XML 25 R11.htm IDEA: XBRL DOCUMENT

LITIGATION AND CONTINGENT LIABILITIES	6 Months Ended
Jun. 30, 2012
Notes to Financial Statements
NOTE 5 - LITIGATION AND CONTINGENT LIABILITIES	The Company has certain claims against it for unpaid salary and benefits due to former officers and employees that exist on the balance sheet as accrued liabilities as of June 30, 2012 and December 31, 2011. Management is in the process of negotiating with a number of these claimants in order to reach agreements that would allow these liabilities to be settled through agreed upon cash payments as well as issuance of stock and stock options.

LITIGATION AND CONTINGENT LIABILITIES

6 Months Ended

Jun. 30, 2012

NOTE 5 - LITIGATION AND CONTINGENT LIABILITIES

The Company has certain claims against it for unpaid salary and benefits due to former officers and employees that exist on the balance sheet as accrued liabilities as of June 30, 2012 and December 31, 2011. Management is in the process of negotiating with a number of these claimants in order to reach agreements that would allow these liabilities to be settled through agreed upon cash payments as well as issuance of stock and stock options.