XML 75 R63.htm IDEA: XBRL DOCUMENT v3.7.0.1
STOCKHOLDERS' EQUITY (Details Narrative) - USD ($)
 3 Months Ended 5 Months Ended 7 Months Ended 12 Months Ended
Feb. 16, 2016
Aug. 27, 2015
May 18, 2015
Mar. 31, 2017
Mar. 31, 2016
Oct. 17, 2016
Dec. 31, 2015
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Common stock, authorized       100,000,000     100,000,000 100,000,000 100,000,000  
Common stock par value (in dollars per share)       $ 0.0001     $ 0.0001 $ 0.0001 $ 0.0001  
Common stock, issued       55,454,000     44,784,000 55,454,000 44,784,000  
Common stock, outstanding       55,454,000     44,784,000 55,454,000 44,784,000  
Number of common stock issued       5,000,000       5,000,000    
Value of common stock issued               $ 375,000    
Total consideration               $ 2,032,275 $ 491,862  
Preferred stock, authorized       25,000,000     25,000,000 25,000,000 25,000,000  
Preferred stock par value (in dollars per share)       $ 0.0001     $ 0.0001 $ 0.0001 $ 0.0001  
Preferred stock, issued            
Preferred stock, outstanding            
Number of common stock returned       4,975,000       4,975,000    
Number of common stock held       25,000       25,000    
Share based expenses       $ 108,000 [1]     $ 144,000 $ 288,000 [1]  
Date of acquisition agreement               May 12, 2016    
Proceeds on common stock issued, net of expenses               $ 375,000 2,990,000 [1]  
Share issue expenses                 388,700  
Notes payable       562,750     $ 103,320 $ 526,750 103,320  
Asiya Pearls, Inc [Member]                    
Number of common stock issued               5,000,000    
Number of capital stock converted into each common stock               2    
Number of common stock returned               4,975,000    
Number of common stock held               25,000    
Restricted Stock [Member]                    
Share based expenses       $ 0 $ 108,000     $ 144,000 288,000  
Gibbs Investment Holdings, Gibbs International, Eurosa, Inc. and Robert Skaff [Member] | Consulting Agreements [Member]                    
Number of share converted 5,145,000                  
Amount of shares converted $ 2,032,275                  
QPAGOS Corporation - Parent Company [Member]                    
Share based expenses                 288,000  
Proceeds on common stock issued, net of expenses                 2,990,000  
QPAGOS Corporation - Parent Company [Member] | Convertible Notes Payable [Member]                    
Notes payable                   $ 2,324,422
QPAGOS Corporation - Parent Company [Member] | Subscription Agreement [Member]                    
Number of common stock issued           500,000        
Value of common stock issued           $ 375,000        
QPAGOS Corporation - Parent Company [Member] | Restricted Stock [Member]                    
Share based expenses               $ 0 $ 0  
QPAGOS Corporation - Parent Company [Member] | Consultants and Advisors [Member]                    
Number of share issued for services   9,238,628             4,918,628  
Number of shares pre merger   4,619,314             2,459,314  
Total consideration                 $ 491,862  
Common shares per unit (in dollars per share)             $ 0.10   $ 0.10  
Common shares pre merger (in dollars per share)             0.20   $ 0.20  
QPAGOS Corporation - Parent Company [Member] | Consultants and Advisors [Member] | Reverse Merger Transaction [Member]                    
Number of share issued for services                 1,667,150  
Number of shares pre merger                 833,575  
Common shares per unit (in dollars per share)             0.10   $ 0.10  
Common shares pre merger (in dollars per share)             0.20   $ 0.20  
QPAGOS Corporation - Parent Company [Member] | Consultants and Advisors [Member] | Restricted Stock [Member]                    
Number of share issued for services                 4,320,000  
Number of shares pre merger                 2,160,000  
Total consideration                 $ 432,000  
Common shares per unit (in dollars per share)             0.10   $ 0.10  
Common shares pre merger (in dollars per share)             $ 0.20   $ 0.20  
QPAGOS Corporation - Parent Company [Member] | Placement Agent [Member] | Private Placement Agreement [Member]                    
Percentage of fee received on gross proceeds     10.00%              
Percentage of expense recovery fee     3.00%              
Description of issuance of warrrants    

The Placement Agent was issued warrants equal to 15% of the total number of shares issued to the investors, on the same terms and conditions of those units issued to investors.

