Stockholders’ Deficiency	6 Months Ended
Jun. 30, 2011
Stockholders’ Deficiency	Note E. Stockholders’ Deficiency (A) Common Stock Issued for Debt In 2005, the Company issued 41,800,000 shares of common stock in order to settle debt amounting to $292,622. ($0.0070/share). In 2008, the Company issued 366,667 shares of common stock in order to settle debt amounting to $11,000 ($0.0300/share). (B) Common Stock Issued for Services In 2006, the Company issued 6,000 shares of common stock having a fair value of $60 ($0.0100/share) in exchange for services rendered. In 2007, the Company issued 7,402,745 shares of common stock having a fair value of $75,027 ($0.0100/share) in exchange for services rendered. In 2008, the Company issued 2,000,000 shares of common stock having a fair value of $50,000 ($0.0250/share) in exchange for services rendered. In 2009, the Company issued 7,000,000 shares of common stock having a fair value of $35,000 ($0.0050/share) in exchange for services rendered. In 2010, the Company issued 400,000 shares of common stock having a fair value of $4,000 ($0.0100/share) in exchange for services rendered.

Stockholders’ Deficiency

6 Months Ended

Jun. 30, 2011

Note E. Stockholders’ Deficiency

(A) Common Stock Issued for Debt

In 2005, the Company issued 41,800,000 shares of common stock in order to settle debt amounting to $292,622. ($0.0070/share).

In 2008, the Company issued 366,667 shares of common stock in order to settle debt amounting to $11,000 ($0.0300/share).

(B) Common Stock Issued for Services

In 2006, the Company issued 6,000 shares of common stock having a fair value of $60 ($0.0100/share) in exchange for services rendered.

In 2007, the Company issued 7,402,745 shares of common stock having a fair value of $75,027 ($0.0100/share) in exchange for services rendered.

In 2008, the Company issued 2,000,000 shares of common stock having a fair value of $50,000 ($0.0250/share) in exchange for services rendered.

In 2009, the Company issued 7,000,000 shares of common stock having a fair value of $35,000 ($0.0050/share) in exchange for services rendered.

In 2010, the Company issued 400,000 shares of common stock having a fair value of $4,000 ($0.0100/share) in exchange for services rendered.

ASSURANCE GROUP INC. 10-Q/A