XML 38 R5.htm IDEA: XBRL DOCUMENT v2.4.0.6
Statements of Changes in Stockholders' Equity (Deficit) (USD $)
Total
.001 Par Value Common Stock
Additional Paid-In Capital
Accumulated Deficit
Beginning Balance at Dec. 31, 2008 $ (910,922) $ 848 $ 902,643 $ (1,814,413)
Beginning Balance shares at Dec. 31, 2008 0 848,167 0 0
Capital contributed 18,800 0 18,800 0
Net loss (299,119) 0 0 (299,119)
Balance at Dec. 31, 2009 (1,191,241) 848 921,443 (2,113,532)
Balance shares at Dec. 31, 2009 0 848,167 0 0
Issuance of common stock 160,000 65 159,935 0
Issuance of common stock, shares 0 65,048 0 0
Repurchase and retirement of common stock (50,000) (18) (49,982) 0
Repurchase and retirement of common stock, shares 0 (17,749) 0 0
Stockholder loan conversion 95,000 34 94,966 0
Stockholder loan conversion, shares 0 33,559 0 0
Reclassification of derivative conversion options liabilities upon settlement of convertible notes 162,781 0 162,781 0
Shares issued upon settlement of convertible debt 96,600 19 96,581 0
Shares issued upon settlement of convertible debt, shares 0 19,320 0 0
Stock-based compensation 83,508 18 83,490 0
Stock-based compensation, shares 0 17,655 0 0
Stock issued in private offering, net of warrant liabilities in the amount of $112,349, and closing costs in the amount of $431,450 2,331,201 575 2,330,626 0
Stock issued in private offering, net of warrant liabilities in the amount of $112,349, and closing costs in the amount of $431,450, shares 0 575,000 0 0
Net loss (1,247,644) 0 0 (1,247,644)
Balance at Dec. 31, 2010 440,205 1,541 3,799,840 (3,361,176)
Balance shares at Dec. 31, 2010 0 1,541,000 0 0
Issuance of common stock 1,200,000 240 1,199,760 0
Issuance of common stock, shares 0 240,000 0 0
Net loss (1,136,551) 0 0 (1,136,551)
Balance at Sep. 30, 2011 $ 503,654 $ 1,781 $ 4,999,600 $ (4,497,727)
Balance shares at Sep. 30, 2011 0 1,781,000 0 0