Quarterly report pursuant to Section 13 or 15(d)

ASSET ACQUISITION (Details 2)

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ASSET ACQUISITION (Details 2) (USD $)
0 Months Ended
May 30, 2014
Business Combinations [Abstract]  
REVENUES $ 1,839,000
OPERATING EXPENSES  
General and administrative 739,675
Professional fees 1,968,774
Research and development 4,637,590
Salaries and wages 1,484,923
Total Operating Expenses 8,830,962
OPERATING LOSS (6,991,962)
OTHER INCOME (EXPENSE)  
Interest expense (61,463)
Other income and expense 8,122
Total Other Income (Expense) (53,341)
NET LOSS $ (7,045,303)