CONVERTIBLE DEBENTURES AND NOTES PAYABLE - Convertible debentures and notes payable (Details) (USD $)
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Dec. 31, 2012
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Dec. 31, 2011
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Debt Disclosure [Abstract] | ||
Convertible debentures and notes payable | $ 243,382 | $ 155,000 |
Less: debt discount | (33,272) | (9,041) |
Convertible debentures and notes payable- net | $ 210,110 | $ 145,959 |
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- Definition
The portion of the carrying value of long-term convertible debt as of the balance sheet date that is scheduled to be repaid within one year or in the normal operating cycle if longer. Convertible debt is a financial 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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- Details
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- Definition
The amount of debt discount that was originally recognized at the issuance of the instrument that has yet to be amortized. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The amount of debt discount (net of debt premium) that was originally recognized at the issuance of the instrument that has yet to be amortized. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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