v2.4.0.6
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
 9 Months Ended
Sep. 30, 2012
Sep. 30, 2011
CASH FLOWS FROM OPERATING ACTIVITIES    
Net Loss $ (8,780,315) $ (8,143,914)
Services contributed by officers and shareholders    1,500
Depreciation and amortization 163,363 510
Amortization of debt discounts on convertible notes 437,344   
Gain on derivative liability revaluation (185,118)   
Common stock issued for prepayment of debenture 20,272   
Common shares issued for services 1,442,768 195,228
Impairment of goodwill 3,981,508 2,350,800
Stock options issued for services 925,685 5,298,046
Loss on disposal of subsidiary 558,287   
Changes in operating assets and liabilities:    
Accounts receivable 10,866   
Prepaid expenses 12,296 (9,392)
Due from related parties    60,889
Accounts payable and accrued expenses (5,663) 35,400
Deferred revenue (77,433)   
Net Cash Used in Continuing Operating Activities (1,496,140) (210,933)
Net Cash Provided by Discontinued Operating Activities 461,746   
Net Cash Used in Operating Activities (1,034,394) (210,933)
CASH FLOWS FROM INVESTING ACTIVITIES    
Cash acquired in acquisition of subsidiary 8,129   
Purchase of equipment (1,041)   
Net Cash Provided by Continuing Investing Activities 7,088   
Net Cash Provided by Discontinued Investing Activities      
Net Cash Provided by Investing Activities 7,088   
CASH FLOWS FROM FINANCING ACTIVITIES    
Advance (Repayments) on notes payable - related parties (75,000) 199,677
Repayments on notes payable    (2,250)
Repayments on convertible debenture (26,250)   
Proceeds from sale of common stock and warrants 450,000   
Proceeds from sale of preferred stock 5,108   
Proceeds from issuance of convertible notes 694,922   
Net Cash Provided by Continuing Financing Activities 1,048,780 197,427
Net Cash Provided by Discontinued Financing Activities      
Net Cash Provided by Financing Activities 1,048,780 197,427
EFFECTS OF EXCHANGE RATES ON CASH (3,440)   
NET INCREASE (DECREASE) IN CASH 18,034 (13,506)
CASH AT BEGINNING OF YEAR 181,725 18,068
CASH AT END OF YEAR 199,759 4,562
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION    
Interest 25,243   
Income taxes      
NON-CASH FINANCING AND INVESTING ACTIVITIES    
Notes payable and warrants issued for acquisition of subsidiary 713,150   
Common stock issued for acquisition of subsidiary 2,145,000   
Preferred stock issued for acquisition of subsidiary 2,084,231   
Issuance of common stock on debenture conversion 146,522   
Common stock issued for stock subscriptions payable 186,000   
Common stock issued for intangible assets $ 130,000