CONVERTIBLE DEBENTURES (Details) - Intrinsic Value Computation - 8% Convertible Debenture [Member] |
Sep. 09, 2013
USD ($)
$ / shares
|
---|---|
CONVERTIBLE DEBENTURES (Details) - Intrinsic Value Computation [Line Items] | |
Stock price used for valuation (in Dollars per share) | $ / shares | $ 6.125 |
211.4 shares issued per $1,000 of face value | |
Aggregate gross intrinsic value of the $3,500,000 of principal outstanding on September 8, 2014, immediately prior to conversion | $ 4,532,241 |
Less the face value of the convertible debenture | (3,500,000) |
Intrinsic value of the derivative conversion feature | $ 1,032,241 |
X | ||||||||||
- References No definition available.
|
X | ||||||||||
- Definition Intrinsic Value of converted derivatives feature. No definition available.
|
X | ||||||||||
- Definition The type of the financial instrument that the original debt is being converted into (for example, new debt, common stock, preferred stock, etc.) in a noncash (or part noncash) transaction. "Part noncash" refers to that portion of the transaction not resulting in cash receipts or cash payments in the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Face (par) amount of debt instrument at time of issuance. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Fair value as of the balance sheet date of the embedded derivative or group of embedded derivatives classified as a liability. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Price of a single share of a number of saleable stocks of a company. No definition available.
|
X | ||||||||||
- Details
|