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SUBSEQUENT EVENTS (Details) - Intrinsic Value Computation (USD $)
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0 Months Ended | ||
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Jul. 31, 2014
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Sep. 09, 2014
Subsequent Event [Member]
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Sep. 09, 2014
Subsequent Event [Member]
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| SUBSEQUENT EVENTS (Details) - Intrinsic Value Computation [Line Items] | |||
| Stock price used for valuation (in Dollars per share) | $ 0.25 | ||
| 5,285 shares issued per $1,000 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 | 1,440,000 | (3,500,000) | |
| Intrinsic value of the derivative conversion feature | $ 1,032,241 |
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- Definition
Total intrinsic value of the principal outstanding. No definition available.
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- Definition
Intrinsic value of the conversion feature of the derivative. No definition available.
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- Definition
Description of the share price during the period. No definition available.
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- Details
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- Definition
Face (par) amount of debt instrument at time of issuance. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Price of a single share of a number of saleable stocks of a company. No definition available.
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