Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statement of Stockholders' Equity (Deficit)

v2.4.0.6
Consolidated Statement of Stockholders' Equity (Deficit) (USD $)
Common Stock
CS-Liability
APIC
Retained Earnings / Accumulated Deficit
Total
Beginning Balance, Amount at Dec. 31, 2011 $ 22,754    $ 21,099,289 $ (24,487,242) $ (3,365,199)
Beginning Balance, Shares at Dec. 31, 2011 22,754,308        
Issuance of CS for services, Amount 225   269,775   270,000
Issuance of CS for services, Shares 225,000        
Issuance of CS for late payment, Amount 235   160,223   160,468
Issuance of CS for late payment, Shares 235,441        
Adjustment to derivative liability due to note repayment     181,646   181,646
Adjustment to derivative liability due to note conversion     1,020,859   1,020,859
Stock based compensation, Amount      210,429   210,429
Stock based compensation, Shares           
Net loss for the six months ended June 30, 2012       (2,683,785) (2,683,785)
Ending Balance, Amount at Jun. 30, 2012 $ 23,214    $ 22,942,231 $ (27,171,027) $ (4,205,582)
Ending Balance, Shares at Jun. 30, 2012 23,214,749