Quarterly report pursuant to sections 13 or 15(d)

Condensed Consolidated Statements of Stockholders' Equity (Deficit)

v2.3.0.11
Condensed Consolidated Statements of Stockholders' Equity (Deficit) (USD $)
Total
Preferred-A
Preferred-B
Common Stock
Additional Paid-In Capital
Deficit Accumulated During Development Stage
Stock Subscriptions Receivable
Beginning Balance at Sep. 02, 2009       $ 50,000 $ (50,000)    
Beginning Balance (shares) at Sep. 02, 2009       1,000,000      
Reverse acquisition adjustment (40,757) 10,000   19,758 (70,515)    
Reverse acquisition adjustment, shares   10,000,000   395,150      
Sale of common stock with warrants attached (net of derivative liability) 298,465     3,067 295,398    
Sale of common stock with warrants attached (net of derivative liability), shares       61,333      
Effect of 1:50 reverse split       (71,369) 71,369    
Net loss           (6,801,183)  
Balance at Dec. 31, 2009 (6,543,475) 10,000   1,456 246,252 (6,801,183)  
Balance, shares at Dec. 31, 2009   10,000,000   1,456,483      
Common stock issued for debt to founders 4,600     4,600      
Common stock issued for debt to founders, shares       92,000      
Common stock issued for conversion of convertible notes and accrued interest 567,872     6,000 561,872    
Common stock issued for conversion of convertible notes and accrued interest, shares       120,000      
Sale of common stock with warrants attached (net of derivative liability) (18,340)     191 (18,531)    
Sale of common stock with warrants attached (net of derivative liability), shares       3,834      
Common stock issued for cash 1,390,547     5,167 1,385,380    
Common stock issued for cash, shares       103,333      
Common stock issued for services 433,499     1,058 432,441    
Common stock issued for services, shares       21,167      
Warrants issued for services 6,995,084       6,995,084    
Effect of 1:50 reverse split 553,000     (16,675) 16,675    
Net loss (5,709,559)         (5,709,559)  
Balance at Dec. 31, 2010 (2,879,772) 10,000   1,797 9,619,173 (12,510,742)  
Balance, shares at Dec. 31, 2010   10,000,000   1,796,817      
Common stock issued for conversion of convertible notes and accrued interest 85,691     32,709 52,982    
Common stock issued for conversion of convertible notes and accrued interest, shares       32,708,544      
Common stock issued in exchange for extinguishment of warrants 485,000     565 484,435    
Common stock issued in exchange for extinguishment of warrants, shares       565,000      
Common stock issued for settlement of accounts payable 25,000     17 24,983    
Common stock issued for settlement of accounts payable, shares       17,482      
Common stock issued in connection with debt issuance 6,000     5 5,995    
Common stock issued in connection with debt issuance, shares       5,000      
Sale of common stock 2,499,999     1,833 3,497,166   (999,000)
Sale of common stock (shares)       1,833,333      
Common stock issued for services 701,500     458 701,042    
Common stock issued for services, shares       458,238      
Warrants issued for services 1,171,320       1,171,320    
Net loss (1,140,075)         (1,140,075)  
Balance at Dec. 31, 2011 954,663 10,000   37,384 15,557,096 (13,650,817) (999,000)
Balance, shares at Dec. 31, 2011   10,000,000   37,384,414      
Issuance of Preferred 900,000   1,000   899,000    
Issuance of Preferred, Shares     1,000,000        
Common stock issued for conversion of convertible notes and accrued interest 3,823     1,529 2,294    
Common stock issued for conversion of convertible notes and accrued interest, shares       1,529,036      
Common stock issued for director compensation 146,250     75 146,175    
Common stock issued for director compensation, shares       75,000      
Sale of common stock 1,360,000     1,550 359,450   999,000
Sale of common stock (shares)       1,550,000      
Common stock issued for services 473,980     268 473,712    
Common stock issued for services, shares       267,330      
Warrants issued for compensation 236,651       236,651    
Net loss (2,431,022)         (2,431,022)  
Balance at Jun. 30, 2012 $ 1,644,345 $ 10,000 $ 1,000 $ 40,806 $ 17,674,378 $ (16,081,839)  
Balance, shares at Jun. 30, 2012   10,000,000 1,000,000 40,805,780