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BALANCE SHEET (USD $)
Dec. 31, 2011
Dec. 31, 2010
Current Assets    
Cash and cash equivalents $ 313,073 $ 2,327,013
Accounts receivable 315,277 205,409
Inventory 256,842 87,108
Prepaid expenses and other assets 120,475 93,181
Total current assets 1,005,667 2,712,711
Long Term Assets    
Letter of Credit 85,215 0
Property and equipment, net 3,188,998 2,914,880
Deposit on Fixed Asset 0 137,450
Deposits 0 15,003
Total other assets 3,274,213 3,067,333
TOTAL ASSETS 4,279,880 5,780,044
Current Liabilities    
Accounts payable 214,632 356,567
Accrued expenses and other 351,460 790,462
Accrued Liquidated Damages 36,178 111,028
Derivative Liabilities 11,031,432 13,528,355
Convertible Notes Payable, Net 108,122 1,305,737
Convertible Notes Payable to Related Party, Net 1,273,567 2,047,248
Total Current Liabilities 13,015,391 18,139,397
Total Liabilities 13,015,391 18,139,397
Commitment & Contingencies    
Dividends payable 650,616 66,934
Convertible, Redeemable Preferred Stock    
Preferred Stock 4,735,291 4,784,291
Preferred Stock 3,326,697 0
Discount on Preferred Stock (4,853,776) (4,457,406)
Net Preferred Stock 3,858,828 393,819
Total Commitment & Contingencies 3,858,828 393,819
Stockholders' Equity (Deficit) (12,594,339) (12,753,172)
Common stock, $0.00005 par value; authorized 200,000,000 shares; issued and outstanding 14,139,621 and 8,091,769 shares, December 31, 2011 and 2010, respectively. 707 405
Additional paid-in capital 91,262,428 84,162,726
Accumulated deficit (103,857,474) (96,916,303)
TOTAL LIABILITIES & CONVERTIBLE REDEEMABLE PREFERRED STOCK & STOCKHOLDERS' EQUITY (DEFICIT) $ 4,279,880 $ 5,780,044