10-Q/A

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

_________________

FORM 10-Q/A

( Amendment No.1 )

_________________

 þ    QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d)
OF THE SECURITIES EXCHANGE ACT OF 1934

For the quarterly period ended: June 30, 2012

or

o     TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d)
OF THE SECURITIES EXCHANGE ACT OF 1934

For the transition period from: ______ to ______

_________________

KENERGY SCIENTIFIC, INC.

_________________

New Jersey	333-120507	20-1862816
(State or Other Jurisdiction	(Commission	(I.R.S. Employer
of Incorporation or Organization)	File Number)	Identification No.)

6 Minneakoning Road, Flemington, New Jersey 08822
(Address of Principal Executive Offices) (Zip Code)

(908) 788-0077
(Registrant’s telephone number, including area code)

N/A
(Former name or former address and former fiscal year, if changed since last report)

_________________

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.     Yes  þ    No o

Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files).       Yes  þ    No o

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company.

Large accelerated filer  o Accelerated filer  o Non-accelerated filer  o Smaller reporting company  þ

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Act).     Yes  o     No  þ

APPLICABLE ONLY TO REGISTRANTS INVOLVED IN BANKRUPTCY
PROCEEDINGS DURING THE PRECEDING FIVE YEARS:

Indicate by check mark whether the registrant has filed all documents and reports required to be filed by SectionS 12, 13 or 15(d) of the Securities Exchange Act of 1934 subsequent to the distribution of securities under a plan confirmed by a court.     Yes  o     No  þ

APPLICABLE ONLY TO CORPORATE ISSUERS

Indicate the number of shares outstanding of the issuer's common stock, as of the latest practical date:

75,000 shares of Series A Preferred Stock, $1.00 par value, 239,611,631 shares outstanding of Class A Common Stock, no par value and 10,000 shares outstanding of Class B Common Stock, par value $.01 per share, as of October 1, 2012.

Explanatory Note

This amendment on Form 10-Q/A amends the Quarterly Report on Form 10-Q of Kenergy Scientific, Inc. for the quarter ended June 30, 2012 filed on August 17, 2012 (the “Form 10-Q”) for the purpose of furnishing the interactive data files as Exhibit 101 in accordance with Rule 405(a)(2) of Regulation S-T.

KENERGY SCIENTIFIC, INC.

TABLE OF CONTENTS

		Page
Item 6	Exhibits	2
	Signatures	3
	Exhibit Index	4

1

Part II. Other Information

Item 6. Exhibits
Exhibit Number	Description
101.INS	XBRL Instance Document
101.SCH	XBRL Taxonomy Extension Schema
101.CAL	XBRL Taxonomy Extension Calculation Linkbase
101.DEF	XBRL Taxonomy Extension Schema
101.LAB	XBRL Taxonomy Extension Label Linkbase
101.PRE	XBRL Taxonomy Extension Presentation Linkbase

2

SIGNATURES

In accordance with Section 13 or 15(d) of the Securities Exchange Act of 1934, the Registrant duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

KENERGY SCIENTIFIC, INC.

Date: October 19, 2012	Kenergy Scientific, Inc
	By: /s/ Kenneth Glynn
	Kenneth Glynn President, Chief Executive Officer, and Chief Financial Officer

3

INDEX OF EXHIBITS

Exhibit Number	Description
101.INS	XBRL Instance Document
101.SCH	XBRL Taxonomy Extension Schema
101.CAL	XBRL Taxonomy Extension Calculation Linkbase
101.DEF	XBRL Taxonomy Extension Schema
101.LAB	XBRL Taxonomy Extension Label Linkbase
101.PRE	XBRL Taxonomy Extension Presentation Linkbase

4

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Convertible Promissory Note and Derivative Liability (Related Party) Terms (Details Narrative) (USD $)

6 Months Ended

Jun. 30, 2012

Convertible Promissory Note And Derivative Liability Related Party Terms Details Narrative Usd

Terms

Unless otherwise provided, this Convertible Promissory Note may be prepaid in full or in part at any time without penalty or premium. Partial prepayments shall be applied to installments due in reverse order of their maturity.

In the event of (a) default in payment of any installment of principal or interest hereof as the same becomes due and such default is not cured within ten (10) days from the due date, or (b) default under the terms of any instrument securing this Note, and such default is not cured within fifteen (15) days after written notice to maker, then in either such event the holder may, without further notice, declare the remainder of the principal sum, together with all interest accrued thereon, and the prepayment premium, if any, at once due and payable. Failure to exercise this option shall not constitute a waiver of the right to exercise the same at any other time. The unpaid principal of this Note and any part thereof, accrued interest and all other sums due under this Note shall bear interest at the rate of prime plus 1 percent per annum after default until paid.

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Supplemental Schedule of Non-Cash Financing Activities (Details Narrative) (USD $)	6 Months Ended			1 Months Ended	6 Months Ended
	Jun. 30, 2012 Class A common stock issued for convertible debenture #1	Jun. 30, 2011 Class A common stock issued for convertible debenture #1	Jun. 30, 2012 Class A common stock issued for convertible debenture #2	May 27, 2010 President/CEO	Jun. 30, 2012 EPIC Worldwide, Inc.
Accrued interest converted to Debenture	$ 5,000	$ 46,208	$ 5,600		$ 26,050
Common stock issued for Convertible Debentures, Shares	602,410	577,597	11,200,000
Pre-reverse split-Class A common stock		462,077,400		5,645,862,500
Common stock issued for Convertible Debentures, Amount	12,048	143,244	248,000
Beneficial Interest	$ 7,048	$ 97,036	$ 242,400

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Fair Value Measurements - Fair value on a recurring basis (Details) (USD $)	Jun. 30, 2012	Dec. 31, 2011
Convertible promissory notes	$ 5,594,550	$ 2,270,858
Total Liabilities	5,594,550	2,270,858
Level 3
Convertible promissory notes	5,594,550	2,270,858
Total Liabilities	5,594,550	2,270,858
Level 1
Convertible promissory notes	0	0
Total Liabilities	0	0
Level 2
Convertible promissory notes	0	0
Total Liabilities	$ 0	$ 0

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Income Taxes - Deferred Tax Assets (Details) (USD $)	Jun. 30, 2012	Dec. 31, 2011
Components of Deferred Tax Assets [Abstract]
Deferred tax assets	$ 889,000	$ 766,000
Less: Valuation Allowance	(889,000)	(766,000)
Net deferred tax assets	$ 0	$ 0

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Intangible Assets (Tables)

6 Months Ended

Jun. 30, 2012

Goodwill and Intangible Assets Disclosure [Abstract]

Intangible Assets

		2012			2011
Speech enabled auto dialer	$	17,025		$	17,025
Cancer drug delivery system		182,600			182,600
“Green” trademark applications		2,145			2,045
Kenergy patent portfolio		54,870			52,500
Smart Bell		5,000			5,000
Less: accumulated amortization		(91,102	)		(76,154	)
Intangible assets, net	$	170,538		$	183,016

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Promissory Notes (Details Narrative) (USD $)	6 Months Ended
	Jun. 30, 2012
Opal Marketing Corp.
Issue date	Jul. 12, 2011
Promissory Note	$ 15,000
Maturity Date	Mar. 15, 2012
Interest Rate	7.00%
Default Note Payable	15,000
Accrued interest	998
Status	Default
Basner
Issue date	Jul. 22, 2011
Promissory Note	100,000
Maturity Date	Mar. 22, 2012
Interest Rate	7.00%
Default Note Payable	100,000
Accrued interest	6,064
Status	Default
DeJonge
Issue date	Jun. 15, 2011
Promissory Note	25,000
Maturity Date	Jan. 15, 2012
Interest Rate	9.00%
Default Note Payable	25,000
Accrued interest	$ 2,349
Status	Default

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Related Party Transactions-Compensation Ageements (Details Narrative) (USD $) (USD $)	1 Months Ended		12 Months Ended
	Apr. 18, 2012 President/CEO	Jun. 30, 2012 President/CEO	Jun. 30, 2012 GlynnTech, Inc.	Jun. 17, 2009 Jerome Mahoney
Common Shares issued for services	202,057,500
Deferred Compensation Expense	$ 80,823
Deferred Compensation		121,677		319,910
Note Payable		25,679
Administrative Expense			$ 7,500
Frequency of payments			monthly
Terms			90 days' prior written notice

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Subsequent Events (Details Narrative) (USD $)	1 Months Ended
	Jul. 31, 2012
Erxleben
Date	Jul. 22, 2012
Promissory Note	$ 25,000
Maturity Date	Jan. 25, 2013
Interest Rate	10.00%
Southridge
Date	Jul. 16, 2012
Equity Purchase Agreement	$ 17,500
Conversion Price	0.91

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Summary of Significant Accounting Policies

6 Months Ended

Jun. 30, 2012

Accounting Policies [Abstract]

Summary of Significant Accounting Policies

Note 4              Summary of Significant Accounting Policies

a) Basis of Presentation

The accompanying condensed unaudited interim financial statements included herein have been prepared, without audit, pursuant to the rules and regulations of the Securities and Exchange Commission ("SEC"). The condensed financial statements and notes are presented as permitted on Form 10-Q and do not contain information included in the Company's annual statements and notes. Certain information and footnote disclosures normally included in financial statements prepared in accordance with accounting principles generally accepted in the United States of America have been condensed or omitted pursuant to such rules and regulations, although the Company believes that the disclosures are adequate to make the information presented not misleading. It is suggested that these condensed financial statements be read in conjunction with the December 31, 2011 unaudited financial statements and the accompanying notes thereto. The financial statements that were reported in the Company’s Form 10-K for the fiscal year ended December 31, 2011 do not contain audited financial statements audited by an independent registered public accounting firm. While management believes the procedures followed in preparing these condensed financial statements are reasonable, the accuracy of the amounts are in some respects dependent upon the facts that will exist, and procedures that will be accomplished by the Company later in the year. These results are not necessarily indicative of the results to be expected for the full year.

These condensed unaudited financial statements reflect all adjustments, including normal recurring adjustments, which, in the opinion of management, are necessary to present fairly the operations and cash flows for the periods presented.

b) Use of Estimates

The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenue and expenses during the reporting period. Actual results could differ from those estimates.

c) Revenue Recognition

The Company currently derives its revenues from the sales of portable solar powered products, solar rechargeable lantern/flashlight devices, solar backpack rechargers and clothing made from recycled products. Our products are sold directly to consumers through our own website or by direct sales. Payment is made for the products prior to delivery.

d) Product Warranties

The Company warrants the product from defects for 30 days from delivery to the customer. The Company estimates its warranty costs based on historical warranty claims experience in estimating potential warranty claims. Due to the limited sales of the Company's products, management has determined that warranty costs are immaterial and has not included an accrual for potential warranty claims. Presently, costs related to warranty coverage are expensed as incurred. Warranty claims are reviewed quarterly to verify that warranty liabilities properly reflect any remaining obligation based on the anticipated expenditures over the balance of the obligation period.

e) Research and Development Costs

Research and development costs are charged to expense as incurred.

f) Cash and Cash Equivalents

The Company considers all highly liquid investments purchased with original maturities of three months or less to be cash equivalents. There were no cash equivalents at June 30, 2012 and December 31, 2011.

g) Intangible Assets

Development, registration and maintenance costs associated with the filing and registration of patents are prepaid and amortized over the remaining life of the patent, not to exceed 20 years.

