Debt Obligations (Details Narrative) - USD ($)
|
|
|
3 Months Ended |
6 Months Ended |
12 Months Ended |
|
|
Feb. 26, 2015 |
Aug. 05, 2014 |
Jun. 30, 2016 |
Jun. 30, 2015 |
Jun. 30, 2016 |
Jun. 30, 2015 |
Dec. 31, 2015 |
Dec. 31, 2012 |
Oct. 02, 2015 |
Dec. 31, 2010 |
| Convertible debt principal amount |
|
|
$ 10,748,709
|
|
$ 10,748,709
|
|
|
|
|
|
| Debt interest rate per annum |
|
|
10.00%
|
10.00%
|
10.00%
|
10.00%
|
|
|
|
|
| Unamortized debt discount |
|
|
$ (2,524,922)
|
|
$ (2,524,922)
|
|
|
|
|
|
| Amortization of debt discount |
|
|
839,188
|
|
1,485,742
|
|
|
|
|
|
| Proceeds from convertible debt |
|
|
|
|
|
120,000
|
|
|
|
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| Convertible debentures |
|
|
2,400,000
|
|
2,400,000
|
|
|
|
|
|
| Gain (loss) on extinguishment of debt |
|
|
555,680
|
$ (24,844)
|
3,107,293
|
(956,278)
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|
|
|
|
| Recognition of intrinsic value of beneficial conversion feature |
|
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|
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(745,048)
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|
|
|
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| Interest expense debt |
|
|
|
|
|
$ 493,026
|
|
|
|
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| Derivative liability |
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|
$ 9,200,000
|
|
$ 9,200,000
|
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|
|
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| Fair value assumption of dividend yield |
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|
|
0.00%
|
0.00%
|
|
|
|
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| Fair value assumption of maturity term |
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|
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|
|
0 years
|
|
|
|
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| Fair value assumption of annualized volatility |
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|
0.00%
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|
|
|
|
| Change in fair value of derivative |
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|
|
|
$ 1,989,864
|
$ 2,783,501
|
|
|
|
|
| Debt principal amount converted into common stock |
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|
|
|
$ 88,207
|
$ 1,575,828
|
|
|
|
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| Common stock, shares authorized |
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10,000,000,000
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|
10,000,000,000
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|
10,000,000,000
|
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|
|
| TCA Note [Member] |
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|
|
|
|
|
|
|
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| Unamortized debt discount |
|
|
$ 2,524,922
|
|
$ 2,524,922
|
|
|
|
|
|
| Amortization of debt discount |
|
|
|
|
278,724
|
|
|
|
|
|
| Debt principal amount |
|
|
|
|
256,162
|
|
|
|
|
|
| Debt interest amount |
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|
|
225,948
|
|
|
|
|
|
| Accrued interest amount |
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|
244,041
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|
244,041
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|
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| TCA Note [Member] |
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|
|
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|
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| Loaned amount |
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|
|
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$ 2,900,000
|
|
|
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| Debt maturity date |
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|
|
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|
Dec. 31, 2016
|
|
|
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| Debt interest rate per annum |
|
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|
|
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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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|
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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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|
|
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4.99%
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|
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| Number of preferred stock shares issued for advisory fees |
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|
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|
320,000
|
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|
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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
|
|
|
|
| TCA Global Credit Master Fund, LP [Member] | Series E Preferred Stock [Member] |
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|
|
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| Number of preferred stock shares issued for advisory fees |
|
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|
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3,200,000
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|
|
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| Number of preferred stock issued for advisory fees |
|
|
|
|
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|
$ 320,000
|
|
|
|
| Green Shift Corporation [Member] | Series G Preferred Stock [Member] |
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|
|
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|
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|
|
|
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| Loaned amount |
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|
|
|
|
|
2,500,000
|
|
|
|
| Factor Fund LLC [Member] |
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|
|
|
|
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|
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| Convertible debt principal amount |
$ 534,888
|
$ 650,000
|
|
|
|
|
|
|
|
|
| Debt interest rate per annum |
|
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.
