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DERIVATIVE LIABILITIES (Details Narrative) (USD $)
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3 Months Ended | 6 Months Ended | 12 Months Ended | 26 Months Ended | |||
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Jun. 30, 2013
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Jun. 30, 2012
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Jun. 30, 2013
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Jun. 30, 2012
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Dec. 31, 2011
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Jun. 30, 2013
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Dec. 31, 2012
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| Notes to Financial Statements | |||||||
| Embedded conversion options and warrants reclassed from liabilities to equity | 6,148,651 | ||||||
| Derivative liabilities | $ 49,396 | $ 49,396 | $ 49,396 | $ 50,888 | |||
| Loss resulting from increase in fair value of convertible instrument | $ (13,655) | $ 44,735 | $ 1,492 | $ 44,735 | $ (518,708) | ||
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- Details
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- Definition
No authoritative reference available. No definition available.
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- 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. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The increase (decrease) during the period in the carrying value of derivative instruments reported as liabilities that are due to be disposed of within one year (or the normal operating cycle, if longer). No definition available.
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