Restatements (Tables)

12 Months Ended

Dec. 31, 2012

Restatement Of Prior Year Income [Abstract]

Schedule of Condensed Balance Sheet

Effect on Consolidated Balance Sheet

December 31, 2011

	As Previously
	Reported on
	Form 10-K/A			Adjustments			Restated
LIABILITIES AND STOCKHOLDERS' DEFICIT
Current liabilities:
Accounts payable	$	1,175,462					$	1,175,462
Accrued liabilities		359,715						359,715
Convertible revolving credit facility, net of discounts		160,794						160,794
Derivative liability - conversion option		113,271						113,271
Derivative liability - warrants		1,875,463						1,875,463
Derivative liability - bonus warrants		-			797,185	(e)		70,343
					(492,111	)(f)
					(234,731	)(g)
Convertible debt		566,785			600,000	(a)		772,500
					(394,285	)(b)
Total current liabilities		4,251,490			276,058			4,527,548
Fair value of 10% convertible preferred stock warrants		487,555						487,555
Total liabilities		4,739,045			276,058			5,015,103
Commitments and contingencies
10% Convertible preferred stock, no par value; authorized 880,000 shares;  752,273 issued and outstanding at December 31, 2011, net of discount		5,520,256						5,520,256
Redeemable common stock, no par value; 250,000 shares issued and outstanding at December 31, 2011		242,500						242,500
Stockholders' deficit:
Common stock, no par value; authorized, 100,000,000 shares; 25,007,261 shares issued and outstanding at December 31, 2011		23,660,071			1,350,000	(d)		24,410,071
					(600,000	)(a)
					(234,731	)(c)
					234,731	(g)
Accumulated deficit		(28,619,876	)		(1,350,000	)(d)		(29,645,934	)
					394,285	(b)
					(797,185	)(e)
					492,111	(f)
					234,731	(c)
Total stockholders' deficit		(4,959,805	)		(276,058	)		(5,235,863	)
Total liabilities and stockholders' deficit	$	5,541,996		$	-		$	5,541,996

(a) - to reverse the improper recording of debt discount.

(b) - to reverse the improper recording of and amortization of debt discount.

(c) - to reverse the improper recording of the fair value of bonus warrants at issuance.

(d) - to record the difference between the reacquisition price of the new debt and the net carrying amount of the extinguished debt at the amendment date.

(e) - to record the fair value of the bonus warrants as of the amendment date as a component of the reacquisition price of the new debt.

(f) - to recognize the gain on the change in the fair value of the derivative liability associated with the bonus warrants at period end.

(g) - to record the fair value of bonus warrants at date of issuance.

Schedule of Condensed Income Statement

Effect on Consolidated Statement of Operations

for the Year Ended December 31, 2011

	As Previously
	Reported on
	Form 10-K/A			Adjustments			Restated
Loss from operations	$	(6,713,961	)				$	(6,713,961	)
Other expenses:
Interest expense		156,645						156,645
Amortization of debt discounts		1,196,591			(394,285	)(a)		567,575
					(234,731	)(b)
Loss on debt extinguishment		-			1,350,000	(c)		1,350,000
Fair value of bonus warrants at debt extinguishment		-			797,185	(d)		797,185
Change in fair value of derivative liabilities		1,870,071			(492,111	)(e)		1,377,960
Total other expenses		3,223,307			1,026,058			4,249,365
Net loss		(9,937,268	)		(1,026,058	)		(10,963,326	)
Accretion of preferred dividends and beneficial conversion feature		(1,049,975	)					(1,049,975	)
Net loss attributable to common shareholders	$	(10,987,243	)	$	(1,026,058	)	$	(12,013,301	)
Weighted average common shares - basic and diluted		24,352,072			24,352,072			24,352,072
Basic and diluted net loss per share	$	(0.45	)	$	(0.04	)	$	(0.49	)

(a) - to reverse the improper amortization of debt discount.

(b) - to reverse the impact of the improper recording of the fair value of the bonus warrants upon issuance.

(c) - to record the difference between the reacquisition price of the new debt and the net carrying amount of the extinguished debt at the amendment date.

(d) - to record the fair value of the bonus warrants as of the amendment date as a component of the reacquisition price of the new debt.

(e) - to recognize the gain on the change in the fair value of the derivative liability associated with the bonus warrants at period end.

Schedule of Condensed Cash Flow Statement

Effect on Consolidated Statement of Cash Flows

for the Year Ended December 30, 2011

	As Previously
	Reported on
	Form 10-K/A			Adjustments			Restated
Cash flow from operating activities:
Net income (loss)	$	(9,937,268	)	$	(1,026,058	)	$	(10,963,326	)
Adjustments to reconcile net loss to net cash used in operating activities:
Amortization of convertible debt discount		692,685			(394,285	)(a)		298,400
Loss on debt extinguishment		-			1,350,000	(b)		1,350,000
Fair value of bonus warrants at debt extinguishment		-			797,185	(c)		797,185
Change in fair value of derivative liabilities - Bonus Warrants		1,870,071			(492,111	)(d)		1,377,960
Share-based compensation		3,280,933			(234,731	)(e)		3,046,202
Net cash used in operating activities	$	(4,940,241	)	$	-		$	(4,940,241	)

(a) - to reverse the improper amortization of debt discount.

(b) - to record the difference between the reacquisition price of the new debt and the net carrying amount of the extinguished debt, at amendment date.

(c) - to record the fair value of the bonus warrants as of the amendment date as a component of the reacquisition price of the new debt.

(d) - to recognize the gain on the change in the fair value of the derivative liability associated with the bonus warrants at period end.

(e) - to reverse the impact of the improper recording of the fair value of the bonus warrants upon issuance.