¹û¶³APP´«Ã½

Quarterly report pursuant to sections 13 or 15(d)

Condensed Consolidated Balance Sheets (Parenthetical)

v2.4.0.6
Condensed Consolidated Balance Sheets (Parenthetical) (USD $)
Mar. 31, 2012
Dec. 31, 2011
Assets    
Accounts receivable, allowance for doubtful accounts $ 61,500 $ 47,595
Liabilities    
Convertible notes payable, related parties - current 300,000 0
Loans payable (includes $50,000 to related parties) 0 50,000
Convertible notes payable, related parties - non current 50,000 0
Temporary equity:    
Preferred stock, par value Series A $ 0 $ 0.001
Preferred stock, designated shares Series A 0 850,500
Preferred stock, issued shares Series A 0 850,395
Preferred stock, outstanding shares Series A 0 850,395
Preferred stock, par value Series D $ 0 $ 0.001
Preferred stock, designated shares Series D 0 3,700,000
Preferred stock, issued shares Series D 0 1,176,750
Preferred stock, outstanding shares Series D 0 1,176,750
liquidation value, Series D 0 1,176,750
Preferred stock, par value Series E $ 0 $ 0.001
Preferred stock, designated shares Series E 0 2,000,000
Preferred stock, issued shares Series E 0 1,700,000
Preferred stock, outstanding shares Series E 0 1,700,000
liquidation value, Series E 0 1,700,000
Stockholders' Equity:    
Preferred stock, par value $ 0.001 $ 0.001
Preferred stock, authorized shares 10,000,000 10,000,000
Preferred stock, par value Series C $ 0 $ 0.001
Preferred stock, designated shares Series C 0 11,411,400
Preferred stock, issued shares Series C 0 11,307,450
Preferred stock, outstanding shares Series C 0 11,307,450
liquidation value, Series C $ 0 $ 11,307
Preferred stock, par value Series B $ 0 $ 0.001
Preferred stock, designated shares Series B 0 368,421
Preferred stock, issued shares Series B 0 368,411
Preferred stock, outstanding shares Series B 0 368,411
Commont Stock, par value $ 0.001 $ 0.001
Common stock, authorized shares 120,000,000 120,000,000
Common stock, issued shares 35,275,204 11,837,930
Common stock, outstanding shares 35,275,204 11,837,930