XML 16 R46.htm IDEA: XBRL DOCUMENT v2.4.0.8
SHAREHOLDERS' DEFICIENCY (Narrative) (Details) (USD $)
6 Months Ended 3 Months Ended 6 Months Ended 0 Months Ended 3 Months Ended 6 Months Ended 0 Months Ended 3 Months Ended 6 Months Ended 3 Months Ended 6 Months Ended 3 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Dec. 31, 2013
Mar. 31, 2014
Non-employee directors [Member]
Mar. 31, 2013
Non-employee directors [Member]
Jun. 30, 2014
5% Preferred stock [Member]
Dec. 31, 2013
5% Preferred stock [Member]
Dec. 30, 2010
Series C convertible preferred stock [Member]
Jun. 30, 2014
Series C convertible preferred stock [Member]
Jun. 30, 2014
Series C convertible preferred stock [Member]
Dec. 31, 2013
Series C convertible preferred stock [Member]
Jun. 16, 2011
Series C convertible preferred stock [Member]
Dec. 15, 2010
Promissory note [Member]
Dec. 30, 2010
Promissory note [Member]
Series C convertible preferred stock [Member]
Dec. 15, 2010
Southridge [Member]
Series C convertible preferred stock [Member]
Jun. 16, 2011
William R. Waters, Ltd. of Canada [Member]
Series C convertible preferred stock [Member]
Dec. 30, 2010
William R. Waters, Ltd. of Canada [Member]
Series C convertible preferred stock [Member]
Mar. 31, 2013
Stock Options [Member]
Jun. 30, 2014
Stock Options [Member]
Non-employee directors [Member]
Jun. 30, 2013
Stock Options [Member]
Non-employee directors [Member]
Jun. 30, 2014
Stock Options [Member]
Non-employee directors [Member]
Jun. 30, 2013
Stock Options [Member]
Non-employee directors [Member]
Jun. 30, 2014
Stock Options [Member]
Employees [Member]
Jun. 30, 2013
Stock Options [Member]
Employees [Member]
Jun. 30, 2014
Stock Options [Member]
Employees [Member]
Jun. 30, 2013
Stock Options [Member]
Employees [Member]
Jun. 30, 2013
Stock Options [Member]
CEO [Member]
Jun. 30, 2014
Private Offering [Member]
Mar. 31, 2014
Private Offering [Member]
Stockholders Equity [Line Items]                                                          
Options granted                                         42,500 50,000     320,000   1,000,000    
Options vested                                                     200,000    
Options vested on issuance, percent                                                 20.00%        
Vesting period                                                 4 years        
Incremental non-cash compensation                                   $ 16,920                      
Stock option compensation expense 41,123 128,637                                 11,178 0 11,178 14,250 26,795 17,200 29,945 97,467      
Principal Amount 3,004,569                       400,000                                
Debt conversion, shares issued                           400                              
Percentage of cumulative dividend rate           5.00%       5.00%         5.00%                            
Preferential non-cumulative dividends (in dollars per share)           $ 1.25                                              
Preferred stock redemption price (in dollars per share)           $ 25                                              
Preferred stock liquidation preference price (in dollars per share)           $ 25                                              
Common stock, par value (in dollars per share) $ 0.01   $ 0.01                                                    
Dividend declared, date of record           Dec. 02, 2010                                              
Trigger for issuance of dividends, percentage of outstanding common shares purchased           20.00%                                              
Maturity date                         Dec. 31, 2012                                
Interest rate                         5.00%                                
Preferred stock, shares authorized           35,920 35,920   750 750 750                                    
Preferred stock, par value (in dollars per shares)           $ 25 $ 25   $ 1,000 $ 1,000 $ 1,000       $ 750                            
Preferred stock, shares issued           2,427 2,427 350 375 375 375       1,000   750                        
Proceeds from preferred stock issued               350,000                                          
Preferred stock converted                               375                          
Common stock issued upon preferred stock conversion                               315,126                          
Dividends declared                   74,998                                      
Dividends declared during period                 4,675 9,298                                      
Dividends declared and unpaid                 56,250 56,250                                      
Preferred stock, voting rights                   Holders of these shares of Series C Convertible Preferred Stock shall have voting rights equivalent to 1,000 votes per $1,000 par value Series C Convertible Preferred share voted together with the shares of Common Stock                                      
Amount held in escrow                 750,000 750,000                                      
Preferred stock, threshold percentage of stock price trigger                   85.00%                                      
Derivative liability                 92,128 92,128 80,408 81,933                                  
Preferred stock, shares outstanding (in shares)           2,427 2,427   375 375 375                                    
Common stock issued to directors, shares       10,625 17,500                                                
Share-based compensation - common stock 4,038 7,000   4,038 7,000                                                
Proceeds from common stock and warrants $ 670,000                                                      $ 170,000 $ 500,000
Private offering of common stock and warrants, shares                                                       850,000 2,500,000
Price per share                                                       $ 0.20 $ 0.20
Warrants issued to purchase shares of common stock                                                       1,250,000 1,250,000
Exercise price of warrants                                                       $ 0.60 $ 0.60
Term of warrant                                                       3 years 3 years