v2.4.0.8
STOCK BASED COMPENSATION (Tables)
6 Months Ended
Jun. 30, 2014
Stock Options | Directors, officers and employees
 
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Schedule of summarizes of option activity
 
 
Number of Shares
  
Weighted
Average
Exercise Price
per Share
  
Weighted
Average Grant
Date Fair Value
 per Share
  
Weighted
Average
Remaining
Exercise Term
in Months
 
Outstanding at December 31, 2010
  
4,940,000
  
$
0.56
  
$
0.33
   
77
 
Exercisable at December 31, 2010
  
1,854,625
  
$
0.53
  
$
0.32
   
75
 
Granted
  
3,425,000
   
0.63
   
0.28
   
54
 
Exercised
  
(29,750
)
  
0.41
   
0.26
   
40
 
Forfeited
  
-
   
-
   
-
   
-
 
Expired
  
-
   
-
   
-
   
-
 
Outstanding at December 31, 2011
  
8,335,250
  
$
0.59
  
$
0.31
   
58
 
Exercisable at December 31, 2011
  
4,588,875
  
$
0.57
  
$
0.31
   
60
 
Granted
  
2,025,000
   
0.13
   
0.05
   
40
 
Exercised
  
-
   
-
   
-
   
-
 
Forfeited
  
(1,315,375
)
  
0.61
   
0.27
   
40
 
Expired
  
(1,314,375
)
  
0.55
   
0.29
   
51
 
Outstanding at December 31, 2012
  
7,730,500
  
$
0.48
  
$
0.25
   
44
 
Exercisable at December 31, 2012
  
6,080,000
  
$
0.54
  
$
0.29
   
46
 
Granted
  
2,100,000
   
0.29
   
0.12
   
45
 
Exercised
  
(21,126
)
  
0.11
   
0.04
   
29
 
Forfeited
  
-
   
-
   
-
   
-
 
Expired
  
(505,000
)
  
0.70
   
0.20
   
-
 
Outstanding at December 31, 2013
  
9,304,374
  
$
0.44
  
$
0.23
   
39
 
Exercisable at December 31, 2013
  
6,670,937
  
$
0.51
  
$
0.27
   
38
 
Granted
                
Exercised
                
Forfeited
                
Expired
                
Outstanding at June 30, 2014
  
9,304,374
  
$
0.44
  
$
0.23
   
39
 
Exercisable at June 30, 2014
  
6,670,937
  
$
0.51
  
$
0.27
   
38
 
 
Stock Options | Consultants
 
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Schedule of summarizes of option activity
 
 
Number of Shares
  
Weighted
Average
Exercise Price
per Share
  
Weighted
Average Grant
Date Fair Value
 per Share
  
Weighted
Average
Remaining
Exercise Term
in Months
 
Outstanding at December 31, 2010
  
810,000
  
$
0.67
  
$
0.23
   
32
 
Exercisable at December 31, 2010
  
380,000
  
$
0.63
  
$
0.22
   
31
 
Granted
  
70,000
   
0.59
   
0.18
   
31
 
Exercised
  
-
   
-
   
-
   
-
 
Forfeited
  
-
   
-
   
-
   
-
 
Expired
  
-
   
-
   
-
   
-
 
Outstanding at December 31, 2011
  
880,000
  
$
0.66
  
$
0.23
   
20
 
Exercisable at December 31, 2011
  
755,000
  
$
0.64
  
$
0.22
   
20
 
Granted
  
150,000
   
0.11
   
0.04
   
36
 
Exercised
  
-
   
-
   
-
   
-
 
Forfeited
  
(30,000
)
  
0.76
   
0.25
   
9
 
Expired
  
(340,000
)
  
0.83
   
0.28
   
8
 
Outstanding at December 31, 2012
  
660,000
  
$
0.45
  
$
0.15
   
14
 
Exercisable at December 31, 2012
  
561,000
  
$
0.50
  
$
0.17
   
10
 
Granted
  
400,000
   
0.21
   
0.10
   
57
 
Exercised
  
-
   
-
   
-
   
-
 
Forfeited
  
-
   
-
   
-
   
-
 
Expired
  
(810,000
)
  
