XML 12 R2.htm IDEA: XBRL DOCUMENT v3.7.0.1
Consolidated Balance Sheets - USD ($)
Jun. 30, 2017
Dec. 31, 2016
Dec. 31, 2015
Current assets      
Cash $ 783,014 $ 620,375 $ 1,115,109
Prepaid expenses 85,181 80,523 85,998
Prepaid expenses - Related Party 271,945 271,945 339,931
Total current assets 1,140,140 972,843 1,541,038
Property and equipment, net 194 242 5,804
Total assets 1,140,334 973,085 1,546,842
Current liabilities      
Accounts payable and accrued expenses 432,330 260,149 322,078
Current notes payable, net of debt discount of $1,090,910 and $-0-, June 30, 2017 and December 31, 2016 respectively 2,109,090 1,200,000
Deferred compensation 141,667 41,667
Shares to be issued 1,823,077 1,823,077 1,823,077
Total current liabilities 4,506,164 3,324,893 2,145,155
Notes payable, net of debt discount of $2,116,059, $2,717,752 and $1,917,248, respectively 6,883,941 6,282,248 5,082,752
Total liabilities 11,390,105 9,607,141 7,227,907
Commitments and Contingencies
Stockholders' deficit      
Preferred Stock, $0.001 par value per share; 20,000,000 shares authorized; none issued or outstanding at June 30, 2017, December 31, 2016 and 2015
Common stock, $0.001 par value per share; 100,000,000 shares authorized; 38,828,607 and 32,211,956 shares issued and outstanding at June 30, 2017, December 31, 2016 and 2015, respectively 38,829 38,829 32,212
Additional paid-in capital 38,865,042 38,271,173 20,201,567
Accumulated deficit (49,153,642) (46,944,058) (25,914,844)
Total stockholders' deficit (10,249,771) (8,634,056) (5,681,065)
Total liabilities and stockholders' deficit $ 1,140,334 $ 973,085 $ 1,546,842