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Condensed Balance Sheets - USD ($)
Mar. 31, 2016
Dec. 31, 2015
Current assets    
Cash $ 181,167 $ 327,382
Prepaid insurance 9,493 8,752
Total current assets 190,660 336,134
Total assets 190,660 336,134
Current liabilities    
Accounts payable 66,942 42,304
Accrued payroll 3,842 4,855
Accrued professional fees 6,000 6,982
Accrued expenses 1,130 0
Accrued dividends 251,212 254,517
Total current liabilities 329,126 308,658
Total liabilities 329,126 308,658
Commitments and contingencies 0 0
Stockholders' (deficit) equity    
Series A Preferred stock, $.01 par value. 20,000 shares authorized and 10,375 issued 104 104
Common stock, $0.01 par value. 50,000,000 shares authorized. 10,347,235 and 10,317,379 issued as of March 31, 2016 and December 31, 2015, respectively 103,472 103,174
Additional paid-in capital 109,655,907 109,652,901
Accumulated deficit (109,827,260) (109,658,014)
Treasury stock, at cost, for 5,655 shares (70,689) (70,689)
Total stockholders' (deficit) equity (138,466) 27,476
Total liabilities and stockholders' (deficit) equity $ 190,660 $ 336,134