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CONSOLIDATED STATEMENT OF CASH FLOWS (USD $)
12 Months Ended 80 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2013
CASH FLOW FROM OPERATING ACTIVITIES      
Net loss $ (3,266,013) $ (2,582,537) $ (15,397,296)
Adjustments to reconcile net loss to net cash used in operating activities      
Amortization 160,625 185,271 1,137,359
Technology impairment 0 345,000 690,000
Common stock issued for services 0 18,500 318,500
Stock options and warrants 704,480 63,385 3,718,233
(Increase) decrease in assets      
Prepaid drug product for testing 143,636 (42,000) (51,364)
Other current assets (21,542) 5,864 (64,117)
Increase (decrease) in liabilities      
Accounts payable and accrued expenses (34,346) 13,113 294,896
Net cash used in operating activities (2,313,160) (1,993,404) (9,353,789)
CASH FLOW FROM INVESTING ACTIVITIES      
Purchase of exclusive license - related party 0 (25,000) (884,710)
Net cash used in investing activities 0 (25,000) (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 5,330,946 1,600,198 13,370,331
Net cash from financing activities 5,330,946 1,600,198 13,790,331
NET INCREASE (DECREASE) IN CASH 3,017,786 (418,206) 3,551,832
Cash, beginning of period 534,046 952,252 0
Cash, end of period 3,551,832 534,046 3,551,832
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 771,047 0 1,362,613
MD Anderson for License
     
Non-cash financing activities      
Common stock issued 0 0 2,354,167
LPC
     
Non-cash financing activities      
Common stock issued $ 0 $ 1,750 $ 210,755