0.67
   
0.23
   
-
 
Outstanding at December 31, 2013
  
250,000
  
$
0.35
  
$
0.13
   
23
 
Exercisable at December 31, 2013
  
102,000
  
$
0.39
  
$
0.15
   
17
 
Granted
                
Exercised
                
Forfeited
                
Expired
  
 
   
 
   
 
     
Outstanding at June 30, 2014
  
250,000
  
$
0.55
  
$
0.22
   
14
 
Exercisable at June 30, 2014
  
102,000
  
$
0.55
  
$
0.22
   
17
 
 
Warrant | Accredited investors
 
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Schedule of summarize of warrant activity
 
 
Number of Shares
  
Weighted
Average
Exercise Price
per Share
  
Weighted
Average Grant
Date Fair Value
 per Share
  
Weighted
Average
Remaining
Exercise Term
in Months
 
Outstanding at December 31, 2010
  
785,001
  
$
0.80
  
$
0.11
   
24
 
Exercisable at December 31, 2010
  
785,001
  
$
0.80
  
$
0.11
   
24
 
Granted
  
4,956,224
   
0.80
   
0.11
   
24
 
Exercised
  
-
   
-
   
-
   
-
 
Forfeited
  
-
   
-
   
-
   
-
 
Expired
  
-
   
-
   
-
   
-
 
Outstanding at December 31, 2011
  
5,741,225
  
$
0.80
  
$
0.11
   
17
 
Exercisable at December 31, 2011
  
5,741,225
  
$
0.80
  
$
0.11
   
17
 
Granted
  
1,450,000
   
0.50
   
0.06
   
36
 
Modified warrants prior to
     modifications
  
(7,191,225
)
  
0.74
   
0.10
   
10
 
Modified warrants after
     modifications
  
7,191,225
   
0.69
   
0.10
   
20
 
Exercised
  
-
   
-
   
-
   
-
 
Forfeited
  
-
   
-
   
-
   
-
 
Expired
  
-
   
-
   
-
   
-
 
Outstanding at December 31, 2012
  
7,191,225
  
$
0.69
  
$
0.10
   
19
 
Exercisable at December 31, 2012
  
7,191,225
  
$
0.69
  
$
0.10
   
19
 
Granted
  
10,954,063
   
0.40
   
0.05
   
28
 
Exercised
  
-
   
-
   
-
   
-
 
Forfeited
  
-
   
-
   
-
   
-
 
Expired
  
(1,901,666
)
  
0.76
   
0.13
   
-
 
Outstanding at December 31, 2013
  
16,243,622
  
$
0.52
  
$
0.07
   
22
 
Exercisable at December 31, 2013
  
16,243,622
  
$
0.52
  
$
0.07
   
22
 
Granted
  
29,711,500
   
0.15
   
0.02
   
34
 
Exercised
                
Forfeited
                
Expired
  
(4,164,547
)
  
0.80
   
0.11
     
Outstanding at June 30, 2014
  
41,790,575
  
$
0.31
  
$
0.05
   
22
 
Exercisable at June 30, 2014
  
41,790,575
  
$
0.31
  
$
0.05
   
22
 
 
Warrant | Placement agent and consultants
 
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Schedule of summarize of warrant activity
 
 
Number of Shares
  
Weighted
Average
Exercise Price
per Share
  
Weighted
Average Grant
Date Fair Value
 per Share
  
Weighted
Average
Remaining
Exercise Term
in Months
 
Outstanding at December 31, 2010
  
3,717,984
  
$
0.60
  
$
0.21
   
52
 
Exercisable at December 31, 2010
  
2,617,984
  
$
0.61
  
$
0.19
   
51
 
Granted
  
887,910
   
0.60
   
0.27
   
60
 
Exercised
  
(44,638
)
  
