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8. Convertible notes payable (Tables)
12 Months Ended
Dec. 31, 2012
Stockholders' Equity Note, Derivative Transactions Connected with Contingently Convertible Securities

Note

Amount

Issuance Date

Conversion Price in USD

Number of Shares

Effect on Dilution

Maturity Date

                 

1

$

48,245

January 31, 2011

$

0.10

482,448

1.90%

January 31, 2013

2

 

25,128

March 30, 2011

$

0.15

167,517

0.67%

March 30, 2013

3

 

50,000

March 30, 2011

$

0.15

333,333

1.32%

March 30, 2013

4

 

15,000

March 30, 2011

$

0.15

100,000

0.40%

March 30, 2013

5

 

30,153

March 30, 2011

$

0.15

201,020

0.80%

March 30, 2013

6

 

10,051

March 31, 2011

$

0.15

67,007

0.27%

March 31, 2013

7

 

10,051

March 31, 2011

$

0.15

67,007

0.27%

March 31, 2013

8

 

10,051

March 31, 2011

$

0.15

67,007

0.27%

March 31, 2013

9

 

100,510

March 31, 2011

$

0.15

670,067

2.62%

March 31, 2013

10

 

50,255

March 31, 2011

$

0.15

335,033

1.33%

March 31, 2013

11

 

30,153

March 31, 2011

$

0.15

201,020

0.80%

March 31, 2013

12

 

5,026

March 31, 2011

$

0.15

33,503

0.13%

March 31, 2013

13

 

6,031

June 15, 2011

$

0.10

60,306

0.24%

June 15, 2013

14

 

8,041

June 15, 2011

$

0.10

80,408

0.32%

June 15, 2013

15

 

4,020

June 15, 2011

$

0.10

40,204

0.16%

June 15, 2013

16

 

201,020

June 24, 2011

$

0.15

1,340,133

5.10%

June 24, 2013

17

 

30,153

June 30, 2011

$

0.15

201,020

0.80%

June 30, 2013

18

 

16,082

June 30, 2011

$

0.15

107,211

0.43%

June 30, 2013

19

 

70,357

June 30, 2011

$

0.15

469,047

1.85%

June 30, 2013

20

 

14,574

June 30, 2011

$

0.15

97,160

0.39%

June 30, 2013

21

 

50,255

June 30, 2011

$

0.15

335,033

1.33%

June 30, 2013

22

 

145,740

June 30, 2011

$

0.15

971,597

3.75%

June 30, 2013

23

 

5,026

July 30, 2011

$

0.15

33,503

0.13%

July 30, 2013

24

 

5,026

July 30, 2011

$

0.15

33,503

0.13%

July 30, 2013

25

 

5,026

July 30, 2011

$

0.15

33,503

0.13%

July 30, 2013

26

 

10,000

July 30, 2011

$

0.15

66,667

0.27%

July 30, 2013

27

 

10,051

July 30, 2011

$

0.15

67,007

0.27%

July 30, 2013

28

 

9,046

July 30, 2011

$

0.15

60,306

0.24%

July 30, 2013

29

 

2,261

July 30, 2011

$

0.15

15,077

0.06%

July 30, 2013

 

 

 

 

 

 

 

 

 

 

*The actual number of shares issued if converted will vary depending on the exchange rate at time of conversion.

 

Note

Amount

Issuance Date

Conversion Price in USD

Number of Shares

Effect on Dilution        

Maturity Date

 

30

50,255

October 26, 2011

$

0.10

502,550

1.98%

October 26, 2013

31

100,510

October 31, 2011

$

0.15

670,067

2.62%

October 31, 2013

32

70,357

November 24, 2011

$

0.15

469,047

1.85%

November 24, 2013

33

15,077

November 30, 2011

$

0.15

100,510

0.40%

November 30, 2013

34

15,077

November 30, 2011

$

0.15

100,510

0.40%

November 30, 2013

35

23,720

November 30, 2011

$

0.15

158,136

0.63%

November 30, 2013

36

25,160

December 31, 2011

$

0.15

167,733

0.67%

December 31, 2013

37

20,102

December 31, 2011

$

0.15

134,013

0.53%

December 31, 2013

38

10,051

December 31, 2011

$

0.15

67,007

0.27%

December 31, 2013

39

22,615

December 31, 2011

$

0.15

150,765

0.60%

December 31, 2013

40

45,230

December 31, 2011

$

0.15

301,530

1.19%

December 31, 2013

41

50,255

December 31, 2011

$

0.15

335,033

1.33%

December 31, 2013

42

20,102

December 31, 2011

$

0.15

134,013

0.53%

December 31, 2013

43

15,077

December 31, 2011

$

0.15

100,510

0.40%

December 31, 2013

44

50,000

January 15, 2012

$

0.20

250,000

0.99%

January 15, 2014

45

10,051

January 24, 2012

$

0.20

50,255

0.20%

January 24, 2014

46

7,538

January 26, 2012

$

0.20

37,691

0.15%

January 26, 2014

47

30,153

January 31, 2012

$

0.20

150,765

0.60%

January 31, 2014

48

10,051

February 10, 2012

$

0.20

50,255

0.20%

February 10, 2014

59

100,510

March 4, 2012

$

0.20

502,550

1.98%

March 4, 2014

50

100,510

April 18, 2012

$

0.45

223,356

0.89%

April 18, 2014

51

50,255

May 31, 2012

$

1.00

50,255

0.20%

May 31, 2014

 

 

1,820,713

     

 

11,945,746