7. Debt (Details Narrative) (USD $)
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12 Months Ended | |
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Sep. 30, 2014
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Sep. 30, 2013
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Line of credit | $ 0us-gaap_LineOfCredit | |
Convertible note issued | 323,595us-gaap_ConvertibleNotesPayable | |
Initial derivative liability on convertible note | 139,852us-gaap_DebtInstrumentUnamortizedDiscount | |
Interest expense | 82,187us-gaap_InterestExpenseDebt | |
Change in fair value of derivative | 56,272us-gaap_UnrealizedGainLossOnDerivatives | 0us-gaap_UnrealizedGainLossOnDerivatives |
ICG Note Jan 23-2014 [Member] | ||
Note issued |
500,000us-gaap_NotesIssued1 / us-gaap_DebtInstrumentAxis = LIVE_ICGNote6Member |
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Debt discount, interest expense |
$ 341,781us-gaap_AmortizationOfDebtDiscountPremium / us-gaap_DebtInstrumentAxis = LIVE_ICGNote6Member |
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- Definition
Amount of noncash expense included in interest expense to amortize debt discount and premium associated with the related debt instruments. Excludes amortization of financing costs. Alternate captions include noncash interest expense. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Including the current and noncurrent portions, carrying value as of the balance sheet date of a written promise to pay a note, initially due after one year or beyond the operating cycle if longer, which can be exchanged for a specified amount of one or more securities (typically common stock), at the option of the issuer or the holder. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- 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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- Definition
Amount of the cost of borrowed funds accounted for as interest expense for debt. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The carrying value as of the balance sheet date of the current and noncurrent portions of long-term obligations drawn from a line of credit, which is a bank's commitment to make loans up to a specific amount. Examples of items that might be included in the application of this element may consist of letters of credit, standby letters of credit, and revolving credit arrangements, under which borrowings can be made up to a maximum amount as of any point in time conditional on satisfaction of specified terms before, as of and after the date of drawdowns on the line. Includes short-term obligations that would normally be classified as current liabilities but for which (a) postbalance sheet date issuance of a long term obligation to refinance the short term obligation on a long term basis, or (b) the enterprise has entered into a financing agreement that clearly permits the enterprise to refinance the short-term obligation on a long term basis and the following conditions are met (1) the agreement does not expire within 1 year and is not cancelable by the lender except for violation of an objectively determinable provision, (2) no violation exists at the BS date, and (3) the lender has entered into the financing agreement is expected to be financially capable of honoring the agreement. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The fair value of notes issued in noncash investing and financing activities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The net change in the difference between the fair value and the carrying value, or in the comparative fair values, of derivative instruments, including options, swaps, futures, and forward contracts, held at each balance sheet date, that was included in earnings for the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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