XML 39 R63.htm IDEA: XBRL DOCUMENT v3.20.1
Notes Payable (Details Narrative) - USD ($)
 1 Months Ended 3 Months Ended 9 Months Ended
Sep. 06, 2018
Aug. 10, 2018
Jun. 15, 2018
Jun. 11, 2018
Jun. 06, 2018
Nov. 30, 2001
May 31, 2018
Sep. 30, 2018
Sep. 30, 2018
Sep. 30, 2017
Aug. 21, 2018
Aug. 03, 2018
Jul. 23, 2018
Aggregate principal amount               $ 2,122,691 $ 2,122,691   $ 322,363   $ 250,000
Term of warrant               5 years 5 years        
Exercise price of warrants               $ 0.20 $ 0.20     $ 0.50  
Loss on extinguishment of debt                 $ (1,099,165)      
Conversion price               $ 0.33 $ 0.33        
Common Stock [Member]                          
Conversion of convertible shares           1,632              
Promissory Notes [Member] | Chief Executive Officer [Member]                          
Federal rate, percenatge             2.51%            
Notes payable outstanding             $ 966,389            
Accrued interest payable             $ 6,853            
8% Promissory Notes [Member]                          
Debt instrument interest rate 8.00%                        
Accretion of original issue discount               $ 16,784 $ 16,784        
Derivative liability               760,499 760,499        
Warrants derivative liability               600,898 600,898        
Embedded conversion feature derivative liability               159,601 159,601        
Change in fair value of derivative liability                 129,741        
Interest expenses               56,857 71,218        
Interest chareged to expenses               40,073 50,232        
Accrued interest payable               20,986 20,986        
Interest expenses from amortization               $ 241,682 $ 309,211        
Loan borrowed amount $ 1,000,000                        
Repayments of debt obligation 1,351,334                        
Loss on extinguishment of debt $ 722,619                        
8% Promissory Notes [Member] | Tranche [Member]                          
Debt instrument interest rate         8.00%                
8% Promissory Notes [Member] | L2 Capital LLC [Member]                          
Warrants issued       216,120                  
Warrant, description       The number of shares issuable under the warrant shall increase by the quotient of 50% of the face value of the respective tranche and 110% multiplied by the VWAP of the Company's common stock on the trading day immediately prior to the funding date of the respective tranche.                  
Term of warrant       5 years                  
Number of warrants exercisable       216,120                  
Exercise price of warrants       $ 1.30                  
8% Promissory Notes [Member] | L2 Capital LLC [Member] | Tranche 2 [Member]                          
Aggregate principal amount     $ 555,556                    
Purchase price     500,000                    
Accretion of original issue discount     $ 55,556                    
Number of warrants exercisable     210,438                    
Exercise price of warrants     $ 1.20         $ 0.50 $ 0.50        
8% Promissory Notes [Member] | Security Purchase Agreement [Member] | L2 Capital LLC [Member]                          
Aggregate principal amount         $ 1,681,668                
Purchase price         $ 1,500,000                
8% Promissory Notes [Member] | Security Purchase Agreement [Member] | L2 Capital LLC [Member] | Tranche 1 [Member]                          
Aggregate principal amount       $ 570,556                  
Purchase price       500,000                  
Legal expenses       15,000                  
Accretion of original issue discount       $ 70,556                  
8% Convertible Notes Payable [Member] | Tranche [Member]                          
Debt, description         The 8% Promissory Notes required an increasing premium for any prepayment from 20% for the first 90 days to 38% after 181 days, an increased conversion rate to a 40% discount if in default, a default rate of 18% plus a repayment premium of 40%, plus 5% for each additional default, and liquidated damages in addition to the default rates, ranging from 30% to 100% for certain breaches of the 8% Promissory Notes, subject to mandatory prepayment, including the above described premiums, equal to 50% of new funds raised by the Company in excess of $11,600,000 in the private placement of its securities.                
New funds raised from private palcement         $ 11,600,000                
10% Convertible Debenture [Member]                          
Aggregate principal amount   $ 4,775,000                      
Derivative liability               $ 471,002 $ 471,002        
Change in fair value of derivative liability               570,998          
Interest chareged to expenses               49,076 69,920        
Interest expenses from amortization               45,860 $ 64,452        
Loss on extinguishment of debt               $ 249,630          
Conversion of convertible shares   5,730                      
Value of convertible shares   $ 955,000                      
10% Convertible Debenture [Member] | Security Purchase Agreement [Member]                          
Debt, description     The 10% Convertible Debentures were interest bearing at the rate of 10% per annum, that was payable in cash semi-annually on December 31 and June 30, beginning on December 31, 2018. Upon the occurrence of certain events, the holders of the 10% Convertible Debentures were also entitled to receive an additional payment, if necessary, to provide the holders with a 20% annual internal rate of return on their investment. The Company had the option, under certain circumstances, to redeem some or all of the outstanding principal amount for an amount equal to the principal amount (plus accrued but unpaid interest thereon) or the option to cause the holders to convert their debt at a certain conversion price, otherwise, the Company was not permitted to prepay any portion of the principal amount without the prior written consent of the debt holders.                    
Liquidated damage, percentage     6.00%                    
Purchase agreement, description     The securities purchase agreement also included a provision that required the Company to maintain its periodic filings with the SEC in order to satisfy the public information requirements under Rule 144(c) of the Securities Act. If the Company failed for any reason to satisfy the current public information requirement, then the Company would have been obligated to pay to each holder a cash payment equal to 1.0% of the amount invested as partial Liquidated Damages, up to a maximum of six months. Such payments were subject to interest at the rate of 1.0% per month until paid in full. The 10% Convertible Debentures was rolled over into Series H Preferred Stock before the due date for the commencement of the Liquidated Damages.                    
10% Convertible Debenture [Member] | Security Purchase Agreement [Member] | Common Stock [Member]                          
Debt instrument interest rate     10.00%                    
Conversion of convertible shares     3,698,110                    
Conversion price     $ 1.2912                    
10% Convertible Debenture [Member] | Security Purchase Agreement [Member] | Four Accredited Investors [Member]                          
Aggregate principal amount     $ 4,775,000                    
10% Convertible Debenture [Member] | Security Purchase Agreement [Member] | Two Executives [Member]                          
Aggregate principal amount     $ 1,025,000