Notes Payable (Tables)

6 Months Ended

Jun. 30, 2014

Notes Payable [Abstract]

Schedule of notes payable and accrued interest

At June 30, 2014 and December 31, 2013, notes payable and accrued interest consisted of:

	2014		2013
Notes payable and accrued interest - Rasel	$	74,209	$	145,847	a.
Note payable and accrued interest - Glendon		80,421		97,552	b.
Note payable and accrued interest - Third Party Financier		32,630		43,925	c.
Note payable and accrued interest - Third Party Financier		25,282			d.
Note payable and accrued interest - Blackbridge		14,424		-	e.
Note payable and accrued interest - Vulcan (net of debt discount of $0 and $100,000 as of June 30, 2014 and December 31, 2013, respectively)		545,000		520,000	f.
	$	771,965	$	807,324

Schedule of fair value of the conversion feature

The` Company computed the fair value of the conversion feature at the commitment date, based on the following management assumptions:

Expected dividends	0	%
Expected volatility	374	%
Expected term: conversion feature	183 days
Risk free interest rate	-0.079	%

Schedule of value of the derivative liability

At June 30, 2014, we remeasured the value of the derivative liability, according to the following assumptions:

Expected dividends	0	%
Expected volatility	373	%
Expected term: conversion feature	169 days
Risk free interest rate	-0.070	%