XML 37 R2.htm IDEA: XBRL DOCUMENT v2.4.0.8
Balance Sheets (USD $)
Sep. 30, 2013
Unaudited
Dec. 31, 2012
Audited
Current Assets    
Cash and cash equivalents $ 63,836 $ 95,069
Due from related party 266,196 134,654
Total Current Assets 330,032 229,724
Patents 7,000 7,000
Total Assets 337,032 236,724
Current Liabilities    
Accounts payable 797,908 797,908
Accrued expenses 1,949,651 1,953,934
Derivative liability 359,127 0
Notes payable 773,279 773,279
Convertible notes payable, net 79,726 0
Total Current Liabilities 3,959,691 3,525,121
LONG-TERM LIABILITIES    
Promissory note payable 50,000 0
TOTAL LIABILITIES 4,009,691 3,525,121
Stockholders (Deficit)    
Common stock (Par value $0.001 authorized 100,000,000 shares, issued and outstanding 92,928,477 and 79,813,071 at September 30, 2013 and December 31, 2012, respectively) 92,929 79,813
Common stock subscribed but not yet issued (0 and 1,500,000 at September 30, 2013 and December 31, 2012, respectively) 0 1,500
Subscription receivable 0 (10,000)
Additional paid in capital 29,882,333 26,580,244
Common stock-warrants 97,869 203,237
Deferred compensation (160,867) (12,500)
Accumulated deficit (33,584,923) (30,130,692)
Total stockholders deficit (3,672,659) (3,288,398)
Total Liabilities and stockholders deficit $ 337,032 $ 236,723