STOCK PURCHASE WARRANTS AND OPTIONS (Stock Options - Narrative) (Details) (USD $)
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0 Months Ended | ||||||
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Aug. 02, 2012
Stock Options Issued To President And CFO [Member]
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Aug. 02, 2012
Stock Options Issued To New COO [Member]
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Jul. 07, 2009
Three Consultants [Member]
Range One [Member]
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Jul. 07, 2009
Three Consultants [Member]
Range Two [Member]
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Jul. 07, 2009
Three Consultants [Member]
Range Three [Member]
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Jul. 07, 2009
Three Consultants [Member]
Range Four [Member]
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Jul. 07, 2009
Three Consultants [Member]
Range Five [Member]
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Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | |||||||
Share options issued | 250,000 | 100,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
Dividend yield | 0.00% | 0.00% | |||||
Volatility | 462.61% | 462.61% | |||||
Risk free interest rate | 0.61% | 0.61% | |||||
Expected life in years | 5 years | 5 years | |||||
Options vested | 100,000 | ||||||
Vesting period | 3 years | 3 years | |||||
Common stock, price per share | $ 0.04 | $ 0.04 | |||||
Exercise price | $ 1.0 | $ 2.0 | $ 3.0 | $ 4.0 | $ 5.0 | ||
Share-based compensation | $ 4,000 |
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- Definition
Represents the expense recognized during the period arising from equity-based compensation arrangements (for example, shares of stock, unit, stock options or other equity instruments) with employees, directors and certain consultants qualifying for treatment as employees. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Period which an employee's right to exercise an award is no longer contingent on satisfaction of either a service condition, market condition or a performance condition, 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 number of equity-based payment instruments, excluding stock (or unit) options, that vested during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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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
The estimated dividend rate (a percentage of the share price) to be paid (expected dividends) to holders of the underlying shares over the option's term. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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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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- Details
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- Definition
Number of share instruments newly issued under a share-based compensation plan. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Price of a single share of a number of saleable stocks of a company. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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