CONVERTIBLE NOTE PAYABLE (Details 6) |
6 Months Ended |
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Jun. 30, 2017
USD ($)
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Derivative liabilities [Roll Forward] | |
Balance at beginning | $ 153,663 |
Decrease in fair value | (282,530) |
Change due to extinguishment of debt | 225,092 |
Valuation of November 2016 Optional Redemption shares | 35,015 |
Balance at end | 131,240 |
Warrant liabilities [Roll Forward] | |
Balance at beginning | 473,296 |
Decrease in fair value | (139,612) |
Change due to extinguishment of debt | 251,670 |
Balance at end | $ 585,354 |
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- Definition It represents as a change due to extinguishment of debt. No definition available.
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- Definition It represents as valuation of optional redemption shares. No definition available.
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- References No definition available.
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- Definition The amount of warrant liability due within twelve months. No definition available.
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- Definition Amount of increase (decrease) in the fair value of derivatives recognized in the income statement. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Fair value, after the effects of master netting arrangements, of a financial liability or contract with one or more underlyings, notional amount or payment provision or both, and the contract can be net settled by means outside the contract or delivery of an asset. Includes liabilities not subject to a master netting arrangement and not elected to be offset. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- References No definition available.
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- Definition Amount of expense (income) related to adjustment to fair value of warrant liability. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Difference between the fair value of payments made and the carrying amount of debt which is extinguished prior to maturity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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