Related Party (Details) (USD $)
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0 Months Ended | 3 Months Ended | 6 Months Ended | 46 Months Ended | ||
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Apr. 29, 2013
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Jun. 30, 2013
Note
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Jun. 30, 2012
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Jun. 30, 2013
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Jun. 30, 2012
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Jun. 30, 2013
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Related Party (Textual) | ||||||
Expected life | 5 years | |||||
Term for support services contract | 2 years | |||||
Commissions paid by company to its CEO | $ 500 | $ 0 | $ 8,500 | $ 0 | $ 86,500 | |
Accounting and tax service fees | 9,913 | 0 | 9,913 | 0 | 78,826 | |
Percentage of gross profits payable for royalties to licensors | 10.00% | |||||
Warrants issued to a company | 2,200,000 | |||||
Number of warrants expired | 2,200,000 | |||||
Warrants expiration period | 3 years | |||||
Number of Notes issued | 5 | |||||
Amount of notes issued | 145,000 | 145,000 | 145,000 | |||
Number of notes repaid | 2 | |||||
Notes repaid amount | 25,108 | |||||
Interest rate on notes issued | 12.00% | 12.00% | 12.00% | |||
Warrants exercise price | 1.31 | |||||
Fair value of warrants on date of grant | $ 2,253,119 | |||||
Warrants [Member]
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Related Party (Textual) | ||||||
Expected volatility | 144.00% | |||||
Discount rate | 0.32% | |||||
Expected life | 3 years | |||||
Dividend yield | 0.00% |
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- Definition
Fair value assumptions discount rate. No definition available.
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- Definition
Fair value of warrants on date of grant. No definition available.
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- Definition
Number of notes repaid. No definition available.
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- Definition
Number of promissory notes issued. No definition available.
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- Definition
Number of warrants expired. No definition available.
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- Definition
Percentage of gross profits payable for royalties to licensors No definition available.
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- Details
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X | ||||||||||
- Definition
Term for support services contract. No definition available.
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- Definition
Warrants exercise price. No definition available.
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- Definition
Warrants expiration period. No definition available.
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- Definition
Warrants issued to related party. No definition available.
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X | ||||||||||
- Definition
Face (par) amount of debt instrument at time of issuance. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Effective interest rate for the funds borrowed under the debt agreement considering interest compounding and original issue discount or premium. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Expected dividends to be paid to holders of the underlying shares or financial instruments (expressed as a percentage of the share or instrument's price). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Period the instrument, asset or liability is expected to be outstanding, 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
Measure of dispersion, in percentage terms (for instance, the standard deviation or variance), for a given stock price. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The amount of cash paid for commissions during the current period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The amount of cash paid during the current period for fees which are not defined elsewhere in the taxonomy. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The cash outflow for the payment of a long-term borrowing made from a related party where one party can exercise control or significant influence over another party; including affiliates, owners or officers and their immediate families, pension trusts, and so forth. Alternate caption: Payments for Advances from Affiliates. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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