XML 77 R5.htm IDEA: XBRL DOCUMENT v3.2.0.727
Consolidated Statements of Changes in Shareholders' Deficit - USD ($)
5% preferred stock [Member]
Common Stock
Capital in excess of par value
Accumulated Deficit
Total
Balance at Dec. 31, 2012 $ 60,675 $ 152,373 $ 45,367,796 $ (49,609,914) $ (4,029,070)
Balance, shares at Dec. 31, 2012 2,427 15,237,304      
Net loss       (2,672,154) (2,672,154)
Stock option compensation expense     116,365   116,365
Common shares issued for legal services   $ 13,000 250,000   $ 263,000
Common shares issued for legal services, shares   1,300,000      
Common stock issued in accordance with escrow agreement   $ 10,000 (10,000)    
Common stock issued in accordance with escrow agreement, shares   1,000,000     1,000,000
Common stock issued in accordance with liability purchase agreement   $ 16,182 (16,182)    
Common stock issued in accordance with liability purchase agreement, shares   1,618,235     450,000
Common stock issued as part of equity purchase agreement and/or liability purchase agreement   $ 7,100 215,400    
Common stock issued as part of equity purchase agreement and/or liability purchase agreement, shares   710,000      
Common shares and warrants issued for consulting services          
Common stock issued to directors   $ 874 33,228   $ 34,102
Common stock issued to directors, shares   87,368      
Warrants and beneficial conversion feature on notes payable     120,787   120,787
Balance at Dec. 31, 2013 $ 60,675 $ 199,529 46,077,394 (52,282,068) (5,944,470)
Balance, shares at Dec. 31, 2013 2,427 19,952,907      
Net loss       (3,410,899) (3,410,899)
Stock option compensation expense     57,291   $ 57,291
Share based consulting fees, Common stock, shares         60,000
Common stock issued in accordance with escrow agreement, shares         1,000,000
Common stock issued as part of equity purchase agreement and/or liability purchase agreement         $ 222,500
Common shares and warrants issued for consulting services   $ 600 84,600   85,200
Common shares and warrants issued for consulting services, shares   60,000      
Common stock issued to directors   $ 106 3,932   4,038
Common stock issued to directors, shares   10,625      
Common stock issued upon conversion of notes   $ 17,329 394,280   $ 411,609
Common stock issued upon conversion of notes, shares   1,732,946     1,732,946
Private offering of common stock and warrants   $ 41,525 788,975   $ 830,500
Private offering of common stock and warrants, shares   4,152,500      
Warrants and beneficial conversion feature on notes payable     121,741   121,741
Liabilities settled under Liability Purchase Agreement     106,644   106,644
Balance at Dec. 31, 2014 $ 60,675 $ 259,089 $ 47,634,857 $ (55,692,967) $ (7,738,346)
Balance, shares at Dec. 31, 2014 2,427 25,908,978