Quarterly report pursuant to sections 13 or 15(d)

Fair Value of Financial Instruments (Tables)

Fair Value of Financial Instruments (Tables)
9 Months Ended
Sep. 30, 2012
Fair Value Disclosures [Abstract]  
Fair Value, Liabilities Measured on Recurring Basis [Table Text Block]

The following table presents the Company’s fair value hierarchy for these liabilities measured at fair value on a recurring basis as of September 30, 2012:


    Fair Value
September 30, 2012
    Quoted Market
Prices in Active
(Level 1)
    Significant Other
Observable Inputs
(Level 2)
Unobservable Inputs
(Level 3)
Warrant Liability   $ 2,512,000     $     $ 2,512,000     $