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Condensed Consolidated Balance Sheets - USD ($)
Sep. 30, 2015
Dec. 31, 2014
Current assets    
Cash $ 2,126,137 $ 2,661,396
Prepaid expenses 154,892 89,517
Deferred financing fees 935,110 983,857
Other receivables - related party 75,000 75,000
Total current assets 3,291,139 3,809,770
Property and equipment, net 10,413 11,621
Total assets 3,301,552 3,821,391
Current liabilities    
Accounts payable and accrued expenses $ 58,191 215,389
Note payable to related party 3,659,328
Total current liabilities $ 58,191 3,874,717
Note payable, net of debt discount 5,442,203 3,645,194
Total liabilities $ 5,500,394 $ 7,519,911
Commitments and Contingencies
Stockholders' deficit    
Preferred Stock, $0.001 par value per share; 20,000,000 shares authorized; none issued or outstanding at September 30, 2015 and December 31, 2014
Common stock, $0.001 par value per share; 100,000,000 shares authorized; 31,163,358 and 24,269,047 shares issued and outstanding at September 30, 2015 and December 31, 2014, respectively $ 31,163 $ 24,269
Additional paid-in capital 15,703,556 8,315,128
Accumulated deficit (17,933,561) (12,037,917)
Total stockholders' deficit (2,198,842) (3,698,520)
Total liabilities and stockholders' deficit $ 3,301,552 $ 3,821,391