Note O - Liability For Conversion Feature of Preferred Shares	3 Months Ended
Mar. 31, 2015
Notes
Note O - Liability For Conversion Feature of Preferred Shares	NOTE O – Liability for Conversion Feature of Preferred Shares Upon the issuance of the Series B Preferred and the Series C Preferred for the SoOum Corp acquisition, the owners of these securities were entitled to receive in total 80% of the common stock of the Company upon full conversion. Assuming full conversion at a fixed conversion ratio, based on the common shares outstanding at March 31, 2015 and December 31, 2014, there would be 26,250,000,000 shares common that would be converted, which is 25,737,438,286 and 25,690,960,686 more shares respectively, than the current authorized amount. Based on the stock price at March 31, 2015 and December 31, 2014, the total value of those shares would be $5,147,488 and $12,845,480 respectively. In accordance with Generally Accepted Accounting Principles, the Company recorded a liability for that amount on the March 31, 2015 and December 31, 2014 financial statements.

Note O - Liability For Conversion Feature of Preferred Shares

3 Months Ended

Mar. 31, 2015

Note O - Liability For Conversion Feature of Preferred Shares

NOTE O – Liability for Conversion Feature of Preferred Shares

Upon the issuance of the Series B Preferred and the Series C Preferred for the SoOum Corp acquisition, the owners of these securities were entitled to receive in total 80% of the common stock of the Company upon full conversion. Assuming full conversion at a fixed conversion ratio, based on the common shares outstanding at March 31, 2015 and December 31, 2014, there would be 26,250,000,000 shares common that would be converted, which is 25,737,438,286 and 25,690,960,686 more shares respectively, than the current authorized amount. Based on the stock price at March 31, 2015 and December 31, 2014, the total value of those shares would be $5,147,488 and $12,845,480 respectively. In accordance with Generally Accepted Accounting Principles, the Company recorded a liability for that amount on the March 31, 2015 and December 31, 2014 financial statements.