Note 13. Non-cash Disclosures

9 Months Ended

Sep. 30, 2015

Notes

Note 13. Non-cash Disclosures

Note 13.          Non-Cash Disclosures

            During the nine months ended September 30, 2015, the Company issued common stock with a fair value of $100,000 as part of a consulting contract.

            During the nine months ended September 30, 2015, the Company issued common stock with a fair value of $91,260 as part of a conversion of debentures.

            During the nine months ended September 30, 2015, the Company issued common stock with a fair value of $54,107 for the payment of accrued rent.

            During the nine months ended September 30, 2015 and 2014, the Company recorded a deemed dividend of $15,000 and $502,890, respectively, on the issuance of stock and exercise of warrants.

            During the nine months ended September 30, 2014, the Company issued common stock with a fair value of $460,700 as part of a consulting contract.

            During the nine months ended September 30, 2014, the Company entered into a capitalized lease with a present value of $420,346

            During the nine months ended September 30, 2014, the Company issued common stock with a fair value of $55,000 as conversions of debt to equity.

            During the nine months ended September 30, 2014, the Company recorded an account receivable of $25,000 for the sale of a fixed asset.