Quarterly report pursuant to Section 13 or 15(d)

CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY (unaudited)

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CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY (unaudited) (USD $)
Common Stock
Additional Paid-In Capital
Accumulated (Deficit)
Total
Beginning Balance, Amount at Dec. 31, 2013 $ 35,299 $ 13,789,473 $ (18,731,120) $ (4,906,348)
Beginning Balance, Shares at Dec. 31, 2013 35,299,429      
Stock issued for services, Amount 64 102,436    102,500
Stock issued for services, Shares 63,760      
Shares issued per 2013 amended license agreement, Amount 1,375 (1,375)      
Shares issued per 2013 amended license agreement, Shares 1,375,000      
Stock issued for interest on notes payable, Amount 87 52,823    52,910
Stock issued for interest on notes payable, Shares 87,144      
Stock issued upon debt conversion, Amount 392 230,144    230,536
Stock issued upon debt conversion, Shares 392,363      
Stock and warrants issued upon converstion of liabilities, Amount 347 380,822    381,169
Stock and warrants issued upon converstion of liabilities, Shares 346,518      
Stock issued upon warrant exercise, Amount 6 7,807    7,813
Stock issued upon warrant exercise, Shares 6,250      
Stock issued upon cashless warrant exercise, Amount 1,169 (1,169)      
Stock issued upon cashless warrant exercise, Shares 1,168,821      
Sale of warrants, net of issuance costs, Amount 955 1,003,980    1,004,935
Sale of warrants, net of issuance costs, Shares 954,782      
Issuance of stock options    2,590,704    2,590,704
Net loss       (4,782,644) (4,782,644)
Ending Balance, Amount at Jun. 30, 2014 $ 39,694 $ 18,155,645 $ (23,513,764) $ (5,318,425)
Ending Balance, Shares at Jun. 30, 2014 39,694,067