Fair Value Measurements (Tables)

12 Months Ended

Dec. 31, 2015

Fair Value Measurements [Abstract]

Schedule of liabilities measured at fair value

	Level 1		Level 2		Level 3		Total
LIABILITIES:
Warrant liabilities	$	-	$	-	$	273,425	$	273,425
Compound embedded derivative		-		-		200,000		200,000
Total derivative liabilities	$	-	$	-	$	473,425	$	473,425

	Level 1		Level 2		Level 3		Total
LIABILITIES:
Warrant liability	$	-	$	-	$	23,425	$	23,425
Total derivative liability	$	-	$	-	$	23,425	$	23,425

Schedule of estimated fair value of the warrant liability

	December 31,			December 31,
	2015			2014
Stock price	$	0.08		$	0.20
Weighted average strike price	$	0.64		$	2.50
Remaining contractual term (years)		4.12			1.1
Volatility		95.0	%		125.7	%
Risk-free rate		1.54	%		0.3	%
Dividend yield		0.0	%		0.0	%

	December 31,
	2015
Stock price	$	0.08
Strike price	$	0.20
Remaining contractual term (years)		1.12
Volatility		95.0	%
Risk-free rate		0.7	%
Dividend yield		0.0	%

Schedule of financial liabilities that are measured at fair value on a recurring basis

	Years Ended
	December 31,
	2015			2014
Beginning balance	$	23,425		$	140,550
Fair value of derivatives issued		2,090,000			-
Change in fair value of derivative liabilities		(1,640,000	)		(117,125	)
Ending balance	$	473,425		$	23,425