Quarterly report pursuant to Section 13 or 15(d)

CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY (DEFICIT)

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CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY (DEFICIT) - 6 months ended Jun. 30, 2016 - USD ($)
Total
Preferred Stock
Common Stock
Additional Paid-in Capital
Accumulated Deficit
Balance at Dec. 31, 2015 $ 16,092,871 $ 50 $ 16,088 $ 73,665,601 $ (57,588,868)
Balance (in shares) at Dec. 31, 2015   49,626 16,087,951    
Stock Based Compensation Expense 349,206     349,206  
Conversion of Note Payable & Accrued Interest 22,500   $ 10 22,490  
Conversion of Note Payable & Accrued Interest (in shares)     10,000    
Exercise of Warrants 45,000   $ 15 44,985  
Exercise of Warrants (in shares)     15,000    
Common Stock Award 50,800   $ 10 50,790  
Common Stock Award (in Shares)     10,000    
Stock Issues for Services 174,026   $ 33 173,993  
Stock Issues for Services (in shares)     32,578    
Net Loss for the Six Months Ended June 30, 2016 (7,879,229)       (7,879,229)
Balance at Jun. 30, 2016 $ 8,855,174 $ 50 $ 16,156 $ 74,307,065 $ (65,468,097)
Balance (in shares) at Jun. 30, 2016   49,626 16,155,529