Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements of Stockholders' Equity (Deficit)

v2.4.0.6
Consolidated Statements of Stockholders' Equity (Deficit) (USD $)
Common Stock
Common Stock Payable
Additional Paid-In Capital
Accumulated Deficit
Total
Beginning Balance, Amount at Dec. 31, 2012 $ 23,218    $ 25,412,932 $ (31,826,169) $ (6,390,019)
Beginning Balance, Shares at Dec. 31, 2012 23,218,117        
Adjustment of derivative liability due to note repayment       15,406    15,406
Value of shares issuable for Boomtext earn-out payment    1,711,490       1,711,490
Stock based compensation       93,502    93,502
Net Loss          (2,423,215) (2,423,215)
Ending Balance, Amount at Mar. 31, 2013 $ 23,218 $ 1,711,490 $ 25,521,840 $ (34,249,384) $ (6,992,836)
Ending Balance, Shares at Mar. 31, 2013 23,218,117