• Filing Date: 2013-04-12
  • Form Type: 10-K
  • Description: Annual report
v2.4.0.6
The Following Table Sets Forth The Changes In Derivative Liabilities (Tables)
12 Months Ended
Dec. 31, 2012
The Following Table Sets Forth The Changes In Derivative Liabilities  
The Following Table Sets Forth The Changes In Derivative Liabilities

The following table sets forth the changes in the fair value of derivative liabilities for the years ended December 31, 2012 and 2011:

 

Balance, December 31, 2010

 

$

(2,310,983

)

Change in Fair Value of Warrant Derivative Liability

 

 

1,237,803

 

Change in Fair Value of Beneficial Conversion Derivative Liability

 

 

(763,098

)

Adjustments to Warrant Derivative Liability

 

 

(2,749,453

)

Adjustment to Beneficial Conversion Derivative Liability

 

 

(260,599

)

Adjustment to Debenture Derivative Liability

 

 

(571,195

)

Balance, December 31, 2011

 

$

(5,417,525

)

Change in Fair Value of Warrant Derivative Liability

 

 

3,461,614

 

Change in Fair Value of Beneficial Conversion Derivative Liability

 

 

879,514

 

Change in Fair Value of Debenture Derivative Liability

 

 

309,933

 

Adjustments to Warrant Derivative Liability

 

 

(1,245,647

)

Adjustment to Beneficial Conversion Derivative Liability

 

 

164,657

 

Adjustment to Debenture Derivative Liability

 

 

510,880

 

Balance, December 31, 2012

 

 

(1,336,576

)