Annual report pursuant to Section 13 and 15(d)

STATEMENTS OF OPERATIONS

v2.4.1.9
STATEMENTS OF OPERATIONS (USD $)
12 Months Ended
Dec. 31, 2014
Dec. 31, 2013
Income Statement [Abstract]    
Research and development expense $ 156,762us-gaap_ResearchAndDevelopmentExpense $ 485,429us-gaap_ResearchAndDevelopmentExpense
General and administrative expense 4,708,163us-gaap_GeneralAndAdministrativeExpense 4,096,118us-gaap_GeneralAndAdministrativeExpense
Loss from operations (4,864,925)us-gaap_OperatingIncomeLoss (4,581,547)us-gaap_OperatingIncomeLoss
Interest expense (314,316)us-gaap_InterestExpense  
Net loss $ (5,179,241)us-gaap_NetIncomeLoss $ (4,581,547)us-gaap_NetIncomeLoss
Net loss per share, basic and diluted (in dollars per share) $ (0.13)us-gaap_EarningsPerShareBasicAndDiluted $ (0.13)us-gaap_EarningsPerShareBasicAndDiluted
Weighted average number of common sharesutstanding, basic and diluted. The capital accounts have been retroactively restated to reflect the equivalent number of common shares based on the exchange ratio of the merger transaction in determining basic and diluted weighted average shares (see note 5). (in shares) 41,079,452us-gaap_WeightedAverageNumberOfShareOutstandingBasicAndDiluted 36,000,000us-gaap_WeightedAverageNumberOfShareOutstandingBasicAndDiluted