2.4.0.8000120 - Disclosure - Stock Optionstruefalsefalse1false falsefalseD120401_130331http://www.sec.gov/CIK0001449574duration2012-04-01T00:00:002013-03-31T00:00:001true 1us-gaap_DisclosureTextBlockAbstractus-gaap_truenadurationfalsefalsefalsefalsefalsefalsefalsefalse1falsefalsefalse00falsefalsefalsexbrli:stringItemTypestringfalse0Notes2false 2us-gaap_OptionIndexedToIssuersEquityDescriptionTextBlockus-gaap_truenadurationfalsefalsefalsefalsefalsefalsefalsefalse1falsefalsefalse007.         Stock options   On February 16, 2012 the company granted a non-qualified stock option to its newly appointed director, Thomas Trkla as compensation for his services. The director is entitled to purchase a total of three hundred thousand (300,000) shares of restricted common stock for a price equal to $0.30 per share (Exercise Price), exercisable over a ten-year period thereafter. The option were vested during the twelve month period. As to the total number of Shares with respect to which the Option is granted, the Option was exercisable as follows: (i) 25% of the Option in the aggregate was exercisable upon the mutual execution of the Agreement (ii) 50% of the Option in the aggregate was exercisable on or after the four month anniversary of the Grant Date; (iii) 75% of the Option in the aggregate was exercisable on or after the eight month anniversary of the Grant Date; and (iv) 100% of the Option in the aggregate was exercisable on or after the twelve month anniversary of the Grant Date (the twelve month period commencing on the Grant Date and ending on the twelve month anniversary of the Grant Date being referred to as the Vesting Period).   As of March 31, 2013, the director has not exercised any rights. The total fair value of these options at the date of grant was estimated to be $180,000 and was determined using the Black-Scholes option pricing model with an expected life of 10 years, a risk free interest rate of 1.99%, a dividend yield of 0% and expected volatility of 419% . Out of this $180,000 was recorded as stock based compensation expense through March 31, 2013 based on three hundred thousand (300,000) options vested.   <table border="0" cellspacing="0" cellpadding="0"> <tr align="left"> <td width="190" style='width:142.6pt;padding:0'></td> <td width="21" style='width:15.85pt;padding:0'>   </td> <td width="127" style='width:95.4pt;padding:0'> Number of Options </td> <td width="14" style='width:10.45pt;padding:0'>   </td> <td width="113" style='width:84.6pt;padding:0'> Weighted-Average Exercise Price per share </td> <td width="14" style='width:10.45pt;padding:0'>   </td> <td width="97" style='width:72.65pt;padding:0'> Weighted- Average Remaining Life (Years) </td> </tr> <tr align="left"> <td width="190" style='width:142.6pt;background:#CCFFFF;padding:0'> Outstanding at as at 4.01.2012 </td> <td width="21" style='width:15.85pt;background:#CCFFFF;padding:0'>   </td> <td width="127" style='width:95.4pt;background:#CCFFFF;padding:0'> 300,000 </td> <td width="14" style='width:10.45pt;background:#CCFFFF;padding:0'>   </td> <td width="113" style='width:84.6pt;background:#CCFFFF;padding:0'> $      0.30 </td> <td width="14" style='width:10.45pt;background:#CCFFFF;padding:0'>   </td> <td width="97" style='width:72.65pt;background:#CCFFFF;padding:0'> 9.88 </td> </tr> <tr align="left"> <td width="190" style='width:142.6pt;padding:0'> Granted </td> <td width="21" style='width:15.85pt;padding:0'>   </td> <td width="127" style='width:95.4pt;padding:0'> 0 </td> <td width="14" style='width:10.45pt;padding:0'>   </td> <td width="113" style='width:84.6pt;padding:0'> - </td> <td width="14" style='width:10.45pt;padding:0'>   </td> <td width="97" style='width:72.65pt;padding:0'> - </td> </tr> <tr align="left"> <td width="190" style='width:142.6pt;background:#CCFFFF;padding:0'> Exercised </td> <td