Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Stockholders' Equity (Deficit)

v3.7.0.1
Consolidated Statements of Stockholders' Equity (Deficit) - USD ($)
Common Stock
Preferred Stock [Member]
Common Stock To Be Issued [Member]
Additional Paid-In Capital
Accumulated Deficit
Other Comprehensive Income / Loss
Total
Beginning Balance, Shares at Dec. 31, 2014 2,124,817 6,000 0        
Beginning Balance, Amount at Dec. 31, 2014 $ 2,125 $ 6 $ 0 $ 36,880,771 $ (23,162,654) $ 0 $ 13,720,248
Common Stock Issued for Cash, Shares 1,443,362            
Common Stock Issued for Cash, Amount $ 1,443     3,826,339     3,827,782
Conversion of Preferred Shares, common stock issued 185,000            
Conversion of Preferred Shares, common stock value $ 185     (185)      
Conversion of Preferred Shares, preferred shares converted   (710)          
Value of beneficial conversion feature upon conversion of preferred shares       3,783,850 (3,783,850)    
Share-based compensation       31,919     31,919
Shares to be issued     $ 24 (24)      
Imputed Interest for Short Term Debt - Related Party       24,757     24,757
Net Loss         (3,483,122)   (3,483,122)
Other comprehensive loss             0
Ending Balance, Shares at Dec. 31, 2015 3,753,179 5,290 0        
Ending Balance, Amount at Dec. 31, 2015 $ 3,753 $ 6 $ 24 44,547,427 (30,429,626) 0 14,121,584
Exercise of warrants, shares issued 33,334            
Exercise of warrants, value $ 33     109,967     110,000
Conversion of Preferred Shares, common stock issued 131,667            
Conversion of Preferred Shares, common stock value $ 132     (131)      
Conversion of Preferred Shares, preferred shares converted   (395)          
Conversion of Preferred Shares, preferred shares converted value   $ (1)          
Conversion of debt, shares issued 79,561            
Conversion of debt, value $ 80     410,455     410,535
Issuance of common stock for services, shares 12,500            
Issuance of common stock for services, value $ 13     38,987     39,000
Share-based compensation       1,581,797     1,581,797
Imputed Interest for Short Term Debt - Related Party       8,503     8,503
Adjustment to reconcile shares outstanding due to Reverse Stock Split, shares 408            
Net Loss         (6,213,135)   (6,213,135)
Other comprehensive loss           (2,758) (2,758)
Ending Balance, Shares at Dec. 31, 2016 4,010,649 4,895 0        
Ending Balance, Amount at Dec. 31, 2016 $ 4,011 $ 5 $ 24 $ 46,697,005 $ (36,642,761) $ (2,758) $ 10,055,526