SUBSEQUENT EVENTS |
6 Months Ended |
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Jun. 30, 2015 | |
| Subsequent Events [Abstract] | |
| SUBSEQUENT EVENTS |
On July 15, 2015, the Company issued an aggregate of 400,000 shares of common stock upon conversion of 40,000 shares of Series E Preferred Stock, including 20,000 shares of Series E Preferred Stock held by the Chief Executive Officer.
On July 24, 2015, the Company issued an aggregate of 20,000 shares of common stock upon conversion of 20,000 shares of Series A Preferred Stock held by a former majority shareholder of the company.
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- References No definition available.
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- Definition The entire disclosure for significant events or transactions that occurred after the balance sheet date through the date the financial statements were issued or the date the financial statements were available to be issued. Examples include: the sale of a capital stock issue, purchase of a business, settlement of litigation, catastrophic loss, significant foreign exchange rate changes, loans to insiders or affiliates, and transactions not in the ordinary course of business. No definition available.
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