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Condensed Consolidated Statements of Cash Flows (USD $)
6 Months Ended 23 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Jun. 30, 2012
Operating Activities      
Net loss $ (1,733,210) $ (975,321) $ (5,235,786)
Adjustments to net loss relating to non-cash operating items:      
Depreciation and amortization 69,815 47,562 207,581
Stock based compensation 341,471 146,190 748,508
Common stock and warrants issued to settle liabilities for services 264,332 318,744 1,061,975
Amortization of stock issued in advance of services 35,000 0 64,167
Changes in operating assets and liabilities:      
Accounts receivable (11,707) 0 (11,707)
Prepaid expenses (1,701) 0 (1,701)
Other current assets (4,790) (49,160) (6,786)
Accounts payable and accrued liabilities (79,056) (137,954) 117,176
Related party payables (23,908) 16,185 46,334
Net Cash Used In Operating Activities (1,143,754) (633,754) (3,010,239)
Investing Activities      
Purchases of property and equipment (71,121) (4,263) (105,986)
Net Cash Used in Investing Activities (71,121) (4,263) (105,986)
Financing Activities      
Proceeds from issuance of common shares 1,287,376 341,907 3,150,605
Grants received 0 676,346 676,346
Proceeds from note payable 0 0 59,942
Repayment of note payable - related party 0 (158,594) (355,807)
Cash acquired through reverse merger 0 0 100
Net Cash Provided By Financing Activities 1,287,376 859,659 3,531,186
Effect of foreign exchange on cash (34,144) 3,269 (28,712)
Increase (Decrease) in Cash 38,357 224,911 386,249
Cash - Beginning of Period 347,892 47,482 0
Cash - End of Period 386,249 272,393 386,249
Supplemental Disclosures of Cash Flow Information      
Interest paid 0 0 0
Income tax paid 0 0 0
Non Cash Financing Activities::      
Acquisition of subsidiary for Debt 0 0 1,000,000
Shares issuable for acquisition of intangible assets $ 0 $ 0 $ 1,169,943