0001354488-15-005083.txt : 20151116 0001354488-15-005083.hdr.sgml : 20151116 20151113180208 ACCESSION NUMBER: 0001354488-15-005083 CONFORMED SUBMISSION TYPE: 10-Q PUBLIC DOCUMENT COUNT: 9 CONFORMED PERIOD OF REPORT: 20150930 FILED AS OF DATE: 20151116 DATE AS OF CHANGE: 20151113 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Powerstorm Holdings, Inc. CENTRAL INDEX KEY: 0001558294 STANDARD INDUSTRIAL CLASSIFICATION: TELEPHONE COMMUNICATIONS (NO RADIO TELEPHONE) [4813] IRS NUMBER: 453733512 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 10-Q SEC ACT: 1934 Act SEC FILE NUMBER: 333-184363 FILM NUMBER: 151230524 BUSINESS ADDRESS: STREET 1: 31244 PALOS VERDES DR W, STE 245 CITY: RANCHO PALOS VERDES STATE: CA ZIP: 90275-5370 BUSINESS PHONE: 424-327-2991 MAIL ADDRESS: STREET 1: 31244 PALOS VERDES DR W, STE 245 CITY: RANCHO PALOS VERDES STATE: CA ZIP: 90275-5370 FORMER COMPANY: FORMER CONFORMED NAME: POWERSTORM CAPITAL CORP DATE OF NAME CHANGE: 20120914 10-Q 1 psto_10q.htm QUARTERLY REPORT psto_10q.htm


UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 10-Q
 
 
x
QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
 
For the quarterly period ended September 30, 2015
 
or
 
 
¨
TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
 
Commission File Number: 333-184363
 
POWERSTORM HOLDINGS, INC.
(Name of registrant as specified in its charter)
 
DELAWARE
45-3733512
(State or other jurisdiction of incorporation or
organization)
(I.R.S. Employer Identification No.)
 
31244 Palos Verdes Dr. W, Ste 245
Rancho Palos Verdes, CA 90275-5370
(Address of principal executive offices) (Zip Code)
 
424-327-2991
(Registrant's telephone number, including area code)
 
N/A
(Former name, former address and former fiscal year, if changed since last report)
 
Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.
Yes x No ¨
 
Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files). Yes x  No ¨ 
 
Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company. See the definitions of "large accelerated filer," "accelerated filer" and "smaller reporting company" in Rule 12b-2 of the Exchange Act.
 
Large accelerated Filer
¨
 
Accelerated Filer
¨
         
Non-accelerated Filer
¨
 
Small Reporting Company
x
         
(Do not check if smaller reporting company)
       
 
Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes ¨  No x
 
As of November 16, 2015, there were 22,565,809 shares of common stock issued and outstanding. 
 


 
 
 
 
 
 
TABLE OF CONTENTS
 
     
Page
 
PART I. - FINANCIAL INFORMATION
 
Item 1.
Financial Statements
    F-1  
           
Item 2.
Management's Discussion and Analysis of Financial Condition and Results of Operations.
    3  
           
Item 3.
Quantitative and Qualitative Disclosures About Market Risk.
    8  
           
Item 4.
Controls and Procedures.
    8  
           
PART II - OTHER INFORMATION
 
           
Item 1.
Legal Proceedings.
    9  
           
Item 1A.
Risk Factors.
    9  
           
Item 2.
Unregistered Sales of Equity Securities and Use of Proceeds.
    9  
           
Item 3.
Defaults Upon Senior Securities.
    11  
           
Item 4.
Mine Safety Disclosures.
    11  
           
Item 5.
Other Information.
    11  
           
Item 6.
Exhibits.
    11  
 
 
1

 
 
CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS
 
This Quarterly Report on Form 10-Q (this “Report”) contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended (the “Securities Act”), and Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”). Forward-looking statements discuss matters that are not historical facts. Because they discuss future events or conditions, forward-looking statements may include words such as “anticipate,” “believe,” “estimate,” “intend,” “could,” “should,” “would,” “may,” “seek,” “plan,” “might,” “will,” “expect,” “predict,” “project,” “forecast,” “potential,” “continue” negatives thereof or similar expressions. Forward-looking statements speak only as of the date they are made, are based on various underlying assumptions and current expectations about the future and are not guarantees. Such statements involve known and unknown risks, uncertainties and other factors that may cause our actual results, level of activity, performance or achievement to be materially different from the results of operations or plans expressed or implied by such forward-looking statements.
 
We cannot predict all of the risks and uncertainties. Accordingly, such information should not be regarded as representations that the results or conditions described in such statements or that our objectives and plans will be achieved and we do not assume any responsibility for the accuracy or completeness of any of these forward-looking statements. These forward-looking statements are found at various places throughout this Report and include information concerning possible or assumed future results of our operations, including statements about potential acquisition or merger targets; business strategies; future cash flows; financing plans; plans and objectives of management; any other statements regarding future acquisitions, future cash needs, future operations, business plans and future financial results, and any other statements that are not historical facts.
 
These forward-looking statements represent our intentions, plans, expectations, assumptions and beliefs about future events and are subject to risks, uncertainties and other factors. Many of those factors are outside of our control and could cause actual results to differ materially from the results expressed or implied by those forward-looking statements. In light of these risks, uncertainties and assumptions, the events described in the forward-looking statements might not occur or might occur to a different extent or at a different time than we have described. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this Report. All subsequent written and oral forward-looking statements concerning other matters addressed in this Report and attributable to us or any person acting on our behalf are expressly qualified in their entirety by the cautionary statements contained or referred to in this Report.
 
Except to the extent required by law, we undertake no obligation to update or revise any forward-looking statements, whether as a result of new information, future events, a change in events, conditions, circumstances or assumptions underlying such statements, or otherwise.
 
EXPLANATORY NOTE

The financial information disclosed in Item 1 and the notes to the financial statements therein were not reviewed or certified by an auditor.
 
 
2

 
 
PART 1 - FINANCIAL INFORMATION
 
Item 1. Financial Statements.
 
POWERSTORM HOLDINGS, INC.
INDEX TO FINANCIAL STATEMENTS
 
Balance Sheets as of September 30, 2015 and December 31, 2014 (Unaudited)
 
F-2
     
Statements of Operations for the three and nine months ended September 30, 2015 and 2014 (Unaudited)
 
F-3
     
Statements of Cash Flows for the nine months ended September 30, 2015 and 2014 (Unaudited)
 
F-4
     
Notes to the Financial Statements (Unaudited)
 
F-5
  
 
F-1

 
 
POWERSTORM HOLDINGS, INC.
Balance Sheets
(Unaudited)

   
September 30,
   
December 31,
 
   
2015
   
2014
 
ASSETS
           
Current Assets
           
Cash and cash equivalents
  $ 1,810     $ 495  
Accounts receivable
    78,223       -  
Prepaid expenses
    2,066       2,276  
Total current assets
    82,099       2,771  
                 
Furniture and office equipment, net
    58,619       4,555  
Trademarks & Patents
    18,663       8,965  
Other assets
    2,500       2,500  
TOTAL ASSETS
  $ 161,881     $ 18,791  
                 
LIABILITIES AND STOCKHOLDERS’  DEFICIT
               
                 
Current Liabilities
               
Accounts payable
  $ 265,857     $ 61,141  
Advances from related party
    57,409       33,045  
Accrued Expenses
    275,863       -  
Capital Lease Liabilities - short – term
    22,502       -  
Common stock payable
    18,668          
Promissory Note (with accrued interest)
    35,216       -  
Convertible debt, net of discount of $54,375
    32,625       -  
Interest payable
    2,540          
Derivative Liability
    132,440          
Total current liabilities
    843,120       94,186  
                 
Long Term Liabilities
               
Capital Lease Liabilities - long-term
    66,469       -  
TOTAL LIABILITIES
  $ 909,589     $ 94,186  
                 
Commitments and Contingencies
               
                 
Stockholders’ Deficit
               
Preferred stock, par value $0.01 per share, 5,000,000 shares authorized; 0 shares issued and outstanding
               
Common stock, par value $0.001 per share, 300,000,000 shares authorized; 22,628,578 and 21,506,195 shares issued and outstanding
    22,628       21,506  
Additional paid-in capital
    5,366,053       4,137,610  
Accumulated deficit
    (6,136,389 )     (4,234,511 )
TOTAL STOCKHOLDERS’ DEFICIT
    (747,708 )     (75,395 )
                 
TOTAL LIABILITIES & STOCKHOLDERS’ DEFICIT
  $ 161,881     $ 18,791  
 
The accompanying notes are an integral part of these unaudited financial statements.
 
 
F-2

 

 POWERSTORM HOLDINGS, INC.
Statements of Operations
(Unaudited)
 

   
Three Months Ended
   
Three Months Ended
   
Nine Months Ended
   
Nine Months Ended
 
   
September 30, 2015
   
September 30, 2014
   
September 30, 2015
   
September 30, 2014
 
                         
Revenues - related party
  $ 160,925     $ 93,258     $ 189,055     $ 119,563  
Cost of revenues
    (143,510 )     (65,756 )     (143,510 )     (65,756 )
Gross profit
    17,415       27,502       45,545       53,807  
                                 
Operating expenses
                               
General and administrative
    493,281       107,533       1,808,336       253,392  
Depreciation expense
    34,207       310       45,688       929  
Total operating expenses
    527,488       107,843       1,854,024       254,321  
                                 
Loss from operations
    (510,073 )     (80,341 )     (1,808,479 )     (200,514 )
                                 
Other income
    -       -       246       -  
Gain on Forgiveness of debt
    -       384       -       14,409  
Interest Expense
    (32,126 )     -       (41,205 )     -  
Unrealized Gain/Loss
    (11,245 )     -       (52,440 )     -  
                                 
 Net loss
  $ (553,444 )   $ (79,957 )   $ (1,901,878 )   $ (186,105 )
                                 
 Loss per common share-basic and diluted
  $ (0.02 )   $ (0.00 )   $ 0.09 )   $ (0.01 )
                                 
Weighted average number of common share outstanding - basic and diluted
    22,339,895       20,853,957       21,604,199       20,614,968  
 
The accompanying notes are an integral part of these unaudited financial statements.
 
 
F-3

 
 
POWERSTORM HOLDINGS, INC.
Statements of Cash Flows
(Unaudited)
 
   
Nine Months Ended
   
Nine Months Ended
 
   
September 30, 2015
   
September 30, 2014
 
Cash flows from operating activities
           
Net loss
  $ (1,901,878 )   $ (186,105 )
Adjustments to reconcile net loss to net cash used in operating activities:
 
Share-based compensation
    1,007,820       53,909  
Depreciation expense
    45,688       929  
Amortization expense - debt discount
    32,625          
Unrealized loss - derivative
    52,440          
Gain on settlement of accounts payable
    -       14,409  
Changes in operating assets and liabilities:
               
Accounts receivable
    (78,223 )     (4,846 )
Accrued Expense
    275,863       -  
Prepaid expenses
    210       (253 )
Accrued Stock Payable expenses
    18,668       -  
Interest Payable
    3,231       -  
Accounts payable
    204,716       (30,484 )
Net cash used in operating activities
    (338,841 )     (152,441 )
                 
Cash flow from investing activities:
               
Purchase of furniture and office equipment
    (2,968 )     -  
Acquisition of Patents & trademarks
    (9,697 )     (1,784 )
Net cash used in investing activities
    (12,665 )     (1,784 )
                 
Cash flow from Financing Activities:
               
Payment of capital lease obligation
    (7,814 )     -  
Payments made on trademarks
    -       157,011  
Derivative liabilities
    80,000       -  
Advances from related party
    280,635       -  
Net cash provided by financing activities
    352,821       157,011  
                 
Net change in cash and cash equivalents
    1,315       2,786  
Cash and cash equivalents - beginning of period
    495       7,543  
Cash and cash equivalents - end of period
  $ 1,810     $ 10,329  
                 
Supplemental disclosure of cash flows information:
               
Cash paid during the period for:
    -       -  
Interest
    -       -  
Income taxes
    -       -  
                 
Non-cash investing and financing activities:
               
Conversion of advance to promissory note
    34,526       -  
Capital leases
    96,785       -  
Debt discount
    87,000       -  
Issuance of common stock for related party advances
    221,229       -  
Shares issued to repay advances from related party
  $ -     $ 136,735  
Shares issued to settle accounts payable
  $ 256,272     $ 1,500  
Additional Paid in Capital contribution by shareholder to pay accounts payable on behalf of the Company
  $ 188,217     $ 25,100  
 
The accompanying notes are an integral part of these unaudited financial statements.
 
 
F-4

 
  
POWERSTORM HOLDINGS, INC.
Notes to Financial Statements
(Unaudited)


 
NOTE 1 – GENERAL ORGANIZATION AND BUSINESS OPERATIONS
 
Powerstorm Capital Corp. was formed on October 11, 2011 in the state of Delaware. On February 25, 2015, Powerstorm Capital Corp. filed a Certificate of Amendment to the Certificate of Incorporation changing its name to Powerstorm Holdings, Inc. (“we”, “Powerstorm” or the “Company”). The Company intends to be a manufacturer of hybrid energy storage systems that provides reliable off-grid solutions to: a) service providers such as telecom tower operators, managed network operators (MNOs), data centers, mining companies, hospitals, b) rural communities within the emerging markets and, c) the residential/home use and serves disaster recovery requirements.
 
NOTE 2 – BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
 
Basis of Presentation
 
The accompanying interim unaudited financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (“GAAP”) for interim financial information and on the same basis as the annual audited financial statements. In the opinion of management, these financial statements include all adjustments, which, unless otherwise disclosed, are of a normal recurring nature, necessary for a fair presentation of the financial position, results of operations, and cash flows for the periods presented. The results of interim periods are not necessarily indicative of results for the entire year. The balance sheet at December 31, 2014 has been derived from audited financial statements; however, the notes to the financial statements do not include all of the information and notes required by GAAP for complete financial statements. The accompanying interim unaudited financial statements should be read in conjunction with the financial statements and notes thereto for the period ended December 31, 2014, included in the Form 10-K filed with the SEC on April 8, 2015.
 
Use of Estimates
 
The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.
 
Reclassifications
 
Certain accounts in the prior period were reclassified to conform to the current period financial statement presentation.
 
Cash and Cash Equivalents
 
The Company considers all highly liquid, short-term investments purchased with an original maturity of three months or less to be cash equivalents. These investments are carried at cost, which approximates fair value.
 
Intangible Assets
 
The Company’s intangible assets consist of patents and trademarks with indefinite lives. The Company capitalizes the filing and legal fees related to the patent and trademark registrations, which totaled $18,663 and $8,965 as of September 30, 2015 and December 31, 2014, respectively.
 
The Company reviews its indefinite-lived intangible assets for impairment whenever events or circumstances indicate that the carrying amount of an asset may not be recoverable. The Company assesses recoverability by reference to future cash flows from the products underlying these intangible assets. If these estimates change in the future, the Company may be required to record impairment charges for these assets. As of September 30, 2015 and December 31, 2014, no impairment was recorded.
 
 
F-5

 
 
Fixed Assets
 
Furniture and office equipment is stated at cost and depreciated using the straight-line method over 7 years, the estimated useful life of the asset. Computers and software developed or obtained for internal use are depreciated using the straight-line method over the estimated useful life of 5 years. Office leasehold improvements are amortized over 6 years, the term of the lease. Repairs and maintenance are expensed as incurred.
 
Accounting for Derivative Liabilities
 
The Company evaluates stock options, stock warrants or other contracts to determine if those contracts or embedded components of those contracts qualify as derivatives to be separately accounted for under the relevant sections of ASC Topic 815-40, Derivative Instruments and Hedging: Contracts in Entity’s Own Equity. The result of this accounting treatment could be that the fair value of a financial instrument is classified as a derivative instrument and is marked-to-market at each balance sheet date and recorded as a liability. In the event that the fair value is recorded as a liability, the change in fair value is recorded in the statement of operations as other income or expense. Upon conversion or exercise of a derivative instrument, the instrument is marked to fair value at the conversion date and then that fair value is reclassified to equity. Financial instruments that are initially classified as equity that become subject to reclassification under ASC Topic 815-40 are reclassified to a liability account at the fair value of the instrument on the reclassification date.
 
Income Taxes
 
The Company uses the asset and liability method in accounting for income taxes. Under this method, deferred tax assets and liabilities are determined based on differences between financial reporting and income tax carrying amounts of assets and liabilities and are measured using the enacted tax rates and laws that will be in effect when the differences are expected to reverse. The Company reviews deferred tax assets for a valuation allowance based upon whether it is more likely than not that the deferred tax asset will be fully realized. A valuation allowance, if necessary, is provided against deferred tax assets, based upon management’s assessment as to their realization.
 
Revenue Recognition
 
The Company’s revenue generated consisted of revenues from consulting services from a related party. Revenue is recognized at the time when a price is fixed and determinable, persuasive evidence of an arrangement exists, the service has been rendered, and collectability is assured.
 
Share-Based Compensation
 
The Company amortizes the cost of services received in exchange for equity instruments based on the grant date fair value of such instruments over the service period.
 
Equity instruments issued to parties other than employees for acquiring goods or services are recorded at either the fair value of the consideration received or the fair value of the instruments issued in exchange for such services, whichever is more reliably measurable.
 
Fair Value Measurements
 
As defined in FASB ASC Topic No. 820 – 10, fair value is the price that would be received upon the sale of an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. FASB ASC Topic No. 820 – 10 requires disclosure that establishes a framework for measuring fair value and expands disclosure about fair value measurements. The statement requires fair value measurements be classified and disclosed in one of the following categories:
 
Level 1:
Unadjusted quoted prices in active markets that are accessible at the measurement date for identical, unrestricted assets or liabilities. The Company considers active markets as those in which transactions for the assets or liabilities occur in sufficient frequency and volume to provide pricing information on an ongoing basis.
 
Level 2:
Quoted prices in markets that are not active, or inputs which are observable, either directly or indirectly, for substantially the full term of the asset or liability. This category includes those derivative instruments that the Company values using observable market data. Substantially all of these inputs are observable in the marketplace throughout the term of the derivative instruments, can be derived from observable data, or supported by observable levels at which transactions are executed in the marketplace.
 
 
Level 3:
Measured based on prices or valuation models that require inputs that are both significant to the fair value measurement and less observable from objective sources (i.e. supported by little or no market activity). The Company’s valuation models are primarily industry standard models. Level 3 instruments include derivative warrant instruments. The Company does not have sufficient corroborating evidence to support classifying these assets and liabilities as Level 1 or Level 2.
 
 
 
 
F-6

 
 
As required by FASB ASC Topic No. 820 – 10, financial assets and liabilities are classified based on the lowest level of input that is significant to the fair value measurement. The Company’s assessment of the significance of a particular input to the fair value measurement requires judgment, and may affect the valuation of the fair value of assets and liabilities and their placement within the fair value hierarchy levels. The estimated fair value of the variable feature convertible debt instrument was calculated using the black scholes model.
 
Net Loss per Common Share
 
Basic net loss per common share is computed by dividing net loss by the weighted-average number of common shares outstanding during the period. Diluted net loss per common share is determined using the weighted-average number of common shares outstanding during the period, adjusted for the dilutive effect of common stock equivalents. In periods when losses are reported, the diluted weighted-average number of common shares outstanding excludes common stock equivalents because their inclusion would be anti-dilutive. At September 30, 2015, the Company had 2,243,616 stock options and 1,682,785 shares issuable upon the conversion of convertible debt that would have been included in its calculation of diluted net loss per common share if they were not anti-dilutive. 
 
Recent Accounting Pronouncements
 
Recently issued or adopted accounting pronouncements are not expected to, or did not have, a material impact on our financial position, results of operations or cash flows.
 
Subsequent Events
 
The Company evaluates subsequent events through the date when financial statements are issued for disclosure consideration.

NOTE 3 – GOING CONCERN
 
The accompanying financial statements were prepared in conformity with GAAP, which contemplates continuation of the Company as a going concern and depends upon the Company’s ability to establish itself as a profitable business. The Company is an early stage company and has incurred an accumulated loss of $6,136,389 since inception. The Company has negative working capital of $760,020 and will require additional funds to finance its business plan for the next twelve months. Due to the early stage of the Company, the Company expects to incur additional losses in the immediate future. The Company’s ability to continue as a going concern is dependent upon its ability to generate future profitable operations and/or obtain the necessary financing to meet its obligations and repay its liabilities arising from normal business operations when they become due. To date, the Company’s founders have provided funding for operations until the Company raises sufficient capital to provide for the first-year operating expenses.
 
The Company is planning to obtain financing either through the issuance of equity or debt. To the extent that funds generated from any private placements, public offerings, and/or bank financings are insufficient, the Company will have to raise additional working capital through other sources.
 
NOTE 4 – FIXED ASSETS

   
September 30, 2015
   
December 31, 2014
 
Furniture and equipment
  $ 1,191     $ 5,608  
Computers and software
    49,823       2,183  
Less: accumulated depreciation
    (48,924 )     (3,236 )
Furniture and office equipment, net
  $ 52,089     $ 4,555  
Leasehold Improvements
    6,530       -  
Total Fixed Assets
  $ 58,619     $ 4,555  
 
 
F-7

 
 
During the nine months ended September 30, 2015 and 2014, the Company recorded depreciation expense of $45,688 and $929, respectively.
 
NOTE 5 – CONVERTIBLE NOTE PAYABLE
 
On June 16, 2015, the Company issued a convertible note to a third party in the principal amount of $87,000 in exchange for cash proceeds of $80,000 (a $7,000 original issue discount). This note is payable with interest bearing 10% per annum on February 16, 2016. The note is convertible, in whole or in part, into shares of common stock of the Company at a conversion price of 43% of the lowest three trading prices of the common stock for the 10 trading days immediately preceding the date of conversion.
 
The Company has the right to redeem the outstanding convertible note at a redemption price of: (i) 125% of the note outstanding thirty (30) days following the issue date; (ii) thirty one (31) to sixty (60) days following the issue date, 130% of the note outstanding; (iii) sixty-one (61) to ninety (90) days following the issue date, 135% of the note outstanding; (iv) ninety-one (91) days to one hundred and eighty days (180) following the issue date, 140% of the note outstanding.
 
The Company evaluated the terms of the convertible note in accordance with ASC 815 – 40,  Derivatives and Hedging - Contracts in Entity’s Own Stock and determined that the underlying common stock is indexed to the Company’s common stock. The Company determined that the conversion feature did meet the definition of a liability and therefore bifurcated the conversion feature and accounted for it as separate derivative liability. The Company recognized a debt discount for the amount of the derivative liability in the amount of $80,000 that will be amortized to interest expense of the life of the note.  
 
As of September 30, 2015, the amount of discount amortized for these notes was $32,625.
 
NOTE 6 – PROMISSORY NOTE PAYABLE
 
On June 30, 2015, the Company entered into a $34,526 promissory note with Michel J. Freni, the CEO and Chairman for advances and payments made on behalf of the Company. Interest accrues at 8% and the note is due upon demand.
 
NOTE 7 – RELATED PARTY TRANSACTIONS
 
On March 31, 2015, the Company issued 33,045 shares of common stock to a related party, KeyMedia Management, Inc., as reimbursement for $33,045 of advances and payments made on behalf of the Company. These shares were valued at the grant date fair value of the common stock of $33,04
 
On May 18, 2015, the Company issued 217,402 shares of common stock to a related party, KeyMedia Management, Ltd., as reimbursement for $108,701 of advances and payments made on behalf of the Company. The shares were valued at the grant date fair value of $110,875. The issuance of these shares reduced advances owed to the CEO by the Company of $108,701 and the remainder ($2,174) was considered stock-based compensation.
 
On June 30, 2015, the Company issued 266,667 shares of common stock to a Carmelia Lau as reimbursement for $80,000 of payments made by Michel J. Freni and KeyMedia Management Ltd. on behalf of the Company. The shares were valued at the grant date fair value of $106,667. The issuance of these shares reduced advances owed to the CEO by the Company of $80,000 and the remainder ($26,667) was considered stock-based compensation.
 
During the nine months ended September 30, 2015 and 2014, the Company collected and recorded revenues of $32,710 and $119,563 respectively, from a related party for consulting services.  The Company’s President and significant shareholder Anamaria Pruteanu is also the owner of Powerstorm (Amsterdam).

During the nine months ended September 30, 2015 Powerstorm (Amsterdam) generated revenues of $156,345 from related party acting as a sales agent for the Company of the sale of hybrid systems to Maktech & Tel. The Company’s President and significant shareholder Anamaria Pruteanu is also the owner of Powerstorm (Amsterdam).
 
On September 21, 2015, the Company entered into Supply Agreement with C4V to design, test and purchase lithium ion batteries.  C4V is a technology development company which holds the intellectual property for for energy storage such as lithium ion batteries.  The Company’s CTO, Dr. Shailesh Upreti is a member of the LLC and holds 47.08% ownership and is a member of its Board of Directors.  The agreement will remain in affect until 2021.

 
F-8

 
 
NOTE 8 - CAPITAL LEASES (Need to add schedule)
 
The Company entered into a capital lease agreements with third parties during the nine months ended September 30, 2015 to rent office equipment. The capital leases contain a bargain purchase option at the end of the leases.
 
The future minimum lease payments required under the capital lease obligations and the present value of the minimum lease payments as of September 30, 2015 are as follows:
         
For the year ending Sep 30, 2015
       
2016
 
$
34,578
 
2017
   
34,578
 
2018
   
26,899
 
2019
   
12,638
 
2020
   
7,237
 
Total minimum lease payments
   
115,879
 
Less: amount representing interest
   
(26,909
)
Present value of net minimum lease obligations
   
88,970
 
Less: current maturities of capital lease obligations
   
(22,502
)
Long-term capital lease obligations
 
$
66,469
 
 
 
NOTE 9 – DERIVATIVE LIABILITIES
 
Activity for derivative liability related to the variable conversion feature on convertible debt during the nine months ended September 30, 2015 was as follows:

   
Balance at December 31, 2014
   
Initial valuation of derivative liability upon issuance of variable feature convertible note
   
Change in fair value of derivative liability
   
Balance at Sep 30, 2015
 
                         
Convertible debt
  $ 0.00     $ 80,000     $ 52,440     $ 132,440  
Total
  $ 0.00     $ 80,000     $ 52,440     $ 132,440  
 
The fair value of the derivative was valued on the date of the issuance of the convertible debt using the Black-Scholes option pricing model with the following weighted average assumptions: (1) risk free interest rate 1%, (2) term of 0.67 years, (3) expected stock volatility of 155%, (4) expected dividend rate of 0%, and (5) common stock price of $0.51.
 
The fair value of the derivative was valued on September 30, 2015 using the Black-Scholes option pricing model with the following weighted average assumptions: (1) risk free interest rate 1%, (2) term of 0.38 years, (3) expected stock volatility of 155%, (4) expected dividend rate of 0%, and (5) common stock price of $0.11.
 
 
F-9

 
 
NOTE 10 – COMMITMENTS AND CONTINGENCIES
 
Operating Lease
 
On October 18, 2013, the Company entered into a lease agreement with a third party to rent office premises. The lease commencement date was November 1, 2013 and ends on December 31, 2016. The Company entered into a lease addendum on February 20, 2015. Pursuant to the lease addendum, the monthly lease payment is $2,600 for January 1, 2015 through June 30, 2015, and increases to $4,800 per month starting July 1, 2015. The lease term is through February 28, 2021.
 
Rent expense was for the nine months ending September 30, 2015 and 2014 was $29,277 and $20,000, respectively.
 
Employment Agreements
 
CEO employment agreement
 
On January 1, 2014, the Company entered into an employment agreement with its CEO, effective through December 31, 2016. Pursuant to the agreement, the CEO shall receive a minimum annualized salary of $300,000. During the nine months ended September 30, 2015, the Company recorded $225,000 of compensation expense for this agreement, which is recorded in accrued expenses at September 30, 2015.
 
CFO employment agreement
 
On December 31, 2014, the Company entered into an employment agreement with its CFO, effective through March 31, 2018, in which the CFO will provide consulting services to the Company. Pursuant to the agreement, the CFO shall receive an annualized salary of $208,000, of which 50% shall be paid in cash and 50% shall be paid in stock options. During the nine months ended September 30, 2015, the CFO received $66,106 in consulting fees. No additional stock options are issuable pursuant to this agreement in 2015.
 
In addition to a salary, the CFO will be provided with a 3% ownership of the Company to be issued in common stock. The shares vest in three 1% installments on January 1, 2016, 2017, and 2018. The Company will value this obligation each quarter and record a common stock payable until the obligation is paid for in common stock of the Company. Pursuant to this agreement, the Company recorded share-based compensation expense of $18,668 for the nine months ended September 30, 2015.   
 
NOTE 11 – EQUITY
 
The Company is authorized to issue 305,000,000 shares of capital stock. These shares are divided into two classes, with 300,000,000 shares in common stock at $0.001 par value and 5,000,000 shares in preferred stock at $0.01 par value.
 
Issuance of common stock
 
During September 2015, the company granted 20,000 shares of common stock fully vested to Shailesh Upreti and will issue them in the month November 2015 in exchange for consulting services and the Board deemed it in the best interest to grant the 20,000 shares of common stock at a purchase price of $0.19.

During September 2015, the company granted 15,000 shares of common stock fully vested to Gregg Jaclin and will issue them in the month of November 2015 in exchange for services and the Board deemed it in the best interest to grant the 15,000 shares of common stock at a purchase price of $0.19.

During September 2015, the Company granted 47,769 shares of common stock at purchase price of $0.19 per share to Szaferman, Lakind, Blumstein, Blader, P.C and will issue them in the month of November 2015 in satisfaction of the $9,076.09 outstanding accounts payable.
 
During August 2015, the company issued 150,000 shares of common stock fully vested to The Governance Box in exchange for consulting services and the Board deemed it in the best interest to grant the 150,000 shares of common stock at a purchase price of $0.25.

On July 1, 2015, the Company issued 100,000 shares of common stock to The Brewer Group as part of contract signed on April 9, 2015.

 
F-10

 

During June 2015, the Company issued 266,667 shares of common stock at their fair value to an individual as reimbursement for $80,000 of advances and payments made on behalf of the Company by Michel J. Freni and KeyMedia Management Ltd.
 
During June 2015, the Company issued 50,000 shares of common stock to a director of the Company for services. The Company recorded stock-based compensation of $75,000 based on the grant date fair value of the common stock.
 
During May 2015, the Company issued 217,402 shares of common stock at their fair value to a related party, KeyMedia Management, Ltd., as reimbursement for $108,701 of advances and payments made on behalf of the Company.
 
During May 2015, the Company issued 100,000 shares of common stock to the Company’s CFO for services. The Company recorded stock-based compensation of $145,000 based on the grant date fair value of the common stock.
 
During May 2015, the Company issued 22,500 shares of common stock to consultants for services. The Company recorded stock-based compensation of $16,775 based on the grant date fair value of the common stock.
 
During April 2015, the Company entered into a consulting agreement for Business Development and Marketing services with a third party. The agreement is effective through December 31, 2015. In exchange for the services, the Company agreed to a consulting fee of $2,000 per month. In addition, the Company agreed to grant 100,000 shares of common stock on April 1, 2015, July 1, 2015, October 1, 2015 and January 1, 2016 (400,000 shares in aggregate). The Company recorded stock-based compensation of $150,933 based on the grant date fair value of the common stock.
 
During March 2015, the Company issued 33,045 shares of common stock to a related party for $33,045 of advances and payments made on behalf of the Company.
 
Stock Options
 
A summary of the Company’s option activities for the nine months ended September 30, 2015 is as follows:
 
   
Options
   
Weighted-Average Exercise Price
   
Weighted-Average Remaining Contractual Term
   
Weighted-Average Grant Date Fair Value
 
Options Outstanding, December 31, 2014
    1,690,616     $ .51     $ 9.84     $ 1.47  
Options Granted
  $ 653,000     $ 0.43     $ 10.00     $ 0.73  
Options Exercised
                               
Options Forfeited
  $ (100,000 )   $ 0 .43     $ 0.00     $ 1.49  
Options Outstanding at September 30, 2015
    2,243,616     $ 0.49     $ 9.57     $ 1.25  
Options Vested and Exercisable as on September  30, 2015
    1,716,616                          
 
During the year ended December 31, 2014, the Company appointed seven new members to its Board of Advisors and granted 10,000 non-qualified stock options (70,000 in aggregate) to each advisor that vest upon one year of service. The stock options were valued using the Black-Scholes option pricing model. Fair values of these options were calculated using the following inputs in the valuation model; 10-year term; $0.10 exercise price; common stock price of $0.10 - $2.15; risk free rate of 2.47%- 3.00% and volatility of 156%-159%. The grant date fair value of these stock options was $74,313. The Company recorded $24,346 of stock-based compensation expense during the six months ended June 30, 2015 in connection with these stock options. The remaining $1,973 of stock compensation expense will be expensed during the remainder of 2015.
 
On December 31, 2014, the Company granted 259,706 stock options to the Company’s CFO. The stock options were valued using the Black-Scholes option-pricing model. Fair value of these options was calculated using the following inputs in the valuation model; 10-year term; $0.43 exercise price; common stock price of $1.50; risk free rate of 2.17% and volatility of 156%. The grant date fair value of the stock options was $386,724 and will vest in four equal installments quarterly over one year. On May 29, 2015, the CFO forfeited 100,000 stock options. The grant date fair value of the remaining stock options pursuant to this agreement is $238,034. During the six months ended June 30, 2015, the Company recorded share-based compensation of $119,017 pursuant to these stock options related to 79,853 stock options that vested. The remaining $119,017 will be expensed during the remainder of 2015.
 
 
F-11

 
 
On April 9, 2015, the Company granted 213,000 stock options to the various independent contractors, independent consultants and advisors. The stock options were valued using the Black-Scholes option pricing model. Fair value of these options was calculated using the following inputs in the valuation model; 10-year term; $0.43 exercise price; common stock price of $1.50; risk free rate of 1.97% and volatility of 156%. The grant date fair value of the stock options was $163,770. The stocks option grants have various vesting schedules as approved by the Board of Directors, of which 43,000 stock options vested during quarter ending June 30, 2015, 20,000 will vest on December 31, 2015 and the remaining 150,000 vest in quarterly installments on July 1, 2015, October 1, 2015 and January 1, 2016. The Company recorded $97,133 of stock-based compensation expense during the six months ended June 30, 2015 in connection with these stock options. The remaining $66,637 of stock compensation expense will be expensed during the remainder of 2015.
 
On April 10, 2015, the Company granted 400,000 stock options for The Brewer Group for Business Development and Marketing Services. The stock options were valued using the Black-Scholes option pricing model. Fair value of these stock options was calculated using the following inputs in the valuation model; 10-year term; $0.43 exercise price; common stock price of $0.78; risk free rate of 1.96% and volatility of 156%. The grant date fair value of the stock options was $307,532 and will vest on January 1, 2016. The Company recorded $102,511 of stock-based compensation expense during the six months ended June 30, 2015 in connection with these stock options. The remaining $205,021 of stock compensation expense will be expensed during the remainder of 2015.
 
On May 4, 2015, the Company granted 40,000 stock options to four (4) of its Board of Advisors for compensation during the fiscal year 2015. The stock options were valued using the Black-Scholes option pricing model. Fair value of these options was calculated using the following inputs in the valuation model; 10-year term; $0.43 exercise price; common stock price of $0.10; risk free rate of 2.05% to 2.16% and volatility of 155%. The grant date fair value of the stock options was $3,897 and will vest on December 31, 2015. The Company recorded $1,299 of stock-based compensation expense during the six months ended June 30, 2015 in connection with these stock options. The remaining $2,598 of stock compensation expense will be expensed during the remainder of 2015.
 
NOTE 12 -FAIR VALUE MEASUREMENTS
 
The following table sets forth, by level within the fair value hierarchy, the Company’s financial assets and liabilities that were accounted for at fair value on a recurring basis as of September 30, 2015:
 
FAIR VALUE MEASUREMENTS
 
Quoted Prices In Active Markets for Identical Assets
   
Significant Other Observable Inputs
   
Significant Unobservable Inputs
   
Total Carrying Value as of September 30,
 
   
(Level 1)
   
(Level 2)
   
(Level 3)
   
2015
 
Variable conversion features- convertible debt derivatives
              $ 132,440     $ 32,440  
Total
  $ 0.00     $ 0.00     $ 132,440     $ 132,440  
 
The following table sets forth a reconciliation of changes in the fair value of financial liabilities classified as level 3 in the fair value hierarchy:

   
Significant Unobservable Inputs (Level 3)
 
   
Three Months Ended September 30,
 
   
2015
   
2015
 
Beginning balance
  $ -     $ -  
Additions
  $ 80,000     $ -  
Change in fair value
  $ 52,440     $ -  
Ending balance
  $ 132,440     $ -  
                 
Change in unrealized loss included in earnings
  $ 52,440     $ -  
 
 
F-12

 
 
NOTE 13 – SUBSEQUENT EVENTS

On October 2, 2015 the Company cancelled its Memorandum of Understanding with Ascot Industrial.

On October 2, 2015 the Company delayed its product launch of the MESS system due to a system enhancement.  The product launch is now scheduled for first quarter 2016.

On October 22, 2015, the Company granted 18,000 stock options fully vested in aggregate to certain employees in exchange for services.

On October 27, 2015, the Company entered into a Promissory Note with the Company’s CFO in the amount of $6,866.00 and accrues an annual interest rate of 8%, both principle and interest are due upon demand from lender.  The Promissory note was issued in exchange for a portion of the CFO’s salary for the month of October 2015.

On October 30, 2015 the Company entered into a non-exclusive Financial Advisory Agreement with Ardour Capital Investments, LLC and will focus on assisting the Company in its strategies for maximizing shareholder value through its full scope of investment banking services.  The Company issued an up front payment of $5,000 as a retainer and agrees to a monthly payments of $10,000 which will accrue and become payable upon a successful equity and/or debt financing.  In addition, the Company granted 25,000 shares of Common Stock fully vested.
 
 
F-13

 
Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations.
 
The following is management’s discussion and analysis of the consolidated financial condition and results of operations of Powerstorm Holdings, Inc. dba Powerstorm ESS. (“Powerstorm”, the “Company”, “we”, and “our”) for the three and six months ended September 30, 2015. This discussion contains forward-looking statements based upon current expectations that involve risks and uncertainties, such as its plans, objectives, expectations and intentions. Its actual results and the timing of certain events could differ materially from those anticipated in these forward-looking statements. The following information should be read in conjunction with the consolidated interim financial statements for the three and six months ended September 30, 2015 and notes thereto appearing elsewhere in this Quarterly Report on Form 10-Q (this “Report”).
 
Overview
 
Powerstorm intends to serve the strong, growing demand for off-grid, Micro Grid energy storage systems worldwide, and in particular in emerging markets, while helping bring power to the 1.3 billion people living in energy poverty with virtually no connection to the rest of the world. We are focused on developing and delivering innovative, power agnostic, best-in-class, green, turnkey power management and energy storage solutions such as our Modular Energy Storage Solution (“MESS”), and our residential solution, “zeroXess.”
 
Our Products
 
MESS
 
The MESS is a containerized and optimized hybrid energy storage solution that can provide renewable and reliable off-grid power. The MESS container has a diesel generator/alternator combined with our Lithium Ion battery-based system and powered by Solar and/or Wind Turbines. The MESS unit is equipped with our patent pending remote monitoring system, the “digital brain” that incorporates and covers the BMS, TMS and NMS. The MESS is plug-and-play and can be operational within a single day when set up and tested by technicians.
 
The MESS is designed to support rural communities and service providers such as telecom tower operators, data centers, mines and hospitals, each serving as anchor points for our entrance into the surrounding communities. Our customers will experience reduced dependence on increasingly expensive diesel fuel, reduced OPEX and CAPEX, reduced energy cost, longer system life, ease of expansion, upgrade and scalability, and overall stable and reliable energy flow.
 
A single MESS unit is capable of powering an entire rural community with green alternative energy, allowing for comprehensive ancillary augmentations that will expand into clean water, healthcare, Internet access, and other benefits. Given that our MESS units are plug and play and operational within twenty four hours of delivery, they make for a fantastic solution in humanitarian aid and relief efforts including disaster recovery, war zones, disease epidemics, etc. This supports the Company’s mission of making a difference. Our system has the capacity to immediately change the quality of life for users.
 
 
3

 
 
zeroXess
 
The zeroXess system is an off-grid solar lighting kit that is convenient and compact. It is powered by a 12 volt 4500 mAh lithium-ion battery pack and a 25-watt solar panel to provide renewable energy. The zeroXess system features an 8-hour battery life and 6 extra bright, 15-1 watt hanging LED lights, 4 USB chargers with AC adapter, external speakers and fully integrated and network connected interface for basic internet access. The systems have a sleek and stylish design and come in five (5) gorgeous colors.
 
The zeroXess system is capable of providing off-grid solar lighting for personal use in small houses in established and emerging rural markets, in humanitarian relief, disaster recovery efforts, and camping.
 
The Energy Storage Market
 
The Energy Storage Market is and will continue to be one of the fastest growing sectors. The off-grid base station power, or “the tower,” is anticipated to grow in revenue from $1.6B in 2012 to $10.5B in 2020 and micro-grid enabling technologies are projected to exceed $26B in annual revenue by 2023. Some reports suggest an even higher projected market growth. Global electricity demand is expected to rise by 40% from 2010 to 2040 as stated in the Navigant Research Report and Pike Report.
 
Energy storage is an increasingly important area of focus since traditional energy sources, like coal, oil, and gas, are consumed far too rapidly to be able to adequately balance electricity supply with the rising demand of the grid. The solution to these quickly exhaustive sources is portable and turnkey energy sources. Powerstorm, with its patent pending technology, intends to lead industry efforts to increase efficiency and provide improved renewable energy technology.
 
In addition to efficiency, there has also previously been the problem of accessibility. Rural communities in developing countries in Africa, Latin America and South-East Asia have historically not had access to an electricity grid to support their energy needs. Since the introduction of off-grid energy technologies, these areas are now able to have off-grid energy solutions with self-reliant micro grid systems that supply remote communities with basic energy needs. Recently, micro grid systems powered by renewable energy sources, such as solar power and wind turbines supported with Lithium Ion battery back-up systems, have become a more and more popular tool to address energy access challenges. The critical importance of energy storage technologies for both modern, developed energy infrastructure and energy access in underdeveloped areas of the world prompts Powerstorm to furnish leading energy storage technologies.
 
Our Market Strategy
 
Powerstorm is dedicated to making a difference in the world by providing power to the 1.3 billion that currently do not have power and by providing alternative off grid solutions to relieve the already overburdened existing grid system. To service this overwhelming energy crisis Powerstorm has created a comprehensive sales channel strategy designed to effectively create energy equality, driving rapid market adoption and create brand identity. The strategy is a three (3) pronged approach, wherein we utilize three (3) distribution channels: a) The “Anchor Point” that covers service providers such as telecom tower operators, MNO’s, datacenters, mines and hospitals, b) “Community Power” that covers multi-level government relations, humanitarian outreach organizations, world organizations and non-profits, and c) “VAR” – value added resellers.
 
Anchor Point(s)
 
The anchor point channel will be used as an initial point of sale allowing Powerstorm to provide our MESS solution and begin to build a presence in select regions. Once our MESS is installed within a region, our teams are then able to reach into local communities and create a network of energy storage systems to bring power to their cities. For distribution into our “Anchor Point” customers, management has existing relationships with key telecom tower operators and will target and sell our products into the “Anchor Point” customer such as the telecom tower operators, data centers, mines, and hospitals in the emerging markets. Their extensive knowledge of both the telecommunications industry and emerging market experience enables us to rapidly deploy all of our products into our initial targeted markets.
 
As an example of an anchor point, Powerstorm believes that due to the continued increase in subscribers for wireless personal telecommunication services in the rural markets telecommunication operators and wireless carriers will need to add a significant number of cell sites (towers) to maintain the performance of their networks in the areas they currently cover, and to extend service to new markets. Out of the five (5) million cellular towers worldwide, three (3) million are in emerging regions such as Africa and the Middle East. Of these, over one (1) million are tied to unstable grids and about 640,000 are off-grid. To maintain and grow this network, telecommunications operators must ensure access to energy sources, and must store, manage and deploy power efficiently and reliable. Equally driving the need for hybrid energy solutions is the demand for reduced OPEX and CAPEX costs as the telecom industry is experiencing a difficult time in sustaining margins with declining average revenue per unit (“ARPU”). Powerstorm is positioned to service the telecom operators’ need to significantly reduce operating and capital expenditure costs.
 
The need for cost-efficient solutions extends into other sectors as well. Current choices, such as diesel generators, have proven too costly to allow remote mines to operate, which has consequences for productivity, profitability, and Company security. Unreliability of energy has similar repercussions, as brownouts can result in losses in the millions. This is money that may be saved in the future with increased reliance on off-grid solutions.
 
Additionally, worker safety is at stake. Lack of access to energy in a remote mine means limited light and visibility, increasing risk of accidents. Unreliable energy translates into limited emergency medical care, which has the potential to seriously endanger lives. MESS’ features mean that it is an ideal solution for this type of environment, allowing mines to continue to operate productively and with significantly reduced hazards.
 
 
4

 
 
Like our other anchor points, data centers are currently growing at a rate that the grid is simply unable to support. With their growth outpacing their source of power, data centers are looking into off- grid options as potential backups. Data centers are particularly taxing on electricity grids. The nature of the work conducted by data centers means that they require uninterrupted power and these high power demands can cause problems, even necessitating grid shutdowns intermittently. Both expensive and inconvenient, this can be avoided with our MESS. For businesses of this nature that rely so heavily on energy for operation, benefits like cost savings, consistence of quality, and guarantee of power even during a grid disruption are all compelling reasons to consider a solution like the ones offered by Powerstorm.
 
Our potential anchor point clients are continuing to expand significantly into the emerging markets, in turn allowing Powerstorm to deliver MESS systems directly into an emerging market.
 
Community Power
 
In regards to the “Community Power” channel, the Company will leverage the anchor point customers’ energy access to develop relationships within the local, state and federal level governments within those regions and bring the energy storage systems to the communities. Additionally, the Company will be aggressively establishing relationships with key humanitarian, non-profit, and governmental agencies that focus on bringing a higher quality of life to individuals within the emerging markets. Given the stature of these relationships, a select group of the Company’s senior management will lead the initial development of these relationships while it seeks a seasoned sales personnel that is intimately experienced with the governmental agencies, organizations and the communities.
 
VAR’s and Distributors
 
The demand for power in rural regions is staggering. The energy storage solutions we offer, the MESS and the zeroXess, will drastically improve living conditions by increasing accessibility to hospitals, preventative medicine, long term care, clean water and sanitation, agriculture, education, commerce and telecommunications.
 
Powerstorm believes that a carefully identified set of VARs can serve as an extended sales team and lead the Company to an accelerated market expansion. The Company is currently identifying the VARs that best serve the Energy Storage Systems market. Senior management will lead the initial development of these relationships while it seeks seasoned sales personnel that are intimately experienced with VARs.
 
Plan of Operations
 
Powerstorm has identified its initial target market and vertical for the sale of its product in the near term:
 
 
1)
Areas in the world where energy is non-existent or unreliable and unstable (e.g., Africa, South East Asia, Middle East and Latin America). The first market of focus is North Eastern region of Africa including the Horn of Africa.
 
 
2)
The first target vertical within the market is the Telecom Operator which is primarily being powered by diesel generators and lead acid batteries in which case the displaced cost of energy include upfront cost of the equipment and ongoing operating cost of the generator and fuel.
 
Results of Operations            
 
   
Three Months Ended
   
Nine Months Ended
 
   
September
   
September
 
   
2015
   
2014
   
2015
   
2014
 
Revenues
  $ 160,925     $ 93,258     $ 189,055     $ 119,563  
Cost of revenues
    (143,510 )     (65,756 )     (143,510 )     (65,756 )
Operating expenses
            -               -  
General and administrative
    493,281       107,533       1,808,336       253,392  
Depreciation expense
    34,207       310       45,688       929  
Total operating expenses
    527,489       107,843       1,854,024       254,321  
Gain on settlement of accounts payable
    -       384       -       14,409  
Interest expense
    (32,126 )             (41,205 )     -  
Unrealized Gain/Loss on Derivative liability
    (11,245 )     -       (52,440 )     -  
Other income
    -       -       246       -  
Net loss
  $ (553,444 )   $ (79,957 )   $ (1,901,878 )   $ (186,105 )

 
5

 
 
For the three months ended September 30, 2015 and 2014
 
Revenues
 
The Company generated revenues from related party consulting services of $4,580 and $13,530 respectively, during the three months ended September 30, 2015 and 2014. The decrease was primarily due to the decrease in consultancy hours.

The company generated revenues from related party that served as a sales agent in the amount of $156,345 for three months ending September 30, 2015. The company generated revenues that served as sales of system in the amount of $79,728 for three months ending September 30, 2014.
 
Operating Expenses
 
We incurred total operating expenses of $527,488 and $107,843 for the three months ended September 30, 2015 and 2014. The increase was primarily due to an increase in share-based compensation. The remaining increase is attributed to an increase in marketing, independent contractor payments, audit, bookkeeping and legal and investor relation’s fees.
 
Net Loss
 
During the three months ended September 30, 2015 and 2014, we incurred a net loss of $553,444 and $79,957, respectively. The increase was primarily due to an increase in share-based compensation. The remaining increase is attributed to an increase in marketing, independent contractor payments, audit, bookkeeping and legal and investor relation’s fees.
 
For the nine months ended September 30, 2015 and 2014
 
Revenues
 
The Company generated revenues from related party consulting services of $32,710 and $39,835, respectively, for the nine months ended September 30, 2015 and 2014. The decrease was primarily due to the decrease in consultancy hours.
 
The company generated revenues from related party that served as a sales agent in the amount of $156,345 for nine months ending September 30, 2015. The company generated revenues that served as sales of system in the amount of $79,728 for nine months ending September 30, 2014.
 
Operating Expenses
 
We incurred total operating expenses of $1,854,024 and $254,321, respectively for the nine months ended September 30, 2015 and 2014. The increase was primarily due to an increase in share-based compensation. The remaining increase is attributed to an increase in marketing, independent contractor payments, audit, bookkeeping and legal and investor relation’s fees.
 
Net Loss
 
During the nine months ended September 30, 2015 and 2014 we incurred a net loss of $1,901,878 and $186,105. The increase was primarily due to an increase in share-based compensation. The remaining increase is attributed to an increase in marketing, independent contractor payments, audit, bookkeeping and legal and investor relation’s fees.
 
 
6

 
 
Liquidity and Capital Resources
 
Our financial condition as of September 30, 2015 and December 31, 2014 is summarized as follows:

Working Capital:
           
   
September 30, 2015
   
December 31, 2014
 
Current Assets
  $ 82,099     $ 2,771  
Current Liabilities
    (843,120 )     (94,186 )
Working Capital deficit
  $ (761,021 )   $ (91,415 )
 
 Cash Flows:
               
   
Nine Months Ended
   
Nine Months Ended
 
   
September 30, 2015
   
September 30, 2014
 
Cash used in operating activities
  $ (338,841 )   $ (152,441 )
Cash used in investing activities
    (12,665 )     (1,784 )
Cash provided by financing activities
    352,821       157,011  
Net increase (decrease) in cash
  $ 1,315     $ 2,786  
 
We have incurred an accumulated loss of $6,136,389 since inception and we had a working capital deficit of $761,021 as of September 30, 2015, which indicates substantial doubt as to our ability to continue as a going concern. The Company received cash proceeds of $80,000 from a convertible note to fund research, development, selling, and general administrative expenses while management continues to pursue additional financing options.
 
From inception to date, our founders have made contributions to fund our operations. We will be required to raise additional capital over the next twelve months to meet our current administrative expenses.
 
We plan to secure financing through the issuance of equity or debt. If we are not able to generate sufficient funds from any private placement, public offerings, or bank financings, we will need to raise additional working capital through other sources.
 
Our resources were insufficient to effectuate our inaugural business plan dated October 10, 2011, that extended through the period ending September 30, 2015. We expect to incur a minimum of $1,500,000 in operating expenses during the subsequent 12 months of operations.
 
We had previously indicated that we would have to raise the funds to pay for these expenses. We may have to borrow money from founders or shareholders, issue debt or equity, or enter into a strategic arrangement with a third party. There is no assurance that we will secure additional capital. There currently are no agreements, arrangements, or understandings that would enable us to obtain funds through bank loans, lines of credit, or any other source. If we are unable to raise funds for acquisitions it will have a severe negative impact on our ability to execute our business plans.

Off-Balance Sheet Arrangements
 
We have no off-balance sheet arrangements.
 
 
7

 
 
Critical Accounting Policies and Estimates
 
The preparation of financial statements in conformity with generally accepted accounting principles requires management to select appropriate accounting policies and to make estimates and assumptions that affect the reported amounts of assets, liabilities, revenues and expenses.
 
Intangible Assets
 
The Company’s intangible assets consist of patents and trademarks with indefinite life. The Company capitalizes the filing and legal fees related to the patents and trademark registrations, which totaled $18,663 and $8,965 as of September 30, 2015 and December 31, 2014, respectively. The Company reviews its indefinite-lived intangible assets for impairment whenever events or circumstances indicate that the carrying amount of an asset may not be recoverable. The Company assesses recoverability by reference to future cash flows from the products underlying these intangible assets. If these estimates change in the future, the Company may be required to record impairment charges for these assets. As of September 30, 2015 and December 31, 2014, no impairment was recorded.
 
Revenue Recognition
 
The Company’s revenue generated consisted of revenues from consulting services from a related party. Revenue is recognized at the time when a price is fixed and determinable, persuasive evidence of an arrangement exists, the service has been rendered, and collectability is assured.
 
Share-Based Compensation
 
Compensation expense for all share-based payment awards made to employees and directors are recognized in the financial statements based on their fair value. The Company measures share-based compensation to consultants and recognizes the fair value of the award over the period the services are rendered or goods are provided.
 
The Company uses the Black-Scholes option-pricing model to estimate the fair value of stock options. The fair value is recognized as expense, net of estimated forfeitures, over the requisite service period, which is generally the vesting periods or the period before the vesting date of the respective award on a straight- line basis.
 
Item 3. Quantitative and Qualitative Disclosures About Market Risk.
 
We are a smaller reporting company as defined by Rule 12b-2 of the Exchange Act and are not required to provide the information under this item.
 
Item 4. Controls and Procedures.
 
(a) Evaluation of disclosure controls and procedures
 
Pursuant to Rule 13a-15(b) under the Securities Exchange Act of 1934 (“Exchange Act”), the Company carried out an evaluation, with the participation of the Company’s management, including the Company’s principal executive officer and principal financial officer, of the effectiveness of the Company’s disclosure controls and procedures (as defined under Rule 13a-15(e) under the Exchange Act) as of the end of the period covered by this report. Based upon that evaluation, the Company’s principal executive officer and principal financial officer concluded that the Company’s disclosure controls and procedures are not effective to ensure that information required to be disclosed by the Company in the reports that the Company files or submits under the Exchange Act, is recorded, processed, summarized and reported, within the time periods specified in the SEC’s rules and forms, and that such information is accumulated and communicated to the Company’s management, including the Company’s principal executive officer and principal financial officer, as appropriate, to allow timely decisions regarding required disclosure.
 
 
1)
Insufficient segregation of duties. We did not sufficiently segregate duties over incompatible functions at our corporate headquarters.
 
 
2)
Audit Committee and Financial Expert. The Company does not have a formal audit committee with a financial expert, and thus the Company lacks the board oversight role within the financial reporting process.
 
(b) Changes in Internal Control over Financial Reporting
 
The Company has hired an internal accountant during the period ending September 30, 2015. There were no changes in our internal control over financial reporting during the nine months ended September 30, 2015 that materially affected, or are reasonably likely to materially affect, the Company’s internal control over financial reporting.
 
Because of inherent limitations, a system of internal control over financial reporting may not prevent or detect misstatements. Also, projections of any evaluation of effectiveness to future periods are subject to the risk that controls may become inadequate due to change in conditions, or that the degree of compliance with the policies or procedures may deteriorate.
 
 
8

 
 
PART II. - OTHER INFORMATION
 
Item 1. Legal Proceedings
 
We are currently not involved in any litigation that we believe could have a material adverse effect on our financial condition or results of operations. There is no action, suit, proceeding, inquiry or investigation before or by any court, public board, government agency, self-regulatory organization or body pending or, to the knowledge of the executive officers of our company or any of our subsidiaries, threatened against or affecting our company, our common stock, any of our subsidiaries or of our companies or our subsidiaries’ officers or directors in their capacities as such, in which an adverse decision could have a material adverse effect.
 
Item 1A. Risk Factors
 
We are a smaller reporting company as defined by Rule 12b-2 of the Exchange Act and are not required to provide the information under this item.
 
Item 2. Unregistered Sales of Equity Securities and Use of Proceeds
 

During September 2015, the company issued 20,000 shares of common stock fully vested to Shailesh Upreti in exchange for consulting services described in Note 11.

During September 2015, the company issued 15,000 shares of common stock fully vested to Gregg Jaclin in exchange for services described in Note 11.

During September 2015, the Company issued 47,769 shares of common stock to Szaferman, Lakind, Blumstein, Blader, P.C in satisfaction of the outstanding accounts payable described in Note 11.

During August 2015, the company issued 150,000 shares of common stock fully vested to The Governance Box in exchange for consulting services described in Note 11.

On July 1, 2015, the Company issued 100,000 shares of common stock to The Brewer Group as further described in Note 11

On June 30, 2015, the Company issued 266,667 shares of common stock to a Carmelia Lau as reimbursement for $80,000 of advances and payments made by Michel J. Freni and KeyMedia Management Ltd on behalf of the Company.
 
On June 24, 2015, the Company issued 50,000 shares of common stock to Michael and Pat Porter as compensation for Michael Porter’s services performed as director of the Company.
 
On May 18, 2015, the Company issued 217,402 shares of common stock to a related party, KeyMedia Management, Ltd., as reimbursement for $108,701 of advances and payments made on behalf of the Company.
 
On April 9, 2015, the Company issued 100,000 shares of common stock to The Brewer Group as further described in Note 11.
 
On March 31, 2015, the Company issued 33,045 shares of common stock to a related party for $33,045 of advances and payments made on behalf of the Company.
 
On April 9, 2015, the Company granted 213,000 stock options to the various independent contractors, independent consultants and advisors. The stock options were valued using the Black-Scholes option pricing model. Fair value of these options was calculated using the following inputs in the valuation model; 10-year term; $0.43 exercise price; common stock price of $1.50; risk free rate of 1.97% and volatility of 156%. The grant date fair value of the stock options was $163,770.00. The stocks option grants have various vesting schedules as approved by the Board of Directors, of which 43,000 stock options vested during quarter ending June 30, 2015, 20,000 will vest on December 31, 2015 and the remaining 150,000 vest in quarterly installments April 1, 2015, July 1, 2015, October 1, 2015 and January 1, 2016.
 
 
9

 
 
On April 10, 2015, the Company granted 400,000 stock options to The Brewer Group for Business Development and Marketing Services that will vest on January 1, 2016. The stock options were valued using the Black-Scholes option pricing model. Fair value of these options was calculated using the following inputs in the valuation model; 10-year term; $0.43 exercise price; common stock price of $0.78; risk free rate of 1.96% and volatility of 156%. The grant date fair value of the stock options was $307,532.00.
 
On May 4, 2015, the Company granted 40,000 stock options to four (4) of its Board of Advisors for compensation during the fiscal year 2015. The stock options were valued using the Black-Scholes option pricing model. Fair value of these options was calculated using the following inputs in the valuation model; 10-year term; $0.43 exercise price; common stock price of $0.10; risk free rate of 2.05% to 2.16% and volatility of 155%. The grant date fair value of the stock options was $3,897.00 and the stock options will vest on December 31, 2015.
 
