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Convertible Debentures (Tables)
3 Months Ended
Mar. 31, 2014
Convertible Debentures [Abstract]  
Summary of convertible debentures
 
  
2014
  
2013
 
Hillair Debentures, net of $72,385 and $144,769 discount, respectively
 $1,047,615  $975,231 
January 2013 Debentures, net of $22,709 and $45,419 discount, respectively
  369,291   346,481 
April 2013 Debentures, net of $56,571 and $79,200 discount, respectively
  503,429   480,800 
         
Total debt
  1,920,335   1,802,612 
         
Less current portion
  1,920,335   1,802,612 
         
Long-term debt
 $-  $- 
Schedule of significant assumptions used to measure the fair value
 
  
Date of
Issuance
  
March 31,
2014
 
Stock price
 
$
0.24-0.30
  
$
0.25
 
Term
 
1.25 to 1.5 years
  
0.00 to 0.54 years
 
Volatility
  
50
%
  
50
%
Risk-free interest rate
  
0.14-0.21
%
  
0.05-0.07
%
Exercise price
 
$
0.43
  
$
0.43
 
Delta
  
0.02-0.03
   
0.00-0.01
 
Up Ratio
  
1.072-1.079
   
1.003-1.047
 
Down Ratio
  
0.921-0.928
   
0.953-0.997
 
Up transition probability
  
0.500
   
0.500