Loss on Conversion of Note Payable |
12 Months Ended |
|---|---|
Dec. 31, 2017 | |
| Loss on Conversion of Note Payable [Abstract] | |
| LOSS ON CONVERSION OF NOTE PAYABLE | NOTE 9 – LOSS ON CONVERSION OF NOTE PAYABLE
On September 9, 2016, an investor holding a convertible note elected to convert such note, together with all then-accrued interest, totaling $10,456 into 2,613,963 shares of common stock. In connection with such election, the Company repriced the original conversion of $0.02 per share to $0.004 per share, which resulted in an accounting loss upon such conversion. The Company consequently recognized a loss of $13,593 and included it in Loss on conversion of note payable on our Consolidated Statement of Operations for the year ended December 31, 2016. See Notes 7 and 11. |