CONVERTIBLE NOTES PAYABLE (Details Narrative) - USD ($) |
1 Months Ended | 2 Months Ended | 3 Months Ended | 6 Months Ended | 12 Months Ended | ||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Jan. 03, 2018 |
Nov. 10, 2017 |
Feb. 16, 2018 |
Jan. 31, 2018 |
Jan. 25, 2018 |
Nov. 30, 2017 |
Nov. 30, 2016 |
Feb. 28, 2018 |
Jun. 30, 2018 |
Jun. 30, 2017 |
Jun. 30, 2018 |
Jun. 30, 2017 |
Dec. 31, 2017 |
Dec. 31, 2016 |
Dec. 31, 2015 |
Nov. 16, 2017 |
May 30, 2017 |
|
Interest expense | $ 111,478 | $ 128,478 | $ 193,078 | $ 317,639 | |||||||||||||
Derivative liabilities | 31,875 | $ 31,875 | $ 470,839 | ||||||||||||||
Securities Purchase Agreement [Member] | |||||||||||||||||
Issuance date | Nov. 10, 2017 | Nov. 10, 2016 | |||||||||||||||
Description of terms of conversion feature |
ii) a November 2017 Note with a principal amount of $1.00 for each $0.86956 for each $1.00 paid by each purchaser for such purchaser’s November 2017 Note; and (iii) November 2017 Warrants to purchase up to a number of shares of Common Stock equal to 100% of such purchaser’s November 2017 Note principal amount divided by $0.08 (“Purchaser Conversion Price”), the conversion price in effect on the Initial Closing Date, with a per share exercise price equal to $0.15, as amended on November 16, 2017, subject to adjustment. |
(ii) a November 2016 Note with a principal amount of $1.00 for each $0.86956 for each $1.00 paid by each purchaser for such purchaser’s November 2016 Note; and (iii) November 2016 Warrants to purchase up to a number of shares of Common Stock equal to 100% of such purchaser’s November 2016 Note principal amount divided by $0.12 (“Purchaser Conversion Price”), the conversion price in effect on the Initial Closing Date, as amended on May 30, 2017 to $0.08, with a per share exercise price equal to $0.30, subject to adjustment. |
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Issuance of convertible debt | $ 250,002 | $ 244,945 | |||||||||||||||
Unamortized debt discount | $ 37,500 | $ 42,557 | $ 138,000 | ||||||||||||||
Maturity date | Dec. 31, 2018 | Dec. 31, 2018 | |||||||||||||||
Interest rate | 15.00% | 15.00% | 15.00% | ||||||||||||||
Conversion rate | $ 0.08 | $ 0.12 | $ 0.08 | ||||||||||||||
Percentage of beneficially own in excess of common shares outstanding | 9.99% | 9.99% | 9.99% | ||||||||||||||
Percentage of right to participate subsequent financing | 100.00% | 100.00% | 100.00% | ||||||||||||||
Description of redemption of debt intrument |
The notes provide that commencing six (6) months after the November 2017 Original Issue Date, the Company will have the option of prepaying the outstanding principal amount of the November 2017 Notes (an “November 2017 Optional Redemption”), in whole or in part, by paying to the holders a sum of money in cash equal to one hundred percent (100%) of the principal amount to be redeemed, together with accrued but unpaid interest thereon, if any, and any and all other sums due, accrued or payable to the holder arising under the November 2017 Note through the November 2017 Redemption Payment Date and 2.8986 shares of the Company’s Common Stock for each $1.00 of November 2017 Note principal amount being redeemed. A Notice of Redemption, if given, may be given on the first Trading Day following twenty (20) consecutive Trading Days during which all of the “Equity Conditions”, as defined, have been in effect. No derivative liability has been recorded as of December 31, 2017, as redemption was contingent. |
The notes provide that commencing six (6) months after the November 2016 Original Issue Date, the Company will have the option of prepaying the outstanding principal amount of the November 2016 Notes (an “November 2016 Optional Redemption”), in whole or in part, by paying to the holders a sum of money in cash equal to one hundred percent (100%) of the principal amount to be redeemed, together with accrued but unpaid interest thereon, if any, and any and all other sums due, accrued or payable to the holder arising under the November 2016 Note through the November 2016 Redemption Payment Date and 2.8986 shares of the Company’s Common Stock for each $1.00 of November 2016 Note principal amount being redeemed. A Notice of Redemption, if given, may be given on the first Trading Day following twenty (20) consecutive Trading Days during which all of the “Equity Conditions”, as defined, have been in effect |
