Note 6 - Related Party Notes Payable (Details) - Changes in Fair Value of Derivative Liability (USD $)
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12 Months Ended | 24 Months Ended | ||
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Dec. 31, 2012
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Sep. 30, 2012
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Dec. 31, 2012
BSC Notes [Member]
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Dec. 31, 2011
BSC Notes [Member]
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Note 6 - Related Party Notes Payable (Details) - Changes in Fair Value of Derivative Liability [Line Items] | ||||
Gain or loss on change in fair value of derivative liability | $ 789 | $ (1,227,500) | ||
Derivative liability | 2,129,091 | 3,651,897 | 1,227,500 | |
Derivative liability | $ 2,129,091 | $ 3,651,897 | $ 789 |
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- Details
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- Definition
Fair values as of the balance sheet date of all liabilities resulting from contracts that meet the criteria of being accounted for as derivative instruments, and which are expected to be extinguished or otherwise disposed of within a year or the normal operating cycle, if longer, net of the effects of master netting arrangements. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The net change in the difference between the fair value and the carrying value, or in the comparative fair values, of derivative instruments, including options, swaps, futures, and forward contracts, held at each balance sheet date, that was included in earnings for the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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