Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' DEFICIT

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CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' DEFICIT (USD $)
Common Stock
Additional Paid-In Capital
Accumulated (Deficit)
Common Stock Subscribed
Total
Beginning Balance, Amount at Dec. 16, 2008               
Beginning Balance, Shares at Dec. 16, 2008           
Common stock subscribed, Amount          23,601,967 23,601,967
Common stock subscribed, Shares 23,601,967        
Subscription receivable, Amount          (23,601,967) (23,601,967)
Subscription receivable, Shares (23,601,967)        
Net loss for the period               
Ending Balance, Amount at Dec. 31, 2008               
Ending Balance, Shares at Dec. 31, 2008           
Proceeds from subscriptions receivable, Amount 11,412 (7,245)       4,167
Proceeds from subscriptions receivable, Shares 11,412,090        
Net loss for the period       (30,750)    (30,750)
Ending Balance, Amount at Dec. 31, 2009 11,412 (7,245) (30,750)    (26,583)
Ending Balance, Shares at Dec. 31, 2009 11,412,090        
Proceeds from subscriptions receivable, Amount 12,190 (7,739)       4,451
Proceeds from subscriptions receivable, Shares 12,189,877        
Stock issued for services, Amount 3,484 60,116       63,600
Stock issued for services, Shares 3,483,604        
Net loss for the period       (471,565)    (471,565)
Ending Balance, Amount at Dec. 31, 2010 27,086 45,132 (502,315)    (430,097)
Ending Balance, Shares at Dec. 31, 2010 27,085,571        
Stock issued for services, Amount 63,712        
Stock issued for services, Shares 64 108,566       108,630
Proceeds from the issuance of common stock (pre merger), Amount 164 149,836       150,000
Proceeds from the issuance of common stock (pre merger), Shares 164,321        
Shares issued for services (pre merger), Amount 137 124,863       125,000
Shares issued for services (pre merger), Shares 136,934        
Issuance of common stock in a business combination, Amount 3,043 2,774,735       2,777,778
Issuance of common stock in a business combination, Shares 3,042,977        
Proceeds from the issuance of preferred stock subsequently converted to common stock, net of issuance costs, Amount 508 464,853       465,361
Proceeds from the issuance of preferred stock subsequently converted to common stock, net of issuance costs, Shares 507,500        
Issuance of common stock in lieu of fractional shares from reverse split, Amount               
Issuance of common stock in lieu of fractional shares from reverse split, Shares 337        
Issaunce of warrants    18,139       18,139
Proceeds from the issuance of common stock, net of issuance costs, Amount 1,677 1,612,212       1,613,889
Proceeds from the issuance of common stock, net of issuance costs, Shares 1,677,298        
Common stock to be issued    3,953,193       3,953,193
Net loss for the period       (9,497,116)    (9,497,116)
Ending Balance, Amount at Dec. 31, 2011 32,679 9,251,529 (9,999,431)    (715,223)
Ending Balance, Shares at Dec. 31, 2011 32,678,650        
Proceeds from the issuance of common stock, net of issuance costs, Amount 213 213,287       213,500
Proceeds from the issuance of common stock, net of issuance costs, Shares 213,500        
Common stock to be issued    314,367       314,367
Stock issued for services performed in prior periods, Amount 348 (348)         
Stock issued for services performed in prior periods, Shares 347,728        
Net loss for the period       (3,104,966)    (3,104,966)
Ending Balance, Amount at Sep. 30, 2012 $ 33,240 $ 9,778,835 $ (13,104,397)    $ (3,292,322)
Ending Balance, Shares at Sep. 30, 2012 33,239,878