Quarterly report pursuant to Section 13 or 15(d)

Employment Arrangements and Other Agreements - Agreement with Corey M Horowitz (Details Narrative)

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Employment Arrangements and Other Agreements - Agreement with Corey M Horowitz (Details Narrative) (Employment agreement with Corey M Horowitz, Chairman and CEO, USD $)
0 Months Ended 6 Months Ended 12 Months Ended
Mar. 16, 2011
Jun. 08, 2009
N
Jun. 30, 2012
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2009
Employment agreement with Corey M Horowitz, Chairman and CEO
           
Collaborative Arrangements and Non-collaborative Arrangement Transactions [Line Items]            
Terms of agreement   Continues to serve as Chairman and Chief Executive Officer for a three year term (expiring June 2012) at an annual base salary of $375,000 (retroactive to April 1, 2009) for the first year, increasing by 5% on each of April 1, 2010 and April 1, 2011        
Agreed minimum annual cash bonus   $ 150,000        
Annual bonus payments       150,000 350,000 150,000
Number of stock options granted (in shares)   750,000        
Expiration date of option granted   Jun. 07, 2019        
Option granted, Exercise price (in dollars per share)   $ 0.83        
Option Vesting   Option vested in equal quarterly amounts of 62,500 shares beginning September 30, 2009 through March 31, 2012        
Extension of expiration date for 417,500 shares (in years)   5        
Consideration payment for reduction of Additional and Royalty Bonus Compensation from 12.5% to 10% (in dollars) 250,000          
Royalty bonus compensation - remote power patent (in percent)   5.00%        
Royalty bonus compensation - other patents (in percent) 10.00% 12.50%        
Royalty bonus compensation     $ 320,000      
Additional terms of agreement

On March 16, 2011 the Company and Mr. Horowitz entered into an amendment to the Agreement which provided that in consideration of a payment of $250,000, Mr. Horowitz agreed to reduce Additional Bonus Compensation and Royalty Bonus Compensation (as such terms are defined in Section 5(b)(ii) of the Agreement) payable to him from patents other than the Remote Power Patent from 12.5% to 10% as referenced below.

Mr. Horowitz shall also be entitled to additional bonus compensation equal to (i) 5% of the gross proceeds from the sale of the Company’s Remote Power Patent and 10% (pursuant to the March 16, 2011 amendment) of the gross proceeds from the sale of the Additional Patents, and (ii) 5% of the gross proceeds from the merger of the Company with or into another entity under certain limited circumstances.

       
Employment termination, Terms   If Mr. Horowitz’s employment is terminated by the Company “Other Than For Cause” (as defined) or by Mr. Horowitz for “Good Reason” (as defined), Mr. Horowitz shall also be entitled to (i) a lump sum severance payment of 12 months base salary, (ii) the minimum annual bonus of $150,000 and (iii) accelerated vesting of all unvested options and warrants        
Non-competition agreement, terms  

Mr. Horowitz has agreed not to compete with the Company as follows: (i) during the term of the Agreement and for a period of 12 months thereafter if his employment is terminated “Other Than For Cause” (as defined) provided he is paid his 12 month base salary severance amount and (ii) for a period of two years from the termination date, if terminated “For Cause” by the Company or “Without Good Reason” by Mr. Horowitz.