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CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
12 Months Ended 94 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2011
OPERATING      
Net loss $ (2,128,729) $ (1,097,831) $ (3,256,094)
Adjustments to reconcile net loss to cash flows used in operating activities:      
Depreciation 15,096 8,663 25,169
Patent amortization and impairment     19,629
Amortization of deferred issuance costs 30,392 15,811 46,203
Proceeds advanced (repaid) from stockholder   (17,444) 22,709
Excess value of derivative liability over related loan proceeds   4,493,960 4,493,960
Amortization of note discount 199,433 190,436 389,869
Share based compensation 432,024 641,822 1,073,846
Common shares issued for services 392,760 9,000 401,760
Change in valuation of derivative liability 272,970 (4,959,811) (4,686,841)
Increase (decrease) in grant proceeds receivable 153,672 168,302 (14,930)
Increase (decrease) in other assets 2,702 (6,349) (3,647)
Increase in prepaid expenses (11,985) (12,697) (24,682)
Increase in deposits     (3,350)
Increase in accounts payable and accrued expenses 288,812 216,844 505,656
Cash used in operating activities (352,853) (685,898) (1,010,443)
INVESTING      
Purchase of property and equipment   (78,310) (86,989)
Patent costs     (19,629)
Cash used in investing activities   (78,310) (106,618)
FINANCING      
Net proceeds from issuance of convertible notes 470,000 787,425 1,257,425
Cash provided by financing activities 470,000 787,425 1,257,425
Net increase (decrease) in cash and cash equivalents 117,147 23,217 140,364
Cash and cash equivalents, beginning of period 23,217    
Cash and cash equivalents, end of period 140,364 23,217 140,364
Cash paid during the year for:      
Interest         
Income taxes         
Common stock issued for services $ 329,760 $ 9,000 $ 401,760