Quarterly report pursuant to sections 13 or 15(d)

Convertible Promissory Notes and Warrants (Details Textual)

v2.4.0.6
Convertible Promissory Notes and Warrants (Details Textual) (USD $)
 1 Months Ended 6 Months Ended
Dec. 21, 2009
Y
Years
Jun. 30, 2012
Feb. 28, 2012
Convertible Promissory Notes and Warrants (Textual) [Abstract]      
Issue of convertible promissory notes $ 2,400,000    
Preferred stock, stated value 2,400,000    
Exchange Notes interest rate 1.00%   10.00%
Exchange warrants, maturity date 3.000    
Convertible promissory notes, shares 450,281   450,281
Debt instrument conversion price $ 5.33   $ 5.33
Exchange Warrants exercise price $ 5.08    
Convertible Promissory Notes, maturity date 3    
Credit risk adjusted rates assumptions 10.30%    
Final value allocated to the convertible promissory notes 2,150,448    
Convertible promissory notes, face value 2,472,000    
Discount on issue of convertible promissory notes 321,552    
Amortization charges   55,071  
Exchange Warrant, shares 935,040    
Exchange Notes in cash   $ 880,000  
Newly issued shares of the Company's Common Stock   1,000,000  
Series A [Member]
      
Convertible Promissory Notes And Warrants [Line Items]      
Outstanding Series A Preferred Stock Prior to Conversion 480