Quarterly report pursuant to Section 13 or 15(d)

Warrants (Details Narrative)

v2.4.0.6
Warrants (Details Narrative) (March 2011Warrants, USD $)
0 Months Ended 3 Months Ended
Feb. 28, 2012
Mar. 31, 2013
March 2011Warrants
   
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.

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)   0.6
Initial exercise price (in dollars per share)   $ 0.6