Annual report pursuant to section 13 and 15(d)

STOCKHOLDERS EQUITY

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STOCKHOLDERS EQUITY
12 Months Ended
Dec. 31, 2013
Equity [Abstract]  
STOCKHOLDERS EQUITY

We had 65,000,000 shares of $.001 par value common stock and 10,000,000 shares of $.001 par value preferred stock authorized as of December 31, 2013.

 

In March 2012, our Board of Directors approved a stock grant for a small group of employees that granted 802,500 shares of restricted common stock valued at $0.10 per share. There were 38,310,591 common shares and no preferred shares issued and -0- outstanding at December 31, 2013 and 2012.