XML 53 R41.htm IDEA: XBRL DOCUMENT v3.4.0.3
NOTES PAYABLE (Schedule of Notes Payable) (Details) - USD ($)
3 Months Ended
Mar. 31, 2016
Dec. 31, 2015
Mar. 31, 2014
Mar. 31, 2013
Jun. 30, 2012
Apr. 30, 2012
Mar. 31, 2012
Principal Amount $ 5,273,392            
Carrying Value 4,867,438            
Short term notes payable, gross 4,867,438 $ 4,271,043          
Less LPA amount (485,980) (485,980)          
Short term notes payable, net $ 4,381,458 3,785,063          
90 Day Convertible Notes [Member]              
Cash Interest Rate 6.00%            
Common Stock Conversion Price $ 1.05            
Less LPA amount       $ 485,980      
90 Day Convertible Notes [Member] | Board of Directors Chairman [Member]              
Principal Amount $ 2,498,980            
Carrying Value $ 2,498,980            
Cash Interest Rate 6.00%            
Common Stock Conversion Price $ 1.05            
Maturity Date Various 2014            
Short term notes payable, gross $ 2,498,980 2,498,980          
24 Month Convertible Notes [Member]              
Principal Amount         $ 100,000 $ 25,000 $ 100,000
Cash Interest Rate 6.00%            
Common Stock Conversion Price $ 1.05            
24 Month Convertible Notes [Member] | Borad Members [Member]              
Principal Amount $ 225,000            
Carrying Value $ 225,000            
Cash Interest Rate 6.00%            
Common Stock Conversion Price $ 1.05            
Maturity Date 3/2014 – 6/2014            
Short term notes payable, gross $ 225,000 225,000          
Notes Payable (Parenthetical):              
Due to Board Member 100,000            
Series A-3 OID Convertible Notes And Warrants [Member]              
Principal Amount 11,765            
Carrying Value [1] $ 14,353            
Cash Interest Rate 0.00%            
Common Stock Conversion Price $ 0.25            
Maturity Date 1/2015            
Short term notes payable, gross $ 14,353 14,353          
Accrued loss on conversion 2,588            
Series B-2 OID Convertible Notes And Warrants [Member]              
Principal Amount 2,537,647            
Carrying Value $ 2,129,105            
Cash Interest Rate 0.00%            
Maturity Date 1/2015 – 12/2016            
Short term notes payable, gross $ 2,129,105 $ 1,532,710          
Series B-2 OID Convertible Notes And Warrants [Member] | Minimum [Member]              
Common Stock Conversion Price $ 0.20            
Series B-2 OID Convertible Notes And Warrants [Member] | Maximum [Member]              
Common Stock Conversion Price $ 0.25            
Series B-1 OID Convertible Notes And Warrants [Member]              
Principal Amount $ 80,000            
Carrying Value $ 70,734            
Cash Interest Rate 0.00%            
Common Stock Conversion Price $ 0.23   $ 0.23        
Maturity Date 3/2017            
[1] Includes $2,588 of accrued loss on conversion of OID note.