Stockholders' Deficiency

3 Months Ended

Mar. 31, 2015

Equity:

Stockholders' Deficiency

Warrants

Expenses related to warrants issued in conjunction with settlement of certain disputes are included in the condensed consolidated statements of operations.

A summary of warrants issued, exercised and expired during the three months ended March 31, 2015 is as follows:

	Shares			Weighted Average Exercise Price			Aggregate Intrinsic Value
Balance at December 31, 2014		5,586,000		$	.99		$	45,000
Issued		—			—			—
Expired		(500,000	)		(1.00	)		—
Balance at March 31, 2015		5,086,000		$	.99		$	45,000