Common Stock

12 Months Ended

Dec. 31, 2015

Stockholders' Equity Note [Abstract]

Common Stock

14. Common Stock

On February 13, 2013 the Company issued 882,353 shares of its common stock valued at $0.17 per share as payment for the note payable in the amount of $150,000 from a stockholder who is also a director. On April 8, 2013 the Company issued 50,656 shares of its common stock valued at $0.18 per share as payment for the interest, in the amount of $9,118, on the $150,000 note payable. On February 4, 2015 the Company received from the abovementioned stockholder who is also a director, a certificate in the amount of 882,353 shares of its common stock valued at $0.17 per share which had been issued in error as payment for the note payable in the amount of $150,000.  The certificate was reissued in the amount of 588,235 the Company recorded a reduction of $294 for the par value of the common stock with on a corresponding offset to additional paid in capital as of December 31, 2014.  See Notes 10 and 16.

As partial compensation per an agreement dated May 19, 2011 and extended on June 8, 2012 for consultant work, the Company issued to Monarch Communications, Inc. the following:

• On January 6, 2014, 28,571 shares of its common stock valued at $0.14 per share

• On February 7, 2014, 25,000 shares of its common stock valued at $0.16 per share.

• On March 5, 2014, 21,053 shares of its common stock valued at $0.19 per share.

• On April 1, 2014, 18,182 shares of its common stock valued at $0.22 per share.

• On May 2, 2014, 20,000 shares of its common stock valued at $0. 20 per share.

• On June 4, 2014, 19,048 shares of its common stock valued at $0.21 per share.

• On July 1, 2014, 21,053 shares of its common stock valued at $0.19 per share.

• On August 1, 2014, 14,815 shares of its common stock valued at $0.27 per share.

• On September 17, 2014, 15,385 shares of its common stock valued at $0.26 per share