Warrant Liabilities (Tables)

9 Months Ended

Sep. 30, 2013

Warrant Liabilities [Abstract]

Schedule of weighted-average assumptions

The following reflects the weighted-average assumptions for each of the nine-month periods indicated:

	Nine Months Ended September 30,
	2013			2012
Risk-free interest rate		0.59	%		0.44	%
Expected dividend yield		0	%		0	%
Expected lives		2.71			3.65
Expected volatility		66.7	%		80.4	%
Loss on warrant liabilities	$	(3,172,324	)	$	(5,980,016	)