• Filing Date: 2014-04-14
  • Form Type: 10-K
  • Description: Annual report
v2.4.0.8
11. INCOME TAXES (Details 1) (USD $)
12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Income Taxes Details 1    
Expected federal income tax benefit $ 1,410,350 $ 627,410
Valuation allowance (734,830) (1,928,362)
Debt Settlement Expense    8,940
Impairment Loss    (9,195)
Derivative Expense 124,269 1,581,360
Amortization of beneficial Conversion Discount (290,411) (99,632)
Other 198,464 (167,871)
Stock-based compensation (707,842)  
Expiration of Net Operating Loss Carryover    (12,650)
Income tax expense (benefit)