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COMMON STOCK ISSUED IN OFFERINGS (DETAILS) (USD $)
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Jun. 30, 2013
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Jan. 31, 2013
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| COMMON STOCK ISSUED IN OFFERINGS | ||
| Issue of common shares private placement offering | 3,528,580 | 100,000 |
| Common shares per share value | $ 5.50 | $ 4.50 |
| Gross proceeds | $ 19,407,190 | $ 450,000 |
| Net proceeds after offering costs | 18,522,657 | 450,000 |
| Offering costs and expenses paid | 884,533 | |
| Shares of common stock issued pursuant to cashless exercise of options | 6,722 | |
| Exercise of cashless options (number of options) | 10,000 | |
| Exercise price per share | $ 2.00 | |
| Number of shares withheld by the company | 3,278 | |
| Value of shares withheld by the company | $ 20,000 | |
| Per share value of shares withheld by the company | $ 6.10 |
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- Definition
Face amount or stated value of common stock per share; generally not indicative of the fair market value per share. No definition available.
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- Details
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- Definition
Exercise of cashless options (number of options) No definition available.
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- Definition
Exercise price per share No definition available.
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- Definition
Gross Proceeds No definition available.
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- Definition
Total number of common shares of an entity that have been sold or granted to shareholders (includes common shares that were issued, repurchased and remain in the treasury). These shares represent capital invested by the firm's shareholders and owners, and may be all or only a portion of the number of shares authorized. Shares issued include shares outstanding and shares held in the treasury. No definition available.
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- Definition
Net proceeds after offering costs No definition available.
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- Definition
Number of shares withheld by the company No definition available.
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- Definition
Offering costs and expenses paid No definition available.
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- Definition
Per share Value of shares withheld by the company No definition available.
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- Definition
Total number of common shares of an entity that have been sold or granted to shareholders (includes common shares that were issued, repurchased and remain in the treasury). These shares represent capital invested by the firm's shareholders and owners, and may be all or only a portion of the number of shares authorized. Shares issued include shares outstanding and shares held in the treasury. No definition available.
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- Definition
Value of shares withheld by the company No definition available.
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