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Securities Purchase Agreement [Member] | Crossover Capital Fund II, LLC | |||||||||||||||||
Value of shares issued | $ 294,000 | ||||||||||||||||
Securities Purchase Agreement [Member] | Crossover Capital Fund II, LLC | Warrants | |||||||||||||||||
Value of shares issued | $ 250,000 | ||||||||||||||||
Number of shares issued | 1,960,000 | ||||||||||||||||
Original issue discount | $ 44,000 | ||||||||||||||||
Securities Purchase Agreement [Member] | Crossover Capital Fund II, LLC | Restricted Stock [Member] | |||||||||||||||||
Value of shares issued | $ 263,522 | ||||||||||||||||
Number of shares issued | 2,395,650 | ||||||||||||||||
Securities Purchase Agreement [Member] | Alpha Capital Anstalt and Brio Capital Master Fund Ltd. [Member] | |||||||||||||||||
Conversion rate | $ 0.3 | ||||||||||||||||
Percentage of right to participate subsequent financing | 100.00% | ||||||||||||||||
Trading days | 5 years | ||||||||||||||||
Issuance date | 6 months | ||||||||||||||||
Warrant [Member] | |||||||||||||||||
Share price (in dollars per share) | $ 0.25 | ||||||||||||||||
Warrant [Member] | Securities Purchase Agreement [Member] | Alpha Capital Anstalt and Brio Capital Master Fund Ltd. [Member] | |||||||||||||||||
Common stock convertible shares | 3,593,776 | 3,593,775 | 10,781,250 | ||||||||||||||
Issuance date | Dec. 23, 2015 | ||||||||||||||||
Description of terms of conversion feature |
ii) a December 2015 Note with a principal amount of $1.00 for each $0.86956 for each $1.00 paid by each purchaser for such purchaser’s December 2015 Note; and (iii) December 2015 Warrants to purchase up to a number of shares of Common Stock equal to 100% of such purchaser’s December 2015 Note principal amount divided by $0.12 (“December 2015 Purchaser Conversion Price”), the conversion price in effect on the Initial Closing Date, as amended on May 30, 2017 to $0.08, with a per share exercise price equal to $0.15, as amended on November 16, 2017, subject to adjustment. |
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Issuance of convertible debt | $ 724,500 | ||||||||||||||||
Maturity date | Dec. 31, 2018 | ||||||||||||||||
Description of redemption of debt intrument |
The notes provide that commencing six (6) months after the December 2015 Original Issue Date, the Company will have the option of prepaying the outstanding principal amount of the December 2015 Notes (an “December 2015 Optional Redemption”), in whole or in part, by paying to the holders a sum of money in cash equal to one hundred percent (100%) of the principal amount to be redeemed, together with accrued but unpaid interest thereon, if any, and any and all other sums due, accrued or payable to the holder arising under the December 2015 Note through the December 2015 Redemption Payment Date and 2.8986 shares of the Company’s Common Stock for each $1.00 of December 2015 Note principal amount being redeemed. A Notice of Redemption, if given, may be given on the first Trading Day following twenty (20) consecutive Trading Days during which all of the “Equity Conditions”, as defined, have been in effect. |
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November 2017 Purchaser Conversion Shares [Member] | |||||||||||||||||
Conversion rate | $ 0.08 | ||||||||||||||||
Embedded derivative liability | $ 165,000 | ||||||||||||||||
Number of common shares issued | 3,593,776 | ||||||||||||||||
Value of shares issued | $ 833,354 | ||||||||||||||||
Number of shares issued | 163,171 | ||||||||||||||||
Derivative liabilities | 0 | 0 | $ 23,000 | ||||||||||||||
Gain on Re-valuation of derivative liability | 23,000 | 0 | $ 75,000 | 0 | |||||||||||||
November 2017 Purchaser Warrants [Member] | |||||||||||||||||
Trading days | 5 years | ||||||||||||||||
Issuance date | 6 months | ||||||||||||||||
Fair value of the warrants | $ 290,612 | ||||||||||||||||
Change in warrant liability | $ 0 | ||||||||||||||||
December 2015 Purchaser Conversion Shares [Member] | |||||||||||||||||
Common stock convertible shares | 10,781,250 | ||||||||||||||||
Conversion rate | $ 0.08 | ||||||||||||||||
Embedded derivative liability | 88,983 | 88,983 | |||||||||||||||
Derivative liabilities | 0 | 0 | |||||||||||||||
