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Subsequent Events
6 Months Ended
Jun. 30, 2016
Subsequent Events [Abstract]  
Subsequent Events

Note 11 – Subsequent Events

 

On July 1, 2016, the Company issued to various stockholders stock for the purchase of a total of 1,000,500 shares with an exercise price of $0.19 per share, as consideration for services rendered to the Company. The fair market value of these options was determined to be $0.13 per option, or $130,065.

 

On July 7, 2016, the Company entered into a Promissory Note with a stockholder for $25,000. The principal balance and interest at 10% is due October 31, 2016. The Company also issued the stockholder a warrant for the purchase of 25,000 shares of common stock as additional consideration for the $25,000 loan. The fair market value of the warrant was determined to be $0.13 per share, or $3,250.