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Convertible Debentures - Schedule of Convertible Debentures (Details) - USD ($)
6 Months Ended 12 Months Ended
Jun. 30, 2017
Dec. 31, 2016
May 03, 2011
Period End Debenture, Net Balance $ 312,743 $ 312,743  
Debt Instrument, Increase, Accrued Interest $ 192,132 $ 176,742  
Convertible Debenture One [Member]      
Origination Date [1] May 03, 2011 May 03, 2011  
Maturity Date [1] May 05, 2012 May 05, 2012  
Interest Rate 5.00% [1] 5.00% [1] 10.00%
Origination Principal Balance [1] $ 300,000 $ 300,000  
Origination Discount Balance [1] (206,832) (206,832)  
Period End Debenture, Net Balance [1] 300,000 300,000  
Debt Instrument, Increase, Accrued Interest [1] $ 185,000 $ 170,000  
Convertible Debenture Two [Member]      
Origination Date [2] Aug. 31, 2011 Aug. 31, 2011  
Maturity Date [2] Aug. 31, 2013 Aug. 31, 2013  
Interest Rate [2] 5.00% 5.00%  
Origination Principal Balance [2] $ 10,000 $ 10,000  
Origination Discount Balance [2] (4,286) (4,286)  
Period End Debenture, Net Balance [2] 10,000 10,000  
Debt Instrument, Increase, Accrued Interest [2] $ 2,939 $ 2,687  
Convertible Debenture Three [Member]      
Origination Date [3] Feb. 10, 2012 Feb. 10, 2012  
Maturity Date [3] Feb. 10, 2014 Oct. 02, 2014  
Interest Rate [3] 10.00% 10.00%  
Origination Principal Balance [3] $ 2,743 $ 2,743  
Origination Discount Balance [3]  
Period End Debenture, Net Balance [3] 2,743 2,743  
Debt Instrument, Increase, Accrued Interest [3] $ 4,193 $ 4,055  
[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.