Interest Rate per annum,,
Interest rate p,a,
Issued,
warrants Issued,
Expired.
expired
Issue of warrants to investors
Closing stock price per share
Balance
Balance
Balance
Balance
Common stock value issued.
Common stock value issued.
Contractual Life of the note in years
Contractual Life of the note in years
11% Convertible notes payable unamortized discount
11% Convertible notes payable unamortized discount
Risk free interest percent.'
Risk free interest percent.'
Intercreditor agreement between Venture Group and HEP Investments, LLC, the Company senior secured lender
Remaining Payments on February 3, 2012
Stock issued under the terms of convertible debt, volatility rate
Stock issued under the terms of convertible debt, volatility rate
To issue common stock as per agreement
To issue common stock as per agreement
To issue warrants as per agreement
To issue warrants as per agreement as on the date.
Residual value
The aggregate expected value at the end of their useful life of a major finite-lived intangible asset class acquired during the period either individually or as part of a group of assets (in either an asset acquisition or business combination). A major class is composed of intangible assets that can be grouped together because they are similar, either by their nature or by their use in the operations of a company.
Minimum percentage of Expected volatility
Minimum percentage of Expected volatility
Net proceeds from the issuance of convertible debentures.
Net proceeds from the issuance of convertible debentures.
DEFINITE-LIFE INTANGIBLE ASSETS AS FOLLOWS
Advertising / Public Relations Costs
Impairment of Long-Lived Assets
COMMITMENT AND CONTINGENCIES
DEFINITE-LIFE INTANGIBLE ASSETS {1}
DEFINITE-LIFE INTANGIBLE ASSETS
Cash Flows from Investing Activities:
Stock and warrants issued for services rendered
Accumulated deficit
Common stock, $.001 par value, 200,000,000 shares authorized 105,338,927 and 105,317,816 issued and outstanding at March 31, 2013 and December 31, 2012
Obligation to issue common stock and warrants
Value of common stock issued to a trust (for example, a 'rabbi trust') set up specifically to accumulate stock for the sole purpose of distribution to participating employees. This trust does not allow employees to immediately or after a holding period diversify into nonemployer securities. The deferred compensation plan for which this trust is set up must be settled by the delivery of a fixed number of shares of employer stock.
Total Current Assets
Entity Well-known Seasoned Issuer
Subsequent events - Venture Group
Prepayment notice period in days,,
Discount off of the ten day trailing quoted price of common stock
Discount off of the ten day trailing quoted price of common stock
Weighted Average Exercise Price,
Number of Warrant,
Warrants'
warrants
Deferred Revenue Non current
The noncurrent portion of deferred revenue amount as of balance sheet date. Deferred revenue is a liability related to a revenue producing activity for which revenue has not yet been recognized, and is not expected to be recognized in the next twelve months. Generally, an entity records deferred revenue when it receives consideration from a customer before achieving certain criteria that must be met for revenue to be recognized in conformity with GAAP.
OBLIGATION TO ISSUE COMMON STOCK TRANSACTIONS
Rate of dividend.,.
Rate of dividend.,.
Closing Stock price assumed.
Closing Stock price assumed.
Debt Discount reocreded in the books.
Debt Discount reocreded in the books.
Convertible Secured Promissory Note in the initial principal amount {1}
Convertible Secured Promissory Note in the initial principal amount
Convertible Secured Promissory Note in the initial principal amount
Advance by Christopher Maggiore, a signifcant shareholder
Advance by Christopher Maggiore, a signifcant shareholder
Depreciation and amortization
The current period expense charged against earnings on long-lived, physical assets not used in production, and which are not intended for resale, to allocate or recognize the cost of such assets over their useful lives; or to record the reduction in book value of an intangible asset over the benefit period of such asset; or to reflect consumption during the period of an asset that is not used in production.
Expected dividends percentage
Expected dividends percentage
Working capital deficiency
Working capital deficiency
Convertible debt consists of the following {1}
Convertible debt consists of the following
Tabular disclosure for Convertible debt.
