Quarterly report pursuant to Section 13 or 15(d)

Derivative Liabilities (Details Narrative)

v2.4.0.6
Derivative Liabilities (Details Narrative) (USD $)
3 Months Ended 9 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Sep. 30, 2012
Sep. 30, 2011
Dec. 31, 2011
Subscription agreement, common share price $ 1.50   $ 1.50    
Subscription agreement, warrant exercise price $ 2.00   $ 2.00    
Current derivative liabilities $ 2,810,001   $ 2,810,001   $ 1,573,859
Change in fair value of derivative liabilities 213,089 (401,710) 407,079 (986,216)  
Derivative liability removal     $ 512,345    
MinimumMember | NonEmployeeWarrantsMember
         
Computed volatility rate     61.00%    
Risk free rate     0.28%    
Expected life (years)     3 years    
MinimumMember | CommonStockAndWarrantsMember
         
Risk free rate     0.03%    
MaximumMember | NonEmployeeWarrantsMember
         
Computed volatility rate     73.00%    
Risk free rate     1.04%    
Expected life (years)     6 years    
MaximumMember | CommonStockAndWarrantsMember
         
Estimated Probability of future financing     100.00%    
Computed volatility rate     65.00%    
Risk free rate     0.78%