On June 16, 2015, the Company closed a financing transaction pursuant to a Securities Purchase Agreement, dated June 12, 2015 (“Securities Purchase Agreement”) and Convertible Promissory Note, dated June 12, 2015 (the “Note”), each entered into by the Company and Carebourn Capital, L.P. (the “Purchaser”). Pursuant to the Securities Purchase Agreement, the aggregate principal amount of the 10% convertible note is $87,000 and, as described below, the purchase price of the Note is $80,000.
 
The terms of the Note are as follows:
 
The Note, dated June 12, 2015 (the “Issue Date”), earns interest at an annual rate equal to 10% and provides for a maturity date of February 16, 2016. Any amount of principal or interest not paid when due will bear interest at an annual rate of 22% applied from the due date until the date of payment. The Note carries an original issue discount of $4,000. As described above, the Company agrees to pay the Purchaser $3,000 to cover certain fees incurred in connection with the Securities Purchase Agreement and Note. The original issue discount and the amount for fees are included the initial principal amount of the Note. As a result, the purchase price of the Note is $80,000, which is an aggregate $87,000 in initial principal balance, less the $4,000 original issue discount and $3,000 in fees.
 
The conversion price is equal to 57% multiplied by the average of the lowest three trading prices for the Company’s common stock during the 10-day period ending on the latest complete trading day prior to the date of conversion (represents a 43% discount). The convertibility of the Note may be limited if, upon conversion, the Purchaser or any of its affiliates would beneficially own more than 4.99% of the Company’s common stock. While the Purchaser’s conversion rights exist, the Company will reserve a sufficient number of shares from its authorized and unissued shares of common stock to provide for the issuance of common stock upon the full conversion of the Note.
 
The Company may prepay the Note in full by paying off all principal, interest and any other amounts owing multiplied by (i) 125% if prepaid during the period commencing on the Issue Date through 30 days thereafter, (ii) 130% if prepaid between 31 days and 60 days following the Issue Date, (iii) 135% if prepaid between 61 days and 90 days following the Issue Date, (iv) 140% if prepaid between 91 days and 120 days following the Issue Date, (v) 140% if prepaid between 121 days and 150 days following the Issue Date, and (vi) 140% if prepaid between 151 days and 180 days following the Closing Date. After the expiration of 180 days following the Issue Date, the Company has no right of prepayment.
 
The above issuances of shares are exempt from registration, pursuant to Section 4(2) of the Securities Act. These securities qualified for exemption under Section 4(2) of the Securities Act since the issuance securities by us did not involve a public offering. The offering was not a “public offering” as defined in Section 4(2) due to the insubstantial number of persons involved in the deal, size of the offering, manner of the offering and number of securities offered. We did not undertake an offering in which we sold a high number of securities to a high number of investors. In addition, these stockholders had the necessary investment intent as required by Section 4(2) since they agreed to and received share certificates bearing a legend stating that such securities are restricted pursuant to Rule 144 of the Securities Act. This restriction ensures that these securities would not be immediately redistributed into the market and therefore not be part of a “public offering.” Based on an analysis of the above factors, we have met the requirements to qualify for exemption under Section 4(2) of the Securities Act for this transaction.
 
 
10

 
Item 3. Defaults upon Senior Securities
 
None.
 
Item 4. Mine Safety Disclosures
 
Not applicable.
 
Item 5. Other information
 
None.
 
Item 6. Exhibits
 
Exhibits
   
     
 
Certification of Principal Executive Officer of the Registrant pursuant to 18 U.S.C. Section 1350 as adopted pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.
     
 
Certification of Principal Financial Officer of the Registrant pursuant to 18 U.S.C. Section 1350 as adopted pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.
     
101.INS
 
XBRL Instance Document
     
101.SCH
 
XBRL Taxonomy Schema
     
101.CAL
 
XBRL Taxonomy Calculation Linkbase
     
101.DEF
 
XBRL Taxonomy Definition Linkbase
     
101.LAB
 
XBRL Taxonomy Label Linkbase
     
101.PRE  
 
XBRL Taxonomy Presentation Linkbase
 
 
11

 
 
SIGNATURES
 
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
 
 
POWERSTORM HOLDINGS, INC.
     
Date: November 16, 2015
   
     
 
By:
/s/ Michel J. Freni
   
Michel J. Freni
   
Chief Executive Officer
   
(Principal Executive Officer)
     
Date: November 16, 2015
   
     
 
By:  
/s/ Kirstin L. Gooldy
   
Kirstin L. Gooldy
   
Chief Financial Officer
   
(Principal Financial Officer)
 
 
 
12

 
EX-31.1 2 psto_ex311.htm CERTIFICATION psto_ex311.htm
Exhibit 31.1
 
CERTIFICATION
OF PRINCIPAL EXECUTIVE OFFICER
PURSUANT TO EXCHANGE ACT RULE 13a-14(a)/15d-14(a)
AS ADOPTED PURSUANT TO SECTION 302 OF
THE SARBANES-OXLEY ACT OF 2002

I, Michel Freni that:
 
1.
I have reviewed this Quarterly Report on Form 10-Q of Powerstorm Holdings, Inc.;
     
2.
Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;
     
3.
Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;
     
4.
The registrant’s other certifying officer and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13-a-15(f) and 15d-15(f)) for the registrant and have:
     
  (a)
Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;
     
  (b)
Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principals;
     
  (c)
Evaluated the effectiveness of the registrant’s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and
     
  (d)
Disclosed in this report any change in the registrant’s internal control over financing reporting that occurred during the registrant’s most recent fiscal quarter that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting; and
     
5.
The registrant’s other certifying officer and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant’s auditors and the audit committee of the registrant’s board of directors (or persons performing the equivalent functions):
     
  (a)
All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant’s ability to record, process, summarize and report financial information; and
     
  (b)
Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant’s internal control over financial reporting.
 
Date: November 16, 2015
 
/s/ Michel Freni
Michel Freni
Chief Executive Officer
(Principal Executive Officer)
EX-31.2 3 psto_ex312.htm CERTIFICATION psto_ex312.htm
Exhibit 31.2
CERTIFICATION
OF PRINCIPAL FINANCIAL OFFICER
PURSUANT TO EXCHANGE ACT RULE 13a-14(a)/15d-14(a)
AS ADOPTED PURSUANT TO SECTION 302 OF
THE SARBANES-OXLEY ACT OF 2002
 
I, Kirstin Gooldy that:

1.
I have reviewed this Quarterly Report on Form 10-Q of Powerstorm Holdings, Inc.;
     
2.
Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;
     
3.
Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;
     
4.
The registrant’s other certifying officer and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13-a-15(f) and 15d-15(f)) for the registrant and have:
     
  (a)
Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;
     
  (b)
Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principals;
     
  (c)
Evaluated the effectiveness of the registrant’s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and
     
  (d)
Disclosed in this report any change in the registrant’s internal control over financing reporting that occurred during the registrant’s most recent fiscal quarter that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting; and
     
5.
The registrant’s other certifying officer and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant’s auditors and the audit committee of the registrant’s board of directors (or persons performing the equivalent functions):
     
  (a)
All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant’s ability to record, process, summarize and report financial information; and
     
  (b)
Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant’s internal control over financial reporting.
 
