v2.4.0.8

CONSOLIDATED STATEMENT OF CHANGES IN STOCKHOLDERS' EQUITY (DEFICIENCY) (USD $) | Total | Common Stock [Member] | Additional Paid-in Capital [Member] | Accumulated Deficit during Development Stage [Member] | Series A Preferred Stock [Member] Preferred Stock [Member] | Series B Preferred Stock [Member] Preferred Stock [Member]
--- | --- | --- | --- | --- | --- | ---
Beginning Balance at Aug. 03, 2011 | $ 0 | $ 0 | $ 0 | $ 0 | $ 0 | $ 0
Beginning Balance (in shares) at Aug. 03, 2011 |  | 0 |  |  | 0 | 0
Issuance of Founders' shares August 22, 2011 (at $0.001 per share) | 10,300 | 10,300 | 0 | 0 | 0 | 0
Issuance of Founders' shares August 22, 2011 (at $0.001 per share) (in shares) |  | 10,300,000 |  |  | 0 | 0
Issuance of shares in exchange for patent -August 27, 2011 (at $0.001) | 1,650 | 1,650 | 0 | 0 | 0 | 0
Issuance of shares in exchange for patent -August 27, 2011 (at $0.001) (in shares) |  | 1,650,000 |  |  | 0 | 0
Issuance of shares pursuant to reverse recapitalization - December 16, 2011 (at $0.001) | 0 | 4,000 | (4,000) | 0 | 0 | 0
Issuance of shares pursuant to reverse recapitalization - December 16, 2011 (at $0.001) (in shares) |  | 4,000,000 |  |  | 0 | 0
Issuance of preferred stock in private placement, net of costs | 1,088,225 | 0 | 1,087,025 | 0 | 1,200 | 0
Issuance of preferred stock in private placement, net of costs (in shares) |  | 0 |  |  | 1,200,000 | 0
Conversion of debentures into preferred stock - December 16, 2011 (at $1.00) | 1,000,000 | 0 | 999,000 | 0 | 1,000 | 0
Conversion of debentures into preferred stock - December 16, 2011 (at $1.00) (in shares) |  | 0 |  |  | 1,000,000 | 0
Issuance of shares to employee - December 30, 2011 (at $0.001) | 200 | 200 | 0 | 0 | 0 | 0
Issuance of shares to employee - December 30, 2011 (at $0.001) (in shares) |  | 200,000 |  |  | 0 | 0
Warrants issued in connection with convertible preferred stock or convertible note payable | (580,000) | 0 | (580,000) | 0 | 0 | 0
Contractual dividends accrued on convertible preferred stock | (7,233) | 0 | 0 | (7,233) | 0 | 0
Net loss | (1,055,724) | 0 | 0 | (1,055,724) | 0 | 0
Ending Balance at Dec. 31, 2011 | 457,418 | 16,150 | 1,502,025 | (1,062,957) | 2,200 | 0
Ending Balance (in shares) at Dec. 31, 2011 |  | 16,150,000 |  |  | 2,200,000 | 0
Issuance of shares pursuant to separation agreement (at $0.59) | 23,600 | 40 | 23,560 | 0 | 0 | 0
Issuance of shares pursuant to separation agreement (at $0.59) (in shares) |  | 40,000 |  |  | 0 | 0
Issuance of shares for services rendered | 20,650 | 35 | 20,615 | 0 | 0 | 0
Issuance of shares for services rendered (in shares) |  | 35,000 |  |  | 0 | 0
Issuance of preferred stock in private placement, net of costs | 514,103 | 0 | 514,100 | 0 | 0 | 3
Issuance of preferred stock in private placement, net of costs (in shares) |  | 0 |  |  | 0 | 3,099
Compensation expense associated with options | 83,245 | 0 | 83,245 | 0 | 0 | 0
Warrants issued in connection with convertible preferred stock or convertible note payable | (83,673) | 0 | (83,673) | 0 | 0 | 0
Contractual dividends accrued on convertible preferred stock | (191,199) | 0 | 0 | (191,199) | 0 | 0
Net loss | (1,699,466) | 0 | 0 | (1,699,466) | 0 | 0
Ending Balance at Dec. 31, 2012 | (875,322) | 16,225 | 2,059,872 | (2,953,622) | 2,200 | 3
Ending Balance (in shares) at Dec. 31, 2012 |  | 16,225,000 |  |  | 2,200,000 | 3,099
Issuance of shares for services rendered | 5,800 | 10 | 5,790 | 0 | 0 | 0
Issuance of shares for services rendered (in shares) |  | 10,000 |  |  | 0 | 0
Conversion of Series A pref stock (at $100) into common stock | 9,728 | 110 | 9,718 | 0 | (100) | 0
Conversion of Series A pref stock (at $100) into common stock (in shares) |  | 109,728 |  |  | (100,000) | 0
Compensation expense associated with options | 5,626 | 0 | 5,626 | 0 | 0 | 0
Warrants issued in connection with convertible preferred stock or convertible note payable | 46,550 | 0 | 46,550 | 0 | 0 | 0
Contractual dividends accrued on convertible preferred stock | (250,806) | 0 | 0 | (250,806) | 0 | 0
Net loss | (1,220,202) | 0 | 0 | (1,220,202) | 0 | 0
Ending Balance at Dec. 31, 2013 | $ (2,278,626) | $ 16,345 | $ 2,127,556 | $ (4,424,630) | $ 2,100 | $ 3
Ending Balance (in shares) at Dec. 31, 2013 |  | 16,344,728 |  |  | 2,100,000 | 3,099

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