v2.4.0.6

CONDENSED BALANCE SHEETS (USD $)	Sep. 30, 2012	Dec. 31, 2011
ASSETS
Cash	$ 5,273	$ 26,009
Accounts receivable, net of $24,098 allowance	150,601	170,585
Revenues in excess of billings	7,679	7,679
Inventory	226,525	243,685
Prepaid expenses	23,908	26,627
Total current assets:	413,986	474,585
Property, plant and equipment, net	10,475	15,951
Other assets:
Long term inventory	158,993	158,993
Deposits	9,488	6,368
Total assets	592,942	655,897
LIABILITIES AND STOCKHOLDERS' DEFICIT
Accounts payable and accrued liabilities	461,805	432,000
Payroll liabilities	368,239	48,157
Accrued liabilities, related party	533,742	517,342
Deferred revenue	530,404	505,189
Billings in excess of revenue	51,332	51,332
Notes payable	246,822	238,047
Total current liabilities:	2,192,344	1,792,067
Long term debt:
Derivative liability	54,195	127,021
Convertible notes, net of debt discount of $69,337 and $207,791	80,413	54,009
Total liabilities	2,326,952	1,973,097
Stockholders' deficit
Preferred stock, $0.0001 par value, 60,000,000 shares authorized, none issued outstanding	0	0
Common stock, $0.0001 par value; 3,500,000,000 shares authorized; 2,313,883,921 and 1,640,311,420 shares issued and outstanding as of September 30, 2012 and December 31, 2011, respectively	231,388	164,031
Additional paid in capital	33,012,095	32,775,738
Accumulated deficit	(34,977,493)	(34,256,969)
Total stockholders' deficit:	(1,734,010)	(1,317,200)
Total liabilities and stockholders' deficit	$ 592,942	$ 655,897

Accounts Payable and Accrued Liabilities, Current other than employee related liabilities.

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Carrying value as of the balance sheet date of obligations incurred and payable to related parties, pertaining to costs that are statutory in nature, are incurred on contractual obligations, or accumulate over time and for which invoices have not yet been received or will not be rendered.

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Aggregate par or stated value of issued nonredeemable preferred stock (or preferred stock redeemable solely at the option of the issuer). This item includes treasury stock repurchased by the entity. Note: elements for number of nonredeemable preferred shares, par value and other disclosure concepts are in another section within stockholders' equity.

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Sum of the amounts paid in advance for capitalized costs that will be expensed with the passage of time or the occurrence of a triggering event, and will be charged against earnings within one year or the normal operating cycle, if longer.

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Amount, net of accumulated depreciation, depletion and amortization, of long-lived physical assets used in the normal conduct of business and not intended for resale. Examples include, but are not limited to, land, buildings, machinery and equipment, office equipment, furniture and fixtures, and computer equipment.

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-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 03

-Paragraph 8

-Article 7

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-Name Statement of Financial Accounting Standard (FAS)

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-Subparagraph b, c

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-Number 210

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The cumulative amount of the reporting entity's undistributed earnings or deficit.

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Total of all stockholders' equity (deficit) items, net of receivables from officers, directors, owners, and affiliates of the entity which are attributable to the parent. The amount of the economic entity's stockholders' equity attributable to the parent excludes the amount of stockholders' equity which is allocable to that ownership interest in subsidiary equity which is not attributable to the parent (noncontrolling interest, minority interest). This excludes temporary equity and is sometimes called permanent equity.

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MedClean Technologies, Inc. 10-Q