|
NOTE 7: EQUITY TRANSACTIONS (Detail) (USD $)
|
12 Months Ended |
|
Dec. 31, 2012
|
Dec. 31, 2011
|
Dec. 31, 2010
|
| Stock Issued During Period, Shares, Issued for Services (in Shares) |
55,850,332
|
36,510,000
|
|
| Stock Issued During Period, Value, Issued for Services |
$ 2,748,471
|
$ 1,380,912
|
|
| Stock Issued During Period, Shares, Conversion of Convertible Securities (in Shares) |
84,479,312
|
19,356,206
|
|
| Stock Issued During Period, Value, Conversion of Convertible Securities |
3,002,188
|
1,250,400
|
|
| Stock Issued During Period, Shares, New Issues (in Shares) |
3,160,000
|
3,940,000
|
|
| Stock Issued During Period, Value, New Issues |
81,921
|
68,231
|
|
| Stock Issued During Period, Shares, Other (in Shares) |
|
2,000,000
|
|
| Stock Issued During Period, Value, Other |
|
39,000
|
|
| Gains (Losses) on Extinguishment of Debt |
140,666
|
0
|
|
| Stock Issued During Period, Shares, Resolution of Derivative Liabilities (in Shares) |
13,794,000
|
|
|
| Stock Issued During Period, Value, Resolution of Derivative Liabilities |
691,700
|
|
|
| Stock Issued During Period, Value, Issued for Cash |
4,000,000
|
|
|
| Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Weighted Average Grant Date Fair Value (in Dollars per share) |
$ 0.045
|
|
|
| Option expense |
1,046,449
|
|
|
| Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Weighted Average Remaining Contractual Term |
6 years 149 days
|
|
|
| Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercises in Period, Total Intrinsic Value |
170,000
|
|
|
|
Options Vesting June 30, 2013 [Member] | CEO and COO [Member] | Options Granted July 1, 2012 [Member]
|
|
|
|
| Investment Options, Exercise Price (in Dollars per share) |
$ 0.20
|
|
|
| Investment Options, Expiration Date |
Jun. 30,
2018
|
|
|
| Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercisable, Number (in Shares) |
8,000,000
|
|
|
|
Options Vesting June 30, 2014 [Member] | CEO and COO [Member] | Options Granted July 1, 2012 [Member]
|
|
|
|
| Investment Options, Exercise Price (in Dollars per share) |
$ 0.35
|
|
|
| Investment Options, Expiration Date |
Jun. 30,
2019
|
|
|
| Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercisable, Number (in Shares) |
8,000,000
|
|
|
|
Options Vesting July 1, 2013 [Member] | In-House Council [Member] | Options Granted October 1, 2012 [Member]
|
|
|
|
| Investment Options, Exercise Price (in Dollars per share) |
$ 0.20
|
|
|
| Investment Options, Expiration Date |
Oct.
01,
2019
|
|
|
| Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercisable, Number (in Shares) |
2,000,000
|
|
|
|
Options Vesting July 1, 2014 [Member] | In-House Council [Member] | Options Granted October 1, 2012 [Member]
|
|
|
|
| Investment Options, Exercise Price (in Dollars per share) |
$ 0.35
|
|
|
| Investment Options, Expiration Date |
Oct.
01,
2019
|
|
|
| Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercisable, Number (in Shares) |
2,000,000
|
|
|
|
Chief Executive Officer [Member] | Options Granted June 26, 2012 [Member]
|
|
|
|
| Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross (in Shares) |
10,000,000
|
|
|
| Investment Options, Exercise Price (in Dollars per share) |
$ 0.03
|
|
|
| Investment Options, Expiration Date |
Aug.
