| Schedule of convertible notes payable |
| Convertible Note |
|
Issuance Date |
|
Maturity Date |
|
Interest Rate |
|
|
Original Borrowing |
|
|
Balance at June 30, 2017 (unaudited) |
|
|
Balance at December 31, 2016 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Note 1 |
|
October 2, 2014 |
|
December 31, 2015 |
|
|
7.0 |
% |
|
$ |
100,000 |
|
|
$ |
100,000 |
|
|
$ |
100,000 |
|
| Note 2 |
|
December 23, 2015 |
|
September 23, 2016 |
|
|
16.0 |
% |
|
$ |
21,000 |
|
|
$ |
21,000 |
|
|
$ |
21,000 |
|
| Note 3 |
|
March 31,2017 |
|
August 30, 2017 |
|
|
5.0 |
% |
|
$ |
10,000 |
|
|
$ |
10,000 |
|
|
|
- |
|
| Note 4 |
|
May 22, 2017 |
|
August 30, 2017 |
|
|
5.0 |
% |
|
$ |
10,000 |
|
|
$ |
10,000 |
|
|
|
- |
|
| Note 5 |
|
June 14, 2017 |
|
August 30, 2017 |
|
|
6.0 |
% |
|
$ |
12,000 |
|
|
$ |
12,000 |
|
|
|
- |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Total |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
153,000 |
|
|
|
121,000 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Debt Discount |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(7,233 |
) |
|
|
- |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Net balance |
|
|
|
|
|
|
|
|
|
|
|
|
|
$ |
145,767 |
|
|
$ |
121,000 |
|
|
| Schedule of fair value of embedded derivative movement |
| Embedded Derivative Liabilities |
|
Fair Value at Date of Issuance |
|
|
Changes in Fair Value |
|
|
Fair Value at December 31,
2016 |
|
| |
|
|
|
|
|
|
|
|
|
| Note 1 – Issued in 2014 |
|
$ |
70,334 |
|
|
$ |
(34,778 |
) |
|
$ |
35,556 |
|
| Note 2 – Issued in 2015 |
|
$ |
21,000 |
|
|
$ |
(17,800 |
) |
|
$ |
3,200 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
| Total |
|
|
|
|
|
$ |
(52,578 |
) |
|
$ |
38,756 |
|
| Embedded Derivative Liabilities |
|
Fair Value at Date of Issuance |
|
|
Changes in Fair Value |
|
|
Fair Value at June 30,
2017
(unaudited) |
|
| |
|
|
|
|
|
|
|
|
|
| Note 1 – Issued in 2014 |
|
$ |
70,334 |
|
|
$ |
(35,246 |
) |
|
$ |
35,088 |
|
| Note 2 – Issued in 2015 |
|
$ |
21,000 |
|
|
$ |
(17,062 |
) |
|
$ |
3,938 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
| Total |
|
|
|
|
|
$ |
(52,308 |
) |
|
$ |
39,026 |
|
|