12. STOCK HOLDERS' EQUITY (Tables)

3 Months Ended

Mar. 31, 2014

Stock Holders Equity Tables

Common stock issued and outstanding

					Weighted Average Life of
			Warrants		Outstanding Warrants in
	Exercise Price		Outstanding		Months		Date of Expiration
Series A Warrants	$	10.00		973,000		28	7/31/2016
Series B Warrants		5.00		42,700		56	10/31/2018
Series C Warrants		5.50		1,000,000		34	1/21/2017
	$	7.77		2,015,700		32

Warrants outstanding

	Common Stock			Warrants
Balance at June 5, 2013 (Inception)		-			-
Issued for cash proceeds of $985,400 – Series A warrants		13,373,000			973,000
Issued as part of share exchange agreement		9,724,200			-
Terminated as part of share exchange agreement		(8,000,000	)		-
Issued as compensation under a consulting agreement		40,000			-
Warrants issued to placement agent – Series B Warrants		-			10,600
Balance at December 31, 2013		15,137,200			983,600
Re-acquired shares of common stock		(1,750,000)			-
Warrants issued to Full Circle for $500,000 consideration – Series C Warrants		-			1,000,000
Warrants issued to placement agent – Series B Warrants		-			32,100
Issued in settlement of $255,000 convertible notes payable and accrued interest of $3,669		51,733			-
Balance at March 31, 2014		13,438,933			2,015,700