Summary of Significant Accounting Policies (Tables)

12 Months Ended

Dec. 31, 2015

Summary Of Significant Accounting Policies Tables

Fair value of financial instruments

	December 31, 2015
	Level 1		Level 2		Level 3		Fair Value
Current Liabilities:
Derivative liabilities	$	-	$	--	$	1,526,060	$	1,526,060

	December 31, 2014
	Level 1		Level 2		Level 3		Fair Value
Current Assets:
Trading securities	$	39,930	$	--	$	--	$	39,930
Current Liabilities:
Derivative liabilities	$	-	$	--	$	1,354,319	$	1,354,319

Fair value of Level 3 financial instruments

	Year Ended		Year Ended
	December 31, 2015		December 31, 2014
Fair value at beginning of the year	$	1,354,319	$	2,549,196
Issuance of derivative warrant liability		397,363		-
Embedded conversion feature		490,340		-
Modification and reclassification of outstanding warrants		-		114,923
		2,242,022		2,664,119
Change in fair value		(715,962)		(1,309,800)
Fair value at end of the year	$	1,526,060	$	1,354,319

Accounting for Share-Based Payments

	2015			2014
Risk-free interest rate		2.07	%		3.40%
Expected volatility		49.42	%		60.13%
Dividend yield	none			none
Expected term	6.5 years			5.5 years