Note 7 - Convertible Notes Payable: Schedule of assumptions used to value the derivative Note discount (Tables)

12 Months Ended

Dec. 31, 2015

Tables/Schedules

Schedule of assumptions used to value the derivative Note discount

The following table summarizes the assumptions used to value the derivative Note discount at December 31, 2015:

Fair value assumptions – derivative:	December 31, 2015
Risk free interest rate	0.65%
Expected term (years)	1.0
Expected volatility	155%
Expected dividends	0%

The following table summarizes the assumptions used to value the derivative Note discount at December 31, 2014:

	Fair Value at	Fair Value Measurement at December 31, 2015
	December 31, 2015	Level 1	Level 2	Level 3
Derivative conversion option liability	$65,940	$--	$--	$65,940

Fair value assumptions – derivative:	December 31, 2014
Risk free interest rate	0.25%
Expected term (years)	1.0
Expected volatility	162%
Expected dividends	0%