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Consolidated Statements of Operations (USD $)
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3 Months Ended | 9 Months Ended | ||
|---|---|---|---|---|
|
Sep. 30, 2012
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Sep. 30, 2011
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Sep. 30, 2012
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Sep. 30, 2011
|
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| Income Statement [Abstract] | ||||
| NET SALES | $ 342,370 | $ 740,907 | ||
| COST OF SALES | 189,027 | 566,925 | ||
| GROSS MARGIN | 153,343 | 173,982 | ||
| SELLING, GENERAL AND ADMINISTRATIVE EXPENSES | ||||
| Salaries and consulting | 777,236 | 383,333 | 824,836 | 755,333 |
| Professional fees | 56,105 | 49,153 | 143,751 | 146,098 |
| Selling, general and administrative | 5,216,727 | 519 | 5,939,018 | 904 |
| Total Selling, General and Administrative Expenses | 6,050,068 | 433,005 | 6,907,605 | 902,335 |
| LOSS FROM OPERATIONS | (5,896,725) | (433,005) | (6,733,623) | (902,335) |
| OTHER INCOME (EXPENSES) | ||||
| Interest expense | (25,092) | (42,368) | (75,459) | (115,317) |
| Total Other Income (Expenses) | (25,092) | (42,368) | (75,459) | (115,317) |
| LOSS BEFORE INCOME TAXES | (5,921,817) | (475,373) | (6,809,082) | (1,017,652) |
| INCOME TAX EXPENSE | ||||
| NET LOSS | $ (5,921,817) | $ (475,373) | $ (6,809,082) | $ (1,017,652) |
| BASIC AND DILUTED: | ||||
| Net loss per common share | $ (0.53) | $ (0.84) | $ (0.68) | $ (1.86) |
| Weighted average shares outstanding | 11,079,388 | 565,590 | 9,983,335 | 547,971 |