Gain on Re-valuation of derivative liability | 69,000 | 192,577 | 224,998 | 185,570 | |||||||||||||
Derivative fair value | 88,983 | $ 88,983 | |||||||||||||||
CommonStock | Securities Purchase Agreement [Member] | |||||||||||||||||
Common stock convertible shares | 2,500,000 | ||||||||||||||||
Common stock convertible amount | $ 625,000 | ||||||||||||||||
CommonStock | Securities Purchase Agreement [Member] | Crossover Capital Fund II, LLC | |||||||||||||||||
Number of shares issued | 833,332 | ||||||||||||||||
CommonStock | Securities Purchase Agreement [Member] | Alpha Capital Anstalt and Brio Capital Master Fund Ltd. [Member] | |||||||||||||||||
Common stock convertible shares | 833,354 | 833,354 | 2,500,000 | ||||||||||||||
November 2016 Purchaser Common Stock [Member] | |||||||||||||||||
Embedded derivative liability | $ 240,615 | ||||||||||||||||
Value of shares issued | $ 833,354 | $ 244,945 | |||||||||||||||
Number of shares issued | 100,002 | ||||||||||||||||
November 2016 Purchaser Warrants [Member] | |||||||||||||||||
Conversion rate | $ 0.12 | ||||||||||||||||
Embedded derivative liability | $ 108,597 | ||||||||||||||||
Trading days | 5 years | ||||||||||||||||
Issuance date | 6 months | ||||||||||||||||
Gain on Re-valuation of derivative liability | $ 0 | ||||||||||||||||
Change in warrant liability | 0 | ||||||||||||||||
December 2015 Purchaser Warrants [Member] | |||||||||||||||||
Conversion rate | $ 0.08 | ||||||||||||||||
Trading days | 5 years | ||||||||||||||||
Issuance date | 6 months | ||||||||||||||||
Share price (in dollars per share) | $ 0.15 | ||||||||||||||||
Derivative fair value | $ 439,107 | ||||||||||||||||
Change in warrant liability | $ 0 | ||||||||||||||||
November 2016 Purchaser Conversion Shares [Member] | |||||||||||||||||
Conversion rate | $ 0.08 | ||||||||||||||||
Embedded derivative liability | $ 32,016 | ||||||||||||||||
Number of common shares issued | 3,593,775 | ||||||||||||||||
Derivative liabilities | 0 | $ 0 | 23,000 | ||||||||||||||
Gain on Re-valuation of derivative liability | $ 23,000 | 57,327 | $ 75,000 | 54,712 | |||||||||||||
Redeemable Shares | Securities Purchase Agreement [Member] | Crossover Capital Fund II, LLC | |||||||||||||||||
Number of shares issued | 3,000,000 | ||||||||||||||||
January and February 2018 Purchaser Conversion Shares [Member] | |||||||||||||||||
Common stock convertible shares | 3,675,000 | ||||||||||||||||
Total interest | $ 29,400 | ||||||||||||||||
Interest rate | 10.00% | 10.00% | |||||||||||||||
Conversion rate | $ 0.08 | $ 0.08 | |||||||||||||||
January 2018 Purchaser Warrants [Member] | |||||||||||||||||
Fair value of the warrants | $ 95,324 | $ 65,292 | |||||||||||||||
November 2017 Notes [Member] | |||||||||||||||||
Extinguishments of Debt | $ 12,000 | $ 12,000 | |||||||||||||||
November 2017 Notes [Member] | Restricted Stock [Member] | |||||||||||||||||
Value of shares issued | $ 263,522 | ||||||||||||||||
Number of shares issued | 2,395,650 | ||||||||||||||||
Extinguishments of Debt | 263,522 | ||||||||||||||||
November 2017 Notes [Member] | Warrant [Member] | |||||||||||||||||
Unamortized debt discount | $ 287,502 | ||||||||||||||||
Accretion of debt discount | 0 | ||||||||||||||||
Number of common shares issued | 163,171 | ||||||||||||||||
Warrants granted | $ 290,612 | ||||||||||||||||
Extinguishments of Debt | 224,904 | ||||||||||||||||
Debt origination expenses | 369,000 | ||||||||||||||||
December 2015 Purchaser Conversion [Member] | |||||||||||||||||
Description of terms of conversion feature |
December 2015 Purchaser Conversion Price of $0.08, as amended on May 30, 2017, subject to potential future adjustments described below. If the total outstanding balance of the Note were convertible as of December 31, 2017, the December 2015 Note would have been convertible into 10,781,250 shares of our common stock. |
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Secured Convertible Notes [Member] | Securities Purchase Agreement [Member] | Alpha Capital Anstalt and Brio Capital Master Fund Ltd. [Member] | |||||||||||||||||
Principle amount | $ 287,502 | 287,502 | $ 862,500 | ||||||||||||||
November 2016 Notes [Member] | |||||||||||||||||
Unamortized debt discount | 0 | 0 | |||||||||||||||
Interest expense | 46,677 | 78,312 | |||||||||||||||
Extinguishments of Debt | 691,371 | ||||||||||||||||
