Deferred Offering Costs

6 Months Ended

Jun. 30, 2013

Deferred Offering Costs Disclosure [Abstract]

Deferred Offering Costs

Note 6 — Deferred Offering Costs

Deferred offering costs consist principally of legal, accounting and underwriters’ fees incurred through to June 30, 2013 that are related to the public offering of the Company’s common stock and warrants and will be charged to capital as of the completion of the offering. Please refer to Note 20 – Subsequent Events.

 

		Professional and Agents’ fees Paid		Professional and Agents’ fees Accrued		Total
December 31, 2012	$	57,500	$	142,071	$	199,571
Additions during period		22,590		20,479		43,069
March 31, 2013		80,090		162,550		242,640
Additions during period		25,076		72,763		97,839
Deferred Offering Costs as of June 30, 2013	$	105,166	$	235,313	$	340,479