Convertible Note Payable (Details Textual) (USD $)
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3 Months Ended | |
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Mar. 31, 2015
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Dec. 31, 2014
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Convertible note payable (Detail Textual) | ||
Convertible note payable interest | 5.00%us-gaap_AccountsPayableInterestBearingInterestRate | |
Convertible notes payable value | $ 100,000us-gaap_ConvertibleNotesPayable | |
Interest rate on discount | 25.00%us-gaap_DebtInstrumentInterestRateEffectivePercentage | |
Derivative liability | 70,334us-gaap_DerivativeLiabilities | |
Fair Value of embedded derivative liability | 100,000us-gaap_EmbeddedDerivativeFairValueOfEmbeddedDerivativeLiability | |
Debt discount value | 70,334us-gaap_DebtInstrumentUnamortizedPremium | |
Accrued interest payable | 2,501us-gaap_AccruedLiabilitiesCurrent | 1,251us-gaap_AccruedLiabilitiesCurrent |
Accretion of dedt discount | $ 17,583us-gaap_AccretionOfDiscount |
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- Details
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- Definition
Reflects the effective interest rate as of the balance sheet date on interest-bearing trade payables. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of increase (decrease) in standardized measure of discounted future net cash flow as a result of passage of time. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Carrying value as of the balance sheet date of obligations incurred and payable, pertaining to costs that are statutory in nature, are incurred on contractual obligations, or accumulate over time and for which invoices have not yet been received or will not be rendered. Examples include taxes, interest, rent and utilities. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Including the current and noncurrent portions, carrying value as of the balance sheet date of a written promise to pay a note, initially due after one year or beyond the operating cycle if longer, which can be exchanged for a specified amount of one or more securities (typically common stock), at the option of the issuer or the holder. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Effective interest rate for the funds borrowed under the debt agreement considering interest compounding and original issue discount or premium. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The amount of debt premium that was originally recognized at the issuance of the instrument that has yet to be amortized. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Fair value, after the effects of master netting arrangements, of a financial liability or contract with one or more underlyings, notional amount or payment provision or both, and the contract can be net settled by means outside the contract or delivery of an asset. Includes liabilities not subject to a master netting arrangement and not elected to be offset. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Fair value as of the balance sheet date of the embedded derivative or group of embedded derivatives classified as a liability. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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