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DISCLOSURES ABOUT FAIR VALUE (Details 1) (USD $)
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9 Months Ended |
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Sep. 30, 2014
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| Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] | |
| Balance at January 1, 2014 | $ 2,146,000 |
| Change in fair value of derivative liability | (849,300) |
| Amount included in debt discounts | 216,800 |
| Balance at September 30, 2014 | 1,513,500 |
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Warrant [Member]
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| Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] | |
| Balance at January 1, 2014 | 0 |
| Change in fair value of derivative liability | (34,500) |
| Amount included in debt discounts | 111,300 |
| Balance at September 30, 2014 | 76,800 |
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Conversion Feature [Member]
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| Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] | |
| Balance at January 1, 2014 | 2,146,000 |
| Change in fair value of derivative liability | (814,800) |
| Amount included in debt discounts | 105,500 |
| Balance at September 30, 2014 | $ 1,436,700 |
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- Details
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- Definition
Amount of purchases, (sales), issuances and (settlements) of financial instrument classified as a liability measured using unobservable inputs that reflect the entity's own assumption about the assumptions market participants would use in pricing. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of transfers of financial instrument classified as a liability into (out of) level 3 of the fair value hierarchy. No definition available.
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- Definition
Fair value of financial instrument classified as a liability measured using unobservable inputs that reflect the entity's own assumption about the assumptions market participants would use in pricing. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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