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Warrants (Tables) (Warrant [Member])
9 Months Ended
Sep. 30, 2014
Warrant [Member]
 
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Summary of warrant activity

  Number of Warrants  Weighted Average Exercise Price Per Share  Weighted Average Remaining Terms (in years)  Aggregate Intrinsic Value 
             
Outstanding - December 31, 2013  6,119,864  $0.26   3.38   - 
Issued  15,982,800   0.275         
Anti-Dilutive Adjustment  3,469,395   0.25         
Exercised  -   -         
Forfeited  -   -         
Outstanding - September 30, 2014  25,572,059  $0.27   4.14  $- 
                 
Exercisable -September 30, 2014  25,572,059  $0.27   4.14  $- 

 

Significant assumptions used to measure the fair value of warrants
 
  2014  2013 
Stock price $0.21  $0.21 
Term  1.08 - 4.53 Years   1.83 - 4.79 Years 
Volatility  50%  50%
Risk-free interest rate  0.13 - 1.78%   0.38 - 1.75%
Exercise prices $0.25-0.35  $$ 0.25-0.4488 
Dividend yield  0.00%  0.00%
Delta   0.03 - 0.08    0.03 - 0.08 
Up ratio  1.067 - 1.138   1.087 - 1.137 
Down ratio  0.861 - 0.933   0.861 - 0.913 
Up transition probability  0.500   0.500