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CONDENSED STATEMENTS OF OPERATIONS (USD $)
3 Months Ended 6 Months Ended 12 Months Ended 116 Months Ended 122 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Jun. 30, 2012
Jun. 30, 2011
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2011
Jun. 30, 2012
Revenue $ 24,960 $ 2,374 $ 47,595 $ 2,374 $ 96,637 $ 288 $ 112,662 $ 160,257
Cost of goods sold 1,710 1,820 15,516 1,820 56,080 140 63,220 78,736
Gross Margin 23,250 554 32,079 554 40,557 148 49,442 81,521
General and administrative expense 1,950,974 272,870 2,516,696 585,824 3,561,566 1,874,465 9,464,458 11,981,153
Operations expense 148,563 175,530 218,300 267,121 351,662 276,998 1,529,534 1,747,834
Sales and marketing expense 29,164 68,534 61,064 88,258 232,716 199,593 888,485 949,549
Interest expense 89,271 57,913 144,758 115,085 230,374 147,093 667,107 811,866
Loss (gain) on valuation of equity-linked financial instruments (58,947) (186,187) (59,597) (190,915) 151,118 (1,145,292) (631,186) (690,783)
Total expense 2,159,025 388,660 2,881,221 865,373 4,527,436 1,352,857 11,918,398 14,799,619
Net income (loss) available to common shareholders $ (2,135,775) $ (388,106) $ (2,849,142) $ (864,819) $ (4,486,879) $ (1,352,709) $ (11,868,956) $ (14,718,098)
Loss per common share - basic and diluted (in dollars per share) $ (0.04) $ (0.02) $ (0.06) $ (0.04) $ (0.18) $ (0.11) $ (2.04) $ (1.86)
Weighted average shares used in computation - basic and diluted (in shares) 54,656,895 22,669,526 44,619,113 19,630,580 24,282,433 12,771,683 5,820,397 7,920,827