Interest
Fair Value Adjustment of Derivative Liability
Fair value as of the balance sheet date of the gross assets less the gross liabilities of a derivative liability or group of derivative liabilities
Entity Public Float
Exercise Price per share as a bonus incentive
Exercise Price per share as a bonus incentive
Gross Proceeds received to date
Gross Proceeds received to date
Maximum Amounts to be funded within 20 days of the execution of Note
Maximum Amounts to be funded within 20 days of the execution of Note
Number of Warrants.
Warrants exercise price per share
Warrants exercise price per share
Warrants to purchase shares upon 2 co development agreements
Warrants to purchase shares upon 2 co development agreements
Obligation to Issue Additional Shares To Investors
Common stock shares issued under obligation and its value in amount
Income Representing change in fair value of derivative liability.
Income Representing change in fair value of derivative liability.
11% Convertible note payable, net of unamortized discount of $909,333 and $695,935, respectively, due at various dates ranging from December 2013 to January 2014
11% Convertible note payable, net of unamortized discount of $909,333 and $695,935, respectively, due at various dates ranging from December 2013 to January 2014
Loans made by Mr.Maggiore in aggregatge reclassified as Loans payable to HEP Investments
Loans made by Mr.Maggiore in aggregatge reclassified as Loans payable to HEP Investments
Volatility rate minimum range.
Volatility rate minimum range.
Discount off of the ten day trailing quoted price of the common stock in the over the counter (OTC) market,
Discount off of the ten day trailing quoted price of the common stock in the over the counter (OTC) market,
Initial principal amount (600,000) by cash
Initial principal amount (600,000) by cash as on the date under Convertible Debt.
Loan advanced by Venture Group
Loan advanced by Venture Group
Patent applications pending
Patent applications pending
Gross carrying amount before accumulated amortization as of the balance sheet date of the costs pertaining to the exclusive legal rights granted to the owner of the patent to exploit an invention or a process for a period of time specified by law. Such costs may have been expended to directly apply and receive patent rights, or to acquire such rights.
Loss Per Share
Maximum Risk free rate percentage
DEFINITE-LIFE INTANGIBLE ASSETS AS FOLLOWS {1}
DEFINITE-LIFE INTANGIBLE ASSETS AS FOLLOWS
Fair Value Of Warrants Estimated
Issued Convertible Debentures
The cash inflow from the issuance of a long-term debt instrument which can be exchanged for a specified amount of another security, typically the entity's common stock, at the option of the issuer or the holder.
(Decrease) in accounts payable
Balance Sheets Parentheticals
Total Long term Liabilities
Derivative Liability
OTHER ASSETS:
Document Type
Term of warrants in years
Term of warrants in years
Amount to be paid in the form of common stock per share
Amount to be paid in the form of common stock per share
Convertible price per share,
Convertible price per share,
Agreed amount of financing as per agreement
Agreed amount of financing as per agreement
Outstanding,,,
Outstanding,,,
Number of shares issued and outstanding as of the balance sheet date.
Term of the warrants in years
Term of the warrants in years
Warrants exercise price
Warrants exercise price
Long term portion notes payable
Long term portion notes payable
Amount recorded as additional paid in capital as a reduction of carrying amount of convertible debt
Amount recorded as additional paid in capital as a reduction of carrying amount of convertible debt
Threshold amount as per the terms of agreement
Threshold amount as per the terms of agreement
Convertible Debt Discount and derivative liability
Notice period in days for prepayment of notes
Increment amount of remaining balance note
Increment amount of remaining balance note as on the date.
Overall funding commitment by HEP Investments LLC
Overall funding commitment by HEP Investments LLC
Definite life intangible assets Amortization expenses
The Company maintains cash balances at financial institutions which exceed the current Federal Deposit Insurance Corporation ("FDIC") limit of
The Company maintains cash balances at financial institutions which exceed the current Federal Deposit Insurance Corporation ("FDIC") limit of
Compensation expenses recorded
Compensation expenses recorded
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
(Increase) in prepaid expenses
BASIC AND DILUTED LOSS PER SHARE
Common stock shares issued
Discount of long term Convertible Debenture Payable,
The amount of debt discount (net of debt premium) that was originally recognized at the issuance of the instrument that has yet to be amortized.
TOTAL LIABILITIES AND STOCKHOLDERS DEFICIT
Customer deposits
Total Other Assets
Prepaid Expenses
Subsequent events - Other Investment
Discount off of the ten day trailing quoted price of common stock,,
Discount off of the ten day trailing quoted price of common stock,,
Advance Amount agreed by the Lender
Advance Amount agreed by the Lender
Warrants Issued and outstanding for the quarter ended March 31, 2013
Outstanding WarrantsAverageWeighted Remaining Contractual Life in Years
Outstanding warrants number
Procees from annual term served, paid quarterly
Procees from annual term served, paid quarterly
License Agreement Worldwide License Agreement
Common stock value issued.
DERIVATIVE LIABILITY AS FOLLOWS
Completed financing amount to trigger issuance of common stock
Completed financing amount to trigger issuance of common stock
Convertible Debt agreement with The Venture Group
Agreed to pay advance
Risk free interest rate %
Risk free interest rate %
Common stock issued per share
Common stock issued per share as on the date.
Convertible Debt HEP Investments
Write off of impairment loss included in General and Administrative expenses
Write off of impairment loss included in General and Administrative expenses
Leasehold improvements
Gross amount, at the balance sheet date, of long-lived, depreciable assets that are an addition or improvement to assets held under lease arrangement.
BASIS OF PRESENTATION CONSISTS OF
Fair Value Measurements
LOAN PAYABLE
Net Cash Provided by Financing Activities
Payment of deferred finance costs
Amortization of bond discount
Interest expense
Professional fees and Consulting expense
Deferred Rent
Entity Voluntary Filers
Subsequent events - Executive Compensation
Sale of common stock through exercise of warrant
Interest to be paid on tranche and unpaid principal not previously converted into common stock
Interest to be paid on tranche and unpaid principal not previously converted into common stock
Interest rate p.a.
Interest rate p.a.
Exercised,
warrants Exercised,
Issue of common stock
Issue of common stock
Warrants
warrants
Statement, Equity Components [Axis]
Shareholders equities board of directors fees
Annual Rate of dividend
Annual Rate of dividend
Expected volatality.
Expected volatality.
Advances in aggregate by Venture Group
Advances in aggregate by Venture Group
Pricipal amount of the debt.
Pricipal amount of the debt.
Rate of dividends.(per annum)
Rate of dividends.(per annum)
Full funding as per loan agreement
To issue common stock as per agreement
Amount reclassified as loan payable to HEP Investments LLC.
Advance by Christopher Maggiore, a signifcant shareholder
Property and Equipment Net.
Tangible assets that are held by an entity for use in the production or supply of goods and services, for rental to others, or for administrative purposes and that are expected to provide economic benefit for more than one year; net of accumulated depreciation. Examples include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software.
Expected term in years
Expected term in years
Proceeds from loans payable other.
Net proceeds from the issuance of other loans
STOCKHOLDERS WARRANTS
Shipping and Handling Costs
Property and Equipment Policy
CONVERTIBLE DEBT
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES {1}
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
Net Cash (Used) by Operating Activities
CURRENT ASSETS:
Entity Registrant Name
Convertible price per share {1}
Convertible price per share
Convertible price per share
Shares recieved as part of cashless exercise of warrants
Shares recieved as part of cashless exercise of warrants
Warrants"
warrants
Exercisable Warrants Number
Warrants granted vested on grant
Warrants granted vested on grant
Amount provided by each partner
Amount provided by each partner
Common stock shares issued under obligation
Common stock shares issued under obligation
Closing stock price,.
Closing stock price,.
Convertible debt discount on debt on the remaining notes
Amount classified as loan payable
Convertible debt additional agreement with HEP Investments
Differential amount classified as Loan payable until threshold is reached
Volatility rate maximum range.
Volatility rate maximum range.
Convertible Debt Interest rate
Convertible Secured Promissory Note in the initial principal amount
Money related to overall financing by Venture group
Money related to overall financing by Venture group
Fully Depreciated fixed assets written off as a result of lease expiration
The current period expense charged against earnings on long-lived, physical assets not used in production, and which are not intended for resale, to allocate or recognize the cost of such assets over their useful lives; or to record the reduction in book value of an intangible asset over the benefit period of such asset; or to reflect consumption during the period of an asset that is not used in production.
