XML 35 R2.htm IDEA: XBRL DOCUMENT v2.4.0.6
BALANCE SHEETS (USD $)
Sep. 30, 2012
Dec. 31, 2011
ASSETS    
Cash $ 20,338 $ 26,588
Accounts Receivable, Net (Net of Allowance of $9,934 and $9,934 as of September 30, 2012 and December 31, 2011, respectively) 61,262 92,042
Capitalized Production Costs, Net 328,619 171,450
Prepaid Royalties 8,208 12,046
Prepaid Expenses    3,461
Total Current Assets 418,427 305,587
Fixed Assets, Net (Net of accumulated depreciation of $6,423 and $4,907 as of September 30, 2012 and December 31, 2011, respectively) 3,354 4,870
Other Long-term Assets, Net (Net of accumulated amortization of $46,732 and $29,332 as of September 30, 2012 and December 31, 2011 respectively) 40,920 58,320
Capitalized Production Costs, Net 520,244 614,881
TOTAL ASSETS 982,945 983,658
LIABILITIES & EQUITY    
Accounts Payable 105,991 72,171
Accrued Compensation 167,054 157,263
Accrued Royalties 385,002 354,736
Accrued Interest 42,590 11,603
Accrued Expenses    2,878
Current Technology Payable 13,044 18,000
Unearned Royalties 310,530 275,849
Current Convertible Note Payable (Currently in Default) 87,000   
Current Convertible Note Payable, Net (Net of debt discount of $600 and $90,827 as of September 30, 2012 and December 31, 2011, respectively) 62,625 69,898
Current Convertible Note Payable - Related Party 100,000 75,000
Current Convertible Note Payable - Related Party (Currently in Default) 75,000   
Current Notes Payable - Related Party 265,000 55,000
Total Current Liabilities 1,613,836 1,092,398
Long Term Technology Payable, Net    7,299
Total Liabilities 1,613,836 1,099,697
Equity (Deficit)    
Preferred Stock $.001 par value per share, 10,000,000 shares authorized, 0 shares issued and outstanding as of September 30, 2012 and December 31, 2011      
Common Stock $.001 par value per share,100,000,000 shares authorized, 54,557,328 and 39,275,720 shares issued and outstanding as of September 30, 2012 and December 31, 2011, respectively) 54,558 39,276
Additional Paid-In Capital 1,251,300 1,037,469
Common Stock Payable 16,800 29,400
Retained Deficit (1,953,549) (1,222,184)
Total Equity (Deficit) (630,891) (116,039)
TOTAL LIABILITIES & EQUITY (DEFICIT) $ 982,945 $ 983,658