Quarterly report pursuant to Section 13 or 15(d)

Note 11 - WARRANT LIABILITY (Details Narrative)

v2.4.0.8
Note 11 - WARRANT LIABILITY (Details Narrative) (USD $)
3 Months Ended 9 Months Ended
Sep. 30, 2014
Sep. 30, 2014
Gain on change in fair value of warrant liability $ (35,609) $ 19,581
Number of warrants 1,155,000 1,155,000
Warrant liability $ 138,600 $ 138,600
Warrant [Member]
   
Dividend yield   0.00%
Expected volatility   205.83%
Weighted average risk-free interest rate   1.07%
Expected life   3 years 6 months 7 days
Estimated fair value of the Company's common stock $ 0.125 $ 0.125