Potentially Dulutive securities- Common Shares from convertible debentures
Potentially Dulutive securities- Common Shares from convertible debentures
stockholders deficit.
stockholders deficit.
Convertible debt consists of the following
OBLIGATION TO ISSUE COMMON STOCK {1}
OBLIGATION TO ISSUE COMMON STOCK
The entire disclosure for the Obligation to Issue Common Stock of the entity during the period.
DESCRIPTION OF BUSINESS {1}
DESCRIPTION OF BUSINESS
Discount on Debentures
Remaining amortization period for any discount on the liability component of convertible debt which may be settled in cash upon conversion.
Supplemental Disclosures of Cash Flow Information:
Changes in assets and liabilities:
Fair value adjustment of Derivative Liability
Amortization of intangibles
STOCKHOLDERS' DEFICIT:
Loan Payable - Other
Document Period End Date
Subsequent events - Essex Angel Capital
Gross Proceeds received to date
Discount off of the ten day trailing quoted price of common stock,
Discount off of the ten day trailing quoted price of common stock,
Weighted Average Exercise Price.
Stockholders equity Warrants Outstanding
Volatility rate
Volatility rate
Additional shares issued
Additional shares issued
Risk free rate per annum,.
Risk free rate per annum,.
1% Convertible notes payable, net of unamortized discount of $34,431 and $45,300 respectively, due at various dates ranging from January 2014 to September 2014
1% Convertible notes payable, net of unamortized discount of $34,431 and $45,300 respectively, due at various dates ranging from January 2014 to September 2014
Investments threshold whereby advances become convertibel debt
Investments threshold whereby advances become convertibel debt
Pre payment premium %
Pre payment premium %
Initial principal amount (600,000) advance paid by Lender
Initial principal amount (600,000) advance paid by Lender as on the date.
Less: Accumulated amortization
Less: Accumulated amortization
Property and Equipments
Costs of patents written off (ProAlgaZyme)
Costs of patents written off (ProAlgaZyme)
STOCKHOLDERS' DEFICIENCY
Issue of convertibe debentures.
the issuance of a long-term debt instrument which can be exchanged for a specified amount of another security, typically the entity's common stock, at the option of the issuer or the holder.
(Decrease) in Cash
Net Loss
OTHER INCOME (EXPENSE):
REVENUES
TOTAL LIABILITIES
LONG TERM LIABILITIES:
Amendment Flag
Price equal to weighted average price of the said shares on OTCBB For fixed trading days ending on the closing date
Price equal to weighted average price of the said shares on OTCBB For fixed trading days ending on the closing date
Price equal to weighted average price of the said shares on OTCBB For fixed trading days ending on the closing date
The term of the Note is tranched at $250,000 levels and each tranche has a specified term in months
The term of the Note is tranched at $250,000 levels and each tranche has a specified term in months
Outstanding,
Outstanding,
Outstanding,
Outstanding, warrants
Issued.
Issued
Exercisable Warrants Exercise Price
Outstanding WarrantsAverageWeighted Remaining Contractual Life in Years
Warrants to purchase shares upon identification of bio active agents and upon the entering into contract
Warrants to purchase shares upon identification of bio active agents and upon the entering into contract
Commitments And Contingencies As Follows
Common stock shares issued under obligation.
Common stock shares issued under obligation.
Closing Stock price assumed
Closing Stock price assumed
Convertible Debt Unamortized discount information
Long term portion notes payable
Volatality percentage.'
Volatality percentage.'
Advances on January 26, 2012
Advances on January 26, 2012
Debt discount against loan
Debt discount against loan
Amortization of definite life intangible assets.
Amortization of definite life intangible assets.
Property and Equipment Gross
Gross amount, at the balance sheet date, of long-lived physical assets used in the normal conduct of business and not intended for resale. This can include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software.
Advertising/Public Relation costs charged to operating expenses
Advertising/Public Relation costs charged to operating expenses
PROPERTY AND EQUIPMENT AS FOLLOWS
Revenue Recognition
LICENSE AGREEMENT {1}
LICENSE AGREEMENT
Entire Disclosure for License Agreement.
