XML 37 R4.htm IDEA: XBRL DOCUMENT v3.2.0.727
Statements of Operations (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2015
Mar. 31, 2014
Jun. 30, 2015
Jun. 30, 2014
Revenues        
Revenue        
Total Revenue        
Cost and Expenses        
Cost of Revenue        
Gross Profit/(Loss)        
Option Expense $ 62,629   $ 62,629 $ 66,451
Common Stock issued for services rendered 80,400 $ 39,300 80,400 75,908
Selling, General & Admin. 60,993 71,385 136,401 160,920
Salaries and related taxes 59,154 55,625 112,092 104,663
Operating (loss) $ (263,177) $ (166,310) (391,522) $ (407,943)
Other Income Expense        
Loss on settlement of convertible notes     (2,336,035)  
Gain (loss) on change in fair value of derivative liability $ (197,982) $ (260,201) (309,931) $ (161,667)
Derivative liabilities expense     (31,434)  
Interest Expense $ (94,894) $ (52,113) (113,844) $ (298,959)
Debt issuance expense (30,000)   (30,000)  
Net Income (Loss) $ (586,053) $ (478,624) $ (3,181,332) $ (868,569)
Weighted Average (Loss) per share $ (0.01) $ (0.01) $ (0.03) $ (0.01)
Weighted Average Common Shares Outstanding 112,537,208 95,475,237 108,775,858 94,767,763