v2.4.0.6
CONDENSED CONSOLIDATED STATEMENT OF STOCKHOLDERS EQUITY (USD $)
Common Stock
Initial founders shares
Common Stock
Shares issued in connection with issuance of senior working capital notes
Common Stock
Reverse recapitalization transaction
Common Stock
Common stock issued towards settlement of notes payable
Common Stock
Common shares issued for services
Common Stock
Common stock issued in Private Placement net of offering costs
Common Stock
Cashless exercise of Placement Agent warrants
Common Stock
Shares issued under repricing agreement
Common Stock
Common shares issued on deposit of assets acquisition
Common Stock
Additional Paid-In Capital
Initial founders shares
Additional Paid-In Capital
Shares issued in connection with issuance of senior working capital notes
Additional Paid-In Capital
Reverse recapitalization transaction
Additional Paid-In Capital
Common stock issued towards settlement of notes payable
Additional Paid-In Capital
Common shares issued for services
Additional Paid-In Capital
Common stock issued in Private Placement net of offering costs
Additional Paid-In Capital
Cashless exercise of Placement Agent warrants
Additional Paid-In Capital
Shares issued under repricing agreement
Additional Paid-In Capital
Common shares issued on deposit of assets acquisition
Additional Paid-In Capital
Accumulated Deficit
Initial founders shares
Shares issued in connection with issuance of senior working capital notes
Reverse recapitalization transaction
Common stock issued towards settlement of notes payable
Common shares issued for services
Common stock issued in Private Placement net of offering costs
Cashless exercise of Placement Agent warrants
Shares issued under repricing agreement
Common shares issued on deposit of assets acquisition
Total
Beginning balance, amount at Oct. 15, 2009                                                                  
Beginning balance, shares at Oct. 15, 2009                                                               
Issuance of stock, shares 7,600,000 309,375                                                          
Issuance of stock, amount 15,200 619                 (15,200) 308,756                       309,375                
Share based compensation                                                               
Net loss                                           (917,825)                   (917,825)
Ending Balance, amount at Mar. 31, 2010                   15,819 [1]                   293,556 [1] (917,825)                   (608,450)
Ending Balance, shares at Mar. 31, 2010 [1]                   7,909,375                                          
Issuance of stock, shares     143,375 515,367 122,813 2,237,500 [2]                                                  
Issuance of stock, amount     286 1,031 246 4,475 [2]             (320,286) 686,469 365,254 4,081,088 [2]                (320,000) 687,500 365,500 4,085,563 [2]        
Warrants issued in Units Offering                                        (2,182,732)                      (2,182,732)
Beneficial conversion feature of related party loan                                        107,000                      107,000
Share based compensation                                        560,880                      560,880
Retirement of common shares, shares                   (42,056)                                          
Retirement of common shares, value                   (84)                   (151,316)                      (151,400)
Net loss                                           (6,979,498)                   (6,979,498)
Ending Balance, amount at Mar. 31, 2011                   21,773 [1]                   3,439,913 [1] (7,897,323)                   (4,435,637)
Ending Balance, shares at Mar. 31, 2011 [1]                   10,886,374                                          
Issuance of stock, shares         16,849 292,500 [3] 331,303 292,500 250,000                                            
Issuance of stock, amount         34 585 [3] 662 585 500           183,966 913,515 [3] 3,593,773 (585) 499,500             184,000 914,100 [3] 3,594,435    500,000  
Warrants issued for services                                        95,292                      95,292
Warrants issued with convertible note                                        811,447                      811,447
Beneficial conversion feature on note payable                                        243,711                      243,711
Share based compensation                                        123,426                      123,426
Settlement of derivative liability                                        13,323                      13,323
Net loss                                           (12,446,470)                   (12,446,470)
Ending Balance, amount at Sep. 30, 2011                   $ 24,139                   $ 9,917,281 $ (20,343,793)                   $ (10,402,373)
Ending Balance, shares at Sep. 30, 2011                   12,069,526                                          
[1] Adjustment gives effect to a 30-for-1 forward stock split effective March 17, 2010 and a 1-for-20 reverse stock split effective October 27, 2011.
[2] Net of offering costs of $389,437
[3] Net of offering cost of $255,900