01,
2018
|
|
|
| Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Weighted Average Grant Date Fair Value (in Dollars per share) |
$ 453,933
|
|
|
| Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Risk Free Interest Rate |
0.42%
|
|
|
| Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Expected Term |
3 years
|
|
|
| Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Expected Volatility Rate |
179.12%
|
|
|
| Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Expected Dividend Rate |
0.00%
|
|
|
| Option expense |
453,933
|
|
|
|
Chief Executive Officer [Member]
|
|
|
|
| Share-based Compensation Arrangement by Share-based Payment Award, Description |
|
|
bonus of 28,000,000 common shares
|
| Share-based Compensation Arrangement by Share-based Payment Award, Terms of Award |
|
|
50% of the shares to be exercisable at the signing of the agreement, and the balance of 50% exercisable after January 31, 2012, or on the accomplishment of a significant business objective as established by the Board of Directors
|
| Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period, Weighted Average Grant Date Fair Value (in Dollars per share) |
|
|
$ 1,736,000
|
| Stock Issued During Period, Shares, Share-based Compensation, Gross (in Shares) |
4,000,000
|
10,000,000
|
|
| Share-based Compensation |
14,273
|
622,296
|
|
|
Chief Operating Officer [Member]
|
|
|
|
| Share-based Compensation Arrangement by Share-based Payment Award, Description |
|
bonus of 2,000,000 common shares
|
|
| Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period, Weighted Average Grant Date Fair Value (in Dollars per share) |
|
$ 76,000
|
|
| Share-based Compensation |
276
|
75,724
|
|
|
CEO and COO [Member] | Minimum [Member] | Options Granted July 1, 2012 [Member]
|
|
|
|
| Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Expected Term |
3 years 6 months
|
|
|
| Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Expected Volatility Rate |
173.70%
|
|
|
|
CEO and COO [Member] | Maximum [Member] | Options Granted July 1, 2012 [Member]
|
|
|
|
| Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Expected Term |
4 years 6 months
|
|
|
| Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Expected Volatility Rate |
174.52%
|
|
|
|
CEO and COO [Member] | Options Granted July 1, 2012 [Member]
|
|
|
|
| Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross (in Shares) |
16,000,000
|
|
|
| Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Weighted Average Grant Date Fair Value (in Dollars per share) |
$ 1,496,478
|
|
|
| Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Risk Free Interest Rate |
0.72%
|
|
|
| Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Expected Dividend Rate |
0.00%
|
|
|
| Option expense |
559,493
|
|
|
| Employee Service Share-based Compensation, Nonvested Awards, Total Compensation Cost Not yet Recognized, Stock Options |
936,985
|
|
|
|
CEO and COO [Member]
|
|
|
|
| Employment agreement, term |
3 years
|
|
|
| Share-based Compensation Arrangement by Share-based Payment Award, Shares Issued in Period (in Shares) |
8,000,000
|
|
|
|
In-House Council [Member] | Minimum [Member] | Options Granted October 1, 2012 [Member]
|
|
|
|
| Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Expected Term |
3 years 321 days
|
|
|
| Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Expected Volatility Rate |
165.87%
|
|
|
|
In-House Council [Member] | Maximum [Member] | Options Granted October 1, 2012 [Member]
|
|
|
|
| Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Expected Term |
4 years 138 days
|
|
|
| Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Expected Volatility Rate |
169.70%
|
|
|
|
In-House Council [Member] | Options Granted October 1, 2012 [Member]
|
|
|
|
| Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross (in Shares) |
4,000,000
|
|
|
| Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Weighted Average Grant Date Fair Value (in Dollars per share) |
$ 138,165
|
|
|
| Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Risk Free Interest Rate |
0.72%
|
|
|
| Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Expected Dividend Rate |
0.00%
|
|
|
| Option expense |
33,023
|
|
|
| Employee Service Share-based Compensation, Nonvested Awards, Total Compensation Cost Not yet Recognized, Stock Options |
105,142
|
|
|
|
In-House Council [Member]
|
|
|
|
| Retainer Agreement, Amendment, Terms |
term was extended from 2 years to 4 years
|
|
|
|
Ventrillion Management Company Purchase Agreement [Member]
|
|
|
|
| Purchase Agreement Description |
issuance and sale of up to 300 million common shares for up to $15,000,000
|
|
|
| Stock Issued During Period, Shares, Issued for Cash (in Shares) |
100,000,000
|
|
|
| Stock Issued During Period, Value, Issued for Cash |
$ 4,000,000
|
|
|
| Purchase Agreement, Tranche Terms |
The closing of the second and third tranches of the investment, 100,000,000 common shares for $5,000,000 and 100,000,000 common shares for $6,000,000, respectively, are set to be within 6 months and 12 months of the agreement, respectively, and are subject to certain conditions, including, with respect to the second tranche of the investment, the receipt of stockholders' approval of a reverse split of the common shares and completion of the Company's pilot plant and, with respect to the third tranche of the investment, the commercialization of the Company's technology.
|
|
|
| Purchase Agreement, Stock Purchase Option, Terms |
Ventrillion was issued an option to purchase 40,000,000 common shares at $0.00001 per share, which will become exercisable if stockholder approval of the reverse split is not obtained by the second closing date. Upon exercise of the option, Ventrillion may elect to require the Company to seek stockholder approval again to allow Ventrillion to acquire the remaining 160,000,000 common shares under the purchase agreement. If Ventrillion makes such election, the Company will be prohibited, with certain exceptions, from issuing equity securities for a period of 12 months from the date of such notice, and after which, the Company may terminate its obligation to issue and sell the remaining 160,000,000 common shares with no further liability.
|
|
|