Annual report pursuant to Section 13 and 15(d)

Consolidated Statement of Changes in Stockholders' Deficit

v3.8.0.1
Consolidated Statement of Changes in Stockholders' Deficit - USD ($)
Common Stock [Member]
Additional Paid-In Capital [Member]
Deferred Compensation [Member]
Accumulated Deficit [Member]
Total
Balance at Dec. 31, 2015 $ 69,088 $ 50,333,188 $ (54,150,157) $ (3,747,881)
Balance, shares at Dec. 31, 2015 69,087,955        
Common stock grants to independent directors $ 468 41,198 41,666
Common stock grants to independent directors, shares 468,254        
Common stock grant to institutional investor $ 1,500 105,000 106,500
Common stock grant to institutional investor, shares 1,500,000        
Restricted stock issuances $ 14,013 1,106,987 1,121,000
Restricted stock issuances, shares 14,012,500        
Stock based compensation - options 376,896 $ 376,896
Stock option exercise, shares        
Net loss (1,783,705) $ (1,783,705)
Balance at Dec. 31, 2016 $ 85,069 51,963,269 (55,933,862) (3,885,524)
Balance, shares at Dec. 31, 2016 85,068,709        
Common stock grants to independent directors $ 793 149,207 150,000
Common stock grants to independent directors, shares 793,025        
Restricted stock issuances $ 34,108 4,044,327 4,078,435
Restricted stock issuances, shares 34,107,883        
Stock based compensation - options 61,771 61,771
Common stock issuance to institutional investor $ 568 59,432 60,000
Common stock issuance to institutional investor, shares 567,644        
Restricted stock issuance to a broker for fees $ 559 44,141 44,700
Restricted stock issuance to a broker for fees, shares 558,750        
Stock option exercise $ 645 (645)
Stock option exercise, shares 645,288       (770,000)
Warrant exercise $ 733 39,267 $ 40,000
Warrant exercise, shares 733,217        
Deferred compensation $ 200 40,300 (10,125) 30,375
Deferred compensation, shares 200,000        
Net loss (1,985,234) (1,985,234)
Balance at Dec. 31, 2017 $ 122,675 $ 56,401,069 $ (10,125) $ (57,919,096) $ (1,405,477)
Balance, shares at Dec. 31, 2017 122,674,516