Annual report pursuant to section 13 and 15(d)

Consolidated Statements of Changes in Stockholders' Deficit

v2.4.0.8
Consolidated Statements of Changes in Stockholders' Deficit (USD $)
Preferred Stock
Common Stock
Capital in Excess of Par
Retained Earnings / Accumulated Deficit
Total
Begining Balance, Amount at Dec. 31, 2011 $ 50 $ 1,537,113 $ 137,325,467 $ (149,447,124) $ (10,584,494)
Begining Balance, Shares at Dec. 31, 2011 5,045 153,711,350      
Proceeds from the sale of common stock, net of expenses, Shares   10,762,718      
Proceeds from the sale of common stock, net of expenses, Amount   107,627 1,059,612    1,167,239
Proceeds from the sale of preferred stock and warrants, net of expenses, Shares 6,028        
Proceeds from the sale of preferred stock and warrants, net of expenses, Amount 60   5,731,535   5,731,595
Issuance of common stock for consideration previously received, Shares   587,912      
Issuance of common stock for consideration previously received, Amount   5,879 (5,879)      
Issuance of warrants associated with conversion of indebtedness, Amount     335,315   335,315
Conversion of notes payable and accrued expenses into preferred stock and warrants, Shares 834        
Conversion of notes payable and accrued expenses into preferred stock and warrants, Amount 9   833,991   834,000
Common stock issued in connection with executive employment agreement, Shares   454,545      
Common stock issued in connection with executive employment agreement, Amount   4,545 45,455   50,000
Common stock issued in connection with acquisition of business, Shares   11,363,636      
Common stock issued in connection with acquisition of business, Amount   113,636 1,136,364   1,250,000
Issuance of warrants for services rendered, Amount       61,920 61,920
Conversion of notes payable and accrued interest into common stock and warrants, Shares   1,370,372      
Conversion of notes payable and accrued interest into common stock and warrants, Amount   13,704 146,296   160,000
Net loss       (5,207,243) (5,207,243)
Stock based compensation associated with stock incentive plans     89,929   89,929
Ending Balance, Amount at Dec. 31, 2012 119 1,782,504 146,760,005 (154,654,367) (6,111,739)
Ending Balance, Shares at Dec. 31, 2012 11,907 178,250,533      
Conversion of notes payable and accrued expenses into common stock and warrants, Shares   11,697,974      
Conversion of notes payable and accrued expenses into common stock and warrants, Amount   116,980 886,253   1,003,233
Proceeds from the sale of common stock and warrants, Shares   50,257,163      
Proceeds from the sale of common stock and warrants, Amount   502,571 3,600,098   4,102,669
Proceeds from the sale of preferred stock and warrants, net of expenses, Shares 16,428        
Proceeds from the sale of preferred stock and warrants, net of expenses, Amount 164   15,559,939   15,560,103
Issuance of warrants associated with conversion of indebtedness, Amount     1,105,283   1,105,283
Conversion of notes payable and accrued expenses into preferred stock and warrants, Shares 2,052        
Conversion of notes payable and accrued expenses into preferred stock and warrants, Amount 21   2,051,979   2,052,000
Net loss       (5,081,903) (5,081,903)
Stock based compensation associated with stock incentive plans     189,484   189,484
Issuance of common stock for services rendered, Shares   955,564      
Issuance of common stock for services rendered, Amount   9,556 88,695   98,251
Conversion of Series B-1 Preferred Stock into comon stock, Shares (6,862) 62,672,008      
Conversion of Series B-1 Preferred Stock into comon stock, Amount (69) 626,720 (626,651)     
Warrants issued in conjunction with the issuance of preferred stock deemed not indexed to the Company's common stock     (5,967,051)   (5,967,051)
Ending Balance, Amount at Dec. 31, 2013 $ 235 $ 3,038,331 $ 163,648,034 $ (159,736,270) $ 6,950,330
Ending Balance, Shares at Dec. 31, 2013 23,525 303,833,242