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Statements of Cash Flows (USD $)
6 Months Ended 92 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2012
CASH FLOWS FROM OPERATING ACTIVITIES:      
Net loss $ (3,012,340) $ (2,531,295) $ (32,436,456)
Adjustments to reconcile net loss to net cash used in operating activities      
Preferred shares issued for license 0 0 7,000
Preferred shares issued as compensation 0 0 2,203,197
Common shares and warrants issued for services 47,000 36,000 3,444,367
Warrants granted to scientific advisory board 75,000 112,800 1,140,238
Amortization of deferred compensation 0 0 121,424
Depreciation 105,438 109,826 931,313
Amortization 4,388 0 37,534
Change in fair value of derivative liability 226,549 (83,063) 268,086
Amortization of deferred financing expenses 0 0 51,175
Discount convertible debentures 0 0 73,930
Beneficial conversion feature of convertible debentures 0 0 713,079
Changes in operating assets and liabilities:      
Prepaid expenses (487,415) 9,414 (793,589)
Other current assets 0 0 (8,001)
Deferred expenses 0 0 (2,135)
Accounts payable - trade 47,954 149,734 630,692
Accounts payable - related parties 301,203 272,997 666,884
Accrued expenses (25,390) 21,115 71,488
NET CASH USED IN OPERATING ACTIVITIES (2,717,613) (1,902,472) (22,879,774)
CASH FLOWS FROM INVESTING ACTIVITIES:      
Purchase of property and equipment 0 (23,352) (1,440,717)
Purchase of trademark 0 (23,991) (458,995)
NET CASH USED IN INVESTING ACTIVITIES 0 (47,343) (1,899,712)
CASH FLOWS FROM FINANCING ACTIVITIES:      
Proceeds from issuance of common stock and warrants in connection with private placements of common stock, net of issuance costs 0 0 11,296,748
Proceeds from exercise of stock options 0 0 90,000
Proceeds from exercise of warrants 0 0 3,162,590
Collection of stock subscriptions received 0 0 20
NET CASH PROVIDED BY FINANCING ACTIVITIES 2,322,500 4,824,875 38,659,358
NET CHANGE IN CASH (395,113) 2,875,060 13,879,872
Cash at beginning of period 14,274,985 9,224,023 0
Cash at end of period 13,879,872 12,099,083 13,879,872
SUPPLEMENTAL DISCLOSURE OF CASH FLOWS INFORMATION:      
Interest paid 0 0 0
Income tax paid 0 0 0
NON CASH FINANCING AND INVESTING ACTIVITIES:      
Common stock issued for services rendered 47,000 447,250 11,771,929
Preferred stock issued as compensation 0 1,418,585 2,638,915
Stock options issued to the officers as compensation 0 0 121,424
Stock warrants granted to scientific advisory board 75,000 205,200 929,041
Stock warrants granted to brokers 0 0 3,563
Common stock issued for interest on debentures 0 0 73,930
Shares of common stock issued in connection with debenture offering 0 0 49,000
Common stock issued upon conversion of convertible debentures 0 0 1,000,000
Common stock issued for dividends on Preferred Stock 57,486 126,644 291,994
Debt discount related to beneficial conversion feature of convertible debt 0 0 713,079
Stock Warrants issued in connection with Private Placement 0 0 7,681,578
Common stock issued for accounts payable 0 0 175,020
Common stock issued for equipment 0 0 137,500
Series B Convertible Preferred Stock [Member]
     
CASH FLOWS FROM FINANCING ACTIVITIES:      
Proceeds from issuance of Convertible Preferred stock, net 0 4,824,875 19,462,500
NON CASH FINANCING AND INVESTING ACTIVITIES:      
Common stock issued upon conversion of Preferred Stock 0 10,000,000 20,320,630
Series C Convertible Preferred Stock [Member]
     
CASH FLOWS FROM FINANCING ACTIVITIES:      
Proceeds from issuance of Convertible Preferred stock, net 2,322,500 0 4,647,500
NON CASH FINANCING AND INVESTING ACTIVITIES:      
Common stock issued upon conversion of Preferred Stock $ 5,098,189 $ 0 $ 5,396,661