XML 39 R2.htm IDEA: XBRL DOCUMENT v2.4.0.8
Balance Sheets (Unaudited) (USD $)
Mar. 31, 2014
Dec. 31, 2013
CURRENT ASSETS    
Cash and cash equivalents $ 86,663 $ 203,949
Cash held in attorney trust (Note 2) 11,974 12,637
Restricted cash (Note 2) 100,147 100,122
Accounts receivable, net of allowance of $91,710 (2013 - $91,710) 20,426 80,814
Inventories (Note 4) 140,183 147,120
Prepaid expenses and other current assets 138,633 76,305
TOTAL CURRENT ASSETS 498,026 620,947
PROPERTY, PLANT AND EQUIPMENT, NET 6,961,240 7,184,008
Deposits (Note 2) 1,484,908 1,484,453
TOTAL ASSETS 8,944,174 9,289,408
Accounts payable 1,583,897 1,510,611
Accrued expenses 944,817 851,532
Customer advances 26,120 26,120
Accrued lease obligation – current (Note 10) 79,428 83,466
Long-Term Debt, mortgage payable and capital leases – current (Note 9) 22,034 23,618
TOTAL CURRENT LIABILITIES 2,656,296 2,495,347
Asset retirement obligations (Note 2) 30,533 30,306
Accrued lease obligation (Note 10) 364,982 383,388
Long-Term Debt, mortgage payable and capital leases (Note 9) 2,668,576 2,532,079
TOTAL LONG-TERM LIABILITIES 3,064,091 2,945,773
TOTAL LIABILITIES 5,720,387 5,441,120
Common stock, par $0.001; 150,000,000 authorized, 94,592,243 shares issued and outstanding (2013 – 90,692,243) 94,493 90,692
Common stock subscribed not issued, 4,100,000 shares 4,100   
Additional paid in capital 65,993,817 64,872,659
Accumulated deficit (62,871,837) (61,118,267)
TOTAL STOCKHOLDERS' EQUITY 3,223,787 3,848,288
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY 8,944,174 9,289,408
Preferred Stock Series B
   
CURRENT ASSETS    
Preferred stock, Series B, par $0.001; 2,300,000 shares authorized, convertible into 16,100,000 shares of Common Stock, 2,204,100 shares issued and outstanding. Preferred stock, Series A, par $0.001; 1,000,000 authorized, 1,000,000 shares issued and outstanding 2,204 2,204
Preferred Stock Series A
   
CURRENT ASSETS    
Preferred stock, Series B, par $0.001; 2,300,000 shares authorized, convertible into 16,100,000 shares of Common Stock, 2,204,100 shares issued and outstanding. Preferred stock, Series A, par $0.001; 1,000,000 authorized, 1,000,000 shares issued and outstanding $ 1,000 $ 1,000