XML 49 R4.htm IDEA: XBRL DOCUMENT v2.4.0.6
CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) (USD $)
3 Months Ended 30 Months Ended
Mar. 31, 2013
Mar. 31, 2012
Mar. 31, 2013
General and administrative expenses:      
Professional fees $ 26,429 $ 42,580 $ 412,251
Consulting fees 188,391 134,959 1,243,825
Contract labor 46,728 3,597 531,547
Salary expense 70,500 70,500 423,000
Marketing and advertising 31,413 9,338 125,942
Computer and internet charges 7,491 3,203 77,242
Research and development 750 28,439 143,729
Other 16,247 12,785 156,317
Total general and administrative expenses 387,949 305,401 3,113,853
Other expenses:      
Interest expense 45,393 10,868 164,710
Recapitalization expense     31,667
Loss on extinguishment of debt 178,448   178,448
Loss on derivative liability valuation 10,143   10,143
Total other expenses 233,984 10,868 384,968
Provision for federal income taxes         
Net loss $ (621,933) $ (316,269) $ (3,498,821)
Net loss per share - basic and diluted $ (0.01) $ (0.01)  
Weighted average shares outstanding - basic and diluted 85,192,849 55,117,237