Condensed Consolidated Balance Sheets - USD ($)	Mar. 31, 2016	Dec. 31, 2015
CURRENT ASSETS
Cash and cash equivalents	$ 10,070,027	$ 11,230,637
Prepaid expenses	617,944	1,489,851
Subscription receivable	0	2,761
TOTAL CURRENT ASSETS	10,687,971	12,723,249
Fixed Assets, net of accumulated depreciation	59,518	59,175
TOTAL ASSETS	10,747,489	12,782,424
CURRENT LIABILITIES
Accounts payable	469,795	449,875
Accrued expenses	55,252	141,525
Note payable	2,628	10,511
Accrued expenses - related party	351,344	389,058
TOTAL CURRENT LIABILITIES	$ 879,019	$ 990,969
Commitments and contingencies
SHAREHOLDERS' DEFICIT
Common stock - 300,000,000 shares authorized, $.0001 par value; 49,277,851 issued and outstanding at March 31, 2016; 49,170,232 shares issued and outstanding at December 31, 2015	$ 4,928	$ 4,917
Additional paid-in capital	27,946,292	27,695,888
Accumulated deficit	(29,852,281)	(27,724,224)
TOTAL SHAREHOLDERS' DEFICIT	(1,901,061)	(23,419)
TOTAL LIABILITIES AND SHAREHOLDERS' DEFICIT	10,747,489	12,782,424
Series B Convertible Redeemable Preferred Stock [Member]
CONVERTIBLE REDEEMABLE PREFERRED STOCK
Convertible redeemable preferred stock, Series B, $.0001 par value, 333,333 shares authorized; 261,299.4 issued and outstanding at March 31, 2016 and 262,349.4 shares issued and outstanding at December 31, 2015. Liquidation preference of $15,677,963 at March 31, 2016 and $15,740,963 at December 31, 2015. plus dividends accruable at 13.3% per annum of $799,864 as of March 31, 2016 and $279,824 as of December 31, 2015.	$ 11,769,531	$ 11,814,874