Balance, December 31, 2014

$

438,374

Increases in derivative value due to new issuances of notes

455,141

Derivative adjustment due to debt conversion

(158,381

)

Change in fair value of derivative liabilities

106,543

Balance, December 31, 2015

841,677

Increases in derivative value due to new issuances of notes

552,858

Derivative adjustment due to debt conversion

(76,204

)

Change in fair value of derivative liabilities

616,286

Balance, December 31, 2016

$

1,934,617