DEFINITE-LIFE INTANGIBLE ASSETS
Cash Flow from Financing Activities:
Finance costs paid in stock and warrants
Amortization of Bond Discount
COSTS AND EXPENSES:
Common stock shares outstanding
Common stock par value
Additional Paid-In Capital
Current Fiscal Year End Date
Prepayment premium,,
Prepayment premium,,
Amounts advanced under the note
Amounts advanced under the note
Expired,
warrants Expired
Issue of warrants
Issue of warrants
Warrants.
warrants
Proceeds from exclusive distribution rights
Proceeds from exclusive distribution rights
Risk free interest rate per annum
Risk free interest rate per annum
Issuance of cotingent common stock shares as per agreement
Issuance of cotingent common stock warrants as per agreement
Amount classified as convertible debenture payable
Amount classified as convertible debenture payable
Other income of change in fair value of derivative liability.
Other income of change in fair value of derivative liability.
Convertible Debt consist of the following
Full funding as per loan agreement
Impairment charges of patents
Write off of impairment loss included in General and Administrative expenses
Property and Equipment Depreciation
Tangible assets that are held by an entity for use in the production or supply of goods and services, for rental to others, or for administrative purposes and that are expected to provide economic benefit for more than one year; net of accumulated depreciation. Examples include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software.
Maximum percentage of Expected volatility
Maximum percentage of Expected volatility
Basis of Presenation working capital
Proceeds from loans payable other.
Warrants outstanding and exercisable
Tabular Disclosure for Warrants outstanding and exercisable.
Deferred Financing Costs Policy
CONVERTIBLE DEBT {1}
CONVERTIBLE DEBT
The entire disclosure for the Convertible Debt of the entity during the period.
Cash Flows for Operating Activities:
Total Other Income (Expense)
Convertible Debenture Payable, less discount of $921,238 and $517,542 at March 31, 2013 and December 31, 2012
The portion of the carrying value of long-term convertible debt as of the balance sheet date that is scheduled to be repaid within one year or in the normal operating cycle if longer. Convertible debt is a financial instrument which can be exchanged for a specified amount of another security, typically the entity's common stock, at the option of the issuer or the holder.
PROPERTY AND EQUIPMENT, NET
Entity Current Reporting Status
Compensation to be paid to Mr.Rice CFO
Compensation to be paid to Mr.Rice CFO
Advance Received from Venture Group
Advance Received from Venture Group
Subsequent events HEP Investments time lines to commit to the remaining funding
Interest rate p.a.
Exercise price of warrants
Exercise price of warrants
Warrants:
warrants
Warrants granted purchase common stock shares
Warrants granted purchase common stock shares
Contractual Life of the note in years.
Contractual Life of the note in years.
Amortization of the debt discount on remaining notes
Amortization of the debt discount on remaining notes
Additional advance made by the HEP Investments (addition to $2,000,000 previous convertible notes)
Additional advance made by the HEP Investments (addition to $2,000,000 previous convertible notes)
Rate of dividends.
Rate of dividends.
Reduction to carrying amount of convertible debt and as an additional paid in capital
Reduction to carrying amount of convertible debt and as an additional paid in capital
Interest Percentage
Percentage of the Interest on Loans
Advance agreed under loan agreement
The amount of advance agreed under loan agreement.
Balance due to Mr.Maggiore
Balance due to Mr.Maggiore
Definite life Intangible Assets Gross
The current period expense charged against earnings on long-lived, physical assets not used in production, and which are not intended for resale, to allocate or recognize the cost of such assets over their useful lives; or to record the reduction in book value of an intangible asset over the benefit period of such asset; or to reflect consumption during the period of an asset that is not used in production.
Minimum Risk free rate percentage
Minimum Risk free rate percentage
Summary Significant Accounting Policies Parentheticals
stockholders deficit.
Fair Value Of Warrants Estimated {1}
Fair Value Of Warrants Estimated
Tabular Disclosure For Fair Value Of Warrants Estimated on the date of grant using the Black-Scholes option-pricing model.
