Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

v3.3.0.814
Condensed Consolidated Balance Sheets - USD ($)
Sep. 30, 2015
Dec. 31, 2014
Current Assets:    
Cash and cash equivalents $ 7,256,437 $ 6,994,180
Accounts receivable 53,662 4,271
Inventory 11,085 14,499
Prepaid expenses and other current assets 61,472 60,819
Trading securities, at market value 1,163,925 6,026,780
Total Current Assets 8,546,581 13,100,549
Property and equipment, net 251,986 155,250
Goodwill and other intangible assets, net 1,801,967 5,000
Other assets 22,299 15,000
TOTAL ASSETS 10,622,833 13,275,799
Current Liabilities:    
Accounts payable and accrued liabilities 157,252 72,550
Related party accounts payable 7,606 270,000
Total Current Liabilities 164,858 $ 342,550
Deferred tax liability - non-current 117,741
Total Liabilities 282,599 $ 342,550
STOCKHOLDERS' EQUITY    
Preferred stock, $0.0001 par value, 10,000,000 shares authorized 107,636 Class A shares issued and outstanding as of September 30, 2015 and December 31, 2014 20,000 Class E shares issued and outstanding as of September 30, 2015 and December 31, 2014 13 13
Common Stock, $0.0001 par value, 250,000,000 shares authorized 153,326,876 and140,627,710 shares issued and outstanding as of September 30, 2015 and December 31, 2014 $ 15,333 14,063
Common stock issuable, 0 and 5,500,000 shares as of September 30, 2015 and December 31, 2014 987,500
Additional paid-in capital $ 31,591,978 26,681,601
Accumulated deficit (21,267,090) (14,749,928)
Total Stockholders' Equity 10,340,234 12,933,249
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY 10,622,833 13,275,799
Class A Preferred Stock [Member]    
STOCKHOLDERS' EQUITY    
Preferred stock, $0.0001 par value, 10,000,000 shares authorized 107,636 Class A shares issued and outstanding as of September 30, 2015 and December 31, 2014 20,000 Class E shares issued and outstanding as of September 30, 2015 and December 31, 2014 11 11
Total Stockholders' Equity 11 11
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY 11 11
Class E Preferred Stock [Member]    
STOCKHOLDERS' EQUITY    
Preferred stock, $0.0001 par value, 10,000,000 shares authorized 107,636 Class A shares issued and outstanding as of September 30, 2015 and December 31, 2014 20,000 Class E shares issued and outstanding as of September 30, 2015 and December 31, 2014 2 2
Total Stockholders' Equity 2 2
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 2 $ 2