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Consolidated Statements Of Operations (USD $)
3 Months Ended 9 Months Ended 65 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Sep. 30, 2012
Sep. 30, 2011
Sep. 30, 2012
Revenue               
Operating expense          
General & administrative 246,086 [1] 327,380 [1] 729,569 [1] 1,002,191 [1] 6,802,934 [1]
Total operating expense 840,489 504,489 2,150,898 1,560,994 12,016,899
Net operating loss (840,489) (504,489) (2,150,898) (1,560,994) (12,016,899)
Other income          
Interest income 26 870 768 2,171 77,079
Other income             244,479
Other expense (89) (200) (487) (471) (4,023)
Total Other Income (63) 670 281 1,700 317,535
Net Loss (840,552) (503,819) (2,150,617) (1,559,294) (11,699,364)
Loss per share          
Net loss per share, basic and diluted $ (0.01) $ (0.01) $ (0.04) $ (0.03) $ (0.26)
Basic and diluted weighted average number of common shares outstanding 58,902,046 56,146,296 58,717,393 52,398,690 45,349,410
All Other
         
Operating expense          
Research and Development 546,821 [2] 127,109 [2] 994,459 [2] 458,803 [2] 4,187,345 [2]
MD Anderson for License
         
Operating expense          
Research and Development $ 47,582 [3] $ 50,000 [3] $ 426,870 [3] $ 100,000 [3] $ 1,026,620 [3]
[1] General & administrative expense includes stock for services, stock option and warrant expenses of $105,491 for the quarter ending 9/30/2011; $21,750 and $314,869 for the nine month periods ending 9/30/2012 and 9/30/2011, respectively; and for the period from inception through 9/30/2012 $2,584,265 for stock option and warrant expense and $318,500 in stock for services.
[2] Research and development expense includes stock option expenses of $11,414 and $17,406 for the quarters ending 9/30/2012 and 9/30/2011, respectively; $42,231 and $48,693 for the nine month periods ending 9/30/2012 and 9/30/2011, respectively; and $411,585 for the period from inception through 9/30/2012. Research and development expense also includes amortization expenses of $48,503 and $53,017 for the quarters ending 9/30/2012 and 9/30/2011, respectively; $145,115 and $157,490 for the nine month periods ending 9/30/2012 and 9/30/2011, respectively; and $936,578 for the period from inception through 9/30/2012.
[3] Includes $345,000 technology impairment charge for the nine month period ending 9/30/2012; and $690,000 for the period from inception through 9/30/2012