XML 14 R2.htm IDEA: XBRL DOCUMENT v2.4.0.6
Balance Sheets (USD $)
Dec. 31, 2011
Dec. 31, 2010
Current Assets:    
Cash and cash equivalents $ 7,565 $ 229,944
Accounts receivable 4,121 4,457
Interest receivable - related party 79,689 63,689
Inventories 2,910 3,770
Prepaid expenses 17,123 23,409
Note receivable - related party 200,000 200,000
Total Current Assets 311,408 525,269
Investments 200,000 200,000
Property and equipment, net 35,434 109,479
Intangible assets, net 39,393 46,805
Security deposits    6,093
Net assets of discontinued operations    220,192
Total Assets 586,235 1,107,838
Current Liabilities:    
Accounts payable 222,564 437,587
Accrued expenses 16,443 168,000
Notes payable, net of discount 168,140   
Security deposit    2,000
Total Current Liabilities 407,148 607,587
Notes payable, long-term 44,000 44,000
Total Liabilities 451,148 651,587
Stockholders' Equity (Deficit):    
Preferred stock; $0.01 par value, 20,500,000 and 0 authorized shares, respectively; Series B convertible preferred shares: 20,416,228 and 17,916,228   issued and outstanding, respectively 204,162 179,162
Common stock; $0.01 par value; 150,000,000 authorized; 47,377,630 and 44,427,630 shares issued and outstanding, respectively 473,776 444,276
Common Stock to be issued 158,107 128,000
Additional paid-in capital 47,902,606 47,524,761
Accumulated deficit (48,603,564) (47,819,948)
Total Stockholders' Equity (Deficit) 135,087 456,251
Total Liabilities and Stockholders' Equity (Deficit) $ 586,235 $ 1,107,838