Preferred Stock (Narrative) (Details) |
12 Months Ended |
|---|---|
Dec. 31, 2014 | |
| Preferred Stock Series A [Member] | |
| Convertible preferred stock conversion description | Each share of Series A Convertible Preferred Stock shall be convertible at the option of the holder, to convert all or any portion of the shares of Series A Convertible Preferred Stock held by such holder into a number of shares of fully paid and non-assessable Common Stock at the rate of five (5) shares of Common Stock for each share of Series A Convertible Preferred Stock (the "Conversion Rate"), subject to adjustment. |
| Convertible preferred stock voting rights | Holders of Series A Preferred Stock shall not have any voting rights. |
| Convertible preferred stock dividend rights | Holders of shares of Series A Convertible Preferred Stock, in preference to the holders of common stock, shall be entitled to receive dividends when, as and if declared by the Board of Directors out of funds legally available. |
| Preferred Stock Series B [Member] | |
| Convertible preferred stock conversion description | Each share of Series B Convertible Preferred Stock shall be convertible at the option of the holder thereof and without the payment of additional consideration by the Holder thereof, at any time, into shares of common stock on the optional conversion date (as hereinafter defined) at a conversion rate of two hundred fifty (250) shares of common stock (the “Conversion Rate”) for every one (1) share of Class B Convertible Preferred Stock, subject to adjustment as provided in the designation. |
| Convertible preferred stock voting rights | The holders of Class B Convertible Preferred Stock shall have the right to cast three thousand (3,000) votes for each share held of record on all matters submitted to a vote of holders of the Corporation’s common stock, including the election of directors, and all other matters as required by law. There is no right to cumulative voting in the election of directors. The holders of Class B Convertible Preferred Stock shall vote together with all other classes and series of common stock of the Corporation as a single class on all actions to be taken by the common stock holders of the Corporation except to the extent that voting as a separate class or series is required by law. |