v2.4.0.6
CONDENSED CONSOLIDATED STATEMENT OF STOCKHOLDERS' EQUITY (USD $)
Common Shares, $.002 Par Value Per Share
Additional Paid-In Capital
Accumulated Deficit
Total
Beginning balance, amount at Mar. 31, 2011 $ 1,089 $ 3,460,597 $ (7,897,323) $ (4,435,637)
Beginning balance, shares at Mar. 31, 2011 10,886,374      
Common shares issued for services, shares 16,849      
Common shares issued for services, amount 2 183,998    184,000
Warrants issued for services    135,207    135,207
Common stock issued in Private Placement, net of offering costs of $255,900, shares 292,500      
Common stock issued in Private Placement, net of offering costs of $255,900, amount 29 914,071    914,100
Common shares issued in Unit offering net of Offering costs of $1,605,747, shares 15,625,945      
Common shares issued in Unit offering net of Offering costs of $1,605,747, amount 1,563 10,892,690    10,894,253
Placement Agent consideration For Unit offering, shares 100,000      
Placement Agent consideration For Unit offering, amount 10 (10)      
Common shares issued on conversion of notes payable in Unit offering, shares 4,041,563      
Common shares issued on conversion of notes payable in Unit offering, amount 404 4,980,359    4,980,763
Warrants issued in Unit offering   (26,282,119) (1,365,306) (27,647,425)
Common shares issued on conversion of related party note payable, shares 133,750      
Common shares issued on conversion of related party note payable, amount 13 106,987    107,000
Share-based compensation   283,199    283,199
Cashless exercise of Placement Agent warrants, shares 331,303      
Cashless exercise of Placement Agent warrants, amount 33 3,594,402    3,594,435
Shares issued under repricing agreement, shares 292,500      
Shares issued under repricing agreement, amount 29 (29)      
Warrants issued on deposit of Asset acquisition   162,192    162,192
Common shares issued on deposit of assets acquisition, shares 250,000      
Common shares issued on deposit of assets acquisition, amount 25 499,975    500,000
Warrants issued with convertible note   811,447    811,447
Beneficial conversion feature on note payable   243,711    243,711
Settlement of derivative liability   13,323    13,323
Net loss     (10,201,446) (10,201,446)
Ending balance, amount at Dec. 31, 2011 $ 3,197    $ (19,464,075) $ (19,460,878)
Ending balance, shares at Dec. 31, 2011 31,970,784