v2.4.0.6

Condensed Consolidated Statements Of Operations (Unaudited) (USD $)	3 Months Ended		6 Months Ended
	Jun. 30, 2012	Jun. 30, 2011	Jun. 30, 2012	Jun. 30, 2011
Expenses
Research and development	$ 114,857	$ 214,470	$ 405,521	$ 496,254
General and administrative	237,751	259,415	497,808	553,760
Depreciation and amortization	615	671	1,231	1,297
Total operating expenses	353,223	474,556	904,560	1,051,311
Loss from operations	(353,223)	(474,556)	(904,560)	(1,051,311)
Other (expense) income
Interest income	20	60	52	156
Other expense	(4,675)	0	(4,675)	0
Interest expense	(25,000)	(25,937)	(50,000)	(52,406)
Other expense	(29,655)	(25,877)	(54,623)	(52,250)
Net loss	$ (382,878)	$ (500,433)	$ (959,183)	$ (1,103,561)
Net loss per share
- basic and diluted	$ (0.01)	$ (0.01)	$ (0.02)	$ (0.02)
Weighted average shares outstanding
- basic and diluted	59,689,821	59,095,703	59,639,788	59,045,622

The current period expense charged against earnings on long-lived, physical assets not used in production, and which are not intended for resale, to allocate or recognize the cost of such assets over their useful lives; or to record the reduction in book value of an intangible asset over the benefit period of such asset; or to reflect consumption during the period of an asset that is not used in production.

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