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Debt Issuance Costs (Tables)

12 Months Ended

Dec. 31, 2013

Debt Issuance Costs [Abstract]

Schedule of debt issuance costs

		2013				2012
Financial advisor fee		$	108,000			$	80,000
Legal fees			15,466				15,466
Fair value of warrants issued (as disclosed in Note 15 )			11,024				8,166
			134,490				103,632
Less: accumulated amortization			(89,660	)			-
		$	44,830			$	103,632

Schedule future estimated amortization expense of deferred loan costs

		For the year ending December 31,
2014		$	44,830
Total		$	44,830

X

- Definition

Tabular disclosure for future estimated amortization expense of deferred loan costs.

+ References

No definition available.

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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

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