Note 10 - Subsequent Events (Detail) (USD $)
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1 Months Ended | 6 Months Ended |
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Jul. 31, 2012
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Jun. 30, 2012
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Price Per Equity Unit Issued (in Dollars per share) | $ 1.10 | |
Stock Issued During Period, Shares, New Issues (in Shares) | 5,500,000 | |
Warrants Issued During Period (in Shares) | 2,700,000 | 4,335,704 |
Proceeds from Issuance or Sale of Equity | $ 6,000,000 | |
Term of Warrants | 5 years | |
Warrants Issued During Period, Weighted Average Exercise Price (in Dollars per share) (in Dollars per share) | $ 1.45 | $ 0.80 |
Related Party Transaction, Amounts of Transaction | 269,980 | |
Payments of Stock Issuance Costs | 480,000 | |
Maximum Liquidated Damages Could be Incurred by the Company | 6.00% | |
Proceeds from Issuance of Private Placement | $ 5,520,000 | $ 989,520 |
Placement Agent Fees [Member]
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Warrants Issued During Period (in Shares) | 400,000 | |
Warrants Issued During Period, Weighted Average Exercise Price (in Dollars per share) (in Dollars per share) | $ 1.10 |
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- Definition
Maximum liquidated damages could be incurred by the Company expressed as a percentage of the investor's investment in the financing transaction.
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Price per equity unit issued.
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Term of warrants.
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- Definition
Number of warrants issued during the reporting period.
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- Definition
Weighted average exercise price of warrants issued during the reporting period.
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