 
Date: November 16, 2015
 
/s/ Kirstin Gooldy
Chief Financial Officer

EX-101.INS 4 cik1558294-20150930.xml 0001558294 2015-09-30 0001558294 2014-12-31 0001558294 2015-07-01 2015-09-30 0001558294 2014-07-01 2014-09-30 0001558294 2015-01-01 2015-09-30 0001558294 2014-01-01 2014-09-30 0001558294 2013-12-31 0001558294 2014-09-30 0001558294 us-gaap:LeaseholdImprovementsMember 2014-12-31 0001558294 cik1558294:EquipmentFurnitureAndFixturesMember 2015-01-01 2015-09-30 0001558294 cik1558294:ComputersAndSoftwareMember 2015-01-01 2015-09-30 0001558294 us-gaap:LeaseholdImprovementsMember 2015-01-01 2015-09-30 0001558294 cik1558294:EquipmentFurnitureAndFixturesMember 2015-09-30 0001558294 cik1558294:EquipmentFurnitureAndFixturesMember 2014-12-31 0001558294 cik1558294:ComputersAndSoftwareMember 2015-09-30 0001558294 cik1558294:ComputersAndSoftwareMember 2014-12-31 0001558294 us-gaap:LeaseholdImprovementsMember 2015-09-30 0001558294 us-gaap:ChiefExecutiveOfficerMember 2015-01-01 2015-09-30 0001558294 us-gaap:ConvertibleDebtMember 2014-12-31 0001558294 us-gaap:ConvertibleDebtMember 2015-01-01 2015-09-30 0001558294 us-gaap:ConvertibleDebtMember 2015-09-30 0001558294 us-gaap:ChiefFinancialOfficerMember 2015-01-01 2015-09-30 0001558294 2015-06-30 0001558294 2014-06-30 0001558294 us-gaap:FairValueInputsLevel1Member 2015-09-30 0001558294 us-gaap:FairValueInputsLevel2Member 2015-09-30 0001558294 us-gaap:FairValueInputsLevel3Member 2015-09-30 0001558294 2015-11-16 0001558294 cik1558294:AntiDilutiveStockOptionsMember 2015-01-01 2015-09-30 iso4217:USD iso4217:USD xbrli:shares xbrli:shares xbrli:pure 2066 2276 82099 2771 58619 4555 18663 8965 2500 2500 161881 18791 265857 61141 275863 0 843120 94186 66469 0 909589 94186 22628 21506 5366053 4137610 -6136389 -4234511 -747708 -75395 161881 18791 35216 0 0 0 0 0 0 0 22628578 21506195 22628578 21506195 0 1191 5608 49823 2183 6530 48924 3236 132440 0 0 132440 false --12-31 2015-09-30 Smaller Reporting Company Powerstorm Holdings, Inc. 0001558294 2015 Q3 10-Q 22545809 78223 0 1810 495 7543 10329 132440 0 0 132440 18668 0 22502 0 2540 0 17415 27502 45545 53807 160925 93258 189055 119563 -510073 -80341 -1808479 -200514 527488 107843 1854024 254321 34207 310 45688 929 493281 107533 1808336 253392 22339895 20853957 21604199 20614968 -0.02 -0.00 0.09 -0.01 -553444 -79957 -1901878 -186105 -11245 0 -52440 0 -52440 32126 0 41205 0 0 384 0 14409 0 0 246 0 -338841 -152441 204716 -30484 3231 0 18668 0 -210 253 275863 0 0 14409 32625 0 2968 0 9697 1784 -12665 -1784 352821 157011 280635 0 80000 0 0 157011 7814 0 1315 2786 0 0 0 0 188217 25100 0 136735 221229 0 87000 0 96785 0 256272 1500 34526 0 143510 65756 143510 65756 -78223 -4846 <p style="font: 8pt Times New Roman, Times, Serif; margin: 0">Powerstorm Capital Corp. was formed on October 11, 2011 in the state of Delaware. On February 25, 2015, Powerstorm Capital Corp. filed a Certificate of Amendment to the Certificate of Incorporation changing its name to Powerstorm Holdings, Inc. (&#147;we&#148;, &#147;Powerstorm&#148; or the &#147;Company&#148;). The Company intends to be a manufacturer of hybrid energy storage systems that provides reliable off-grid solutions to: a) service providers such as telecom tower operators, managed network operators (MNOs), data centers, mining companies, hospitals, b) rural communities within the emerging markets and, c) the residential/home use and serves disaster recovery requirements.</p> <p style="font: 8pt Times New Roman, Times, Serif; margin: 0"><b>Basis of Presentation</b></p> <p style="font: 8pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><b>&#160;</b></p> <p style="font: 8pt Times New Roman, Times, Serif; margin: 0">The accompanying interim unaudited financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (&#147;GAAP&#148;) for interim financial information and on the same basis as the annual audited financial statements. In the opinion of management, these financial statements include all adjustments, which, unless otherwise disclosed, are of a normal recurring nature, necessary for a fair presentation of the financial position, results of operations, and cash flows for the periods presented. The results of interim periods are not necessarily indicative of results for the entire year. The balance sheet at December 31, 2014 has been derived from audited financial statements; however, the notes to the financial statements do not include all of the information and notes required by GAAP for complete financial statements. The accompanying interim unaudited financial statements should be read in conjunction with the financial statements and notes thereto for the period ended December 31, 2014, included in the Form 10-K filed with the SEC on April 8, 2015.</p> <p style="font: 8pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><b>&#160;</b></p> <p style="font: 8pt Times New Roman, Times, Serif; margin: 0"><b>Use of Estimates</b></p> <p style="font: 8pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><b>&#160;</b></p> <p style="font: 8pt Times New Roman, Times, Serif; margin: 0">The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.</p> <p style="font: 8pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><b>&#160;</b></p> <p style="font: 8pt Times New Roman, Times, Serif; margin: 0"><b>Reclassifications</b></p> <p style="font: 8pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><b>&#160;</b></p> <p style="font: 8pt Times New Roman, Times, Serif; margin: 0">Certain accounts in the prior period were reclassified to conform to the current period financial statement presentation.</p> <p style="font: 8pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&#160;</p> <p style="font: 8pt Times New Roman, Times, Serif; margin: 0"><b>Cash and Cash Equivalents</b></p> <p style="font: 8pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><b>&#160;</b></p> <p style="font: 8pt Times New Roman, Times, Serif; margin: 0">The Company considers all highly liquid, short-term investments purchased with an original maturity of three months or less to be cash equivalents. These investments are carried at cost, which approximates fair value.</p> <p style="font: 8pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><b>&#160;</b></p> <p style="font: 8pt Times New Roman, Times, Serif; margin: 0"><b>Intangible Assets</b></p> <p style="font: 8pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><b>&#160;</b></p> <p style="font: 8pt Times New Roman, Times, Serif; margin: 0">The Company&#146;s intangible assets consist of patents and trademarks with indefinite lives. The Company capitalizes the filing and legal fees related to the patent and trademark registrations, which totaled $18,663 and $8,965 as of September 30, 2015 and December 31, 2014, respectively.</p> <p style="font: 8pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&#160;</p> <p style="font: 8pt Times New Roman, Times, Serif; margin: 0">The Company reviews its indefinite-lived intangible assets for impairment whenever events or circumstances indicate that the carrying amount of an asset may not be recoverable. The Company assesses recoverability by reference to future cash flows from the products underlying these intangible assets. If these estimates change in the future, the Company may be required to record impairment charges for these assets. As of September 30, 2015 and December 31, 2014, no impairment was recorded.</p> <p style="font: 8pt Times New Roman, Times, Serif; margin: 0">&#160;</p> <p style="font: 8pt Times New Roman, Times, Serif; margin: 0"><b>Fixed Assets</b></p> <p style="font: 8pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><b>&#160;</b></p> <p style="font: 8pt Times New Roman, Times, Serif; margin: 0">Furniture and office equipment is stated at cost and depreciated using the straight-line method over 7 years, the estimated useful life of the asset. Computers and software developed or obtained for internal use are depreciated using the straight-line method over the estimated useful life of 5 years. Office leasehold improvements are amortized over 6 years, the term of the lease. Repairs and maintenance are expensed as incurred.</p> <p style="font: 8pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&#160;</p> <p style="font: 8pt Times New Roman, Times, Serif; margin: 0"><font style="background-color: white"><b>Accounting for Derivative Liabilities</b></font></p> <p style="font: 8pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&#160;</p> <p style="font: 8pt Times New Roman, Times, Serif; margin: 0"><font style="background-color: white">The Company evaluates stock options, stock warrants or other contracts to determine if those contracts or embedded components of those contracts qualify as derivatives to be separately accounted for under the relevant sections of ASC Topic 815-40,&#160;<i>Derivative Instruments and Hedging: Contracts in Entity&#146;s Own Equity</i>. The result of this accounting treatment could be that the fair value of a financial instrument is classified as a derivative instrument and is marked-to-market at each balance sheet date and recorded as a liability. In the event that the fair value is recorded as a liability, the change in fair value is recorded in the statement of operations as other income or expense. Upon conversion or exercise of a derivative instrument, the instrument is marked to fair value at the conversion date and then that fair value is reclassified to equity. Financial instruments that are initially classified as equity that become subject to reclassification under ASC Topic 815-40 are reclassified to a liability account at the fair value of the instrument on the reclassification date.</font></p> <p style="font: 8pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><b>&#160;</b></p> <p style="font: 8pt Times New Roman, Times, Serif; margin: 0"><b>Income Taxes</b></p> <p style="font: 8pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><b>&#160;</b></p> <p style="font: 8pt Times New Roman, Times, Serif; margin: 0">The Company uses the asset and liability method in accounting for income taxes. Under this method, deferred tax assets and liabilities are determined based on differences between financial reporting and income tax carrying amounts of assets and liabilities and are measured using the enacted tax rates and laws that will be in effect when the differences are expected to reverse. The Company reviews deferred tax assets for a valuation allowance based upon whether it is more likely than not that the deferred tax asset will be fully realized. A valuation allowance, if necessary, is provided against deferred tax assets, based upon management&#146;s assessment as to their realization.</p> <p style="font: 8pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><b>&#160;</b></p> <p style="font: 8pt Times New Roman, Times, Serif; margin: 0"><b>Revenue Recognition</b></p> <p style="font: 8pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><b>&#160;</b></p> <p style="font: 8pt Times New Roman, Times, Serif; margin: 0">The Company&#146;s revenue generated consisted of revenues from consulting services from a related party. Revenue is recognized at the time when a price is fixed and determinable, persuasive evidence of an arrangement exists, the service has been rendered, and collectability is assured.</p> <p style="font: 8pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><b>&#160;</b></p> <p style="font: 8pt Times New Roman, Times, Serif; margin: 0"><b>Share-Based Compensation</b></p> <p style="font: 8pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><b>&#160;</b></p> <p style="font: 8pt Times New Roman, Times, Serif; margin: 0">The Company amortizes the cost of services received in exchange for equity instruments based on the grant date fair value of such instruments over the service period.</p> <p style="font: 8pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><b>&#160;</b></p> <p style="font: 8pt Times New Roman, Times, Serif; margin: 0">Equity instruments issued to parties other than employees for acquiring goods or services are recorded at either the fair value of the consideration received or the fair value of the instruments issued in exchange for such services, whichever is more reliably measurable.</p> <p style="font: 8pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&#160;</p> <p style="font: 8pt Times New Roman, Times, Serif; margin: 0"><b>Fair Value Measurements</b></p> <p style="font: 8pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&#160;</p> <p style="font: 8pt Times New Roman, Times, Serif; margin: 0">As defined in FASB ASC Topic No. 820 &#150; 10, fair value is the price that would be received upon the sale of an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. FASB ASC Topic No. 820 &#150; 10 requires disclosure that establishes a framework for measuring fair value and expands disclosure about fair value measurements. The statement requires fair value measurements be classified and disclosed in one of the following categories:</p> <p style="font: 8pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&#160;</p> <table cellspacing="0" cellpadding="0" style="width: 100%"> <tr style="vertical-align: top"> <td style="width: 10%; font: 8pt Times New Roman, Times, Serif"><font style="font-size: 8pt">Level 1:</font></td> <td style="width: 90%; font: 8pt Times New Roman, Times, Serif"><font style="font-size: 8pt">Unadjusted quoted prices in active markets that are accessible at the measurement date for identical, unrestricted assets or liabilities. The Company considers active markets as those in which transactions for the assets or liabilities occur in sufficient frequency and volume to provide pricing information on an ongoing basis.</font></td></tr> </table> <p style="font: 8pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&#160;</p> <p style="font: 8pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"></p> <table cellspacing="0" cellpadding="0" style="width: 100%"> <tr style="vertical-align: top"> <td style="width: 10%; font: 8pt Times New Roman, Times, Serif"><font style="font-size: 8pt">Level 2:</font></td> <td style="width: 90%; font: 8pt Times New Roman, Times, Serif"><font style="font-size: 8pt">Quoted prices in markets that are not active, or inputs which are observable, either directly or indirectly, for substantially the full term of the asset or liability. This category includes those derivative instruments that the Company values using observable market data. Substantially all of these inputs are observable in the marketplace throughout the term of the derivative instruments, can be derived from observable data, or supported by observable levels at which transactions are executed in the marketplace.</font></td></tr> </table> <p style="font: 8pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"></p> <p style="font: 8pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&#160;</p> <p style="font: 8pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"></p> <table cellspacing="0" cellpadding="0" style="width: 100%"> <tr style="vertical-align: top"> <td style="width: 10%; font: 8pt Times New Roman, Times, Serif"><font style="font-size: 8pt">Level 3:</font></td> <td style="width: 90%; font: 8pt Times New Roman, Times, Serif"><font style="font-size: 8pt">Measured based on prices or valuation models that require inputs that are both significant to the fair value measurement and less observable from objective sources (i.e. supported by little or no market activity). The Company&#146;s valuation models are primarily industry standard models. Level 3 instruments include derivative warrant instruments. The Company does not have sufficient corroborating evidence to support classifying these assets and liabilities as Level 1 or Level 2.</font></td></tr> </table> <p style="font: 8pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&#160;</p> <p style="font: 8pt Times New Roman, Times, Serif; margin: 0">As required by FASB ASC Topic No. 820 &#150; 10, financial assets and liabilities are classified based on the lowest level of input that is significant to the fair value measurement. The Company&#146;s assessment of the significance of a particular input to the fair value measurement requires judgment, and may affect the valuation of the fair value of assets and liabilities and their placement within the fair value hierarchy levels. The estimated fair value of the variable feature convertible debt instrument was calculated using the black scholes model.</p> <p style="font: 8pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&#160;</p> <p style="font: 8pt Times New Roman, Times, Serif; margin: 0"><b>Net Loss per Common Share</b></p> <p style="font: 8pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><b>&#160;</b></p> <p style="font: 8pt Times New Roman, Times, Serif; margin: 0">Basic net loss per common share is computed by dividing net loss by the weighted-average number of common shares outstanding during the period. Diluted net loss per common share is determined using the weighted-average number of common shares outstanding during the period, adjusted for the dilutive effect of common stock equivalents. In periods when losses are reported, the diluted weighted-average number of common shares outstanding excludes common stock equivalents because their inclusion would be anti-dilutive. At September 30, 2015, the Company had 2,243,616 stock options and 1,682,785 shares issuable upon the conversion of convertible debt that would have been included in its calculation of diluted net loss per common share if they were not anti-dilutive.<b>&#160;</b></p> <p style="font: 8pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&#160;</p> <p style="font: 8pt Times New Roman, Times, Serif; margin: 0"><b>Recent Accounting Pronouncements</b></p> <p style="font: 8pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><b>&#160;</b></p> <p style="font: 8pt Times New Roman, Times, Serif; margin: 0">Recently issued or adopted accounting pronouncements are not expected to, or did not have, a material impact on our financial position, results of operations or cash flows.</p> <p style="font: 8pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&#160;</p> <p style="font: 8pt Times New Roman, Times, Serif; margin: 0"><b>Subsequent Events</b></p> <p style="font: 8pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&#160;</p> <p style="font: 8pt Times New Roman, Times, Serif; margin: 0">The Company evaluates subsequent events through the date when financial statements are issued for disclosure consideration.</p> <p style="font: 8pt Times New Roman, Times, Serif; margin: 0"><font style="font: 8pt Times New Roman, Times, Serif">The accompanying financial statements were prepared in conformity with GAAP, which contemplates continuation of the Company as a going concern and depends upon the Company&#146;s ability to establish itself as a profitable business. The Company is an early stage company and has incurred an accumulated loss of $6,136,389 since inception.&#160;The Company has negative working capital of $760,020 and will require additional funds to finance its business plan for the next twelve months.&#160;Due to the early stage of the Company, the Company expects to incur additional losses in the immediate future. The Company&#146;s ability to continue as a going concern is dependent upon its ability to generate future profitable operations and/or obtain the necessary financing to meet its obligations and repay its liabilities arising from normal business operations when they become due.&#160;To date, the Company&#146;s founders have provided funding for operations until the Company raises sufficient capital to provide for the first-year operating expenses.</font></p> <p style="font: 8pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><font style="font: 8pt Times New Roman, Times, Serif">&#160;</font></p> <p style="font: 8pt Times New Roman, Times, Serif; margin: 0"><font style="font: 8pt Times New Roman, Times, Serif">The Company is planning to obtain financing either through the issuance of equity or debt. To the extent that funds generated from any private placements, public offerings, and/or bank financings are insufficient, the Company will have to raise additional working capital through other sources.</font></p> <table cellspacing="0" cellpadding="0" style="font: 8pt Times New Roman, Times, Serif; width: 100%"> <tr style="vertical-align: bottom"> <td style="padding-bottom: 1.5pt">&#160;</td> <td style="padding-bottom: 1.5pt">&#160;</td> <td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center"><font style="font-size: 8pt"><b>September 30, 2015</b></font></td> <td nowrap="nowrap" style="padding-bottom: 1.5pt">&#160;</td> <td style="padding-bottom: 1.5pt">&#160;</td> <td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center"><font style="font-size: 8pt"><b>December 31, 2014</b></font></td> <td nowrap="nowrap" style="padding-bottom: 1.5pt">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td style="width: 78%"><font style="font-size: 8pt">Furniture and equipment</font></td> <td style="width: 1%; text-align: right">&#160;</td> <td style="width: 1%"><font style="font-size: 8pt">$</font></td> <td style="width: 8%; text-align: right"><font style="font-size: 8pt">1,191</font></td> <td nowrap="nowrap" style="width: 1%">&#160;</td> <td style="width: 1%; text-align: right">&#160;</td> <td style="width: 1%"><font style="font-size: 8pt">$</font></td> <td style="width: 8%; text-align: right"><font style="font-size: 8pt">5,608</font></td> <td nowrap="nowrap" style="width: 1%">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td><font style="font-size: 8pt">Computers and software</font></td> <td style="text-align: right">&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 8pt">49,823</font></td> <td nowrap="nowrap">&#160;</td> <td style="text-align: right">&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 8pt">2,183</font></td> <td nowrap="nowrap">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td style="padding-bottom: 1.5pt"><font style="font-size: 8pt">Less: accumulated depreciation</font></td> <td style="padding-bottom: 1.5pt; text-align: right">&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font-size: 8pt">(48,924</font></td> <td nowrap="nowrap" style="padding-bottom: 1.5pt"><font style="font-size: 8pt">)</font></td> <td style="padding-bottom: 1.5pt; text-align: right">&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font-size: 8pt">(3,236</font></td> <td nowrap="nowrap" style="padding-bottom: 1.5pt"><font style="font-size: 8pt">)</font></td></tr> <tr style="vertical-align: bottom; background-color: white"> <td style="padding-bottom: 1.5pt"><font style="font-size: 8pt">Furniture and office equipment, net</font></td> <td style="padding-bottom: 1.5pt; text-align: right">&#160;</td> <td style="border-bottom: black 1.5pt solid"><font style="font-size: 8pt"><b>$</b></font></td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font-size: 8pt"><b>52,089</b></font></td> <td nowrap="nowrap" style="padding-bottom: 1.5pt">&#160;</td> <td style="padding-bottom: 1.5pt; text-align: right">&#160;</td> <td style="border-bottom: black 1.5pt solid"><font style="font-size: 8pt"><b>$</b></font></td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font-size: 8pt"><b>4,555</b></font></td> <td nowrap="nowrap" style="padding-bottom: 1.5pt">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td><font style="font-size: 8pt">Leasehold Improvements</font></td> <td style="text-align: right">&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 8pt">6,530</font></td> <td nowrap="nowrap">&#160;</td> <td style="text-align: right">&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 8pt">-</font></td> <td nowrap="nowrap">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td style="padding-bottom: 1.5pt"><font style="font-size: 8pt">Total Fixed Assets</font></td> <td style="padding-bottom: 1.5pt; text-align: right">&#160;</td> <td style="border-bottom: black 1.5pt solid"><font style="font-size: 8pt"><b>$</b></font></td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font-size: 8pt"><b>58,619</b></font></td> <td nowrap="nowrap" style="padding-bottom: 1.5pt">&#160;</td> <td style="padding-bottom: 1.5pt; text-align: right">&#160;</td> <td style="border-bottom: black 1.5pt solid"><font style="font-size: 8pt"><b>$</b></font></td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font-size: 8pt"><b>4,555</b></font></td> <td nowrap="nowrap" style="padding-bottom: 1.5pt">&#160;</td></tr> </table> <p style="font: 8pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&#160;</p> <p style="font: 8pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&#160; <b>&#160;</b></p> <p style="font: 8pt Times New Roman, Times, Serif; margin: 0">During the nine months ended September 30, 2015 and 2014, the Company recorded depreciation expense of $45,688 and $929, respectively<b>.</b></p> <p style="font: 8pt Times New Roman, Times, Serif; margin: 0">On June 16, 2015, the Company issued a convertible note to a third party in the principal amount of $87,000 in exchange for cash proceeds of $80,000 (a $7,000 original issue discount). This note is payable with interest bearing 10% per annum on February 16, 2016. The note is convertible, in whole or in part, into shares of common stock of the Company at a conversion price of 43% of the lowest three trading prices of the common stock for the 10 trading days immediately preceding the date of conversion.</p> <p style="font: 8pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&#160;</p> <p style="font: 8pt Times New Roman, Times, Serif; margin: 0">The Company has the right to redeem the outstanding convertible note at a redemption price of: (i) 125% of the note outstanding thirty (30) days following the issue date; (ii) thirty one (31) to sixty (60) days following the issue date, 130% of the note outstanding; (iii) sixty-one (61) to ninety (90) days following the issue date, 135% of the note outstanding; (iv) ninety-one (91) days to one hundred and eighty days (180) following the issue date, 140% of the note outstanding.</p> <p style="font: 8pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&#160;</p> <p style="font: 8pt Times New Roman, Times, Serif; margin: 0">The Company evaluated the terms of the convertible note in accordance with ASC 815 &#150; 40,&#160;<i> Derivatives and Hedging - Contracts in Entity&#146;s Own Stock</i> and determined that the underlying common stock is indexed to the Company&#146;s common stock. The Company determined that the conversion feature did meet the definition of a liability and therefore bifurcated the conversion feature and accounted for it as separate derivative liability. The Company recognized a debt discount for the amount of the derivative liability in the amount of $80,000 that will be amortized to interest expense of the life of the note.&#160;&#160;</p> <p style="font: 8pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&#160;</p> <p style="font: 8pt Times New Roman, Times, Serif; margin: 0">As of September 30, 2015, the amount of discount amortized for these notes was $32,625.</p> <p style="font: 8pt Times New Roman, Times, Serif; margin: 0">On June 30, 2015, the Company entered into a $34,526 promissory note with Michel J. Freni, the CEO and Chairman for advances and payments made on behalf of the Company. Interest accrues at 8% and the note is due upon demand.</p> <p style="margin: 0pt; font: 8pt Times New Roman, Times, Serif"></p> <p style="font: 8pt Times New Roman, Times, Serif; margin: 0"><font style="font: 8pt Times New Roman, Times, Serif">On March 31, 2015, the Company issued 33,045 shares of common stock to a related party, KeyMedia Management, Inc., as reimbursement for $33,045 of advances and payments made on behalf of the Company. These shares were valued at the grant date fair value of the common stock of $33,04</font></p> <p style="font: 8pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><font style="font: 8pt Times New Roman, Times, Serif">&#160;</font></p> <p style="font: 8pt Times New Roman, Times, Serif; margin: 0"><font style="font: 8pt Times New Roman, Times, Serif">On May 18, 2015, the Company issued 217,402 shares of common stock to a related party, KeyMedia Management, Ltd., as reimbursement for $108,701 of advances and payments made on behalf of the Company. The shares were valued at the grant date fair value of $110,875. The issuance of these shares reduced advances owed to the CEO by the Company of $108,701 and the remainder ($2,174) was considered stock-based compensation.</font></p> <p style="font: 8pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><font style="font: 8pt Times New Roman, Times, Serif">&#160;</font></p> <p style="font: 8pt Times New Roman, Times, Serif; margin: 0"><font style="font: 8pt Times New Roman, Times, Serif">On June 30, 2015, the Company issued 266,667 shares of common stock to a Carmelia Lau as reimbursement for $80,000 of payments made by Michel J. Freni and KeyMedia Management Ltd. on behalf of the Company. The shares were valued at the grant date fair value of $106,667. The issuance of these shares reduced advances owed to the CEO by the Company of $80,000 and the remainder ($26,667) was considered stock-based compensation.</font></p> <p style="font: 8pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><font style="font: 8pt Times New Roman, Times, Serif">&#160;</font></p> <p style="font: 8pt Times New Roman, Times, Serif; margin: 0"><font style="font: 8pt Times New Roman, Times, Serif">During the nine months ended September 30, 2015 and 2014, the Company collected and recorded revenues of $32,710 and $119,563 respectively, from a related party for consulting services.&#160;&#160;The Company&#146;s President and significant shareholder Anamaria Pruteanu is also the owner of Powerstorm (Amsterdam).</font></p> <p style="font: 8pt Times New Roman, Times, Serif; margin: 0"><font style="font: 8pt Times New Roman, Times, Serif">&#160;</font></p> <p style="font: 8pt Times New Roman, Times, Serif; margin: 0"><font style="font: 8pt Times New Roman, Times, Serif">During the nine months ended September 30, 2015 Powerstorm (Amsterdam) generated revenues of $156,345 from related party acting as a sales agent for the Company of the sale of hybrid systems to Maktech &#38; Tel. The Company&#146;s President and significant shareholder Anamaria Pruteanu is also the owner of Powerstorm (Amsterdam).&#160;</font></p> <p style="font: 8pt Times New Roman, Times, Serif; margin: 0"><font style="font: 8pt Times New Roman, Times, Serif">&#160;</font></p> <p style="font: 8pt Times New Roman, Times, Serif; margin: 0"><font style="font: 8pt Times New Roman, Times, Serif">On September 21, 2015, the Company entered into Supply Agreement with C4V to design, test and purchase lithium ion batteries.&#160;&#160;C4V is a technology development company which holds the intellectual property for for energy storage such as lithium ion batteries.&#160;&#160;The Company&#146;s CTO, Dr. Shailesh Upreti is a member of the LLC and holds 47.08% ownership and is a member of its Board of Directors.&#160;&#160;The agreement will remain in affect until 2021.</font></p> <p style="font: 8pt Times New Roman, Times, Serif; margin: 0">The Company entered into a capital lease agreements with third parties during the nine months ended September 30, 2015 to rent office equipment. The capital leases contain a bargain purchase option at the end of the leases.</p> <p style="font: 8pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&#160;</p> <p style="font: 8pt Times New Roman, Times, Serif; margin: 0">The future minimum lease payments required under the capital lease obligations and the present value of the minimum lease payments as of September 30, 2015 are as follows:</p> <p style="font: 8pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&#160; &#160; &#160; &#160; &#160;</p> <table cellspacing="0" cellpadding="0" style="font: 8pt Times New Roman, Times, Serif; width: 100%"> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td style="width: 89%"><font style="font-size: 8pt">For the year ending Sep 30, 2015</font></td> <td style="width: 1%">&#160;</td> <td style="width: 1%">&#160;</td> <td style="width: 8%; text-align: right">&#160;</td> <td style="width: 1%">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td><font style="font-size: 8pt">2016</font></td> <td>&#160;</td> <td><font style="font-size: 8pt">$</font></td> <td style="text-align: right"><font style="font-size: 8pt">34,578</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td><font style="font-size: 8pt">2017</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 8pt">34,578</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td><font style="font-size: 8pt">2018</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 8pt">26,899</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td><font style="font-size: 8pt">2019</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 8pt">12,638</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td><font style="font-size: 8pt">2020</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 8pt">7,237</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td><font style="font-size: 8pt">Total minimum lease payments</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 8pt">115,879</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td style="padding-bottom: 1.5pt"><font style="font-size: 8pt">Less: amount representing interest</font></td> <td style="padding-bottom: 1.5pt">&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font-size: 8pt">(26,909</font></td> <td style="padding-bottom: 1.5pt"><font style="font-size: 8pt">)</font></td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td><font style="font-size: 8pt">Present value of net minimum lease obligations</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 8pt">88,970</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td style="padding-bottom: 1.5pt"><font style="font-size: 8pt">Less: current maturities of capital lease obligations</font></td> <td style="padding-bottom: 1.5pt">&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font-size: 8pt">(22,502</font></td> <td style="padding-bottom: 1.5pt"><font style="font-size: 8pt">)</font></td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td style="padding-bottom: 3pt"><font style="font-size: 8pt">Long-term capital lease obligations</font></td> <td style="padding-bottom: 3pt">&#160;</td> <td style="border-bottom: black 2.25pt double"><font style="font-size: 8pt">$</font></td> <td style="border-bottom: black 2.25pt double; text-align: right"><font style="font-size: 8pt">66,469</font></td> <td style="padding-bottom: 3pt">&#160;</td></tr> </table> <p style="font: 8pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><b>&#160;</b></p> <p style="font: 8pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><b>&#160; </b></p> <p style="font: 8pt Times New Roman, Times, Serif; margin: 0">Activity for derivative liability related to the variable conversion feature on convertible debt during the nine months ended September 30, 2015 was as follows:</p> <p style="font: 8pt Times New Roman, Times, Serif; margin: 0">&#160;</p> <table cellspacing="0" cellpadding="0" style="font: 8pt Times New Roman, Times, Serif; width: 100%"> <tr style="vertical-align: bottom"> <td style="padding-bottom: 1.5pt">&#160;</td> <td style="padding-bottom: 1.5pt">&#160;</td> <td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center"><font style="font-size: 8pt"><b>Balance at December 31, 2014</b></font></td> <td nowrap="nowrap" style="padding-bottom: 1.5pt">&#160;</td> <td style="padding-bottom: 1.5pt">&#160;</td> <td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center"><font style="font-size: 8pt"><b>Initial valuation of derivative liability upon issuance of variable feature convertible note</b></font></td> <td nowrap="nowrap" style="padding-bottom: 1.5pt">&#160;</td> <td style="padding-bottom: 1.5pt">&#160;</td> <td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center"><font style="font-size: 8pt"><b>Change in fair value of derivative liability</b></font></td> <td nowrap="nowrap" style="padding-bottom: 1.5pt">&#160;</td> <td style="padding-bottom: 1.5pt">&#160;</td> <td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center"><font style="font-size: 8pt"><b>Balance at Sep 30, 2015</b></font></td> <td nowrap="nowrap" style="padding-bottom: 1.5pt">&#160;</td></tr> <tr style="vertical-align: bottom"> <td>&#160;</td> <td>&#160;</td> <td colspan="2">&#160;</td> <td nowrap="nowrap">&#160;</td> <td>&#160;</td> <td colspan="2">&#160;</td> <td nowrap="nowrap">&#160;</td> <td>&#160;</td> <td colspan="2">&#160;</td> <td nowrap="nowrap">&#160;</td> <td>&#160;</td> <td colspan="2">&#160;</td> <td nowrap="nowrap">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td style="width: 52%; padding-bottom: 1.5pt"><font style="font-size: 8pt"><b>Convertible debt</b></font></td> <td style="width: 1%; padding-bottom: 1.5pt">&#160;</td> <td style="width: 1%; border-bottom: black 1.5pt solid"><font style="font-size: 8pt">$</font></td> <td style="width: 9%; border-bottom: black 1.5pt solid; text-align: right"><font style="font-size: 8pt">0.00</font></td> <td nowrap="nowrap" style="width: 1%; padding-bottom: 1.5pt">&#160;</td> <td style="width: 1%; padding-bottom: 1.5pt; text-align: right">&#160;</td> <td style="width: 1%; border-bottom: black 1.5pt solid"><font style="font-size: 8pt">$</font></td> <td style="width: 9%; border-bottom: black 1.5pt solid; text-align: right"><font style="font-size: 8pt">80,000</font></td> <td nowrap="nowrap" style="width: 1%; padding-bottom: 1.5pt">&#160;</td> <td style="width: 1%; padding-bottom: 1.5pt; text-align: right">&#160;</td> <td style="width: 1%; border-bottom: black 1.5pt solid"><font style="font-size: 8pt">$</font></td> <td style="width: 9%; border-bottom: black 1.5pt solid; text-align: right"><font style="font-size: 8pt">52,440</font></td> <td nowrap="nowrap" style="width: 1%; padding-bottom: 1.5pt">&#160;</td> <td style="width: 1%; padding-bottom: 1.5pt; text-align: right">&#160;</td> <td style="width: 1%; border-bottom: black 1.5pt solid"><font style="font-size: 8pt">$</font></td> <td style="width: 9%; border-bottom: black 1.5pt solid; text-align: right"><font style="font-size: 8pt">132,440</font></td> <td nowrap="nowrap" style="width: 1%; padding-bottom: 1.5pt">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td style="padding-bottom: 3pt"><font style="font-size: 8pt">Total</font></td> <td style="padding-bottom: 3pt">&#160;</td> <td style="border-bottom: black 2.25pt double"><font style="font-size: 8pt"><b>$</b></font></td> <td style="border-bottom: black 2.25pt double; text-align: right"><font style="font-size: 8pt"><b>0.00</b></font></td> <td nowrap="nowrap" style="padding-bottom: 3pt">&#160;</td> <td style="padding-bottom: 3pt; text-align: right">&#160;</td> <td style="border-bottom: black 2.25pt double"><font style="font-size: 8pt"><b>$</b></font></td> <td style="border-bottom: black 2.25pt double; text-align: right"><font style="font-size: 8pt"><b>80,000</b></font></td> <td nowrap="nowrap" style="padding-bottom: 3pt">&#160;</td> <td style="padding-bottom: 3pt; text-align: right">&#160;</td> <td style="border-bottom: black 2.25pt double"><font style="font-size: 8pt"><b>$</b></font></td> <td style="border-bottom: black 2.25pt double; text-align: right"><font style="font-size: 8pt"><b>52,440</b></font></td> <td nowrap="nowrap" style="padding-bottom: 3pt">&#160;</td> <td style="padding-bottom: 3pt; text-align: right">&#160;</td> <td style="border-bottom: black 2.25pt double"><font style="font-size: 8pt"><b>$</b></font></td> <td style="border-bottom: black 2.25pt double; text-align: right"><font style="font-size: 8pt"><b>132,440</b></font></td> <td nowrap="nowrap" style="padding-bottom: 3pt">&#160;</td></tr> </table> <p style="font: 8pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&#160;</p> <p style="font: 8pt Times New Roman, Times, Serif; margin: 0">The fair value of the derivative was valued on the date of the issuance of the convertible debt using the Black-Scholes option pricing model with the following weighted average assumptions: (1) risk free interest rate 1%, (2) term of 0.67 years, (3) expected stock volatility of 155%, (4) expected dividend rate of 0%, and (5) common stock price of $0.51.</p> <p style="font: 8pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&#160;</p> <p style="font: 8pt Times New Roman, Times, Serif; margin: 0">The fair value of the derivative was valued on September 30, 2015 using the Black-Scholes option pricing model with the following weighted average assumptions: (1) risk free interest rate 1%, (2) term of 0.38 years, (3) expected stock volatility of 155%, (4) expected dividend rate of 0%, and (5) common stock price of $0.11.</p> <p style="font: 8pt Times New Roman, Times, Serif; margin: 0"><b>Operating Lease</b></p> <p style="font: 8pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&#160;</p> <p style="font: 8pt Times New Roman, Times, Serif; margin: 0">On October 18, 2013, the Company entered into a lease agreement with a third party to rent office premises. The lease commencement date was November 1, 2013 and ends on December 31, 2016. The Company entered into a lease addendum on February 20, 2015. Pursuant to the lease addendum, the monthly lease payment is $2,600 for January 1, 2015 through June 30, 2015, and increases to $4,800 per month starting July 1, 2015. The lease term is through February 28, 2021.</p> <p style="font: 8pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&#160;</p> <p style="font: 8pt Times New Roman, Times, Serif; margin: 0">Rent expense was for the nine months ending September 30, 2015 and 2014 was $29,277 and $20,000, respectively.</p> <p style="font: 8pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&#160;</p> <p style="font: 8pt Times New Roman, Times, Serif; margin: 0"><b>Employment Agreements</b></p> <p style="font: 8pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><b>&#160;</b></p> <p style="font: 8pt Times New Roman, Times, Serif; margin: 0"><u>CEO employment agreement</u></p> <p style="font: 8pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><b>&#160;</b></p> <p style="font: 8pt Times New Roman, Times, Serif; margin: 0">On January 1, 2014, the Company entered into an employment agreement with its CEO, effective through December&#160;31, 2016. Pursuant to the agreement, the CEO shall receive a minimum annualized salary of $300,000. During the nine months ended September 30, 2015, the Company recorded $225,000 of compensation expense for this agreement, which is recorded in accrued expenses at September 30, 2015.</p> <p style="font: 8pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><b>&#160;</b></p> <p style="font: 8pt Times New Roman, Times, Serif; margin: 0"><u>CFO employment agreement</u></p> <p style="font: 8pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&#160;</p> <p style="font: 8pt Times New Roman, Times, Serif; margin: 0">On December 31, 2014, the Company entered into an employment agreement with its CFO, effective through March&#160;31, 2018, in which the CFO will provide consulting services to the Company. Pursuant to the agreement, the CFO shall receive an annualized salary of $208,000, of which 50% shall be paid in cash and 50% shall be paid in stock options. During the nine months ended September 30, 2015, the CFO received $66,106 in consulting fees. No additional stock options are issuable pursuant to this agreement in 2015.</p> <p style="font: 8pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&#160;</p> <p style="font: 8pt Times New Roman, Times, Serif; margin: 0">In addition to a salary, the CFO will be provided with a 3% ownership of the Company to be issued in common stock. The shares vest in three 1% installments on January 1, 2016, 2017, and 2018. The Company will value this obligation each quarter and record a common stock payable until the obligation is paid for in common stock of the Company. Pursuant to this agreement, the Company recorded share-based compensation expense of $18,668 for the nine months ended September 30, 2015. &#160;&#160;</p> <p style="font: 8pt Times New Roman, Times, Serif; margin: 0"><font style="font: 8pt Times New Roman, Times, Serif">The Company is authorized to issue 305,000,000 shares of capital stock. These shares are divided into two classes, with 300,000,000 shares in common stock at $0.001 par value and 5,000,000 shares in preferred stock at $0.01 par value.</font></p> <p style="font: 8pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><font style="font: 8pt Times New Roman, Times, Serif">&#160;</font></p> <p style="font: 8pt Times New Roman, Times, Serif; margin: 0"><font style="font: 8pt Times New Roman, Times, Serif"><u>Issuance of common stock</u></font></p> <p style="font: 8pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><font style="font: 8pt Times New Roman, Times, Serif">&#160;</font></p> <p style="font: 8pt Times New Roman, Times, Serif; margin: 0"></p> <p style="font: 8pt Times New Roman, Times, Serif; margin: 0"><font style="font: 8pt Times New Roman, Times, Serif">During September 2015, the company granted 20,000 shares of common stock fully vested to Shailesh Upreti and will issue them in the month November 2015 in exchange for consulting services and the Board deemed it in the best interest to grant the 20,000 shares of common stock at a purchase price of $0.19.</font></p> <p style="font: 8pt Times New Roman, Times, Serif; margin: 0"><font style="font: 8pt Times New Roman, Times, Serif">&#160;</font></p> <p style="font: 8pt Times New Roman, Times, Serif; margin: 0"><font style="font: 8pt Times New Roman, Times, Serif">During September 2015, the company granted 15,000 shares of common stock fully vested to Gregg Jaclin and will issue them in the month of November 2015 in exchange for services and the Board deemed it in the best interest to grant the 15,000 shares of common stock at a purchase price of $0.19.</font></p> <p style="font: 8pt Times New Roman, Times, Serif; margin: 0"><font style="font: 8pt Times New Roman, Times, Serif">&#160;</font></p> <p style="font: 8pt Times New Roman, Times, Serif; margin: 0"><font style="font: 8pt Times New Roman, Times, Serif">During September 2015, the Company granted 47,769 shares of common stock at purchase price of $0.19 per share to Szaferman, Lakind, Blumstein, Blader, P.C and will issue them in the month of November 2015 in satisfaction of the $9,076.09 outstanding accounts payable.</font></p> <p style="font: 8pt Times New Roman, Times, Serif; margin: 0"></p> <p style="font: 8pt Times New Roman, Times, Serif; margin: 0"><font style="font: 8pt Times New Roman, Times, Serif">&#160;</font></p> <p style="font: 8pt Times New Roman, Times, Serif; margin: 0"><font style="font: 8pt Times New Roman, Times, Serif">During August 2015, the company issued 150,000 shares of common stock fully vested to The Governance Box in exchange for consulting services and the Board deemed it in the best interest to grant the 150,000 shares of common stock at a purchase price of $0.25.</font></p> <p style="font: 8pt Times New Roman, Times, Serif; margin: 0"><font style="font: 8pt Times New Roman, Times, Serif">&#160;</font></p> <p style="font: 8pt Times New Roman, Times, Serif; margin: 0"><font style="font: 8pt Times New Roman, Times, Serif">On July 1, 2015, the Company issued 100,000 shares of common stock to The Brewer Group as part of contract signed on April 9, 2015.</font></p> <p style="font: 8pt Times New Roman, Times, Serif; margin: 0"><font style="font: 8pt Times New Roman, Times, Serif">&#160;</font></p> <p style="font: 8pt Times New Roman, Times, Serif; margin: 0"><font style="font: 8pt Times New Roman, Times, Serif">During June 2015, the Company issued 266,667 shares of common stock at their fair value to an individual as reimbursement for $80,000 of advances and payments made on behalf of the Company by Michel J. Freni and KeyMedia Management Ltd.