              
QPAGOS Corporation - Parent Company [Member] | Placement Agent [Member] | Warrant [Member] | Private Placement Agreement And Individual Securities Purchase Agreements [Member]                    
Number of pre-merger common units acquired             1,435,200   1,435,200  
Number of pre-merger common units             717,600   717,600  
QPAGOS Corporation - Parent Company [Member] | Placement Agent [Member] | Warrant [Member] | Private Placement Agreement [Member]                    
Number of pre-merger common units acquired             717,600   717,600  
Number of pre-merger common units             358,800   358,800  
Common shares per unit acquired (in dollars per share)             $ 0.625   $ 0.625  
Common shares per unit (in dollars per share)             $ 1.25   1.25  
Description of each unit            

Each unit consisting of a warrant to purchase one share of common stock at an exercise price of $0.625 ($1.25 pre-QPAGOS Merger) per share.

      
Fair value of warrants             $ 0.464   $ 0.464  
QPAGOS Corporation - Parent Company [Member] | Debt Holder [Member] | Reverse Merger Transaction [Member]                    
Number of pre-merger common units acquired             29,094,222   29,094,222  
Number of pre-merger common units             14,547,111   14,547,111  
Common shares per unit (in dollars per share)             $ 0.10   $ 0.10  
Common shares pre merger (in dollars per share)             $ 0.20   $ 0.20  
Notes payable             $ 2,909,423   $ 2,909,423  
QPAGOS Corporation - Parent Company [Member] | Gibbs Investment Holdings, Gibbs International, Eurosa, Inc. and Robert Skaff [Member] | Consulting Agreements [Member]                    
Number of share issued for services 2,572,500                  
QPAGOS Corporation - Parent Company [Member] | Mr. Gaston Pereira [Member] | Restricted Stock [Member] | Employment Agreement [Member]                    
Number of common stock issued                 2,880,000  
Value of common stock issued                 $ 288,000  
Number of shares pre merger                 1,440,000  
Description of vesting                 These shares are restricted and were fully vested April 30, 2016  
Common shares per unit acquired (in dollars per share)             $ 0.10   $ 0.10  
QPAGOS Corporation - Parent Company [Member] | Chief Operating Officer [Member] | Restricted Stock [Member] | Employment Agreement [Member]                    
Number of common stock issued                 1,440,000  
Value of common stock issued                 $ 144,000  
Number of shares pre merger                 720,000  
Description of vesting                

These shares are restricted and were fully vested April 30, 2016

  
Common shares per unit acquired (in dollars per share)             $ 0.10   $ 0.10  
Qpagos Corporation [Member]                    
Common stock par value (in dollars per share)       $ 0.0001            
Number of common stock others               2    
Number of common stock held       49,929,000       49,929,000    
Percentage of outstanding shares       91.00%       91.00%    
Date of acquisition agreement       May 12, 2016       May 12, 2016    
Qpagos Corporation [Member] | Investor [Member] | Private Placement Agreement And Individual Securities Purchase Agreements [Member]                    
Number of pre-merger common units acquired             4,784,000   4,784,000  
Number of pre-merger common units             2,392,000   2,392,000  
Common shares per unit acquired (in dollars per share)             $ 0.625   $ 0.625  
Common shares per unit (in dollars per share)             $ 1.25   $ 1.25  
Description of each unit            

Each unit consisting of one share of Common Stock and a five year warrant exercisable for one share of common stock at an exercise price of $0.625 ($1.25 pre-merger) per share.

      
Proceeds on common stock issued, net of expenses             $ 2,601,300      
Share issue expenses             $ 388,700      
[1] As Restated