Significant and Critical Accounting Policies and Practices (Tables)

9 Months Ended

Sep. 30, 2018

Accounting Policies [Abstract]

Schedule of Inventories

Inventory was comprised of the following:

	September 30, 2018		December 31, 2017
Finished goods	$	-	$	1,204

Schedule of Estimated Useful Life

Depreciation is computed by the straight-line method (after taking into account their respective estimated residual values) over the estimated useful lives of the respective assets as follows:

	Estimated Useful Life (Years)
Computer equipment		3
Equipment		2-5
Furniture and fixture		7
Leasehold improvements		*

(*) Amortized on a straight-line basis over the term of the lease or the estimated useful lives, whichever period is shorter.

Schedule of Contingent Share Issuance Arrangements, Stock Options and Warrants

The following table shows the outstanding dilutive common shares excluded from the diluted net income (loss) per share calculation as they were anti-dilutive:

	Contingent shares issuance arrangement, stock options or warrants
	For the Nine Months Ended September 30, 2018		For the Nine Months Ended September 30, 2017
Convertible note		16,666,667		16,666,667
Common stock options		3,743,000		4,643,000
Common stock warrants		16,666,667		16,666,667
Total contingent shares issuance arrangement, stock options or warrants		37,076,334		37,976,334

Schedule of Revisions and Corresponding Effects On Consolidated Statement of Operations

Tabular summaries of the revisions and the corresponding effects on the statement of earnings for the three and nine months ended September 30, 2017 are presented below:

	Consolidated Statement of Operations Three Months Ended September 30, 2017
	Previously Reported			Revisions		Revised Reported
Change in fair value of derivative liabilities	$	(2,306,470	)	$	2,306,470	$	-
Net loss	$	(3,695,439	)	$	2,306,470	$	(1,388,969	)
Net loss per common share:
Basic	$	(0.05	)	$	0.03	$	(0.02	)
Diluted	$	(0.05	)	$	0.03	$	(0.02	)

Tabular summaries of the revisions and the corresponding effects on the statement of earnings for the nine months ended September 30, 2017 are presented below:

	Consolidated Statement of Operations Nine Months Ended September 30, 2017
	Previously Reported			Revisions		Revised Reported
Change in fair value of derivative liabilities	$	(661,098	)	$	661,098	$	-
Net loss	$	(5,404,839	)	$	661,098	$	(4,744,384	)
Net loss per common share:
Basic	$	(0.08	)	$	0.01	$	(0.07	)
Diluted	$	(0.08	)	$	0.01	$	(0.07	)