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) (USD $)
Series B Preferred Stock [Member]
Common Stock [Member]
Additional Paid-In Capital [Member]
Accumulated Deficit [Member]
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     10,843    
Accretion of redeemable preferred stock discount 21,060   (73,584)    
Accretion of redeemable preferred stock dividends 16,473   (71,839)    
Net loss       (176,373) (176,373)
Ending balance, value at Sep. 30, 2014 $ 361,596 $ 125,035 $ 125,902,369 $ (122,125,220) $ 4,263,780
Ending balance, shares at Sep. 30, 2014 55 125,035,612