NATURE OF BUSINESS, BASIS OF PRESENTATION AND SIGNIFICANT ACCOUNTING POLICIES (Tables)

12 Months Ended

Dec. 31, 2013

Consolidated Statement of Operations and Comprehensive Income


	Year Ended December 31, 2013
	As Previously Reported			Adjustments			As Restated
Advisory agreement warrants	$	6,973,231		$	9,627,269		$	16,600,500
Selling, general and administrative		2,836,873			200,000			3,036,873
Interest expense		353,089			1,451,621			1,804,710
Net loss		(9,427,558	)		(11,278,890	)		(20,706,448	)

Consolidated Balance Sheet


	December 31, 2013
	As Previously Reported			Adjustments			As Restated
Warrant liability	$	6,973,231		$	9,627,269		$	16,600,500
Additional paid-in capital		3,075,517			1,651,621			4,727,138
Accumulated deficit		(10,014,158	)		(11,278,890	)		(21,293,048	)

- Definition

Tabular disclosure of prior period adjustments to previously issued financial statements including (1) the effect of the correction on each financial statement line item and any per-share amounts affected for each prior period presented (2) the cumulative effect of the change on retained earnings or other appropriate components of equity or net assets in the statement of financial position, as of the beginning of the earliest period presented, and (3) the effect of the prior period adjustments (both gross and net of applicable income tax) on the net income of each prior period presented in the entity's annual report for the year in which the adjustments are made.

+ References+ Details