XML 39 R36.htm IDEA: XBRL DOCUMENT v2.4.0.8
CONVERTIBLE PREFERRED STOCK (Detail Textuals) (USD $)
9 Months Ended 12 Months Ended 1 Months Ended 9 Months Ended 12 Months Ended 1 Months Ended
Sep. 30, 2014
Dec. 31, 2013
Jan. 31, 2013
Subscription Agreement
Jan. 31, 2013
Subscription Agreement
Verify Me
Sep. 30, 2014
Subscription Agreement
Verify Me
Dec. 31, 2013
Subscription Agreement
Verify Me
Dec. 31, 2013
Subscription Agreement
Preferred Class
Aug. 31, 2013
Subscription Agreement
Convertible Preferred Stock
Verify Me
Jan. 31, 2013
Subscription Agreement
Convertible Preferred Stock
Verify Me
Aug. 31, 2013
Subscription Agreement
Common Stock
Verify Me
Jan. 31, 2013
Subscription Agreement
Common Stock
Verify Me
Class of Stock [Line Items]                      
Number of preferred stock purchased                 33,333,333    
Number of common stock called by warrants (in shares)                     33,333,333
Value of shares issued                     $ 1,000,000
Exercise price of warrants                 $ 0.12   $ 0.12
Convertible preferred stock description     (i) the consummation of any bona fide business acquisition, (ii) the incurrence of any indebtedness by the Company in an amount in excess of $2 million, (iii) the issuance or sale of any security having a preference on liquidation senior to common stock, or (iv) the sale by the Company of capital stock or warrants exercisable for its capital stock at a price below $0.03 per share.                
Excess amount for incurring indebtedness     2,000,000                
Exercise price of capital stock or warrant     $ 0.03                
Preferred stock value 633,333 633,333 1,000,000                
Beneficial conversion feature at fair market value       1,000,000 400,000 800,000          
Fair value of warrants 1,595,967 2,300,000 2,995,791                
Fair value of warrants recorded as charge to expenses     2,995,791                
Initial conversion price per share (in dollars per share)             $ 0.03        
Preferred stock value in noncash transaction               $ 366,667      
Shares of common stock shares issued on conversion                   12,222,222