2.4.0.80013 - Disclosure - Liabilities & Notes Payabletruefalsefalse1false falsefalseFrom2012-06-01to2013-05-31http://www.sec.gov/CIK0001365160duration2012-06-01T00:00:002013-05-31T00:00:001true 1DOMK_NotesToFinancialStatementsAbstractDOMK_falsenadurationfalsefalsefalsefalsefalsefalsefalsefalse1falsefalsefalse00falsefalsefalsexbrli:stringItemTypestringfalse0Notes to Financial Statements2false 2DOMK_LiabilitiesNotesPayableDOMK_falsenadurationfalsefalsefalsefalsefalsefalsefalsefalse1falsefalsefalse00ASHER CONVERTIBLE DEBENTURE $53,000   On January 30, 2013, the Company entered into an agreement with Asher Enterprises, a Delaware corporation, an accredited investor, whereby Asher Enterprises loaned the Company the aggregate principal amount of $53,000, less $3,000 for legal related costs, together with interest at the rate of eight percent (8%) per annum, until the maturity date of November 1, 2013. The original issue discount note, as described in ASC 480-55, may not be prepaid in whole or in part.   If the Note is not paid in full with interest on the maturity date, Asher has the right to convert this Note into restricted common shares of the Company. The Company at its option may elect to convert all or part of the principal and any accrued unpaid interest on these notes at any time or times on or before the maturity based on a conversion price. The conversion price (subject to equitable adjustments for stock splits, stock dividends or rights offerings by the Borrower) shall equal to 55% multiplied by the average of the two lowest closing prices during the fifteen (15) trading days prior to conversion notice.   The conversion feature within this note has been determined to be an embedded derivative liability requiring bifurcation and was valued using Black Scholes at $67,256. The Company also recognized a loss on Derivative Valuation of $143,689 for the year ended May 31, 2013.   ASHER CONVERTIBLE DEBENTURE $32,500   On April 15, 2013, the Company entered into an agreement with Asher Enterprises, a Delaware corporation, an accredited investor, whereby Asher Enterprises loaned the Company the aggregate principal amount of $32,500, less $3,000 for legal related costs, together with interest at the rate of eight percent (8%) per annum, until the maturity date of January 17, 2014. The original issue discount note, as described in ASC 480-55, may not be prepaid in whole or in part.   If the Note is not paid in full with interest on the maturity date, Asher has the right to convert this Note into restricted common shares of the Company. The Company at its option may elect to convert all or part of the principal and any accrued unpaid interest on these notes at any time or times on or before the maturity based on a conversion price. The conversion price (subject to equitable adjustments for stock splits, stock dividends or rights offerings by the Borrower) shall equal to 55% multiplied by the average of the two lowest closing prices during the fifteen (15) trading days prior to conversion notice.   The conversion feature within this note has been determined to be an embedded derivative liability requiring bifurcation and was valued using Black Scholes at $67,256. The Company also recognized a loss on Derivative Valuation of $93,889 for the year ended May 31, 2013falsefalsefalsenonnum:textBlockItemTypenacustom:Liabilities Notes PayableNo definition available.false0Note 7 - Liabilities & Notes PayablefalseLiabilities & Notes PayableUnKnownUnKnownUnKnownUnKnowntruefalsefalseNoteshttp://domarkintl.com/role/LiabilitiesNotesPayable12