Quarterly report pursuant to sections 13 or 15(d)

SUPPLEMENTAL SCHEDULE OF NON-CASH FINANCING ACTIVITIES

v2.4.0.8
SUPPLEMENTAL SCHEDULE OF NON-CASH FINANCING ACTIVITIES
6 Months Ended
Jun. 30, 2013
Supplemental Cash Flow Elements [Abstract]  
Cash Flow, Supplemental Disclosures [Text Block]
SUPPLEMENTAL SCHEDULE OF NON-CASH INVESTING AND FINANCING ACTIVITIES

For the six months ended June 30, 2013:

a)  The Company incurred approximately $45,383 in capital lease obligations.

b) The Company issued 210,526 shares of the common stock in a cashless exercise of warrants for 250,000 shares at an exercise price of $0.03 per share.

For the six months ended June 30, 2012:

a)  The Company converted $43,946 of a Convertible Promissory Note at a fixed conversion rate of 1,975 shares per $1 for an aggregate of 86,793,693 shares of Class A common stock.

b)  The Company converted two (2) shares of its Series A Convertible Preferred Stock for 2,385,650 shares of Class A common stock.

c)  The Company bought back their 20% interest in SWK Technologies, Inc. for 22,664,678 shares of Class A common stock.

d)  The Company incurred $19,456 in capital lease obligations.