Supplemental Disclosure of Non-Cash Investing and Financing Activities:
Income Taxes
NET LOSS
Finance costs paid in stock
For an unclassified balance sheet, the carrying amount (net of accumulated amortization) as of the balance sheet date of capitalized costs associated with the issuance of debt instruments (for example, legal, accounting, underwriting, printing, and registration costs) that will be charged against earnings over the life of the debt instruments to which such costs pertain.
LOSS FROM OPERATIONS
Total Current Liabilities
Accrued Liabilities {1}
Accrued Liabilities
Accounts Payable {1}
Accounts Payable
Entity Central Index Key
Document and Entity Information
Monthly salary to Mr.Rice
Monthly salary to Mr.Rice
Discount off of the ten day trailing quoted price of common stock {1}
Discount off of the ten day trailing quoted price of common stock
Discount off of the ten day trailing quoted price of common stock
Warrants Issued and outstanding for the year ended 2012
Exercisbale Warrants Weighted Average Exercise Price
Warrants granted vested on Sept 30, Dec.31, 2012 and March 31, of 2013
Warrants granted vested on Sept 30, Dec.31, 2012 and March 31, of 2013
Warrants to purchase shares upon pharmaceutical development agreement
"Warrants to purchase shares upon pharmaceutical development agreement"
Additional common stock issued
Additional common stock issued value
Volatality percentage,.
Volatality percentage,.
Total debt convertible.
carrying amount of debt identified as being convertible into another form of financial instrument (typically the entity's common stock) as of the balance sheet date, which originally required full repayment more than twelve months after issuance or greater than the normal operating cycle of the company
Agreement to make investments upto a limit in convertible notes
Agreement to make investments upto a limit in convertible notes
Risk free interest rate.
Risk free interest rate.
Notice period in days for prepayment of notes
Notice period in days for prepayment of notes
Amount due to Venture Group
Amount due to Venture Group
LOAN PAYABLE RELATED PARTY
Definite lives Intangible Assets Patents Net.
The current portion of nonphysical assets, excluding financial assets, if these assets are classified into the current and noncurrent portions.
Potentially Dulutive securities- Common shares from outstanding warrants
Potentially Dulutive securities- Common Shares from outstanding warrants
Research Expenses - Salaries and equipment related expenses
Research Expenses - Salaries and equipment related expenses
SUBSEQUENT EVENTS {1}
SUBSEQUENT EVENTS
Cash Flows for Parentheticals
Proceeds of loan payable, other
(Decrease) in deferred rent
Amortization of deferred finance costs
Amortization of Deferred Finance Costs
The charge during the period representing the systematic and rational allocation of deferred finance costs over the term of the debt arrangement to which it pertains.
REVENUES:
Deposits {1}
Deposits
ASSETS
Document Fiscal Year Focus
Premium amount of the closing price percentage
Premium amount of the closing price percentage
The tranche between $3 million and $3.75 million must be funded within specified days of the execution of the Note
The tranche between $3 million and $3.75 million must be funded within specified days of the execution of the Note
Contingent common stock shares to be issued upon completing the financing as per agreement
Contingent common stock shares to be issued upon completing the financing as per agreement
Subsequent events HEP Investments
Exercised.
exercised
Outstanding Warrants Range of
Annual rate of dividends
Annual rate of dividends
Valuation Assumptions- Fair Value of Derivative Liability Related to HEP Investments, LLC parentheticals
Risk free rate per annum,.
1% Convertible notes payable unamortized discount
1% Convertible notes payable unamortized discount
Rate of dividend percent.'
Rate of dividend percent.'
Differential amount classified as Loan payable until threshold is reached
Threshold amount as per the terms of agreement
Derivative liability recorded.
Derivative liability recorded.
Final increment amount
Final increment amount as on the date.
Loan converted into Convertible Secured Promissory Notes
Loan converted into Convertible Secured Promissory Notes
Furniture and fixtures
Gross amount, at the balance sheet date, of long-lived, depreciable assets commonly used in offices and stores. Examples include desks, chairs, and store fixtures.
