Annual report pursuant to Section 13 and 15(d)

Consolidated Statements Of Stockholders' (Deficit) Equity

v2.4.0.8
Consolidated Statements Of Stockholders' (Deficit) Equity (USD $)
Total
Preferred Stock
Common Stock
Additional Paid-in Capital
Accumulated Deficit
Beginning Balance at Dec. 31, 2011 $ 1,139,781 $ 1,402 $ 28,913 $ 10,705,470 $ (9,596,004)
Beginning Balance, shares at Dec. 31, 2011   1,401,786 28,912,712    
Stock based compensation 282,704     282,704  
Stock options issued in settlement of accrued compensation 443,664     443,664  
Common stock issued in equity financing 6,144   50 6,094  
Common stock issued in equity financing, shares     50,000    
Warrants exercised     144 (144)  
Warrants exercised, Shares     143,910    
Stock issued Message Logic 108,894   726 108,168  
Stock issued Message Logic, Shares     725,960    
Common stock issued in private placement 500,000   3,333 496,667  
Common stock issued in private placement, shares     3,333,333    
Net Loss (2,308,045)       (2,308,045)
Preferred stock dividend (50,000)       (50,000)
Balance at Dec. 31, 2012 123,142 1,402 33,166 12,042,623 (11,954,049)
Balance, shares at Dec. 31, 2012   1,401,786 33,165,915    
Stock based compensation 214,940     214,940  
Stock issued Message Logic           
Stock grant to corporate officer 293,989    2,960 291,029   
Stock grant to corporate officer, Shares      2,959,930    
Warrants issued with convertible debt 35,702     35,702  
Amortization of financing fees (44,276)     (44,276)  
Net Loss (984,759)       (984,759)
Preferred stock dividend (118,311)       (118,311)
Balance at Dec. 31, 2013 $ (479,573) $ 1,402 $ 36,126 $ 12,540,018 $ (13,057,119)
Balance, shares at Dec. 31, 2013   1,401,786 36,125,845