12. RESTATEMENT OF FINANCIAL STATEMENTS (Tables)

12 Months Ended

Dec. 31, 2012

Restatement Of Financial Statements Tables

Schedule of restatement of financial statements

	As Reported			As Restated
	12/31/2011			12/31/2011
BALANCE SHEET:
Derivative liabilities		–			1,043,639
Total current liabilities		4,368,787			5,412,427
Long term notes payable, net		309,625			37,522
Total liabilities		4,678,412			5,449,949
Accumulated deficit		(48,047,417	)		(48,818,954	)
Total stockholders' deficit		(4,622,017	)		(5,393,554	)
STATEMENT OF OPERATIONS:
Interest expense		(55,485	)		(78,382	)
Debt issuance cost		–			(464,262	)
Gain/(loss) in change of FV of derivative		–			(284,378	)
Total other expenses		(1,472,305	)		(2,243,842	)
NET LOSS		(2,613,866	)		(3,385,403	)