Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED STATEMENT OF STOCKHOLDERS' (DEFICIT) EQUITY (unaudited)

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CONDENSED CONSOLIDATED STATEMENT OF STOCKHOLDERS' (DEFICIT) EQUITY (unaudited) (USD $)
Common Stock
Common stock Subscribed
Additional Paid-In Capital
Accumulated Deficit
Total
Beginning Balance, Amount at Dec. 31, 2013 $ 127,344 $ 100,000 $ 5,432,563 $ (5,437,113) $ 222,794
Beginning Balance, Shares at Dec. 31, 2013 127,343,501        
Common stock issued, accrued in 2013, Amount 4,805    (4,805)      
Common stock issued, accrued in 2013, Shares 4,805,000        
Common stock issued in connection with the exercise of options, Amount 2,500    35,000    37,500
Common stock issued in connection with the exercise of options, Shares 2,500,000        
Common stock issued for services rendered, Amount 350    56,650   57,000
Common stock issued for services rendered, Shares 350,000        
Common stock issued as payment of interest, Amount 100    17,900    18,000
Common stock issued as payment of interest, Shares 100,000        
Common stock issued in connection with licensing fee, Amount 716    88,784    89,500
Common stock issued in connection with licensing fee, Shares 716,000        
Reclassify fair value of debt derivative at payoff of note payable       38,199    38,199
Fair value of warrants issued in connection with licensing fee       24,558    24,558
Fair value of vested options       5,338    5,338
Net loss          (1,076,185) (1,076,185)
Ending Balance, Amount at Mar. 31, 2014 $ 135,815 $ 100,000 $ 5,694,187 $ (6,513,298) $ (583,296)
Ending Balance, Shares at Mar. 31, 2014 135,814,501