Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED STATEMENT OF STOCKHOLDERS' EQUITY (UNAUDITED)

v2.4.0.8
CONDENSED CONSOLIDATED STATEMENT 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     6,641   6,641
Accretion of redeemable preferred stock discount 14,040   (49,056)   (35,016)
Accretion of redeemable preferred stock dividends 10,920   (47,628)   (36,708)
Net loss       (559,123) (559,123)
Ending balance, value at Jun. 30, 2014 $ 349,023 $ 125,035 $ 125,946,906 $ (122,507,970) $ 3,912,994
Ending balance, shares at Jun. 30, 2014 55 125,035,612