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UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
3 Months Ended 6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Jun. 30, 2011
Jun. 30, 2010
REVENUES $ 227,896 $ 114,977 $ 1,163,110 $ 180,957
COST OF GOODS SOLD 84,736 28,419 179,153 48,814
GROSS PROFIT 143,160 86,558 983,957 132,143
General and Administrative Expenses 793,583 587,534 1,808,186 975,380
Depreciation / Amortization 117,774 117,939 235,713 235,878
INCOME (LOSS) FROM CONTINUING OPERATIONS: (768,197) (618,915) (1,059,942) (1,079,115)
Gain (Loss) on debt settlement 569,000 (12,017) (1,381,882) (732,674)
Debt Related Expense (2,858,076) 0 (3,042,576) 0
Interest Income 86,260 43,633 135,701 68,753
Interest Expense (227,768) (75,707) (594,189) (166,061)
LOSS BEFORE INCOME TAXES (3,198,781) (663,006) (5,942,888) (1,909,097)
Current tax expense 0 0 0 0
Deferred tax expense 0 0 0 0
NET LOSS $ (3,198,781) $ (663,006) $ (5,942,888) $ (1,909,097)
Basic and diluted loss per share of common stock $ (0.06) $ (0.02) $ (0.12) $ (0.06)
Weighted average number of common shares outstanding 56,291,804 35,038,079 51,384,860 34,494,356