Derivative Liability (Tables)

12 Months Ended

Dec. 31, 2014

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule of Assumptions Used in Calculation of Derivative Liability Using Black-Scholes Option Pricing Model

The fair value of the derivative liability as of November 13, 2014 has been calculated using the Black-Scholes option pricing model with the following assumptions:

Risk-free interest rate	0.53%
Expected life of derivative liability	2.13 years
Expected volatility	85.76%
Dividend rate	N/A

Schedule of Changes in Derivative Liability Related to Conversion Feature

The change in the derivative liability related to the conversion feature is as follows:

	December 31,
	2014			2013
Fair value of derivative liability at beginning of period	$	2,169		$	-
Fair value of $2,000 drawdown		1,556			-
Fair value of $3,000 drawdown		1,691			2,061
Change in fair value of derivative liability		(2,919	)		108
Reclassification to equity		(2,497	)		-
Fair value of derivative liability at end of period		-		$	2,169