Note 6. Debt (Details Narrative) (USD $)
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12 Months Ended | 3 Months Ended |
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Sep. 30, 2012
Purchase Agreement with ICG
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Dec. 31, 2012
2nd Note ICG
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Interest rate | 8.00% | |
Initial principal amount | $ 250,000 | $ 250,000 |
Beneficial conversion feature/debt discount | 166,667 | 200,738 |
Note converted - conversion price | $ 2.38 | $ 2.02 |
Note converted - shares issued | 109,139 | 123,829 |
Warrants issued upon conversion | 109,139 | 123,829 |
Interest expense recognized on transaction | 97,222 | 196,556 |
Fair value of warrants issued charged as interest expense | $ 322,927 | $ 550,016 |
X | ||||||||||
- Definition
Fair value of warrants issued charged as interest expense No definition available.
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X | ||||||||||
- Definition
The number of warrants issued in exchange for the original debt being converted in a noncash (or part noncash) transaction. "Part noncash" refers to that portion of the transaction not resulting in cash receipts or cash payments in the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition
The price per share of the conversion feature embedded in the debt instrument. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition
The stated principal amount of the debt instrument at time of issuance, which may vary from the carrying amount because of unamortized premium or discount. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition
Interest rate stated in the contractual debt agreement. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition
The amount of debt discount that was originally recognized at the issuance of the instrument that has yet to be amortized. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition
Represents the portion of interest incurred in the period on debt arrangements that was charged against earnings. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition
Number of shares issued during the period as a result of the conversion of convertible securities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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