Quarterly report pursuant to sections 13 or 15(d)

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS

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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
3 Months Ended 171 Months Ended
Mar. 31, 2012
Mar. 31, 2011
Mar. 31, 2012
Net sales     $ 69,000
Cost of goods sold     24,120
Gross profit     44,880
Operating expenses 1,937,905 1,082,984 46,082,540
Research and development expenses 167,466 471,355 7,612,463
Non-cash patent settlement cost     1,610,066
Loss before other income (2,105,371) (1,554,339) (55,260,189)
Other income 13,591 65,363 205,563
Interest income     16,342
Interest and financing expense (2,462,867) (591,412) (19,139,484)
Change in fair value of derivative liabilities (1,139,477) 1,217,597 988,724
Costs of private placement     (1,640,715)
Costs to induce conversion of notes     (469,043)
Loss on disposition of equipment     (14,426)
Settlement of Debt Due Morale/ Matthews     (927,903)
Settlement of litigation and debt 223,774   1,488,796
Loss before provision for income taxes (5,470,350) (862,791) (74,752,335)
Provision for income taxes     7,482
Net loss $ (5,470,350) $ (862,791) $ (74,759,817)
Net loss per common share, basic and diluted (in Dollars per share) $ (0.05) $ (0.01)  
Weighted average common shares outstanding, basic and diluted (in Shares) 118,213,662 92,826,589