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2013 Private Placement - Series B Offering (Details Narrative)
12 Months Ended
Dec. 31, 2014
USD ($)
$ / shares
shares
Notes to Financial Statements  
Gross proceeds $ 4,155,080
Sale of shares of Series B Preferred stock | shares 5,725,821
Warrants issued to investors, per Preferred share 1.331
Warrant price per share | $ / shares $ 0.83
Cash payments $ 602,500
Equity securities | shares 470,000
Fair value of equity securities $ 3,495,384
Deferred compensation expense forgiven 35,000
Employee bonus' payment 22,196
Net proceeds 520,966
Notes payable exchanged $ 275,000
Stock issued in exchange for note forgiveness | shares 378,125
Beneficial conversion feature $ 27,500
Cash fees $ 25,800
Placement agent warrants | shares 53,656
Placement agent warrants, price per share | $ / shares $ 0.83
Fair value of placement agent warrants $ 23,608
Gross proceeds allocated 4,457,580
Full fair value of warrants 2,224,778
Dividend on beneficial conversion feature $ 1,368,272