Quarterly report pursuant to Section 13 or 15(d)

Convertible debt additional advances from HEP Investments (Details)

v2.4.0.6
Convertible debt additional advances from HEP Investments (Details) (USD $)
3 Months Ended
Mar. 31, 2012
Debt Discount reocreded in the books. $ 500,000
Pricipal amount of the debt. 500,000
Reduction to carrying amount of convertible debt and as an additional paid in capital 445,147
Fair value of the warrants. 54,853
Volatility rate minimum range. 140.93%
Volatility rate maximum range. 143.36%
Rate of dividends. 0.00%
Risk free interest rate. 0.25%
Non cash financing charges (in connection with $325,000 in convertible notes) 16,575
Threshold amount as per the terms of agreement 250,000
Differential amount classified as Loan payable until threshold is reached $ 236,592