000
Net operating loss carry forward expiration date	'2031