</font></p> <p style="font: 8pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><font style="font: 8pt Times New Roman, Times, Serif">&#160;</font></p> <p style="font: 8pt Times New Roman, Times, Serif; margin: 0"><font style="font: 8pt Times New Roman, Times, Serif">During June 2015, the Company issued 50,000 shares of common stock to a director of the Company for services. The Company recorded stock-based compensation of $75,000 based on the grant date fair value of the common stock.</font></p> <p style="font: 8pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><font style="font: 8pt Times New Roman, Times, Serif">&#160;</font></p> <p style="font: 8pt Times New Roman, Times, Serif; margin: 0"><font style="font: 8pt Times New Roman, Times, Serif">During May 2015, the Company issued 217,402 shares of common stock at their fair value to a related party, KeyMedia Management, Ltd., as reimbursement for $108,701 of advances and payments made on behalf of the Company.</font></p> <p style="font: 8pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><font style="font: 8pt Times New Roman, Times, Serif">&#160;</font></p> <p style="font: 8pt Times New Roman, Times, Serif; margin: 0"><font style="font: 8pt Times New Roman, Times, Serif">During May 2015, the Company issued 100,000 shares of common stock to the Company&#146;s CFO for services. The Company recorded stock-based compensation of $145,000 based on the grant date fair value of the common stock.</font></p> <p style="font: 8pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><font style="font: 8pt Times New Roman, Times, Serif">&#160;</font></p> <p style="font: 8pt Times New Roman, Times, Serif; margin: 0"><font style="font: 8pt Times New Roman, Times, Serif">During May 2015, the Company issued 22,500 shares of common stock to consultants for services. The Company recorded stock-based compensation of $16,775 based on the grant date fair value of the common stock.</font></p> <p style="font: 8pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><font style="font: 8pt Times New Roman, Times, Serif">&#160;</font></p> <p style="font: 8pt Times New Roman, Times, Serif; margin: 0"><font style="font: 8pt Times New Roman, Times, Serif">During April 2015, the Company entered into a consulting agreement for Business Development and Marketing services with a third party. The agreement is effective through December 31, 2015. In exchange for the services, the Company agreed to a consulting fee of $2,000 per month. In addition, the Company agreed to grant 100,000 shares of common stock on April 1, 2015, July 1, 2015, October 1, 2015 and January 1, 2016 (400,000 shares in aggregate). The Company recorded stock-based compensation of $150,933 based on the grant date fair value of the common stock.</font></p> <p style="font: 8pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><font style="font: 8pt Times New Roman, Times, Serif">&#160;</font></p> <p style="font: 8pt Times New Roman, Times, Serif; margin: 0"><font style="font: 8pt Times New Roman, Times, Serif">During March 2015, the Company issued 33,045 shares of common stock to a related party for $33,045 of advances and payments made on behalf of the Company.</font></p> <p style="font: 8pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><font style="font: 8pt Times New Roman, Times, Serif">&#160;</font></p> <p style="font: 8pt Times New Roman, Times, Serif; margin: 0"><font style="font: 8pt Times New Roman, Times, Serif"><u>Stock Options</u></font></p> <p style="font: 8pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><font style="font: 8pt Times New Roman, Times, Serif">&#160;</font></p> <p style="font: 8pt Times New Roman, Times, Serif; margin: 0"><font style="font: 8pt Times New Roman, Times, Serif">A summary of the Company&#146;s option activities for the nine months ended September 30, 2015 is as follows:</font></p> <p style="font: 8pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><font style="font: 8pt Times New Roman, Times, Serif">&#160;</font></p> <table cellspacing="0" cellpadding="0" style="font: 8pt Times New Roman, Times, Serif; width: 100%"> <tr style="vertical-align: bottom; font: 8pt Times New Roman, Times, Serif"> <td style="padding-bottom: 1.5pt; font: 8pt Times New Roman, Times, Serif"><font style="font: 8pt Times New Roman, Times, Serif">&#160;</font></td> <td style="padding-bottom: 1.5pt; font: 8pt Times New Roman, Times, Serif"><font style="font: 8pt Times New Roman, Times, Serif">&#160;</font></td> <td colspan="2" style="border-bottom: black 1.5pt solid; font: 8pt Times New Roman, Times, Serif; text-align: center"><font style="font: 8pt Times New Roman, Times, Serif"><b>Options</b></font></td> <td nowrap="nowrap" style="padding-bottom: 1.5pt; font: 8pt Times New Roman, Times, Serif"><font style="font: 8pt Times New Roman, Times, Serif">&#160;</font></td> <td style="padding-bottom: 1.5pt; font: 8pt Times New Roman, Times, Serif"><font style="font: 8pt Times New Roman, Times, Serif">&#160;</font></td> <td colspan="2" style="border-bottom: black 1.5pt solid; font: 8pt Times New Roman, Times, Serif; text-align: center"><font style="font: 8pt Times New Roman, Times, Serif"><b>Weighted-Average Exercise Price</b></font></td> <td nowrap="nowrap" style="padding-bottom: 1.5pt; font: 8pt Times New Roman, Times, Serif"><font style="font: 8pt Times New Roman, Times, Serif">&#160;</font></td> <td style="padding-bottom: 1.5pt; font: 8pt Times New Roman, Times, Serif"><font style="font: 8pt Times New Roman, Times, Serif">&#160;</font></td> <td colspan="2" style="border-bottom: black 1.5pt solid; font: 8pt Times New Roman, Times, Serif; text-align: center"><font style="font: 8pt Times New Roman, Times, Serif"><b>Weighted-Average Remaining Contractual Term</b></font></td> <td nowrap="nowrap" style="padding-bottom: 1.5pt; font: 8pt Times New Roman, Times, Serif"><font style="font: 8pt Times New Roman, Times, Serif">&#160;</font></td> <td style="padding-bottom: 1.5pt; font: 8pt Times New Roman, Times, Serif"><font style="font: 8pt Times New Roman, Times, Serif">&#160;</font></td> <td colspan="2" style="border-bottom: black 1.5pt solid; font: 8pt Times New Roman, Times, Serif; text-align: center"><font style="font: 8pt Times New Roman, Times, Serif"><b>Weighted-Average Grant Date Fair Value</b></font></td> <td nowrap="nowrap" style="padding-bottom: 1.5pt; font: 8pt Times New Roman, Times, Serif"><font style="font: 8pt Times New Roman, Times, Serif">&#160;</font></td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF; font: 8pt Times New Roman, Times, Serif"> <td style="width: 52%; font: 8pt Times New Roman, Times, Serif"><font style="font: 8pt Times New Roman, Times, Serif">Options Outstanding, December 31, 2014</font></td> <td style="width: 1%; text-align: right; font: 8pt Times New Roman, Times, Serif"><font style="font: 8pt Times New Roman, Times, Serif">&#160;</font></td> <td style="width: 1%; font: 8pt Times New Roman, Times, Serif"><font style="font: 8pt Times New Roman, Times, Serif">&#160;</font></td> <td style="width: 9%; text-align: right; font: 8pt Times New Roman, Times, Serif"><font style="font: 8pt Times New Roman, Times, Serif">1,690,616</font></td> <td nowrap="nowrap" style="width: 1%; font: 8pt Times New Roman, Times, Serif"><font style="font: 8pt Times New Roman, Times, Serif">&#160;</font></td> <td style="width: 1%; text-align: right; font: 8pt Times New Roman, Times, Serif"><font style="font: 8pt Times New Roman, Times, Serif">&#160;</font></td> <td style="width: 1%; font: 8pt Times New Roman, Times, Serif"><font style="font: 8pt Times New Roman, Times, Serif">$</font></td> <td style="width: 9%; text-align: right; font: 8pt Times New Roman, Times, Serif"><font style="font: 8pt Times New Roman, Times, Serif">.51</font></td> <td nowrap="nowrap" style="width: 1%; font: 8pt Times New Roman, Times, Serif"><font style="font: 8pt Times New Roman, Times, Serif">&#160;</font></td> <td style="width: 1%; text-align: right; font: 8pt Times New Roman, Times, Serif"><font style="font: 8pt Times New Roman, Times, Serif">&#160;</font></td> <td style="width: 1%; font: 8pt Times New Roman, Times, Serif"><font style="font: 8pt Times New Roman, Times, Serif">$</font></td> <td style="width: 9%; text-align: right; font: 8pt Times New Roman, Times, Serif"><font style="font: 8pt Times New Roman, Times, Serif">9.84</font></td> <td nowrap="nowrap" style="width: 1%; font: 8pt Times New Roman, Times, Serif"><font style="font: 8pt Times New Roman, Times, Serif">&#160;</font></td> <td style="width: 1%; text-align: right; font: 8pt Times New Roman, Times, Serif"><font style="font: 8pt Times New Roman, Times, Serif">&#160;</font></td> <td style="width: 1%; font: 8pt Times New Roman, Times, Serif"><font style="font: 8pt Times New Roman, Times, Serif">$</font></td> <td style="width: 9%; text-align: right; font: 8pt Times New Roman, Times, Serif"><font style="font: 8pt Times New Roman, Times, Serif">1.47</font></td> <td nowrap="nowrap" style="width: 1%; font: 8pt Times New Roman, Times, Serif"><font style="font: 8pt Times New Roman, Times, Serif">&#160;</font></td></tr> <tr style="vertical-align: bottom; background-color: white; font: 8pt Times New Roman, Times, Serif"> <td style="font: 8pt Times New Roman, Times, Serif"><font style="font: 8pt Times New Roman, Times, Serif">Options Granted</font></td> <td style="text-align: right; font: 8pt Times New Roman, Times, Serif"><font style="font: 8pt Times New Roman, Times, Serif">&#160;</font></td> <td style="font: 8pt Times New Roman, Times, Serif"><font style="font: 8pt Times New Roman, Times, Serif">$</font></td> <td style="text-align: right; font: 8pt Times New Roman, Times, Serif"><font style="font: 8pt Times New Roman, Times, Serif">653,000</font></td> <td nowrap="nowrap" style="font: 8pt Times New Roman, Times, Serif"><font style="font: 8pt Times New Roman, Times, Serif">&#160;</font></td> <td style="text-align: right; font: 8pt Times New Roman, Times, Serif"><font style="font: 8pt Times New Roman, Times, Serif">&#160;</font></td> <td style="font: 8pt Times New Roman, Times, Serif"><font style="font: 8pt Times New Roman, Times, Serif">$</font></td> <td style="text-align: right; font: 8pt Times New Roman, Times, Serif"><font style="font: 8pt Times New Roman, Times, Serif">0.43</font></td> <td nowrap="nowrap" style="font: 8pt Times New Roman, Times, Serif"><font style="font: 8pt Times New Roman, Times, Serif">&#160;</font></td> <td style="text-align: right; font: 8pt Times New Roman, Times, Serif"><font style="font: 8pt Times New Roman, Times, Serif">&#160;</font></td> <td style="font: 8pt Times New Roman, Times, Serif"><font style="font: 8pt Times New Roman, Times, Serif">$</font></td> <td style="text-align: right; font: 8pt Times New Roman, Times, Serif"><font style="font: 8pt Times New Roman, Times, Serif">10.00</font></td> <td nowrap="nowrap" style="font: 8pt Times New Roman, Times, Serif"><font style="font: 8pt Times New Roman, Times, Serif">&#160;</font></td> <td style="text-align: right; font: 8pt Times New Roman, Times, Serif"><font style="font: 8pt Times New Roman, Times, Serif">&#160;</font></td> <td style="font: 8pt Times New Roman, Times, Serif"><font style="font: 8pt Times New Roman, Times, Serif">$</font></td> <td style="text-align: right; font: 8pt Times New Roman, Times, Serif"><font style="font: 8pt Times New Roman, Times, Serif">0.73</font></td> <td nowrap="nowrap" style="font: 8pt Times New Roman, Times, Serif"><font style="font: 8pt Times New Roman, Times, Serif">&#160;</font></td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF; font: 8pt Times New Roman, Times, Serif"> <td style="font: 8pt Times New Roman, Times, Serif"><font style="font: 8pt Times New Roman, Times, Serif">Options Exercised</font></td> <td style="font: 8pt Times New Roman, Times, Serif"><font style="font: 8pt Times New Roman, Times, Serif">&#160;</font></td> <td style="font: 8pt Times New Roman, Times, Serif"><font style="font: 8pt Times New Roman, Times, Serif">&#160;</font></td> <td style="text-align: right; font: 8pt Times New Roman, Times, Serif"><font style="font: 8pt Times New Roman, Times, Serif">&#160;</font></td> <td nowrap="nowrap" style="font: 8pt Times New Roman, Times, Serif"><font style="font: 8pt Times New Roman, Times, Serif">&#160;</font></td> <td style="font: 8pt Times New Roman, Times, Serif"><font style="font: 8pt Times New Roman, Times, Serif">&#160;</font></td> <td style="font: 8pt Times New Roman, Times, Serif"><font style="font: 8pt Times New Roman, Times, Serif">&#160;</font></td> <td style="text-align: right; font: 8pt Times New Roman, Times, Serif"><font style="font: 8pt Times New Roman, Times, Serif">&#160;</font></td> <td nowrap="nowrap" style="font: 8pt Times New Roman, Times, Serif"><font style="font: 8pt Times New Roman, Times, Serif">&#160;</font></td> <td style="font: 8pt Times New Roman, Times, Serif"><font style="font: 8pt Times New Roman, Times, Serif">&#160;</font></td> <td style="font: 8pt Times New Roman, Times, Serif"><font style="font: 8pt Times New Roman, Times, Serif">&#160;</font></td> <td style="text-align: right; font: 8pt Times New Roman, Times, Serif"><font style="font: 8pt Times New Roman, Times, Serif">&#160;</font></td> <td nowrap="nowrap" style="font: 8pt Times New Roman, Times, Serif"><font style="font: 8pt Times New Roman, Times, Serif">&#160;</font></td> <td style="font: 8pt Times New Roman, Times, Serif"><font style="font: 8pt Times New Roman, Times, Serif">&#160;</font></td> <td style="font: 8pt Times New Roman, Times, Serif"><font style="font: 8pt Times New Roman, Times, Serif">&#160;</font></td> <td style="text-align: right; font: 8pt Times New Roman, Times, Serif"><font style="font: 8pt Times New Roman, Times, Serif">&#160;</font></td> <td nowrap="nowrap" style="font: 8pt Times New Roman, Times, Serif"><font style="font: 8pt Times New Roman, Times, Serif">&#160;</font></td></tr> <tr style="vertical-align: bottom; background-color: white; font: 8pt Times New Roman, Times, Serif"> <td style="padding-bottom: 1.5pt; font: 8pt Times New Roman, Times, Serif"><font style="font: 8pt Times New Roman, Times, Serif">Options Forfeited</font></td> <td style="padding-bottom: 1.5pt; text-align: right; font: 8pt Times New Roman, Times, Serif"><font style="font: 8pt Times New Roman, Times, Serif">&#160;</font></td> <td style="border-bottom: black 1.5pt solid; font: 8pt Times New Roman, Times, Serif"><font style="font: 8pt Times New Roman, Times, Serif">$</font></td> <td style="border-bottom: black 1.5pt solid; font: 8pt Times New Roman, Times, Serif; text-align: right"><font style="font: 8pt Times New Roman, Times, Serif">(100,000</font></td> <td nowrap="nowrap" style="padding-bottom: 1.5pt; font: 8pt Times New Roman, Times, Serif"><font style="font: 8pt Times New Roman, Times, Serif">)</font></td> <td style="padding-bottom: 1.5pt; text-align: right; font: 8pt Times New Roman, Times, Serif"><font style="font: 8pt Times New Roman, Times, Serif">&#160;</font></td> <td style="border-bottom: black 1.5pt solid; font: 8pt Times New Roman, Times, Serif"><font style="font: 8pt Times New Roman, Times, Serif">$</font></td> <td style="border-bottom: black 1.5pt solid; font: 8pt Times New Roman, Times, Serif; text-align: right"><font style="font: 8pt Times New Roman, Times, Serif">0 .43</font></td> <td nowrap="nowrap" style="padding-bottom: 1.5pt; font: 8pt Times New Roman, Times, Serif"><font style="font: 8pt Times New Roman, Times, Serif">&#160;</font></td> <td style="padding-bottom: 1.5pt; text-align: right; font: 8pt Times New Roman, Times, Serif"><font style="font: 8pt Times New Roman, Times, Serif">&#160;</font></td> <td style="border-bottom: black 1.5pt solid; font: 8pt Times New Roman, Times, Serif"><font style="font: 8pt Times New Roman, Times, Serif">$</font></td> <td style="border-bottom: black 1.5pt solid; font: 8pt Times New Roman, Times, Serif; text-align: right"><font style="font: 8pt Times New Roman, Times, Serif">0.00</font></td> <td nowrap="nowrap" style="padding-bottom: 1.5pt; font: 8pt Times New Roman, Times, Serif"><font style="font: 8pt Times New Roman, Times, Serif">&#160;</font></td> <td style="padding-bottom: 1.5pt; text-align: right; font: 8pt Times New Roman, Times, Serif"><font style="font: 8pt Times New Roman, Times, Serif">&#160;</font></td> <td style="border-bottom: black 1.5pt solid; font: 8pt Times New Roman, Times, Serif"><font style="font: 8pt Times New Roman, Times, Serif">$</font></td> <td style="border-bottom: black 1.5pt solid; font: 8pt Times New Roman, Times, Serif; text-align: right"><font style="font: 8pt Times New Roman, Times, Serif">1.49</font></td> <td nowrap="nowrap" style="padding-bottom: 1.5pt; font: 8pt Times New Roman, Times, Serif"><font style="font: 8pt Times New Roman, Times, Serif">&#160;</font></td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF; font: 8pt Times New Roman, Times, Serif"> <td style="padding-bottom: 1.5pt; font: 8pt Times New Roman, Times, Serif"><font style="font: 8pt Times New Roman, Times, Serif">Options Outstanding at September 30, 2015</font></td> <td style="padding-bottom: 1.5pt; text-align: right; font: 8pt Times New Roman, Times, Serif"><font style="font: 8pt Times New Roman, Times, Serif">&#160;</font></td> <td style="border-bottom: black 1.5pt solid; font: 8pt Times New Roman, Times, Serif"><font style="font: 8pt Times New Roman, Times, Serif">&#160;</font></td> <td style="border-bottom: black 1.5pt solid; font: 8pt Times New Roman, Times, Serif; text-align: right"><font style="font: 8pt Times New Roman, Times, Serif">2,243,616</font></td> <td nowrap="nowrap" style="padding-bottom: 1.5pt; font: 8pt Times New Roman, Times, Serif"><font style="font: 8pt Times New Roman, Times, Serif">&#160;</font></td> <td style="padding-bottom: 1.5pt; text-align: right; font: 8pt Times New Roman, Times, Serif"><font style="font: 8pt Times New Roman, Times, Serif">&#160;</font></td> <td style="border-bottom: black 1.5pt solid; font: 8pt Times New Roman, Times, Serif"><font style="font: 8pt Times New Roman, Times, Serif">$</font></td> <td style="border-bottom: black 1.5pt solid; font: 8pt Times New Roman, Times, Serif; text-align: right"><font style="font: 8pt Times New Roman, Times, Serif">0.49</font></td> <td nowrap="nowrap" style="padding-bottom: 1.5pt; font: 8pt Times New Roman, Times, Serif"><font style="font: 8pt Times New Roman, Times, Serif">&#160;</font></td> <td style="padding-bottom: 1.5pt; text-align: right; font: 8pt Times New Roman, Times, Serif"><font style="font: 8pt Times New Roman, Times, Serif">&#160;</font></td> <td style="border-bottom: black 1.5pt solid; font: 8pt Times New Roman, Times, Serif"><font style="font: 8pt Times New Roman, Times, Serif">$</font></td> <td style="border-bottom: black 1.5pt solid; font: 8pt Times New Roman, Times, Serif; text-align: right"><font style="font: 8pt Times New Roman, Times, Serif">9.57</font></td> <td nowrap="nowrap" style="padding-bottom: 1.5pt; font: 8pt Times New Roman, Times, Serif"><font style="font: 8pt Times New Roman, Times, Serif">&#160;</font></td> <td style="padding-bottom: 1.5pt; text-align: right; font: 8pt Times New Roman, Times, Serif"><font style="font: 8pt Times New Roman, Times, Serif">&#160;</font></td> <td style="border-bottom: black 1.5pt solid; font: 8pt Times New Roman, Times, Serif"><font style="font: 8pt Times New Roman, Times, Serif">$</font></td> <td style="border-bottom: black 1.5pt solid; font: 8pt Times New Roman, Times, Serif; text-align: right"><font style="font: 8pt Times New Roman, Times, Serif">1.25</font></td> <td nowrap="nowrap" style="padding-bottom: 1.5pt; font: 8pt Times New Roman, Times, Serif"><font style="font: 8pt Times New Roman, Times, Serif">&#160;</font></td></tr> <tr style="vertical-align: bottom; background-color: white; font: 8pt Times New Roman, Times, Serif"> <td style="padding-bottom: 3pt; font: 8pt Times New Roman, Times, Serif"><font style="font: 8pt Times New Roman, Times, Serif">Options Vested and Exercisable as on September&#160;&#160;30, 2015</font></td> <td style="padding-bottom: 3pt; text-align: right; font: 8pt Times New Roman, Times, Serif"><font style="font: 8pt Times New Roman, Times, Serif">&#160;</font></td> <td style="border-bottom: black 2.25pt double; font: 8pt Times New Roman, Times, Serif"><font style="font: 8pt Times New Roman, Times, Serif">&#160;</font></td> <td style="border-bottom: black 2.25pt double; font: 8pt Times New Roman, Times, Serif; text-align: right"><font style="font: 8pt Times New Roman, Times, Serif">1,716,616</font></td> <td nowrap="nowrap" style="padding-bottom: 3pt; font: 8pt Times New Roman, Times, Serif"><font style="font: 8pt Times New Roman, Times, Serif">&#160;</font></td> <td style="padding-bottom: 3pt; font: 8pt Times New Roman, Times, Serif"><font style="font: 8pt Times New Roman, Times, Serif">&#160;</font></td> <td style="border-bottom: black 2.25pt double; font: 8pt Times New Roman, Times, Serif"><font style="font: 8pt Times New Roman, Times, Serif">&#160;</font></td> <td style="border-bottom: black 2.25pt double; font: 8pt Times New Roman, Times, Serif; text-align: right"><font style="font: 8pt Times New Roman, Times, Serif">&#160;</font></td> <td nowrap="nowrap" style="padding-bottom: 3pt; font: 8pt Times New Roman, Times, Serif"><font style="font: 8pt Times New Roman, Times, Serif">&#160;</font></td> <td style="padding-bottom: 3pt; font: 8pt Times New Roman, Times, Serif"><font style="font: 8pt Times New Roman, Times, Serif">&#160;</font></td> <td style="border-bottom: black 2.25pt double; font: 8pt Times New Roman, Times, Serif"><font style="font: 8pt Times New Roman, Times, Serif">&#160;</font></td> <td style="border-bottom: black 2.25pt double; font: 8pt Times New Roman, Times, Serif; text-align: right"><font style="font: 8pt Times New Roman, Times, Serif">&#160;</font></td> <td nowrap="nowrap" style="padding-bottom: 3pt; font: 8pt Times New Roman, Times, Serif"><font style="font: 8pt Times New Roman, Times, Serif">&#160;</font></td> <td style="padding-bottom: 3pt; font: 8pt Times New Roman, Times, Serif"><font style="font: 8pt Times New Roman, Times, Serif">&#160;</font></td> <td style="border-bottom: black 2.25pt double; font: 8pt Times New Roman, Times, Serif"><font style="font: 8pt Times New Roman, Times, Serif">&#160;</font></td> <td style="border-bottom: black 2.25pt double; font: 8pt Times New Roman, Times, Serif; text-align: right"><font style="font: 8pt Times New Roman, Times, Serif">&#160;</font></td> <td nowrap="nowrap" style="padding-bottom: 3pt; font: 8pt Times New Roman, Times, Serif"><font style="font: 8pt Times New Roman, Times, Serif">&#160;</font></td></tr> </table> <p style="font: 8pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><font style="font: 8pt Times New Roman, Times, Serif">&#160;</font></p> <p style="font: 8pt Times New Roman, Times, Serif; margin: 0"><font style="font: 8pt Times New Roman, Times, Serif">During the year ended December 31, 2014, the Company appointed seven new members to its Board of Advisors and granted 10,000 non-qualified stock options (70,000 in aggregate) to each advisor that vest upon one year of service. The stock options were valued using the Black-Scholes option pricing model. Fair values of these options were calculated using the following inputs in the valuation model; 10-year term; $0.10 exercise price; common stock price of $0.10 - $2.15; risk free rate of 2.47%- 3.00% and volatility of 156%-159%. The grant date fair value of these stock options was $74,313. The Company recorded $24,346 of stock-based compensation expense during the six months ended June 30, 2015 in connection with these stock options. The remaining $1,973 of stock compensation expense will be expensed during the remainder of 2015.</font></p> <p style="font: 8pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><font style="font: 8pt Times New Roman, Times, Serif">&#160;</font></p> <p style="font: 8pt Times New Roman, Times, Serif; margin: 0"><font style="font: 8pt Times New Roman, Times, Serif">On December 31, 2014, the Company granted 259,706 stock options to the Company&#146;s CFO. The stock options were valued using the Black-Scholes option-pricing model. Fair value of these options was calculated using the following inputs in the valuation model; 10-year term; $0.43 exercise price; common stock price of $1.50; risk free rate of 2.17% and volatility of 156%. The grant date fair value of the stock options was $386,724 and will vest in four equal installments quarterly over one year. On May 29, 2015, the CFO forfeited 100,000 stock options. The grant date fair value of the remaining stock options pursuant to this agreement is $238,034. During the six months ended June 30, 2015, the Company recorded share-based compensation of $119,017 pursuant to these stock options related to 79,853 stock options that vested. The remaining $119,017 will be expensed during the remainder of 2015.</font></p> <p style="font: 8pt Times New Roman, Times, Serif; margin: 0"><font style="font: 8pt Times New Roman, Times, Serif">&#160;</font></p> <p style="font: 8pt Times New Roman, Times, Serif; margin: 0"><font style="font: 8pt Times New Roman, Times, Serif">On April 9, 2015, the Company granted 213,000 stock options to the various independent contractors, independent consultants and advisors. The stock options were valued using the Black-Scholes option pricing model. Fair value of these options was calculated using the following inputs in the valuation model; 10-year term; $0.43 exercise price; common stock price of $1.50; risk free rate of 1.97% and volatility of 156%. The grant date fair value of the stock options was $163,770. The stocks option grants have various vesting schedules as approved by the Board of Directors, of which 43,000 stock options vested during quarter ending June 30, 2015, 20,000 will vest on December 31, 2015 and the remaining 150,000 vest in quarterly installments on July 1, 2015, October 1, 2015 and January 1, 2016. The Company recorded $97,133 of stock-based compensation expense during the six months ended June 30, 2015 in connection with these stock options. The remaining $66,637 of stock compensation expense will be expensed during the remainder of 2015.</font></p> <p style="font: 8pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><font style="font: 8pt Times New Roman, Times, Serif">&#160;</font></p> <p style="font: 8pt Times New Roman, Times, Serif; margin: 0"><font style="font: 8pt Times New Roman, Times, Serif">On April 10, 2015, the Company granted 400,000 stock options for The Brewer Group for Business Development and Marketing Services. The stock options were valued using the Black-Scholes option pricing model. Fair value of these stock options was calculated using the following inputs in the valuation model; 10-year term; $0.43 exercise price; common stock price of $0.78; risk free rate of 1.96% and volatility of 156%. The grant date fair value of the stock options was $307,532 and will vest on January 1, 2016. The Company recorded $102,511 of stock-based compensation expense during the six months ended June 30, 2015 in connection with these stock options. The remaining $205,021 of stock compensation expense will be expensed during the remainder of 2015.</font></p> <p style="font: 8pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><font style="font: 8pt Times New Roman, Times, Serif">&#160;</font></p> <p style="font: 8pt Times New Roman, Times, Serif; margin: 0"><font style="font: 8pt Times New Roman, Times, Serif">On May 4, 2015, the Company granted 40,000 stock options to four (4) of its Board of Advisors for compensation during the fiscal year 2015. The stock options were valued using the Black-Scholes option pricing model. Fair value of these options was calculated using the following inputs in the valuation model; 10-year term; $0.43 exercise price; common stock price of $0.10; risk free rate of 2.05% to 2.16% and volatility of 155%. The grant date fair value of the stock options was $3,897 and will vest on December 31, 2015. The Company recorded $1,299 of stock-based compensation expense during the six months ended June 30, 2015 in connection with these stock options. The remaining $2,598 of stock compensation expense will be expensed during the remainder of 2015.</font></p> <p style="font: 8pt Times New Roman, Times, Serif; margin: 0; text-indent: 0pt">The following table sets forth, by level within the fair value hierarchy, the Company&#146;s financial assets and liabilities that were accounted for at fair value on a recurring basis as of September 30, 2015:</p> <p style="font: 8pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&#160;</p> <table cellspacing="0" cellpadding="0" style="font: 8pt Times New Roman, Times, Serif; width: 100%"> <tr style="vertical-align: bottom"> <td><font style="font-size: 8pt"><b>FAIR VALUE MEASUREMENTS</b></font></td> <td>&#160;</td> <td colspan="2" style="text-align: center"><font style="font-size: 8pt"><b>Quoted Prices In Active Markets for Identical Assets</b></font></td> <td nowrap="nowrap">&#160;</td> <td>&#160;</td> <td colspan="2" style="text-align: center"><font style="font-size: 8pt"><b>Significant Other Observable Inputs</b></font></td> <td nowrap="nowrap">&#160;</td> <td>&#160;</td> <td colspan="2" style="text-align: center"><font style="font-size: 8pt"><b>Significant Unobservable Inputs</b></font></td> <td nowrap="nowrap">&#160;</td> <td>&#160;</td> <td colspan="2" style="text-align: center"><font style="font-size: 8pt"><b>Total Carrying Value as of September 30,</b></font></td> <td nowrap="nowrap">&#160;</td></tr> <tr style="vertical-align: bottom"> <td style="padding-bottom: 1.5pt">&#160;</td> <td style="padding-bottom: 1.5pt">&#160;</td> <td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center"><font style="font-size: 8pt"><b>(Level 1)</b></font></td> <td nowrap="nowrap" style="padding-bottom: 1.5pt">&#160;</td> <td style="padding-bottom: 1.5pt">&#160;</td> <td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center"><font style="font-size: 8pt"><b>(Level 2)</b></font></td> <td nowrap="nowrap" style="padding-bottom: 1.5pt">&#160;</td> <td style="padding-bottom: 1.5pt">&#160;</td> <td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center"><font style="font-size: 8pt"><b>(Level 3)</b></font></td> <td nowrap="nowrap" style="padding-bottom: 1.5pt">&#160;</td> <td style="padding-bottom: 1.5pt">&#160;</td> <td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center"><font style="font-size: 8pt"><b>2015</b></font></td> <td nowrap="nowrap" style="padding-bottom: 1.5pt">&#160;</td></tr> <tr style="vertical-align: bottom"> <td><font style="font-size: 8pt"><b>Variable conversion features- convertible debt derivatives</b></font></td> <td>&#160;</td> <td colspan="2">&#160;</td> <td nowrap="nowrap">&#160;</td> <td>&#160;</td> <td colspan="2">&#160;</td> <td nowrap="nowrap">&#160;</td> <td style="text-align: right">&#160;</td> <td><font style="font-size: 8pt">$</font></td> <td style="text-align: right"><font style="font-size: 8pt">132,440</font></td> <td nowrap="nowrap">&#160;</td> <td style="text-align: right">&#160;</td> <td><font style="font-size: 8pt">$</font></td> <td style="text-align: right"><font style="font-size: 8pt">32,440</font></td> <td nowrap="nowrap">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td style="padding-bottom: 3pt"><font style="font-size: 8pt"><b>Total</b></font></td> <td style="padding-bottom: 3pt; text-align: right">&#160;</td> <td style="border-bottom: black 2.25pt double"><font style="font-size: 8pt"><b>$</b></font></td> <td style="border-bottom: black 2.25pt double; text-align: right"><font style="font-size: 8pt"><b>0.00</b></font></td> <td nowrap="nowrap" style="padding-bottom: 3pt">&#160;</td> <td style="padding-bottom: 3pt; text-align: right">&#160;</td> <td style="border-bottom: black 2.25pt double"><font style="font-size: 8pt"><b>$</b></font></td> <td style="border-bottom: black 2.25pt double; text-align: right"><font style="font-size: 8pt"><b>0.00</b></font></td> <td nowrap="nowrap" style="padding-bottom: 3pt">&#160;</td> <td style="padding-bottom: 3pt; text-align: right">&#160;</td> <td style="border-bottom: black 2.25pt double"><font style="font-size: 8pt"><b>$</b></font></td> <td style="border-bottom: black 2.25pt double; text-align: right"><font style="font-size: 8pt"><b>132,440</b></font></td> <td nowrap="nowrap" style="padding-bottom: 3pt">&#160;</td> <td style="padding-bottom: 3pt; text-align: right">&#160;</td> <td style="border-bottom: black 2.25pt double"><font style="font-size: 8pt"><b>$</b></font></td> <td style="border-bottom: black 2.25pt double; text-align: right"><font style="font-size: 8pt"><b>132,440</b></font></td> <td nowrap="nowrap" style="padding-bottom: 3pt">&#160;</td></tr> <tr> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td></tr> </table> <p style="font: 8pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&#160;</p> <p style="font: 8pt Times New Roman, Times, Serif; margin: 0">The following table sets forth a reconciliation of changes in the fair value of financial liabilities classified as level 3 in the fair value hierarchy:</p> <p style="font: 8pt Times New Roman, Times, Serif; margin: 0">&#160;</p> <table cellspacing="0" cellpadding="0" style="font: 8pt Times New Roman, Times, Serif; width: 100%"> <tr style="vertical-align: bottom"> <td>&#160;</td> <td>&#160;</td> <td colspan="6" style="text-align: center"><font style="font-size: 8pt"><b>Significant Unobservable Inputs (Level 3)</b></font></td> <td nowrap="nowrap">&#160;</td></tr> <tr style="vertical-align: bottom"> <td style="padding-bottom: 1.5pt">&#160;</td> <td style="padding-bottom: 1.5pt">&#160;</td> <td colspan="6" style="border-bottom: black 1.5pt solid; text-align: center"><font style="font-size: 8pt"><b>Three Months Ended September 30,</b></font></td> <td nowrap="nowrap" style="padding-bottom: 1.5pt">&#160;</td></tr> <tr style="vertical-align: bottom"> <td style="padding-bottom: 1.5pt">&#160;</td> <td style="padding-bottom: 1.5pt">&#160;</td> <td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center"><font style="font-size: 8pt"><b>2015</b></font></td> <td nowrap="nowrap" style="padding-bottom: 1.5pt">&#160;</td> <td style="padding-bottom: 1.5pt">&#160;</td> <td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center"><font style="font-size: 8pt"><b>2015</b></font></td> <td nowrap="nowrap" style="padding-bottom: 1.5pt">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td style="width: 78%"><font style="font-size: 8pt">Beginning balance</font></td> <td style="width: 1%; text-align: right">&#160;</td> <td style="width: 1%"><font style="font-size: 8pt">$</font></td> <td style="width: 8%; text-align: right"><font style="font-size: 8pt">-</font></td> <td nowrap="nowrap" style="width: 1%">&#160;</td> <td style="width: 1%; text-align: right">&#160;</td> <td style="width: 1%"><font style="font-size: 8pt">$</font></td> <td style="width: 8%; text-align: right"><font style="font-size: 8pt">-</font></td> <td nowrap="nowrap" style="width: 1%">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td><font style="font-size: 8pt">Additions</font></td> <td style="text-align: right">&#160;</td> <td><font style="font-size: 8pt">$</font></td> <td style="text-align: right"><font style="font-size: 8pt">80,000</font></td> <td nowrap="nowrap">&#160;</td> <td style="text-align: right">&#160;</td> <td><font style="font-size: 8pt">$</font></td> <td style="text-align: right"><font style="font-size: 8pt">-</font></td> <td nowrap="nowrap">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td><font style="font-size: 8pt">Change in fair value</font></td> <td style="text-align: right">&#160;</td> <td><font style="font-size: 8pt">$</font></td> <td style="text-align: right"><font style="font-size: 8pt">52,440</font></td> <td nowrap="nowrap">&#160;</td> <td style="text-align: right">&#160;</td> <td><font style="font-size: 8pt">$</font></td> <td style="text-align: right"><font style="font-size: 8pt">-</font></td> <td nowrap="nowrap">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td style="padding-bottom: 3pt"><font style="font-size: 8pt">Ending balance</font></td> <td style="padding-bottom: 3pt; text-align: right">&#160;</td> <td style="border-bottom: black 2.25pt double"><font style="font-size: 8pt"><b>$</b></font></td> <td style="border-bottom: black 2.25pt double; text-align: right"><font style="font-size: 8pt"><b>132,440</b></font></td> <td nowrap="nowrap" style="padding-bottom: 3pt">&#160;</td> <td style="padding-bottom: 3pt; text-align: right">&#160;</td> <td style="border-bottom: black 2.25pt double"><font style="font-size: 8pt"><b>$</b></font></td> <td style="border-bottom: black 2.25pt double; text-align: right"><font style="font-size: 8pt"><b>-</b></font></td> <td nowrap="nowrap" style="padding-bottom: 3pt">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right">&#160;</td> <td nowrap="nowrap">&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right">&#160;</td> <td nowrap="nowrap">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td><font style="font-size: 8pt">Change in unrealized loss included in earnings</font></td> <td style="text-align: right">&#160;</td> <td><font style="font-size: 8pt">$</font></td> <td style="text-align: right"><font style="font-size: 8pt">52,440</font></td> <td nowrap="nowrap">&#160;</td> <td style="text-align: right">&#160;</td> <td><font style="font-size: 8pt">$</font></td> <td style="text-align: right"><font style="font-size: 8pt">-</font></td> <td nowrap="nowrap">&#160;</td></tr> </table> <p style="font: 8pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&#160;</p> <p style="font: 8pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&#160;</p> <p style="margin: 0pt; font: 8pt Times New Roman, Times, Serif"></p> <p style="font: 8pt Times New Roman, Times, Serif; margin: 0"><font style="font: 8pt Times New Roman, Times, Serif">On October 2, 2015 the Company cancelled its Memorandum of Understanding with Ascot Industrial.</font></p> <p style="font: 8pt Times New Roman, Times, Serif; margin: 0"><font style="font: 8pt Times New Roman, Times, Serif">&#160;</font></p> <p style="font: 8pt Times New Roman, Times, Serif; margin: 0"><font style="font: 8pt Times New Roman, Times, Serif">On October 2, 2015 the Company delayed its product launch of the MESS system due to a system enhancement.&#160;&#160;The product launch is now scheduled for first quarter 2016..</font></p> <p style="font: 8pt Times New Roman, Times, Serif; margin: 0"><font style="font: 8pt Times New Roman, Times, Serif">&#160;</font></p> <p style="font: 8pt Times New Roman, Times, Serif; margin: 0"><font style="font: 8pt Times New Roman, Times, Serif">On October 22, 2015, the Company granted 18,000 stock options fully vested in aggregate to certain employees in exchange for services.</font></p> <p style="font: 8pt Times New Roman, Times, Serif; margin: 0"><font style="font: 8pt Times New Roman, Times, Serif">&#160;</font></p> <p style="font: 8pt Times New Roman, Times, Serif; margin: 0"><font style="font: 8pt Times New Roman, Times, Serif">On October 27, 2015, the Company entered into a Promissory Note with the Company&#146;s CFO in the amount of $6,866.00 and accrues an annual interest rate of 8%, both principle and interest are due upon demand from lender.&#160;&#160;The Promissory note was issued in exchange for a portion of the CFO&#146;s salary for the month of October 2015.</font></p> <p style="font: 8pt Times New Roman, Times, Serif; margin: 0"><font style="font: 8pt Times New Roman, Times, Serif">&#160;</font></p> <p style="margin: 0; font: 8pt Times New Roman, Times, Serif"><font style="font: 8pt Times New Roman, Times, Serif">On October 30, 2015 the Company entered into a non-exclusive Financial Advisory Agreement with Ardour Capital Investments, LLC and will focus on assisting the Company in its strategies for maximizing shareholder value through its full scope of investment banking services.&#160;&#160;The Company issued an up front payment of $5,000 as a retainer and agrees to a monthly payments of $10,000 which will accrue and become payable upon a successful equity and/or debt financing.&#160;&#160;In addition, the Company granted 25,000 shares of Common Stock fully vested.</font></p> <p style="font: 8pt Times New Roman, Times, Serif; margin: 0">The accompanying interim unaudited financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (&#147;GAAP&#148;) for interim financial information and on the same basis as the annual audited financial statements. In the opinion of management, these financial statements include all adjustments, which, unless otherwise disclosed, are of a normal recurring nature, necessary for a fair presentation of the financial position, results of operations, and cash flows for the periods presented. The results of interim periods are not necessarily indicative of results for the entire year. The balance sheet at December 31, 2014 has been derived from audited financial statements; however, the notes to the financial statements do not include all of the information and notes required by GAAP for complete financial statements. The accompanying interim unaudited financial statements should be read in conjunction with the financial statements and notes thereto for the period ended December 31, 2014, included in the Form 10-K filed with the SEC on April 8, 2015.</p> <p style="font: 8pt Times New Roman, Times, Serif; margin: 0">The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.</p> <p style="font: 8pt Times New Roman, Times, Serif; margin: 0">Certain accounts in the prior period were reclassified to conform to the current period financial statement presentation.</p> <p style="font: 8pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&#160;</p> <p style="font: 8pt Times New Roman, Times, Serif; margin: 0">The Company considers all highly liquid, short-term investments purchased with an original maturity of three months or less to be cash equivalents. These investments are carried at cost, which approximates fair value.</p> <p style="font: 8pt Times New Roman, Times, Serif; margin: 0">The Company&#146;s intangible assets consist of patents and trademarks with indefinite lives. The Company capitalizes the filing and legal fees related to the patent and trademark registrations, which totaled $18,663 and $8,965 as of September 30, 2015 and December 31, 2014, respectively.</p> <p style="font: 8pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&#160;</p> <p style="font: 8pt Times New Roman, Times, Serif; margin: 0">The Company reviews its indefinite-lived intangible assets for impairment whenever events or circumstances indicate that the carrying amount of an asset may not be recoverable. The Company assesses recoverability by reference to future cash flows from the products underlying these intangible assets. If these estimates change in the future, the Company may be required to record impairment charges for these assets. As of September 30, 2015 and December 31, 2014, no impairment was recorded.</p> <p style="font: 8pt Times New Roman, Times, Serif; margin: 0">Furniture and office equipment is stated at cost and depreciated using the straight-line method over 7 years, the estimated useful life of the asset. Computers and software developed or obtained for internal use are depreciated using the straight-line method over the estimated useful life of 5 years. Office leasehold improvements are amortized over 6 years, the term of the lease. Repairs and maintenance are expensed as incurred.</p> <p style="font: 8pt Times New Roman, Times, Serif; margin: 0"><font style="background-color: white">The Company evaluates stock options, stock warrants or other contracts to determine if those contracts or embedded components of those contracts qualify as derivatives to be separately accounted for under the relevant sections of ASC Topic 815-40,&#160;<i>Derivative Instruments and Hedging: Contracts in Entity&#146;s Own Equity</i>. The result of this accounting treatment could be that the fair value of a financial instrument is classified as a derivative instrument and is marked-to-market at each balance sheet date and recorded as a liability. In the event that the fair value is recorded as a liability, the change in fair value is recorded in the statement of operations as other income or expense. Upon conversion or exercise of a derivative instrument, the instrument is marked to fair value at the conversion date and then that fair value is reclassified to equity. Financial instruments that are initially classified as equity that become subject to reclassification under ASC Topic 815-40 are reclassified to a liability account at the fair value of the instrument on the reclassification date.</font></p> <p style="font: 8pt Times New Roman, Times, Serif; margin: 0">The Company uses the asset and liability method in accounting for income taxes. Under this method, deferred tax assets and liabilities are determined based on differences between financial reporting and income tax carrying amounts of assets and liabilities and are measured using the enacted tax rates and laws that will be in effect when the differences are expected to reverse. The Company reviews deferred tax assets for a valuation allowance based upon whether it is more likely than not that the deferred tax asset will be fully realized. A valuation allowance, if necessary, is provided against deferred tax assets, based upon management&#146;s assessment as to their realization.</p> <p style="font: 8pt Times New Roman, Times, Serif; margin: 0">The Company&#146;s revenue generated consisted of revenues from consulting services from a related party. Revenue is recognized at the time when a price is fixed and determinable, persuasive evidence of an arrangement exists, the service has been rendered, and collectability is assured.</p> <p style="font: 8pt Times New Roman, Times, Serif; margin: 0">The Company amortizes the cost of services received in exchange for equity instruments based on the grant date fair value of such instruments over the service period.</p> <p style="font: 8pt Times New Roman, Times, Serif; margin: 0">As defined in FASB ASC Topic No. 820 &#150; 10, fair value is the price that would be received upon the sale of an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. FASB ASC Topic No. 820 &#150; 10 requires disclosure that establishes a framework for measuring fair value and expands disclosure about fair value measurements. The statement requires fair value measurements be classified and disclosed in one of the following categories:</p> <p style="font: 8pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&#160;</p> <table cellspacing="0" cellpadding="0" style="width: 100%"> <tr style="vertical-align: top"> <td style="width: 10%; font: 8pt Times New Roman, Times, Serif"><font style="font-size: 8pt">Level 1:</font></td> <td style="width: 90%; font: 8pt Times New Roman, Times, Serif"><font style="font-size: 8pt">Unadjusted quoted prices in active markets that are accessible at the measurement date for identical, unrestricted assets or liabilities. The Company considers active markets as those in which transactions for the assets or liabilities occur in sufficient frequency and volume to provide pricing information on an ongoing basis.