XML 52 R40.htm IDEA: XBRL DOCUMENT v3.3.1.900
Convertible Notes Payable (Details Narrative)
12 Months Ended
Dec. 31, 2015
USD ($)
$ / shares
Short-term Debt [Line Items]  
Amortization of the debt discount | $ $ 16,750
5% Convertible Note Due 2016-05-31 [Member]  
Short-term Debt [Line Items]  
Conversion price (in dollars per share) | $ / shares $ 0.40
Percentage of outstanding principal balance 150.00%
14% Secured Convertible Promissory Note [Member]  
Short-term Debt [Line Items]  
Conversion price (in dollars per share) | $ / shares $ 1.00
Principal amount | $ $ 275,000
Description of repayment terms

Payable in six installments (“Amortization Payments”) as set forth in an Amortization Schedule beginning the 30th day after issuance and each 30-days thereafter.

Description of conversion price terms

The Note is initially convertible at a price per share equal to $1.00 (the “Fixed Conversion Price”); provided, however, that from and after March 10, 2016 and/or during the continuance of an event of default under the Note, the conversion price shall be equal to the lesser of (i) the Fixed Conversion Price or (ii) 65% of the lowest trading price of the Company’s common stock during the 5 trading days prior to conversion.

Description of collateral

Secured by our inventory pursuant to the terms and conditions of a Security Agreement.

0% Convertible Interest Bearing Note [Member]  
Short-term Debt [Line Items]  
Description of conversion price terms

The note was converted into Company's preferred equity financing on April 4, 2016.