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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
OPERATING ACTIVITIES    
Net income (loss) $ 696 $ (1,905,987)
Adjustments to reconcile net income (loss) to net cash used in operating activities:    
Amortization 18,695 6,132
Change in fair value of derivative liability (875,972) 1,294,190
Amortization of debt discount 25,780 15,447
Other assets 12,811 4,120
Accounts payable and accrued expenses 148,486 150,118
Net cash used in operating activities (669,504) (435,980)
FINANCING ACTIVITIES    
Proceeds from Private Placements, net of financing costs   885,000
Proceeds from Short Term Note   1,836
Payment of Short Term Note (10,356) (8,044)
Net cash (used in) provided by financing activities (10,356) 878,792
Net (decrease) increase in cash (679,860) 442,812
Cash beginning of period 843,083 7,106
Cash end of period 163,223 449,918
Cash paid for interest 10,775 1,843
Non-Cash Financing activities:    
Warrants included in deferred financing costs 25,100 16,210
Unpaid preferred stock dividends included in accounts payable and accrued expenses $ 381,000 $ 304,800