Quarterly report pursuant to Section 13 or 15(d)

Accrued Public Information Fee (Details Narrative)

v3.5.0.2
Accrued Public Information Fee (Details Narrative) - USD ($)
 3 Months Ended
Mar. 31, 2016
Dec. 31, 2015
Accrued public information fee $ 2,654,598 $ 2,433,734
Stock Purchase Agreement [Member]    
Cash fee percentage 1.00%  
Securities Purchase Agreement [Member]    
Cash fee description In the event of the Company’s noncompliance with Rule 144(c)(1) at any time after the six (6) 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).