4. Black-Scholes valuation for the warrants (Details) (USD $)
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3 Months Ended | 6 Months Ended | |
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Jun. 30, 2012
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Jun. 30, 2011
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Jun. 30, 2012
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Black-Scholes Valuation For Warrants Details | |||
Debt discount | $ 1,582 | $ 0 | $ 379,689 |
Risk-free interest rate | 0.73% | ||
Expected life in years | 5 years | ||
Dividend yield | 0.00% | ||
Expected volatility | 63.65% |
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