Fair Value Measurements (Tables)

9 Months Ended

Sep. 30, 2014

Fair Value Disclosures [Abstract]

Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis

The following table summarizes the Company's assets and liabilities measured at fair value on a recurring basis at September 30, 2014:

	Fair Value		(Level 1)		(Level 2)		(Level 3)
Convertible promissory notes payable derivative liability	$	316,200	$	-	$	-	$	316,200
Common stock warrants		145,958		-		-		145,958
Total	$	462,158	$	-	$	-	$	462,158

Schedule Of Changes In Fair Value Derivative Liability

The fair value of the derivative liability as of September 30, 2014 was estimated using the following assumptions:

Expected volatility	60	%
Risk free rate	1.51	%
Dividend yield	0	%
Expected term (in years)	4.3253

Schedule of Changes in Fair Value of Company's Level 3 Liabilities

The following sets forth a summary of changes in fair value of the Company’s level 3 liabilities measured on a recurring basis for the nine months ended September 30, 2014:

			Series A-1
	Convertible		Preferred		Common
	Notes Payable		Stock		Stock
	Derivative Liability		Derivative Liability		Warrants
Balance at December 31, 2013	$	534,975	$	56,926	$	-
Extinguishment		(118,300)		-		-
Fair value at issuance		189,300		-		466,706
Change in fair value		(289,775)		(56,926)		(320,748)
Balance at September 30, 2014	$	316,200	$	-	$	145,958