7. Fair Value Measurements (Tables)

9 Months Ended

Sep. 30, 2015

Notes to Financial Statements

Derivative Liabilities

	Level 1	Level 2	Level 3	Fair Value at September 30, 2015
Liabilities
Derivative Liability	-	$ 467,865		$ 467,865

	Level 1	Level 2	Level 3	Fair Value at December 31, 2014
Liabilities
Derivative Liability	-	$ 48,851	-	$ 48,851

Derivative Liability Fair Value Adjustment

	Amount
Balance at December 31, 2014	$ 48,851
New warrant issued with stock/convertible debentures	780,125
Fair value adjustment	(348,614)
Decrease due to Conversion of convertible debenture	(12,497)
Balance at September 30, 2015	$ 467,865