As defined in ASC 360-10-35, “Impairment or Disposal of Long-Lived Assets”, long-lived assets and certain identifiable intangibles to be held and used or disposed of by an entity be reviewed for impairment whenever events or changes in circumstances indicate that the carrying amount of an asset may not be recoverable.  The Company has adopted this statement and determined that no additional impairment loss should be recognized for applicable assets at this time.

h) Income Taxes

The Company accounts for income taxes in accordance with ASC 740-10, “Income Taxes”, which requires an asset and liability approach to financial accounting and reporting for income taxes. Deferred income taxes and liabilities are computed annually for differences between the financial statement and the tax basis of assets and liabilities that will result in taxable or deductible amounts in the future based on enacted tax laws and rates applicable to the periods in which the differences are expected to affect taxable income. Valuation allowances are established when necessary to reduce deferred tax assets to the amount expected to be realized.

i) Derivative Liabilities

The Company accounts for its embedded conversion features in its convertible debentures in accordance ASC 815-10, "Derivatives and Hedging", which requires a periodic valuation of their fair value and a corresponding recognition of liabilities associated with such derivatives, and ASC 815-40, “Contracts in Entity’s Own Equity”. The recognition of derivative liabilities related to the issuance of convertible debt is applied first to the proceeds of such issuance as a debt discount, at the date of issuance, and the excess of derivative liabilities over the proceeds is recognized as “Loss on Valuation of Derivative” in other expense in the accompanying financial statements. Any subsequent increase or decrease in the fair value of the derivative liabilities is recognized as “Other expense” or “Other income”, respectively.

j) Fair Value of Instruments

The carrying amount reported in the balance sheet for cash and cash equivalents, deposits, prepaid expenses, accounts payable, and accrued expenses approximate fair value because of the immediate or short-term maturity of these financial instruments. The carrying amount reported for notes payable approximates fair value because, in general, the interest on the underlying instruments fluctuates with market rates.

k) Concentrations of Credit Risk

Financial instruments that potentially subject the Company to concentrations of credit risk consist primarily of trade accounts receivable and cash. As of June 30, 2012 and December 31, 2011, the Company believes it has no significant risk related to its concentration within its accounts receivable.

The Company maintains cash and cash equivalent balances at a financial institution that is insured by the Federal Deposit Insurance Corporation up to $250,000. There were no uninsured cash balances at June 30, 2012 and December 31, 2011.

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Capital Stock (Details Narrative) (USD $)	6 Months Ended
	Jun. 30, 2012	Jun. 30, 2011
Class A common stock issued for convertible debenture #1
Common stock issued for Convertible Debentures, Shares	602,410	577,597
Common stock issued for Convertible Debentures, Amount	$ 12,048	$ 143,244
Reduction in debt	5,000	46,208
Beneficial Interest	7,048	97,036
Class A common stock issued for convertible debenture #2
Common stock issued for Convertible Debentures, Shares	11,200,000
Common stock issued for Convertible Debentures, Amount	248,000
Reduction in debt	5,600
Beneficial Interest	242,400
Class A common stock issued for deferred compensation
Common Stock issued for Services, Shares	202,057,500
Common Stock issued for Services, Amount	$ 80,823
Class B Common Stock
Voting Rights	100
Class C Common Stock
Voting Rights	1,000

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Summary of Significant Accounting Policies (Details Narrative) (USD $)	6 Months Ended
	Jun. 30, 2012
Product Warranties
Product Warranty	30 days
Intangibles
Life of amortization of Intangible Assets	20 years
Concentration of Risk
FDIC Insured	$ 250,000

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Business Operations (Details Narrative) (USD $)	6 Months Ended	12 Months Ended
	Jun. 30, 2012	Jun. 30, 2012		Jun. 30, 2011	Jun. 30, 2010	Jun. 18, 2009
Products and Services
Purchase of Rights and Ownership						$ 182,600
Employee Agreements
Annual Base Salary		$ 96,000	[1]	$ 96,000	$ 96,000
Properties-Rental of office space
Rent, sq feet	2,375 square feet

[1] It is the present intention of Mr. Glynn to defer a portion of his salary payment for at least the next 6 months

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Capital Stock Additional Stock (Details Narrative) (USD $)	Jun. 30, 2012	Mar. 05, 2012	Dec. 31, 2011
Class C Common Stock
Common stock, authorized shares	20,000,000		20,000,000
Class B Common Stock
Common stock, authorized shares	50,000,000		50,000,000
Class A Common Stock
Common stock, authorized shares	625,000,000	125,000,000	125,000,000

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Income (Loss) Per Share - Computation of income (loss) per share (Details) (USD $)	3 Months Ended		6 Months Ended
	Jun. 30, 2012	Jun. 30, 2011	Jun. 30, 2012	Jun. 30, 2011
Basic net income (loss) per share computation:
Net income (loss) attributable to common stockholders	$ (8,021,524)	$ 692,441	$ (9,856,862)	$ 945,925
Weighted-average common shares outstanding	185,111,512	12,418,388	98,847,699	12,396,050
Basic net income (loss) per share attributable to common stockholders	$ (0.04)	$ 0.06	$ (0.10)	$ 0.08
Diluted net income (loss) per share computation:
Net income (loss) attributable to common stockholders	$ (8,021,524)	$ 692,441	$ (9,856,862)	$ 945,925
Weighted-average common shares outstanding	185,111,512	12,418,388	98,847,699	12,396,050
Incremental shares attributable to the assumed conversion of Convertible debenture and convertible promissory note				12,603,950
Total adjusted weighted-average shares	185,111,512	25,000,000	98,847,699	25,000,000
Diluted net income (loss) per share attributable to common stockholders	$ (0.04)	$ 0.03	$ (0.10)	$ 0.04

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Income (Loss) Per Share (Details Narrative)	6 Months Ended
	Jun. 30, 2012	Jun. 30, 2011
Earnings Per Share [Abstract]
Common Stock Equivalents	856,435,568	45,256,751
Authorized Shares for diluted earnings per common share	25,000,000	25,000,000

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Going Concern

6 Months Ended

Jun. 30, 2012

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Going Concern

Note 3             Going Concern

The accompanying financial statements have been prepared in conformity with accounting principles generally accepted in the United States of America, which contemplates continuation of the Company as a going concern.

For the six months ended June 30, 2012, the Company had a negative cash flow from operations, negative working capital and a loss from operations. These matters raise substantial doubt about the Company's ability to continue as a going concern. Therefore, recoverability of a major portion of the recorded asset amounts shown in the accompanying balance sheets is dependent upon continued operations of the Company, which in turn, is dependent upon the Company's ability to raise capital and/or generate positive cash flow from operations.

Management plans on developing new products and increasing their sales to new customers, to achieve profitability and to generate a positive cash flow. However, these plans are dependent upon obtaining additional capital. The financial statements do not include any adjustments relating to the recoverability and classification of recorded assets, or the amounts and classification of liabilities that might be necessary in the event the Company cannot continue in existence.

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Intangible Assets - Intangible Assets (Details) (USD $)	Jun. 30, 2012	Dec. 31, 2011
Accumulated Amortization	$ (91,102)	$ (76,154)
Intangible Asset, net	170,538	183,016
Speech enabled auto dialer
Intangible Asset, gross	17,025	17,025
Smart Bell
Intangible Asset, gross	5,000	5,000
Cancer drug delivery system
Intangible Asset, gross	182,600	182,600
Kenergy patent portfolio
Intangible Asset, gross	54,870	52,500
"Green" trademark applications
Intangible Asset, gross	$ 2,145	$ 2,045

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Convertible Promissory Note and Derivative Liability (Related Party) Derivative and Hedging(Details Narrative) (iVoice Technology, Inc., USD $)	0 Months Ended	6 Months Ended	12 Months Ended
	Mar. 05, 2008	Jun. 30, 2012	Dec. 31, 2011
iVoice Technology, Inc.
Risk free interest	5.60%
Expected dividend rate	0.00%
Expected Life (years)	5 years
Expected Volatility	263.04%
Debt discount	$ 50,652
Loss on valuation derivative	67,530	2,523,399
Gain on valuation derivative			$ 265,822

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Condensed Balance Sheets (USD $)	Jun. 30, 2012	Dec. 31, 2011
Current assets:
Cash and cash equivalents	$ 1,033	$ 6,960
Accounts receivable, net of allowance for doubtful accounts of $2,862	98	477
Inventory	90,491	93,803
Prepaid and other current assets	5,302	6,965
Total current assets	96,924	108,205
Property and equipment, net	10,992	11,614
Other assets, security deposits	21,375	21,375
Intangible assets, net	170,538	183,016
Total assets	299,829	324,210
Current liabilities:
Accounts payable and accrued expenses	815,346	639,522
Due to related parties	151,974	174,307
Promissory note due to related parties	125,000	125,000
Promissory note due	140,000	140,000
Convertible promissory note, net of unamortized debt discount of $10,857 and $18,824, respectively	69,079	61,112
Convertible debentures, net of unamortized debt discount of $76,386 and $45,098, respectively	1,217,687	1,196,025
Derivative liabilities	5,594,550	2,270,858
Total current liabilities	8,113,636	4,606,824
Stockholders' deficit:
Preferred stock, $1.00 par value; authorized 1,000,000 shares; no shares issued and outstanding	0	0
Additional paid-in capital	1,917,509	1,913,613
Accumulated deficit	(20,688,329)	(10,831,467)
Total stockholders' deficit	(7,813,807)	(4,282,614)
Total liabilities and stockholders' deficit	299,829	324,210
Class C Common Stock
Stockholders' deficit:
Common Stock	0	0
Class A Common Stock
Stockholders' deficit:
Common Stock	10,956,913	4,635,140
Class B Common Stock
Stockholders' deficit:
Common Stock	$ 100	$ 100

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Additional paid-in capital (Details Narrative) (USD $)	6 Months Ended
	Jun. 30, 2012
Additional Paid in Capital [Abstract]
Due to Related Party	$ 437,000
Increse in Additional Paid In Capital	$ 40,924

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Background

6 Months Ended

Jun. 30, 2012

Accounting Policies [Abstract]

Background

Note 1             Background

In September 2004, the Board of Directors of iVoice, Inc., the former parent of the Company, resolved to pursue the separation of iVoice software business into three publicly owned companies. SpeechSwitch, Inc. (“SpeechSwitch” or “Company”) was incorporated under the laws of New Jersey on November 10, 2004 as a wholly owned subsidiary of iVoice, Inc. ("iVoice"). The Company received by assignment all of the interests in and rights and title to, and assumed all of the obligations of, all of the agreements, contracts, understandings and other instruments of iVoice Technology 3, Inc., a Nevada corporation and affiliate of the Company.

