Going Concern and Management's Plans (Details Narrative) - USD ($) |
3 Months Ended | 6 Months Ended | |||||
---|---|---|---|---|---|---|---|
Jun. 30, 2016 |
Jun. 30, 2015 |
Jun. 30, 2016 |
Jun. 30, 2015 |
Jun. 24, 2016 |
Dec. 31, 2015 |
Dec. 31, 2014 |
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Cash balance | $ 183,767 | $ 279,581 | $ 183,767 | $ 279,581 | $ 189,231 | $ 1,627,062 | |
Working capital deficiency | 19,508,293 | 19,508,293 | |||||
Accumulated deficit | 80,119,423 | 80,119,423 | $ 73,372,655 | ||||
Net loss | 2,345,976 | $ 1,238,799 | 6,746,768 | $ 4,920,832 | |||
Sixty Day Convertible Note [Member] | |||||||
Aggregate principal amount | $ 95,000 | ||||||
July 2016 [Member] | Sixty Day Convertible Note [Member] | |||||||
Aggregate principal amount | $ 200,000 | 200,000 | |||||
August 2016 [Member] | |||||||
Repayments of convertible note | $ 105,000 |
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- Definition Working capital deficiency. 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 Face (par) amount of debt instrument at time of issuance. 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 cash outflow from the repayment of a long-term debt instrument which can be exchanged for a specified amount of another security, typically the entity's common stock, at the option of the issuer or the holder. 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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