XML 20 R2.htm IDEA: XBRL DOCUMENT v2.4.0.6
BALANCE SHEETS (USD $)
Jun. 30, 2012
Dec. 31, 2011
Current Assets:    
Cash and cash equivalents $ 1,150 $ 7,565
Accounts receivable 2,263 4,121
Escrow receivable 5,375   
Interest receivable 87,689 79,689
Inventories 2,691 2,910
Prepaid expenses 4,346 17,123
Note receivable 200,000 200,000
Total Current Assets 303,514 311,408
Investments 200,000 200,000
Property and equipment, net 30,882 35,434
Intangible assets, net 35,687 39,393
Total Assets 570,083 586,235
Current Liabilities:    
Accounts payable 265,198 222,564
Accrued expenses 2,055 16,443
Notes payable, net of amortized discount and accrued interest 357,127 168,140
Total Current Liabilities 624,380 407,148
Notes payable, long-term 44,000 44,000
Total Liabilities 668,380 451,148
Commitments and Contingencies      
Stockholders' Equity (Deficit):    
Series B Convertible preferred stock; $0.01 par value, 20,500,000 authorized shares, 20,416,228 shares issued and outstanding 204,162 204,162
Common stock; $0.01 par value; 150,000,000 authorized; 49,859,645 and 47,377,630 shares issued and outstanding, respectively 498,596 473,776
Common stock to be issued 101,570 158,107
Additional paid-in capital 48,108,198 47,902,606
Accumulated deficit (49,010,823) (48,603,564)
Total Stockholders' Equity (Deficit) (98,297) 135,087
Total Liabilities and Stockholders' Equity (Deficit) $ 570,083 $ 586,235