Quarterly report pursuant to Section 13 or 15(d)

Condensed Statement Of Operations

v3.4.0.3
Condensed Statement Of Operations - USD ($)
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Condensed Statement Of Operations    
Revenues
Expenses:    
General and administrative $ 1,395,406 $ 1,524,700
Research and development 3,468,575 2,893,008
Total Expenses 4,863,981 4,417,708
Loss from Operations (4,863,981) (4,417,708)
Other Income (Expense)    
Interest income 28,871 30,582
Unrealized gain on fair value of warrants 855,955 115,415
Financing expense (169,887)  
Total Other Income (Expense) 714,939 145,997
Net Loss Before Provision for Income Taxes $ (4,149,042) $ (4,271,711)
Provision for income taxes
Net Loss $ (4,149,042) $ (4,271,711)
Net loss per share, basic and diluted $ (0.02) $ (0.02)
Weighted average number of shares outstanding, basic and diluted 202,586,807 179,097,897