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) - 3 months ended Mar. 31, 2017 - USD ($)
Series A Preferred Stock
Series B Preferred Stock
Common Stock
Additional Paid-In Capital [Member]
Accumulated Deficit [Member]
Total
Beginning Balance, Shares at Dec. 31, 2016 185 52 132,774,475      
Beginning Balance, Amount at Dec. 31, 2016 $ 1,340,566 $ 362,059 $ 132,774 $ 126,955,435 $ (123,471,034) $ 5,319,800
Shares issued for director compensation, shares issued     240,716      
Shares issued for director compensation, value     $ 241 35,759   36,000
Stock-based compensation expense related to employee stock options       314,686   314,686
Net income         5,662,435 5,662,435
Ending Balance, Shares at Mar. 31, 2017 185 52 133,015,191      
Ending Balance, Amount at Mar. 31, 2017 $ 1,340,566 $ 362,059 $ 133,015 $ 127,305,880 $ (117,808,599) $ 11,332,921