Annual report pursuant to section 13 and 15(d)

CONSOLIDATED STATEMENT OF STOCKHOLDERS' EQUITY

v2.4.0.6
CONSOLIDATED STATEMENT OF STOCKHOLDERS' EQUITY (USD $)
Common Stock
Common Stock to be Issued
Additional Paid-in Capital
Deferred Compensation
Retained Earnings [Member]
Total
Beginning Balance, Amount at Feb. 17, 1998                  
Beginning Balance, Shares at Feb. 17, 1998             
Issuance of common stock, Amount 10,030    14,270       24,300
Issuance of common stock, Shares 10,030,000          
Net loss             (21,307) (21,307)
Ending Balance, Amount at Dec. 31, 1998 10,030    14,270    (21,307) 2,993
Ending Balance, Shares at Dec. 31, 1998 10,030,000          
Issuance of common stock, Amount 198    516,738       516,936
Issuance of common stock, Shares 198,003          
Issuance of common stock for ZEFS, Amount 5,000             5,000
Issuance of common stock for ZEFS, Shares 5,000,000          
Common stock issued for services, Amount 69    49,444       49,513
Common stock issued for services, Shares 69,122          
Net loss             (1,075,264) (1,075,264)
Ending Balance, Amount at Dec. 31, 1999 15,297    580,452    (1,096,571) (500,822)
Ending Balance, Shares at Dec. 31, 1999 15,297,125          
Common stock issued for services, Amount 306    588,704       589,010
Common stock issued for services, Shares 305,810          
Stock issued for employee compensation, Amount 42    137,378       137,420
Stock issued for employee compensation, Shares 42,000          
Stock issued for directors fees, Amount (55)    (64,245)       (64,300)
Stock issued for directors fees, Shares (55,000)          
Net loss             (1,270,762) (1,270,762)
Ending Balance, Amount at Dec. 31, 2000 15,646    1,437,873    (2,367,333) (913,814)
Ending Balance, Shares at Dec. 31, 2000 15,645,935          
Fair value of options issued to non-employees       142,318       142,318
Intrinsic value of options issued to employees       2,600,000 (2,600,000)      
Common stock issued for services, Amount 1,340    1,031,231       1,032,571
Common stock issued for services, Shares 1,339,912          
Stock issued for directors fees, Amount 1,100    1,008,900       1,010,000
Stock issued for directors fees, Shares 1,100,000          
Amortization of deferred compensation          191,667    191,667
Net loss             (2,735,013) (2,735,013)
Ending Balance, Amount at Dec. 31, 2001 18,086    6,220,322 (2,408,333) (5,102,346) (1,272,271)
Ending Balance, Shares at Dec. 31, 2001 18,085,847          
Issuance of common stock, Amount    389,875          389,875
Issuance of common stock, Shares 2,305,000          
Fair value of options issued to non-employees       54,909 (54,909)      
Stock issued for directors fees, Amount 2,150    857,850       860,000
Stock issued for directors fees, Shares 2,150,000          
Amortization of deferred compensation          891,182    891,182
Net loss             (2,749,199) (2,749,199)
Ending Balance, Amount at Dec. 31, 2002 20,236 389,875 7,133,081 (1,572,060) (7,851,545) (1,880,413)
Ending Balance, Shares at Dec. 31, 2002 20,235,847          
Common stock issued previously paid for, Amount 2,305 (433,750) 431,445         
Common stock issued previously paid for, Shares 2,305,000          
Issuance of common stock, Amount 9,504 6,250 2,366,439       2,382,193
Issuance of common stock, Shares 9,529,000          
Common stock issued for convertible debt, Amount 2,000    498,000       500,000
Common stock issued for convertible debt, Shares 2,000,000          
Common stock issued for services, Amount 83    45,794       45,877
Common stock issued for services, Shares 83,414          
Finders' fees related to stock issuances    43,875 (312,582)       (268,707)
Amortization of deferred compensation          863,727    863,727
Net loss             (2,476,063) (2,476,063)
Ending Balance, Amount at Dec. 31, 2003 34,128,261          
Ending Balance, Shares at Dec. 31, 2003 34,128 6,250 10,162,177 (708,333) (10,327,608) (833,386)
Common stock issued previously paid for, Amount 25 (6,250) 6,225         
Common stock issued previously paid for, Shares 25,000          
Issuance of common stock, Amount 1,273 119,000 1,271,227       1,391,500
Issuance of common stock, Shares 1,272,500          
Common stock issued for convertible debt, Amount 60    91,740       91,800
Common stock issued for convertible debt, Shares 60,000          
Common stock issued upon exercise of warrants and options, Amount 960    193,240       194,200
Common stock issued upon exercise of warrants and options, Shares 960,500          
Fair value of options issued to non-employees       55,381 (55,381)      
Common stock issued for services, Amount 1,268    1,388,663       1,389,931
Common stock issued for services, Shares 1,268,560          
Stock issued for directors fees, Amount 50    74,950       75,000
Stock issued for directors fees, Shares 50,000          
Finders' fees related to stock issuances       (88,384)         
Common stock issued for patent settlement, Amount 20    24,780       24,800
Common stock issued for patent settlement, Shares 20,000          
