Quarterly report pursuant to Section 13 or 15(d)

CONVERTIBLE NOTES PAYABLE (Details Narrative)

v3.10.0.1
CONVERTIBLE NOTES PAYABLE (Details Narrative) - USD ($)
1 Months Ended 2 Months Ended 3 Months Ended 6 Months Ended 12 Months Ended
Jan. 03, 2018
Nov. 10, 2017
Feb. 16, 2018
Jan. 31, 2018
Jan. 25, 2018
Nov. 30, 2017
Nov. 30, 2016
Feb. 28, 2018
Jun. 30, 2018
Jun. 30, 2017
Jun. 30, 2018
Jun. 30, 2017
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Nov. 16, 2017
May 30, 2017
Interest expense                 $ 111,478 $ 128,478 $ 193,078 $ 317,639          
Derivative liabilities                 31,875   $ 31,875   $ 470,839        
Securities Purchase Agreement [Member]                                  
Issuance date   Nov. 10, 2017                       Nov. 10, 2016      
Description of terms of conversion feature  

ii) a November 2017 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 2017 Note; and (iii) November 2017 Warrants to purchase up to a number of shares of Common Stock equal to 100% of such purchaser’s November 2017 Note principal amount divided by $0.08 (“Purchaser Conversion Price”), the conversion price in effect on the Initial Closing Date, with a per share exercise price equal to $0.15, as amended on November 16, 2017, subject to adjustment.

                     

(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, as amended on May 30, 2017 to $0.08, with a per share exercise price equal to $0.30, subject to adjustment.

     
Issuance of convertible debt   $ 250,002                       $ 244,945      
Unamortized debt discount   $ 37,500                       $ 42,557 $ 138,000    
Maturity date   Dec. 31, 2018                       Dec. 31, 2018      
Interest rate   15.00%                       15.00% 15.00%    
Conversion rate   $ 0.08                       $ 0.12 $ 0.08    
Percentage of beneficially own in excess of common shares outstanding   9.99%                       9.99% 9.99%    
Percentage of right to participate subsequent financing   100.00%                       100.00% 100.00%    
Description of redemption of debt intrument  

The notes provide that commencing six (6) months after the November 2017 Original Issue Date, the Company will have the option of prepaying the outstanding principal amount of the November 2017 Notes (an “November 2017 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 November 2017 Note through the November 2017 Redemption Payment Date and 2.8986 shares of the Company’s Common Stock for each $1.00 of November 2017 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. No derivative liability has been recorded as of December 31, 2017, as redemption was contingent.

                     

The notes provide that commencing six (6) months after the November 2016 Original Issue Date, the Company will have the option of prepaying the outstanding principal amount of the November 2016 Notes (an “November 2016 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 November 2016 Note through the November 2016 Redemption Payment Date and 2.8986 shares of the Company’s Common Stock for each $1.00 of November 2016 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

     
Securities Purchase Agreement [Member] | Crossover Capital Fund II, LLC                                  
Value of shares issued               $ 294,000                  
Securities Purchase Agreement [Member] | Crossover Capital Fund II, LLC | Warrants                                  
Value of shares issued               $ 250,000                  
Number of shares issued               1,960,000                  
Original issue discount               $ 44,000                  
Securities Purchase Agreement [Member] | Crossover Capital Fund II, LLC | Restricted Stock [Member]                                  
Value of shares issued       $ 263,522                          
Number of shares issued       2,395,650                          
Securities Purchase Agreement [Member] | Alpha Capital Anstalt and Brio Capital Master Fund Ltd. [Member]                                  
Conversion rate                           $ 0.3      
Percentage of right to participate subsequent financing                           100.00%      
Trading days                           5 years      
Issuance date                           6 months      
Warrant [Member]                                  
Share price (in dollars per share)                             $ 0.25    
Warrant [Member] | Securities Purchase Agreement [Member] | Alpha Capital Anstalt and Brio Capital Master Fund Ltd. [Member]                                  
Common stock convertible shares   3,593,776                       3,593,775 10,781,250    
Issuance date                             Dec. 23, 2015    
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, as amended on May 30, 2017 to $0.08, with a per share exercise price equal to $0.15, as amended on November 16, 2017, subject to adjustment.

