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Consolidated Statements of Cash Flows (Unaudited) (USD $)
3 Months Ended 192 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Sep. 30, 2012
Cash Flow From Operating Activities:      
Net Income (Loss) From Continuing Operations $ 293,062 $ (6,179,222) $ (58,598,814)
Net Income (Loss) From Disontinued Operations 0 0 (144,539,031)
Adjustments to reconcile net income (loss) to net cash used in operating activities:      
Depreciation and amortization 3,993 4,176 7,482,750
(Gain) loss on debt extinguishments 0 0 (1,350,301)
Non-cash charges relating to issuance of common stock, common stock options and warrants 0 6,520,500 77,023,989
Reparation charges 0 0 8,264,264
Derivative Value and Debt Discount charges (678,703) (824,454) 1,725,104
Write off of Granita Inventory/ Sovereign Investment 0 0 615,910
Other non cash charges including amortization of deferred compensation and beneficial conversion interest expense 42,463 17,845 2,900,598
Changes in assets and liabilities:      
Accounts receivable 0 0 427,876
Inventories 13,247 1,230 (583,718)
Prepaid expenses and Other current assets 3,611 (1,214) 58,019
Other 0 0 894,035
Accounts payable, Accrued expenses, Deferred revenue 68,612 84,381 9,520,232
Due to/from related parties Microphase / Janifast//Lintel 5,399 4,191 5,519,586
Officers and Other 30,000 0 1,816,497
Net Cash used in operating activities (218,316) (372,567) (88,823,004)
Cash Flow from Investing Activities:      
Payments related to patents and licensing rights 0 0 (450,780)
Purchase of fixed assets 0 (7,129) (3,315,622)
Investment in Sovereign 0 0 (110,000)
Net Cash used in investing activities 0 (7,129) (3,876,402)
Cash Flow from Financing Activities:      
Proceeds from issuance of common stock, exercises of warrants, net of finders fees 219,000 122,000 83,680,807
Payment of short term notes & equipment loans (3,081) (2,751) (1,313,366)
Advances from Microphase 0 0 347,840
Issuance of Convertible Debentures 0 325,000 1,411,500
Cash repayment of Convertible Debentures (35,000) 0 (35,000)
Net Proceeds (Repayment) from notes payable related parties 2,286 21,000 (241,073)
Proceeds from the collection of Notes Receivable under securities purchase agreements 0 0 8,339,500
Sale of minority interest in Granita subsidiary 0 0 514,000
Net cash provided by financing activities 183,205 465,249 92,704,208
Net increase (decrease) in cash (35,111) 85,553 4,802
CASH AND CASH EQUIVALENTS, beginning of period 39,913 1,744 0
CASH AND CASH EQUIVALENTS, end of period $ 4,802 $ 87,297 $ 4,802