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Condensed Consolidated Statement of Changes in Shareholders' Deficit (Unaudited) - 6 months ended Jun. 30, 2015 - USD ($)
Preferred Stock
Common Stock
Capital in excess of par value
Accumulated Deficit
Total
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      
Net loss $ (1,783,011) (1,783,011)
Common stock issued to directors $ 125 $ 2,000 2,125
Common stock issued to directors, shares 12,500      
Stock option compensation expense 24,175 24,175
Common stock issued for consulting services $ 6,200 101,400 107,600
Common stock issued for consulting services, shares 620,000      
Warrants issued for consulting services 75,000 75,000
Private offering of common stock and warrants $ 18,250 346,750 365,000
Private offering of common stock and warrants, shares 1,825,000      
Warrant and beneficial conversion feature on notes payable 59,480  
Balance at Jun. 30, 2015 $ 60,675 $ 283,664 $ 48,243,662 $ (57,475,978) $ (8,887,977)
Balance, shares at Jun. 30, 2015 2,427 28,366,478