</font></td></tr> </table> <p style="margin-top: 0; margin-bottom: 0">&#160;&#160;</p> <p style="font: 8pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"></p> <table cellspacing="0" cellpadding="0" style="width: 100%"> <tr style="vertical-align: top"> <td style="width: 10%; font: 8pt Times New Roman, Times, Serif"><font style="font-size: 8pt">Level 2:</font></td> <td style="width: 90%; font: 8pt Times New Roman, Times, Serif"><font style="font-size: 8pt">Quoted prices in markets that are not active, or inputs which are observable, either directly or indirectly, for substantially the full term of the asset or liability. This category includes those derivative instruments that the Company values using observable market data. Substantially all of these inputs are observable in the marketplace throughout the term of the derivative instruments, can be derived from observable data, or supported by observable levels at which transactions are executed in the marketplace.</font></td></tr> </table> <p style="font: 8pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"></p> <p style="font: 8pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&#160;&#160;&#160;&#160;</p> <p style="font: 8pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"></p> <table cellspacing="0" cellpadding="0" style="width: 100%"> <tr style="vertical-align: top"> <td style="width: 10%; font: 8pt Times New Roman, Times, Serif"><font style="font-size: 8pt">Level 3:</font></td> <td style="width: 90%; font: 8pt Times New Roman, Times, Serif"><font style="font-size: 8pt">Measured based on prices or valuation models that require inputs that are both significant to the fair value measurement and less observable from objective sources (i.e. supported by little or no market activity). The Company&#146;s valuation models are primarily industry standard models. Level 3 instruments include derivative warrant instruments. The Company does not have sufficient corroborating evidence to support classifying these assets and liabilities as Level 1 or Level 2.</font></td></tr> </table> <p style="font: 8pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&#160;</p> <p style="font: 8pt Times New Roman, Times, Serif; margin: 0">As required by FASB ASC Topic No. 820 &#150; 10, financial assets and liabilities are classified based on the lowest level of input that is significant to the fair value measurement. The Company&#146;s assessment of the significance of a particular input to the fair value measurement requires judgment, and may affect the valuation of the fair value of assets and liabilities and their placement within the fair value hierarchy levels. The estimated fair value of the variable feature convertible debt instrument was calculated using the black scholes model.</p> <p style="font: 8pt Times New Roman, Times, Serif; margin: 0">Basic net loss per common share is computed by dividing net loss by the weighted-average number of common shares outstanding during the period. Diluted net loss per common share is determined using the weighted-average number of common shares outstanding during the period, adjusted for the dilutive effect of common stock equivalents. In periods when losses are reported, the diluted weighted-average number of common shares outstanding excludes common stock equivalents because their inclusion would be anti-dilutive. At September 30, 2015, the Company had 2,243,616 stock options and 1,682,785 shares issuable upon the conversion of convertible debt that would have been included in its calculation of diluted net loss per common share if they were not anti-dilutive.<b>&#160;</b></p> <p style="font: 8pt Times New Roman, Times, Serif; margin: 0">Recently issued or adopted accounting pronouncements are not expected to, or did not have, a material impact on our financial position, results of operations or cash flows.</p> <p style="font: 8pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&#160;</p> <p style="font: 8pt Times New Roman, Times, Serif; margin: 0">The Company evaluates subsequent events through the date when financial statements are issued for disclosure consideration.</p> <table cellspacing="0" cellpadding="0" style="font: 8pt Times New Roman, Times, Serif; width: 100%"> <tr style="vertical-align: bottom"> <td style="padding-bottom: 1.5pt">&#160;</td> <td style="padding-bottom: 1.5pt">&#160;</td> <td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center"><font style="font-size: 8pt"><b>September 30, 2015</b></font></td> <td nowrap="nowrap" style="padding-bottom: 1.5pt">&#160;</td> <td style="padding-bottom: 1.5pt">&#160;</td> <td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center"><font style="font-size: 8pt"><b>December 31, 2014</b></font></td> <td nowrap="nowrap" style="padding-bottom: 1.5pt">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td style="width: 78%"><font style="font-size: 8pt">Furniture and equipment</font></td> <td style="width: 1%; text-align: right">&#160;</td> <td style="width: 1%"><font style="font-size: 8pt">$</font></td> <td style="width: 8%; text-align: right"><font style="font-size: 8pt">1,191</font></td> <td nowrap="nowrap" style="width: 1%">&#160;</td> <td style="width: 1%; text-align: right">&#160;</td> <td style="width: 1%"><font style="font-size: 8pt">$</font></td> <td style="width: 8%; text-align: right"><font style="font-size: 8pt">5,608</font></td> <td nowrap="nowrap" style="width: 1%">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td><font style="font-size: 8pt">Computers and software</font></td> <td style="text-align: right">&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 8pt">49,823</font></td> <td nowrap="nowrap">&#160;</td> <td style="text-align: right">&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 8pt">2,183</font></td> <td nowrap="nowrap">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td style="padding-bottom: 1.5pt"><font style="font-size: 8pt">Less: accumulated depreciation</font></td> <td style="padding-bottom: 1.5pt; text-align: right">&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font-size: 8pt">(48,924</font></td> <td nowrap="nowrap" style="padding-bottom: 1.5pt"><font style="font-size: 8pt">)</font></td> <td style="padding-bottom: 1.5pt; text-align: right">&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font-size: 8pt">(3,236</font></td> <td nowrap="nowrap" style="padding-bottom: 1.5pt"><font style="font-size: 8pt">)</font></td></tr> <tr style="vertical-align: bottom; background-color: white"> <td style="padding-bottom: 1.5pt"><font style="font-size: 8pt">Furniture and office equipment, net</font></td> <td style="padding-bottom: 1.5pt; text-align: right">&#160;</td> <td style="border-bottom: black 1.5pt solid"><font style="font-size: 8pt"><b>$</b></font></td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font-size: 8pt"><b>52,089</b></font></td> <td nowrap="nowrap" style="padding-bottom: 1.5pt">&#160;</td> <td style="padding-bottom: 1.5pt; text-align: right">&#160;</td> <td style="border-bottom: black 1.5pt solid"><font style="font-size: 8pt"><b>$</b></font></td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font-size: 8pt"><b>4,555</b></font></td> <td nowrap="nowrap" style="padding-bottom: 1.5pt">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td><font style="font-size: 8pt">Leasehold Improvements</font></td> <td style="text-align: right">&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 8pt">6,530</font></td> <td nowrap="nowrap">&#160;</td> <td style="text-align: right">&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 8pt">-</font></td> <td nowrap="nowrap">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td style="padding-bottom: 1.5pt"><font style="font-size: 8pt">Total Fixed Assets</font></td> <td style="padding-bottom: 1.5pt; text-align: right">&#160;</td> <td style="border-bottom: black 1.5pt solid"><font style="font-size: 8pt"><b>$</b></font></td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font-size: 8pt"><b>58,619</b></font></td> <td nowrap="nowrap" style="padding-bottom: 1.5pt">&#160;</td> <td style="padding-bottom: 1.5pt; text-align: right">&#160;</td> <td style="border-bottom: black 1.5pt solid"><font style="font-size: 8pt"><b>$</b></font></td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font-size: 8pt"><b>4,555</b></font></td> <td nowrap="nowrap" style="padding-bottom: 1.5pt">&#160;</td></tr> </table> <table cellspacing="0" cellpadding="0" style="font: 8pt Times New Roman, Times, Serif; width: 100%"> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td style="width: 89%"><font style="font-size: 8pt">For the year ending Sep 30, 2015</font></td> <td style="width: 1%">&#160;</td> <td style="width: 1%">&#160;</td> <td style="width: 8%; text-align: right">&#160;</td> <td style="width: 1%">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td><font style="font-size: 8pt">2016</font></td> <td>&#160;</td> <td><font style="font-size: 8pt">$</font></td> <td style="text-align: right"><font style="font-size: 8pt">34,578</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td><font style="font-size: 8pt">2017</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 8pt">34,578</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td><font style="font-size: 8pt">2018</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 8pt">26,899</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td><font style="font-size: 8pt">2019</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 8pt">12,638</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td><font style="font-size: 8pt">2020</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 8pt">7,237</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td><font style="font-size: 8pt">Total minimum lease payments</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 8pt">115,879</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td style="padding-bottom: 1.5pt"><font style="font-size: 8pt">Less: amount representing interest</font></td> <td style="padding-bottom: 1.5pt">&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font-size: 8pt">(26,909</font></td> <td style="padding-bottom: 1.5pt"><font style="font-size: 8pt">)</font></td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td><font style="font-size: 8pt">Present value of net minimum lease obligations</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 8pt">88,970</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td style="padding-bottom: 1.5pt"><font style="font-size: 8pt">Less: current maturities of capital lease obligations</font></td> <td style="padding-bottom: 1.5pt">&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font-size: 8pt">(22,502</font></td> <td style="padding-bottom: 1.5pt"><font style="font-size: 8pt">)</font></td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td style="padding-bottom: 3pt"><font style="font-size: 8pt">Long-term capital lease obligations</font></td> <td style="padding-bottom: 3pt">&#160;</td> <td style="border-bottom: black 2.25pt double"><font style="font-size: 8pt">$</font></td> <td style="border-bottom: black 2.25pt double; text-align: right"><font style="font-size: 8pt">66,469</font></td> <td style="padding-bottom: 3pt">&#160;</td></tr> </table> <table cellspacing="0" cellpadding="0" style="font: 8pt Times New Roman, Times, Serif; width: 100%"> <tr style="vertical-align: bottom"> <td style="padding-bottom: 1.5pt">&#160;</td> <td style="padding-bottom: 1.5pt">&#160;</td> <td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center"><font style="font-size: 8pt"><b>Balance at December 31, 2014</b></font></td> <td nowrap="nowrap" style="padding-bottom: 1.5pt">&#160;</td> <td style="padding-bottom: 1.5pt">&#160;</td> <td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center"><font style="font-size: 8pt"><b>Initial valuation of derivative liability upon issuance of variable feature convertible note</b></font></td> <td nowrap="nowrap" style="padding-bottom: 1.5pt">&#160;</td> <td style="padding-bottom: 1.5pt">&#160;</td> <td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center"><font style="font-size: 8pt"><b>Change in fair value of derivative liability</b></font></td> <td nowrap="nowrap" style="padding-bottom: 1.5pt">&#160;</td> <td style="padding-bottom: 1.5pt">&#160;</td> <td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center"><font style="font-size: 8pt"><b>Balance at Sep 30, 2015</b></font></td> <td nowrap="nowrap" style="padding-bottom: 1.5pt">&#160;</td></tr> <tr style="vertical-align: bottom"> <td>&#160;</td> <td>&#160;</td> <td colspan="2">&#160;</td> <td nowrap="nowrap">&#160;</td> <td>&#160;</td> <td colspan="2">&#160;</td> <td nowrap="nowrap">&#160;</td> <td>&#160;</td> <td colspan="2">&#160;</td> <td nowrap="nowrap">&#160;</td> <td>&#160;</td> <td colspan="2">&#160;</td> <td nowrap="nowrap">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td style="width: 52%; padding-bottom: 1.5pt"><font style="font-size: 8pt"><b>Convertible debt</b></font></td> <td style="width: 1%; padding-bottom: 1.5pt">&#160;</td> <td style="width: 1%; border-bottom: black 1.5pt solid"><font style="font-size: 8pt">$</font></td> <td style="width: 9%; border-bottom: black 1.5pt solid; text-align: right"><font style="font-size: 8pt">0.00</font></td> <td nowrap="nowrap" style="width: 1%; padding-bottom: 1.5pt">&#160;</td> <td style="width: 1%; padding-bottom: 1.5pt; text-align: right">&#160;</td> <td style="width: 1%; border-bottom: black 1.5pt solid"><font style="font-size: 8pt">$</font></td> <td style="width: 9%; border-bottom: black 1.5pt solid; text-align: right"><font style="font-size: 8pt">80,000</font></td> <td nowrap="nowrap" style="width: 1%; padding-bottom: 1.5pt">&#160;</td> <td style="width: 1%; padding-bottom: 1.5pt; text-align: right">&#160;</td> <td style="width: 1%; border-bottom: black 1.5pt solid"><font style="font-size: 8pt">$</font></td> <td style="width: 9%; border-bottom: black 1.5pt solid; text-align: right"><font style="font-size: 8pt">52,440</font></td> <td nowrap="nowrap" style="width: 1%; padding-bottom: 1.5pt">&#160;</td> <td style="width: 1%; padding-bottom: 1.5pt; text-align: right">&#160;</td> <td style="width: 1%; border-bottom: black 1.5pt solid"><font style="font-size: 8pt">$</font></td> <td style="width: 9%; border-bottom: black 1.5pt solid; text-align: right"><font style="font-size: 8pt">132,440</font></td> <td nowrap="nowrap" style="width: 1%; padding-bottom: 1.5pt">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td style="padding-bottom: 3pt"><font style="font-size: 8pt">Total</font></td> <td style="padding-bottom: 3pt">&#160;</td> <td style="border-bottom: black 2.25pt double"><font style="font-size: 8pt"><b>$</b></font></td> <td style="border-bottom: black 2.25pt double; text-align: right"><font style="font-size: 8pt"><b>0.00</b></font></td> <td nowrap="nowrap" style="padding-bottom: 3pt">&#160;</td> <td style="padding-bottom: 3pt; text-align: right">&#160;</td> <td style="border-bottom: black 2.25pt double"><font style="font-size: 8pt"><b>$</b></font></td> <td style="border-bottom: black 2.25pt double; text-align: right"><font style="font-size: 8pt"><b>80,000</b></font></td> <td nowrap="nowrap" style="padding-bottom: 3pt">&#160;</td> <td style="padding-bottom: 3pt; text-align: right">&#160;</td> <td style="border-bottom: black 2.25pt double"><font style="font-size: 8pt"><b>$</b></font></td> <td style="border-bottom: black 2.25pt double; text-align: right"><font style="font-size: 8pt"><b>52,440</b></font></td> <td nowrap="nowrap" style="padding-bottom: 3pt">&#160;</td> <td style="padding-bottom: 3pt; text-align: right">&#160;</td> <td style="border-bottom: black 2.25pt double"><font style="font-size: 8pt"><b>$</b></font></td> <td style="border-bottom: black 2.25pt double; text-align: right"><font style="font-size: 8pt"><b>132,440</b></font></td> <td nowrap="nowrap" style="padding-bottom: 3pt">&#160;</td></tr> </table> <table cellspacing="0" cellpadding="0" style="font: 8pt Times New Roman, Times, Serif; width: 100%"> <tr style="vertical-align: bottom"> <td style="padding-bottom: 1.5pt">&#160;</td> <td style="padding-bottom: 1.5pt">&#160;</td> <td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center"><font style="font-size: 8pt"><b>Options</b></font></td> <td nowrap="nowrap" style="padding-bottom: 1.5pt">&#160;</td> <td style="padding-bottom: 1.5pt">&#160;</td> <td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center"><font style="font-size: 8pt"><b>Weighted-Average Exercise Price</b></font></td> <td nowrap="nowrap" style="padding-bottom: 1.5pt">&#160;</td> <td style="padding-bottom: 1.5pt">&#160;</td> <td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center"><font style="font-size: 8pt"><b>Weighted-Average Remaining Contractual Term</b></font></td> <td nowrap="nowrap" style="padding-bottom: 1.5pt">&#160;</td> <td style="padding-bottom: 1.5pt">&#160;</td> <td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center"><font style="font-size: 8pt"><b>Weighted-Average Grant Date Fair Value</b></font></td> <td nowrap="nowrap" style="padding-bottom: 1.5pt">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td style="width: 52%"><font style="font-size: 8pt">Options Outstanding, December 31, 2014</font></td> <td style="width: 1%; text-align: right">&#160;</td> <td style="width: 1%">&#160;</td> <td style="width: 9%; text-align: right"><font style="font-size: 8pt">1,690,616</font></td> <td nowrap="nowrap" style="width: 1%">&#160;</td> <td style="width: 1%; text-align: right">&#160;</td> <td style="width: 1%"><font style="font-size: 8pt">$</font></td> <td style="width: 9%; text-align: right"><font style="font-size: 8pt">.51</font></td> <td nowrap="nowrap" style="width: 1%">&#160;</td> <td style="width: 1%; text-align: right">&#160;</td> <td style="width: 1%"><font style="font-size: 8pt">$</font></td> <td style="width: 9%; text-align: right"><font style="font-size: 8pt">9.84</font></td> <td nowrap="nowrap" style="width: 1%">&#160;</td> <td style="width: 1%; text-align: right">&#160;</td> <td style="width: 1%"><font style="font-size: 8pt">$</font></td> <td style="width: 9%; text-align: right"><font style="font-size: 8pt">1.47</font></td> <td nowrap="nowrap" style="width: 1%">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td><font style="font-size: 8pt">Options Granted</font></td> <td style="text-align: right">&#160;</td> <td><font style="font-size: 8pt">$</font></td> <td style="text-align: right"><font style="font-size: 8pt">653,000</font></td> <td nowrap="nowrap">&#160;</td> <td style="text-align: right">&#160;</td> <td><font style="font-size: 8pt">$</font></td> <td style="text-align: right"><font style="font-size: 8pt">0.43</font></td> <td nowrap="nowrap">&#160;</td> <td style="text-align: right">&#160;</td> <td><font style="font-size: 8pt">$</font></td> <td style="text-align: right"><font style="font-size: 8pt">10.00</font></td> <td nowrap="nowrap">&#160;</td> <td style="text-align: right">&#160;</td> <td><font style="font-size: 8pt">$</font></td> <td style="text-align: right"><font style="font-size: 8pt">0.73</font></td> <td nowrap="nowrap">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td><font style="font-size: 8pt">Options Exercised</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right">&#160;</td> <td nowrap="nowrap">&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right">&#160;</td> <td nowrap="nowrap">&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right">&#160;</td> <td nowrap="nowrap">&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right">&#160;</td> <td nowrap="nowrap">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td style="padding-bottom: 1.5pt"><font style="font-size: 8pt">Options Forfeited</font></td> <td style="padding-bottom: 1.5pt; text-align: right">&#160;</td> <td style="border-bottom: black 1.5pt solid"><font style="font-size: 8pt">$</font></td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font-size: 8pt">(100,000</font></td> <td nowrap="nowrap" style="padding-bottom: 1.5pt"><font style="font-size: 8pt">)</font></td> <td style="padding-bottom: 1.5pt; text-align: right">&#160;</td> <td style="border-bottom: black 1.5pt solid"><font style="font-size: 8pt">$</font></td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font-size: 8pt">0 .43</font></td> <td nowrap="nowrap" style="padding-bottom: 1.5pt">&#160;</td> <td style="padding-bottom: 1.5pt; text-align: right">&#160;</td> <td style="border-bottom: black 1.5pt solid"><font style="font-size: 8pt">$</font></td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font-size: 8pt">0.00</font></td> <td nowrap="nowrap" style="padding-bottom: 1.5pt">&#160;</td> <td style="padding-bottom: 1.5pt; text-align: right">&#160;</td> <td style="border-bottom: black 1.5pt solid"><font style="font-size: 8pt">$</font></td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font-size: 8pt">1.49</font></td> <td nowrap="nowrap" style="padding-bottom: 1.5pt">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td style="padding-bottom: 1.5pt"><font style="font-size: 8pt">Options Outstanding at September 30, 2015</font></td> <td style="padding-bottom: 1.5pt; text-align: right">&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font-size: 8pt">2,243,616</font></td> <td nowrap="nowrap" style="padding-bottom: 1.5pt">&#160;</td> <td style="padding-bottom: 1.5pt; text-align: right">&#160;</td> <td style="border-bottom: black 1.5pt solid"><font style="font-size: 8pt">$</font></td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font-size: 8pt">0.49</font></td> <td nowrap="nowrap" style="padding-bottom: 1.5pt">&#160;</td> <td style="padding-bottom: 1.5pt; text-align: right">&#160;</td> <td style="border-bottom: black 1.5pt solid"><font style="font-size: 8pt">$</font></td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font-size: 8pt">9.57</font></td> <td nowrap="nowrap" style="padding-bottom: 1.5pt">&#160;</td> <td style="padding-bottom: 1.5pt; text-align: right">&#160;</td> <td style="border-bottom: black 1.5pt solid"><font style="font-size: 8pt">$</font></td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font-size: 8pt">1.25</font></td> <td nowrap="nowrap" style="padding-bottom: 1.5pt">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td style="padding-bottom: 3pt"><font style="font-size: 8pt">Options Vested and Exercisable as on September&#160;&#160;30, 2015</font></td> <td style="padding-bottom: 3pt; text-align: right">&#160;</td> <td style="border-bottom: black 2.25pt double">&#160;</td> <td style="border-bottom: black 2.25pt double; text-align: right"><font style="font-size: 8pt">1,716,616</font></td> <td nowrap="nowrap" style="padding-bottom: 3pt">&#160;</td> <td style="padding-bottom: 3pt">&#160;</td> <td style="border-bottom: black 2.25pt double">&#160;</td> <td style="border-bottom: black 2.25pt double; text-align: right">&#160;</td> <td nowrap="nowrap" style="padding-bottom: 3pt">&#160;</td> <td style="padding-bottom: 3pt">&#160;</td> <td style="border-bottom: black 2.25pt double">&#160;</td> <td style="border-bottom: black 2.25pt double; text-align: right">&#160;</td> <td nowrap="nowrap" style="padding-bottom: 3pt">&#160;</td> <td style="padding-bottom: 3pt">&#160;</td> <td style="border-bottom: black 2.25pt double">&#160;</td> <td style="border-bottom: black 2.25pt double; text-align: right">&#160;</td> <td nowrap="nowrap" style="padding-bottom: 3pt">&#160;</td></tr> </table> <table cellspacing="0" cellpadding="0" style="font: 8pt Times New Roman, Times, Serif; width: 100%"> <tr style="vertical-align: bottom"> <td><font style="font-size: 8pt"><b>FAIR VALUE MEASUREMENTS</b></font></td> <td>&#160;</td> <td colspan="2" style="text-align: center"><font style="font-size: 8pt"><b>Quoted Prices In Active Markets for Identical Assets</b></font></td> <td nowrap="nowrap">&#160;</td> <td>&#160;</td> <td colspan="2" style="text-align: center"><font style="font-size: 8pt"><b>Significant Other Observable Inputs</b></font></td> <td nowrap="nowrap">&#160;</td> <td>&#160;</td> <td colspan="2" style="text-align: center"><font style="font-size: 8pt"><b>Significant Unobservable Inputs</b></font></td> <td nowrap="nowrap">&#160;</td> <td>&#160;</td> <td colspan="2" style="text-align: center"><font style="font-size: 8pt"><b>Total Carrying Value as of September 30,</b></font></td> <td nowrap="nowrap">&#160;</td></tr> <tr style="vertical-align: bottom"> <td style="padding-bottom: 1.5pt">&#160;</td> <td style="padding-bottom: 1.5pt">&#160;</td> <td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center"><font style="font-size: 8pt"><b>(Level 1)</b></font></td> <td nowrap="nowrap" style="padding-bottom: 1.5pt">&#160;</td> <td style="padding-bottom: 1.5pt">&#160;</td> <td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center"><font style="font-size: 8pt"><b>(Level 2)</b></font></td> <td nowrap="nowrap" style="padding-bottom: 1.5pt">&#160;</td> <td style="padding-bottom: 1.5pt">&#160;</td> <td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center"><font style="font-size: 8pt"><b>(Level 3)</b></font></td> <td nowrap="nowrap" style="padding-bottom: 1.5pt">&#160;</td> <td style="padding-bottom: 1.5pt">&#160;</td> <td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center"><font style="font-size: 8pt"><b>2015</b></font></td> <td nowrap="nowrap" style="padding-bottom: 1.5pt">&#160;</td></tr> <tr style="vertical-align: bottom"> <td><font style="font-size: 8pt"><b>Variable conversion features- convertible debt derivatives</b></font></td> <td>&#160;</td> <td colspan="2">&#160;</td> <td nowrap="nowrap">&#160;</td> <td>&#160;</td> <td colspan="2">&#160;</td> <td nowrap="nowrap">&#160;</td> <td style="text-align: right">&#160;</td> <td><font style="font-size: 8pt">$</font></td> <td style="text-align: right"><font style="font-size: 8pt">132,440</font></td> <td nowrap="nowrap">&#160;</td> <td style="text-align: right">&#160;</td> <td><font style="font-size: 8pt">$</font></td> <td style="text-align: right"><font style="font-size: 8pt">32,440</font></td> <td nowrap="nowrap">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td style="width: 52%; padding-bottom: 3pt"><font style="font-size: 8pt"><b>Total</b></font></td> <td style="width: 1%; padding-bottom: 3pt; text-align: right">&#160;</td> <td style="width: 1%; border-bottom: black 2.25pt double"><font style="font-size: 8pt"><b>$</b></font></td> <td style="width: 9%; border-bottom: black 2.25pt double; text-align: right"><font style="font-size: 8pt"><b>0.00</b></font></td> <td nowrap="nowrap" style="width: 1%; padding-bottom: 3pt">&#160;</td> <td style="width: 1%; padding-bottom: 3pt; text-align: right">&#160;</td> <td style="width: 1%; border-bottom: black 2.25pt double"><font style="font-size: 8pt"><b>$</b></font></td> <td style="width: 9%; border-bottom: black 2.25pt double; text-align: right"><font style="font-size: 8pt"><b>0.00</b></font></td> <td nowrap="nowrap" style="width: 1%; padding-bottom: 3pt">&#160;</td> <td style="width: 1%; padding-bottom: 3pt; text-align: right">&#160;</td> <td style="width: 1%; border-bottom: black 2.25pt double"><font style="font-size: 8pt"><b>$</b></font></td> <td style="width: 9%; border-bottom: black 2.25pt double; text-align: right"><font style="font-size: 8pt"><b>132,440</b></font></td> <td nowrap="nowrap" style="width: 1%; padding-bottom: 3pt">&#160;</td> <td style="width: 1%; padding-bottom: 3pt; text-align: right">&#160;</td> <td style="width: 1%; border-bottom: black 2.25pt double"><font style="font-size: 8pt"><b>$</b></font></td> <td style="width: 9%; border-bottom: black 2.25pt double; text-align: right"><font style="font-size: 8pt"><b>132,440</b></font></td> <td nowrap="nowrap" style="width: 1%; padding-bottom: 3pt">&#160;</td></tr> </table> <table cellspacing="0" cellpadding="0" style="font: 8pt Times New Roman, Times, Serif; width: 100%"> <tr style="vertical-align: bottom"> <td>&#160;</td> <td>&#160;</td> <td colspan="6" style="text-align: center"><font style="font-size: 8pt"><b>Significant Unobservable Inputs (Level 3)</b></font></td> <td nowrap="nowrap">&#160;</td></tr> <tr style="vertical-align: bottom"> <td style="padding-bottom: 1.5pt">&#160;</td> <td style="padding-bottom: 1.5pt">&#160;</td> <td colspan="6" style="border-bottom: black 1.5pt solid; text-align: center"><font style="font-size: 8pt"><b>Three Months Ended September 30,</b></font></td> <td nowrap="nowrap" style="padding-bottom: 1.5pt">&#160;</td></tr> <tr style="vertical-align: bottom"> <td style="padding-bottom: 1.5pt">&#160;</td> <td style="padding-bottom: 1.5pt">&#160;</td> <td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center"><font style="font-size: 8pt"><b>2015</b></font></td> <td nowrap="nowrap" style="padding-bottom: 1.5pt">&#160;</td> <td style="padding-bottom: 1.5pt">&#160;</td> <td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center"><font style="font-size: 8pt"><b>2014</b></font></td> <td nowrap="nowrap" style="padding-bottom: 1.5pt">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td style="width: 78%"><font style="font-size: 8pt">Beginning balance</font></td> <td style="width: 1%; text-align: right">&#160;</td> <td style="width: 1%"><font style="font-size: 8pt">$</font></td> <td style="width: 8%; text-align: right"><font style="font-size: 8pt">-</font></td> <td nowrap="nowrap" style="width: 1%">&#160;</td> <td style="width: 1%; text-align: right">&#160;</td> <td style="width: 1%"><font style="font-size: 8pt">$</font></td> <td style="width: 8%; text-align: right"><font style="font-size: 8pt">-</font></td> <td nowrap="nowrap" style="width: 1%">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td><font style="font-size: 8pt">Additions</font></td> <td style="text-align: right">&#160;</td> <td><font style="font-size: 8pt">$</font></td> <td style="text-align: right"><font style="font-size: 8pt">80,000</font></td> <td nowrap="nowrap">&#160;</td> <td style="text-align: right">&#160;</td> <td><font style="font-size: 8pt">$</font></td> <td style="text-align: right"><font style="font-size: 8pt">-</font></td> <td nowrap="nowrap">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td><font style="font-size: 8pt">Change in fair value</font></td> <td style="text-align: right">&#160;</td> <td><font style="font-size: 8pt">$</font></td> <td style="text-align: right"><font style="font-size: 8pt">52,440</font></td> <td nowrap="nowrap">&#160;</td> <td style="text-align: right">&#160;</td> <td><font style="font-size: 8pt">$</font></td> <td style="text-align: right"><font style="font-size: 8pt">-</font></td> <td nowrap="nowrap">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td style="padding-bottom: 3pt"><font style="font-size: 8pt">Ending balance</font></td> <td style="padding-bottom: 3pt; text-align: right">&#160;</td> <td style="border-bottom: black 2.25pt double"><font style="font-size: 8pt"><b>$</b></font></td> <td style="border-bottom: black 2.25pt double; text-align: right"><font style="font-size: 8pt"><b>132,440</b></font></td> <td nowrap="nowrap" style="padding-bottom: 3pt">&#160;</td> <td style="padding-bottom: 3pt; text-align: right">&#160;</td> <td style="border-bottom: black 2.25pt double"><font style="font-size: 8pt"><b>$</b></font></td> <td style="border-bottom: black 2.25pt double; text-align: right"><font style="font-size: 8pt"><b>-</b></font></td> <td nowrap="nowrap" style="padding-bottom: 3pt">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right">&#160;</td> <td nowrap="nowrap">&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right">&#160;</td> <td nowrap="nowrap">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td><font style="font-size: 8pt">Change in unrealized loss included in earnings</font></td> <td style="text-align: right">&#160;</td> <td><font style="font-size: 8pt">$</font></td> <td style="text-align: right"><font style="font-size: 8pt">52,440</font></td> <td nowrap="nowrap">&#160;</td> <td style="text-align: right">&#160;</td> <td><font style="font-size: 8pt">$</font></td> <td style="text-align: right"><font style="font-size: 8pt">-</font></td> <td nowrap="nowrap">&#160;</td></tr> </table> P7Y P5Y P6Y 1682785 2243616 -760020 57409 33045 32710 119563 34578 34578 26899 12638 7237 115879 26909 88970 22502 32625 0 80000 80000 .11 0.00 1.55 P4M17D .01 29277 20000 225000 66106 1007820 53909 54375 .01 .01 5000000 5000000 .001 .001 300000000 300000000 2243616 1690616 653000 100000 1716616 0.49 0.51 0.43 0.43 P9Y10M2D P10Y P9Y6M25D 1.25 1.47 0.73 1.49 132440 0 0 0 80000 0 52440 0 52440 0 EX-101.SCH 5 cik1558294-20150930.xsd 00000001 - Document - Document and Entity Information link:presentationLink link:calculationLink link:definitionLink 00000002 - Statement - Balance Sheets link:presentationLink link:calculationLink link:definitionLink 00000003 - Statement - Balance Sheets (Parenthetical) link:presentationLink link:calculationLink link:definitionLink 00000004 - Statement - Statements of Operations link:presentationLink link:calculationLink link:definitionLink 00000005 - Statement - Statements of Cash Flows link:presentationLink link:calculationLink link:definitionLink 00000006 - Disclosure - GENERAL ORGANIZATION AND BUSINESS OPERATIONS link:presentationLink link:calculationLink link:definitionLink 00000007 - Disclosure - BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES link:presentationLink link:calculationLink link:definitionLink 00000008 - Disclosure - GOING CONCERN link:presentationLink link:calculationLink link:definitionLink 00000009 - Disclosure - FIXED ASSETS link:presentationLink link:calculationLink link:definitionLink 00000010 - Disclosure - CONVERTIBLE NOTE PAYABLE link:presentationLink link:calculationLink link:definitionLink 00000011 - Disclosure - PROMISSORY NOTE PAYABLE link:presentationLink link:calculationLink link:definitionLink 00000012 - Disclosure - RELATED PARTY TRANSACTIONS link:presentationLink link:calculationLink link:definitionLink 00000013 - Disclosure - CAPITAL LEASES link:presentationLink link:calculationLink link:definitionLink 00000014 - Disclosure - DERIVATIVE LIABILITIES link:presentationLink link:calculationLink link:definitionLink 00000015 - Disclosure - COMMITMENTS AND CONTINGENCIES link:presentationLink link:calculationLink link:definitionLink 00000016 - Disclosure - EQUITY link:presentationLink link:calculationLink link:definitionLink 00000017 - Disclosure - FAIR VALUE MEASUREMENTS link:presentationLink link:calculationLink link:definitionLink 00000018 - Disclosure - SUBSEQUENT EVENTS link:presentationLink link:calculationLink link:definitionLink 00000019 - Disclosure - BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policy) link:presentationLink link:calculationLink link:definitionLink 00000020 - Disclosure - FIXED ASSETS (Tables) link:presentationLink link:calculationLink link:definitionLink 00000021 - Disclosure - CAPITAL LEASES (Tables) link:presentationLink link:calculationLink link:definitionLink 00000022 - Disclosure - DERIVATIVE LIABILITIES (Tables) link:presentationLink link:calculationLink link:definitionLink 00000023 - Disclosure - EQUITY (Tables) link:presentationLink link:calculationLink link:definitionLink 00000024 - Disclosure - FAIR VALUE MEASUREMENTS (Tables) link:presentationLink link:calculationLink link:definitionLink 00000025 - Disclosure - BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details Narrative) link:presentationLink link:calculationLink link:definitionLink 00000026 - Disclosure - GOING CONCERN (Details Narrative) link:presentationLink link:calculationLink link:definitionLink 00000027 - Disclosure - FIXED ASSETS (Details) link:presentationLink link:calculationLink link:definitionLink 00000028 - Disclosure - RELATED PARTY TRANSACTIONS (Details Narrative) link:presentationLink link:calculationLink link:definitionLink 00000029 - Disclosure - CAPITAL LEASES (Details) link:presentationLink link:calculationLink link:definitionLink 00000030 - Disclosure - DERIVATIVE LIABILITIES (Details) link:presentationLink link:calculationLink link:definitionLink 00000031 - Disclosure - DERIVATIVE LIABILITIES (Details Narrative) link:presentationLink link:calculationLink link:definitionLink 00000032 - Disclosure - COMMITMENTS AND CONTINGENCIES (Details Narrative) link:presentationLink link:calculationLink link:definitionLink 00000033 - Disclosure - EQUITY (Details) link:presentationLink link:calculationLink link:definitionLink 00000034 - Disclosure - FAIR VALUE MEASUREMENTS (Details) link:presentationLink link:calculationLink link:definitionLink 00000035 - Disclosure - FAIR VALUE MEASUREMENTS (Details 1) link:presentationLink link:calculationLink link:definitionLink EX-101.CAL 6 cik1558294-20150930_cal.xml EX-101.DEF 7 cik1558294-20150930_def.xml EX-101.LAB 8 cik1558294-20150930_lab.xml Leasehold Improvements [Member] Property, Plant and Equipment, Type [Axis] Equipment Furniture And Fixtures [Member] Computers And Software [Member] Employee Stock Option [Member] Antidilutive Securities [Axis] Convertible Debt Securities [Member] Debt Instrument, Redemption, Period One [Member] Debt Instrument, Redemption, Period [Axis] Debt Instrument, Redemption, Period Two [Member] Debt Instrument, Redemption, Period Three [Member] Debt Instrument, Redemption, Period Four [Member] Commercial Paper [Member] Long-term Debt, Type [Axis] Affiliated Entity [Member] Related Party [Axis] First Half [Member] Lease Arrangement, Type [Axis] Second Half [Member] Chief Executive Officer [Member] Convertible Debt [Member] Derivative Instrument [Axis] Chief Financial Officer [Member] Cash [Member] Award Type [Axis] Equity Issuance Transaction One [Member] Equity Issuance Transaction [Axis] Equity Issuance Transaction Two [Member] Each Advisor [Member] Scenario [Axis] Minimum [Member] Range [Axis] Maximum [Member] Equity Issuance Transaction Three [Member] Share-based Compensation Award, Tranche One [Member] Vesting [Axis] Share-based Compensation Award, Tranche Two [Member] Equity Issuance Transaction Four [Member] Equity Issuance Transaction Five [Member] Share Based Compensation Award Tranche Four [Member] Share-based Compensation Award, Tranche Three [Member] Liability Class [Axis] Fair Value, Inputs, Level 3 [Member] Fair Value, Hierarchy [Axis] Fair Value, Inputs, Level 1 [Member] Fair Value, Inputs, Level 2 [Member] Subsequent Event [Member] Subsequent Event Type [Axis] Stock Options Document and Entity Information [Abstract] Document Type Amendment Flag Document Period End Date Document Fiscal Year Focus Document Fiscal Period Focus Trading Symbol Entity Registrant Name Entity Central Index Key Current Fiscal Year End Date Entity Filer Category Entity Common Stock, Shares Outstanding Statement of Financial Position [Abstract] ASSETS Current Assets Cash and cash equivalents Accounts receivable Prepaid expenses Total current assets Furniture and office equipment, net Trademarks and patents Other assets TOTAL ASSETS LIABILITIES AND STOCKHOLDERS' DEFICIT Current Liabilities Accounts payable Advances from related party Accrued expenses Capital lease liabilities - short term Common stock payable Promissory note (with accrued interest) Convertible debt, net of discount of $54,375 Interest payable Derivative liability Total current liabilities Long Term Liabilities Capital lease liabilities - long-term TOTAL LIABILITIES Commitments and Contingencies Stockholders' Deficit Preferred stock, par value $0.01 per share, 5,000,000 shares authorized; 0 shares issued and outstanding Common stock, par value $0.001 per share, 300,000,000 shares authorized; 22,628,578 and 21,506,195 shares issued and outstanding Additional paid-in capital Accumulated deficit TOTAL STOCKHOLDERS' DEFICIT TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT Convertible debt, discount Preferred stock, par value per share Preferred stock, shares authorized Preferred stock, shares issued Preferred stock, shares outstanding Common stock, par value per share Common stock, shares authorized Common stock, shares issued Common stock, shares outstanding Income Statement [Abstract] Revenues - related party Cost of revenues Gross profit Operating expenses General and administrative Depreciation expense Total operating expenses Loss from operations Other income Gain on forgiveness of debt Interest expense Unrealized gain (loss) Net loss Loss per common share - basic and diluted Weighted average number of common shares outstanding - basic and diluted Statement of Cash Flows [Abstract] Cash flows from operating activities Net loss Adjustments to reconcile net loss to net cash used in operating activities: Share-based compensation Amortization expense - debt discount Unrealized loss - derivative Gain on settlement of accounts payable Changes in operating assets and liabilities: Accounts receivable Accrued expenses Prepaid expenses Accrued Stock Payable expenses Interest Payable Accounts payable Net cash used in operating activities Cash flow from investing activities Purchases of furniture and office equipment Acquisition of patents & trademarks Net cash used in investing activities Cash flow from Financing Activities Payments of capital lease obligations Payments made on trademarks Derivative liabilities Advances from related party Net cash provided by financing activities Net change in cash and cash equivalents Cash and cash equivalents - beginning of period Cash and cash equivalents - end of period Supplemental disclosure of cash flows information: Cash paid during the period for: Interest Cash paid during the period for: Income taxes Non-cash investing and financing activities: Conversion of advance to promissory note Capital leases Debt discount Issuance of common stock for related party advances Shares issued to repay advances from related party Shares issued to settle accounts payable Additional Paid in Capital contribution from shareholder through payment of accounts payable on behalf of the Company Organization, Consolidation and Presentation of Financial Statements [Abstract] GENERAL ORGANIZATION AND BUSINESS OPERATIONS Accounting Policies [Abstract] BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES GOING CONCERN [Abstract] GOING CONCERN Property, Plant and Equipment [Abstract] FIXED ASSETS Debt Disclosure [Abstract] CONVERTIBLE NOTE PAYABLE Long-term Debt, by Current and Noncurrent [Abstract] PROMISSORY NOTE PAYABLE Related Party Transactions [Abstract] RELATED PARTY TRANSACTIONS Leases [Abstract] CAPITAL LEASES Derivative Instruments and Hedging Activities Disclosure [Abstract] DERIVATIVE LIABILITIES Commitments and Contingencies Disclosure [Abstract] COMMITMENTS AND CONTINGENCIES Stockholders' Equity Note [Abstract] EQUITY Fair Value Disclosures [Abstract] FAIR VALUE MEASUREMENTS Subsequent Events [Abstract] SUBSEQUENT EVENTS Basis of Presentation Use of Estimates Reclassifications Cash and Cash Equivalents Intangible Assets Fixed Assets Accounting for Derivative Liabilities Income Taxes Revenue Recognition Share-Based Compensation Fair Value Measurements Net Loss per Common Share Recent Accounting Pronouncements Subsequent Events Schedule of Fixed Assets Schedule of Capital Lease Obligation Schedule of Future Minimum Payments Schedule of Derivative Liability Activity Summary of Stock Option Activity Schedule of Assets and Liabilities Measured on a Recurring Basis Reconciliation of Changes in Fair Value Property, Plant and Equipment [Table] Property, Plant and Equipment [Line Items] Estimated useful life Potentially dilutive securities Deficit accumulated during the development stage Working capital Fixed assets, gross Less: accumulated depreciation Less: additional depreciation of financed assets Fixed assets, net Revenue from related party For the year ending September 30, 2016 2017 2018 2019 2020 Total minimum lease payments Less: amount representing interest Present value of net minimum lease obligations Less: current maturities of capital lease obligations Long-term capital lease obligations Fair Values Derivatives, Balance Sheet Location, by Derivative Contract Type [Table] Derivatives, Fair Value [Line Items] Balance at December 31, 2014 Initial valuation of derivative liability upon issuance of variable feature convertible note Change in fair value of derivative liability Balance at September 30, 2015 Risk free interest rate Term Expected stock volatility Expected dividend rate Common stock price Schedule of Operating Leased Assets [Table] Operating Leased Assets [Line Items] Rent expense Compensation expense Options Options Outstanding, December 31, 2014 Options granted Options forfeited Options Outstanding at September 30, 2015 Options Vested and Exercisable at September 30, 2015 Weighted-Average Exercise Price Options Outstanding, December 31, 2014 Options granted Options exercised Options forfeited Options Outstanding at September 30, 2015 Options Vested and Exercisable at September 30, 2015 Weighted-Average Remaining Contractual Term Options Outstanding, December 31, 2014 Options granted Options Outstanding at September 30, 2015 Options Vested and Exercisable at September 30, 2015 Weighted-Average Grant Date Fair Value Options Outstanding, December 31, 2014 Options granted Options exercised Options forfeited Options Outstanding at September 30, 2015 Options Vested and Exercisable at September 30, 2015 Fair Value Measurements, Recurring and Nonrecurring [Table] Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] Liabilities, fair value Beginning balance Additions Change in fair value Ending balance Change in unrealized loss included in earnings The amount of additional paid-in capital contributed by a shareholder. Computers And Software [Member] Document And Entity [Abstract]. Each Advisor [Member] Equipment Furniture And Fixtures [Member] Equity Issuance Transaction [Axis] Equity Issuance Transaction Five [Member] Equity Issuance Transaction Four [Member] Equity Issuance Transaction One Member Equity Issuance Transaction Three [Member] Equity Issuance Transaction Two Member The amount of accumulated depreciation as of the balance sheet date for financed assets. First Half [Member] The gain on settlement of accounts payable during the period. Going Concern Disclosure [Abstract] Entire disclosure of the company's concern moving forward. Second Half [Member] The weighted-average remaining contractual term for grants during the period. The weighted-average grant date fair value for options vested and exercisable. Share Based Compensation Award Tranche Four [Member] Shares issued for to pay for the related party advances. Shares issued to settle accounts payable Current assets less current liabilities. Assets, Current Assets Liabilities, Current Liabilities Stockholders' Equity Attributable to Parent Liabilities and Equity Cost of Revenue Operating Expenses Operating Income (Loss) Interest Expense Increase (Decrease) in Accounts Receivable Increase (Decrease) in Accrued Liabilities Increase (Decrease) in Prepaid Expense Increase (Decrease) in Accounts Payable Net Cash Provided by (Used in) Operating Activities Payments to Acquire Property, Plant, and Equipment Payments to Acquire Intangible Assets Net Cash Provided by (Used in) Investing Activities Repayments of Debt and Capital Lease Obligations Proceeds from (Repayments of) Related Party Debt Net Cash Provided by (Used in) Financing Activities Cash and Cash Equivalents, Period Increase (Decrease) Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment FinancedAssetsAdditionalAccumulatedDepreciation Capital Leases, Future Minimum Payments, Interest Included in Payments Capital Leases, Future Minimum Payments, Remainder of Fiscal Year Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Number Share-based Compensation Arrangement by Share-based Payment Award, Options, Forfeitures in Period Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercisable, Number Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Weighted Average Exercise Price Share-based Compensation Arrangements by Share-based Payment Award, Options, Grants in Period, Weighted Average Exercise Price SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsGrantsWeightedAverageRemainingContractualTerm Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercisable, Weighted Average Remaining Contractual Term Share-based Compensation Arrangement by Share-based Payment Award, Options, Nonvested, Weighted Average Grant Date Fair Value Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Weighted Average Grant Date Fair Value Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested, Weighted Average Grant Date Fair Value Share-based Compensation Arrangement by Share-based Payment Award, Options, Nonvested Options Forfeited, Weighted Average Grant Date Fair Value ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExercisableGrantDateFairValue Fair Value, Measurement with Unobservable Inputs Reconciliations, Recurring Basis, Liability Value EX-101.PRE 9 cik1558294-20150930_pre.xml EXCEL 10 Financial_Report.xlsx IDEA: XBRL DOCUMENT begin 644 Financial_Report.xlsx M4$L#!!0````(`*`P<$=,.FCZM@$``!07```3````6T-O;G1E;G1?5'EP97-= M+GAM;,V8RT[#,!!