XML 55 R2.htm IDEA: XBRL DOCUMENT v2.4.0.6
Consolidated Balance Sheets (USD $)
Dec. 31, 2012
Dec. 31, 2011
Assets    
Cash $ 13,303 $ 52,955
Inventory, net 111,115 387,483
Deferred offering costs 16,207 33,969
Total Current Assets 140,625 474,407
Property, plant and equipment, net 2,241,847 2,303,073
Deferred licensing costs, net 55,299 59,583
Total Assets 2,437,771 2,837,063
Liabilities and Stockholders Deficiency    
Accounts payable and accrued liabilities 1,797,439 1,304,309
Deferred stock-based compensation payable 1,911,775 451,800
Mortgage loan payable 1,575,000 1,630,000
Promissory notes to related parties 507,694 447,440
Derivative liability related to convertible promissory notes 135,263 243,306
Convertible promissory notes, net of unamortized discount 77,363 111,775
Unearned revenue 19,124 29,124
10% Convertible note 10,000 10,000
Total Current Liabilities 6,033,658 4,227,754
License deposits 341,400 360,600
Total Liabilities 6,375,058 4,588,354
Stockholders Deficiency    
Preferred Stock, $0.001 par value, 100,000,000 shares authorized, 72,883 and 72,883 shares issued and outstanding at December 31, 2012 and 2011, respectively 73 73
Common Stock, $0.0001 par value, 1,000,000,000 shares authorized, 305,078,818 and 284,127,846 shares issued and outstanding at December 31, 2012 and 2011, respectively 30,508 28,413
Additional paid-in capital 27,259,253 24,917,261
Accumulated deficit (31,227,121) (26,697,038)
Total Stockholders Deficiency (3,937,287) (1,751,291)
Total Liabilities and Stockholders Deficiency $ 2,437,771 $ 2,837,063