CONVERTIBLE NOTES PAYABLE AND DERIVATIVE LIABILITIES (Details Narrative) - USD ($) |
3 Months Ended | |
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Mar. 31, 2016 |
Mar. 31, 2015 |
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Convertible Notes Payable And Derivative Liabilities Details Narrative | ||
Fair value of the derivatives liability | $ 124,932 | |
Gain (Loss) on change of fair value of debt derivatives | 32,018 | |
Amortization of debt discounts | 111,022 | $ 4,063 |
Outstanding notes paid off amount | $ 123,500 |
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- References No definition available.
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- Definition Amount of noncash expense included in interest expense to allocate debt discount and premium, and the costs to issue debt and obtain financing over the related debt instruments. Alternate captions include noncash interest expense. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount of gain (loss) from the increase (decrease) in fair value of derivative and nonderivative instruments designated as fair value hedging instruments recognized in the income statement. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The amount of the original debt being converted in a noncash (or part noncash) transaction. "Part noncash" refers to that portion of the transaction not resulting in cash receipts or cash payments in the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Fair value of the assets less the liabilities of a derivative or group of derivatives. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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