On August 4, 2005, the Company received notice from the SEC that the registration statement to effectuate the spin-off of the SpeechSwitch from iVoice was declared effective and the Company immediately embarked on the process to spin off the SpeechSwitch from iVoice.

On August 5, 2005, the spin-off transaction was accomplished, by the assignment, contribution and conveyance of certain intellectual property, representing the software codes of speech recognition, and certain accrued liabilities and related party debt into SpeechSwitch (the "Spin-off"). The Class A Common Stock shares of the Company were distributed to iVoice shareholders in the form of a taxable special dividend distribution.

In June 2009 Kenneth P. Glynn acquired debt owed by SpeechSwitch, Inc. to third party creditors and the company moved its headquarters from Matawan, NJ to Flemington, NJ.

In September 2009, Kenneth P. Glynn established the Kenergy Scientific Group to seek new products to be sold under the Kenergy Scientific brand.  The Group acquired a small inventory of solar rechargeable lanterns for testing and eventual sales.

In 2010, the Company launched several products on its website www.greensmartstore.com and is pursuing the opening of its first company–owned GreenSmart Store. The Company may seek to expand its operations through additional sales and marketing activity and the acquisition of additional businesses.

On February 3, 2011, the Company changed its name to Kenergy Scientific, Inc.

In November 2011, the Company opened its first company-owned GreenSmart Store at the Flemington Marketplace in Flemington, NJ.

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Related Party Transactions (Details Narrative) (USD $)	1 Months Ended	0 Months Ended		1 Months Ended
	Dec. 28, 2009 GlynnTech, Inc.	Jun. 18, 2009 GlynnTech, Inc.	Jun. 02, 2009 GlynnTech, Inc.	Jun. 22, 2010 EPIC Worldwide, Inc.	Mar. 05, 2008 iVoice Technology, Inc.
Promissory Note	$ 125,000	$ 100,000	$ 37,000	$ 337,000	$ 50,562
Maturity Date	Dec. 31, 2010	Jun. 30, 2010	Jun. 30, 2010	Jun. 30, 2010

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Subsequent Events

6 Months Ended

Jun. 30, 2012

Subsequent Events [Abstract]

Subsequent Events

Note 17 Subsequent Events

On July 16, 2012, the Company finalized an equity facility with Southridge Partners II, LP, a Delaware limited partnership (“Southridge”), whereby the parties entered into (i) an equity purchase agreement and (ii) a registration rights agreement. Pursuant to the terms of the Equity Agreement, for a period of twenty-four (24) months commencing on the effective date of the initial Registration Statement covering the Registrable Securities, Southridge shall commit to purchase up to $17,500,000 of the Company’s Class A common stock, no par value per share (the “Put Shares”). The purchase price of the Put Shares under the Equity Agreement is equal to ninety-one percent (91%) of the lowest closing price of the stock following the five (5) trading days after which a put notice is deemed delivered to Southridge in the manner provided by the Equity Agreement. The Company also entered into the Registration Rights Agreement with Southridge. Pursuant to the terms of the Registration Rights Agreement, the Company is obligated to file a registration statement with the U.S. Securities and Exchange Commission to cover the Registrable Securities within 90 days of closing and thereafter the Company shall use its commercially reasonable efforts to cause the Registration Statement to be declared effective by the SEC within five (5) business days after notice from the SEC that the Registration Statement may be declared effective.

On July 22, 2012, the Company issued a promissory note, in an aggregate of $25,000, to Fred Erxleben (“Erxleben”). Amounts due under this note are due on or before January 25, 2013 and pays interest at the rate of 10% per annum. In the event that the Company fails to make payment in full by January 25, 2013, then the note will be in default and the lender may take whatever action he may elect to recover his loss while continuing to accrue 10% interest.

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Related Party Transactions-Additional (Details Narrative) (USD $)	1 Months Ended	0 Months Ended	6 Months Ended	1 Months Ended
	Jun. 17, 2009 iVoice Technology, Inc.	Mar. 05, 2008 iVoice Technology, Inc.	Jun. 30, 2012 iVoice Technology, Inc.	Jun. 17, 2009 Jerome Mahoney		May 27, 2010 President/CEO	Jun. 30, 2012 President/CEO	Jun. 17, 2009 iVoice Technology, Inc. to Speed Switch
Date of issuance			Mar. 05, 2008	Aug. 05, 2005
Debt Instrument, Balance	$ 79,936		$ 79,936	$ 71,756	[1]	$ 509,425		$ 3,600
Accrued Interest	4,344		14,667	98,379
Interest Rate		Prime + 1%		Prime + 1%
Deferred Compensation				$ 319,910			$ 121,677
Description						Settle debt with Jerome Mahoney
Aggregrate share issued						7,057,328
Pre-reverse split-Class A common stock						5,645,862,500
Class B common stock						10,000
Conversion Price				0.80

[1] The outstanding promissory note, referred to above, will bear interest at the rate of Prime plus 1.0% per annum on the unpaid balance until paid. Under the terms of the Promissory Note, at the option of the Promissory Note holder, principal and interest can be converted into either (i) one share of SpeechSwitch Class B Common Stock, par value $.01 per share, for each dollar owed, (ii) the number of shares of SpeechSwitch Class A Common Stock calculated by dividing (x) the sum of the principal and interest that the Note holder has requested to have prepaid by (y) eighty percent (80%) of the lowest issue price of Class A Common Stock since the first advance of funds under this Note, or (iii) payment of the principal of this Promissory Note, before any repayment of interest

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Income (Loss) Per Share (Tables)

6 Months Ended

Jun. 30, 2012

Earnings Per Share [Abstract]

Computation of income (loss) per share

	Six months Ended			Six months Ended
	June 30, 2012			June 30, 2011
Basic net income (loss) per share computation:
Net income (loss) attributable to common stockholders	$	(9,856,862	)	$	945,925
Weighted-average common shares outstanding (see below)		98,847,699			12,396,050
Basic net income (loss) per share attributable to common stockholders (see below)	$	(0.10	)	$	0.08
Diluted net income (loss) per share computation
Net income (loss) attributable to common stockholders	$	(9,856,862	)	$	945,925
Weighted-average common shares outstanding (see below)		98,847,699			12,396,050
Incremental shares attributable to the assumed conversion of Convertible debenture and convertible promissory note		—			12,603,950
Total adjusted weighted-average shares		98,847,699			25,000,000
Diluted net income (loss) per share attributable to common stockholders (see below)	$	(0.10	)	$	0.04

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Business Operations

6 Months Ended

Jun. 30, 2012

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Business Operations

Note 2             Business Operations

In June 2009, we entered into fields of development of various products relating to solar power generating systems; portable solar powered products, such as cell phone and PDA rechargers that are solar rechargeable; solar rechargeable lantern/flashlight devices; solar backpack rechargers; solar power audio devices, such as radios; wind power generating systems; and, creative products based on proprietary positions, especially in the area of healthcare. We may seek to expand our operations through additional sales and marketing activity and the acquisition of additional businesses. Any potential acquired additional businesses may be outside the current field of our operations. We may not be able to identify, successfully integrate or profitably manage any such business or operations. Currently, we have no plans, proposal or arrangements, either orally or in writing, regarding any proposed acquisitions and is not considering any potential acquisitions.

Products and Services

The following description of our business is intended to provide an understanding of our product and the direction of our initial marketing strategy. As the new product development is in its early development stages, any focus described in the following pages may change and different initiatives may be pursued, at the discretion of Management. Our areas of development and recent activities include:

(a) On June 18, 2009, the Company acquired rights and ownership from GlynnTech, Inc. of technology and pending patent applications relating to cancer treatment drug delivery systems, and the technology transfer into the Company included a prototype, numerous variations on designs, CAD drawings, pending patent applications, risk analysis studies, development history and presentation documents. The sale was “at cost” of GlynnTech, Inc. in the amount of $182,600.00. The Agreement called for the aggregate purchase price to be in various denominations of one-year notes. The business objective was to transfer a potentially significant profit opportunity from GlynnTech, Inc. to Kenergy Scientific, Inc. Three presentations had previously been made to pharmaceutical industry candidates and feedback indicated a high level of interest in potential purchase of this technology following FDA approval of this product.

(b) In the solar rechargeable products sector, candidates for future sales currently include an iPhone/iPod recharger; a solar powered recharger for the cell phones and PDA’s; a backpack solar recharger with chips for attachment to a backpack, a tent, an outdoor line, etc. with a storage pocket and an array of interchangeable connectors for diverse electronic devices; a solar powered lantern/flashlight; a solar powered radio/flashlight; a solar powered laptop recharger, and other devices. Product launches on a majority of these items were in the third quarter of 2010. Initial product launches involved Internet sales, with a roll-out to our retail outlet in November 2011.

(c) In solar power energy production systems, the Company is reviewing numerous models of solar photovoltaic panels and converters, as well as unique aftermarket opportunities. The Company intends to partner with installers and market home, office and commercial solar panels through various media.

(d) In the wind power energy production systems, third party companies will review various microturbine products to license and sell.

Distribution

Within the first two years under new management, the Company created a viable website and contracted with major retailers and multimedia advertising for the solar powered rechargers and other products. In addition, the Company opened one retail store, as well as offering additional products made from recycled materials and/or biodegradable materials in the marketplace.

Product Development

We currently have significant long term plans to engage in future research and development, to create valuable intellectual property rights and/or to launch new products. The Company will acquire third party patent rights, develop its own patent rights and evolve both new product and intellectual property transfer (sale or license) opportunities.

Business Development

Business development objectives at the Company will be to focus on the primary functions as listed below:

1. Continuously develop product ideas, manufacturing and supply alliances;

2. Expand sales opportunities through diverse resources;

3. Develop retail outlets;

4. Evolve franchising opportunities using company retail outlets as a base;

5. Create a continuous flow of ideas and inventions to develop patent and/or new product opportunity

Strategic Alliances

Kenergy Scientific’s business development efforts will seek to engage and secure strategic alliances with alternative energy related businesses and professional organizations in order to develop marketing programs that will expand market share for our products and develop brand recognition by entering into strategic alliances with companies that offer these products and/or services, the Company will accelerate its entry into various markets, while eliminating or reducing various training, learning curve, employee and overhead costs.

Sales and Marketing

The Company had nominal sales during the years 2011 and 2010. Sales have been slow due to research and development, product selections, product testing and other launch preparation. Sales through the third quarters of 2011 were through our website and additional opportunities are being developed, through third party retail and internet sites and through third party distributors. In November 2011, the Company opened its first company-owned GreenSmart retail store and we expect to expand our store plans to include other Company owned stores.

Intellectual Property Rights

The Company has completed the acquisition of the patented rights for the cancer treatment patent awarded by the United States Patent and Trademark Office. No foreign counterparts have been filed at this time.

