Debt Obligations (Details Narrative) - USD ($)
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3 Months Ended |
12 Months Ended |
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Feb. 26, 2015 |
Aug. 05, 2014 |
Mar. 31, 2016 |
Mar. 31, 2015 |
Dec. 31, 2015 |
Dec. 31, 2012 |
Oct. 02, 2015 |
Dec. 31, 2010 |
| Convertible debt principal amount |
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$ 10,523,617
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| Debt interest rate per annum |
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10.00%
|
10.00%
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| Unamortized debt discount |
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$ (2,803,646)
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| Amortization of debt discount |
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646,554
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| Proceeds from convertible debt |
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75,000
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| Convertible debentures |
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2,500,000
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| Gain (loss) on extinguishment of debt |
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2,551,613
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(931,434)
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| Recognition of intrinsic value of beneficial conversion feature |
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(348,261)
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| Interest expense debt |
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$ 311,349
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| Derivative liability |
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$ 13,000,000
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| Fair value assumption of dividend yield |
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0.00%
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0.00%
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| Fair value assumption of maturity term |
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1 year
|
0 years
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| Fair value assumption of annualized volatility |
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334.00%
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0.00%
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| Change in fair value of derivative |
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$ (1,829,976)
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$ 2,820,002
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| Debt principal amount converted into common stock |
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30,332
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$ 1,480,070
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| TCA Note [Member] |
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| Unamortized debt discount |
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2,803,464
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| Amortization of debt discount |
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86,636
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|
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| Debt principal amount |
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71,816
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| Debt interest amount |
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85,258
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| Accrued interest amount |
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123,155
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| TCA Note [Member] |
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| Loaned amount |
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$ 2,900,000
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| Debt maturity date |
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Dec. 31, 2016
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| Debt interest rate per annum |
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11.00%
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| Debt conversion description |
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TCA may convert portions of principal and interest due under the TCA Note into shares of Bitzio common stock at a conversion price equal to 85% of the lowest daily volume weighted average price of Bitzio common stock during the five trading days preceding conversion; provided, however, that no conversion is permitted that will result in the Note-holder becoming the beneficial owner of more than 4.99% of Bitzios outstanding common stock.
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| Debt converted into common stock conversion price rate |
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85.00%
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| Percentage of debt converted beneficially of outstanding shares |
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4.99%
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| Number of preferred stock shares issued for advisory fees |
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320,000
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| Number of preferred stock issued for advisory fees |
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$ 3,200,000
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| Series G Preferred Stock [Member] |
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| Loaned amount |
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$ 2,500,000
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| TCA Global Credit Master Fund, LP [Member] | Series E Preferred Stock [Member] |
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| Number of preferred stock shares issued for advisory fees |
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3,200,000
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| Number of preferred stock issued for advisory fees |
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$ 320,000
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| Green Shift Corporation [Member] | Series G Preferred Stock [Member] |
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| Loaned amount |
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2,500,000
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| Factor Fund LLC [Member] |
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| Convertible debt principal amount |
$ 534,888
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$ 650,000
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| Debt interest rate per annum |
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8.00%
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| Debt conversion description |
The holder of each debenture may convert the principal and interest accrued on the A&R Debentures into common stock at a conversion price equal to 100% of the average of the five (5) lowest closing market prices for the common stock for the sixty trading days preceding conversion, but may not convert into a number of shares that would result in the holder owning beneficially more than 4.99% of the Registrants outstanding shares.
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The debenture carried interest at 8% per annum, and converted into Company common stock at a conversion price equal to 100% of the average of the five (5) lowest closing market prices for the common stock for the sixty trading days preceding conversion, but may not convert into a number of shares that would result in the holder owning beneficially more than 9.99% of the Companys outstanding shares.
