STOCK PURCHASE WARRANTS AND OPTIONS (Warrants - Narrative) (Details) (USD $)
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1 Months Ended | ||
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Feb. 24, 2012
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Aug. 15, 2012
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May 11, 2012
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Warrants Issued To Related Party [Member]
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Class of Warrant or Right [Line Items] | |||
Number of common stock entitled to purchase | 1,320,000 | ||
Common stock, price per share | 0.10 | ||
Accredited Investor [Member]
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Class of Warrant or Right [Line Items] | |||
Number of common stock entitled to purchase | 1,375,000 | 275,000 | |
Common stock, price per share | $ 0.10 | $ 0.10 | |
Fair value assumption, dividend yield | 0.00% | 0.00% | 0.00% |
Fair value assumption, expected volatility | 462.61% | 462.61% | 462.61% |
Fair value assumption, risk-free interest rate | 0.89% | 0.102% | 0.89% |
Fair value assumption, expected lives | 5 years | 5 years | 3 years |
Exercise price of warrant issued | 0.075 | 0.075 |
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- Definition
The exercise price of each class of warrants or rights outstanding. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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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
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
Risk-free interest rate assumption used in valuing an instrument. 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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