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PRIDES CROSSING CAPITAL (DETAILS) (USD $)
May 31, 2014
Jul. 09, 2013
May 10, 2013
PRIDES CROSSING CAPITAL      
Loan Agreement with Prides Crossing Capital L.P. and Prides Crossing Capital -A, L.P.     $ 2,700,000
Loan matures on January 1, 2015 and bears an interest rate of   14.00%  
Security offered in company's equity interests in its domestic subsidiaries   100.00%  
Security offered in company's equity interests in its foreign subsidiaries   65.00%  
Personal guarantee offered by CEO upto   500,000  
Repurchase of shares as per the amended agreement   170,000  
Warrants issued to the lender   25,000  
Exercise price per share $ 1.00 $ 1.00  
Warrants vesting period   3  
Grant date fair value of the warrant of approximately   51,000  
Warrant was adjusted to its fair value 19,000    
Company agreed to pay down the principal of the Loan 1,000,000    
Paid a pre-payment penalty $ 81,000    
Agreed to repurchase the outstanding warrant to purchase shares of common stock 25,000