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Convertible Notes Payable and Derivative Liabilities Related Party: Fair Value of the Embedded Derivative Liability, December 31, 2014 (Tables)
12 Months Ended
Dec. 31, 2014
CONVERTIBLE NOTES PAYABLE AND DERIVITIVE LIABILITIES RELATED PARTY (Details)  
Fair Value of the Embedded Derivative Liability, December 31, 2014

The fair value of the embedded derivative liability was calculated at December 31, 2014 utilizing the following assumptions:

 

Fair Value

 

Terms Years

Assumed

Conversion

Volatility

Risk-

Free

Rate

$630,000

 

0.01

$0.0003

8.47%

0.01%

$105,000

 

0.01

$0.0003

8.47%

0.01%