Annual report pursuant to section 13 and 15(d)

JANUARY AND MARCH 2012 FINANCING (Details)

v2.4.0.6
JANUARY AND MARCH 2012 FINANCING (Details) (USD $)
12 Months Ended
Dec. 31, 2012
Price of the Company's common stock $ 0.62
Dividend yield 0.00%
Risk free interest rate 0.91%
Maximum [Member]
 
Expected terms 3 years
Expected volatility 94.00%
Minimum [Member]
 
Expected terms 2 years
Expected volatility 73.00%
Valuation Assumptions Issuance Date [Member] | Warrant [Member]
 
Price of the Company's common stock $ 0.62
Dividend yield 0.00%
Expected price at which holders are likely to exercise their warrants $ 1.25
Valuation Assumptions Issuance Date [Member] | Maximum [Member] | Warrant [Member]
 
Expected terms 7 years
Risk free interest rate 1.47%
Expected volatility 96.69%
Valuation Assumptions Issuance Date [Member] | Minimum [Member] | Warrant [Member]
 
Expected terms 5 years
Risk free interest rate 0.89%
Expected volatility 96.68%
Valuation Assumptions Expiration Date [Member] | Warrant [Member]
 
Price of the Company's common stock $ 0.85
Dividend yield 0.00%
Expected volatility 95.73%
Expected price at which holders are likely to exercise their warrants $ 1.25
Valuation Assumptions Expiration Date [Member] | Maximum [Member] | Warrant [Member]
 
Expected terms 6 years 8 months 12 days
Risk free interest rate 1.11%
Valuation Assumptions Expiration Date [Member] | Minimum [Member] | Warrant [Member]
 
Expected terms 4 years 7 months 6 days
Risk free interest rate 0.73%