Warrant Payable (Details Textual) (USD $)
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3 Months Ended | 6 Months Ended | |||
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Jun. 30, 2014
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Jun. 30, 2013
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Jun. 30, 2014
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Jun. 30, 2013
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Dec. 31, 2013
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Warrant Payable [Line Items] | |||||
Business Acquisition, Share Price | $ 1.58 | $ 1.58 | |||
Warrants payable | $ 247,800 | $ 247,800 | $ 1,216,000 | ||
Fair value assumptions, expected volatility rate | 84.00% | ||||
Fair value assumptions weighted average interest rate | 0.11% | ||||
Fair value assumptions, expected term | 1 year | ||||
Fair value assumptions, expected dividend rate | 0.00% | ||||
Gain on change in fair value of derivative warrant liability | $ 474,800 | $ 0 | $ 968,200 | $ 0 |
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- Definition
Weighted average interest rate assumption used in valuing an instrument. No definition available.
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- Details
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- Definition
Warrants payable. No definition available.
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- Definition
Price of a single share of a number of saleable stocks paid or offered to be paid in a business combination. No definition available.
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- Definition
Amount of increase in the fair value of derivatives recognized in the income statement. 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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