XML 17 R2.htm IDEA: XBRL DOCUMENT v2.4.0.6
Condensed Interim Balance Sheets (USD $)
Sep. 30, 2012
Dec. 31, 2011
CURRENT ASSETS    
License fee receivables $ 250,000 $ 0
Cash and cash equivalents 518,326 40,373
Total current assets 768,326 40,373
Fixed assets, net 4,166 6,667
Total assets 772,492 47,040
CURRENT LIABILITIES    
Convertible debentures 70,000 110,000
Accounts payable and other accruals, including related party liabilities of $120,000 as of September 30, 2012 and $80,000 as of December 31, 2011 429,230 407,884
Total current liabilities 499,230 517,884
Total liabilities 499,230 517,884
COMMITMENTS AND CONTINGENCIES      
STOCKHOLDERS' EQUITY (DEFICIT)    
Common stock Authorized 250,000,000 shares at par value of $ 0.002 each Issued and outstanding 39,042,847 shares as of September 30, 2012 and 26,871,131 shares as of December 31, 2011 78,086 53,742
Additional paid-in capital 35,012,734 34,417,162
Subscriptions received 1,540,855 442,674
Accumulated deficit (36,358,413) (35,384,422)
Total stockholders' equity (deficit) 273,262 (470,844)
Total liabilities and stockholders' equity $ 772,492 $ 47,040