Quarterly report pursuant to Section 13 or 15(d)

Stockholders' Equity (Tables)

v2.4.0.8
Stockholders' Equity (Tables)
 9 Months Ended
Sep. 30, 2013
Warrants [Member]
  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Summary of option/warrant activity
   
Number of
Shares
Under Warrants
    
Range of
Warrants Price Per Share
    
Weighted
Average
Exercise Price
  
Warrants Outstanding at January 1, 2013
    
28,642
    
$
0.01-0.02
    
$
0.01
  
   Warrants Granted
    
133,334
      
0.01
      
0.01
  
   Warrants Exercised
    
-
      
-
      
-
  
   Warrants Cancelled
    
                   -
      
                  -
      
                   -
  
Warrants Outstanding at September 30,2013
    
        161,976
      
  0.01 -  0.02
      
            0.01
  
                         
Warrants Exercisable at September 30, 2013
    
161,976
      
  0.01 -  0.02
      
0.01
  
 
Summary of weighted average fair value of warrants granted and the assumptions used in the Black-Scholes model

 
2013
  
Weighted average fair value of options granted
  
$
0.15
  
Risk-free interest rate
    
1.89
%
Volatility
    
98.00
%
Expected life (years)
    
10
  
Options [Member]
  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Summary of option/warrant activity
 
   
Number of
Shares
Under Options
    
Range of
Option Price
Per Share
    
Weighted Average
Exercise Price
  
Options Outstanding at January 1, 2013
    
6,232,992
    
$
0.02 - 0.85
    
$
0.26
  
   Options Granted
    
-
      
-
      
-
  
   Options Exercised
    
-
      
-
      
-
  
   Options Expired
    
-
  
    
-
      
-
  
Options Outstanding at September 30, 2013
    
6,232,992
    
$
0.02 - 0.85
    
$
0.26
  
                         
Options Exercisable at September 30, 2013
    
5,187,158
      
0.02 - 0.85
    
$
0.23