Annual report pursuant to Section 13 and 15(d)

Fair Value Measurements (Tables)

v3.3.1.900
Fair Value Measurements (Tables)
12 Months Ended
Dec. 31, 2015
Fair Value Measurements [Abstract]  
Schedule of fair value measured on recurring basis

As of December 31, 2015, the following table represents the Company’s fair value hierarchy for items that are required to be measured at fair value on a recurring basis:

 

Description   Level 1     Level 2     Level 3  
                         
Embedded derivative liabilities   $ -     $ -     $ 107,690  

 

As of December 31, 2014, the following table represents the Company’s fair value hierarchy for items that are required to be measured at fair value on a recurring basis:

 

Description   Level 1     Level 2     Level 3  
                         

Embedded derivative liabilities

  $ -     $ -     $ 70,334