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Subsequent Events
6 Months Ended
Jun. 30, 2015
Notes to Financial Statements  
Note 11. Subsequent Events

Issuance of Additional Bridge Notes. In July 2015, the Company issued a Bridge Note in the principal amount of $35,000 and issued an aggregate total of 70,000 shares of Common Stock to the purchaser of the Bridge Note.

 

Extension of Bridge Note Maturity Date. In July 2015, an aggregate total of 286,500 shares of Common Stock to the Bridge Note holders, as consideration for the extension of the maturity date of the Bridge Notes to December 31, 2015, which were previously classified as to-be-issued.

 

Common Stock Issuances. In July 2015, the Company issued an aggregate total of 1,875,691 shares of Common Stock as payment for accrued interest through June 30, 2015 under certain convertible notes payable, including Bridge Notes outstanding during that time, and issued an aggregate total of 100,000 shares of Common Stock that had previously been authorized in connection with the Bridge Notes issued during the period.  All share issued in connection with convertible notes payable were previously classified as to-be-issued.