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CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) (USD $)
9 Months Ended 158 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Sep. 30, 2012
CASH FLOWS FROM OPERATING ACTIVITIES      
Net loss $ (4,118,684) $ (2,378,036) $ (47,840,900)
Adjustments to reconcile net loss to net cash from operating activities:      
Depreciation       213,228
Non-cash loss on debt financing 85,550    1,354,263
Changes in fair value of derivative liabilities (544,576) 277,118 (4,619,716)
Loss (gain) on settlement of debt (28,688) 482,474 11,602,894
Gain on extinguishment of derivative liabilities - warrants    (1,088,575) (290,500)
Loss on disposal of assets       5,399
Non-cash interest and financing charges    558,577 5,468,499
Stock based compensation 2,430,521 1,052,513 13,105,913
Changes in operating assets and liabilities:      
Due from government agency       (1,077)
Prepaid expenses and deposits 34,123    (46,504)
Deferred financing costs (1,118) 54,974 (8,160)
Accounts payable and accrued liabilities 919,884 85,019 4,501,360
Research agreement obligations 106,218 79,207 584,101
NET CASH USED IN OPERATING ACTIVITIES (1,116,770) (876,729) (15,971,200)
CASH FLOWS FROM FINANCING ACTIVITIES      
Issuance of shares, net 455,000 194,750 10,760,575
Convertible notes, net 206,000 724,535 1,727,906
Proceeds from promissory notes 67,942    67,942
Proceeds from loans payable 21,000    446,000
Notes and loans payable       919,845
Advances from (to) related parties 120,321 (31,300) 1,707,912
Stock subscriptions       140,000
NET CASH PROVIDED BY FINANCING ACTIVITIES 870,263 887,985 15,770,180
CASH FLOWS FROM INVESTING ACTIVITIES      
Purchase of furniture and equipment       (218,626)
Cash acquired on reverse acquisition       423,373
NET CASH PROVIDED by INVESTING ACTIVITIES       204,747
INCREASE (DECREASE) IN CASH (246,507) 11,256 3,727
CASH, BEGINNING OF PERIOD 250,234 23,516   
CASH, END OF PERIOD $ 3,727 $ 34,772 $ 3,727