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Convertible Notes Payable (Tables)
6 Months Ended
Jun. 30, 2016
Debt Disclosure [Abstract]  
Schedule of Convertible Notes Payable

There are four convertible notes payable convertible on the basis of $0.01 of debt to 1 common share.

 

The balance of the first convertible note payable convertible on the basis of $0.01 of debt to 1 common share is as follows:

 

Balance   Jun 30, 2016     Dec 31, 2015  
             
Proceeds from promissory note   $ 40,000     $ 40,000  
Value allocated to additional paid-in capital     40,000       40,000  
                 
Balance allocated to convertible note payable     -       -  
Amortized discount     40,000       40,000  
Balance, convertible note payable   $ 40,000     $ 40,000  

 

The balance of the second convertible note payable convertible on the basis of $0.01 of debt to 1 common share is as follows:

 

Balance   Jun 30, 2016     Dec 31, 2015  
             
Proceeds from promissory note   $ 20,000     $ 20,000  
Value allocated to additional paid-in capital     20,000       20,000  
                 
Balance allocated to convertible note payable     -       -  
Amortized discount     20,000       20,000  
Balance, convertible note payable   $ 20,000     $ 20,000  

 

The balance of the third convertible note payable convertible on the basis of $0.01 of debt to 1 common share is as follows:

 

Balance   Jun 30, 2016     Dec 31, 2015  
             
Proceeds from promissory note   $ 25,000     $ 25,000  
Value allocated to additional paid-in capital     25,000       25,000  
                 
Balance allocated to convertible note payable     -       -  
Amortized discount     20,000       17,750  
Balance, convertible note payable   $ 20,000     $ 17,750  

 

The balance of the fourth convertible note payable convertible on the basis of $0.01 of debt to 1 common share at is as follows:

 

Balance   Jun 30, 2016     Dec 31, 2015  
             
Proceeds from promissory note   $ 25,000     $ 25,000  
Value allocated to additional paid-in capital     25,000       25,000  
                 
Balance allocated to convertible note payable                
Amortized discount     16,250       13,750  
Balance, convertible note payable   $ 16,250     $ 13,750  

  

There are two convertible notes payable convertible on the basis of $0.005 of debt to 1 common share

 

The balance of the first convertible note payable convertible on the basis of $0.005 of debt to 1 common share is as follows:

 

Balance   Jun 30, 2016     Dec 31, 2015  
             
Proceeds from promissory note   $ 10,000     $ 10,000  
Value allocated to additional paid-in capital     10,000       10,000  
                 
Balance allocated to convertible note payable     -       -  
Amortized discount     10,000       9,500  
Balance, convertible note payable   $ 10,000     $ 9,500  

  

The balance of the second convertible note payable convertible on the basis of $0.005 of debt to 1 common share is as follows:

  

Balance   Jun 30, 2016     Dec 31 2015  
             
Proceeds from promissory note   $ 10,000     $ 10,000  
Value allocated to additional paid-in capital     10,000       10,000  
                 
Balance allocated to convertible note payable     -       -  
Amortized discount     10,000       9,250  
Balance, convertible note payable   $ 10,000     $ 9,250  

 

There is one convertible notes payable convertible on the basis of $0.045 of debt to 1 common share

 

The balance of this convertible note payable is as follows:

 

Balance   Jun 30, 2016     Dec 31, 2015  
             
Proceeds from promissory note   $ 25,000     $ 25,000  
Value allocated to additional paid-in capital     25,000       25,000  
                 
Balance allocated to convertible note payable     -          
Amortized discount     10,833       8,333  
Balance, convertible note payable   $ 10,833     $ 8,333  

 

There is one convertible notes payable convertible on the basis of $0.15 of debt to 1 common share

 

The balance of this convertible note payable is as follows:

 

Balance   Jun 30, 2016     Dec 31, 2015  
             
Proceeds from promissory note   $ 25,000     $ 25,000  
Value allocated to additional paid-in capital     25,000       25,000  
                 
Balance allocated to convertible note payable                
Amortized discount     6,250       3,750  
Balance, convertible note payable   $ 6,250     $ 3,750  

 

There is one convertible notes payable convertible on the basis of $0.05 of debt to 1 common share

 

The balance of this convertible note payable is as follows:

 

Balance   Jun 30, 2016     Dec 31, 2015  
             
Proceeds from promissory note   $ 21,000     $ -  
Value allocated to additional paid-in capital     21,000       -  
                 
Balance allocated to convertible note payable     -       -  
Amortized discount     700       -  
Balance, convertible note payable   $ 700     $ -