Fair value of the Company's derivative liabilities (Tables)

12 Months Ended

Dec. 31, 2013

Fair value of the Company's derivative liabilities:

Schedule of Derivative Liabilities at Fair Value

The following table discloses the fair value of the Company’s derivative liabilities as of December 31, 2013 and 2012. The Company held no asset derivatives at either reporting date.

	Liability Derivatives
	December 31, 2013				December 31, 2012
	Balance SheetLocation		FairValue		Balance SheetLocation		FairValue
Derivatives not designated as hedging instruments
Secured Promissory Notes Warrants		Derivative Liabilities	$	0		Derivative Liabilities	$	68,250