Amortization of deferred compensation          936,537    936,537
Fair value of options issued to employees       248,891 (248,891)      
Fair value of warrants issued       1,614,138       1,614,138
Net loss             (6,803,280) (6,803,280)
Ending Balance, Amount at Dec. 31, 2004 37,784 119,000 15,043,028 (76,068) (17,130,888) (2,007,144)
Ending Balance, Shares at Dec. 31, 2004 37,784,821          
Common stock issued previously paid for, Amount 119 (119,000) 118,881         
Common stock issued previously paid for, Shares 119,000          
Issuance of common stock, Amount 1,530    1,528,970       1,530,500
Issuance of common stock, Shares 1,530,500          
Common stock issued upon exercise of warrants and options, Amount 1    199       200
Common stock issued upon exercise of warrants and options, Shares 500          
Fair value of warrants and beneficial conversion feature of issued convertible notes       1,453,181       1,453,181
Finders' fees related to stock issuances       (109,840)       (109,840)
Amortization of deferred compensation          177,631    177,631
Fair value of options issued to employees       243,750 (243,750)      
Fair value of options issued for settlement costs       31,500       31,500
Fair value of warrants issued       18,462       18,462
Common stock to be issued for settlement of payables    612,521          612,521
Common stock cancelled, Amount (8,047)    8,047         
Common stock cancelled, Shares (8,047,403)          
Net loss             (3,115,186) (3,115,186)
Ending Balance, Amount at Dec. 31, 2005 31,387 612,521 18,336,178 (142,187) (20,246,074) (1,408,175)
Ending Balance, Shares at Dec. 31, 2005 31,387,418          
Common stock issued previously paid for, Amount 847 (612,521) 611,674         
Common stock issued previously paid for, Shares 846,549          
Issuance of common stock, Amount 1,360 60,000 2,401,048       2,462,408
Issuance of common stock, Shares 1,360,537          
Common stock issued for convertible debt, Amount 3,417    2,356,449       2,359,866
Common stock issued for convertible debt, Shares 3,416,186          
Common stock issued upon exercise of warrants and options, Amount 2,584    1,794,944       1,797,528
Common stock issued upon exercise of warrants and options, Shares 2,583,533          
Fair value of warrants and beneficial conversion feature of issued convertible notes       1,260       1,259,696
Finders' fees related to stock issuances       (284,579)       (284,579)
Common stock to be issue for out of line of credit, Amount 487    379,610       380,097
Common stock to be issue for out of line of credit, Shares 487,483          
Fair value of options issued to employees       2,253,263       2,253,263
Fair value of options issued for settlement costs       31,500       31,500
Fair value of options and warrants issued for services       463,627       463,627
Write off of deferred compensation       (142,187) 142,187      
Fees paid on equity line of credit       (30,402)       (30,402)
Net loss             (10,181,523) (10,181,523)
Ending Balance, Amount at Dec. 31, 2006 40,082 60,000 29,430,821    (30,427,597) (896,694)
Ending Balance, Shares at Dec. 31, 2006 40,081,757          
Common stock issued previously paid for, Amount 2,598 (60,000) 57,402        
Common stock issued previously paid for, Shares 2,597,524          
Common stock issued for convertible debt, Amount 1,911   524,569     526,480
Common stock issued for convertible debt, Shares 1,910,711          
Common stock issued for services, Amount   4,000       4,000
Fair value of warrants and beneficial conversion feature of issued convertible notes     1,253,548     1,253,548
Common stock to be issue for out of line of credit, Amount 1,880   990,175     992,055
Common stock to be issue for out of line of credit, Shares 1,880,421          
Fair value of options issued to employees       67,592      67,592
Fair value of options and warrants issued for services     35,340     35,340
Fees paid on equity line of credit     (79,364)     (79,364)
Net loss            (6,262,743) (6,262,743)
Ending Balance, Amount at Dec. 31, 2007 46,471 4,000 32,280,083   (36,690,340) (4,359,786)
Ending Balance, Shares at Dec. 31, 2007 46,470,413          
Common stock issued for convertible debt, Amount 5,574 16,500 1,936,171      1,958,245
Common stock issued for convertible debt, Shares 5,575,082          
Common stock issued upon exercise of warrants and options, Amount 1,065    531,260      532,325
Common stock issued upon exercise of warrants and options, Shares 1,064,650          
Common stock issued for services, Amount 2,409 (4,000) 520,220      518,629
Common stock issued for services, Shares 2,408,850          
Fair value of warrants and beneficial conversion feature of issued convertible notes       1,323,077      1,323,077
Fair value of options issued to employees       645,745      645,745
Common stock issued for Morale/ Matthews settlement, Amount 7,422    2,776,289      2,783,711
Common stock issued for Morale/ Matthews settlement, Shares 7,421,896          
Fair value of warrants issued to PIPE holders       116,913      116,913
