v2.4.0.8

Condensed Consolidated Statements of Operations (USD $) | 3 Months Ended | 6 Months Ended | 188 Months Ended
--- | --- | --- | ---
Jun. 30, 2014 | Jun. 30, 2013 | Jun. 30, 2014 | Jun. 30, 2013 | Jun. 30, 2014
Revenue |  |  |  |  |
Sales |  |  |  |  | $ 2,994,931
Cost of sales |  |  |  |  | 3,325,639
Gross Margin |  |  |  |  | (330,708)
Operating Expenses |  |  |  |  |
Depreciation |  |  |  |  | 52,694
Market development |  |  |  |  | 900,940
General and administration | 270,535 | 233,930 | 472,810 | 506,671 | 14,879,677
Product development | 144,440 | 123,464 | 256,044 | 248,587 | 4,605,363
Professional | 81,536 | 162,016 | 154,130 | 225,343 | 2,574,523
Total Operating Expenses | 496,511 | 519,410 | 882,984 | 980,601 | 23,013,197
Operating Loss | (496,511) | (519,410) | (882,984) | (980,601) | (23,343,905)
Other Expenses |  |  |  |  |
Interest | 3,631,933 | 306,633 | 3,959,192 | 607,880 | 30,070,628
Loss on write-off of equipment |  |  |  |  | 36,623
Gain on settlement of debt | (88,500) |  | (88,500) |  | 317,220
Other items |  | 298 |  | (17,250) | (156,746)
Total Other Expenses | 3,543,433 | 306,931 | 3,870,692 | 590,630 | 30,267,725
Net Loss | $ (4,039,944) | $ (826,341) | $ (4,753,676) | $ (1,571,231) | $ (53,611,630)
Net loss per share, basic and diluted (in Dollars per share) | $ (0.02) | $ (0.01) | $ (0.02) | $ (0.01) |
Weighted average shares outstanding, - basic and diluted (in Shares) | 240,166,798 | 237,477,909 | 239,820,450 | 237,477,909 |

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