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2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

6 Months Ended

Jun. 30, 2014

Summary Of Significant Accounting Policies Tables

Schedule of earnings per share

		For the Three Months Ended June 30								For the Six Months Ended June 30
		2014				2013				2014				2013
Numerator:
Net Income (Loss)		$	415,861			$	(7,985,934	)		$	318,653			$	(8,178,627	)
Denominator:
Basic weighted-average shares			80,225,890				75,935,563				80,186,585				75,715,735
Effect of dilutive securities
Warrants			28,625,800				-				26,467,789				-
Convertible Debt			17,496,552				-				17,496,552				-
Options			80,000				-				79,779				-
Diluted Weighted Average Shares			126,428,242				75,935,563				124,230,705				75,715,735

Net Income (Loss) Per Common Share:
Basic		$	0.01			$	(0.11	)		$	0.00			$	(0.11	)
Diluted		$	0.00			$	(0.11	)		$	0.00			$	(0.11	)

Schedule of weighted average shares

Loss from Operations Data:

Loss from Operations		$	(724,246	)		$	(392,933	)		$	(2,285,935	)		$	(582,569	)
Basic and Diluted Weighted Average Shares			80,225,890				75,935,563				80,186,585				75,715,735

Basic and Diluted Loss Per Common Share		$	(0.01	)		$	(0.01	)		$	(0.03	)		$	(0.01	)