Quarterly report pursuant to Section 13 or 15(d)

CONDENSED STATEMENT OF STOCKHOLDERS' EQUITY (DEFICIT)

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CONDENSED STATEMENT OF STOCKHOLDERS' EQUITY (DEFICIT) - 3 months ended Mar. 31, 2017 - USD ($)
Common Stock [Member]
Additional Paid-in Capital [Member]
Retained Earnings [Member]
Total
Balance at Dec. 31, 2016 $ 22,588 $ 41,019,251 $ (43,829,043) $ (2,787,204)
Balance (in Shares) at Dec. 31, 2016 22,588,184     22,588,184
Sale of common stock $ 1,323 1,798,369   $ 1,799,692
Sale of common stock (in Shares) 1,322,929      
Common stock issued for services $ 325 453,424   $ 453,749
Common stock issued for services (in Shares) 325,000     325,000
Fair value of warrant issued to acquire research and development   543,927   $ 543,927
Stock based compensation $ 170 106,827   106,997
Stock based compensation (in Shares) 169,750      
Preferred Stock dividend   (23,745)   (23,745)
Net loss     (3,272,625) (3,272,625)
Balance at Mar. 31, 2017 $ 24,406 $ 43,898,053 $ 47,101,668 $ (3,179,209)
Balance (in Shares) at Mar. 31, 2017 24,405,863     24,405,863