CONDENSED CONSOLIDATED BALANCE SHEETS (USD $)	Mar. 31, 2012	Dec. 31, 2011
Current Assets:
Cash and cash equivalents	$ 6,123,340	$ 13,244,883
Prepaid expenses and other current assets	1,617,526	1,063,402
Total Current Assets	7,740,866	14,308,285
Property and equipment, net	5,279	5,773
Security deposits	14,025	14,025
Due from controlling shareholder	1,819,658	1,541,456
Total Assets	9,579,828	15,869,539
Current Liabilities:
Accounts payable	2,084,471	1,415,617
Accrued expenses	965,336	1,331,382
Total Current Liabilities	3,049,807	2,746,999
Derivative financial instruments, at estimated fair value-warrants	3,317,168	3,325,114
Total Liabilities	6,366,975	6,072,113
Stockholders' Equity:
Preferred stock, Authorized 20,000,000 shares, at March 31, 2012 and December 31, 2011, none outstanding
Common stock, par value of $.0001 authorized 100,000,000 shares, outstanding 54,306,156 and 54,279,906 shares at March 31, 2012 and December 31, 2011, respectively.	5,432	5,429
Additional paid-in capital	79,839,083	79,401,015
Deficit accumulated during development stage	(76,631,662)	(69,609,018)
Total Stockholders' Equity	3,212,853	9,797,426
Total Liabilities and Stockholder's Equity	$ 9,579,828	$ 15,869,539