Annual report pursuant to section 13 and 15(d)

Statement of Changes in Stockholders' Equity (Deficit)

v2.4.0.8
Statement of Changes in Stockholders' Equity (Deficit) (USD $)
Common Stock
Additional Paid-In Capital
Accumulated Earnings (Deficit)
Total
Beginning Balance, Amount at Dec. 31, 2011 $ 16,223 $ 1,621,756 $ (1,213,284) $ 424,695
Beginning Balance, Shares at Dec. 31, 2011 16,223,206      
Issuance of common stock, Amount 2,270 1,011,957    1,014,227
Issuance of common stock, Shares 2,270,000      
Issuance of common stock in exchange for consulting services, Amount 253 128,522    128,775
Issuance of common stock in exchange for consulting services, Shares 252,500      
Stock based compensation   480,108    480,108
Net loss     (1,484,115) (1,484,115)
Ending Balance, Amount at Dec. 31, 2012 18,746 3,375,116 (2,697,399) 696,463
Ending Balance, Shares at Dec. 31, 2012 18,745,706      
Issuance of common stock, Amount 18,312 3,551,056    3,569,368
Issuance of common stock, Shares 18,312,341      
Issuance of common stock warrants    1,616,062    1,616,062
Issuance of common stock warrants in exchange for consulting services    282,901    282,901
Cashless exercise of common stock options, Amount 13 (13)      
Cashless exercise of common stock options, Shares 13,104      
Issuance of common stock in exchange for consulting services, Amount 291 226,775    227,066
Issuance of common stock in exchange for consulting services, Shares 291,009      
Stock based compensation    1,554,913    1,554,913
Net loss       (4,601,503) (4,601,503)
Ending Balance, Amount at Dec. 31, 2013 $ 37,362 $ 10,606,810 $ (7,298,902) $ 3,345,270
Ending Balance, Shares at Dec. 31, 2013 37,362,160