Subsequent Events

9 Months Ended

Sep. 30, 2015

Subsequent Events [Abstract]

SUBSEQUENT EVENTS

11.  SUBSEQUENT EVENTS

Between October 1 and November 11, 2015, 1 investor in Series A preferred stock converted a total of 30,000 shares of Series A for 75,000 shares of restricted common stock in accordance with their conversion rights which includes a blocker with respect to individual ownership percentages.

Between October 1 and November 11, 2015, 1 investor in Series C preferred stock converted a total of 10,000 shares of Series C for 25,000 shares of restricted common stock in accordance with their conversion rights which includes a blocker with respect to individual ownership percentages.

Between October 1 and November 11, 2015, 1 investor in Series D preferred stock converted a total of 2,050,000 shares of Series D for 51,250 shares of restricted common stock in accordance with their conversion rights which includes a blocker with respect to individual ownership percentages.

Between October 1 and November 11, 2015, 1 investor in Series E preferred stock converted a total of 600,000 shares of Series E for 15,000 shares of restricted common stock in accordance with their conversion rights which includes a blocker with respect to individual ownership percentages.

On September 4, 2015, the Board of Directors recommended, subject to shareholder approval, a reverse split of the Company’s outstanding shares of common stock, at a ratio not less than one-for-fifteen and not greater than one-for-fifty to become effective upon the filing of the Certificate of Amendment to the Articles of Incorporation. Majority shareholder consent was received on October 1, 2015. The Board determined that the ratio should one for forty and implemented the reverse split at the close of trading on October 29, 2015 and in effect for trading on a split-adjusted basis on October 30, 2015. The Company’s common stock will trade under new CUSIP number 262100209 and temporary ticker symbol “DRNED” for twenty business days, at which time trading will commence under the ticker symbol “DRNE”. The effect of the reverse split has been retroactively applied to the comparative balances of December 31, 2014 and September 30, 2015 and the footnotes.