Annual report pursuant to Section 13 and 15(d)

Consolidated Statements Of Changes In Stockholders' Equity

v3.3.1.900
Consolidated Statements Of Changes In Stockholders' Equity - USD ($)
Class A Preferred Stock [Member]
Class E Preferred Stock [Member]
Common Stock [Member]
Common Stock Issuable [Member]
Additional Paid-in Capital [Member]
Cummulative Unrealized Gains (Losses) on Securities [Member]
Accumulated Deficit [Member]
Total
Balance preferred stock, shares at Dec. 31, 2013 20,000            
Balance common stock, shares at Dec. 31, 2013     136,627,710         136,627,710
Balance, value at Dec. 31, 2013 $ 2 $ 13,663 $ 14,049,715 $ (1,285,009) $ (15,655,577) $ (2,877,206)
Common stock issued for cash, shares     4,000,000          
Common stock issued for cash, value     $ 400 1,599,600 1,600,000
Preferred stock issued in settlement of related party debt, shares 107,636              
Preferred stock issued in settlement of related party debt, value $ 11 10,763,600 10,763,611
Forgiveness of accrued interest on related party debt $ 268,686 $ 268,686
Transfer of unrealized gain on available-for-sale securities to trading securities $ 1,285,009 $ (1,285,009)
Common stock issuable for employee signing bonuses $ 987,500 $ 987,500
Common stock issued for acquisition of Franklin Networks, Inc, value              
Common stock cancelled on rescinded acquisition of Franklin Networks, Inc, value              
Net income (loss) $ 2,190,658 $ 2,190,658
Balance preferred stock , shares at Dec. 31, 2014 107,636 20,000            
Balance common stock, shares at Dec. 31, 2014     140,627,710         140,627,710
Balance, value at Dec. 31, 2014 $ 11 $ 2 $ 14,063 $ 987,500 $ 26,681,601 $ (14,749,928) $ 12,933,249
Preferred stock issued in settlement of related party debt, value              
Forgiveness of accrued interest on related party debt              
Common stock issued for employee signing bonuses, shares     5,500,000          
Common stock issued for employee signing bonuses, value     $ 550 $ (987,500) 986,950  
Common stock issued for employee compensation, shares     2,360,417          
Common stock issued for employee compensation, value     $ 236 1,075,190   $ 1,075,426
Common stock issued for professional fees, shares     2,420,000          
Common stock issued for professional fees, value     $ 242 1,264,891   1,265,133
Common stock issued for acquisition of Franklin Networks, Inc, shares     2,500,000          
Common stock issued for acquisition of Franklin Networks, Inc, value     $ 250 1,699,750   1,700,000
Common stock cancelled on rescinded acquisition of Franklin Networks, Inc, shares     (2,500,000)          
Common stock cancelled on rescinded acquisition of Franklin Networks, Inc, value     $ 250 499,750 $ 500,000
Vesting of shares of common stock issued for services, shares     600,000         270,833
Vesting of shares of common stock issued for services, value     $ 60 $ 61,190   $ 61,250
Net income (loss)   $ (8,944,421) $ (8,944,421)
Balance preferred stock , shares at Dec. 31, 2015 107,636 20,000            
Balance common stock, shares at Dec. 31, 2015     151,508,127         151,508,127
Balance, value at Dec. 31, 2015 $ 11 $ 2 $ 15,151 $ 31,269,822 $ (23,694,349) $ 7,590,637