Common Stock (Details Narrative) (USD $)
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12 Months Ended | ||
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Dec. 31, 2013
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Dec. 31, 2012
Common Stock [Member]
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Dec. 31, 2012
Common Stock for Cash [Member]
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Common stock issued | 29,392 | ||
Common stock issued, value | $ 60,250 | ||
Common stock issued, price | $ 2.05 | ||
Exercise price | $ 2.40 | ||
Volatility | 239.00% | ||
Stock price | $ 2.48 | ||
Risk free rate | 1.75% | ||
Total allocation value | 60,250 | ||
Value of warrant | 30,019 | ||
Common stock issued | 118,306 | 1,427,604 | |
Common stock value | $ 207,028 | $ 2,576,371 |
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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
Common stock value. No definition available.
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- Definition
Common stock issued No definition available.
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- Definition
Custom Element. No definition available.
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- Definition
Share based compensation arrangement by share based payment award fair value assumptions exercise price. 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
Total allocation value. No definition available.
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