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CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
3 Months Ended9 Months Ended148 Months Ended
Sep. 30, 2011
Sep. 30, 2010
Sep. 30, 2011
Sep. 30, 2010
Sep. 30, 2011
Expenses     
Consulting fees$ 43,750$ 28,000$ 119,250$ 66,699$ 1,978,687
Depreciation    213,227
General and administrative23,87532,82766,012142,8702,677,534
Interest and finance charges (Note 4)103,740458,565558,577794,4185,712,158
Management fees (Note 8)62,10054,300186,300198,4002,709,954
Professional fees36,173170,657317,130584,5644,373,917
Research and development (Note 8)297,99693,517406,944243,3806,114,384
Costs and Expenses, Total904,9311,233,8582,706,7264,146,44934,371,892
Stock-based compensation  1,052,5132,116,11810,608,281
Net Loss Before Other Items(904,931)(1,233,858)(2,706,726)(4,146,449)(34,371,892)
Other Items     
Foreign exchange (loss) gain14,654(2,022)(293)(3,572)43,060
Changes in fair value of derivative liabilities (Note 4)46,000191,867(277,118)1,724,2171,409,118
Loss on debt financing   (1,615,425)(1,644,750)
Gain (loss) on settlement of debt (Note 9) 30,000(482,474)53,589(12,431,857)
Gain on extinguishment of derivative liabilities - warrants (Note 5)  1,088,575 1,088,575
Interest income    33,344
Loss on disposal of assets    (5,399)
Net Loss for the Period(844,277)(1,014,013)(2,378,036)(3,987,640)(45,879,801)
Basic and Diluted Net Loss per Share$ (0.02)$ (0.03)$ (0.05)$ (0.10) 
Weighted Average Number of Common Shares Outstanding47,213,71040,042,20244,845,19539,650,563 
Consulting fees
     
Expenses     
Stock-based compensation307,73470,015692,2531,142,1415,684,806
Management fees
     
Expenses     
Stock-based compensation29,563325,977360,260973,9774,295,225
Research and development
     
Expenses     
Stock-based compensation    $ 612,000