Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Operations

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Condensed Consolidated Statements of Operations (USD $)
 3 Months Ended 6 Months Ended 42 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Jun. 30, 2012
Jun. 30, 2011
Jun. 30, 2012
Income Statement [Abstract]          
Revenues     $ 85,540    $ 857,645
Costs and expenses:          
Cost of goods sold       67,013    510,938
Operating expenses 27,185 24,456 39,648 55,612 536,749
License maintenance fees 50,000 37,500 100,000 75,000 400,000
Marketing and development 60,314 120,500 123,314 195,328 1,013,194
Selling, general and administrative expenses 415,003 57,006 863,241 114,644 4,897,535
Professional fees 198,595 427,956 345,045 485,478 1,316,371
Impairment of fixed assets      400,000    400,000
Impairment of goodwill    3,555,304    3,555,304 3,555,304
Total costs and expenses 751,097 4,222,722 1,938,261 4,481,366 12,630,091
Operating loss (751,097) (4,222,722) (1,852,721) (4,481,366) (11,772,446)
Other Income (expense)          
Interest income (expense) (60,068) (8,475) (87,874) (17,835) (142,131)
Total other income (expense) (60,068) (8,475) (87,874) (17,835) (142,131)
Net loss from continuing operations $ (811,165) $ (4,231,197) $ (1,940,595) $ (4,499,201) $ (11,914,577)
Net income (loss) from discontinued operations $ 110 $ (20,850) $ (968) $ (20,850) $ (26,417)
Net Loss $ (811,055) $ (4,252,047) $ (1,941,563) $ (4,520,051) $ (11,940,994)
NET LOSS PER COMMON SHARE - BASIC AND DILUTED:          
Continuing operations $ (0.02) $ (0.15) $ (0.06) $ (0.17)  
Discontined operations              
NET LOSS PER COMMON SHARE - BASIC AND DILUTED: $ (0.02) $ (0.15) $ (0.06) $ (0.17)  
Weighted average common shares outstanding 33,239,878 27,332,052 33,031,971 27,129,086