v2.3.0.11

Balance Sheets (Parenthetical) (USD $)	Jun. 30, 2011	Dec. 31, 2010
Phyhealth Corporation stockholders' equity:
Common stock, par value	$ 0.0001	$ 0.0001
Common stock, authorized	40,000,000	40,000,000
Common stock, issued	6,604,312	6,604,312
Common stock, outstanding	6,604,312	6,604,312
Preferred stock, par value	$ 0.0001	$ 0.0001
Preferred stock, authorized	10,000,000	10,000,000
SeriesA Prefered stock, designated	5,000,000	5,000,000
Series A Preferred stock, issued	3,240,008	3,240,008
Series A Preferred stock, outstanding	3,240,008	3,240,008
Series B Prefered stock, designated	5,000,000	5,000,000
Series B Preferred stock, issued	622,332	622,332
Series B Preferred stock, outstanding	622,332	622,332

Series A Preferred stock shares authorized

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Series A Preferred stock shares issued

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Series A Preferred stock shares outstanding

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Series B Preferred stock shares authorized

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

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-Name Statement of Financial Accounting Standard (FAS)
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-Name Regulation S-X (SX)
-Number 210
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The maximum number of common shares permitted to be issued by an entity's charter and bylaws.

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Total number of shares of common stock held by shareholders. May be all or portion of the number of common shares authorized. These shares represent the ownership interest of the common shareholders. Excludes common shares repurchased by the entity and held as Treasury shares. Shares outstanding equals shares issued minus shares held in treasury. Does not include common shares that have been repurchased.

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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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PHYHEALTH Corp 10-Q