Quarterly report pursuant to Section 13 or 15(d)

H. REDEEMABLE PREFERRED STOCK (Details Narative)

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H. REDEEMABLE PREFERRED STOCK (Details Narative) (USD $)
3 Months Ended 6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Jun. 30, 2014
Jun. 30, 2013
Series A Preferred Stock
       
Amortization of discount and costs $ 17,508 $ 17,508 $ 35,016 $ 35,016
Accrued dividends 18,454 (1,817) 36,707 16,436
Cumulative accrued dividends 341,539 267,512 341,539 267,512
Series B Preferred Stock
       
Amortization of discount and costs 7,020 14,040 92,760 181,248
Accrued dividends 5,490 19,538 10,920 68,186
Cumulative accrued dividends $ 85,925 $ 488,019 $ 85,925 $ 488,019