Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED STATEMENT OF STOCKHOLDERS' EQUITY (Unaudited)

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CONDENSED CONSOLIDATED STATEMENT OF STOCKHOLDERS' EQUITY (Unaudited) (USD $)
Common Stock
Additional Paid-In Capital
Accumulated Deficit
Total
Beginning balance, amount at Dec. 31, 2013 $ 176,243 $ 95,937,936 $ (93,038,863) $ 3,075,316
Beginning balance, shares at Dec. 31, 2013 176,242,817      
Common stock issued upon exercise of warrants and options, shares issued 4,360,947      
Common stock issued upon exercise of warrants and options, amount 4,361 1,303,923   1,308,284
Fair value of options and warrants issued as compensation   437,222   437,222
Net loss     (2,411,866) (2,411,866)
Ending balance, amount at Jun. 30, 2014 $ 180,604 $ 97,679,081 $ (95,450,729) $ 2,408,956
Ending balance, shares at Jun. 30, 2014 180,603,764