Quarterly report pursuant to Section 13 or 15(d)

1. Organization and Business (Details Narrative)

v2.4.0.8
1. Organization and Business (Details Narrative) (USD $)
3 Months Ended 9 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Sep. 30, 2014
Sep. 30, 2013
Dec. 31, 2013
Dec. 31, 2012
Accounting Policies [Abstract]            
Accumulated deficit $ (20,267,818)   $ (20,267,818)   $ (17,424,055)  
Stockholders equity 14,598,853   14,598,853   11,496,102  
Current assets 5,819,652   5,819,652   2,227,343  
Cash 5,167,606 234,211 5,167,606 234,211 527,110 447,548
Current liabilities 2,242,700   2,242,700   2,718,075  
Short-term debt to related parties 411,642   411,642   516,659  
Disputed trade payables 925,000 [1]   925,000 [1]   925,000 [1]  
Working capital 3,576,952   3,576,952      
Net loss (848,970) (2,796,936) (2,843,763) (4,286,050)    
Net cash used by operating activities     $ (1,624,920) $ (467,579)    
[1] As part of the Merger, the Company assumed certain liabilities from a previous member of A Squared Entertainment, LLC which has claimed certain liabilities totaling $925,000. The Company disputes the basis for this liability and has not heard from the claimant for two years.