XML 48 R30.htm IDEA: XBRL DOCUMENT
v3.7.0.1

Convertible Debentures (Tables) | 3 Months Ended | 12 Months Ended
--- | --- | ---
Mar. 31, 2017 | Dec. 31, 2016
Debt Instrument [Line Items] |  |
Summary of convertible debentures |
|  | 2017 |  |  | 2016 |
June 2016 Debenture, net of $559,037 and $670,845 discount |  | $ | 1,940,963 |  |  | $ | 1,829,155 |
November 2016 Debenture, net of $266,932 and $320,318 discount |  |  | 670,568 |  |  |  | 617,182 |
Total debt |  |  | 2,611,531 |  |  |  | 2,446,337 |
Less current portion |  |  | - |  |  |  | - |
Long-term debt |  | $ | 2,611,531 |  |  | $ | 2,446,337 |
|  |  | Successor 2016 |  |  | Predecessor 2015 |
| 2014 Exchange Debentures |  | $ | - |  |  | $ | 2,489,760 |
| 2014 New Debentures, net of $393,169 discount |  |  | - |  |  |  | 2,311,481 |
| Bridge Debenture |  |  | - |  |  |  | 210,600 |
| June 2016 Debenture, net of $670,845 discount |  |  | 1,829,155 |  |  |  | - |
| November 2016 Debenture, net of $320,318 discount |  |  | 617,182 |  |  |  | - |
| Total debt |  |  | 2,446,337 |  |  |  | 5,011,841 |
| Less current portion |  |  | - |  |  |  | - |
| Long-term debt |  | $ | 2,446,337 |  |  | $ | 5,011,841 |
Schedule of significant assumptions used to measure fair value |  |
|  |  | Date of Issuance |  |  | 12/31/16 |
| Stock price |  | $ | 3.00 |  |  | $ | 3.00 |
| Term |  |  | 1.62 – 2 |  |  |  | 1.5 |
| Volatility |  |  | 44 – 48.8 | % |  |  | 44.4 | %
| Risk-free interest rate |  |  | 0.58 – 0.873 | % |  |  | 0.966 | %
| Exercise price |  | $ | 3.75 |  |  | $ | 3.75 |

X
- Definition Tabular disclosure of borrowings which can be exchanged for a specified number of another security at the option of the issuer or the holder. Disclosures include, but are not limited to, principal amount, amortized premium or discount, and amount of liability and equity components. + References No definition available. + Details
Name: | us-gaap_ConvertibleDebtTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. + References No definition available. + Details
Name: | us-gaap_DebtInstrumentLineItems
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the fair value of financial instruments, including financial assets and financial liabilities, and the measurements of those instruments, assets, and liabilities. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 825 -SubTopic 10 -Section 50 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=73719730&loc=d3e13476-108611 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=66048111&loc=d3e19207-110258 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 825 -SubTopic 10 -Section 50 -Paragraph 11 -URI http://asc.fasb.org/extlink&oid=73719730&loc=d3e13467-108611 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 825 -SubTopic 10 -Section 45 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6447952&loc=d3e13220-108610 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 825 -SubTopic 10 -Section 50 -Paragraph 30 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=6957238&loc=d3e14172-108612 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 825 -SubTopic 10 -Section 50 -Paragraph 10 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=73719730&loc=d3e13433-108611 + Details
Name: | us-gaap_FairValueByBalanceSheetGroupingTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration