XML 83 R69.htm IDEA: XBRL DOCUMENT v2.4.0.6
Subsequent Event (Details Narrative) (USD $)
 3 Months Ended
Mar. 31, 2013
Jan. 31, 2013
Subsequent Events [Abstract]    
Subsequent event On January 31, 2013, the Company's Board of Directors approved a line of credit to be provided by its Chairman of up to $300,000. The term of the credit agreement is six months ending August 1, 2013, unless extended by both parties. Interest accrues at the rate of 1% per week and is to be paid weekly. Balances outstanding under the line of credit are to be repaid in full on or before the maturity date. Balances under the line of credit are secured by all of the assets of the Company and are subordinated to amounts outstanding under the Company's working capital bank line of credit with Silicon Valley Bank. Additionally, the Company's Board of Directors authorized management to seek up to a total of $1.0 million in capital under similar terms. The funds raised are to be used for working capital purposes. As of March 31, 2013, the Company has raised a total of $550,000 in funds under such terms, of which $300,000 and $50,000 are from the Company's Chairman and Chief Executive Officer, respectively, and $200,000 from other sources. Accrued interest as of March, 31, 2013 was $35,857.  
Weekly interest rate   1.00%
Line of credit approved   $ 1,000,000
Total amount raised 550,000  
Accrued interest $ 35,857