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Accounting Policies (Tables)
9 Months Ended
Sep. 30, 2016
Accounting Policies [Abstract]  
Schedule of Change in Level 3 Financial Instrument

The change in the Level 3 financial instrument is as follows:

 

Issued during the nine months ended September 30, 2016     363,315  
Converted     (0 )
Change in fair value recognized in operations     96,810  
Balance, September 30, 2016   $ 460,125  

Schedule of Estimated Fair Value of Derivative Instruments Assumptions

The estimated fair value of the derivative instruments was valued using the Black-Scholes option pricing model, using the following assumptions as of September 30, 2016:

 

Estimated Dividends     None  
Expected Volatility     75 %
Risk Free Interest Rate     3.50 %
Expected Term     9-18 months