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2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES ( Tables)

6 Months Ended

Jun. 30, 2015

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
		2015				2014				2015				2014
Numerator:
Net Income (Loss)		$	(7,201,669	)		$	415,861			$	(11,473,475	)		$	318,653
Denominator:
Basic weighted-average shares			87,767,261				80,225,890				85,828,777				80,186,585
Effect of dilutive securities
Warrants			-				28,625,800				-				26,467,789
Convertible Debt			-				17,496,552				-				17,496,552
Options			-				80,000				-				79,779
Preferred Stock			-				510,000				-				510,000
Diluted Weighted Average Shares			87,767,261				126,938,242				85,828,777				124,740,705

Net Income (Loss) Per Common Share:
Basic		$	(0.08	)		$	0.01			$	(0.13	)		$	0.00
Diluted		$	(0.08	)		$	0.00			$	(0.13	)		$	0.00

Schedule of weighted average shares

Loss from Operations Data:

Loss from Operations		$	(1,858,770	)		$	(724,246	)		$	(2,282,780	)		$	(2,285,935	)
Basic and Diluted Weighted Average Shares			87,767,261				80,225,890				85,828,777				80,186,585
Basic and Diluted Loss Per Common Share		$	(0.02	)		$	(0.01	)		$	(0.03	)		$	(0.03	)