%?Z7*%C6N'=ZBW5"V@`0_8))I8S6.+=M]_3UV"@BJ@EJ@ MTMWDT3N>>Y-QSJ(WSVM+OK?23>N'61V"O6;,ES5IZ7-CJ8W*Q#@M0[QU4V9E M.9-38F(P.&>E:0.UH1]2CVQT\[`@YU1%O=N-D'H/,VEMHTH9E&G9HJVVNO;- M9*)*JDPYUW%)'J(UG40]ZSU*%^ZECBW8JF&=L#GR/.GL?PR]=20K7Q,%W>0^ MK!ORN_PWRKOSF"9RWH2#C-_>7>ZHZ6I\K>R;U=TJ=O'QMV$65;^7P_;"GY(I MG89FV^F7%>G^E\^R]1(7NAD[N51;!HNCC2F=::W?]W=`[T;/N=$1(')1#@.0H0'*<@N0X`\EQ#I+C`B3')4B.*Y`QW8OG*\M"_V/Z'D4X$G1H>)%]2-F`Q+M*;V"^GH`A3&^.R6:E((C-Z." MN[_8_`)02P,$%`````@`H#!P1^,.F.&*`0``%A8``!H```!X;"]?P"(30`D/ MV:[:W+Z4144?'G41Z=N``&G\W_"3Y5T;\NV37%VLNS94=1]F[\VU#=OA_3ZK M8NRWQH2BDL:%AZZ7=OAZ[GSCXO#H2].[XN)*,9SG2^.G<[+#[N?LV?&TS_SQ M1-GLQ?E2XCY[Z_PE5"(QF/%&#\,"P^=;+_]9OCN?ZT(>N^*UD3;^46&^%LA, M.HC300P)LND@"PF:IX/FD*!%.F@!"5JF@Y:0H%4Z:`4)6J>#UI"@33IH`PFB M7)$QQR1I6&.T)H5KPGA-"MB$$9L4L@EC-BEH$T9M4M@FC-NDP$T8N4FAFS!V MDX(W8?1F16_&Z,V*W@S::VN;;8S>K.C-&+U9T9LQ>K.B-V/T9D5OQNC-BMZ, MT9L5O1FC-RMZ,T9OJ^AM,7I;16^+T=LJ>EO068EV6(+1VRIZ6XS>5M';8O2V M$[U#Y;R(MZO]E@G8`@``E0D``!````!D;V-0&ULO59-<]HP$/TK&D[TT)A`TYDRQ#/"**EF_%5+T-*;8D3PQ-@>2Z5) M?WW7-A`[L4GHH9Q6J_=V]=Y*8R:)&HS]/,UDKB.IT.,V3M08DM>]C=;9V#!4 MN)%;H2X`DL#N.LVW0L,ROS?2]3H*Y2P-?VUEHHWA8/#9D(]:)BNY^I@=B_;, M2=$%9UD3)J%9VE#RH><;3F="RSFIN5-4W(I^WCQXL9"Y*I1>#B\&\#M:<,A7M:581Q5;:ML M&<>9TKGY/>,NJ1=`&:4(>\&^0%AQ.7/)#9W'-S>QZ/N+;(\UR*! MVXJXH3_(#&'&"&>M`"`O2,#IU";(]3A!/EYB6+2"_L'P;&Q`;<^CM MXX`O$0^PR[!5:.HX!_8I!\ML@AEIA\Q(0!=@RX(@F^(IM2FG'5#+4#*PNW79#YE4`KV$5ETHD[. M^O++FY-$?2[NX$VWW^NFE:>Q[9Z>YE16G<9T>'8@G>_*\.KM%X#Z,ZE%%"OD MBKQXS+MW.+FGM,OHOL0E\5WVGVS0Y?^>=#YG='G^@T#]DW,^*:!ST!7K?,ZH M,>A7G[<7'S.C^2?,_`M02P,$%`````@`H#!P1^F]!Q<_`0``:0,``!$```!D M;V-04(5E7N0^JKVJ:9M1,4ET-S.IM'EQ)6MK6^/J1_1V:NJO@!02P,$%`````@`H#!P1YE&UL[5I;<]HX%'[OK]!X9_9M"\8V@;:T M$W-I=MNTF83M3A^%$5B-;'EDD81_OTV23;J;/`0LZ?O.14?GZ#AY M\^XN8NB&B)3R> +]O6N[!3+UES@6QHO(];JM-O=5H1I;*$81V1@?5XL:$#05%%:;U\@M.4? M,_@5RU2-9:,!$U=!)KF(M/+Y;,7\VMX^9<_I.ATR@6XP&U@@?\YOI^1.6HCA M5,+$P&IG/U9KQ]'22(""R7V4!;I)]J/3%0@R#3LZG5C.=GSVQ.V?C,K:=#1M M&N#C\7@XMLO2BW`A(5M>5`TR``6'!VULS2`Y9>*?IUE!K9';O=05SP6.XYB1'^QL4$UFG2&98T M1G*=D`4.`#?$T4Q0?*]!MHK@PI+27)#6SRFU4!H(FLB!]4>"(<7K;YH]5Z%82=J$^!!&&N*<<^9ST6S[!Z5&T?95O-RCEU@5`9<8WS2J M-2S%UGB5P/&MG#P=$Q+-E`L&08:7)"82J3E^34@3_BNEVOZKR2. MFJW"$2M"/F(9-AIRM1:!MG&IA&!:$L;1>$[2M!'\6:PUDSY@R.S-D77.UI$. M$9)>-T(^8LZ+D!&_'H8X2IKMHG%8!/V>7L-)P>B"RV;]N'Z&U3-L+([W1]07 M2N0/)J<_Z3(T!Z.:60F]A%9JGZJ'-#ZH'C(*!?&Y'C[E>G@*-Y;&O%"N@GL! M_]':-\*K^(+`.7\N?<^E[[GT/:'2MSAD M6R4)RU3393>*$IY"&V[I4_5*E=?EK[DHN#Q;Y.FOH70^+,_Y/%_GM,T+,T.W MF)&Y"M-2D&_#^>G%>!KB.=D$N7V85VWGV-'1^^?!4;"C[SR6'<>( M\J(A[J&&F,_#0X=Y>U^89Y7&4#04;6RL)"Q&MV"XU_$L%.!D8"V@!X.O40+R M4E5@,5O&`RN0HGQ,C$7H<.>77%_CT9+CVZ9EM6ZO*7<9;2)2.<)IF!-GJ\K> M9;'!51W/55ORL+YJ/;053L_^6:W(GPP13A8+$DACE!>F2J+S&5.^YRM)Q%4X MOT4SMA*7&+SCYL=Q3E.X$G:V#P(RN;LYJ7IE,6>F\M\M#`DL6XA9$N)-7>W5 MYYN MTB42%(JP#`4A%W+C[^^3:G>,U_HL@6V$5#)DU1?*0XG!/3-R0]A4)?.NVB8+ MA=OB5,V[&KXF8$O#>FZ=+2?_VU[4/;07/4;SHYG@'K.'YA,L0Z1^P7V*BH`1JV*^NJ]/^26<.[1[\8$@F_S6VZ3VW>`, M?-2K6J5D*Q$_2P=\'Y(&8XQ;]#1?CQ1BK::QK<;:,0QY@%CS#*%F.-^'19H: M,]6+K#F-"F]!U4#E/]O4#6CV#30,9FV-J/D3@H\W/[O#;#"Q([A[8N_ M`5!+`P04````"`"@,'!'H6QEAJ&T8A,-C*H/G0;T6V94>@%T^6,[N_?GKQ2QP( MZ;*N-%]T>G3WW'-GY>RH5AW%#UN,%6@9Y74,MTI57SROSK:8H7HI*LSU22$D M0TIO9>G5E<0HKTT0H][*]T./(<)A$O&&K9FJ028:KF*X&B'@XN]$CF/X=/'Q M5R/4[0?@UL6GQ<)_NKP]Q"_LP24$CN-;'L,@O(;>RTF7_G%>?79`'1IJKZ\A MB0K!YZ48((GJ9[!#5/L'QCT35$B@=*^T!HMPQ+#SN$.4I)(8L$",T,[!*P/8 M]O9^C'`A;6Z7X3#/TI\RR3*-H=__7IXNG=CM8LHCE,[+TT`254@I+/E:;T!O M;[I*%\<%QTZD]3OA74K4!:OKO0"[Z+RID#F68^8`#E`245PH'2!)N36K$I61 M+I023!LY0:7@B!K*(:(W-&V&*7TPE_FQF'&W!7`^YAG[$!@5@ZD;T9O3-;!- M]?;9'/<^K7\6+VB+,8&.1E5%NZ^4E)QA)]9!:]'O3M$'1^B3"`VL8"LD>=;^ MYB)D&L`2@AV6BF3[R&^)J@UN57^#O;8XIO#KSZ4=F_YWP0.;;WIHS)+Q"<\R[Y]U*"]^KM*N;?U3F]=-W M;\3/!OR(@K0A5!$^2$#FE7QO9-/9[)V&N^;,VVFNVU.%4OU!-,NBR7)> MEU5`G6EKG"K4V)LJ!1?0V=ZW-,0Q->&CDM@].[]^`^CVI4T[NT\0X)[,:6578J6*D'WG`X&4@FJ.95J8Z\5LZ9IOX+3=62T5P=&=.%Z&`%Y:7SY;.: M'KA@>R:5`2-:UR$MV,SY(1PDJ-(XYYKE,V=DAM4+ZSV0IWI^XJ(9C(=C9]#` M+DO=2I15.>M@Z9&KK^<7#LK9@9Z$3DVREWEGCNN-/&_2,9K/]IR]*`AL'B": M:?[,4OHT(\$.?]*@[=;:DTZ1Q9N^@/@.,#CG_-2;2I M0K,2A:H#BFHF.UD!800(HU\1%E0=T9:?8X3LE\C5$8I1AM@\?` M#*!$0VC1\)JQC:,-29(H?GP7T1/18F*,UT%JTM\&+H(M24TMUSA(<"\2BNA:3%SBF.Q-Q?88K4DP)VN2DCX!BNA:3%Q$FPU) M-Z;P25MTL[&IJ2,.%V]`T$?7(B3^8T?21Q@!Q7,MYJT"$J-]L-YAM#$KW\6X M30,BH'*NQ;ED-T_,Q"8,X?W;8"B>:S'OIOGN/41!&UV+CE!B=&<.5<$4/%`\ MZ*)G<;&O@!4!7?0L+MI=L*)ZYZ1%R*Z6UE!HI&K(\W MAB@HIV<[+>'9A.Z63%,N%`JI;([N9XB"UGHV:WNE/I-Z6P2E]2S2OG]HM#R( M@@I[%H7?:F-+![KK6=Q]SYLS"_X6H<6^Q>*;*-^%*&BS;['YYKF$[B`*VNS? ML-FR.7[O3_]_=.Y@$`5U]BTZWT3Y4&LKQI.54[C6E? MLJ8/-9?NAS,:-T=6,]Z8WG3F-`VDZ15/0BS,LZA<5[1MLSKRI?/\\@]02P,$ M%`````@`H#!P1X^-T/]!`@``C@<``!@```!X;"]W;W)KJZA*?E:T:5C' MP,1`*-DK(X'U<"%;0JE1TLY_1]&;IR%.YU?U[S9='?X.2[+E]$]S4+6.%L31 M@1SQF:HWWO\@8PZY$=QS*NTSVI^EXNQ*B2.&/X:Q:>W8#V^R=*3=)Z"1@!P! M%5\2TI&0.@+,;*9#9#:O;UCAJA2\CV2'S=^&SQHNC(A6-A/[H:RHSDSJW4L% MRN1B9$;$9D"@"0(Z1**U[QJ@J\$&!73TV6`;(M)Y@]1ED%IZ.J%G\_3,T3-+ MSR;TW/L`(:*8-\B=01[0%YY!B%C.&Q3.H`CH*\\@1$`P[[!P#HN0#SV+`9); M2#O\9@#S>9.E,UF&)EZE;`9(,84\4"HK9[$*+3+/X@[D@2P@N!TH$"H4_I$" MP=>">;Y$JP*Z(#`DPZEULW1+2@Y*C-=Z+D8VL6P4+R[=C_7@JO_4$L# M!!0````(`*`P<$>HF6"WZ0,``+(2```8````>&PO=V]R:W-H965T&ULC9A-;]LX$(;_BN%[*\[P2PH<`VLO%KN'`D4/[5F)Z5BH/KR2$G?_ M?279$=49;LU++#GOD`\IZA&MS:5IOW_/#TG2/9];VKBS'EH:>_[TUZOL< M"Y?'[ZW_-0UWP'_*.[=ORF_%H3\-M&*].KAC_EKV7YK+W^XV!CTV^-R4W?1W M]?S:]4WU7K)>5?F/ZV=13Y^7ZW]2<2L+%^"M`.<"4+\MD+<"20J2*]DTKC_S M/M]NVN:RZL[Y>+7A88BW8R-#R^/!-%%3H\/(NN';MRWB)GD;V[E%=M<(+B._ M)O:!A)PCR=!_$`)G")SJY;)>W:^7<[VA%'S;%Q71=27A*W.?0,X?F')9P:-8#"D-@]X$06G.?Q,PD MAI.DA,2P3E(46490>`JMA?LH=D:Q'(5TLK.L$YT:H"@\I;2.6"?IC)(R%$G6 MXBYEG4!J#%TG/)5F)@(EFU$RC@($)>-3KP6]=^Z$_I<$A'>1X"Q,1H+/BX$T M!:JD0"ZU6<2"@84<@8E)1H@-O-D`^9`4'1+RJ3,ZU98.B><,@(H9DE&,"5Z:DR@1N0[3#C4EOAD`N9@%Z;0+WIJ3> MA)`3M6"/1!Z+8?'B!&Y.2!5`0*>GB[L2` M$R4J!A/(QC,0BYE>[TSDSE34FC% M&Q$-OXA91`O>8\@]IJD[\'>"N@W%LCF+N8#>8<@=IJDWD,L)!X=1MX=BH$7, M]?,>0^XQS>3!#:6E,4+3IW`@J$!:`Q%S)+W0)!<:[6HGN:@^&)!&LF4>2BJ4 M2D/$]DEZLTEN-DWWT:P[E M`KOF9/%VX9R_N$]Y^U+4W>JIZ?NFFEXG')NF=T.3XN,PO)/+#_-)Z8[]>&B' MX_;Z2N5ZTC?G]S=$\VNJ[4]02P,$%`````@`H#!P1V^*LXTU`@``[P<``!@` M``!X;"]W;W)K\YR()WE/V3NO,!;>1T-: MOO4K(;I-$/!CA1O$7VB'6_GD1%F#A%RR<\`[AE&I30T)0@#2H$%UZQ>YWGME M14XO@M0M?F4>OS0-8G]WF-!^ZT/_MO%6GRNA-H(B#XROK!O<\IJV'L.GK?\% M;O902[3B5XU[/IE["OY`Z;M:_"BW/E`,F."C4"&0'*YXCPE1D63F/V/0SYS* M.)W?HG_3Y4K\`^)X3\GONA25I`6^5^(3NA#Q1OOO>*PA40&/E'#][1TO7-#F M9O&]!GT,8]WJL1^>Q-%HFS>$HR$T!AC?-42C(;(,P4"FZ_J*!"IR1GN/=TC] MVG`CY4P%D9'51!^4#BHKXW+W6B1I'EQ5G%&R&R3A1!+^K]C/*"(C"63^68C0 M0(3:'TTALL?^R/@C[8^G_I55Q"#)M*0=)'&4)8^SQ"9+[&996UE<20JLL[HK M6:1(#$7B^J%%,4B2::U`?RR4Q[I%GM3PI"Z/]7KL4B>/37)/L=#[I4=M<8-<]0S2CGJ8)) M:^[0&?]$[%RWW#M0(;N\[L4G2@664<&+C%?)V]]Z:<6XP,``.$0```8````>&PO=V]R:W-H M965T&ULC5C)DN(X$/T5!_OY^Y`7;E2F6"]CBY-/:U.OCUJ3+)KC/*,Y\1$OAYDA:+U;(;^U&MEN6Y MR=+"_*B\^ISG2?7?VF3EY6U!%]>!G^GAV+0#_FKICW:[-#=%G9:%5YG]V^(K M?8VI;B$=XE=J+O7LV6N#?R_+W^W+7[NW!6EC,)G9-BU%8K\^3&2RK&6RGO\= M2">?K>'\^3A9CO>CLQ=R>@USW$-5!BCZ1`0F9!.G`L)`SJ4%&'&0Z)!*0 MQ0X8#67`'TN3HS2)I0D@K8?(F9LO5'!)02U%#EP@E0R`N"?IXH=T-]4%H[H` MJP-)7`?(#56"PGG#**8D`76ZP2@AI8#3AE&2:Z(>ZU*C+H4+^HF\Z-%>X[PH MD!>-M=A2U6#Q1AA&B9(<+(^-`Z:)YAP41XQQS)*%3ZS6:*)FV>X)5H?V>X,IB2L!H(@?.3IH6<-)< M."T%86"'B!U`)@5G3VS2=-;1*)*H"91(\:Y@MPX"]^/(!=2$"]A\7+BV-`7, M;NQ"VF.;I.()E6Q2R;!*"E4RY`INMH\A&P>$";C@[O+6:Q3?V>XH:O8<,?,)_*P58\"Z`PC$,3Y:`2E!'8..Y2 MW=8U-7N*NSW,\9JZ^C-EL(M%#AS2Y:"2S,X&U'6/ZK:NJ1ZCC9,#LR4"'J#`=2*(E=\R@`VE/ M[8*&2*:+,Z`B##10ZL_N;[FI#MW-N?:VY;EH^BO).#K>SK^R]OX'QM?T-:*. M\4U[F^_NBQ/]:GE*#N;OI#JD1>V]EXV]=79WPWU9-L8*("\V]*-)=N-+9O9- M^ZC:V>AOX/U+4YZN?RB,_VJL_@=02P,$%`````@`H#!P1ZT-:2FW!```CA<` M`!@```!X;"]W;W)KZW$3&RL9+F2LMZ^?76*Z,P0"9&;6%+^(?_AX>-A=ZV; M'^W1VF[UJRK/[?WZV'67N^VV?3S:JFB_U!=[[O_S5#=5T?6OS?.VO32V.(Q! M5;E%I>)M59S.Z_UN_/:MV>_JEZX\G>VW9M6^5%71_)?9LK[>KV']^N'[Z?G8 M#1^V^]UVB3N<*GMN3_5YU=BG^_57N,LU#I)1\??)7MN;Y]5@_J&N?PPO?Q[N MUVKP8$O[V`U%%/W/3YO;LAQ*ZFO^=R[4U3D$WCZ_EO[[F&YO_Z%H;5Z7_YP. MW;%WJ]:K@WTJ7LKN>WW]P\XY1$.!CW79CG]7CR]M5U>O(>M55?R:?D_G\?OP!-`>0"]!CII.S,:_?BJ[8[YKZNFHOQ=#;<-?+FZ&0 MON3A86RHL=`^L[;_^G.?)+OMSZ&<69)-$KR1P*+8]H5[:\#7&C(4X?BV@EPJ M3$`-M.1`8SS=YI!^'*^7>#W&Z]OXB+7!)#&CY#Q*-I`J2`QKK-PG3&)0T<>& MHL50)!)*UM>>]( M58`/4&[V*^E$\^FOWJEDLN&10&\VH&_@AD0@1WW`K`%T):#(!F.>#0JKFW[8 M(_&4/#J=Z#C`D`,3D#!$PA")BM!$22P,25U(7SO*@<0<&FY&2S,@>EN*-AA1 M@!E'.(CDP!,M$\E1E<0QIX)'%M(PCI;@P:5H&,E!0@)N1:I"K#A4@F0EB?DH M,8A*&XBY&:G;D.K'<(`CATSP,%-L$"0.-T1)HD7[>(0P<"U@N0>'3T@E*0)8 M@XY[*+G7+W\L+914VV`JQI]'%M#IZ,"'X#'#U^M9],9,&O-QFOMD8$+Z'!U' M47(4%%\HT0-(P#CF2Z57%^;(@13E%@]4`''0X0\E_D#QN84>M)D$-,])RD*Z MW.$/)?YNMXBSF??`-AOQ(#(R"D(VZ`Z`*`$(BM,8)=L2I?BDR3VRD*9Q"$0/ M`D7+>!"8J)CK)K`WKVC!$FR.GGT05WEH,?RLTC*$YDE!M# M(!#-(U5HDH`M#CF2DH^D*;-#$I$ZY6X\(A/I@$E.#J7D02G?OV0D&0F)V.7X M5(I"SAOD2$HHN172WW1SN)5[2``.8WIO@P(\M]!X99R.? M@B)(\'@,$K"?DB$<>XO'ID9%GSZ29(F1:X%'%F+&L8X\K`/..O)0#`$QY6X^=5C6#G7: M@SK@J-,?GY8]$J#84,!A5SO4:0_J^.U-IB7$,(K1\!LXCPXB%=(\CG7:LVOD M:V`VB\P;]O9+)=_'>G08@7"TO;GFK&SS/%[_MJO'^N7<37>0R]?EBOGK>,/, MOF=PET\7Q:Z8_>Y2/-N_BN;Y=&Y7#W77U=5X5?I4UYWM7:HO?8,=;7%87DK[ MU`V/IG]NINOBZ:6K+Z^WW\L5_/Y_4$L#!!0````(`*`P<$=T$0[%G0$``+$# M```8````>&PO=V]R:W-H965T&ULA5/+;MLP$/P5@A\0RK32 M!H8L($X1-(<`00[MF996$A&2JY"4E?Y]2.H1-S6:B[B[FIF=Y:,8T;ZX#L"3 M-ZV,V]/.^W['F*LZT,)=80\F_&G0:N%#:EOF>@NB3B2M&,^R;TP+:6A9I-J3 M+0L%$6%D?B>A'/;K,+CMO>3J3#WA9]**%1V%;:1PY MH@\GF_:_0?00K&17UY1TX?VLB8+&Q_![B.UTI:;$8[\\D/65EN]02P,$%``` M``@`H#!P1UIU+&.A`0``L0,``!@```!X;"]W;W)KCB!Q/-`570K/HNU<*+"R M8(E7"P7:"M3$0'.@=ZO]<1,0$?!3P&@O8A*\GQ!?0O*]/M`L6``)E0L*W"]G MN`<7R$>81M M$*Q0VO@EU6`=JH5"B>*OTRIT7,?IS^[K3+M.R&="G@A?LFA\:A1M?N..EX7! MD=B>A[-;[3W/5L:3"0;MI M2U,UWM["#VY:H2TYH?,G&_>_073@K60W6THZ_WY2(J%Q(;SU ML9FNU)0X[)<'DEYI^0Y02P,$%`````@`H#!P1_[NRP.A`0``L0,``!@```!X M;"]W;W)KM#)N1WOO MARUCKNY!"W>%`YCPIT6KA0^I[9@;+(@FD;1BO"ANF!;2T*I,M4=;E3AZ)0T\ M6N)&K87]NP>%TXZNZ%)XDEWO8X%5)6D7@>+^K?T[3!_4$X MN$?U6S:^#V8+2AIHQ:C\$TX/?Z#SS^GK['"=Z.LW#K]^+K#)`ILDL/GO MB!VD<>2`/IQL MVO\6T4.P4EQ=4]*']Y,3!:V/X9<0V_E*S8G'87D@^956_P!02P,$%`````@` MH#!P1U5NBG6?`0``L0,``!@```!X;"]W;W)K1 MI"3+DN2&*2XTKS15B:.30L.C(794BIL_!Y`X[6E*U\*3Z'H7"JPJV<9K MA`)M!6IBH-W3VW1W*`(B`GX*F.Q93(+W(^)S2+XW>YH$"R"A=D&!^^4$=R!E M$/*-?R^:KRT#\3Q>U;_%:;W[([=PA_*7:%SOS2:4--#R4;HGG!Y@&>$Z"-8H M;?R2>K0.U4JA1/&7>14ZKM/\IT@7VF5"MA"RC?`UB<;G1M'F/7>\*@U.Q`X\ MG%VZ\W`31+QR".+<4=0;M;YZJM(\+=DI""V8PXS)SC$;@GGUBRVRM<4A^T#/ M_DW/-X=YI.=O'/Z'0+$)%%&@^'3$2YC\71-VMJ<*3!>OCB4UCMK-6[I5M]MY MF\4S>857Y<`[^,%-)[0E1W3^9./^MX@.O)7DZIJ2WK^?+9'0NA!^\;&9K]2< M.!S6![*]TNHO4$L#!!0````(`*`P<$&PO=V]R M:W-H965TTIM MW8/B]@8'T/Y/BT9QYU/343L8X$TD*4E9GM]2Q87.JC+6GDQ5XNBDT/!DB!V5 MXN;W$21.AVR3K85GT?4N%&A5TL1KA`)M!6IBH#UD]YO]L0B("/@I8+(7,0G> M3X@O(?G>'+(\6``)M0L*W"]G>``I@Y!O_+IHOK<,Q,MX57^,TWKW)V[A`>4O MT;C>F\TSTD#+1^F>;(.*50Q#GCJ+>J/75<[79%B4] M!Z$%*C!=O#J6U#AJ-V]IJJ;;><_BF;S#JW+@'?S@IA/:DA,Z?[)Q_UM$ M!]Y*?K/+2._?3THDM"Z$=SXV\Y6:$X?#^D#2*ZW^`%!+`P04````"`"@,'!' MD,72^*$!``"Q`P``&0```'AL+W=OE-3V0'OGACUCMNY!<7N#`VC_IT6CN/.IZ9@=#/`FDI1D M>99]8HH+3:LRUIY,5>+HI-#P9(@=E>+FUQ$D3@>ZH6OA672]"P56E2SQ&J%` M6X&:&&@/]'ZS/VX#(@)^")CL14R"]Q/B2TB^-0>:!0L@H79!@?OE#`\@91#R MC5\7S?>6@7@9K^I?XK3>_8E;>$#Y4S2N]V8S2AIH^2C=,TY?81EA%P1KE#9^ M23U:AVJE4*+XV[P*'==I_K,K%MIU0KX0\D2XRZ+QN5&T^<@=KTJ#$[$##V>W MV7NX"2)>.01Q[BCJC5I?/5>;XK9DYR"T8(XS)K_$)`3SZE=;Y&N+8_X//?^8 M7B2'1:07?SB\^UA@FP2V46#[WQ&O83[_U81=[*D"T\6K8TF-HW;SEJ9JNIWW M>3R3=WA5#KR#[]QT0EMR0N=/-NY_B^C`6\EN=I3T_OVD1$+K0GCK8S-?J3EQ M.*P/)+W2ZC=02P,$%`````@`H#!P1[668+B@`0``L0,``!D```!X;"]W;W)K M&ULC5/;;IPP$/T5RQ\0LRQ)HQ6+E$T4)0^5HCRT MSUX8P(KM(;99TK^O;<#9MJNV+WAF..?,&5_*"+.IZ9C=C#`FTA2DN59=L,4%YI69:R]F*K$T4FAX<40.RK% MS8\#2)SV=$/7PJOH>A<*K"I9XC5"@;8"-3'0[NG=9G- MZ[W9C)(&6CY*]XK3$RPC7`?!&J6-7U*/UJ%:*90H_C&O0L=UFO]L;Q?:94*^ M$/)$N,VB\;E1M/G`':]*@Q.Q`P]GM]EYN`DB7CD$<>XHZHU:7SU5FR(KV2D( M+9C#C,G/,0G!O/K%%OG:XI#_0<__3=\FA]M(W_[B\#_Z%TF@B`+%7T>\A/G= M)3O;4P6FBU?'DAI'[>8M3=5T.^_R>":?\*H<>`=?N>F$MN2(SI]LW/\6T8&W MDEU=4]+[]Y,2":T+X1&ULA5/+;MLP M$/P5@A\0RK*P!'WI74]D![YX8]8[;N07%[@P-H_Z=%H[CSJ>F8'0SP)I*49'F6 MW3+%A:95&6LOIBIQ=%)H>#'$CDIQ\^L($J<#W="U\"JZWH4"JTJ6>(U0H*U` M30RT!WJ_V1^+@(B`[P(F>Q&3X/V$^!:2Y^9`LV`!)-0N*'"_G.$!I`Q"OO'/ M1?.C92!>QJOZ8YS6NS]Q"P\H?XC&]=YL1DD#+1^E>\7I"981=D&P1FGCE]2C M=:A6"B6*O\^KT'&=EC]W"^TZ(5\(>2+<9='XW"C:_,H=KTJ#$[$##V>WV7NX M"2)>.01Q[BCJC5I?/5>;8ENR2G:SHZ3W[R&ULA5/+;MLP$/P5@A\0RK+B&(8L($Y1M(<"00[MF996 M$A&2JY*4E?Y]24IBW-9H+N+N:F9VEH]R0O-J>P!'WI34]DA[YX8#8[;N07%[ MAP-H_Z=%H[CSJ>F8'0SP)I*49'F6[9CB0M.JC+5G4Y4X.BDT/!MB1Z6X^74" MB=.1;NA:>!%=[T*!525+O$8HT%:@)@;:(WW<'$Y%0$3`=P&3O8I)\'Y&?`W) MU^9(LV`!)-0N*'"_7.`)I`Q"OO'/1?.]92!>QZOZYSBM=W_F%IY0_A"-Z[W9 MC)(&6CY*]X+3%UA&N`^"-4H;OZ0>K4.U4BA1_&U>A8[K-/_9[1?:;4*^$/)$ MV&?1^-PHVOS$':]*@Q.Q`P]GMSEXN`DB7CD$<>XHZHU:7[U4FV)7LDL06C"G M&9-?8Q*">?6;+?*UQ2G_AYY_3-\FA]M(W_[A\.%C@2()%%&@^.^(MS#[OYJP MJSU58+IX=2RI<=1NWM)43;?S,8]G\@ZORH%W\(V;3FA+SNC\R<;];Q$=>"O9 MW3TEO7\_*9'0NA`^^-C,5VI.'`[K`TFOM/H-4$L#!!0````(`*`P<$>AMN7S MH`$``+$#```9````>&PO=V]R:W-H965TEFQ2-E45?)0*^0*N21E[#)2C#41$- M[3&YW1U.N4<$P&\.D]G$Q'L_(S[[Y*$Y)JFW``)JZQ686RYP!T)X(=?X[Z+Y MVM(3M_&J_C-,Z]R?F8$[%']X8WMG-DU(`RT;A7W"Z1Z6$0HO6*,PX4OJT5B4 M*R4ADKW,*U=AG>8_1;;0KA.RA9!%PK MQ"G[(,P=1)U1XZJ7:I=_+^G%"RV8TXS)MIB(H$[]:HML;7'*WM&SS^G[Z'`? MZ/MM]R+]7""/`GD0R#\<\0JF>#LDW>RI!-V%JV-(C:.R\Y;&:KR=M^$0Z2N\ M*@?6P2^F.ZX,.:-U)QOVOT6TX*RD-T5">O=^8B*@M3[\ZF(]7ZDYL3BL#R2^ MTNH_4$L#!!0````(`*`P<$=M%.-ZH`$``+$#```9````>&PO=V]R:W-H965T MVF!M)2E*6YQ^HXD)G=15K3Z:N<')2:'@RQ$Y*+("$Q@4%[I<+/(*40<@W_KEJOK4,Q.MX4_\.7-)-UJ#9*1A1_75:AXSHO?XK[E7:;P%8"2X2/ M>32^-(HV/W''Z\K@3.S(P]GM#AYN@HA7#D&<.XIZH]97+_5NSRIZ"4(KYK1@ MV#4F(:A7O]F";2U.[!\Z>Y]>)(=%I!=_."S>%RB30!D%RO^.>`M3_M6$7NVI M`M/'JV-)@Y-VRY:F:KJ=#RR>R1N\KD;>PS=N>J$M.:/S)QOWOT-TX*WD=_N, M#/[]I$1"YT)X[V.S7*DE<3AN#R2]TOHW4$L#!!0````(`*`P<$?KQ_!.H0$` M`+$#```9````>&PO=V]R:W-H965T^>&/6.V[D%Q>X,#:/^G1:.X\ZGIF!T,\":2E&1YEMTRQ86F M51EK3Z8J<712:'@RQ(Y*;$9)`RT?I7O&Z1LL(^R"8(W2QB^I1^M0K11* M%'^;5Z'C.LU_ML5"NT[(%T*>"%^R:'QN%&U^Y8Y7I<&)V(&'L]OL/=P$$:\< M@CAW%/5&K:^>J\UN5[)S$%HPQQF37V(2@GGUJRWRM<4Q_X>>?T[?)H?;2-]^ M<'C[N4"1!(HH4/QWQ&N8N[^:L(L]56"Z>'4LJ7'4;M[25$VW\SZ/9_(.K\J! M=_"#FTYH2T[H_,G&_6\1'7@KVE=1V3SOG^AUCMNI`<7N%/6C_ MIT&CN/.I:9GM#?`ZDI1D>99=,\6%IF41:T^F+'!P4FAX,L0.2G'S]P`2QSU= MT:7P+-K.A0(K"Y9XM5"@K4!-##1[>K?:'38!$0&_!(SV+";!^Q'Q)22/]9YF MP0)(J%Q0X'XYP3U(&81\XS^SYEO+0#R/%_4?<5KO_L@MW*/\+6K7>;,9)34T M?)#N&<<'F$?8!L$*I8U?4@W6H5HHE"C^.JU"QW6<_N2W,^TR(9\)>2+<9-'X MU"C:_,X=+PN#([$]#V>WVGFX"2)>.01Q[BCJC5I?/96K[4W!3D%HQAPF3'Z. M20CFU2^VR)<6A_P3/?^:ODX.UY&^?N?P]FN!31+81('-?T>\@+G./C1A9WNJ MP+3QZEA2X:#=M*6IFF[G71[/Y`U>%CUOX2:?D/4$L#!!0````(`*`P<$>25L%W50(` M`.L(```9````>&PO=V]R:W-H965T74IE-J(BCYS=J:II M(RO>!(*>=^$+>MZCU$`LXG=%.SF:!\;Y`^%X_F#_;H^KW3\025\Y^U.=5*F]C.A9PX4AT"I2@/+H9HCMFWV/P&.,0D68')?!# M8H\GYGC>?.4\7%GSU5@=)_,$:T>PM@3K+T?$WA$AS&I>9.-$-@#!VA.!,)MY MD<2))`!!XHE`F'1>)'4B*4"0>2(09CLODCF1;$J0QIX(A%F0>%LGL@4(_,!# MF`6!1_%003%`X8<>!"V(/1I5*@(H_.B#H`7A1WC0P0"%GP`@:$$&H*&NT6I* MD?DY`((6)`$:RA\!M9WY:0""EN3!<`,@H+RS21Y`H"5Y,%P""*CP;)('$&A) M'@SW``**/)OD`03R\R`:-:.:BHOMN3(X\FNC^E[D=EU??\&VF0WP(F_)A?XB MXE(U,CAPI5NB;5QGSA75OL1/^K\M]&BV!YB MFR7Y^]@&')JNU+[@F>&<,V=\*2;4SZ8#L.15"F4.M+-VV#-FJ@XD-U^K:SOL#*@D5>W4M0ID=%-#0'>I/NC[E'!,"O'B:SB8GW?D)\]LE#?:") MMP`"*NL5N%O.<`M">"'7^&71_&CIB=MX5?\1IG7N3]S`+8K??6T[9S:AI(:& MC\(^X70/RPC77K!"8<*75*.Q*%<*)9*_SFNOPCK-?_)TH5TF9`LABX1O23`^ M-PHV[[CE9:%Q(F;@_NS2O8-K+^*4?1#F#J+.J''54MC-=[.FRR\+`;>PD^NVUX9&PO=V]R:W-H965TVF%AD=#[*`4-W]/('$\TAU="D^B[5PHL+)@*Z\6"K05J(F!YDCO M=H=3'A`1\%O`:#81\$*Y0V?DDU6(=JH5"B M^.NT"AW7.HMZH]=5+N?N6%>P2A&;,:<*D6\R*8%[]:HMT:7%*_Z.GG].SU6$6Z=FV M>YY_+I"O`GD4R-^-F'\8\1IF_Z$)V^RI`M/&JV-)A8-VTY:NU?5VWJ7Q3-[@ M9='S%GYQTPIMR1F=/]FX_PVB`V\EN=E3TOGWLR82&A?"+SXVTY6:$H?]\D#6 M5UK^`U!+`P04````"`"@,'!'MY%G:*4!``"Q`P``&0```'AL+W=O*6[^GD'B M<*(;.A>>1=.Z4&!%SA9>)11H*U`3`_6)/FR.YRP@(N"7@,&N8A*\7Q!?0O*C M.M$D6``)I0L*W"]7>`0I@Y!O_&?2?&L9B.MX5O\6I_7N+]S"(\K?HG*M-YM0 M4D'->^F>.7E+UUJ&8*)8J_CJO0<1W&/[O#1+M-2"="NA`. M230^-HHVOW+'B]S@0&S'P]EMCAYN@HA7#D&<.XIZH]97K\7FRRYGUR`T8[3\7R!:!+`ID[T;D]>]G2234+H1['YOQ2HV)PVY^(,LK+?X!4$L#!!0````(`*`P<$?2 M%Q5UHP$``+$#```9````>&PO=V]R:W-H965T5$`^[SVXR22QL3["=AOW[M9T+$53B)9Z9G'/F MC"_Y@.;-M@".?"BI[8&VSG5[QFS9@N+V"CO0_D^-1G'G4],PVQG@520IR=(D MN6:*"TV+/-9>3)%C[Z30\&*([97BYM\1)`X'NJ%SX54TK0L%5N1LX55"@;8" M-3%0'^C=9G_^E>\7A":81=D&P1&GCEY2] M=:AF"B6*?XRKT'$=QC_9S42[3$@G0KH0?B71^-@HVGS@CA>YP8'8CH>SV^P] MW`01KQR".'<4]4:MKYZ+S>UMSLY!:,(<1TRZQBP(YM4OMDCG%L?T&SW]F9XM M#K-(S];==]G/`MM%8!L%MNO^2?)EQ$N8KT.RU9XJ,$V\.I:4V&LW;NE276[G M71K/Y!->Y!UOX#!HML`$``!8$```9````>&PO=V]R M:W-H965T0/6!P2IU7D6-KLJFH?*JWV MH7TF]OBB!<8+.-[^?0''K)M:RHL9AG/.G-&`\Q'UFVD!+/F00IECTEK;'R@U M90N2FP?L0;F3&K7DUFUU0TVO@5>!)`5E:;JGDG]%%CH,5G8(73*:*B/R>/F<,H\(@!^=3":14R\ M]S/BF]_\J(Y)ZBV`@-)Z!>Z6"SR!$%[(%7Z_:GZ6],1E/*M_"]TZ]V=NX`G% M[ZZRK3.;)J2"F@_"ON+X':XM!(L$ M=B6P2/B:!N-3H6#SF5M>Y!I'8GKN9[]%"QE.;UX MH2OF-&'8`K.)".K45TNPN<2)_4=G]^G;Z'`;Z-ME]6Q_7V`7!79!8/=/B]N; M%M&1A\)_P(N]Y M`S^Y;CIER!FMNSYAR#6B!66O=(XT9`;7WXQ<5ZNK?3QF(_O\+X*RC^ M`E!+`P04````"`"@,'!'8)/;JB0"``!I!P``&0```'AL+W=O5%KM17OM)`Z@M3&U MG;!]^]HF,6P6*2@W\8%_OID_X''1"_FN:DIU\,%9JS9AK76W!D#M:\J)>A(= M;(T[6`RS7&6)_<3)3Y1,I-HP7^5>D#ZF-7,`[(%5K,O5C&.HQ2E]Q/E M/E$^DPC?!ZP\8/68503';Q?.U!#=?KQSHGA!GLD903.(!=\%PB,"/^AV/`4H M6N)V3K3@O:+QL*"YTY(M0(S'`"4/NAT/`DJ7N)T3W;86,&F%G,K*=7P5[,6I MU4,G]+O^5GG&KI6.\K+H2$5_$5DUK0IV0IN&[-KF40A-32WPR7BNS;WG%XP> MM9UF9BZ'FV!8:-%=+S9_NY;_`5!+`P04````"`"@,'!'H4'8/;@!```B!``` M&0```'AL+W=OV[<(D??:O-@&P*%7 M*93=)XUSW0YC>VQ`U$I1MM4(&ZGWRC>Q* M%A`1\*N%WLYB%+P?M'X)R8]JGZ3!`@@XNJ#`_7*!$H0(0K[QGU'SK64@SN.K M^D.;)J@"FI^%NY9]X\PCK`*@D#!69SK.W>\R(WND>UX.&RR\W`3 M1+QR".*+BJ)^,NNKEX*2;8XO06C$W`\8.L>\1Y0+B&R"8&]@T06=7-#(SV9\ M0K>?"V230!8%V-P`36_&&#";B%$1\V5-LG7V]6;><@'(:,96A'QNB4V6V((E MRT6:?IS/K0",^.L^,G^,G-J546';3S7T8\OUIK!UXSO5LEJ/$7=DH$ MU"Z$&Q^;X1L>$J>[ZXVPJRJ*FSXW#KU5%FK\;6K+;V@7N?>&E.)U%N^!EJ:=YAZ*B-2]8 M[33TN'8?P2H'N(4HQ*^"WOAH[+3F7QE[:R<_#FO7;SW0DNY%*T'DXYUN:5FV M2C+RGUYTB-D2Q^.[>JZV*^V_$DZWK/Q=',19NO5=YT"/Y%J*%W;[3OL]*(=[ M5G+UZ^RO7+#J3G&=BGQTSZ)6SUOW3X!ZVC0!]@2H"3K.-`'U!#00@O\2@IX0 M+(V`>P)>&B'L":%!\+IDJ53OB"!9VK";PR^D/8!@)>%-*R*5VX%Z=TI4)IO+ MU?<,0IAZ[ZU0C]ET&#C"1/YGR,Z&`(WPI(%)%_#N8@,MNN%A:R,B8'B8%7F: M%\DG1-#\3I#.)U)\-.;[R;Q`H`4")1!\>B'(>"$=)E*86F&^!7$"`R,ARV#Y M!`Q!%,Z;QMHTGC!MA-ET&#P*@^,0)(;G1:C<1@48XWG'H78<6HZCV#`<6D%0 M`/W(.)BAE3T$S*_#5@IP&!OQGFRE!"XX.I'>4V2_!1#-"\1:(/[:X4VT0#)Q M#K"1UL1*!@")^2TO`>4V"(=^/.\7^$/Y\R=RMN`@@5$%!5_+&H"#!%R0MQXT MWFZ(D56(EZ#R"92_P/%0Y@":R!M<(#$4.A!\,6]#V0%3=W\;Z!JRV8&)]!U9/ M7:\UR&?IA9SH3]*X-I.YBLW]02P,$%`````@`H#!P1T\8I@+S`0``)@4``!D```!X;"]W M;W)K&ULC53!;J,P$/T5Q`?48""H$4%J$E7=PTI5 M#[MG!R8!U<:L;4+W[]FS>3L;.>BW=9`2CO@]%&[OQ*J7:+ MD"PJ8$0^\!8:_>7,!2-*'\4%R58`*2V)482#8(,8J1L_SVSL5>09[Q2M&W@5 MGNP8(^+O'BCO=W[H3X&W^E(I$T!YAAROK!DTLN:-)^"\\Y_"[3$Q"`OX54,O M9WO/>#]Q_FX./\J='Q@+0*%01H'HY0H'H-0(Z<1_1LU;2D.<[R?U9UNM=G\B M$@Z<_JY+56FS@>^5<"8=56^\?X&Q!.NPX%3:7Z_HI.)LHO@>(Q_#6C=V[8"43)HD\#)+60QD*2-`X>%Y6L M45$4Q,GW7A+G)5EYP3A=F$G6:7`:!HO.KU%A^)ALEJU%LW%B("[V7DJOX%VC MAK_:1=W5?\)F'!?Q?;@]##?X)I-G+;G`3R(N=2.]$U=ZV.U(GCE7H%T&#]IF MI1\M=Z!P5F:;ZKT8[O%P4+R=7B7W-.;_`%!+`P04````"`"@,'!'#P7EH3`" M``!@!P``&0```'AL+W=O]@FWM$D#JIJG91:32+=NTD3D`#F-I.F+Y];4,$".^];3J^]2LA^DT0\$-%6LR?:$\Z^>9$68N%'+)SP'M&\%$'M4V``$B" M%M>=7Q9Z[H65!;V(IN[("_/XI6TQ^_=,&CIL?>C?)E[K$T[CY'3UO\*-SN(E$0K?M=DX+.^IY+?4_JF!C^/6Q^H'$A##D)98-EJZ\--U+.E(ET5AV]4-I45L;E[+5$*"N"JS*:-,^C!LTU'Q4[ MAR(TDD`FX,P"F2R0C@\_9)$_-@B-0:@-8FW0C08`)E8=HRB=B<(H3K/'G,AP M(A'D#@ZT./F"\P4E.5C!@>"^/8&# MA.S]"1:H+,M3L((T.PB@@Q3:).@H"L4`K4#==SM$#E1DH]!BMR9)E.3VR;.4 MV74'L[.PQV?R"[-SW7%O3X4\5O7A=Z)4$&D'GF1IE;SNS*`A)Z&ZJ>RS\0(8 M!X+VM_O,7*KE?U!+`P04````"`"@,'!'P[WMTG0"```4"0``&0```'AL+W=O MNJ5<@`9=LJLV^_;:D%`<4=+Z34[_37/VWCFM`/EF+,K<\B+]G23CFO%H[# M]BDN$'LA%2[%+T=""\3%*STYK*(8'12IR!WHNJ%3H*RTDUC-O=$D)F>>9R5^ MHQ8[%P6B?U2R7A_$>+MIZ2V!U?U;^I M)G@MP7](\#7!?]8AT(2@Y^`TM:N5VR". MDIB2VF(5DOT$%@).I8A0E@/U5RA1L79,S%X2Z`6Q`UQ0H.Z/#68#U$1*"785)D^U#D;DS/+):G^-[-8H73`KX1\)6` M?R,0](S;1,:FW#$9M[KFW!0"0#0 M[W77>HCJ-U`]T4P:%$UUTS2NB>1TMOP"TY,Z;)FU)^>2-YN8F34'^BN41T9O?@46 M:S`ROY$7`'7$M/))7*$3_HGH*2N9M2-<'%3J.#D2PK&([[Z(U4G%%<6\Y/C( MY3"2R]8&PO=V]R:W-H965TREK*ON#Q<.:<,_+8^<3%JVP!5/#& M:"]/8:O4<$1(EBTP(A_X`+W^4W/!B-);T2`Y"""5+6(4X2A*$2-='Q:YS3V+ M(N>CHET/SR*0(V-$_#T#Y=,IW(6WQ$O7M,HD4)$C5U=U#'K9\3X04)_"Q]WQ MG!F$!?SJ8)*K.##>+YR_FLV/ZA1&Q@)0*)5A('JYPA-0:HBT\)^%\UW2%*[C M&_LWVZUV?R$2GCC]W56JU6:C,*B@)B-5+WSZ#DL+B2$L.97V&Y2C5)S=2L*` MD;=Y[7J[3O.?-%O*_`5X*<"N`,?6^"QD;7XEBA2YX%,@!V+.;G?4<&%(-+,) M;-^65!N5.GLM<(QS=#5$"^8\8_`*LW,(I-F]$O@F<<8?RG&\OT^P=Q[WEF"_ MUH\/]PEB1Q!;@O@_!_&F21\FN2^2.)'$0Y!N1'R83W22.I'40Y!M1'R8+_=% M#D[D\)$@B38B/LPGIB)S(IF'8#MX/LQV[;WVLE`D$61HX7E$S:&3-&T]`N?6?P\T^1`9B$;]K MZ.1H[IGB#YQ_F,7/8NLC4P-0R)61('HXPQXH-4HZ\]]!])K3$,?SB_J+M:O+ M/Q`)>T[_U(6J=+7(]PHHR8FJ=]Z]PN`A,H(YI]*^O?PD%6<7BN\Q\MF/=6/' MKO\2HX$V3\`#`3N"RS-/6`R$Q96PM$[[RJRO'T21+!6\\V1+S&F'&PT71D0K MFXG=*"NJG4D=/6X+Q$X@_MYV)$X@F:E@-=F.'A.-C>+H(:!U`(U/-8Y#%$\R!:-+QT`<;3.27LY/C>HOA(NZAO>,S:6=Q'>F$=K+?)7) MTI8O?J%X>^G% M[@\A^P]02P,$%`````@`H#!P1T$I"!2P`@``H@H``!D```!X;"]W;W)K&ULG9;-CILP%(5?!;'O8!LP(2)(DZFJ=E%I-(MV[21. M@@9PBIW)].UK&V(GV%*L;H(Q]Y[O^N=$M[JPX9T?*1719]?V?!4?A3@MDX1O MC[0C_(F=:"^_[-G0$2%?AT/"3P,E.YW4M0D"`"<=:?JXKO3O M0\3/74>&OVO:LLLJAO%UXJTY'(6:2.HJ,7F[IJ,];U@?#72_BI_AQ=O?S8K6*@:J`MW0HE0>3C@[[0ME5*DOQG$K5,E7@[OJI_ MT\N5Y6\(IR^L_=WLQ%%6"^)H1_?DW(HW=OE.IS7D2G#+6JY_H^V9"]9=4^*H M(Y_CL^GU\S)^P6A*\R>@*0&9A!3HPD>0+O,K$:2N!G:)^(FHPX-+&3XH$:FL M!GK=6E06RN7L1XTPJ)(/)33%K,<8=!,#340BU;T(=$6LD9..<(!`:FI,M4!Z M)X`>"V1&(-,"V9U`.EOD&)/KF'Y<)"X!AO@Q*#>@W`/*9J#<`>$\!0`\YF## MP1Y./N-@A_,%`A`$*@RH\(#P#%0X((2R-&CG%@:T\("*&6CA'E$!<1"H-*#2 M`I#[CV\,:;T`45CCG'H/(.E*4!(&1!R`." M^\+"O`7M$Z&"\_6%P$2UJ.P#-GZTKDF\"D+`"%K9>2Q MLK/W4]#]Q0^Y3,A:&?FL/'<81QLF9">C^XT]8X+*8N2_ M8AP=9<-H7EJZ%VI8R/$PME#CBV"G:T=HVM+Z'U!+`P04````"`"@,'!'HR2N M)=P!``#X!0``&0```'AL+W=OID(*RB7\X]SOW M$.R\%_)=U0`Z^.2L5;NPUKK;(J2.-7"JGD0'K7E2"T?Z`*G@7[TY2Z-MU&85!"1<],OXG^!XP95A9X M%$RYW^!X5EKP:TD8A#A` M/`5DT7U`[`&Q`R1?`/B_+@=-ZC2MT^"8),D"G\3[)#,^Y#Y@Y0&KQY*N/6"] M(.F@64V2+K!(O44Z8Q'?!V0>D#T6TT-7,Y7$S#0HON>L_ZR[[X!U!+`P04````"`"@,'!',1$CYQL"``!C!@`` M&0```'AL+W=O[L6HMLY#C_50!!_H!VT\DY)&4%"3EGE\(X!.FL3P8[ONK%#4-/:>:;7 M7EB>T5[@IH479O&>$,3^%(#IL+<]^[KPVE2U4`M.GCG&=VX(M+RAK<6@W-M/ MWNZ0*H46_&I@X+.QI=B/E+ZIR8_SWG85`F`X"96`Y.4"!\!8!BQ>Z?`=IBU$*O!$,=?_UJGG@I*K MQ;8(^ABO3:NOPW@G3";;ML&?#+XQF#K;AF`R!#=#J'(= M4@_;VTDY4R$R60WT0>E0N3,N5R^YGT:9',.H2;2FU1IWL8W_ M*?X)$1F(:`,B64",FFA6(G7E;P&R5MT!$AN0>`,D78#$JQ*1'X9+D+7J#I#$ M@"0;((\+D&15P@LV2-:R.TA20Y*N21X7)8IT]?BWCF2M6H(XLY>7`*MT4^/6 MB?:M&-\KLVKZYI.O7O[%>B'[Z=C^;C%YUJ$*?B)6-2VWCE3(UJ(;0$FI``GH M/LA#JF7'-Q,,I5##1([9V`3'B:#=M:6;[TK^%U!+`P04````"`"@,'!'(%X@ MB%4M``#'R0``%````'AL+W-H87)E9%-T&UL[7WI[MQG1!\2JRN.[K_SRNSA.1!KX/Z=R&J9!\H=ONN/.-^++9AW$ M?_AFE23;-Z]?Q_.5W'AQ*]S*`)XLPVCC)?#/Z/YUO(VDMXA74B:;]>MNNSUX MO?'\X)OOOXO][[]+OG\7SM.-#!+A!0LQ"Q(_>11G`8_@AX$X%O'*BV3\W>OD M^^]>XS?\W5A\"(-D%<,W"[DH/KV1VY;HM5W1;7?ZQ8<7X>>6Z`RJ'^Y:SW]. M[N(D\N;)_Z[]\O9Q*XL/.^WC'XI_F\#;"_KB=.W=%Y\NO75<&L;,<24C/\0% M+L0[+RF]I_?O_-N_-6[RU(_GWEK\)+U(G,(?2V`NOJGFK7SWAU[Q+PI^U_+> M1Z#!,!?>IK38J_!!1G$"(!9_#-<+/[B/78#YO%4SW!36$\%:S@#S7\2?Y6/Q MO6D:1<7=U4'J^+C3/>YU:J8Z]=($B`T^+W[VUEM[P5S"F\`],;#"QYMW MXO#@J(0D.0=L=XB@3^J`,8EC&*3TU(M71.IS_"%_3OW/WAI>+[TXF<^1_6,1 MR;F$E^[693Q&YGM,T"OPDC20M*EPN?=@_ M+FN+5.B*0":E82-O`=(G^A33-UM`5L7Z+Y,58*IZTMO+V\FYF-SN1=!X">]X"<)HPV03>-0QP7`5=II[SL\G;L_.SV[-9 MF80`_'Z"],L4"C!#82&#>7D)J%C?Q%MO+O_P#6C.6$:?Y3??BY+D052N0%B" MX/QW\4X"F_@EQ@!^7$H`S((Q[R+)"6#O5(J#=JO=$5O@"-*NKNB[[78;_ZO4 MK?#2!.C)_T4NOA7FCT`@2`W$FO5BRR:WXJ3Y67L\9]V\W:X[Z([<_G!$4W8[ M;K\]<#OC_M/6,UDL?-3=@%B43\=^`-*.$%W!?NDF9?Y<5`.5L7US>SG]\Q\O MS]_-KF\`_K/3L^G9[4["$).+=_M]6I#\AU<>TO=*)CXHM*-Z37"3P-I)7P/; MG?H!#.*CU@YC?X?U4F9DS<%/("N#VN(W!P+H;>=`)1+8]PNF@WW??@;I-FZL MO+/\,#NW5?EZ]9XJ7VW8D"&(&"GB$O9!9FR#,=';V[`NF1I@LX4;(%I#A/7D M=BT_RR`EP=JH$*=A3+0+S]]'80R*-PJ79595NP6Y7Z=.W\M`HB6)`L1; M;/R`S%34.&5=!-(8>(FX2`U7K8O"G;.>XY+)%@@-/JK-%9\`6EHU^$\"E@%. MR3TL-9`Q(1>YME;%UBSY8P#>V1II4MSCJ(=K6%N))"Y`I>.#RHT@:\P552(Y M`D;OO-B?$U`7_CI-RE3T']*_7R'./9`YWKT40;JY@W%@%_90.9]P\M9-M M>[H.'QJHG=Y9TCLV1F`ZH%K_<[6]M_A+&BM]GH1H$(<@9D%N!@I.^%?\339U M&I/]5#GRF](&<-O'L$_X!B"!."/Z*+N.Z'#\DB-'V"220*W6+UDVXHHGJ&4A0]=7U2NY MV`?ZM;3`I."#0HQW?'*51O,58(OH;=GHNY0W#$^46H:/E=LB_H>WV7XK$N/3 M[-S9/LLL[$P9!O#)I'YGWJ-AI'G.+`[OUOY]M=0R'VU@^4@_]?NH,.XK5F%V M"Q+^LP_Z2-P]BJ59?OV.Z4,B1T'FWIY>;JT[C-)'WOM!@-,BNB@.\I3/)=%$ MS85G<:@2_]#4Y'XOT@@7"0I$38:*XHW0+/., M#TFK)]Z7"C"'P3$MT*)"V&<5ALHK)HLS5O3OL9.,HG.;=T4;G;0*NFH0@6=@ M4]$LEJ(A>0,;S=LA>CVE\6]RG@>)?Y"&YO4]?/S2""QD=TI7RXVY0G0!76M0 M@`)*(O\N)6%"*R#]R0XB(#0*TWM$\F.=)$=>O9,K;[W$IT@!-9&L][.+V35X M-9?7[R<79_]K4%NS=N/-V<7LYL;<7D%+^"?2W[P973O!4IIN>@%Q^': M7[`.0ZJY0G\7.$"+Q,Q_L?1ZO4EIA1$U7*9A!.;J@Q4&*WS_%B5]3.LP0;`$P:,44_ M"H0_C(?;R,*\@&L";?XY\E>T#=D0=$AH(>?XL-G`VQ!'U$9(Q>&O?WV0O_[- M%;_^-7OIU[^),**I?OVKPN.O?SMJB=L,KPY&=((%F2IW0'L@L8-T"6`%J4-V MV.KQ+L)8'AC(]X_()62GQ8\Q(`*^6GF)ELD8$D01CE2T7![?XV>`V93]C"1\ M([PC@8$,5(?JFRAVXG0.LA)>D&LPH#;PX@/.3'HZC&!_L"*8 MB<,/%Y?Q$7BH7N*)N43!AN_[))SGM$$0.*Y8A3'A!W[>'8DHC8A5-ILT((GD M8(A+81^H*R*PH[)2]HHKYD?T$.@2UAPD0(JO5R@+0?<2Q5)X)D9QXP%<(C(% M0:8]P@^0_1&3;"F,_79R'%[=O%>7%V>GTTK8DPJ!HD[N`*NPLA2`ZN\!4.:-'N.Y9`\ M4#`0@1`)(F3]C4@#+P79(XU@!SC&&4NNP(H'(I*!LT5A&+%=@B-%"Y*V.I2H M5[@%/3/W0>'%XIX]L/4C/I?;A+]%H'\,:$9B_5CQ401,@R3_?C*Y`HHFL:T6 MZ61+L]0D6V**P9&9[FCG2':XV2!(T?MKV%P+V(S>#;=`7BR7F#`Y'@V/@!;, MEXX%%MCC.@4S"'8'ZL&X#*YX6/GSE0M079/GAI[>@P^C*+TO@?`\UOT>*$#8 MR1H)*XU(.P<>LBB&64';Q"B9$`B>6'I^)+86.ATER+-=;544R$6"3M=LVV4N MJ)M9+LHA4D*$C8%8CRX7+$FL032AZ#=A^0ZH;K-('_#K@QQ*/?J0@890X%2)MW,!8YB3K1`707$]FQ'X,(1,VGL.E48?-;$`D/ M$CB4$$?61:REV6BMPKPEF+L:%(9-3U$I M==K'?U;JCW@=']S,I@ZL8P+,OA8C5IXM\3$F],_`5MP08^/N66P8O5^Y8MX> MPAPS:30+`5A!/'8RKD2,;KQ/0%1F%@KP@,&UV2JMA/K+6R[E/%$2'C-XJ+TW M;!J^X5D62N,WHJ5N.3H"1B]IO]BVV2.=A708ARWT M[E(2'LQK$JZ0Y*8P,RJ;!,T_ MM*4X7VOO]=?_B]`W+RA:(P!PD%3'$(B,C.?-FP3Q*P'F($X`.I]EW,I#D0U9 M_Q>6",C+VI=;RWN`RU*RG4=NC<(H3Y>?#=ZY5T%44BFT7R`!&!P^/.B,W,&@ M1Y\E,1B$:R/D%XYOXG^P-2G$Z=[@7X%&I_.%E2D&E>2%4 MR5P8+M(Y+#>%#4?K1R4+B!(+&P;B6JIGF5S,0B2$=9K(=2S_CS9"FU"*304\ MHX4%/!PFPL"?4B)Q-N?DB>@-PAQ2O%C-AD;'J?\%%J#XHKE0`+QKEBN&]5AN MZR@^L'X::\&)Y(KQ:""5`/A=@E2$$9$6AF20Q&PM:*@MT/Q?IFO@HZ41Y[3? M%D$M34@:H7L0+A/T)&%>(%>PM!9(5N$="E2T4+3UBH*'7`IZU2Q1[+/$QI7U M>?W@R3)\*&2"40$$,GABK'8!;_4OE:++GL,G2'F+A8JSAX&.=1;?_!DTJ+]$9G6R M<+E6`S';+9+=%]R>I*`9LZ/2RFO8!U!D+.>L4=&5N9F*6_`HYF+4Z1^?`$]8 MX="S`+"=&H/`^:-%'`KUQ2A"KA\B$@[4B%:A2JN\5070Z4::P$ M.TLGVSYYU.24*7F%(\>W(G]@NJD]`6OQ%R[FR#G!"J_4VDM$U`H7"\&Y#3#T MV`Z1)%OOP,5'0SXS"C)C!L?+%E(4NKLL-9Q]`R2;1CE^`FJ=)VK=D;$0U]Z# M,@T??#`F[E`P.I*M1-0/;,19Z];4/D^T9,2(IJS62U7`8M^-Z9P\B37(=V(D MAE,*E(FJB;.!)-:`3U&%?T*B@[4&I&:,3BI/8O8"@F&-J^$<$#!DU;PN%?L6-"[QZF"$&25FS$M=9K^<=(GJSEN*12.UM^I-:A3#V5#4;S,[P/?!.- ML`P?9?ZJ@$%"?$N&CUSDK&-4C0X^`I,7L:T"3TIG>OG0;#:SSXH&)O^%=0;) M/1^(CA#OH;T[I]>6I(58FS!5HV9WT:Z-4R]&@2817BK,C!8!RBGEFL@OL&0E M5G5,S/BQ$7I=$?G_Z(F'ZS50EN92"EL0';>X=/#X+8%\:J4)\^:%DNC,^'.5 M2#?PX#H^=N3D%V4((-=+EB6^)88,T^)(]U3(2;Y,9KK2T!C1LS\S"LI$_Y1C M,BM/D87#$3/(OBS3B<0E.-#AHU06AH>9,W1[G/L0HPWP)[,KCQT1LA@0C=)7 MHQ07RS!AWX%A9P`2UKU?7J]3`![#0*]&F;]D5FK.5;'21R65V"H\Q:E^I*D^ ML+#B228D-4ANPD2GDYNWENJX"%MBU&V+7_\+_&_77JY/*'>89%F>9:$"M4GB M5`Z+K67.=$6W#O,+R*J`ZAB]1<]2%Z@GT&,B@Y-?\3CFH,4XQU`=0N3FB0T[:X'*1\K\4[.:FO?),\Q\8%3>)J9'2>@@<_]#E+@4K^;B8LR0 M.>=H)XK.&]"U'#&$[WY.0Y)7D<]>"*?4I`E4KD4669"O<@H1SL%$Q"_C M%*U4'U>[1%"#"'TDO'T.U^E&IP91MA(T.%261>%"ILO@/L0G%.AM*8AVWX@? MBF`LP0_U*._+%629@R4?:X<=(SUWR--31-@W>S`+-R2*C_36BB#1C9>]DZU9[IKP) M*)'<`K/0)J&1]I[?M?82>9#MVB/A0JE%Y*&BHU"]5A?VAH(B'[.U)L&U$?SC M=*N"8.`/6R^L$:,D3RHHC0TR.4^M1(*U7DT/O3=:SEH&J2*-,++LHDVXP,D( MP(K[-7`,W=R!HA*Q#Z8#1LVR-%^UD%`Q%0S\9WM20/@+!S;`;TPC7,JAWP(! MF0,$$`GFBF&10:C1J7+LC_D,'QI-I8W@>F&?&Q.2!QD387H/5N6!3\^OM80" M4U[CJ2"XA5CE@MFOY27&(H1M(&-1CLAB<-#047@7ZDHY;3!A-IRWJP6I%=*H M,_-CM=P.@D4Q/$4>K&C\+N5I'`^>Q*GR8BS1GC.(0)!C*1(1)F=#MJDRR3$, ML2]E%+'G6):SXJEL+&5I*=M)#ZCP?Z2+NXY@\4>_*,=#3=D8W)( M.5.HP=UBVYYXC>:S,JS6&"L?;*YHOGI4S,P[SZ(8V:MZ`9^!8)E3I,?!L$*Y MLD6"E.\'_397A=R9UW<'Z_HDXODJQ-0CT7I+8*60*634)W2HD/$ME1N:HKY2 MH2,*:H[W$(4M@`FI4%%_@8$\G/9!53L>/Z7:L52,TQ+ON.BQ>469JVU%N+[. M"EQAC!*MT:D.$R6!\I(+=35.+D1^%I@$(3E5N`=CLK.(<[-1,9?TG&6#.3*+#ACVZ[5J,JLZEP5AD+1_^9\`:4Z4T-A-@]XZ(FQ\8T% MT3(*'!5SIT(C0^B6?:)=2E!:QJ%#0I;K)0_'A?W$*'`X3C#0=MM=]LT,<7)'&MWAGJS<"( MUD!^`:Y_D.O/.@<)&B"56L';6V9$.&JE>3FQ92+9X%\#XVF1+%$1, MR8NI+TU"9X,%(CB%59A,Q@A79N*3O"7GDUXDFUN5UQ@,6//K@"^FORCZO,`$ M[6U(_._:`$?8+$,*^:MB*!,R17SKC(?')'DR"UF1EN7U:M)8 M^E&<'&."QBF?-BF4^3%5!0PK#<&G;%E*B@89./)$ M3>Q%D,:@.X+.)NL"GOW/V;N:0\"@]`#.";#6U=K3O0%, MKK%>'%?D/4LY3R>?RV!]=$8]<&_C M^$U.S"WL@TN')R-WW#T11^*PYW9[`W'D[''@&E?0==L@(`_$B=OO]V$:G4<\ ML_*(8N#V>VUQ[/!!J%RZ%H88@6UDA@!19JS+@'*:7&;!=4;O,MU>3P.7@?A3"AO4#2?RE*Q/L.8,/CJ`#93M8;8M6CA+ M?\10`-G*3K%8OVAW)`9\9#USV!M>.NF],EEK=M&YH@>+5509ZES&63*@=A?<89SIRC?(-6'FAB5C7=F4+*9L/E`]&EX9SA0LIN8K#=E^*=.#0 M]O!EKETSVWLC#OTCT>GVS28)NO982#U`.(>]]I&@Y6=19RWH>>'?PEC^D7X? MP]2'OBK&4@QZ>P^^79.75]>6'LYN;R^N?&D7EN6Z<(-[1N?*[1Z&; M:N"^+L)`EP;N%J+5WC>=`.`B+Q2:!SU0,=U!\1P10_D#)N36XD\M<0IS^FJ@ MV257&JZP\D@9X>9(#W<5*9QLJSPMTS*GK%3G#(I3CUY1*BBQ!"#8DFP:8]5< ML"B!]GIV/KD%<^1J_%\0/D(HV5O[M(HYM`@@OB` MIW"R\U]/@_8MQ875`LFKI:BA2>#7IJJ+`A]7P(L1!!M07*,&R'0[0_>DW?W- MH#E/%K6@Z;1'[K#=^2VP>0YD#CJ=MCL:]GD`[0LX)C6DA@1V2^'+$H5L5)M%]&_@XM&,?AZ:C65H@ M-*!I,'`'@V$CFJ9>M,&4O#CWTAI,*)N)"FQMV,,669HX6IK0UBHP38C^/7#5 MI@VV'!M7XFO@2NVY$E4T9Q%7CH4KD<=59NH[SS?U=3F,TN#&\#>%/\3!77?8 MX54#'8_=_J"7L_==IZH*2!W2*)4,E0(@5_H@&'M@5F+'/FXY"3S,KWGP.KAK M7I"B_>RM8X9W^!!P!-LZTW#QL86W.7HZM*K'L1SR'(0Z_8';`Z%>/J9* M:40ZKP_PP:*0V/'N-0\4R,.N&U$'! M*H#Q$HQ8(^G`=X1W@:`(PG5X_ZC+@+ED6H')CJ^(. MA`/\;_$XICI#6;.&VWR,:GI["69E1.5C/N!W)3Z"#Y/X!%:QD3JW@LLX/Y_2 M-GEA)\-6&ZP8`GF\\K?TJ/`5QMG>AIA$QC.T5`H11FH1G@53"HRB-"$;F--& M'`_KMKN=LD,^N3JC-DJSR4WYV",%(AHLG>IV6K=U).`56AV8=#]&?YG,>%:HG)O?*<92.?)`QW/R5E3-!/7'.B(*&K._%;]Q3I5T MP6@F[@4A"I^9#U"[#\2!0)M^.,)_#:W?(]#Q[F@\QM]C<(;=00__WFV+H=OM M#54DJF:-'1`'H^%8!\W8+8JDVJ8YB8<1<%8&``;+\!#;L1B-W M/&RK*;2?HPX9^;*YNP;,VG7[8&8>.9D/5?_V@0!SYV0P+C6+>S>[/OMQ>H:%R`#IK(B&FBQ5[(*3');YU5BN0#[@U!R\R9MTE>-;R\RQ M1K%G&Y``MMB#_U/F&P5N3T[P1Z='OQ1'['Z1A4C):J+"/,PEQT'A^K-+)3I5F^TG@KC,D4[_SU0%/50=#(H]D:_%Q1% M+10[%1;#Y8WW'!Q>DFM$V8757T3&GMS[B7EJDV,K/<B.0%S;WRC_OE[!)M491>J;@$(Z@(3-K027@B' M1#&+!R`NRL%!/I]8O^V]9GOJQ1/1F3E;_F/&`PDN?'DKJVBT<0\ M`)T.`@HUR)_`!8"1G8ZVIU1>KQ`95`>&(K:C8,Z#$W<$0V""@J;!K#FW:_Y3 M"E-V]#HSN/&)X:SL(]L4187`3!77?)J#$TVJPTR5(E+V3(6/ZY"6H0!K=^QV MAT/V6[O<$K5PT'5&)R`(*)/,*$7G769/,G+!\`A#2YBCE?74%E0.HLX-\S2N MJO!"H:2A4D$J152;P;(X*WAXY`+0.03T()3MQ,TX*`@-KB7BF3QZ[@[;>FJ^ M,+]=$RTXZ';[.IAC!RD,)AF+Z-J8E3OLHOG94505O<]U:E;*N;`,\`-/ZU%4 MF*PRJ#D[I0)$.5FD<.S4X/BWA."@C ME\1WMSUB6H=_\*+Z[5?JXSO)IU#L[FVEIWC\)E=L]UPZ@36;DS$'8$9WV@-5 M%Z7!@0?@6R`Z[4*#W+%44_A%AM\VQP@V/>&X3!IG@1F,8Y$,&C>/FCNKG(3; M%8B>Y8IK^TH3#1],50%0VD*F.7.!1FQ4P#EEU.V=5U1!"[!51[>*`H3SN$-7 M1^=&>;U`2V4KAK:;.29">H#8GV&HA#+$.G9'2=MR7W*K-L8:@S+0_D(U_*E* M!SLE^BR#OD8HQ#5--W-U!-2Y8%0GY>7"J6+^HK4Q^^'CV>U/S(#Q"$NM.W9Y^^*JT&8QKY%LWZ6^M38!/+D\A-I%C="O(9AM;1-0J=8R:@ M!(9`A0DVYG`)&13:HJ(5E*LP*H2JCJEPQ`PK`1#F MB1[VCIE3V=M8,T?.U'^P& M%XS6#+&O`*;F]>?`Y#P!3-,"F$Z&[G`P;IBF!A=91W$BN%\\8(.-%[CBW/OD M8^NYMVML/2+]P'7`LUM@RZJKUO1)L!4:MBC.XJ4ZI*GTQ<'8;0\'K?8X5S%2 M[`MI8#%)[],XJ:`7I6DZ_2=Q&(JO]W@\F*M@WX9?]N$:Y[>00^/ZZMFFVU?) M1O(4ZG.-G;*D+>0:<<]O(XE=#M^#;;;%2!1Z94K%?IG2OS39CE`RJ MA4I#%-=CRYABLP9M%-2DGKG4FX7+?L?BB[4&9GL?O,=GEQC4H?))90=.?=F! MC>DGE1WLL[?=O&)]1)DK,(9_*\XZ)_\-2,-X?=.^E%"C$_%/VU#.,B77&$SR MX;#_6_=#8J9B1\6\6":-,T\&=_!6E\Z_LY*;2#`?Z'!JSNA1[HL5Q"JF!\&4 MW1UG8-4U0W$0-Y!Q$:"F\2S M'6QRLV@@ZQ0"6<'C$H?4\HPNOKK%8A>FK' MND'.KEHG0[/^]\J@/1"#?D_EA-JMDQZ^ MIW)%[=:P9][7VUN899R&T5+Z/,:AYHXC_,[A<=0P,.VX:NW5$33K6"4M:$SK M[P]IH&[?#/0CVY9T,H.7YG'ON^K$"4!E"`(4A[4*;G026E;VILM)@^TV]`E@ M,9;7B$`^J%H(/FIE%T-,%I_].%3G-HQ_Q?`)PN"86XSYNH9*Q[+$X;"MJ_HS MMJ>SD>M6H!A.F MTBPW;.79ZRSEI/HG*)N]T*+@6Z?3II--%(/_EIRE-K9T8%XBR_S;AG106QR# M4&]U^M]:B2N=4>H"P;\Z%CV@PU>ZL4@N*35X==SICU]Q/5V37(Q+\,0P_O#$ M[75Z-8+YH`M/3P:$ESH9K0).=F5)['_)BZ1:9TPPIC\&$[-P3+K:ZMN;=//I M3Q63/:XEW0K*K6L:L"_ABASA.@L`Q)E*9 M%AN-CHQ0\SMH"JIC%JTWD=ZUW,[ZJ6?LJ>9X.@OJJ$%#R*K;Z96Q8E?@A"DWT-5G>'5P@FYE*#PP MW@Q?H<:*CN7GD[EVI\+9GVN=YW&M^"IY&NN4<.]9S&_):J]B[7:EIYN),J$E'A.T6#.J.C ML%DQ/ULJ="K/2IA(=I6P)M>H%+CP@+U(JE[<:;TU=[F%5:BUGR MS?-$1+26?PV-B`Y8M1W;[K_">A$P:$M%Y.S:_'CY/SC3'R836X^7L^H3++T6M:.-JN` M?-8I"^M8-85C=-/K9$7G@*G]F[.C25R.;ZG72J%97ZD3'??*DI$L=&7W M\0B%=;&2N1FJ\MS"&Z<&=KJQZ!4W$S@+N$I>*CW(8N),]US5[3!NK"-/?-7O M9=8-\HSYTW[G8Q"6GG,E]U3W0V=\5:S?.53M$8^$^M4UOWI'7$;\8[GP7M>N MQ\<5=??6V?2L8OQ`5->8Z[A?KU2+WD@A%";FJW5]XW[-LRMF2:CE1$1&U MV!UY8]6EL2<:".Z-LPOT!GJP!91S]HW9!>!S#!-A_-;<'ZKOMCK`8)4X=O3- MCK%=D'_L5)X1L"KUCYT9V][9>!F,[<_3PLV_=MLXD/0!==RQ!RX5+MU\?'LS M^^$C$+R8_5@E,LJMU1I/GRMSW>F:4E[[+AK8RWI-F?U8?)";$%0"512#S3227TN MSN-_RV#EJ8KJEKJ\*C>$'SM!^""TZ\6"AQHV&8^)C++\,KM5\0@3*AY5&>9V M184=(:8TH[JT*>N;7E=ADU_&<(_N"E=95P6J43.'"@KY6L5@5I.:@3L:#%KJ M5+'ICZ"+0YW\\0+X8/3*Y>:ZYKY`5=NM6RQ$LMA(@<^UKJF//J/G*M\$@HP& M4QWIY&#B";IS(JN1@6W@;E3%JLX2F3H;[7,:8U/#,3OQ5P]&#/Q3JTJ\,<"Z MZE29EZ5SJ)-H@1:IOG'T++MHRC6'-=:3XS",A& M]S$*\;*O[#;:`\[,T\GC2-+M.%PI2O&]F/E/GQ#86A=3'Z@L"@DZ.ZFZD69*393`NRADQP%L;HV@_XN M5X"*0[KI\[%TIWWE[9Z[.D6*E\L^7R[[7+U<]OERV>=7N^RS*'**=W]6B:27 MJT#_0:X"+?>9*MP,NE<,X.]W>VCIH&?=;:(-)RO^_[IK1?^&K1TL!4JNU;>G9R\6D_U07DY:;EM3<4RJL>TJ;E,;+M:5TNGW_:TO+ MBFEN;C%M`O3+I:8OEYK^XUYJ6C:@2W><[C"X7JX\S:X\+>4;:FY`;9(7_[@7 MHC8D8.W[0$NJZN5ZT)?K05^N!WVY'E2\7`_Z#OEP/^I6O!RV: M7+6WA>X5#G^Y432_@I<;1?_E;A2MR"O)IAM&]^*K?ZI;2'>6SNT97/Q[7%)J M7Y(G#F^1WN)2_FU>JEFHO MS+QT:O\[=6K?"[,5>8I'W;"]&&&O,TY>FJ'7-4.O;N18CQAN/D+Y1ZLOR=/P M4==91.SH+"*>T%E$-'86$?\8G45$?6<14=M91'RMSB+B^9U%]CQ^LQ=_3S*O MRLI#9G$*JFV]-I6#5`.ZGUA_.=?RE<^U5-FXA6,LT^P82\9V^]E'7_]HRLD_ M]=&4KU-*_0[+SM>QN,"0%1)`F1GEMF68G'VN)UX3?8Y9_3.\):MT).8JQ'HF M#K4:#SA&;JXL-\@UNZJXTD`9O1.8_T8;O?_Y@3!?FGI65:-1?$G5:U1>OU0V M:NNF&E2/DH$HLZQQZ6`-)WSPL&:\8?5X[R\1M]/+B^GL^J(*M4!%'V_>B<.# M$I+?28Q`)GEW((M:V!=X@7*Y+\'I/_)7CS>[3VIA#87 M[B-@N/TO'GT:('62N7S/W"XO9C=4:AR13+*5'.@&WZ(&Y`TN1IGKG^)G5,_W M1'^C_HK=O3^IC?&OR+;I)48"4BL^+<37<0,[CY>J%V2 M[G7W`)5F[/>KYIQ57A!4?*M=]>FTU*6@^`;X+9W.DRX0>IH8+%P#9&([3;QB MWRQ3IE=?+M$-F;.)P.6342TUV:4QS6-F)Q!WC:E]7RTI]J3#:FJLL6'V=$#_ M3PV-Z\_U2;U=[YF693O?W.U5[AJASIU\TF`[8@+/`^<.*.X$WK-AMG-W]1&- MXJ=C-@FQ.$B)I6ZE5(+GE;:C_GY@/N]7?K]?(&7O`,!>O%1G#IGIW'VB!%F, M`-^Z"(,H'S1HE$W6H'9)6=.2V"]U31*^3JS4?]-]QC>]^F]VX`#C";7RO.0H METKRM+^\CZ51DJPYG[E^A'V7!E&UL4$L!`A0#%`````@`H#!P1TAU!>[%````*P(```L``````````````(`! MYP$``%]R96QS+RYR96QS4$L!`A0#%`````@`H#!P1^,.F.&*`0``%A8``!H` M`````````````(`!U0(``'AL+U]R96QS+W=O]E@G8`@``E0D``!```````````````(`!EP0``&1O M8U!R;W!S+V%P<"YX;6Q02P$"%`,4````"`"@,'!'Z;T'%S\!``!I`P``$0`` M````````````@`&=!P``9&]C4')O<',O8V]R92YX;6Q02P$"%`,4````"`"@ M,'!'F5R<(Q`&``"<)P``$P``````````````@`$+"0``>&PO=&AE;64O=&AE M;64Q+GAM;%!+`0(4`Q0````(`*`P<$>AS>U./0(``(()```-```````````` M``"``4P/``!X;"]S='EL97,N>&UL4$L!`A0#%`````@`H#!P1UU'<&JZ`P`` MP@L```\``````````````(`!M!$``'AL+W=O/C=#_00(``(X'```8``````````````"``9L5``!X;"]W;W)K M&PO=V]R:W-H965T&UL4$L! M`A0#%`````@`H#!P1V^*LXTU`@``[P<``!@``````````````(`!,1P``'AL M+W=O]Z:<6XP,` M`.$0```8``````````````"``9P>``!X;"]W;W)K&PO=V]R:W-H965T&UL4$L!`A0#%`````@`H#!P1W01 M#L6=`0``L0,``!@``````````````(`!HB<``'AL+W=O&PO=V]R:W-H965T M&UL4$L!`A0#%`````@`H#!P1U5NBG6?`0``L0,``!@````` M`````````(`!(RT``'AL+W=O&UL4$L!`A0#%`````@`H#!P1Y#%TOBA`0``L0,` M`!D``````````````(`!T#```'AL+W=O&PO=V]R:W-H965T=(@UR MH`$``+$#```9``````````````"``7\T``!X;"]W;W)K&UL4$L!`A0#%`````@`H#!P1S@G7ABA`0``L0,``!D````````````` M`(`!5C8``'AL+W=O&PO=V]R:W-H965T M&UL4$L!`A0# M%`````@`H#!P1^O'\$ZA`0``L0,``!D``````````````(`!W#L``'AL+W=O M&PO=V]R:W-H965T25L%W50(``.L(```9``````````````"``8T_ M``!X;"]W;W)K&UL4$L!`A0#%`````@`H#!P1W1O M]`"B`0``L0,``!D``````````````(`!&4(``'AL+W=O&PO=V]R:W-H965TWD6=HI0$``+$#```9``````````````"``&UL4$L!`A0#%`````@`H#!P1](7%76C`0``L0,``!D` M`````````````(`!J4<``'AL+W=O&PO M=V]R:W-H965T&UL4$L!`A0#%`````@`H#!P1Z%!V#VX`0``(@0``!D``````````````(`! MQ4T``'AL+W=O&PO=V]R:W-H965T&UL4$L!`A0#%``` M``@`H#!P1P\%Y:$P`@``8`<``!D``````````````(`!TU0``'AL+W=O&PO=V]R:W-H965T59``!X M;"]W;W)K&UL4$L!`A0#%`````@`H#!P1_-B&-T- M`@``'`8``!D``````````````(`!^5L``'AL+W=O&PO=V]R:W-H965TC)*XEW`$``/@%```9``````````````"``21A``!X;"]W;W)K&UL4$L!`A0#%`````@`H#!P1S$1(^<;`@``8P8``!D````` M`````````(`!-V,``'AL+W=O&PO XML 11 R33.htm IDEA: XBRL DOCUMENT v3.3.0.814
EQUITY (Details)
9 Months Ended
Sep. 30, 2015
$ / shares
shares
Options  
Options Outstanding, December 31, 2014 | shares 1,690,616
Options granted | shares 653,000
Options forfeited | shares (100,000)
Options Outstanding at September 30, 2015 | shares 2,243,616
Options Vested and Exercisable at September 30, 2015 | shares 1,716,616
Weighted-Average Exercise Price  
Options Outstanding, December 31, 2014 $ 0.51
Options granted 0.43
Options forfeited 0.43
Options Outstanding at September 30, 2015 $ 0.49
Weighted-Average Remaining Contractual Term  
Options Outstanding, December 31, 2014 9 years 10 months 2 days
Options granted 10 years
Options Outstanding at September 30, 2015 9 years 6 months 25 days
Weighted-Average Grant Date Fair Value  
Options Outstanding, December 31, 2014 $ 1.47
Options granted 0.73
Options forfeited 1.49
Options Outstanding at September 30, 2015 $ 1.25
XML 12 report.css IDEA: XBRL DOCUMENT /* Updated 2009-11-04 */ /* v2.2.0.24 */ /* DefRef Styles */ ..report table.authRefData{ background-color: #def; border: 2px solid #2F4497; font-size: 1em; position: absolute; } ..report table.authRefData a { display: block; font-weight: bold; } ..report table.authRefData p { margin-top: 0px; } ..report table.authRefData .hide { background-color: #2F4497; padding: 1px 3px 0px 0px; text-align: right; } ..report table.authRefData .hide a:hover { background-color: #2F4497; } ..report table.authRefData .body { height: 150px; overflow: auto; width: 400px; } ..report table.authRefData table{ font-size: 1em; } /* Report Styles */ ..pl a, .pl a:visited { color: black; text-decoration: none; } /* table */ ..report { background-color: white; border: 2px solid #acf; clear: both; color: black; font: normal 8pt Helvetica, Arial, san-serif; margin-bottom: 2em; } ..report hr { border: 1px solid #acf; } /* Top labels */ ..report th { background-color: #acf; color: black; font-weight: bold; text-align: center; } ..report th.void { background-color: transparent; color: #000000; font: bold 10pt Helvetica, Arial, san-serif; text-align: left; } ..report .pl { text-align: left; vertical-align: top; white-space: normal; width: 200px; white-space: normal; /* word-wrap: break-word; */ } ..report td.pl a.a { cursor: pointer; display: block; width: 200px; overflow: hidden; } ..report td.pl div.a { width: 200px; } ..report td.pl a:hover { background-color: #ffc; } /* Header rows... */ ..report tr.rh { background-color: #acf; color: black; font-weight: bold; } /* Calendars... */ ..report .rc { background-color: #f0f0f0; } /* Even rows... */ ..report .re, .report .reu { background-color: #def; } ..report .reu td { border-bottom: 1px solid black; } /* Odd rows... */ ..report .ro, .report .rou { background-color: white; } ..report .rou td { border-bottom: 1px solid black; } ..report .rou table td, .report .reu table td { border-bottom: 0px solid black; } /* styles for footnote marker */ ..report .fn { white-space: nowrap; } /* styles for numeric types */ ..report .num, .report .nump { text-align: right; white-space: nowrap; } ..report .nump { padding-left: 2em; } ..report .nump { padding: 0px 0.4em 0px 2em; } /* styles for text types */ ..report .text { text-align: left; white-space: normal; } ..report .text .big { margin-bottom: 1em; width: 17em; } ..report .text .more { display: none; } ..report .text .note { font-style: italic; font-weight: bold; } ..report .text .small { width: 10em; } ..report sup { font-style: italic; } ..report .outerFootnotes { font-size: 1em; } XML 13 R25.htm IDEA: XBRL DOCUMENT v3.3.0.814
BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details Narrative)
9 Months Ended
Sep. 30, 2015
shares
Property, Plant and Equipment [Line Items]  
Potentially dilutive securities 1,682,785
Stock Options  
Property, Plant and Equipment [Line Items]  
Potentially dilutive securities 2,243,616
Computers And Software [Member]  
Property, Plant and Equipment [Line Items]  
Estimated useful life 5 years
Leasehold Improvements [Member]  
Property, Plant and Equipment [Line Items]  
Estimated useful life 6 years
Equipment Furniture And Fixtures [Member]  
Property, Plant and Equipment [Line Items]  
Estimated useful life 7 years
ZIP 14 0001354488-15-005083-xbrl.zip IDEA: XBRL DOCUMENT begin 644 0001354488-15-005083-xbrl.zip M4$L#!!0````(`#8P<$=3Z?<-5EP``/UQ`P`7`!P`8VEK,34U.#(Y-"TR,#$U M,#DS,"YX;6Q55`D``YBW25:8MTE6=7@+``$$)0X```0Y`0``[%UM<]LXDOY^ M5?-Z]J9TJR^:K2-E)MAP[GG5M)O;$R=W>IRV:A"1L*%(+DK8UO_ZZ`5(" M)8HO(F7'XVQM91(1Z'[0Z&YT-T#PS5\?9X%R3UA,H_#M@7:D'B@D]"*?AI.W M!U]O!V>WYU=7!\I?W_WG?RCPOS?_-1@HEY0$_HER$7F#JW`J(Z)Z;3D%?B)FF\ MY*4^.JIJJ/`_T?W-XQT+Z`G^J8#0POCD,:9O#Z9),C\Y/GYX>#AZ,(XB-CG6 M554[_L>O'V^]*9FY`QK&B1MZY"#O%=#P6UD_;30:'?.G>=.-EL@\YV$0P%,_67:0&UO'XF&A*2UM.A1-:=[4)VOM8N(=3:+[8W@`[35S MH&H#0\N;,S+>"GEX#$_SAC2.3%VSJ\8G6N0=TG@P<=WYLL/8C>]XX^P!@K&* M8.`)BP(2E_;A3THZA5$8IK-R7'["CI/%G!Q#HP&T(HQZRW[UG8H=``/^7(Z. M/RE!Y]%OFF4Y^LA<=IM'#V")8*BS(R^:\3YH40>YC:!>G<1<>S^3L<)5\F3* M)VI%;9!W.WJ,_8.L$8)X>Q#3V3P`+3O."0K+\2)P!H^)0OVW!^Y M;$/"A":+Y:_+WZF/3\:4,(4#(P7)Y1IV?O7W@W=@L!G$-\?KG5?LCDOY9=SF M(/7(+T'!#2AY)Z0\&ACJDD7V9)U^@5+^8R:(.NF8+U:JK]DH9J["'7_FNH,7YA0I17'V/N*X]@O5SKFOJ,5TWZ^]7AE8V0R(]*P MEH]\`/,X#ZA'DU_)[`X8^Q1:BIPWRP9.;E@$XT\6-P&(YBST/_P[I7.D]W[Q M!<+:LT<:'[S+&W\DD'=-H\"_FLU9=$^P72QHOSDN92G#/2['^_V'7:;FO(II M7J4Y)\OGERD+:9(R`ITNZ2/^[9EF_`4LT*;V.OR!I"CGT6R>)I!80]O;:)P\ MN(S\T(]M^J$_7ZKQRM>+EZ`=]O/5/GXL,\]1[3)MZ\>,?T\SOO]0TGZ^;//5 M1PA/:]K/ESC_F.@GM>C7D1Q^AS'=4]JS8S_?MEU/T_R9!!"P^C<0["Z^,#>, M\81"%,;O%_*3XFR?3RD9?W@D7HJ'&:['8^H1]B."W^8+1L]7H.])22Y@\//0>\"\+&Q;`#[$=(EBV:KN"V)5I/R3R^-DVCV MSS/`?4$#7E*Z32+OV_6'H_'QTQ$L932B)/SQZ0>H3'Z4C"N4N MCOEZ_,%E(0TG\0UAMU.7@?65$]@HMU=+\4?,?I*&5&CDU]N+#:6:$3=.&7F7 MO3US`FUR8OFC(@NDMIU^/GL;?'QZ#ZJV.7#L_`E?=,%7QS8UK07`=9!E5"6F M%R2,9I#FU;#-9@['%#?C6T8X?UZ00@.)M'EP#'C=IR705.)=1^KHZFBTXE@@UI93S=!L6VO(:.N>V"?2 M?H26,]1&LDRWT^Z(HWK\IF59N\&X"GTRID"9?(3EQO_"7)_,7/8M;BT+S1D. MC16(K82[(*B6`N3?U@X`KI,I84)G/D6AMZM96ZJZ8EY*U1/V_.B-$SB&W?AW@6[N^"AY5BVQ*R4[,[,JPV):/=:1 M"7ZQ#<]S=TX3-^"G,:[O`CKAZ407SS0BQ@K0&HTDP=:2&*DC MRQF5SD8[-KO.^89HH]F,)ORD#:S3Y\`',D82>@VY/L;T)*3!VX,$C$AZ05TF M'X4\A^0%G?;.0A_JCC19:_1VX%>SEFF6.FS.[\SW*:J+&]Q`*'L59LK4/HPS MAD/5DIUB.>'=^=>$;YIA#S6U-?_/)'%I2/R\U`#>-)VE?"/P`F(?C[9W%H.A M9@P-V4CJF?0"JUI"`U,W3$O3NL#B>H0'W`B+,21.%NVE8YNVK4H6L4ES)ZXU M@[`+4*%]OB^10E)`^YI*US7)8#-XZQ?NCO M&F<8EJY)3JP%JWY1-EZ#.R"\861,X(G?89%1YL+47<4CTN\/I+I@*.%*TTEU) M>.1EV>7!5]4<-4?10!@\'M/DM6=7%)W5I(%`VLQ-9SUI()I*U=U2HON%1?%F M[(_W$31V:%64.^.H694U>5'>,Q2K.J8?RG':GJ$,J\/[D:,;3X;%KLFPG*># MXE37)2QC9[TM1/MS!F1YW0#^'A#\"Q`XFT40P_S.?]]*O'6P8CHCW2S4KWK! M\83CJ[9@&/]P_\.3PO7E:9,+&GM!A%MQGW%OG-6O%"7^!X9GEI?XJOCT!0\/ M`#9TTT^.K-HM/">R:B_1<4I]0D_.0`5]_FIRX);H%-YH-@9VY,WQ1FN93)8" M70(S-_@_XK(/XB1#.<5!_N9*55>9_$7D\9/Z-_P<1"5M^5#%UJXR[0_\R,3B)5DW$CY%N0.C93/9(YF#?.%9UK<<"$8E=#99/.93&B<,'`!>!%M M.9^;Y9V=RM\@3\<"SJ%R%7I',I\BH4U&YS!DY@:XT??X=[)E1/()H:U=R^9A M-5F7\$M)/3:?B>(8['B$TEV+=+8CJX7=\&VTNZ(H\U> M6&,,YVX\Q1T#^`\NLO=NP/<0DG.7L07(;K=*C.9HA:V9!CSZ`E93("_D64^( MRZE>T&W+-)X)6/5ZKJF&/NJ(;/4:60^;K^O+>!7QCD`:&]S>,.#KPL^/H295 M[S`A_)!)'TKA#(=2DKZ%[.[<&VM"0\Y;-JMW/HJA6ZI>NQ7>%Y:N6_);,9N1C63VQ M;OH&EJ:JML2SA.A.?&OF<>"HAGRBKS>VU1,ZT!S5,>W1'AA73^T`/ZBBF;OQ MS\:Y46PX[5[3:\:F9/$-3>^%2MP0.9:7LP*=ZCD9R-E?%17RU M*L#"O#^C(:^?85"?S67KZ3)AE9(/_M30[PRGWB0MPWA".'7FJCJ&O&&R=SQU MIFP8(WUG./]+Z&2:$/_L'GI-R*<4WRR\'O/*G%28>^_&U`.:_"7%LJ,%!9W: M6@T$J(Y(6WE>++;X^N(QZH1W*"5L.H,ZYUKUJ)2WU"7%I#7`!K](2P]!;B MTG;&!7E0IW3',DQ3"A4+Y%KRJDMQ[%'!S75B59?6C%3-D<]Y=6)6D\IHSE!3 MK8:\OH:,N`']G?B_N#3$%M?AJFRZPPQJFBX74&KH=X93,\GJ$R*IT0&K6)O> M.YS&Y?H](\';*/:CUX:NG4 ME%#!U$<=$/%-+;&:==$3B4PK#LVM>V<.U;.IF\,>>#2VY0H.>([#C:4'$?Z_"M3?HV^N):MI:85FKX=`'I!IY&:HI^\8>(*UM;>ZRA63HAE:%:9-% M3[!:K*=]8!)W:!0%C"6TC;L*=J@7%@X\=&"]WU%T$'B/(RA>4=3>->I:)=(B M^1[@U-9F^T33@S:N7P72A$E/P#HHV'9,TAUZ&"Q=A[H6#=GU"O$QI+K$1^LR6XXP0\/;+LKJD9RH^'(KD"V M3K\/0#6&:,O16FM`6Z+AJ_`>(I>.^8&F#X=6;>!=PJI7D'7I04%^O6/,OG[0 M29`P!D>OSV!*6/4*LD8/+5O5>@$)73Q"_!BOM?T,D8G0Z.NQ_)V)G6HLNJ,. MC>)EA8T8]0BPN<_;$=MFT%)ZNKJU[!Q552MCHU(V_:'K$+4U0G8>Q1"QW!)V M3ST2?X0_\/@1K"V_0EB3$%1:.NJWKXF8&BU+S>5L^H99DWZ:LMW MVG6!*6JD7]Q'O'2(-C@54.EG9%+M.;7Q:-6<\C)3UP&MZ+3DT7K32>8A7S]? M?O?<.3!D]"[%1^\7_'B#N&%KAR(8!%)V(6UMRW,_L.OJ-YJJ]H)Z&9WAO5OB M_ARMB]+(=%KRJ%F(C*$MQVIEC"1YR!<"?8D@"[J,6.&[9/X]+E4[%*IT3=>+ MA8ZFO/J%66MC'1#F0L:E"7OA0USYXRMQ%:I_D>+%!G@S*GC=:\:O:'.#[-_2 MU^#:AY5V(:SL#.`I1M3B!1[,E9LC)[E#,L)U"`%!)OCN:QI)KB&2KRHLJ M9.?=.6NHVWJ%996RZ0U<7:2N5AE]4VCG_%.<,:])9FX!/`8DG32.([9`M]N^ M7F%:>%:G'9?>L+5QE"UP%3.B['6R]N_YF2"\C60PH]:25.-5$ M57T.JGKZV@QJ^\[UZIJ+]D7-M=L[FC#I"5A-(=-TS$8G";;CNF83-\QV*,`R MXBB@OIO=M74#O@7RK&SW8OE-UUOX1>3^JXN0O@#L]T'D?2L5[KN?@N1TKL3) M(B!O#\;0XD1QYHGRAL?F1\N#&RAA^AN4'UNYK+XGPBUJ:=JCHJJ8I-%22*0'F@/JG M/VG&:316+B`P>@#7>:1%$OTX42A2:R$>'$1]-QZ39'REY_?5_(S9>Y?%C1'1' M8+`P->D8HA.89X:CF2[N&.2$^++/9*$@2W<"`E[$H!;0:^HFRER4@&.%D8!R MW8[&X\$$NX&*I:*XDD0GBONS$HM*4]Z'Q1Q$G'I3!68V(0&!7!@:/R#WN?@F M%<@%4`%;7PE)\A"Q;ZM'RE]^_70=_WRH@"*[BDJS&5H<-.`P'F@RS30(=)[Q*<&QU,\VI7&!!OPT8$`X9\$^&WWTC\!&:.-.[P+QP>JIL,D,OI M+F\G),;G2?S1C?^I@D,:T!`G$OY]9-&PB"DSFZ%ZNE<@G"E:I>L)=5UP3X&* M3&>P(+BI3_%-DG$^[\*[B?+OU+TG8+=$^)DYGO/`R!R4&*DQ'P,>!=6:_UO, M+]@>!4+S`.!-Q$M\P0*?DWDB^J*.?PTY5ZYD<>;V&&B*[)U^.3N[D9P+.N8< M.,>S@DQ#=-KB_50TE"CST^@+[_C'^`C,<=E3.)B5R&#L^%%%!4:MN/Z_TEA\(^-0>9A2;WH($@?!P(CQK-$# M!4J^L"X"]@_"16ZN$N)H`K3O[.K!T$6/>0@."M+N&!<8%(:KC%W*0."24F>K M$@Y@-;IY%/-RSR'ZEC1(N,2%DT/O>$I(H ML`A`'"*^;FF(M=@$W8RY:D(8P_`K68WPB0="H M?ME"6VH"?H2-"M.:B7==Z02MS!7[RIU8`%&)^3C1^@*2E+,1H][%1.-IE`8^ M+JX0IW'S`G?ZKS04U0>T30YCZ_A6R%$C"8BB./DP-S[PWI#_82Z2I4E?8JRA MJ8._9Y$-]POXX/;#N5#+4#D#YQ`HCHB-CO[P?G?)]&O,]?Y#G$#$#<)^96N/ M6#F$J8`82A51:"Z:%'Y4@RL/MYW,H$0(M7+$:+0S]QOXCERF7)7=.$YG\RPF MQ.C1'8^)EV1Q%=X,BC'WC&*4S/8-9`VD/'?_C+LP888I/`O'"4J55K<-$A/IJ&A$\JLQ?%[SDSK!O\2JS,WT2#F#H)JO&<*U>MPM^!2& MSX1K3"!&E<3UBJP/4M;L:R">6/!>D?EA]NAF`5N:V1GW[J`U+/?QD`ZA6GG+ M;Z:@=676*)8/L4+F7TW+NI6H=B$8>5H5*PIUG_J$>\?<.OE?I%WD5Z174J*/ MFA+S;)N'1U,ZF4+$%U"0"P2U$*"P9`"QS`Q4#X_!"0\X3YD'(5P6JHD<`A8' M1H$'*-0,`UY<"+@7980H,\`YC;$*P0-H45#@,2M930"/HV)2X(11M>="'(UN M%@]5Q4D6C2ON?,ZBQVQ)YB$CQM/W>*7H*W*/JS.>BCCD^3K5.$\UAZ?H))E1[3Y>=[P0A`#PM5,5!%7BBBOXN0&X-E7-AY M)$$FH/IC(FI=N-V:IR:"99$CM)EDU^+P'(ZK=.:M@0%T_K/F'`Z'!N_V9^=P M-+0P#X81W&(N+L)Y5<3BO$U)D`_>?$[PJ"4)%G\P=RY/"L1$#U,28EZI8/26<#_E4>:E,[RP!;?DLPR8B+"4KZ;9 M%<99\,?#T5"P`*@+GG?RO(Y7^;#R6=0D;(G_7[7`,%2DG7#)_8$7!1$[P14Y(4536>V#<">W.EO. M84D'S-=7^$+,B^V\ M@L-<7.A@[?$)*C0:$QUGE9'5<^B"ZXGO\U-(LWGT_^U];7/;.++N]U-U_@-K M;E*55-$:4>_*[&Z5X]ASO"<>9V-GMO;3*5J$;$XH4D.*=CR__J*[`1"D*)F4 MJ%?SUKD[L4T2#:#1W>B7IWTF?#/9)_^,N24W!E6,-#@:0`Y=4")R?#$*@<#6 M@R.7#X#*5KAS/#X?6`0V(L<5A$-NSHS;8.J.C('5/>DTS?1FN+`B"?,8ESZ7 M$+'R+2$Q_\,<"#%^,,X4N5Q'GV/S$MW6O7[R#6HUB]N,G];]_#1OB*$DO#L+ MF3T3=7G"_:S,FN0.A1;-7*A&4@JR6O,X<$%A&\D"Z@^"@.$/8ZS4.9D%)Q0U M!1'/;'Z-2T<+T/D&KTAM+W?'5JZZ9Q7D06LMEW8WTC]@:"^30$S,G@4OZ=`G#`QB/!&?#^#:E[$&18$1_8^'(C420*'>M3!&:T!>9U@VM M0$XIDD'42CLT&42M'?^]3\LR-[N4DX@AXS2,BYP-EA[8$`AR(9S-3T'RNO"C MBD_0LW<,UR&*[_Y`KVV@#4B^.W%PLN<#1\D2I^V99%YC;J/UB)FV;B*$.#<\ MK%!C=R)YQXX"W!TL)7A%)J>N>>)(7-OIFJ;[_Y^E799X6X6:%YDPN'@S6#Q^ MNH7XA^.);YG\/%/+7GAD85P"+42ANAR(;5.F$OGY&5XT[]CL">*BBDWF@G:0Q6-\>PG(02>7,\#+>%2A)I15.:) MI`Q+T2_-Q]%,7A-!.F7NOO+"GK=H%!HG$P&#LQZ_\**"H/6*IR).SH_Y3)'(JJ+[5 ML.\!)&N6-R%3HUM+1=!U.+D"2%G*>+8;"IIVX(O?<;B'DD._L0@Z,!YU9X MQL"B%]%?]H.3+JZF,NE/982$D+,08D8-Y+4$GL>%B132F`R$XNL5'0E,[C_Y MB&($F(.;F*\Q!TYY3H6C(Q+V+_GU%9N'F.),)CS[(0Q]J<>%N:J;N4H-P]?N MX=I)AG3Z)H19J/IKRG^CLE8IE'_T6W$^OX0NUIV`Y@*A`L8&78Q0$;/)U`N> MF7`,VXA,(JV9^P#2SOBOU>Z)FX"XN7%1X8HO93=$W'TP=$G:6FU\L.CY>9J% M<9=B%-IK29$(S6!T0-H9(I?Y6=A2Z-P_/M\..:IA$:D7Y!49CI,=QLHW/N]3 M-$K1/.=<<7%Z\U&[K/X6-(Q!JRF3Z+N<4*MI9N[8G,^$;0A"@18Q)6SYT8/<'BYC6%/&&;APT&BL>1AU]9) M)$?94%R@?="^"^*4ST(C5@1BDUP51=&"YS'#0/-0"<>:RMB%I0S\)-,K`&,? M"P.HPS078Q_VB[EG5!O$/"^:V@"C`[4_^//4=ASYLZ#LR75F#Q_XUC7?_I1\ M"KX2RD<>H39E9'LG_)YQSVF;!=/D4:@0P,>=N2^^_<4H..]#EV*!!LVAM15]8?RDT&: M/&+F^_/>%8?