XML 55 R38.htm IDEA: XBRL DOCUMENT v2.4.0.6
EQUITY (Details Narrative) (USD $)
6 Months Ended 3 Months Ended
Jun. 30, 2012
Dec. 31, 2011
Jun. 30, 2012
OptionsMember
Jun. 30, 2012
WarrantMember
Jun. 30, 2012
PrivatePlacementsOtherIssuancesAndCancellationsMember
Jun. 30, 2012
CommonAndPreferredStockMember
Jun. 30, 2012
EmployeeAndDirectorMember
Jun. 30, 2012
SeriesAPreferredStockMember
CommonAndPreferredStockMember
Jun. 30, 2012
SeriesBPreferredStockMember
CommonAndPreferredStockMember
Jun. 30, 2012
SeriesCPreferredStockMember
CommonAndPreferredStockMember
Authorized to issue shares of common stock 1,000 1,000       150,000,000   10,000,000 1,000 500
Share price, par value $ 0.01 $ 0.01 $ 0.10     $ 0.01   $ 0.001 $ 0.01 $ 0.01
Common shares issued and outstanding 74,490,670 74,171,996 1,200,000     74,490,670   0 103.3 125
Accumulated dividend                 $ 670,808  
Liquidation preference                 $ 10,000 $ 10,000
Convertible price                   $ 0.25
Options issued and outstanding     700,000              
Exercise price     $ 0.09              
Volatility duration       90 days            
Volatility rate       40.00%            
Shares issued of common stock for services         191,667   700,000      
Fair value expense of services rendered         $ 17,250   $ 22,644