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Convertible Promissory Notes Payable (Details Narrative) (USD $)
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12 Months Ended |
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Dec. 31, 2012
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| Sale of Convertible notes | $ 2,570,199 |
| Convertible notes interest rate | 12.00% |
| Note conversion description |
(i) one share of common stock of the Issuer, par value $0.001 per share, and (ii) a warrant to purchase 0.25 shares of common stock of the Issuer at an exercise price of $1.25 per share.The initial conversion ratio shall be equal to $1.00 per unit. |
| Accrued interest | 134,975 |
| Interest expense | $ 134,975 |
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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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- Definition
Interest expense related to convertible debt instruments which has been recognized for the period, including the contractual interest coupon and amortization of the debt discount, if any. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The cash inflow associated with the sale of a borrowing supported by a written promise to pay an obligation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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