9. STOCKHOLDERS' EQUITY

9 Months Ended

Sep. 30, 2013

Stockholders' equity:

STOCKHOLDERS' EQUITY

Common Stock

The number of shares of common stock outstanding is as follows:

Balance, December 31, 2012	10,151,529
Shares cancelled and retired, April 15, 2013	(33,334	)
Restricted shares granted, May 29, 2013	30,000
Restricted shares granted, June 5, 2013	700,000
Shares surrendered for payroll taxes and retired, June 17, 2013	(16,725	)
Shares issued in private placement, September 10, 2013	4,085,111
Shares issued in private placement, September 26, 2013	358,500
Balance, September 30, 2013	15,275,081