XML 46 R29.htm IDEA: XBRL DOCUMENT v2.4.0.8
DERIVATIVE LIABILITIES (Tables)
 9 Months Ended
Sep. 30, 2013
DERIVATIVE LIABILITIES [Abstract]  
Components of derivative financial instruments
The following tabular presentation reflects the components of derivative financial instruments on the Company’s balance sheet at September 30, 2013 and December 31, 2012:
 
 
 
9/30/2013
  
12/31/2012
 
Common stock warrants
 
$
131,158
  
$
6,626,255
 
Embedded conversion features for convertible debt or preferred shares
  
-
   
1,399,126
 
 
        
Total
 
$
131,158
  
$
8,025,381
 
 
        
Beginning balance
 
$
8,025,381
  
$
11,031,432
 
Bifurcated amount
  
-
   
-
 
Change in derivative liability valuation
  
(906,791
)
  
1,514,156
 
Change in derivative liability - settlements
  
(6,987,432
)
  
(4,520,207
)
 
        
Total
 
$
131,158
  
$
8,025,381