Annual report pursuant to section 13 and 15(d)

Shareholders Equity

v2.4.0.8
Shareholders Equity (USD $)
Common Stock
Additional Paid-In Capital
Stock Warrants
Stock Subscription Receivable
Accumulated Deficit
Accumulated Other Comprehensive Income (Loss)
Total
Beginning balance, amount at Dec. 31, 2011 $ 37,507 $ 1,915,311 $ 513,181 $ (3,915) $ (2,187,231) $ 64,960 $ 339,812
Beginning balance, shares at Dec. 31, 2011 37,508,091            
Net loss             621,726
Net income         621,726   621,726
Other comprehensive income           (460,706) (460,706)
Share based compensation expense 804 90,348         91,152
Share based compensation expense, shares 802,500            
Expiration of previously issued warrants   111,354 (111,354)        
Write-off of uncollectible stock subscription receivable   (3,916)   3,916      
Ending balance, amount at Dec. 31, 2012 38,311 2,113,097 401,827   (1,565,505) (395,746) 591,984
Ending balance, shares at Dec. 31, 2012 38,310,591            
Net loss             563,317
Other comprehensive income           118,137 118,137
Share based compensation expense   5,805         5,805
Expiration of previously issued warrants   211,774 (211,774)        
Ending balance, amount at Dec. 31, 2013 $ 38,311 $ 2,330,676 $ 190,053   $ (1,002,188) $ (277,609) $ 1,279,243
Ending balance, shares at Dec. 31, 2013 38,310,591