SECURED CONVERTIBLE NOTES PAYABLE (Tables)

3 Months Ended

Mar. 31, 2016

Convertible Notes Payable [Abstract]

Significant Assumptions used

	2016			2015
Market Price:	$	0.43		$	0.55
Exercise Price:	$	0.30		$	0.30
Volatility:		138	%		149	%
Dividend Yield:	zero			zero
Term in years:	2.88 and 3.75			3.1 and 4.0
Risk Free Rate of Return:		1.21	%		1.76	%

	2016			2015
Market Price:	$	0.43		$	0.55
Exercise Price:	$	30.00		$	30.00
Volatility:		138	%		149	%
Dividend Yield:	zero			zero
Term in years:	<1			<1
Risk Free Rate of Return:		0.87	%		1.31	%

Summary of Convertible Notes

	Face Amount			Unamortized Discount			Debt Issuance Cost			Carrying Value
December 31, 2015	$	1,270,000		$	(660,712	)	$	(96,125	)	$	513,163
2016 Amortization		-			396,091			26,375			422,466
Conversions		(52,500	)		-			-			(52,500	)
March 31, 2016	$	1,217,500		$	(264,621	)	$	(69,750	)	$	883,129