v3.7.0.1
CONVERTIBLE NOTES PAYABLE, RELATED AND UNRELATED PARTIES (Tables)
 12 Months Ended
Jan. 31, 2017
CONVERTIBLE NOTES PAYABLE, RELATED AND UNRELATED PARTIES  
Convertible Debt

As such, the fair value of the conversion feature at January 31, 2017 is $0.

 

The inputs into the Black Scholes model were as follows related to valuation of this derivative during the year ending:

 

 

January 31, 2017

Closing share price

$0.0028 - $0.01490

Conversion price

$0.00083 - $0.00143

Risk free rate

0.39% – 0.80%

Expected volatility

316.23% – 399.44%

Dividend yield

0%

Expected life

.33 to .50 years

 

 

The inputs into the Black Scholes model were as follows related to valuation of this derivative during the year ending:

 

 

January 31, 2017

Closing share price

$0.0027 - $0.0149

Conversion price

$0.0006 - $0.00128

Risk free rate

0.20%-0.29%

Expected volatility

183% -324.92%

Dividend yield

0%

Expected life

.01 to 0.12years
Schedule of Debt

 

Convertible notes Balance - February 1, 2016

$

82,621

Addition of convertible notes

 

185,505

Conversion of notes into common stock

 

(155,730)

Cash paid settlement of note

 

(58,750)

Gain on extinguishment of debt

 

(90,200)

Change in fair value of convertible notes (including OID discount)

 

254,006

Convertible notes Balance - January 31, 2017

$

217,452