- Definition

Fair value, after the effects of master netting arrangements, of a financial liability or 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, expected to be settled within one year or normal operating cycle, if longer. Includes assets not subject to a master netting arrangement and not elected to be offset.

+ References + Details

DERIVATIVE LIABILITY (Details 1) - USD ($)	12 Months Ended
DERIVATIVE LIABILITY (Details 1) - USD ($)	Dec. 31, 2016	Dec. 31, 2015
Opening balance
Derivative financial liability arising from convertible note	77,000
Fair value adjustment to derivative liability	36,074
Closing balance	113,074
QPAGOS Corporation - Wholly Owned Subsidiary [Member]
Opening balance
Derivative financial liability arising from convertible note
Fair value adjustment to derivative liability
Closing balance