Quarterly report pursuant to Section 13 or 15(d)

Statements of Operations (Unaudited)

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Statements of Operations (Unaudited) (USD $)
3 Months Ended 9 Months Ended 69 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Jun. 30, 2013
Jun. 30, 2012
Jun. 30, 2013
Statements Of Operations          
General and administrative $ 138,545 $ 30,644 $ 242,557 $ 98,969 $ 1,375,925
Professional fees 319,063 133,160 440,243 358,657 2,781,660
Research and development 416,274 353,032 1,428,576 1,040,352 3,854,791
Salaries and wages 461,693 117,889 707,093 541,402 1,937,967
Total Operating Expenses 1,335,575 634,725 2,818,469 2,039,380 9,950,343
OPERATING LOSS (1,335,575) (634,725) (2,818,469) (2,039,380) (9,950,343)
Interest expense (2,988) (906) (3,547) (906) (55,087)
Gain/(Loss) on derivative liabilities    174,867 (1,117,642) 496,899 (1,801,871)
Gain on sale of assets             70,500
Gain on settlement of debt          21,005 153,557
Other income and expense 132 11 90,617 49 154,142
Total Other Income (Expense) (2,856) 173,972 (1,030,572) 517,047 (1,478,759)
LOSS FROM CONTINUING OPERATIONS BEFORE INCOME TAXES (1,338,431) (460,753) (3,849,041) (1,522,333) (11,429,102)
PROVISION FOR INCOME TAXES               
INCOME (LOSS) BEFORE DISCONTINUED OPERATIONS (1,338,431) (460,753) (3,849,041) (1,522,333) (11,429,102)
Income from discontinued operations (including gain on disposal of $606,000)             678,413
Income tax benefit               
GAIN ON DISCONTINUED OPERATIONS             678,413
NET INCOME (LOSS) $ (1,338,431) $ (460,753) $ (3,849,041) $ (1,522,333) $ (10,750,689)
Continuing operations $ (0.07) $ (0.03) $ (0.23) $ (0.11)  
Discontinued operations $ 0.00 $ 0.00 $ 0.00 $ 0.00  
[EarningsPerShareBasicAndDiluted] $ (0.07) $ (0.03) $ (0.23) $ (0.11)  
WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING          
Basic and Diluted 18,707,759 14,011,897 16,843,170 13,744,900