Common Stock

12 Months Ended

Dec. 31, 2015

Equity [Abstract]

Common Stock

6. Common Stock

(a) During the year ended December 31, 2014, the Company issued 13,506,430 shares of common stock for proceeds of $2,997,500.

(b) During the year ended December 31, 2014, the Company issued 32,800 shares of common stock with a fair value of $2,624. The services were valued based on the fair market value of the shares exchanged, which approximate the fair market value of the services received.

(c) During the year ended December 31, 2014, the Company issued 21,750 shares of common stock upon the vesting of restricted stock units.

(d) In January 2015, the Company issued 107,055 shares of common stock upon the vesting of restricted stock units for employee compensation.

(e) In December 2015, the Company received subscriptions for 3,500,000 shares of common stock at $0.10 per share for total proceeds of $350,000 which is included in stock subscriptions received.