Annual report pursuant to Section 13 and 15(d)

Subsequent Event

v2.4.1.9
Subsequent Event
12 Months Ended
Dec. 31, 2014
Subsequent Event [Abstract]  
SUBSEQUENT EVENT
15. SUBSEQUENT EVENT

 

On January 1, 2015, the Company entered into an agreement to lease executive office space for its COO in Aventura, Florida. The monthly cost is expected to be $1,437 per month on a month-to-month basis with a sixty-day notice to cancel the agreement.

 

Between January 1 and March 26, 2015, five holders of Series A Preferred Stock converted a total of 86,300 shares for 8,630,000 shares of common stock in accordance with their conversion rights which includes a blocker with respect to individual ownership percentages.