XML 51 R34.htm IDEA: XBRL DOCUMENT v2.4.0.8
LOSS PER SHARE (Details) (USD $)
3 Months Ended 143 Months Ended
Mar. 31, 2014
Mar. 31, 2013
Mar. 31, 2014
Numerator:      
Net loss available in basic and diluted calculation $ (1,616,993) $ (2,101,525) $ (30,314,408)
Denominator:      
Weighted average common shares outstanding-basic 221,223,793 107,824,939 22,187,340
Effect of diluted stock options and warrants 0 [1] 0 [1] 0 [1]
Weighted average common shares outstanding-basic (in shares) 221,223,793 107,824,939 22,187,340
Loss per common share-basic and diluted (in dollar per share) $ (0.01) $ (0.02) $ (1.37)
[1] The number of shares underlying options and warrants outstanding as of March 31, 2014 and March 31, 2013 are 63,960,505 and 84,210,232 respectively. The effect of the shares that would be issued upon exercise of such options and warrants has been excluded from the calculation of diluted loss per share because those shares are anti-dilutive.