width="21" style='width:15.85pt;background:#CCFFFF;padding:0'>   </td> <td width="127" style='width:95.4pt;background:#CCFFFF;padding:0'> 0 </td> <td width="14" style='width:10.45pt;background:#CCFFFF;padding:0'>   </td> <td width="113" style='width:84.6pt;background:#CCFFFF;padding:0'> - </td> <td width="14" style='width:10.45pt;background:#CCFFFF;padding:0'>   </td> <td width="97" style='width:72.65pt;background:#CCFFFF;padding:0'> - </td> </tr> <tr align="left"> <td width="190" style='width:142.6pt;padding:0'> Cancelled </td> <td width="21" style='width:15.85pt;padding:0'>   </td> <td width="127" style='width:95.4pt;padding:0'> 0 </td> <td width="14" style='width:10.45pt;padding:0'>   </td> <td width="113" style='width:84.6pt;padding:0'> - </td> <td width="14" style='width:10.45pt;padding:0'>   </td> <td width="97" style='width:72.65pt;padding:0'> - </td> </tr> <tr align="left"> <td width="190" style='width:142.6pt;background:#CCFFFF;padding:0'> Outstanding at as at 3.31.2013 </td> <td width="21" style='width:15.85pt;background:#CCFFFF;padding:0'>   </td> <td width="127" style='width:95.4pt;background:#CCFFFF;padding:0'> 300,000 </td> <td width="14" style='width:10.45pt;background:#CCFFFF;padding:0'>   </td> <td width="113" style='width:84.6pt;background:#CCFFFF;padding:0'> $      0.30 </td> <td width="14" style='width:10.45pt;background:#CCFFFF;padding:0'>   </td> <td width="97" style='width:72.65pt;background:#CCFFFF;padding:0'> 8.88 </td> </tr> <tr align="left"> <td width="190" style='width:142.6pt;padding:0'> Exercisable at 3.31.2013 </td> <td width="21" style='width:15.85pt;padding:0'>   </td> <td width="127" style='width:95.4pt;padding:0'> 300,000 </td> <td width="14" style='width:10.45pt;padding:0'>   </td> <td width="113" style='width:84.6pt;padding:0'> $      0.30 </td> <td width="14" style='width:10.45pt;padding:0'>   </td> <td width="97" style='width:72.65pt;padding:0'>  - </td> </tr> </table>falsefalsefalsenonnum:textBlockItemTypenaThe entire disclosure for freestanding option contracts issued by an entity that are indexed to, and potentially settled in, an entity's own stock. Includes disclosure on the strike price and the number of shares to which the contract is indexed, the settlement date or dates of the contract, and the issuer's accounting for the contract. If the terms of the contract provide settlement alternatives, those settlement alternatives are disclosed, including who controls the settlement alternatives, and the maximum number of shares that could be required to be issued, to net share settle the contract, if applicable. If a contract does not have a fixed or determinable maximum number of shares that could be required to be issued, the fact that a potentially infinite number of shares that may be required to be issued to settle the contract is disclosed. Disclosure also includes the contract's current fair value for each settlement alternative and how changes in the price of the issuer's equity instruments affect those settlement amounts.Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 40 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=6445032&loc=d3e90193-114008 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 40 -Section 50 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=6445032&loc=d3e90198-114008 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 40 -Section 50 -Paragraph 5 -URI http://asc.fasb.org/extlink&oid=6445032&loc=d3e90205-114008 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 480 -SubTopic 10 -Section 55 -Paragraph 63 -URI http://asc.fasb.org/extlink&oid=6924035&loc=d3e23176-110880 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Glossary Freestanding Contract -URI http://asc.fasb.org/extlink&oid=6513800 false0Stock OptionsfalseStock OptionsUnKnownUnKnownUnKnownUnKnowntruefalsefalseSheethttp://ECRY/20130331/role/idr_DisclosureStockOptions12