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Condensed Balance Sheets (Unaudited) (USD $)
Jun. 30, 2012
Dec. 31, 2011
CURRENT ASSETS:    
Cash $ 1,435,802 $ 1,484,906
TOTAL ASSETS 1,435,802 1,484,906
CURRENT LIABILITIES    
Accounts payable and accrued expenses 37,050 9,174
Warrant liability    70,991
TOTAL CURRENT LIABILITIES 37,050 80,165
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 shares issued and outstanding as of December 31, 2011, liquidation preference of $2,063,700 as of December 31, 2011    1,951,846
STOCKHOLDERS' EQUITY/( DEFICIT)    
PREFERRED STOCK, $1.00 par value; 4,000,000 authorized: Series A 10% Convertible Preferred stock; 50,000 shares authorized; 20,637 shares issued and outstanding as of June 30, 2012, liquidation preference of $2,063,700 as of June 30, 2012 2,018,516   
Common stock, $.10 par value 200,000,000 shares authorized; 15,536,275 shares issued and outstanding as of June 30, 2012 and December 31, 2011 1,553,628 1,553,628
Additional paid-in capital 2,560,321 2,559,145
Accumulated deficit (3,626,121) (3,626,121)
Deficit accumulated during the development stage (1,107,592) (1,033,757)
TOTAL STOCKHOLDERS' EQUITY/(DEFICIT) 1,398,752 (547,105)
TOTAL LIABILITIES, PREFERRED STOCK AND STOCKHOLDERS' EQUITY/(DEFICIT) $ 1,435,802 $ 1,484,906