v3.8.0.1
Convertible notes (Tables)
12 Months Ended
Dec. 31, 2017
Convertible Notes [Abstract]  
Schedule of Convertible Notes
A summary of the major terms of the Agreements are presented as follows:
 
Investor
 
Principal
amount
 
Issue date
 
Maturity date
 
Interest rate
 
Conversion
discount
rate (b)
 
LG Capital Funding, LLC
 
$
231
 
6/10/2015
 
6/10/2016
 
 
8
%
 
35
%
JSJ Investments INC
 
 
150
 
6/3/2015
 
12/3/2015(a)
 
 
12
%
 
43
%
Crown Bridge Partner, LLC
 
 
46
 
9/11/2015
 
8/25/2016
 
 
5
%
 
42
%
Service Trading Company, LLC
 
 
105
 
6/11/2015
 
6/11/2016
 
 
8
%
 
35
%
Adar Bays, LLC
 
 
158
 
6/11/2015
 
6/11/2016
 
 
8
%
 
35
%
Vis Vires Group, INC
 
 
159
 
6/10/2015
 
3/15/2016
 
 
8
%
 
39
%
Black Forest Capital, LLC
 
 
300
 
7/17/2015
 
7/17/2016
 
 
12
%
 
42
%
 
 
$
1,149
 
 
 
 
 
 
 
 
 
 
 
 
(a) At any time before, on and after the maturity date, this note has a cash redemption premium of 150%.
(b) The rate is the discount to the lowest closing bid price of the Company’s ordinary shares for the 10 or 20 days prior to the date of conversion or execution of the convertible note agreements, as the case may be.