Subsequent Events

3 Months Ended

Mar. 31, 2013

Subsequent Events [Abstract]

Subsequent Events

Note 6. Subsequent Events

  On April 14, 2013, Round Enterprises Ltd and Eardley Holding AG each provided a convertible loan of E600 and E150, respectively, with a 10% interest per annum and a maturity date of June 30, 2013. The conversion price is determined by the lower of (i) reducing by 10% the price per share of the Company's common stock paid by the investors in connection with an investment in the Company of not less than $20,000 or (ii) at three point three eight six US dollar cents (US$ 0.03386) per share of the Company's common stock.

  On April 15, 2013, Mymetics and Eardley Holding AG agreed to amend the terms and conditions of the convertible loans listed in Note 4 (7). The conversion price is determined by the lower of (i) reducing by 10% the price per share of the Company's common stock paid by the investors in connection with an investment in the Company of not less than $20,000 or (ii) at three point three eight six US dollar cents (US$ 0.03386) per share of the Company's common stock.

  On April 30, 2013, Mymetics made a payment of E521 to Norwood Immunology Ltd (NIL) consisting of E500 of principal under the Loan Note and E21 of accrued interest for the month of April 2013 on the outstanding principal balance of E2,500.