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CONDENSED STATEMENTS OF CASH FLOWS (USD $)
6 Months Ended 111 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Jun. 30, 2011
Cash flow from operating activities:      
Net loss $ (864,819) $ (798,070) $ (8,246,896)
Adjustments to reconcile net loss to net cash used in operating activities:      
Depreciation 1,214 1,215 7,604
Vested stock options and warrants 0 11,382 729,642
Equity instruments issued for management and consulting 151,120 548,073 1,414,379
Stock based registration payments 0 0 355,124
Conversion of accrued liabilites to capital 0 0 560,998
Amortization of debt discount 56,449 14,196 229,702
(Gain)Loss on valuation of equity-linked instruments (190,915) (676,414) (973,219)
Changes in assets and liabilities:      
Accounts receivable (792) 15,737 (792)
Prepaid expense and other (36,860) 732 (44,986)
Notes payable to shareholders 0 0 (14,957)
Accounts payable 52,437 220,459 1,278,458
Accrued expenses 24,383 124,192 523,090
Net cash used in operating activities: (807,783) (538,498) (4,181,853)
Cash flow from investing activities:      
Purchase of fixed assets 0 0 (12,258)
Purchase of intangibles 0 0 (142,495)
Net cash used in investing activities 0 0 (154,753)
Cash flow from financing activities:      
Proceeds from long term and convertible debt 213,000 400,000 1,339,305
Repayment of convertible debt   (100,000) (100,000)
Principal payments on long term debt (7,462) (7,075) (293,726)
Restricted cash in escrow 0 60,500 0
Debt converted to common stock     174,000
Accrued interest converted to stock 22,500   109,860
Issuance of common stock 628,000 177,275 3,164,805
Net cash provided by (used in) financing activities 856,038 530,700 4,394,244
Net increase (decrease) in cash 48,255 (7,798) 57,638
Cash at beginning of period 9,383 16,632 0
Cash at end of period 57,638 8,834 57,638
Non cash transactions:      
Conversion of debt and accrued interest into common stock 52,000   52,000
Conversion of accounts payable to convertible debt 89,300 0 546,599
Total non cash transactions $ 141,300 $ 0 $ 598,599