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Debt Issuance Costs (Tables) | 12 Months Ended
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Dec. 31, 2012
Debt Issuance Costs [Abstract] |
Schedule of debt issuance costs |
Financial advisor fee |  | $ | 80,000 |
Legal fees |  |  | 15,466 |
Fair value of warrants issued (as disclosed in Note 15) |  |  | 8,166 |
|  |  | 103,632 |
Less: accumulated amortization |  |  | - |
|  | $ | 103,632 |
Schedule future estimated amortization expense of deferred loan costs |
|  | For the year ending December 31, |
2013 |  | $ | 69,088 |
2014 |  |  | 34,544 |
Total |  | $ | 103,632 |

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- Definition Tabular disclosure of the amounts paid in advance for capitalized costs that will be expensed with the passage of time or the occurrence of a triggering event, and will be charged against earnings within one year or the normal operating cycle, if longer; the aggregate carrying amount of current assets, not separately presented elsewhere in the balance sheet; and other deferred costs. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.17) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 + Details
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