Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED STAEMENT OF STOCKHOLDERS' EQUITY (UNAUDITED)

v2.4.0.8
CONDENSED CONSOLIDATED STAEMENT OF STOCKHOLDERS' EQUITY (UNAUDITED) (USD $)
Series B Preferred Stock
Common Stock
Additional Paid-In Capital
Accumulated Deficit
Total
Beginning balance, value at Dec. 31, 2013 $ 324,063 $ 125,035 $ 126,036,949 $ (121,948,847) $ 4,537,200
Beginning balance, shares at Dec. 31, 2013 55 125,035,612      
Stock-based compensation expense related to employee stock options     2,024   2,024
Accretion of redeemable preferred stock discount 7,020   (24,528)   (17,508)
Accretion of redeemable preferred stock dividends 5,430   (23,683)   (18,253)
Net loss       (778,208) (778,208)
Ending balance, value at Mar. 31, 2014 $ 336,513 $ 125,035 $ 125,990,762 $ (122,727,055) $ 3,725,255
Ending balance, shares at Mar. 31, 2014 55 125,035,612