Long Term Convertible Notes Payable Net (Details Narrative) (USD $)
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12 Months Ended | 93 Months Ended | |
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Dec. 31, 2013
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Dec. 31, 2012
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Dec. 31, 2013
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Debt Disclosure [Abstract] | |||
Interest expense | $ 681,335 | $ 370,210 | $ 2,658,927 |
Accrued interest | 657,092 | 673,975 | 657,092 |
Notes payable, current portion, net of discount | 4,592 | 65,173 | 4,592 |
Discount amortization | $ 60,581 | $ 363,858 | $ 1,648,452 |
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- Definition
Carrying value as of the balance sheet date of obligations incurred and payable, pertaining to costs that are statutory in nature, are incurred on contractual obligations, or accumulate over time and for which invoices have not yet been received or will not be rendered. Examples include taxes, interest, rent and utilities. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of noncash expense included in interest expense to allocate debt discount and premium, and the costs to issue debt and obtain financing over the related debt instruments. Alternate captions include noncash interest expense. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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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
Amount of the cost of borrowed funds accounted for as interest expense. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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