Quarterly report pursuant to Section 13 or 15(d)

Note 10 - WARRANT LIABILITY (Details Narrative)

v2.4.0.8
Note 10 - WARRANT LIABILITY (Details Narrative) (USD $)
3 Months Ended 6 Months Ended
Jun. 30, 2014
Jun. 30, 2014
Gain on change in fair value of warrant liability $ 197,839 $ 55,190
Number of warrants 2,430,000 2,430,000
Warrant liability $ 232,541 $ 232,541
Warrant [Member]
   
Dividend yield   0.00%
Expected volatility   205.83%
Weighted average risk-free interest rate   0.88%
Expected life   3 years 9 months 7 days
Estimated fair value of the Company's common stock $ 0.10 $ 0.10