XML 14 R2.htm IDEA: XBRL DOCUMENT v2.4.0.6
STATEMENTS OF OPERATIONS (USD $)
3 Months Ended 9 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Sep. 30, 2012
Sep. 30, 2011
REVENUES $ 1,689 $ 6,285 $ 9,525 $ 18,975
COST OF SALES        
Amortization of software costs 26,892 25,556 81,228 69,661
TOTAL COST OF SALES 26,892 25,556 81,228 69,661
GROSS LOSS (25,203) (19,271) (71,703) (50,686)
OPERATING EXPENSES:        
Selling 1,941 1,529 14,682 16,762
Website costs 26,805 35,739 105,600 89,942
General and administrative 271,577 532,517 905,777 1,775,074
Depreciation and amortization 2,502 4,434 7,506 20,599
TOTAL OPERATING EXPENSES 302,825 574,219 1,033,565 1,902,377
LOSS FROM OPERATIONS (328,028) 593,490 (1,105,268) (1,953,063)
OTHER (INCOME) EXPENSES        
Interest Expense 38,914 30,305 194,102 79,828
Gain on extinguishment of liabilities   1,667   (22,314)
Other income       (4,000)
Write off of website costs       38,750
Debt conversion expense       966
Amortization of debt discounts 81,617 31,086 294,746 566,140
TOTAL OTHER EXPENSES 120,531 63,058 488,848 659,370
NET LOSS (448,559) (656,548) (1,594,116) (2,612,433)
Common stock dividends to be issued for Series B Preferred Stock (117,542) (118,833) (352,625) (352,625)
NET LOSS APPLICABLE TO COMMON STOCK HOLDERS $ (566,101) $ (775,381) $ (1,946,741) $ (2,965,058)
BASIC AND DILUTED - LOSS PER SHARE     $ (0.01) $ (0.02)
WEIGHTED AVERAGE COMMON SHARES OUTSTANDING        
Basic and Diluted 242,450,134 166,930,777 227,267,670 147,671,409