   
Issuance of convertible debt                             $ 724,500    
Maturity date                             Dec. 31, 2018    
Description of redemption of debt intrument                            

The notes provide that commencing six (6) months after the December 2015 Original Issue Date, the Company will have the option of prepaying the outstanding principal amount of the December 2015 Notes (an “December 2015 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 December 2015 Note through the December 2015 Redemption Payment Date and 2.8986 shares of the Company’s Common Stock for each $1.00 of December 2015 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.

   
November 2017 Purchaser Conversion Shares [Member]                                  
Conversion rate   $ 0.08                              
Embedded derivative liability   $ 165,000                              
Number of common shares issued                     3,593,776            
Value of shares issued           $ 833,354                      
Number of shares issued           163,171                      
Derivative liabilities                   0   0 $ 23,000        
Gain on Re-valuation of derivative liability                 23,000 0 $ 75,000 0          
November 2017 Purchaser Warrants [Member]                                  
Trading days                         5 years        
Issuance date                         6 months        
Fair value of the warrants                         $ 290,612        
Change in warrant liability                               $ 0  
December 2015 Purchaser Conversion Shares [Member]                                  
Common stock convertible shares                             10,781,250    
Conversion rate                             $ 0.08    
Embedded derivative liability                 88,983   88,983            
Derivative liabilities                 0   0            
Gain on Re-valuation of derivative liability                 69,000 192,577 224,998 185,570          
Derivative fair value                 88,983   $ 88,983            
CommonStock | Securities Purchase Agreement [Member]                                  
Common stock convertible shares                             2,500,000    
Common stock convertible amount                             $ 625,000    
CommonStock | Securities Purchase Agreement [Member] | Crossover Capital Fund II, LLC                                  
Number of shares issued               833,332                  
CommonStock | Securities Purchase Agreement [Member] | Alpha Capital Anstalt and Brio Capital Master Fund Ltd. [Member]                                  
Common stock convertible shares   833,354                       833,354 2,500,000    
November 2016 Purchaser Common Stock [Member]                                  
Embedded derivative liability                           $ 240,615      
Value of shares issued             $ 833,354             $ 244,945      
Number of shares issued             100,002                    
November 2016 Purchaser Warrants [Member]                                  
Conversion rate                           $ 0.12      
Embedded derivative liability                           $ 108,597      
Trading days                           5 years      
Issuance date                           6 months      
Gain on Re-valuation of derivative liability                           $ 0      
Change in warrant liability                               0  
December 2015 Purchaser Warrants [Member]                                  
Conversion rate                             $ 0.08    
Trading days                             5 years    
Issuance date                             6 months    
Share price (in dollars per share)                             $ 0.15    
Derivative fair value                           $ 439,107      
Change in warrant liability                               $ 0  
November 2016 Purchaser Conversion Shares [Member]                                  
Conversion rate                           $ 0.08      
Embedded derivative liability                           $ 32,016      
Number of common shares issued                     3,593,775            
Derivative liabilities                 0   $ 0   23,000        
Gain on Re-valuation of derivative liability                 $ 23,000 57,327 $ 75,000 54,712          
Redeemable Shares | Securities Purchase Agreement [Member] | Crossover Capital Fund II, LLC                                  
Number of shares issued               3,000,000                  
January and February 2018 Purchaser Conversion Shares [Member]                                  
Common stock convertible shares                     3,675,000            
Total interest                     $ 29,400            
Interest rate                 10.00%   10.00%            
Conversion rate                 $ 0.08   $ 0.08            
January 2018 Purchaser Warrants [Member]                                  
Fair value of the warrants $ 95,324   $ 65,292                            
November 2017 Notes [Member]                                  
Extinguishments of Debt                 $ 12,000   $ 12,000            
November 2017 Notes [Member] | Restricted Stock [Member]                                  
Value of shares issued         $ 263,522                        
Number of shares issued         2,395,650                        
Extinguishments of Debt                     263,522            
November 2017 Notes [Member] | Warrant [Member]                                  
Unamortized debt discount                         $ 287,502        
Accretion of debt discount                     0            
Number of common shares issued                         163,171        
Warrants granted                         $ 290,612        
Extinguishments of Debt                     224,904            
Debt origination expenses                         369,000        
December 2015 Purchaser Conversion [Member]                                  
Description of terms of conversion feature                            

December 2015 Purchaser Conversion Price of $0.08, as amended on May 30, 2017, subject to potential future adjustments described below. If the total outstanding balance of the Note were convertible as of December 31, 2017, the December 2015 Note would have been convertible into 10,781,250 shares of our common stock.

