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Convertible note Lender Agreements (Details) (USD $)
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Apr. 16, 2013
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| 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% |
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- Definition
Annual rate of dividends assumption No definition available.
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Based on a closing share price No definition available.
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Company's restricted common stock conversion price No definition available.
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- Definition
Company valued the common stock warrants at No definition available.
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- Details
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- Definition
Discount off of the ten day trailing quoted price of the common stock No definition available.
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- Definition
Interest at the rate of per annum No definition available.
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- Definition
Lender had advanced the Company No definition available.
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- Definition
Lender has agreed to advance up to a total No definition available.
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- Definition
Remaining term in years No definition available.
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Risk free interest rate assumption No definition available.
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Shares of its common stock to be issued No definition available.
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- Definition
The Company was obligated pursuant to the terms of the Note to issue its common stock warrants No definition available.
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- Definition
Value of Shares of its common stock to be issued No definition available.
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- Definition
volatility rate of warrants No definition available.
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