SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

6 Months Ended

Jun. 30, 2012

Summary Of Significant Accounting Policies Tables

Diluted common shares outstanding

For the six months ended June 30, 2012 and 2011, diluted common shares outstanding excluded the following dilutive securities as the effect of their inclusion was anti-dilutive:

	Six Months Ended June 30,
	2012		2011
7% convertible notes and accrued interest		668,290		633,302
6% convertible notes and accrued interest		3,398,100,000		3,217,500,000
12% convertible notes and accrued interest		8,857,100,000		8,014,800,000
10% convertible notes and accrued interest		236,976		221,934
8% convertible note and accrued interest		85,205,556		44,561,333
Series B preferred stock owned by Capstone Capital Group I, LLC		1,833,206,000		529,063,781
Stock Options		-		-
Warrants		18,322,184		19,522,184
Total equivalent shares of common stock		14,192,839,006		11,826,302,434