Stock Based compensation
Advertising/Public Relation costs charged to operating expenses
Property, Plant, and Equipment
COMMITMENTS AND CONTINGENCIES {1}
COMMITMENTS AND CONTINGENCIES
DERIVATIVE LIABILITY
Discounts recorded on Issue of convertibe debentures.
The amount of debt discount that was originally recognized at the issuance of the instrument that has yet to be amortized.
General and Administrative
COMMITMENTS AND CONTINGENCIES
Loan Payable - Related Party
LIABILITIES AND STOCKHOLDERS' DEFICIT
Total Assets
Sale of common stock through exercise of warrant
Sale of common stock through exercise of warrant
The term of the Note is tranched at fixed amount and each tranche has a 24 month term.
The term of the Note is tranched at fixed amount and each tranche has a 24 month term.
Convertible price per share
The price per share at which the convertible preferred stock of an entity that has priority over common stock in the distribution of dividends and in the event of liquidation of the entity is redeemed at. The redemption features of this convertible preferred stock that are solely within the control of the issuer.
Outstanding,.. {1}
Outstanding,..
Outstanding, warrants
Closing stock price per share
Expected volatality
Expected volatality
Dividend rate percentage
Dividend rate percentage
Derivative Liabilitiy Recorded.
Derivative Liabilitiy Recorded.
Issuance of cotingent common stock warrants as per agreement
Issuance of cotingent common stock warrants as per agreement
Remaining Payments on February 3, 2012
Remaining Payments on February 3, 2012
Convertible debt additional advances from HEP Investments
Issuance of cotingent common stock warrants as per agreement
Convertible Debt HEP Investments, LLC agreement
Impairment charges representing unamortized basis of patents related to ProAlgaZyme
Impairment charges representing unamortized basis of patents related to ProAlgaZyme
Less accumulated depreciation and amortization
Amount of accumulated depreciation and amortization at the balance sheet date adjustments.
Net Losses
The net gain (loss) on trading activities (including both derivative and nonderivative instruments) recognized in the statement of financial performance.
Research and Development Policy
Cash and Cash Equivalents Policy
STOCKHOLDERS' DEFICIENCY {1}
STOCKHOLDERS' DEFICIENCY
LICENSE AGREEMENT
PROPERTY AND EQUIPMENT {1}
PROPERTY AND EQUIPMENT
PROPERTY AND EQUIPMENT
Net Cash (Used) by Investing Activities
Depreciation expense
Adjustments to reconcile net loss to net cash used by operating activities:
Total Stockholders' Deficit
Convertible Debenture Payable, less discount of $22,526 and $223,692 at March 31, 2013 and December 31, 2012
The portion of the carrying value of long-term convertible debt as of the balance sheet date that is scheduled to be repaid within one year or in the normal operating cycle if longer. Convertible debt is a financial instrument which can be exchanged for a specified amount of another security, typically the entity's common stock, at the option of the issuer or the holder.
Definite-life intangible Assets, net
Entity Filer Category
Issue of warrants to purchase common stock as bonus incentive
Compensation to be paid to Mr.Rice CFO
Prepayment notice period in days,,
Prepayment notice period in days,,
Minimum Amounts to be funded within 20 days of the execution of Note
Minimum Amounts to be funded within 20 days of the execution of Note
Number of Warrant,
warrants Expired
Exercise of cashless warrants for common stock
Exercise of cashless warrants for common stock
Warrants,
warrants
Warrants to purchase upon business contract of at least amount in $
Warrants to purchase upon business contract of at least
Fair value of the derivative recorded
Fair value of the derivative recorded
Risk free interest rate per annum.
Risk free interest rate per annum.
Amount classified as Loan payable (remainder)
Amount classified as loan payable
Fair value of the warrants.
Fair value of the warrants.
