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CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) (USD $)
3 Months Ended 6 Months Ended 97 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Jun. 30, 2011
Jun. 30, 2010
Jun. 30, 2011
Operating Expenses:          
General and administrative $ 1,506,684 $ 78,382 $ 1,523,717 $ 165,226 $ 4,424,469
Professional fees 181,855 53,998 340,618 88,459 2,800,871
Research and development 245,236 31,650 245,236 48,300 4,248,483
Sales     269   1,291
Amortization 3,911 3,911 7,822 7,822 91,040
Depreciation 5,678 6,559 11,682 13,109 119,197
Total Operating Expenses 1,943,363 174,499 2,129,344 322,916 11,685,351
Loss from Operations (1,943,363) (174,499) (2,129,344) (322,916) (11,685,351)
Other Income (Expense):          
Interest income         4,327
Gain on debt reconstruction         1,358,127
Loss on disposition of fixed assets         (71,550)
Gain on settlement of Accounts Payable 113,406   113,406   113,406
Interest expense (105,970) (16,847) (131,146) (23,741) (334,279)
Total Other Income (Expense), net 7,436 (16,847) (17,740) (23,741) 1,070,031
Net Loss (1,935,927) (191,346) (2,147,084) (346,657) (10,615,320)
Preferred Stock Dividend (841,296)   (841,296)   (841,296)
Net Loss Applicable to Common Shareholders $ (2,777,223) $ (191,346) $ (2,988,380) $ (346,657) $ (11,456,616)
Net loss per common share          
Basic $ (0.18) $ (0.01) $ (0.21) $ (0.01)  
Diluted $ (0.18) $ (0.01) $ (0.21) $ (0.01)  
Weighted Average Shares Used in per Share Calculation:          
Basic 15,641,973 12,705,038 14,173,505 12,705,038  
Diluted 15,641,973 12,705,038 14,173,505 12,705,038