Quarterly report pursuant to Section 13 or 15(d)

Summary of Significant Accounting Policies (Tables)

v3.4.0.3
Summary of Significant Accounting Policies (Tables)
3 Months Ended
Mar. 31, 2016
Summary of Significant Accounting Policies [Abstract]  
Schedule of fair value measured on recurring basis

As of March 31, 2016, 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  
                         
Derivative liability   $ -     $ -     $ 268,819  

 

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  
                         
Derivative liability   $ -     $ -     $ 107,690