Annual report pursuant to Section 13 and 15(d)

DERIVATIVE LIABILITIES (Tables)

v2.4.0.8
DERIVATIVE LIABILITIES (Tables)
12 Months Ended
Dec. 31, 2013
Notes to Financial Statements  
Assumptions for fair value of convertible instruments granted under Black-Scholes option pricing model
    December 31, 2013     December 31, 2012  
Expected volatility     235% - 320 %     89% - 217 %
Expected term   0.48 – 3.61Years   1.5 - 4.36 Years
Risk-free interest rate     0.09% - 1.39 %     0.15% - 0.72 %
Expected dividend yield     0 %     0 %