Also, the company now has numerous patent applications and some issued patents in the fields of microturbine, wind power generators, third generation solar power generators, solar desalination, solar-wind hybrid power generators, biodegradable bandages and other energy and healthcare related inventions.

Employees

Kenneth P. Glynn was elected to the positions of President, Secretary and Chairman of the Board on June 16, 2009. On July 1, 2009, the Company entered into a one (1) year employment agreement with Mr. Glynn to serve as President and Chief Executive of the Company at an annual base salary of $96,000 for the first year. On July 1, 2010 and 2011, the Company renewed Mr. Glynn’s employment agreement for an additional one (1) year at an annual base salary of $96,000 for the year. It is the present intention of Mr. Glynn to defer a portion of his salary payment for at least the next 6 months.

As of June 30, 2012, we had one employee, Kenneth P. Glynn. All other participants in Company activities are through purchased support services and independent contractors.

Properties

We do not own any real property. We rent office space from GlynnTech, Inc. located at 6 Minneakoning Road, Flemington, New Jersey. We also rent 2,375 square feet of retail sales space from Flemington Mall, LLC for our GreenSmart retail store. We intend to continue renting such spaces and anticipate no relocation of our offices or store front in the foreseeable future. We are unaware of any environmental problems in connection with these locations, and, because of the nature of our activities, do not anticipate such problems.

Kenergy Scientific’s Management

Kenneth P. Glynn was elected to the positions of President, Secretary and Chairman of the board on June 16, 2009.

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Condensed Balance Sheets (Parenthetical) (USD $)	Jun. 30, 2012	Dec. 31, 2011
Allowance for doubtful accounts	$ 2,862	$ 2,862
Convertible promissory note, unamortized debt discount	10,857	18,824
Convertible debentures, unamortized debt discount	$ 76,386	$ 45,098
Preferred stock, par value	$ 1	$ 1
Preferred stock, authorized shares	1,000,000	1,000,000
Preferred stock, issued shares	0	0
Preferred stock, outstanding shares	0	0
Class C Common Stock
Common stock, par value	$ 0.01	$ 0.01
Common stock, authorized shares	20,000,000	20,000,000
Common stock, issued shares	0	0
Common stock, outstanding shares	0	0
Class A Common Stock
Common stock, par value	$ 0	$ 0
Common stock, authorized shares	625,000,000	125,000,000
Common stock, issued shares	226,278,298	12,418,388
Common stock, outstanding shares	226,278,298	12,418,388
Class B Common Stock
Common stock, par value	$ 0.01	$ 0.01
Common stock, authorized shares	50,000,000	50,000,000
Common stock, issued shares	10,000	10,000
Common stock, outstanding shares	10,000	10,000

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Capital Stock

6 Months Ended

Jun. 30, 2012

Equity [Abstract]

Capital Stock

Note 12 Capital Stock

Pursuant to Kenergy Scientific's certificate of incorporation, as amended, as of June 30, 2012, the Company is authorized to issue 1,000,000 shares of Preferred Stock, par value of $1.00 per share, 625,000,000 shares of Class A Common Stock, no par value per share, 50,000,000 shares of Class B Common Stock, par value $0.01 per share, and 20,000,000 shares of Class C Common Stock, par value $0.01 per share. Below is a description of Kenergy Scientific's outstanding securities, including Preferred Stock, Class A Common Stock, Class B Common Stock, and Class C Common Stock.

On March 5, 2012, the Company amended its Certificate of Incorporation to increase the number of authorized Class A Common Stock Shares to 625,000,000, as authorized by the Board of Directors and adopted by the shareholders on February 15, 2012. The effect of this amendment was to increase the authorized shares from 125,000,000 to 625,000,000.

a) Preferred Stock

Kenergy Scientific is authorized to issue 1,000,000 shares of Preferred Stock, par value $1.00 per share. As of June 30, 2012, Kenergy Scientific has not issued any shares of Preferred Stock.

b) Class A Common Stock

As of June 30, 2012 and December 31, 2011, there are 625,000,000 and 125,000,000 shares of Class A Common Stock authorized, respectively, no par value, and 226,278,298 and 12,418,388 shares were issued and outstanding, respectively.

Each holder of Class A Common Stock is entitled to receive ratably dividends, if any, as may be declared by the Board of Directors out of funds legally available for payment of dividends. The Company has never paid any dividends on its common stock and does not contemplate doing so in the foreseeable future. The Company anticipates that any earnings generated from operations will be used to finance its growth objectives.

For the six months ended June 30, 2012, the Company had the following transactions in its Class A common stock:

· The Company issued 602,410 shares of Class A common stock for repayment of convertible debenture in lieu of cash, valued at $12,048. The difference in the market value and the reduction in debt of $5,000 was charged to beneficial interest in the amount of $7,048.

· The Company issued an aggregate of 11,200,000 shares of Class A common stock for repayment of convertible debenture in lieu of cash, valued at $248,000. The difference in the market value and the reduction in debt of $5,600 was charged to beneficial interest in the amount of $242,400.

· The Company issued 202,057,500 shares of Class A common stock to Mr. Glynn as repayment of $80,823 of deferred compensation that Mr. Glynn earned in 2009 and 2010. These shares contain a restrictive legend which will limit Mr. Glynn’s ability to liquidate these into the open market.

c) Class B Common Stock

As of June 30, 2012, there are 50,000,000 shares of Class B Common Stock authorized, par value $.01 per share and 10,000 shares were issued and outstanding. Each holder of Class B Common Stock has voting rights equal to 100 shares of Class A Common Stock. A holder of Class B Common Stock has the right to convert each share of Class B Common Stock into the number of shares of Class A Common Stock determined by dividing the number of Class B Common Stock being converted by a 20% discount of the lowest price that Kenergy Scientific, Inc. had ever issued its Class A Common Stock. Upon liquidation, dissolution, or winding-up, holders of Class B Common Stock will be entitled to receive distributions.

d) Class C Common Stock

As of June 30, 2012, there are 20,000,000 shares of Class C Common Stock authorized, par value $.01 per share. Each holder of Class C Common Stock is entitled to 1,000 votes for each share held of record. Shares of Class C Common Stock are not convertible into Class A Common Stock. Upon liquidation, dissolution or wind-up, the holders of Class C Common Stock are not entitled to receive the Company’s net assets pro rata. As of June 30, 2012, no shares were issued or outstanding.

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Document and Entity Information	6 Months Ended
	Jun. 30, 2012	Aug. 10, 2012 Class B Common Stock	Aug. 10, 2012 Class A Common Stock
Entity Registrant Name	Kenergy Scientific, Inc.
Entity Central Index Key	0001307989
Document Type	10-Q
Document Period End Date	Jun. 30, 2012
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Is Entity a Well-known Seasoned Issuer?	No
Is Entity a Voluntary Filer?	No
Is Entity's Reporting Status Current?	Yes
Entity Filer Category	Smaller Reporting Company
Entity Common Stock, Shares Outstanding		10,000	226,278,298
Document Fiscal Period Focus	Q2
Document Fiscal Year Focus	2012

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Additional paid-in capital

6 Months Ended

Jun. 30, 2012

Notes to Financial Statements

Additional paid-in capital

Note 13 Additional paid-in capital

As of June 30, 2012, the Company has owed as much as $437,000 to a related party director of the Company. The loans are non-interest bearing, unsecured and due at various times up to December 28, 2010 and are included in the loans payable, related party balance. However, ASC 835-30 “Imputation of Interest” has been applied to impute the interest on loan from June 1, 2009 as there was no interest rate stipulated in the agreements. An accumulation of $40,924 has been imputed as interest over the periods and as per ASC 835-30, has been credited to Additional paid-in capital.

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Condensed Statements of Operations (USD $)	3 Months Ended		6 Months Ended
	Jun. 30, 2012	Jun. 30, 2011	Jun. 30, 2012	Jun. 30, 2011
Income Statement [Abstract]
Net sales	$ 7,669	$ 1,266	$ 24,191	$ 3,813
Cost of sales	3,990	1,573	12,538	2,997
Gross margin (loss)	3,679	(307)	11,653	816
Operating expenses:
General and administrative expenses	120,556	71,888	277,079	178,205
Depreciation and amortization	7,904	7,211	15,570	14,321
Total operating expenses	128,460	79,099	292,649	192,526
Loss from operations	(124,781)	(79,406)	(280,996)	(191,710)
Other income (expense):
Interest expense	(6,247,735)	(18,761)	(6,279,115)	(133,707)
Amortization of debt discount	(53,535)	(116,484)	(90,229)	(257,924)
Gain (loss) on valuation of derivatives	(1,599,093)	907,092	(3,210,142)	1,529,266
Other income	3,620		3,620
Total other income (expense)	(7,896,743)	771,847	(9,575,866)	1,137,635
Income (loss) from operations before Income taxes	(8,021,524)	692,441	(9,856,862)	945,925
Provision for income taxes
Net income (loss) attributable to common Shares	$ (8,021,524)	$ 692,441	$ (9,856,862)	$ 945,925
Basic income (loss) per common share	$ (0.04)	$ 0.06	$ (0.10)	$ 0.08
Diluted income (loss) per common share	$ (0.04)	$ 0.03	$ (0.10)	$ 0.04
Weighted average shares outstanding -
Basic	185,111,512	12,418,388	98,847,699	12,396,050
Diluted	185,111,512	25,000,000	98,847,699	25,000,000

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Income Taxes

6 Months Ended

Jun. 30, 2012

Income Tax Disclosure [Abstract]

Income Taxes

Note 7 Income Taxes

Deferred income taxes will be determined using the liability method for the temporary differences between the financial reporting basis and income tax basis of the Company's assets and liabilities. Deferred income taxes will be measured based on the tax rates expected to be in effect when the temporary differences are included in the Company's tax return. Deferred tax assets and liabilities are recognized based on anticipated future tax consequences attributable to differences between financial statement carrying amounts of assets and liabilities and their respective tax bases.

At June 30, 2012 and December 31, 2011 deferred tax assets consist of the following:

	June 30, 2012		December31, 2011
Deferred tax assets	889,000		766,000
Less: Valuation Allowance	(889,000	)	(766,000	)
Net deferred tax assets	-0-		-0-

At June 30, 2012 and December 31, 2011, the Company had federal net operating loss carry forwards in the approximate amounts of $2,614,000 and $2,254,000, respectively, available to offset future taxable income. The Company established valuation allowances equal to the full amount of the deferred tax assets due to the uncertainty of the utilization of the operating losses in future periods.

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Intangible Assets

6 Months Ended

Jun. 30, 2012

Goodwill and Intangible Assets Disclosure [Abstract]

Intangible Assets

Note 6 Intangible Assets

At June 30, 2012 and December 31, 2011, intangible assets consist of the following: 

		2012			2011
Speech enabled auto dialer	$	17,025		$	17,025
Cancer drug delivery system		182,600			182,600
“Green” trademark applications		2,145			2,045
Kenergy patent portfolio		54,870			52,500
Smart Bell		5,000			5,000
Less: accumulated amortization		(91,102	)		(76,154	)
Intangible assets, net	$	170,538		$	183,016

As defined in ASC 360-10-35, “Impairment or Disposal of Long-Lived Assets”, long-lived assets and certain identifiable intangibles to be held and used or disposed of by an entity be reviewed for impairment whenever events or changes in circumstances indicate that the carrying amount of an asset may not be recoverable.  The Company has adopted this statement and determined that no additional impairment loss should be recognized for applicable assets at this time.

