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Note 16 - Subsequent Events
12 Months Ended
Dec. 31, 2012
Subsequent Events [Text Block]
16.   Subsequent Events

During the first quarter of 2013, the Company has embarked on a program to raise up to $3.8 million in convertible debt and already has raised $1.7 million through March 6, 2013. The Company anticipates that a significant portion of the total amount will come from strategic investors and a multinational corporation involved in clean energy. The structure of the financing consists of unsecured, subordinated, convertible promissory notes that mature on December 31, 2016, have a five percent annual interest rate, and are convertible into common stock of the Company at the rate of $0.23 per share.  This conversion price represents an approximately 12% premium to the average closing price of the common stock during the period from February 1 to March 6, 2013.  The terms of this financing are substantially the same as those the Company entered into on December 13, 2012 as part of its $1.5 million convertible debt issuance.  The Company’s Board of Directors has approved this financing.