`R^FRB1QY<75H$3G M)(\Z(-GDWP?P%TS=SW&VB1W%?X8ISOP9&3SUJX/3(DMMM==XJ%M[=*C_E3W) MEPK'*K6OA3=NP;,HU-"S3-67)SPWC39.&,3W#Z"ZL['F?%I-/C>P5]+%']H@ M0!NN?Q1/18KUW;/^@`>LA29-CK`C%R0;Q5K%DD;O6B)I9V*B%H2'+@C;>R0( MKV0,0#D_A$P,0LW]/0D<.&4H682U+:6"$IAW_*9O1$FIJ"K'RC7*1:(DE-`E MAUF<_C\H4]&(@C@$4MZY#7XY24D`+AUG'@9:_4#*,9N@))\SYGH5VIY5(LN/R@_Z/_!"3%&$V)L"$EP@SQV*A=ARN8!PLY!9OR"1M8)TGT?'SQ*:6GX:/ M/3^IZC#Y)M=X2?M/O1Y05@#*II!+J4JR!S*9L-5081K*Z2$]!@Z0!5I.!/VU M#ZKDO50)SZ6ORLDQ<.AAYRCAUR=5;B9?ADKC54AG/\2=B!Y!,BAU4",&$I)L M2,TE`82J&Q.EE$,6;CXG6@)?=^"0.?_WNTTUC'+@0C+048Q131@X"= M$R#T1PHC1%\>Y3>1:3](S2S`"[SC.LKR-1%!"'`1(-&0'Z<1)NIQ<[\XV`56 MYJ@RF&/5T>"50??KS#A_/.9PVX*T\&3ZHAY+N)B2\GQ4+0MA7$A;(@>/D0E5 MA"D5,@*(>A"R<228+7%MI5",ZM%`> M"H0LV,6Y3J8>%9XA)$.LU)>N9#%CFZ(((UHZI5L=-D5(,J5)-!*8S!Z M.QK%$W&O0,W+I_2F9UKMGMD>#/D]#2YH\#]3XCQUM&Y3QD7$[;][X58(PN\4 MCB3<.?A@O]:F]#&TW0IF<>*T$ M0VK10,E,8S>,9B=0>$9W=-E64R&A[#;Y?E5YF%&$&R2_$M&=@G"DX^X3KTIN M3OA7Y5XGG)<6,BC[D*DAS1RX5!E) M-JF8)"6G"3_S(HY,M[=;KL5S>@3EMR@K90&4"H@49K45(B=WP6P63)8%3P1! M)_0D_WJC*R(-F:.S-."QYE=&`2R4__>?6FI5[C!12GV0W'SX60-1-(6T$/,D MA-"B,93$6I]S&63,]0(A'S]X"NWIWW^B__Y4K^L]5$AF@`%VMJPYT9*73LLO MQGPY[/\[.SL_O[@H$(7L#]X67:YT2;VJI5\MUFB]3>]<"*ZYTORF/E9T#F]6 MHW:PF-J7Q[1,:VBMR4>9B:ZR1*]FO;MFKSG8PGI7=%:UZO\T;06GFX\G47+= M5V>-LBRT\K9VAN:@U5YQ7RNB>V M;5I#5D+^E+_H;)ZC%77=EMD<#`_ABEMO;FGJ.F:W MNSOWQ>;-G,*&C(1:N]2AUH[.>N^9W7:S-M[E4]E8I9YC9:WFMQT M[1O_C/FJ6KV\'%V1^F6G\FJA31+!"LX>W)"2%!$"2>NI`9W/H`)$(7J_&?3- M9K.9A9*A%$1N&(X8R\::J:7$A&5"MN`/==IO%:@P5;]0LP<`N1>]Y+"F M3(*U:$/(A!&K*9]&2AS[.4IR@CS((6`CYLB3)#OS),0<609H-AD,02Q!VQ"4 MGL,8H;[KJ?!9)J?DL!DB?3F,VBFI/?M@O'/?&U:KJW8.V4;_'AP/?BK>M9OO M#=R/!!E#9H?03OS"O^6^E\\#E,:[MO4>J]?<'P+)_EWOI:^8AM5N+J0&Q^"# MX!=/<(P>C0%2%<@<+AE`\!0-LGC*,,CC>_%%&F1HB:]"S@S_Q0,WQD.!>H;U M"L_TYW?6H/E^V=PZS;?RC.4-?<3\*_-Y'545KHF"C%Q.]:1$:E`60M7>@"M' MK58O'TQ9@^*F@)N`3S9.BN`GWV`E"RP)?4R'MD/R165]TF(!24P)-)=:3_Q( MNG[DY.+I;V1*1'.&TT2N+&Z#='I,-12@EJX`2!0K.'$RLDW[9;9:W5SL^876(!90_%SX-_?0[N3N2N]39_?A*6*!?P`Z^U3`T5C/FU>*#?Z`L8L&^)=)RWKF"AWZ0,R0UVSK!/> MYB(]'L$G)7G\:IH895Q$W:`J!YC M#BWKR9WJ@3C2<'GK(H?-'PJIUU\X%;V>V>OUEYZ*,SN<`)ZK\=F.%S"^,#ZQ M>Z#.YIR3R"A`*J1A@%R4<[CP;&WB:#1QD@TD0C\>1A5'0\P]]V3@N-FC@61H MQ\.HC\86CT;B=R;K?67?LT1>%TX/Y8566/-H`K3,OD7,P27TT.SVVBGG,QW/ M/.!Y?,*;^,+/0\A9-YP8[TXG$;?''7OR?N,\6_/G]"C< MQ-.I]VRW#CB8&0WO8,X#(62$7^ M*27*#&!%/_""^V?9LU(T>!/%DEB`#UQ&007PEJ%XCP%S0X3^\`S`_X>#=0_% MW@$"\B`>OAV5(.UV<3WRV>VU:7P*&P`ZY?(C^&!\FX9LYB*7&Q,FL7^`RL^? MSW!QB.Y.O]$$0ET:UFRUI<*KJ"/R7KBCFC0E7,/(LN?=62[4:!+5R/(;^>L:U&6F\7 ML;>MZL"QH:BAEC$B1L/K1QB&$=@&$]=W)_S,TB:IZXL"2$PZ6:86E&[6 M&2P#BI(C+DK:/;1@D,7MRD,$;Z"PV:Y0]HT2_UQ$X9Z5:*]7=#H8%B\Z%<82 M(#W`:8)SS?.1@.]V4G M*CD5Z\]F1WMAM^XA.1:MH$[43?;+77%ZY[BR;0+L&'`7\/NWYMBNO:5?%=7UF_Q\LAKL&>O M9W9ZZ^JVY>N9PW3;*A7T]J7[P#PA1AXE2>1GK?#-?#V=S(F_3'I*G?J.J&HX MI9977-1O-10DAJ4P86[:OHRVBXPBU9LG*3>@?!!1V;L#\#H4:WP)10E<2L@Z;L'=29Y\H+`V;5L MQ:7=O+`:H]ZA"G;HC"J9`0@\E4J:MTGUBE;BI+M8W!4N%@M]#U7>_[7] M*?S.BKA$-4V'1-/V;L+"Y.JVWOYBK'6M3\1MQL@M?^JS:09+*5L-AKHJ-)X5 ML:6'!4A8X]K<;#17Q3G;QN)O#&/IU6PPE:G46WS$6]QMF9U.O<7'O,56>\=[ M7)&943KP4\+=CB'^DKNW7PYU91A5#-A7E8]=T:>LADU-[<23#>Q^!/4YN1@!/&8DB+<0IA`)&&;66]-XUWJ/:'1`=K/1 MZV,1"U^2=^WWJH6Y0?@0CX'')XZA"OZPU>W"ZQWM,<>%]J=0'B_6H?D6NUD: M[[KOD884W(0"SGS#=]4ZQIJSXLR3TS01*-D.>QB+60.I2-BC/=@4>Q@+6<.R M%D"LK9X4D$TPT-J9?Q%EDM#D'"N6SSA=[@R^?OYCY,4@&R'#!]8D^=.6&IBC M?+]6780QNR(C^(_F`%W[QO5H%L"1L`9X)-I+\>HR9;=X&I`86ZN]?X'4$#&$?0J]?CG79D/GO7DDR'QR'3@/ M&1SCEI``#8,S(^B0FLXG9*?^T??@RTF') M#"(A%Y/XHI#)B/NZ;CCG@GP'(91R*;RL4,7/V^V?,A[4DKU(RI#%A!140[DG'>#H#RX1LQ_`/PIUBR&$JPX<#QJU@+ MP#4CR27$3&>9!O#SEPN((23Y602@7J;!$,@";#`IH:3X3B:7R/&L#%9?3@!/ MHP<;D3)&##YJJS("@*CG=SL`D8UL3PI@!(IJXI%N&"7[(J3GKT"HWK1:70G) MIL.+*8E$T@C`013UM#"(@^)&R:<(>CH$LU2\'(DLC0PIVQ5`NSV*%WMU%+=A M>LWE`JY]\BYR3QYBRLX=NX'HU`#,B4AI&9SQY.#2%2;_ M\%[,'5Y__M3B/:35')`2YC\08=WF6_'R'=A=+IX=[(0!2GONKTB&JWI*T!UL M50'`Z184\\/?ZYE6LX>C)\LR9F#4_A:`M8B@Z+9G:'BU4P%C$@H_!3@DIBE) MIPL+^/;VS_S&^?S25ZM#V)>TWV::YV#_B.T9FCLK2(6QRN"MQ+E3G$)AS-9>+(K]EV0UV-)X]!*'J.X#=/MI-M$?0)M'`9D4] M5'(.$BQ6&]LYT"E#K3)["HR19T<1$(#G3AA-VD>E3$VQ(;=6WD"DTH(;OS@* M*)&S%`$H5LC&+%0`QO)=[=4:H773L(?2RKK,^,M3(.MI2ZO>CA>W8]^V6=@Y M&=A(9=%(8$:$=0:DZCG9D6J7%7O>,RI/$CI9[$0X[J@(21KQ`2:RAPKYL*0S M3U$QW](LQ\*4H&^$J`C=IT!8S>2G[TB9"R\Z)XLPJN%/2Z=#7DKH4*4P^E+^ M[V&-N+L[1K2Z91CQUY#=WW.C;>3!/?HE+N1?>YD1*^"^Y7-(<1[247/?KKCO M+,-]G;[9[PV7[-P"B8'N>GP+Q>-?-K=RD*#/]G>NVDSCHQ<#2++KDQ_HHV=S M@]0TOC3.2K&M(5D6C/1H3/"N,MCY9F@V^[U&::JDVCP78Z^B5X^$Q M\&E\'XOF8O.R4UQ\K6XI)0Y7BU\Y7X4^EH9]#'X44.O M?=ZK`V(K;&&"X<0%$E'RU/RE,M/!!-CH8\B>N'#Z-0SB*93#0^A7-$K%YH<( M.$^)%Z=\4SUCJ/NT]WF=#FA+A:2`^/+R/7VA*PV!5+NAGDY#7F>NRE+@HUJ`I:6EC%&IG4]].]X2GEHMU=/8Z`@X_N^6ZT9WN2IHX*9=T MNT+]T">+F]R8(C>P<$>YFHNVPT57]O,+@FEY$[E%@JE48SFD8'%S.5UVE6DL M5[/0?K#0R_:*]E*J+\C%=262R.K4HN@(^`A1^):QD;@:V2`:RO%-*LRF,E2L MGMGO=VNVV6NVP6=H"+ M\+>63XOL149UDBP0+4FQD@DE7>CPG+[=8W\Q,51Z+OAMQ\A.9,SH-M["VC7T M7,HL5?RZ#.XO^ACQ\PLB6MT158LK/>_53)*4DYLK+E\FPMK/^I$<63B99ZN\#<%@55MJH:6IQ_[\ZC;A[YINX9 MON43Q72+`-U%MO?=; M=ZAT'R[+_5O4\)Z<4@VOFMGY#Q:.W(@97R`N6;/DH=%]A"SY%;L%PYWG3(1: M(3AWR\))S9Z'1O<1LN>OZ!GY!)Z1"_",_`Z>D5?$F=X\6LL:J+&5V-PZO.RV M5DH:<9*BZR0]S5R`@E_\G&MH>W/@/GO%#"^2?RBT#G>[U);9&S;-7N$VP@5@ M&@]EY6LF+_SN&@"C.USA1M>JN;KFZB/CZF%C4%BKUVR]1^37;+W4$&ETBK9N M/BRVKNC:@BC4E5Q:MGQ1H7LK]GT]X3MZF"+DA[O^\UKQX%KS8;_2,2JQ49]%7&(;9MTLO@?5FC M?H]V\4`)/"B)N/]G^4"Y8.\)K-FTYH(#(+!FTYH+#H#`FDWWT8"OSB._X]RK M;$;111".F5O>95^T9>H^7NWHI-Y)\I5UY0E.SXO[^MS M49^+2L]%4Q&]?@!B_Q-YZU-2GY+5W,B'KCGJPU$?C@T=#JO1&1[]X:CHYE9E MZ&7/[F[7.EAQ7N>K6O#L7O#L?@J;D$`ML]5I5U!*LO]BJ#XJM8Y>,;WL^'5T M?3CJP['*9(:-[KH%`/7AV/E4ZL.QH=M=J[#E?K"'HZ+;W>;B7/'":+'2;5]<&H#T9],.J#41^,+5_W?D9@YM2O M#AQI>@\`_&5GA6=FAP($?`XF+M-D8CH-7&SA&K%'YAL^'V2"+T2`YN_.(M&L M,A@;I\ZC&P4A8?>KOL/4+,(/_),_8WXZQJ[H\".Z4H@RLG=]>B[530)&8/;H M`;H"P)&@2.,QK$,`BOAV)WA,12W]Z9'NCF'H:J,\+#'7XR?6G M\2R2/3SA2S:.@]\G]K":)SB/&0LGOV#GVZ;!)"HN=NO\)=U((=4EMVF<&&]: M#:O["Y<[T7=C'#)FA``.R1]H-3K]MR=&N]%LOL6->0PXJ:[GSI[ASU:W]_;$ MZ@[?-I"0VQ>ZXT1S:VM'QIM^QVQ;[06]/]ZT^%\[/=RC16U`V`_X-^V)HUC5 MB-P?:<1ZZ)>G@=7[T$3%9]2L%WNZY)!(9(4*T/6-90[[;47.8D*P=_`=D[]S M#(TR^AS7';C$V^BX^=HEV+6O1!72DR^NI-1I=8=FO]G+,.O2+F6%)8>1DAI( M##U_LE!RY`@.?F[6DAM&2F8@%6\`LZ*HW+`:W6:^O+#ZBP0%+=$B^8`TS.;7 M$"1$>]`S^ZU.TI/[D5H9\^G&7!.!9N`_13/;\ZCC"_]-R&?F\;$?X90)2=\P M.!]3;DG0/&=AMR1K:#:M?H:@.:F'%,A.._R1 M_M`<=-O9\R#5*7/FI:089[^DX"N3>+*I,](SSS%*VEGM>6:7TN[1#MT@!CGB ML"E#]:'Z1W-CS&5>8?XK9ZR*6E M`\V>DR[R?-Q/HD,PWVS^T].#RTWJ3A[+B";VXH@+&0R22S8KUD17JZFZU242 M/?#G&^09LJM](EUDMWJI!1)IGU("@;^P1YV1[4]'4I]ZU"VR1(=]TVJWBUBB MQHI6J%B.@I8H]`MO]Y>;HGLF@&LS5'91;+XDE3MY)@BVXP(V^!@R+CR-7\,@ MGA;M7WF3ZH6*W]7,SZJE\;RD6FZP(BF;D\G-1G^P0";WL@8KK<];%B^MPZ$3XH1M/T>NQ$_].1DH^U^578@.-?R+\G-+MF!?(7Y MC7E.`)%!V%U5^)B#87]>],RW'E:[D2.`S-9PN$E31Q,]\_[<.5.'2\/A8!N" MYV\_Q]')O6U//V"G4LYZ_*7H_,^8[\IOP8Q]XASM!5$[$?_C*QG__Z6S([Y]34D-W?8U=W_9'+C_E=H0?![[S M7/L.&!D:B**7``^X/1H%,4H;D!G\MSHWD^T+[7U'<8C[QGF.^HGR+9NO/OJP M5661%OC[WP:]$T_A4'P'+8'#""=NBGU)&=[&+27Y>P MX;"*QBDR<>DY9B.G1>>\X[6YX2^[8SYQ_O@U/^"A<7T'D3!DYDO4BZ]Q*;[Y MP6M=AMM@QD_!F1V&SR"#48_ER>`-KD=.-'\5<;\^ M@X(WK/=K[U>]G,ERMNKEK'(YV_5R5K*M$_'+FP@,.N^.7:&Y7/]I@_Y77Z*OL?^%WMF@M;)JF/&M$2V@L M.JN7F6!MW/JB)\QJM\Q.9U7$H->[;AM:MA5$S1+LEI)E>ZM9U.7%%N%3R]&Q-;->E@>O30P4ACX(]=S57;SZ,'V[YD, MY5.8/Q4P3X*5>H1RY-E1A)5%X.GVR"=E+`F&;B+V>&1QQHWX+GI;#/@8U3DG M2VJ@8PEU]+;K_;Q]@!2;*TH_.]DCL\$BMZ\(1F MZP_>%EVACXPK9)\2D#QN+;"2-R>I2]]6<2=4'RM*?5G?KAA@L)C:E\<\69-[ M,I-<97GJM:YPK2LZG8B>MT:,[Y3+%"I&++?,QQ,_&:S3XJ@L^Q_/LJUZ1G:I MKPI.[0QON%CYK.ZEK_9X=.NH[%$=CX4*HX)P[#D5H:YFTM4._^-P^->[N]G= M/=G1OFY)/>_`];^^]MET9MD^SF1/+C")L1;[(>/#_<4_9MPQ1!-+C9K4?RXMX\S6?-[$=Q'[,^8#G#\"]DB9>D]% MZ"JHFGM8;RY05I"QY(OUED7+%)$-J^$T\@0/L-:G15VSDL M$3Z-1L',N.1/1+/0M;T:)&J[V^4PSWX6FS4-`R<>S0S/COW1@RQ!OSJ_N3&B MYVC&)H83,X`-L.7/S'^`[08TDD9>1PF(\F>^ZA+Z&!=7AL0GHHKALJ"P&A9@7\I<&7L" M]?T(?=$S![U>@S,(PL"-1B'@W]J<(WP_M@EQP,4Q^8F6L!B#MR98XP^`H.&/ MW"GTI/&1)GK.#AG*%P3O==@$_CCFE!H>H$V$"^6+-AL?9V-SUHNB&.>+I*2X MT#:F02A3B@0\I#[AR/8`P6>,@,*,`"_@48DN=MQ(AII95=96J8B#%9[($@8& MO&B^J5X<0:G_A4K[$J@US\:IPM\D(R-T`.CFS)ZZ4/]\Z8,,0Q0YT_C\^2P! M4QD'HUB`MOJ`>.$BF%Z*%'X80%=R:X7S]3TDF`&K3.P?[L3]"Z%!`:"3D$5$ M9MGL@5\\[Q_P/9"A7/$%4SP3KJ*$7U#][_BZDI+Y_([4*6*(S_G)`YRP$'9@ M:C_C]^"8=E&(`_B?$3*0SIPD/+&P/!%IQ%!'!)>$($!XLK0(<>W M[]@HF!`=_"5,JL(SRZV">,0IC_@<`;45D&[X\S_SY<'J/)&>Y]_G3NV2?T"$ M!!>A]I)*@N5%*L\(EN=&(9WI^JD``LPBHSYK_7\$I)+K\2GAFW#ZOP2>.WJF M_]TL]`L>$!!R`*Z"RT&01OPTN!,C]NW8<1%Q11T!;EW/&&TDXD+>,49"5_AUPK1VJ";SZ.>@-CX5:<3CA! M(]MX)R5I_Y=?3T^_R)\&O[S'4R((I\U2)+L^_]N$TCR!OP(:)+(G+$&)006$ MVL58-ND&0(#`L\'4]860YPMLW^.?30$AI=Y$2K0E$YX;PP:.=_Z(E93`DV#R M%?<`A"\`,(TG0(ARZ/;('!/U%Q\-I!.?C:=!W?A8L&H:/H/3(;6+34$^OB\1 M'\-6`)%"+26SFP:1.!;\T=BC(\H%2(CO<.)@T49V]&",O>`I4JJ+/^$&3B1' M2&!\U4:Q6?XP-.M5CFCT$,0>2%0^LNT("*T_^#U) M86@A&0OGEU`.',D0T4W?_,5M''0?)3Q_P5<#P-#^EP\$-S)E$]Z;)104IB4.64YZXJ;0/P!Z@P7`ED!,$= M9"`D4@4X<&)_YP=!30&5+-?-$QU+VQZ/&;\'$V`9&*&@N=&FQL-HYP-LP<^. M\E%A'GR`2\M'1D(6O4#>@WGLN9PJKN6YQ`YG)X`6J1GOV`&`WS$CH;O(J.(")G3Y&'S[)F`!".3' M&6:R"R!%SB)H4?#]OV.DQ%DR?50L$4N-9&-/&6Y8P%$%3/9H)LP3@OC^00>& M=*C*(LH]8H76/+M1OP:!`S<"_N(E9T/_'N`W3E$&97^F+VUET_0;O*O(D#(5 M=S3".]&4+XX2>Z$-?H;P>Y3L&O`]/W9<9?,M?Y1HRHES&V^0[E^D<4%7@BA$ MVQ3LDF7"X@4(2\`$0HW-@]GIM?.W-P!SV MN@O!$O&9'!W/)<64(1R>][QS45&M;R0-:_KH,F[WNK-(V[X3#^W*>6;`BPA_ MTPTG4H4^/?"K#G0288]T!>8&GQN.X@G$*D;HRD0#F)$B1TDM,=02KYCMTQ"< M5'1%D5DW@A8E<$E.*3%E7.]8@; MF@Y`Y`O%C#(C,W%^-9(0NHFA,E)!;&1G',A4-J)L&2UA81/ MA?=,70NB9-S3DGSK!W,;9$<*O397E)662O,&!=RH9L]?^-5EQK\"`A%1UK>F M@B[BD/,M;#1>@L=CP!EFD@QH)(-&@)+Z9!DR;@]P"T'>FA)X91`N$'#FY\#G MZH9QF\NA=CE]O*I%=(>2K```R@P<-YX[5@8C;F`#V2">,=&[+0K&LR=TUA(4 M/7^5[WAPA_XE<7>3=WW0?3%P`CZN2#6*D+F4NB[-H6%_H*H"X7$\;/-(RO#+B/I@O(PEQ^XX46/J7PAVUT M%X#!EL^213DJRXF?$A"KK?%>UG^[+%M&EV*,\+199,SU&S!%\(BS"K4I`29! M$%+97P:M'H?!^L/>NV-Q+TC^SE\!V>`X`ITZ\*6',OLD=0\$L8HT:$!@PK2* MZ-K'R)NE`16CX!27&8_/!Q:!,*S)LW5S9MP&4W=D#*SN2:=IIG6;"RN2[)AQ MZ7.&CM7-"HGY'^;PI;[_P%=-DLOE[3F_Q,U2=LOU$_\MNDV1G?#3NLN&Y@WN ML,1=-PN93?[CD?0D*!65+HZVY[QNDE(0+>DB:5M#4M,?Q'A-!+SSG3DGL^`$ M_X4N'NS$F';\X-437E&XXV)W;'51?5;^.M2\N;2[D?X!0WN9SN\H)VD^]9)0 M;NH*);ULB0L-+2OD37ZB@PE#QJ-SWC"^3>GZ*/'G\&\"(![]?;EK90HOD[[( MM&ZHT3FE2`91*VV*9!"U=OSW/BW+W.Q2ETGRMS>T8(BKL2+Y'T(@R)VYZ--- M7A=>!.FRQV?)QV]$\=T?Z+,(M`'I5B<.3O9\X"A9XK0]D\QKS&VT[OS4UDUX M@^>&AQ5ZVXE[ORM_6,G=\XX$C<*LB!U9\ZSU(J)DP%./I==(LZ* M.S6S?\!EY9N09L!M^);)V9.;DFBUV3\6.IE0/PM)[!C4#P`6&9TV#&W@.S9[ M`H]M(D+2WA\*YDIBL@;R2RXNH&#"M6\=%5P`9 MZ247VQ,=&I:B7RKOT4Q:L'#86+9'"]TE\A:-G/9)!PD;T"M0WM%Z01!,7B=( MF-"I#T*X2WX'U<-I]O%JH`3=_$!J3A3.DJFEW(S.&]L$O:D""Z9,KP$;R$6) M>6_#8N16Q#.4&X(8'2&8Q6:F: M^(3_(F,>C5!.*K&M+3J,N-!\X0<&=QUU-N$>:8)W,(IMB'T3T\-.^]24!.Z@ M8&\)SS3[P4D7=JX@+PF]A)A7@:$K'RO5/7XVI,S!J!N>QMP=?G'GYE(H(6S[ M$?CM3.ON<8VV(E[:H-"=SPBLY6TZCM35(!(JF-Q$:B_Y5C'A2$AE,]'*D\;4 M-:T2G;-EK5VB&#+AM-?4C4?NDO"EYP:NRR_EPB8F5R1RDVO)U@[@*0I95#=\ M:2].;SYJML1O0<,8M)J&.)K0;]%JFAD32((`T7DA=9"$T\2VH7"C<++'4EX: M\,[;+GGI^#Y%$)W0#150MV#MH5^%'K$I+BR`KS2+)@6@+6PFF_73\/*U!6(C@$?2M8Q"(J&&Z#HFT^9%IQ/_J1F+E-J MYH+V+EZK)J*9B[K&V)AG1,[-_,-&;E[9^,7$&AW(,$?K3QAT$'Q)S-",IS\) M`J5IP%R4`!VL(NRBB88D*2)W"",8C6*X9'(%`'XK%Z@=AYB%-'J67<+B"7I] MA0FG6J+I&0L!R2;_/E"ME'+N0L4+/Q;D`?(K_A0/DOA1UNO-P9DM/%";.L&O M]-RV]NC<_BM[6.=.*5QTZ/28!GJ$$7E-Q"HAET&ALID&<_'*Y&`S8FCL'F+0 MA7XR*7\\OH-XC/!?4+R"WY1T_ZW2[)J#Z18NPT+3/,N\%WF(,FQ2!2;(1"@N<>WK6TC-%'YEZ]DCEBH)VSCJG\VDU MH>(&-'`JDTH;!&C#]8_BJ4CQN'O6'T!(1+1:26=6NIF*"1F$&:[D0JY(\QM*3.4.,7BB4C#M929 MC[E6N4A*@&S5Y*@+V?`'904841"'0,H[M\%O)RGYP&7GS$-'N!](*8>RG,O4 M]RE327>?S$T(Z.;SG:@\4BCS>S:P!A!:S=)C#>.S@F5-A+#,VM3DG@@FZ8^E MS38GX-,!O8/)SYJ5-0K",+@+P.'/);ARF?`E%-.6-Q@MA+[(71D)XZQ'6KM3IMPJ_/8(!4,$Y8MIS--8N%0A2E[T MA"SB8I55*3R?LA6O^JYPM1ETZ8\].Y0D+#V0ZAK]1^S<4XR(`LS/>FJH.D*I M9/!T*&^Q&YW\LZB:5?G+$JACH?MI)9)@>WY0YE$V8Q(=F.;[+VEAFX4=X0F< M)!)MGZG/\]("[9=<5%G?UKE`7/C"0O24;XLPB!T+">MP68IUT/(-F?L#J_3$("F".29"7 MOBI20"\YS$5("9FX;"9?AOSU54C'FC('4]#A$5$=`DRC$0.Q41N26NBLH9;" MF*UR/L(5X$1.L6&NNI624?+[`U:9G_0E91# M\5=2?94)(%.>>/IX:BY251N4*@2`##IY:,5'Q'I26!\]U1E'H0,G0!K MIU)%5CJ)ZJXLHY,B#Q0O;8[K*'O&A'(]&PI+(+S/.6>$X7$H;2Q<+82YC2J1 M<.=9HL`B![%6!@\]KHXPTK@[9[56MZUPJ\\Z6->?.N3<( M[.D\9Y7@O)K'YA5A@UNF-;36Y*,:B[T$<)W9:PZVL-X5G=6UX0QSD_Q+KON: M^'OK(_V]/,_.T!RTVBON:T54[M-ZM$QK4/UR;$\!+5&-1<(%4?0!;F;Q1#BJ M5)4*>.#*,7\N)1O#&M:,E\H_N(;4?-<9F,-69W/VSLLDO*_W;85]:YNM=F\_ MMVW3&K(2\I>7[P'X2UD3=\=\6>+B4S%R>34O16>\]L]L^$##Q;2S'\31[*:5K;P$CP[C`\IA3RB&H M5>M.5.O`[%FU:CW.S=T[U9JD315`65@<*!2HX]?C"X0[N7)]=Q)/4(-^$2"H M%T$HP&+QU]$M#'QX$;#U?/J#87&?OLCK`%@-P!R$(/<-FZ;C2RLX]]?U+)=_ M]>>R*\=_SQP,A_NR$Y6#.%]'^H6V1977/0WQO)M5E7AXA0$LADR`3ZKX(89U$E M487C#FUQ33=L%N67PXAEK2\9OA`G)54ED-V=%A3!'2>#TH8/558,!N:PO[XR M.B!1(2'$!>2T2PTZ!'#QRAO[FJ5'R^PV6Z]%>BR:0(EF[)\#_AX6KF^*ZU;I M`UY=P^ZR?HN-=N?N]#R=J1K!`_7/ MKJ@*CC^3_J,`DLWK'83D[GFT:?]7^)*`8+6*?2CV2RKM$QPTK"[$6D-1^+RT M#ABZ$=4[5,4.G>7A&B_8I'K%*Y8Z<\&K/0F!KJ)1*K^4:?M3^)T5?GDYE6%4<9)J58Y/19^R&C9Q15ME#W*^L;'LX^/>6LU>J#?WV#97 MLQ3JS3VVS=5MA.WO;HZ!L#QB52Z^M#A.E=^:Y0;P_*@_2W0J,'3KB-5Q^8[% M]FZ,X5_58OY;@G>>"O#.<]EP\0M@9]>+O)%%_LJ@URVD%LI&I;'M&;LT%F0$K.>JW4_'U MHM-F#6RXWK`)V,%K\LPKPX=;:\T;W1J-;WNK/6P,U@65JI>[A$!I=(I6P1P! M]J%4+ZB0F5-RO=?$":F>`59/)NVVUPC0E3T(Q[-NS4;G0!`E]VC1K#7"_:]W MU9J-_B&B=984Q/*^7U04E]K-K?#-IA.YZIG4,SD:/"]Y["^"<,S<\A;8WB,^ M55(R5%$]F]6L(@OK-2'T'M3^-HW5C=$MN&GK7=M4ZFN]:=O>-*O1*5QY>7!. M^DH4NN:O%U4U>8V'#D81[$=%NFH46`N,`Q,8S>T+C'K3UMVT8:.[KBN\WK3M MJ^968=VR7ZIYDUGI4BW_SK`;+S2J$)XVS#*S(V@GJI2T-DWUKXKT]I83*RO] MY%IA^K[5VX#FKBC7]<#7?P6_6;V@]8(>XX+FZ*+E"="K)BXO`5>7N=.GV*#A MU'>TU.HK9D,38^?:_\H`L(S/C`_N'BK.^AH1+WCD#OYQ<7KYU?C]]/.W<^/J M_/3FV]?SJ_/?;F]PZ^[4IE87"LM+@ZP@R?%?<0"F!>;I1L:E;R#?,./*#K]S M-L`NUI?0&1Q646_>46:.VT1)J'!M;OC+[IA/G#]^/7M@H7%]%['P$9GYTI_& MKW,IOOG!:UT&@N<]L\/P&5QD*"_1#!^G?64;7(\5KBTKN@V//\/[W6?VR#S# M>K_V?M7+F2QGJU[.*I>S72]G);\NX3^(\B_"'`#!0I@=)+"`00( M)0VJKKQ&7V7_5[UD;=):V#1-QY?BN!Z^R.M=MPTMVPJB9@.@;B6\W&GKNKR( M3E.3!U!3D?OZ)<2@74$$O`0CM-\0+LOW;9U-JMF@9H.:#0X..Z3FA)H3UN2$ M'!OHA18(ZT<_LJ$5]WZ?6X?0L:,*_[$0V2<^PYS*O;5[]@GM)^;_)J<>\>VDKMKV;)U MWT5_4!C6X2.[=WV$6[JCOA.K^R<.!Y1B27OUE\<\JZLK6NZ'2N MB_YQRF7**EWICL=SO!8N?UGV/YYE6_6,[%)?%9Q:7O.I5WL\UNII4!^/O3L> MFRRQ.*=BQ]5,NAI_>E\]AS6Z^#[M[LF.]G5+ZOG((6F.9R9[#.F@-[!YN*'G/TA"783!!$K/XAENV/7X7(BK+RS$ MXK33"1>9L]R`)1=[+OT&GXQ^,APVV%_W]I\O?+G[ZA]4;M/J#;D)^);1L M?H+P#D0B3IH6_[]90/\>GK2;_S>*(ZY-_@_&_"3'U*KUKC`<]?+*M%J==L_J M;6AE1NYWJ]L=M(:=#_\.PN_\P3-[ZD+)R]PVMMH:L=]N/NF4:S5;S M;S\O_&1V-S[%[#;XRCQ[QIPO=@BS..,"@^7QT`N#=_N=YC!9HL5?7HN&SE(: MVNUFI[L*#5_9(_-C!CN7?OZ%HY1#0JMO-1,2%GYX'0I:2RFPK&&WUUZ!!,$C MG[GV8-%%#/GJ5Z[O3N+)%_L9Q%;$%W15]FAWNOU!0E29L5:B\]*_?0K^P\VY MG`7<`*G)<*M2"P'SU>AM]0;#87EZU8`K4GP1Q.%J!%NM7KO\`JOQ5J67"^O5 MZ.VWVOWRY,KA5B*W_)I:W4&_+!>4)^T2PMLLFEV*.].E+_^R`ML.FZ4(7CQV M^7E\X1_B_T7+^7K\&YME_EYZ-H/!L-\L,YN7*"@_)VI-Y+#P>GSA1OQ2#>Q7 M?EM:W6:KS$1RAYVC/JEZ^BV8L8B_#+>0E;5)J]?2%/WRKZ]-RW*CH[DJ'9_8 M'>?E:!;&L([:NQ^9S\;NR+6],U5!=D$%9*7MD4&3_S_-)%IAS(W0W1F^<)ZJ MIQMM;\1<>)G?I*D^=Q=H6):6RJJ^N#`/]32*X@E=-\Y_3-F(FU^?W$?78;[S M%7I:+=_/+W$."5`!D.,`>&&D,A3^'G`[$9P)SZO2:#6ZW6(TIL/&%I+47)C>W;(KS7_MN\9Y))? MC[E/80A!CO M6;Y^"]Q_(`%20F#Y(&N3U-DX2?QL3`1PV4983=_'`F-50UYQ+JN.O&H8K-UL M9O=SR1CKD5.`N=8C)U\"GX8AA%]!&GY\3AX1=\C3)SMTA%->0T/_+<9RD976 M=,YG7SE=NYAX@=VS>L/F84T<&PI&ESX_;V[@_!I"3'ZE"%:OVTX;:]435O7< M13,?@(:1XZP8O[=;QE'M$DM5'. M9#N,-2M)>$Y^`7[^[F4.ORO-X10$@$0#OEJA/9K%M@>>-6N!@V[X'ZMYU?J4 M2E78`74;6"/B[(($+%@=J_F?2E>F%$VY!VZKV]):R#2]JU;W4^9(;9>TJE?G M-XA:0*.)#`&X99_X752YB-06O>7M_)%!8&PD1*,8ST;W?V,)=)'*53B:-T MXK',37XN*,BR$09^>#MY(<\JJ=K1U`?]HLD%1S3KP6#YAA_KK`LGDNSUK!>, M<1E%<5ZZ:F=8)M%C(T3M:.;=YJ;W>Y>S)OU\Z8]"",Y_8O3?TOO?K4:VER)R M3U9F9_RQDU7YE5^H/@=1E*1ORKJ(/>.9Q83NT0KMC'>6KL[??OYQ%WKN!_A? M_N/_!U!+`P04````"``V,'!'A\%+G`(-``"IF@``&P`<`&-I:S$U-3@R.30M M,C`Q-3`Y,S!?8V%L+GAM;%54"0`#F+=)5IBW259U>`L``00E#@``!#D!``#5 M7=MNXS@2?5]@_T&;P0*S#X[MI#.=9+IWH-A*0X!C>RRG,;TO`T:B;:)ERB/* MNX8^01[^?-8_[YUI$-N> M@_#R\]FCU=&M@6F>:20`V`&NA^'G,^R=_?;??_Y#HU^?_M7I:/<(NLZM-O3L MCHD7WJ_:&*SAK?8%8NB#P/-_U;X"=TL_^?T/$P?T,SM`SY!^&EWU5OMP?@VT M3D>@3\O;^C8\=-B_^GCY\1>M=W/9N^CUK[1^[_?+\]<%O>(0!/3_[,-_7PS[ M??;M[+R\OYR^6YYR^[%[U>O_O'P\BR5W`-.@@S<]KP;"_%>LF3 MZ]_^.'%O0]%\[@0F,_'V?FX:H;[X7Z!W6?];GM MK;OLWUT;?>]?75U?W'SH.`"B/H4=]K'RX>+S6>R_C'CF%>QR/Q5)!6\;ZLT$ MK3?>_,,8ZI9ES"TQ8'S9 M!A`.)N.OQFQNWHV,\61N3/5O.OVU,EA^-PW@GLXF#Z9E36;?3H'-[:4!__0W M064'C?Z:&3HEE'=1W.E&T`Y-&;F5WUN?C5&IGYGCLRY60,MMY=& MQM;#@SE_,,9S2Q\/Z1"9F^,OQGA0![M`7PWX*ZSLK;#):*J;LZ_ZZ-%XH/[V M.#-":U2/J[Q>&D!M/=Y9QN^/]"K&UUJ`BSIH,KN?D-[?/;_GY\0Y>'*A8*DM MTD/3L;4F7DX?;<79FL@%^FI``SI0S/FWFI#SA-N*8W7]N;RO)N.$4S]..`WB M6]K5@<5DFHU<0Q@`Y)X4NE)=-%.I5C=A7*CI>%K7BKQ.VHJH;`[0V;K06PRA MCYX!FPL=(?"$7!2\Z6QJE/ZLJ^"[7;$M:XR![X>`WE7CHE[;K?-K>ZEPEXWE MT*/+6(%G?Y]LV(3PJNV\N\1DTX(#`C`SGZ`($@>(&"BCH?!#-I;WT=X M>0<((K6#>7,8VK?88`7P$A*$[P'RP[62ALQ2>B&>[C9P[:T;KFN,Z-\)"?@: M0.S`0_9B!JBU#!&@@$GVHJ^^UF%K2MLUQ$'\5TJL9F#:]DUCRTW^.D35%N#8 M8$7>@&9/])Z!:=7G^W2/33[N,_H]$PH"Y/@>TOX((GZ(:7 M_7/7+M6L*P_P`)"5CAWVP_AK2_.M2Q$1/1C0I/1&AVWHNL6*"(JG%8SYB^[; MFN<[T/]\=G!-X-L)+\FNV.U:=,EV'7ED!U%GV,LO?&_-L_?.MEX=5>*\4!1G MV@M$RU40HI?(X]2'&X`7S@2HFQ="F5)1&]U2,K5*PL;$L>Y]X&^L';E":\@(8K%JHV+`M2 M\_*&.T]*C>A<.-S+%19S)#G!K&A\Y(XAU0:$20NW!<)4S1&]/W7F/G#@&OC? M.6.$(Z)&W"H@I%15Y2ZU&6%S^L%;L?/EM96[UKJ`U+I.B*MD MA3RWL>RA4FS\[&)KD:K*>=3`6Z\]+,))MJ7LH2U,2)&2RK&A.PYB>@-W"I!C MXEWLY4HFK$=:1@Z!O`QPDNBV_9VO0WO2(=P@6S$J0=$ M9&7/B@D3)VX(Y3B,97P=.U62:KFD["PEJEMQ$:0L;2R,HV`=[C##SL##`?4[ MB&WN;0172'8&JTF6@"%.*<9;61>IHB^G(5?-3]VTEB/Z=TN;<(\/2B9VX5YR M=^%J/T\!NP-9P0!1:/]I:\]P_/T;";@?4G`/OQ/-6VB3#7O_#[L=E+A]^(OO M$3+UO04O]28:R;R#`RXD,_@,\19R=Y]E&LI.+#EF3@_3?-T4S",DF"QV0'F9 M(]%,=JXHMW^N7CG6[TA>08Z"!E[N=B-SDG=.4ZD+`1L?VFCW,$?QQ'^\E>Q1 M6VCLS#Q_5C?E!F[TOCF7E@ZZLT88D2!Z!G"G&R?ZEPG*'MRB-`E:0#GF#OJ9 MF)8?<$1#F<"HCS=69B!E-4AO%RGD4BP42_.]4LWR4I!JGD8+#Q$?2S63&=0` MPH2A@&2"C5=&Q!:1%:NQ)XLA?.(5M>6BLH=-+AUIMQ*U@)HK3"(J\L:8:B-H MOYAF7R(_8A<-'?T&'C@VDTPXI9A"9! M[94;/.%>T4@[3H$3;R1[5Z50^,IJI>S,6^*]K8FYK"ON7!9[AEF[=[T7F7-9 M['E/BH/66,^(ZG_W]DB@8^)#^MB]18,[XUVE#YDS82O@PSM`L0V\-8O%)??5 M1>T5J'`J4I:>-N,:0KD(]SX%MH0B[326\L.D:N3H:\\/T-^A0:+:F;U]A3VT M-?7A&FW7Q80)B"I0WYU&HK!YE".6^I[/=N`-8?33Q,E7.O"J]#))!>K!TV@5 M-8YZ17X6>>H9RRJ\9D05*"W?F]@"\R@W7IM;*VCN:9R3Z?HA%A%R?2KU$&;% M49>1EOU(3C,#K\!(RC$L>^:DN<=V3N:U_K1*[419_F+9<`I\@BT8T+OU:-:W M/`L>Q06D93_(4Y^W2FHJ.AZSP21Z14D2/EO3/"D05^A4<,Z@IZ!#O(?Z/XR? M9%^(5J<>CDL+,J_P=%$5*_T`%*<>7>3NB1.3%J18X;FF*E92CN("[4U,ZXL3 MI[!S^Y#Y3!MX"Y1>K6J4/12,7A]K,TVY5#::>?U/M;0@=%(UC MXH17-99R=5BVB,Q]ETN5:KN@`T67!<6YKF@JY:B.'ORPH/^,;$A&]!O;=DQ# MU`-`],:!F0'J2Q]&FUV*&:_:CZ(+A^+$US.<>OSGGL(PI3[L.6G?YK!?J1?9 M&;V.SMDM'57=1\D-R,V9@E?V*_F`<7.FX,W>J+H5,GE:?&(OY"_LO*+#P4ST MCR_&V)CI(VTR^Z*/S?_IOJ9- M)R,S.FZY'=UB!],GE+K.$#-A\`:3\<"8C1M%5W(Z?0+F31IF**'M1=I!67(L M?1QPOY<&'!/6F+1V$&\'//]P^@3V?AK[4;8]Z`5GUB>`7J2!SHR1/J=^,=5G M\V_:?*:/+7W0?`PI/<,^@?HRXQJ1C+87:@Z!]`FDF(3)9+136DM+M0"\\ MVCZ!.I/QCF+:7J[E>B._X.AGDMY[%!S:SU//1?9;L^]ZR<_MJ9/$X\I>9!)F M/,-K/T>BK8%.A'$>[$RN3`;SUH'G1G6>`ID M@YU=?'@K.CT]KN=E)F,790XE]#UX#%>G3#HOT4F&(Q;?_7!5RR1Z[DV03`VC M/'YTT/!]C)--.*LKXIB%A4';CEAR_GRT007@^&[9!PB8J.-A,(/LC?<(+^\` M082KL7A%H9@)!BN`EY`@?`^0'[XLFZMGI@`ITU/K[S3=38NS;T^`0/K)_P%0 M2P,$%`````@`-C!P1T]!1KGO#```)Z$``!L`'`!C:6LQ-34X,CDT+3(P,34P M.3,P7V1E9BYX;6Q55`D``YBW25:8MTE6=7@+``$$)0X```0Y`0``[5U;<^(X M%G[?JOT/7J:V:N:!`"'I3C*=G3+@9%Q%((U)MGM?4L(6H&ICL99)8'[]2@:, MC6^RXQN]R4-";!_I.Q?=SB>++W^L%[KP"DV"L'%;:YTU:P(T5*PA8W9;>U+J MHM*5Y9I`+&!H0,<&O*T9N/;'O_[^-X'^?/E'O2[<(:AK-T(/JW79F.+?A0%8 MP!OA'AK0!!8V?Q>>@;ZB5[Y^DPV+7E,M]`KIU6VM-\+%V140ZG6.,A6\,E7H M%-BZ_-S^_$EH7K>;Y\W6I=!J?FV?K:>TQAZPZ'UV\9_GO5:+_6J/SYLWS:N; MBRO.NBQ@K8A35W-]U6RVF_1G*_Y%1\:/&_9K`@@4J!D-UEQW68RP`&+5_1(F96V6-/`)6BQU M:H!&%J@F)#&D@T@N>)8I`"US1$0P3HS()9,+(G6:`M)!*`=,,PPFR>WDD5.7QH,Q]*C^%VD'Q.#C2XF!]R/H^&#K"C#T??WP(XL)8?X-)=6X@!U MR>3A?_%1'HO]OB0J4O(8#93.`65/&LG/XEA^EOJRV)'[\EA.@3:RE%S:UL.# M/'Z0!F-%'/1H$QG+@WMIT$V#G:.L'.(5)HY6F&=O*LJC9['_)#W0>'L:2;8U MDO>K4:7D@%IYZBC2UR=:B_2<"G!8`7F.[N\8WC,?WX/'Q#&8Z)!SJLU30MY] M:TJ\$644U<^F1,Y15@X:T(8BC[^GA!PD7%0_EC:>X\O*LY_0TO<36H[X9FIR M8"Z9?'NN'K0`TM_5=1T5D<],-;D)W4)Y]Z=IK1A52%$]*DL7:BL=XFD/FN@5 ML+1I'X$)TI&U$5D6E?Y-JV!F-19EC0$P31M0IAJ'E5KL/#]UE'(7F=L8>@@9 MQ<+JC^&2)83?&YS)BRYJ_#U@$@F!%@&&MF\@")('")BHA@TP@NK*-)$QZP"" M2.K./#\,Q5NL.P?&#!)DW`%DVK1*3F:)K2A*=V"J>_6#'G8C#>$T]M0*(S,N M;>AS6H2IKB:PKJ$%-!CM51-V%;GMZY2"#*M!'VWLGFD$%I`_;J>RNH87`"4$ M[9U/2Z@S]GE%@5GNC[1? M%R2#/KL1&#%M+FRRM2"\+K+1`_:<(F34.-RA[0"=T<*",H=T*"H,W#(873L2 MG?#K(S#IC3FTD`KTWPI"ZR8E/6@OCM`ZGXF`I\)PR?9/4#!%6=7#5'J`7D8" M[0(R%^YT_%844"][Z4'ZB34@9Z)`_Z'386DD]H7AZ%X%!''UG M]Q3Y?B#?R5UQ,!;$;G?X9*\%A,=A7]YF_XOQC!JLTY7/+4.&CJY8NM)HD">X M&*K4@_+Z&*4M(>Q%"@$90Y&Z\;::QWA=P@*3%ASQ0K!'\Z0>Z*UCZ`?9PI"' ML*<>G.?'.$=27QS3H'@41^/OPG@D#A2QFWOO$4NF>D"W?7&QE1'V0H4`C>91 M/8`OC@$?9`6/<$%-,)Y$]<"_]+=#IP2[GSXJHY"0AL%8?0/D-M=25!<T;YP[B`E[N6+G&,&3C)9OJ,MBDD'GUUA'ZB;7 MB3472^O6]=PW3+J'=>'7K6A1F*.86@]JWPCI[<2+QLW#TWKP^T;.X#Z]:#T" MR5L/<-_HN14I&B@/9>O![1M$0SK,0A2)IG(]N'VC9S9=T2[E*S@,SV_[W>1[ M?76L>I34V79V;`;FI>Q\TA20B9U46I'Z#(!E@^6G&U"WR/Z*G;&N-UN[_>N_ M["Z_/)J8KN:MS:,.#$LT-.F_*[1D"VAJ:2C3M;3C4QU,H&YC>=D)\\@VRE-M MGW8?3D.!VO$6KB!_"<=J'B)6-/<*[Q)]G-G4;7;Q1L6&16-+;+9RIYP/9E!!/)W883JYOXWJI8L7RY5% M9UX4EX*GUALPX<..O/0Y\B`7+O:2N0>]C&I2[P2T*IQ,FVIVK'T(")QC79,7 M2Q._;HF44,_MI"*$3F.4YE0OZ5U'$=SV'LC=)26M57]'U[!TUU;8+ ML9G6X50"5$EC1AZAJ)F7/&2 MY4R>BW`B3]CX;5BY&7=^SJ_R7+MZ`5+:!)T!Z^V!'78P\TPFHD5?@E`7,(_@ M;HJ^202'/J$>JF@6Y(G`Z4KOHVE$9I-#^.53Q>:$<1E,7IW"_%G%3IF[>Q(7 M>'7H_#*?^&V+/[F0R$YKC@7[E\:1/2BZ'\7L;0LAL/Q[#MV;VP*9J,+Y\>,7 M(#P*^+=:>`CRG>P'?_;!GWWP9Q_\V0=_5@W&Y8,_^YF\6>4U_<_)GWTD_'_* MA'_F[%I)R99\V+5<,BVED-47)^,6;G7"''-1T8G,O8E)FHFI+??2JAIMG3KS MY=*GHEDO55TM5CJPH-:#2Q.JR$[%T,\ZM&UM:.("FQ;ZR[X>JFA$XBNC&DXO M*K+5/.NE#$?7?(<,]HZTMCU,1-0TV]!`#U$LLK].6-8)>?N=.E:3GPXUPP!& MM/4HJ1/R*+29=QY]?&\/'K^;YE`&);Z:;=^+@V&OL%6`(3GH2)Q3KWS-*ZA_ MB!0KL7]SX!`7QMUY+O9Q+OW=MX]T-H<'NMBPV!?,L,589_,GU&;(F/4@03/# M?C:&2S4?-B8;QU*TKW09 M@6@'TX,3*RZG'_AX2>\X<34DS`>_ZOVDZRS:[LHT(].&45)E$2]IYD>Q>E0S M+\P"Z]!MN"*N`PUJ:+KRUK<765=U!P&C`*.'S7^BN MUG@+G4:B9`1M(NP1F-9F;`*#L&]]Q@;I;-QWHM,F23'',&IM(:J_9;5<$K7&]", M38&$"Y6U-36B[>!$V$,;7+E=H@U[NT6$K@>3^"E8J*S55#(_16`/;4_E^LD[ M6I,1[6JD]9+V33!R[TNDV,ME.;Y*->>,UZ2:.2L%Z,!$D/P;S"#;1[N+.,+V MUE+T,?MA>*1/RHW<"G',($M+8Z3XOC?/BC_TR-Z"]Z'D^75M'H7YS_JMP-84 M)QNWVS$9J/_0<-2G#PRP87JLP9$!R;B:*FQ]>8=6.RSP44'4YJ2:^0`@)GKS]4+EDU<\<@55. MI54R2JNK)#!;FP77VZ MU#6M=#0X)+:=^66X.SD+*(O3*2(GF<0$')Q>:2Q0#'O2G0-C!@DR#DI&422^ MKQ6,HTB$UHXFVAF`_9H``NF5_P%02P,$%`````@`-C!P1U_++RX^.0``85D# M`!L`'`!C:6LQ-34X,CDT+3(P,34P.3,P7VQA8BYX;6Q55`D``YBW25:8MTE6 M=7@+``$$)0X```0Y`0``[7W_<]LXDN_OK^K]#WBYN[>S5?;$3B:[D^SN7:%(+4DIUO[U#P"_B"2^$*`HL.6YJ[I91^QN=`,? M-!K?&G_^C^>5C[8XBKTP^,NKR^\O7B$?5Y>CZ87H]&KU"<.('K M^&&`__(J"%_]Q[__[_^%R/_]^?^3M[<_'A MXL+B[<7Y/]2]C_[7O#U`_W/HQ-C1*HQB#\\Q]Y? M7CTER?K#Z]??OGW[_MO;[\-H^?K-Q<7EZ[]]NIO.G_#*.?<"6IUS_"KGHE)$ M?)?OW[]_S;[FI!SE\V/DYV6\?9VK4T@F7ST%?4F3V/L0,_7NPKF3,#0T%H.D M%/1?YSG9.?WI_/+-^=O+[Y]C]U5>^:P&H]#'#WB!F)D?DMV:("SV5FN?*L5^ M>XKP0JR,'T6O*?_K`"])@[NTH/>TH,L_T(+^)?OYSGG$_BM$*3\_C*1VO:_( MRIA>VU9V@B,O=(=!.ZWKW#VI3_I.E!Q@0)G?N@FS,''\5LJ7.:VK?8_;U?B> MSWY-DQ$`MZOI$N=1U$YXE8VK5URO/OWQCOQ541$_)SAPL9LK244H/#`K@0T, MF>Q">CBOR/6I-P\CH>U,Y,*)'YG<37R^=)SU:SIHOL9^$N>_G--?SB\N,_?] M+]G/O]YAXMN?0M\=K=91N,4K'"3Q)[QZQ$5QS-:_O-+B>%VWA/(.HMP<)YHW MU$E&\7H>DA%MG9S[:>VG[(LH7&DJDE5?J$7^J_]8E)'6.%%#8DR%+,(Q"V:, M&KQLD7[=9CJN?,)#PSHOOKW@@.56=#?4Z;_^O/K?3']@6P2A6L<);L) M43T9!.[P'QMO316]VLU(V8-G+Y94B!:G3=`9F%(&GP8;&!#JZUH'8\YYAA@O M(M,-5'"?([=CV_>_\`P1R0J7$O<-+5T/.6V7TB#&@E`,8L@9!XKF> MOZ&K?5,\WT1>XN%X^#SW-V2B!QX$XZ#7FMHE&0Y/*J-1D!8-.,WWK*&7(W+.?H;V`,Y2*0$3&22%6 M$9KH,,+!J2Q0:.8Z$70JAFT=8$(:PM6&SKZ%!SC1$C<<<'(FZ2.T8#T1F-;U M;8-5(N.DG.B,%'7(P%_A!X1:WBP#W.Z93P6YG,:ML$NEG!1Z;TD='P#>,CL< M[/)&Z4-WSWLBR.44;@-<*@08;J_#U0I'<\_Q)\X:JT$JH;4[K5>H6YW,"PC! M8$VEG6"_(*-%C!@8@.["8)G@:$7QW[#W+B:U>L)#H6SE:(>`#@QX%,IQASD( MZ3FE94L^G6Z8=[0;L%AXOD?/;@V#Q$MV2O\C([:Z!J]4N+)\+J0$@R*E>MRB M=4&,4FI@3N@!^^R8J!,ENUGD!#$]31X&\=6N_$7AFDP$V(2;N6%E".IS@X&E ML\8TE10>"`6E>AMGSN<8M)" MKHYOX2DM.Q>9JC7O4B?K'1K-NM51D9)!=##73QY>#)_QG!TQ&)/(;=XTKU=Q M6)W=-ZM>F>/+R7M'E+Z.W'R?QV%T8;U:^NA@NIP<#+@TE^47OG*6T]`UJ M@8EYTULO<`*Z@JH]&LHXK(^&:M6YT5!,#@9BS3J*1\."!>IHZ,1/:E"5"*QB MB%.L`IGB*QR$U%7B`$$(@+7^X)L3N0WS^!J-U25KD7J5E>HR`1@DB+3BUJ4I M30_7`)/=*(XW-$=&:8U2=C+5D+>'2X!ZY@CN`*H9>X=2&VU%-P"3'Z=='E.`F4*'Z8"6/].3792U)`7"LB$IT2-&$\";DTG M1%68Z_)DJ`[RG/G3P-UZ<2B>EJE);>-*IFP=1G4Z4*B1*,>!A-"AC!!8Q$VS ML+&]F.D%0(PL!!I58=#1@/,C3S0+5W5J:#]=ZN'?NIJ5<[TY!_!M']= M(^Y$#OT.RP\XS\U^H$ICU0^(U*OX@3(!&!R(M.+\0$H#8M8LOU)DS`UF>B.^ M3F3(VCNBVNEK-,D!>(4HS2CAQ-BE.2,LW<\ME+7)##L](KN0?CSMNTG)V5F,/CC#-+&7\%Y&OBK MJVN$/WJ6SB+^FAV[CB,TDV+[4D(+$^L7%@Q$0,)H"[V%XS:ZDHS;Q;`-,+6! M1LS2F%3&4`:P*%2=7,9(0.^H/D3KUK$HP%6B6\>+V.-35[L[SWGT?#*47/M. MK,J`V\!C$[5:ZI=1JF0`@TH=+;F+A3DA8I2@9N^%/:-@O4GB.[S%_ENEIU1R M]((PN>I"?/'D\-`EU9&[_DPXTC?JSE#*=(88&WH+UY\5?_[DX8A4]=..J:SG MV)3,/7DX#8,DKD[!"0^5.NJJ`%HP@7>!E\8N\!**"[PT],2:6^`(6VZ>8SQ/S8X2(9;\A_UU%=,:W6* MJU*W,I45$8)!E$H[;FI:T")&#!M`#9?>I-0]@DAU$4Y""A5(#9?C."C9O2=' M'SJYR5]&V3]@U/A27A.?Y=5C/3-JZ\5JIM[Q9*HIAZS2\U*Q!2C=A'.668"^ M'8SS_?AEN7[O8HR/C#_0/BLT?2@,B^:DPC/K5FOG\9QOXDBE% M`53_UCM")`I)(4!I^FCE`2G=98^'^LY28$/MNZUV%JJ5-W3E(XB6%FG$W>;/ M:1`EZK-'I_G:AX%[XR2JKEVCL]W'A6K6.WN%"`065)I)NW^60I]0(TK>)SIN MO7CN^+]@)[HEO]0G/TI*VPB1J%K'2(T,%$K$NDEQDI(C2H\80_](R5^0T,%* MA;8?M`C4%>.E1`@0,;QV39@I7NGH"36SR'&]8#G=K1Y#D7VU[[;0(50K1T3E M(P@4B#2JMWQ&@U*B/MHZG!SJN-U%4B8CD,Q0YJ2V,-"F;PT1&!P(I#,)07O MK>?CZ)JHL`PCN3.I4=EU)4(5JXZD0@("''*])$Z$D:*0_>,\ MA=!XGP9X$L:>8B?'C+67M$X:Q@BS/"GX>L=D"V7Y;<*,%87E%,XY]Y%V;P[( MXQO'.(D;8%@GLIK)5ZA@)95OA0(,B(1J<7S4"('!1*R=+-1.>6"@AN8F'P0N_1]ZQW/K^$3#>)!<.U&T(V,P.R,HL5V3 MUW;R>&USZGGE&QG!H,Y$6V$V>GHX84[_P'MV&(`8:/;HXWN< M9#U'U@>5+%:=FH;R%=^FH`<#-@TEN7$Q8T%1P0,#79,(KQW/'3[3"Y18#2L) MK4T\*=4M`TE("`9!*NWJT,EH$4Z)H7BE\C"O$PKT&$PU!E%6<9&$B>/?Z490 MLLTO*@3-L_C)`10_3:)PC:-D-R'ZLN."9#Q=TPDD\9'2WJ!BL>M>FI6O>ADY M/2!GTZ@D=QMF$P5>LHDPBXM"]EX3BXS6Z>.I`4Y@H(UNY2P\HBN^\[:89@]P M\*L4>TRR*3$8!#6I*%HZSXE8/A:.PF<<'NJKAR..\C_)''/1`#'IFO&,\&=PC2 MNF*>\\/#,1E-V6;-4^B[.(K3I&`-2XWZ[%9?AS0KB*H2<\:BR) MRZDA8LYL<;S$"`-3^5K6Q-G1=2R]I<@Z<1^+D&*%1QT&6TS,HTUJ'9N+2C.#6+U74.#>4K*QT*>C"@TE"2 M2RQ0L!33!2#+'-J@ZAM*>@#J&3:-NY/:B*F>R?*A+=N7[-AOL>OO!HEX>@*3 M7'T)KG@&,)Y)1TMN_S$,EFB&HQ6\O2')XDSC21H-/@"+9^H3-HU,8$"GJZG) M*II/0'D.9Q&MU#.:>UYOGJS!;X$=")5G=4K'(V!@@2[2>-@YT4K/#`@9GP*#,JY+[.37B=P MMLOX-%>9X7?H!B^\N0?D=/N$R,)D0$Z/J*ENG@HI+5_,DJE:NY95)P.#'+EN M@BM9*66Z\7-&#T&@+65`_WKQ_<4E6N,(Q31]QQEZ=W9Q<4'_/_V!>+!-\A1& MWC^Q^R=4_.C%,5V&9[NC8YD&#/(DBJDV&^N8 MJX+N;0HY&>S>O#G[PYL?S][]\4>&N#>79^\N_G!V^?[=*,2D8J*KUXX^,Y=2(WF$]]P(T3QE@8.D!)XX7 M8'?H1`$!>#R8SS>K#=M>S0(!237H,-I$F+XA9;`UDZ*.;B6G7#,_4'2)D!#-Z.T6/I%58- M01OH5V,,E-1"&;A8;13,PQ4N7A%I.!4GI;9[E4ZIEF-WFCC*8 MP(#%QRB,XTD4+J0'>BH4-B$A4*T,B-)G,(Z"UZF.`D:!UHP$!@+&:QPY]-9` M]N9"TQ-A"GJKB76:U*ZDUI$1@T%.DX9<'EAVL(\X((KY@\`=N"LO8"]. MTZOBF5FR?M/$9=7OZ)E0\45J%C`HT].3\UDI%SOT[%3X8&#N!J\C//?854WI M(8\RB=W3,[QRU8,R^^]@<")0BL\"L2?)?1`,.'"N5-?E]CR`:0UP$-KZH0-GLRH,#A%.13.L197MT,/F$`!38T M'V*JO\S*,H7UK)-5U;A,D^EG,$,.KY/X=1./DXTT]M^*H^DB^IY@[U4B@+>V)U9.FVP,5"7\.(NSX=*N>8IEV@7&P MS]XF"W(:N6P"2-.$,J`:6,#X)3T]ZTC;YPTAM`U&JO9 MD47J5?(?EPE@!K0(#2(H@$&&/+[J/E1MBLG]N:#P+WQ_$TB/9_3R&43 M,)HFE"'4P`+&^>CI*9R,T4.&\^R(!65%Y^B1A-<#<$V@BS' MEBT-K06@AE+`@+BUZGPJ58+F!4-S>=F7N%2G$*$"-YP)Q!M(C2/0"_;\8>#^ M]R9.K>-55C4)5_?E@.DE1S2.3_]5%(62 M$$5Y8>SY%]H'Z:_T[SGUAIN8/40D=(4?8/36?!*)W>MP19=`5:0Z62817WF8EZ[C- M?%:=L:X9%<_:Q`0&<+J:HVYM[7RW?O?GSS_@?F$B[>O[U@#F'_.]N]'0=3G"1^-D>NO?5= M,]>,U89;:&,,19H)7^_.H86RLOWVN."DBQL.R,?:2408T:<^;G#ZOZ48,,O[ MVGR?3UN`Y2M^AH;5;OUI;7ZG2(^U=S!*C&D$8XWO),`HUED`1O:V,JQCX+Q!9#Y#D[,WG:]K8NL7 M@6(CU.BK\D";R6CJ*\CB18G`HXZ=D)[`F]>IG) M@*_W`%2VP*3-=!*AI\8*TP#D6I+^R8F#CUY`/1-SV%D8<">US?06'<-HW/8% M#=U1L"4.OH/C74I!`*"L8:@&I!52P`SXK567'N]*3W=YN0!PV"9#27849##_ MQ\:+,+&==,1D-R'V)"0$IX_5K%?RE]M-!%A-[VUL6"73MS8WM&4#8\VY!02B MU!,)-]@UT,4F"KQD$^'T+Q-#*)/U@S8!H5N3?%\O0)6 M9H82IW4F\/"4*,P'M80Z9H])4ERN23DTQ/V_SFK])T0\L8M73O05B%/5'T8. M'H>@!@B'!08G$>O*]6Z,=>'&`Q);;[W`">8=Q+I*00"@K&&H!J054J#'NLVJ M-\2ZA0`T`(;M![S.1I_T0!\)AK+##W=T?67\Z'O+-/6.I,I,!-A]_=?4L.HK MP+K[;=F9&51^YT^.%MEUFJ#=_5VU+'6UV'1?@TP;Z\?K! M`3_4F=AA,["36%20ZRU=5%AG(M#C#BV*R1>TA05J+(O/XR>Z`KUU?-H])V1D M"-WZZ"(+E(Q$6(U=6QA7B5P-^&'!N(7F0B"SZP5T:8Q!FFXVL#_P7F9/E^;$ M!@Y(YXVB'>EH["%+_3:M,5K.GK!F[3)-R*AFWJ@RU87K0:(6I-F"\-(+:$HN MMHC/M'F9[?JVAW8=!NKG>XP4-VE5S/8&-=K3XDW]S7J=7J]S_#S=T"A8A-&* M+>HTI8+2Y;9ZE]_,I,KE?CU6,---,WVYZ_\E;G;GV@]CNH7-%OF*M#O>7AZ8 M&VOYX5)/EIZO2M)'CN.R5/XS(9Q\G"QMF=I751"/1H\1"88Z'=D"#>Y"X-S-NB6CCR0 M:%&T3G'P**R19^,Z)&I$,U M3*BZ425+[T`TTY,/&$I'"X!$!'0K9!3'&]H9Z`YT8<,-BVFR86`\=3`JEA,E$8^0QHC2-[=K9 M(^,(YP6,_5F:A4X[8Z`63&F0TH$).7N'6RMU&X&8IA#L/'>@!OP&KLNN MXC@^728;!5F`2V9:2>0];NBGJQW3]RGT71S)J\-VZZDQ6X$])B=*LJ332,:SAGADNR3Y#%>EL@;8LGW:IH@2T+P+<.SP'5=A^ M27N&GY,KHN;78[2+L)B3Z7R*2NJL'PK*>!E=4FX8ER1Z>#]\&-RA\'.:V(*SNLF+ M'R;2)D2[,+X,XD/D@8%Y!T;4.\+58#HBGO4631Z&T^'];.]VIY\_?1H\_$*_ M34WH^O!_0P-KJ_'G^]GH_N/:#*^&UV/A@=[8YVW(D*:M9W")I*=8VRD MMOTBA$+E^B,0`M+>0:>G'S>*CRDRKL?WU\.'^PY=JB%&F@-;$\8>D=,0?.IS M0<6308!8AA:,(5J:9ZHA$-3@LWQU4L^,VIU)-5/OB#/5E$\KGO*=(<;)U@@* M7G#AHM1*_4F^F0@0"-6MOL^\'?UM>(,&T^EP!F32G+\JIW765D9L M^[2,WKE8,248."G5$QY6V5.#\W958YH6#Q*6#K(V[6D00(R-2,!@W8P>-5/VI\&-X-9F3R.AD\S'Y! MLX?!_71P#6CWE]V':?*0=2*K@ZQ0P;'R9:FX2&U5 M/A$Q7MSA.,98WZ\=*+.O:W"MS9==DC,6"`;175C!S:H'D]%L<(?NAH/IX7NP M7:W*Y$DO1P'IEIOT5%[@_H3=9;O;]@=)M+NZ<[#IU16@UN+`H/YP&Q1)54LB MV>0\$UI*P`Y[^=*X:IK7.`\1";RK-*R6MI=WRIVE:82X&3Z,O@QFHR]#=#<: M7(WN1K,.3NMTE=I]M?*2W$AZK8(8B8.Y4286,QEV$[NW,*^:U]U``!@0M]&: M3UU1R&".O2(%LD\OG33[!08B;QTO8HF*]^HWK3NK66SB3D?Y M,M14]�I:$D=Q*/L"#&4XIAX:U?BRQK\G@-/'VC3>G9E`R@\=9X]',P>D!? M!G>?A^C3<##]_#!D\1X,F$TWCS'^QX9&L5N-^_YR$Z.4GIPGJMN4&.<)J?O$U3J.$Q&#!9635YJ^OEJ2F(MXIG0\`L<_Y3= MM*S=I]RE_]6\9=O(W,-]6DV#!#=G&SC!`-!(7>XV+&6FJ3_*5VQA(/)SC,>+ M89QX*R>1/G=6)[*),+&"9215*<`@1JA6'1F?8Y8ZL2"#`8I)Y(51^O#4`Y[[ M3ARS94-V,=S][TW,%@-O<#R/O+4B?ZVY&+MWO]H96;W_928###A;*LZ?`ZWR M`L&OY"4UK5%6DQ?`DWC-8ZP6(QA,FF@K?5*+_5%BAP'(CV'H?O-\GY@W(L-_ ML/0>?3R(8TRS0%?_G=HKJ:(6 ML)YCU6<'<0-&-@SC-J+K.4OR1?D(&?^)S:4"@GGFTDF1UPZ.]J96M$',Q8.#;7G?A M^PCG3!0JRX*!ZF+;^A-VZ)[U/H+5#YTH(*%M/,$1ZTMZP&SDL@E'31/*(&Q@`0,]/3VY]U=Q@N[".*;O$U.O M2!^[8NPP('>/OY5V)Z,P('_.TSYAXAS-Q5A]&:NED977LPQE@(%M2\4%FS;T MO$TY5WE%%@PXUT]\F&!8D[?/\SC::-5B!`-1$VT;SX+!`*)TT;3U@C>TI>YV MB]SPP*>M*H>\^1-V-SY.7^>!MLB=:S=>T*E8&.1Y';8X MT4>\&CWD83*M>LXNS*]XU$,$@@%[%U:H^D'^GAP3A/8/=$/K$[>;A$S]/GF! MM]JLF+*3]&V[^#:,*@E2##M&>\']](Y#*T+<1=I*!=A/#C1%.6@PT2B3C7*Y MT/K*?I.MM,8BJNGW[1SFAQ;S"3!;`/M#)`A7S!ONTN3Y8#Y,70 MO?7B!7)VIS-=)8]SS0U[0GO!_?2)0RM"W#O:2@783PXTA9_:KE9.M*,=ALE` MJ1"P':7P!^D\B,RE2NXB6VUWQ\$#IHFKO6#)+CB8QE==E-%3J-5=]4BBKL,+ M`-BINK-*-2*EPMEAX)+X?(_(I<];.Z@H`[%"8/2_HGXTJN5S$#[&.-K2VAD% MZTU"SQX$<\+%/)7V%FBG1?6R6WJ$RA)NK'98#IB^>43C!+L.)6JVPO!$OI.> MZ05HOY<+HR?N?99\39'60Z/+:V+O9_S2,TH\-*EYP2#;4&'#-]H8*Y`+ZE+[ M[KP`CQ*\DMWJU&$$L3_!&:*U/U%P@<&DMJJ&:*3LB/%#A^3G&"\V_IVWD'E. M+4X0H.1-T4+EG@T^+#E=N6Q6V;5E%VT8*?()+0P(#H+$FIC2.8;%- MFML0N[>DC>G$?I->Q1\OZB>"!BMZ-D)281W)M@GC3JNC#/1.!(/I"EU:PSGQ M,*'';QW?WZ&\#!07A:BZS5%/]"<.&3[[M?6F<\/S[XC9\^"W`U;/DB>,'+Q%OMA.AC'B;,\V`5J MO$K^K67MBO$K4NS-HTJR.CHP(S5,J&..?=%#_ M&(6Q\8P@8P(1>%4,T(JY&$?OL#)24WSUUF%+FV=H22EAX*SB1=<1GJ?K.^1O M'V?W3LBH&"7>/]GO4N-E`W)GXJU&6QU72B7@ZDBVG?[P/NT/`5Y2A57#<\=V M\>]ZQ?&'Z@!>*L7"@)T^SH3=;._#==DU0<>7V"T?DXP%61[R6QI:BPD,I4!! M\\$62'!;<%=@2U?1%UDQV>#0TS1"VAWOL="+J>CA31VTM%4/V0%.8`S8V5UE M.IA[N'DN5UMPXYPG!A,$-FDHNV%.*P5%V>N[:_H**@Q458Y/ M5@Y:YF&ZCW_"0&94[J. M78*5/YP0/$?![%OX"^EGLCC`6`HXD/(F&N-T+^*TH,KI+4#K'T\+K:1,W`5> M2W(@(I8SLPUF"R$GA]JZY@+<_GA2N+TEU=@!;$MB`**6,[(%:`L9IX;9NN(" MR+X_+ M/'=\&K>UKEJ)-%@=1&FR6:\0BCJ]84-EAGC$F*=KU6CE)-EY8]HCLA.+9KW! M$A;V&8?B>\*IM\$@9()WGD!?9:XUPV!Y3@;Z5;NVZ^$N+*\>E9E>D3 MQLE=F#X9=K7;$UR'`=L.G!'MKG8_87=)(IL;''O+(+UCJKAS>[G7?+2* M$]YN[KPT,`'&T4V4)Z:.2^EQXC.4%8I8J2@O]@P][LII=/*B$2T;UE73DC6E MF^/J6Z8-/#T]NB-77_+N#L\`!N`Z6O(W6DJX+&52U[U+:J652DD)%`<,5/26 MA_XU>U!SFCA1HAK^M33FWQ!.G8>3$&8>+U;3"-1V6#>3I1=7]+>V"IZS>4`\CRME>>? M;/+HW4@V6R_.-KO[4=$ODLMMUN2C%\<;UAT(U=:)/#I(HD5:`IKO%4%!F"BO MXQT1(I^#"#N^]T_L?B2S-?IRP#@H^5T1&AI8?GW;QUQU1MI/.9W1U9I[M)4E M@*'Y7Q9T!"H6:D3-_A(&(TNM5QF,AH%RK4%+7\505#F-2<>B=S#&HG*JL,&.+H<+<@7E"BA:$MM@8 M09&C'@KZ1>?P>8WGJ;==&51)E:UO-(J,:$)AF0+R MZ:AJZ`)E`J#`3FR8+@"KW"C!C%+/7LMN"!C]0;;^NY.'!;XK3* M#@6E(J-T,5KF/0F$"A26XM/-:`&-U.GS<)$WE\&O3&#]N=.*8MPKINPK&)!P M*G&SP?1%O=1)K2DA$`@4F23'9$KET,,V;.,NN]BMEP=4Q=I/#M!F8\3Y/^5\ M<*"FKZPJD73!G+Z!DS\*!6M+1FCA7<.>3!.3343J&5#&HIH##`JUU*SC3XJY M.V@Y/JOFQ0\X2.A`'L2XE/)!624<3W^PDZ@O1UV-`2CHQ%KRN06"!.&4"@:V MIH[O1!Z.?W:6F#X3,%XL2#@0Q>6W.&2^7XO5ZI!K8$QER-7@`X,[`V4%<5]! M`@R&PD=@!E%$MRWHCM?5;D^2G0M^_#2/Z414? M'Z$PZY.2HU48-\'IO"0XW>F8YO$Q!Z!S@QU:?K^A&U/'K^&\G!/M:=5J.E(G M2PN!>!CG6$9*>ADJT9]!/?"KJX$@5+2SIE#J;HJJZ[&R"8J#=,3J> MB;(^MT@YU+T.,'9ZBICZ.,#<<&;L>$9JQ$R0#YT=6C'#9QS-O9CN+AQU[B(H MYY2\N+2:NNR)7"$OKQ_*3)3UPB\XIKOT[/&Q/>M+[I`EO_,S]I9/Q/S!%D?. M$F<5D&YHTR66A:W%/6U%3JE+MZ_H(XV^FEJ\F#E4:].YQW`R[O.,/7<5&$T` M'>FP4UO]MM6+]``]=OL7OGBI8?J+7M*,C5:9CM'MN]0`5-?OOFJ-NG]WQ4/+ M(V+?])>QHMI4+;GEO79W0R5.JL>WJN!..[V1!J<3YA_#;%F?QQGM2^GU@C7M M/OJ]L1HGU?-;5G*G?=]0AY?3^]L9_AO8T8$ZY7S9NS]:IO_/GE"^TM[#4I-V MZ:#&H&ZK]$B[2B]CQ.G4WO_9>,KK;?]:[(T7S_TPID-VPY.)1R[SE'JX5O5U MV:^5!;Z8WJQC9>-^4)J[F([:>:++C>.C+A)G:#S"S`^:]-[Q09C?SZZ1!6>0+IYKUL;Q6L90C1-S`*TJ MN>.N;Z0#E#VBGNT_G8TBJT[QC2HTLZV)]9"^GZKF`GV[:O0>!?1O^TM8PSN@ MXN2K(+JSAEXU.24W<4!5=^DF6J@!)6[HOPI>V#+@`75X3Q.94Z-K-<@"LALG MP?O,>QIK@Y85.26WT;ZBN_0:YEJ\F-BBM>F-ZXU,`J(B2N^<_-;<0^^M]E+= M0;]N`.R1=)O6O^A3Z8>GU(]B_F]B`?)+ MK\._=NFG-/8;5FF7`[]FT2#[MS6S3^DT>A=A4/7H+H!8OX5"I]3_#Z_XH\P% MC+5Y:5[BX)H`?8S]MS!9A7J8W:[UO>V%Z9Z(.2!23T?R0>"6UN<;!Z@>RN_C M#(RU:A4=?CEZX5!&F[X,?SE[5N7'G'`2$_M++X-^P@X]].N.@P<\WT01<5:$ M@'C!*/\GJ4U/^29.A_+[>M"KDVJ1O?AUD'`P^T%=6U3O7Z4GZS-IM/O&9ZB0 MR/I<62:L=WNZJ*"[AF=^.B[CU+H;5SU==[D[<&\.'<,J>=<[RU\GHEVM5%#> M)5T4!JH.R8H#^+11R92B0OKJH@\J"P(SJ!W3NGK'RZ_Y`GD1JF/3TU,$HV`>T1<2;W#Z MOW:J75;V"7=(=74>L8.*"WZI'59I+?>BXA-=XD1>H!G``D0;D!`,X);5<0VM M0VF8;DB]Y`CLH^,%=V$<7"0%_Y2 M!XA&B^6#Q"8@@XGO_1.[R"<2R$^I"/H-9T(L#Q^E;;Q]TIF)XQ&SKIVUES@^ MNSOF/6[HIVPC[RGTW>IC,`>(^=4-Y]9P0LK:T/9G#2S?T6QI0[WE9T\8.:MP M$R0H7""G$(K61.HY:?1Y*A?-<\$$"X\[Y*!X+_O[_A!!MW.)3A%=WIZ&B^0; M4>H3KC\$I,4`L94;M14]H,T8$.%`.0OZ>\JD7%,_;D/=9`;3/?0@H=/.8!%& MJW0?7G"/SI`58N,9Z%UOQIR5M6+*C/Z>\_Q7C_UMZ,R?!N[6B\-(VD.ENV9L%Y6JU95]NH-0DSY-8< M!RV[9L%X4FU9U]JD*0DO2ID!MN/L*<(M6[+$>E)MR>MMTIJ,&W+/G'T+6[9G MSGA:K5G3VJ@MOX6]]\Q;+Z!ZN=G!PF+1:#`G];+QZ7OS-W@=X;E7J:%:HQI* M@=C"[4QH6(/;\R*WQ(RJ,Q4I31HOTQWM+**(RFV:LVP\_)E1_.OVJTDH`+>H/) M5>;/#B0>:2EWWVC96#8/5VLGV/TN1O.L85?AEK9S]K1XC[UM2O=:W<9AK$X& ML=$D.M9;*26#,I+]]M+%0T1.#Q4@&JV_Y;DHW5`3;LEP+N@R;V;RM.)3)4!MF5\6W^ZOB>%\J/.S2:J*K$_,G MW+A6;B+BA'"DTI\;7ZD(Q&2@LA#$I*!,#)2%=*9MS*X'N+.0](S;,'K`;&5B MXD3);N!NZ7J#;)-2EQUL6^OK+FSG&'F,GW7L)*03RO3/)SIXI0L\:RH,.9FT MOOMW87`ZH=9;-]#@A-_"*K75C4L:-EU`X%8.^FO,G\/H*PVNTJ-[DG:K$D%L M(J&&W(&W3131I9MTS1/Y."8SR>PW?W]_UW;7RD_VIBO#F9+EEA`26+YCH#J2 M+-:+NQ[&J,Y01M=K)JXKX2*23C_FIY2C]-M55$-\U2`*EJA'!>:E$A_A[)MY$&2'MQGNQDD M7"$!+`BHTR/M6JW3Q`.HK;155?24-$$<(^^ID:[#.!DO'O`6!^(+EA4"0-4O MUHN_(Q&SK;Z,KJ=*'J]Q1`+@8#E\INL`8M?/$0&J;+EN?`+$C!+EI'W7^2B8 MARM,[\@I:WU/!K'>!=K):SXE1M]1\M_W5/VC(,&D-I(,!:*JKY$`JG:99O4J MS^ERK/=6U]7T`*,@7]UXP'/L;67I)W7X0+6*@;I\4Z5,Z+N<_??TGFLN`>U% M0&K$:(/=AAF##A_T1I2IJ]^(5`+J?PK"6S>),+U>JW2#:A[0C2=15;/A,FZP M[E.P&J[-!+K99+J:>LU)+\O?N5WW.+EVXJ=)%&X]%[M7N\\Q38!0!$*#>>)M MI8Y3GQM04[90NMZF1`2B,E`NA-[Q_X[*(4W[>[0/(_>R>FK?;(,^GH6#.9DC M1YAH3+1+=A-B$+MJG5_Y%+6O/C>@]FVA=+U]5\`-J"%;*&WH M=0M1_7O=!Q*3I>@;+V[P(W4ZV;;L'0T`QH^^MTPSBXG:5Y\;4/NV4+K>OGL1 M=+F1"F$^-A.#F!Q4$M27SXW".<9N?$M^+5M=/O!"E1>Z7DU>0`UKK#+GB#,! MB%8C^J[2RK]'F1C$Y+!&A^63TSMK;7VR@!M0T[90VM`G%Z+Z]\E42^:4XB<: MM6T=GV)0/P>K"3^@-FZE-K<%1%LX]<7DCY(<$@PS24@PR^WK=(OX,BGYV\?L M!&K@#E9AE'C_9+\;S8>ZD@T('YV;Q)W1*5W0+9=`'Y;/RF#0*I=R!FNVU?M= M[K>]PZ4#Y?EKP$9R>ALV]D%L?+NA:;`^>8&WVJSR"6:^@[5/'YI_$0\C[>4! MP0$FO<;DX&B]NO7CN^+]@ M)VJ'$:&HDX*'VH+6R"C$TBED*AA1R7T^4'S`9:K2R[;WF_IEH:,5`F"\.;YM MPGL*YX^"RT;[PNCDIDR7%9C>1SI#69EGY0>)SU!:[HD",'LJG"9_)`Z[)C6'1.&I7+9`,E*/E$@EFZ3'L\3NF?]_>N^E"\-O2HD_/?H"- MI?A+T]!+J8>WJP8T3]^3]=:"<\[7%[JADG+HA/O"?1BDB8)JC:!."F6_=`"^ MOD>CCPGX0AT!W)E*B.J$J%+H2X]/?QXZ?5)&E@9PMZ<"-&_?@^7'!+Y&:`\. M_P>XG2_]N7G-HJ'AW:+%Q\3YEY/Q[ET,JM7MA;[C&F-M7E`?Z*`2K,0]^4^H M4!!H7_F-Y8'M/^+OSV8A\(]>?$^^_RA/T(O<^G'>NN\?IW;LX\XJ%G[P#)4* M1-](B:A<)$K+1+5"Z<&DK%C$RCTK;MKOI/ZU_-,=^8O\G/]$_D,]/OGE_P-0 M2P,$%`````@`-C!P1UB$B0/P(@``QS4"`!L`'`!C:6LQ-34X,CDT+3(P,34P M.3,P7W!R92YX;6Q55`D``YBW25:8MTE6=7@+``$$)0X```0Y`0``[%WK<]LX MDO]^5?L_\+)U5;,?'+^2F20[Y``+`3(OQWX]'Q(_K)K[_904@_OW^94:_L>N$]/?L MP_^ZZEY>LK^N)U<77RX^??GP2?"[0B>,R/:[+EX^75Q<7]`_"?G//@R^?6%_ M31T"#*K&@'QY(?"7=T]AN/QR?O[]^_?WWZ_?(SP_O[JXN#S_[;XW=I_`PCF# M`5.G"]YMJ%@O>727GS]_/H]_NVF::?DRQ?[F.Z[/-^QL>Z:_A9SV*4X(_$)B M]GK(=<+8&DJ_QBALP?YWMFEVQCXZN[PZN[Y\_T*\=QOEQQK$R`_NM2_2=V@?/YQY#H"7E.VXCR<,9K^\2_V6 M`<^L@GW=7XNHPM626C.!BZ5/%7#>!%=3(LW2CJ05?I85&%JVR!%!2)JC%$TK M'+FS"BSMB%K@:8Z]JC:L":T=`@B3@6;.J1L0V>NO,+S@: MW-OC\6#TM0[;W%Y:L$^\#*4--$73!O[FT)Z8O9YECBUY&\VE;H'+KC6R'\V) M_6CU;//&[MD3NP*WW%Y:\:W[>WMR;_4G8[/?I2XRL?MW5K]3A7>!OEJP5R!M MK:#-T=2T1X]F[\&ZI_;V,+)B;6N!Z_'`SMGY]H-]B/59BN*B#-F?W M&M-[X_-[_IPX<:8^$%QJB_30]MA:D5].'\<:9RMR+M!7"Q)01[$G7RNRG$=\ MK'&LJCV7]]7F..%5'R>\%OF;N_*,I6C:';FZ('2@7VOH.NBBG96JO`K31&V/ MIU6UR.OD6",JBP%ZD0_0K`LP?'98++0'G2GT8;@R66B4_EM5P,:^\5C:Z#L8 MQPPU*G%1K\==YU>V4N$N6YM#=R8S#I'[;;!D`>&ZQBG?];'FWQU/)B$@)$[@ M;1P$`G(/'$;JH<`9`3?"&`;S&X=`4GDP;X^'XVNL\^0$/29^E91"6G9=_WWRM&7C)EZ:^TYR2 MD*7C-IWZSA3X\5?]ONM!K(/S*NRO51RGC@APW\_1\[D'X#F5Y0/[@0GUX>SB MC,?8+^UG1F&"VJ*7"M+%0@1EJ7E($C*MRD3'B,D5O?F>=K_*")H,HO]=-Y MKJPJE+[A?TA7;(B*X+&$-M_<#YH*@G"E'PA%)FF@EC\I"L6!;*K`*-#]\E[TQ9W'57<6A"23_I!4J8!=2YR"WV`.Y25 M.<)$<:(#,_O'^B."SXY/625FV'$P7M$Q-@[O%Z,C2*XL!"8$!*HBDDX@ MFJZ+(LKD"+B`,CSU01^$:VDYGL6E4A8DJP"9B/QZ(#7$8.E`SWI9@H"`4H@* MFBN+E%7`ABNQ'J#LB2,X$RF,EE5QD#P)4\JGO,\`_:772Z0NY#!F+T2AX\K\/)?B42F+OU7RK'+Y]7`P%H*:P0"&H`>? M@<>BM6#AX&]Y.8(U#8=$65RN`D:EDNL!T"!\`CB1JX\"MVPD+&BN+#I7`1BN MQ'J`DG!7-A\I#,3);X5>R]23.@]&!]XX.O6$?*IFP@;A<%6^K17O05T(KWX< M0E9/>CA>BFOA,`6/1A3!UH(5TC`4HJAU+&.S#1PZ*[8'%-X`'[87Q:NU<(6` MPO,WP/F2ZX%.-P(3-`(^'4R\H8-3PA4CQ*,11:FU"(4T2N4:T`,I:DTX`EY6 M/JXK%9&(XM1:M***-_'EUP.FCK.$;#4$'`(&4Q_.8Y668U5&)PI8:Y$-:<#$ M-*$':O'&0\:U"@E$<6HM6"&-4XGL>@#41R'83*0'@[7O$`)G$'BEH$EU(@ID M:Q$-:2`KZ$@/<#LH>`:4498B2,E0/F:6T(E"V%KL0W[,%-*$'JC%C]4!$HJB M5=1>%*760B72*/$EUP.=[%U6H:4]ETHX8:P-4B):T`,O&93J8'.,<(88-D*( MG'H@@!7TH^(?\2 MA^08`9":X=_7,FRR4\4P7,0'NP*/+H5#&,Q!X')!Y1*)@GR,S7@5D`4THH?_ M54FV-9!>NSK&SJT*<*>25!MNQHF8X9)CI;F-19%J;?EW$R;D4$8@BT]H&31J9$MGU`&C$ M'KD)@&%OI#Q7_S@"%CER8_6 MUJX-@R?VWH?:V)G\/"A$K/J&:0TD)92C'9KBTQ^72/55TF;0TWOBRS!:-NL5 M$JB^5-HD6CK.=Y+/6Q6)5F6F:RUSUR1F)_"L5;KXYUZ,Y<-!C&7[,S'0S!@L M6?%A=J1#873%#JA$8,M8>4"ED$!E^-KQ`1F!9Q!$@/O&0::AXOA(B?8/8];Y M8NHRCA'J[FON>`/77C/5X0PY`')EE(\5?TY&D`#,V=I/?<;@#B-"AAC->(FZ MO4:JPQ=RL.7(IX?/K&>`8+Y^!$C@*3X.B>K@A!PHI;+K`=$=""B?OAEXIK>` M0?R&,SO+ON::XR]EA*K#$>4`(#F!=(*M"Z@ZZ;(S+EO#2:"D6ZF.*L@"DB>C M'MK/2"(QGJF/#\CB4"CMJ9\DV`J6C.P].HL*`)ENK#IX4'%*RLI[\E"R"\:) M6!P(TXU4QQ`DH.?`@#!+`F006"_,NB)(GI+@",MQ+ZD(/Z#973$N7>IF&RE^FDL.E0-#3W]@^!!@X/HO.,]-CEC<(=M=1.9-9 M*:'REZOD$!94A!Y^UP>AR(+CH)GRMZGD$,D5\M17&9OCSIM,)BO_ZM(-8Q?Z M4]AR6%<3VWZY;#<67X2ZR,WB<6J`1BW/OJN29D6QD_,CM31X!PJM1,@8VB( MT3.D<-ZL'@CP[&"[/5V7(H(J?>ES:+@0S>QL6E%C>@S![2YYV@*JAM;E M%D-*+Q_^?T22Z]_LB4H7!2Z,JVCL&)Z@QKRUG6]3G:UKS$[:!$,/<]NL%H'7 M00NV&R_)8!2U5YT+;!4I)*0"G6!M,1W57BV;XT&H;R;+3&X=Q9PE,3FIZHSC$2$65J0>N"N/'+972.=XF,M''8\>9T[M@)DE7'R^OHCM M8/=YG,$9!&,0TDUQLBLY>%0^QQAVY`+4JI.DQ[`(*87H-!!0'6#V`%L7)/^F MI%Z_Q2%T9%:X#]5IUR,.#_*JU=4DLF4698PACUJ#Q*XL-F7@%BNI`I M(D!]XB-7VH-2"9(FD:'6(:G<@DT4:.DUVL1^Q4\9>SBDU"']W+0MY&OG]`\A MY*@J+K&WO^IAQVIK#1D2G>J0*F_:>J1UJNM:XN!A>^YU)C%J'7+G3<-=K"5= M<2W?-):NG&1WC*UFRMM:'A;O`D]T'2">_6@BBZM!E:HFTX*2FCOU`U0%$MO! M,QWKFLG\<_M27CFKN=R_@,[TF"KH@+<.MYCN'Q'$H+!\>3'6,GTH+ZI5`S!4 M6>K7LIO(R$Q70DXP9]6JRLIB"Y`JK];5GFT4Z>GT34)<9TU,%AH4"VO,2.0U M]TH7&.M76AI98'#[4EZ^K+D%AH#.]%A@C,!R/1@FB7=6QB2_M%`QUC)]*"^# M5@.PPV?<935W^K-)\L;)&.!GZ`+2HW_%5Z`#[]Z!00B8"H$YQR`Y`EYL,;+] M*"^MUIC55-.@'F-%-BZ36[Y1)GI5T('R>FR-X2VI,SV`IF*[`'CDEJHE/3Q7M07N>M,:AEM?9JHY.7LK;BKSF3GUSP<2-ETCD MB45>GAV?><>0#H;(.QPD.0L'J5Z4EQ>LL*&HHJ?7:1LF=1&,5]0;RJJLB9&+ M6L,Q7JNM9PT%FJEL!LO8NBA[./QS&,/O5QJ4L&S+')APC1B$%6BPY1Q'RV5R M&-CQ-VJR@QG""T>PR(]H!QI4RI0V"$GMZ+&]V)W/@)R7`O9;J:^;*:GI_%=T MTB+K`@8[NCUQ7@`IP^.@H?J"F34AR15<#U0VXK!Z[O3'7=(A\'+V".RVE(]( MA$'Y<%B_9PTJ;E::.)O09UWK$+A2U$&4.4SBJW"F]\P"@A-$-XH+2`C"JSX* M^9>*A.B5U^1L#)#,'2()_>GBZ[E9`SH^16S!QG/E$D+E%3F;1EE4<)W@C6L5 M$A(Q0V31_RV;W0A3\=>J&6`6'X2.O_[_!#L!H1HHN1->NVM1$VDMI-:2B32F M]2.,^.GZ,W2H#QNM1+"^(NNM%O!-1R%N+BK4W]LMJ4H\1@DU):Z8O M.8'RO5:B(+86S&K);_-T<7073"X@R]SD%J(7Q:RUB-.Q'(^KOR.@:7I>7$[* M\=G.S@[6ZP6Z,@PQG$;L5S>KF.6DP#<76OG.1'%N+9#4'LY5-:O;BX9SY$P+ MZG+]:)P9.Y70_]Q9?6MD]HS!Z,[LV_]G3NQ!WS#[7>/F86SWK?'8&`QI`_;Q M6.$[AP,\=X+U(RH4#X)\Z"4F%WC#E!Y39==VKS4*U)9IIGN5S]S7D6!G$1-J M=S>4S6\MZ2KWFQ2_NMBH;1V^SM\2++H-.5.T=`@BSC)_V/GI<-BY,<'(&EO]R6[<&3_Z67#&9I8Z2V.8;S`,Z@RVZ39/@6&"3J]:IX M0"A']\#+F]"A;AX]=_-=^5-F!3%@3MD9]#O6J%_))T6>HD+L@BU=\0',RXJF M'EO*)6CMI:S4MXE-IOF<:C4]EBFS:!DMJ`PM#'['W]FM_9O5-<=C:S+.M_S/ MAY8?4QAK$J4'6O/O_I7/20*D:D_JYG,GM5Z5ZT7QU".,9?9XKK2J='-`.H4\ M6J.)?=.S^H.)-32_FO3'7%^\O#CTQ12QP:B-#;G:W(A,\KJHO>+TCI2S%1(H M]BL^%CGIE1/RF^%H<&^/QX/1UU*WN3QTFQVM+E[30\%\`O""@7"SZK"T5CRB ML7#?^C^EGB33AT+O2K,IX%L%S15[ECQ>!][&U8(6OI;:`.!EF.]95X>>-;)Z MYH0N#X?F:/+5F(S,_MCLJ`ZCIM.%J72P0/2BG%+I/=]\YJ2F+JE.%#N=*(Z9 M6[W2>M+"`=.+1'-H3\Q>SS+'5OX^[?(ZLS9,:(PUD<(!GYWI$7"VPW::G-\B MVSM2&'P[=<$=KI(E5[FXVEY7M@$(9)0F=P/L?X,TK'T&NU:G2K9XTWT+[P3J] M*M\TUK:/S,ZROI)U&Q(Z@_M[>W)O]2=CL]_M#.(DG=7O%`X,'[.QFVT/<0IP MOP^5#X(L%C#<8,2.@5",0.#*7DJ0ZT;E=;1=QFH88?>)SEPLC\5NHJQV4E@O MKA^Q`I]LYQ;2G=ON5P(C0I/?H7A\J&0?AW?<&E>Y%N-#:LL,\D>!S$DDZ]<' M>_)5:2U5JL7D9!=A\?,PODXA4DV53Z?2H7-9DYK!);I07CU5!+]#_Y/5D!;N ME4Y;FO;HT>P]6/=T=_LPLN)I--_E,J=P&*T1$QM[U.H,]M:!.+[GO>-38+_, MIU+H?WF,"?A<"9EB/Q/!Z,#+A/2@FV>-'V[&=%*B'F$]%CM5YCS,CLQ8TZE\ M7V!*P!\16T$\BYV$+:90^DS"/E,BTU8QB>IIJ@23S",();)KX39Y1T'SSX)> M9H[1-'$6U/@A/EBW^MO;H=`><+=*_A8__EE*?Z('/07UHL<%O`<"!C.+ MA'#AA-SZK0?MA*NNZ0).OJ!Z@##$$.'DG;,1<'V'D'C3'^MR6W>R"XB+X9)_ M+5J^)^&7IW4!LJJR]("ZX(T[T:%3D%QYF7M94*74H@>2=PAYWZ'O4[8/:R@< M_C^1HQC5"ET)(MS:\Q;2"%=6EQYH%QZA%79=\1X$L6WM78H*0[*<F&^#[O?`8:&VW70M[+D272@OTBX-L+1^](#59T@NLJMV>PN6?1C2GR5)F*\IM%%+GNHE;A/>N.\E;0O6^5>>I)>VAKA)U&Z)S;X3QANK,3>G\>V$Z#-EO M%\1RQX'<(I]FN(VGR'N_;(^O[F)87>7J-BHDESEXPT#FEG9"HH/;O\:+(%O[ MR@]KQZPGL6VR-M^5O!M7[UOUF=Q*5T<:TZENWIM[IX3GS)F[W@4W2W3P[E=V MQ22ULMRPF)RQH?-1:@99YSB\03`"[%T>.DW%AUDKK-2;^)K3N\+2BI[UV.%M M!1*0XR%`4P+P,Q/'#I91R#+@@4NI8NQDG3%X33)= MP@*F3T;HF#RA`P&P0[#@W!T1H=4#1UG+%4VEI`3=WJ?0%,^;U81^M_D"JP": M)G[=B*8E3:T>=$24,=I%"P=R[PT)$.N!J(3E"FF>KUK83MY56M+=.''ANA.._"PD#V8HG1GA9"9=17O0C]AV;,PVN?'&-WGA"GBW5#G)<+&NBW5XQ/-FE=\!?SW3ZI?J M,6O67`>UJJ'4,*>=Y?6=1>GBJ9Q2#QLX@F\)F4U:,^TOMQ@/W0T/J:2+P/Q0 M1JK\$JZ@R>84,Q52BAY30N&`]4#`+/)[<,:))`D1ZWIR,Q-;$=W09#6C!Y0U M1R!SP:)LK M;:$U[=MUH;"49;G;"U. M>NIY3G4G!EI[8_!/<6*@4,@[C$B5)\$>JF`W.4M-?_;! M^I$OAF0#,&1,MQ^&2*I_`6U\- M\;SX:4#'+U`#=W"7[DO;PT:%1E)#6/7FT/(,T@=5`FLQE;:KZI.(ZMG3JRN,31'DZ_&9&3V MQV:'W4W2[;:1:(GXO"Q?&:5*WXG`!*4XA(!T(HRYRS`>C>*%MBA*ATY5J@4] MEMCK5Y+9N81];GG65TBB>A%<$:Q2)6@Q'!:]NL9-7F9J>1T^NZ9!^O($WUW; M>P9J[\&HS5M1=#TT3.!/;J*7%Z&NWN4IO+=66V-ZC)?E8M"1OW2^D^M%]:A: M'SI94\CJ\(30MX/)=_05.)@SATIWI#IRH,0&LIH\+3.@WPD:,H145ZIC!ZI, M(:/-DS*&6Q3A9FPAU9/JF(,B4\CH\K0L`3XW-"JD>E*=2U1E"8>Z/"%+J`F_ M^F)G2C`_-:#M(`14!:$=)#=`[&#SFSKX\WI575[M^&91KN/3ST*5:R&MTL&, MZOC@]W7LK;QOU?7ACF]UHOH^E9%J!-B)'XK28'8+B>OX;&*M8S0%':JN,W=\ M2^%J]G4-38.I#^; M!YEYZ8WK3"6GHE(%&J0YWFH5Y+UH2U(5D&\];>7,H0_W7'KC4 M&9&3:#G!<@5_C8?0#,UH$,*]F17?9Z[2"I'#:BH[F?G\'_TI-7VK'P^X2BDT M3K*I)34=8=.WH@$WA,B%@*G$JGA:K::`(@R$"QO[@G5#]AJ;SCT5/(Z];`YA MW7%HH!.<1AY!>?N1>8.?MA69RZ(T#D"A%16KH73\]B%>'BX>8B^*\:-[2<1L M1L>4;1A27F\T3/TIB)BW]O]CBULQ M94U"SJ=!3A/%(!L;8N]F*8,G4!M5TWF/@A`D3D#4/5QZV;K]H0EM1N[DGF=#1H[&68QS;DZ5F^MSOGE/BY+*H.(F8NQ[J74F MYBI`ILWX!C*N7^T),Z#R:'SJ5:,>?7VP>?I%>K>#^K`E'>?-)<8J;='']CE< M"\W(Y19[@RYZ!QWGK@F\U1JDC_Q0*&$A'(3RN!^^@8YKUP3J*NW1P#RI(OPK M\N>ZHHBY9["W$#NXJ?M$`^2.[TWO[L:/R7V[_?OA]32Y%'%T+V]$U/K6O9/# M?-F+DIL7#UY%S,6^#M_?_?@;7ID2%?"R8&[I5%N^AD3QTJD(\CPYSF3/QZZ" M!KAPJ:XUC56(4M`6%C#5R4MDR5@YQ)-$PBFHIG8TX+0A[A&*)@&)K/\6G1,? M;/._Z%>#;=[1>EQMA*6QYIL?EVFE5_4L#N],-M)?]ZCBZ3U](8N]Z(HNL MP2P4(`O+Q=O[,`9$ZZ9VV(FR@:1FGES]2'A92Y:6?\\>V9WTZ/_K18O=-7W3 M3Z)S+'UR?C_4;O%`>TOZ5"&6HN^ZD,^PER5:Q60-7-V96H;XWEMP" MLI?2'1^5G6&G*EK%1PU<[3\[W68OP6)'I[.$3JN8K-1@+9["Z?[1%G)Y],6B MN<_E,H1K+BNZPJZ@U2HF%T)UYO$!$B_,7Z[$AZ;_R2)OR79J2W>G2)3>&LP: M@,>"75<,.Z5@"5HWG&*@_.A,Q:]OAL@T%,K_L&0&MPJ/'=E*G8/`KLS6'GNI M'_KV7X5466G?>L$V&IZX[5E")`2YPJD^R*W!42_:U'@EYWKSL64)(% M+;&!C@06%MG,RS8L>[8BMC@G0`NR:CBF`AX`U%#:L***:RB6F'?CFY#='IQM M>`-<`.>X6RBIW2W+8B0^05A4I1W@8NYDD*]F.5ZM+3HMORW^_EV';>.MY3'] M2P73L@&AC`=*0;+KJ3`VG5PNC@A^"ZB=YIV`@CDEM>5(H'0FNZB*1.=2@'W:;A=,J3HSSM;5KHC'8A-1S^WIWD[9 M#TCO%/8101<#*SBSZ?>Y'RQRZ3^0,1PM3S4P!*@EN%W-1K6$YI7NY,.!6ECK MIC^>/?,-SL?IX[YLFFBS#P9DQ>J^T'2Z%8 MGVLK3?&`L,[H M`%SH_<_5NZ!1'19"`OI=J ML/T69WN]]CC7%PPW-/MAC%`K@4;M\-S=@#K9$V&?@O"5L^A3RCP./C:Q^#D, MYJ)5@MRQF*92Y`UT38QH.B,J(H\[Y9"HC9[3S?Y___!%Y!'-5]L)^V1K\$RC M;4^,">ZG'*TV%\$,TQB6H:>S%`\$?'2 M5&!?VPB[;FLI^A8A6:P5&KMY5`/ME8&O9PF?LZ475_#UV@+?51GXKJA<0>(* MOBN*\.6\!$4B9.\N%$,)?@%RB74G&8XCU"V52>WN!4.*^'HED^S<#S+9='G@ MWVWSP!>7YTRP4P_XQ8]7)Q$=/PSI^.R(\;OXSK`X[*@[*G-&B=2P"[UW8S-J M6145:&C,^89!XOAZNR,3([CG)DCQ--R9FD5,][J.@WDDKU\:LO3?QKA6U#V9 M``>->WI@VLU%2I]@BZU8[N,QY*\PE>U1)&?*6Q$+3T+.A4FN-R+^&`'-D550)``.8MTE6 MF+=)5G5X"P`!!"4.```$.0$``.UY*9P9Q5UJV&:!>VW7__Q=PT^U_\L%K46 MP:Y3TYK4+IK>F/ZB==$,U[1;[.$`<1K\HMTC-X263U],CT.;SU]Y<'CL41#]EJK/+\LERNEN%S&'N','O%?/5=]]G'^8!\ MF?2\R[#_[0OO6.A#AXQZSN(_WQ;XV\.,AKYD]Q3.D@8T\=E.8SI^H9#2:E\W*Y4OK2:5L172$F MK,U=XCVDD5>NKJY*46]"*E'.1X&;B*Z61/<(,;R2#+U$04\\QI%G;]$[?,6P M27Q1BCNW2$DJZ8>8E"2D#MZA8]@^F]#'$G0`?>5]L5PI5BL)>MDA6"XDEH"ZF*7R1#TI3![UO'"6CH[#@Q)?^+@$1$6@P@&Q5WS[F;89 M8`ZB.7UV44_*[&SR4+FXN#R_>K]B\^D3K$A8L+,SF\XB'K&R(`*X>(8]WH*> M)AZCT`43?@^12\8$.P6-HV""N?!ZYB,;[Y67+![D>136&(2`98MH\WT"BP@: M_G8MO*TFT!V"#IJXN!N86=)%=VFM5-%!F("RQ+DI2*U".HP5R7?PF'@DFD0Y M_E2THEC,H5!Y\Q)YCF9XG/"%)M9Y,(NF?EW:%;,A/&38Z7F_1M=^@!F(B9C: MT+!D7))D,-G(M4/W.)[U5%)9E@T)KC^.](A),$.3&N-S`%;$5[P$N8Y<$2-;_I0[/7U?1N4ZO?66;7L"RMUP<"T6SEP(^H MCQAE*"5,KWK4!OBX:X"Z;ID`9MUVR9#;T[ MU/1&HW?7'9K=6ZW?:YL-T\@-4YS8\G*P]YCB4EH+/0%JH]=M&(/N&\5T#4BQ M97XQFKIE&4,K!C>C3XWRU2[*$:L6\^8@@[?=&X.A66\;W=[0Z.M?=;B4\,X@ M4T)?*>]"OR%%$V*TI9S<#/U!KV-:5F_P566%="JU$2J[1E@+R6VP%<,#GTM! M7+2I\3W?Q7=@M/4A1)B^/AA^U88#O6OIC;>8GDF:CVT@SA(I6;8X+^2Z[$A7E\5O"WJA5-D(ZEH(\WH.P M5+0:G^[,X=#8S(Y^1MMFBV(?9LQ%3D>K2E]B(T=[U MJ4OLQ5O=94_?(1BBD8N9:@]A2:&TV+E4SF[N)&CO8ADY\MMI?`;V:31J]*4Z M=COAS_%7Y_09=E#1JNTAU;WI54!NEQ76<=:888BM3C7R4ND;\^9(JS/.K+N` M@E9M!ZD.SLA1W[IATK(C)SMQ^L^]?F^ED.7WJ41JPTBU]6ZM\,9]?U\!('[([80NIN,F#LACY*YM@D;$ M)7RAB]_1P_\L>_VX1*5QJU(9GE5XY$96FF05B(XRI,2E-I94M>\Q5AX>#WLF ME!DL][.H#2:5]KZ8P+[@>02KVHZ9FP1Y5%16_FOH M=<8P9\ASDOL4P:R#D6!UJ(<&V`Z#@'B3.F*$92;MKS"&VO"'[TKDGG"@E1I3 MY$TP(UX+D2`Z6O=," M$.KC0"SI4J)"(H`3+MC[&\-H8ASPJ-++*>ZBT;&*`PMV7U'CMI#_"JJ"/QZK MZHX+OY+"C?4HKZ`V+*ECU=Y>A:^D=7,UR*;2R\.6I?5IR^7WW1.9UZ`^#;CF M28<[58=]XV/*;6I'HA0LXELQX2N*IF+EO%BMG,V9LY[I,9-8PW#<)!*^9TPB M_13S@<,G#&+6):-7XJ8PF[G"4MQ;6HY\Q& M/NW\_.E$LIXQGP,.>A_B')N]_?&NFW3T..LCQ;B@5PAFOA-X1!"XKKBZJ;`@U`$._$&@AH$04*= M812QG3`^?YGTC>)#L-"!1P069AS7X[X9]2!-"Q8FQS/!#8"$(P:A,Q02;@,: M^@DI`9+]JNJ.$P5;Y/81<4RO@7S"D=N@'@_(*)):7UA3%.`I=1T<))H_@^_Y M0-A0T[PZ$M%DF`0 MSWG=I?;#*ICM)3M"SUBA^(TB-9[(>#&5/M/@0 M:"V)%,YIT)F//19!IP>!J/0%PS*`1B2PN$23_H0")][48[V0B\F+-QU]QF0R MA<"C@[.B":3E,[@QQ=;DXNU%(7*'.)A5MI;Q7S[TT>X34R2M)P/\+1!R=J#B M+P7YL8.>"MC&]Y#XTTR%QC=8YQ4&D"&8C-$T4>W90 MP33U' M5D!N/U4-Q*+@"Y%Q16SC_*GTW+X1`_4RD7WNI3D2;Y/V&D$;%;S?< M>+FAOK1`HM-AM#]NMY@"I$`N_BIU^ZYBZ7TGJDB+>")>./%O%M9;A[H-U@FC M+;,F]@-LD^540+>8R9*/W#E.0YLPH2J45DH MWAV\^EW`GM#U\J,=#OHR*D!(@.YH\->_B>ESPO;>OF*BOWCU.+SF$-"%+`Q0````(`#8P<$=3Z?<-5EP``/UQ`P`7`!@````` M``$```"D@0````!C:6LQ-34X,CDT+3(P,34P.3,P+GAM;%54!0`#F+=)5G5X M"P`!!"4.```$.0$``%!+`0(>`Q0````(`#8P<$>'P4N<`@T``*F:```;`!@` M``````$```"D@:=<``!C:6LQ-34X,CDT+3(P,34P.3,P7V-A;"YX;6Q55`4` M`YBW259U>`L``00E#@``!#D!``!02P$"'@,4````"``V,'!'3T%&N>\,```G MH0``&P`8```````!````I('^:0``8VEK,34U.#(Y-"TR,#$U,#DS,%]D968N M>&UL550%``.8MTE6=7@+``$$)0X```0Y`0``4$L!`AX#%`````@`-C!P1U_+ M+RX^.0``85D#`!L`&````````0```*2!0G<``&-I:S$U-3@R.30M,C`Q-3`Y M,S!?;&%B+GAM;%54!0`#F+=)5G5X"P`!!"4.```$.0$``%!+`0(>`Q0````( M`#8P<$=8A(D#\"(``,`L``00E#@``!#D!``!02P$" M'@,4````"``V,'!';0AR:%8*``#<6@``%P`8```````!````I($:U```8VEK M,34U.#(Y-"TR,#$U,#DS,"YX`L``00E#@``!#D!``!0 52P4&``````8`!@`^`@``P=X````` ` end XML 15 R9.htm IDEA: XBRL DOCUMENT v3.3.0.814
FIXED ASSETS
9 Months Ended
Sep. 30, 2015
Property, Plant and Equipment [Abstract]  
FIXED ASSETS
    September 30, 2015     December 31, 2014  
Furniture and equipment   $ 1,191     $ 5,608  
Computers and software     49,823       2,183  
Less: accumulated depreciation     (48,924 )     (3,236 )
Furniture and office equipment, net   $ 52,089     $ 4,555  
Leasehold Improvements     6,530       -  
Total Fixed Assets   $ 58,619     $ 4,555  

