Quarterly report pursuant to Section 13 or 15(d)

Description of Business and Summary of Significant Accounting Policies (Tables)

Description of Business and Summary of Significant Accounting Policies (Tables)

3 Months Ended

Mar. 31, 2015

Description of Business and Summary of Significant Accounting Policies [Abstract]

Summary of set forth liabilities measured at fair value on a recurring basis

	Level 1		Level 2		Level 3		Total

Derivative liabilities:
At March 31, 2015		-		-	$	1,864,842	$	1,864,842
At December 31, 2014		-		-		6,709,911		6,709,911

Schedule of antidilutive securities excluded from computation of earnings per share

	March 31, 2015		March 31, 2014
Options		3,549,084		2,265,229
Warrants		9,886,547		9,680,333
Total		13,435,631		11,945,562

- Definition

Tabular disclosure of liabilities, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, by class that are measured at fair value on a recurring basis. The disclosures contemplated herein include the fair value measurements at the reporting date by the level within the fair value hierarchy in which the fair value measurements in their entirety fall, segregating fair value measurements using quoted prices in active markets for identical assets (Level 1), significant other observable inputs (Level 2), and significant unobservable inputs (Level 3). Where the quoted price in an active market for the identical liability is not available, the Level 1 input is the quoted price of an identical liability when traded as an asset.

+ References + Details