Quarterly report pursuant to Section 13 or 15(d)

CONVERTIBLE NOTE PAYABLE (Details Narrative)

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CONVERTIBLE NOTE PAYABLE (Details Narrative) - USD ($)
1 Months Ended 3 Months Ended 12 Months Ended
May 30, 2017
Dec. 02, 2016
Dec. 31, 2016
Nov. 30, 2016
Mar. 31, 2017
Mar. 31, 2016
Dec. 31, 2015
Successor [Member]              
Interest expense         $ 189,162    
Derivative liabilities     $ 153,663   $ 188,465    
Successor [Member] | December 2015 Purchaser Conversion [Member]              
Description of terms of conversion feature        

December 2015 Purchaser Conversion Price of $0.12, subject to potential future adjustments described below. If the total outstanding balance of the Note were convertible as of December 31, 2016, the December 2015 Note would have been convertible into 7,187,500 shares of our common stock.

   
Successor [Member] | November 2016 Notes [Member]              
Unamortized debt discount         $ 210,045    
Interest expense         46,677    
Successor [Member] | November 2015 Notes [Member]              
Unamortized debt discount         132,208    
Interest expense         141,651    
Successor [Member] | December 2015 Optional Redemption [Member]              
Derivative liabilities         122,528    
Re-measurement of derivative liability         25,180    
Contingent fair value         $ 199,150    
Successor [Member] | Common Stock [Member]              
Value of shares issued   $ 770,000          
Number of shares issued   7,000,000          
Successor [Member] | Warrant [Member]              
Share price (in dollars per share)     $ 0.11   $ 0.12    
Successor [Member] | Warrant [Member] | November 2016 Notes [Member]              
Unamortized debt discount         $ 283,172    
Number of common shares issued         100,002    
Warrants granted         $ 108,567    
Successor [Member] | Warrant [Member] | November 2015 Notes [Member]              
Unamortized debt discount         $ 862,500    
Number of common shares issued         625,000    
Warrants granted         $ 439,107    
Debt origination expenses         $ 429,000    
Successor [Member] | November 2016 Purchaser Conversion Shares [Member]              
Conversion rate         $ 0.12    
Embedded derivative liability         $ 32,016    
Accretion of debt discount         2,395,850    
Derivative liabilities         26,610    
Re-measurement of derivative liability         $ 2,615    
Successor [Member] | November 2016 Purchaser Warrants [Member]              
Conversion rate         $ 0.12    
Embedded derivative liability         $ 108,597    
Trading period         5 years    
Issuance date         6 months    
Share price (in dollars per share)         $ 0.30    
Derivative liabilities         $ 105,168    
Re-measurement of derivative liability         $ 170    
Successor [Member] | November 2016 Purchaser Common Stock [Member]              
Embedded derivative liability     $ 240,615        
Value of shares issued       $ 833,354      
Number of shares issued     244,945 100,002      
Successor [Member] | December 2015 Purchaser Conversion [Member]              
Conversion rate         $ 0.12    
Accretion of debt discount         $ 7,187,500    
Derivative liabilities         39,327    
Re-measurement of derivative liability         7,007    
Derivative fair value         $ 88,983    
Successor [Member] | December 2015 Purchaser Warrants [Member]              
Conversion rate         $ 0.12    
Trading period         5 years    
Issuance date         6 months    
Derivative liabilities         $ 45,932    
Share price (in dollars per share)         $ 0.30    
Re-measurement of derivative liability         $ 413,890    
Derivative fair value         439,107    
Successor [Member] | Securities Purchase Agreement [Member]              
Issuance date     Nov. 10, 2016       Dec. 23, 2015
Description of terms of conversion feature    

(ii) a November 2016 Note with a principal amount of $1.00 for each $0.86956 for each $1.00 paid by each purchaser for such purchaser’s November 2016 Note; and (iii) November 2016 Warrants to purchase up to a number of shares of Common Stock equal to 100% of such purchaser’s November 2016 Note principal amount divided by $0.12 (“Purchaser Conversion Price”), the conversion price in effect on the Initial Closing Date, with a per share exercise price equal to $0.30, subject to adjustment.

     

(ii) a Note with a principal amount of $1.00 for each $0.86956 for each $1.00 paid by each purchaser for such purchaser’s Note; and (iii) Warrants to purchase up to a number of shares of Common Stock equal to 100% of such purchaser’s Note principal amount divided by $0.12 (“Purchaser Conversion Price”), the conversion price in effect on the Initial Closing Date, with a per share exercise price equal to $0.30, subject to adjustment.

