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CONDENSED CONSOLIDATED BALANCE SHEETS (USD $)
Jun. 30, 2012
Dec. 31, 2011
Dec. 31, 2010
ASSETS      
Cash and cash equivalents $ 7,717,292 $ 146,160 $ 291,462
Prepaid expenses and other current assets 45,945 14,797 60,492
Deferred offering costs 117,732 0 0
Total current assets 7,880,969 160,957 351,954
Furniture and equipment, net 14,061 0 338
TOTAL ASSETS 7,895,030 160,957 352,292
LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT)      
Accounts payable and accrued expenses 423,500 218,612 73,632
Accounts payable - related party 0 56,087 0
Accrued Phase 3 expenses 55,784 55,784 111,871
Accrued payroll 11,915 0 69,532
Deferred revenue 0 100,000 80,000
Notes payable and accrued interest - related party 0 300,000 0
Convertible note payable and accrued interest 0 1,130,479 0
Total current liabilities 491,199 1,860,962 335,035
Convertible note payable and accrued interest 0 0 1,055,479
TOTAL LIABILITIES 491,199 1,860,962 1,390,514
Commitments and contingencies         
STOCKHOLDERS' EQUITY (DEFICIT)      
Series A Convertible preferred stock, $0.001 par value,10 shares authorized, none,10 shares and 0 issued and outstanding at June 30, 2012, December 31, 2011 and December 31, 2010 respectively 0 0 0
Common stock, $0.001 par value, 395,000,000 shares authorized, 29,696,213,1,987,601 and 1,991,508 shares issued and outstanding at June 30, 2012, December 31, 2011 and December 31, 2010 respectively 29,696 1,988 1,992
Additional paid-in capital 28,779,549 16,818,740 16,426,583
Deficit accumulated during the development stage (21,405,414) (18,520,733) (17,466,797)
TOTAL STOCKHOLDERS' EQUITY (DEFICIT) 7,403,831 (1,700,005) (1,038,222)
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT) $ 7,895,030 $ 160,957 $ 352,292