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CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
3 Months Ended9 Months Ended
Sep. 30, 2011
Sep. 30, 2010
Sep. 30, 2011
Sep. 30, 2010
Revenue    
Operating expense (income)    
Director and management fees - related party8,25018,00033,75032,950
Investor relations and marketing1,1258,4253,72116,187
Wages and benefits, net of reversal of stock-based compensation of $2,667,500 during the nine months ended September 30, 2010   (2,566,368)
Research and development 4,964 8,764
Professional fees23,60066,66278,685226,992
Impairment of license fee 15,000 15,000
Other operating expenses6,491(125)18,66336,268
Total operating expense (income)39,466112,926134,819(2,230,207)
Income (loss) from operations(39,466)(112,926)(134,819)2,230,207
Other expense    
Interest expense(26,055)(26,379)(107,067)(68,090)
Interest income 251 251
Foreign exchange loss  (35) 
Total other expense(26,055)(26,128)(107,102)(67,839)
Net income (loss)$ (65,521)$ (139,054)$ (241,921)$ 2,162,368
Net income (loss) per share - basic$ 0.00$ 0.00$ 0.00$ 0.01
Net income (loss) per share - diluted$ 0.00$ 0.00$ 0.00$ 0.01
Weighted average number of common shares outstanding    
Basic241,487,995241,487,995241,487,995221,121,695
Diluted241,487,995241,487,995241,487,995334,443,763