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Condensed Balance Sheets (USD $)
Dec. 31, 2011
Dec. 31, 2010
ASSETS    
Cash and cash equivalents $ 1,484,906 $ 1,581,989
TOTAL ASSETS 1,484,906 1,581,989
CURRENT LIABILITIES    
Accounts payable and accrued expenses 9,174 1,388
Warrant liability - current 70,991 0
TOTAL CURRENT LIABILITIES 80,165 1,388
OTHER LIABILITIES    
Warrant liability   87,240
TOTAL LIABILITIES 80,165 88,628
COMMITMENTS AND CONTINGENCIES      
PREFERRED STOCK, $1.00 par value; 4,000,000 authorized: Series A 10% Convertible Preferred stock; 50,000 shares authorized; 20,637 and 18,774 shares issued and outstanding in 2011 and 2010, respectively: liquidation preference of $2,063,700 and $1,877,400 in 2011 and 2010, respectively 1,951,846 1,816,643
STOCKHOLDERS' DEFICIT    
Common stock, $.10 par value 200,000,000 shares authorized; 15,536,275 shares issued and outstanding in 2011 and 2010 1,553,628 1,553,628
Additional paid-in capital 2,559,145 2,561,008
Accumulated deficit (3,626,121) (3,626,121)
Deficit accumulated during the development stage (1,033,757) (811,797)
TOTAL STOCKHOLDERS' DEFICIT (547,105) (323,282)
TOTAL LIABILITIES, PREFERRED STOCK AND STOCKHOLDERS' DEFICIT $ 1,484,906 $ 1,581,989