Quarterly report pursuant to sections 13 or 15(d)

4. Convertible Debentures (Details Narrative)

v2.3.0.11
4. Convertible Debentures (Details Narrative) (USD $)
6 Months Ended 174 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Jun. 30, 2012
Dec. 31, 2011
Convertible Debentures Details Narrative        
Risk-free interest rate 0.10   0.10  
Outstanding notes convertible into common stock - shares 1,935,252   1,935,252  
Converstion price $ 0.25   $ 0.25  
Convertible notes sold $ 1,495,854      
Convertible notes sold net 1,326,740      
Discount on convertible notes sold 135,374      
Unamortized debt discount (232,813)   (232,813) (1,550,918)
Amortized debt discount $ 2,813,959 $ 3,783,405 $ 18,948,036  
Warrants granted 5,983,416