Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED BALANCE SHEETS

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CONDENSED CONSOLIDATED BALANCE SHEETS (USD $)
Mar. 31, 2012
Dec. 31, 2011
ASSETS    
Cash and cash equivalents $ 1,980 $ 99,713
Accounts receivable    206,545
Inventory    30,622
Prepaid expenses and other assets 93,863 33,234
Total current assets 95,843 370,114
Property and Equipment, Net 1,034,922 1,566,697
License, Net 80,882 82,353
Prepaid expenses 40,584 43,019
TOTAL ASSETS 1,252,231 2,062,183
LIABILITIES AND STOCKHOLDERS' DEFICIT    
Accounts payable and accrued expenses 346,478 368,908
Accrued legal and consulting fees 784,915 656,507
Advances payable - related party 951,034 951,034
Convertible note payable of discontinued operations 50,000 50,000
Notes payable 150,000 150,000
Current liabilities of discontinued operations 432,051 430,973
Advances payable - related party of discontinued operations 169,984 169,984
Total current liabilities 2,884,462 2,777,406
TOTAL LIABILITIES 2,884,462 2,777,406
STOCKHOLDERS' DEFICIT    
Common stock; $.001 par value; 100,000,000 shares authorized; 33,239,878 shares issued and outstanding as of March 31, 2012 32,678,650 shares issued and outstanding at December 31, 2011 33,240 32,679
Additional Paid-in capital 9,464,468 9,251,529
Deficit accumulated during development stage (11,129,939) (9,999,431)
Total stockholders' deficit (1,632,231) (715,223)
TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT $ 1,252,231 $ 2,062,183