Annual report pursuant to Section 13 and 15(d)

Accrued Public Information Fee (Details Narrative)

Accrued Public Information Fee (Details Narrative) - USD ($)
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Accrued public information fee $ 3,005,277 $ 2,433,734
Securities Purchase Agreement [Member]    
Cash fee percentage 1.00%  
Cash fee description In the event of the Company’s noncompliance with Rule 144(c)(1) at any time after the six-month anniversary of the offering, the investors are entitled to receive a fee of 1% of the aggregate subscription amount of the purchaser’s securities, plus an additional 1% for every pro rata 30-day period that the Company is not in compliance (payable in cash or in kind).