9. COMMON STOCK

3 Months Ended

Mar. 31, 2015

Equity [Abstract]

9. COMMON STOCK

Stock Issued for Services

As partial payment for professional services provided by GreenCore Capital, LLC (“GreenCore’) during the period ended March 31, 2015, the Company issued 202,571 shares of the Company’s common stock with a per share value between $0.13 and $0.136 (based on an average market value of the stock when earned as defined in the agreement) or $27,000 and expensed the payment at issuance. Jay Potter, our director, is the managing member of GreenCore and the primary individual performing the services. (See note 11)

During the period ended March 31, 2015, the Company released 138,888 shares of common stock with a per share value of $0.15, or $20,832 (based on the market price at the time of the agreement), to two directors for their service as defined in their respective Restricted Stock Grant Agreements. The payments were expensed at issuance.