NOTE PAYABLE, CONVERTIBLE - Related Party (Details) (USD $)
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3 Months Ended | ||
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Mar. 31, 2013
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Mar. 31, 2012
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Dec. 31, 2012
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Short-term Debt [Line Items] | |||
Principal | $ 82,500 | $ 82,500 | |
Unamortized discount | (893) | (12,958) | |
Principal, net of Discount | 40,513 | 24,953 | |
Proceeds from convertible notes, shareholders | 62,500 | ||
Notes Payable Convertible Related Parties [Member]
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Short-term Debt [Line Items] | |||
Principal | 66,000 | 66,000 | |
Unamortized discount | (25,487) | (41,047) | |
Principal, net of Discount | 40,513 | 24,953 | |
Original issue discount | 6,000 | ||
Number of shares issued, if debt is converted | 1,320,000 | ||
Conversion price of common stock | $ 0.05 | ||
Value of beneficial conversion options | 28,571 | ||
Number of common stock entitled to purchase | 1,320,000 | ||
Exercise price of warrants | $ 0.1 | ||
Expected dividend yields | 0.00% | ||
Expected volatility | 462.61% | ||
Risk free interest rate | 0.102% | ||
Fair value of warrants | 31,429 | ||
Proceeds from convertible notes, shareholders | $ 60,000 |
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- Definition
Exercise price of the warrants. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
ConvertibleRelatedPartyNotesPayable No definition available.
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- Definition
Fair Value Of Warrants No definition available.
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- Definition
Proceeds from notes payable (convertible), net - related party No definition available.
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- Definition
Amount of noncash expense included in interest expense to amortize debt discount and premium associated with the related debt instruments. Excludes amortization of financing costs. Alternate captions include noncash interest expense. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The specified number of securities that each class of warrants or rights outstanding give the holder the right but not the obligation to purchase from the issuer at a specific price, on or before a certain date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of a favorable spread to a debt holder between the amount of debt being converted and the value of the securities received upon conversion. This is an embedded conversion feature of convertible debt issued that is in-the-money at the commitment date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The number of equity instruments that the holder of the debt instrument would receive if the debt was converted to equity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The stated principal amount of the debt instrument at time of issuance, which may vary from the carrying amount because of unamortized premium or discount. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The amount of debt discount that was originally recognized at the issuance of the instrument that has yet to be amortized. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Agreed upon price for the exchange of the underlying asset. 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
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
Risk-free interest rate assumption used in valuing an instrument. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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