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STATEMENTS OF CASH FLOWS (USD $)
6 Months Ended 53 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Jun. 30, 2011
CASH FLOWS FROM OPERATING ACTIVITIES:      
Net loss $ (488,104) $ (596,628) $ (3,863,903)
Adjustments to reconcile net loss to net cash used in operating activities:      
Depreciation 16,249 16,249 119,164
Allowance for uncollectible notes receivable 13,867 0 38,867
Amortization of deferred finance costs 1,252 685 33,492
Interest (income) expense on fair value adjustment on convertible notes payable (18,279) 45,599 170,370
Interest accrued on note receivable 0 0 (11,705)
Write off of uncollectible deposit 0 0 20,000
Loss on extinguishment of related party debt 0 41,500 46,120
Loss on impairment 21,000 0 21,000
Stock issued for services 72,651 249,355 1,219,344
Changes in operating assets and liabilities:      
Deposits and other receivables (44,084) (1,281) (67,430)
Accounts payable and accrued liabilities 127,910 (68,469) 338,617
Net cash used in operating activities (297,538) (312,990) (1,936,064)
CASH FLOWS FROM INVESTING ACTIVITIES:      
Net proceeds from notes receivable 0 0 (25,000)
Purchase of securities (21,000) 0 (22,100)
Acquisition of equipment 0 0 (325,000)
Net cash provided by (used in) investing activities (21,000) 0 (372,100)
CASH FLOWS FROM FINANCING ACTIVITIES:      
Proceeds from issuance of common stock 178,670 179,695 1,670,642
Proceeds from the issuance of convertible notes, related parties 0 168,500 6,000
Proceeds from the issuance of convertible notes, non related parties 20,000 0 438,300
Proceeds from the issuance of notes payable 155,000 20,000 271,500
Proceeds from the issuance of notes payable, related parties 5,000 0 5,000
Payments on convertible notes payable (25,000) 0 (35,000)
Payments on notes payable 0 (5,000) (40,000)
Proceeds from loans from stockholders 0 0 35,925
Payments on loans from stockholders (5,225) (26,000) (31,225)
Net cash provided by financing activities 328,445 337,195 2,321,142
NET INCREASE IN CASH 9,907 24,205 12,978
CASH, BEGINNING OF PERIOD 3,071 1,015 0
CASH, END OF PERIOD 12,978 25,220 12,978
NONCASH FINANCING ACTIVITIES:      
Due to Organetix, Inc. reclassified to additional paid-in capital 0 0 91,500
Common stock issued for loan financing fees 1,250 5,000 6,250
Common stock issued to satisfy minimum value guarantee 0 0 87,667
Convertible debt converted to common stock including accrued interest 32,766 182,212 470,504
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:      
Interest $ 0 $ 0 $ 3,660