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NOTE 9 - DERIVATIVE LIABILITIES (Tables)
9 Months Ended
Sep. 30, 2014
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Fair value of the embedded derivative liability grant date

 

Grant Date  Fair Value  Term
(Years)
  Assumed Conversion Price  Market Price on Grant Date  Volatility Percentage  Risk-free
Rate
 3/20/13  $546,119    3.0   $0.326   $0.465    238%   0.0038 
                                 

 

 

 

Fair value of the derivative liabilites

 

Date  Fair Value  Term
(Years)
  Assumed Conversion Price  Market Price  Volatility Percentage  Risk-free
Rate
 9/30/14  $21,160    1.47   $0.18   $0.22    161%   0.0058