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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Operating activities:    
Net loss $ (2,604,750) $ (1,803,297)
Adjustments to reconcile net loss to cash used in operating activities    
Gain from debt settlement 0 (361,277)
Loss from write-off of other assets 0 110,000
Gain from sale of equipment (55,500) 0
Common stock issued for services 0 1,386,000
Common stock issued to extend certain convertible note maturity dates 48,800 0
Common stock issued for other settlements 54,181 36,250
Preferred stock issued in exchange for services 61,000 0
Preferred stock issued to extend certain convertible note maturity dates 228,750 0
Accretion of debt discount 516,185 0
Depreciation 239,878 239,878
Stock compensation expense 52,017 0
Change in fair value of warrants 9,232 60,049
Amortization of deferred financing costs 13,378 0
Gain on sale of Aultra Investment 0 (217,177)
Net realized gain on sale of securities (38,569) 0
Changes in assets and liabilities    
Other current assets (1,000) 0
Accounts payable 101,718 68,363
Accounts payable-related parties (73,569) 158,688
Accrued liabilities 129,019 0
Net cash used in operating activities (1,319,230) (322,523)
Investing activities:    
Proceeds from sale of available-for- sale securities 266,236 0
Purchases of available-for-sale securities (43,622) 0
Purchases under subscription agreement (100,000) 0
Investments in notes receivable (41,306) 0
Net cash used in investing activities 81,308 0
Financing activities:    
Proceeds from sale of common stock 0 69,600
Proceeds from stock subscriptions 0 40,320
Deferred financing costs (26,550) 0
Proceeds from loans from shareholders 111,000 0
Proceeds from notes payable-related parties 625,000 0
Proceeds from convertible notes payable 422,500 205,000
Net cash provided by financing activities 1,131,950 314,920
Net decrease in cash and cash equivalents (105,972) (7,603)
Cash and cash equivalents at beginning of period 127,397 24,522
Cash and cash equivalents at end of period 21,425 16,919
SUPPLEMENTAL CASH FLOW INFORMATION    
Cash paid during year for interest 0 0
Non-cash Transactions:    
Common shares issued to settle debt 1,057,483 115,000
Common shares issued to settle accrued expenses 78,107 29,612
Proceeds from sale of equipment applied to payroll liability $ 55,500 $ 0