Quarterly report pursuant to Section 13 or 15(d)

FAIR VALUE MEASUREMENT (Details)

FAIR VALUE MEASUREMENT (Details) (USD $)	Mar. 31, 2015	Dec. 31, 2014
Debt derivative liability	$ 194,358us-gaap_DerivativeLiabilities
Warrant liability	121,354	98,702
Total	315,712	98,702
Level 1 [Member]
Debt derivative liability
Warrant liability
Total
Level 2 [Member]
Debt derivative liability
Warrant liability
Total
Level 3 [Member]
Debt derivative liability	194,358
Warrant liability	121,354	98,702
Total	$ 315,712	$ 98,702

- Definition

Fair value, after the effects of master netting arrangements, of a financial liability or contract with one or more underlyings, notional amount or payment provision or both, and the contract can be net settled by means outside the contract or delivery of an asset. Includes assets not subject to a master netting arrangement and not elected to be offset.

+ References + Details