CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) - USD ($) |
3 Months Ended | 9 Months Ended | ||
|---|---|---|---|---|
Sep. 30, 2015 |
Sep. 30, 2014 |
Sep. 30, 2015 |
Sep. 30, 2014 |
|
| REVENUE | $ 0 | $ 0 | $ 0 | $ 0 |
| OPERATING EXPENSES | ||||
| General and administrative expenses | 137,360 | 3,119,177 | 385,750 | 3,620,561 |
| LOSS FROM OPERATIONS | (137,360) | (3,119,177) | (385,750) | (3,620,561) |
| OTHER INCOME (EXPENSE) | ||||
| Interest expense | (186,847) | (52,644) | (401,875) | (171,368) |
| Impairment on investment | (10,000) | 0 | (20,000) | 0 |
| Total other income (expense) | (196,847) | (52,644) | (421,875) | (171,368) |
| NET LOSS | $ (334,207) | $ (3,171,821) | $ (807,625) | $ (3,791,929) |
| NET LOSS PER COMMON SHARE – Basic and diluted (in Dollars per share) | $ (0.04) | $ (9.36) | $ (0.15) | $ (13.73) |
| WEIGHT AVERAGE COMMON SHARES OUTSTANDING — Basic and diluted (in Shares) | 9,202,794 | 338,794 | 5,348,965 | 276,115 |