Stock Warrant (Tables)

12 Months Ended

Dec. 31, 2016

Equity [Abstract]

Schedule of Warrant

Warrant Class	Number Issued		Exercise Price		Expiry Date
A		500,000	$	4.00	August 30, 2016
B		500,000	$	5.00	August 30, 2016
C		500,000	$	6,00	August 30, 2016
D		500,000	$	7.00	August 30, 2016
E		500,000	$	8.00	August 30, 2016

Schedule of Warrant Assumptions Used

The warrants subject to the term extension were valued using the Black-Scholes Option Pricing Model and the following weighted average assumptions:

Assumption	Pre-Modification			Post-Modification
Market price per share	$	0.01		$	0.01
Average exercise price per Share	$	6.00		$	6.00
Risk-free interest rate		0.20	%		0.59	%
Remaining contractual term in years		0.03			1.03
Volatility		100.0	%		100.0	%
Dividend rate		0.0	%		0.0	%
Fair value per share	$	0.00		$	0.00

Schedule of Warrant Activity

The following table summarizes the warrants outstanding and the related prices for the shares of the Company’s common stock at December 31, 2016:

	Number of Warrants			Weighted Average Exercise Price		Weighted Average Remaining Contractual Term (Years)		Aggregate Intrinsic Value
Balance outstanding December 31, 2014		2,500,000		$	6.00		1.66	$	-
Granted		-			-		-		-
Exercised		-			-		-		-
Cancelled		-			-		-		-
Balance outstanding December 31, 2015		2,500,000		$	6.00		0.66	$	-
Granted		-			-		-		-
Exercised		(4,165	)		6.00		0.63		-
Cancelled		-			-		-		-
Balance outstanding December 31, 2016		2,495,835		$	6.00		0.66	$	-
Exercisable, December 31, 2016		2,495,835		$	6.00		0.66	$	-