Quarterly report pursuant to Section 13 or 15(d)

CONDENSED STATEMENT OF STOCKHOLDERS' EQUITY (DEFICIT)

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CONDENSED STATEMENT OF STOCKHOLDERS' EQUITY (DEFICIT) - 6 months ended Jun. 30, 2017 - USD ($)
Common Stock [Member]
Additional Paid-in Capital [Member]
Common Stock Subscription [Member]
Retained Earnings [Member]
Total
Balance at Dec. 31, 2016 $ 22,588 $ 41,019,251   $ (43,829,043) $ (2,787,204)
Balance (in Shares) at Dec. 31, 2016 22,588,184       22,588,184
Sale of common stock $ 2,150 3,037,222     $ 3,039,372
Sale of common stock (in Shares) 2,149,529        
Common stock issued for services $ 625 894,124     $ 894,749
Common stock issued for services (in Shares) 625,000       625,000
Common stock issued upon conversion of Series C Preferred Stock at $1.50 per share $ 43 64,957     $ 65,000
Common stock issued upon conversion of Series C Preferred Stock at $1.50 per share (in Shares) 43,335       90,000
Common stock issued settlement of Series C Preferred Stock accrued dividends at $1.37 per share $ 18 23,973     $ 23,991
Common stock issued settlement of Series C Preferred Stock accrued dividends at $1.37 per share (in Shares) 17,511        
Common stock received and canceled in connection with short term swing profit reimbursement $ (11) 11      
Common stock received and canceled in connection with short term swing profit reimbursement (in Shares) (10,744)        
Common stock subscription received     $ 239,970   239,970
Reclassify fair value of derivative liability to equity upon conversion of Series C Preferred Stock to common shares   15,676     15,676
Fair value of warrant issued to acquire research and development   543,927     543,927
Stock based compensation $ 215 187,894     188,109
Stock based compensation (in Shares) 214,750        
Preferred Stock dividend   (46,608)     (46,608)
Net loss       (6,351,187) (6,351,187)
Balance at Jun. 30, 2017 $ 25,628 $ 45,740,427 $ 239,970 $ (50,180,230) $ (4,174,205)
Balance (in Shares) at Jun. 30, 2017 25,627,565       25,627,565