Annual report pursuant to Section 13 and 15(d)

CONSOLIDATED STATEMENTS OF OPERATIONS [Parenthetical]

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CONSOLIDATED STATEMENTS OF OPERATIONS [Parenthetical] (USD $)
12 Months Ended 77 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2011
Stock-based compensation costs $ 204,898 $ 160,712 $ 2,457,421
Research and development stock based costs 982 67,222 465,034
Research and development stock based costs,related party 25,000 17,708 42,708
Research and development, representing the proceeds of a government grant $ 244,479 $ 244,479 $ 244,479