Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statement of Stockholders' Equity (Deficit)

v3.7.0.1
Consolidated Statement of Stockholders' Equity (Deficit) - 3 months ended Mar. 31, 2017 - USD ($)
Common Stock [Member]
Additional Paid In Capital [Member]
Retained Earnings [Member]
Noncontrolling Interest [Member]
Total
Balance at Dec. 31, 2016 $ 155,763 $ 326,564,148 $ 394,855,034 $ 468,910 $ (67,666,213)
Balance, shares at Dec. 31, 2016 155,762,729        
Issued stock in payment of Board retainers $ 16 10,484     10,500
Issued stock in payment of Board retainers, shares 16,406        
Issued stock in payment of employee bonuses $ 707 367,105     367,812
Issued stock in payment of employee bonuses, shares 707,353        
Issued stock upon exercise of warrants $ 5,412 48,707     54,119
Issued stock upon exercise of warrants, shares 5,411,850        
Issued warrants in connection with Asset Sale   3,337,187     3,337,187
Issued warrants for extension of license agreement   333,719     333,719
Stock compensation expense   147,165     147,165
Net income     85,581,227 (202) 85,581,025
Reclassification of funds invested (see Note 8)       200,000 200,000
Balance at Mar. 31, 2017 $ 161,898 $ 330,808,515 $ 309,273,807 $ 668,708 $ 22,365,314
Balance, shares at Mar. 31, 2017 161,898,338