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DERIVATIVE INSTRUMENT LIABILITIES
3 Months Ended
Mar. 31, 2019
Notes to Financial Statements  
NOTE 5. DERIVATIVE INSTRUMENT LIABILITIES

The fair market value of the derivative instruments liabilities at March 31, 2019, was determined to be $6,994,685with the following assumptions: (1) risk free interest rate of 2.433%, (2) remaining contractual life of years .01, (3) expected stock price volatility of 895%, and (4) expected dividend yield of zero. Based upon the change in fair value, the Company has recorded a loss on derivative instruments for the three months ended March 31, 2019 of $3,279,705 and a corresponding increase in the derivative instruments liability.

 

The entire amount of derivative instrument liabilities are classified as current due to the fact that settlement of the derivative instruments could be required within twelve months of the balance sheet date.