DERIVATIVE LIABILITIES AND FAIR VALUE MEASUREMENTS (Details 1) - USD ($)	Dec. 31, 2017	Dec. 31, 2016
Notes to Financial Statements
Beginning Balance	$ 1,301,138
Transfers	1,191,334	719,226
Mark-to-market	7,000,835	581,912
Ending Balance	$ 9,493,307	$ 1,301,138

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Fair value of liability associated with financial asset or other contract with one or more underlyings, notional amount or payment provision or both, and the contract can be net settled by means outside the contract or delivery of an asset.

+ References

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- Definition

Fair value of the assets less the liabilities of a derivative or group of derivatives.

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- Definition

Fair value of financial instrument classified as derivative asset (liability) after deduction of derivative liability (asset), measured using unobservable inputs that reflect the entity's own assumption about the assumptions market participants would use in pricing.

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- Definition

Value of the not readily marketable security or category which has been determined by management based upon fair value methods, including pricing of similar securities and valuation techniques and is included in the schedule of financial condition or the balance sheet.

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