Annual report pursuant to Section 13 and 15(d)

Consolidated Statement of Stockholders' Equity

v2.4.0.8
Consolidated Statement of Stockholders' Equity (USD $)
Common Stock [Member]
Additional Paid-In Capital
Share Subscriptions Received
Other Comprehensive Income / Loss
Deficit Accumulated During the Development Stage
Total
Beginning Balance, Amount at Aug. 05, 2010                  
Beginning Balance, Shares at Aug. 05, 2010             
Issuance of founders' shares, Amount                  
Issuance of founders' shares, Shares 1          
Common stock issued for cash, Amount 2,334 1,787,104       1,789,438
Common stock issued for cash, Shares 2,333,720          
Common stock issued for services, Amount 4,105 793,537       797,642
Common stock issued for services, Shares 4,105,045          
Common stock issued in advance of services, Amount 350 349,650       350,000
Common stock issued in advance of services, Shares 350,000          
Recapitalization pursuant to reverse merger, Amount 1,212 (2,162)       (950)
Recapitalization pursuant to reverse merger, Shares 1,212,000          
Stock issued to settle debt, Amount 645 1,169,298       1,169,943
Stock issued to settle debt, Shares 644,886          
Relative fair value of warrants attached to common stock issued   73,791       73,791
Employee stock options granted for services   16,507       16,507
Warrants granted for services   390,529       390,529
Other comprehensive income (loss)       4,638   4,638
Net loss         (3,502,583) (3,502,583)
Ending Balance, Amount at Dec. 31, 2011 8,646 4,578,254    4,638 (3,502,583) 1,088,955
Ending Balance, Shares at Dec. 31, 2011 8,645,652          
Common stock issued for cash, Amount 1,428 2,574,947       2,576,375
Common stock issued for cash, Shares 1,427,604          
Common stock issued for services, Amount 118 206,910       207,028
Common stock issued for services, Shares 118,306          
Employee stock options granted for services   858,413       858,413
Warrants granted for services   224,988       224,988
Other comprehensive income (loss)       (38,914)   (38,914)
Net loss         (4,083,050) (4,083,050)
Ending Balance, Amount at Dec. 31, 2012 10,192 8,443,512    (34,276) (7,585,633) 833,795
Ending Balance, Shares at Dec. 31, 2012 10,191,562          
Common stock issued for cash, Amount 1,433 2,826,817          2,828,250
Common stock issued for cash, Shares 1,432,712          
Common stock issued for services, Amount 15 30,735          30,750
Common stock issued for services, Shares 15,000          
Common stock issued for debt, Amount 40 84,967          85,007
Common stock issued for debt, Shares 40,483          
Employee stock options granted for services    282,012          282,012
Warrants granted for services    356,668          356,668
Other comprehensive income (loss)          (25,519)    (25,519)
Net loss         (3,710,289) (3,710,289)
Ending Balance, Amount at Dec. 31, 2013 $ 11,680 $ 12,024,711    $ (59,795) $ (11,295,922) $ 680,674
Ending Balance, Shares at Dec. 31, 2013 11,679,757