Convertible Note Payable (Details Textual) - USD ($) |
6 Months Ended | |||
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Jun. 30, 2015 |
Jun. 30, 2014 |
Jun. 10, 2015 |
Oct. 02, 2014 |
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Convertible note payable (Detail Textual) | ||||
Convertible note payable interest | 8.00% | 5.00% | ||
Convertible notes payable value | $ 28,000 | $ 100,000 | ||
Interest rate on discount | 61.00% | 25.00% | ||
Derivative liability | $ 20,000 | $ 70,334 | ||
Debt discount value | 20,000 | 70,334 | ||
Accretion of debt discount | 19,138 | |||
Accretion expense | 1,555 | $ 17,583 | ||
Interest incurred | $ 1,332 |
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- References No definition available.
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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 recognized for the passage of time, typically for liabilities, that have been discounted to their net present values. Excludes accretion associated with asset retirement obligations. 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 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 Total interest costs incurred during the period and either capitalized or charged against earnings. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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