0.40
   
0.18
   
39
 
Forfeited
  
-
   
-
   
-
   
-
 
Expired
  
-
   
-
   
-
   
-
 
Outstanding at December 31, 2011
  
4,561,256
  
$
0.60
  
$
0.22
   
43
 
Exercisable at December 31, 2011
  
4,081,256
  
$
0.59
  
$
0.21
   
42
 
Granted
  
28,334
   
0.60
   
0.24
   
60
 
Exercised
  
-
   
-
   
-
   
-
 
Forfeited
  
-
   
-
   
-
   
-
 
Expired
  
-
   
-
   
-
   
-
 
Outstanding at December 31, 2012
  
4,589,590
  
$
0.60
  
$
0.22
   
31
 
Exercisable at December 31, 2012
  
4,339,590
  
$
0.59
  
$
0.21
   
31
 
Granted
  
-
   
-
   
-
   
-
 
Exercised
  
-
   
-
   
-
   
-
 
Forfeited
  
-
   
-
   
-
   
-
 
Expired
  
-
   
-
   
-
   
-
 
Outstanding at December 31, 2013
  
4,589,590
  
$
0.60
  
$
0.22
   
22
 
Exercisable at December 31, 2013
  
4,339,590
  
$
0.60
  
$
0.22
   
22
 
Granted
                
Exercised
                
Forfeited
                
Expired
                
Outstanding at June 30, 2014
  
4,589,590
  
$
0.60
  
$
0.22
   
22
 
Exercisable at June 30, 2014
  
4,339,590
  
$
0.60
  
$
0.22
   
22
 
 
Warrant | Directors and officers
 
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Schedule of summarize of warrant activity
 
 
Number of Shares
  
Weighted
Average
Exercise Price
per Share
  
Weighted
Average Grant
Date Fair Value
 per Share
  
Weighted
Average
Remaining
Exercise Term
in Months
 
Outstanding at December 31, 2010
  
1,400,000
  
$
2.00
  
$
0.13
   
59
 
Exercisable at December 31, 2010
  
1,400,000
  
$
2.00
  
$
0.13
   
59
 
Granted
  
1,600,000
   
1.91
   
0.09
   
57
 
Exercised
  
-
   
-
   
-
   
-
 
Forfeited
  
-
   
-
   
-
   
-
 
Expired
  
-
   
-
   
-
   
-
 
Outstanding at December 31, 2011
  
3,000,000
  
$
1.95
  
$
0.11
   
49
 
Exercisable at December 31, 2011
  
3,000,000
  
$
1.95
  
$
0.11
   
49
 
Granted
  
489,250
   
0.50
   
0.01
   
36
 
Modified warrants prior to
     modifications
  
(489,250
)
  
0.50
   
0.01
   
31
 
Modified warrants after
     modifications
  
489,250
   
0.25
   
0.01
   
31
 
Exercised
  
-
   
-
   
-
   
-
 
Forfeited
  
-
   
-
   
-
   
-
 
Expired
  
(100,000
)
  
0.50
   
0.10
   
-
 
Outstanding at December 31, 2012
  
3,389,250
  
$
1.75
  
$
0.09
   
37
 
Exercisable at December 31, 2012
  
3,389,250
  
$
1.75
  
$
0.09
   
37
 
Granted
  
-
   
-
   
-
   
-
 
Exercised
  
-
   
-
   
-
   
-
 
Forfeited
  
-
   
-
   
-
   
-
 
Expired
  
(100,000
)
  
0.50
   
0.10
   
-
 
Outstanding at December 31, 2013
  
3,289,250
  
$
1.75
  
$
0.09
   
28
 
Exercisable at December 31, 2013
  
3,289,250
  
$
1.75
  
$
0.09
   
28
 
Granted
                
Exercised
                
Forfeited
                
Expired
                
Outstanding at June 30, 2014
  
3,289,250
  
$
1.75
  
$
0.09
   
28
 
Exercisable at June 30, 2014
  
3,289,250
  
$
1.75
  
$
0.09
   
28