Convertible Debentures (Tables)

6 Months Ended

Jun. 30, 2014

Convertible Debentures [Abstract]

Summary of convertible debentures

	2014		2013
2012 Hillair Debentures, net of $144,769 discount	$	—	$	975,231
January 2013 Debentures, net of $45,419 discount		—		346,481
April 2013 Debentures, net of $0 and $79,200 discount, respectively		140,000		480,800
2014 Exchange Debentures		1,915,200		—
2014 New Debentures, net of $1,109,917 discount		970,583		—
Total debt		3,025,783		1,802,612
Less current portion		140,000		1,802,612
Long-term debt	$	2,885,783	$	—

Schedule of significant assumptions used to measure the fair value

	Date of Issuance			June 30, 2014
Stock price	$	0.25		$	0.24
Term	1.48 to 1.98 years			1.25 to 1.75 years
Volatility		50	%		50	%
Risk-free interest rate		0.09-0.37	%		0.11-0.37	%
Exercise price	$	0.25		$	0.25
Delta		0.02-0.03			0.02-0.03
Up Ratio		1.078-1.091			1.072-1.085
Down Ratio		0.910-0.922			0.915-0.928
Up transition probability		0.500			0.500