Nine Months ended

September 30,

For the period

from March 29,

 2011 (date of

 inception)

through

September 30,

2013

2012

2013

Cash paid for interest

$ 95,042

$ 154,070

$ 438,277

Cash paid for income taxes

$ 100

$ 100

$ 300

Series C Dividend payable in accounts payable

$ 27,068

$ --

$ 27,068

Series D Dividend payable in accrued expenses

$ 24,407

$ --

$ 24,407

Non-Cash investing and financing transactions

Repayment of senior secured notes payable with issuance of Series D preferred shares

$ 749,982

$ --

$ 749,982