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CONSOLIDATED BALANCE SHEETS (USD $) (USD $)
Dec. 31, 2012
Dec. 31, 2011
Cash $ 349 $ 3,956
Prepaid expenses 0 4,997
TOTAL CURRENT ASSETS 349 8,953
Capitalized software costs, less accumulated amortization 0 [1] 181,887 [1]
Website development costs, less accumulated amortization 0 [2] 22,084 [2]
Security deposit 2,700 9,454
TOTAL OTHER ASSETS 2,700 213,425
TOTAL ASSETS 3,049 222,378
Current portion of 10% convertible notes payable 114,034 114,034
Convertible short term bridge notes payable 1,337,656 [3] 885,756 [3]
Notes payable 5,000 0
Accounts payable 750,423 607,522
Accrued expenses 1,218,039 729,174
TOTAL CURRENT LIABILITIES 3,425,152 2,336,486
Dividend payable 1,033,757 562,298
TOTAL OTHER LIABILITIES 1,033,757 562,298
Preferred A Stock 3 [4] 3 [4]
Preferred B Stock 51 [5] 51 [5]
Common Stock 29,330 [6] 18,440 [6]
Additional paid-in capital 44,943,481 44,092,616
Accumulated deficit (49,428,725) (46,787,516)
TOTAL STOCKHOLDERS' EQUITY (DEFICIT) (4,455,860) (2,676,406)
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT) $ 3,049 $ 222,378
[1] Net of accumulated amortization of $317,367 and $112,250 respectively
[2] Net of accumulated amortization of $17,924 and $21,250, respectively
[3] Net of discount of $60,485 and $40,385 respectively
[4] Pfd A - Par value $0.0001; liquidation value $2.62, designated 1,526,718 shares; 28,968 and 28,968 shares issued and outstanding
[5] Pfd B - Par value $0.0001; liquidation value $9.09; designated 1,000,000 shares; 511,551 and 511,551 shares issued and outstanding
[6] Common - Par value $0.0001; Authorized 750,000,000 shares; 293,313,312 and 184,403,757 shares issued and outstanding