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 6 Months Ended
Jun. 30, 2016
Jun. 30, 2016
Dec. 31, 2015
Gain/Loss on change in fair value of Derivative liability $ 437,063 $ 469,081  
Warrant liability 20,706 20,706 $ 22,746
Warrant [Member]      
Gain/Loss on change in fair value of Derivative liability $ (1,281) $ 2,039  
Remaining warrants 1,155,000 1,155,000  
Dividend yield   0.00%  
Expected volatility   163.50%  
Weighted average risk-free interest rate   0.58%  
Expected life   1 year 9 months 4 days  
Estimated fair value of the Company's common stock $ 0.024 $ 0.024