Annual report pursuant to Section 13 and 15(d)

CONSOLIDATED STATEMENT OF STOCKHOLDERS' EQUITY

CONSOLIDATED STATEMENT OF STOCKHOLDERS' EQUITY - USD ($)	Preferred Stock	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		$ 11,550		165,950		$ 177,500
Common stock issued in connection with the exercise of options, Shares		11,550,000
Common stock issued for services rendered, Amount		$ 1,620		264,276		265,896
Common stock issued for services rendered, Shares		1,620,000
Stock based compensation				300,000		300,000
Fair value of vested options				1,389,295		1,389,295
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
Preferred stock issued for services rendered, Amount	$ 16,000					16,000
Preferred stock issued for services rendered, Shares	80,000
Reclassify fair value of debt derivative at payoff of note payable				$ 800,987		800,987
Reclassify fair value of warrant liability upon exchange to equity warrant				129,551		129,551
Fair value of warrants issued in connection with licensing fee				24,558		24,558
Net loss					$ (3,127,780)	(3,127,780)
Ending balance, Amount at Dec. 31, 2014	$ 16,000	$ 146,135	$ 100,000	8,609,059	$ (8,564,893)	306,301
Ending balance, Shares at Dec. 31, 2014	80,000	146,134,501
Common stock issued for services rendered, Amount		$ 15,010		502,380		517,390
Common stock issued for services rendered, Shares		15,010,000
Stock based compensation						454,226
Fair value of vested options				180,536		180,536
Reclassify fair value of debt derivative at payoff of note payable				158,959		158,959
Common stock issuable in settlement of sub-licensing agreement, Amount		$ 2,000		86,000		88,000
Common stock issuable in settlement of sub-licensing agreement, Shares		2,000,000
Common stock issued in payment for intellectual property, Amount		$ 1,000		43,000		44,000
Common stock issued in payment for intellectual property, Shares		1,000,000
Common stock issuable in payment for intellectual property				88,000		88,000
Net loss					$ (4,665,990)	(4,665,990)
Ending balance, Amount at Dec. 31, 2015	$ 16,000	$ 164,145	$ 100,000	$ 9,667,934	$ (13,230,883)	$ (3,282,804)
Ending balance, Shares at Dec. 31, 2015	80,000	164,144,501