v3.5.0.2
Note 7 - Convertible Debt (Tables)
6 Months Ended
Jun. 30, 2016
Debt Disclosure [Abstract]  
Convertible Debt [Table Text Block]
Description
 
June 30, 2016
   
December 31, 2015
 
Six convertible promissory notes, in amount ranging from$27,777 to $55,000, maturing within from one year to two years, bearing interest ranging from 5% to 12% per annum, convertible into common stock at conversion prices ranging from 35% to 60% of the lowest price in the prior 20 to 25 trading days. The Company expects all debt will be converted to common shares.
 
$
234,777
   
$
-
 
Less: debt discount
   
(234,777
)
   
-
 
Less: conversions
   
-
     
-
 
Add: amortization of debt discount
   
52,573
     
-
 
Balance of convertible debt, net
   
52,573
     
-
 
Less: current portion
   
-
     
-
 
Long-term convertible debt, net
 
$
52,573
   
$
-
 
Schedule of Debt [Table Text Block] By June 30, 2016, the Company recorded debt discounts totaling $234,777. The Company amortized debt discount of $52,573 by June 30, 2016. Debt discount consisted of the following at June 30, 2016:

   
June 30, 2016
   
December 31, 2015
 
Debt discount
 
$
234,777
   
$
-
 
Accumulated amortization of debt discount
   
(52,573
)
   
-
 
Debt discount - net
 
$
182,204
   
$
-