   
Secured Convertible Notes [Member] | Securities Purchase Agreement [Member] | Alpha Capital Anstalt and Brio Capital Master Fund Ltd. [Member]                                  
Principle amount   $ 287,502                       287,502 $ 862,500    
November 2016 Notes [Member]                                  
Unamortized debt discount                 0   0            
Interest expense                     46,677 78,312          
Extinguishments of Debt                         691,371        
Gain (Loss) on Optional Redemption valuation                 0 31,636              
November 2016 Notes [Member] | Warrant [Member]                                  
Unamortized debt discount                           $ 283,172      
Number of common shares issued                           100,002      
Warrants granted                           $ 108,567      
December 2015 Notes [Member]                                  
Extinguishments of Debt                     35,999   $ 691,371        
December 2015 Notes [Member] | Restricted Stock [Member]                                  
Value of shares issued         $ 263,522                        
Number of shares issued         2,395,650                        
Extinguishments of Debt                     263,522            
December 2015 Notes [Member] | Warrant [Member]                                  
Unamortized debt discount                             $ 862,500    
Interest expense                 0 96,008              
Accretion of debt discount                     0 237,660          
Number of common shares issued                             625,000    
Warrants granted                             $ 439,107    
Debt origination expenses                             $ 429,000    
December 2015 Optional Redemption [Member]                                  
Share price (in dollars per share)                         $ 0.12        
Derivative liabilities                         $ 19,125        
Contingent fair value                         $ 199,150        
Gain (Loss) on Optional Redemption valuation                 63,240 52,524 97,755 27,344          
November 2016 Optional Redemption [Member]                                  
Derivative liabilities                 6,375   6,375            
Contingent fair value                 35,015   35,015            
Gain (Loss) on Optional Redemption valuation                 21,080 14,904 $ 32,585 14,904          
Convertible Promissory Note [Member] | Second Consent Waiver and Modification Agreement [Member]                                  
Conversion rate                                 $ 0.08
Convertible Promissory Note [Member] | Warrant [Member] | Second Consent Waiver and Modification Agreement [Member]                                  
Share price (in dollars per share)                                 0.15
Convertible Promissory Note [Member] | CommonStock | Second Consent Waiver and Modification Agreement [Member]                                  
Share price (in dollars per share)                                 $ 0.08
January and February 2018 Notes [Member]                                  
Description of terms of conversion feature                     The exercise price for the Warrants is $0.15, subject to adjustment, are exercisable for five years after the date of the Warrants and are exercisable in whole or in part, as either a cash exercise or as a "cashless" exercise.            
Unamortized debt discount                 $ 100,548   $ 100,548            
Interest rate                 18.00%   18.00%            
Common stock convertible amount                     $ 28,767            
Interest expense                     29,400            
Accretion of debt discount                 $ 80,822 0 141,918 0          
Warrants granted                     36,739            
Original issue discount                     44,000            
Debt discount                       242,466          
January and February 2018 Notes [Member] | CommonStock                                  
Value of shares issued                     $ 125,000            
Number of shares issued                     833,332            
Fair value of redeemable common shares                     $ 28,767            
January and February 2018 Notes [Member] | Redeemable Shares                                  
Value of shares issued                     $ 450,000            
Number of shares issued                     3,000,000            
Fair value of redeemable common shares                     $ 103,560            
January 2018 Notes [Member] | Warrant [Member]                                  
Maturity date                     Oct. 03, 2018            
February 2018 Notes [Member] | Warrant [Member]                                  
Maturity date                     Nov. 16, 2018            
November 2016 Notes [Member]                                  
Extinguishments of Debt                     $ 12,000            
November 2016 Notes [Member] | Restricted Stock [Member]                                  
Value of shares issued         $ 263,522                        
Number of shares issued         2,395,650                        
Extinguishments of Debt                     263,522            
November 2017Optional Redemption Valuation [Member]                                  
Derivative liabilities                 6,375   6,375            
Contingent fair value                 6,375   6,375            
Gain (Loss) on Optional Redemption valuation                 $ 0 $ 0 $ 0 $ 0