Capital Change=shs decreased by 1 for 20000 split. Ex-date=07/02/2014.
CURRENT LIABILITIES
Accounts payable and accrued expenses
$
49,956
$
39,293
Customer deposits
3,540
9,540
Note payable – REIT
2,000,000
Judgments payable
2,300,948
2,300,948
Derivative liability
$
1,997,440
$
464,993
Debt issuance costs
(143,179)
(9,031)
Convertible debentures payable, net
157,033
73,738
TOTAL CURRENT LIABILITIES
$
6,365,738
$
2,879,482
STOCKHOLDERS' (DEFICIT)
Common stock ($.01 par value, unlimited shares authorized; 29,843 and approximately 14,252 common shares issued and outstanding at June 30, 2014 and December 31, 2013, respectively).
298
143
Preferred stock, Series A Redeemable Cumulative ($5.00 par value, 5,000,000 shares authorized; 271,998 issued and outstanding)
1,359,990
1,359,990
Preferred stock, Series A Redeemable - to be issued
3,510
3,510
Preferred stock, Series C Redeemable, Cumulative ($5.00 par value, 500,000 shares authorized, 500,000 shares issued and outstanding)
2,500,000
2,500,000
Preferred stock, Series C Redeemable, reserves
(2,500,000)
(2,500,000)
Preferred stock, Series D Convertible ($5.00 par value,500,000 shares authorized, 100,000 shares issued and outstanding)
500,000
500,000
Preferred stock, Series E Redeemable Cumulative ($200.00 par value, 25,000 shares authorized, -0- shares issued and outstanding)
Preferred stock, Series F Cumulative Redeemable ($100.00 par value, 500,000 shares authorized, 80,000 and -0- shares issued and outstanding as of June 30, 2014 and December 31, 2013 respectively)
8,000,000
-
Preferred stock, Series G Convertible ($1.00 par value, 1,000,000 shares authorized, 1,000,000 and -0- shares issued and outstanding as of June 30, 2014 and December 31, 2013. respectively)
1,000,000
Subscriptions receivable
(43,642,694)
(43,642,694)
Options (1,283 and -0- issued and outstanding at June 30, 2014 and December 31, 2013, respectively)
4,500,950
4,500,950
Warrants (issued with preferred stock and debt)
1,567,255
1,546,372
Deferred equity offering costs
(7,508,010)
(7,508,010)
Additional paid in capital
51,086,807
49,879,489
Retained (deficit)
(23,134,335)
(9,380,409)
TOTAL STOCKHOLDERS' (DEFICIT)
$
(6,266,229)
$
(2,740,659)
TOTAL LIABILITIES AND STOCKHOLDERS' (DEFICIT)
$
99,509
$
138,823
