It looks to me like they only paid $20,000 for some piece of land in Utah. It's listed under Cash payments for the purchase of property $20k. Since then they reverse split the heck out of the stock. Current Capital Change: shs decreased by 1 for 100 split Ex-Date: Record Date: Pay Date: 2006-11-27
Then they proceeded to issue another 1 billion plus newly minted shares.
You have to admit that's one heck of a parlay turning a $20,000 piece of dirt into a million dollar plus market cap.