Eyes on the Go, Inc. (AXCG)

[DocLevi]

Might try this info site on filings ... so a company like Eyes on the Go, Inc.. that keeps current ... it highlights differences between previous. Its interesting just found last night Google'ing another company.

http://www.contexxia.com/a/organization/AXCG

The Company accounts for the conversion of convertible debt when a conversion option has been bifurcated using the general extinguishment standards. The debt and equity linked derivatives are removed at their carrying amounts and the shares issued are measured at their then-current fair value, with any difference recorded as a gain or loss on extinguishment of the two separate accounting liabilities. During the six months ending June 30, 2014, the Company recognized a loss on extinguishment of $339,513 from the conversion of convertible debt with a bifurcated conversion option.