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Stockholders Deficit (Tables)

6 Months Ended

Jun. 30, 2017

Equity [Abstract]

Schedule of Common Stock

For the six-months ended June 30, 2017 and twelve-months ended December 31 2016, the Company issued the following common stock:

Transaction Type						Quantity (shares)				Valuation ($)				Range of Value Per Share

2016 Equity Transactions
Common Stock issued Board of Directors Compensation			(1)				62,000			$	42,000				0.60-1.00

Common stock issued per Agreement and Waiver and Agreement to Convert			(2)				1,790,092				822,524				0.25-.625

Common Stock Offering			(3)				3,155,000				7,538,000				1.00-2.70

Common Stock Award			(4)				25,000				15,000				0.60

Common Stock Issued for Services			(5)				300,000				136,250				0.25-1.00

Common Stock Issued for Conversion of Debt			(6)				443,156				110,789				0.25

Total 2016 Equity Transactions							5,775,248			$	8,664,563				0.25-2.65

2017 Equity Transactions (through June 30, 2017)
Common Stock Offering			(7)				69,667			$	209,000				3.00

Commons Stock Issued per Exercise of Warrants			(8)				1,666,667				5,000,000				3.00

Common Stock Issued per Exercise of Options			(9)				30,000				78,000				2.60

Total 2017 Equity Transactions (through June 30, 2017)							1,766,334			$	5,287,000			$	2.60-3.00

Schedule of Stock Options - Assumptions

The following is a summary of the Company’s Preferred Stock Activity:

Transaction Type		Quantity				Valuation				Range of Value per Share

2016 Preferred Stock Transactions

Preferred Stock Issued per August 2016 Election			13,056,932			$	44,393,569			$	3.40

Total 2016 Preferred Stock Transactions			13,056,932			$	44,393,569			$	3.40

2017 Preferred Stock Transactions (through June 30, 2017)

Preferred Stock Issued per August 2016 Election			400,000			$	1,360,000			$	3.40

Total 2017 Preferred Stock Transactions (through June 30, 2017)			400,000			$	1,360,000				3.40

Schedule of Stock Option Activity

The following is a summary of the Company’s stock option activity:

							Weighted Average				Weighted Average Remaining Contractual Life				Aggregate Intrinsic
			Options				Exercise Price				(In Years)				Value
2016 Activity
Exercised				—			$	—			$	—			$	—
Granted				1,150,000				0.835				10.00				3,404,000
Forfeited/Cancelled				—				—				—				—
Balance- December 31, 2016				1,150,000				0.835				8.16			$	3,404,000
Exercised				(30,000	)			2.60				—				(78,000	)
Granted				3,105,000				0.883				8.38			$	6,220,850
Forfeited/Cancelled				—				—				—				—
Balance- June 30, 2017				3,075,000			$	0.883				8.00			$	6,142,850

Schedule of Summary of Warrant Activity

The following is a summary of the Company’s stock warrant activity:

			Number of Warrants				Weighted Average Exercise Price				Weighted Average Remaining Contractual Life (in Years)
Balance, December 31, 2015				9,728,984			$	0.289				1.7
Issued				3,826,667				3.28				1.8
Exercised				—				—				—
Cancelled/Forfeited				—				—				—
Balance, December 31, 2016				13,555,651			$	0.72				1.7

Issued				60,000				3.00				2.9
Exercised				(1,666,667	)			3.00				—
Cancelled/Forfeited				—				—				—
Balance, June 30, 2017				11,948,984			$	0.83				1.9

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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