Annual report pursuant to Section 13 and 15(d)

Summary of Significant Accounting Policies (Details Narrative)

v2.4.0.6
Summary of Significant Accounting Policies (Details Narrative) (USD $)
12 Months Ended 29 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2012
Cash and Cash Equivalents $ 376,421 $ 347,892 $ 376,421
Comprehensive loss relating to foreign currency translation 34,276   34,276
Revenue Recognition 54,968    
Research and development expenses 2,842,583 1,521,039 4,535,813
Impairment of long-lived assets $ 0 $ 0  
Dilutive Warrants And Options [Member]
     
Potentially dilutive options 704,160   704,160
Options [Member]
     
Potentially dilutive options 490,000   490,000