1. Organization and basis of presentation (Details Narrative) (USD $)
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3 Months Ended | 9 Months Ended | 175 Months Ended | |||||
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Sep. 30, 2012
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Sep. 30, 2011
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Sep. 30, 2012
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Sep. 30, 2011
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Sep. 30, 2012
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Dec. 31, 2011
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Dec. 31, 2010
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Feb. 17, 1998
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Organization And Basis Of Presentation Details Narrative | ||||||||
Company incorporated date | Feb. 18, 1998 | |||||||
Deficit accumulated during the development stage | $ 80,828,119 | $ 80,828,119 | $ 80,828,119 | $ 69,289,467 | ||||
Net Loss | 4,670,704 | 2,251,754 | 11,538,652 | 7,511,015 | 80,828,119 | |||
Negative cash flow from operations | 3,310,280 | 3,822,791 | 31,512,397 | |||||
Stockholders' deficiency | 3,600,463 | 3,600,463 | 3,600,463 | 3,105,282 | ||||
Working capital deficiency | 637,851 | 637,851 | 637,851 | |||||
Proceeds from issuance of convertible notes and warrant | 1,831,440 | 3,831,430 | 18,396,488 | |||||
Proceeds from sale of convertible notes | 18,396,488 | |||||||
Convertoble notes payable | 43,450 | 43,450 | 43,450 | 1,720,460 | ||||
Cash on Hand | $ 902,333 | $ 4,594 | $ 902,333 | $ 4,594 | $ 902,333 | $ 617,797 | $ 101,645 |
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- Definition
Date when an entity was incorporated No definition available.
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- Definition
Amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Excludes cash and cash equivalents within disposal group and discontinued operation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Including the current and noncurrent portions, carrying value as of the balance sheet date of a written promise to pay a note, initially due after one year or beyond the operating cycle if longer, which can be exchanged for a specified amount of one or more securities (typically common stock), at the option of the issuer or the holder. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Cumulative net losses reported during the development stage. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The net cash from (used in) all of the entity's operating activities, including those of discontinued operations, of the reporting entity. Operating activities generally involve producing and delivering goods and providing services. Operating activity cash flows include transactions, adjustments, and changes in value that are not defined as investing or financing activities. While for technical reasons this element has no balance attribute, the default assumption is a debit balance consistent with its label. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The cash inflow from the issuance of a long-term debt instrument which can be exchanged for a specified amount of another security, typically the entity's common stock, at the option of the issuer or the holder. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Total of all stockholders' equity (deficit) items, net of receivables from officers, directors, owners, and affiliates of the entity which are attributable to the parent. The amount of the economic entity's stockholders' equity attributable to the parent excludes the amount of stockholders' equity which is allocable to that ownership interest in subsidiary equity which is not attributable to the parent (noncontrolling interest, minority interest). This excludes temporary equity and is sometimes called permanent equity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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- Definition
proceeds from sale of convertible notes No definition available.
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- Definition
Custom Element. No definition available.
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