Warrants (Details Narrative) (March 2011Warrants, USD $)
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0 Months Ended | 6 Months Ended |
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Feb. 28, 2012
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Jun. 30, 2013
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March 2011Warrants
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Class of Warrant or Right [Line Items] | ||
Expiration period | 5 years | |
Initial exercise price based on securities sold in Target Transaction Financing (in percent) | 120.00% | |
Description of entitlement to purchase shares, securities and units |
Equal to the Warrant Coverage (as defined below) (a) multiplied by the principal amount of the Note (the Purchase Price) and (b) divided by the Financing Share Price. |
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Description of calculation of warrant coverage | (i) 50% if closed on or prior to 120 days, (ii) 75% if closed after 120 days but before 150 days and (iii) 100%, if closed after 150 days after the closing of the Private Placement. | |
Replacement warrants issued | 1,000,000 | |
Expiration period | 4 years | |
Warrants remain outstanding | 1,000,000 | |
Exercise price (in dollars per unit) | 0.60 | |
Initial exercise price (in dollars per share) | $ 0.60 |
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- Definition
Expiration period of replacement warrants issued from the date of issue. No definition available.
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- Definition
Expiration period of warrants issued from the date of issue. No definition available.
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- Definition
The initial exercise price of each class of warrants or rights outstanding. No definition available.
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- Definition
This element refers to description of calculation of warrant coverage. No definition available.
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- Definition
This element refers to number of shares, securities and or units can be purchased by exercising the warrants. No definition available.
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- Definition
This element refers to Initial exercise price as percentage of securities sold in the Target Transaction Financing. No definition available.
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- Definition
Number of replacement warrants issued upon cancellation of previously issued warrants. No definition available.
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- Definition
Exercise price per share or per unit of warrants or rights outstanding. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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- Definition
Number of warrants or rights outstanding. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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