XML 14 R4.htm IDEA: XBRL DOCUMENT v2.4.0.8
STATEMENTS OF OPERATIONS (USD $)
3 Months Ended 6 Months Ended 42 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Jun. 30, 2013
Jun. 30, 2012
Jun. 30, 2013
STATEMENTS OF OPERATIONS          
Sales               
General and administrative 187,900 1,032,930 314,869 1,993,136 29,964,507
Total Expenses 187,900 1,032,930 314,869 1,993,136 29,964,507
Operating Loss (187,900) (1,032,930) (314,869) (1,993,136) (29,964,507)
Gain (Loss) on derivative (665,433) 1,174,085 161,271 9,264,088 7,320,808
Derivative day-one loss         (11,970,479)
Write-off of Goodwill (660,000)   (660,000)   (660,000)
Interest Expense (123,654) (27,500) (165,217) (55,000) (1,855,485)
Interest income   59   198 3,559
Net Income (Loss) $ (1,636,987) $ 113,714 $ (978,815) $ 7,216,150 $ (37,126,104)
Basic and Diluted Net Gain (Loss) Per Common Share $ (0.04)   $ (0.02) $ 0.22  
Basic and Diluted Weighted Average Common Shares Outstanding 46,102,682 33,138,726 40,104,030 32,873,067  
Diluted Net Gain (Loss) Per Common Share $ (0.04)   $ (0.02) $ 0.18  
Diluted Weighted Average Common Shares Outstanding 46.102682 41,209,825 40,104,030 41,073,616