Typical post, taking something out of context. try the rest of the story.....
You are of course counting the Additional paid-in capital – Common stock of 123,665,191.
STOCKHOLDERS' DEFICIT
Common stock, $0.00001 par value, 500,000,000 shares authorized; 312,224,483 and 263,040,586 shares issued and outstanding as of September 30, 2010 and December 31, 2009, respectively
3,123 2,631
Additional paid-in capital – Common stock
123,665,191 120,114,115
Preferred stock, 10,000,000 shares authorized;
0 shares and 100,000 shares issued and outstanding as of September 30, 2010 and December 31, 2009, respectively
Series E Preferred stock, $0.001 par value, 100,000 shares authorized;
0 shares and 100,000 shares issued and outstanding as of September 30, 2010 and December 31, 2009, respectively:
— 100
Additional paid-in capital - Series E Preferred stock
— 625,894
Accumulated deficit
(142,447,721 ) (134,717,089 )
TOTAL STOCKHOLDERS' DEFICIT
(18,779,407 ) (13,974,349 )
TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT
Sept 30 2010: $ 1,642,417 Dec 31 2009: $ 3,742,632
