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Shareholders' Deficit and Series A Preferred Stock (Tables)

9 Months Ended

Sep. 30, 2016

Equity [Abstract]

Balance of warrants outstanding for purchase of Company's common stock

			Common Shares Issuable Upon Exercise of Warrants				Exercise Price of Warrants				Date Issued				Expiration Date
Balance of warrants at December 31, 2015			—

Issued per Merger Agreement (1)			28,000,000			$	.058				9/9/2016				9/9/2021

Issued per Securities Purchase Agreement (2)			25,862,069			$	.058				9/9/2016				9/9/2021

Balance of warrants at September 30, 2016			53,862,069

Shareholders' equity/(deficit) post-merger

		Preferred								Common								Additional								Shareholders
		Stock								Stock								Paid in				Accumulated				Equity
		Shares				Amount				Shares				Amount				Capital				Deficit				(Deficit)

Balance at December 31, 2014			—			$	—				414,000,000			$	414,000			$	(189,000	)		$	(110,875	)		$	114,125

Capital contribution			—				—				—				—				25,000				—				25,000

Net loss			—				—				—				—				—				(381,735	)			(381,735	)

Balance at December 31, 2015			—				—				414,000,000				414,000				(164,000	)			(492,610	)			(242,610	)

Reverse acquisition – September 13, 2016			21,224				213				6,087,964				6,088				6,468,123				—				6,474,424

Preferred Series C stock converted to common			(100	)			(1	)			10,000,000				10,000				(9,999	)			—				—

Stock-based compensation - restricted stock units			—				—				—				—				78,472				—				78,472

Net loss			—				—				—				—				—				(773,101	)			(773,101	)

Balance at September 30, 2016 (unaudited)			21,124			$	212				430,087,964			$	430,088			$	6,372,596			$	(1,265,711	)		$	5,537,185

Tabular disclosure of warrants or rights issued. Warrants and rights outstanding are derivative securities that give the holder the right to purchase securities (usually equity) from the issuer at a specific price within a certain time frame. Warrants are often included in a new debt issue to entice investors by a higher return potential. The main difference between warrants and call options is that warrants are issued and guaranteed by the company, whereas options are exchange instruments and are not issued by the company. Also, the lifetime of a warrant is often measured in years, while the lifetime of a typical option is measured in months. Disclose the title of issue of securities called for by warrants and rights outstanding, the aggregate amount of securities called for by warrants and rights outstanding, the date from which the warrants or rights are exercisable, and the price at which the warrant or right is exercisable.

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