 

   

During the nine months ended September 30, 2015 and 2014, the Company recorded depreciation expense of $45,688 and $929, respectively.

XML 16 R29.htm IDEA: XBRL DOCUMENT v3.3.0.814
CAPITAL LEASES (Details) - USD ($)
Sep. 30, 2015
Dec. 31, 2014
For the year ending September 30,    
2016 $ 34,578  
2017 34,578  
2018 26,899  
2019 12,638  
2020 7,237  
Total minimum lease payments 115,879  
Less: amount representing interest (26,909)  
Present value of net minimum lease obligations 88,970  
Less: current maturities of capital lease obligations (22,502)  
Long-term capital lease obligations $ 66,469 $ 0
XML 17 R28.htm IDEA: XBRL DOCUMENT v3.3.0.814
RELATED PARTY TRANSACTIONS (Details Narrative) - USD ($)
9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Dec. 31, 2014
Related Party Transactions [Abstract]      
Advances from related party $ 57,409   $ 33,045
Revenue from related party $ 32,710 $ 119,563  
XML 18 R30.htm IDEA: XBRL DOCUMENT v3.3.0.814
DERIVATIVE LIABILITIES (Details) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Sep. 30, 2015
Sep. 30, 2014
Derivatives, Fair Value [Line Items]        
Balance at December 31, 2014     $ 0  
Initial valuation of derivative liability upon issuance of variable feature convertible note     80,000  
Change in fair value of derivative liability $ 11,245 $ 0 52,440 $ 0
Balance at September 30, 2015 132,440   132,440  
Convertible Debt [Member]        
Derivatives, Fair Value [Line Items]        
Balance at December 31, 2014     0  
Initial valuation of derivative liability upon issuance of variable feature convertible note     80,000  
Change in fair value of derivative liability     52,440  
Balance at September 30, 2015 $ 132,440   $ 132,440  
XML 19 R31.htm IDEA: XBRL DOCUMENT v3.3.0.814
DERIVATIVE LIABILITIES (Details Narrative)
9 Months Ended
Sep. 30, 2015
$ / shares
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Risk free interest rate 1.00%
Term 4 months 17 days
Expected stock volatility 155.00%
Expected dividend rate 0.00%
Common stock price $ .11
XML 20 R8.htm IDEA: XBRL DOCUMENT v3.3.0.814
GOING CONCERN
9 Months Ended
Sep. 30, 2015
GOING CONCERN [Abstract]  
GOING CONCERN

The accompanying financial statements were prepared in conformity with GAAP, which contemplates continuation of the Company as a going concern and depends upon the Company’s ability to establish itself as a profitable business. The Company is an early stage company and has incurred an accumulated loss of $6,136,389 since inception. The Company has negative working capital of $760,020 and will require additional funds to finance its business plan for the next twelve months. Due to the early stage of the Company, the Company expects to incur additional losses in the immediate future. The Company’s ability to continue as a going concern is dependent upon its ability to generate future profitable operations and/or obtain the necessary financing to meet its obligations and repay its liabilities arising from normal business operations when they become due. To date, the Company’s founders have provided funding for operations until the Company raises sufficient capital to provide for the first-year operating expenses.

 

The Company is planning to obtain financing either through the issuance of equity or debt. To the extent that funds generated from any private placements, public offerings, and/or bank financings are insufficient, the Company will have to raise additional working capital through other sources.

XML 21 R32.htm IDEA: XBRL DOCUMENT v3.3.0.814
COMMITMENTS AND CONTINGENCIES (Details Narrative) - USD ($)
9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Operating Leased Assets [Line Items]    
Rent expense $ 29,277 $ 20,000
Chief Executive Officer [Member]    
Operating Leased Assets [Line Items]    
Compensation expense 225,000  
Chief Financial Officer [Member]    
Operating Leased Assets [Line Items]    
Compensation expense $ 66,106  
XML 22 R2.htm IDEA: XBRL DOCUMENT v3.3.0.814
Balance Sheets - USD ($)
Sep. 30, 2015
Dec. 31, 2014
Current Assets    
Cash and cash equivalents $ 1,810 $ 495
Accounts receivable 78,223 0
Prepaid expenses 2,066 2,276
Total current assets 82,099 2,771
Furniture and office equipment, net 58,619 4,555
Trademarks and patents 18,663 8,965
Other assets 2,500 2,500
TOTAL ASSETS 161,881 18,791
Current Liabilities    
Accounts payable 265,857 61,141
Advances from related party 57,409 33,045
Accrued expenses 275,863 0
Capital lease liabilities - short term 22,502 0
Common stock payable 18,668 0
Promissory note (with accrued interest) 35,216 0
Convertible debt, net of discount of $54,375 32,625 0
Interest payable 2,540 0
Derivative liability 132,440 0
Total current liabilities 843,120 94,186
Long Term Liabilities    
Capital lease liabilities - long-term 66,469 0
TOTAL LIABILITIES 909,589 $ 94,186
Commitments and Contingencies  
Stockholders' Deficit    
Preferred stock, par value $0.01 per share, 5,000,000 shares authorized; 0 shares issued and outstanding 0 $ 0
Common stock, par value $0.001 per share, 300,000,000 shares authorized; 22,628,578 and 21,506,195 shares issued and outstanding 22,628 21,506
Additional paid-in capital 5,366,053 4,137,610
Accumulated deficit (6,136,389) (4,234,511)
TOTAL STOCKHOLDERS' DEFICIT (747,708) (75,395)
TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT $ 161,881 $ 18,791
XML 23 R6.htm IDEA: XBRL DOCUMENT v3.3.0.814
GENERAL ORGANIZATION AND BUSINESS OPERATIONS
9 Months Ended
Sep. 30, 2015
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
GENERAL ORGANIZATION AND BUSINESS OPERATIONS

Powerstorm Capital Corp. was formed on October 11, 2011 in the state of Delaware. On February 25, 2015, Powerstorm Capital Corp. filed a Certificate of Amendment to the Certificate of Incorporation changing its name to Powerstorm Holdings, Inc. (“we”, “Powerstorm” or the “Company”). The Company intends to be a manufacturer of hybrid energy storage systems that provides reliable off-grid solutions to: a) service providers such as telecom tower operators, managed network operators (MNOs), data centers, mining companies, hospitals, b) rural communities within the emerging markets and, c) the residential/home use and serves disaster recovery requirements.

XML 24 R35.htm IDEA: XBRL DOCUMENT v3.3.0.814
FAIR VALUE MEASUREMENTS (Details 1) - USD ($)
3 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Fair Value Disclosures [Abstract]    
Beginning balance $ 0 $ 0
Additions 80,000 0
Change in fair value 52,440 0
Ending balance 132,440 0
Change in unrealized loss included in earnings $ 52,440 $ 0
XML 25 R22.htm IDEA: XBRL DOCUMENT v3.3.0.814
DERIVATIVE LIABILITIES (Tables)
9 Months Ended
Sep. 30, 2015
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Derivative Liability Activity
    Balance at December 31, 2014     Initial valuation of derivative liability upon issuance of variable feature convertible note     Change in fair value of derivative liability     Balance at Sep 30, 2015  
                         
Convertible debt   $ 0.00     $ 80,000     $ 52,440     $ 132,440  
Total   $ 0.00     $ 80,000     $ 52,440     $ 132,440  
XML 26 R24.htm IDEA: XBRL DOCUMENT v3.3.0.814
FAIR VALUE MEASUREMENTS (Tables)
9 Months Ended
Sep. 30, 2015
Fair Value Disclosures [Abstract]  
Schedule of Assets and Liabilities Measured on a Recurring Basis
FAIR VALUE MEASUREMENTS   Quoted Prices In Active Markets for Identical Assets     Significant Other Observable Inputs     Significant Unobservable Inputs     Total Carrying Value as of September 30,  
    (Level 1)     (Level 2)     (Level 3)     2015  
Variable conversion features- convertible debt derivatives               $ 132,440     $ 32,440  
Total   $ 0.00     $ 0.00     $ 132,440     $ 132,440  
Reconciliation of Changes in Fair Value
    Significant Unobservable Inputs (Level 3)  
    Three Months Ended September 30,  
    2015     2014  
Beginning balance   $ -     $ -  
Additions   $ 80,000     $ -  
Change in fair value   $ 52,440     $ -  
Ending balance   $ 132,440     $ -  
                 
Change in unrealized loss included in earnings   $ 52,440     $ -  
XML 27 Show.js IDEA: XBRL DOCUMENT /** * Rivet Software Inc. * * @copyright Copyright (c) 2006-2011 Rivet Software, Inc. All rights reserved. * Version 2.4.0.3 * */ var Show = {}; Show.LastAR = null, Show.hideAR = function(){ Show.LastAR.style.display = 'none'; }; Show.showAR = function ( link, id, win ){ if( Show.LastAR ){ Show.hideAR(); } var ref = link; do { ref = ref.nextSibling; } while (ref && ref.nodeName != 'TABLE'); if (!ref || ref.nodeName != 'TABLE') { var tmp = win ? win.document.getElementById(id) : document.getElementById(id); if( tmp ){ ref = tmp.cloneNode(true); ref.id = ''; link.parentNode.appendChild(ref); } } if( ref ){ ref.style.display = 'block'; Show.LastAR = ref; } }; Show.toggleNext = function( link ){ var ref = link; do{ ref = ref.nextSibling; }while( ref.nodeName != 'DIV' ); if( ref.style && ref.style.display && ref.style.display == 'none' ){ ref.style.display = 'block'; if( link.textContent ){ link.textContent = link.textContent.replace( '+', '-' ); }else{ link.innerText = link.innerText.replace( '+', '-' ); } }else{ ref.style.display = 'none'; if( link.textContent ){ link.textContent = link.textContent.replace( '-', '+' ); }else{ link.innerText = link.innerText.replace( '-', '+' ); } } }; XML 28 R7.htm IDEA: XBRL DOCUMENT v3.3.0.814
BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
9 Months Ended
Sep. 30, 2015
Accounting Policies [Abstract]  
BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Basis of Presentation

 

The accompanying interim unaudited financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (“GAAP”) for interim financial information and on the same basis as the annual audited financial statements. In the opinion of management, these financial statements include all adjustments, which, unless otherwise disclosed, are of a normal recurring nature, necessary for a fair presentation of the financial position, results of operations, and cash flows for the periods presented. The results of interim periods are not necessarily indicative of results for the entire year. The balance sheet at December 31, 2014 has been derived from audited financial statements; however, the notes to the financial statements do not include all of the information and notes required by GAAP for complete financial statements. The accompanying interim unaudited financial statements should be read in conjunction with the financial statements and notes thereto for the period ended December 31, 2014, included in the Form 10-K filed with the SEC on April 8, 2015.

 

Use of Estimates

 

The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.

 

Reclassifications

 

Certain accounts in the prior period were reclassified to conform to the current period financial statement presentation.

 

Cash and Cash Equivalents

 

The Company considers all highly liquid, short-term investments purchased with an original maturity of three months or less to be cash equivalents. These investments are carried at cost, which approximates fair value.

 

Intangible Assets

 

The Company’s intangible assets consist of patents and trademarks with indefinite lives. The Company capitalizes the filing and legal fees related to the patent and trademark registrations, which totaled $18,663 and $8,965 as of September 30, 2015 and December 31, 2014, respectively.

 

The Company reviews its indefinite-lived intangible assets for impairment whenever events or circumstances indicate that the carrying amount of an asset may not be recoverable. The Company assesses recoverability by reference to future cash flows from the products underlying these intangible assets. If these estimates change in the future, the Company may be required to record impairment charges for these assets. As of September 30, 2015 and December 31, 2014, no impairment was recorded.

 

Fixed Assets

 

Furniture and office equipment is stated at cost and depreciated using the straight-line method over 7 years, the estimated useful life of the asset. Computers and software developed or obtained for internal use are depreciated using the straight-line method over the estimated useful life of 5 years. Office leasehold improvements are amortized over 6 years, the term of the lease. Repairs and maintenance are expensed as incurred.

 

Accounting for Derivative Liabilities

 

The Company evaluates stock options, stock warrants or other contracts to determine if those contracts or embedded components of those contracts qualify as derivatives to be separately accounted for under the relevant sections of ASC Topic 815-40, Derivative Instruments and Hedging: Contracts in Entity’s Own Equity. The result of this accounting treatment could be that the fair value of a financial instrument is classified as a derivative instrument and is marked-to-market at each balance sheet date and recorded as a liability. In the event that the fair value is recorded as a liability, the change in fair value is recorded in the statement of operations as other income or expense. Upon conversion or exercise of a derivative instrument, the instrument is marked to fair value at the conversion date and then that fair value is reclassified to equity. Financial instruments that are initially classified as equity that become subject to reclassification under ASC Topic 815-40 are reclassified to a liability account at the fair value of the instrument on the reclassification date.

 

Income Taxes

 

The Company uses the asset and liability method in accounting for income taxes. Under this method, deferred tax assets and liabilities are determined based on differences between financial reporting and income tax carrying amounts of assets and liabilities and are measured using the enacted tax rates and laws that will be in effect when the differences are expected to reverse. The Company reviews deferred tax assets for a valuation allowance based upon whether it is more likely than not that the deferred tax asset will be fully realized. A valuation allowance, if necessary, is provided against deferred tax assets, based upon management’s assessment as to their realization.

 

Revenue Recognition

 

The Company’s revenue generated consisted of revenues from consulting services from a related party. Revenue is recognized at the time when a price is fixed and determinable, persuasive evidence of an arrangement exists, the service has been rendered, and collectability is assured.

 

Share-Based Compensation

 

The Company amortizes the cost of services received in exchange for equity instruments based on the grant date fair value of such instruments over the service period.

 

Equity instruments issued to parties other than employees for acquiring goods or services are recorded at either the fair value of the consideration received or the fair value of the instruments issued in exchange for such services, whichever is more reliably measurable.

 

Fair Value Measurements

 

As defined in FASB ASC Topic No. 820 – 10, fair value is the price that would be received upon the sale of an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. FASB ASC Topic No. 820 – 10 requires disclosure that establishes a framework for measuring fair value and expands disclosure about fair value measurements. The statement requires fair value measurements be classified and disclosed in one of the following categories:

 

Level 1: Unadjusted quoted prices in active markets that are accessible at the measurement date for identical, unrestricted assets or liabilities. The Company considers active markets as those in which transactions for the assets or liabilities occur in sufficient frequency and volume to provide pricing information on an ongoing basis.

 

Level 2: Quoted prices in markets that are not active, or inputs which are observable, either directly or indirectly, for substantially the full term of the asset or liability. This category includes those derivative instruments that the Company values using observable market data. Substantially all of these inputs are observable in the marketplace throughout the term of the derivative instruments, can be derived from observable data, or supported by observable levels at which transactions are executed in the marketplace.

 

Level 3: Measured based on prices or valuation models that require inputs that are both significant to the fair value measurement and less observable from objective sources (i.e. supported by little or no market activity). The Company’s valuation models are primarily industry standard models. Level 3 instruments include derivative warrant instruments. The Company does not have sufficient corroborating evidence to support classifying these assets and liabilities as Level 1 or Level 2.

 

As required by FASB ASC Topic No. 820 – 10, financial assets and liabilities are classified based on the lowest level of input that is significant to the fair value measurement. The Company’s assessment of the significance of a particular input to the fair value measurement requires judgment, and may affect the valuation of the fair value of assets and liabilities and their placement within the fair value hierarchy levels. The estimated fair value of the variable feature convertible debt instrument was calculated using the black scholes model.

 

Net Loss per Common Share

 

Basic net loss per common share is computed by dividing net loss by the weighted-average number of common shares outstanding during the period. Diluted net loss per common share is determined using the weighted-average number of common shares outstanding during the period, adjusted for the dilutive effect of common stock equivalents. In periods when losses are reported, the diluted weighted-average number of common shares outstanding excludes common stock equivalents because their inclusion would be anti-dilutive. At September 30, 2015, the Company had 2,243,616 stock options and 1,682,785 shares issuable upon the conversion of convertible debt that would have been included in its calculation of diluted net loss per common share if they were not anti-dilutive. 

 

Recent Accounting Pronouncements

 

Recently issued or adopted accounting pronouncements are not expected to, or did not have, a material impact on our financial position, results of operations or cash flows.

 

Subsequent Events

 

The Company evaluates subsequent events through the date when financial statements are issued for disclosure consideration.

XML 29 R3.htm IDEA: XBRL DOCUMENT v3.3.0.814
Balance Sheets (Parenthetical) - USD ($)
Sep. 30, 2015
Dec. 31, 2014
Statement of Financial Position [Abstract]    
Convertible debt, discount $ 54,375  
Preferred stock, par value per share $ .01 $ .01
Preferred stock, shares authorized 5,000,000 5,000,000
Preferred stock, shares issued 0 0
Preferred stock, shares outstanding 0 0
Common stock, par value per share $ .001 $ .001
Common stock, shares authorized 300,000,000 300,000,000
Common stock, shares issued 22,628,578 21,506,195
Common stock, shares outstanding 22,628,578 21,506,195
XML 30 R17.htm IDEA: XBRL DOCUMENT v3.3.0.814
FAIR VALUE MEASUREMENTS
9 Months Ended
Sep. 30, 2015
Fair Value Disclosures [Abstract]  
FAIR VALUE MEASUREMENTS

The following table sets forth, by level within the fair value hierarchy, the Company’s financial assets and liabilities that were accounted for at fair value on a recurring basis as of September 30, 2015:

 

FAIR VALUE MEASUREMENTS   Quoted Prices In Active Markets for Identical Assets     Significant Other Observable Inputs     Significant Unobservable Inputs     Total Carrying Value as of September 30,  
    (Level 1)     (Level 2)     (Level 3)     2015  
Variable conversion features- convertible debt derivatives               $ 132,440     $ 32,440  
Total   $ 0.00     $ 0.00     $ 132,440     $ 132,440  
                                 

 

The following table sets forth a reconciliation of changes in the fair value of financial liabilities classified as level 3 in the fair value hierarchy:

 

    Significant Unobservable Inputs (Level 3)  
    Three Months Ended September 30,  
    2015     2015  
Beginning balance   $ -     $ -  
Additions   $ 80,000     $ -  
Change in fair value   $ 52,440     $ -  
Ending balance   $ 132,440     $ -  
                 
Change in unrealized loss included in earnings   $ 52,440     $ -  

 

 

XML 31 R1.htm IDEA: XBRL DOCUMENT v3.3.0.814
Document and Entity Information - shares
9 Months Ended
Sep. 30, 2015
Nov. 16, 2015
Document and Entity Information [Abstract]    
Document Type 10-Q  
Amendment Flag false  
Document Period End Date Sep. 30, 2015  
Document Fiscal Year Focus 2015  
Document Fiscal Period Focus Q3  
Entity Registrant Name Powerstorm Holdings, Inc.  
Entity Central Index Key 0001558294  
Current Fiscal Year End Date --12-31  
Entity Filer Category Smaller Reporting Company  
Entity Common Stock, Shares Outstanding   22,545,809
XML 32 R18.htm IDEA: XBRL DOCUMENT v3.3.0.814
SUBSEQUENT EVENTS
9 Months Ended
Sep. 30, 2015
Subsequent Events [Abstract]  
SUBSEQUENT EVENTS

On October 2, 2015 the Company cancelled its Memorandum of Understanding with Ascot Industrial.

 

On October 2, 2015 the Company delayed its product launch of the MESS system due to a system enhancement.  The product launch is now scheduled for first quarter 2016..

 

On October 22, 2015, the Company granted 18,000 stock options fully vested in aggregate to certain employees in exchange for services.

 

On October 27, 2015, the Company entered into a Promissory Note with the Company’s CFO in the amount of $6,866.00 and accrues an annual interest rate of 8%, both principle and interest are due upon demand from lender.  The Promissory note was issued in exchange for a portion of the CFO’s salary for the month of October 2015.

 

On October 30, 2015 the Company entered into a non-exclusive Financial Advisory Agreement with Ardour Capital Investments, LLC and will focus on assisting the Company in its strategies for maximizing shareholder value through its full scope of investment banking services.  The Company issued an up front payment of $5,000 as a retainer and agrees to a monthly payments of $10,000 which will accrue and become payable upon a successful equity and/or debt financing.  In addition, the Company granted 25,000 shares of Common Stock fully vested.

XML 33 R4.htm IDEA: XBRL DOCUMENT v3.3.0.814
Statements of Operations - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Sep. 30, 2015
Sep. 30, 2014
Income Statement [Abstract]        
Revenues - related party $ 160,925 $ 93,258 $ 189,055 $ 119,563
Cost of revenues (143,510) (65,756) (143,510) (65,756)
Gross profit 17,415 27,502 45,545 53,807
Operating expenses        
General and administrative 493,281 107,533 1,808,336 253,392
Depreciation expense 34,207 310 45,688 929
Total operating expenses 527,488 107,843 1,854,024 254,321
Loss from operations (510,073) (80,341) (1,808,479) (200,514)
Other income 0 0 246 0
Gain on forgiveness of debt 0 384 0 14,409
Interest expense (32,126) 0 (41,205) 0
Unrealized gain (loss) (11,245) 0 (52,440) 0
Net loss $ (553,444) $ (79,957) $ (1,901,878) $ (186,105)
Loss per common share - basic and diluted $ (0.02) $ (0.00) $ 0.09 $ (0.01)
Weighted average number of common shares outstanding - basic and diluted 22,339,895 20,853,957 21,604,199 20,614,968
XML 34 R12.htm IDEA: XBRL DOCUMENT v3.3.0.814
RELATED PARTY TRANSACTIONS
9 Months Ended
Sep. 30, 2015
Related Party Transactions [Abstract]  
RELATED PARTY TRANSACTIONS

On March 31, 2015, the Company issued 33,045 shares of common stock to a related party, KeyMedia Management, Inc., as reimbursement for $33,045 of advances and payments made on behalf of the Company. These shares were valued at the grant date fair value of the common stock of $33,04

 

On May 18, 2015, the Company issued 217,402 shares of common stock to a related party, KeyMedia Management, Ltd., as reimbursement for $108,701 of advances and payments made on behalf of the Company. The shares were valued at the grant date fair value of $110,875. The issuance of these shares reduced advances owed to the CEO by the Company of $108,701 and the remainder ($2,174) was considered stock-based compensation.

 

On June 30, 2015, the Company issued 266,667 shares of common stock to a Carmelia Lau as reimbursement for $80,000 of payments made by Michel J. Freni and KeyMedia Management Ltd. on behalf of the Company. The shares were valued at the grant date fair value of $106,667. The issuance of these shares reduced advances owed to the CEO by the Company of $80,000 and the remainder ($26,667) was considered stock-based compensation.

 

During the nine months ended September 30, 2015 and 2014, the Company collected and recorded revenues of $32,710 and $119,563 respectively, from a related party for consulting services.  The Company’s President and significant shareholder Anamaria Pruteanu is also the owner of Powerstorm (Amsterdam).

 

During the nine months ended September 30, 2015 Powerstorm (Amsterdam) generated revenues of $156,345 from related party acting as a sales agent for the Company of the sale of hybrid systems to Maktech & Tel. The Company’s President and significant shareholder Anamaria Pruteanu is also the owner of Powerstorm (Amsterdam). 

 

On September 21, 2015, the Company entered into Supply Agreement with C4V to design, test and purchase lithium ion batteries.  C4V is a technology development company which holds the intellectual property for for energy storage such as lithium ion batteries.  The Company’s CTO, Dr. Shailesh Upreti is a member of the LLC and holds 47.08% ownership and is a member of its Board of Directors.  The agreement will remain in affect until 2021.

XML 35 R11.htm IDEA: XBRL DOCUMENT v3.3.0.814
PROMISSORY NOTE PAYABLE
9 Months Ended
Sep. 30, 2015
Long-term Debt, by Current and Noncurrent [Abstract]  
PROMISSORY NOTE PAYABLE

On June 30, 2015, the Company entered into a $34,526 promissory note with Michel J. Freni, the CEO and Chairman for advances and payments made on behalf of the Company. Interest accrues at 8% and the note is due upon demand.

XML 36 R23.htm IDEA: XBRL DOCUMENT v3.3.0.814
EQUITY (Tables)
9 Months Ended
Sep. 30, 2015
Stockholders' Equity Note [Abstract]  
Summary of Stock Option Activity
    Options     Weighted-Average Exercise Price     Weighted-Average Remaining Contractual Term     Weighted-Average Grant Date Fair Value  
Options Outstanding, December 31, 2014     1,690,616     $ .51     $ 9.84     $ 1.47  
Options Granted   $ 653,000     $ 0.43     $ 10.00     $ 0.73  
Options Exercised                                
Options Forfeited   $ (100,000 )   $ 0 .43     $ 0.00     $ 1.49  
Options Outstanding at September 30, 2015     2,243,616     $ 0.49     $ 9.57     $ 1.25  
Options Vested and Exercisable as on September  30, 2015     1,716,616                          
XML 37 R19.htm IDEA: XBRL DOCUMENT v3.3.0.814
BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policy)
9 Months Ended
Sep. 30, 2015
Accounting Policies [Abstract]  
Basis of Presentation

The accompanying interim unaudited financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (“GAAP”) for interim financial information and on the same basis as the annual audited financial statements. In the opinion of management, these financial statements include all adjustments, which, unless otherwise disclosed, are of a normal recurring nature, necessary for a fair presentation of the financial position, results of operations, and cash flows for the periods presented. The results of interim periods are not necessarily indicative of results for the entire year. The balance sheet at December 31, 2014 has been derived from audited financial statements; however, the notes to the financial statements do not include all of the information and notes required by GAAP for complete financial statements. The accompanying interim unaudited financial statements should be read in conjunction with the financial statements and notes thereto for the period ended December 31, 2014, included in the Form 10-K filed with the SEC on April 8, 2015.

Use of Estimates

The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.

Reclassifications

Certain accounts in the prior period were reclassified to conform to the current period financial statement presentation.

 

Cash and Cash Equivalents

The Company considers all highly liquid, short-term investments purchased with an original maturity of three months or less to be cash equivalents. These investments are carried at cost, which approximates fair value.

Intangible Assets

The Company’s intangible assets consist of patents and trademarks with indefinite lives. The Company capitalizes the filing and legal fees related to the patent and trademark registrations, which totaled $18,663 and $8,965 as of September 30, 2015 and December 31, 2014, respectively.

 

The Company reviews its indefinite-lived intangible assets for impairment whenever events or circumstances indicate that the carrying amount of an asset may not be recoverable. The Company assesses recoverability by reference to future cash flows from the products underlying these intangible assets. If these estimates change in the future, the Company may be required to record impairment charges for these assets. As of September 30, 2015 and December 31, 2014, no impairment was recorded.

Fixed Assets

Furniture and office equipment is stated at cost and depreciated using the straight-line method over 7 years, the estimated useful life of the asset. Computers and software developed or obtained for internal use are depreciated using the straight-line method over the estimated useful life of 5 years. Office leasehold improvements are amortized over 6 years, the term of the lease. Repairs and maintenance are expensed as incurred.

Accounting for Derivative Liabilities

The Company evaluates stock options, stock warrants or other contracts to determine if those contracts or embedded components of those contracts qualify as derivatives to be separately accounted for under the relevant sections of ASC Topic 815-40, Derivative Instruments and Hedging: Contracts in Entity’s Own Equity. The result of this accounting treatment could be that the fair value of a financial instrument is classified as a derivative instrument and is marked-to-market at each balance sheet date and recorded as a liability. In the event that the fair value is recorded as a liability, the change in fair value is recorded in the statement of operations as other income or expense. Upon conversion or exercise of a derivative instrument, the instrument is marked to fair value at the conversion date and then that fair value is reclassified to equity. Financial instruments that are initially classified as equity that become subject to reclassification under ASC Topic 815-40 are reclassified to a liability account at the fair value of the instrument on the reclassification date.

Income Taxes

The Company uses the asset and liability method in accounting for income taxes. Under this method, deferred tax assets and liabilities are determined based on differences between financial reporting and income tax carrying amounts of assets and liabilities and are measured using the enacted tax rates and laws that will be in effect when the differences are expected to reverse. The Company reviews deferred tax assets for a valuation allowance based upon whether it is more likely than not that the deferred tax asset will be fully realized. A valuation allowance, if necessary, is provided against deferred tax assets, based upon management’s assessment as to their realization.

Revenue Recognition

The Company’s revenue generated consisted of revenues from consulting services from a related party. Revenue is recognized at the time when a price is fixed and determinable, persuasive evidence of an arrangement exists, the service has been rendered, and collectability is assured.

Share-Based Compensation

The Company amortizes the cost of services received in exchange for equity instruments based on the grant date fair value of such instruments over the service period.

Fair Value Measurements

As defined in FASB ASC Topic No. 820 – 10, fair value is the price that would be received upon the sale of an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. FASB ASC Topic No. 820 – 10 requires disclosure that establishes a framework for measuring fair value and expands disclosure about fair value measurements. The statement requires fair value measurements be classified and disclosed in one of the following categories:

 

Level 1: Unadjusted quoted prices in active markets that are accessible at the measurement date for identical, unrestricted assets or liabilities. The Company considers active markets as those in which transactions for the assets or liabilities occur in sufficient frequency and volume to provide pricing information on an ongoing basis.

  

Level 2: Quoted prices in markets that are not active, or inputs which are observable, either directly or indirectly, for substantially the full term of the asset or liability. This category includes those derivative instruments that the Company values using observable market data. Substantially all of these inputs are observable in the marketplace throughout the term of the derivative instruments, can be derived from observable data, or supported by observable levels at which transactions are executed in the marketplace.

    

Level 3: Measured based on prices or valuation models that require inputs that are both significant to the fair value measurement and less observable from objective sources (i.e. supported by little or no market activity). The Company’s valuation models are primarily industry standard models. Level 3 instruments include derivative warrant instruments. The Company does not have sufficient corroborating evidence to support classifying these assets and liabilities as Level 1 or Level 2.

 

As required by FASB ASC Topic No. 820 – 10, financial assets and liabilities are classified based on the lowest level of input that is significant to the fair value measurement. The Company’s assessment of the significance of a particular input to the fair value measurement requires judgment, and may affect the valuation of the fair value of assets and liabilities and their placement within the fair value hierarchy levels. The estimated fair value of the variable feature convertible debt instrument was calculated using the black scholes model.

Net Loss per Common Share

Basic net loss per common share is computed by dividing net loss by the weighted-average number of common shares outstanding during the period. Diluted net loss per common share is determined using the weighted-average number of common shares outstanding during the period, adjusted for the dilutive effect of common stock equivalents. In periods when losses are reported, the diluted weighted-average number of common shares outstanding excludes common stock equivalents because their inclusion would be anti-dilutive. At September 30, 2015, the Company had 2,243,616 stock options and 1,682,785 shares issuable upon the conversion of convertible debt that would have been included in its calculation of diluted net loss per common share if they were not anti-dilutive. 

Recent Accounting Pronouncements

Recently issued or adopted accounting pronouncements are not expected to, or did not have, a material impact on our financial position, results of operations or cash flows.

 

Subsequent Events

The Company evaluates subsequent events through the date when financial statements are issued for disclosure consideration.

XML 38 R15.htm IDEA: XBRL DOCUMENT v3.3.0.814
COMMITMENTS AND CONTINGENCIES
9 Months Ended
Sep. 30, 2015
Commitments and Contingencies Disclosure [Abstract]  
COMMITMENTS AND CONTINGENCIES

Operating Lease

 

On October 18, 2013, the Company entered into a lease agreement with a third party to rent office premises. The lease commencement date was November 1, 2013 and ends on December 31, 2016. The Company entered into a lease addendum on February 20, 2015. Pursuant to the lease addendum, the monthly lease payment is $2,600 for January 1, 2015 through June 30, 2015, and increases to $4,800 per month starting July 1, 2015. The lease term is through February 28, 2021.

 

Rent expense was for the nine months ending September 30, 2015 and 2014 was $29,277 and $20,000, respectively.

 

Employment Agreements

 

CEO employment agreement

 

On January 1, 2014, the Company entered into an employment agreement with its CEO, effective through December 31, 2016. Pursuant to the agreement, the CEO shall receive a minimum annualized salary of $300,000. During the nine months ended September 30, 2015, the Company recorded $225,000 of compensation expense for this agreement, which is recorded in accrued expenses at September 30, 2015.

 

CFO employment agreement

 

On December 31, 2014, the Company entered into an employment agreement with its CFO, effective through March 31, 2018, in which the CFO will provide consulting services to the Company. Pursuant to the agreement, the CFO shall receive an annualized salary of $208,000, of which 50% shall be paid in cash and 50% shall be paid in stock options. During the nine months ended September 30, 2015, the CFO received $66,106 in consulting fees. No additional stock options are issuable pursuant to this agreement in 2015.

 

In addition to a salary, the CFO will be provided with a 3% ownership of the Company to be issued in common stock. The shares vest in three 1% installments on January 1, 2016, 2017, and 2018. The Company will value this obligation each quarter and record a common stock payable until the obligation is paid for in common stock of the Company. Pursuant to this agreement, the Company recorded share-based compensation expense of $18,668 for the nine months ended September 30, 2015.   

XML 39 R13.htm IDEA: XBRL DOCUMENT v3.3.0.814
CAPITAL LEASES
9 Months Ended
Sep. 30, 2015
Leases [Abstract]  
CAPITAL LEASES

The Company entered into a capital lease agreements with third parties during the nine months ended September 30, 2015 to rent office equipment. The capital leases contain a bargain purchase option at the end of the leases.

 

The future minimum lease payments required under the capital lease obligations and the present value of the minimum lease payments as of September 30, 2015 are as follows:

         

For the year ending Sep 30, 2015        
2016   $ 34,578  
2017     34,578  
2018     26,899  
2019     12,638  
2020     7,237  
Total minimum lease payments     115,879  
Less: amount representing interest     (26,909 )
Present value of net minimum lease obligations     88,970  
Less: current maturities of capital lease obligations     (22,502 )
Long-term capital lease obligations   $ 66,469  

 

 

XML 40 R14.htm IDEA: XBRL DOCUMENT v3.3.0.814
DERIVATIVE LIABILITIES
9 Months Ended
Sep. 30, 2015
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
DERIVATIVE LIABILITIES

Activity for derivative liability related to the variable conversion feature on convertible debt during the nine months ended September 30, 2015 was as follows:

 

    Balance at December 31, 2014     Initial valuation of derivative liability upon issuance of variable feature convertible note     Change in fair value of derivative liability     Balance at Sep 30, 2015  
                         
Convertible debt   $ 0.00     $ 80,000     $ 52,440     $ 132,440  
Total   $ 0.00     $ 80,000     $ 52,440     $ 132,440  

 

The fair value of the derivative was valued on the date of the issuance of the convertible debt using the Black-Scholes option pricing model with the following weighted average assumptions: (1) risk free interest rate 1%, (2) term of 0.67 years, (3) expected stock volatility of 155%, (4) expected dividend rate of 0%, and (5) common stock price of $0.51.

 

The fair value of the derivative was valued on September 30, 2015 using the Black-Scholes option pricing model with the following weighted average assumptions: (1) risk free interest rate 1%, (2) term of 0.38 years, (3) expected stock volatility of 155%, (4) expected dividend rate of 0%, and (5) common stock price of $0.11.

XML 41 R16.htm IDEA: XBRL DOCUMENT v3.3.0.814
EQUITY
9 Months Ended
Sep. 30, 2015
Stockholders' Equity Note [Abstract]  
EQUITY

The Company is authorized to issue 305,000,000 shares of capital stock. These shares are divided into two classes, with 300,000,000 shares in common stock at $0.001 par value and 5,000,000 shares in preferred stock at $0.01 par value.

 

Issuance of common stock

 

During September 2015, the company granted 20,000 shares of common stock fully vested to Shailesh Upreti and will issue them in the month November 2015 in exchange for consulting services and the Board deemed it in the best interest to grant the 20,000 shares of common stock at a purchase price of $0.19.

 

During September 2015, the company granted 15,000 shares of common stock fully vested to Gregg Jaclin and will issue them in the month of November 2015 in exchange for services and the Board deemed it in the best interest to grant the 15,000 shares of common stock at a purchase price of $0.19.

 

During September 2015, the Company granted 47,769 shares of common stock at purchase price of $0.19 per share to Szaferman, Lakind, Blumstein, Blader, P.C and will issue them in the month of November 2015 in satisfaction of the $9,076.09 outstanding accounts payable.

 

During August 2015, the company issued 150,000 shares of common stock fully vested to The Governance Box in exchange for consulting services and the Board deemed it in the best interest to grant the 150,000 shares of common stock at a purchase price of $0.25.

 

On July 1, 2015, the Company issued 100,000 shares of common stock to The Brewer Group as part of contract signed on April 9, 2015.

 

During June 2015, the Company issued 266,667 shares of common stock at their fair value to an individual as reimbursement for $80,000 of advances and payments made on behalf of the Company by Michel J. Freni and KeyMedia Management Ltd.

 

During June 2015, the Company issued 50,000 shares of common stock to a director of the Company for services. The Company recorded stock-based compensation of $75,000 based on the grant date fair value of the common stock.

 

During May 2015, the Company issued 217,402 shares of common stock at their fair value to a related party, KeyMedia Management, Ltd., as reimbursement for $108,701 of advances and payments made on behalf of the Company.

 

During May 2015, the Company issued 100,000 shares of common stock to the Company’s CFO for services. The Company recorded stock-based compensation of $145,000 based on the grant date fair value of the common stock.

 

During May 2015, the Company issued 22,500 shares of common stock to consultants for services. The Company recorded stock-based compensation of $16,775 based on the grant date fair value of the common stock.

 

During April 2015, the Company entered into a consulting agreement for Business Development and Marketing services with a third party. The agreement is effective through December 31, 2015. In exchange for the services, the Company agreed to a consulting fee of $2,000 per month. In addition, the Company agreed to grant 100,000 shares of common stock on April 1, 2015, July 1, 2015, October 1, 2015 and January 1, 2016 (400,000 shares in aggregate). The Company recorded stock-based compensation of $150,933 based on the grant date fair value of the common stock.

 

During March 2015, the Company issued 33,045 shares of common stock to a related party for $33,045 of advances and payments made on behalf of the Company.

 

Stock Options

 

A summary of the Company’s option activities for the nine months ended September 30, 2015 is as follows:

 

    Options     Weighted-Average Exercise Price     Weighted-Average Remaining Contractual Term     Weighted-Average Grant Date Fair Value  
Options Outstanding, December 31, 2014     1,690,616     $ .51     $ 9.84     $ 1.47  
Options Granted   $ 653,000     $ 0.43     $ 10.00     $ 0.73  
Options Exercised                                
Options Forfeited   $ (100,000 )   $ 0 .43     $ 0.00     $ 1.49  
Options Outstanding at September 30, 2015     2,243,616     $ 0.49     $ 9.57     $ 1.25  
Options Vested and Exercisable as on September  30, 2015     1,716,616                          

 

During the year ended December 31, 2014, the Company appointed seven new members to its Board of Advisors and granted 10,000 non-qualified stock options (70,000 in aggregate) to each advisor that vest upon one year of service. The stock options were valued using the Black-Scholes option pricing model. Fair values of these options were calculated using the following inputs in the valuation model; 10-year term; $0.10 exercise price; common stock price of $0.10 - $2.15; risk free rate of 2.47%- 3.00% and volatility of 156%-159%. The grant date fair value of these stock options was $74,313. The Company recorded $24,346 of stock-based compensation expense during the six months ended June 30, 2015 in connection with these stock options. The remaining $1,973 of stock compensation expense will be expensed during the remainder of 2015.

 

On December 31, 2014, the Company granted 259,706 stock options to the Company’s CFO. The stock options were valued using the Black-Scholes option-pricing model. Fair value of these options was calculated using the following inputs in the valuation model; 10-year term; $0.43 exercise price; common stock price of $1.50; risk free rate of 2.17% and volatility of 156%. The grant date fair value of the stock options was $386,724 and will vest in four equal installments quarterly over one year. On May 29, 2015, the CFO forfeited 100,000 stock options. The grant date fair value of the remaining stock options pursuant to this agreement is $238,034. During the six months ended June 30, 2015, the Company recorded share-based compensation of $119,017 pursuant to these stock options related to 79,853 stock options that vested. The remaining $119,017 will be expensed during the remainder of 2015.

 

On April 9, 2015, the Company granted 213,000 stock options to the various independent contractors, independent consultants and advisors. The stock options were valued using the Black-Scholes option pricing model. Fair value of these options was calculated using the following inputs in the valuation model; 10-year term; $0.43 exercise price; common stock price of $1.50; risk free rate of 1.97% and volatility of 156%. The grant date fair value of the stock options was $163,770. The stocks option grants have various vesting schedules as approved by the Board of Directors, of which 43,000 stock options vested during quarter ending June 30, 2015, 20,000 will vest on December 31, 2015 and the remaining 150,000 vest in quarterly installments on July 1, 2015, October 1, 2015 and January 1, 2016. The Company recorded $97,133 of stock-based compensation expense during the six months ended June 30, 2015 in connection with these stock options. The remaining $66,637 of stock compensation expense will be expensed during the remainder of 2015.

 

On April 10, 2015, the Company granted 400,000 stock options for The Brewer Group for Business Development and Marketing Services. The stock options were valued using the Black-Scholes option pricing model. Fair value of these stock options was calculated using the following inputs in the valuation model; 10-year term; $0.43 exercise price; common stock price of $0.78; risk free rate of 1.96% and volatility of 156%. The grant date fair value of the stock options was $307,532 and will vest on January 1, 2016. The Company recorded $102,511 of stock-based compensation expense during the six months ended June 30, 2015 in connection with these stock options. The remaining $205,021 of stock compensation expense will be expensed during the remainder of 2015.

 

On May 4, 2015, the Company granted 40,000 stock options to four (4) of its Board of Advisors for compensation during the fiscal year 2015. The stock options were valued using the Black-Scholes option pricing model. Fair value of these options was calculated using the following inputs in the valuation model; 10-year term; $0.43 exercise price; common stock price of $0.10; risk free rate of 2.05% to 2.16% and volatility of 155%. The grant date fair value of the stock options was $3,897 and will vest on December 31, 2015. The Company recorded $1,299 of stock-based compensation expense during the six months ended June 30, 2015 in connection with these stock options. The remaining $2,598 of stock compensation expense will be expensed during the remainder of 2015.

XML 42 R34.htm IDEA: XBRL DOCUMENT v3.3.0.814
FAIR VALUE MEASUREMENTS (Details)
Sep. 30, 2015
USD ($)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]  
Liabilities, fair value $ 132,440
Fair Value, Inputs, Level 1 [Member]  
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]  
Liabilities, fair value 0
Fair Value, Inputs, Level 2 [Member]  
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]  
Liabilities, fair value 0
Fair Value, Inputs, Level 3 [Member]  
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]  
Liabilities, fair value $ 132,440
XML 43 R21.htm IDEA: XBRL DOCUMENT v3.3.0.814
CAPITAL LEASES (Tables)
9 Months Ended
Sep. 30, 2015
Leases [Abstract]  
Schedule of Future Minimum Payments
For the year ending Sep 30, 2015        
2016   $ 34,578  
2017     34,578  
2018     26,899  
2019     12,638  
2020     7,237  
Total minimum lease payments     115,879  
Less: amount representing interest     (26,909 )
Present value of net minimum lease obligations     88,970  
Less: current maturities of capital lease obligations     (22,502 )
Long-term capital lease obligations   $ 66,469  
XML 44 R26.htm IDEA: XBRL DOCUMENT v3.3.0.814
GOING CONCERN (Details Narrative) - USD ($)
Sep. 30, 2015
Dec. 31, 2014
GOING CONCERN [Abstract]    
Deficit accumulated during the development stage $ (6,136,389) $ (4,234,511)
Working capital $ (760,020)  
XML 45 R5.htm IDEA: XBRL DOCUMENT v3.3.0.814
Statements of Cash Flows - USD ($)
9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Cash flows from operating activities    
Net loss $ (1,901,878) $ (186,105)
Adjustments to reconcile net loss to net cash used in operating activities:    
Share-based compensation 1,007,820 53,909
Depreciation expense 45,688 929
Amortization expense - debt discount 32,625 0
Unrealized loss - derivative 52,440 0
Gain on settlement of accounts payable 0 14,409
Changes in operating assets and liabilities:    
Accounts receivable (78,223) (4,846)
Accrued expenses 275,863 0
Prepaid expenses 210 (253)
Accrued Stock Payable expenses 18,668 0
Interest Payable 3,231 0
Accounts payable 204,716 (30,484)
Net cash used in operating activities (338,841) (152,441)
Cash flow from investing activities    
Purchases of furniture and office equipment (2,968) 0
Acquisition of patents & trademarks (9,697) (1,784)
Net cash used in investing activities (12,665) (1,784)
Cash flow from Financing Activities    
Payments of capital lease obligations (7,814) 0
Payments made on trademarks 0 157,011
Derivative liabilities 80,000 0
Advances from related party 280,635 0
Net cash provided by financing activities 352,821 157,011
Net change in cash and cash equivalents 1,315 2,786
Cash and cash equivalents - beginning of period 495 7,543
Cash and cash equivalents - end of period 1,810 10,329
Supplemental disclosure of cash flows information:    
Cash paid during the period for: Interest 0 0
Cash paid during the period for: Income taxes 0 0
Non-cash investing and financing activities:    
Conversion of advance to promissory note 34,526 0
Capital leases 96,785 0
Debt discount 87,000 0
Issuance of common stock for related party advances 221,229 0
Shares issued to repay advances from related party 0 136,735
Shares issued to settle accounts payable 256,272 1,500
Additional Paid in Capital contribution from shareholder through payment of accounts payable on behalf of the Company $ 188,217 $ 25,100
XML 46 R10.htm IDEA: XBRL DOCUMENT v3.3.0.814
CONVERTIBLE NOTE PAYABLE
9 Months Ended
Sep. 30, 2015
Debt Disclosure [Abstract]  
CONVERTIBLE NOTE PAYABLE

On June 16, 2015, the Company issued a convertible note to a third party in the principal amount of $87,000 in exchange for cash proceeds of $80,000 (a $7,000 original issue discount). This note is payable with interest bearing 10% per annum on February 16, 2016. The note is convertible, in whole or in part, into shares of common stock of the Company at a conversion price of 43% of the lowest three trading prices of the common stock for the 10 trading days immediately preceding the date of conversion.

 

The Company has the right to redeem the outstanding convertible note at a redemption price of: (i) 125% of the note outstanding thirty (30) days following the issue date; (ii) thirty one (31) to sixty (60) days following the issue date, 130% of the note outstanding; (iii) sixty-one (61) to ninety (90) days following the issue date, 135% of the note outstanding; (iv) ninety-one (91) days to one hundred and eighty days (180) following the issue date, 140% of the note outstanding.

 

The Company evaluated the terms of the convertible note in accordance with ASC 815 – 40,  Derivatives and Hedging - Contracts in Entity’s Own Stock and determined that the underlying common stock is indexed to the Company’s common stock. The Company determined that the conversion feature did meet the definition of a liability and therefore bifurcated the conversion feature and accounted for it as separate derivative liability. The Company recognized a debt discount for the amount of the derivative liability in the amount of $80,000 that will be amortized to interest expense of the life of the note.  

 

As of September 30, 2015, the amount of discount amortized for these notes was $32,625.

XML 47 R27.htm IDEA: XBRL DOCUMENT v3.3.0.814
FIXED ASSETS (Details) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Sep. 30, 2015
Sep. 30, 2014
Dec. 31, 2014
Property, Plant and Equipment [Line Items]          
Less: accumulated depreciation $ (48,924)   $ (48,924)   $ (3,236)
Fixed assets, net 58,619   58,619   4,555
Depreciation expense 34,207 $ 310 45,688 $ 929  
Equipment Furniture And Fixtures [Member]          
Property, Plant and Equipment [Line Items]          
Fixed assets, gross 1,191   1,191   5,608
Leasehold Improvements [Member]          
Property, Plant and Equipment [Line Items]          
Fixed assets, gross 6,530   6,530   0
Computers And Software [Member]          
Property, Plant and Equipment [Line Items]          
Fixed assets, gross $ 49,823   $ 49,823   $ 2,183
XML 48 FilingSummary.xml IDEA: XBRL DOCUMENT 3.3.0.814 html 29 162 1 false 10 0 false 4 false false R1.htm 00000001 - Document - Document and Entity Information Sheet http://powerstorm.com/role/cik1558294-daei1 Document and Entity Information Cover 1 false false R2.htm 00000002 - Statement - Balance Sheets Sheet http://powerstorm.com/role/cik1558294-bs Balance Sheets Statements 2 false false R3.htm 00000003 - Statement - Balance Sheets (Parenthetical) Sheet http://powerstorm.com/role/cik1558294-bsp Balance Sheets (Parenthetical) Statements 3 false false R4.htm 00000004 - Statement - Statements of Operations Sheet http://powerstorm.com/role/cik1558294-soo Statements of Operations Statements 4 false false R5.htm 00000005 - Statement - Statements of Cash Flows Sheet http://powerstorm.com/role/cik1558294-socf Statements of Cash Flows Statements 5 false false R6.htm 00000006 - Disclosure - GENERAL ORGANIZATION AND BUSINESS OPERATIONS Sheet http://powerstorm.com/role/cik1558294-goabo GENERAL ORGANIZATION AND BUSINESS OPERATIONS Notes 6 false false R7.htm 00000007 - Disclosure - BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Sheet http://powerstorm.com/role/cik1558294-bopasosap BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Notes 7 false false R8.htm 00000008 - Disclosure - GOING CONCERN Sheet http://powerstorm.com/role/cik1558294-gc GOING CONCERN Notes 8 false false R9.htm 00000009 - Disclosure - FIXED ASSETS Sheet http://powerstorm.com/role/Disclosure-FIXEDASSETS FIXED ASSETS Notes 9 false false R10.htm 00000010 - Disclosure - CONVERTIBLE NOTE PAYABLE Sheet http://powerstorm.com/role/Disclosure-CONVERTIBLENOTEPAYABLE CONVERTIBLE NOTE PAYABLE Notes 10 false false R11.htm 00000011 - Disclosure - PROMISSORY NOTE PAYABLE Sheet http://powerstorm.com/role/Disclosure-PROMISSORYNOTEPAYABLE PROMISSORY NOTE PAYABLE Notes 11 false false R12.htm 00000012 - Disclosure - RELATED PARTY TRANSACTIONS Sheet http://powerstorm.com/role/cik1558294-rpt RELATED PARTY TRANSACTIONS Notes 12 false false R13.htm 00000013 - Disclosure - CAPITAL LEASES Sheet http://powerstorm.com/role/Disclosure-CAPITALLEASES CAPITAL LEASES Notes 13 false false R14.htm 00000014 - Disclosure - DERIVATIVE LIABILITIES Sheet http://powerstorm.com/role/Disclosure-DERIVATIVELIABILITIES DERIVATIVE LIABILITIES Notes 14 false false R15.htm 00000015 - Disclosure - COMMITMENTS AND CONTINGENCIES Sheet http://powerstorm.com/role/Disclosure-COMMITMENTSANDCONTINGENCIES COMMITMENTS AND CONTINGENCIES Notes 15 false false R16.htm 00000016 - Disclosure - EQUITY Sheet http://powerstorm.com/role/cik1558294-e EQUITY Notes 16 false false R17.htm 00000017 - Disclosure - FAIR VALUE MEASUREMENTS Sheet http://powerstorm.com/role/Disclosure-FAIRVALUEMEASUREMENTS FAIR VALUE MEASUREMENTS Notes 17 false false R18.htm 00000018 - Disclosure - SUBSEQUENT EVENTS Sheet http://powerstorm.com/role/Disclosure-SUBSEQUENTEVENTS SUBSEQUENT EVENTS Notes 18 false false R19.htm 00000019 - Disclosure - BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policy) Sheet http://powerstorm.com/role/cik1558294-bopasosapp BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policy) Policies 19 false false R20.htm 00000020 - Disclosure - FIXED ASSETS (Tables) Sheet http://powerstorm.com/role/Disclosure-FIXEDASSETSTables FIXED ASSETS (Tables) Tables http://powerstorm.com/role/Disclosure-FIXEDASSETS 20 false false R21.htm 00000021 - Disclosure - CAPITAL LEASES (Tables) Sheet http://powerstorm.com/role/Disclosure-CAPITALLEASESTables CAPITAL LEASES (Tables) Tables http://powerstorm.com/role/Disclosure-CAPITALLEASES 21 false false R22.htm 00000022 - Disclosure - DERIVATIVE LIABILITIES (Tables) Sheet http://powerstorm.com/role/Disclosure-DERIVATIVELIABILITIESTables DERIVATIVE LIABILITIES (Tables) Tables http://powerstorm.com/role/Disclosure-DERIVATIVELIABILITIES 22 false false R23.htm 00000023 - Disclosure - EQUITY (Tables) Sheet http://powerstorm.com/role/Disclosure-EQUITYTables EQUITY (Tables) Tables http://powerstorm.com/role/cik1558294-e 23 false false R24.htm 00000024 - Disclosure - FAIR VALUE MEASUREMENTS (Tables) Sheet http://powerstorm.com/role/Disclosure-FAIRVALUEMEASUREMENTSTables FAIR VALUE MEASUREMENTS (Tables) Tables http://powerstorm.com/role/Disclosure-FAIRVALUEMEASUREMENTS 24 false false R25.htm 00000025 - Disclosure - BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details Narrative) Sheet http://powerstorm.com/role/cik1558294-bopasosapd BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details Narrative) Details http://powerstorm.com/role/cik1558294-bopasosapp 25 false false R26.htm 00000026 - Disclosure - GOING CONCERN (Details Narrative) Sheet http://powerstorm.com/role/cik1558294-gcd GOING CONCERN (Details Narrative) Details http://powerstorm.com/role/cik1558294-gc 26 false false R27.htm 00000027 - Disclosure - FIXED ASSETS (Details) Sheet http://powerstorm.com/role/Disclosure-FIXEDASSETSDetails FIXED ASSETS (Details) Details http://powerstorm.com/role/Disclosure-FIXEDASSETSTables 27 false false R28.htm 00000028 - Disclosure - RELATED PARTY TRANSACTIONS (Details Narrative) Sheet http://powerstorm.com/role/cik1558294-rptd RELATED PARTY TRANSACTIONS (Details Narrative) Details http://powerstorm.com/role/cik1558294-rpt 28 false false R29.htm 00000029 - Disclosure - CAPITAL LEASES (Details) Sheet http://powerstorm.com/role/Disclosure-CAPITALLEASESDetails CAPITAL LEASES (Details) Details http://powerstorm.com/role/Disclosure-CAPITALLEASESTables 29 false false R30.htm 00000030 - Disclosure - DERIVATIVE LIABILITIES (Details) Sheet http://powerstorm.com/role/Disclosure-DERIVATIVELIABILITIESScheduleofDerivativeLiabilityActivityDetails DERIVATIVE LIABILITIES (Details) Details http://powerstorm.com/role/Disclosure-DERIVATIVELIABILITIESTables 30 false false R31.htm 00000031 - Disclosure - DERIVATIVE LIABILITIES (Details Narrative) Sheet http://powerstorm.com/role/Disclosure-DERIVATIVELIABILITIESNarrativeDetails DERIVATIVE LIABILITIES (Details Narrative) Details http://powerstorm.com/role/Disclosure-DERIVATIVELIABILITIESTables 31 false false R32.htm 00000032 - Disclosure - COMMITMENTS AND CONTINGENCIES (Details Narrative) Sheet http://powerstorm.com/role/Disclosure-COMMITMENTSANDCONTINGENCIESDetails COMMITMENTS AND CONTINGENCIES (Details Narrative) Details http://powerstorm.com/role/Disclosure-COMMITMENTSANDCONTINGENCIES 32 false false R33.htm 00000033 - Disclosure - EQUITY (Details) Sheet http://powerstorm.com/role/Disclosure-EQUITYScheduleofStockOptionActivityDetails EQUITY (Details) Details http://powerstorm.com/role/Disclosure-EQUITYTables 33 false false R34.htm 00000034 - Disclosure - FAIR VALUE MEASUREMENTS (Details) Sheet http://powerstorm.com/role/Disclosure-FAIRVALUEMEASUREMENTSScheduleofAssetsandLiabilitiesMeasuredonaRecurringBasisDetails FAIR VALUE MEASUREMENTS (Details) Details http://powerstorm.com/role/Disclosure-FAIRVALUEMEASUREMENTSTables 34 false false R35.htm 00000035 - Disclosure - FAIR VALUE MEASUREMENTS (Details 1) Sheet http://powerstorm.com/role/Disclosure-FAIRVALUEMEASUREMENTSScheduleofChangesinFairValueDetails FAIR VALUE MEASUREMENTS (Details 1) Details http://powerstorm.com/role/Disclosure-FAIRVALUEMEASUREMENTSTables 35 false false All Reports Book All Reports In ''Balance Sheets'', column(s) 3, 4 are contained in other reports, so were removed by flow through suppression. In ''Statements of Cash Flows'', column(s) 1, 2 are contained in other reports, so were removed by flow through suppression. cik1558294-20150930.xml cik1558294-20150930_cal.xml cik1558294-20150930_def.xml cik1558294-20150930_lab.xml cik1558294-20150930_pre.xml cik1558294-20150930.xsd true true XML 49 R20.htm IDEA: XBRL DOCUMENT v3.3.0.814
FIXED ASSETS (Tables)
9 Months Ended
Sep. 30, 2015
Property, Plant and Equipment [Abstract]  
Schedule of Fixed Assets
    September 30, 2015     December 31, 2014  
Furniture and equipment   $ 1,191     $ 5,608  
Computers and software     49,823       2,183  
Less: accumulated depreciation     (48,924 )     (3,236 )
Furniture and office equipment, net   $ 52,089     $ 4,555  
Leasehold Improvements     6,530       -  
Total Fixed Assets   $ 58,619     $ 4,555