Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements Of Operations (Unaudited)

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Condensed Consolidated Statements Of Operations (Unaudited) (USD $)
3 Months Ended 6 Months Ended 54 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Jun. 30, 2013
Jun. 30, 2012
Jun. 30, 2013
Condensed Consolidated Statements Of Operations          
Revenues $ 452,344    $ 507,790 $ 85,540 $ 2,067,967
Costs and expenses:          
Cost of goods sold 50,397    78,748 67,013 755,793
Operating expenses 420,564 27,185 449,773 39,648 1,210,017
License maintenance fees 50,000 50,000 100,000 100,000 600,000
Marketing and development 91,309 60,314 181,079 123,314 1,484,775
Selling, general and administrative expenses 712,275 415,003 1,343,373 863,241 7,450,516
Professional fees 79,889 198,595 299,378 345,045 2,052,825
Impairment of fixed assets          400,000 800,000
Impairment of goodwill             3,555,304
Total costs and expenses 1,404,434 751,097 2,452,351 1,938,261 17,909,230
Operating loss (952,090) (751,097) (1,944,561) (1,852,721) (15,841,263)
Other Income (expense)          
Interest expense (132,559) (60,068) (255,679) (87,874) (571,470)
Loss on disposal of fixed assets             (19,504)
Gain on forgiveness of liabilities 80,656    80,656    360,656
Total other income (expense) (51,903) (60,068) (175,023) (87,874) (230,318)
Net loss from continuing operations (1,003,993) (811,165) (2,119,584) (1,940,595) (16,071,581)
Net income (loss) from discontinued operations    110    (968) 74,517
Net Loss $ (1,003,993) $ (811,055) $ (2,119,584) $ (1,941,563) $ (15,997,064)
NET LOSS PER COMMON SHARE - BASIC AND DILUTED:          
Continuing operations $ (0.03) $ (0.02) $ (0.06) $ (0.06)  
Discontined operations              
Total $ (0.03) $ (0.02) $ (0.06) $ (0.06)  
Weighted average common shares outstanding 33,438,015 33,239,878 33,387,146 33,031,971