Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED STATEMENT OF SHAREHOLDERS' EQUITY

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CONDENSED CONSOLIDATED STATEMENT OF SHAREHOLDERS' EQUITY - 6 months ended Jun. 30, 2015 - USD ($)
Total
Common Stock [Member]
Additional Paid-in Capital [Member]
Accumulated Deficit [Member]
Accumulated Other Comprehensive Loss [Member]
Balance at Dec. 31, 2014 $ 14,320,597 $ 9,712 $ 18,979,976 $ (4,460,129) $ (208,962)
Balance (in shares) at Dec. 31, 2014   9,711,604      
Net loss (2,653,288) $ 0 0 (2,653,288) 0
Foreign currency translation adjustment (87,495) 0 0 0 (87,495)
Forfeiture of shares issued to acquired businesses (132,880) $ (54) (132,826) 0 0
Forfeiture of shares issued to acquired businesses (in shares)   (53,797)      
Restrcited share units vested 0 $ 64 (64) 0 0
Restrcited share units vested (in shares)   64,167      
Stock-based compensation expense 212,744 $ 0 212,744 0 0
Balance at Jun. 30, 2015 $ 11,659,678 $ 9,722 $ 19,059,830 $ (7,113,417) $ (296,457)
Balance (in shares) at Jun. 30, 2015   9,721,974