Quarterly report pursuant to Section 13 or 15(d)

CONVERTIBLE NOTES PAYABLE (Tables)

v2.4.0.8
CONVERTIBLE NOTES PAYABLE (Tables)
9 Months Ended
Sep. 30, 2013
Convertible Notes Payable [Abstract]  
Convertible Debt [Table Text Block]
Key assumptions used to apply this pricing model during the three months ended September 31, 2013 were as follows: 
 
Risk-free interest rate
 
0.006
%
 
Expected life of warrants
 
3 years
 
 
Expected volatility of underlying stock
 
109.55
%