Convertible Debt to issue warrants (Details) (USD $)
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6 Months Ended |
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Jun. 30, 2012
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Term of warrants (in years) | 3 |
Number of shares agreed to issue the lender warrants to purchase | 833,333 |
Common stock exercise price per share | $ 0.12 |
Total value of warrants invested | $ 500,000 |
Warrants issuable per $100,000 invested | 166,667 |
Restricted stock per share | $ 0.12 |
Interest percentage. | 11 |
In the event of prepayment of notice, must pay additional percentage of outstanding principal amount | 5 |
Finders Fee in cash Oxford Holdings | 27,600 |
Warrants issuable Oxford Holdings | 200,000 |
Common stock at an exercise price Oxford Holdings | $ 0.15 |
Warrants term Oxford Holdings (in years) | 2 |
Non accountable expense allowance Oxford Holdings | 15,000 |
Legal Fees Ventures Group | $ 10,000 |
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Common stock at an exercise price Oxford Holdings No definition available.
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Common stock exercise price per share No definition available.
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Finders Fee in cash Oxford Holdings No definition available.
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Interest percentage. No definition available.
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In the event of prepayment of notice, must pay additional percentage of outstanding principal amount No definition available.
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Legal Fees Ventures Group No definition available.
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Non accountable expense allowance Oxford Holdings No definition available.
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Number of shares agreed to issue the lender warrants to purchase No definition available.
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Restricted stock per share No definition available.
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Term of warrants (in years) No definition available.
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Total value of warrants invested No definition available.
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Warrants issuable per $100,000 invested No definition available.
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Warrants issuable Oxford Holdings No definition available.
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Warrants term Oxford Holdings (in years) No definition available.
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