Annual report pursuant to Section 13 and 15(d)

Accrued Public Information Fee (Details Narrative)

v3.8.0.1
Accrued Public Information Fee (Details Narrative) - USD ($)
12 Months Ended
May 09, 2017
Dec. 31, 2017
Dec. 31, 2016
Accrued public information fee     $ 3,005,277
Series C Convertible Preferred Stock [Member]      
Common stock shares issued during period 30,235    
Securities and Purchase Agreement [Member]      
Cash fee percentage   1.00%  
Cash fee description   In accordance with certain securities purchase agreements, the Company is required to be compliant with Rule 144(c)(1) of the SEC, as defined, so as to enable investors to sell their holdings of Company shares in accordance with the securities purchase agreements. 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).