Quarterly report pursuant to sections 13 or 15(d)

Note 2 - Basis of Presentation and Summary of Significant Accounting Policies (Tables)

v2.4.0.6
Note 2 - Basis of Presentation and Summary of Significant Accounting Policies (Tables)
3 Months Ended
Mar. 31, 2013
Schedule of Carrying Values and Estimated Fair Values of Debt Instruments [Table Text Block]
   
Carrying Value
   
Estimated
Fair Value
 
Related party BSC convertible notes payable
  $ 4,338,601     $ 3,723,635  
Note payable (see Note 4)
    3,750,659       3,750,659  
Junior secured notes payable
    202,886       1,968,078  
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block]
   
Quoted Prices in
Active Markets
(Level 1)
   
Significant
Observable
Inputs (Level 2)
   
Significant Unobservable
Inputs (Level 3)
   
Total Fair
Value
 
                         
Derivative liability - warrants
  $ -     $ 3,771,310     $ -     $ 3,771,310  
Derivative liability - conversion option
    -       -       -       -  
Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share [Table Text Block]
   
As of March 31,
 
   
2013
   
2012
 
Stock options
    6,442,127       3,503,811  
Warrants
    13,313,678       4,776,982  
Shares under convertible note agreements
    542,325       3,662,037  
      20,298,130       11,942,830