Convertible debt (Details) (USD $)
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6 Months Ended | |
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Jun. 30, 2012
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Jun. 30, 2011
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Convertible Debt (Textual) | ||
Proceed from convertible promissory note | $ 500,000 | |
Conversion price of convertible promissory note | $ 0.85 | |
Interest rate on convertible promissory note | 10.00% | |
Term of convertible promissory note | 3 years |
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- Details
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- Definition
Term of convertible promissory note. No definition available.
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- Definition
The price per share of the conversion feature embedded in the debt instrument. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The average effective interest rate during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The cash inflow from the issuance of a long-term debt instrument which can be exchanged for a specified amount of another security, typically the entity's common stock, at the option of the issuer or the holder. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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