DERIVATIVE LIABILITY (Tables)

3 Months Ended

12 Months Ended

Mar. 31, 2017

Dec. 31, 2016

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule of derivative liability

The following assumptions were used in the Black-Scholes valuation model:

	Three
	Months Ended			Year ended
	March 31,			December 31,
	2017			2016
Conversion price	$	0.11 to 0.22		$	0.22 to 0.23
Risk free interest rate		0.63 to 1.04	%		0.85	%
Expected life of derivative liability		4 to 11 months			9 months
expected volatility of underlying stock		132.56 to 138.19	%		133.0	%
Expected dividend rate		0	%		0	%

The following assumptions were used in the Black-Scholes valuation model:

	Year ended
	December 31,
	2016
Conversion price	$	0.22 to 0.23
Risk free interest rate		0.85	%
Expected life of derivative liability		9 months
expected volatility of underlying stock		133.0	%
Expected dividend rate		0	%

Schedule of movement in derivative liability

The movement in derivative liability is as follows:

	March 31, 2017		December 31, 2016
Opening balance	$	113,074	$	-
Derivative financial liability arising from convertible note		458,000		77,000
Fair value adjustment to derivative liability		247,770		36,074
	$	818,844	$	113,074

The movement in derivative liability is as follows:

	December 31, 2016		December 31, 2015
Opening balance	$	-	$	-
Derivative financial liability arising from convertible note		77,000		-
Fair value adjustment to derivative liability		36,074		-
	$	113,074	$	-