Change in Fair Value of Warrant Liability (Tables)

6 Months Ended

Jun. 30, 2013

Change In Fair Value Of Warrant Liability Tables

Change in fair value of the warrants

The change in fair value of the warrants is recorded in the statement of operations and is estimated using the Black-Scholes option-pricing model with the following assumptions:

	For the Three Months Ended June 30, 2012			For the Six Months Ended June 30, 2012
Exercise price	$	0.25		$	0.25
Market value of stock at end of period	$	0.10		$	0.10
Expected dividend rate		0	%		0	%
Expected volatility		183% - 191	%		183% - 191	%
Risk-free interest rate		0.16	%		0.16	%