Stockholders Deficit (Tables)

6 Months Ended

Jun. 30, 2012

Stockholders Deficit (Tables)

Warrant Activities

The table below summarizes the Company’s warrant activities through June 30, 2012:

	Number of  Warrant Shares		Exercise Price Range  Per Share		Weighted Average Exercise Price			Fair Value at Date of Issuance Contractual Term			Intrinsic  Value  (in thousands)
Balance, January 1, 2011		122,968,467		$0.004  -  $ 10.00		$	0.039		$	1,312,645		$             ---
Granted		118,000,000		$0.02 - $ 0.50		$	0.062		$	1,430,013		$             ---
Exercised		-		-		$	-		$	-		$             ---
Balance,      December 31, 2011		240,968,467		$0.004  - $ 10.00		$	0.05		$	2,742,658		$            ---
Granted		12,027,144		$0.02 - $0.04		$	0.03		$	80,027		$            ---
Expired		(8,085,310)		$0.004  - $ 5.50		$	0.21		$	-		$            ---
Balance,      June 30, 2012		244,910,301		$0.015 -  $ 10.00		$	0.04		$	2,822,685		$            ---
Exercisable,      June 30, 2012		244,910,301		$0.015 -  $ 10.00		$	0.04		$	2,822,685		$            ---

Outstanding And Exercisable Warrants

The following table summarizes information concerning outstanding and exercisable warrants as of June 30, 2012:

	Warrants Outstanding						Warrants Exercisable
Range of Exercise Prices	Number Outstanding		Average Remaining Contractual Life (in years)		Weighted-Average Exercise Price		Number Exercisable		Weighted-Average Exercise Price
$10.00		8,050		2.21	$	10.000		8,050	$	10.000
$0.02 - $0.80		244,902,251		2.76		0.043		244,902,251		0.043
		244,910,301		2.76	$	0.040		244,910,301	$	0.04