XML 40 R24.htm IDEA: XBRL DOCUMENT v3.7.0.1
NOTE 5 - CONVERTIBLE NOTES PAYABLE: Schedule Of Debt Conversions (Details) - USD ($)
3 Months Ended 6 Months Ended
Jun. 27, 2017
May 09, 2017
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
May 10, 2017
Mar. 23, 2017
Dec. 31, 2016
Proceeds from issuance of convertible notes payable         $ 585,430 $ 0      
Debt Conversion, Converted Instrument, Shares Issued   48,345              
Share Price   $ 3.00              
Beneficial conversion features on convertible debt         106,751 0      
Debt discount     $ (108,000)   (108,000)        
Notes Payable     440,396   440,396        
Derivative liabilities     88,269   88,269       $ 0
Gain (loss) on derivative     19,065 $ 0 $ 19,065 0      
Debt Instrument, Description         The full amount of the note is a loan commitment fee related to an equity purchase agreement; default interest of 24%; prepayment up to 180 days following issue date.        
Conversion of notes payable to common stock   $ 145,034     $ 145,034 $ 0      
Notes Payable     440,396   440,396        
Amortization         20,681        
Balance of convertible notes payable, net     353,077   353,077        
Less current portion     353,077   353,077       $ 0
Long-term convertible notes payable, net     $ 0   0        
03-23-2017 Note                  
Proceeds from issuance of convertible notes payable         $ 145,034        
Debt Instrument, Interest Rate, Stated Percentage     0.00%   0.00%        
Debt Instrument, Maturity Date         May 01, 2017        
Debt Conversion, Converted Instrument, Shares Issued         48,345        
Conversion price               $ 3.00  
Share Price               $ 4.80  
Beneficial conversion features on convertible debt         $ 87,020        
Debt discount     $ 0   0        
Notes Payable     0   0        
Notes Payable     $ 0   0        
03-23-2017 Note | Denmark, Kroner                  
Proceeds from issuance of convertible notes payable         $ 1,000,000        
05-09-2017 Note                  
Debt Instrument, Interest Rate, Stated Percentage     9.00%   9.00%        
Debt Instrument, Maturity Date         Feb. 09, 2018        
Conversion price   $ 2.61 $ 1.56   $ 1.56        
Share Price   $ 5.10 $ 2.40   $ 2.40        
Debt discount   $ 58,000 $ 47,072   $ 47,072        
Notes Payable     58,744   58,744        
Debt Instrument, Face Amount     58,000   $ 58,000        
Debt Instrument, Convertible, Terms of Conversion Feature         principal and accrued interest is convertible at 65% of market value on the date of conversion; market value is calculated as the average of the 5 lowest close prices of the common stock during the previous 10 trading days; convertible into 22,222 shares at a conversion price of $2.61 as of the May 9, 2017 measurement date; convertible 180 days after the issue date until the maturity date        
Derivative liabilities     75,957   $ 75,957        
Derivative, Loss on Derivative         17,957        
Gain (loss) on derivative         25,287        
Notes Payable     $ 58,744   $ 58,744        
05-10-2017 Note                  
Debt Instrument, Interest Rate, Stated Percentage     0.00%   0.00%        
Debt Instrument, Maturity Date         Nov. 09, 2017        
Conversion price $ 3.00   $ 1.56   $ 1.56        
Share Price $ 5.10   $ 2.40   $ 2.40        
Beneficial conversion features on convertible debt         $ 666        
Debt discount     $ 38,525   38,525   $ 50,000    
Notes Payable     50,000   50,000        
Debt Instrument, Face Amount     50,000   $ 50,000        
Debt Instrument, Convertible, Terms of Conversion Feature         principal and accrued interest is convertible at $3.00 per share; however, if the Company provides more favorable terms or conversion price to another party, the terms and price on this agreement are adjusted to match the more favorable terms and price.        
Derivative liabilities     49,334   $ 49,334        
Gain (loss) on derivative $ 0   11,735   11,735        
Notes Payable     $ 50,000   $ 50,000        
06-27-2017 Note                  
Debt Instrument, Interest Rate, Stated Percentage     12.00%   12.00%        
Debt Instrument, Maturity Date         Aug. 28, 2017        
Debt Conversion, Converted Instrument, Shares Issued         174,924        
Conversion price $ 2.75                
Notes Payable     $ 331,652   $ 331,652        
Conversion of notes payable to common stock         331,325        
Loan origination fee     33,133   33,133        
Notes Payable     331,652   331,652        
06-27-2017 Note | Denmark, Kroner                  
Debt Instrument, Face Amount     $ 2,200,000   $ 2,200,000