2.4.0.8000090 - Disclosure - 6. Derivative Liabilitiestruefalsefalse1false falsefalseY13Q2http://www.sec.gov/CIK0001399306duration2013-04-01T00:00:002013-06-30T00:00:001true 1us-gaap_DisclosureTextBlockAbstractus-gaap_truenadurationfalsefalsefalsefalsefalsefalsefalsefalse1falsefalsefalse00falsefalsefalsexbrli:stringItemTypestringfalse0Notes2false 2us-gaap_DerivativeInstrumentsAndHedgingActivitiesDisclosureTextBlockus-gaap_truenadurationfalsefalsefalsefalsefalsefalsefalsefalse1falsefalsefalse006. DERIVATIVE LIABILITIES   The Company issued financial instruments in the form of convertible notes with embedded conversion features.  The convertible notes payable have conversion rates which are indexed to the market value of the Companys common stock price.   During the three month period ending June 30, 2013, $35,100 (June 30, 2012 - $nil) of convertible notes payable were converted into common stock of the Company.   These derivative liabilities have been measured in accordance with fair value measurements, as defined by GAAP. The valuation assumptions are classified within Level 3 inputs.   The following table represents the Companys derivative liability activity for the embedded conversion features discussed above:         <table border="0" cellspacing="0" cellpadding="0" width="65%" style='line-height:115%;width:65.36%;margin-left:81.9pt;border-collapse:collapse'> <tr style='height:12.75pt'> <td width="67%" valign="bottom" style='width:67.58%;padding:0in 5.4pt 0in 5.4pt;height:12.75pt'></td> <td width="8%" valign="bottom" style='width:8.16%;padding:0in 5.4pt 0in 5.4pt;height:12.75pt'></td> <td width="24%" rowspan="2" valign="bottom" style='width:24.26%;border:none;border-bottom:solid windowtext 1.0pt;padding:0in 5.4pt 0in 5.4pt;height:12.75pt'> June 30, 2013 </td> </tr> <tr style='height:12.75pt'> <td width="67%" valign="bottom" style='width:67.58%;padding:0in 5.4pt 0in 5.4pt;height:12.75pt'></td> <td width="8%" valign="bottom" style='width:8.16%;padding:0in 5.4pt 0in 5.4pt;height:12.75pt'></td> </tr> <tr style='height:12.75pt'> <td width="67%" valign="bottom" style='width:67.58%;background:#DCE6F1;padding:0in 5.4pt 0in 5.4pt;height:12.75pt'> Balance, beginning of year </td> <td width="8%" valign="bottom" style='width:8.16%;background:#DCE6F1;padding:0in 5.4pt 0in 5.4pt;height:12.75pt'>   </td> <td width="24%" valign="bottom" style='width:24.26%;background:#DCE6F1;padding:0in 5.4pt 0in 5.4pt;height:12.75pt'>   $      713,306  </td> </tr> <tr style='height:12.75pt'> <td width="67%" valign="bottom" style='width:67.58%;padding:0in 5.4pt 0in 5.4pt;height:12.75pt'> Initial recognition of derivative liability </td> <td width="8%" valign="bottom" style='width:8.16%;padding:0in 5.4pt 0in 5.4pt;height:12.75pt'></td> <td width="24%" valign="bottom" style='width:24.26%;padding:0in 5.4pt 0in 5.4pt;height:12.75pt'>              29,050  </td> </tr> <tr style='height:12.75pt'> <td width="67%" valign="bottom" style='width:67.58%;background:#DCE6F1;padding:0in 5.4pt 0in 5.4pt;height:12.75pt'> FV change in derivative liability </td> <td width="8%" valign="bottom" style='width:8.16%;background:#DCE6F1;padding:0in 5.4pt 0in 5.4pt;height:12.75pt'>   </td> <td width="24%" valign="bottom" style='width:24.26%;background:#DCE6F1;padding:0in 5.4pt 0in 5.4pt;height:12.75pt'>            561,332  </td> </tr> <tr style='height:12.75pt'> <td width="67%" valign="bottom" style='width:67.58%;padding:0in 5.4pt 0in 5.4pt;height:12.75pt'> Conversion of derivative liability to APIC </td> <td width="8%" valign="bottom" style='width:8.16%;padding:0in 5.4pt 0in 5.4pt;height:12.75pt'></td> <td width="24%" valign="bottom" style='width:24.26%;padding:0in 5.4pt 0in 5.4pt;height:12.75pt'></td> </tr> <tr style='height:12.75pt'> <td width="67%" valign="bottom" style='width:67.58%;background:#DCE6F1;padding:0in 5.4pt 0in 5.4pt;height:12.75pt'>     Asher Note #4 </td> <td width="8%" valign="bottom" style='width:8.16%;background:#DCE6F1;padding:0in 5.4pt 0in 5.4pt;height:12.75pt'>   </td> <td width="24%" valign="bottom" style='width:24.26%;background:#DCE6F1;padding:0in 5.4pt 0in 5.4pt;height:12.75pt'>            (37,291) </td> </tr> <tr style='height:12.75pt'> <td width="67%" valign="bottom" style='width:67.58%;padding:0in 5.4pt 0in 5.4pt;height:12.75pt'>     Asher Note #11 </td> <td width="8%" valign="bottom" style='width:8.16%;padding:0in 5.4pt 0in 5.4pt;height:12.75pt'></td> <td width="24%" valign="bottom" style='width:24.26%;border:none;border-bottom:solid windowtext 1.0pt;padding:0in 5.4pt 0in 5.4pt;height:12.75pt'>            (10,673) </td> </tr> <tr style='height:13.5pt'> <td width="67%" valign="bottom" style='width:67.58%;background:#DCE6F1;padding:0in 5.4pt 0in 5.4pt;height:13.5pt'> Balance as of June 30, 2013 </td> <td width="8%" valign="bottom" style='width:8.16%;background:#DCE6F1;padding:0in 5.4pt 0in 5.4pt;height:13.5pt'>   </td> <td width="24%" valign="bottom" style='width:24.26%;border:none;border-bottom:double windowtext 2.25pt;background:#DCE6F1;padding:0in 5.4pt 0in 5.4pt;height:13.5pt'>   $   1,255,724  </td> </tr> </table>      falsefalsefalsenonnum:textBlockItemTypenaThe entire disclosure for derivative instruments and hedging activities including, but not limited to, risk management strategies, non-hedging derivative instruments, assets, liabilities, revenue and expenses, and methodologies and assumptions used in determining the amounts.Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4K -URI http://asc.fasb.org/extlink&oid=7476318&loc=SL5708775-113959 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4B -URI http://asc.fasb.org/extlink&oid=7476318&loc=SL5624163-113959 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 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