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
Common Stock
Additional Paid-in Capital
Accumulated Deficit
Balance at Dec. 31, 2011 $ 8,311,328 $ 16,453 $ 50,007,362 $ (41,712,487)
Balance, shares at Dec. 31, 2011 16,452,738 16,452,738    
Stock-based compensation 44,086   44,086  
Net loss (7,498,947)     (7,498,947)
Balance at Jun. 30, 2012 $ 856,467 $ 16,453 $ 50,051,448 $ (49,211,434)
Balance, shares at Jun. 30, 2012 16,452,738 16,452,738