Quarterly report pursuant to Section 13 or 15(d)

Convertible Debt Discount and derivative liability (Details)

v2.4.0.8
Convertible Debt Discount and derivative liability (Details) (USD $)
Jun. 30, 2013
Dec. 31, 2012
Convertible Debt Discount and derivative liability    
Debt discount against loan $ 500,000 $ 0
Derivative liability recorded. 552,988 0
Stock issued under the terms of convertible debt, volatility rate 151.45% 151.49%
Rate of dividends.(per annum) 0.00% 0.00%
Risk free interest rate % 0.27% 0.25%
Other income of change in fair value of derivative liability. $ 24,422 $ 0