Securities Transactions

12 Months Ended

Dec. 31, 2015

Securities Financing Transactions [Abstract]

Securities Transactions

Securities Transactions.

(a) During 2015, the Company issued an aggregate of 1,035,743 shares of restricted common stock, par value $.01, valued and recorded in the aggregate at $417,662 for advisory and consulting services.

(b) During 2015, the Company issued an aggregate of 1,224,763 shares of restricted common stock, par value $.01, valued and recorded in the aggregate at $734,858 and classified as interest expense – related party pursuant to a guaranty made in connection with a financing.

(c) During 2015, the Company issued 25,000 shares of common stock, par value $.01 per share, for a stock bonus to an executive officer, employee, which transaction was valued and recorded at $16,250.