• Filing Date: 2014-04-14
  • Form Type: 10-K
  • Description: Annual report
v2.4.0.8
CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY (DEFICIT) (USD $)
Preferred Stock C
Preferred Stock D
Common Stock
Additional paid in capital
Treasury Stock
Accumulated Deficit
Total Stockholders' Equity
Beginning Balance, Amount at Dec. 31, 2011     $ 58,754 $ 33,265,232 $ (12,039) $ (37,171,962) $ (3,860,015)
Beginning Balance, Shares at Dec. 31, 2011     58,754,110   (4,089)    
Issuance of Common stock for Debt, Shares     7,420,733        
Issuance of Common stock for Debt, Amount     7,420 1,680,306     1,687,726
Issuance of Common stock for Interest and Extensions, Shares     311,913        
Issuance of Common stock for Interest and Extensions, Amount     312 55,760     56,072
Issuance of Common stock for Services, Shares     500,000        
Issuance of Common stock for Services, Amount     500 72,000     72,500
Issuance of Common stock for Subscription Agreements, Shares     1,500,000        
Issuance of Common stock for Subscription Agreements, Amount     1,500 98,500     100,000
Issuance of Common stock for Warrants Exercised, Shares     160,000        
Issuance of Common stock for Warrant Exercised, Amount     160 38,288     38,448
Issuance of Common stock for Advertising, Shares     300,000        
Issuance of Common stock for Advertising, Amount     300 44,700     45,000
Return of Stock for Advertising Services Not Provided, Shares     (164,286)        
Return of Stock for Advertising Services Not Provided, Amount     (164) (100,050)     (100,214)
Net Loss           (1,845,323) (1,845,323)
Ending Balance, Amount at Dec. 31, 2012     68,782 35,154,736 (12,039) (39,017,285) (3,805,806)
Ending Balance, Shares at Dec. 31, 2012     68,782,470   (4,089)    
Issuance of Common stock for Debt, Shares     11,239,999        
Issuance of Common stock for Debt, Amount     11,240 395,405     406,645
Issuance of Common stock for Interest and Extensions, Shares     288,140        
Issuance of Common stock for Interest and Extensions, Amount     288 16,324     16,612
Issuance of Common stock for Services, Shares     4,084,615        
Issuance of Common stock for Services, Amount     4,085 271,842     275,927
Issuance of Common stock for Subscription Agreements, Shares     1,269,334        
Issuance of Common stock for Subscription Agreements, Amount     1,269 4,491     5,760
Issuance of Preferred stock for Debt, Shares 27,660            
Issuance of Preferred stock for Debt, Amount 276,601     1,659,599     1,936,200
Issuance of Preferred stock for Services, Shares   15,000          
Issuance of Preferred stock for Services, Amount   150,000   775,787     925,787
Issuance of Preferred stock for Subscription Agreements, Shares 10,572            
Issuance of Preferred stock for Subscription Agreements, Amount 105,719     634,311     740,030
Warrants Expense       287,599     287,599
True-up of warrants issued in 2011       489,614     489,614
Warrants issued with debt       51,643     51,643
Warrants reclassed to derivative liabilities       (812,705)     (812,705)
Resolution of derivative liabilities due to warrant exercises       48,630     48,630
Resolution of derivative liabilities due to debt conversion       1,311,702     1,311,702
Reversal of deferred stock compensation due to forfeiture of unvested options       (184,800)     (184,800)
Write-offs of deferred stock compensation       (38,300)     (38,300)
Debt discount due to beneficial conversion features       25,000     25,000
Net Loss           (4,148,088) (4,148,088)
Ending Balance, Amount at Dec. 31, 2013 $ 382,320 $ 150,000 $ 85,664 $ 40,090,878 $ (12,039) $ (43,165,373) $ (2,468,550)
Ending Balance, Shares at Dec. 31, 2013 38,232 15,000 85,664,558   (4,089)