v2.4.0.8

Condensed Consolidated Statement of Cash Flows (Unaudited) (USD $)	3 Months Ended
	Sep. 30, 2014
Cash flows from operating activities:
Net loss before non-controlling interests	$ (3,483,937)
Adjustments to reconcile net loss before non-controlling interests to net cash used in operating activities:
Depreciation and amortization of property and equipment and intangible assets	50,261
Stock-based compensation	368,305
Changes in operating assets and liabilities:
Prepaids and retainers	24,999
Other assets	(3,000)
Accounts payable	304,479
Accrued expenses	155,237
Net cash used in operating activities	(2,583,656)
Cash flows from investing activities:
Purchases of property and equipment	(1,374)
Purchase of licensing rights	(1,000,000)
Net cash used in investing activities	(1,001,374)
Cash flows from financing activities:
Proceeds from issuance of common stock	2,308,743
Net cash provided by financing activities	2,308,743
Net decrease in cash and cash equivalents	(1,276,287)
Cash and cash equivalents at beginning of period	1,539,719
Cash and cash equivalents at end of period	263,432
Non-cash investing and financing activities:
Payment of payable in common stock	456,653
Exchange warrant option issued to acquire licensing rights	$ 476,000

Exchange warrant option issued to acquire licensing rights.

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