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COMMON STOCK WARRANTS (Details Narrative) (USD $)
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0 Months Ended | 1 Months Ended | 0 Months Ended | 9 Months Ended | 69 Months Ended | 0 Months Ended | 9 Months Ended | 0 Months Ended | ||||||||||||||||||||||||||||||||||||||
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Jun. 07, 2013
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Apr. 18, 2013
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Mar. 13, 2013
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Jun. 30, 2013
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Jun. 30, 2012
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Jun. 30, 2013
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Oct. 30, 2012
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Jun. 14, 2013
Warrants
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Jun. 07, 2013
Warrants
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Apr. 18, 2013
Warrants
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Mar. 31, 2013
Warrants
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Mar. 27, 2013
Warrants
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Mar. 23, 2013
Warrants
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Mar. 21, 2013
Warrants
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Mar. 11, 2013
Warrants
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Mar. 07, 2013
Warrants
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Oct. 30, 2012
Warrants
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Oct. 24, 2012
Warrants
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Sep. 07, 2012
Warrants
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Jul. 17, 2012
Warrants
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Jul. 11, 2012
Warrants
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Jun. 28, 2012
Warrants
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May 18, 2012
Warrants
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Apr. 12, 2012
Warrants
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Apr. 10, 2012
Warrants
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Mar. 03, 2012
Warrants
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Dec. 21, 2011
Warrants
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Dec. 16, 2011
Warrants
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Aug. 23, 2011
Warrants
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Jul. 15, 2011
Warrants
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Jun. 13, 2011
Warrants
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May 12, 2011
Warrants
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Dec. 30, 2010
Warrants
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Jul. 23, 2010
Warrants
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Apr. 09, 2010
Warrants
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Jan. 15, 2010
Warrants
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Dec. 15, 2009
Warrants
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Dec. 04, 2009
Warrants
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Nov. 09, 2009
Warrants
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Oct. 09, 2009
Warrants
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Sep. 30, 2009
Warrants
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Jun. 03, 2009
Warrants
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Mar. 20, 2009
Warrants
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Jun. 30, 2013
Warrants
Lower Range
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Jun. 30, 2013
Warrants
Upper Range
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Apr. 18, 2013
Series B Warrants
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| Exercise of awards, shares | 6,519 | 1,406,320 | 79,140 | (1,000) | (6,519) | (1,406,320) | 36,379 | (840,000) | (3,704) | (1,679) | (6,996) | 66,667 | (10,000) | (14,464) | (1,861,112) | 1,414,995 | ||||||||||||||||||||||||||||||
| Stock price at valuation | $ 0.63 | $ 4.32 | ||||||||||||||||||||||||||||||||||||||||||||
| Expected term | 3 years | 5 years | ||||||||||||||||||||||||||||||||||||||||||||
| Exercise Price | $ 1.50 | $ 4.32 | ||||||||||||||||||||||||||||||||||||||||||||
| Risk free interest rate | 0.21% | 2.90% | ||||||||||||||||||||||||||||||||||||||||||||
| Dividend yield | 0.00% | 0.00% | ||||||||||||||||||||||||||||||||||||||||||||
| Volatility rate | 114.00% | 276.00% | ||||||||||||||||||||||||||||||||||||||||||||
| Extension of warrants, description | On October 30, 2012, the Company agreed to extend the term of the 3,995,122 common stock warrants issued to investors which were scheduled to expire on October 31, 2012 to April 30, 2013. The warrants were also amended to remove the cashless exercise provision and provided for the early termination of the extension period, at the sole discretion of the Company, in the event that the Company's common stock trades at or above $4.50 for 5 consecutive days. The warrants are exercisable at $3.57. | |||||||||||||||||||||||||||||||||||||||||||||
| Extension of warrants, warrants extended | 3,995,122 | |||||||||||||||||||||||||||||||||||||||||||||
| Stock price threshold for warrants to become exercisable | $ 4.50 | |||||||||||||||||||||||||||||||||||||||||||||
| Exercise price, warrant | 1.65 | 3.57 | 1.50 | 1.65 | 3.57 | 1.65 | 1.65 | 4.32 | 3.57 | 3.57 | 3.57 | 1.50 | 3.00 | 1.50 | 2.85 | 3.60 | 2.85 | 2.70 | 1.80 | 1.95 | 1.95 | 1.95 | 2.01 | 1.62 | 1.50 | 1.50 | 1.65 | 1.50 | 1.65 | 1.65 | 0.54 | 1.80 | 1.50 | 1.50 | 1.20 | 0.54 | 1.50 | 2.25 | ||||||||
| Warrants expense - vested warrants | $ 71,514 | |||||||||||||||||||||||||||||||||||||||||||||
| Intrinsic value of awards | $ 31,000,000 | $ 31,000,000 | ||||||||||||||||||||||||||||||||||||||||||||
| Contractual Life (Years) | 5 years | 3 years | 5 years | 3 years | 3 years | 5 years | 5 years | 5 years | 3 years | 5 years | 2 years | 5 years | 5 years | 5 years | 5 years | 5 years | 2 years | 5 years | 5 years | 5 years | 5 years | 5 years | 3 years | 5 years | ||||||||||||||||||||||
| Warrants vesting in next four quarters | 40,000 | |||||||||||||||||||||||||||||||||||||||||||||
| Warrants vesting over each of next two quarters | 16,667 | |||||||||||||||||||||||||||||||||||||||||||||
| Warrants issued | 56,667 | 25,000 | 16,667 | 1,059,803 | 116,667 | 5,000 | 116,667 | 1,042 | 305,559 | 16,667 | 33,333 | 100,000 | 18,333 | 840,000 | 31,000 | 3,333 | 1,861,112 | 43,333 | 6,000 | 29,333 | 50,000 | 3,722,224 | 1,666,667 | |||||||||||||||||||||||
| Fair value of warrants issued | $ 260,942 | $ 173,712 | $ 1,444,455 | $ 232,374 | ||||||||||||||||||||||||||||||||||||||||||
| Warrant Vesting terms | On March 21, 2013, the Company issued a total of 56,667 warrants with a fair market value of $232,374 for services yet to be rendered to the Company. 40,000 warrants vest equally over the next four quarters from the date of issuance. 16,667 warrants vest equally over the next two quarters from the date of issuance. As of June 30, 2013, the Company has recorded $71,514 in consulting expense related to the portion of warrants that has vested to date. The warrants are exercisable at $4.32 and are scheduled to expire in 3 to 5 years. | |||||||||||||||||||||||||||||||||||||||||||||
| Expirations In Period, warrants | 326,597 | |||||||||||||||||||||||||||||||||||||||||||||
| Warrants converted | 2,253,531 | |||||||||||||||||||||||||||||||||||||||||||||