Gain (Loss) on Optional Redemption valuation | 0 | 31,636 | |||||||||||||||
November 2016 Notes [Member] | Warrant [Member] | |||||||||||||||||
Unamortized debt discount | $ 283,172 | ||||||||||||||||
Number of common shares issued | 100,002 | ||||||||||||||||
Warrants granted | $ 108,567 | ||||||||||||||||
December 2015 Notes [Member] | |||||||||||||||||
Extinguishments of Debt | 35,999 | $ 691,371 | |||||||||||||||
December 2015 Notes [Member] | Restricted Stock [Member] | |||||||||||||||||
Value of shares issued | $ 263,522 | ||||||||||||||||
Number of shares issued | 2,395,650 | ||||||||||||||||
Extinguishments of Debt | 263,522 | ||||||||||||||||
December 2015 Notes [Member] | Warrant [Member] | |||||||||||||||||
Unamortized debt discount | $ 862,500 | ||||||||||||||||
Interest expense | 0 | 96,008 | |||||||||||||||
Accretion of debt discount | 0 | 237,660 | |||||||||||||||
Number of common shares issued | 625,000 | ||||||||||||||||
Warrants granted | $ 439,107 | ||||||||||||||||
Debt origination expenses | $ 429,000 | ||||||||||||||||
December 2015 Optional Redemption [Member] | |||||||||||||||||
Share price (in dollars per share) | $ 0.12 | ||||||||||||||||
Derivative liabilities | $ 19,125 | ||||||||||||||||
Contingent fair value | $ 199,150 | ||||||||||||||||
Gain (Loss) on Optional Redemption valuation | 63,240 | 52,524 | 97,755 | 27,344 | |||||||||||||
November 2016 Optional Redemption [Member] | |||||||||||||||||
Derivative liabilities | 6,375 | 6,375 | |||||||||||||||
Contingent fair value | 35,015 | 35,015 | |||||||||||||||
Gain (Loss) on Optional Redemption valuation | 21,080 | 14,904 | $ 32,585 | 14,904 | |||||||||||||
Convertible Promissory Note [Member] | Second Consent Waiver and Modification Agreement [Member] | |||||||||||||||||
Conversion rate | $ 0.08 | ||||||||||||||||
Convertible Promissory Note [Member] | Warrant [Member] | Second Consent Waiver and Modification Agreement [Member] | |||||||||||||||||
Share price (in dollars per share) | 0.15 | ||||||||||||||||
Convertible Promissory Note [Member] | CommonStock | Second Consent Waiver and Modification Agreement [Member] | |||||||||||||||||
Share price (in dollars per share) | $ 0.08 | ||||||||||||||||
January and February 2018 Notes [Member] | |||||||||||||||||
Description of terms of conversion feature | The exercise price for the Warrants is $0.15, subject to adjustment, are exercisable for five years after the date of the Warrants and are exercisable in whole or in part, as either a cash exercise or as a "cashless" exercise. | ||||||||||||||||
Unamortized debt discount | $ 100,548 | $ 100,548 | |||||||||||||||
Interest rate | 18.00% | 18.00% | |||||||||||||||
Common stock convertible amount | $ 28,767 | ||||||||||||||||
Interest expense | 29,400 | ||||||||||||||||
Accretion of debt discount | $ 80,822 | 0 | 141,918 | 0 | |||||||||||||
Warrants granted | 36,739 | ||||||||||||||||
Original issue discount | 44,000 | ||||||||||||||||
Debt discount | 242,466 | ||||||||||||||||
January and February 2018 Notes [Member] | CommonStock | |||||||||||||||||
Value of shares issued | $ 125,000 | ||||||||||||||||
Number of shares issued | 833,332 | ||||||||||||||||
Fair value of redeemable common shares | $ 28,767 | ||||||||||||||||
January and February 2018 Notes [Member] | Redeemable Shares | |||||||||||||||||
Value of shares issued | $ 450,000 | ||||||||||||||||
Number of shares issued | 3,000,000 | ||||||||||||||||
Fair value of redeemable common shares | $ 103,560 | ||||||||||||||||
January 2018 Notes [Member] | Warrant [Member] | |||||||||||||||||
Maturity date | Oct. 03, 2018 | ||||||||||||||||
February 2018 Notes [Member] | Warrant [Member] | |||||||||||||||||
Maturity date | Nov. 16, 2018 | ||||||||||||||||
November 2016 Notes [Member] | |||||||||||||||||
Extinguishments of Debt | $ 12,000 | ||||||||||||||||
November 2016 Notes [Member] | Restricted Stock [Member] | |||||||||||||||||
Value of shares issued | $ 263,522 | ||||||||||||||||
Number of shares issued | 2,395,650 | ||||||||||||||||
Extinguishments of Debt | 263,522 | ||||||||||||||||
November 2017Optional Redemption Valuation [Member] | |||||||||||||||||
Derivative liabilities | 6,375 | 6,375 | |||||||||||||||
Contingent fair value | 6,375 | 6,375 | |||||||||||||||
Gain (Loss) on Optional Redemption valuation | $ 0 | $ 0 | $ 0 | $ 0 |