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Summary of Significant Accounting Policies (Policies)

6 Months Ended

Jun. 30, 2012

Accounting Policies [Abstract]

Basis of Presentation

a) Basis of Presentation

The accompanying condensed unaudited interim financial statements included herein have been prepared, without audit, pursuant to the rules and regulations of the Securities and Exchange Commission ("SEC"). The condensed financial statements and notes are presented as permitted on Form 10-Q and do not contain information included in the Company's annual statements and notes. Certain information and footnote disclosures normally included in financial statements prepared in accordance with accounting principles generally accepted in the United States of America have been condensed or omitted pursuant to such rules and regulations, although the Company believes that the disclosures are adequate to make the information presented not misleading. It is suggested that these condensed financial statements be read in conjunction with the December 31, 2011 unaudited financial statements and the accompanying notes thereto. The financial statements that were reported in the Company’s Form 10-K for the fiscal year ended December 31, 2011 do not contain audited financial statements audited by an independent registered public accounting firm. While management believes the procedures followed in preparing these condensed financial statements are reasonable, the accuracy of the amounts are in some respects dependent upon the facts that will exist, and procedures that will be accomplished by the Company later in the year. These results are not necessarily indicative of the results to be expected for the full year.

These condensed unaudited financial statements reflect all adjustments, including normal recurring adjustments, which, in the opinion of management, are necessary to present fairly the operations and cash flows for the periods presented.

b) Use of Estimates

b) Use of Estimates

The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenue and expenses during the reporting period. Actual results could differ from those estimates.

c) Revenue Recognition

c) Revenue Recognition

The Company currently derives its revenues from the sales of portable solar powered products, solar rechargeable lantern/flashlight devices, solar backpack rechargers and clothing made from recycled products. Our products are sold directly to consumers through our own website or by direct sales. Payment is made for the products prior to delivery.

d) Product Warranties

d) Product Warranties

The Company warrants the product from defects for 30 days from delivery to the customer. The Company estimates its warranty costs based on historical warranty claims experience in estimating potential warranty claims. Due to the limited sales of the Company's products, management has determined that warranty costs are immaterial and has not included an accrual for potential warranty claims. Presently, costs related to warranty coverage are expensed as incurred. Warranty claims are reviewed quarterly to verify that warranty liabilities properly reflect any remaining obligation based on the anticipated expenditures over the balance of the obligation period.

e) Research and Development Costs

e) Research and Development Costs

Research and development costs are charged to expense as incurred.

f) Cash and Cash Equivalents

f) Cash and Cash Equivalents

The Company considers all highly liquid investments purchased with original maturities of three months or less to be cash equivalents. There were no cash equivalents at June 30, 2012 and December 31, 2011.

g) Intangible Assets

g) Intangible Assets

Development, registration and maintenance costs associated with the filing and registration of patents are prepaid and amortized over the remaining life of the patent, not to exceed 20 years.

As defined in ASC 360-10-35, “Impairment or Disposal of Long-Lived Assets”, long-lived assets and certain identifiable intangibles to be held and used or disposed of by an entity be reviewed for impairment whenever events or changes in circumstances indicate that the carrying amount of an asset may not be recoverable.  The Company has adopted this statement and determined that no additional impairment loss should be recognized for applicable assets at this time.

h) Income Taxes

h) Income Taxes

The Company accounts for income taxes in accordance with ASC 740-10, “Income Taxes”, which requires an asset and liability approach to financial accounting and reporting for income taxes. Deferred income taxes and liabilities are computed annually for differences between the financial statement and the tax basis of assets and liabilities that will result in taxable or deductible amounts in the future based on enacted tax laws and rates applicable to the periods in which the differences are expected to affect taxable income. Valuation allowances are established when necessary to reduce deferred tax assets to the amount expected to be realized.

i) Derivative Liabilities

i) Derivative Liabilities

The Company accounts for its embedded conversion features in its convertible debentures in accordance ASC 815-10, "Derivatives and Hedging", which requires a periodic valuation of their fair value and a corresponding recognition of liabilities associated with such derivatives, and ASC 815-40, “Contracts in Entity’s Own Equity”. The recognition of derivative liabilities related to the issuance of convertible debt is applied first to the proceeds of such issuance as a debt discount, at the date of issuance, and the excess of derivative liabilities over the proceeds is recognized as “Loss on Valuation of Derivative” in other expense in the accompanying financial statements. Any subsequent increase or decrease in the fair value of the derivative liabilities is recognized as “Other expense” or “Other income”, respectively.

j) Fair Value of Instruments

j) Fair Value of Instruments

The carrying amount reported in the balance sheet for cash and cash equivalents, deposits, prepaid expenses, accounts payable, and accrued expenses approximate fair value because of the immediate or short-term maturity of these financial instruments. The carrying amount reported for notes payable approximates fair value because, in general, the interest on the underlying instruments fluctuates with market rates.

k) Concentrations of Credit Risk

k) Concentrations of Credit Risk

Financial instruments that potentially subject the Company to concentrations of credit risk consist primarily of trade accounts receivable and cash. As of June 30, 2012 and December 31, 2011, the Company believes it has no significant risk related to its concentration within its accounts receivable.

The Company maintains cash and cash equivalent balances at a financial institution that is insured by the Federal Deposit Insurance Corporation up to $250,000. There were no uninsured cash balances at June 30, 2012 and December 31, 2011.

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Stock Options

6 Months Ended

Jun. 30, 2012

Other Liabilities Disclosure [Abstract]

Stock Options

Note 14 Stock Options

During 2005, the Company adopted the 2005 Stock Incentive Plan and the 2005 Directors’ and Officers’ Stock Incentive Plan (“Plan”) in order to attract and retain qualified personnel. Under the Plans, the Board of Directors, in its discretion may grant stock options (either incentive or non-qualified stock options) to officers, directors and employees. The Company has not issued any stock options as of June 30, 2012.

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Convertible Debenture and Derivative Liability

6 Months Ended

Jun. 30, 2012

Debt Disclosure [Abstract]

Convertible Debenture and Derivative Liability

Note 10 Convertible Debenture and Derivative Liability

On March 30, 2007, the Company issued a Secured Convertible Debenture (the "Debenture") to YA Global Investments (f/k/a/ Cornell Capital Partners) (“YA Global”) for the sum of $1,000,000 in exchange for a previously issued notes payable for the same amount. The Debenture has a term of three years, and pays interest at the rate of 5% per annum. YA Global has the right to convert a portion or the entire outstanding principal into the Company's Class A Common Stock at a Conversion Price equal to eighty percent (80%) of the lowest closing Bid Price of the Common Stock during the five (5) trading days immediately preceding the Conversion Date. YA Global may not convert the Debenture into shares of Class A Common Stock if such conversion would result in YA Global beneficially owning in excess of 4.99% of the then issued and outstanding shares of Class A Common Stock. The Conversion Price and number of shares of Class A Common Stock issuable upon conversion of the Debenture are subject to certain exceptions and adjustment for stock splits and combinations and other dilutive events. Subject to the terms and conditions of the Debenture, the Company has the right to redeem ("Optional Redemption") a portion or all amounts outstanding under this Debenture prior to the Maturity Date at any time provided that as of the date of the Holder's receipt of a Redemption Notice (i) the Closing Bid Price of the of the Common Stock, as reported by Bloomberg, LP, is less than the Conversion Price and (ii) no Event of Default has occurred. The Company shall pay an amount equal to the principal amount being redeemed plus a redemption premium ("Redemption Premium") equal to twenty percent (20%) of the principal amount being redeemed, and accrued interest, (collectively referred to as the "Redemption Amount"). During the time that any portion of this Debenture is outstanding, if any Event of Default has occurred, the full principal amount of this Debenture, together with interest and other amounts owing in respect thereof, to the date of acceleration shall become at the Holder's election, immediately due and payable in cash, provided however, the Holder may request (but shall have no obligation to request) payment of such amounts in Common stock of the Company. Furthermore, on addition to any other remedies, the Holder shall have the right (but not the obligation) to convert this Debenture at any time after (x) an Event of Default or (y) the Maturity Date at the Conversion Price then in-effect. The debenture is secured by substantially all of the assets of the Company.

On July 26, 2010, the convertible debenture with YA Global Investments, LP was amended and restated in order to replace the existing debenture with five (5) debentures of $208,707.74 each. The term of the debentures were amended to extend the due date until July 29, 2011. The amendments had the effect of reclassifying $156,199 of non-interest bearing accrued interest into the secured convertible debentures.

During the year ended December 31, 2010, YA Global Investments, LP assigned the debentures that it held to E-Lionheart Associates, LLC (“E-Lionheart”) with an aggregate value of $1,043,539. This was done in conjunction with the execution of a Securities Purchase Agreement with E-Lionheart whereby E-Lionheart will purchase from the Company up to $500,000 of convertible debentures which will provide new financing for the Company. The new convertible debentures are due on August 9, 2011 and have conversion rights essentially the same as YA Global.

During the year ended December 31, 2011, the Company issued an additional 577,597 (462,077,400 pre-reverse split) shares of Class A common stock to E-Lionheart for repayment valued at $143,244. The difference in the market value and the reduction in debt of $46,208 was charged to beneficial interest in the amount of $97,036.

On July 29, 2011 and August 9, 2011, the Company had defaulted on the terms of the E-Lionheart Convertible Debentures and as such, the full principal amount of these Debentures, together with interest and other amounts owing in respect thereof, shall become at the Holder's election, immediately due and payable in cash, provided however, the Holder may request (but shall have no obligation to request) payment of such amounts in Common stock of the Company.

As of June 30, 2012, the outstanding balance on the E-Lionheart Convertible Debentures were $626,123. During the calendar year 2011, the Company notified E-Lionheart that the Company was disputing the balances due upon this debenture due to miscalculations of the effective conversion rates used by E-Lionheart and as of the date of this filing, the dispute has not been settled.

In accordance with ASC 815, "Derivatives and Hedging", the Company determined that the conversion feature of the Debenture met the criteria of an embedded derivative, and therefore the conversion feature of this Debenture needed to be bifurcated and accounted for as a derivative. The fair value of the embedded conversion was estimated at the date of issuance using the Black-Scholes model with the following assumptions: risk free interest rate: 5.6%; expected dividend yield: 0%: expected life: 3 years; and volatility: 165.62%. The accounting guidance instructs that the conversion options are a derivative liability. As such, in March 2007 the Company recorded the conversion options as a liability, recorded a debt discount of $1,000,000, and charged Other Expense - Loss on Valuation of Derivative for $124,479, resulting primarily from calculation of the conversion price. For the six months ended June 30, 2012, the Company recorded a Gain on Valuation of Derivative in the amount of $564,927. For the year ended December 31, 2011, the Company recorded a Gain on Valuation of Derivative in the amount of $51,693.

