Quarterly report pursuant to Section 13 or 15(d)

3. Summary of Significant Accounting Policies (Details 2)

v2.4.0.8
3. Summary of Significant Accounting Policies (Details 2) (USD $)
 3 Months Ended
Mar. 31, 2014
Mar. 31, 2013
Numerator:    
Net loss $ (1,759,655) $ (779,369)
Accrued dividend for Preferred Stock (44,987) (32,173)
Deemed dividend on Series K convertible preferred stock (1,280,066)   
Deemed dividend on Series J Convertible Preferred Stock    (582,548)
Net loss applicable to common shareholders $ (3,084,708) $ (1,394,090)
Denominator for basic and diluted loss per share:    
Weighted average common stock shares outstanding 12,122,045 12,149,267
Loss per common share - basic and diluted $ (0.25) $ (0.11)