Quarterly report pursuant to Section 13 or 15(d)

G. PREFERRED STOCK (Details Narrative)

v3.4.0.3
G. PREFERRED STOCK (Details Narrative) - USD ($)
3 Months Ended 12 Months Ended
Mar. 31, 2016
Dec. 31, 2015
Series A Preferred Stock [Member]    
Redeemable preferred stock reclassified from temporary equity to permanent equity   $ 1,322,112
Charge to additional paid in capital for amortization of discount and costs $ 471,340 397,112
Accrued dividends 0 18,253
Cumulative accrued dividends 471,340 397,112
Liquidation preference 1,396,340 1,377,886
Series B Preferred Stock [Member]    
Charge to additional paid in capital for amortization of discount and costs 124,545 102,461
Accrued dividends 0 5,431
Cumulative accrued dividends 124,545 102,461
Liquidation preference $ 399,545 $ 394,055