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Statements of Cash Flows (USD $)
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3 Months Ended | 6 Months Ended | 53 Months Ended | ||
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Jun. 30, 2011
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Jun. 30, 2010
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Jun. 30, 2011
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Jun. 30, 2010
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Jun. 30, 2011
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| Cash flows from operating activities: | |||||
| Net loss during the development stage | $ (2,410,791) | $ (1,126,333) | $ (4,273,748) | $ (2,019,985) | $ (12,666,806) |
| Adjustments to reconcile net loss from operations to cash used by operations: | |||||
| Depreciation | 16,180 | 9,885 | 27,922 | 18,846 | 199,263 |
| Loss on sale of assets | (680) | (8,543) | (5,446) | ||
| Stock based compensation | 866,581 | 362,971 | 1,199,361 | 362,971 | 2,654,080 |
| Advertising | 50,000 | ||||
| Legal fees | 87,000 | ||||
| Effects of changes in operating assets and liabilities: | |||||
| Accounts receivable | 5,594 | 29,023 | (29,019) | ||
| Inventory | (82,000) | (82,000) | (82,000) | ||
| Prepaid expenses and deposits | (5,325) | (1,355) | (5,750) | 3,833 | (15,605) |
| Accounts payable | (297,536) | 57,450 | 44,764 | 356,786 | 511,065 |
| Accounts payable, related parties | (44,649) | 172,102 | (19,842) | 211,227 | 171,893 |
| Customer deposits | (25,000) | (17,607) | (52,393) | (17,607) | 25,000 |
| Net cash used by operations | (1,976,946) | (542,207) | (3,132,663) | (1,075,386) | (9,089,683) |
| Cash flows from investing activities: | |||||
| Capital expenditures | (86,348) | (28,969) | (86,348) | (28,969) | (277,495) |
| Proceeds on sale of assets | 3,900 | 15,900 | 32,900 | ||
| Net cash provided (used) by investing activities | (86,348) | (25,069) | (86,348) | (13,069) | (244,595) |
| Cash flows from financing activities: | |||||
| Cash overdraft | (2,523) | ||||
| Proceeds from notes payable | 100,000 | 160,000 | |||
| Payments on notes payable | (150,000) | ||||
| Payments on long-term debt | (1,532) | (3,052) | (5,047) | ||
| Shareholder advances | 43,000 | ||||
| Issuance of common and preferred stock | 3,529,651 | 534,960 | 4,510,017 | 1,017,339 | 10,959,572 |
| Net cash provided by financing activities | 3,528,119 | 534,960 | 4,506,965 | 1,114,816 | 11,007,525 |
| Change in cash and cash equivalents | 1,464,825 | (32,316) | 1,287,954 | 26,361 | 1,673,247 |
| Cash and cash equivalents Beginning Balance | 208,422 | 58,677 | 385,293 | ||
| Cash and cash equivalents Ending Balance | $ 1,673,247 | $ 26,361 | $ 1,673,247 | $ 26,361 | $ 1,673,247 |
| X | ||||||||||
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- Definition
The aggregate amount of noncash, advertising expenses.
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| X | ||||||||||
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- Definition
The aggregate amount of noncash, legal fees.
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| X | ||||||||||
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- Definition
The cash inflow from loans made to one ore more shareholder which need to be repaid to the company by the shareholders
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| X | ||||||||||
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- Details
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| X | ||||||||||
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- Definition
Includes currency on hand as well as demand deposits with banks or financial institutions. It also includes other kinds of accounts that have the general characteristics of demand deposits in that the Entity may deposit additional funds at any time and also effectively may withdraw funds at any time without prior notice or penalty. Cash equivalents, excluding items classified as marketable securities, include short-term, highly liquid investments that are both readily convertible to known amounts of cash, and so near their maturity that they present minimal risk of changes in value because of changes in interest rates. Generally, only investments with original maturities of three months or less qualify under that definition. Original maturity means original maturity to the entity holding the investment. For example, both a three-month US Treasury bill and a three-year Treasury note purchased three months from maturity qualify as cash equivalents. However, a Treasury note purchased three years ago does not become a cash equivalent when its remaining maturity is three months. Compensating balance arrangements that do not legally restrict the withdrawal or usage of cash amounts may be reported as Cash and Cash Equivalents, while legally restricted deposits held as compensating balances against borrowing arrangements, contracts entered into with others, or company statements of intention with regard to particular deposits are not generally reported as cash and cash equivalents. Includes cash and cash equivalents associated with the entity's continuing operations. Excludes cash and cash equivalents associated with the disposal group (and discontinued operation). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The increase (decrease) during the reporting period in cash and cash equivalents. While for technical reasons this element has no balance attribute, the default assumption is a debit balance consistent with its label. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The aggregate expense recognized in the current period that allocates the cost of tangible assets, intangible assets, or depleting assets to periods that benefit from use of the assets. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The gains (losses) included in earnings resulting from the sale or disposal of tangible assets. This item does not include any gain (loss) recognized on the sale of oil and gas property or timber property. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The increase (decrease) during the reporting period in the aggregate amount of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The increase (decrease) during the reporting period in the obligations due for goods and services provided by the following types of related parties: a parent company and its subsidiaries, subsidiaries of a common parent, an entity and trust for the benefit of employees, such as pension and profit-sharing trusts that are managed by or under the trusteeship of the entities' management, an entity and its principal owners, management, or member of their immediate families, affiliates, or other parties with the ability to exert significant influence. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The increase (decrease) during the reporting period in amount due within one year (or one business cycle) from customers for the credit sale of goods and services. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The increase (decrease) during the period in the amount of customer money held in customer accounts, including security deposits, collateral for a current or future transactions, initial payment of the cost of acquisition or for the right to enter into a contract or agreement. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The increase (decrease) during the reporting period in the aggregate value of all inventory held by the reporting entity, associated with underlying transactions that are classified as operating activities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Details
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| X | ||||||||||
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- Definition
The increase (decrease) during the reporting period in the value of prepaid expenses and other assets not separately disclosed in the statement of cash flows, for example, deferred expenses, intangible assets,or income taxes. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The net cash inflow or outflow from financing activity for the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Details
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| X | ||||||||||
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- Definition
The net cash inflow or outflow from investing activity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Details
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| X | ||||||||||
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- Definition
The net cash from (used in) all of the entity's operating activities, including those of discontinued operations, of the reporting entity. Operating activities generally involve producing and delivering goods and providing services. Operating activity cash flows include transactions, adjustments, and changes in value that are not defined as investing or financing activities. While for technical reasons this element has no balance attribute, the default assumption is a debit balance consistent with its label. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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| X | ||||||||||
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- Definition
The cash outflow associated with the acquisition of long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale; includes cash outflows to pay for construction of self-constructed assets. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The cash inflow from the issuance of common stock, preferred stock, treasury stock, stock options, and other types of equity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The cash inflow from a borrowing supported by a written promise to pay an obligation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The net cash inflow or outflow from the excess drawing from an existing cash balance, which will be honored by the bank but reflected as a loan to the drawer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The cash inflow from the sale of long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The consolidated profit or loss for the period, net of income taxes, including the portion attributable to the noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The cash outflow for debt initially having maturity due after one year or beyond the normal operating cycle, if longer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The cash outflow for a borrowing supported by a written promise to pay an obligation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The aggregate amount of noncash, equity-based employee remuneration. This may include the value of stock or unit options, amortization of restricted stock or units, and adjustment for officers' compensation. As noncash, this element is an add back when calculating net cash generated by operating activities using the indirect method. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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