NextPlat Corp Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

DERIVATIVE LIABILITIES (Details Narrative)

DERIVATIVE LIABILITIES (Details Narrative) (USD $)	3 Months Ended		12 Months Ended	23 Months Ended
DERIVATIVE LIABILITIES (Details Narrative) (USD $)	Mar. 31, 2013	Mar. 31, 2012	Dec. 31, 2011	Mar. 31, 2013	Dec. 31, 2012
Derivative Liabilities Details Narrative
Reclassed to equity		$ 3,195,270	$ 6,148,651	$ 9,662,196
Derivative liabilities	35,742			35,742	50,888
Change in fair value of derivative liabilities	$ 15,147			$ (505,053)

- Definition

Fair values as of the balance sheet date of all liabilities resulting from contracts that meet the criteria of being accounted for as derivative instruments, and which are expected to be extinguished or otherwise disposed of within a year or the normal operating cycle, if longer, net of the effects of master netting arrangements.

+ References

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+ Details