On June 8, 2010 and June 22, 2010, the Company executed two wrap-around agreements, in an aggregate of $337,000, to assign amounts due under various Promissory Notes due to GlynnTech, Inc to EPIC Worldwide, Inc. (the “Investor”). The wrap-around agreements also modified the original terms to extend the due dates by one year, to include provisions to allow the Investor to convert the amounts due into common stock at a 50% discount of the average three deep bid on the day of conversion and to increase the interest rate to 15% after a 60 day interest free period.

On June 22, 2011, the Company had defaulted on the terms of the 2nd wrap-around agreements and as such, the default interest rate was increased retroactively to 24.99% on the remaining balance of the debt.

As of December 31, 2011, the outstanding balance on the EPIC Convertible Notes were $50,000.

On March 6, 2012, the Company consented to the cancelation of the wrap around agreement with EPIC Worldwide and the reassignment of a new wrap around agreement with ATG, Inc. for $50,000 plus accrued interest of $26,050. Concurrent with the cancelation of the wrap around agreement, the Company also recorded a Gain on Valuation of Derivative in the amount of $154,201 on the retirement of the derivative liability.

On August 9, 2010, the Company entered into a securities purchase agreement with E-Lionheart to purchase up to $500,000 of convertible debentures from the Company. Amounts due under this debenture are due on or before August 9, 2011 and pays interest at the rate of 5% per annum. E-Lionheart has the right to convert a portion or the entire outstanding principal into the Company's Class A Common Stock at a Conversion Price equal to eighty percent (90%) of the lowest closing Bid Price of the Common Stock during the five (5) trading days immediately preceding the Conversion Date. E-Lionheart may not convert the Debenture into shares of Class A Common Stock if such conversion would result in YA Global beneficially owning in excess of 4.99% of the then issued and outstanding shares of Class A Common Stock.

On August 9, 2011, the Company had defaulted on the terms of this Debenture and as such, the full principal amount of this Debentures, together with interest and other amounts owing in respect thereof, shall become at the Holder's election, immediately due and payable in cash, provided however, the Holder may request (but shall have no obligation to request) payment of such amounts in Common stock of the Company.

In accordance with ASC 815, "Derivatives and Hedging", the Company determined that the conversion feature of the Debenture met the criteria of an embedded derivative, and therefore the conversion feature of this Debenture needed to be bifurcated and accounted for as a derivative. The fair value of the embedded conversion was estimated at the date of issuance using the Black-Scholes model with the following assumptions: risk free interest rate: 2.25%; expected dividend yield: 0%: expected life: 1 years; and volatility: 301.66% to 308.06%. The accounting guidance instructs that the conversion options are a derivative liability. As such, on the issue dates, the Company recorded the conversion options as a liability and recorded a debt discount of $143,408. For the six months ended June 30, 2012, the Company recorded a Gain on Valuation of Derivative in the amount of $383,912 on the fluctuation in the current market prices. For the year ended December 31, 2011, the Company recorded a Loss on Valuation of Derivative in the amount of $66,609 on the fluctuation in the current market prices.

On August 26, 2011 and November 22, 2011, the Company issued two convertible promissory notes, in an aggregate of $65,000, to Asher Enterprises, Inc. (“Asher”). Amounts due under these notes are due on or before May 30, 2012 and August 28, 2012, respectively, and pays interest at the rate of 8% per annum. Asher has the right to convert a portion or the entire outstanding principal into the Company's Class A Common Stock at a Conversion Price equal to fifty five percent (55%) of the Average of the lowest three (3) Trading Prices of the Common Stock during the ten (10) Trading Day period immediately preceding the Conversion Date. Asher may not convert the note into shares of Class A Common Stock if such conversion would result in Asher beneficially owning in excess of 4.99% of the then issued and outstanding shares of Class A Common Stock.

On March 7, 2012 the Company issued an additional 602,410 shares of Class A common stock to Asher for repayment of debt valued at $12,048. The difference in the market value and the reduction in debt of $5,000 was charged to beneficial interest in the amount of $7,048.

On March 13, 2012, the Company amended the terms of the August 26, 2011 note to change the Variable Conversion Price to equal thirty five (35%) multiplied by the average of the lowest two Trading Prices of the Common Stock during the thirty (30) Trading Day period immediately preceding the Conversion Date.

As of June 30, 2012 and December 31, 2011, the outstanding balance on these Convertible Promissory Notes was $60,000 and $65,000, respectively.

In accordance with ASC 815, "Derivatives and Hedging", the Company determined that the conversion feature of the Debenture met the criteria of an embedded derivative, and therefore the conversion feature of this Debenture needed to be bifurcated and accounted for as a derivative. The fair value of the embedded conversion was estimated at the date of issuance using the Black-Scholes model with the following assumptions: risk free interest rate: 2.25%; expected dividend yield: 0%: expected life: .75 years; and volatility: 212.29%. The accounting guidance instructs that the conversion options are a derivative liability. As such, on the issue dates, the Company recorded the conversion options as a liability, recorded a debt discount of $65,000, and charged Other Expense - Loss on Valuation of Derivative for $24,294. For the six months ended June 30, 2012, the Company recorded a Gain on Valuation of Derivative in the amount of $20,598 on the fluctuation in the current market prices. For the year ended December 31, 2011, the Company recorded a Loss on Valuation of Derivative in the amount of $139,106 on the fluctuation in the current market prices.

On February 16, 2012 and March 14, 2012, the Company issued an additional two convertible promissory notes, in an aggregate of $37,500, to Asher Enterprises, Inc. (“Asher”). Amounts due under these notes are due on or before November 21, 2012 and December 19, 2012, respectively, and pays interest at the rate of 8% per annum. Asher has the right to convert a portion or the entire outstanding principal into the Company's Class A Common Stock at a Conversion Price equal to fifty five percent (55%) of the Average of the lowest two (2) Trading Prices of the Common Stock during the twenty (20) Trading Day period immediately preceding the Conversion Date. Asher may not convert the note into shares of Class A Common Stock if such conversion would result in Asher beneficially owning in excess of 4.99% of the then issued and outstanding shares of Class A Common Stock.

As of June 30, 2012, the outstanding balance on these Convertible Promissory Notes were $37,500.

In accordance with ASC 815, "Derivatives and Hedging", the Company determined that the conversion feature of the Debenture met the criteria of an embedded derivative, and therefore the conversion feature of this Debenture needed to be bifurcated and accounted for as a derivative. The fair value of the embedded conversion was estimated at the date of issuance using the Black-Scholes model with the following assumptions: risk free interest rate: 2.25%; expected dividend yield: 0%: expected life: .75 years; and volatility: 278.05% and 301.94%, respectively. The accounting guidance instructs that the conversion options are a derivative liability. As such, on the issue dates, the Company recorded the conversion options as a liability, recorded a debt discount of $37,500, and charged Other Expense - Loss on Valuation of Derivative for $73,683. For the six months ended June 30, 2012, the Company recorded a Loss on Valuation of Derivative in the amount of $13,751 on the fluctuation in the current market prices.

On March 6, 2012, the Company consented to the reassignment of the outstanding balance of the EPIC Worldwide wrap around agreements to ATG, Inc. (“ATG”). The outstanding balance of principal and accrued interest was $76,050. ATG subsequently entered into an Assignment and Assumption Agreement with UAIM Corporation (“UAIM”) to assign $10,000 of these funds from ATG to UAIM. Amounts due under these agreements are due on or before March 6, 2013 and pays interest at the rate of 15% per annum. ATG and UAIM have the right to convert a portion or the entire outstanding principal into the Company's Class A Common Stock at a Conversion Price equal to $0.0005 per share. ATG and UAIM may not convert these agreements into shares of Class A Common Stock if such conversion would result in ATG or UAIM beneficially owning in excess of 4.99% of the then issued and outstanding shares of Class A Common Stock.

During the six months ended June 30, 2012, the Company issued an aggregate of 11,200,000 shares of Class A common stock for repayment of $5,600 of convertible debenture in lieu of cash pursuant to the terms of the wrap around agreement.

As of June 30, 2012, the outstanding balance on these agreements were $70,450.

In accordance with ASC 815, "Derivatives and Hedging", the Company determined that the conversion feature of the Debenture met the criteria of an embedded derivative, and therefore the conversion feature of this Debenture needed to be bifurcated and accounted for as a derivative. The fair value of the embedded conversion was estimated at the date of issuance using the Black-Scholes model with the following assumptions: risk free interest rate: 2.25%; expected dividend yield: 0%: expected life: 1.00 years; and volatility: 295.14. The accounting guidance instructs that the conversion options are a derivative liability. As such, on the issue dates, the Company recorded the conversion options as a liability, recorded a debt discount of $76,050, and charged Other Expense - Loss on Valuation of Derivative for $2,925,649. For the six months ended June 30, 2012, the Company recorded a Gain on Valuation of Derivative in the amount of $1,202,702 on the fluctuation in the current market prices.

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Related Party Transactions

6 Months Ended

Jun. 30, 2012

Related Party Transactions [Abstract]

Related Party Transactions

Note 8 Related Party Transactions

On June 1, 2009 and June 2, 2009, the Company issued two (2) one-year promissory notes in the aggregate of $37,000 to GlynnTech, Inc, for GlynnTech to assume a like amount of current obligations that the Company was unable to pay from current operations. The debt was due on or before the 1^st anniversary and was interest free.

On June 18, 2009, the Company acquired the patent rights and technology relating to cancer drug delivery systems developed by GlynnTech, Inc. by the issuance of three (3) $100,000 one-year promissory notes. The promissory notes were due on or before the 1^st anniversary of the notes and were interest free.

On December 28, 2009, the Company completed the transfer of the patent rights and technology relating to cancer drug delivery systems developed by GlynnTech, Inc. by the issuance of three (3) one-year promissory notes for the aggregate amount of $125,000. The promissory notes are due on or before the 1^st anniversary of the notes and are interest free.

On June 8, 2010 and June 22, 2010, the Company executed two wrap-around agreements, in an aggregate of $337,000, to assign amounts due under these one-year promissory notes to EPIC Worldwide, Inc. The Company was in default on the original notes and this allowed the Company to extend the payment terms for an additional year while the Company attains alternate financing.

On June 17, 2009, Kenneth P. Glynn, President and CEO of the Company, acquired debt owed by the Company to third party creditors as follows:

(1)   Promissory Note due to Jerome Mahoney dated August 5, 2005 having a balance on June 17, 2009 of $71,756 and accrued interest of $98,379;

(2)   Deferred Compensation due to Jerome Mahoney as of June 17, 2009 equal to $319,910;

(3)   Convertible promissory note to iVoice, Inc. dated March 5, 2008 having a balance on June 17, 2009, $79,936 and accrued interest of $4,344; and

(4)   Loan from iVoice Technology, Inc. to SpeechSwitch, Inc. in the amount of $3,600.

