Annual report pursuant to Section 13 and 15(d)

Consolidated Statement of Changes in Stockholders??? Equity (Deficit)

v3.7.0.1
Consolidated Statement of Changes in Stockholders’ Equity (Deficit) - USD ($)
Common Stock [Member]
Additional Paid-In Capital [Member]
Common Stock Subscribed [Member]
Accumulated Deficit [Member]
Total
Balance at Dec. 31, 2014 $ 6,060 $ 12,052,575 $ (10,044,067) $ 2,014,568
Balance, shares at Dec. 31, 2014 60,600,000        
Share based compensation 857,311 857,311
Warrants issued in connection with DelMorgan service agreement 20,114 20,114
Warrants issued for extension of note payable terms 424,758 424,758
Shares issued as payment for vendor services $ 12 34,666 34,678
Shares issued as payment for vendor services, shares 124,000        
Shares issued in connection with Songstagram settlement agreements $ 82 529,918 530,000
Shares issued in connection with Songstagram settlement agreements, shares 820,000        
Shares issued as board compensation $ 110 123,799 123,909
Shares issued as board compensation, shares 1,100,000        
Shares issued as employee compensation $ 122 607,378 607,500
Shares issued as employee compensation, shares 1,215,000        
Fair value of warrants and conversion feature of debt extension        
Net loss (6,955,228) (6,955,228)
Balance at Dec. 31, 2015 $ 6,386 14,650,519 (16,999,295) (2,342,390)
Balance, shares at Dec. 31, 2015 63,859,000        
Fair value vested options 457,881 457,881
Fair value of common shares, warrants and beneficial conversion feature on issued convertible notes $ 24 33,067   33,091
Fair value of common shares, warrants and beneficial conversion feature on issued convertible notes, shares 240,000        
Fair value of warrants and conversion feature of debt extension 455,975 (455,975)
Stock repurchase $ (831) (165,395) (166,226)
Stock repurchase, shares (8,311,324)        
Proceeds from sale of common stock $ 3,133 1,540,917 (20,020) 1,524,030
Proceeds from sale of common stock, shares 31,335,556        
Share based compensation - shares issued for vendor services $ 638 726,201 726,839
Share based compensation - shares issued for vendor services, shares 6,388,334        
Share based compensation - shares issued for BOD services $ 115 116,567 116,682
Share based compensation - shares issued for BOD services, shares 1,150,000        
Net loss (4,274,105) (4,274,105)
Balance at Dec. 31, 2016 $ 9,465 $ 17,815,732 $ (20,020) $ (21,273,400) $ (3,468,223)
Balance, shares at Dec. 31, 2016 94,661,566