Convertible Notes Payable - Outstanding convertible promissory notes (Details) (USD $)
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12 Months Ended |
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Dec. 31, 2012
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Payables and Accruals [Abstract] | |
Convertible promissiry notes issued | $ 6,505,274 |
Notes repaid | (2,850,000) |
Less amounts converted to common stock | (500,000) |
Total | 3,155,274 |
Less debt discount | 1,683,122 |
Balance December 31, 2012 | $ 1,472,152 |
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- Definition
No authoritative reference available. No definition available.
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- Definition
No authoritative reference available. No definition available.
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- Definition
The increase in the net discounted value of the proved oil and gas reserves due only to the passage of time. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Value of convertible preferred stock that was converted to other securities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The fair value of notes issued in noncash investing and financing activities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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- Definition
The gross value of stock issued during the period upon the conversion of convertible securities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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