Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED STATEMENT OF STOCKHOLDERS' EQUITY (UNAUDITED)

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CONDENSED CONSOLIDATED STATEMENT OF STOCKHOLDERS' EQUITY (UNAUDITED) - 6 months ended Jun. 30, 2015 - USD ($)
Series A Preferred Stock
Series B Preferred Stock
Common Stock
Additional Paid-In Capital
Accumulated Deficit
Total
Beginning balance, shares at Dec. 31, 2014 0 55 125,035,612      
Beginning balance, value at Dec. 31, 2014 $ 0 $ 372,030 $ 125,035 $ 125,908,476 $ (121,906,017) $ 4,499,524
Stock-based compensation expense related to employee stock options       7,593   7,593
Accretion of redeemable preferred stock dividends $ 18,454 $ 10,921   (47,628)   (18,253)
Reclassification from temporary equity to permanent equity, shares 185          
Reclassification from temporary equity to permanent equity, value $ 1,322,112         1,322,112
Net loss         (220,567) (220,567)
Ending balance, shares at Jun. 30, 2015 185 55 125,035,612      
Ending balance, value at Jun. 30, 2015 $ 1,340,566 $ 382,951 $ 125,035 $ 125,868,441 $ (122,126,584) $ 5,590,409