Common Stock (Details Narrative) (USD $)
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6 Months Ended | ||
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Jun. 30, 2012
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Jun. 30, 2013
Consultant And Directors [Member]
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Jun. 30, 2013
Agent [Member]
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Common stock issued | 443,500 | 9,292 | 297,500 |
Common stock issued, value | $ 887,000 | $ 18,583 | $ 534,500 |
Common stock issued, price | $ 2 | $ 2 | $ 2.00 |
Warrant exercise period | 5 years | ||
Warrant exercise price | $ 71,918 | ||
Expected term | 5 years | ||
Exercise price | $ 2 | ||
Volatility | 246.00% | ||
Stock price | $ 2.43 | ||
Risk free rate | 1.13% | ||
Professional fees and expenses | $ 60,500 | ||
Warrant issued | 29,750 |
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- Definition
Agreed-upon price for the exchange of the underlying asset relating to the share-based payment award. No definition available.
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- Definition
Expected term of share-based compensation awards, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The estimated measure of the percentage by which a share price is expected to fluctuate during a period. Volatility also may be defined as a probability-weighted measure of the dispersion of returns about the mean. The volatility of a share price is the standard deviation of the continuously compounded rates of return on the share over a specified period. That is the same as the standard deviation of the differences in the natural logarithms of the stock prices plus dividends, if any, over the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The risk-free interest rate assumption that is used in valuing an option on its own shares. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Number of shares of stock issued during the period that is attributable to transactions involving issuance of stock not separately disclosed. No definition available.
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- Definition
Value of shares of stock issued during the period that is attributable to transactions involving issuance of stock not separately disclosed. No definition available.
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- Definition
No authoritative reference available. No definition available.
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- Definition
Custom Element. No definition available.
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- Definition
Share issuances warrantsin the period No definition available.
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- Definition
Custom Element. No definition available.
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- Definition
Custom Element. No definition available.
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- Definition
Custom Element. No definition available.
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