STATEMENTS OF OPERATIONS (USD $)	12 Months Ended		58 Months Ended
	Dec. 31, 2011	Dec. 31, 2010	Dec. 31, 2011
Revenue	$ 0	$ 0	$ 0
Expenses:
Consulting and contractor expenses	754,226	516,458	2,795,717
Professional fees	116,131	130,186	406,666
General and administrative expenses	105,464	57,781	293,048
Depreciation	32,500	32,500	135,415
Rent expense	15,122	38,377	104,593
Vessel expenses	68,561	9,716	277,967
Travel and entertainment	14,462	12,829	169,296
Other operating expenses	0	300	13,187
Total operating expenses	1,106,466	798,147	4,195,889
Loss from operations	(1,106,466)	(798,147)	(4,195,889)
Interest expense	(125,335)	(184,328)	(381,887)
Interest income	34,288	2,162	50,585
Loss on extinguishment of debt	(297,796)	(46,120)	(343,916)
Loss on impairment	(21,000)	0	(21,000)
Total other income (expense)	(409,843)	(228,286)	(696,218)
Net loss	$ (1,516,309)	$ (1,026,433)	$ (4,892,107)
Net loss per share applicable to common stockholders - basic and diluted	$ 0	$ 0
Shares used to compute basic and diluted net loss per share applicable to common stockholders	520,722,703	388,810,219