XML 13 R33.htm IDEA: XBRL DOCUMENT

Stockholders' Equity (Details) (USD $)	3 Months Ended
Stockholders' Equity (Details) (USD $)	Mar. 31, 2015	Mar. 31, 2014	Dec. 31, 2014	Aug. 28, 2014
Stockholders' Deficit [Abstract]
Preferred stock, par value per share	$ 0.0001
Preferred stock, shares authorized	10,000,000us-gaap_PreferredStockSharesAuthorized		0us-gaap_PreferredStockSharesAuthorized
Preferred stock, shares issued	0us-gaap_PreferredStockSharesIssued		0us-gaap_PreferredStockSharesIssued
Preferred stock, shares outstanding	0us-gaap_PreferredStockSharesOutstanding		0us-gaap_PreferredStockSharesOutstanding
Common stock, par value per share	$ 0.0001		$ 0.0001
Common stock, shares authorized	300,000,000us-gaap_CommonStockSharesAuthorized		300,000,000us-gaap_CommonStockSharesAuthorized
Common Stock, shares issued	86,007,248us-gaap_CommonStockSharesIssued		71,400,000us-gaap_CommonStockSharesIssued	71,400,000us-gaap_CommonStockSharesIssued
Common Stock, shares outstanding	86,007,248us-gaap_CommonStockSharesOutstanding		68,000,000us-gaap_CommonStockSharesOutstanding	68,000,000us-gaap_CommonStockSharesOutstanding
Common stock, shares placed into escrow			3,400,000
Stock issued in a private placement, shares	2,716,000
Stock issued in a private placement	$ 6,790,000
Proceeds from private placement offering	4,264,950
Subscription receivable	$ 2,500,000
Registration Rights Agreement, Terms	In connection with the PPO, the Company entered into a Registration Rights Agreement (the “Registration Rights Agreement”) with the purchasers in the PPO, the holder of the Bridge Note and the IR Firm, pursuant to which the Company agreed that promptly, but no later than 90 days following the maturity date of the PPO Note (such maturity date being 90 calendar days after the closing of the PPO), the Company will file a registration statement with the SEC (the “Registration Statement”) covering (a) all of the PPO Shares issued in the PPO, (b) the Bridge Note Conversion Shares issued upon conversion of the Bridge Note, (c) the Lower Price Shares, if any, (d) the IR Firm Shares and (e) any shares of the Company common stock issued or issuable with respect to the PPO Shares, Conversion Shares and Lower Price Shares upon any stock split, dividend or other distribution, recapitalization or similar event (collectively, the “PPO/Bridge Note Conversion Registrable Shares”). The Registration Statement will also cover 9% of the total number of shares issued to the former stockholders of Tyme in connection with the Merger. The Company is required to use commercially reasonable efforts to ensure that the Registration Statement is declared effective within 180 calendar days of filing with the SEC. If the Company is late in filing the Registration Statement or if the Registration Statement is not declared effective within 180 days of its filing with the SEC, liquidated damages payable in cash by the post-Merger Parent to the holders of the PPO/Bridge Note Conversion Registrable Shares that have not been so registered will commence to accrue at a rate equal to $0.01 per Conversion Share and $0.025 per PPO Share for each full month that (i) the Company is late in filing the Registration Statement or (ii) the Registration Statement is late in being declared effective by the SEC; provided, however, that in no event shall the aggregate of any such per share liquidated damages exceed $0.08 per Conversion Share and $0.20 per PPO Share.