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CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) (USD $)
6 Months Ended 97 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Jun. 30, 2011
CASH FLOWS FROM OPERATING ACTIVITIES:      
Net loss $ (2,147,084) $ (346,657) $ (10,615,320)
Depreciation and amortization 19,504 20,931 210,237
Issuance of common stock for consulting     23,488
Expenses related to employee stock options 1,566,816 22,063 2,132,906
Expenses related to issuance of warrants   3,516 10,646
Amortization of debt discount 8,646 (2,669) 8,646
Non-cash fair value of stock options issued to non-employees for consulting     1,370,926
Loss on fixed asset dispositions     71,550
Gain on debt settlement     (1,358,127)
Expenses paid by issuance of preferred stock/common stock 98,649   148,649
Expenses paid by issuance of debt      
(Increase) decrease in:      
Accounts receivable (218,753) 47,815 (168,753)
Prepaid expenses (66,237) (15,164) (82,002)
Deposits      
Increase (decrease) in:      
Accounts payable (240,368) (39,435) 785,134
Accrued expenses (226,704) 59,759 530,361
Net Cash Used by Operating Activities (1,205,531) (249,842) (6,931,659)
CASH FLOWS FROM INVESTING ACTIVITIES:      
Cash paid for intangible assets (2,500)   (141,609)
Net cash received in acquisition 69   69
Cash paid for purchase of property and equipment   (1,455) (208,619)
Net Cash Used by Investing Activities (2,431) (1,455) (350,159)
CASH FLOWS FROM FINANCING ACTIVITIES:      
Proceeds from issuance of notes - stockholder     1,400,000
Proceeds from issuance of short-term convertible notes 195,000 250,000 735,000
Advances from stockholders     679,500
Proceeds from sale of common stock - Class A, net 2,630,929   4,948,750
Proceeds from sale of common stock - Class B     622,948
Proceeds from sale of preferred stock, net 1,395,000   1,920,000
Net Cash Provided by Financing Activities 4,220,929 250,000 10,306,198
Net Increase (Decrease) in Cash and Cash Equivalents 3,012,967 (1,297) 3,024,380
Cash and Cash Equivalents, Beginning of Period 11,413 1,724 0
Cash and Cash Equivalents, End of Period 3,024,380 427 3,024,380
Supplemental Cash Flow Disclosures:      
Interest expense paid in cash      
Income tax paid      
Supplemental Non-Cash Disclosure:      
Conversion of preferred stock to common stock     288
Preferred stock dividend (see Notes 1 and 8) 841,296   841,296
Notes payable - stockholder - settled in common stock 835,000   1,400,000
Accrued interest - stockholder - settled in common stock 41,180   109,889
Advances from stockholders settled in common stock     679,500
Accounts payable settled in common stock     103,872
Accounts payable settled in common stock options     30,500
Accrued expenses settled in common stock options     3,000
Decrease in accounts payable related to fixed asset disposition     133,314
Decrease in accounts payable related to settlement 113,406   48,000
Decrease in accrued expenses related to settlement     3,000
Increase in accounts receivable related to common stock issuance     50,000
Fixed asset acquired in merger $ 1,005