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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) (USD $)
9 Months Ended
Sep. 30, 2011
Sep. 30, 2010
Cash flows from operating activities:  
Net loss for the period$ (14,266,035)$ (954,156)
Adjustments to reconcile net loss to net cash (used in) operating activities:  
Depreciation and amortization56,7375,851
Stock-based compensation224,06990,000
Option-based consulting fees - lending commitment11,719,1700
Gain on forgiveness of trade payables0(24,029)
Loss on sale of vehicle5,5730
Net change in assets and liabilities:  
Decrease in contract receivables7,638186,917
(Increase) decrease in prepaid expenses32,678(98,194)
(Increase) in deferred project costs(1,079,017)0
(Increase) in other current assets(24,638)0
(Increase) in other assets(480)(8,440)
Increase in accounts payable - trade258,08977,471
(Decrease) in advances from shareholders0(38,550)
Increase in accrued liabilities1,015,588131,160
Net cash (used in) operating activities(2,050,628)(631,970)
Cash flows from investing activities:  
Purchases of property and equipment(5,573)0
Cash distributions prior to merger0(9,998)
Disposition of property and equipment521(14,116)
Net cash (used in) investing activities(5,052)(24,114)
Cash flows from financing activities:  
Net proceeds from line of credit from related party500,0005,000
Cash received from Nyserda funding480,0000
Borrowings under bridge loans from affiliates239,4000
Cash proceeds from merger transaction01,100,000
Repayment of debt on installment notes(7,316)(7,978)
Net cash provided by financing activities1,212,0841,097,022
Net increase (decrease) in cash(843,596)440,938
Cash - beginning of period896,05718,241
Cash - end of period52,461459,179
Supplemental disclosure of cash flow information:  
Cash payments for interest5,10111,105
Non-Cash Investing and Financing Transactions:  
Deferred project costs included in accounts payable$ 360,619$ 0