XML 24 R11.htm IDEA: XBRL DOCUMENT v2.4.0.6
Significant Events (Tables)
9 Months Ended
Sep. 30, 2012
Tables/Schedules (Detail level 3):  
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions

 

Stock price on grant date

$

0.35

Exercise price

$

0.40 – 0.80

Expected time to exercise

 

2.5 years

Risk free interest rate

 

0.35%

Volatility

 

121.02%

Expected forfeiture rate

 

0.00%

Schedule of Note Settlements

 

 

Noteholder

 

Settlement Amount

Settlement Shares

Cognitive Associates Limited Partnership

$

136,481

545,927

Cognitive Intelligence Limited Partnership

 

16,017

64,066

C.K. Cooper & Company, Inc.

 

29,817

374,582

Sonata Multi-Manager Fund, LP

 

197,412

789,646

Totals

$

379,727

1,774,221