Quarterly report pursuant to sections 13 or 15(d)

6. Warrants valuation (Details)

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6. Warrants valuation (Details) (USD $)
9 Months Ended
Sep. 30, 2012
Warrants Valuation Details  
Warrants as debt issuance costs $ 28,929
Risk-free interest rate 0.73%
Expected life in years 5 years
Dividend yield 0.00%
Expected volatility 63.65%