COMMON STOCK	6 Months Ended
Jun. 30, 2013
Common Stock
COMMON STOCK	NOTE 7. COMMON STOCK The total number of authorized shares of the Company’s common stock is 750,000,000 shares, $0.001 par value per share. As of June 30, 2013, there were 17,670,651 common shares issued and outstanding. Each share of the Company's common stock is entitled to equal dividends and distributions per share with respect to the common stock when, as and if declared by the Company's board of directors. No holder of any shares of the Company's common stock has a preemptive right to subscribe for any of the Company's securities, nor are any shares of the Company's common stock subject to redemption or convertible into other securities. Upon liquidation, dissolution or winding-up of the Company and after payment of creditors and preferred shareholders of the Company, if any, the assets of the Company will be divided pro rata on a share-for-share basis among the holders of the Company's common stock. Each share of the Company's common stock is entitled to one vote. Shares of the Company's common stock do not possess any cumulative voting rights. During the six months ending June 30, 2013 there were 167,671 shares of the Company's Series A Preferred Stock converted into 167,671 shares of the Company's common stock; warrants to purchase 625,000 shares of the Company's common stock were exercised for a net of 303,763 shares of common stock (when adjusting for a cashless exercise of such warrants and the payment, in shares of common stock ($993,750) and cash ($37,500), of an aggregate exercise price of $1,031,250 in connection with such exercises) and 303,763 shares of common stock were issued to the warrant holders in connection with such exercises; and options to purchase 290,000 shares of common stock were exercised for a net of 233,753 shares of common stock (when adjusting for a cashless exercise of such options and the payment, in shares of common stock, of an aggregate exercise price of $175,500 in connection with such exercises) and 233,753 shares of common stock were issued to the option holder in connection with such exercises.

NOTE 7. COMMON STOCK

The total number of authorized shares of the Company’s common stock is 750,000,000 shares, $0.001 par value per share. As of June 30, 2013, there were 17,670,651 common shares issued and outstanding.

Each share of the Company's common stock is entitled to equal dividends and distributions per share with respect to the common stock when, as and if declared by the Company's board of directors. No holder of any shares of the Company's common stock has a preemptive right to subscribe for any of the Company's securities, nor are any shares of the Company's common stock subject to redemption or convertible into other securities. Upon liquidation, dissolution or winding-up of the Company and after payment of creditors and preferred shareholders of the Company, if any, the assets of the Company will be divided pro rata on a share-for-share basis among the holders of the Company's common stock. Each share of the Company's common stock is entitled to one vote. Shares of the Company's common stock do not possess any cumulative voting rights.

During the six months ending June 30, 2013 there were 167,671 shares of the Company's Series A Preferred Stock converted into 167,671 shares of the Company's common stock; warrants to purchase 625,000 shares of the Company's common stock were exercised for a net of 303,763 shares of common stock (when adjusting for a cashless exercise of such warrants and the payment, in shares of common stock ($993,750) and cash ($37,500), of an aggregate exercise price of $1,031,250 in connection with such exercises) and 303,763 shares of common stock were issued to the warrant holders in connection with such exercises; and options to purchase 290,000 shares of common stock were exercised for a net of 233,753 shares of common stock (when adjusting for a cashless exercise of such options and the payment, in shares of common stock, of an aggregate exercise price of $175,500 in connection with such exercises) and 233,753 shares of common stock were issued to the option holder in connection with such exercises.