NOTE 3 - INVESTEMENT IN SECURITIES AVAILABLE FOR SALE	3 Months Ended
Mar. 31, 2012
Marketable Securities, Available-for-sale Securities, Policy [Policy Text Block]	NOTE 3 – INVESTEMENT IN SECURITIES AVAILABLE FOR SALE The Company held 1,680,000 shares of common stock of Entertainment Arts Research, Inc. as of December 31, 2011 and March 31, 2012. The securities had a fair value of $672,000 and $134,400 as of March 31, 2012 and December 31, 2011, respectively resulting in an unrealized gain of $537,600. The securities are classified and measured for fair value as a Level 1 item under ASC 820.

NOTE 3 - INVESTEMENT IN SECURITIES AVAILABLE FOR SALE

3 Months Ended

Mar. 31, 2012

Marketable Securities, Available-for-sale Securities, Policy [Policy Text Block]

NOTE 3 – INVESTEMENT IN SECURITIES AVAILABLE FOR SALE

The Company held 1,680,000 shares of common stock of Entertainment Arts Research, Inc. as of December 31, 2011 and March 31, 2012. The securities had a fair value of $672,000 and $134,400 as of March 31, 2012 and December 31, 2011, respectively resulting in an unrealized gain of $537,600. The securities are classified and measured for fair value as a Level 1 item under ASC 820.

- Definition

Disclosure of accounting policy for investments in debt and equity securities that are classified as available-for-sale. This policy also may describe the entity's accounting treatment for transfers between investment categories, how the entity determines whether impairments of available-for-sale securities are other than temporary, and how the fair values of such securities are determined.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 02

-Paragraph 2, 12

-Article 5

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 107

-Paragraph 10, 11

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 235

-SubTopic 10

-Section 50

-Paragraph 3

-URI http://asc.fasb.org/extlink&oid=6367646&loc=d3e18780-107790

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 115

-Paragraph 12, 13, 14, 15, 16

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 5: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 320

-SubTopic 10

-URI http://asc.fasb.org/subtopic&trid=2196929

Reference 6: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Staff Accounting Bulletin (SAB)

-Number Topic 5

-Section M

Reference 7: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name FASB Staff Position (FSP)

-Number FAS115-1/124-1

-Paragraph 7, 8, 9, 13, 14, 15, 16, 17

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

VIRTUAL MEDICAL INTERNATIONAL, INC. 10-Q