Net loss            (6,052,724) (6,052,724)
Ending Balance, Amount at Dec. 31, 2008 62,941 16,500 40,129,758   (42,743,064) (2,533,865)
Ending Balance, Shares at Dec. 31, 2008 62,940,891          
Common stock issued for settlement of accounts payable, Amount 496    128,986      129,482
Common stock issued for settlement of accounts payable, Shares 495,615          
Common stock and warrants issued to induce conversion of notes, Amount 460   300,243      300,703
Common stock and warrants issued to induce conversion of notes, Shares 459,732          
Common stock issued upon exercise of options, Amount 83    22,417      22,500
Common stock issued upon exercise of options, Shares 83,333          
Common stock issued for services, Amount 1,482    595,438      596,920
Common stock issued for services, Shares 1,482,000          
Fair value of warrants and beneficial conversion feature of issued convertible notes       540,324      540,324
Common stock issued for previously converted notes, Amount 97 (16,500) 16,403        
Common stock issued for previously converted notes, Shares 97,059          
Fair value of warrants issued to shareholder for loan       1,248      1,248
Fair value of options and warrants issued as compensation       89,802      89,802
Net loss           (6,194,950) (6,194,950)
Ending Balance, Amount at Dec. 31, 2009 71,289    43,255,773   (48,938,014) (5,610,952)
Ending Balance, Shares at Dec. 31, 2009 71,289,396          
Common stock issued for settlement of accounts payable, Amount 12    4,109      4,121
Common stock issued for settlement of accounts payable, Shares 12,121          
Common stock and warrants issued to induce conversion of notes, Amount 225    118,893      119,118
Common stock and warrants issued to induce conversion of notes, Shares 224,751          
Common stock issued for convertible debt, Amount 15,851    4,401,566      4,417,417
Common stock issued for convertible debt, Shares 15,851,272          
Common stock issued upon exercise of options, Amount 196    52,604      52,800
Common stock issued upon exercise of options, Shares 195,555          
Common stock issued for services, Amount 3,710    1,381,427      1,385,137
Common stock issued for services, Shares 3,710,099          
Stock issued for employee compensation, Amount 170    91,530      91,700
Stock issued for employee compensation, Shares 170,000          
Fair value of warrants and beneficial conversion feature of issued convertible notes       2,305,311      2,305,311
Fair value of options and warrants issued for services       126,000      126,000
Fair value of options and warrants issued as compensation       138,733      138,733
Fair value of warrants issued to induce conversion of convertible debt       49,222      49,222
Net loss           (9,494,906) (9,494,906)
Ending Balance, Amount at Dec. 31, 2010 91,453    51,925,168   (58,432,920) (6,416,299)
Ending Balance, Shares at Dec. 31, 2010 91,453,194          
Common stock issued for convertible debt, Amount 19,862    4,945,508      4,965,370
Common stock issued for convertible debt, Shares 19,861,478          
Common stock issued upon exercise of warrants and options, Amount 81    (81)        
Common stock issued upon exercise of warrants and options, Shares 81,020          
Common stock issued upon exercise of options, Amount 78    20,922      21,000
Common stock issued upon exercise of options, Shares 77,778          
Common stock issued for services, Amount 2,800    859,200      862,000
Common stock issued for services, Shares 2,800,000          
Fair value of warrants and beneficial conversion feature of issued convertible notes       5,666,345      5,666,345
Fair value of options and warrants issued as compensation       2,240,961      2,240,961
Fair value of warrants issued to consultants       411,888      411,888
Net loss           (10,856,547) (10,856,547)
Ending Balance, Amount at Dec. 31, 2011 114,274    66,069,911   (69,289,467) (3,105,282)
Ending Balance, Shares at Dec. 31, 2011 114,273,470          
Common stock issued for convertible debt, Amount 14,305   3,775,329     3,789,634
Common stock issued for convertible debt, Shares 14,305,156          
Common stock issued upon exercise of warrants and options, Amount 11,787   3,305,394     3,317,181
Common stock issued upon exercise of warrants and options, Shares 11,787,277          
Common stock issued upon exercise of options, Amount 777   363,923     364,700
Common stock issued upon exercise of options, Shares 776,667          
Common stock issued for services, Amount 2,525   1,225,725     1,228,250
Common stock issued for services, Shares 2,525,000          
Fair value of warrants and beneficial conversion feature of issued convertible notes     1,888,211     1,888,211
Fair value of options and warrants issued as compensation     2,070,426     2,070,426
Fair value of warrants issued to consultants     641,747     641,747
Net loss         (13,092,387) (13,092,387)
Ending Balance, Amount at Dec. 31, 2012 $ 143,668   $ 79,340,666   $ (82,381,854) $ (2,897,520)
Ending Balance, Shares at Dec. 31, 2012 143,667,570