Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited)

v3.5.0.2
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Sep. 30, 2016
Sep. 30, 2015
Income Statement [Abstract]        
Revenues $ 0 $ 0 $ 0 $ 0
Costs and Expenses        
Operating expenses 467,579 727,587 1,728,129 2,409,551
Research and development expenses 51,595 80,082 199,772 500,517
Loss before other income (expense) (519,174) (807,669) (1,927,901) (2,910,068)
Other income (expense)        
Other income 690 7,858 1,150 10,858
Interest and financing expense (516,712) (25,986) (1,449,594) (643,868)
Loss on disposition of equipment 0 0 (3,343) 0
Net loss $ (1,035,196) $ (825,797) $ (3,379,688) $ (3,543,078)
Net loss per common share, basic and diluted $ (.01) $ 0.00 $ (.02) $ (.02)
Weighted average common shares outstanding, basic and diluted 195,342,504 183,128,577 190,874,796 181,943,768