EQUITY BASED COMPENSATION

12 Months Ended

Dec. 31, 2014

Sumary of Equity based compensation

EQUITY BASED COMPENSATION

13 EQUITY BASED COMPENSATION

Equity based compensation is made up of the following:

	Year ended December 31, 2014		Year endedDecember 31, 2013
Stock option compensation charge	$	1,769,170	$	1,657,273
Restricted stock award compensation charge		620,429		-
Stock issued for services rendered		348,971		72,000
Stock awards in lieu of directors fees		27,000		-
	$	2,765,570	$	1,729,273