|
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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|
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|
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| Percentage of debt converted beneficially of outstanding shares |
4.99%
|
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 |
|
$ 325,000
|
|
|
|
|
|
|
|
|
| Gain (loss) on extinguishment of debt |
|
|
|
|
938,489
|
|
|
|
|
|
| Five Nine Group LLC [Member] |
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|
|
|
|
|
|
|
|
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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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|
|
|
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|
|
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|
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| Convertible debt principal amount |
592,444
|
|
|
|
|
|
|
|
|
|
| Convertible debentures |
$ 325,000
|
|
|
|
|
|
|
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|
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| YA Global Investments [Member] |
|
|
|
|
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|
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|
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| Convertible debt principal amount |
|
|
|
|
|
|
$ 2,939,000
|
|
|
|
| Debt interest rate per annum |
|
|
|
|
|
|
15.00%
|
|
|
|
| Debt converted into common stock conversion price rate |
|
|
|
|
|
|
15.00%
|
|
|
|
| Gain (loss) on extinguishment of debt |
|
|
|
|
2,551,613
|
|
|
|
|
|
| Outstanding debt |
|
|
25,000
|
|
25,000
|
|
|
|
|
|
| Payment of debt |
|
|
|
|
379,574
|
|
$ 2,000,000
|
|
|
|
| Escrow deposits |
|
|
|
|
|
|
400,000
|
|
|
|
| Estimated settlement value |
|
|
$ 2,914,000
|
|
$ 2,914,000
|
|
|
|
|
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| YA Global Investments [Member] | Debentures One [Member] |
|
|
|
|
|
|
|
|
|
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| Outstanding debt |
|
|
|
|
|
|
14,196,897
|
|
|
|
| YA Global Investments [Member] | Debentures Two [Member] |
|
|
|
|
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| Outstanding debt |
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|
|
|
|
|
$ 5,000,000
|
|
|
|
| EXO Opportunity Fund LLC [Member] |
|
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| Debt maturity date |
|
|
|
|
|
|
Dec. 31, 2017
|
|
|
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| Debt interest rate per annum |
|
|
6.00%
|
|
6.00%
|
|
|
|
|
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| Debt conversion description |
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|
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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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|
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| Outstanding debt |
|
|
$ 5,000,000
|
|
$ 5,000,000
|
|
$ 5,000,000
|
|
|
|
| YAGI Assignee Debentures [Member] |
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|
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|
|
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| Convertible debt principal amount |
|
|
|
|
|
|
2,517,902
|
|
|
|
| Outstanding debt |
|
|
12,909
|
|
12,909
|
|
|
|
|
|
| Estimated settlement value |
|
|
1,432
|
|
1,432
|
|
|
|
|
|
| Recognition of intrinsic value of beneficial conversion feature |
|
|
|
|
3,271
|
|
2,263,939
|
|
|
|
| Change in fair value of conversion liability |
|
|
|
|
252,531
|
|
|
|
|
|
| Debt carrying value |
|
|
14,341
|
|
14,341
|
|
|
|
|
|
| Interest expense debt |
|
|
|
|
386
|
|
|
|
|
|
| EXO Debenture [Member] |
|
|
|
|
|
|
|
|
|
|
| Unamortized debt discount |
|
|
5,000,000
|
|
5,000,000
|
|
|
|
|
|
| Amortization of debt discount |
|
|
|
|
3,379,617
|
|
|
|
|
|
| Convertible debentures |
|
|
|
|
|
|
|
|
$ 557,500
|
|
| Debt carrying value |
|
|
1,120,383
|
|
1,120,383
|
|
|
|
|
|
| Derivative liability |
|
|
7,484,632
|
|
$ 7,484,632
|
|
|
|
|
|
| Fair value assumption of dividend yield |
|
|
|
|
0.00%
|
|
|
|
|
|
| Fair value assumption of maturity term |
|
|
|
|
1 year 6 months
|
|
|
|
|
|
| Fair value assumption of discount rate |
|
|
|
|
0.14%
|
|
|
|
|
|
| Fair value assumption of annualized volatility |
|
|
|
|
325.00%
|
|
|
|
|
|
| Change in fair value of derivative |
|
|
|
|
$ 434,795
|
|
|
|
|
|
| Fair value of derivative liability |
|
|
7,573,198
|
|
7,573,198
|
|
|
|
|
|
| MIF Debenture [Member] |
|
|
|
|
|
|
|
|
|
|
| Convertible debt principal amount |
|
|
|
|
|
|
|
|
|
$ 3,988,326
|
| Convertible debentures |
|
|
1,439,900
|
|
1,439,900
|
|
|
|
|
|
| Debt principal amount converted into common stock |
|
|
|
|
67,929
|
|
|
|
|
|
| TRK Management LLC [Member] |
|
|
|
|
|
|
|
|
|
|
| Convertible debt principal amount |
|
|
100,000
|
|
100,000
|
|
100,000
|
|
|
|
| Convertible debentures |
|
|
100,000
|
|
100,000
|
|
|
|
|
|
| Cantrell Winsness Technologies, LLC [Member] |
|
|
|
|
|
|
|
|
|
|
| Convertible debt principal amount |
|
|
|
|
|
|
$ 400,000
|
|
|
|
| Debt maturity date |
|
|
|
|
|
|
Dec. 31, 2018
|
|
|
|
| Convertible debentures |
|
|
325,000
|
|
325,000
|
|
|
|
|
|
| Payment of debt |
|
|
|
|
75,000
|
|
|
|
|
|
| Debt conversion price per share |
|
|
|
|
|
|
$ 0.001
|
|
|
|
| Gerova Asset Back Holdings, LP [Member] |
|
|
|
|
|
|
|
|
|
|
| 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
|
|
175,000
|
|
|
|
|
|
| Interest expense debt |
|
|
|
|
1,745
|
|
|
|
|
|
| TKR Management LLC [Member] |
|
|
|
|
|
|
|
|
|
|
| Debt converted into common stock conversion price rate |
|
|
|
|
|
|
100.00%
|
|
|
|
| Interest expense debt |
|
|
|
|
2,992
|
|
|
|
|
|
| Third Parties [Member] |
|
|
|
|
|
|
|
|
|
|
| Accounts payable related party |
|
|
509,649
|
|
509,649
|
|
|
|
|
|
| Cash |
|
|
$ 15,000
|
|
$ 15,000
|
|
|
|
|
|
| Common stock, shares authorized |
|
|
200,000,000
|
|
200,000,000
|
|
|
|
|
|
| Credit Agreement [Member] | TCA Global Credit Master Fund, LP [Member] |
|
|
|
|
|
|
|
|
|
|
| Loaned amount |
|
|
|
|
|
|
$ 2,900,000
|
|
|
|
| Line of credit increased |
|
|
|
|
|
|
$ 5,000,000
|
|
|
|