CONTINGENT CONSIDERATION PAYABLE (Tables)

6 Months Ended

Jun. 30, 2015

Contingent Consideration Payable Tables

CONTINGENT CONSIDERATION PAYABLE

At June 30, 2015 and December 31, 2014, the contingent consideration payable is as follows:

	As of June 30,			As of December 31,
Contingent consideration due	2015			2014
Contingent consideration due	$	2,000,000		$	2,000,000
Less payments, net of refunds, to Director		(984,638	)		(984,638	)
Payment of exercise of warrants		(108,788	)		(108,788	)
Conversion of contingent consideration to common stock		(906,574	)		(340,362	)
	$	0		$	566,212