Quarterly report pursuant to Section 13 or 15(d)

Shareholders Equity (Unaudited)

v2.3.0.15
Shareholders Equity (Unaudited) (USD $)
Preferred Stock
Common Stock
Additional Paid-In Capital
Accumulated Deficit
Total
Beginning balance, Amount at Dec. 31, 2009 $ 1,000 $ 67,000 $ 71,308,000 $ (77,100,000)  
Beginning balance, Shares at Dec. 31, 2009 121,230 67,040,809      
Issuance of stock options     149,000    
Issuance of Preferred stock Series I, Shares 1,666,667        
Issuance of Preferred stock Series I, Amount 2,000   248,000    
Issuance of common stock for services, Shares   3,984,723      
Issuance of common stock for services, Amount   4,000 674,000    
Conversion of debt, Shares   75,047,995      
Conversion of debt, Amount   75,000 2,075,000    
Exercise of warrants, Shares   3,398,449      
Exercise of warrants, Amount   3,000 23,000    
Exercise of stock options, Shares   100,000 20,000    
Deemed dividend     (23,000)    
Net loss       (2,995,000)  
Ending balance, Amount at Dec. 31, 2010 3,000 149,000 74,474,000 (80,095,000) (5,469,000)
Ending balance, Shares at Dec. 31, 2010 1,787,897 149,571,976      
Issuance of stock options     126,000    
Issuance of common stock for services, Shares   10,271,366      
Issuance of common stock for services, Amount   11,000 1,587,000    
Conversion of debt, Shares   61,831,683      
Conversion of debt, Amount   62,000 1,082,000    
Exercise of warrants, Shares   14,169,813      
Exercise of warrants, Amount   14,000      
Issuance of common stock for joint venture, shares   2,777,778      
Issuance of common stock for joint ventures, amount   3,000 240,000    
Net loss       (2,562,000) (2,562,000)
Ending balance, Amount at Sep. 30, 2011 $ 3,000 $ 239,000 $ 77,509,000 $ (82,657,000) $ (4,906,000)
Ending balance, Shares at Sep. 30, 2011 1,787,897 238,622,616