XML 38 R25.htm IDEA: XBRL DOCUMENT v3.19.2
Derivative liabilities (Tables)
3 Months Ended
Mar. 31, 2019
Derivative Liabilities  
Schedule of weighted average black-scholes option pricing

    March 31,     December 31,  
    2019     2018  
             
Risk free rate     2.44 %     2.56 %
Volatility     266 %     231 %
Terms (years)   0.11 to 0.50     0.27 to 0.50  
Dividend rate     0 %     0 %

Summary of derivative liability

Derivative liability balance, December 31, 2018   $ 5,540,889  
Fair value of beneficial conversion feature of debt converted     (230,845 )
Change in derivative liability during the period     (1,753,969 )
Derivative liability balance, March 31, 2019   $ 3,556,075  

Gain (loss) on fair value of derivatives

    Three Months Ended March 31,  
    2019     2018  
             
Initial derivative expense   $ -     $ 185,358  
Fair value change in derivatives     (1,753,969 )     (199,128 )
Loss (gain) on fair value of derivatives   $ (1,753,969 )   $ (13,770 )