Note 4 Derivative Liability

6 Months Ended

Jun. 30, 2015

Notes

Note 4 Derivative Liability

Note 4 Derivative Liability

The Company has various convertible instruments outstanding more fully described in Note 3, some of which contain derivative features. As of June 30, 2015, the fair value of the Company’s derivative liabilities was $124,243.

The following table summarizes the derivative liabilities included in the balance sheet:

	Fair Value Measurements Using Significant Unobservable Inputs (Level 3
Derivative Liabilities:
December 31, 2014	$	171,560
Change in fair value		(47,317)
June 30, 2015	$	124,243

The fair values of derivative instruments were estimated using the Black Scholes pricing model based on the following weighted-average assumptions:

	Convertible Debt Instruments
Risk-free rate		0.18%
Expected volatility		2.31%
Expected life		91 days