Annual report pursuant to Section 13 and 15(d)

Significant Accounting Policies (Tables)

v2.4.1.9
Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2014
Accounting Policies [Abstract]  
Property and Equipment Useful Lives

The estimated useful lives used to compute depreciation and amortization are as follow:

 

Leasehold Improvements   5-10 years
Restaurant furnishings and equipment   3-10
Furniture and fixtures   3-10
Office and computer equipment   3-5

Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share

The following table summarizes the number of common shares potentially issuable upon the exercise of certain warrants, convertible notes payable and convertible interest as of December 31, 2014 and 2013, that have been excluded from the calculation of diluted net loss per common share since the effect would be antidilutive.

 

    December 31, 2014     December 31, 2013  
Warrants     8,715,804       7,322,125  
Convertible notes payable     2,626,900       637,592  
Convertible interest     42,306       282,600  
Total     11,385,010       8,242,317