| Derivative liability activity |
| |
|
Warrants |
|
|
Conversion
Feature |
|
|
Total |
|
| Derivative Liability at December 31, 2011 |
|
$ |
– |
|
|
$ |
– |
|
|
$ |
– |
|
| Liability on
June 27, 2012 related to Issuances of Debt and Warrants |
|
|
– |
|
|
|
269,284 |
|
|
|
269,284 |
|
| Change
in Fair Value at the End of the Year |
|
|
53,219 |
|
|
|
(253,541 |
) |
|
|
(200,322 |
) |
| Derivative Liability at December 31, 2012 |
|
|
53,219 |
|
|
|
15,743 |
|
|
|
68,962 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
| Change in Fair Value related to Original Debenture prior to Cancellation
of Warrants and Assignment of Debenture on August 29, 2013 |
|
|
(13,708 |
) |
|
|
(4,113 |
) |
|
|
(17,821 |
) |
| Elimination of Liability Due to Cancellation of Warrants and Reassignment
of Debt on August 29, 2013 |
|
|
(39,511 |
) |
|
|
(11,630 |
) |
|
|
(51,141 |
) |
| Liability on August 29,
2013 related to Assignment of Debt |
|
|
– |
|
|
|
5,077,705 |
|
|
|
5,077,705 |
|
| Decrease in Liability on September 9, 2013 due to $75,000 Note Payable
Conversion |
|
|
– |
|
|
|
(200,495 |
) |
|
|
(200,495 |
) |
| Change in Fair Value Conversion
date |
|
|
– |
|
|
|
(2,009,608 |
) |
|
|
(2,009,608 |
) |
| Elimination of Liability on November 11, 2013 due to Full Conversion
of Remaining Balance of $1,088,333 |
|
|
– |
|
|
|
(2,867,602 |
) |
|
|
(2,867,602 |
) |
| Derivative Liability
at December 31, 2013 |
|
$ |
– |
|
|
$ |
– |
|
|
$ |
– |
|
|