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NOTES PAYABLE (Tables)
9 Months Ended
Sep. 30, 2013
Notes Payable Tables  
Schedule of notes payable
 
2013 (through September 30, 2013)
 
$
1,188,000
 
2012
   
1,210,000
 
2011
   
100,000
 
Total
 
$
2,498,000
 
 
Schedule of estimated fair value components assumptions
 
   
Warrant -
July 16, 2013
   
Warrant –
September 30, 2013
   
Derivative –
July 16, 2013
   
Derivative –
September 30, 2013
 
Expected term
 
5 years
   
4.79 years
   
0.83 years
   
0.63 years
 
Volatility
    124.51%       131.31%       192.87%       214.09%  
Risk Free Rate
    1.38%       1.39%       0.10%       0.04%
Schedule of Proceeds of notes were allocated to three components
 
   
Proceeds
allocated
at issue date –
July 16, 2013
   
Value at
September 30, 2013
 
Tonaquint Note
  $ 57,400     $ 71,175  
Tonaquint Warrant
  $ 26,076     $ 61,286  
Embedded conversion option derivative liability
  $ 19,024     $ 47,250  
Total
  $ 102,500     $ 179,711