Quarterly report pursuant to sections 13 or 15(d)

Statements of Operations

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Statements of Operations (USD $)
3 Months Ended 51 Months Ended
Mar. 31, 2012
Mar. 31, 2011
Mar. 31, 2012
Income Statement [Abstract]      
NET REVENUES   $ 178,308 $ 415,996
Research and development 80,916 243,070 1,673,923
General and administrative 1,289,849 412,593 5,747,076
Total costs and expenses 1,370,765 655,663 7,420,999
LOSS FROM OPERATIONS (1,370,765) (477,355) (7,005,003)
Interest Expense (72,215) (63,868) (1,283,390)
Other Income (Expense)     87,685
Change in fair value of warrant & derivatives liabilities 80,520 38,045 477,688
Total interest & other income (Expense) 8,305 (25,823) (718,017)
NET (LOSS) $ (1,362,460) $ (503,178) $ (7,723,020)
NET (LOSS) PER SHARE, BASIC $ (0.02) $ (0.02)  
COMMON SHARES OUTSTANDING - BASIC 84,094,163 24,961,474