| Number of shares under warrants | Weighted Average Exercise price | Weighted Average Remaining Contractual term in Years | Aggregate Intrinsic Value | |||||||||
| Outstanding at December 31, 2011 | 3,778,233 | $ | 0.81 | 3 | $ | – | ||||||
| Granted | - | – | - | – | ||||||||
| Exercised | - | – | - | – | ||||||||
| Cancelled/expired | - | – | - | – | ||||||||
| Outstanding at December 31, 2012 | 3,778,233 | $ | 0.08 | 2 | $ | – | ||||||
| Granted | 1,950,000 | $ | 0.11 | 4 | ||||||||
| Exercised | - | |||||||||||
| Cancelled/expired | (950,000) | $ | 0.10 | - | ||||||||
| Outstanding at December 31, 2013 | 4,778,233 | $ | 0.67 | 3.5 | $ | – | ||||||
| Vested and exercisable at December 31, 2013 | 4,778,233 | |||||||||||
| Vested and exercisable at December 31, 2012 | 3,778,223 | |||||||||||
| 2013 | 2012 | |||||||||||
| Weighted average fair value | $ 0.08 - $ 0.14 | – | ||||||||||
| Risk-free interest rate | .73% - 1.72% | – | ||||||||||
| Volatility | 159.1% - 179.2% | – | ||||||||||
| Terms in years | 4 - 4.2 | – | ||||||||||
| Dividend yield | 0% | – | ||||||||||