Annual report pursuant to Section 13 and 15(d)

FAIR VALUE MEASUREMENT (Details 1)

v3.3.1.900
FAIR VALUE MEASUREMENT (Details 1) - USD ($)
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Warrant Liability [Member]    
Fair value of debt derivative, Beginning $ 98,702 $ 287,731
Fair value of warrant liability at date of cancellation transferred to equity   (129,551)
Mark-to-market:    
Embedded debt derivative (75,956) (59,478)
Fair value of debt derivative, Ending $ 22,746 98,702
Debt Derivative Liability [Member]    
Fair value of debt derivative, Beginning 1,019,103
Initial fair value of debt derivative at note issuance $ 350,542  
Fair value of debt derivative at note extinguishment transferred to equity (158,959) (800,987)
Mark-to-market:    
Embedded debt derivative (21,052) $ (218,116)
Fair value of debt derivative, Ending $ 170,531