Subsequent transactions (Details) (USD $)
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Aug. 01, 2014
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Jul. 19, 2014
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Jul. 15, 2014
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Jul. 13, 2014
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Subsequent transactions | ||||
Mr. Payne received warrants to purchase shares of common stock | 50,000 | |||
Exercise price per share issued to Mr.Payne | $ 0.14 | |||
Warrants to purchase shares of common stock vested per quarter | 12,500 | |||
The terms of the appointment also includes a cash payment of paid quarterly. | 10,000 | |||
Lender has agreed to advance up to a total as per third Amendment to Loan Agreement | $ 6,000,000 | |||
The Lender has funded an additional amount of advance | 1,035,000 | |||
Current total outstanding debt | 5,085,000 | |||
Company wrote off the receivable and recorded other expense | 118,467 | |||
Company came to an agreement with a vendor whereby the vendor agreed to reduce a payable | 93,683 | |||
Company has reduced Accounts Payable and recorded Other Income | $ 93,683 |
X | ||||||||||
- Definition
Company came to an agreement with a vendor whereby the vendor agreed to reduce a payable No definition available.
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- Definition
Company has reduced Accounts Payable and recorded Other Income No definition available.
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X | ||||||||||
- Definition
Company wrote off the receivable and recorded other expense No definition available.
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X | ||||||||||
- Definition
Current total outstanding debt as on date No definition available.
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X | ||||||||||
- Definition
Exercise price per share issued to Mr.Payne to purchase shares of common stock No definition available.
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X | ||||||||||
- Definition
Lender has agreed to advance up to a total as per third Amendment to Loan Agreement No definition available.
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X | ||||||||||
- Definition
Mr. Payne received warrants to purchase shares of common stock No definition available.
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X | ||||||||||
- Details
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X | ||||||||||
- Definition
The Lender has funded an additional amount of advance No definition available.
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X | ||||||||||
- Definition
The terms of the appointment also includes a cash payment of paid quarterly. No definition available.
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X | ||||||||||
- Definition
Warrants to purchase shares of common stock vested per quarter No definition available.
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