Issuance of convertible debt     $ 244,945       $ 724,500
Unamortized debt discount     $ 42,557       $ 138,000
Maturity date     May 10, 2018       Jun. 23, 2017
Interest rate     15.00%       15.00%
Conversion rate     $ 0.12       $ 0.12
Percentage of beneficially own in excess of common shares outstanding     9.99%       9.99%
Percentage of right to participate subsequent financing     100.00%       100.00%
Description of redemption of debt intrument    

The Notes provide that commencing six (6) months after the Original Issue Date, we will have the option of prepaying the outstanding principal amount of the Notes (an “Optional Redemption”), in whole or in part, by paying to the holders a sum of money in cash equal to one hundred percent (100%) of the principal amount to be redeemed, together with accrued but unpaid interest thereon, if any, and any and all other sums due, accrued or payable to the holder arising under the Note through the Redemption Payment Date and 2.8986 shares of our Common Stock for each $1.00 of Note principal amount being redeemed. A Notice of Redemption, if given, may be given on the first Trading Day following twenty (20) consecutive Trading Days during which all of the “Equity Conditions”, as defined, have been in effect.

     

The Notes provide that commencing six (6) months after the Original Issue Date, we will have the option of prepaying the outstanding principal amount of the Notes (an “Optional Redemption”), in whole or in part, by paying to the holders a sum of money in cash equal to one hundred percent (100%) of the principal amount to be redeemed, together with accrued but unpaid interest thereon, if any, and any and all other sums due, accrued or payable to the holder arising under the Note through the Redemption Payment Date and 2.8986 shares of our Common Stock for each $1.00 of Note principal amount being redeemed. A Notice of Redemption, if given, may be given on the first Trading Day following twenty (20) consecutive Trading Days during which all of the “Equity Conditions”, as defined, have been in effect.

Embedded derivative liability         $ 88,983    
Share price (in dollars per share)     $ 0.11   $ 0.12    
Successor [Member] | Securities Purchase Agreement [Member] | Common Stock [Member]              
Common stock convertible shares         2,500,000    
Common stock convertible amount         $ 625,000    
Successor [Member] | Securities Purchase Agreement [Member] | Alpha Capital Anstalt and Brio Capital Master Fund Ltd. [Member] | Secured Convertible Notes [Member]              
Principle amount     $ 287,502       $ 862,500
Successor [Member] | Securities Purchase Agreement [Member] | Alpha Capital Anstalt and Brio Capital Master Fund Ltd. [Member] | Common Stock [Member]              
Common stock convertible shares     833,354       2,500,000
Successor [Member] | Securities Purchase Agreement [Member] | Alpha Capital Anstalt and Brio Capital Master Fund Ltd. [Member] | Warrant [Member]              
Common stock convertible shares     2,395,850       7,187,542
Description of terms of conversion feature            

ii) a December 2015 Note with a principal amount of $1.00 for each $0.86956 for each $1.00 paid by each purchaser for such purchaser’s December 2015 Note; and (iii) December 2015 Warrants to purchase up to a number of shares of Common Stock equal to 100% of such purchaser’s December 2015 Note principal amount divided by $0.12 (“December 2015 Purchaser Conversion Price”), the conversion price in effect on the Initial Closing Date, with a per share exercise price equal to $0.30, subject to adjustment.

Successor [Member] | Second Consent Waiver and Modification Agreement [Member] | Convertible Promissory Note [Member] | Subsequent Event [Member]              
Conversion rate $ 0.08            
Successor [Member] | Second Consent Waiver and Modification Agreement [Member] | Common Stock [Member] | Convertible Promissory Note [Member] | Subsequent Event [Member]              
Share price (in dollars per share) 0.08            
Successor [Member] | Second Consent Waiver and Modification Agreement [Member] | Warrant [Member] | Convertible Promissory Note [Member] | Subsequent Event [Member]              
Share price (in dollars per share) $ 0.30            
Warrant exercisable term 5 years            
Predecessor [Member]              
Unamortized debt discount           $ 31,500  
Interest expense           $ 33,270  
Predecessor [Member] | Second Consent Waiver and Modification Agreement [Member] | Convertible Promissory Note [Member] | Subsequent Event [Member]              
Conversion rate $ 0.08            
Predecessor [Member] | Second Consent Waiver and Modification Agreement [Member] | Common Stock [Member] | Convertible Promissory Note [Member] | Subsequent Event [Member]              
Share price (in dollars per share) 0.08            
Predecessor [Member] | Second Consent Waiver and Modification Agreement [Member] | Warrant [Member] | Convertible Promissory Note [Member] | Subsequent Event [Member]              
Share price (in dollars per share) $ 0.30            
Warrant exercisable term 5 years