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CONVERTIBLE DEBENTURES (Details) - Convertible Debenture (USD $)
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Dec. 31, 2015
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Jul. 31, 2014
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Oct. 31, 2013
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Jul. 31, 2014
Convertible Debenture Due November 2016 [Member]
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Jul. 30, 2014
Convertible Debenture Due November 2016 [Member]
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Nov. 30, 2013
Convertible Debenture Due November 2016 [Member]
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| CONVERTIBLE DEBENTURES (Details) - Convertible Debenture [Line Items] | ||||||
| Face value of Convertible Debenture due November 2016 | $ 1,765,000 | $ 1,440,000 | $ 325,000 | $ 3,500,000 | ||
| Proceeds attributable to the Convertible Debenture due November 2016 | 1,414,064 | |||||
| Fair value of embedded conversion feature | 1,670,704 | 164,811 | 1,570,000 | 1,570,000 | ||
| Relative fair value of Convertible Debenture Warrant | 515,936 | 515,936 | ||||
| Discount | $ (1,394,819) | $ 2,085,936 | $ (2,085,936) |
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- Details
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- Definition
Warrants not Settleled in Cash Relative Fair Value Disclosure. No definition available.
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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
Face (par) amount of debt instrument at time of issuance. 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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- 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
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