• Filing Date: 2016-03-30
  • Form Type: 10-K
  • Description: Annual report
v3.3.1.900
Consolidated Statement of Stockholders' Equity - USD ($)
Preferred Stock
Common Stock
Additional Paid-In Capital
Stock Subscription
Accumulated Other Comprehensive Income / Loss
Accumulated Deficit
Treasury Stock
Total
Beginning balance, shares at Dec. 31, 2013 0 52,402,247         23,334  
Beginning balance, value at Dec. 31, 2013 $ 0 $ 5,240 $ 21,948,920 $ (175,000) $ 1,268 $ (19,505,767) $ (31,501) $ 2,243,160
Common stock issued for cash, net of offering costs, shares   10,867,669            
Common stock issued for cash, net of offering costs, value   $ 1,086 3,275,224 175,000       3,451,310
Common stock issued for services, shares   784,000            
Common stock issued for services, value   $ 79 366,462         366,541
Common stock based compensation     3,117,807         3,117,807
Beneficial Conversion Feature     59,379         59,379
Exercise of options and warrants, shares   566,536            
Exercise of options and warrants, value   $ 57 149,943         150,000
Common stock issued in exchange for interest, shares   62,791            
Common stock issued in exchange for interest, value   $ 6 26,994         27,000
Common stock issued for prepaid services, shares   135,000            
Common stock issued for prepaid services, value   $ 14 53,041         53,055
Treasury share cancellation, shares             (23,334)  
Treasury share cancellation, value     (31,501)       $ 31,501  
Net Loss         (3,504) (10,506,099)   (10,509,603)
Ending balance, shares at Dec. 31, 2014 0 64,818,243            
Ending balance, value at Dec. 31, 2014 $ 0 $ 6,482 28,966,269 0 (2,236) (30,011,866)   (1,041,351)
Common stock issued for cash, net of offering costs, shares   9,043,334            
Common stock issued for cash, net of offering costs, value   $ 908 2,719,092         2,720,000
Common stock issued for services, shares   835,000            
Common stock issued for services, value   $ 88 209,000         209,088
Common stock based compensation     1,452,248         1,452,248
Common stock issued in exchange for interest, shares   410,180            
Common stock issued in exchange for interest, value   $ 40 120,680         120,720
Common stock subscriptions, shares   3,675,000            
Common stock subscriptions, value   $ 369 889,357         889,726
Preferred stock issued for cash, shares 200,000              
Preferred stock issued for cash, value $ 20   1,999,980         2,000,000
Net Loss         3,308 (10,459,724)   (10,456,416)
Ending balance, shares at Dec. 31, 2015 200,000 78,781,757            
Ending balance, value at Dec. 31, 2015 $ 20 $ 7,887 $ 36,356,626 $ 0 $ 1,072 $ (40,471,590)   $ (4,105,985)