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COMMITMENTS AND CONTINGENCIES - Patent Acquisition (Details Narrative) (USD $)
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Jul. 31, 2013
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May 21, 2013
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Feb. 28, 2013
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|---|---|---|---|
| Exercise price of five year option | |||
| Acquisition of four patents cash, purchase price | $ 1,000,000 | ||
| Acquisition of four patents, common stock issued | 403,226 | ||
| Obligated to pay Dr Cox, net proceeds percentage | 12.50% | ||
| Cash consideration for patent acquisition (Mirror Worlds) | $ 3,000,000 | ||
| Issued 5-year warrants to purchase an aggregate shares of common stock | 2,250,000 | ||
| 60 days Warrants to purchase shares of common stock | 500,000 | ||
| Additional 5-year warrants to purchase shares of common stock as a result of exercise of 60-day warrant | 250,000 | ||
| Net proceeds percentage payable to third party from the monetization of the Mirror Worlds patent portfolio | |||
| First $125 Million | 10.00% | ||
| Next $125 Million | 15.00% | ||
| Over $250 Million | 20.00% |
| X | ||||||||||
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- Definition
Acquisition of four patents, common stock issued No definition available.
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| X | ||||||||||
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- Definition
Acquisition of four patents, purchase price No definition available.
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| X | ||||||||||
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- Definition
Additional 5-year warrants to purchase shares of common stock as a result of exercise of 60-day warrant. No definition available.
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| X | ||||||||||
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- Details
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| X | ||||||||||
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- Definition
Consideration patent acquisition. No definition available.
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| X | ||||||||||
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- Definition
First 125 Million. No definition available.
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| X | ||||||||||
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- Definition
Five year warrants purchase. No definition available.
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| X | ||||||||||
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- Definition
Issued five year warrants to purchase aggregate. No definition available.
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| X | ||||||||||
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- Details
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| X | ||||||||||
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- Definition
Next 125 Million. No definition available.
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| X | ||||||||||
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- Definition
Obligated to pay seller, net proceeds percentage No definition available.
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| X | ||||||||||
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- Definition
Over 250 Million. No definition available.
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