v2.4.0.6

BALANCE SHEETS (Parentheticals) (USD $)	Mar. 31, 2012	Mar. 31, 2011
Discount on convertible note payable (in Dollars)	$ 205,165
Preferred stock par value (in Dollars per share)	$ 0.001	$ 0.001
Preferred stock, shares authorized	10,000,000	10,000,000
Preferred stock, shares issued	0	0
Preferred stock, shares outstanding	0	0
Common stock par value (in Dollars per share)	$ 0.001	$ 0.001
Common stock shares authorized	200,000,000	200,000,000
Common stock shares issued	90,500,000	90,500,000
Common stock shares outstanding	90,500,000	90,500,000

Face amount or stated value of common stock per share; generally not indicative of the fair market value per share.

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Total number of common shares of an entity that have been sold or granted to shareholders (includes common shares that were issued, repurchased and remain in the treasury). These shares represent capital invested by the firm's shareholders and owners, and may be all or only a portion of the number of shares authorized. Shares issued include shares outstanding and shares held in the treasury.

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The amount of debt discount that was originally recognized at the issuance of the instrument that has yet to be amortized.

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Face amount or stated value per share of nonredeemable preferred stock (or preferred stock redeemable solely at the option of the issuer); generally not indicative of the fair market value per share.

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Aggregate share number for all nonredeemable preferred stock (or preferred stock redeemable solely at the option of the issuer) held by stockholders. Does not include preferred shares that have been repurchased.

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FrogAds, Inc. 10-K