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CONSOLIDATED BALANCE SHEETS (USD $)
Mar. 31, 2012
Dec. 31, 2011
Current Assets:    
Cash and cash equivalents $ 2,386,638 $ 3,265,141
Prepaid expenses & other 32,163 50,291
Total Current Assets 2,418,801 3,315,432
Property and equipment, net 195,016 169,808
Intangible assets, net 59,678 61,155
Total Assets 2,673,495 3,546,395
LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT)    
Accounts payable 103,550 341,172
Accrued expenses 6,458 39,232
Total Current Liabilities 110,008 380,404
Commitments & Contingencies      
Stockholders' Equity (Deficit):    
Preferred stock Series A; $0.001 par value, 3,500,000 authorized 1,972,800 and 1,924,230 shares issued and outstanding, respectively 1,973 1,924
Common stock - Class A - $0.001 par value, 200,000,000 authorized, 22,440,894 and 22,310,894 shares issued and outstanding, respectively 22,442 22,312
Additional paid-in capital 16,266,141 16,015,484
Deficit accumulated in the development stage (13,727,069) (12,873,729)
Total Stockholders' Equity (Deficit) 2,563,487 3,165,991
Total Liabilities and Stockholders' Equity (Deficit) $ 2,673,495 $ 3,546,395