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9. Debt Discount	3 Months Ended
Mar. 31, 2016
Notes to Financial Statements
9. Debt Discount	Note 9 Debt Discount The Company recorded the debt discount to the extent of the gross proceeds raised, and expensed immediately the remaining fair value of the derivative liability, as it exceeded the gross proceeds of the note. Accumulated amortization of derivative discount amounted to $4,205,443 as of March 31, 2016 and $4,153,611 for the year ended December 31, 2015. The Company recorded a change in the value of embedded derivative liabilities income/ (expense) of ($1,996,836) and $462,174 for the three ended March 31, 2016 and 2015, respectively.

9. Debt Discount

3 Months Ended

Mar. 31, 2016

Note 9 Debt Discount

The Company recorded the debt discount to the extent of the gross proceeds raised, and expensed immediately the remaining fair value of the derivative liability, as it exceeded the gross proceeds of the note.

Accumulated amortization of derivative discount amounted to $4,205,443 as of March 31, 2016 and $4,153,611 for the year ended December 31, 2015.

The Company recorded a change in the value of embedded derivative liabilities income/ (expense) of ($1,996,836) and $462,174 for the three ended March 31, 2016 and 2015, respectively.