v3.6.0.2
Convertible Debt (Tables)
9 Months Ended
Sep. 30, 2016
Debt Disclosure [Abstract]  
Convertible Debt [Table Text Block]
Description
 
September 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
   
(9,189
)
   
-
 
Add: amortization of debt discount
   
118,314
     
-
 
Balance of convertible debt, net
   
109,125
     
-
 
Less: current portion
   
102,476
     
-
 
Long-term convertible debt, net
 
$
6,649
   
$
-
 
Schedule of Debt [Table Text Block]
During the nine months ended September 30, 2016, the Company recorded debt discounts totaling $234,777 and amortized debt discount of $118,314 resulting in the following net discount at September 30, 2016:

 
 
September 30, 2016
   
December 31, 2015
 
Debt discount
 
$
234,777
   
$
-
 
Accumulated amortization of debt discount
   
(118,314
)
   
-
 
Debt discount - net
 
$
116,463
   
$
-