The outstanding promissory note, referred to above, will bear interest at the rate of Prime plus 1.0% per annum on the unpaid balance until paid. Under the terms of the Promissory Note, at the option of the Promissory Note holder, principal and interest can be converted into either (i) one share of SpeechSwitch Class B Common Stock, par value $.01 per share, for each dollar owed, (ii) the number of shares of SpeechSwitch Class A Common Stock calculated by dividing (x) the sum of the principal and interest that the Note holder has requested to have prepaid by (y) eighty percent (80%) of the lowest issue price of Class A Common Stock since the first advance of funds under this Note, or (iii) payment of the principal of this Promissory Note, before any repayment of interest. The Board of Directors of the Company maintains control over the issuance of shares and may decline the request for conversion of the repayment into shares of the Company.

The amount of deferred compensation, referred to above, was added to the outstanding promissory note for calculations of accrued interest and is payable in the form of cash, debt, or shares of our Class B Common Stock.

On May 27, 2010, the Company issued an aggregate of 7,057,328 (5,645,862,500 pre-reverse split) shares of Class A common stock and 10,000 shares of Class B common stock to Mr. Glynn in settlement of $509,425 (items #1 and #2 above) of promissory notes and accrued interest due to Mr. Glynn. These shares contain a restrictive legend which will limit Mr. Glynn from liquidating these into the open market.

On July 1, 2011, the Company extended the employment agreement with Mr. Glynn for an additional one (1) year period for Mr. Glynn to serve as President and CEO of the Company at an annual base salary of $96,000. During 2011 and the six months ended June 30, 2012, Mr. Glynn drew only a portion of his annual salary and the balance is being deferred.

On April 18, 2012, the Company issued 202,057,500 shares of Class A common stock to Mr. Glynn as repayment of $80,823 of deferred compensation that Mr. Glynn earned in 2009 and 2010. These shares contain a restrictive legend which will limit Mr. Glynn’s ability to liquidate these into the open market.

As of June 30, 2012, the total amount due to Mr. Glynn for unpaid compensation is $121,677.

During the year ended December 31, 2010 and the six months ended June 30, 2012, GlynnTech, Inc and Mr. Glynn have paid some bills on behalf of the Company. As of June 30, 2012, the aggregate amounts due for these payments is $25,679.

On July 1, 2011, the Company extended the Administrative Services Agreement with GlynnTech, Inc to provide back office administrative support to the Company. The administrative services agreement was for an initial term of one year and was extended for an additional one-year periods at the Company’s request. The amended fees are $7,500 per month but may be reduced in scope or eliminated at any time upon 90 days’ prior written notice by the Company to GlynnTech.

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Convertible Promissory Note and Derivative Liability (Related Party)

6 Months Ended

Jun. 30, 2012

Notes to Financial Statements

Convertible Promissory Note and Derivative Liability (Related Party)

Note 9 Convertible Promissory Note and Derivative Liability (Related Party)

The Company had entered into a temporary administrative services agreement with iVoice in 2004. The administrative services agreement continued on a month-to-month basis until December 31, 2008 at which point the agreements were suspended by mutual consent of the parties.

In March 2008, the administrative services agreement was amended to provide that accrued and unpaid administrative services shall be segregated and converted into a Convertible Promissory Note. The principal and interest shall be due and payable as follows: (a) interest shall accrue monthly on the unpaid balance and shall be paid annually, and (b) principal shall be payable on demand.

OnMarch 5, 2008, the Company converted its outstanding accounts payable to iVoice, Inc. for unpaid administrative services in the amount of $50,652 into a convertible promissory note at the rate of prime plus 1 percent per annum. Additional amounts of $42,209 were added to this note based on any unpaid administrative services, and will accrue interest at the above specified rate from date of advance until paid.

On June 17, 2009, Kenneth P. Glynn (a related party) acquired this debt from iVoice, Inc. The Note holder may elect payment of the principal and/or interest, at the its sole discretion, owed pursuant to this Note by requiring the Company to issue either: (i) one Class B common stock share of the Company par value $.01 per share, for each dollar owed, (ii) the number of Class A common stock shares of the Company calculated by dividing (x) the sum of the principal and interest that the Note holder has decided to have paid by (y) eighty percent (80%) of the lowest issue price of Class A common stock since the first advance of funds under this Note, or (iii), payment of the principal of this Note, before any repayment of interest.

As of June 30, 2012, the outstanding balance on the Convertible Promissory Note was $79,936 plus accrued interest of $14,667.

Unless otherwise provided, this Convertible Promissory Note may be prepaid in full or in part at any time without penalty or premium. Partial prepayments shall be applied to installments due in reverse order of their maturity.

In the event of (a) default in payment of any installment of principal or interest hereof as the same becomes due and such default is not cured within ten (10) days from the due date, or (b) default under the terms of any instrument securing this Note, and such default is not cured within fifteen (15) days after written notice to maker, then in either such event the holder may, without further notice, declare the remainder of the principal sum, together with all interest accrued thereon, and the prepayment premium, if any, at once due and payable. Failure to exercise this option shall not constitute a waiver of the right to exercise the same at any other time. The unpaid principal of this Note and any part thereof, accrued interest and all other sums due under this Note shall bear interest at the rate of prime plus 1 percent per annum after default until paid.

The Convertible Promissory Note has a security interest in substantially all of the assets of the Company.

In accordance with ASC 815, "Derivatives and Hedging", the Company determined that the conversion feature of the Promissory Note met the criteria of an embedded derivative, and therefore the conversion feature of this Promissory Note needed to be bifurcated and accounted for as a derivative. The fair value of the embedded conversion was estimated at the date of issuance using the Black-Scholes model with the following assumptions: risk free interest rate: 5.6%; expected dividend yield: 0%: expected life: 5 years; and volatility: 263.04%. The accounting guidance instructs that the conversion options are a derivative liability. As such, at March 5, 2008 the Company recorded the conversion options as a liability, recorded a debt discount of $50,652, and charged Other Expense - Loss on Valuation of Derivative for $67,530, resulting primarily from calculation of the conversion price. For the six months ended June 30, 2012, the Company recorded a Loss on Valuation of Derivative in the amount of $2,523,399 as the result in the change in the conversion formula based on the application of the terms of the promissory note held by Mr. Glynn. For the year ended December 31, 2011, the Company recorded a Gain on Valuation of Derivative in the amount of $265,822.

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Promissory Notes

6 Months Ended

Jun. 30, 2012

Notes to Financial Statements

Promissory Notes

Note 11 Promissory Notes

On June 15, 2011, the Company issued a promissory note, in an aggregate of $25,000, to Stuart W. DeJonge (“DeJonge”). Amounts due under this note are due on or before January 15, 2012 and pays interest at the rate of 9% per annum. On January 15, 2012, the Company defaulted on this note and as such, the lender may take whatever action he may elect to recover his loss while continuing to accrue 9% interest. As of June 30, 2012, the outstanding balance on the DeJonge note was $25,000 and accrued interest of $2,349.

On July 12, 2011, the Company issued a promissory note, in an aggregate of $15,000, to Opal Marketing Corp. Amounts due under this note are due on or before March 15, 2012 and pays interest at the rate of 7% per annum. On March 15, 2012, the Company defaulted on this note and as such, the lender may take whatever action he may elect to recover his loss while continuing to accrue 7% interest. As of June 30, 2012, the outstanding balance on the Opal Marketing Corp. note was $15,000 and accrued interest of $998.

On July 22, 2011, the Company issued a promissory note, in an aggregate of $100,000, to Charles M. Basner (“Basner”). Amounts due under this note are due on or before March 22, 2012 and pays interest at the rate of 7% per annum. On March 22, 2012, the Company defaulted on this note and as such, the lender may take whatever action he may elect to recover his loss while continuing to accrue 7% interest. As of June 30, 2012, the outstanding balance on the Basner note was $100,000 and accrued interest of $6,064.

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Income Taxes (Details Narrative) (USD $)	Jun. 30, 2012	Dec. 31, 2011
Deferred Tax Assets, Operating Loss Carryforwards, Components [Abstract]
Net operating Loss Carryforward,approximate	$ 2,614,000	$ 2,254,000

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Fair Value Measurements

6 Months Ended

Jun. 30, 2012

Fair Value Disclosures [Abstract]

Fair Value Measurements

Note 16 Fair Value Measurements

ASC 825-10 defines fair value as the price that would be received from selling an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. When determining the fair value measurements for assets and liabilities required or permitted to be recorded at fair value, the Company considers the principal or most advantageous market in which it would transact and considers assumptions that market participants would use when pricing the asset or liability, such as inherent risk, transfer restrictions, and risk of nonperformance. ASC 825-10 establishes a fair value hierarchy that requires an entity to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value. ASC 825-10 establishes three levels of inputs that may be used to measure fair value:

Level 1 - Quoted prices in active markets for identical assets or liabilities.

Level 2 - Observable inputs other than Level 1 prices such as quoted prices for similar assets or liabilities; quoted prices in markets with insufficient volume or infrequent transactions (less active markets); or model-derived valuations in which all significant inputs are observable or can be derived principally from or corroborated by observable market data for substantially the full term of the assets or liabilities.

Level 3 - Unobservable inputs to the valuation methodology that are significant to the measurement of fair value of assets or liabilities.

To the extent that valuation is based on models or inputs that are less observable or unobservable in the market, the determination of fair value requires more judgment. In certain cases, the inputs used to measure fair value may fall into different levels of the fair value hierarchy. In such cases, for disclosure purposes, the level in the fair value hierarchy within which the fair value measurement is disclosed is determined based on the lowest level input that is significant to the fair value measurement.

Items recorded or measured at fair value on a recurring basis in the accompanying financial statements consisted of the following items as of June 30, 2012 and December 31, 2011.

