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UNAUDITED CONSOLIDATED STATEMENT OF STOCKHOLDERS' EQUITY - 3 months ended Mar. 31, 2016 - USD ($)
Common Stock
Additional Paid-In Capital
Due From Stockholder
Accumulated Deficit
Total
Beginning Balance, Shares at Dec. 31, 2015 11,256,175        
Beginning Balance, Amount at Dec. 31, 2015 $ 11,256 $ 20,164,911 $ (20,000) $ (10,133,442) $ 10,022,725
Conversion of promissory note on January 25, 2016, Shares 552,041        
Conversion of promissory note on January 25, 2016, Amount $ 552 1,071,961     1,072,513
Warrant price modification on January 25, 2016   18,050     18,050
Warrant price modification on February 16, 2016   7,670     7,670
Repayment of due from stockholder through forgone director fees     5,000   5,000
Stock based compensation   261,991     261,991
Net loss       (1,832,286) (1,832,286)
Ending Balance, Shares at Mar. 31, 2016 11,808,216        
Ending Balance, Amount at Mar. 31, 2016 $ 11,808 $ 21,524,583 $ (15,000) $ (11,965,728) $ 9,555,663