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6. CONVERTIBLE DEBT (Tables)
 12 Months Ended
Dec. 31, 2014
Convertible Debt Tables  
Convertible Notes and Warrants potential future financing and fundamental transactions
    December 31,   December 31,    
    2014   2013    Inception
Closing stock price    $              0.27    $              0.42   0.13-0.55
Conversion price    $              0.29    $              0.29   0.29
Expected volatility   114%   175%   185%-190%
Remaining term (years)   0.58   1.58   2.30-2.07
Risk-free rate   0.13%   0.28%   .25%-.43%
Expected dividend yield   0%   0%   0%

 

Warrant

 

     
     Inception
Closing stock price   0.13-0.55
Conversion price   0.30
Expected volatility   250%
Remaining term (years)   5.30-5.09
Risk-free rate   .76% - (1.61%)
Expected dividend yield   0%
Convertible notes

 

 

  

December 31,

2014

   December 31,
2013
         
Convertible notes $  5,074,000 $         5,074,000
Initial Discount on convertible notes   (5,074,000)         (5,074,000)
Accumulated amortization of discount   1,077,967                     70,442
Total convertible notes, net $     1,077,967 $               70,442