Quarterly report pursuant to Section 13 or 15(d)

CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited)

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CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) (USD $)
 3 Months Ended 6 Months Ended 30 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Jun. 30, 2011
Jun. 30, 2010
Jun. 30, 2011
Income Statement [Abstract]          
Revenues    $ 7,000    $ 7,000 $ 314,025
Costs and expenses:          
Cost of goods sold             242,075
Operating expenses 24,456    55,612    55,612
License maintenance fees 37,500 25,000 75,000 50,000 225,000
Marketing and development 120,500 2,000 195,328 2,000 321,162
Selling, general and administrative expenses 57,006 25,911 114,644 25,911 247,601
Professional fees 427,956    485,478 63,600 650,952
Impairment of goodwill 3,555,304    3,555,304    3,555,304
Total costs and expenses 4,222,722 52,911 4,481,366 141,511 5,297,706
Operating loss (4,222,722) (45,911) (4,481,366) (134,511) (4,983,681)
Other Income (expense)          
Interest income (expense) (8,475)    (17,835)    (17,835)
Total other income (expense) (8,475)    (17,835)    (17,835)
Net loss from continuing operations $ (4,231,197) $ (45,911) $ (4,499,201) $ (134,511) $ (5,001,516)
Net loss from discontinued operations $ (20,850)    $ (20,850)    $ (20,850)
Net Loss (4,252,047) (45,911) (4,520,051) (134,511) (5,022,366)
NET LOSS PER COMMON SHARE - BASIC AND DILUTED:          
Continuing operations (0.02) (4.64) (0.03) (13.62)  
Discontined operations              
Weighted average common shares outstanding 176,407,990 9,890 167,767,727 9,876