Reverse Stock Split

3 Months Ended

Mar. 31, 2015

Equity [Abstract]

Reverse Stock Split

3. Reverse Stock Split

On May 8, 2014, our Board of Directors and shareholders holding more than two-thirds of the Company’s voting stock approved a reverse split of the Company’s Common Stock on a 1 for 400 basis (the, “Reverse Split”). The Company filed a Definitive Information Statement with the Securities and Exchange Commission on November 18, 2014 to effectuate the Reverse Split.

On April 8, 2015, the effective date of the Reverse Stock Split, every 400 shares of the Company’s issued and outstanding common stock were combined into one share of common stock. The Company did not issue any fractional shares in connection with the reverse stock split. Stockholders of record who otherwise would have been entitled to receive fractional shares were entitled, to one share.

Throughout this report, each instance which refers to a number of shares of our common stock refers to the number of shares of common stock after giving effect to the Reverse Split, unless otherwise indicated.   References to a number of shares of common stock in our historical financial statements for the year ended December 31, 2014 are reported on a post-Reverse Split basis.