Quarterly report pursuant to sections 13 or 15(d)

Consolidated Statements of Stockholders' Equity (Unaudited)

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Consolidated Statements of Stockholders' Equity (Unaudited) (USD $)
Total
Convertible Preferred Stock
Preferred Stock
Preferred Stock
Convertible Preferred Stock
Common Stock
Additional Paid-in Capital
Additional Paid-in Capital
Convertible Preferred Stock
Accumulated Deficit
Beginning Balance at Dec. 31, 2011 $ 8,311,328       $ 16,453 $ 50,007,362   $ (41,712,487)
Beginning Balance, Shares at Dec. 31, 2011 16,452,738       16,452,738      
Stock-based compensation 44,313         44,313    
Issuance of stock, net of issuance costs 587,900 5,195,225      1,000 586,900 5,195,225  
Accretion of preferred stock beneficial conversion feature 0   5,195,225     (5,195,225)    
Issuance of stock, net of issuance costs, Shares       600,000 1,000,000      
Net loss (7,239,978)             (7,239,978)
Ending Balance at Sep. 30, 2012 $ 6,898,788   $ 5,195,225   $ 17,453 $ 50,638,575   $ (48,952,465)
Ending Balance, Shares at Sep. 30, 2012 17,452,738   600,000   17,452,738