BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Schedule of Derivative Liability (Details) (USD $)
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6 Months Ended |
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Jun. 30, 2012
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Conversion Feature Derivative Liability
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Balance at January 1, 2012 | |
Recognition of derivative liability | 103,313 |
Extinguishment of derivative liability upon conversion of debt to equity | |
Change in fair value included in earnings | (22,188) |
Balance at June 30, 2012 | 81,125 |
Warrant Liability
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Balance at January 1, 2012 | |
Recognition of derivative liability | 108,315 |
Extinguishment of derivative liability upon conversion of debt to equity | |
Change in fair value included in earnings | (22,547) |
Balance at June 30, 2012 | $ 85,768 |
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- Definition
The amount of derivative liability extinguished in the period in the conversion of debt to equity. No definition available.
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X | ||||||||||
- Definition
The amount of derivative liability recognized in the period. No definition available.
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X | ||||||||||
- 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, net of the effects of master netting arrangements. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition
Aggregate gain on all derivative instruments recognized in earnings during the period, before tax effects. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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