Quarterly report pursuant to Section 13 or 15(d)

DERIVATIVE LIABILITIES (Tables)

v2.4.0.8
DERIVATIVE LIABILITIES (Tables)
6 Months Ended
Jun. 30, 2014
Notes to Financial Statements  
Assumptions for fair value of convertible instruments granted under Black-Scholes option pricing model
   

June 30,

2014

   

December 31,

2013

 
 Expected volatility     337 %     235% - 320 %
 Expected term   2.86 Years     0.48 - 3.61 Years  
 Risk-free interest rate     0.88 %     0.09% - 1.39 %
 Expected dividend yield     0 %     0 %