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Summary of Significant Accounting Policies (Table)
6 Months Ended
Jun. 30, 2012
Earnings Per Share [Abstract]  
Schedule of Calculation of Numerator and Denominator in Earnings Per Share [Table Text Block]

During the three months ended June 30, 2012, we reported net income per share and included dilutive instruments in the fully diluted net income per share calculation.

 

    Three Months Ended June 30,     Six Months Ended June 30,  
    2012     2011     2012     2011  
                         
Numerator:                                
Net income (loss)   $ 124,119     $ (55,862 )   $ (41,415 )   $ (47,071 )
                                 
Effect of dilutive securities – adjustment for:                                
Change in fair value of derivative liability Series C and D preferred stock and debentures     (75,351 )     -       -       -  
Change in fair value of derivative liability - warrants     (42,409 )     -       -       -  
Change in fair value of hybrid financial instruments     (36,773 )     -       -       -  
Loss on extinguishment of debt     27,479       -       -       -  
 Interest expense on convertible debt     2,003       -               -  
Numerator for diluted earnings per share- income (loss) available to common stockholders after assumed conversions of debentures and exercise of warrants   $ (932 )   $ (55,862 )   $ (41,415 )   $ (47,071 )
                                 
Denominator                                
Weighted average shares used to compute basic EPS     1,148,526,738       137,692,460       326,414,797       46,114,822  
Effect of dilutive securities:                                
Employee stock options     -       -       -       -  
Derivative warrants     1,091,953,786                          
Convertible debentures     5,129,818,595       -       -       -  
Convertible preferred stock     742,807,130       -       -       -  
Dilutive potential common shares     6,964,579,511       -       -       -  
                                 
Denominator for diluted earnings per share-adjusted weighted average shares and assumed conversions and exercise of options     8,113,106,249       137,692,460       326,414,797       46,114,822  
                                 
Basic earnings per share   $ 0.11     $ (0.41 )   $ (0.13 )   $ (1.02 )
Diluted earnings per share   $ 0.00     $ (0.41 )   $ (0.13 )   $ (1.02 )