XML 15 R4.htm IDEA: XBRL DOCUMENT v2.4.0.8
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
3 Months Ended 6 Months Ended 12 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Jun. 30, 2013
Jun. 30, 2012
Jun. 30, 2013
Operations:          
Professional, consulting and marketing fees $ 72,683 $ 29,975 $ 164,179 $ 29,975 $ 237,811
Research and development 48,746 0 79,065 0 187,102
General and administrative 74,818 3,962 113,982 4,159 184,415
Total operating expenses 196,247 33,937 357,226 34,134 609,328
Loss from Operations (196,247) (33,937) (357,226) (34,134) (609,328)
OTHER INCOME (EXPENSE)          
Interest income 0 0 0 0 0
Gain (Loss) on Investment - W.G.B. Kinsey - Equity Method (39,042) 0 (199,433) 0 (144,158)
Change in fair value of conversion option and warrant liabilities 0 5,028,882 0 6,308,136 0
Amortization of discount on convertible debt 0 0 0 0 0
Interest expense (4,492) (256,065) (5,587) (518,753) (8,373)
Miscellaneous Expense 0 0 0 0 0
Total other income (expense) (43,534) 4,772,817 (205,020) 5,789,383 (152,531)
Income (loss) before income taxes (239,781) 4,738,880 (562,246) 5,755,249 (761,859)
Income tax benefit 0 0 0 0 0
NET INCOME (LOSS) $ (239,781) $ 4,738,880 $ (562,246) $ 5,755,249 $ (761,859)
Income (loss) per share - basic (in dollars per share) $ 0.00 $ 0.22 $ 0.00 $ 0.28 $ (0.01)
Weighted Average Number Of Shares Outstanding, basic (in shares) 136,333,717 21,835,871 135,046,827 20,818,400 128,538,012
Income (loss) per share - diluted (in dollars per share) $ 0.00 $ 0.22 $ 0.00 $ 0.28 $ (0.01)
Weighted average number of shares outstanding - diluted (in shares) 168,627,566 21,932,581 166,095,129 20,915,110 153,868,029