v2.4.0.8

Fair Value Measurements (Tables)

6 Months Ended

Jun. 30, 2013

Assets And Liabilities Measured at Fair Value on Recurring Basis [Table Text Block]

			Level 1			Level 2			Level 3			Total
	June 30, 2013:
	Cash	$	148		$	-		$	-		$	148
	Accounts receivable		-			20,386			-			20,386
	Accounts payable and other liab.		-			(888,602	)		-			(888,602	)
	Derivative liability		-			(17,396	)		-			(17,396	)
	Notes payable, net of discount		-			(1,055,193	)		-			(1,055,193	)
	December 31, 2012:
	Cash	$	16,216		$	-		$	-		$	16,216
	Accounts receivable		-			13,735			-			13,735
	Accounts payable and other liab.		-			(608,702	)		-			(608,702	)
	Derivative liability		-			(559	)		-			(559	)
	Notes payable, net of discount		-			(1,032,035	)		-			(1,032,035	)

X

- Definition

Tabular disclosure of assets and liabilities, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, that are measured at fair value on a recurring basis. The disclosures contemplated herein include the fair value measurements at the reporting date by the level within the fair value hierarchy in which the fair value measurements in their entirety fall, segregating fair value measurements using quoted prices in active markets for identical assets (Level 1), significant other observable inputs (Level 2), and significant unobservable inputs (Level 3).

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 820

-SubTopic 10

-Section 50

-Paragraph 1

-URI http://asc.fasb.org/extlink&oid=25499696&loc=d3e19190-110258

+ Details

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