| Assumptions Used in Calculating Fair Value of Derivative Liability [Table Text Block] |
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Dividend
yield
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0
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%
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0
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%
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Expected
volatility
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42.47
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%
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46.58
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%
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Risk
free interest rate
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0.27
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%
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0.25
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%
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Expected
remaining term (years)
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2.1
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0.15
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Common
stock price
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$
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2.12
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$
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0.60
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December 31,
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Transaction
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2011
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2010
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Date
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Dividend
yield
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|
0
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%
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|
0
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%
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0
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%
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Expected
volatility
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|
46.58
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%
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|
44.84
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%
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|
38.28
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%
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Risk
free interest rate
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|
0.25
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%
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|
0.61
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%
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|
1.14
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%
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Expected
remaining term (years)
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0.15
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0.75
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2
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Common
stock price
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$
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0.60
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$
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1.80
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$
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9.64
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| Schedule of Related Party Transactions [Table Text Block] |
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BSC
Notes - principal
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$
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4,338,601
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$
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3,500,000
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Summer
2011 Notes - principal
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-
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1,310,000
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Total
related party notes payable - principal
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4,338,601
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4,810,000
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BSC
Notes - unamortized discount
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-
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-
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Summer
2011 Notes - unamortized discount
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-
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(432,706
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)
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Total
related party notes payable - unamortized
discount
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-
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(432,706
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)
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BSC
Notes - net
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4,338,601
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|
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3,500,000
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Summer
2011 Notes - net
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-
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877,294
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Total
related party notes payable - net
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$
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4,338,601
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$
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4,377,294
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Financial
Instrument:
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Related
party convertible notes payable
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$
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2,272,500
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Derivative
liability
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1,227,500
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$
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3,500,000
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