v2.4.0.8

Derivative Liabilities (Details 2) (USD $) |  |  | 6 Months Ended
--- | --- | --- | ---
Jun. 30, 2014 | Dec. 31, 2013 | Jun. 30, 2014 Fair Value, Measurements, Recurring [Member]
Summary of changes in fair value of Level 3 financial liabilities |  |  |
Beginning balance | $ 3,917,722 | $ 775,596 | $ 775,596
Issuance of derivative financial instruments in 2014 |  |  | 3,020,526
Net unrealized (gain) loss on derivative financial instruments |  |  | (2,090,356)
Ending balance | $ 3,917,722 | $ 775,596 | $ 1,705,766

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- Definition Amount of increase (decrease) of financial instrument classified as a liability measured using unobservable inputs that reflect the entity's own assumption about the assumptions market participants would use in pricing. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=36462937&loc=d3e19207-110258 + Details
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- Definition Amount of purchases, (sales), issuances and (settlements) of financial instrument classified as a liability measured using unobservable inputs that reflect the entity's own assumption about the assumptions market participants would use in pricing. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph c -URI http://asc.fasb.org/extlink&oid=36462937&loc=d3e19207-110258 + Details
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- Definition Fair value of financial instrument classified as a liability measured using unobservable inputs that reflect the entity's own assumption about the assumptions market participants would use in pricing. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=36462937&loc=d3e19207-110258 + Details
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