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COMMITMENTS AND CONTINGENCIES - Patent Acquisition (Details Narrative) (USD $)
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May 21, 2013
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Feb. 28, 2013
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| Commitments And Contingencies - Patent Acquisition Details Narrative | ||
| 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 series of common stock | 500,000 | |
| Net proceeds 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% |
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- Definition
Acquisition of four patents, common stock issued No definition available.
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- Definition
Acquisition of four patents, purchase price No definition available.
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- Details
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- Definition
Consideration patent acquisition. No definition available.
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- Definition
No authoritative reference available. No definition available.
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- Definition
Five year warrants purchase. No definition available.
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- Definition
Issued five year warrants to purchase aggregate. No definition available.
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- Details
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- Definition
No authoritative reference available. No definition available.
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- Definition
Obligated to pay seller, net proceeds percentage No definition available.
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- Definition
No authoritative reference available. No definition available.
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