Quarterly report pursuant to Section 13 or 15(d)

WARRANT LIABILITY (Details Narrative)

v3.5.0.2
WARRANT LIABILITY (Details Narrative) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2016
Sep. 30, 2016
Dec. 31, 2015
Gain/Loss on change in fair value of Derivative liability $ (1,861,840) $ (3,330,920)  
Warrant liability 36,097 36,097 $ 22,746
Warrant [Member]      
Gain/Loss on change in fair value of Derivative liability $ (15,391) $ (13,352)  
Remaining warrants 1,155,000 1,155,000  
Dividend yield   0.00%  
Expected volatility   171.16%  
Weighted average risk-free interest rate   0.77%  
Expected life   1 year 6 months 4 days  
Estimated fair value of the Company's common stock $ 0.039 $ 0.039