NOTE 17:

TRANSITION PERIOD COMPARATIVE BALANCES

In November 2014, the Board of Directors of the Company determined that, in accordance with its Bylaws and upon the recommendation of its Audit Committee, the Company’s fiscal year shall begin on January 1 and end on December 31 of each year, starting on January 1, 2014. This resulted in a change in fiscal year end from March 31 to December 31. The required transition period of April 1, 2014 to December 31, 2014 is included in these financial statements. For comparative purposes, the unaudited consolidated results of operations and comprehensive income for the nine months ended December 31, 2013 are as follows:


REVENUE	$

SELLING, GENERAL AND ADMINISTRATIVE EXPENSES		2,053,730
RESEARCH AND DEVELOPMENT		627,497

Loss from Operations		(2,681,227)

OTHER INCOME
Interest Expense		(8,480,740)
Change in Fair Value of Warrant Liability		635,147
Change in Fair Value of Derivative Liabilities		938,126
Change in Fair Value of Conversion Feature Liability		2,985,007
Total Other Income (Expense)		(3,922,460)



Net (Loss)	$	(6,603,687)

Basic and Diluted (Loss) Per Share:

Basic and Diluted (Loss) Per Share	$	(1.04)

Basic and Diluted Weighted Average Shares Outstanding		6,351,650