Preferred Stock Issuance	6 Months Ended
Jun. 30, 2014
Preferred Stock Issuance	NOTE – 13 PREFERRED STOCK ISSUANCE In the May 2014 Placement, Milestone issued 7,000 shares of Convertible Preferred Stock, with a stated value of $1,000 per share which raised $7 million. The Series A Convertible Preferred Stock (the “Series A Stock”) votes together with the Common Stock on an as converted basis and as a single class, except that such shares have class voting rights as to amendments to the Certificate of Incorporation adversely affecting the Series A Stock, increases in the number of authorized shares in that Series, issuance of additional shares of Series A Stock, increases in the size of the board prior to the time the holders of the Series A Stock no longer have a right to nominate a designee for election to the board or issuance of “senior stock” or “parity stock.” The Series A Stock is also entitled to a liquidation preference equal to the greater of 100% of its $1,000 per share stated value or the amount the Series A Stock would receive on conversion into Common Stock and is convertible into Common Stock at $2.545 per share at the option of the holder or mandatorily convertible at this price on May 14, 2019, unless certain “threshold” prices have not been achieved prior to that date.

NOTE – 13 PREFERRED STOCK ISSUANCE

In the May 2014 Placement, Milestone issued 7,000 shares of Convertible Preferred Stock, with a stated value of $1,000 per share which raised $7 million. The Series A Convertible Preferred Stock (the “Series A Stock”) votes together with the Common Stock on an as converted basis and as a single class, except that such shares have class voting rights as to amendments to the Certificate of Incorporation adversely affecting the Series A Stock, increases in the number of authorized shares in that Series, issuance of additional shares of Series A Stock, increases in the size of the board prior to the time the holders of the Series A Stock no longer have a right to nominate a designee for election to the board or issuance of “senior stock” or “parity stock.” The Series A Stock is also entitled to a liquidation preference equal to the greater of 100% of its $1,000 per share stated value or the amount the Series A Stock would receive on conversion into Common Stock and is convertible into Common Stock at $2.545 per share at the option of the holder or mandatorily convertible at this price on May 14, 2019, unless certain “threshold” prices have not been achieved prior to that date.