Quarterly report pursuant to Section 13 or 15(d)

Convertible note Lender Agreements (Details)

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Convertible note Lender Agreements (Details) (USD $)
Apr. 16, 2013
Convertible note Lender Agreements  
Lender has agreed to advance up to a total $ 3,750,000
Lender had advanced the Company 2,707,780
Company's restricted common stock conversion price $ 0.12
Discount off of the ten day trailing quoted price of the common stock 25.00%
Interest at the rate of per annum 11.00%
The Company was obligated pursuant to the terms of the Note to issue its common stock warrants 1,666,667
Shares of its common stock to be issued 600,000
Value of Shares of its common stock to be issued 192,000
Based on a closing share price $ 0.32
Company valued the common stock warrants at $ 481,110
Remaining term in years 3.46
volatility rate of 148.44%
Annual rate of dividends of 0.00%
Risk free interest rate of 0.25%