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| Debt converted into common stock conversion price rate |
100.00%
|
100.00%
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| Percentage of debt converted beneficially of outstanding shares |
4.99%
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9.99%
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| Debt principal amount |
$ 108,560
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| Debt interest amount |
16,440
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| Proceeds from convertible debt |
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$ 325,000
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| Gain (loss) on extinguishment of debt |
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938,489
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| Five Nine Group LLC [Member] |
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| Convertible debt principal amount |
592,444
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| Convertible debentures |
325,000
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| Flux Carbon Starter Fund LLC [Member] |
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| Convertible debt principal amount |
592,444
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| Convertible debentures |
$ 325,000
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| YA Global Investments [Member] |
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| Convertible debt principal amount |
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$ 2,939,000
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| Debt interest rate per annum |
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15.00%
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| Debt converted into common stock conversion price rate |
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15.00%
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| Gain (loss) on extinguishment of debt |
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2,551,613
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| Outstanding debt |
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25,000
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| Payment of debt |
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379,574
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$ 2,000,000
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| Escrow deposits |
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400,000
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| Estimated settlement value |
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$ 2,914,000
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| YA Global Investments [Member] | Debentures One [Member] |
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| Outstanding debt |
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14,196,897
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| YA Global Investments [Member] | Debentures Two [Member] |
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| Outstanding debt |
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$ 5,000,000
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| EXO Opportunity Fund LLC [Member] |
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| Debt maturity date |
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Dec. 31, 2017
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| Debt interest rate per annum |
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6.00%
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| Debt conversion description |
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Each debenture bears interest at 6% per annum, and each holder has the right, but not the obligation, to convert any portion of the debenture into GreenShifts common stock at a rate equal to 90% of the lowest daily volume weighted average price of GreenShifts common stock during the 20 consecutive trading days immediately preceding the conversion date.
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| Outstanding debt |
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$ 5,000,000
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$ 5,000,000
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| YAGI Assignee Debentures [Member] |
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| Convertible debt principal amount |
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2,518,167
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|
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| Outstanding debt |
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12,909
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| Estimated settlement value |
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1,432
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|
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| Recognition of intrinsic value of beneficial conversion feature |
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|
3,271
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|
1,445,266
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| Change in fair value of conversion liability |
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|
252,531
|
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| Debt carrying value |
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14,341
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| Interest expense debt |
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|
193
|
|
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| EXO Debenture [Member] |
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| Unamortized debt discount |
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5,000,000
|
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|
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| Amortization of debt discount |
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3,939,809
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|
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| Convertible debentures |
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$ 557,500
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| Debt carrying value |
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560,191
|
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| Derivative liability |
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$ 7,484,632
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|
|
|
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| Fair value assumption of dividend yield |
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0.00%
|
|
|
|
|
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| Fair value assumption of maturity term |
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|
1 year 9 months
|
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| Fair value assumption of discount rate |
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|
0.14%
|
|
|
|
|
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| Fair value assumption of annualized volatility |
|
|
323.00%
|
|
|
|
|
|
| Change in fair value of derivative |
|
|
$ 3,450,457
|
|
|
|
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| Fair value of derivative liability |
|
|
10,186,626
|
|
|
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| MIF Debenture [Member] |
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| Convertible debt principal amount |
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|
|
|
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$ 3,988,326
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| Convertible debentures |
|
|
1,489,283
|
|
|
|
|
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| Debt principal amount converted into common stock |
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|
18,546
|
|
|
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| TKR Management LLC [Member] |
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| Convertible debt principal amount |
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|
100,000
|
|
$ 100,000
|
|
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| Debt converted into common stock conversion price rate |
|
|
|
|
100.00%
|
|
|
|
| Convertible debentures |
|
|
100,000
|
|
|
|
|
|
| Interest expense debt |
|
|
1,496
|
|
|
|
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| Cantrell Winsness Technologies, LLC [Member] |
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| Convertible debt principal amount |
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|
|
$ 400,000
|
|
|
|
| Debt maturity date |
|
|
|
|
Dec. 31, 2018
|
|
|
|
| Convertible debentures |
|
|
325,000
|
|
|
|
|
|
| Payment of debt |
|
|
75,000
|
|
|
|
|
|
| Debt conversion price per share |
|
|
|
|
$ 0.001
|
|
|
|
| Gerova Asset Back Holdings, LP [Member] |
|
|
|
|
|
|
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| Convertible debt principal amount |
|
|
|
|
|
$ 175,000
|
|
|
| Debt maturity date |
|
|
|
|
|
Dec. 31, 2018
|
|
|
| Debt converted into common stock conversion price rate |
|
|
|
|
|
100.00%
|
|
|
| Convertible debentures |
|
|
175,000
|
|
|
|
|
|
| Interest expense debt |
|
|
$ 873
|
|
|
|
|
|
| Credit Agreement [Member] | TCA Global Credit Master Fund, LP [Member] |
|
|
|
|
|
|
|
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| Loaned amount |
|
|
|
|
$ 2,900,000
|
|
|
|
| Line of credit increased |
|
|
|
|
$ 5,000,000
|
|
|
|