Advance agreed under loan agreement {1}
Advance agreed under loan agreement
Advance agreed under loan agreement
Working capital advances by officers of the company
Working capital advances by officers of the company
Maximum Risk free rate percentage
Maximum Risk free rate percentage
Concentrations of Credit Risk
Accounting Policies
OBLIGATION TO ISSUE COMMON STOCK
Cash paid during the period for:
Proceeds from issuance of convertible debentures
Payments of other borrowings
(Increase) in security deposits
Total Revenues
Deferred revenue, noncurrent
CURRENT LIABILITIES:
Quarterly Issuance of warrants to purchase common stock
Quarterly Issuance of warrants to purchase common stock
Total funding commitment of the Group
Advance Received from Venture Group
If any amount less than $3 million is unfunded within the 20 day period, then the Tranche in excess of $2 million is convertible into the Company's restricted common stock at
Discount off of the ten day trailing quoted price of common stock
Subsequent events HEP Investments- Issue of Common stock
"Warrants to purchase shares upon pharmaceutical development agreement"
Total warrants
Total warrants
warrants
Warrants valued
Warrants valued
Common stock value issued
Common stock shares issued under obligation and its value in amount
Remaining Contractual Life of the note in years,.
Remaining Contractual Life of the note in years,.
Convertible Debt Details of debt instruments
Amortization of the debt discount on remaining notes
Advances from HEP Investments Paretheticals
Additional advance made by the HEP Investments (addition to $2,000,000 previous convertible notes)
Non cash financing charges (in connection with $325,000 in convertible notes)
Non cash financing charges (in connection with $325,000 in convertible notes)
Company's restricted common stock at the lesser of per share
Company's restricted common stock at the lesser of per share
Convertible Secured Promissory Note in the initial principal amount
The amount of Convertible Secured Promissory Note in the initial principal amount as on the date.
Loan advanced by HEP Investments, LLC
Loan advanced by HEP Investments, LLC
Concentrations of Credit Risk {1}
Concentrations of Credit Risk
Potentially Dulutive securities- Common Shares from outstanding warrants
Amortization of deferred financing costs
Amortization of deferred financing costs
Summary of the status of warrants
Loss Per Share Policy
Stock Based Compensation Policy
Accounting Estimates
Principles of Consolidation
DESCRIPTION OF BUSINESS
Research and Development
Discount of Convertible Debenture Payable current,
The amount of debt discount (net of debt premium) that was originally recognized at the issuance of the instrument that has yet to be amortized.
Entity Common Stock, Shares Outstanding
Assets to be purchased as per Asset Purchase Agreement
Assets to be purchased as per Asset Purchase Agreement
Convertible price per share,,
Convertible price per share,,
Contingent common stock warrants to be issued upon completing the financing as per agreement
Contingent common stock warrants to be issued upon completing the financing as per agreement
Outstanding,..
Outstanding,..
Outstanding,..
Number of shares issued and outstanding as of the balance sheet date.
Outstanding Warrants Number
Outstanding warrants range of member
Discount rate
Discount rate
Annual base salary
Annual base salary
Amount of Common Stock to be Issued
Additional common stock issued value
Additional Derivative Liabilitiy Recorded
Additional Derivative Liabilitiy Recorded
Current portion notes payable
Current portion notes payable
Deferred debt discount amount
Deferred debt discount amount
Agreed to pay advance
Agreed to pay advance
Remaining balance amount of Convertible promissory note
Remaining balance amount of Convertible promissory note as on the date.
Loans payable remaining balance
Loans payable remaining balance
Equipment
This element represents equipment expense including depreciation, repairs, rentals, and service contract costs. This item also includes equipment purchases which do not qualify for capitalization in accordance with the entity's accounting policy. This item may also include furniture expenses.
Clinical Studies expenses - fees, charges and related expenses
Clinical Studies expenses - fees, charges and related expenses
SUBSEQUENT EVENTS
DERIVATIVE LIABILITY {1}
DERIVATIVE LIABILITY
LOAN PAYABLE {1}
LOAN PAYABLE
Entire Disclosure For Loan Payable DuringThe Period
Increase in accrued liabilities
WEIGHTED AVERAGE BASIC AND DILUTED SHARES OUTSTANDING
The average number of shares or units issued and outstanding that are used in calculating basic and diluted EPS.
Total Costs and Expenses
Common stock shares authorized
Deferred Finance Costs
Cash {1}
Cash
Cash at Beginning of Period
Cash at End of Period
Statement [Line Items]
Statement [Table]
Document Fiscal Period Focus