Equity Financing and the Debt Restructuring (Tables)

3 Months Ended

Mar. 31, 2014

Equity Financing and the Debt Restructuring [Abstract]

Schedule of Debt Conversion

All warrants listed below were issued with price protection provisions and were accounted for as derivative liabilities. The Warrants have an exercise price of $0.25 per share and were valued using the Black Scholes pricing model.

	Common Shares Issued		Number of Warrants		Value of Warrants
Investors		24,816,000		12,408,000	$	67,767
Bridge Loan Conversion		1,600,000		800,000		4,369
Equipment Finance Conversion		2,000,000		1,000,000		5,462
Agency		--		4,262,400		23,280
Total		28,416,000		18,470,400	$	100,878