|
Consolidated Statements of Operations (USD $)
|
3 Months Ended | 6 Months Ended | ||
|---|---|---|---|---|
|
Jun. 30, 2011
|
Jun. 30, 2010
|
Jun. 30, 2011
|
Jun. 30, 2010
|
|
| Income Statement [Abstract] | Â | Â | Â | Â |
| NET SALES | ||||
| COST OF SALES | ||||
| GROSS MARGIN | ||||
| SELLING, GENERAL AND ADMINISTRATIVE EXPENSES | Â | Â | Â | Â |
| Salaries and consulting | 372,000 | 5,175,645 | 372,000 | 5,175,645 |
| Professional fees | 49,149 | 5,278 | 96,945 | 8,953 |
| Selling, general and administrative | 173 | 29,472 | 385 | 29,889 |
| Total Selling, General and Administrative Expenses | 421,322 | 5,210,395 | 469,330 | 5,214,487 |
| LOSS FROM OPERATIONS | (421,322) | (5,210,395) | (469,330) | (5,214,487) |
| OTHER INCOME (EXPENSES) | Â | Â | Â | Â |
| Interest expense | (38,632) | (29,292) | (72,949) | (58,310) |
| Other income | ||||
| Total Other Income (Expenses) | (38,632) | (29,292) | (72,949) | (58,310) |
| LOSS BEFORE INCOME TAXES | (459,954) | (5,239,687) | (542,279) | (5,272,797) |
| INCOME TAX EXPENSE | ||||
| NET LOSS | $ 459,954 | $ 5,239,687 | $ 542,279 | $ 5,272,797 |
| BASIC AND DILUTED: | Â | Â | Â | Â |
| Net loss per common share | $ 0.89 | $ (24.95) | $ 1.05 | $ (47.24) |
| Weighted average shares outstanding | 518,301 | 20,970 | 515,241 | 111,615 |