Quarterly report pursuant to Section 13 or 15(d)

CONVERTIBLE NOTE PAYABLE (Details Narrative)

v3.5.0.2
CONVERTIBLE NOTE PAYABLE (Details Narrative) - USD ($)
 3 Months Ended 9 Months Ended 12 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Sep. 30, 2016
Sep. 30, 2015
Dec. 31, 2015
Jun. 30, 2016
Discount on debt issuance costs $ 418,659   $ 418,659   $ 849,909  
Derivative liabilities 45,241 66,309    
Interest expense 145,633 433,750    
Accretion of debt discount     (431,250)    
Change in derivative liabilities     229,005    
Optional Redemption liability re-measured at fair value 204,921   204,921     $ 199,150
Loss on redemption valuation $ 5,771   $ 204,921      
Securities Purchase Agreement [Member]            
Issuance date     Dec. 23, 2015      
Description of terms of conversion feature    

(ii) a Note with a principal amount of $1.00 for each $0.86956 for each $1.00 paid by each purchaser for such purchaser’s Note; and (iii) Warrants to purchase up to a number of shares of Common Stock equal to 100% of such purchaser’s Note principal amount divided by $0.12 (“Purchaser Conversion Price”), the conversion price in effect on the Initial Closing Date, with a per share exercise price equal to $0.30, subject to adjustment.

      
Maturity date     Jun. 23, 2017      
Interest rate 15.00%   15.00%      
Conversion rate (in dollars per share) $ 0.12   $ 0.12      
Percentage of beneficially own in excess of common shares outstanding 9.99%   9.99%      
Percentage of right to participate subsequent financing 100.00%   100.00%      
Description of redemption of debt instrument    

The Notes provide that commencing six (6) months after the Original Issue Date, the Company will have the option of prepaying the outstanding principal amount of the Notes (an “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 Note through the Redemption Payment Date and 2.8986 shares of Common Stock of the Company for each $1.00 of 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.

      
Embedded derivative liability $ 113,067   $ 113,067   88,983  
Change in derivative liabilities 3,080   24,084      
Securities Purchase Agreement [Member] | Mr. Joseph Segelman [Member]            
Interest expense     $ 5,000      
Securities Purchase Agreement [Member] | Common Stock [Member]            
Common stock convertible shares     2,500,000      
Issuance of convertible debt     $ 724,500      
Discount on debt issuance costs 418,659   418,659   849,909  
Embedded derivative liability 1,153,090   1,153,090      
Common stock convertible amount     625,000      
Interest expense     433,590      
Accretion of debt discount 144,799   431,250      
Securities Purchase Agreement [Member] | Common Stock [Member] | Alpha Capital Anstalt And Brio Capital Master Fund Ltd. [Member]            
Issuance of convertible debt     724,500      
Discount on debt issuance costs $ 138,000   $ 138,000      
Securities Purchase Agreement [Member] | Alpha Capital Anstalt And Brio Capital Master Fund Ltd. [Member]            
Conversion rate (in dollars per share) $ 0.3   $ 0.3      
Percentage of right to participate subsequent financing 100.00%   100.00%      
Embedded derivative liability $ 372,798   $ 372,798      
Trading days     5 years      
Issuance period     6 months      
Derivative liabilities 45,241   $ 66,309   $ 439,107  
Securities Purchase Agreement [Member] | Alpha Capital Anstalt And Brio Capital Master Fund Ltd. [Member] | Secured Convertible Notes [Member]            
Principle amount $ 862,500   $ 862,500      
Securities Purchase Agreement [Member] | Alpha Capital Anstalt And Brio Capital Master Fund Ltd. [Member] | Common Stock [Member]            
Common stock convertible shares     2,500,000      
Securities Purchase Agreement [Member] | Alpha Capital Anstalt And Brio Capital Master Fund Ltd. [Member] | Warrant [Member]            
Common stock convertible shares     7,187,542      
Description of terms of conversion feature    

The Purchaser Warrants allow the Purchaser to purchase up to a number of shares of Common Stock equal to 100% of such purchaser’s Note principal amount divided by $0.12, the conversion price in effect on the Initial Closing Date, with a per share exercise price equal to $0.30, subject to adjustment.