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Convertible Debentures (Details Narrative) - USD ($)
6 Months Ended
May 03, 2011
Jun. 30, 2017
Dec. 31, 2016
Convertible Debenture One [Member]      
Borrowing convertible debenture $ 300,000    
Debt instrument interest percentage 10.00% 5.00% [1] 5.00% [1]
Percentage of discount on conversion price 30.00%    
Reverse stock split 1 for -1,350-    
Debt discount $ 206,832    
Fair market value of warrants $ 45,000    
Convertible Debenture Two [Member]      
Borrowing convertible debenture   $ 10,000  
Debt instrument interest percentage [2]   5.00% 5.00%
Percentage of discount on conversion price   30.00%  
Accreted interest expense   $ 4,286  
Maximum conversion of common stock, percentage   4.99%  
Convertible Debenture Two [Member] | Warrant One [Member]      
Number of warrants granted 300,000    
Warrants exercise price per share $ 337.50    
Convertible Debenture Two [Member] | Warrant Two [Member]      
Number of warrants granted 600,000    
Warrants exercise price per share $ 472.50    
Convertible Debenture Three [Member]      
Borrowing convertible debenture   $ 2,743  
Debt instrument interest percentage [3]   10.00% 10.00%
Debt conversion price per share   $ 0.37125  
[1] On May 3, 2011, the Company borrowed $300,000 in exchange for a convertible debenture. The Debenture bears 10% interest per annum. The lender may at any time convert any portion of the debenture to common shares at a 30% discount of the “Market Price” of the stock based on the average of the previous ten (10) days weighted average closing prices on the date prior to the notice of conversion. The Company may prepay the debenture plus accrued interest at any time before maturity. In addition, as further inducement for loaning the Company the funds, the Company granted the lender 300,000 and 600,000 warrants at $337.50 and $472.50 per share (after restatement for 1 for -1,350- reverse stock split), respectively. As a result, the Company allocated fair market value (“FMV”) to both the BCF and to the warrants, or $206,832, which was recorded as a discount against the debenture. The Company accreted the discount to the convertible debenture through maturity and will accrue interest expense until paid in full or converted. Before discount, the Company determined the FMV of the warrants as $45,000 using the Black-Scholes valuation model.
[2] The Company borrowed $10,000 in exchange for a convertible debenture. The lender at their option may convert all or part of the note plus accrued interest into common stock at a price of thirty percent (30%) discount as determined from the average four (4) highest closing bid prices over the preceding five (5) trading days. The Company valued the BCF of the convertible debenture at $4,286, which was accreted to interest expense.
[3] The Company entered into three new debenture agreements upon sale or assignment by the original lender. Because the stated terms of the new debenture agreement and principal amounts were significantly different from the original debenture, including analysis of the value of the beneficial conversion feature at the assignment or purchase date, the transactions are treated as extinguishment of the old debentures and recorded as new for accounting purposes. As of June 30, 2017, the principle amount was $2,743.