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Organization, Consolidation and Presentation of Financial Statements Disclosure and Significant Accounting Policies: Fair Value Measurements: Schedule of Carrying Values and Estimated Fair Values of Debt Instruments (Tables)
3 Months Ended
Mar. 31, 2019
Tables/Schedules  
Schedule of Carrying Values and Estimated Fair Values of Debt Instruments

 

 

 

 

Level 1

 

 

Level 2

 

 

Level 3

 

 

Total

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Fair value of convertible notes derivative liability – December 31, 2018

 

$

–

 

 

$

–

 

 

$

372,151

 

 

$

372,151

 

 

 

 

Level 1

 

 

Level 2

 

 

Level 3

 

 

Total

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Fair value of convertible notes derivative liability – March 31, 2019

 

$

–

 

 

$

–

 

 

$

367,088

 

 

$

367,088

 

 

 

The following table provides a summary of changes in fair value of the Company’s Level 3 financial liabilities as of March 31, 2019 and December 31, 2018:

 

 

 

Derivative

 

Liability

Balance, December 31, 2018

   $         372,151 

Additions recognized as debt discount

              103,336 

Mark-to-market at March 31, 2019

           (108,339) 

Balance, December 31, 2019

   $         367,088