June 30, 2012

	Level I		Level II		Level III		Total
Convertible promissory notes	$	—	$	—	$	5,594,550	$	5,594,550
Total Liabilities	$	—	$	—	$	5,594,550	$	5,594,550

December 31, 2011

	Level I		Level II		Level III		Total
Convertible promissory notes	$	—	$	—	$	2,270,858	$	2,270,858
Total Liabilities	$	—	$	—	$	2,270,858	$	2,270,858

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Income Taxes (Tables)

6 Months Ended

Jun. 30, 2012

Income Tax Disclosure [Abstract]

Deferred Tax Assets

	June 30, 2012		December31, 2011
Deferred tax assets	889,000		766,000
Less: Valuation Allowance	(889,000	)	(766,000	)
Net deferred tax assets	-0-		-0-

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Convertible Debenture and Derivative Liability (Details Narrative) (USD $)	0 Months Ended	6 Months Ended	1 Months Ended	6 Months Ended		12 Months Ended	1 Months Ended		6 Months Ended	1 Months Ended	6 Months Ended		12 Months Ended		6 Months Ended		12 Months Ended	6 Months Ended		12 Months Ended
	Mar. 06, 2012 ATG, Inc.	Jun. 30, 2012 ATG, Inc.	Aug. 26, 2011 Asher #1 Note	Jun. 30, 2012 Asher #1 Note		Dec. 31, 2011 Asher #1 Note	Mar. 14, 2012 Asher #2 Note		Jun. 30, 2012 Asher #2 Note	Mar. 30, 2007 E-Lionheart	Jun. 30, 2012 E-Lionheart		Dec. 31, 2011 E-Lionheart	Mar. 07, 2007 E-Lionheart	Jun. 30, 2012 YA Global		Dec. 31, 2011 YA Global	Jun. 30, 2012 Investor		Dec. 31, 2011 Investor
Issue Date	Mar. 06, 2012			Aug. 26, 2011			Feb. 16, 2012				Dec. 31, 2010				Mar. 30, 2007			Jun. 08, 2010
Note Issued	$ 76,050	$ 70,450		$ 65,000			$ 37,500		$ 37,500		$ 1,043,529				$ 1,000,000			$ 337,000
Term															3 years
Interest Rate	15.00%			8.00%			8.00%								5.00%			24.99%
Conversion Price	0.0005			0.55	[1]		0.55	[1]							0.80	[2]		0.50	[3]
Reissue date															Jul. 26, 2010			Mar. 06, 2012
Number of debentures															5
Debentures											500,000	[4]			208,707.74			50,000
Maturity Date				May 30, 2012			Nov. 21, 2012				Aug. 09, 2010				Jul. 29, 2011
Maturity Date				Aug. 28, 2012			Dec. 19, 2012				Aug. 09, 2011
Accrued interest converted to Debenture															156,199			26,050
Convertible Debentures				60,000		65,000					626,123									50,000
Risk free interest	2.25%			2.25%			2.25%				5.60%							2.25%
Expected dividend rate	0.00%			0.00%			0.00%				0.00%							0.00%
Expected Life (years)	1 year 0 months 0 days			0 years 7 months 5 days			0 years 7 months 5 days				3 years							1 year
Expected Volatility	295.14%			212.29%			278.05%				165.62%							301.66%
Expected Volatility							301.94%											308.06%
Debt discount	76,050		65,000				37,500							1,000,000				143,408
Loss on valuation derivative	2,925,649		24,294			139,106	73,683		13,751	124,479										66,609
Gain on valuation derivative		1,202,702		20,598							564,927		51,693					383,912
Gain on retirement of derivative																		154,201
Common stock issued for Convertible Debentures, Shares		11,200,000															577,497	602,410
Pre-reverse split-Class A common stock																	462,077,400
Common stock issued for Convertible Debentures, Amount		5,600															143,244	12,048
Reduction in Debt																	46,208	5,000
Beneficial Interest																	$ 97,036	$ 7,048

[1] Asher has the right to convert a portion or the entire outstanding principal into the Company's Class A Common Stock at a Conversion Price equal to fifty five percent (55%) of the Average of the lowest three (3) Trading Prices of the Common Stock during the ten (10) Trading Day period immediately preceding the Conversion Date. Asher may not convert the note into shares of Class A Common Stock if such conversion would result in Asher beneficially owning in excess of 4.99% of the then issued and outstanding shares of Class A Common Stock.

[2] YA Global has the right to convert a portion or the entire outstanding principal into the Company's Class A Common Stock at a Conversion Price equal to eighty percent (80%) of the lowest closing Bid Price of the Common Stock during the five (5) trading days immediately preceding the Conversion Date. YA Global may not convert the Debenture into shares of Class A Common Stock if such conversion would result in YA Global beneficially owning in excess of 4.99% of the then issued and outstanding shares of Class A Common Stock. The Conversion Price and number of shares of Class A Common Stock issuable upon conversion of the Debenture are subject to certain exceptions and adjustment for stock splits and combinations and other dilutive events. Subject to the terms and conditions of the Debenture, the Company has the right to redeem ("Optional Redemption") a portion or all amounts outstanding under this Debenture prior to the Maturity Date at any time provided that as of the date of the Holder's receipt of a Redempti

[3] The wrap-around agreements also modified the original terms to extend the due dates by one year, to include provisions to allow the Investor to convert the amounts due into common stock at a 50% discount of the average three deep bid on the day of conversion and to increase the interest rate to 15% after a 60 day interest free period.

[4] E-Lionheart has the right to convert a portion or the entire outstanding principal into the Company's Class A Common Stock at a Conversion Price equal to eighty percent (90%) of the lowest closing Bid Price of the Common Stock during the five (5) trading days immediately preceding the Conversion Date. E-Lionheart may not convert the Debenture into shares of Class A Common Stock if such conversion would result in YA Global beneficially owning in excess of 4.99% of the then issued and outstanding shares of Class A Common Stock.

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Condensed Statements of Cash Flows (USD $)	6 Months Ended
	Jun. 30, 2012	Jun. 30, 2011
Cash flows from operating activities:
Net income (loss)	$ (9,856,862)	$ 945,925
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:
Amortization of intangibles and depreciation expense	15,570	14,321
(Gain) loss on valuation of derivative	3,210,142	(1,529,266)
Amortization of debt discount	90,229	257,924
Beneficial interest on conversion of debt	6,230,350	97,036
Changes in assets and liabilities:
Decrease in accounts receivable	379	0
Decrease (increase) in inventories	3,312	(39,178)
Decrease (increase) in prepaid expenses	1,663	(2,638)
Increase in accounts payable and accrued Liabilities	205,770	42,830
Increase in amounts due to related parties	58,490	16,000
Net cash (used in) operating activities	(40,957)	(197,046)
Cash flows from investing activities:
Purchase of office equipment		(4,600)
Security deposit on GreenSmart store		(21,375)
Purchase of intangible assets	(2,470)	(5,000)
Net cash (used in) investing activities	(2,470)	(30,975)
Cash flows from financing activities:
Issuance of promissory notes	37,500	75,000
Net cash provided by financing activities	37,500	75,000
Net (decrease) in cash and cash equivalents	(5,927)	(153,021)
Cash and cash equivalents at beginning of period	6,960	190,322
Cash and cash equivalents at end of period	1,033	37,301
SUPPLEMENTAL CASH FLOW INFORMATION:
Taxes paid	0	0
Interest paid	$ 0	$ 0

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Income (Loss) Per Share

6 Months Ended

Jun. 30, 2012

Earnings Per Share [Abstract]

Income (Loss) Per Share

Note 5             Income (Loss) Per Share

ASC 260, “Earnings Per Share” requires presentation of basic earnings per share (“basic EPS”) and diluted earnings per share (“diluted EPS”). The Company’s basic income (loss) per common share is based on net income or loss for the relevant period, divided by the weighted average number of common shares outstanding during the period. Diluted income or loss per common share is based on net income or loss, divided by the weighted average number of common shares outstanding during the year, including common share equivalents, such as outstanding stock options. The computation of diluted loss per share also does not assume conversion, exercise or contingent exercise of securities due to the beneficial conversion of related party accounts as these shares that would have an anti-dilutive effect.

The computation of income (loss) per share is as follows:

	Six months Ended			Six months Ended
	June 30, 2012			June 30, 2011
Basic net income (loss) per share computation:
Net income (loss) attributable to common stockholders	$	(9,856,862	)	$	945,925
Weighted-average common shares outstanding (see below)		98,847,699			12,396,050
Basic net income (loss) per share attributable to common stockholders (see below)	$	(0.10	)	$	0.08
Diluted net income (loss) per share computation
Net income (loss) attributable to common stockholders	$	(9,856,862	)	$	945,925
Weighted-average common shares outstanding (see below)		98,847,699			12,396,050
Incremental shares attributable to the assumed conversion of Convertible debenture and convertible promissory note		—			12,603,950
Total adjusted weighted-average shares		98,847,699			25,000,000
Diluted net income (loss) per share attributable to common stockholders (see below)	$	(0.10	)	$	0.04

At June 30, 2012, the Company had common stock equivalents of 856,435,568. At June 30, 2011, the Company had common stock equivalents of 45,256,751, but when added to the common stock outstanding, they are in excess of the authorized capital, so the maximum authorized shares of 25,000,000 are shown for diluted earnings per common share calculations.

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Fair Value Measurements (Tables)

6 Months Ended

Jun. 30, 2012

Fair Value Disclosures [Abstract]

Fair value on a recurring basis

	Level I		Level II		Level III		Total
Convertible promissory notes	$	—	$	—	$	5,594,550	$	5,594,550
Total Liabilities	$	—	$	—	$	5,594,550	$	5,594,550

December 31, 2011

	Level I		Level II		Level III		Total
Convertible promissory notes	$	—	$	—	$	2,270,858	$	2,270,858
Total Liabilities	$	—	$	—	$	2,270,858	$	2,270,858

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Convertible Promissory Note and Derivative Liability (Related Party) (Details Narrative) (USD $)	1 Months Ended	0 Months Ended	6 Months Ended	1 Months Ended
	Jun. 17, 2009 iVoice Technology, Inc.	Mar. 05, 2008 iVoice Technology, Inc.	Jun. 30, 2012 iVoice Technology, Inc.	Jun. 17, 2009 Jerome Mahoney		Jun. 22, 2010 EPIC Worldwide, Inc.	May 27, 2010 President/CEO	Dec. 28, 2009 GlynnTech, Inc.	Jun. 18, 2009 GlynnTech, Inc.	Jun. 02, 2009 GlynnTech, Inc.	Jun. 17, 2009 iVoice Technology, Inc. to Speed Switch
Administrative services liability		$ 50,652
Promissory note		50,562				337,000		125,000	100,000	37,000
Additional amounts added		42,209
Interest rate		Prime + 1%		Prime + 1%
Date of issuance			Mar. 05, 2008	Aug. 05, 2005
Debt Instrument, Balance	79,936		79,936	71,756	[1]		509,425				3,600
Accrued Interest	$ 4,344		$ 14,667	$ 98,379

[1] The outstanding promissory note, referred to above, will bear interest at the rate of Prime plus 1.0% per annum on the unpaid balance until paid. Under the terms of the Promissory Note, at the option of the Promissory Note holder, principal and interest can be converted into either (i) one share of SpeechSwitch Class B Common Stock, par value $.01 per share, for each dollar owed, (ii) the number of shares of SpeechSwitch Class A Common Stock calculated by dividing (x) the sum of the principal and interest that the Note holder has requested to have prepaid by (y) eighty percent (80%) of the lowest issue price of Class A Common Stock since the first advance of funds under this Note, or (iii) payment of the principal of this Promissory Note, before any repayment of interest

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New Accounting Pronouncements

6 Months Ended

Jun. 30, 2012

Accounting Changes and Error Corrections [Abstract]

New Accounting Pronouncements

Note 15 New Accounting Pronouncements

There were various other updates recently issued, most of which represented technical corrections to the accounting literature or application to specific industries and are not expected to a have a material impact on the Company's financial position, results of operations or cash flows.