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Convertible Promissory Notes Payable (Details) (USD $)
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1 Months Ended | 3 Months Ended | 6 Months Ended | |||
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Jul. 31, 2010
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Jun. 30, 2012
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Jun. 30, 2011
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Jun. 30, 2012
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Jun. 30, 2011
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Jul. 23, 2010
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| Convertible Promissory Notes Payable (Textual) | ||||||
| Accrued interest on Convertible Promissory Note | 8.00% | 8.00% | 18.00% | |||
| Conversion term of notes | Any unpaid note principal and accrued interest to the Company's common stock at a rate of 75% of the average closing price of the last ten days of trading any time after the issuance date of the note | Any unpaid principal and accrued interest at any time to the Company's common stock at a rate of 55% of the average three trading days low out of the immediately preceding ten trading days | ||||
| Amortization of discount to the notes | $ 88,000 | $ 88,000 | ||||
| Value of beneficial conversion feature of the notes | 109,247 | 109,247 | ||||
| Gain (Loss) on beneficial conversion | $ (54,441) | $ 50,000 | $ (40,943) | $ 62,329 | ||
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- Definition
Amount of noncash expense included in interest expense to amortize convertible securities with a beneficial conversion feature. No definition available.
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- Details
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- Definition
Value of beneficial conversion feature of the notes No definition available.
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- Definition
Amount of a favorable spread to a debt holder between the amount of debt being converted and the value of the securities received upon conversion. This is an embedded conversion feature of convertible debt issued that is in-the-money at the commitment date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Description of the conversion terms of a debt instrument which may include the conversion ratio (including all potential conversion ratios if contingently adjustable), type of debt or equity security into which the debt is convertible, the dollars of debt or the number of shares into which the instrument is convertible (or potentially convertible into), the conversion period, any contingencies associated with the conversion terms, and the existence and amount of a beneficial conversion feature. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Interest rate stated in the contractual debt agreement. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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