v2.4.0.6

6. Fair Value Measurements (Tables)

9 Months Ended

Sep. 30, 2012

Schedule of Derivative Liabilities at Fair Value [Table Text Block]

The following is a reconciliation of the derivative liabilities for which level 3 inputs were used in determining fair value:

1/1/2012                     Beginning Balance			-
8/26/2012                   Initial recognition of debt derivative when February 2012 note payable became convertible		$	77,471
9/7/2012                     Settlement of derivative liabilities from $12,000 note conversion			(32,729	)
9/18/2012                   Initial recognition of debt derivative when March 2012 note payable became convertible			84,495
9/30/2012 Mark to market of debt derivatives			(1,016	)
9/30/2012                   Ending Balance		$	128,221

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- Definition

Tabular disclosure of derivative liabilities at fair value.

+ References

No definition available.

+ Details

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