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We performed a review of events subsequent to
the balance sheet date through the date the financial statements were issued and determined, except as disclosed herein, that there
were no other such events requiring recognition or disclosure in the financial statements.
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On October 1, 2014 the Company engaged a financial public relations firm to provide services for the months of October and November 2014 in exchange for 100,000 shares of Company common stock. |
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On October 2, 2014 we received $100,000 from a Series K investor. |
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On November 3, 2014 we received an additional $69,000 net of $6,000 in fees from the $175,000 convertible debt dated September 10, 2014. |
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On November 12, 2014 the Company closed the fifth tranche of its Series K Convertible Preferred Stock offering. The total raised in the round was $263,000, bringing the total Series K offering to over $3.3 million. The investors included all members of the Company's board of directors. $130,000 of the investment, received prior to September 30, 2014 and included in our cash balance at September 30, 2014, has been released. |
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