Related Parties (Details Narrative) - USD ($) |
3 Months Ended | 9 Months Ended | ||
---|---|---|---|---|
Sep. 30, 2016 |
Sep. 30, 2015 |
Sep. 30, 2016 |
Sep. 30, 2015 |
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Commissions paid by company to its CEO | $ 0 | $ 17,000 | $ 0 | $ 43,250 |
Issuance of warrants to purchase of common stock | 25,000 | 25,000 | ||
Fair value of warrant claim estimated | $ 1,000,000 | |||
Accounting and tax service fees | $ 0 | $ 7,655 | 0 | $ 32,573 |
November 2016 [Member] | ||||
Estimate of liability | 400,000 | 400,000 | ||
Estimated liability payable in cash | 217,000 | |||
Estimated liability payable in stock options | 183,000 | |||
November 2016 [Member] | Maximum [Member] | ||||
Estimate of liability | $ 2,634,508 | $ 2,634,508 | ||
Issuance of warrants to purchase of common stock | 5,733,335 | 5,733,335 | ||
November 2016 [Member] | Board of Directors [Member] | ||||
Quantified total claims for party upon further analysis | $ 475,000 | $ 475,000 |
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- Definition Accounting and tax service fees. No definition available.
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- Definition Estimate of liability. No definition available.
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- Definition Estimated liability payable in cash. No definition available.
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- Definition Estimated liability payable in stock options. No definition available.
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- Definition Number of securities into which the class of warrant or right may be converted. For example, but not limited to, 500,000 warrants may be converted into 1,000,000 shares. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount of expense (income) related to adjustment to fair value of warrant liability. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The amount needed to reflect the estimated ultimate cost of settling claims relating to insured events that have occurred on or before the balance sheet date, whether or not reported to the insurer at that date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition The amount of cash paid for commissions during the current period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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- Details
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- Details
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