Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Stockholders' Equity (Deficit)

v3.3.1.900
Consolidated Statements of Stockholders' Equity (Deficit) - USD ($)
Common Stock
Preferred Stock [Member]
Common Stock To Be Issued [Member]
Additional Paid-In Capital
Accumulated Deficit
Total
Beginning Balance, Shares at Dec. 31, 2013 5,918,704 0 0      
Beginning Balance, Amount at Dec. 31, 2013 $ 5,919 $ 0 $ 0 $ 31,614,238 $ (20,124,055) $ 11,496,102
Common Stock Issued for Cash, Shares 102,860          
Common Stock Issued for Cash, Amount $ 103     355,013   355,116
Common Stock Issued for Purchase Price Adjustment pursuant to Securities Purchase Agreement, stock 305,562          
Common Stock Issued for Purchase Price Adjustment pursuant to Securities Purchase Agreement, value $ 306     (306)    
Common Stock Issued in exchange for repayment of Accounts Payable, Shares 8,143          
Common Stock Issued in exchange for repayment of Accounts Payable, Amount $ 8     32,564   32,572
Common Stock Issued for Services, Shares 48,000          
Common Stock Issued for Services, Amount $ 48     159,252   159,300
Series A Convertible Preferred Stock Issued for Cash, Net of Offering Costs, shares   6,000        
Series A Convertible Preferred Stock Issued for Cash, Net of Offering Costs, amount   $ 6   5,379,909   5,379,915
Imputed Interest for Member Advances       25,842   25,842
Cancellation of Common Stock, shares (9,000)          
Cancellation of Common Stock, value $ (9)     9    
Adjustment to reconcile shares outstanding due to Reverse Stock Split, shares 181          
Net Loss         (3,728,599) (3,728,599)
Ending Balance, Shares at Dec. 31, 2014 6,374,450 6,000 0      
Ending Balance, Amount at Dec. 31, 2014 $ 6,375 $ 6 $ 0 37,566,521 (23,852,654) 13,720,248
Common Stock Issued for Cash, Shares 4,330,000          
Common Stock Issued for Cash, Amount $ 4,330     3,823,452   3,827,782
Value of beneficial conversion feature upon conversion of preferred shares       400,000 (400,000)  
Conversion of Preferred Shares, shares 555,000 (710)        
Conversion of Preferred Shares $ 555     (555)    
Stock Compensation Expense       31,919   31,919
Shares to be issued     $ 71 (71)    
Imputed Interest for Member Advances       24,757   24,757
Net Loss         (3,483,122) (3,483,122)
Ending Balance, Shares at Dec. 31, 2015 11,259,450 5,290 0      
Ending Balance, Amount at Dec. 31, 2015 $ 11,260 $ 6 $ 71 $ 41,846,023 $ (27,735,776) $ 14,121,584