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CONSOLIDATED STATEMENT OF CASH FLOWS (USD $)
12 Months Ended 63 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2012
CASH FLOW FROM OPERATING ACTIVITIES      
Net loss $ (2,582,537) $ (2,363,344) $ (12,131,283)
Adjustments to reconcile net loss to net cash used in operating activities      
Amortization 185,271 211,709 976,734
Technology impairment 345,000 345,000 690,000
Common stock issued for services 18,500 0 318,500
Stock options and warrants 63,385 382,918 3,013,752
(Increase) decrease in assets      
Grants receivable 0 244,479 0
Prepaid drug product for testing (42,000) (64,600) (195,000)
Other current assets 5,864 24,554 (42,575)
Increase (decrease) in liabilities      
Accounts payable and accrued expenses 13,113 69,373 329,244
Net cash used in operating activities (1,993,404) (1,149,911) (7,040,628)
CASH FLOW FROM INVESTING ACTIVITIES      
Purchase of exclusive license - related party (25,000) (170,056) (884,710)
Net cash used in investing activities (25,000) (170,056) (884,710)
CASH FLOW FROM FINANCING ACTIVITIES      
Proceeds from convertible notes 0 0 435,000
Cash repayment of convertible notes 0 0 (15,000)
Net proceeds from sale of common stock 1,600,198 2,033,654 8,039,384
Net cash from financing activities 1,600,198 2,033,654 8,459,384
NET INCREASE (DECREASE) IN CASH (418,206) 713,687 534,046
Cash, beginning of period 952,252 238,565 0
Cash, end of period 534,046 952,252 534,046
Cash paid for      
Interest 0 0 445
Income taxes 0 0 0
Non-cash financing activities      
Common stock issued upon conversion of convertible notes 0 0 420,000
Placement Agent
     
Non-cash financing activities      
Common stock issued 0 179,421 591,566
MD Anderson for License
     
Non-cash financing activities      
Common stock issued 0 0 2,354,167
LPC
     
Non-cash financing activities      
Common stock issued $ 1,750 $ 1,549 $ 210,755