Quarterly report pursuant to Section 13 or 15(d)

Common Stock (Tables)

v2.4.0.6
Common Stock (Tables)
6 Months Ended
Jun. 30, 2012
Summary Of Issuances

Date of Issuance

Number of Shares Issued

Market Value Per Share

Total Market Value of Share Issuance

February 12, 2010

300,000

$        1.22

$       366,000

May 24, 2010

200,000

1.40

280,000

June 15, 2010

200,000

1.15

230,000

August 2, 2010

400,000

1.37

548,000

September 21, 2010

200,000

1.20

240,000

October 21, 2010

200,000

1.16

232,000

November 11, 2010

200,000

1.06

212,000

 

 

 

 

Total

1,700,000

 

$   2,108,000

December 18, 2007 Financing [Member]
 
Summary Of Allocation Of Proceeds From Offering

Gross Proceeds:

 

$   6,800,023

 

 

 

Allocated to liabilities:

 

 

     Warrant liabilities

 

       1,392,476

     Put feature on common stock

 

         4,401,169

Total allocated to liabilities

 

5,793,645

 

 

 

Allocated to equity:

 

 

    Common stock and additional paid-in capital

 

1,144,704

 

 

 

Allocated to expense:

 

 

     Financing expense

 

(138,326)

 

 

 

Total allocated gross proceeds:

 

        $   6,800,023

March 20, 2008 Financing [Member]
 
Summary Of Allocation Of Proceeds From Offering

Gross Proceeds:

$   900,001

 

 

Allocated to liabilities:

 

     Warrant liabilities

       190,917

     Put feature on common stock

553,569

Total allocated to liabilities

744,486

 

 

Allocated to common stock and additional paid-in capital

155,515

 

 

Total allocated gross proceeds:

        $   900,001

June 5, 2009 Financing [Member]
 
Summary Of Allocation Of Proceeds From Offering

Gross Proceeds:

 

$   3,000,000

 

 

 

Allocated to liabilities:

 

 

    Warrant liabilities

 

       3,451,194

 

 

 

Allocated to equity:

 

 

    Common stock and additional paid-in capital

 

-

 

 

 

Allocated to expense:

 

 

    Financing expense

 

(122,257)

    Derivative loss at inception

 

(328,937)

Total allocated to expense

 

(451,194)

 

 

 

Total allocated gross proceeds:

 

         $  3,000,000

October 23, 2009 Financing [Member]
 
Summary Of Allocation Of Proceeds From Offering

Gross Proceeds:

 

$   5,000,000

 

 

 

Allocated to liabilities:

 

 

     Warrant liabilities

 

       1,114,627

 

 

 

Allocated to equity:

 

 

    Common stock and additional paid-in capital

 

3,987,066

 

 

 

Allocated to expense:

 

 

    Financing expense

 

(101,693)

 

 

 

Total allocated gross proceeds:

 

         $ 5,000,000

June 30, 2010 Financing [Member]
 
Summary Of Allocation Of Proceeds From Offering

Gross Proceeds:

 

$        10,000,000

 

 

 

Allocated to liabilities:

 

 

     Warrant liabilities

 

       1,980,880

 

 

 

Allocated to equity:

 

 

    Common stock and additional paid-in capital

 

8,199,200

 

 

 

Allocated to expense:

 

 

    Financing expense

 

(180,080)

 

 

 

Total allocated gross proceeds:

 

$        10,000,000

March 31, 2011 Financing [Member]
 
Summary Of Allocation Of Proceeds From Offering

Gross Proceeds:

 

$   10,000,000

 

 

 

Allocated to liabilities:

 

 

     Warrant liabilities

 

       2,924,333

 

 

 

Allocated to equity:

 

 

    Common stock and additional paid-in capital

 

7,173,334

 

 

 

Allocated to expense:

 

 

    Financing expense

 

(97,667)

 

 

 

Total allocated gross proceeds:

 

$   10,000,000