Annual report pursuant to Section 13 and 15(d)

Capital Stock and Additional Paid-in Capital (Tables)

Capital Stock and Additional Paid-in Capital (Tables)

12 Months Ended

Dec. 31, 2014

Capital Stock And Additional Paid-In Capital Tables

		December 31, 2014 Number of shares																December 31, 2013 Number of shares
		Authorized				Outstanding				Amount				Authorized				Outstanding				Amount
										$												$
Capital Stock

Preferred stock, $0.001 par value			5,000,000				28,092				28				5,000,000				28,092				28
Common stock, $0.001 par value			100,000,000				24,094,551				24,095				100,000,000				18,758,657				18,760
Common shares to be issued							675,000				675
Additional Paid-in Capital											7,162,660												6,116,054

Assumption used to estimate the fair value of stock warrants

The assumptions used to estimate the fair value of stock warrants on the grant date were as follows:

Issuance Date		Expected volatility				Risk-free rate				Expected term (years)				Dividend yield
December 16, 2009			204.70	%			0.11	%			3				0.00	%