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ZERO Balance Sheet

Click line-items for a historical chart and %
Cash 385.36K
Other current assets
Total current assets 420.75K
Property and Equipment, net of accumulated depreciation of $194,897 and $178,246 at June 30, 2011 and December 31, 2010, respectively 18.49K
Other assets 7.18K
Total assets 446.42K
Accounts payable-related parties 143.15K
Accounts payable-license agreements 209.89K
Accounts payable-other
Accrued expenses
Accrued professional fees
Loans payable-related parties and shareholders
Convertible debentures, net-of- discount
Fair value of derivative liabilities
Total current liabilities
Common stock, $.001par value: 200,000,000 shares authorized, 106,397,658 and 91,453,194, shares issued and outstanding at June 30, 2011 and December 31, 2010, respectively 197.8K
Common stock to be issued (200,000 shares at June 30, 2011)
Additional paid-in capital 103.51M
Deficit accumulated during the development stage
Total stockholders’ deficiency -946.49K
Total liabilities and stockholders’ deficiency 446.42K