XML 26 R4.htm IDEA: XBRL DOCUMENT v2.4.0.8
Statements of Operations (Unaudited) (USD $)
3 Months Ended 6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Jun. 30, 2014
Jun. 30, 2013
Revenues:        
Product sales $ 0 $ 0    
Total revenues 0 0    
Cost of revenues:        
Product sales 0 0    
Total cost of revenues 0 0    
Gross Margin 0 0    
Operating expenses:        
Research and development expenses   37,662 15,270 71,792
Selling, general and administrative expenses 186,203 124,626 345,948 251,787
Total operating expenses 186,203 162,288 361,218 323,579
Operating loss (186,203) (162,288) (361,218) (323,579)
Other income (expense)        
Change in fair value of derivatives       4,217
Interest expense (684) (30,825) (730) (60,308)
Net loss (186,887) (193,113) (361,948) (379,670)
Preferred stock dividend (8,098) (8,098) (16,195) (16,195)
Net loss applicable to common shareholders $ (194,985) $ (201,211) $ (378,143) $ (395,865)
Basic and diluted net loss per share (in Dollars per share) $ 0.00 $ 0.00 $ (0.01) $ (0.01)
Weighted average shares outstanding – basic and diluted (in Shares) 73,291,008 73,554,897 73,291,008 73,554,897