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SUPPLEMENTAL CASH FLOW INFORMATION AND NON-CASH INVESTING AND FINANCING ACTIVITIES
9 Months Ended
Sep. 30, 2012
Supplemental Cash Flow Elements [Abstract]  
SUPPLEMENTAL CASH FLOW INFORMATION AND NON-CASH INVESTING AND FINANCING ACTIVITIES

Note 10: Supplemental Cash Flow Information AND NON-CASH INVESTING AND FINANCING ACTIVITIES

             
       

Nine Months Ended

September 30, 2012

 
          Shares/warrants Amount
             
Shares issued pursuant to debt settlement agreements         2,126,447 $326,937
Common shares issued pursuant to consulting service arrangements         14,535,179 $1,998,000

 

 

           
             
       

 

 

Nine Months Ended

September 30, 2011

          Shares/warrants Amount
             
Accounts payable settled by issuing common shares         4,214,766 $ 815,527
Common shares issued pursuant to consulting service arrangements         2,327,059 $500,527
             
             
                           

Pursuant to the 2010 Note settlement and warrant extinguishment agreements entered during the nine months ended September 30, 2011, the Company issued February 2011 Notes in the amount of $240,000 (Note 5).

See Notes 5 and 9 for additional disclosure on non-cash transactions.

 

 

 

Nine Months Ended September 30,
2012 2011
     
Interest paid in cash $  - $  -
Income taxes paid $  - $  -