XML 34 R23.htm IDEA: XBRL DOCUMENT v3.7.0.1
Redeemable Convertible Preferred Stock (Tables)
5 Months Ended
Dec. 31, 2016
Temporary Equity Disclosure [Abstract]  
Fair Value Inputs, Liabilities, Quantitative Information [Table Text Block]
The table below shows the quantitative information about the significant unobservable inputs used in the fair value measurement of level 3 conversion feature liability at December 31, 2016:
 
Expected life of the redemption in years
 
 
1.0
 
Risk free interest rate
 
 
0.85
%
Expected annual volatility
 
 
174.84
%
Annual rate of dividends
 
 
0
%
Schedule of Derivative Liabilities at Fair Value [Table Text Block]
The changes in the fair value of the derivative are as follows:
 
Beginning as of November 4, 2016 (Closing)
 
$
138,562
 
Decrease in fair value
 
 
(1,385)
 
 
 
 
 
 
Ending balance as of December 31, 2016
 
$
137,177