Quarterly report pursuant to sections 13 or 15(d)

9. Assumptions used for conversion feature (Details)

v2.4.0.8
9. Assumptions used for conversion feature (Details) (Convertible Notes [Member], USD $)
9 Months Ended
Sep. 30, 2013
Convertible Notes [Member]
 
Exercise price $ 15.00
Volatility 50.70%
Risk free interest rate 0.04%
Term (years) 6 months
Marketability discount 14.20%
Fair value of conversion feature $ 1,139,100