Annual report pursuant to Section 13 and 15(d)

FAIR VALUE MEASUREMENT (Tables)

v3.19.1
FAIR VALUE MEASUREMENT (Tables)
12 Months Ended
Dec. 31, 2018
Fair Value Measurement  
Schedule of Derivative Liabilities at Fair Value
    Level 1     Level 2     Level 3     Total  
Warrant liability   $ -     $ -     $ 175,975     $ 175,975  
Changes in the fair value of the Company's Level 3 financial liabilities

    Debt Derivative Liability    

Warrant

Liability

 
Balance, December 31, 2016     5,115,280       26,903  
Transfers in (out):                
Initial fair value of debt derivative at note issuance     11,023,244       -  
Transfers out of Level 3 upon conversion and settlement of notes     (1,146,201 )     -  
Transfers out of Level 3 upon note modification     (30,806,073 )     -  
Mark-to-market at December 31, 2017:                
Embedded derivative     15,813,750       149,072  
Balance, December 31, 2017     -       175,975  
Transfers in (out):                
Transfers out of Level 3 upon election of ASU 2017-11     -       (175,975 )
Balance, December 31, 2018   $ -     $ -