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Debtor in Possession Financing | 12 Months Ended
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Dec. 31, 2015
Debtor in Possession Financing [Abstract] |
Debtor in Possession Financing |
11. | Debtor in Possession Financing
In connection with the bankruptcy the Company entered into financing in the amount of $600,000. On the effective date of the Plan, the Debtor in Possession credit facility will be converted into a new 12% Original Issue Discount Senior Secured Convertible Debenture (the “Exit Facility”) due two years from the Effective Date of the Plan as disclosed in Note 20.

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