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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
3 Months Ended 6 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Jun. 30, 2012
Jun. 30, 2011
REVENUES        
Royalty Revenue $ 172,810 $ 133,200 $ 332,099 $ 264,789
Total Revenue 172,810 133,200 332,099 264,789
EXPENSES        
General and Administrative Expenses 135,362 165,639 291,041 329,123
NET INCOME (LOSS) FROM OPERATIONS 37,448 (32,439) 41,058 (64,334)
OTHER INCOME/(EXPENSE)        
Interest Income/(Expense), net (1,444) 0 (2,148) 0
Licensee Forfieture Income 20,000 0 20,000 0
TOTAL OTHER INCOME 18,556 0 17,852 0
NET INCOME (LOSS) BEFORE INCOME TAXES 56,004 (32,439) 58,910 (64,334)
PROVISION FOR INCOME TAXES 0 0 0 0
NET INCOME (LOSS) $ 56,004 $ (32,439) $ 58,910 $ (64,334)
NET INCOME (LOSS) PER SHARE-Basic and Diluted (in dollars per share) $ 0.000 $ 0.000 $ 0.000 $ 0.000
WEIGHTED AVERAGE OF COMMOM SHARES OUTSTANDING-Basic and Diluted (in shares) 165,186,124 165,186,124 165,186,124 165,186,124