Quarterly report pursuant to sections 13 or 15(d)

Consolidated Statement of Stockholders' Equity (Deficit)

v2.4.0.8
Consolidated Statement of Stockholders' Equity (Deficit) (USD $)
Total
Common Stock
Common Stock Subscribed
Additional Paid-in Capital
Deficit Accumulated During the Development Stage
Balance at Mar. 09, 2010 $ 100 $ 0 $ 0 $ 100 $ 0
Balance (in shares) at Mar. 09, 2010   0      
Issuance of common stock 0 5,881 (5,881) 0 0
Issuance of common stock (in shares)   5,880,667      
Net loss (505,630) 0 0 0 (505,630)
Balance at Jun. 30, 2011 (505,530) 5,881 (5,881) 100 (505,630)
Balance (in shares) at Jun. 30, 2011   5,880,667      
Net loss (783,383) 0 0 0 (783,383)
Balance at Jun. 30, 2012 (1,288,913) 5,881 (5,881) 100 (1,289,013)
Balance (in shares) at Jun. 30, 2012   5,880,667      
Stock-based compensation (Unaudited) 3,687,502 0 0 3,687,502 0
Warrant expense (Unaudited) 191,126 0 0 191,126 0
Conversion of equity in reverse merger acquisition (24,470) 786 5,881 (31,137) 0
Conversion of equity in reverse merger acquisition (in shares)   786,000      
Net loss (6,727,457) 0 0 0 (6,727,457)
Balance at Jun. 30, 2013 (4,162,212) 6,667 0 3,847,591 (8,016,470)
Balance (in shares) at Jun. 30, 2013   6,666,667      
Stock-based compensation (Unaudited) 495,120 0 0 495,120 0
Beneficial conversion feature (Unaudited) 2,922,938 0 0 2,922,938 0
Fair value of warrants for financing and conversion 4,863,979 0 0 4,863,979 0
Issuance of common stock 2,306,276 3,186 0 2,303,090 0
Issuance of common stock (in shares)   3,186,222      
Issuance of common stock for note conversions 4,431,943 4,588 0 4,427,355 0
Issuance of common stock for note conversions (in shares)   4,588,457      
Issuance of common stock as repayment of related party balance 275,000 176 0 274,824 0
Issuance of common stock as repayment of related party balance (in shares)   176,283      
Net loss (7,725,223) 0 0 0 (7,725,223)
Balance at Mar. 31, 2014 $ 3,407,821 $ 14,617 $ 0 $ 19,134,897 $ (15,741,693)
Balance (in shares) at Mar. 31, 2014   14,617,629