Going Concern and Management's Plans (Details Narrative) - USD ($) |
3 Months Ended | |||
---|---|---|---|---|
Mar. 31, 2016 |
Mar. 31, 2015 |
Dec. 31, 2015 |
Dec. 31, 2014 |
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Cash and cash equivalents | $ 191,924 | $ 322,871 | $ 189,231 | $ 1,627,062 |
Working capital deficiency | 17,327,733 | |||
Accumulated deficit | 77,773,447 | $ 73,372,655 | ||
Net loss | 4,400,792 | $ 3,682,033 | ||
Gross proceeds subsequent | 467,120 | |||
Series C Convertible Preferred Stock [Member] | ||||
Aggregate subscription amount | 2,900,040 | |||
Gross proceeds of preferred stock | 800,040 | |||
June and July 2016 [Member] | ||||
Aggregate principal amount | $ 400,000 |
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- Definition Gross proceeds of preferred stock. No definition available.
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- Definition Working Capital Deficit. No definition available.
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- Definition Amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Excludes cash and cash equivalents within disposal group and discontinued operation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount of the required periodic payments applied to principal. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount of subscription received from investors who have been allocated nonredeemable preferred stock or preferred stock redeemable solely at the option of the issuer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The cash inflow from a borrowing supported by a written promise to pay an obligation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The consolidated profit or loss for the period, net of income taxes, including the portion attributable to the noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The cumulative amount of the reporting entity's undistributed earnings or deficit. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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- Details
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