Annual report pursuant to Section 13 and 15(d)

CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY (DEFICIT)

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CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY (DEFICIT) - USD ($)
Redeemable Convertible Series B Preferred Stock
Convertible Series A Preferred Stock
Common Stock
Additional Paid-In-Capital
Warrants
Accumulated Deficit
Total
Balance at Dec. 31, 2013 $ 1,000     $ (183,153) $ (182,153)
Balance (in shares) at Dec. 31, 2013 7,770,000        
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Issuance of common stock and warrants to investors, net of share issuance costs of $10,020, pre-merger     $ 1,799,980   $ 190,000   1,989,980
Issuance of common stock and warrants to investors, net of share issuance costs of $10,020, pre-merger (in shares)     4,000,000        
Issuance of common stock to investors in prior entity     $ 466,200       466,200
Issuance of common stock to investors in prior entity (in shares) 1,110,000        
Reverse merger common stock issuance with par value $ (2,251,180) $ 2,251,180      
Reverse merger common stock issuance with par value (in shares)     3,120,000        
Share issuance costs, post merger       (4,180)   (4,180)  
Stock based compensation expense       10,771     10,771
Net loss for the year           (2,734,166) (2,734,166)
Balance at Dec. 31, 2014 $ 16,000 2,257,771 190,000 (2,917,319) $ (453,548)
Balance (in shares) at Dec. 31, 2014 16,000,000       16,000,000
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Issuance of common stock, net of issuance costs of $3,920     $ 242 720,827     $ 721,069
Issuance of common stock, net of issuance costs of $3,920 (in shares)     241,663        
Issuance of common stock for services     $ 24 167,976     168,000
Issuance of common stock for services (in shares)     24,000        
Issuance of Series A Preferred Stock and common stock warrants, net of issuance costs of $19,700   $ 1,317,141     113,161   1,430,302
Issuance of Series A Preferred Stock and common stock warrants, net of issuance costs of $19,700 (in shares)   580,000          
Common stock warrants issued for services         456,225   456,225
Stock based compensation expense       351,845     $ 351,845
Issuance of Series B Preferred Stock net of issuance costs of $493,770 $ 1,580,422          
Issuance of Series B Preferred Stock net of issuance costs of $493,770 (in shares) 5,000            
Conversion of Series A Preferred Stock and conversion liability into common stock at $0.80 per share   $ (1,317,141) $ 1,812 2,301,329     $ 986,000
Conversion of Series A Preferred Stock and conversion liability into common stock at $0.80 per share (in shares)   (580,000) 1,812,500        
Compensation expense from issuance of restricted common stock to employees and board members     $ 1,200 61,300     62,500
Compensation expense from issuance of restricted common stock to employees and board members (in shares)     1,200,000        
Conversion of Series B Preferred Stock to common stock $ (217,222)   $ 625 225,939     226,564
Conversion of Series B Preferred Stock to common stock (in shares) (500)   625,000        
Net loss for the year           (4,841,161) (4,841,161)
Balance at Dec. 31, 2015 $ 1,363,200   $ 19,903 $ 6,086,987 $ 759,386 $ (7,758,480) $ (892,204)
Balance (in shares) at Dec. 31, 2015 4,500   19,903,163       19,903,163