4. Notes Payable (Details 2) (USD $)
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Dec. 31, 2012
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Dec. 31, 2011
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Notes Payable Details 2 | ||
Debenture - $1,000,000 16% senior secured convertible | $ 1,000,000 | $ 0 |
Debt Discount | (485,147) | 0 |
Total Notes Payable and Accrued Interest | 514,853 | 0 |
Less: Current Portion | 0 | 0 |
Long Term Portion | $ 514,853 | $ 0 |
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- Definition
Total Notes Payable and Accrued Interest No definition available.
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- Details
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- Definition
Including the current and noncurrent portions, carrying amount of debt identified as being convertible into another form of financial instrument (typically the entity's common stock) as of the balance sheet date, which originally required full repayment more than twelve months after issuance or greater than the normal operating cycle of the company. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Carrying amount of long-term convertible debt as of the balance sheet date, net of the amount due in the next twelve months or greater than the normal operating cycle, if longer. The debt is convertible into another form of financial instrument, typically the entity's common stock. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Carrying value as of the balance sheet date of the portion of long-term debt due within one year or the operating cycle if longer identified as Convertible Notes Payable. Convertible Notes Payable is a written promise to pay a note which can be exchanged for a specified amount of another, related security, at the option of the issuer and 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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